up.hurun.netup.hurun.net/Hufiles/201502/20150204143740291.docx · Web viewAlbert von Thurn und Taxis 2.0-3 M Germany 31 Nathan Blecharczyk 1.5 AirBnb 4 M USA 32 Scott Duncan 5.0 Enterprise

SURGE OF 222 BILLIONAIRES TO RECORD 2089 BILLIONAIRES IN WORLD

BILL GATES, CARLOS SLIM AND WARREN BUFFETT SEE WEALTH SURGE US$52BN OR US$100,000 A MINUTE OVER PAST YEAR TO COMBINED RECORD TOTAL OF US$244BN

USA AND CHINA MAKE UP HALF WORLD’S BILLIONAIRES; INDIA BREAKS INTO TOP 3 FOR FIRST TIME

NEW ENERGY KING LI HEJUN STEALS CROWN OF CHINA NUMBER ONE FROM JACK MA

LEADING AUTHORITY ON CHINA’S WEALTHY RELEASES HURUN GLOBAL RICH LIST 2015

WORLD’S BILLIONAIRES GREW BY 222 TO 2089 INDIVIDUALS. RECORD NUMBER OF BILLIONAIRES.

649 SAW WEALTH INCREASE + 341 NEW FACES. 869 SAW WEALTH DECREASE + 95 DROPPED OFF LAST YEAR’S LIST, WITH 10 RUSSIANS LEADING WAY.

USA AND CHINA DOMINATE WITH 537 AND 430 BILLIONAIRES, MAKING UP HALF OF THE HURUN LIST. CHINA STOCK MARKET BOOM KEY DRIVER FOR 72 NEW FACES, FOLLOWED BY USA WITH 56. INDIA UP BY 27 TO BREAK INTO TOP 3 FOR FIRST TIME, REPLACING RUSSIA.

BILL GATES, 59, HOLDS ONTO TOP SPOT WITH US$85BN, JUST AHEAD OF CARLOS SLIM AT US$83BN. WARREN BUFFETT 3RD WITH US$76BN.

NEW YORK BILLIONAIRE CAPITAL OF THE WORLD. 5 GREATER CHINA CITIES MAKE TOP 10: HK, BEIJING, SHENZHEN, TAIPEI AND SHANGHAI.

TECHNOLOGY KEY SOURCE OF WEALTH FOR SECOND YEAR RUNNING. REAL ESTATE, MANUFACTURING, INVESTMENTS AND RETAIL FOLLOW. MARK ZUCKERBERG, 30, BREAKS INTO TOP 10.

NEW ENERGY KING LI HEJUN, 48, IS CHINA NEW NUMBER ONE WITH US$26BN. WANG JIANLIN REBOUNDS AFTER LISTING REAL ESTATE AND CINEMA UNITS, JACK MA THIRD AFTER DROP IN ALIBABA SHARE PRICE.

CHINA LEADS WITH SELF-MADE WOMEN. OF 69 SELF-MADE WOMEN IN WORLD, 35 ARE FROM CHINA.

529 BILLIONAIRES OF CHINESE ORIGIN, 23% OF TOTAL. SELF MADE BUT WITH A LITTLE HELP FROM PARENTS WAS THE MOST COMMON

ROUTE TO BECOMING A BILLIONAIRE. HURUN REPORT THIS YEAR INNOVATED A SELF-MADE SCORECARD, ASSESSING BETWEEN 1 AND 5 THE DEGREE TO WHICH A BILLIONAIRE WAS SELF-MADE OR INHERITED.

40 INDIVIDUALS BELOW 40 YEARS, 22 SELF-MADE. SNAPCHAT FOUNDERS EVAN SPIEGEL, 24, AND BOBBY MURPHY, 26, YOUNGEST. UBER TECHNOLOGIES GARRET CAMP, 36, AND TRAVIS KALANICK, 38, EACH WORTH US$1.3BN; AIRBNB JOE GEBBIA, 33, AND NATHAN BLECHARCZYK, 31, EACH WORTH US$1.5BN.

BIGGEST GAINER. E- COMMERCE TYCOON LIU QIANGDONG, 41, OF JD COM, SAW HIS WEALTH QUADRUPLE TO US$6.7BN FROM US$1.5BN LAST YEAR.

CHINESE STOCK EXCHANGES ATTRACTED MORE BILLIONAIRES THAN US, FOR THIRD YEAR RUNNING.

CHINESE STAR SIGNS. BILLIONAIRES BORN IN THE YEAR OF THE HORSE (CURRENT YEAR) LEAD THE WAY. YEAR OF THE SHEEP (STARTS ON FEB 19) COMES IN AT 6TH PLACE.

CHINESE LUXURY HOME BUILDER STAR RIVER IS SPONSOR OF HURUN GLOBAL RICH LIST FOR SECOND YEAR.

Hurun Report © 2015. All Rights Reserved

(3 February 2015, Beijing, China) Hurun Report today released the Hurun Global Rich List 2015, a ranking of the US dollar billionaires currently found in the world. Wealth calculations are a snapshot of 17 January 2015, and for key people stock movements of 10% or more between the cut-off date and the release date are factored in. This is the fourth year that Hurun Report has released a ranking of the dollar billionaires in the world. The Hurun Global Rich List 2015 is sponsored by Chinese luxury home builder Star River Property.

