Forbes - USA (March 2018)

renzo rosso & family 
$4.1 BIl #527 FAshioN Eiichi kuriwada hokkaido
Carlo Benetton  Japan newcomer: kuriwada debuts on our list fol-
$3.5 BIl #652 FAshioN, lowing the december ipo of sG holdings, par-
iNvesTmeNTs ent of Japanese package delivery service saga-
Gilberto Benetton  wa express. kuriwada, who has only a high school
$3.5 BIl #652 FAshioN, diploma, chairs the company and owns an 18%
iNvesTmeNTs Gdp: $4.9 trIl populATioN: 127 MIl stake. his late father, kiyoshi sagawa, founded the
Giuliana Benetton  BillioNAires: 35 (+2 Vs. 2017) company in 1957. Back in the 1990s the company
$3.5 BIl #652 FAshioN, ToTAl NeT worTh: $138.1 BIl was the focus of a big
iNvesTmeNTs
(+$23.6 BIl Vs. 2017) scandal: An executive
luciano Benetton  at the Tokyo affiliate of
$3.5 BIl #652 FAshioN, Wealth tOp seCtOrs sagawa express was
iNvesTmeNTs
OrIGIn convicted of making
9 tohoku Rakuten
patrizio Bertelli  payoffs to politicians. golden eagles
$3.2 BIl #729 FAshioN 15% FASHION & RETAIL HirosHi Mikitani
6 sagawa, a billionaire
Miuccia prada  11% TECHNOLOGY in 1992, resigned as
$3.2 BIl #729 FAshioN
74% 4 chairman that year;
ennio Doris & family  GAMBLING neither he nor kuriwa-
$3 BIl #791 FiNANciAl services 3 da was charged.
InherIteD & GrOWInG REAL ESTATE
piero Ferrari  InherIteD
$2.7 BIl #887 AuTomoBiles selF-MaDe 3
MANUFACTURING
sandro Veronesi  2
$2.7 BIl #887 FAshioN
TELECOM
Francesco Gaetano ibaraki
Caltagirone 
$2.6 BIl #924 cemeNT, tokyo 23
diversiFied
EXPatriatEs
luca Garavoglia  2 kyoto saitama
$2.5 BIl #965 spiriTs chiba
luigi rovati & family 
$2.4 BIl #1020
phArmAceuTicAls osaka kansai science citY Yokosuka
ReseaRch
Gustavo Denegri  PaRk
$2.3 BIl #1070 BioTech
Maria Franca Fissolo ✂ fukuoka
$2.2 BIl #1103 NuTellA,
chocolATes
Mario Moretti polegato &
family 
$2 BIl #1215 shoes
yusaku maezawa
remo ruffini 
$1.9 BIl #1284 newsmaker: In May the founder of
luxury sporTsweAr online fashion mall Zozotown purchased
Diego Della Valle  an untitled 1982 painting by Jean- Michel
$1.8 BIl #1339 shoes Basquiat for $110.5 million, a record
price for the artist. Maezawa lent the
nicola Bulgari 
$1.7 BIl #1394 luxury Goods piece to the Brooklyn Museum in New
York for a show early this year. He says
paolo Bulgari 
$1.7 BIl #1394 luxury Goods he plans to eventually build a mu-
seum in his hometown of Chiba
luigi Cremonini & family  to exhibit his collection, which
$1.7 BIl #1394
meAT processiNG kazuo okada also includes works by Jeff Koons,
Picasso and Andy Warhol.
Domenico Dolce  newsmaker: in June
$1.7 BIl #1394 FAshioN pachinko-machine
stefano Gabbana  maker universal en- Masayoshi son  yoshiyuki sankai 
$1.7 BIl #1394 FAshioN tertainment removed $22.7 BIl #39 iNTerNeT, Telecom yusaku Maezawa  $1.4 BIl #1650 roBoTics
