US$1TRILLIONOFWEALTHWIPEDOFFHURUNGLOBALRICHLIST.
RECORDBILLIONAIRESDROPOFFHURUNGLOBALRICHLIST.CHINADOWNFOLLOWEDBYINDIAWITH52.
NEWFACES,LEDBYCHINAANDUSAWITH52AND39,FOLLOWEDBYINDIAWITH23.
2,KNOWNBILLIONAIRESINWORLD,DOWNFROMLASTYEAR.
JEFFBEZOS,55,OFAMAZONADDSUS$24BNTORETAINTOPSPOTFORSECONDYEAR.
CHINALEADSWORLDFOR4THYEARFORBILLIONAIRESWITH,74AHEADOFUSAWITH.GERMANY,UKANDINDIAFOLLOW.
DESPITEDIFFICULTYEARFORFACEBOOKANDGOOGLE,FOUNDERSMARKZUCKERBERG,SERGEYBRINANDLARRYPAGEALLMAKETOP10.
JACKMA,55,OFALIBABACHINANUMBERONEWITHUS$39BN,UP4PLACESTO22.
LUXURYSECTORDEFIEDSLOWDOWNWITHSTRONGGROWTH,LEDBYBERNARDARNAULTOFLVMH,UP10%TO4THPLACEWITHUS$86BN.
ELONMUSKJUMPED10PLACESTO30THWITHUS$28BN,ONBACKOFINCREASEINSPACEXVALUATION.
BEIJINGWORLDBILLIONAIRECAPITAL,11AHEADOFNEWYORK.4OFTOP5CITIESWITHHIGHESTCONCENTRATIONOFBILLIONAIRESINCHINA.LONDON,WITHALOOMINGBREXIT,AT6TH.
HUGEIPOSDURINGTHEYEAR.WANGXING,40,OFMEITUAN-DIANPINGANDLEIJUN,50,OFXIAOMIBOTHLISTEDWITHVALUATIONSATUS$50BN.OTHERSINCLUDEDHUANGZHENG,39,OFPINDUODUO,MARTINLORENTZON,49,OFSPOTIFY,ANDREWHOUSTON,35,OFDROPBOXANDNAJEEBAL-HUMAIDHI,66,OFASTONMARTIN.
MUKESHAMBANIOFRELIANCEBECOMESFIRSTINDIANTOBREAKINTOGLOBALTOP10,AFTER20%INCREASETOUS$54BN.
TMTMAINSOURCEOFWEALTH,FOLLOWEDBYREALESTATE,INVESTMENTS,MANUFACTURINGANDRETAIL.‘BIG5’SECTORSACCOUNTEDFORHALFTHELIST.HOSPITALITYANDHEALTHCAREHADAGOODYEAR.
BLOCKCHAINFASTEST-GROWINGNEWINDUSTRY,WITH5BILLIONAIRES,LEDBYCHINABITCOINMINERZHANKETUAN,40,OFBITMAIN(US$2.7BN)ANDCHRISLARSEN,57(US$1.5BN)OFRIPPLE.
LEADINGAUTHORITYONGLOBALWEALTHRELEASESEIGHTHANNUALHURUNGLOBALRICHLIST.
KeyFindings
1. 2,BILLIONAIRESINWORLD,DOWNFROMLASTYEAR.
2. GOINGDOWN:BILLIONAIRESDROPPEDOFFTHELISTTHISYEAR,OFWHICH40DEATHS,AND1,SAWWEALTHDECREASE.CHINALEDTHEWAYFORDROP-OFFS,LOSINGBILLIONAIRES,FOLLOWEDBYINDIAWITH52.RUPERTHOOGEWERF,HURUNREPORTCHAIRMANANDCHIEFRESEARCHERSAID,“A23%DROPINTHECHINESESTOCKMARKETSCOUPLEDWITHA6%DROPINTHECHINESEYUANWERETHEMAINCAUSESOFTHEDROPOFFSINCHINA,WHILSTFORINDIAITWASA10%DECREASEINTHEVALUEOFTHERUPEE.”
3. MANUFACTURINGWIPEDOUTUS$BNOFWEALTH,FOLLOWEDBYRETAILUS$BNANDREALESTATEUS$BN.TOP5BIGGESTINDUSTRIESLOSTMORETHANHALFATRILLIONOFWEALTHTHISYEAR.
4. GOINGUP:LISTERSSAWTHEIRWEALTHINCREASEANDTHEREWERENEWFACES,LEDBYCHINAANDTHEUSAWITH52AND39,FOLLOWEDBYINDIAWITH23.COLINHUANGZHENG,39,OFCHINAE-COMMERCEPLATFORMPINDUODUO,LEDTHENEWFACES,SHOOTINGSTRAIGHTINTOTHETOPWITHUS$15BN.HOOGEWERFSAID,“COLINHUANGSETUPPDDJUSTOVERTHREEYEARSAGO,BECOMINGTHEFASTESTPERSONINTHEWORLDTOCREATEUS$10BNORMOREFROMASTANDINGSTART,FASTERTHANZUCKERBERGANDFASTERTHANBILLGATES.”OFTHENEWFACES,27FAMILYMEMBERSBECAMEBILLIONAIRESAFTERTHEDEATHOFARELATIVE.