The List at a glance

The Hurun Global Rich List 2015 ranked 2089 billionaires from 68 countries, up 222 from last year, in a record-breaking year for the world’s billionaires.

649 saw their wealth increase and there were 341 new faces. 230 remained unchanged. 869 individuals saw their wealth decrease. 95 dropped out of last year’s list.

The Russian Rouble collapse, brought about by a stagnating Russian economy, sanctions due to Ukrainian conflict and cheaper oil price by the OPEC, has been the cause for 60% of Russian billionaires to see their wealth drop, led by Vladimir Yevtushenkov and Vagit Alekperov of Lukoil whose wealth fell by 77% and 73% respectively.

Although the list expanded by 222 individuals, the total wealth dropped by 1.5% to US$6.7 trillion, still more than the GDP of Japan and South Korea combined.

The average age is 64, same as last year.

Rupert Hoogewerf, Chairman and Chief Researcher of Hurun Report, said, “Tech has been leading the way again for new billionaires. It’s all eyes on the new economy.”

“’New Energy King’ Li Hejun becomes the twelfth Number One China has had in the past 16 years, underlying once again the dynamism of the Chinese economy. In that same period, Bill Gates has been the only Number One in the US.”

Top Ten – Hurun Global Rich List 2015

Name WealthUS$bn

% change YOY

Source of Wealth Age

Country of residence

Self-Made Scorecard

1- Bill Gates 85 25% Investments 59 USA 4

2↑Carlos Slim Helu & family

83 38% America Movil 75 Mexico5

3- Warren Buffet 76 19%Berkshire Hathaway

84 USA5

4↓Amancio Ortega

55 -11% Zara 78 Spain5

5- Larry Ellison 54 13% Oracle 70 USA 5

6-Bernard Arnault

45 -2% LVMH 65 France4

7*Mark Zuckerberg

44 42% Facebook 30 USA4

8↑ Charles Koch 36 0% Energy 79 USA 3


8↑ David Koch 36 0% Energy 74 USA 3

8*Dieter Schwarz

36 29% Retail 75 Germany3

Source: Hurun Research Institute 2015

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

Bill Gates, 59, retains the number 1 spot with a fortune of US$85bn, up US$17bn, on the back of strong gains on his investments. Interestingly, one quarter of his wealth is parked with Warren Buffett, exceeding the value of his remaining stake in Microsoft. Other investments include US$3.5bn in Facebook, owned by Mark Zuckerberg also in the Top 10, and close to US$2bn in the Four Seasons hotel chain, majority owned by Prince Alwaleed, one of the Top 20. Gates became a billionaire by the age of 31. Despite being one of the biggest philanthropists in the world, Gates has been in the Top 3 of the Hurun Global Rich List since its inception four years ago.

Carlos Slim Helu, 75, regains his second spot with a 38% surge in his fortune to US$83bn. Interestingly, Slim is said to like to drive himself and has lived in the same six-bedroom house for the past 40 years. Slim has six children.

Warren Buffett, 84, saw his wealth shoot up by US$12bn or 19%. Buffett donated US$2.8bn to the Bill and Melinda Gates Foundation last year. Interestingly, 99 percent of his wealth was earned after his 50th birthday. His children, Susan, Howard and Peter, run their own charity foundations. “I would say the most satisfying thing is watching my children pick up on their own interests," Buffett said, "and work many more hours per week, than most people that have jobs, at trying to intelligently give away that money in fields that they particularly care about."

Amancio Ortega, 78, is out of the top three for the first time in three years, after seeing his stake in Zara drop by US$7bn, due in part to a drop in the Euro. Ortega has three children.

Larry Ellison, 70, with US$54bn, saw his wealth increase by 13%. Ellison is a signatory of The Giving Pledge, committing to donate more than half his wealth to philanthropic causes. Ellison is best-known for his passion for the sea, racing in the America’s Cup owning one of the biggest yachts in the world and in 2012 buying one of Hawaii’s largest islands. Interestingly, Steve Jobs was the official photographer at Ellison’s wedding.

Bernard Arnault, 65, stays at sixth with US$45bn. Arnault has five children from two marriages.

Mark Zuckerberg, at 30 the youngest member of the Top 10, has had a great year. His wealth soared 42%, moving him up 11 places no. 7. In October, Zuckerberg surprised many with the quality of his spoken Chinese during a visit to Tsinghua University in China. Zuckerberg graduated from one of America’s best-known private high schools, Phillips Exeter Academy, which is why Hurun Report assessed his self-made score ‘4’. Zuckerberg has donated US$2bn. Five Facebook billionaires made the Hurun List.

Dieter Schwarz, 75, saw his wealth shoot up 29% to US$36bn and winning him a place in the Top 10 for the first time. Schwarz inherited a retailing business from his father but has since grown it significantly. Schwarz is known to be very low-key.


Charles, 79, and David Koch, 74, go up one place despite their wealth remaining the same.

Jeff Bezos and Sheldon Adelson out of Top 10 after just one year, down to 22nd and 24th place respectively.

Measuring the degree to which Billionaires are Self-Made

This year, Hurun Report innovated a scorecard measuring 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’.

25% of the Self-Made ‘4s’ and ‘5s’ are female, whilst 72% of the ‘1s’ are female. For the ‘2s’, the majority of the Chinese are from HK.

