Edited by Rob LaFranco and Chase Peterson-Withorn.
F
alling stocks, wounded unicorns and rising interest rates translated into a down year for the world’s wealthiest people. Globally, we counted 2,640 ten-figure fortunes, down from 2,668 last year. Altogether, the planet’s billionaires are now worth $12.2 trillion, a drop of $500 billion from $12.7 trillion in March 2022. Nearly half the list is poorer than a year ago, including Elon Musk, who falls from No. 1 to No. 2 after his pricey acquisition of Twitter helped sink Tesla
TSLA
TSLA
shares. Bernard Arnault, head of luxury goods giant LVMH, takes his place as the world’s richest person, marking the first time a citizen of France leads the ranking. The United States still boasts the most billionaires, with 735 list members worth a collective $4.5 trillion. China (including Hong Kong and Macau) remains second, with 562 billionaires worth $2 trillion, followed by India, with 169 billionaires worth $675 billion. To calculate net worths, we used stock prices and exchange rates from March 10, 2023. See below for the full list of the world’s billionaires and our methodology. For daily updated net worths of all 2,640 billionaires, check out our real-time billionaires rankings.
Net Worth: $211 Billion
Age: 74
Country/Territory: France
Industry: Fashion & Retail
One of the world’s ultimate taste-makers, Bernard Arnault oversees an empire of 70 brands including Louis Vuitton and Sephora.
Net Worth: $180 Billion
Age: 51
Country/Territory: United States
Industry: Automotive
Elon Musk is working to revolutionize transportation both on Earth, through electric car maker Tesla — and in space, via rocket producer SpaceX.
Net Worth: $114 Billion
Age: 59
Country/Territory: United States
Industry: Technology
Jeff Bezos founded e-commerce giant Amazon in 1994 out of his garage in Seattle. He stepped down as CEO to become executive chairman in July 2021.
Net Worth: $107 Billion
Age: 78
Country/Territory: United States
Industry: Technology
Larry Ellison is chairman, chief technology officer and cofounder of software giant Oracle, of which he owns about 35%.
Net Worth: $106 Billion
Age: 92
Country/Territory: United States
Industry: Finance & Investments
Known as the “Oracle of Omaha,” Warren Buffett is one of the most successful investors of all time.
Net Worth: $104 Billion
Age: 67
Country/Territory: United States
Industry: Technology
Bill Gates turned his fortune from software firm Microsoft into a diversified fortune; his focus has shifted to zero-carbon energy investing and philanthropy.
Net Worth: $94.5 Billion
Age: 81
Country/Territory: United States
Industry: Media & Entertainment
Michael Bloomberg cofounded financial information and media company Bloomberg LP in 1981.
Net Worth: $93 Billion
Age: 83
Country/Territory: Mexico
Industry: Telecom
Mexico’s richest man, Carlos Slim Helu and his family control América Móvil, Latin America’s biggest mobile telecom firm.
Net Worth: $83.4 Billion
Age: 65
Country/Territory: India
Industry: Diversified
Mukesh Ambani chairs and runs $74 billion (revenue) Reliance Industries, which has interests in petrochemicals, oil and gas, telecom and retail.
Net Worth: $80.7 Billion
Age: 67
Country/Territory: United States
Industry: Technology
Steve Ballmer is the high-wattage former CEO of Microsoft, who led the company from 2000 to 2014.
Net Worth: $80.5 Billion
Age: 69
Country/Territory: France
Industry: Fashion & Retail
Francoise Bettencourt Meyers, the granddaughter of the founder of L’Oreal, is the richest woman in the world.
Net Worth: $79.2 Billion
Age: 49
Country/Territory: United States
Industry: Technology
Larry Page stepped down as CEO of Alphabet, the parent of Google, in December 2019 but remains a board member and a controlling shareholder.
Net Worth: $77.3 Billion
Age: 87
Country/Territory: Spain
Industry: Fashion & Retail
Amancio Ortega of Spain is one of the wealthiest clothing retailers in the world.
Net Worth: $76 Billion
Age: 49
Country/Territory: United States
Industry: Technology
Sergey Brin stepped down as president of Alphabet, parent company of Google, in December 2019 but remains a controller shareholder and a board member.
Net Worth: $68 Billion
Age: 68
Country/Territory: China
Industry: Food & Beverage
Zhong Shanshan chairs Nongfu Spring, a bottled water company, which listed its shares in Hong Kong in September 2020.
Net Worth: $64.4 Billion
Age: 38
Country/Territory: United States
Industry: Technology
Facebook, the social network Zuckerberg runs, has been an information hub during the pandemic, but has come under scrutiny for spreading vaccine misinformation.
Net Worth: $59 Billion
Age: 87
Country/Territory: United States
Industry: Diversified
Charles Koch has been chairman and CEO of Koch Industries, America’s largest private company by revenue, since 1967.
Net Worth: $59 Billion
Age: 61
Country/Territory: United States
Industry: Diversified
Julia Koch and her three children inherited a 42% stake in Koch Industries from her husband, David, who died in August 2019 at age 79.
Net Worth: $58.8 Billion
Age: 74
Country/Territory: United States
Industry: Fashion & Retail
Jim Walton is the youngest son of Walmart founder Sam Walton.
Net Worth: $57.6 Billion
Age: 78
Country/Territory: United States
Industry: Fashion & Retail
Rob Walton is the eldest son of Walmart founder Sam Walton.
Net Worth: $56.7 Billion
Age: 73
Country/Territory: United States
Industry: Fashion & Retail
Alice Walton is the only daughter of Walmart founder Sam Walton.