5. COUNTRIES.CHINASTAYEDAHEADOFUSA.INDIADROPPEDBEHINDGERMANYANDTHEUKTOFIFTH.
6. BYINDUSTRY.TMTKEYSOURCEOFWEALTHFORMOSTBILLIONAIRES,FOLLOWEDBYREALESTATE,INVESTMENTS,MANUFACTURINGANDRETAIL.
7. WOMENMADEUP15.5%OFTHELIST,SIMILARTOLASTYEAR’S15.3%.56SELF-MADE,SLIGHTLYDOWNFROM59LASTYEAR.CHINADOMINATEDWHENITCAMETOTHESELF-MADEBILLIONAIRES,WITH77%,LEDBYCHINESEPROPERTYDEVELOPERWUYAJUN(55)OFLONGFORPROPERTIESWITHUS$10BN.THERICHESTWOMANISFRANCOISEBETTENCOURT-MEYERS,65,OFL’OREALWITHUS$49BN.
8. 65%SELF-MADE,35%INHERITED.HOOGEWERFSAYS,“75%GREWTHEIRINHERITANCESAGRESSIVELY,EGDONALDTRUMPANDMUKESHAMBANI.”CHINALEDTHEWORLDFORSELF-MADEBILLIONAIRES.
9. IMMIGRATION.10.1%,UPFROM9.1%,FIRSTGENERATIONIMMIGRANTBILLIONAIRES,LEDBYSERGEYBRINOFGOOGLEANDELONMUSKOFTESLA,WHOIMMIGRATEDTOUSAFROMRUSSIAANDSOUTHAFRICA.
10. SOCIALMEDIA.DONALDTRUMPHASBEENGOODFORJACKDORSEY,42,OFTWITTER(US$5.5BN,UP49%).TRUMPHASTHELARGESTBILLIONAIRETWITTERFOLLOWING,WITH58.2MN,FOLLOWEDBYBILLGATES(46.4MN),OPRAHWINFREY(41.9MN)ANDELONMUSK(24.8MN).TRUMPANDMUSKADDED10.2MNAND4.9MNFOLLOWERSTHISYEAR.INCHINA,JACKMAOFALIBABALEDTHEWAYWITH24.7MNWEIBOFOLLOWERS,FOLLOWEDBYSMARTPHONEMAKERLEIJUNOFXIAOMI(21.0MN),PROPERTYDEVELOPERPANSHIYI(19.7MN)ANDENGLISH-LANGUAGEEDUCATIONTYCOONYUMINHONG(15.1MN).
11. 85AREFORTYORUNDER,OFWHICH43ARESELF-MADE.YOUNGESTISNORWEGIANALEXANDRAANDRESEN,22,WORTHUS$1.7BN,INHERITEDFROMHERFATHER.THEYOUNGESTSELF-MADEBILLIONAIREISIRISHHARVARD-GRADUATEJOHNCOLLISON,28,OFSTRIPEWITHUS$2.6BN.
12. 40BILLIONAIRESFROMLASTYEAR’SLISTPASSEDAWAY,HANDINGOVERUS$BNOFWEALTH.YOUNGESTWEREKENNETHKTYENFROMCHINESETAIPEI,WHODIEDOFCANCERAGED53,WANGJIANOFTROUBLEDCHINESEINVESTMENTCONGLOMERATEHNA(57)INANACCIDENTINFRANCEANDVICHAISCRIVADDHANAPRACHAOFKINGPOWER(61)WHENHISHELICOPTERCRASHEDINTHEUKAFTERWATCHINGHISTEAMLEICESTERCITYPLAYAFOOTBALLMATCH.RICHESTWERESERGEDASSAULT(92)ANDPAULALLEN(65)WITHUS$24BNEACH.27FAMILYMEMBERSMADETHELISTINTHEIRPLACES.
13. ASIAPIPPEDNORTHAMERICAFORTHEFOURTHYEARRUNNINGINTERMSOFTOTALWEALTHCREATED,US$3.58TNCOMPAREDWITHUS$3.36TN.
14. CHINESESTOCKEXCHANGESATTRACTEDMORETHANDOUBLETHENUMBEROFBILLIONAIRESTHANUSASTOCKEXCHANGES,COMPAREDWITH.
15. SPORTS.MANYOFTHEBILLIONAIRESOWNPROMINENTSPORTSTEAMS.FLORENTINOPEREZ’SREALMADRIDWONATHIRDEUROPEANCUPINAROW;ROMANABRAMOVICH’SCHELSEAWONTHEUKFACUP.JOHNHENRY’SBOSTONREDSOXWONTHEMAJORLEAGUEBASEBALL.ARTHURBLANK’SATLANTAUNITEDFCWONTHEMAJORLEAGUESOCCER.
(26February9,BeijingandMumbai)HurunReporttodayreleasedtheLoongPalace·HurunGlobalRichList9,arankingoftheUS-Dollarbillionairesintheworld.Wealthcalculationsareasnapshotof31January9.Thisistheeightyearoftheranking.LoongPalaceisaBeijingluxurypropertydevelopedbyHK-listedShimao.
TheListataGlance
TheLoongPalace·HurunGlobalRichList9ranked2,billionairesfrom67countriesandfrom1,