His vast wealth is derived from his massive stake in Christian Dior SE, the holding company in which he owns 41.2% of LVMH. Take a look: Lote Daulako Tuqiriis a Fijian-Australian former professional dual-code rugby footballer who last played for South Sydney Rabbitohs of the NRL. During this period, as Microsoft stock struggled, Bill Gates' fortune fluctuated between $50 billion and $60 billion. Graeme Hart - Investment (Rank Group - packaging, wood products and building supplies industries): $11 billion. It also reported that 267 people who were billionaires last year are no longer billionaires and 178 new people have reached billionaire status this year. Despite his success, Bezos is not the "Richest Person of All Time" when adjusting for inflation. In the last year, he has made a number of changes, firing some employees and allowing accounts to purchase blue tick verification, which has caused chaos. And it could be much higher if incomes are declared fully. As of 2020 David Thomson's net worth is $32 billion. He served as the head of technology for ten years before transitioning to the role of President of Alphabet. He has yet to catch up to figures such as oil tycoon John D. Rockefeller, who was worth an inflation-adjusted $340 billion when he died. Bernard Arnault (Photo by Pascal Le Segretain/Getty Images). She owns a 13% stake in Walmart through the Walton Family Holdings Trust and Walton Enterprises, but unlike her siblings, owns no stake in Arvest Bank. For much of the last 25 years, Bill was the uncontested richest person on the planet. He usually played as a winger in both codes. Focusing on profit and purpose, The NBR List 2021 ranks Kiwis on more than just how many dollars they have to their name. The richest woman in the world is Alice Walton. He has full ownership of the . As of 2020, John Mars has a net worth of $37 billion. (Photo by Dimitrios Kambouris/Getty Images). Market data provided byFactset. Rob Walton, 75, was worth about $54.1 billion on March 18, according to Forbes. In the year to June 30, 2020, 3.3 million cases of Delegat wines were sold, up 9 percent, making it New Zealand's number one wine exporter. Mars, Inc. produces well-known and popular candy brands such as Snickers, Twix, Milky Way, M&Ms, and Skittles, and acquired gum giant Wrigley in 2008 for $23 billion. Oxfam's decision to measure the growth from the start of the pandemic, when global share prices plummeted, also skews the findings slightly. The wealth of the world's richest is typically tied up in their stock holdings, which fell sharply in March 2020, meaning the subsequent growth was from this lower base. He is also a major philanthropist, donating millions of dollars to various causes each year. With an estimated net worth of $1.3 billion, he is by far the wealthiest individual in the country. He was worth $98 billion on March 18, according to Forbes. China. John Mars is an American businessman based in Wyoming. He is the only son of King Bhumibol Adulyadej and Queen Sirikit. Along with Page, he controls 51% of the Alphabet's voting rights, and he also owns roughly 6% of Alphabet, as well as equity stakes in companies such as Tesla and 23andMe. "The outlook for the weaker countries is still to fall further and further behind," he said. After adjusting for inflation that's the same as around $135 billion today. The global economy is growing, and women are increasingly important in the workplace. Here's Forbes' full list of Illinois billionaires: Ken Griffin $16 billion Neil Bluhm $5.7 billion Sam Zell $5.3 billion Joe Mansueto $5.2 billion Mark Walter $4.7 billion Thomas. Gautam Adani became the richest person in Asia in March 2022 when he surpassed Mukesh Ambani. In the second IPO in September, Reynolds aimed to raise US$800 million ($1.2 billion) to repay $1.385 billion of debt. Bill Gates is the largest private owner of farmland in the United States, and Warren Buffett is among the worlds wealthiest people. Priscilla Dickinson Graeme Hart tops NBR's list again as New Zealand's wealthiest person. This number is likely to be higher if we include those who have assets in Fiji but do not reside there permanently. A year later, in late 1987, his net worth was $1.25 billion. In January 2018 it stood at $100 billion. Assets are categorized as publicly traded companies, private assets Bettencourt-Meyers currently serves on L'Oreal's Board of Directors, and as chairwoman of the family's holding company, Tthys. The initial public offering (IPO) raised US$1.2 billion at US$26 per share, leaving Hart with a 77 percent stake worth US$4 billion at the offer price. The following sections will introduce you to the other billionaires and their business strategies. Warren Buffett. He also holds large stakes in holding company Grupo Carso, banking and insurance company Grupo Financiero Inbursa, and others such as Minera Frisco and the New York Times. The video provides an in-depth analy. He is the richest person in India. Mel Gibson owns the largest private island in the South Pacific, the Mago Island. As of 2020, Sheikh