Money Meet the world's 50 richest billionaires of 2017

13:10  04 december  2017
13:10  04 december  2017 Source:   Business Insider Australia

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Using the calculations from the Bloomberg Billionaires Index, we put together a list of the 50 richest people in the world . Lakshmi Mittal, chief executive officer of ArcelorMittal, arrives for a meeting with France' s Prime Minister Edouard Philippe at the Hotel Matignon in Paris, France, July 31, 2017 .

Business InsiderDecember 1, 2017 . Related Articles. From tech tycoons to luxury car heiresses, here are the 50 richest people on earth. SEE ALSO: Meet the world ’ s 10 richest black billionaires .

Jeff Bezos with collar shirt© Provided by Business Insider Inc

There's rich. And then there's world's richest people rich.

To make it into the latter group, you need a net worth of at least $US19.1 billion.

Using the calculations from the Bloomberg Billionaires Index, we put together a list of the 50 richest people in the world. Bloomberg updates its data at the close of every trading day in New York, and our list is based on the latest data available for November 30. Since Bloomberg News doesn't report on Bloomberg LP, we added him using his estimated net worth from Forbes.

The majority of the billionaires on the list are self-made self-starters who built business empires in tech, finance, fashion, and sports. A few inherited stakes in their family's companies.

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And then there's world ' s richest people rich . To make it into the latter group, you need a net worth of at least .1 billion. × Email to friend. Meet the World ' s 50 Richest Billionaires of 2017 . From.

And then there’s world ’ s richest people rich . To make it into the latter group, you need a net worth of at least .1 billion. Using the calculations from the Bloomberg Billionaires Index, we put together a list of the 50 richest people in the world .

From tech tycoons to luxury car heiresses, here are the 50richest people on earth.

50. William Ding

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Ding Lei, also known as William Ding, is the founder and CEO of NetEase, which operates online games.

Net worth: $US19.1 billion

Amazon's Jeff Bezos surpasses $100B net worth

  Amazon's Jeff Bezos surpasses $100B net worth Business mogul Jeff Bezos' net worth jumped above $100 billion on Friday amid optimism for Amazon's Black Friday sales. Bloomberg reported that the Amazon CEO's fortune surged $2.4 billion to $100.3 billion, after the retailer's shares grew more than 2 percent on B lack Friday.In passing the $100 billion mark, Bezos, 53, has become the first billionaire to hit the milestone since 1999. The last billionaire to do so was Microsoft co-founder Bill Gates.This year alone, Bezos' fortune has increased by $32.6 billion - more than anyone else on the Bloomberg Billionaire Index.

Meet The World S 50 Richest Billionaires Of 2017 PDF. Meet the world s 50 richest billionaires of 2017 Most of the billionaires who made the world ' s richest people list are self-made self-starters who built business empires in tech, finance, fashion, and sports.

Using the calculations from the Bloomberg Billionaires Index, we put together a list of the 50 richest people in the world . Meet The Secretive 24-Year-Old From Hong Kong Who Is The World ' s New Youngest Billionaire .

Age: 45

Citizenship: China

Saudi Arabia could net $100 billion from its unprecedented corruption crackdown

  Saudi Arabia could net $100 billion from its unprecedented corruption crackdown Two BBC journalists were recently allowed to visit the Ritz Carlton in Saudi Arabia's capital, Riyadh. More than 200 of the kingdom's richest and most powerful people are being held at the luxury hotel.Saudi Arabia could make billions of dollars from its unprecedented corruption crackdown, according to a new BBC report.

From tech tycoons to luxury car heiresses, here are the 50 richest people on earth. SEE ALSO: Meet the world ’ s 10 richest black billionaires . DON’T MISS: 27 cities around the world where expats are happy, rents are affordable, and jobs are plentiful.

Published 4: 50 am, Friday, December 1, 2017 . Mike Segar/Reuters. SEE ALSO: Meet the world ' s 10 richest black billionaires .