$2.9 BIl #822 oNliNe reTAil
Massimo Moratti  okada as chairman as tadashi yanai & family  soichiro Fukutake 
$1.7 BIl #1394 oil reFiNery part of an investiga- $19.5 BIl #55 FAshioN reTAil Chang-Woo han & family  $1.3 BIl #1756 educATioN
$2.5 BIl #965 pAchiNko pArlors
tion into what it says
pier luigi loro piana  takemitsu takizaki  nobutoshi shimamura &
$1.6 BIl #1477 FAshioN were fraudulent finan- $17.5 BIl #68 seNsors yoshiko Mori  family 
$2.5 BIl #965 reAl esTATe
cial deals. in Novem-
Gian Marco Moratti  akira Mori & family  $1.3 BIl #1756 reTAil
$1.6 BIl #1477 oil reFiNery ber the company— $6.3 BIl #274 reAl esTATe takao yasuda  eiichi Kuriwada ★
which okada founded $2.2 BIl #1103 reTAil
alberto prada  in 1969—sued him for shigenobu nagamori  $1.2 BIl #1867
$1.4 BIl #1650 FAshioN $5.6 BIl #321 moTors Katsumi tada  pAckAGe delivery
misconduct, seeking $2.1 BIl #1157 reAl esTATe
Marina prada  $17 million in damages. hiroshi Mikitani  Kentaro Ogawa & family 
$1.4 BIl #1650 FAshioN satoshi suzuki  $1.2 BIl #1867 resTAurANTs
okada has reported- $5.5 BIl #334 oNliNe reTAil $2 BIl #1215 cosmeTics
Brunello Cucinelli & family  ly denied wrongdoing. Keiichiro takahara & family  yoshikazu tanaka 
$1.3 BIl #1756 FAshioN Masateru Uno & family  $1.2 BIl #1867 sociAl NeTwork
okada also reported- $5 BIl #388 diApers $1.9 BIl #1284 druGsTores
andrea Della Valle  ly sued his two adult akio nitori  hideyuki Busujima 
$1.3 BIl #1756 shoes children and his wife $4.4 BIl #480 home FurNishiNGs Masahiro noda  $1.1 BIl #1999
$1.8 BIl #1339 soFTwAre
pAchiNko mAchiNes
emanuella Barilla  for control of the en- yasumitsu shigeta & family 
$1.1 BIl #1999 pAsTA tity that holds his uni- $4.1 BIl #527 Kenji Kasahara  hiroshi Ishibashi ★
$1.6 BIl #1477 sociAl NeTwork
$1.1 BIl #1999 Tires
Guido Barilla  versal entertainment moBile phoNe reTAiler
$1.1 BIl #1999 pAsTA shares. he could not be Masatoshi Ito  yasuhiro Fukushima  yoshiko shinohara 
$1.5 BIl #1561 videoGAmes
reached for comment. $1.1 BIl #1999 sTAFFiNG
luca Barilla  $3.9 BIl #572 reTAil
$1.1 BIl #1999 pAsTA nobutada saji  susumu Fujita ★
Masahiro Miki  $1.5 BIl #1561 BeverAGes $1 BIl #2124 iNTerNeT mediA
paolo Barilla  $3.8 BIl #588 shoes
$1.1 BIl #1999 pAsTA Kagemasa Kozuki  Masayuki Ishihara & family 
Kazuo Okada & family  $1.4 BIl #1650 videoGAmes $1 BIl #2124 pAchiNko mAchiNes
$3 BIl #791 cAsiNos
JAck TAylor/GeTTy imAGes; sTArT TodAy co/AFlo/Newscom
reNzo rosso: JeFF GilBerT/AlAmy. Japan: clockwise From BoTTom leFT: Ted AlJiBe/AFp/GeTTy imAGes; kiyoshi oTA/BloomBerG;
Israel: AdAm NeumANN: JAmel ToppiN. Italy: piero FerrAri: ANdrew BurToN/GeTTy imAGes; posTcArd: QuAGGA mediA/AlAmy;
March 31, 2018 FOrBES | 99