Net Worth: $54.4 Billion
Age: 65
Country/Territory: Canada
Industry: Media & Entertainment
David Thomson and his family control a media and publishing empire founded by his grandfather Roy Thomson.
Net Worth: $50.1 Billion
Age: 58
Country/Territory: United States
Industry: Technology
Michael Dell is the chairman and CEO of Dell Technologies, which was formed in 2016 when Dell merged with computer storage giant EMC.
Net Worth: $47.2 Billion
Age: 60
Country/Territory: India
Industry: Diversified
Infrastructure tycoon Gautam Adani controls Mundra Port, India’s largest, in his home state of Gujarat.
Net Worth: $45.1 Billion
Age: 85
Country/Territory: United States
Industry: Fashion & Retail
Phil Knight, founder of shoe giant Nike, retired as chairman in June 2016 after 52 years at the company.
Net Worth: $45 Billion
Age: 39
Country/Territory: China
Industry: Media & Entertainment
Zhang Yiming is the founder of ByteDance, one of China’s largest media content platforms; he was formerly the company’s CEO and chairman.
Net Worth: $42.9 Billion
Age: 83
Country/Territory: Germany
Industry: Fashion & Retail
Dieter Schwarz’s Schwarz Group, with revenue of over $140 billion, is comprised of the Kaufland and Lidl (rhymes with needle) discount supermarkets.
Net Worth: $40.1 Billion
Age: 86
Country/Territory: France
Industry: Fashion & Retail
François Pinault is honorary chairman of luxury group Kering, which owns fashion brands Saint Laurent, Alexander McQueen and Gucci.
Net Worth: $39.1 Billion
Age: 85
Country/Territory: Germany
Industry: Fashion & Retail
Logistics magnate Klaus-Michael Kuehne is honorary chairman of Kuehne + Nagel International AG, based in Schindellegi, Switzerland.
Net Worth: $38.9 Billion
Age: 58
Country/Territory: Italy
Industry: Food & Beverage
Giovanni Ferrero is executive chairman of his family’s namesake confections business, which posted $14 billion sales in 2021.
Net Worth: $38.3 Billion
Age: 83
Country/Territory: United States
Industry: Food & Beverage
Jacqueline Mars owns an estimated one-third of Mars, the world’s largest candymaker, founded by her grandfather.
Net Worth: $38.3 Billion
Age: 87
Country/Territory: United States
Industry: Food & Beverage
John and his siblings Jacqueline and Forrest Jr. (died July 2016) inherited stakes in the candy firm Mars when their father died in 1999.
Net Worth: $38 Billion
Age: 94
Country/Territory: Hong Kong
Industry: Diversified
Nicknamed Superman, Li Ka-shing is revered as one of the most influential businessmen in Asia.
Net Worth: $35.3 Billion
Age: 51
Country/Territory: Hong Kong
Industry: Technology
Ma Huateng (also known as Pony Ma) chairs Chinese internet giant Tencent Holdings, which ranks among the nation’s largest businesses by market cap.
Net Worth: $35 Billion
Age: 77
Country/Territory: United States
Industry: Gambling & Casinos
Miriam Adelson is the widow of Sheldon Adelson, the former CEO and chairman of casino company Las Vegas Sands, who died at 87 in January 2021.
Net Worth: $35 Billion
Age: 54
Country/Territory: United States
Industry: Finance & Investments
Ken Griffin founded and runs Citadel, a Miami-based hedge fund firm that manages roughly $59 billion in assets.
Net Worth: $34.7 Billion
Age: 30
Country/Territory: Austria
Industry: Food & Beverage
Mark Mateschitz is the only child of the late Austrian billionaire Dietrich Mateschitz, who cofounded energy drink firm Red Bull in 1987.
Net Worth: $33.4 Billion
Age: 54
Country/Territory: Hong Kong
Industry: Automotive
Zeng is the founder and chairman of Contemporary Amperex Technology (CATL), one of the world’s largest suppliers of batteries for electric vehicles.
Net Worth: $32.6 Billion
Age: 74
Country/Territory: Japan
Industry: Fashion & Retail
Tadashi Yanai built and runs Tokyo-listed retail clothing empire Fast Retailing, parent of the Uniqlo chain.
Net Worth: $32.1 Billion
Age: 65
Country/Territory: United States
Industry: Diversified
Born in Ukraine, raised north of Moscow, Len Blavatnik emigrated to the U.S. in 1978 for school; he studied computer science at Columbia University.
Net Worth: $31.6 Billion
Age: 74
Country/Territory: France
Industry: Fashion & Retail
Alain Wertheimer is the chairman of Chanel, the French luxury brand.
Net Worth: $31.6 Billion
Age: 72
Country/Territory: France
Industry: Fashion & Retail
Gerard Wertheimer and his brother Alain own French luxury brand Chanel.
Net Worth: $31.2 Billion
Age: 82
Country/Territory: Switzerland
Industry: Logistics
A captain by training, Gianluigi Aponte entered the shipping industry in 1970 with his wife Rafaela.
Net Worth: $31.2 Billion
Age: 78
Country/Territory: Switzerland
Industry: Logistics
Rafaela Aponte-Diamant and her husband Gianluigi each own a 50% stake in MSC, the world’s largest shipping line.
Net Worth: $30.2 Billion
Age: 43
Country/Territory: China
Industry: Technology
Colin Huang, who also goes by Huang Zheng, is the former chairman of online discounter Pinduoduo, one of China’s largest e-commerce sites.
Net Worth: $29.7 Billion
Age: 87
Country/Territory: Germany
Industry: Manufacturing
Reinhold Wuerth entered his father’s wholesale screw business in 1949, at age 14, as the company’s second employee and first apprentice.