Industry: Technology

Source of wealth: Self-made; NetEase

49. Carl Icahn

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Carl Icahn founded his own investment firm in 1968, and has invested in a number of high-profile companies over the years, including RJR Nabisco, Philips Petroleum, Viacom, Marvel, Time Warner, Netflix, Herbalife, and Apple.

Net worth: $US19.2 billion

Age: 81

Citizenship: United States

Industry: Diversified

Source of wealth: Self-made; Icahn Enterprises

48. Tadashi Yanai

Tadashi Yanai is the the founder and president of Fast Retailing, which owns retailer Uniqlo.

Net worth: $US19.6 billion

Age: 68

Citizenship: Japan

Industry: Retail

Source of wealth: Self-made

47. Elon Musk

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Elon Musk is the CEO of Tesla, which makes electric cars. He's also the CEO of SpaceX and founded OpenAI and Neuralink.

Net worth: $US19.9 billion

As Amazon Shares Fall, Jeff Bezos Is No Longer A Centi-Billionaire

  As Amazon Shares Fall, Jeff Bezos Is No Longer A Centi-Billionaire Amazon CEO Jeff Bezos' two day streak as the world's only centi-billionaire is over -- for now.Bezos’ net worth topped $100 billion for the first time on Cyber Monday as Amazon shares soared. On Wednesday, his net worth fell $2.2 billion to $98 billion, as Amazon stock dropped more than 2% from Tuesday’s close as of 1:45 p.m. Eastern Time. Because Bezos owns more than 16% of Amazon, small fluctuations in Amazon’s stock have billion-dollar consequences for his net worth.

And then there's world ' s richest people rich . Group - Worth. Using the calculations from the Bloomberg Billionaires Index, we put together a list of the 50 richest people in the world .

To make the 2017 list of the 50 richest people in the world , it takes a net worth of at least .1 billion.Mike Segar/Reuters. We put together a list of the world ’ s richest people, using data from Bloomberg. The majority of the billionaires on the list are self-made

Age: 46

Citizenship: United States

Industry: Technology

Source of wealth: Self-made

46. Stefan Quandt

Stefan Quandt inherited a stake in Bayerische Motoren Werke, which owns BMW and Rolls-Royce.

Net worth: $US20.0 billion

Age: 51

Citizenship: Germany

Industry: Industrial

Source of wealth: Inherited; BMW

45. Len Blavatnik

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Soviet-born American Len Blavatnik founded Access Industries in 1986. It began with only Russian investments, but now includes a diverse portfolio. He purchased a 20% stake in Tory Burch, now a retail powerhouse, in 2004, becoming the first and largest outside investor in the company.

Net worth: $US20.0 billion

Age: 60

Citizenship: United States

Industry: Diversified

Source of wealth: Self-made; Access Industries

44. Yang Huiyan

Yang Huiyan controls Chinese real estate developer Country Garden Holdings. According to Bloomberg, her father co-founded the company in 1992 and then transferred his stake to her in 2005.

Net worth: $US20.4 billion

Age: 36

Citizenship: China

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Using the calculations from the Bloomberg Billionaires Index, we put together a list of the 50 richest people in the world . Meet the richest individual in every US state. The 500 wealthiest people in the world made …

The world ’ s richest people The 2017 “ World Inequality Report” (compiled by economists such as Thomas Piketty and Emmanuel Saez) found that the 1 percent reaped 27 percent of the world ’ s income between 1980 and 2016.

Industry: Real Estate

Source of wealth: Inherited; Country Garden Holdings

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Africa s 50 Richest List Forbes Africa s Billionaires : Forbes ranks Africa s wealthiest businesspeople. Meet the billionaires who run Trump s government At this time Bill Gates was the richest man in the United States with a net The Top 20 Richest People in the World 2017 Wealthy Gorilla The Top 20

December 1, 2017 admin. We put together a list of the world ’ s richest people, using data from Bloomberg. From tech tycoons to heiresses, here are the 50 richest people on earth. SEE ALSO: Meet the world ’ s 10 richest black billionaires .