TH E WORLDÕ S BILLIONA IR E S

KAZAKHSTAN LEBANON Bahaa Hariri  LIECHTENSTEIN
$2.1 BIL #1157 REAL ESTATE,
INVESTMENTS, LOGISTICS
GDP: $158 BIL GDP: $52.7 BIL Robert Mouawad & fam  GDP: $6.3 BIL
POPULATION: 18 MIL POPULATION: 6 MIL $1.6 BIL #1477 FINE JEWELRY BEIRUT 3 POPULATION: 37,900
BILLIONAIRES: 5 BILLIONAIRES: 7 Saad Hariri  BILLIONAIRES: 1
TOTAL NET WORTH: $14.4 BIL (+3 VS. 2017) $1.5 BIL #1561 CONSTRUCTION, TOTAL NET WORTH:
$3.9 BIL
(+$3.9 BIL VS. 2017) TOTAL NET WORTH: $13.3 INVESTMENTS (+$1.2 BIL VS. 2017)
BIL (+$4.3 BIL VS. 2017)
Ayman Hariri  VADUZ
$1.3 BIL #1756 CONSTRUCTION,
Taha Mikati  INVESTMENTS Christoph Zeller 
$2.8 BIL #859 TELECOM $3.9 BIL #572
Fahd Hariri 
ASTANA Najib Mikati  $1.3 BIL #1756 CONSTRUCTION, DENTAL IMPLANTS
$2.7 BIL #887 TELECOM INVESTMENTS EXPATRIATES
4
ALMATY
WEALTH TOP SECTORS
4 ORIGIN 4 Jeronimo Arango & family 
MEXICO FOOD & BEVERAGE Antonio Del Valle Ruiz &
$4.3 BIL #499 RETAIL
Timur Kulibaev  19% 37% METALS & MINING 3 family 
$3.2 BIL #729 BANKING $3.4 BIL #679 CHEMICALS
GDP: $1.1 TRIL; POPULATION: 124 MIL 44% 2 Jose and Francisco Jose
Dinara Kulibaeva  BILLIONAIRES: 16 (+1 VS. 2017) FASHION & RETAIL
$3.2 BIL #729 BANKING 2 Calderon Rojas 
TOTAL NET WORTH: $141 BIL INHERITED & GROWING $2.9 BIL #822 BEVERAGES
Vladimir Kim  (+$24.3 BIL VS. 2017) INHERITED FINANCE & INVESTMENTS
$3.1 BIL #766 MINING SELF-MADE Carlos Hank Rhon 
$2 BIL #1215 BANKING
Bulat Utemuratov 
$2.6 BIL #924 MINING, BANKING, Carlos Slim Helu & family  Eva Gonda de Rivera & fam  Roberto Hernandez
HOTELS Germán Larrea Ramirez  MEXICO: EMILIO AZCARRAGA: YADYN XOLALPA/EL UNIVERSAL/NEWSCOM; CARLOS SLIM: DANIEL CARDENAS/ANADOLU AGENCY/GETTY IMAGES;
$67.1 BIL #7 TELECOM $7.1 BIL #222 BEVERAGES $1.9 BIL #1284 BANKING
Alijan Ibragimov  German Larrea Mota Ricardo Salinas Pliego & fam  Mota Velasco
$2.3 BIL #1070 MINING, METALS Emilio Azcarraga Jean 
Velasco & family  $7.1 BIL #222 RETAIL, MEDIA NEWSMAKER: Larrea’s Grupo $1.7 BIL #1394
$17.3 BIL #72 MINING TV BROADCASTING
Maria Asuncion México, one of the world’s
Alberto Bailleres Aramburuzabala & family  largest copper miners, took its Rufino Vigil Gonzalez 

KUWAIT Gonzalez & family  $5.9 BIL #296 BEER, INVESTMENTS railway subsidiary GMéxico $1.4 BIL #1650 STEEL
$10.7 BIL #143 MINING
Juan Francisco Beckmann Transportes public on the David Penaloza Alanis 
Vidal & family 
GDP: $119 BIL $5.7 BIL #315 TEQUILA Mexican stock exchange in $1.3 BIL #1756 TOLL ROADS

POPULATION: 4 MIL November. The company Alfredo Harp Helu & family 
BILLIONAIRES: 4 has nearly 7,000 miles of $1.2 BIL #1867 BANKING
TOTAL NET WORTH: $5.2 BIL railroads across Mexico
(–$200 MIL VS. 2017) and in Texas and GERMAN LARREA: SUSANA GONZALEZ/BLOOMBERG
Florida.
Kutayba Alghanim
FAMILY FEUD: Alghanim chairs
his family’s Alghanim Industries.
Its diverse interests include the
Wendy’s franchise in the Mid-
dle East and, in Ku-
wait, the auto dealer- Emilio
ships that sell GM and Azcárraga Jean
Ford cars. He and his NEWSMAKER: After MONTERREY
brother Bassam, also two decades at the
a billionaire, have helm, Azcárraga resigned
been fighting over how as CEO of Grupo Televisa, LOS CABOS