Mansour bin Zayrd Al Nahyan's net worth is $31 billion. Who could have guessed, 25 years ago, that we'd be getting not just books, but lightbulbs and furniture and clothing and groceries delivered within hours of placing the order. Now in his mid-60's, the businessman has built his fortune in the packaging and building supplies industries. He was worth $113 billion on March 18. He usually played as a winger in both codes. Larry's Tesla stake is worth over $1 billion. Bezos, of course, revolutionized the way we shop by founding Amazon. His family home in Mumbai is a private 27-storey building that is worth over $1 billion and requires a full-time staff of 600 people. As of publication time, according to Forbes' real-time wealth tracker, his wealth stands at $92.6 billion. However, it is safe to say that there are at least a few hundred millionaires living in Fiji. Voreqe Bainimarama, the countrys Prime Minister, has stated that he wants to attract high-level executives to aid in the recovery of the countrys economy. [1] Mukesh Ambani the chairman and largest shareholder of Reliance Industries, has been the richest Indian for 13 consecutive years. As we all know, theres shortage of contractors in the country, so we are looking at the number of construction projects that are happening and the industry is booming. Lower incomes for the world's poorest contributed to the death of 21,000 people each day, its report claims. What originally started as a simple online bookstore, Amazon has since expanded into a massive global retailer and household name. Mr Das said this was certainly due to communication barriers. Released on Monday, The NBR List reveals the top 10 Kiwi wealth creators for 2021. Jeff retains voting rights over her shares, and got to keep 75% of their former holdings. The video titled "Top 10 Richest Person of Pakistan" is a comprehensive guide to the wealthiest individuals in Pakistan. Despite their enormous wealth, the Walton family remains the worlds wealthiest family, with a net worth of nearly $200 billion. }); Use your ← → (arrow) keys to browse. No matter how you look at it, these 20 people have staggeringly high net worths. He has donated over $1 billion worth of assets to his family foundation, the Carl Victor Page Memorial Fund. As of 2020, Jack Ma's net worth is $44 billion. Elon Musk was ranked first in terms of wealth in January 2021. For that, the Microsoft founder has consistently been at the top of the world's richest list and was only recently unseated by Bezos. Due to the many construction rehab works happening in Fiji, he said that it is important to look at if they are declaring the income fully. With an estimated net worth of $1.3 billion, he is by far the wealthiest individual in the country. (Photo by SAJJAD HUSSAIN/AFP via Getty Images). Through the Walton Family Holdings Trust and Walton Enterprises, he owns a 13% stake in Walmart, and also has a 44% percent stake in Arvest Bank. Franoise Bettencourt-Meyers is a French author and heiress, and one of the richest women on the planet. 1,444 Phillip T. (Terry) Ragon, $2.2 billion. Elections 2022 Sunbiz Sunbiz Business World Business Techworld Shipping. Sports Sports Olympics Pacific Games . Let's take a closer look at the top 30 richest people in the world as of 2020. Compare asset breakdowns of the fortunes on the Bloomberg Billionaires Let us know below in the comments! She holds a degree in anthropology from Bryn Mawr College, and has been married twice. Topmost10 reveals the 2021 top 10 richest people from Fiji. It's also expanded its ice cream business, having bought the Deep South brand from Synlait Milk in October 2020. Mars serves as the Chairman of Mars, Inc., and owns one-third of the company. He has since expanded his empire into several other industries, including the telecommunications and sportshe is the owner of Indian Premier League cricket team the Mumbai Indians. Gates and his wife Melinda chair the Bill & Melinda Gates Foundation, which is the largest private charitable foundation in the world, Forbes reported. Her grandfather had founded the cosmetics company L'Oreal, and her mother Liliane Bettencourt was one of the largest shareholders of the company, passing her stake along to Bettencourt-Meyers after her passing in 2017. His father had developed a successful business empire, which was split between Ambani and his brother Anil Ambani after his death in 2002. The business went into receivership in November and the assets were sold to Colin Neal's Polar Capital. "Pony" Ma Huateng is a Chinese internet entrepreneur and the founder, CEO, and executive board member of Tencent Holdings, Ltd. Tencent is one of the most important telecommunications companies in China, with popular products such as instant messing service Tencent QQ and the multi-purpose messaging, social media and mobile payment app Wechat. She is the richest woman in the world. These are High Wealth Individuals worth more than a million dollars. She is the third richest woman in the world and the richest woman in Europe. See the complete ranking of