Net Worth: $29.5 Billion
Age: 95
Country/Territory: Hong Kong
Industry: Real Estate
Lee Shau Kee cofounded property developer Sun Hung Kai with Kwok Tak-Seng, the late father of Hong Kong’s billionaire Kwok brothers.
Net Worth: $28.5 Billion
Age: 64
Country/Territory: United States
Industry: Finance & Investments
Yass is a cofounder of Susquehanna International Group, one of Wall Street’s largest and most successful trading firms.
Net Worth: $28.1 Billion
Age: 84
Country/Territory: United States
Industry: Finance & Investments
Jim Simons is the founder of Renaissance Technologies, an esteemed quantitative trading hedge fund firm that manages about $55 billion.
Net Worth: $27.8 Billion
Age: 76
Country/Territory: United States
Industry: Finance & Investments
The son of a dry goods store owner, Stephen Schwarzman founded private equity firm Blackstone with fellow billionaire Peter Peterson in 1985.
Net Worth: $27.4 Billion
Age: 60
Country/Territory: Germany
Industry: Automotive
Susanne Klatten owns about 19% of automaker BMW; her brother, Stefan Quandt, owns nearly 24%.
Net Worth: $27 Billion
Age: 69
Country/Territory: Australia
Industry: Metals & Mining
Australia’s richest citizen, Gina Rinehart built her wealth on iron ore.
Net Worth: $25.2 Billion
Age: 51
Country/Territory: China
Industry: Technology
William Ding is the CEO of Netease, one of the world’s largest online and mobile games businesses.
Net Worth: $26.6 Billion
Age: 69
Country/Territory: Mexico
Industry: Metals & Mining
Germán Larrea Mota Velasco owns the majority of Mexico’s largest copper mining company, Grupo México, which also has operations in Perú and the U.S.
Net Worth: $25.6 Billion
Age: 77
Country/Territory: India
Industry: Technology
Indian IT pioneer Shiv Nadar cofounded HCL in a garage in 1976 to make calculators and microprocessors.
Net Worth: $25.5 Billion
Age: 74
Country/Territory: Indonesia
Industry: Energy
Known as the coal king, Singapore-born Low Tuck Kwong is the founder of Bayan Resources, a coal mining company in Indonesia.
Net Worth: $25.3 Billion
Age: 78
Country/Territory: United States
Industry: Finance & Investments
A digital trading pioneer, Thomas Peterffy chairs Interactive Brokers, which markets its specialized trading platform to sophisticated investors.
Net Worth: $25.2 Billion
Age: 51
Country/Territory: Russia
Industry: Metals & Mining
Industrialist Andrey Melnichenko owns majority stakes in fertilizer producer Eurochem and coal energy company SUEK.
Net Worth: $24.6 Billion
Age: 56
Country/Territory: Germany
Industry: Automotive
Stefan Quandt owns 23.6% of automaker BMW; his sister, Susanne Klatten, the richest woman in Germany, owns 19.1%.
Net Worth: $24.4 Billion
Age: 52
Country/Territory: United States
Industry: Technology
MacKenzie Scott is a philanthropist, author and the ex-wife of Amazon founder Jeff Bezos, to whom she was married for 25 years. They divorced in mid 2019 and she received 25% of his Amazon stake.
Net Worth: $24.2 Billion
Age: 82
Country/Territory: Indonesia
Industry: Finance & Investments
R. Budi Hartono and his brother, Michael (whose fortune is listed separately), are the two richest people in Indonesia.
Net Worth: $23.7 Billion
Age: 62
Country/Territory: Russia
Industry: Metals & Mining
Vladimir Potanin acquired a stake in Norilsk Nickel during Russia’s privatization in 1995; today he owns just over a third of the company.
Net Worth: $23.5 Billion
Age: 58
Country/Territory: China
Industry: Technology
A former English teacher, Jack Ma cofounded Alibaba Group, one of the world’s largest e-commerce businesses.
Net Worth: $23.5 Billion
Age: 80
Country/Territory: China
Industry: Manufacturing
Entrepreneur He Xiangjian built Midea Group into one of the world’s largest appliance makers.
Net Worth: $23.1 Billion
Age: 80
Country/Territory: Chile
Industry: Metals & Mining
Iris Fontbona is the widow of Andrónico Luksic, who built a fortune in mining and beverages before dying of cancer in 2005.
Net Worth: $23.1 Billion
Age: 83
Country/Territory: Indonesia
Industry: Manufacturing
Michael “Bambang” Hartono is the second richest person in Indonesia, just after his brother R. Budi Hartono.
Net Worth: $22.9 Billion
Age: 70
Country/Territory: United Kingdom
Industry: Manufacturing
Former chemical engineer James Ratcliffe is the founder, chairman and majority owner of chemical powerhouse Ineos Group.
Net Worth: $22.6 Billion
Age: 81
Country/Territory: India
Industry: Healthcare
Son of a horse breeder, Cyrus Poonawalla founded Serum Institute of India in 1966 and built it into the world’s largest vaccine maker (by doses).
Net Worth: $22.4 Billion
Age: 65
Country/Territory: Japan
Industry: Telecom
Masayoshi Son founded and runs mobile telecom and investment giant SoftBank Group.
Net Worth: $22.1 Billion
Age: 66
Country/Territory: Russia
Industry: Metals & Mining
Vladimir Lisin is chairman of NLMK Group, a leading manufacturer of steel products.
Net Worth: $22 Billion
Age: 52
Country/Territory: France
Industry: Food & Beverage
Emmanuel Besnier is the CEO and controlling shareholder of family-held Lactalis, one of the world’s largest dairy firms with $20 billion in sales.