69% are self-made and a further 19% are substantially self-made in that they grew an inherited business into a much bigger business.

82 individuals, or 4%, are from the 4th generation or more. The 82 come from 52 companies.

Countries by Self-Made Scorecard

Self-Made Scorecard

% of billionaires

TOP 3 Countries (with %. of billionaires) Example

5　 1. China (61%)

Self-made without parental financial support eg Warren Buffett 30% 2. USA (13%)　 3. Chinese Taipei (5%)

4　 1. USA (38%) Self-made, but with a helping hand from

parents such as through private education, eg Mark Zuckerberg

39% 2. Russia (10%)　 3. India (5%)

3　 1. USA (22%)

Inherited a small business and grew it big time, eg Rupert Murdoch19% 2. India (9%)　 3. Germany (9%)

2　 1. USA (23%),

Inherited, but active in the business eg Liliane Bettencourt of L’Oreal8% 2. China (16%),　 3. Chinese Taipei (8%)

1 　 1. USA (33%), Inherited and not actively involved in the business, eg Laurene Powell Jobs of Apple4% 2. Brazil (13%)


　 3. China (7%)Source: Hurun Research Institute 2015

Where they live

The ‘Big Two’ are the USA and China with 537 and 430 billionaires respectively, amounting to almost half of the billionaires on the planet. India grew fast. Russia had a bad year, losing 10 billionaires.

New York is the ‘Billionaire Capital of the World’, retaining the title it took away from Moscow two years in a row. 91 of the Hurun Billionaires live in the Big Apple, up 7 from last year. The rise in Hong Kong billionaires came about mainly from ranking several families individually, as well as 6 new faces.

Rise of Asia: Of the top 17 billionaires whose fortunes doubled this past year, 14 are Chinese, led by Liu Qiangdong of online retailer JD.COM.

Where they live

　 Country No of billionaires

Change in No. of billionaires

　 City Number of billionaires

Change in No. of Billionaires

1- USA 537 56 1- New York 91 72- China 430 72 2- Moscow 73 -43↑ India 97 27 3- Hong Kong 71 224↓ Russia 93 -10 4- Beijing 68 115↓ UK 80 3 5- London 49 06- Germany 72 6 6- Mumbai 40 77- Switzerland 60 4 7↑ Shenzhen 34 78- Brazil 56 8 8↓ Taipei 33 5

9↑ Chinese Taipei 48 11 9↑ Shanghai 30 6

10- France 46 9 9↑ Sao Paulo 30 411↓ Japan 45 2 9- Paris 30 3

12- Canada 39 4 12↓ Istanbul 29 113↑ South Korea 33 6 13↓ Tokyo 28 1

13- Turkey 33 1 13↓ Seoul 28 115↓ Australia 32 3 15↑ Bangkok 27 10

16* Thailand 29 12 16↓ San Francisco 26 2

17↑ Italy 27 5 17↓ Singapore 22 -5

18↓ Singapore 26 -2 17- Los Angeles 22 2

19↓ Indonesia 24 -3 17↑ Hangzhou 22 3


20↓ Spain 19 -1 20↓ Dallas 17 0

20* New Delhi 17 2Source: Hurun Research Institute 2015

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

The USA: Ranks No 1 with 537 billionaires; 56 more than 2014. Technology, Media and Telecom (TMT) overtook investments to become the main source of wealth for American billionaires, followed by retail. TMT, investments and retail made up 125, 110 and 55 billionaires respectively. The combined wealth of the US billionaires was US$2.2 trillion. New York is America’s (and the world’s) city with the highest concentration of billionaires, with 91, followed by San Francisco and LA on 26 and 22 respectively. The USA is also the world’s capital for immigrant billionaires, attracting 211 billionaires. 386 self-made and 152 inherited billionaires. USA added 71 new billionaires. Average age of US billionaires 66.4.

China: Ranks No 2 with 430 billionaires, 72 more than last year. The combined net worth of the Chinese billionaires is US$1.2 trillion. Real Estate has generated most number of billionaires (119), followed by Manufacturing and TMT with 70 and 41 respectively. Led by Hong Kong and Beijing, 5 Chinese cities make the top 20 cities. Hong Kong, Beijing and Shenzhen are home to 71, 68 and 34 billionaires respectively. Average age of the billionaires is 58. 395 self made and 35 inherited. China is the number 1 in the world in terms of generating the most self-made billionaires akin to “rags to riches” – 90% of the Chinese billionaires.

India: Leapfrogged Russia and the UK to third place with 97 billionaires, 27 more than 2014. Manufacturing, Pharma and TMT are the preferred sectors with 23, 14 and 12 billionaires respectively. Combined wealth of the Indian billionaires comes to US$266bn. Mumbai is headquarters to most of the Indian billionaires. Mukesh Ambani (US$20bn, rank 41) is the richest Indian.

Russia: Comes in forth with 93 billionaires; 10 less than 2014. All are self-made. The most popular sectors are energy, real estate and financial services with 19, 13 and 11 billionaires respectively. Moscow is home to 73 billionaires. Combined wealth of the Russian billionaires comes to US$365bn. Overall wealth of Russian billionaires declined by 5%.

