He has not only the worlds second-largest wealth, but he is also the richest black man in the world. Gates, of course, helped fuel the fire that was the personal computer revolution of the 1980s by writing the code that makes our PCs work. Bezos, of course, revolutionized the way we shop by founding Amazon. Siblings Nick, Ana and Matt run toy and consumer product maker Zuru Group, ranking fourth on The NBR List. by Sean Arnett | Jan 10, 2023 | South Pacific Islands. These are High Wealth Individuals worth more than a million dollars. As of this writing, Sergey Brin's net worth is $57 billion. FAQ - New Privacy Policy. 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. Members of the Walton family are pictured in 2018. Jim Walton - U.S. Jim Walton, 71, was the richest . John Mars is an American businessman based in Wyoming. Larry Ellison, 75, was worth $59 billion on March 18. The other two women on the list of the 20 richest people in the world Julia Koch and Alice Walton inherited their fortunes. The whole milk powder exporter reported revenue of NZ$1.6 billion in the 2020 financial year. 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. Unfortuantely, no billionaire has been hit harder by the ups and downs of 2020 than Bernard Arnault. At 89 years old, Warren Buffett is the oldest richest person by 5 years. As of this writing, Larry Page's net worth is $59 billion. His vast wealth is derived from his massive stake in Christian Dior SE, the holding company in which he owns 41.2% of LVMH. As of 2020, Mukesh Ambani's net worth is $42 billion. The list of richest Indians by net worth based on an annual assessment of wealth and assets compiled and published by Forbes magazine. He took Oracle public on March 12, 1986, one day before rival Bill Gates took Microsoft public. Stunningly, just seven months later his fortune swelled to $150 billion. #20. Oxfam typically releases a report on global inequality at the start of the World Economic Forum meeting in Davos. His father had developed a successful business empire, which was split between Ambani and his brother Anil Ambani after his death in 2002. The charity said the incomes of 99% of the world's population had reduced from March 2020 to October . The number of billionaires on Forbes' 35th annual list of the world's wealthiest exploded to an unprecedented 2,755 660 more than a year ago. Among the noteworthy additions to the list is Rocket Lab founder Peter Beck. With the Chinese flights is probably because they dont understand English., He said that he would love to get this done very soon but they are still waiting for the approval for relevant authorities, Feedback: selita.bolanavanua@fijisun.com.fj. It's also expanded its ice cream business, having bought the Deep South brand from Synlait Milk in October 2020. He is 89 years old. During this period, as Microsoft stock struggled, Bill Gates' fortune fluctuated between $50 billion and $60 billion. A multi-billionaire may be able to reduce their reported income by taking advantage of a variety of tax breaks. He said political leaders now had an historic opportunity to back bolder economic strategies to "change the deadly course we are on". 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. "What used to happen is the property guys used to really dominate because they are just so wealthy, so there's quite a lot of property people who haven't made it," Slade explained. 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. His annual salary as the President is officially disclosed as $187,000 (5.8 million rubles), and he and his wife claim a total net worth of less than $500,000. 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. As at 16 August 2021, he had an estimated fortune of $12.3bn, an increase of $4bn from April 2020. The table below lists India's richest people as per their net worth published by the Forbes (2023). Forbes estimates that 2,755 billionaires will be billionaires in 2021. That makes him the oldest billionaire on this list. The video titled "Top 10 Richest Person of Pakistan" is a comprehensive guide to the wealthiest individuals in Pakistan. The richest person in Fiji is undoubtedly local business magnate, Harry Fang. 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. Following are The NBR List's top 10 wealth creators for 2021, including the industry they're in and estimated net worth. 1,444 Phillip T. (Terry) Ragon, $2.2 billion. The richest woman in Fiji is probably worth around $30 million. 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. Larry's Tesla stake is worth over $1 billion. Arnault is the CEO of luxury goods company LVMH, which includes Louis Vuitton and Sephora brands. #14. After a decade of private ownership, in January 2020, Hart took most of the Reynolds packaging group public. The Petero Civoniceva Medal is awarded to the Australian Fijian rugby league player of the year. 2018-2023 Topmost10.com. Elon Musk, the CEO of Tesla and SpaceX, recently purchased Twitter, a social media network. Alice Walton, his sister, is No. Adani dropped out of college after working in the diamond trade for a few years. MacKenzie Bezos is an American novelist, best known for being the former wife of Amazon founder Jeff Bezos. She is also the published author of two books, "The Greek Gods" and "A Look at the Bible.". MacKenzie Bezos - $44 billion. Bill Gates. As of Jan 2023, India has 166 billionaires which put the country third in the world, after the United States and China. The BBC is not responsible for the content of external sites. 