43. Thomas Peterffy

Thomas Peterffy is the chair, CEO, and founder of Interactive Brokers Group, a huge electronic broker.

Net worth: $US21.0 billion

Age: 73

Citizenship: United States

Industry: Finance

Source of wealth: Self-made; Interactive Brokers

42. Stefan Persson

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Stefan Persson's father founded a women's clothing store, Hennes, in 1947, and later acquired a men's clothing store, Mauritz Widorss, in 1968 - creating Hennes & Mauritz. Or as it's known today, H&M.

Persson eventually joined his father after finishing school, and succeeded him as CEO later. Persson remains the chairman and largest shareholder, but in 2009, his son, Karl-Johan, took over the company.

Net worth: $US21.0 billion

Age: 70

Citizenship: Sweden

Industry: Retail

Source of wealth: Inherited/self-made; H&M

41. Leonardo del Vecchio

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Leonardo del Vecchio started Luxottica, the eyewear powerhouse, in 1961 in Milan. It owns Sunglass Hut, Ray-Ban, and Oakley, and manufacturers glasses for a large number of luxury brands.

Net worth: $US21.1 billion

Age: 82

Citizenship: Italy

Industry: Consumer goods

Source of wealth: Self-made; Luxottica Group

40. Lee Kun Hee

Lee Kun Hee is the chairman of Samsung Electronics, which is known for its consumer electronics division. He remains hospitalized after suffering a heart attack in 2014.

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Net worth: $US21.4 billion

Age: 75

Citizenship: Republic of Korea

Industry: Diversified

Source of wealth: Inherited; Samsung Electronics

39. Michael Dell

Michael Dell started PC Ltd., the predecessor to Dell Inc., while he was a premed student in 1984. He dropped out of college to build computers full time, and the company went public by the time he was 23.

Net worth: $US21.7 billion

Age: 52

Citizenship: United States

Industry: Technology

Source of wealth: Self-made; Dell

38. Serge Dassault

Serge Dassault is the CEO of Dassault Group, which has a controlling stake in military jet maker Dassault Aviation.

Net worth: $US21.9 billion

Age: 92

Citizenship: France

Industry: Industrial

Source of wealth: Inherited; Dassault Group

37. Susanne Klatten

Susanne Klatten inherited a stake in Bayerische Motoren Werke, which owns BMW and Rolls-Royce.

Net worth: $US22.6 billion

Age: 55

Citizenship: Germany

Industry: Industrial

Source of wealth: Inherited; BMW

36. Georg Schaeffler

After serving in the German military and working in corporate law stateside, Georg Schaeffler joined his father's company Schaeffler Group, which manufactures ball bearings for auto, aerospace, and industrial use. He is the chair and majority owner.

Net worth: $US23.2 billion

Age: 53

Citizenship: Germany

Industry: Industrial

Source of wealth: Inherited/self-made; Schaeffler Group

35. Paul Allen

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Paul Allen, Microsoft co-founder, left the company before it went public. He remained a board member until 2000, and reduced his stake in the firm over time. He also founded Vulcan, his private investment vehicle.

Net worth: $US23.6 billion

Age: 64

Citizenship: United States

Industry: Technology

Source of wealth: Self-made; Microsoft

34. Giovanni Ferrero

Giovanni Ferroro controls Ferrero SpA, which makes Ferrero chocolates, Nutella, Kinder chocolates, and Tic Tacs.

Net worth: $US23.8 billion

Age: 53

Citizenship: Italy

Industry: Food and beverage

Source of wealth: Inherited; Ferrero Group

33. Dieter Schwarz

Dieter Schwarz joined his father's business in 1973 and soon opened the company's first discount supermarket. After his father died, he took over as CEO and expanded the business outside of Germany. The company operates Lidl, a grocery-store chain, and Kaufland, which is similar to Walmart.

