Top 10 Richest People In Asia

Francoise Bettencourt Meyers & Family (france)

Colombia’s Alejandro Santo Domingo was the highest-ranked newcomer, inheriting a $9.5 billion stake in Santo Domingo Group from his father. India’s Lakshmi Mittal was the largest loser as his fortune dropped from $31.1 billion to $20.7 billion as the price of steelmaker ArcelorMittal fell sharply.

Who is richest woman in the world?

Alice Walton of Walmart is worth a reported $54.4 billion, making her the world’s richest woman.

Salman bin Abdulaziz Al Saud, the current king of Saudi Arabia, is worth more than a billion all on his own. But like many others on our list, the family’s wealth is spread far, wide, and away from prying eyes.

In the 25th annual Forbes list of global billionaires, Slim added $20.5 billion to his fortune, the most of anyone, and retained his number one ranking with a total fortune of $74 billion. Gates remained in second place with $56 billion, while Warren Buffett was third with $50 billion. The top 10 had a combined wealth of $406 billion, up from $342 billion in 2010. According to Forbes editor Kerry Dolan, “media and technology billionaires definitely benefited https://www.bookstime.com/ from a stronger stock market and a growing enthusiasm for all things social” since the 2010 list. However, Nigerian commodity mogul Aliko Dangote was the greatest gainer on a percentage basis as his fortune increased 557 percent to $13.5 billion. Mark Zuckerberg was one of seven Facebook-related billionaires on the list, as he added $9.5 billion to his net worth to move up to 52nd. Facebook co-founder Dustin Moskovitz was the youngest person on the list.

Jim Ratcliffe is a self-made British industrialist and the founder of Ineos Group, a London-based chemicals and gas company made up of 20 independent businesses. Keep reading below to view a complete summary of the richest people in 2020. As of 2020, Steve Ballmer’s net worth is estimated at $70.1 billion, making him the 9th richest person in the world. Today, Alice Walton’s net worth is estimated to be $64.5 billion, making her the 14th richest person in the world, and the 2nd richest woman in the world. Ma Huateng is a Chinese business magnate, investor, philanthropist, engineer, internet and technology entrepreneur.

One third of the world’s billionaires, 413, came from the United States. China had the second most billionaires with 115, while Russia was third with 101. Asia moved up to 332 billionaires, retained earnings passing Europe as a region for the first time since the 1990s. The 2011 list included 214 newcomers and the average net worth of those on it increased to $3.7 billion.

Is anyone a trillionaire?

A trillionaire is someone whose wealth is greater than one trillion dollars (or other currency). In numerals, it’s 1,000,000,000,000 and is also known as 10 to the 12th power.
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Top 10 Richest People In Asia

Before he was killed and dragged through the streets, Muammar Gadaffi was the leader of Libya. And, like so many others on our list, he was overthrown during the Arab Spring in 2011. But Gadaffi is different in that he reportedly had an unbelievable amount of wealth, tallying up to as much as $200 billion. When you’re in charge for an entire generation, you evidently can make a lot of money.

Let’s start planning today for a more enjoyable tomorrow and more empowered future. Also making headlines of late is cheese-magnate James Leprino, who’s being sued by two of his nieces in a battle involving the family business, Leprino Foods (the site of a COVID-19 outbreak back in April). They’re joined by “cable cowboy” John Malone, Dish Network’s Charlie Ergen and Fort Collins-based philanthropist Pat Stryker.

The 3rd richest French person in the world, François Pinault is close to a star here in France. Personal Finance The key to enjoying personal financial health is by making the most of the money you have. It always helps to save a little more, spend a little less, and manage what you have today. Learn how to get resourceful by recycling, and even how to make extra cash on what you don’t need.