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.". 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. All Rights Reserved. Alibaba Group has six active subsidiaries: Alibaba.com, Tmall.com, eTao, Alibaba Cloud Computing, Taobao Marketplace, and Yahoo! Market data provided byFactset. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright . Oxfam is also calling for the intellectual property rights on Covid-19 vaccines to be waived to enable wider production and faster distribution. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest For a decade he was consistently in the top 5. There is no definitive answer to this question as it is constantly changing. Jack Ma is a Chinese internet entrepreneur and businessman, best known as the founder and former CEO of Alibaba Group. 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. Larry Ellison is an American entrepreneur, and the co-founder and former CEO of software giant Oracle. She is the third richest woman in the world and the richest woman in Europe. He represented Fiji under 20 in the 2010 IRB Junior World Championship. To put that into perspective, that's more than the entire economic output of Sweden, Turkey, or Saudi Arabia. He usually played as a winger in both codes. Mark Zuckerberg, 35, was worth $54.7 billion on March 18. Maritino Nemani(born 25 May 1991) is a Fijian rugby union footballer. (Photo by Dimitrios Kambouris/Getty Images). In calculating net worth . His net worth reached $340 billion in November 2021, a significant achievement for a billionaire. 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. liquid investments and liabilities. As of March 15, 2020, Mark Zuckerberg's net worth is $65 billion. LVMH chairman and CEO Bernard Arnault is No. "This year, what's happening is off the scale," he said. After graduating from law school, he worked for Conner & Winners, the law firm that represented Walmart. #17. 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. His family is considered the richest in Canada. 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. Jeff Bezos is an American philanthropist, businessman and investor who is best known for being the founder and CEO of Amazon. 4, for the first time. For that, the Microsoft founder has consistently been at the top of the world's richest list and was only recently unseated by Bezos. These tycoons, royals and heirs control a stunning amount of wealth. As of 2020 Larry Ellison's net worth is $54 billion. 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). Amazon founder Jeff Bezos is the worlds wealthiest person for the third year in a row, worth $113 billion. The family reportedly supports a number of charities, including Starship, Unicef, the Salvation Army, Kids Can and Foodbank, along with various causes in China. Sign up here. Koch Industries was founded by his parents Mary and Fred Koch, as an engineering company specializing in oil-refining and other oil processes. Video - Newshub; Image - Instagram/GraemeHart, Getty. 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. 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. He also runs Berkshire Hathaway, which owns more than 60 companies. $106B. Furthermore, it demonstrates the growing wealth and luxury lifestyles enjoyed by the countrys wealthiest individuals. 334 of these individuals are business owners and the other 193 are being analysed by their annual salaries. She is Sam Walton's only daughter and is also the richest woman on Forbes' 2020 list. Arnault was a great novelist. Discovery) - All Rights Reserved, By subscribing you agree to our Terms of Access and Privacy Policy. A takeover of Singapore's Olam International earlier this year saw Talley's increase its share of Open Country Dairy to around 92 percent. Mr Das said this was certainly due to communication barriers. Bezos net worth is more than $100 billion, making him the richest person in the world since Bill Gates. But we digress! This has led to some speculation about his true net worth, but there is no doubt that he is the richest person in Fiji. Compare asset breakdowns of the fortunes on the Bloomberg Billionaires Buffett is one of the most successful investors of all time, according to Forbes. She's in ninth place with $54.4 billion. The company produces several popular candy bars including Snickers, Twix, and Milky Way. Bernard Arnault (Photo by Pascal Le Segretain/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. Sergey Brin was born in Moscow, Russia, and grew up in the United States with his family as a child. The world's richest woman continues to be Walmart heir Alice Walton. Interestingly, Dewji served as a Member of Parliament for the country's ruling party for a decade until 2015. As of this writing, Michael Bloomberg's net worth is $60 billion. Carlos Slim Helu is a Mexican businessman and philanthropist, with a career largely focused on the telecommunications industry in Latin America. This year's list features 100 Kiwis and is divided into five industry