Net worth: $US24.0 billion

Age: 78

Citizenship: Germany

Industry: Retail

Source of wealth: Self-made; Schwarz Gruppe

32. Lee Shau Kee

Lee Shau Kee founded Henderson Land Development, which grew into a top real-estate developer in Hong Kong and China, in 1973.

Net worth: $US24.6 billion

Age: 89

Citizenship: Hong Kong

Industry: Real Estate

Source of wealth: Self-made; Henderson Land Development

31. Francois Pinault

Francois Pinault founded luxury goods group Kering, which controls Gucci and Puma, among others.

Net worth: $US25.1 billion

Age: 81

Citizenship: France

Industry: Consumer

Source of wealth: Self-made; Kering

30. Phil Knight

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Back in the 1960s, Phil Knight started a company that distributed Japanese sneakers in the US under the name Blue Ribbon Sports - which was the predecessor to Nike. He transformed a passion for running into a full blown sneaker and celebrity athletes empire.

Net worth: $US26.6 billion

Age: 79

Citizenship: United States

Industry: Consumer

Source of wealth: Self-made; Nike

29. Wang Jianlin

Wang Jianlin is the founder and chair of conglomerate Dalian Wanda Group, which has interests in a large number of companies, including property development, department stores, and entertainment.

Net worth: $US28.4 billion

Age: 63

Citizenship: China

Industry: Real Estate

Source of wealth: Self-made; Dalian Wanda Group

28. Jorge Paulo Lemann

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Jorge Lemann worked as a journalist and professional tennis player before jumping into finance in 1971. He co-founded 3G Capital in 2004, and has become known for his affinity for merges and acquisitions.

Net worth: $US30.6 billion

Age: 78

Citizenship: Brazil

Industry: Food and beverage

Source of wealth: Self-made; 3G Capital

27. and 26. John Mars and Jacqueline Mars

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Siblings John, Jacqueline, and the late-Forrest Mars inherited a stake in Mars, Inc. after their father died in 1999. The siblings are notoriously private, and don't actively manage the candy maker company. But they do run the Mars Foundation, which gives primarily to educational, environmental, cultural, and health-related causes.

Net worth: $US33.5 billion each

Age: 82, 78

Citizenship: United States

Industry: Food and beverage

Source of wealth: Inherited; Mars Inc.

25. Li Ka-Shing

Li Ka-shing dropped out of school at 16 to support his family by working in a factory making plastic flowers. He opened his own factory six years later - the predecessor to today's CK Hutchinson Holdings, which has interests in real estate, energy, and telecoms.

Net worth: $US33.5 billion

Age: 89

Citizenship: Hong Kong

Industry: Real Estate

Source of wealth: Self-made; CK Hutchinson Holdings

24. Steve Ballmer

Steve Ballmer dropped out of business school at Stanford to become Microsoft's first business manager with a salary of $US50,000 and a stake in the company. He eventually became CEO after Bill Gates stepped down and held the post until Satya Nadella replaced him in 2014.

Net worth: $US33.9 billion

Age: 61

Citizenship: United States

Industry: Technology

Source of wealth: Self-made; Microsoft

23. Sheldon Adelson

Sheldon Adelson and partners developed Computer Dealer's Exhibition (COMDEX), one of the largest trade shows in Las Vegas. He sold the company to Japan's Softbank for $US860 million in 1995, and used the money to finance his purchase of the Sands Casino. He demolished that, and built the Venetian Casino Resort and the Sands Expo Convention Center in its place. In 2015, he bought Nevada's largest newspaper.

Net worth: $US34.8 billion

Age: 84

Citizenship: United States

Industry: Entertainment/Real Estate

Source of wealth: Self-made; Las Vegas Sands

22. Hui Ka Yan

Hui chairs China Evergrande Group, a property developer that has worked on hundreds of projects across nearly 200 cities in China.

