The World's Billionaires 2014 Explained

The World's Billionaires 2014 edition was 28th annual ranking of The World's Billionaires by Forbes magazine. The list estimated the net worth of the world's richest people, excluding royalty and dictators, as of February 12, 2014. It was released online on March 3, 2014.

Annual list

Bill Gates, founder of Microsoft, added $9 billion to his fortune since 2013 and topped the 2014 billionaire list. He has topped the list 15 of the previous 20 years, but was last number one in 2009. Mexican tycoon Carlos Slim came in second place after being number one the previous four years. Zara founder Amancio Ortega placed third for the second consecutive year. American investor Warren Buffett was in the top five for the 20th consecutive year, placing fourth.[1] Oracle founder Larry Ellison rounded out the top five. America's Christy Walton was the highest ranking female, placing ninth overall.[2] Aliko Dangote of Nigeria became the first African ever to crack the top 25, with an estimated net worth of $25 billion. 24-year-old Perenna Kei, daughter of Chinese real estate developer Ji Haipeng, was the youngest person on the list. At age 99, David Rockefeller was the oldest.[3]

Among the largest gainers from the previous year's list was Facebook founder Mark Zuckerberg. A rapid rise in the price of Facebook stock saw his net worth soar from $13.3 billion in 2013 to $28.5 billion in 2014. WhatsApp co-founder Jan Koum saw his net worth rise from less than a billion to $6.8 billion. He debuted at #202 overall, while partner Brian Acton debuted at #551 with $3 billion.

A total of 1,645 people made the 2014 billionaire list, represented combined wealth of $6.4 trillion. Of those, a record 268 were newcomers, surpassing 2008's 226 newcomers. The list included 42 female newcomers. One hundred people listed in 2013 failed to make the list. The number of women on the list rose to a record 172 in 2014, up from 138 the previous year. However, only 12 of them were completely self-made without the help of parents or spouses.[4] Overall, 66% of the list was self-made, 13% achieved their wealth through inheritance alone, and 21% through a mixture of the two. The combined wealth of the top 20 rose from $714.5 billion to $838.6 billion.

The United States had 492 billionaires on the list, the most of any country. The country also had the most newcomers with 50, and women with 54. China had the second most billionaires with 152, including 37 new names. Russia was third with 111. Algeria, Lithuania, Tanzania, and Uganda were all represented on the list for the first time. Sixteen of the female billionaires came from Germany, the second most of any country. Turkey saw the most people drop off the list, 19, due to high inflation in the country.

Top 10

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
$76.0 billion 58Microsoft
& family$72.0 billion 74Telmex, América Móvil, Grupo Carso
$64.0 billion 77Inditex
$58.2 billion 83Berkshire Hathaway
$48.0 billion 70Oracle Corporation
$40.0 billion 78Koch Industries
$40.0 billion 73Koch Industries
$38.0 billion 80Las Vegas Sands
& family$36.7 billion 58–59Walmart
$34.7 billion 65Walmart
Legend
Icon Description
Has not changed from the previous year's list
Has increased from the previous year's list
Has decreased from the previous year's list

Top 100[5]