groups: property, make and sell, investment, agribusiness and tech and services. He is a very busy man, involved in many projects in a variety of roles: he is the founder, CEO, and chief engineer/designer for space exploration company SpaceX, and the co-founder, CEO, and product architect for Tesla Motors, just to name a few. He is the richest person in Mexico. Mr Das said these are the declared incomes that are being recorded with FRCS. Mukesh Ambani is the chairman and managing director of Reliance Industries, one of the worlds largest corporations, with a market value of over $1 trillion. For comparison, 30 years ago, the richest man in the world was Japanese business executive named Yoshiaki Tsutsumi. The number of journalists who have died from COVID-19 in 35 countries in four months has surpassed 186. As of 2011, he has taken a step down from the day to day operations of Inditex. However, many experts believe that Putin has levered his political power to acquire secret ownership in several large firms, such as a 4.5% ownership stake in natural gas producer Gazprom, a 37% stake in oil company Surgutneftegas, and 50% stake in Swiss oil-trader Gunvor. For the fourth year in a row, the Walton family has the worlds largest family wealth. This material may not be published, broadcast, rewritten, or redistributed. He said that the income declaration record and analysis for the construction industries are not good. Fang made his fortune through a variety of businesses, including real estate, hospitality, and tourism. And remember you can be a Bulanaire too, it's a mindset. Collective net worth of Malaysia's richest rebound 14% yoy Ranking Name Net worth (US$, billion) 1 Tan Sri Robert Kuok 12.2 2 Tan Sri Quek Leng Chan 9.6 6 Datuk Lee Yeow Chor & Lee Yeow Seng 4.9 9 Tan Sri Chen Lip Keong 3.4 Contents1 Who is the richest person [] According to NBR, the offer raised US$574 million, valuing Hart's controlling stake held through Rank Group at US$1.88 billion. She holds a degree in anthropology from Bryn Mawr College, and has been married twice. 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. The top three richest people in the world all have net worths over $100 billion. He was worth $98 billion on March 18, according to Forbes. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest people. 2023 Celebrity Net Worth / All Rights Reserved. As of 2020, Amancio Ortega Gaona's net worth is $52 billion. Earlier this month the president of the World Bank, David Malpass, voiced his concerns over widening global inequality, arguing the impact of inflation and measures to tackle it were likely to cause more damage to poorer countries. What originally started as a simple online bookstore, Amazon has since expanded into a massive global retailer and household name. There is no definitive answer to this question as it is difficult to accurately estimate the number of millionaires in Fiji. 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. If Oxfam had measured from just before the pandemic began, the growth would have been less pronounced. The 20 richest people in the world have a combined net worth of $1.3 TRILLION. 2023 FOX News Network, LLC. He is notorious for being reclusive and privatehis feature in Forbes magazine's annual profile of the richest people in the world doesn't even include a photo of him! 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. Sir Michael Friedlander - Property (Samson Corporation, Sterling Nominees): $2 billion. Bernard Arnault $1.1 B Tadashi Yanai $825 M Li Shufu - $410 M German Khan - $439 M Sergey Lomakin - $443 M Artem Khachatryan - $612 M Zhong Shanshan - $643 M Mikhail Fridman THE REAL-TIME. Christian Dior in turn is a 41% owner in LVMH, and the Arnault family also have a 5.7% direct stake in LVMH as well. Forbes places his net worth at TSH. 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. (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 . Warren Buffet, the worlds fifth wealthiest person, has a net worth of $118 billion. The 10 Richest People in the World. Fang made his fortune through a variety of businesses, including real estate, hospitality, and tourism. Get all the latest news on coronavirus and more delivered daily to your inbox. All 2,095 billionaires are worth about $8 trillion, which is $700 billion less than they did in 2019, according to Forbes. 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. The list provides a short summary on some of the known business activities of the individuals and families, together with commentary on how their ranking has changed from the previous year, if listed. Charles Koch is an American businessman and philanthropist, best known as the co-owner and CEO of Koch Industries. 