That stake is four percent of the total shares in the massive online retailer, which comes to 19.7 million shares valued, as of this writing, at about $44 billion. As of 2020, Jim Walton's net worth is $53 billion. In 2019 his fortune increased by $36 billion, to an all-time peak of $106 billion. Jeff retains voting rights over her shares, and got to keep 75% of their former holdings. With his 1977 start-up, Ellison transformed Oracle, the worlds second largest software company. As we mentioned previously, Bill Gates peaked $100 billion in 1999. Sir Michael Friedlander - Property (Samson Corporation, Sterling Nominees): $2 billion. $116B. Jeff Bezos is an American philanthropist, businessman and investor who is best known for being the founder and CEO of Amazon. Elon Musk, the CEO of Tesla and SpaceX, recently purchased Twitter, a social media network. Fang made his fortune through a variety of businesses, including real estate, hospitality, and tourism. (REUTERS/Pierre Albouy). Forbes counted 2,095 billionaires for 2020, collectively worth $8 trillion. That makes her the fifth-richest woman in the world. In 1975 he and his ex-wife Rosalia Mera founded Inditex, which is best known for the fashion chain Zara, Forbes reported. Amancio was one of the 10 richest people in the world for twenty years. Goodman family - Property (Goodman Group): $3.1 billion. Australia's richest person has denied she is the mysterious billionaire with $544million in their super . Over $890 billion has been amassed by the ten wealthiest people since March 2020. More Covid victims in 'left behind' communities, Davos business leaders' event postponed over Omicron, Global economy faces grim outlook, says World Bank, Tesla starts accepting once-joke currency Dogecoin, Tesla criticised after opening Xinjiang showroom, Street fighting in Bakhmut but Russia not in control, Saving Private Ryan actor Tom Sizemore dies at 61, Alex Murdaugh's legal troubles are far from over, The children left behind in Cuba's mass exodus, Xi Jinping's power grab - and why it matters, Snow, Fire and Lights: Photos of the Week. #17. After returning home to France, he became CEO of fashion brand Christian Dior, which his family holds a 73% stake in. This has led to some speculation about his true net worth, but there is no doubt that he is the richest person in Fiji. He also has a significant stake in the countrys largest bank. Exactly one year later his fortune surged to $10 billion. No matter how you look at it, these 20 people have staggeringly high net worths. The richest New Zealander: Graeme Hart AP/Martin Sykes Net worth: $7 billion Forbes rank: 191 Background: Hart increased his wealth by $2 billion since last year. At the time of the agreement, her shares were worth roughly $35 billion. Jeff Bezos, Bill Gates, and Bernard Arnault are the only three members of the over $100 billion club. But we digress! With an estimated net worth of $1.3 billion, he is by far the wealthiest individual in the country. These fortunes were almost all made in tech and retail and fashion. Unfortunately, Yoshiaki's empire ended up imploding and today he is no longer even a billionaire. In 2018, Hart reportedly donated $10 million to Otago University for a new dental school. As we mentioned previously, Bill lost his #1 status to Mexican businessman Carlos Slim Helu between 2010 and 2013. [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. The Forbes survey uses the value of an individual's assets, mainly property and land, minus debts, to determine what he or she "owns". Why Alex Murdaugh was spared the death penalty, Why Trudeau is facing calls for a public inquiry, The shocking legacy of the Dutch 'Hunger Winter', Why half of India's urban women stay at home. China (which includes Hong Kong and Macao) followed in second place, with 456 billionaires. For a brief period at the height of the dotcom bubble in 1999, Bill's net worth topped $100 billion. And then three months later it topped $170 billion his all time high. Read about our approach to external linking. He said that recently there has been currency seizures at the airport due to the incorrect declaration of money and items brought into the country. As of Jan 2023, India has 166 billionaires which put the country third in the world, after the United States and China. He was one of the earliest employees of Microsoft, and was hired on with a compensation packed of an annual salary of $50,000 plus an 8% ownership stake in the company. Lote Tuqiri Lote Daulako Tuqiri is a Fijian-Australian former professional dual-code rugby footballer who last played for South Sydney Rabbitohs of the NRL. He rarely gives interviews and shuns the spotlight whenever possible. He also owns the Indian Wells Tennis Garden in Coachella, California, and the Indian Wells Masters Tournament. When her divorce became final she was immediately not just the second-largest-shareholder in Amazon, but also the third-wealthiest in the world. Bill Gates, 64, was worth $98 billion on March 18, according to Forbes. Dalio, who said he owns less than half the firm in a June 28, 2018 interview on Bloomberg Television, is credited with 49.9% of Bridgewater. This is a family of five who inherited the oil business from their father. The rest of the company is owned by her brother John, and her four nieces. The data excludes wages or income. Who are the richest people in the world? 