the worlds billionaires for 2020. Of course, with the markets in flux because of the coronavirus, each billionaires net worth also fluctuates depending on the day. Maritino Nemani(born 25 May 1991) is a Fijian rugby union footballer. And the Walton familyheirs to Walmart founder Sam Waltonrounds out the top ten. Todd family- Investment (Todd Corporation - energy, Todd Digital): $4.3 billion. According to Forbes figures cited by the charity, the world's 10 richest men are: Elon Musk, Jeff Bezos, Bernard Arnault and family, Bill Gates, Larry Ellison, Larry Page, Sergey Brin, Mark Zuckerberg, Steve Ballmer and Warren Buffet. For the fourth year in a row, the Walton family has the worlds largest family wealth. The 15 Richest People On The Planet Right Now, These 12 Billionaires Had The Fastest Growing Fortunes Of 2019. Can you even imagine having that kind of money? When you visit the island, youll find standup paddle boards, kayaks, fins, and snorkels ready to use. Jeff Bezos Jeff Bezos Net Worth: $146.9 Billion Jeff Bezos is the founder of Amazon, one of the biggest and most popular companies on the web. Mowbray family - Make and sell (Zuru Group - toys and consumer products): $2.5 billion. Mukesh Ambani the chairman and largest shareholder of Reliance Industries, has been the richest Indian for 13 consecutive years. A member of the ruling family of Abu Dhabi, he is the deputy prime minister of the UAE. Sergey Brin is a Russian-American computer scientist and technology entrepreneur, best known as the co-founder of Google alongside Larry Page. Amazon founder Jeff Bezos is the worlds wealthiest person for the third year in a row, worth $113 billion. Protesters burned their face masks during a demonstration against the first COVID-19 vaccine trial in Africa. Who are the richest people in the world? It now deals in a wide variety of other services and products, producing well-known brands such as Quilted Northern tissue, Dixie Cup, and Lycra fabric. Today, Gates actually owns less than 1.3% of Microsoft; he has sold most of his shares over the years to fund Cascade Investment LLC, a vehicle he uses to invest in hundreds of other companies. Bill Gates maintained his spot as the second-richest, with $98 billion. Bill Gates is pictured in 2017. MacKenzie also joined the Giving Pledge soon after her divorce was final, something her ex has failed to do, despite his obscene wealth. (including closely held businesses, art and real estate), cash and other That was 58 fewer billionaires than last year and 226 fewer than at the beginning of the month, Forbes reported. In other words, there richest 14 people in the world are all men. 10, with $54.1 billion. The majority of his net worth comes from his 333.3 million shares of Microsoft stock. Source: Bloomberg reporting. However for the second year running, the meeting (scheduled for this week) will be online-only after the emergence of the Omicron variant derailed plans to return to an in-person event. Louis Vuitton, Mot Hennessy, Dom Prignon and Dior are among the luxury brands in Arnaults portfolio. Today, he owns 22% of Oracle, and has pledged 315 million personal shares as collateral against credit lines and personal debt. Warren Buffet, the worlds fifth wealthiest person, has a net worth of $118 billion. Elon Musk, the founder of SpaceX and the CEO of Tesla, now has a net worth of more than $273 billion as of September 2022, according to Forbes. Fang made his fortune through a variety of businesses, including real estate, hospitality, and tourism. "This year, what's happening is off the scale," he said. A multi-billionaire may be able to reduce their reported income by taking advantage of a variety of tax breaks. The World Bank uses $5.50 a day as a measure of poverty in upper-middle-income countries. Tuqiri first rose to prominence as a rugby league player for the Brisbane Broncos and Queensland Maroons, as well as the Fiji and Australia national sides. Mutual Fund and ETF data provided byRefinitiv Lipper. Members of the Walton family are pictured in 2018. For a brief period at the height of the dotcom bubble in 1999, Bill's net worth topped $100 billion. Sheikh Mansour bin Zayrd Al Nahyan is a politician and businessman from the United Arab Emirates (UAE). He is now known as the enthusiastic owner of NBA sports team the Los Angeles Clippers. Starting July 5th, the number of Iranian places where masks must be worn will increase. As of this writing, Bernard Arnault's net worth is $70 billion. The list of richest Indians by net worth based on an annual assessment of wealth and assets compiled and published by Forbes magazine. And then three months later it topped $170 billion his all time high. Altogether they are worth $13.1 trillion, up . Our owners are devoted to ensuring that our guests have an exceptional stay at the resort. According to Forbes, Jim Walton gave away $1.2 billion in Walmart in June last year, but kept his wealth because of a 44 percent stake in Arvest Bank. Mars was born into the famous Mars family, who own the well-known candy company