Hurun Global Rich List 2016

作者:胡润百富
来源:Hurun Institute
编辑:胡润百富
网站编辑:胡润百富
时间:2016-02-24

(24 February 2016, Beijing, China) Hurun Report today released the Hurun Global Rich List 2016, a ranking of the US dollar billionaires currently found in the world. Wealth calculations are a snapshot of 15 January 2016.  This is the fifth year of the ranking.

DESPITE GLOBAL SLOWDOWN, 2188 BILLIONAIRES IN WORLD, UP 99 TO NEW RECORD

CHINESE BILLIONAIRES OVERTAKE USA, 568 TO 535, INDIA RETAINS TOP 3

JEFF BEZOS, 52, OF AMAZON STORMS UP 18 PLACES TO 4TH WITH US$53BN UP 24BN YOY

US PRESIDENTIAL HOPEFULS DONALD TRUMP AND MICHAEL BLOOMBERG UP US$5BN AND US$16BN TO US$6.5BN AND US$37BN. BLOOMBERG BREAKS INTO TOP 10.

BILL GATES AND WARREN BUFFETT ONE AND TWO IN WORLD, WEALTH DOWN 6% AND 11% TO US$80BN AND US68BN

CARLOS SLIM HELU LOSES US$33BN AND TOP 3 SPOT

BEIJING REPLACES NEW YORK TO BECOME THE BILLIONAIRE CAPITAL OF THE WORLD FOR FIRST TIME

LEADING AUTHORITY ON CHINA AND INDIA’S WEALTHY RELEASES HURUN GLOBAL RICH LIST 2016

  • WORLD’S BILLIONAIRES GREW BY 99 TO 2188 INDIVIDUALS, NEW WORLD RECORD. 50% MORE THAN 2013.
  • GOING UP: 1019 SAW WEALTH INCREASE + 311 NEW FACES. GOING DOWN: 729 SAW WEALTH DECREASE + 102 DROPPED OFF LAST YEAR’S LIST.
  • CHINESE BILLIONAIRES OVERTAKE USA FOR FIRST TIME. CHINA AND USA WITH 568 AND 535 BILLIONAIRES MAKE UP HALF OF THE HURUN LIST. NUMBER OF CHINESE BILLIONAIRES GREW 80% SINCE 2013.
  • INDIA CONSOLIDATES THIRD PLACE, UP 14 ON LAST YEAR TO 111 BILLIONAIRES.
  • BILL GATES, 60, HOLDS ONTO TOP SPOT WITH US$80BN, DESPITE HAVING DONATED US$17BN TO PHILANTHROPY. WAY AHEAD OF WARREN BUFFET AND AMANCIO ORTEGA OF ZARA WITH US$68BN AND US$64BN.
  • BEIJING BILLIONAIRE CAPITAL OF THE WORLD. 5 CHINA CITIES MAKE TOP 10: BEIJING, HK, SHANGHAI, SHENZHEN AND HANGZHOU.
  • GOOD YEAR FOR MANUFACTURING, PHARMA, INVESTMENTS AND TECH.  BAD YEAR FOR ENERGY AND REAL ESTATE. TECH KEY SOURCE OF WEALTH FOR THIRD YEAR RUNNING, FOLLOWED BY REAL ESTATE, MANUFACTURING AND INVESTMENTS.
  • CHINA leads with SELF-MADE WOMEN WITH 93 OF 124 self-made WOMEN IN WORLD.
  • 630 BILLIONAIRES OF CHINESE ORIGIN, 29% OF HURUN LIST, MUCH HIGHER THAN 20% OF WORLD POPULATION. 470 FROM MAINLAND CHINA, 60 FROM HK, 56 FROM SE ASIA, 34 FROM CHINESE TAIPEI, 8 FROM USA AND 1 FROM CANADA AND FRANCE.
  • TOTAL WEALTH JUMPED 9% TO US$7.3 TRILLION, MORE THAN COMBINED GDP OF GERMANY AND UK AND CLOSE TO HALF THAT OF USA.
  • 275 OR 12.5% IMMIGRANT BILLIONAIRES, LED BY USA (52), UK (32) AND SWITZERLAND (27). WITH US$33BN, SERGEY BRIN OF GOOGLE IS THE RICHEST IMMIGRANT BILLIONAIRE.
  • 47 SELF-MADE BELOW 40 YEARS. YOUNGEST ARE FOUNDERS OF SNAPCHAT EVAN SPIEGEL, 25, AND BOBBY MURPHY, 26, AND PAYMENT ECOSYSTEM PROVIDER STRIPES FOUNDERS JOHN COLLISON, 26, AND PATRICK COLLISON, 27.
  • NEW ENTRIES
    • RONY ABOVITZ, 44, OF VIRTUAL REALITY STARTUP MAGIC LEAP MAKES LIST FOR FIRST TIME WITH US$1.1 BN
    • INDIA’S E-COMMERCE MAHARAJAS, SACHIN BANSAL, 34, AND BINNY BANSAL, 33, OF FLIPKART WITH US$1.4BN
  • 22 INHERITED BELOW 40 YEARS.
  • 23 FROM LAST YEAR’S LIST DIED.
  • CHINESE STOCK EXCHANGES ATTRACTED MORE BILLIONAIRES THAN US, FOR THE FOURTH YEAR RUNNING.

 

(24 February 2016, Beijing, China) Hurun Report today released the Hurun Global Rich List 2016, a ranking of the US dollar billionaires currently found in the world. Wealth calculations are a snapshot of 15 January 2016.  This is the fifth year of the ranking.