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. Submit a correction suggestion and help us fix it! After a decade of private ownership, in January 2020, Hart took most of the Reynolds packaging group public. (Bloomberg) -- Fox Corp. Chairman Rupert Murdoch testified that Fox News's popular commentators "endorsed" Donald Trump's false claim that the 2020 presidential election was rigged, even though Murdoch said he doubted the conspiracy theory right away, according to a filing in a defamation lawsuit.Most Read from BloombergElon Musk Regains His Spot as the World's Richest PersonNigeria . The richest people from Fiji consists of athletes and politicians. #14. Mark Zuckerberg, 35, was worth $54.7 billion on March 18. The global economy is growing, and women are increasingly important in the workplace. In the aftermath of the dotcom bubble explosion, Jeff's fortune sank to an all-time low of $1.5 billion. Stakes in publicly traded companies are valued using the share's most recent closing price. Franoise Bettencourt-Meyers is a French author and heiress, and one of the richest women on the planet. In previous years, the only financial threshold was $50 million in wealth. 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. [3] Savitri Jindal is currently India's richest woman topping the list at 7th position. 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. As the CEO of Facebook, Zuckerberg earns an annual salary of $1; the majority of his net worth comes from his ownership of 400 million Facebook shares. Berkshire Hathway, which owns Dairy Queen, is one of his businesses. Gautam Adani became the richest person in Asia in March 2022 when he surpassed Mukesh Ambani. Fast forward some 100 years to 2021: as the COVID-19 pandemic continued to rage, a record-breaking 660 people became billionaires globally, growing the previous year's number by 30%. Forbes places his net worth at TSH. He has 75% shareholding. Rob Walton, 75, was worth about $54.1 billion on March 18, according to Forbes. He owns a 59.3% stake in Inditex, a 21.6% stake in real estate giant Grilse, and has a property portfolio valued at $1.4 billion. After the market turmoil due to the Coronavirus pandemic, his net worth dropped by nearly $20 billion. In 2021, women with this level of wealth will have increased their wealth by 9%, compared to the combined wealth of the worlds 100 richest women. Warren Buffett is an American entrepreneur, widely considered to be the greatest investor of all time. Jakarta - Forbes Indonesia released the newest 100 richest people in Indonesia in 2020. Alibaba Group has six active subsidiaries: Alibaba.com, Tmall.com, eTao, Alibaba Cloud Computing, Taobao Marketplace, and Yahoo! Bruce Plested Tech and Services (Mainfreight): $1.02 billion. Better comply and save money, said Mr Das. Mukesh Ambani is an Indian businessman who has earned his net worth through his career at Reliance Industries, a Fortune 500 company, where is his the chairman, managing director, and largest shareholder. 67 McCaul St, Toronto Ontario, M5T 2W7, Canada, Designed by Elegant Themes | Powered by WordPress, Bora-Care With CPES Wood: The Key To A Longer Lasting Wood, Soufrire: The First Capital City Of St Lucia, The Pros And Cons Of Replacing Bora-Care With Timbor. This is the closest year even though we are already in 2021. He is also a major philanthropist, donating millions of dollars to various causes each year. She owns a large estate on one of the main islands, and her husband is a successful businessman. Mars serves as the Chairman of Mars, Inc., and owns one-third of the company. After adjusting for inflation that's the same as around $135 billion today. Talley's Group recognised among New Zealand's largest food processors. Oxfam typically releases a report on global inequality at the start of the World Economic Forum meeting in Davos. Oxfam's report is based on data from the Forbes Billionaires List and the annual Credit Suisse Global Wealth report, which gives the distribution of global wealth going back to 2000. This was confirmed by Chief Executive Officer of the Fiji Revenue and Customs Service Visvanath Das. Hart is said to own a considerable property portfolio, including land on Waiheke Island, houses in Auckland, a holiday home in Closeburn near Queenstown and Eori, a private island in Fiji. Bezos, of course, revolutionized the way we shop by founding Amazon. Some are self-made, others, like the Waltons, inherited their many billions. The video provides an in-depth analy. Of course, with the markets in flux because of the coronavirus, each billionaires net worth also fluctuates depending on the day. As the tenth monarch of the Chakri dynasty, his name is also styled as Rama X, and is the oldest Thai monarch to ascent to the throne at age 64. Additionally, he has an extensive real estate portfolio, including 98% ownership of the Hawaiian island of Lanai, which he purchased for $300 million in June 2012. The company then merged with Reuters in 2008 to form Thomson Reuters, which continues today and specializes in financial services, law, healthcare sectors, and tax and accounting services. The video titled "Top 10 Richest Person of Pakistan" is a comprehensive guide to the