to divide their late fa- Mexico’s biggest broad-
ther’s business empire SAN MIGUEL DE ALLENDE
since at least 2007; the arbitra- caster, in January at a
challenging time. Ad reve-
tion between them has dragged nues for Televisa’s TV unit CLUB ATLAS
on for years. RICARDO SALINAS PLIEGO CF PACHUCA EXPATRIATE HOLBOX
fell 11% in 2017, follow- CLUB LEON CARLOS SLIM HELU 1
ing a net income plunge CARLOS SLIM HELU
of more than 50% in
KUWAIT CITY 2016. Azcárraga, MEXICO CITY TULUM
3 PUNTA MITA CLUB AMERICA
who owns near- EMILIO AZCARRAGA JEAN
ly 15% of Televi-
sa, is staying on
as executive chair-
EXPATRIATE man of the compa- 13
1 ny, which his grand-
father founded. His Carlos Slim Helú
Bassam Alghanim  late father, Emilio
$1.4 BIL #1650 DIVERSIFIED Azcárraga Milmo, is RICHEST: Slim’s foundation partnered with Mexico’s
Kutayba Alghanim  credited with turn- National Autonomous University (UNAM) and Mexico’s
$1.4 BIL #1650 DIVERSIFIED ing Televisa into a National Human Rights Commission in March 2017 to

Fawzi Al-Kharafi  powerhouse that help millions of Mexicans living in the U.S. apply to be-
$1.2 BIL #1867 DIVERSIFIED exports its soap come American citizens. The groups support a website

operas around the called Acceso Latino, which offers information about free


Mohannad Al-Kharafi 
$1.2 BIL #1867 DIVERSIFIED world. legal aid and loans for the citizenship application fee.
WEALTH STATUS:
UP DOWN  UNCHANGED 
FINANCIAL
TECH
OIL & GAS FIELDS
TIMBER
PLAYGROUND
SP
WINE-GROWING
WINE -GR O WING OIL & G A S FIELD S MINING & TIMBER FINANCIAL SPORTS S TE CH PL A Y GR OUND NEW★ RETURNEE 
T
OR
MINING &
GION
RE
MINERALS
AND DEPOSITS
CENTER
TEAM
CENTER
REGION AND DEP O SIT S MINER AL S CENTER TEAM CENTER
100 | FORBES MARCH 31, 2018

PROMOTION
MERLE WOOD & ASSOCIATES


Inviting You to Luxury Yacht Ownership



MERLE WOOD us — and, equally important, recommend
Merle Wood & Associates to their friends.”
KNOWS YACHTS. Wood learned two important adages at a
This fact is evidenced by a client list that young age from two very infl uential clients
reads like a “Who’s Who” of the world’s that are at the foundation of his philosophy
most highly successful individuals. and focus: “The bitterness of poor quality
Raised by a yacht broker father, Wood remains long after the sweetness of low price
lived on a boat for several years as a child is forgotten,” and, “It’s not what it costs to
and sold his fi rst one at 18 years old. buy, but what it costs to sell that establishes
Since launching his company in 1988, true cost.” Wood uses these two philosophies
Merle Wood & Associates has surpassed to guide each client to the very best yacht for
expectations, amassing well over $30 billion their personal requirements. Merle and Claire Wood onboard the 332Õ Attessa IV
in yacht deals to date, and has been a top Merle Wood largely attributes his
global deal-producing yacht brokerage company’s great success to the strength of “We have established solid relationships
company for over 25 years. the client relationships he and his team work throughout the world by helping those
Leading a team of astute sales professionals, to establish and maintain, which result in privileged few enjoy the ultimate reward
CEO Wood is a master of expertly navigating substantial repeat and referral business. for their great success: their
the yachting industry. His philosophy is “Give us a call,” he says. “Our yachts are own private yacht.”
simple: “It is important to sell a yacht knowing showcased in ports all around the world, —MERLE WOOD
the client is going to be happy with it, so that and many will be on display in yacht shows
he or she will return to MW&A to sell what throughout the year.”
they have and purchase their next boat from
VISIT WWW.MERLEWOOD.COM, OR REACH OUT VIA EMAIL AT [email protected] OR BY PHONE AT +1.954.525.5111.