The List at a glance

The Hurun Global Rich List 2016 ranked 2188 billionaires from 68 countries, up 99 from last year, in another record-breaking year for the world’s billionaires.

Total wealth increased by 9% to US$7.3 trillion, more than the GDP of Germany and the UK combined and coming close to half that of the USA.

729 individuals saw their wealth decrease. 102 dropped out of last year’s list. Russian billionaires lost US$130bn, on the back of a further 19% drop in the Russian Rouble and with lacklustre performance of mining, metals and energy.

The average age is 64, same as the last 2 years.69% are self-made.

Rupert Hoogewerf, Chairman and Chief Researcher of Hurun Report, said, “Despite its own slowdown and falling stockmarkets, China minted more new billionaires than any other country in the world last year, mainly on the back of new listings.  Growth in billionaires for the rest of the world was held back by a slowdown in the global economy, the strengthening of the US dollar and the drop in oil prices. The number of billionaires, however, has jumped 50% since 2013.”

 

Top Ten – Hurun Global Rich List 2016

 

 

 Name

 Net Worth  US$Bn

 % change

Main Source of Wealth

 Age

 Country of Residence

1-

Bill Gates

80

-6%

Investments

60

USA

2↑

Warren Buffett

68

-11%

Berkshire Hathaway

85

USA

3↑

Amancio Ortega

64

16%

Zara

79

Spain

4*

Jeff Bezos

53

83%

Amazon

52

USA

5↓

Carlos Slim Helu & family

50

-40%

America Movil

76

Mexico

6↑

Mark Zuckerberg

47

7%

Facebook

31

USA

7↓

Larry Ellison

46

-15%

Oracle

71

USA

8-

David Koch

44

22%

Energy

75

USA

8-

Charles Koch

44

22%

Energy

80

USA

10↓

Bernard Arnault

37

-18%

LVMH

66

France

10*

Michael Bloomberg

37

76%

Bloomberg

73

USA

Source: Hurun Research Institute 2016

↑ Rank increase yoy  ↓ Rank decrease yoy  - No Rank change yoy  * New to Top 10

 

Bill Gates, 60, retains the Number 1 spot with a fortune of US$80bn. Gates becomes the first person alive today to have created a US$100bn fortune, having given away more than US$20bn to date. In January, he bought a new home near Seattle, a 6,000 sq metre property, for US$150 million.

Warren Buffett, 85, saw his wealth decrease by US$8bn or 11%, US$2.2bn of which was a donation to the Bill and Melinda Gates Foundation. Buffett has recently been buying into oil refiner Phillips 66. Interestingly, 99 percent of his wealth was earned after his 50th birthday.

Amancio Ortega, 79, is back in the top 3 this year. Inditex, the mother ship of Zara, closed January with its share price close to historic highs. Daughter Sandra Ortega Mera also makes the list with US$5.5bn, inherited from her mother.

Jeff Bezos, 52, shot into the Top 10 for the first time with a US$24bn or 83% increase in wealth to fourth spot with US$53bn on the back of a surge in Amazon shares.  Together with Elon Musk of SpaceX and Tesla fame (US$8.8bn, up 38% to 134th place), Bezos has been making headlines for his space project: at the end of last year Bezos successfully launched and returned a booster and capsule from a suborbital flight.  Bezos in 2013 purchased the Washington Post.

Carlos Slim Helu, 76, dropped out of Top 3 after losing 40% or US$33bn of his fortune, mainly on the back of big drops in America Movil and Mineras Fresco. The Mexican billionaire has built a museum in Mexico City to house his US$100 million collection of art.

Larry Ellison, 71, with US$47bn, saw his wealth drop by 15%, on the back of a reduction in Oracle’s stock price. Ellison has donated US$4m to the presidential campaign of Marco Rubio.

Mark Zuckerberg, at 31, the youngest member of the Top 10, has had a good year, seeing his wealth rise US$3bn to US$47bn.  Zuckerberg made world headlines in December when he announced that he would donate 99% of his Facebook stock to a charity set up with wife Priscilla Chan.

Charles, 80, and David Koch, 75, retain their Top 10 spots on the back of a combined US$16bn increase in their wealth. Charles Koch is an important donor to the Republican presidential campaign.

With a net worth of US$37bn, Michael Bloomberg, 73, shot into the top 10 for the first time on the back of a rise in sales at his media group.  Bloomberg is reported to be toying with the idea of running for President as an independent. He has donated US$1bn to John Hopkins University.

 

 

Where they live

The ‘Big Two’ are China and the USA with 568 and 535 billionaires respectively, amounting to almost half of the billionaires on the planet. India grew fast. Russia had another bad year.

Beijing is the new ‘Billionaire Capital of the World’, snatching the title from New York for the first time. 100 of the Hurun Billionaires live in the Beijing, up 32 from last year.