Net worth: $US36.0 billion

Age: 58

Citizenship: China

Industry: Real Estate

Source of wealth: Self-made; China Evergrande Group

21. Mukesh Ambani

After his father died in 2002, Mukesh Ambani took over as chairman of Reliance Industries. He now controls about 40% of the company, which owns the world's largest oil refining complex.

Net worth: $US40.9 billion

Age: 60

Citizenship: India

Industry: Energy

Source of wealth: Inherited/self-made; Reliance Industries

20. Pony Ma

Ma Huateng, also known as Pony Ma, founded Tencent Holdings, which has a number of Internet and communication platforms in its portfolio, in 1998 when he was 26. Among others, its platforms include WeChat and QQ.

Net worth: $US41.5 billion

Age: 46

Citizenship: China

Industry: Technology

Source of wealth: Self-made; Tencent Holdings

19. Francoise Bettencourt Meyers

Francoise Betterncourt Meyers is now the heiress to the L'Oreal cosmetics fortune after her mother's death in September 2017. She controls 33% of the company, according to Bloomberg.

Net worth: $US44.3 billion

Age: 63

Citizenship: France

Industry: Consumer

Source of wealth: Inherited; L'Oreal Group

18. Alice Walton

Alice Walton is the youngest heir to Helen and Sam Walton's Walmart fortune. She hasn't taken an active role in running the superstore empire, but she co-manages Walton Enterprises, one of the family's two holding companies.

Net worth: $US45.0 billion

Age: 68

Citizenship: United States

Industry: Retail

Source of wealth: Inherited; Walmart

17. Jim Walton

James "Jim" Walton is the youngest son of Walmart founders Helen and Sam Walton. He co-manages Walton Enterprises, the holding company for the Walton family assets.

Net worth: $US45.8 billion

Age: 69

Citizenship: United States

Industry: Retail

Source of wealth: Inherited; Walmart

16. Rob Walton

Samuel Robson "Rob" Walton is the oldest son of Walmart founders Helen and Sam Walton. He started working at the superstore empire back in 1969 and served as chairman from 1992 to 2015.

Net worth: $US46.3 billion

Age: 73

Citizenship: United States

Industry: Retail

Source of wealth: Inherited; Walmart

15. Jack Ma

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Jack Ma started e-commerce company Alibaba with just $US60,000 in 1999. Fifteen years later, it broke records with a $US25 billion initial public offering.

Net worth: $US46.6 billion

Age: 53

Citizenship: China

Industry: Technology

Source of wealth: Self-made; Alibaba

14. David Koch

David Koch runs Koch Industries as executive vice president with his brother, Charles. Koch Industries manufactures, refines, and distributes a wide range of things, including chemicals, energy, minerals, and more.

Net worth: $US47.6 billion

Age: 77

Citizenship: United States

Industry: Industrial

Source of wealth: Self-made; Koch Industries

13. Charles Koch

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Charles Koch runs Koch Industries as chairman and CEO with his brother, David. In addition to their conglomerate, the two brothers are major political influencers.

Net worth: $US47.6 billion

Age: 82

Citizenship: United States

Industry: Industrial

Source of wealth: Self-made; Koch Industries

12. Michael Bloomberg

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After being fired by Salomon Brothers, Bloomberg founded his eponymous financial-data firm in 1981. He added the news and media subsidiary in 1990, but the majority of Bloomberg LP's revenue continues to come from the sale of terminals. He later served as mayor of New York City for three terms.

Net worth: $US48.9 billion (according to Forbes)

Age: 75

Citizenship: United States

Industry: Financial Services/Media

Source of wealth: Self-made; Bloomberg LP

11. Sergey Brin

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Sergey Brin co-founded Google with Larry Page back in 1998. He is now the president of Alphabet, which is the company that owns Google.