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. That makes her the fifth-richest woman in the world. However, it is safe to say that there are at least a few hundred millionaires living in Fiji. Top 10 Richest Person on Earth 1. Berkshire Hathaways Warren Buffettwho was the richest person in the world for many yearsdropped from the top three, to No. Submit a correction suggestion and help us fix it! Bill Gates and Melinda French Gates filed for divorce on August 2, 2021. There are 527 millionaires in Fiji. LVMH Chairman and CEO Bernard Arnault added $7 billion to his wealth Monday, as European stocks and luxury companies soared on the back of the Covid-19 vaccine news from Pfizer. The 20 richest people in the world have fortunes that range from $44 billion to $126 billion. (REUTERS/Pierre Albouy). They have several children and grandchildren. Todd family- Investment (Todd Corporation - energy, Todd Digital): $4.3 billion. February 25, 2023 E-Edition News News Nation Suva Nadi Lautoka Photo Feature Election Tourism. However, some estimates place Jeff Bezos, the founder and CEO of Amazon, as the richest person in the world with a net worth of over $100 billion. Alice Walton, 70, was worth $54.4 billion on March 18. She was married to businessman and co-owner of Koch Industries, David Koch, from 1996 until his passing in August 2019. After the market turmoil due to the Coronavirus pandemic, his net worth dropped by nearly $20 billion. Despite his immense wealth, Fang remains a relatively low-profile figure. Chief Executive Officer for Fiji Revenue and Customs Service Visvanath Das. #5. Having left Mt Roskill Grammar school on his 15th birthday, Hart worked as a tow truck driver and panel beater before starting his first business at age 18, the NBR reports. Talking to The AM Show on Monday, NBR list editor Maria Slade said in the wake of COVID-19 the list had a few changes. As of March 2020, Elon Musk's net worth is $33 billion. Mowbray family - Make and sell (Zuru Group - toys and consumer products): $2.5 billion. Forbes counted 2,095 billionaires for 2020, collectively worth $8 trillion. 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. Bettencourt-Meyers currently serves on L'Oreal's Board of Directors, and as chairwoman of the family's holding company, Tthys. Some of the factors that contribute to the rise in the net worth of women worldwide include an increase in wealth, a rise in the value of investments, and a reduction in inequality. $116B. She instantly became the richest woman in the world in April 2019. 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. Other notable achievements by Kiwis among the top 10 on The NBR List for 2021 are below. Between January 1st and March 15, 2020, Bernard's fortune plummeted by more than $30 billion. His stake is valued at $7.3 billion. In total, he spent $676 million on his entirely self-funded campaign. Since declaring his intention in 2006 to give away 99% of his wealth, he has so far given away $45 million. Franoise Bettencourt-Meyers is a French author and heiress, and one of the richest women on the planet. In the aftermath of the dotcom bubble explosion, Jeff's fortune sank to an all-time low of $1.5 billion. The National Business Review (NBR) estimates Hart's net worth at $11 billion, up from an estimated $10 billion in 2019. Exactly one year later his fortune surged to $10 billion. For a brief period at the height of the dotcom bubble in 1999, Bill's net worth topped $100 billion. 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. This is the closest year even though we are already in 2021. The bare minimum amount of money needed today to rank as one of the 30 wealthiest people in the world is $30 billion. window.protag.cmd.push(function () { There are 527 millionaires in Fiji. The coronavirus has hit the global economy hard -- and that includes even the richest people in the world. MacKenzie also joined the Giving Pledge soon after her divorce was final, something her ex has failed to do, despite his obscene wealth. Alice Walton - $50 billion. 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. Michael Bloomberg is an American politician and entrepreneur. See the complete ranking of the worlds billionaires for 2020. Jeff Bezos, Bill Gates, and Bernard Arnault are the only three members of the over $100 billion club. 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. 3 on the list, with $76 billion. 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. Additionally, he holds 66% of Pro Global Insurance Solutions, 25% of Groupe Fnac, and owns an extensive art collection with over 2,000 pieces. Bernard Arnault, 71, and his family were worth $76 billion on March 18. Latest Headlines Escape Destinations Holiday Types Qantas BA New Zealand Fiji Indonesia . Currently, Mo is the CEO of Mohammed Enterprises Tanzania Limited (MeTL), the largest homegrown firm in the country. Priscilla Dickinson Graeme Hart tops NBR's list again as New Zealand's wealthiest person. He is 35 years old. He is the richest person in Canada. Francoise Bettencourt Meyers $54 billion, 2023 Celebrity Net Worth / All Rights Reserved. Protesters burned their face masks during a demonstration against the first COVID-19 vaccine trial in Africa. [3] Savitri Jindal is currently India's richest woman topping the list at 7th position. It should be reflecting the average before tax income of a country's citizens. 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. In the second IPO in September, Reynolds aimed to raise US$800 million ($1.2 billion) to repay $1.385 billion of debt. Mr Das is urging the public to please come on board and comply. He represented Australia in both rugby league and rugby union, and Fiji in rugby league. Despite taking a step back from the day-to-day running of Google, Page stills serves on the board.