Where they live

 

 

Country

No of billionaires

Change in No. of billionaires

 

 

City

Number of billionaires

Change in No. of Billionaires

1↑

Greater China

568

90

 

1↑

Beijing

100

32

2↓

USA

535

-2

 

2↓

New York

95

4

3-

India

111

14

 

3↓

Moscow

66

-7

4↑

Germany

82

10

 

4↓

Hong Kong

64

-7

4↑

UK

82

2

 

5↑

Shanghai

50

20

6↓

Russia

80

-13

 

5-

London

50

1

7-

Switzerland

66

6

 

7-

Shenzhen

46

12

8↑

France

51

5

 

7↓

Mumbai

45

5

9↓

Brazil

49

-7

 

9↑

Hangzhou

32

10

10↑

Japan

42

-3

 

10↓

Paris

30

0

11↑

Italy

37

10

 

11↑

San Francisco

28

2

12-

Canada

35

-4

 

11↑

Istanbul

28

-1

13-

Turkey

34

1

 

13↑

Singapore

27

5

14↑

Singapore

32

6

 

13-

Seoul

27

-1

15↓

South Korea

31

-2

 

15↓

Tokyo

26

-2

16↓

Australia

30

-2

 

16↓

Sao Paulo

24

-6

17↓

Thailand

26

-3

 

16↓

Bangkok

24

-3

18↑

Spain

21

2

 

18↓

Taipei

23

-10

19*

Philippines

16

0

 

19↓

Los Angeles

21

-1

19*

Sweden

16

+4

 

20-

New Delhi

20

3

Source: Hurun Research Institute 2016

↑ Rank increase yoy  ↓ Rank decrease yoy  - No Rank change yoy * New to Top 20

 

Greater China: Ranks No 1 with 568 billionaires, 90 more than last year. The combined net worth of the Chinese billionaires is US$1.4 trillion, similar to the GDP of Australia. Real Estate has generated most number of billionaires (117), followed by Manufacturing and Tech with 94 and 68 respectively. Led by Beijing, 5 Chinese cities make the top 10 cities for super wealth creators. Beijing, Hong Kong, Shanghai, Shenzhen and Hangzhou are home to 100, 64, 50, 46 and 32 billionaires respectively. Average age of the billionaires is 56. China is the number 1 in the world in terms of generating self-made billionaires akin to “rags to riches”. Wang Jianlin, 61, of Wanda was the richest Chinese with US$26bn, just ahead of Li Ka-shing, 87Jack Ma, 51, of Alibaba was fourth with US$21bn.

USA: Ranks No 2 with 535 billionaires; 2 less than last year. Technology overtook investments to become the main source of wealth for American billionaires, followed by retail. Tech, investments and retail made up 122, 105 and 52 billionaires respectively. The combined wealth of the US billionaires was US$2.4 trillion, just a little less than the GDP of France. New York has the highest concentration of billionaires, with 95, followed by San Francisco and LA on 28 and 21 respectively. The USA is the world’s capital for immigrant billionaires, attracting 52 billionaires. 375 self-made and 160 inherited billionaires. USA added 33 new billionaires. Average age of US billionaires dropped to 60, primarily because of the death of 13 billionaires with an average age of 84.

India: Consolidates number 3 position.111 billionaires, 14 more than last year. Manufacturing, Pharma and Tech are the preferred sectors with 22, 20 and 15 billionaires respectively. Combined wealth of the Indian billionaires shot up by 16% to US$308bn. Average age is 64. Mumbai is headquarters to most of the Indian billionaires. Mukesh Ambani (US$26bn, rank 21) is the richest Indian.

Germany: rises to the no.4 spot with 83 billionaires, 11 more than 2015. With a net worth of US$36bn, Dieter Schwarz, 76, of Schwarz Group retains the top spot of the German billionaires. F&B, Tech and Retail are the most popular sectors with 17, 13 and 13 billionaires respectively. Bielefeld and Hamburg are the preferred cities with 8 billionaires each living there. Average is 65.

UK: Up one place to 4th with 82 billionaires, 2 more than last year. 6 new entrants, led by Mark Scheinberg, 41, of Poker Stars with a net worth of US$4.4bn. London is the overwhelming city of choice for 50 billionaires. Retail, Real estate and Manufacturing are the biggest wealth creators with 13, 13 and 7 billionaires respectively. UK billionaires have a combined wealth of US$267bn. Overall wealth of UK billionaires increased by 10%. Gerald Grosvenor & family and Indian origin SP Hinduja & family are the richest people living in the UK.

Russia: Drops to sixth position with 80 billionaires; 13 less than 2015. All are self-made. The most popular sectors are Energy and Real estate with 17 and 12 billionaires respectively. Moscow is home to 66 billionaires. Combined wealth of the Russian billionaires comes to US$234bn, down by US$130bn. Overall wealth of Russian billionaires declined by 36%.

Switzerland: 7th with 66 billionaires, 6 more than 2015. With 16 billionaires, Geneva is the No 1 city for billionaires in Switzerland. Preferred sectors are Pharma (with 15 billionaires) and manufacturing (with 13 billionaires). Combined wealth of the Swiss billionaires cumulates to US$226.3bn or 20%.

France: rose to 8th position with 51 billionaires, 5 more than 2015. Combined wealth of the French billionaires is US$300bn, 13% more than previous year. The preferred sector is luxury goods and F&B with 8 billionaires each. Home to 30 billionaires, Paris is the preferred city.

Brazil: 9th with 49 billionaires, 7 less than 2015. Combined wealth of the Brazilian billionaires totals US$146bn. Financial services is preferred industry with 10 billionaires followed by TMT and F&B with 5 each.

Japan: 10th with 42 billionaires, 3 less than 2015. Combined wealth of the Japanese billionaires cumulates to US$111bn. The preferred sector is TMT with 14 billionaires followed by retail with 9. Tokyo is the preferred city.

 

Young & Rich

There were 69 billionaires under 40, up by 29. Led by Wang Han, 28, China has the most (28), followed by USA (19). 21% are women, of which Elizabeth Holmes, 31, is the youngest.

47 are self-made with 22 inherited. It is worth mentioning that Bill Gates became a billionaire aged 31.

