Alibaba Group has six active subsidiaries: Alibaba.com, Tmall.com, eTao, Alibaba Cloud Computing, Taobao Marketplace, and Yahoo! He also has a significant stake in the countrys largest bank. Latest Headlines Escape Destinations Holiday Types Qantas BA New Zealand Fiji Indonesia . Video - Newshub; Image - Instagram/GraemeHart, Getty. 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. 10, with $54.1 billion. Sign up here. Jack Ma is a Chinese internet entrepreneur and businessman, best known as the founder and former CEO of Alibaba Group. He has full ownership of the . Late in his career whilst playing for the Redcliffe Dolphins in the Queensland Cup, Civoniceva captained the Fijian national team in their 2013 Rugby League World Cup campaign. 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. In 2020 it has fluctuated between $110 billion and $120 billion. [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. As of 2020, John Mars has a net worth of $37 billion. All rights reserved. Other notable achievements by Kiwis among the top 10 on The NBR List for 2021 are below. converted to U.S. dollars at current exchange rates Read Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest His fortune typically outpaces his Google co-founder Sergey Brin by around $1 billion thanks to successful investments in companies and slightly more shares in Alphabet. The table below lists India's richest people as per their net worth published by the Forbes (2023). It's a twist on the popular billionaires lists and instead celebrates people from around the globe who are truly rich, rich in happiness! He owns a 13% stake in Walmart through Walton Family Holdings Trust and Walton Enterprises, as well as a 25.5% stake in another Walton family venture, Arvest Bank. As of 2020, Jim Walton's net worth is $53 billion. 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. And Rob Walton, the eldest sibling, is No. Pinault also owns Artemis S.A., a company which holds brands such as Converse and Samsonite, and the Vail Ski Resort in Colorado. Despite his success, Bezos is not the "Richest Person of All Time" when adjusting for inflation. Previously, Buffett was the third-wealthiest person in the world before Bernard Arnault took his spot this year. He owns a sprawling estate on one of Fijis most exclusive islands, and his private jet is a common sight at the local airport. Chief Executive Officer for Fiji Revenue and Customs Service Visvanath Das. The Bettencourt-Meyers family now owns a 33% stake in L'Oreal. As of this writing, Warren Buffett's net worth is $75 billion. He was worth $98 billion on March 18, according to Forbes. (Photo by SAJJAD HUSSAIN/AFP via Getty Images). In 1977, he founded Oracle, a software company and today he serves as the chairman of the board and the chief technology officer, according to Forbes. Forbes counted 2,095 billionaires for 2020, collectively worth $8 trillion. 6 spot is Zara cofounder Amancio Ortega, worth $55.1 billion. He has a net worth of $3.1 billion. For a brief period in April 2017, Amancio's $77 billion fortune topped Jeff Bezos' $76 billion, making him the second richest person on the planet. 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. Larry Page is an American technology entrepreneur, best known as the co-founder of Google alongside Sergey Brin. This was confirmed by Chief Executive Officer of the Fiji Revenue and Customs. NBR estimates Hart's net worth at $11 billion, up from an estimated $10 billion in 2019. Following COVID-19, the former 'NBR Rich List' has been revamped and the word 'rich' has been dropped. Based in Hong Kong, the business reportedly suffered mass disruption and lost sales in February, due to the COVID-19 pandemic. "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. See the complete ranking of the worlds billionaires for 2020. He has not only the worlds second-largest wealth, but he is also the richest black man in the world. Who are the richest people in the world? 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. 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. Today, the e-commerce site Alibaba.com is the largest commerce site in the world, and is bigger than eBay and Amazon.com combined. 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.". Siblings Nick, Ana and Matt run toy and consumer product maker Zuru Group, ranking fourth on The NBR List. 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. It is insane. Protesters burned their face masks during a demonstration against the first COVID-19 vaccine trial in Africa. Exactly one year later his fortune surged to $10 billion. This is a family of five who inherited the oil business from their father. Amazon founder Jeff Bezos is the worlds wealthiest person for the third year in a row, worth $113 billion. The World Bank uses $5.50 a day as a measure of poverty in upper-middle-income countries. But even after that drop, Elon is the ONLY billionaire out of the top 50 richest people in the world who has seen a net worth INCREASE since January 1st. Unfortuantely, no billionaire has been hit harder by the ups and downs of 2020 than Bernard Arnault. As of 2020, Francois Pinault's net worth is $30 billion. These tycoons, royals and heirs control a stunning amount of wealth. Bill Gates is pictured in 2017. For comparison, 30 years ago, the richest man in the world was Japanese business executive named Yoshiaki Tsutsumi. He also runs Berkshire Hathaway, which owns more than 60 companies. The transfer reportedly brought Jeff Bezos's Amazon stake, formerly at 16 percent, down to 12 percent, according to regulatory filings. Jeff is the first human to ever top $150 billion and then $170 billion in non-inflation adjusted net worth. 