No.NameNet Worth USD billionAgeNationalitySource(s) of wealth
1Bill Gates76.0058United StatesMicrosoft
2Carlos Slim Helu & family72.0074Mexicotelecom
3Amancio Ortega64.0077Spainretail
4Warren Buffett58.2083United StatesBerkshire Hathaway
5Larry Ellison48.0069United StatesOracle Corporation
6Charles Koch40.0078United Statesdiversified
6David Koch40.0073United Statesdiversified
8Sheldon Adelson38.0080United Statescasinos
9Christy Walton & family36.7059United StatesWal-Mart
10Jim Walton34.7066United StatesWal-Mart
11Liliane Bettencourt & family34.5091FranceL'Oreal
12Stefan Persson34.4066SwedenH&M
13Alice Walton34.3064United StatesWal-Mart
14S. Robson Walton34.2070United StatesWal-Mart
15Bernard Arnault & family33.5064FranceLVMH
16Michael Bloomberg33.0072United StatesBloomberg LP
17Larry Page32.3040United StatesGoogle
18Jeff Bezos32.0050United StatesAmazon
19Sergey Brin31.8040United StatesGoogle
20Li Ka-shing31.0085Hong Kongdiversified
21Mark Zuckerberg28.5029United StatesFacebook, Inc.
22Michele Ferrero & family26.5088Italychocolates
23Karl Albrecht25.0094Germanyretail
23Aliko Dangote25.0056Nigeriacement, sugar, flour
25Carl Icahn24.5078United Statesinvestments
26George Soros23.0083United Stateshedge funds
27David Thomson & family22.6056CanadaThomson Corporation
28Lui Che Woo22.0084Hong Kongcasinos
29Dieter Schwarz21.1074Germanyretail
30Prince Al-Waleed bin Talal Alsaud20.4058Saudi Arabiainvestments
31Forrest Mars, Jr.20.0082United Statescandy
31Jacqueline Mars20.0074United Statescandy
31John Mars20.0077United Statescandy
34Jorge Paulo Lemann19.7074Brazilbeer
35Lee Shau Kee19.6086Hong Kongdiversified
36Theo Albrecht, Jr. & family19.3063GermanyAldi, Trader Joe's
36Steve Ballmer19.3057United StatesMicrosoft
38Leonardo Del Vecchio19.2078Italyeyeglasses
39Len Blavatnik18.7056United Statesdiversified
40Mukesh Ambani18.6056Indiapetrochemicals, oil & gas
40Alisher Usmanov18.6060Russiasteel, telecom, investments
42Phil Knight18.4076United StatesNike
42Michael Otto & family18.4070Germanyretail, real estate
42Masayoshi Son18.4056Japaninternet, telecom
45Tadashi Yanai & family17.9065Japanretail
46Gina Rinehart17.7060Australiamining
47Mikhail Fridman17.6049Russiaoil, banking, telecom
48Michael Dell17.5049United StatesDell
49Susanne Klatten17.4051GermanyBMW, pharmaceuticals
50Abigail Johnson17.3052United Statesmoney management
51Viktor Vekselberg17.2056Russiametals, energy
52Lakshmi Mittal16.7063Indiasteel
53Vladimir Lisin16.6057Russiasteel, transport
54Cheng Yu-tung16.2088Hong Kongdiversified
55Joseph Safra16.0075Brazilbanking
56Paul Allen15.9061United StatesMicrosoft, investments
57Leonid Mikhelson15.6058Russiagas, chemicals
58Anne Cox Chambers15.5094United Statesmedia
58Iris Fontbona & family15.5071Chilemining
58Francois Pinault & family15.5077Franceretail
61Mohammed Al Amoudi15.3067Saudi Arabiaoil, diversified
61Azim Premji15.3068Indiasoftware
61Gennady Timchenko15.3061Russiaoil & gas
64Wang Jianlin15.1059Chinareal estate
65Charles Ergen15.0061United StatesDish Network
66Stefan Quandt14.9047GermanyBMW
67German Larrea Mota Velasco & family14.7060Mexicomining
68Harold Hamm14.6068United Statesoil & gas
69Donald Bren14.4081United Statesreal estate
69Ray Dalio14.4064United Stateshedge funds
71Georg Schaeffler14.3049Germanyball bearings
72Luis Carlos Sarmiento14.2081Colombiabanking
73Serge Dassault & family14.0088Franceaviation
73Ronald Perelman14.0071United Statesleveraged buyouts
73Laurene Powell Jobs & family14.0050United StatesApple, Disney
76Vagit Alekperov13.6063RussiaLukoil
76John Fredriksen13.6069Cyprusshipping
78Rupert Murdoch & family13.5082United Statesmedia
78John Paulson13.5058United Stateshedge funds
80Ma Huateng13.4042Chinainternet media
81Gerald Cavendish Grosvenor & family13.0062United Kingdomreal estate
82Pallonji Mistry12.8084Irelandconstruction
82Johanna Quandt12.8087GermanyBMW
82Dilip Shanghvi12.8058Indiapharmaceuticals
82Jack Taylor & family12.8091United StatesEnterprise Rent-A-Car
86Thomas & Raymond Kwok & family12.60n/aHong Kongreal estate
86Vladimir Potanin12.6053Russiametals
88Rinat Akhmetov12.5047Ukrainesteel, coal
88James Simons12.5075United Stateshedge funds
90Alberto Bailleres Gonzalez & family12.4082Mexicomining
91Robin Li12.1045Chinainternet search
92Ernesto Bertarelli & family12.0048Switzerlandbiotech, investments
92Hans Rausing12.0087Swedenpackaging
94Zong Qinghou11.6068Chinabeverages
95Robert Kuok11.5090Malaysiadiversified
95David & Simon Reuben11.5071United Kingdominvestments, real estate
97Dhanin Chearavanont & family11.4074Thailandfood
97Andrey Melnichenko11.4041Russiacoal, fertilizers
97Henry Sy & family11.4089Philippinesdiversified
100German Khan11.3052Russiaoil, banking, telecom
100Ananda Krishnan11.3075Malaysiatelecom

See also

External links

Notes and References

  1. News: Forbes' richest people: number of billionaires up significantly. Elizabeth Barber. March 4, 2014. Christian Science Monitor. March 4, 2014.
  2. News: Bill Gates back on top, WhatsApp founders and more women in Forbes' billionaire rankings. Market Watch. The Wall Street Journal. March 4, 2014. Barbara Kollmeyer. March 5, 2014.
  3. News: Youngest, oldest and one who can body slam you: More on Forbes list of the ultra-rich. Leada Gore. March 4, 2014. AL.com. March 5, 2014.
  4. Web site: Forbes Rich List: Judy Faulkner Profile. . 2014-09-20.
  5. The World's Billionaires. Forbes.com. March 3, 2014