Billionaires self-made under 35 years – Hurun Global Rich List 2016

Age

Name

Wealth US$Bn

Main Company

Gender

Country

of Residence

25

Evan Spiegel

1.8

Snapchat

M

USA

26

John Collison

1.0

Stripes

M

USA

26

Bobby Murphy

1.8

Snapchat

M

USA

27

Patrick Collison

1.0

Stripes

M

USA

31

Mark Zuckerberg

45

Facebook

M

USA

31

Elizabeth Holmes

4.3

Theranos

F

USA

31

Dustin Moskovitz

10

Facebook

M

USA

32

Wang Yue

1.0

Kingnet

M

China

32

Cheng Wei

1.0

Didi

M

China

32

Nathan Blecharczyk

3.6

AirBnb

M

USA

33

He Zhitao

1.2

Liaison Interactive

M

China

33

Eduardo Saverin

5.6

Facebook

M

Singapore

34

Sachin Bansal

1.4

Flipkart

M

India

34

Binny Bansaal

1.4

Flipkart

M

India

34

Lin Qi

1.5

Youzu

M

China

34

Joe Gebbia

3.6

AirBnb

M

USA

35, 34

Wang Qicheng & Wu Yan

2.1

Hakim

M, F

China

35

Zhang Bangxin

1.3

Tal Education

M

China

35

Scott Farquhar

1.9

Atlassian Corp

M

Australia

35

Mike Cannon-Brookes

1.9

Atlassian Corp

M

Australia

35

Wang Tao

3.4

DJI-Innovations

M

China

Source: Hurun Global Rich List 2016

 

Source of Wealth – Hurun Global Rich List 2016

TMT, Real estate, Manufacturing and Investments made up half of the main source of wealth for the billionaires. It has been a good year for Manufacturing, Pharma, Investments and Tech.  It has been a bad year for Energy and Real Estate.

 

Industry

No. of billionaires

Change in No. of billionaires

Richest person

Company

1-

TMT

307

10

Jeff Bezos

Amazon

2-

Real Estate

267

-13

Wang Jianlin & family

Wanda

3-

Manufacturing

241

22

Georg Schaeffler 

Schaeffler Group

4-

Investments

218

13

Bill Gates

Microsoft

5-

Retail

175

1

Amancio Ortega

Inditex

6-

Food & Beverages

160

4

Forrest Mars Jr

Mars

7-

Energy

116

-13

Charles & David Koch

Koch Industry

8-

Financial Services

111

-7

Thomas Peterffy

Interactive Brokers

9-

Pharmaceuticals

106

17

Dilip Shanghvi

Sun Pharma

10↑

Automobile

49

4

Susanne Klatten

BMW

11↑

Mining

43

-1

Georgina Rinehart

Roy Hill Iron Ore Mine

12↓

Logistics & Shipping

41

-6

Jack Taylor & family

Enterprise rent a car

13↑

Hospitality

33

3

Karl-Heinz Kipp

Hotel Eden Roc

14*

Sports & Arts

27

-

Bernie Ecclestone & family

Formula One Group

Source: Hurun Global Rich List 2016

↑ Rank increase yoy  ↓ Rank decrease yoy * New Entry - No Rank change yoy 

 

Technology Media and Telecom (TMT) produced the most billionaires – 307, accounting for 14% of the entire list. 39 were newcomers, coming from AirBnB, Kunlun Tech, Jetsen, Flipkart, MagicLeap and so on. Jeff Bezos replaced Larry Ellison for the first time in tech billionaires list.

The US has the most number of tech billionaires, followed by China. China is the only country that has added women billionaires (9 of them) in the tech space

 

Other Points to Note

Commodity price correction dragged down the wealth of metal & mining billionaires; Lakshmi Mittal, 65, lost US$7bn owing to iron ore price correction of 40% as per IMF commodity price data.

Carlos Slim lost US$30bn last year and slipped to 5th place mainly on the poor performance of his flagship companies America Movil, Grupo Financiero Inbursa, Impulsora del Desarrollo, Grupo Carso and Minera Frisco.

Three new billionaires in the top 100 list. Georg Schaeffler (US$20bn) of Schaeffler Group, Salman bin Abdulaziz Al Saud (US$15bn), King of Saudi Arabia, and Massimiliana Landini Aleotti & family (US$11bn), of Menarini Pharmaceuticals.

Kingdom Holding’s share price drove down Prince Alwaleed Bin Talal Alsaud’s rank dropped 36 places to 54th.

Thomas Petterffy, 71, of Interactive Brokers, a discount broking firm, tops the list of richest individuals in the financial service sector with US$11bn wealth.

Women. 15% of the list or 315 women in total. The oldest are Yik-Chun Koo Wang, 98, co-founder of Johnson Electric, and Maria Franca Fisollo, 98, of Ferrero Rocher.

Migration good or bad? At a time when the world is debating on immigration, it is interesting to note that 275 or 12.5% of the billionaires are immigrants, led by 52 to the USA, 32 to the UK and 27 to Switzerland. With 56, China is the country producing most of the migrant billionaires, followed by Germany with 25 and India with 24. With US$33bn, Sergey Brin, 42, of Google is the wealthiest immigrant in the world.

Only Asia and Europe registered a growth in the total number of billionaires.

Richest Families: The Wal-mart and Koch Industries are the richest families in the Hurun Global Rich List 2016 with a cumulative net worth of US$123bn and US$104bn respectively. Mars family at US$72bn follows them.

Politically active. Charles and David Koch are active donors to the Republican Party. Donald Trump, US$6.5bn and Michael Bloomberg, US$37bn are either running for or thinking about running for US President. Former Prime Ministers include Silvio Berlusconi of Italy and Saad Hariri of Lebanon. 8 ruling royal families, including Saudi Arabia, Brunei, UAE, Morocco, Thailand, Qatar and Liechtenstein.