Net Worth: $21.6 Billion
Age: 61
Country/Territory: United States
Industry: Finance & Investments
Abigail Johnson has served as CEO of Fidelity Investments since 2014, when she took over for her father, and has been chairman since 2016.
Net Worth: $21.6 Billion
Age: 67
Country/Territory: Russia
Industry: Energy
Leonid Mikhelson is the founder and chairman of natural gas producer Novatek.
Net Worth: $21.2 Billion
Age: 36
Country/Territory: United States
Industry: Fashion & Retail
Lukas Walton is the grandson of Walmart founder Sam Walton.
Net Worth: $21.2 Billion
Age: 52
Country/Territory: China
Industry: Service
Wang Wei chairs S. F. Holding, a package delivery service known as the “FedEx of China”; it’s also called SF Express.
Net Worth: $21.1 Billion
Age: 60
Country/Territory: United States
Industry: Technology
Jensen Huang cofounded graphics-chip maker Nvidia in 1993, and has served as its CEO and president since inception.
Net Worth: $21 Billion
Age: 90
Country/Territory: United States
Industry: Fashion & Retail
Leonard Lauder spent three decades running his family’s publicly traded cosmetics giant, Estée Lauder.
Net Worth: $21 Billion
Age: 77
Country/Territory: Japan
Industry: Manufacturing
Takemitsu Takizaki is the founder of Keyence, a supplier of sensors and electronic components for factory automation systems.
Net Worth: $20.9 Billion
Age: 57
Country/Territory: Russia
Industry: Metals & Mining
Alexey Mordashov, a majority shareholder in steel company Severstal, resigned as CEO in 2015 after 19 years in the role.
Net Worth: $20.5 Billion
Age: 72
Country/Territory: Russia
Industry: Energy
A former Caspian Sea oil rig worker, Vagit Alekperov became a deputy minister overseeing the oil industry in the Soviet Union.
Net Worth: $20.2 Billion
Age: 84
Country/Territory: United States
Industry: Healthcare
Thomas Frist Jr., a former Air Force flight surgeon, founded Hospital Corp. of America with his father in 1968.
Net Worth: $19.6 Billion
Age: 61
Country/Territory: Australia
Industry: Metals & Mining
Forrest started his first mining company, Anaconda Nickel (now called Minara Resources), in 1994.
Net Worth: $19.1 Billion
Age: 73
Country/Territory: United States
Industry: Finance & Investments
Ray Dalio is the founder of the world’s biggest hedge fund firm, Bridgewater Associates, which manages $154 billion.
Net Worth: $19 Billion
Age: 59
Country/Territory: China
Industry: Automotive
Li Shufu is the chairman of Geely Automobile Holdings, one of China’s largest automakers and one of the few not controlled by the state.
Net Worth: $19 Billion
Age: 55
Country/Territory: China
Industry: Metals & Mining
Wang Wenyin is chairman of cable and copper supplier Amer International Group.
Net Worth: $18.9 Billion
Age: 72
Country/Territory: Israel
Industry: Diversified
Eyal Ofer is chairman of the Monaco-based Ofer Global, active in shipping, real estate, technology, banking and investments.
Net Worth: $18.9 Billion
Age: 57
Country/Territory: China
Industry: Food & Beverage
Qin Yinglin, chairman of China’s Muyuan Foodstuff, made his fortune as the country’s largest pig breeder in the world’s biggest pork market.
Net Worth: $18.7 Billion
Age: 57
Country/Territory: China
Industry: Automotive
Wang Chuanfu’s BYD reigns as king of China’s nascent electric vehicle market, which is the largest EV market in the world.
Net Worth: $18.5 Billion
Age: 77
Country/Territory: United States
Industry: Energy
Fracking pioneer Harold Hamm founded and chairs Continental Resources, one of the nation’s biggest independent oil companies.
Net Worth: $18.5 Billion
Age: 65
Country/Territory: United States
Industry: Finance & Investments
David Tepper, arguably the greatest hedge fund manager of his generation, has been steadily returning money to client investors in recent years.
Net Worth: $18.5 Billion
Age: 70
Country/Territory: Russia
Industry: Energy
Gennady Timchenko has stakes in various Russian businesses, including gas company Novatek and petrochemical producer Sibur Holding.
Net Worth: $18 Billion
Age: 61
Country/Territory: United States
Industry: Finance & Investments
Dan Gilbert cofounded what would become Quicken Loans, the largest mortgage lender in the U.S., in 1985 at 22 years old.
Net Worth: $17.9 Billion
Age: 72
Country/Territory: India
Industry: Metals & Mining
Lakshmi Mittal serves as chairman of $76.6 billion (revenue) ArcelorMittal, the world’s largest steel and mining company by output.
Net Worth: $17.5 Billion
Age: 66
Country/Territory: United States
Industry: Finance & Investments
Steve Cohen oversees Point72 Asset Management, a $16 billion hedge fund firm that started managing outside capital in 2018.
Net Worth: $17.5 Billion
Age: 87
Country/Territory: United States
Industry: Finance & Investments
Carl Icahn is one of Wall Street’s most successful investors and has been shaking up corporate America for decades.
Net Worth: $17.5 Billion
Age: 73
Country/Territory: India
Industry: Metals & Mining
Jindal Group, whose interests include steel, power, cement and infrastructure, is chaired by Savitri Jindal, widow of founder Om Prakash Jindal.
Net Worth: $17.4 Billion
Age: 90
Country/Territory: United States
Industry: Real Estate
Donald Bren is America’s richest real estate baron.
Net Worth: $17.4 Billion
Age: 83
Country/Territory: United States
Industry: Fashion & Retail
John Menard’s home improvement retailer Menards had an estimated $11.8 billion in 2020 revenues from more than 300 stores.