Asia’s richest person also had very humble roots, working 16-hour days at a Hong Kong plastics company as a teenager. Yet by 22 years old, he was already operating his own plastics business and aggressively expanded into real estate, telecom, banking, hotels and other industries. Musk owns more than 18% of the company’s shares, more than three times the next-largest stockholder. So as Tesla’s stock boomed, Musk’s net worth exploded by nearly $90 billion this year, catapulting him through the middle of the pack to the top three. In January 2020, Musk’s net worth was about $32 billion, with half of that wealth composed of Tesla shares, according to Forbes and Bloomberg estimates at the time. Many people have lambasted Mackenzie Scott for not deserving her riches, though they miss a crucial point.

That’s what Gadaffi did, hiding his wealth in secret bank accounts, real estate, and corporate investments around the world. Seeing as how his family has amassed a fortune by selling off its country’s resources, engaging in cyber warfare, and using slaves, you won’t find Kim Jong Un on Forbes’ list. Though he’s far from the richest man in the world, Kim Jong Un has an estimated $5 billion at his disposal, which he likes to use to buy expensive foreign cheeses and liquors. But most of his country languishes with little food and no electricity. Ilham Aliyev only makes the equivalent of $228,000 annually, but occasional high-profile purchases within Aliyev’s family reveal much more. These type of investments are typical of high-profile politicians and athletes who need to hide money.

top 5 richest people

Click to skip ahead and see the 5 richest people in the world. He eventually founded Nongfu Spring and ran a successful ad campaign promising natural water with minerals in a bottle. Nongfu Spring expanded into soft drinks and premium water as well. It went public in September 2020, skyrocketing Zhong into being one of the wealthiest people in the world and the second-richest person in China. By taking the declining Dell company of old public, Michael Dell turned the company around and now is one of the top 30 wealthiest people in the world.

Net Worth: $52 1 Billion

A record number of 290 people joined the list for the first time, of whom 25 percent hailed from China, which produced a world-leading 71 newcomers. The United States came in second, with 57; followed by India, with 28; and Germany, with 23.

Vietnam’s Phạm Nhật Vượng was the first person from that country to be included in this list. In the 29th annual Forbes list of global billionaires, online bookkeeping a record 1,826 billionaires were named with an aggregated net worth of $7.1 trillion compared to $6.4 trillion in the previous year.

top 5 richest people

The article mentions amongst other things that from 2018 to 2019 there were 247 billionaires that dropped out of the list. This is the highest number of drop-outs since 2009 and the financial crisis. We began by researching the ‘richest person in X country,’ ‘wealthiest person in X’ and variations in French and top 5 richest people in the world Spanish, then sifted the first three pages of Google results. In all instances where articles existed that responded to the search term, there was a very clear consensus across the sources. To find a back-up source, we’d search for ‘richest person in X’ followed by the name our initial search had thrown up.

In Nigeria, the five wealthiest people have a combined fortune that outweighs the national budget, while six out of ten people live on less than $1.25 per day. This disparity can be traced between different countries, too. For example, retained earnings balance sheet Nigeria’s richest man, Aliko Dangote, has a US$8.8 billion fortune against Liberia’s Benoni Urey, who has ‘just’ $32 million. Albania’s richest person, Samir Mane, didn’t make much use of his college degree when building his fortune.

  • Had this money been going to just one heir, that person would possibly have been the richest person in the world.
  • The Walton family is of course, the owner of Walmart, which is the world’s largest retailer.
  • Forbes excluded Al-Walid bin Talal and all other Saudi billionaires due to the absence of accurate wealth estimations as a result of the 2017–19 Saudi Arabian purge.

The United States had 492 billionaires on the list, the most of any country. China had the second most billionaires with 152, while Russia was third with 111. Algeria, Lithuania, Tanzania, and Uganda were all represented on the list for the first time.

He personally owned a fifth of the wealth of an empire that accounted for about 30% of the gross domestic product of the whole world. While putting a dollar value on ancient kings might be difficult, we think we have a pretty good list of the top contenders for the richest people ever. From ancient kings to modern monopolists, here’s who we think are the top contenders. The richest Colorado billionaires have jockeyed for position over the years, occasionally winding up in different slots nationally and when it comes to state bragging rights. And according to Forbes, all five are worth less today than they were at this time in 2019.