The Indian ‘Sam Walton’: Supported by the strong performance of his investments and also his flagship company Lulu hypermarket, MA Yousuf Ali increased with wealth by US$3bn or 82% to US$6bn.

123 billionaires own Fortune Global 500 companies, 76 from USA, 10 from China.

Oldest. The oldest billionaires on the list are 100 year old David Rockefeller Sr (US$1.5bn) followed by 99 year old billionaire investor Henry Hillman ($2.4bn).

23 billionaires from last year’s Hurun Global Rich List died. Average age of the death is 86. Subway co-founder Fred DeLuca died at the early age of 67.

The billionaire obituary – Hurun Global Rich List 2016

Name

Company

Country

Age

Net Worth 2015  (US$Bn)

Fred DeLuca

Subway

USA

67

2.6

Richard Rainwater

Rainwater Investments

USA

70

2.7

Jassim Al Kharafi

The Kharafi Group

Kuwait

74

1.5

Susan Hirt Hagen

Erie Indemnity

USA

77

1.9

Peter Lewis

Progressive

USA

81

1.3

Donna MacMillan

Cargill

USA

82

1.8

Richard Scaife

Newsmax

USA

82

1.3

Maria Solari Falabella

SACI Falabella

Chile

83

1.8

Lee Seng Wee

Overseas China Banking Corp

Singapore

84

1.5

Alfred James Clark

Clark Enterprises

USA

87

2.3

Michele Ferrero

Ferrero Rocher

Monaco

88

22

Joe Jamail Jr

Joe Jamail Lawsuits

USA

88

1.5

William C Ford Sr

Ford Motor

USA

89

1.2

Hans Guido Riegel

Haribo

Germany

90

2.7

Heinz-Horst Deichmann

Deichmann

Germany

90

2.6

Karen Boyd

S.C Johnson

USA

90

2.4

Alfred Taubman

Taubman Centers

USA

90

1.2

Brijmohan Lall Munjal

Hero Group

India

91

3.1

Kenneth Adams Jr

Adams Resources & Energy

USA

92

1.2

Ingeburg Herz

Beiersdorf

Germany

93

2.8

Alberto Benavides

Buenaventura

Peru

94

1

Karl Wlaschek

Billa

Austria

97

3

Kirk Kerkorian

MGM Resorts

USA

97

2.2

Source: Hurun Research Institute 2016

 

Chinese Diaspora: Where they live – Hurun Global Rich List

Chinese diaspora. 630 or 29% of billionaires are of Chinese origin, up 101 from 529 last year. Outside of Greater China, the Chinese diaspora are based predominantly in South East Asia, led by Singapore and Indonesia. Chinese make up 20% of the world’s population.

 Residence

No. of Billionaires

Mainland China

470 (+74)

Hong Kong

60 (-11)

Chinese Taipei

34 (-14)

Singapore

20 (+6)

Indonesia

10 (-)

Malaysia

10 (+3)

Philippines

8 (+2)

Thailand

8 (+3)

USA

8 (-)

Canada

1 (+1)

France

1 (+1)

Total

630 (+101)

Source: Hurun Global Rich List 2016

 

Trends in Number of Billionaires

The world’s billionaires have grown 50% since 2013, from 1453 to 2188. Over the same period, Mainland Chinese have grown 80%.

Year

Cut-off to Hurun Global Rich List US$Bn

Total No. on List

Mainland Chinese on List

Greater Chinese on List

Mainlanders in Top 100

2012

100

83

1

5

1

2013

10

1453

262

357

2

2014

10

1867

291

458

3

2015

10

2089

359

478

8

2016

10

2188

470

568

8

Source: Hurun Research Institute 2016

 

Measuring the degree to which Billionaires are Self-Made

Hurun Report measures the degree to which billionaires are inherited or self-made. The scorecard is out of five, where 1 is inherited and not active in business, and 5 is self-made without help from parents.

Self-made with a little help from parents was the most common route to becoming a billionaire. An example is Mark Zuckerberg, who was educated at Phillips Exeter Academy, one of America’s best-known private high schools. Second was self-made without help from parents, most of whom are coming from China and the US. Third was inheriting a business and growing it into a much bigger entity, eg Rupert Murdoch.

China leads with self-made ‘5s’.

9% of the Self-Made ‘4s’ and ‘5s’ are female, whilst 70% of the ‘1s’ are female.

69% are self-made. 

59 individuals, or 2.6%, are from the 4th generation or more.

Countries by Self-Made Scorecard

Self-Made  Scorecard

% of billionaires

TOP 3 Countries (with %. of billionaires)

Example

5

34%

1. China (66%)

Self-made without parental financial support eg Warren Buffett

2. USA (11%)

3. Chinese Taipei (3%)

4

35%

1. USA (38%)

Self-made, but with a helping hand from parents such as through private education, eg Mark Zuckerberg

2. Russia (9%)

3. India (6%)

3

21%

1. USA (21%)

Inherited financial independence, but grew it big time.

2. India (10%)

3. Germany (9%)

2

7%

1. USA (26%)

Inherited, but active in the business eg Liliane Bettencourt of L’Oreal

2. China (13%)

3. Chinese Taipei (4%)

1

3%

1. USA (32%),

Inherited and not actively involved in the business, eg Laurene Powell Jobs of Apple

2. Brazil (9%)

3. China (2%)

Source: Hurun Research Institute 2016

 

Billionaires by Continent – Hurun Global Rich List 2016

35% of new billionaires reside in Asia. Asia is drawing away from North America with 207 new billionaires to take it to 1022 individuals, followed by North America with 584 billionaires and Europe 441.