N
A
S

T
A
R

S
A
V
N
T
C
O
I
L
L

Y
U
S
E
F
S
D
U
D
E
L
O
C
C
N
L
L
O
I
I
0
3
B

A
L
S
R
L

N
O
D
$
N
I
E


U
L
D
E
O


F
S
C
X
S
E
C
A

E
T TO DATE OUR SALES TEAM HAS SUCCESSFULLY CONCLUDED TRANSACTIONS VALUED IN EXCESS OF $30 BILLION DOLLARS
A
O
A
L
M

S
D
E
H
O

S
T
U
U
T
R

C

E
A
S

S
S

E
M
RO
P
H
T
A

H

G
U
A
S
B
S
&

A
BELOW IS A PARTIAL SELECTION OF YACHTS CURRENTLY MANAGED FOR SALE THROUGH MERLE WOOD & ASSOCIATESS
A
T
E
O
C
I

E


R
I
L
W
L
D
E
O
OW
O
E
N
T
I
R
O
R
E

M
Y
T
C
L
F
H
O
C
Y

A
C
U
N

T
S

F
L
A
E
L

A
I

S
O
T
R
N
S
A
L
A
E
G

D
R

E
for Sale & Charter EXCLUSIVE AGENT for Sale & Charter EXCLUSIVE AGENT for Sale & Charter EXCLUSIVE AGENT
295’/90m Royal Huisman 2004 ATHENA * 223’/68m Nobiskrug 2010 SYCARA V * 218’/66m ISA 2014 OKTO *
for Sale & Charter EXCLUSIVE AGENT for Sale & Charter EXCLUSIVE AGENT for Sale & Charter
213’/65m Codecasa 2010/2016 DOUBLE DOWN 205’/62m Codecasa 2003 APOGEE * 197’/60m A&R 2012 EXCELLENCE V *
for Sale & Charter EXCLUSIVE AGENT for Sale & Charter EXCLUSIVE AGENT for Sale & Charter EXCLUSIVE AGENT
190’/58m A&R 2007 LADY SHERIDAN * 187’/57m Trinity 2012 LADY SARA 173’/53m Oceanco 2000 SUNRISE *
* Not for sale or charter to US residents while in US waters.
C A L L T H E # 1 Y A C H T I N G P R O F E S S I O N A L S T O P U R C H A S E , S E L L , C H A R T E R O R B U I L D Y O U R S U P E R Y A C H T
CALL THE #1 YACHTING PROFESSIONALS TO PURCHASE, SELL, CHARTER OR BUILD YOUR SUPERYACHT
P H O N E : + 1 - 9 5 4 - 5 2 5 - 5 1 1 1 • F A X : + 1 - 9 5 4 - 5 2 5 - 5 1 6 5 • E M A I L : M A I L @ M E R L E W O O D . C O M • W W W . M E R L E W O O D . C O M
8 8 8 E A S T L A S O L A S B O U L E V A R D • F O U R T H F L O O R • F O R T L A U D E R D A L E , F L 3 3 3 0 1 U S A

TH E WORLDÕ S BILLIONA I RE S
JERAM
MALAYSIA TAWAU MONACO

GDP: $315.4 BIL SIBU GDP: $6.9 BIL
POPULATION: 32 MIL POPULATION: 39,000
BILLIONAIRES: 14 (+2 VS. 2017) SELANGOR BILLIONAIRES: 4
TOTAL NET WORTH: $61.8 BIL EXPATRIATE TOTAL NET WORTH: $6.9
(+$16.1 BIL VS. 2017) KUALA 1 BIL (–$200 MIL VS. 2017)
LUMPUR
9 Robert Kuok Lim Kok Thay
Robert Kuok  Lau Cho Kun  NEWCOMER: The son of late gaming
AS MONACO FC
$14.8 BIL #96 PALM OIL, $2.6 BIL #924 PALM OIL, RICHEST: Ma- billionaire Lim Goh Tong disclosed his DMITRY RYBOLOVLEV
DMITRY RYBOLOVLEV
SHIPPING, REAL ESTATE REAL ESTATE
laysia’s rich- stake in casino group Genting in No-
Ananda Krishnan  Kuan Kam Hon  est for 22 years, vember, following reports of a long- MONTE CARLO
$7.2 BIL #217 TELECOM, MEDIA $2.5 BIL #965 SYNTHETIC the press-shy running family dispute over ownership
GLOVES
Quek Leng Chan  mogul made head- of the shares. His Nasdaq-listed Empire
$7.2 BIL #217 BANKING, Koon Poh Keong ★ lines last year with a memoir, Resorts opened a resort in the Catskills
REAL ESTATE $2.4 BIL #1020 ALUMINUM
sharing little-known details of in February that has over 150 table EXPATRIATES
Teh Hong Piow  Syed Mokhtar AlBukhary  his life, including his days as games and 2,150 slot machines. 2
$6 BIL #289 BANKING $1.9 BIL #1284 DIVERSIFIED a rice, sugar and wheat-flour Tatiana Casiraghi 