UK: Down one place to 5th with 80 billionaires, 2 more than 2014. With four new entrants, Mike Ashley, 50, of Sports Direct leads with a net worth of USD2.8 Bn. London is the overwhelming city of choice for 49 billionaires. Retail, real estate and TMT are the biggest wealth creators with 13, 12 and 9 billionaires respectively. UK billionaires have a combined wealth of US$244 billion. Overall wealth of UK billionaires dropped by 10%. Ukrainian-born Leonard Blavatnik and Indian origin SP Hinduja & family are the richest people living in the UK.

Germany: retains the 6th spot with 72 billionaires, despite having 6 more than 2014. With a 28% increase in net worth, Dieter Schwarz, 75, of Schwarz Group shoots to the top spot of the richest German billionaires. F&B, TMT and Retail are the most popular sectors with 16, 13 and 11 billionaires respectively. Hamburg is the preferred city with 9 billionaires living there.

Switzerland: 7th with 60 billionaires, 4 more than 2014. With 14 billionaires, Geneva is the No 1 city for billionaires in Switzerland. Preferred sectors are manufacturing (with 13 billionaires) and Pharma (with 12 billionaires). Combined wealth of the Swiss billionaires cumulates to US$188.3bn.


Brazil: 8th with 56 billionaires, 8 more than 2014. Combined wealth of the Brazilian billionaires totals US$148bn. Financial services is preferred industry with 12 billionaires followed Real Estate with 7 billionaires.

Japan: 11th with 45 billionaires, 2 more than 2014, despite the Yen losing 6% against the dollar. Combined wealth of the Japanese billionaires cumulates to US$112bn. The preferred sector is TMT with 17 billionaires followed by retail with 9. Tokyo is the preferred city.

France: 10th with 46 billionaires, 9 more than 2014. Combined wealth of the French billionaires is US$265bn. The preferred sector is luxury goods with 9 billionaires followed by F&B with 7 billionaires. Paris is the preferred city.

Chinese Taipei: 9th with 48 billionaires, 11 more than 2014. Taipei is the preferred city. Manufacturing is the preferred sector. Tsai Eng-Meng is the richest person (US$10bn).

Young & Rich

There were 40 billionaires under 40, up by a whopping 50% or 16 individuals. Led by Snapchat founders Evan Spiegel, 23, and Bobby Murphy, 25, the USA has the most (7), followed by China (3). 25% are women, of which Elizabeth Holmes, 30, is the youngest. 22 are self-made with 18 inherited.

Billionaires under 40 years – Hurun Global Rich List 2015

Age Name Wealth

US$Bn Main Company Self-made Scorecard Gender

Countryof Residence

24 Evan Spiegel 1.5 Snapchat 4 M USA26 Bobby Murphy 1.5 Snapchat 4 M USA

30Mark Zuckerberg 44 Facebook 4 M USA

30Dustin Moskovitz 13 Facebook 4 M USA

30Elizabeth Holmes 3.6 Theranos 4 F USA

30Anton Kathrein Jr 1.4 Kathrein Werke 3 M Germany

31

Albert von Thurn und Taxis 2.0 - 3 M Germany

31Nathan Blecharczyk 1.5 AirBnb 4 M USA

32 Scott Duncan 5.0Enterprise Products 1 M USA

32Eduardo Saverin 3.7 Facebook 4 M Singapore

32 Lynsi Torres 1.7 In N Out Burgers 3 F USA33 Joe Gebbia 1.5 AirBnb 4 M USA

33 Fahd Hariri 1.2

Turk Telekomunikasyon 3 M France

33 Kang Qiao 1.0 Searainbow 1 F China


34 Yang Huiyan 6.5 Country Garden 2 F China

34Marie Besnier Beauvalot 1.8 Lactalis 1 F France

34Mike Cannon-Brookes 1.2 Atlassian Corp 4 M Australia

34 Scott Farquhar 1.2 Atlassian Corp 4 M Australia35 Sean Parker 2.8 Facebook 4 M USA35, 34

Wang Qicheng & Wu Yan 1.3 Hakim 5 M, F China

36Naruatsu Baba 1.9 Colopl 4 M Japan

36 Robert Pera 1.6Ubiquity Networks 4 M USA

36 Garrett Camp 1.3Uber Technologies 4 M USA

36 Ayman Hariri 1.2

Turk Telekomunikasyon 3 M

Saudi Arabia

37

Alejandro Santo Domingo 14 Sab Miller 2 M USA

37Yvonne Bauer & family 2.6 Bauer Media 3 F Germany

37Yoshikazu Tanaka 1.5

Gree International 5 M Japan

37Maxim Nogotkov 1.3 Svyaznoy Retail 5 M Russia

37 Jack Dorsey 1.1 Twitter 4 M USA

38 Rahel Blocher 2.5 EMS Chemie 1 FSwitzerland

38Ciliandra Fangiono 1.8

First Resources Ltd 3 M Indonesia

38 Julia Oetker 1.5 Dr Oetker 2 F Germany

38Travis Kalanick 1.3

Uber Technologies 4 M USA

39 Lawrence Ho 3.4 Melco 2 M China

39Chase Coleman, III 2.0

Tiger Global Management 4 M USA

39Nicholas Woodman 1.9 GoPro 4 M USA

39Yusaku Maezawa 1.3 Start Today Co. 5 M Japan

39Miriam Blocher 1.2 EMS Chemie 1 F

Switzerland

39 Serra Sabanci 1.0 Sabanci Holding 1 F TurkeySource: Hurun Global Rich List 2015

Source of Wealth – Hurun Global Rich List 2015

Disruptive Value Creation supported by innovative technology has created more billionaires in the recent past