Europe added US$253bn this year, 18% higher than that of last year. 

South America lost US$37bn mainly on account of 21% correction of BOVESPA index and 35% depreciation of Brazilian Real.

Oceania is the only continent where a woman leads the billionaires’ list. (Georgina Rinehart, US$16bn).

With a cumulative net worth of US$84bn, Africa has 29 billionaires on the Hurun Global Rich List 2016. Aliko Dangote, 58, of Dangote Cements leads the pack with US$10bn.

 

Continent

No. of billionaires

Change in No of billionaires YoY

Combined wealth US$ Bn

 1

Asia

 1,022

 79

 2,651

 2

North America

 584

 -5

 2,617

 3

Europe

 441

 40

 1,707

 4

South America

 82

-10

 228

 5

Oceania

 31

 -2

 77

 6

Africa

 29

 -2

  84

Source: Hurun Global Rich List 2016

European Union – A quick look

The EU has 344 billionaires this year. Average age of billionaires in the EU is 67, three years higher than the overall list.

Billionaires by EU country

Country

No. of Billionaires

Average Age

Top Industry

Germany

83

64.7

Food & Beverages

UK

82

66.1

Real Estate

France

51

67.9

Food & Beverages

Italy

37

68.1

Retail

Spain

21

68.5

Real Estate

Austria

13

66.5

Packaging

Denmark

14

61.5

Manufacturing

Netherlands

11

70.9

Food & Beverages

Sweden

16

66.9

Investments

Source: Hurun Research Institute 2016

 

Stats

The cut-off required for the Top 100 fell slightly, whilst for the Top 200, 500 and 1000 was up.

 

Rank on List

2016 Cut-off required US$bn

2015 Cut-off required US$bn

2014 Cut-off required US$bn

10

37

36

36

100

11

12

11.5

200

6.6

5.9

6.9

500

3.5

2.6

3.4

1000

2.1

1.9

2

Source: Hurun Global Rich List 2016

 

Currency fluctuations

The US Dollar has strengthened again against most of the other major currencies.

 Currency fluctuations against the US Dollar – Hurun Global Rich List 2016

 

Country

% drop in currency

% Change in Wealth

Japan

0%

3%

UK

5%

13%

China

7%

25%

India

12%

26%

Australia

14%

11%

Source: Hurun Global Rich List 2016

 

Stock Exchanges

China has more billionaires listed on its stock exchanges than the USA, leading with 393 compared with 239 billionaires listed in the USA. The Argentinean Stock Exchange (MERVAL) performed the best at 36%; Chinese Shenzhen had a good year, with a gain of 22%. NYSE returned a negative declined growth of -11% while London Stock Exchange returned a declined growth of -11%.

 

Companies that created most Billionaires - Hurun Global Rich List 2016

Hyatt and Cargill has created more billionaires than any other company on the Hurun Global Rich List 2016, with 10 members of the extended Pritzker family (Hyatt), MacMillan (Cargill) and the Cargill family (Cargill) making the list, followed by Roche and Dr Oetker.

Rank

Company

No. of Billionaires

1

Hyatt

10

1

Cargill

10

3

Roche

9

4

Dr Oetker

8

5

SC Johnson & Son

7

5

Wal-Mart

7

7

SACI Falabella

5

7

Infosys

5

7

Hennes & Mauritz

5

7

Estee Lauder

5

7

Facebook

5


Source: Hurun Global Rich List 2016

Chinese Star Signs

Snakes did best on this year’s list again, followed by Horses and Oxen. Dragons had the worst year, dropping 0.65% and three places to sixth. Those born in the year of the Monkey, which started last month, had a good year, up one place to sixth.

 

Rank

Rank Change

Star Sign

%

% change

1

-

Snake

9.8%

0.31%

2

-

Horse

9.0%

-0.17%

3

-

Ox

8.8%

-0.21%

4

1

Rabbit

8.7%

-0.06%

5

1

Sheep

8.6%

0.34%

6

-3

Dragon

8.4%

-0.65%

6

1

Monkey

8.4%

0.25%

8

1

Dog

8.0%

0.21%

9

-1

Rat

7.9%

-0.14%

9

1

Tiger

7.9%

0.16%

11

1

Rooster

7.5%

0.28%

12

-1

Pig

7.1%

-0.31%

Source: Hurun Global Rich List 2016

 

Table: Top 100 - Hurun Global Rich List 2016

 