Net Worth: $17.1 Billion
Age: 92
Country/Territory: United States
Industry: Media & Entertainment
Murdoch controls a media empire that includes cable channel Fox News, The Times of London and The Wall Street Journal.
Net Worth: $16.7 Billion
Age: 93
Country/Territory: Brazil
Industry: Banking
Vicky Safra and her four adult children inherited their fortune from her late husband and their father, banker Joseph Safra, who died in December 2020.
Net Worth: $16.5 Billion
Age: 72
Country/Territory: Germany
Industry: Fashion & Retail
Theo Albrecht Jr. and the heirs of his brother, Berthold, inherited one of the world’s great retail fortunes.
Net Worth: $16.5 Billion
Age: 55
Country/Territory: Czechia
Industry: Finance & Investments
Renata Kellnerova is the widow of Petr Kellner, the former richest person in the Czech Republic, who died in March 2021 at age 56.
Net Worth: $16.3 Billion
Age: 72
Country/Territory: Singapore
Industry: Healthcare
Li is founder and chairman of Shenzhen Mindray Bio-Medical Electronics, a supplier of medical devices.
Net Worth: $16.2 Billion
Age: 75
Country/Territory: Sweden
Industry: Fashion & Retail
Stefan Persson is Sweden’s richest person by way of global cheap chic fashion retailer Hennes & Mauritz, of which he owns 36%.
Net Worth: $16.2 Billion
Age: 67
Country/Territory: United States
Industry: Technology
Eric Schmidt left the board of Google parent company Alphabet in June 2019 after 18 years; he stayed on as a technical advisor until February 2020.
Net Worth: $16 Billion
Age: 55
Country/Territory: United Kingdom
Industry: Finance & Investments
Michael Platt is the cofounder and CEO of BlueCrest Capital Management, which he started in late 2000 after nearly a decade at JP Morgan.
Net Worth: $15.9 Billion
Age: 67
Country/Territory: China
Industry: Food & Beverage
Pang Kang chairs Foshan Haitian Flavoring & Food, one of China’s biggest suppliers of soy sauce.
Net Worth: $15.8 Billion
Country/Territory: Germany
Industry: Fashion & Retail
Heir to the Aldi retail fortune, Beate Heister and Karl Albrecht Jr. are the children of Karl Albrecht Sr., who died in 2014 at age 94.
Net Worth: $15.8 Billion
Country/Territory: Germany
Industry: Fashion & Retail
Heir to the Aldi retail fortune, Beate Heister and Karl Albrecht Jr. are the children of Karl Albrecht Sr., who died in 2014 at age 94.
Net Worth: $15.8 Billion
Age: 83
Country/Territory: Brazil
Industry: Food & Beverage
Jorge Paulo Lemann started in investment banking and later became a controlling shareholder of Anheuser-Busch InBev, the world’s largest brewer.
Net Worth: $15.8 Billion
Age: 76
Country/Territory: Hong Kong
Industry: Real Estate
Peter Woo was chairman of property developer Wheelock & Co. and its main subsidiary, Wharf Holdings, before stepping down in 2015.
Net Worth: $15.6 Billion
Age: 67
Country/Territory: India
Industry: Healthcare
The son of a pharmaceuticals distributor, Dilip Shanghvi borrowed $200 from his father to start Sun Pharma in 1983 to make psychiatric drugs.
Net Worth: $15.5 Billion
Age: 45
Country/Territory: United States
Industry: Technology
Robert Pera is the founder and CEO of wireless equipment maker Ubiquiti Networks.
Net Worth: $15.5 Billion
Age: 68
Country/Territory: India
Industry: Fashion & Retail
Veteran Mumbai investor Radhakishan Damani became India’s retail king after the March 2017 IPO of his supermarket chain Avenue Supermarts.
Net Worth: $15.2 Billion
Age: 56
Country/Territory: China
Industry: Automotive
Huang Shilin is vice chairman of Contemporary Amperex Technology (CATL), one of China’s largest battery suppliers for the electric vehicle industry.
Net Worth: $14.9 Billion
Age: 83
Country/Territory: Thailand
Industry: Diversified
Dhanin Chearavanont is senior chairman of Charoen Pokphand Group, one of the world’s largest producers of animal feed and livestock.
Net Worth: $14.9 Billion
Age: 84
Country/Territory: Thailand
Industry: Diversified
A preacher’s son from a poor background, Hobby Lobby founder David Green opened his first crafts shop in 1970 with a $600 loan.
Net Worth: $14.8Billion
Age: 78
Country/Territory: Thailand
Industry: Food & Beverage
Son of a Bangkok street vendor, Charoen Sirivadhanabhakdi controls Thai Beverage, Thailand’s largest brewer, known for its Chang beer.
Net Worth: $14.7 Billion
Age: 68
Country/Territory: Netherlands
Industry: Food & Beverage
Charlene de Carvalho-Heineken is one of the richest women in the world, thanks to her 23% stake in beer giant Heineken.
Net Worth: $14.6 Billion
Age: 79
Country/Territory: Thailand
Industry: Food & Beverage
Xu Hang is cofounder and non-executive director of Mindray Medical International, a supplier of medical devices.
Net Worth: $14.5 Billion
Age: 59
Country/Territory: China
Industry: Automotive
Wei Jianjun leads China’s largest SUV manufacturer, Great Wall Motor.
Net Worth: $14.4 Billion
Age: 69
Country/Territory: Russia
Industry: Metals & Mining
An early Facebook investor and metals magnate, Alisher Usmanov was hit with U.S., U.K. and EU sanctions in the wake of Russia’s invasion of Ukraine.