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. Bernie and Kay Crosby, founders of Hamilton-based Prolife Foods (Alison's Pantry, Mother Earth and Donovan's Chocolate), have also made the list. Stakes in publicly traded companies are valued using the share's most recent closing price. Larry Ellison, 75, was worth $59 billion on March 18. 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. She is the granddaughter of the founder of LOral. And the Walton familyheirs to Walmart founder Sam Waltonrounds out the top ten. 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. Last year, the company bought Tiffany & Co. for $16.2 billion, which could be the largest luxury brand acquisition, Forbes reported. The Forbes list of Australia's 50 richest people is a list of Australia's fifty wealthiest individuals and families, ranked by personal net worth published annually by Forbes Asia magazine. As of 2020, Amancio Ortega Gaona's net worth is $52 billion. Should you not, there are heavy penalties that will follow. Other estimates of Putin's personal fortune top $100 $200 billion. That was 58 fewer billionaires than last year and 226 fewer than at the beginning of the month, Forbes reported. our complete methodology , Design & development: After owning a small printing business, he bought the Government Printing Office in 1990, before moving to Burns Philp, Goodman Fielder and Carter Holt. By net worth (in billion U.S. dollars) as of April 2022, the wealthiest women in the world were: Francoise Bettencourt Meyers and family (France)74.8 Alice Walton (United States)65.1 Julia Koch and family (United States). 2023 FOX News Network, LLC. Gates and his wife Melinda chair the Bill & Melinda Gates Foundation, which is the largest private charitable foundation in the world, Forbes reported. These are High Wealth Individuals worth more than a million dollars. The pandemic has made the world's wealthiest far richer but has led to more people living in poverty, according to the charity Oxfam. Arnault was a great novelist. Can Nigeria's election result be overturned? Alice Walton is, of course, a Walmart heir and perennially on the list of the wealthiest people in the world. Market data provided byFactset. "The outlook for the weaker countries is still to fall further and further behind," he said. window.protag.display("protag-sidebar"); The National Business Review (NBR) estimates Hart's net worth at $11 billion, up from an estimated $10. Some are self-made, others, like the Waltons, inherited their many billions. Watch: NBR editor Maria Slade talks to The AM Show about The NBR List. According to the constitution, as the King he is the only person who can make final decisions regarding the funds in the Crown Property Bureau (CPB). A Queensland State of Origin and Australian international representative prop forward, in 2009 he broke the record for most international matches for Australia of any forward in history. He earned his fortune through his privately-held financial news and information services media company, Bloomberg LP, of which he owns an 88% stake in. Tan Sri Robert Kuok. #14. He is also a major philanthropist, donating millions of dollars to various causes each year. He represented Australia in both rugby league and rugby union, and Fiji in rugby league. Goodman family - Property (Goodman Group): $3.1 billion. He is the only son of King Bhumibol Adulyadej and Queen Sirikit. The coronavirus has hit the global economy hard -- and that includes even the richest people in the world. With a starting price of $2,250 per night, you can vacation in a billionaires paradise inFiji. 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. With an estimated net worth of $1.3 billion, he is by far the wealthiest individual in the country. He has donated over $1 billion worth of assets to his family foundation, the Carl Victor Page Memorial Fund. Other newcomers include Jonny Hendriksen, founder of video ad company Shuttlerock and brothers Chris and Stephen Harris, who sold their gaming studio Ninja Kiwi for $270 million in March. He is the richest person in Canada. The list of richest Indians by net worth based on an annual assessment of wealth and assets compiled and published by Forbes magazine. Over $890 billion has been amassed by the ten wealthiest people since March 2020. In calculating net worth . As of 2020 Larry Ellison's net worth is $54 billion. Warren Buffet, the worlds fifth wealthiest person, has a net worth of $118 billion. One of the factors behind this rise is the increase in the share price of . 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. As of 2020, Maha Vajiralongkorn has a net worth of $30.5 billion. Australia's richest person has denied she is the mysterious billionaire with $544million in their super . Among the noteworthy additions to the list is Rocket Lab founder Peter Beck. Mark Zuckerberg is an American technology entrepreneur and philanthropist, and is best known as one of the co-founders of social media giant Facebook. When her divorce became final she was immediately not just the second-largest-shareholder in Amazon, but also the third-wealthiest in the world. Despite taking a step back from the day-to-day running of Google, Page stills serves on the board. Bloomberg reporting. He rarely gives interviews and shuns the spotlight whenever possible. 