Industry No. of billionaires

Change in No. of billionaires

Richest person Company

1-Technology, Media and Telecoms

297 40 Larry Ellison Oracle

2- Real Estate 280 27 Li Ka-shing Cheung Kong3- Manufacturing 219 33 SP Hinduja Hinduja Group4- Investments 205 21 Bill Gates Microsoft5- Retail 174 -6 Amancio Ortega Inditex

6-Food & Beverages 156 18 Forrest Mars Mars

7- Energy 129 5 Charles & David Koch Koch Industry

8-Financial Services 118 3 Luis Carlos

Sarmiento Grupo Aval

9- Pharmaceuticals 89 7 Dilip Shanghvi Sun Pharma

10↑Logistics & Shipping 47 10 Jack Taylor &

familyEnterprise rent a car

11- Automobile 45 2 Susanne Klatten BMW

12- Mining 44 5 Georgina Rinehart Roy Hill Iron Ore Mine

13↑ Luxury Goods 32 -16 Bernard Arnault LVMH

14↑ Hospitality 30 1 Mohamed Bin Issa Al Jber Mbi Internation

Source: Hurun Global Rich List 2015 ↑ Rank increase yoy ↓ Rank decrease yoy - No Rank change yoy

Technology produced the most billionaires – 297, accounting for 11% of the entire list. 49 were newcomers, coming from Graham Holding, Dogan Holding, DB Corp, King Entertainment, Uber, Bet 365 and so on. Other tech stocks that shot up include JD.COM (346%), Xinwei Telecom (324%), Alibaba (245%), Xiaomi (198%), YonYou (123%), Baidu (80%), Excel (62%), Verlagsgruppe (60%) and Bharti Airtel (50%).

The US has the most number of tech billionaires, followed by China. The US has added more women tech billionaires, led by Sheryl Sandberg of Facebook. The richest tech billionaire is Laurene Powell Jobs (US$18bn, rank 70), widow of Steve Jobs.

Other Points of Note

The youngest is Elizabeth Holmes, 30, of Theranos, a revolutionary blood analytics company based in USA. Theranos board members include 3 former cabinet secretaries, 2 former senators, a retired CentCom Commander, a retired Navy admiral and a former director for Centre of Disease Control and Prevention.


Nicholas Woodman, an amateur photographer, founded GoPro which went public last year, netting Woodman US$1.9bn.

Valued at US$11bn, Shiv Nadar, 69, of HCL is an aggressive mission to impart literacy in India, and is one of the Top 3 philanthropists in India.

Ones to watch. Uber, Airbnb, Pinterest, Xiaomi and Dropbox are in the pipeline for big tech IPO deals expected in 2015.

Women. More than one in ten are female, 279 women in total. 69 are self-made of which 35 are from China, 16 from USA and 7 from the UK. The oldest is from China, Yik-Chun Koo Wang, 98, co-founder of Johnson Electric. The youngest is Elizabeth Holmes, 30, of Theranos, a healthcare technology company in the USA.

Ones to watch. Uber, Airbnb, Pinterest, Xiaomi and Dropbox are in the pipeline for big tech IPO deals expected in 2015.

Jack Ma & family shot up to 33 after Alibaba’s record-breaking US$25bn IPO in New York in September 2014. Other billionaires of interest minted through IPO include Rocket Internet.

Politically active. Charles and David Koch fund political activities that promote free market principles. Saad Hariri, former Prime Minister of Lebanon, ranks 1094. 6 ruling royal families, including Saudi Arabia, Brunei, UAE, Morocco, Thailand and Liechtenstein.

121 billionaires own Fortune Global 500 companies, 74 from USA, 10 from China.

Billion dollar divorce: Sue Ann Hamm received a US$1bn settlement from Harold Hamm after their 23 year marriage, ranking her in her own right at number 1911.

Richest family in world. Were the Wal-mart fortunes to be combined, the Walton family would have US$138bn, up US$9bn this year, making them the richest family in the world by far.

The 41-year old Google founders Larry Page and Sergey Brin retains their fort in Top 20, despite a stagnant year for Google.

Gérard Mulliez & family saw his wealth increase 25%, pushing him up 11 places to 18, thanks to a strong performance of Auchan, a large retailer in Europe.

Carl Icahn, 78. The legendary investor had a fantastic run this year, improving 66% to US$29bn and up 26 places to number 22.

Big philanthropy. Jack Ma and Joe Tsai of Alibaba donated US$2.4bn worth of Alibaba stock. Mark Zuckerberg and wife Priscilla Chan have donated US$2bn to charity. Ronnie Chan, of Hang Lung Properties, donated US$350 million to Harvard Medical School.

Jim Breyer of Accel Partners in the USA saw his wealth rise 130%. Breyer was an early investor in Facebook & Real Networks.


Oldest. The oldest billionaires on the list are 99 year old David Rockefeller Sr (US$1.4bn, rank 1392) and Taiwanese Lin Yu-Chia (US$1.1bn, rank 1760), followed by two 98 year old billionaires; investor Henry Hillman ($2.4bn, rank 594) and Chinese Yik-Chun Koo Wang (US$2.7bn, rank 446).