 Rank Change

 Name

 Net Worth  US$Bn

 % change

Main Company

Industry

 Age

 Country of Residence

 City of Residence

1

0

Bill Gates

80

-6%

Microsoft

Investments

60

USA

Medina

2

1

Warren Buffett

68

-11%

Berkshire Hathaway

Investments

85

USA

Omaha

3

1

Amancio Ortega

64

16%

Inditex

Single Brand Retailing

79

Spain

La Coruna

4

18

Jeff Bezos

53

83%

Amazon

Online Retail

52

USA

Seattle

5

-3

Carlos Slim Helu & family

50

-40%

America Movil

Investments

76

Mexico

Mexico City

6

1

Mark Zuckerberg

47

7%

Facebook

Technology

31

USA

Palo Alto

7

-2

Larry Ellison

46

-15%

Oracle

Technology

71

USA

Woodside

8

0

Charles Koch

44

22%

Koch Industries

Energy

80

USA

Wichita

8

0

David Koch

44

22%

Koch Industries

Energy

75

USA

New York

10

-4

Bernard Arnault

37

-18%

LVMH

Single Brand Retailing

66

France

Paris

10

29

Michael Bloomberg

37

76%

Bloomberg

Media

73

USA

New York

12

-4

Dieter Schwarz

36

0%

Schwarz Group

Multi Brand Retailing

76

Germany

Neckarsulm

13

4

Larry Page

34

10%

Google

Technology

42

USA

Palo Alto

14

1

Liliane Bettencourt

33

0%

L'Oreal

Cosmetics

93

France

Paris

14

4

Sergey Brin

33

10%

Google

Technology

42

USA

Los Altos

16

-3

Jim Walton

31

-9%

Wal-Mart

Multi Brand Retailing

67

USA

Bentonville

17

-6

Alice Walton

30

-14%

Wal-Mart

Multi Brand Retailing

66

USA

Fort Worth

18

-5

Robson Walton

29

-15%

Wal-Mart

Multi Brand Retailing

71

USA

Bentonville

19

9

Ingvar Kamprad & family

28

8%

Ikea

Single Brand Retailing

89

Switzerland

Lausanne

20

54

Jorge Paulo Lemann

27

93%

3G Capital

Investments

76

Brazil

Sao Paulo

21

12

Wang Jianlin & family

26

4%

Wanda

Real estate, entertainment

62

China

Beijing

21

20

Mukesh Ambani

26

30%

Reliance

Energy

58

India

Mumbai

23

-7

Li Ka-shing

25

-22%

Cheung Kong

Real Estate、Energy、Investments

88

China

Hong Kong

23

11

Bertrand Puech & family

25

4%

Hermes

Single Brand Retailing

79

France

Paris

23

-12

Christy Walton & family

25

-29%

Wal-Mart

Multi Brand Retailing

60

USA

Jackson

23

1

George Soros

25

-11%

Soros Fund Management

Hedge Funds

85

USA

New York

27

0

Lee Shau Kee

24

-9%

Henderson Land

Real Estate、Investments

88

China

Hong Kong

27

-9

Gérard Mulliez & family

24

-20%

Auchan

Multi Brand Retailing

84

France

Croix

27

1

Jacqueline Mars

24

-8%

Mars

Food & Beverages

76

USA

The Plains

27

9

Steve Ballmer

24

9%

Microsoft

Technology

60

USA

Hunts Point

27

1

Forrest Mars Jr

24

-8%

Mars

Food & Beverages

85

USA

Big Horn

27

1

John Mars

24

-8%

Mars

Food & Beverages

81

USA

Jackson

33

3

David Thomson & family

23

5%

Thomson Reuters

Media

58

Canada

Toronto

33

144

Leonardo Del Vecchio

23

21%

Luxottica

Luxury Goods

80

Italy

Milan

33

11

Phil Knight

23

21%

Nike

Footwear Retail

78

USA

Hillsborough

36

-2

Jack Ma Yun & family

21

-14%

Alibaba, Ant Financial

E-commerce, finanical service

52

China

Hangzhou

36

-12

Sheldon Adelson

21

-25%

Las Vegas Sands

Casinos

82

USA

Las Vegas

38

New

Georg Schaeffler 

20

New

Schaeffler Group

Manufacturing

51

Germany

Herzogenaurach

38

-2

Maria Franca Fissolo & family

20

-9%

Ferrero Rocher

Food & Beverages

98

Monaco

Monte Carlo

38

-16

Carl Icahn

20

-31%

Icahn Enterprises

Investments

79

USA

New York

41

12

Pony Ma

19

12%

Tencent

IT

45

China

Shenzhen

41

2

Zong Qinghou & family

19

0%

Wahaha

Drinks

71

China

Hangzhou

41

-17

Stefan Persson

19

-32%

Hennes & Mauritz

Single Brand Retailing

68

Sweden

Stockholm

41

53

Anne Cox Chambers

19

46%

Cox Enterprise

Media

96

USA

Atlanta

41

29

Paul Allen

19

36%

Vulcan

Investments

63

USA

Mercer Island

46

-28

Karl Albrecht Jr & family

18

-40%

Aldi Sud

Multi Brand Retailing

67

Germany

Mulheim an der Ruhr

46

7

Dilip Shanghvi

18

6%

Sun Pharma

Pharmaceuticals

59

India

Mumbai

48

-1

SP Hinduja & family

16

-11%

Hinduja Group

Manufacturing

81

UK

London

48

-7

Rinat Akhmetov

16

-20%

System Capital Management

Investments

49

Ukraine

Donetsk

48

51

Ray Dalio

16

39%

Bridgewater Associates

Hedge Funds

66

USA

Greenwich

48

51

Michael Dell

16

33%

Dell

Technology

50

USA

Austin

48

5

Donald Bren

16

-6%

Irvine Company

Real Estate

83

USA

Newport Beach

48

56

Elaine Marshall & family

16

45%

Koch Industries

Investments

72

USA

Dallas

54

170

Galen Weston & family

15

188%

George Weston 

Food & Beverages

75

Canada

Toronto

54

5

Robert Kuok

15

-9%

Kuok Group

Diversified

93

China

Hong Kong

54

20