Net Worth: $14.3 Billion
Age: 95
Country/Territory: Singapore
Industry: Manufacturing
Goh Cheng Liang gets the bulk of his wealth from a majority stake in Japan’s Nippon Paint Holdings, the world’s fourth-largest paint manufacturer.
Net Worth: $14.2 Billion
Age: 55
Country/Territory: India
Industry: Diversified
Commodities king Kumar Birla is the fourth generation head of the storied, $46 billion (revenue) Aditya Birla Group.
Net Worth: $14.2 Billion
Age: 64
Country/Territory: Nigeria
Industry: Manufacturing
Aliko Dangote, Africa’s richest person, founded and chairs Dangote Cement, the continent’s largest cement producer.
Net Worth: $14.1 Billion
Age: 93
Country/Territory: Hong Kong
Industry: Real Estate
Kwong Siu-hing is the widow of Sun Hung Kai Properties co-founder Kwok Tak-seng, who died in 1990.
Net Worth: $14 Billion
Age: 67
Country/Territory: Israel
Industry: Diversified
Idan Ofer is one of two sons of shipping magnate Sammy Ofer, who died in 2011 and was once Israel’s richest man.
Net Worth: $13.9 Billion
Age: 57
Country/Territory: China
Industry: Healthcare
Chen Bang chairs Aier Eye Hospital Group, China’s largest ophthalmology chain.
Net Worth: $13.9 Billion
Age: 94
Country/Territory: Hong Kong
Industry: Gambling & Casinos
Lui Che Woo chairs Macau casino operator Galaxy Entertainment Group and property developer K. Wah International Holdings, both listed in Hong Kong.
Net Worth: $13.7 Billion
Age: 78
Country/Territory: Cyprus
Industry: Logistics
Fredriksen’s empire includes oil tankers, dry bulkers, LNG carriers and deepwater drilling rigs.
Net Worth: $13.7 Billion
Age: 76
Country/Territory: United States
Industry: Construction & Engineering
Diane Hendricks chairs ABC Supply, one of the largest wholesale distributors of roofing, siding and windows in America.
Net Worth: $13.7 Billion
Age: 47
Country/Territory: United States
Industry: Technology
Jan Koum cofounded WhatsApp, now the world’s biggest mobile messaging service, in 2009.
Net Worth: $13.3 Billion
Age: 80
Country/Territory: United States
Industry: Sports
The former co-captain of University of Arkansas 1964 national championship team, Dallas Cowboys owner Jerry Jones has long had football in his blood.
Net Worth: $13.3 Billion
Age: 80
Country/Territory: United States
Industry: Energy
George Kaiser took over his family’s Kaiser-Francis Oil Company in the 1960s.
Net Worth: $13.3 Billion
Age: 71
Country/Territory: Hong Kong
Industry: Real Estate
Joseph Lau is the former chairman of property developer Chinese Estates, most of which he acquired in 1986.
Net Worth: $13.2 Billion
Age: 60
Country/Territory: China
Industry: Automotive
Wei Jianjun leads China’s largest SUV manufacturer, Great Wall Motor.
Net Worth: $13.1 Billion
Age: 90
Country/Territory: Australia
Industry: Real Estate
Triguboff is one of Australia’s richest people. Born in China to Russian parents, he came to Australia as a teenager.
Net Worth: $12.9 Billion
Age: 64
Country/Territory: India
Industry: Finance & Investments
Spurning his family’s trading business, Uday Kotak started a finance firm in 1985 then went on convert it into a bank in 2003.
Net Worth: $12.9 Billion
Age: 75
Country/Territory: United States
Industry: Sports
Stan Kroenke is a real estate and sports mogul with an international portfolio.
Net Worth: $12.6 Billion
Age: 58
Country/Territory: Russia
Industry: Energy
Together with college buddies and fellow billionaires German Khan and Alexei Kuzmichev, Mikhal Fridman controls Alfa Group and LetterOne.
Net Worth: $12.3 Billion
Age: 57
Country/Territory: Thailand
Industry: Energy
Sarath Ratanavadi is the CEO of Gulf Energy Development, one of Thailand’s largest power producers.
Net Worth: $12.2 Billion
Age: 50
Country/Territory: China
Industry: Metals & Mining
Dang Yanbao chairs Ningxia Baofeng Energy Group, a supplier of coal chemical products.
Net Worth: $12.2 Billion
Age: 69
Country/Territory: China
Industry: Healthcare
Jiang Rensheng chairs Shenzhen-listed vaccine firm Chongqing ZFSW Biological Products, known as Zhifei.
Net Worth: $12.1 Billion
Age: 70
Country/Territory: China
Industry: Automotive
An engineer by trade, Shahid Khan bought auto parts supplier Flex-N-Gate from his former employer in 1980.
Net Worth: $12 Billion
Age: 59
Country/Territory: United States
Industry: Technology
Laurene Powell Jobs inherited billions of dollars of stock in Apple and Disney from her late husband, Apple cofounder Steve Jobs, who died in 2011.
Net Worth: $11.8 Billion
Age: 99
Country/Territory: Malaysia
Industry: Diversified
Robert Kuok is the richest man in Malaysia. He owns Kuok group, which has interests in hotels, real estate and commodities.
Net Worth: $11.6 Billion
Age: 82
Country/Territory: United States
Industry: Real Estate
Stephen Ross was a tax attorney before founding Related Companies in 1972 as an affordable housing developer.
Net Worth: $11.5 Billion
Age: 38
Country/Territory: Russia
Industry: Technology
Pavel Durov is the founder and owner of messaging app Telegram, which has more than 600 million users worldwide.