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. His $62 billion fortune makes him by far the wealthiest of the politicians and wannabe politicians currently vying for the Democratic nomination. Maritino Nemani(born 25 May 1991) is a Fijian rugby union footballer. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest people. That makes him the oldest billionaire on this list. 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. While collectively their wealth grew from $700bn to $1.5tn between March 2020 and November 2021, there is significant variation between them, with Mr Musk's fortune growing by more than 1,000% . He is also the CEO of Berkshire Hathaway, a multinational conglomerate holding company that owns GEICO, Dairy Queen, and Duracell, as well as holdings in companies such as American Express, Apple, and several major US airline carriers. 4, for the first time. Julia's late husband was David Koch of Koch Brothers and Koch Industries fame. He said political leaders now had an historic opportunity to back bolder economic strategies to "change the deadly course we are on". He is the youngest billionaire on this list by more than a decade. Net Worth Leaders by Continent Eventually, he replaced founder Bill Gates as Microsoft CEO in 2000, before retiring in 2014. 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. On the day Microsoft went public in 1986, Bill's paper net worth was $350 million. She is Sam Walton's only daughter and is also the richest woman on Forbes'2020 list. As of Jan 2023, India has 166 billionaires which put the country third in the world, after the United States and China. Is It Worth Flying To Bora Bora From Chicago. For that, the Microsoft founder has consistently been at the top of the world's richest list and was only recently unseated by Bezos. His siblings Alice and Jim Walton are billionaires as well. The 15 Richest People On The Planet Right Now, These 12 Billionaires Had The Fastest Growing Fortunes Of 2019. Bruce Plested Tech and Services (Mainfreight): $1.02 billion. In total, these 30 people control $1.6 trillion in private wealth. The Petero Civoniceva Medal is awarded to the Australian Fijian rugby league player of the year. For the 10th consecutive year, Forbes has named Aliko Dangote the richest man on the continent. 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. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright . They have several children and grandchildren. #17. Talley's Group recognised among New Zealand's largest food processors. Jucy founders the Alpe family have dropped off the list. The number of journalists who have died from COVID-19 in 35 countries in four months has surpassed 186. Democratic candidate for President of the United States Michael Bloomberg makes an appearance on this list at #11. The following sections will introduce you to the other billionaires and their business strategies. At 35 years old, Mark Zuckerberg is the youngest richest person by more than a decade. The richest woman in Fiji is probably worth around $30 million. BILL GATES: UNTIL CORONAVIRUS VACCINE, WORLD WONT BE TRULY NORMAL. 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. 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 net worth reached $340 billion in November 2021, a significant achievement for a billionaire. The Forbes survey uses the value of an individual's assets, mainly property and land, minus debts, to determine what he or she "owns". According to Forbes, the worlds billionaires will reach 2,668 by 2022. According to NBR, the offer raised US$574 million, valuing Hart's controlling stake held through Rank Group at US$1.88 billion. GET FOX BUSINESS ON THE GO BY CLICKING HERE. 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. 1,444 Phillip T. (Terry) Ragon, $2.2 billion. Sergey Brin is a Russian-American computer scientist and technology entrepreneur, best known as the co-founder of Google alongside Larry Page. Most notably, Inditex owns the popular global fashion retailer Zara, as well as other brands like Massimo Dutti, Pull and Bear, Bershka, Stradivarius, and Zara Home. 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 publication time, according to Forbes' real-time wealth tracker, his wealth stands at $92.6 billion. Reliance Communications launched its 4G service across India in 2016, and the company has over 420 million subscribers. There were 2,095 billionaires on the list when it was finalized on March 18, according to the business website. There is no definitive answer to this question as it is constantly changing. Jeff Bezos has spent much of his wealth on his space travel project Blue Origin, Many girls are unlikely to return to school after the pandemic, according to Oxfam, AOC under investigation for Met Gala dress, Canadian grandma helps police snag phone scammer, The children left behind in Cuba's exodus, Mother who killed her five children euthanised. As of 2020, Carlos Slim Helu's net worth is $48 billion. February 25, 2023 E-Edition News News Nation Suva Nadi Lautoka Photo Feature Election Tourism. Bernard Arnault is a French businessman and current CEO of luxury goods conglomerate LVMH, which is made up of companies such as Louis Vuitton, Moet & Chandon, and Fendi. Adani dropped out of college after working in the diamond trade for a few years. Index. 