Serge Dassault & family

15

7%

Dassault System

Aviation Technology

90

France

Paris

54

6

Michael Otto & family

15

-6%

Otto Group

Multi Brand Retailing

72

Germany

Hamburg

54

-10

Tadashi Yanai

15

-21%

Fast Retailing

Multi Brand Retailing

66

Japan

Tokyo

54

-36

Alwaleed Bin Talal Alsaud

15

-50%

Kingdom Holding Company

Investments

60

Saudi Arabia

Riyadh

54

New

Salman bin Abdulaziz Al Saud

15

New

-

Oil & Gas

80

Saudi Arabia

Riyadh

54

20

Gerald Grosvenor & family

15

7%

Grosvenor

Real Estate

64

UK

Cheshire

54

-7

Leonard Blavatnik

15

-17%

Lyondellbasell

Energy

58

UK

London

63

11

Lei Jun

14

0%

Xiaomi Technology

Mobile phone, investments

47

China

Beijing

63

11

Yan Hao

14

0%

China Pacific Construction Croup

Infrastructure

30

China

Nanjing

63

3

Abigail Johnson

14

-7%

Fidelity

Investments

54

USA

Milton

63

-16

Laurene Powell Jobs & family

14

-22%

Apple

Technology

52

USA

Palo Alto

63

11

Ronald Perelman

14

0%

Scientific Game

Investments

73

USA

New York

63

266

Thomas Peterffy

14

324%

Interactive Brokers

Financial Services

71

USA

Greenwich

63

11

James Simons

14

0%

Renaissance Technologies

Hedge Funds

77

USA

New York

70

29

Joseph Safra

13

8%

Grupo Safra

Banking

77

Brazil

Sao Paulo

70

-23

Haji Hassanal Bolkiah

13

-28%

Brunei Investment Agency

Energy

69

Brunei

Bandar Seri Begawan

70

-23

Li Yanhong & Ma Dongmin

13

-28%

Baidu

IT

48、46

China

Beijing

70

-10

Pallonji Mistry

13

-19%

Shapoorji Pallonji

Engineering & Construction

86

India

Mumbai

70

205

Stefano Pessina

13

132%

Walgreen

Pharmaceuticals

74

Monaco

Monte Carlo

70

4

Henry Sy & family

13

-7%

Sm Prime Holding

Multi Brand Retailing

91

Philippines

Manila

70

81

Charoen Sirivadhanabhakdi

13

55%

Thai Beverage

Food & Beverages

71

Thailand

Bangkok

70

-23

Charles Ergen

13

-28%

Dish Networks

Entertainment

62

USA

Denver

70

67

Stephen Schwarzman

13

35%

Blackstone

Investments

68

USA

New York

79

-19

Georgina Rinehart

12

-25%

Roy Hill Iron Ore Mine

Mining

61

Australia

Perth

79

25

Emilio Alves Odebrecht & family

12

9%

Odebrecht

Petrochemical

-

Brazil

-

79

122

Marcel Herrmann Telles

12

107%

3G Capital

Investments

65

Brazil

Sao Paulo

79

-13

Susanne Klatten

12

-20%

BMW

Automobile

54

Germany

Bad Homburg

79

25

Shiv Nadar

12

9%

HCL

Technology

70

India

New Delhi

79

-26

Masayoshi Son

12

-29%

Softbank

Telecom

60

Japan

Tokyo

79

103

Charlene Carvalho

12

9%

Heineken

Food & Beverages

61

Netherlands

Amsterdam

79

-19

Viktor Vekselberg

12

-25%

Renova

Energy

59

Russia

Moscow

79

20

Ernesto Bertarelli & family

12

0%

Serono

Pharmaceuticals

50

Switzerland

Gstaad

79

41

Gennady Timchenko

12

20%

Gunvor

Energy

63

Switzerland

Geneva

79

-5

Bhumibol Adulyadej 

12

-14%

CPB Holdings

Diversified

88

Thailand

Bangkok

79

-5

Patrick Soon-Shiong

12

-14%

Nant Works

Pharmaceuticals

63

USA

Los Angeles

91

86

Xu Jiayin

11

64%

Evergrande

Real Estate, Investments

58

China

Guangzhou

91

3

Stefan Quandt

11

-15%

BMW

Automobile

49

Germany

Bad Homburg

91

New

Massimiliana Landini Aleotti & family

11

New

Menarini

Pharmaceuticals

72

Italy

-

91

-31

Vladimir Potanin

11

-31%

Interros

Steel

55

Russia

Moscow

91

13

Lee Kun Hee

11

0%

Samsung

Electronics

74

South Korea

Seoul

91

-25

Khalifa bin Zayed Al Nahyan

11

-27%

SBK Holdings

Energy

67

UAE

Abu Dhabi

91

13

Hans Rausing

11

0%

Tetra Pak

Packaging

90

UK

Wadhurst

91

94

Andrew Beal

11

69%

Beal Bank

Investments

63

USA

Dallas

91

13

Jack Taylor & family

11

0%

Enterprise Rent A Car

Logistics

93

USA

St Louis

91

43

Steve Cohen

11

12%

Sac Capital

Hedge Funds

59

USA

New York

91

68

John Menard Jr

11

51%

Menards

Multi Brand Retailing

75

USA

Eau Claire

For the full list, see www.hurun.net

 

 

About Hurun Report Inc.

Nobody Knows China’s Rich Better!

Established as a research unit in 1999 by British accountant Rupert Hoogewerf, Hurun Report Inc. has grown into a leading media and research house based in Shanghai, China, best-known for its rankings of the richest people in China, India and the rest of the world.

Hurun Report Inc. has four divisions: Hurun Report Media, a stable of digital media and four magazines; Hurun Research Institute; Hurun Conferences, an active events division targeting entrepreneurs and high net worth individuals; and Hurun Investments, a US$20m early stage venture capital fund with investments into tech, media, retail and education. .

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