Net Worth: $11.5 Billion
Age: 73
Country/Territory: Germany
Industry: Healthcare
Andreas Struengmann and twin brother Thomas were early backers of BioNTech, which partnered with Pfizer to make a vaccine for Covid-19.
Net Worth: $11.5 Billion
Age: 73
Country/Territory: Germany
Industry: Healthcare
Thomas Struengmann and twin brother Andreas were early backers of German firm BioNTech, which partnered with Pfizer to make a vaccine for Covid-19.
Net Worth: $11.4 Billion
Age: 59
Country/Territory: China
Industry: Food & Beverage
Liu Hanyuan leads China’s Tongwei Group, one of the world’s largest in two different industries — aquafeed and new energy.
Net Worth: $11.4 Billion
Age: 50
Country/Territory: United States
Industry: Fashion & Retail
Michael Rubin is the founder and CEO of online sports merchandising retailer Fanatics.
Net Worth: $11.3 Billion
Age: 74
Country/Territory: United States
Industry: Finance & Investments
Israel Englander founded Millennium Management in 1989 with $35 million. Now, the hedge fund firm manages nearly $53 billion.
Net Worth: $11.3 Billion
Age: 69
Country/Territory: Russia
Industry: Manufacturing
Viatcheslav Kantor is a large shareholder of publicly traded Acron, one of Russia’s largest fertilizer producers.
Net Worth: $11.3 Billion
Age: 62
Country/Territory: Australia
Industry: Manufacturing
Pratt is the executive chairman of Australia’s biggest private company, Visy Asia-Pacific, a packaging and recycling business.
Net Worth: $11.3 Billion
Age: 57
Country/Territory: Russia
Industry: Energy
Together with college buddies and fellow billionaires German Khan and Alexei Kuzmichev, Mikhal Fridman controls Alfa Group and LetterOne.
Net Worth: $11.1 Billion
Age: 88
Country/Territory: Italy
Industry: Fashion & Retail
A living legend in the fashion world, Giorgio Armani brought softened, minimalist style to high-end menswear.
Net Worth: $11.1 Billion
Age: 72
Country/Territory: South Africa
Industry: Fashion & Retail
Johann Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont.
Net Worth: $11 Billion
Age: 58
Country/Territory: Hong Kong
Industry: Finance & Investments
Investor Gong Hongjia’s fortune mainly comes from his stake in Hangzhou Hikvision Digital Technologies, a supplier of surveillance products.
Net Worth: $11 Billion
Age: 51
Country/Territory: China
Industry: Technology
Zhang Zhidong is also known as Tony Zhang.
Net Worth: $10.9 Billion
Age: 83
Country/Territory: United States
Industry: Finance & Investments
Over five decades, Philip Anschutz has built fortunes in oil, railroads, telecom, real estate and entertainment.
Net Worth: $10.9 Billion
Age: 85
Country/Territory: United States
Industry: Fashion & Retail
Tom and Judy Love are the founders of convenience store chain Love’s Travel Stops & Country Stores.
Net Worth: $10.9 Billion
Age: 67
Country/Territory: Mexico
Industry: Fashion & Retail
Ricardo Salinas Pliego runs the number two Mexican TV broadcaster, TV Azteca, and retailer Grupo Elektra.
Net Worth: $10.7 Billion
Age: 93
Country/Territory: United States
Industry: Media & Entertainment
Donald Newhouse and his late brother, Samuel “Si” inherited the publishing and broadcasting empire Advance Publications decades ago.
Net Worth: $10.6 Billion
Age: 81
Country/Territory: United States
Industry: Sports
Robert Kraft bought the New England Patriots for $172 million in 1994; the team is now worth about $6 billion and has won six Super Bowl rings.
Net Worth: $10.6 Billion
Age: 73
Country/Territory: Brazil
Industry: Food & Beverage
Marcel Hermann Telles is one of the controlling shareholders of Anheuser-Busch InBev, the world’s largest brewer, of which he owns a minority stake.
Net Worth: $10.5 Billion
Age: 57
Country/Territory: Russia
Industry: Finance & Investments
A native of Dagestan, Kerimov has represented the republic in Russia’s Federation Council since 2008. He was sanctioned by the U.S. in 2018. The EU and UK sanctioned him in March 2022.
Net Worth: $10.5 Billion
Age: 39
Country/Territory: China
Industry: Fashion & Retail
Chris Xu founded Shein in 2012 and has turned it into a fast-fashion phenomenon with Gen Z, selling trendy clothes in more than 150 countries.
Net Worth: $10.5 Billion
Age: 45
Country/Territory: Canada
Industry: Finance & Investments
Changpeng Zhao, who goes by CZ, is the founder and CEO of Binance, the largest cryptocurrency exchange in the world.
Net Worth: $10.3 Billion
Age: 70
Country/Territory: United States
Industry: Finance & Investments
Andrew Beal is the founder and owner of Beal Financial Corporation, which owns Beal Bank and has assets of more than $8 billion.
Net Worth: $10.2 Billion
Age: 43
Country/Territory: Australia
Industry: Technology
Mike Cannon-Brookes is cofounder of collaboration software firm Atlassian, based in Sydney.
Net Worth: $10.2 Billion
Age: 60
Country/Territory: United States
Industry: Healthcare
Carl Cook took over as CEO of his parents’ medical device manufacturer, Cook Group, when his father Bill died in 2011.
Net Worth: $10.2 Billion
Age: 82
Country/Territory: United States
Industry: Technology
David Duffield cofounded not just one, but two successful enterprise software companies after age 40: PeopleSoft and Workday.