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. 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. He represented Fiji under 20 in the 2010 IRB Junior World Championship. The other two women on the list of the 20 richest people in the world Julia Koch and Alice Walton inherited their fortunes. This year's list features 100 Kiwis and is divided into five industry groups: property, make and sell, investment, agribusiness and tech and services. The list of richest Indians by net worth based on an annual assessment of wealth and assets compiled and published by Forbes magazine. The richest family in the world, with a net worth of $224.5 billion, according to Forbes. Page owns about 6% stake in Alphabet, and controls 51% of the company's voting rights together with Brin. Bernard Arnault was worth $76 billion on March 18, according to Forbes. Carlos Slim Helu is a Mexican businessman and philanthropist, with a career largely focused on the telecommunications industry in Latin America. It should be reflecting the average before tax income of a country's citizens. Teslas stock price increased in 2021, resulting in Musks net worth rising. Even if you adjust for inflation, he'd rank around #28. He resigned as CEO of Oracle in 2014 after 37 years of service and will retire in 2022. (Photo by Michel SETBOUN/Gamma-Rapho via Getty Images). A report estimated Meyers net worth at $74.8 billion dollars, making her the worlds richest woman. The former CEO of Bloomberg LP, he left the position to pursue a political career as the Mayor of New York City, and was in office from 2002 2013. Oxfam also says that due to the fact prices have risen during the pandemic, it has adjusted for inflation using the US Consumer Price Index (CPI), which tracks how fast the cost of living is increasing over time. READ MORE Nigeria: Aliko Dangote wants to "make Africa self-sufficient". Revealed: How your wealth ranks compared to other New Zealanders, Copyright 2022 Discovery NZ Limited (Warner Bros. 2023 BBC. Zuckerberg founded social media site Facebook in 2004. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Jim Walton, 71, was the richest Walton on March 18 with a net worth of $54.6 billion. Larry's Tesla stake is worth over $1 billion. As of 2020, Steve Ballmer's net worth is $59 billion. Ragon founded InterSystems, a software company that enables hospitals and banks to analyze big data, in 1978. In 2010, he pledged with his wife Melinda Gates as part of The Giving Pledge, to donate at least half of their wealth over the course of time, to charity. Maha Vajiralongkorn is the King of Thailand, serving as monarch since 2016. 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. This was confirmed by Chief Executive Officer of the Fiji Revenue and Customs Service Visvanath Das. Jim Walton is an American businessman, and the youngest son of Walmart founder Sam Walton. As in the previous year, according to Forbes magazine's own research, the Hartono brothers still held the first position. He also has pledged to give away 99% of his net worth to charity before he dies as part of The Giving Pledge, with 83% of the money to go to the Bill and Melinda Gates Foundation. She is the third richest woman in the world and the richest woman in Europe. Bill Gates. Walton is the eldest son of the founder of Walmart, Sam Walton, and served as the chairman of the company from 1992 until 2015. As such, nearly 50% of his Tesla shares are pledged as collateral to Goldman and Morgan Stanley. His siblings Alice and Rob Walton are also beneficiaries of Walton Enterprises, and billionaires as well. Each net worth figure is updated every business day after the close of trading in New York. Fang made his fortune through a variety of businesses, including real estate, hospitality, and tourism. Forbes estimates that 2,755 billionaires will be billionaires in 2021. Amazon has been under fire for failing to pay taxes, and it has been accused of dodging taxes by its billionaire founder. His stake is valued at $7.3 billion. Of course, with the markets in flux because of the coronavirus, each billionaires net worth also fluctuates depending on the day. Julia Flesher Koch is an American businesswoman and one of the richest women in the world, despite her low public profile. The top three richest people in the world all have net worths over $100 billion. It's also expanded its ice cream business, having bought the Deep South brand from Synlait Milk in October 2020. 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. Priscilla Dickinson Graeme Hart tops NBR's list again as New Zealand's wealthiest person. and each individual billionaire profile contains a detailed analysis of how that person's fortune is tallied. June 05, 2020. Mowbray family - Make and sell (Zuru Group - toys and consumer products): $2.5 billion. Read about our approach to external linking. 334 of these individuals are business owners and the other 193 are being analysed by their annual salaries. Amancio Ortega, 84, was the wealthiest clothing retailer in the world on March 18, with a net worth of $55.1 billion, according to Forbes. The couple now operate the Bill & Melinda Gates Foundation, the largest transparent charitable foundation in the world. Together with the couples' three young children, she inherited David's 42% stake in Koch Industries. (REUTERS/Pierre Albouy). Source: Bloomberg reporting. MacKenzie Bezos made her debut as a single woman on the list of the world's richest people in 2019.