16 billionaires from last year’s Hurun Global Rich List died at the relatively advanced age of 85. They included:

Name Company AgeKarl Albrecht Aldi Sud 94Antonio Ermirio de Moraes & family Votorantim Participacoes 86Harold Simmons Valhi 83Tsai Wan-Tsai & family Fubon 85S. Truett Cathy Chick - Fil - A 93Paul Desmarais Power Financial Oration 88Patrick McGovern IDG 77Malcolm Glazer & family Manchester United 86Paul Ramsay Ramsay Health Care 78David Azrieli & family Azrieli Group 92Robert Holding Sinclair Oil 88George Mitchell Devon Energy Oration 95Michael Heisley Sr Heico Companies 77William C. Ford Sr Ford Motor 89Emilio Yap Phil Trust Bank 89Abdul Razzaq Yaqoob & family ARY Group 70

Source: Hurun Research Institute 2015

Billionaires by Continent – Hurun Global Rich List 2015

56% of new billionaires reside in Asia. Asia is drawing away from North America with 191 new billionaires to take it to 943 individuals, followed by North America with 589 billionaires and Europe 401.

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

With a cumulative net worth of US$80bn, Africa has 31 billionaires on the Hurun Global Rich List 2015. Aliko Dangote, 57, of Dangote Cements leads the pack with US$17bn, breaking into the Top 100. Brahim Zniber, 94, of Belvedere Winery is a new face on the list with US$6.8bn.

Continent No. of billionaires

Change in No of billionaires YoY

Combined wealth US$ Bn

1 Asia 943 119 2523 2 North America 589 61 2385 3 Europe 401 29 1445


4 South America 92 11 267 5 Oceania 33 2 75 6 Africa 31 -2 80

Source: Hurun Global Rich List 2015

European Union – A quick look

The EU has 323 billionaires this year. Average age of billionaires in the EU is 65, one year higher than the overall list.

Billionaires by EU country

Country No. of Billionaires Average Age Top IndustryUK 80 65.1 RetailGermany 72 64.6 Food & BeveragesFrance 46 66.7 Luxury GoodsItaly 27 66.9 RetailSpain 19 68.1 Real EstateAustria 16 68.9 ManufacturingDenmark 12 60.7 ManufacturingNetherlands 12 69.7 Food & BeveragesSweden 11 64.8 Retail

Source: Hurun Research Institute

Chinese Diaspora: Where they live – Hurun Global Rich List

Chinese diaspora. 529 billionaires are of Chinese origin. Outside of Greater China, the Chinese diaspora are based predominantly in South East Asia, led by Singapore and Indonesia.

8 are based in the USA: John Tu and David Sun, both of Kingston Technology, Roger Wang of Golden Eagle, Jerry Yang of Yahoo!, Andrew & Peggy Cherng of Panda Express, Chen Tei-Fu of Sunrider and Cher Wang & Chen Wen-Chi of HTC, Duan Yongping of BBK.

Residence No. of Billionaires

1 Greater China 478

2 Singapore 14

3 Indonesia 10

4 USA 8

5 Malaysia 7

6 Philippines 6

7 Thailand 5

8 Australia 1Source: Hurun Global Rich List 2015


Stats

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

Rank on List 2015 Cut-off required US$bn

2014 Cut-off required US$bn

2013 Cut-off required US$bn

10 36 36 30100 12 11.5 10.5200 5.9 6.9 6.1500 2.6 3.4 2.91000 1.9 2 1.5


Currency fluctuations

Global currency witnessed a highly volatile year with an average 14% drop against the US Dollar. The Ukrainian Hryvnia dropped 49% to the US dollar, followed by Russian Rouble.

Currency fluctuations against the US Dollar – Hurun Global Rich List 2015

Country % drop in currency % Change in Wealth1 Ukraine 49% -14%2 Russia 46% -22%3 Argentina 41% -24%4 Norway 27% -55%5 Japan 26% -18%6 Brazil 24% -21%7 Colombia 24% 20%8 South Africa 24% -29%9 Turkey 23% -11%10 Australia 23% -30%


Stock Exchanges

China has more billionaires listed on its stock exchanges than the USA, leading with 290 compared with 220 billionaires listed in the USA. The Chinese Shenzhen had a good year, with a gain of 42%, followed by India (32%) and Indonesia (21%). NYSE returned 9% while London Stock Exchange returned a declined growth of -3%.

Chinese Star Signs

Billionaires born in the years of the snake and horse lead the way. Billionaires born in the Year of the Sheep, which starts on 19 February, come in at 6th place.