Net Worth: $10.2 Billion
Age: 64
Country/Territory: United States
Industry: Energy
Jeffrey Hildebrand cofounded Hilcorp in 1990; he later bought out his partner for $500 million.
Net Worth: $10.2 Billion
Age: 74
Country/Territory: Russia
Industry: Manufacturing
Viktor Rashnikov is the majority owner of Magnitogorsk Iron & Steel Works (MMK).
Net Worth: $10.2 Billion
Age: 41
Country/Territory: Brazil
Industry: Technology
Eduardo Saverin cofounded Facebook with Harvard classmate Mark Zuckerberg in 2004.
Net Worth: $10.2 Billion
Age: 58
Country/Territory: Germany
Industry: Automotive
Georg Schaeffler and his mother, Maria-Elisabeth, own Schaeffler Group, one of the world’s largest producers of ball bearings and machine components.
#171 | Christy Walton
Net Worth: $10.2 Billion
Age: 74
Country/Territory: United States
Industry: Fashion & Retail
Christy Walton married into what is now the richest family in the world: Walmart’s Walton clan.
Net Worth: $10.1 Billion
Age: 43
Country/Territory: Australia
Industry: Technology
Scott Farquhar is cofounder of collaboration software company Atlassian, based in Sydney, Australia.
Net Worth: $10.1 Billion
Age: 81
Country/Territory: Malaysia
Industry: Diversified
Quek Leng Chan is the executive chairman of privately held Hong Leong Co. (Malaysia), which has interests in finance, food and property.
Net Worth: $10.1 Billion
Age: 59
Country/Territory: China
Industry: Real Estate
Wu Yajun is cofounder and chairperson of Hong Kong-listed real estate developer Longfor Properties.
Net Worth: $10 Billion
Age: 85
Country/Territory: United States
Industry: Energy
Oil tycoon Autry Stephens started a sole proprietor business in Texas and drilled his first well in 1979.
Net Worth: $9.9 Billion
Age: 74
Country/Territory: China
Industry: Service
Liu Yongxing chairs East Hope Group, whose business interests include heavy industry, agriculture and real estate.
Net Worth: $9.8 Billion
Age: 74
Country/Territory: Cyprus
Industry: Diversified
Vinod Adani is the older brother of Gautam Adani, who was at one point, the world’s third richest person.
Net Worth: $9.8 Billion
Age: 80
Country/Territory: France
Industry: France
Nicolas Puech is a fifth-generation descendant of Thierry Herm’s, who founded one of Paris’s most famous luxury fashion brands.
Net Worth: $9.8 Billion
Age: 51
Country/Territory: France
Industry: Logistics
Jacques Saadé, Jr. is the son of late shipping magnate Jacques Saade, who died in 2018.
Net Worth: $9.8 Billion
Age: 53
Country/Territory: France
Industry: Logistics
Rodolphe Saadé is the son of late shipping magnate Jacques Saade, who died in 2018.
Net Worth: $9.8 Billion
Age: 55
Country/Territory: France
Industry: Logistics
Rodolphe Saadé is the son of late shipping magnate Jacques Saade, who died in 2018.
Net Worth: $9.8 Billion
Age: 75
Country/Territory: Sweden
Industry: Finance & Investments
Melker Schörling laid the foundation for his wealth when he accepted the CEO role of troubled security-giant Securitas in 1987.
Net Worth: $9.7 Billion
Age: 63
Country/Territory: Russia
Industry: Manufacturing
Andrei Guriev and his family own almost 50% of PhosAgro, one of the world’s largest producers of phosphate-based fertilizers.
Net Worth: $9.7 Billion
Age: 59
Country/Territory: United States
Industry: Finance & Investments
Michael Kim cofounded MBK Partners, the Seoul-based private equity firm that bears his initials and manages more than $26 billion in assets.
Net Worth: $9.7 Billion
Age: 53
Country/Territory: China
Industry: Technology
Lei Jun is the cofounder and chairman of Xiaomi, one of the world’s most popular smartphone brands.
Net Worth: $9.7 Billion
Age: 76
Country/Territory: Germany
Industry: Manufacturing
Friedhelm Loh’s group of companies provides software, products and services to industries including switchgear manufacturing and utilities.
Net Worth: $9.7 Billion
Age: 64
Country/Territory: China
Industry: Healthcare
Sun Piaoyang turned formerly state-led Jiangsu Hengrui Medicine into one of China’s largest producers of anti-infection and tumor-treating medicines.
Net Worth: $9.6 Billion
Age: 70
Country/Territory: United States
Industry: Technology
Rick Cohen is owner and executive chairman of C&S Wholesale Grocers, the nation’s largest grocery wholesaler with $25 billion in revenue.
Net Worth: $9.6 Billion
Age: 70
Country/Territory: China
Industry: Energy
Jin Baofang is chairman and CEO of JA Solar, a supplier of solar power products.
Net Worth: $9.6 Billion
Age: 67
Country/Territory: China
Industry: Manufacturing
Luo Liguo chairs Hoshine Silicon Industry, a supplier of silicon metals used in electronics, photovoltaic, and chemical products.
Net Worth: $9.6 Billion
Age: 58
Country/Territory: United States
Industry: Food & Beverage
Marijke Mars and her three sisters are heirs to the family’s giant candy and pet food company, Mars, Incorporated.
Net Worth: $9.6 Billion
Age: 62
Country/Territory: United States
Industry: Food & Beverage
Pamela Mars is an heir to her family’s candy and pet food fortune.
Net Worth: $9.6 Billion
Age: 64
Country/Territory: United States
Industry: Food & Beverage
Valerie Mars and her three sisters each inherited an estimated 8% stake in candymaker Mars when their father, Forrest Mars Jr., died in 2016.
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