wealthiest individuals in Pakistan. In the No. Bernard Arnault, 71, and his family were worth $76 billion on March 18. As of this writing, Sergey Brin's net worth is $57 billion. Bill Gates maintained his spot as the second-richest, with $98 billion. He is also the former CEO of web giant Alphabet, which is Google's umbrella parent company and owns multiple subsidiary companies including the Google search engine. Can you even imagine having that kind of money? Video - Newshub; Image - Instagram/GraemeHart, Getty. Alice Walton, the daughter of Walmart founder Sam Walton, was ranked second among the top 3 richest Americans in terms of wealth, with a net worth of $65.3 billion. He represented Australia in both rugby league and rugby union, and Fiji in rugby league. The family reportedly supports a number of charities, including Starship, Unicef, the Salvation Army, Kids Can and Foodbank, along with various causes in China. Bezos net worth is more than $100 billion, making him the richest person in the world since Bill Gates. The Bettencourt-Meyers family now owns a 33% stake in L'Oreal. As of 2020, Amancio Ortega Gaona's net worth is $52 billion. According to Forbes, he paid around USD 15 million for the island just after the release of his Oscar-nominated film, Passion of the Christ (2004), which earned him international acclaim. He urged them to please comply and be honest with their businesses. 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. During this period, as Microsoft stock struggled, Bill Gates' fortune fluctuated between $50 billion and $60 billion. Brands under Kering include prestigious fashion houses Gucci, Stella McCartney, Alexander McQueen, and Yves Saint Laurent. He has served on Walmart's Board of Directors since September 2005, and is also CEO of Arvest Bank, which is owned by his family and is the largest bank in Arkansas. Civoniceva played his club football for the Brisbane Broncos, with whom he won the 1998, 2000 and 2006 NRL Premierships, as well as for the Penrith Panthers, whom he captained. 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.". Bezos other companies include The Washington Post, Blue Origin, and the 10,000-year clock. From MacKenzie Bezos at #20 to her ex-husband Jeff Bezos at #1, these people come from all walks of life. In total, he spent $676 million on his entirely self-funded campaign. What originally started as a simple online bookstore, Amazon has since expanded into a massive global retailer and household name. Larry Ellison, 75, was worth $59 billion on March 18. His net worth peaked in February 2020 at $50 billion. Index. However, as of 2019, the richest person in the world is Jeff Bezos, with a net worth of $131 billion. 9, with $54.4 billionwhich makes her the wealthiest woman in the world. The charity said the incomes of 99% of the world's population had reduced from March 2020 to October . 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. She's in ninth place with $54.4 billion. Jim Walton, 71, was the richest Walton on March 18 with a net worth of $54.6 billion. and each individual billionaire profile contains a detailed analysis of how that person's fortune is tallied. It is insane. Jim Walton is an American businessman, and the youngest son of Walmart founder Sam Walton. In 2019, Jeff Bezos split from his wife of 25 years, MacKenzie. There is no definitive answer to this question as it is impossible to measure wealth in an objective manner. What's the least amount of exercise we can get away with? Coming in last of the top 10, Delegat Group sold a record number of cases of wine during COVID-19. He has full ownership of the . For much of the last 25 years, Bill was the uncontested richest person on the planet. 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. Thomson is also the owner of the Winnipeg Jets NHL team. For a time he was the third richest person in the world. 6 spot is Zara cofounder Amancio Ortega, worth $55.1 billion. In the second IPO in September, Reynolds aimed to raise US$800 million ($1.2 billion) to repay $1.385 billion of debt. Sign up here. As just one example, Elon Musk witnessed his wealth increase at least 1,116% in the last year and a half . All Rights Reserved. With a net worth of $158 billion, the Arnault family is the third wealthiest family in the world. Developed by Dre Boam. Alice Walton - $50 billion. He controls companies such as Telefonos De Mexico and TelCel, and has a 57% stake in mobile phone giant America Movil. Watch: NBR editor Maria Slade talks to The AM Show about The NBR List. Priscilla Dickinson Graeme Hart tops NBR's list again as New Zealand's wealthiest person. At 89 years old, Warren Buffett is the oldest richest person by 5 years. She instantly became the richest woman in the world in April 2019. NBR estimates Hart's net worth at $11 billion, up from an estimated $10 billion in 2019. As of 2020 Jacqueline Mars has a net worth of $37 billion. It said 160 million more people were living on less than $5.50 (4.02) a day than would have been without the impact of the Covid pandemic. 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. Knowing a country's GNI per capita is a good first step toward understanding the country's economic strengths and needs, as well as the general standard of living enjoyed by the average citizen.