Star Sign %1 Snake 9.5%2 Horse 9.2%3 Dragon 9.0%3 Ox 9.0%5 Rabbit 8.8%6 Sheep 8.3%7 Monkey 8.1%8 Rat 8.0%9 Dog 7.8%10 Tiger 7.7%11 Pig 7.4%12 Rooster 7.2%

Table: Top 100 - Hurun Global Rich List 2015

　 Change in Rank

Name Wealth US$Bn

% change Main Company Age

Country of Residence

Self-Made Score

1 0 Bill Gates 85 25% Microsoft 59 USA 42 2 Carlos Slim Helu & family 83 38% America Movil 75 Mexico 4

3 -1 Warren Buffett 76 19%Berkshire Hathaway 84 USA 5

4 -1 Amancio Ortega 55 -11% Inditex 78 Spain 55 0 Larry Ellison 54 13% Oracle 70 USA 56 0 Bernard Arnault 45 -2% LVMH 65 France 47 11 Mark Zuckerberg 44 42% Facebook 30 USA 48 1 Charles Koch 36 0% Koch Industries 79 USA 38 1 David Koch 36 0% Koch Industries 74 USA 38 15 Dieter Schwarz 36 29% Schwarz Group 75 Germany 311 2 Alice Walton 35 8% Wal-Mart 65 USA 211 3 Christy Walton & family 35 9% Wal-Mart 59 USA 113 1 Jim Walton 34 6% Wal-Mart 66 USA 213 1 Robson Walton 34 6% Wal-Mart 70 USA 215 -4 Liliane Bettencourt 33 -3% L'Oreal 92 France 216 -4 Li Ka-shing 32 -3% Cheung Kong 87 China 517 1 Larry Page 31 0% Google 41 USA 418 3

Alwaleed Bin Talal Alsaud 30 3%

Kingdom Holding Company 59

Saudi Arabia 3

18 11 Gérard Mulliez & family 30 25% Auchan 83 France 51 3 Karl Albrecht Jr 30 3% Aldi Sud 66 Germany 3


818 2 Sergey Brin 30 0% Google 41 USA 522 26 Carl Icahn 29 66%

Icahn Enterprises 78 USA 4

22 -15 Jeff Bezos 29 -22% Amazon 51 USA 424 14 George Soros 28 47%

Soros Fund Management 84 USA 5

24 -16 Sheldon Adelson 28 -23%

Las Vegas Sands 81 USA 5

24 -10 Stefan Persson 28 -13%

Hennes & Mauritz 67 Sweden 3

27 7 Lee Shau Kee 26.5 26% Henderson Land 87 China 528 13 Forrest Mars Jr 26 44% Mars 84 USA 228 -4 Ingvar Kamprad & family 26 -4% Ikea 88 Switzerland 528 13 Jacqueline Mars 26 44% Mars 75 USA 228 13 John Mars 26 44% Mars 80 USA 228 108 Li Hejun 26 186% Hanergy 48 China 5

33 -7 Wang Jianlin & family 25 0% Wanda 51 China 5

34 158 Jack Ma & family 24.5 245% Alibaba 51 China 5

35 -4 Bertrand Puech & family 24 9% Hermes 78 France 336 -6 David Thomson & family 22 -4%

Thomson Reuters 57 Canada 3

36 -5 Michele Ferrero & family 22 0% Ferrero Rocher 88 Monaco 336 13 Steve Ballmer 22 29% Microsoft 59 USA 439 -15 Michael Bloomberg 21 -22% Bloomberg 72 USA 439 -4 Theo Jr Albrecht & family 21 5% Aldi Nord - Germany 341 0 Mukesh Ambani 20 11%

Reliance Industries 57 India 3

41 -10 Rinat Akhmetov 20 -9%

System Capital Management 48 Ukraine 5

43 -8 Zong Qinghou & family 19 -5% Wahaha 70 China 5

43 -2 Leonardo Del Vecchio 19 6% Luxottica 79 Italy 443 10 Phil Knight 19 15% Nike 77 USA 443 -5 Tadashi Yanai 19 0% Fast Retailing 65 Japan 447 7 Charles Ergen 18 13% Dish Networks 61 USA 4

47 -12 Haji Hassanal Bolkiah 18 -10%

Brunei Investment Agency 68 Brunei 2

47 23

Laurene Powell Jobs & family 18 29% Apple 51 USA 1

4 -6 Leonard Blavatnik 18 0% Lyondellbasell 57 UK 5


747 72 Robin Li & Melissa Ma 18 80% Baidu 47,

45 China 5

47 46 SP Hinduja & family 18 50% Hinduja Group - UK 353 -27 Aliko Dangote 17 -32% Dangote Cement 57 Nigeria 553 24 Dilip Shanghvi 17 26% Sun Pharma 59 India 453 17 Donald Bren 17 21% Irvine Company 82 USA 453 New Jose Said Saffie 17 New Parque Arauco 84 Chile 453 -4 Masayoshi Son 17 0% Softbank 59 Japan 553 17 Pony Ma 17 21% Tencent 44 China 5

59 -5 Robert Kuok 16.5 3% Kuok Group 91 China 4

60 -12 Cheng Yu-tung 16 -9%

New World Development /Chow Tai Fook 90 China 4

60 -6 Georgina Rinehart 16 0%

Roy Hill Iron Ore Mine 60 Australia 3

60 -2 Michael Otto & family 16 3% Otto Group 71 Germany 460 33 Pallonji Mistry & family 16 33% Tata Sons 86 India 360 -6 Viktor Vekselberg 16 0% Renova Group 58 Russia 560 10 Vladimir Potanin 16 14% Interros 54 Russia 466 11 Abigail Johnson 15 11% Fidelity 53 USA 366 -2