Mars, Incorporated. Exactly one year later his fortune surged to $10 billion. As of 2020, Steve Ballmer's net worth is $59 billion. A report estimated Meyers net worth at $74.8 billion dollars, making her the worlds richest woman. He has 75% shareholding. He got his start in business after college, when he joined his father's company, before eventually heading his own company selling luxury condominiums in Miami, Florida. The boost made. 7, with $54.7 billion. To put that into perspective, that's more than the entire economic output of Sweden, Turkey, or Saudi Arabia. To see which individual billionaires were at the top of the list, here are the 10 richest people in the world and where they're from, according to Forbes'list of "The Richest in 2020.". As of Jan 2023, India has 166 billionaires which put the country third in the world, after the United States and China. Alice Walton is, of course, a Walmart heir and perennially on the list of the wealthiest people in the world. Founded in 1936 by Ivan Peter Talijancich (Ivan Talley) and based in Motueka, Talley's employs around 7500 staff. The National Business Review (NBR) estimates Hart's net worth at $11 billion, up from an estimated $10. If Oxfam had measured from just before the pandemic began, the growth would have been less pronounced. He has transferred many of his stakes to his children, and no longer maintains an involvement in the day-to-day operations of his companies, but is still credited as the patriarch of the family fortune. The richest people from Fiji consists of athletes and politicians. He owns a 42% stake in Koch Industries, the second-largest privately held company in the United States, as well as a stake in his family's private equity fund Koch Equity Development. Australia's richest person has denied she is the mysterious billionaire with $544million in their super . He owns stakes in companies such as Virgin Galactic and Sky News Arabia, and part of the Major League soccer team New York City FC. His company, Reynolds Group. He controls companies such as Telefonos De Mexico and TelCel, and has a 57% stake in mobile phone giant America Movil. The richest man in the world is Jeff Bezos. For a time he was the third richest person in the world. The upcoming float on Rocket Lab in the US has an estimated value of $560 million. A takeover of Singapore's Olam International earlier this year saw Talley's increase its share of Open Country Dairy to around 92 percent. 4, for the first time. [4], List of countries by the number of billionaires, "Forbes' 36th Annual World's Billionaires List: Facts And Figures 2022", "Mukesh Ambani becomes world's 5th richest man, fortune swells over $2 billion in a day", "Forbes Billionaires 2022: The Richest People In The World", https://en.wikipedia.org/w/index.php?title=List_of_Indians_by_net_worth&oldid=1137186595, Commodities, ports, power generation and transmission, real estate, defense, airport and data centre, Trucks, lubricants, banking, cable television, etc, This page was last edited on 3 February 2023, at 07:44. All 2,095 billionaires are worth about $8 trillion, which is $700 billion less than they did in 2019, according to Forbes. Other notable achievements by Kiwis among the top 10 on The NBR List for 2021 are below. With an estimated net worth of $400 billion, Mansa Musa is estimated to be the wealthiest person in modern history. She instantly became the second richest woman in the world when her husband David died in August 2019. (Photo by Chris Kleponis-Pool/Getty Images). Other contenders for the title of richest person include Bill Gates, Warren Buffett, and Amancio Ortega. Buffett is one of the most successful investors of all time, according to Forbes. As of 2011, he has taken a step down from the day to day operations of Inditex. Steve Ballmer is an American businessman and sports team owner. To share the 'Bula Spirit' we have created a Bulanaires List. By entering your email address you're giving us permission to send you news and offers. Along with her brothers Rob and Jim, the Walton family is considered one of the wealthiest families in America. The index is a dynamic measure of personal wealth based on changes in markets, the economy and Despite his immense wealth, Fang remains a relatively low-profile figure. Bezos founded ecommerce giant Amazon in 1994 and is still the CEO of the company. The 20 richest people in the world have a combined net worth of $1.3 TRILLION. The National Business Review (NBR) estimates Hart's net worth at $11 billion, up from an estimated $10 billion in 2019. She's in ninth place with $54.4 billion. The couple now operate the Bill & Melinda Gates Foundation, the largest transparent charitable foundation in the world. As of 2020, Jim Walton's net worth is $53 billion. These fortunes were almost all made in tech and retail and fashion. Jim Walton - U.S. Jim Walton, 71, was the richest . She serves as a board member of the Amon Carter Museum, and is a well-known political contributor, having provided funding for conservative organizations such as Progress for America.