Net worth: $US50.2 billion

Age: 44

Citizenship: United States

Industry: Technology

Source of wealth: Self-made; Google

10. Ingvar Kamprad

Ingvar Kamprad founded IKEA, powerhouse furniture retailer, when he was 17. He moved IKEA and his family out of Sweden in the 1970s in order to avoid its taxes.

Net worth: $US50.7 billion

Age: 91

Citizenship: Sweden

Industry: Retail

Source of wealth: Self-made; IKEA

9. Larry Page

Larry Page co-founded Google with Sergey Brin in 1998. He is now the CEO of Alphabet, which is the company that owns Google.

Net worth: $US51.5 billion

Age: 44

Citizenship: United States

Industry: Technology

Source of wealth: Self-made; Google

8. Larry Ellison

Larry Ellison teamed up with two colleagues from an electronics company in 1977 to start their own programming firm, which then shortly landed a contract to build a relational database-management system for the CIA. The project later grew into what's known today as Oracle Corp., the second largest software maker behind Microsoft. He stepped down as CEO in 2014.

Net worth: $US53.9 billion

Age: 73

Citizenship: United States

Industry: Technology

Source of wealth: Self-made; Oracle

7. Bernard Arnault

Bernard Arnault is the chair of LVMH Moet Hennessy Louis Vuitton, which houses dozens of luxury brands. Arnault bought Christian Dior when he joined the business, and helped revive the company.

Net worth: $US61.5 billion

Age: 68

Citizenship: France

Industry: Consumer

Source of wealth:Self-made/Inheritance; LVMH

6. Carlos Slim

Carlos Slim owns a large number of companies in Mexico through his conglomerate, Grupo Carso. He also controls America Movil, the largest operator of mobile phones in Latin America.

Net worth: $US63.5 billion

Age: 77

Citizenship: Mexico

Industry: Diversified

Source of wealth: Self-made; Grupo Carso

5. Mark Zuckerberg

Mark Zuckerberg launched TheFacebook.com when he was a sophomore in college before dropping out to work on the site full-time.

Net worth: $US72.3 billion

Age: 33

Citizenship: United States

Industry: Technology

Source of wealth: Self-made; Facebook

4. Amancio Ortega

Amancio Ortego controls fashion giant Inditex, which owns Zara, Massimo Dutti, Oysho, and others. At least part of his success can be attributed to Zara's fast-fashion business model.

Net worth: $US75.9 billion

Age: 81

Citizenship: Spain

Industry: Retail

Source of wealth: Self-made; Inditex

3. Warren Buffett

After getting rejected from Harvard Business School, Warren Buffett went to Columbia instead where he studied under Benjamin Graham, who would become his mentor. He later bought Berkshire Hathaway in 1969 and transformed it into a powerhouse holding company.

Net worth: $US81.7 billion

Age: 87

Citizenship: United States

Industry: Diversified

Source of wealth: Self-made; Berkshire Hathaway

2. Bill Gates

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Bill Gates co-founded Microsoft with his friend Paul Allen, and served as CEO until 2000. He still sits on the company's board, but is no longer active in the day-to-day dealings.

Net worth: $US89.4 billion

Age: 62

Citizenship: United States

Industry: Technology

Source of wealth: Self-made; Microsoft

1. Jeff Bezos

Jeff Bezos founded Amazon.com in the garage of his Seattle home in 1994. The online marketplace went public three years later and has since grown to sell everything from fashion to tech to food and Amazon's own consumer-electronics products.

On November 24, 2017 - Black Friday - Bezos's net worth hit $US100 billion.

Net worth: $US98.4 billion

Age: 53

Citizenship: United States

Industry: Technology

Source of wealth: Self-made; Amazon

Class of 2017 wake to HSC results .
Thousands of Year 12 students across NSW have received their HSC results.In what is the 50th year for the Higher School Certificate, results were released at 6am on Thursday by SMS, email and online.

Source: http://au.pressfrom.com/news/money/-48451-meet-the-worlds-50-richest-billionaires-of-2017/

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