German Larrea Mota Velasco & family 15 3% Grupo Mexico 72 Mexico 5

66 4 Harold Hamm 15 7%

Continental Resources 69 USA 4

66 -25

Khalifa bin Zayed Al Nahyan 15 -17% SBK Holdings 66 UAE 2

66 4 Paul Allen 15 7% Vulcan Inc 62 USA 466 33 Ray Dalio 15 30%

Bridgewater Associates 65 USA 5

66 -5 Susanne Klatten 15 0% BMW 53 Germany 273 -47 Lui Che Woo 14.5 -42%

Galaxy Entertainment 86 China 5

74 11

Alejandro Santo Domingo 14 12% Sab Miller 37 USA 2

74 -34 Alisher Usmanov 14 -24% Megafon 61 Russia 474 3 Azim Premji 14 4% Wipro 70 India 574 New Bhumibol Adulyadej 14 New CPB Holdings 87 Thailand 274 -4 Francois Pinault & family 14 0% Kering 79 France 474 31

Gerald Grosvenor & family 14 27% Grosvenor 63 UK 2

7 45 Henry Sy & family 14 40% Sm Prime 90 Philippines 5


4 Holding74 -16 Iris Fontbona & family 14 -10% Quinenco 72 Chile 174 7 James Simons 14 8%

Renaissance Technologies 76 USA 4

74 7 John Paulson 14 8% Paulson & Co 59 USA 474 -16 Jorge Paulo Lemann 14 -10% Ambev 75 Brazil 474 -25 Lakshmi N Mittal 14 -18% ArcelorMittal 64 UK 474 265 Lei Jun 14 198%

Xiaomi Technology 46 China 5

74 11 Luis Carlos Sarmiento 14 12% Grupo Aval 82 Colombia 474 -13

Mohammed bin Rashid Al Maktoum 14 -7% Dubai Holdings 65 UAE 2

74 57 Patrick Soon-Shiong 14 52% Nant Works 62 USA 474 85 Roman Abramovich 14 75% Millhouse 49 UK 574 -10 Ronald Perelman 14 -3% Scientific Game 72 USA 474 -10 Serge Dassault & family 14 -3% Dassault System 89 France 3

74 436

Yan Jiehe & Yan Hao 14 324%

China Pacific Construction Croup

55 China 5

94 -13 Anne Cox Chambers 13 0% Cox Enterprise 95 USA 294 35 Dustin Moskovitz 13 40% Facebook 30 USA 494 -33 Mikhail Fridman 13 -13% Alfa Group 50 Russia 594 -13 Rupert Murdoch 13 0% News Corp 83 USA 394 -30 Stefan Quandt 13 -10% BMW 48 Germany 299 -6

Ernesto Bertarelli & family 12 0% Serono 49 Switzerland 3

99 -35 Joseph Safra 12 -17% Grupo Safra 76 Brazil 499 0 Michael Dell 12 4% Dell 49 USA 499 47

Ricardo Salinas Pliego & family 12 41% Grupo Elekta 59 Mexico 3

99 13 Tos Chirathivat & family 12 14% Central Group 50 Thailand 3

About Star River Property

Star River Property is proud to be the title sponsor of the Hurun Global Rich List for the second year.

Star River Property is a privately-held luxury real estate developer, headquartered in Guangzhou, China. With flagship residential developments in Guangzhou, Beijing, Shanghai, Macau and Taiyuan


in Shanxi province, Star River is currently expanding into Shenyang in the North East of China and Xian in Shaanxi province. Star River has won numerous awards for its design, gardens and hotels.

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 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 three main platforms: Hurun Report Media, a stable of two digital media and four magazines; Hurun Research Institute; and Hurun Conferences, an active events division targeting entrepreneurs and high net worth individuals.

In 2014, Hurun Report Conferences hosted 80 conferences across China, with 10 in the US, UK, India, Switzerland, Singapore, Luxembourg and Paris.

The flagship Hurun Report magazine is published monthly and reaches the households of 116,000 proven wealthy Chinese individuals and their advisers. Hurun Report is best known for its annual Hurun China Rich List, widely considered the bible of wealth and de-facto Who’s Who of Chinese business.

Hurun Report Inc. also publishes Horse & Polo, The Schools Guide Series and Wings & Water.

Horse & Polo provides in-depth coverage about horse related issues including features on Polo, Dressage, Horse Racing, Bloodstock as well as Dogs and Croquet. The magazine is designed to be the glamorous companion for wealthy Chinese with a passion for horses.

The Schools Guide Series explains the respective education systems of various destinations such as the UK, US, Canada, Australia and New Zealand, Switzerland and Singapore, issues parents need to take into consideration when making the transition from the Chinese system, and lists the top preparatory, secondary and undergraduate schools.

Wings & Water is for the so-called lion kings of China; those individuals who lead industry and shape opinions. It addresses the needs of those entrepreneurs looking to purchase a jet or yacht, as well as setting out how to maintain these big and costly machines.

For further information, see www.hurun.net

For media inquiries, please contact:

Hurun Report

Porsha Pan

Tel: +86-21-50105808*601

Mobile: +86-139 1838 7446


http://www.hurun.net/

Email: [email protected]


Documents

up.hurun.netup.hurun.net/Hufiles/201502/20150204143740291.docx · Web viewAlbert von Thurn und Taxis 2.0-3 M Germany 31 Nathan Blecharczyk 1.5 AirBnb 4 M USA 32 Scott Duncan 5.0 Enterprise