Lee Shin Cheng  Jeffrey Cheah ★ trader as well as his ties to pol- $2.2 BIL #1103 BEER
$5.6 BIL #321 PALM OIL, $1.3 BIL #1756 DIVERSIFIED iticians in the early years of David Nahmad 
REAL ESTATE Malaysia’s independence. He $1.9 BIL #1284 ART
Lim Wee Chai ★
Lim Kok Thay ★ $1.2 BIL #1867 RUBBER GLOVES controls an empire that in- Ezra Nahmad 
$4.7 BIL #441 CASINOS cludes hotel chain Shangri- $1.5 BIL #1561 ART
Tiong Hiew King 
Chen Lip Keong  $1.1 BIL #1999 TIMBER, MEDIA La and agribusiness Wilmar Lily Safra 
$3.3 BIL #703 CASINOS, International. $1.3 BIL #1756 BANKING
REAL ESTATE
MOROCCO NETHERLANDS Charlene de Carvalho-
Heineken & family 
$15.8 BIL #86 HEINEKEN
GDP: $110.7 BIL; POPULATION: 36 MIL Frits Goldschmeding 
BILLIONAIRES: 2 (–1 VS. 2017) GDP: $823.9 BIL; POPULATION: 17 MIL $5.2 BIL #372 TEMP AGENCY
TOTAL NET WORTH: $3.8 BIL Hans Melchers 
(–$700 MIL VS. 2017) BILLIONAIRES: 9 (–1 VS. 2017) $2.9 BIL #822 CHEMICALS,
TOTAL NET WORTH: $35.5 BIL (+$3.9 BIL VS. 2017) INVESTMENTS
Aziz Akhannouch & Ralph Sonnenberg 
family  $2.9 BIL #822 BLINDS
$2.2 BIL #1103 PETROLEUM, Hans Melchers John de Mol 
DIVERSIFIED CASABLANCA $2.1 BIL #1157 TELEVISION
Othman Benjelloun  TROPHY: An avid art Kommer Damen 
$1.6 BIL #1477 BANKING, collector, Melchers $1.8 BIL #1339 SHIPBUILDING
INSURANCE opened his second
Lesley Bamberger 
MORE Museum in a
$1.7 BIL #1394 REAL ESTATE
14th-century castle in
Robert Defares 
the Dutch village of
NEPAL Ruurlo in June. It fea- $1.6 BIL #1477
ELECTRONIC TRADING
tures works by Dutch
Wim Van Der Leegte 
GDP: $24.9 BIL; POPULATION: 29 MIL painter Carel Willink $1.5 BIL #1561 MANUFACTURING
BILLIONAIRES: 1 and Chinese-Dutch
TOTAL NET WORTH: $1.5 BIL (+$200 fashion designer Fong
MIL VS. 2017) Leng. His first MORE

Museum, which exhib-
Binod Chaudhary  its modern Dutch real-
$1.5 BIL #1561 ist art, opened in Gors-
DIVERSIFIED
sel in 2015.
KATHMANDU
Binod Chaudhary
POLITICS: The chairman of CG Corp Global

secured a nomination from the Nepali Con- AMSTERDAM
gress party in the 3 BLARICUM
December fed-
eral elections. VORDEN
His party didn’t
win, but now as
a member of par-
liament sitting in GORINCHEM Kommer Damen
the opposition,
Chaudhary says EINDHOVEN NEWSMAKER: His $2.5 billion (sales) Damen Shipyards worked
he hopes to play a with four other companies to develop the world’s first 3-D-print-

role in “furthering ed ship propeller, the WAAMpeller. Built with 298 layers of nickel
Nepal’s economic aluminum bronze alloy, the propeller was tested on one of Damen’s
agenda.” EXPATRIATES tugboats and displayed at its headquarters in November.
2
WEALTH STATUS:
UP DOWN  UNCHANGED 
OR
O
T
PLAYGROUND
-GR
TECH
SP
WINE-GROWING OIL & GAS FIELDS S MINING & TIMBER FINANCIAL SPORTS S TE CH PL A Y GR OUND NEW★ RETURNEE 
WINE
MINING &
TIMBER
S FIELD
OIL & G
WING
FINANCIAL
A
GION
AND DEPOSITS
REGION AND DEP O SIT S MINERALS S CENTER TEAM CENTER
RE
MINER
TEAM
CENTER
AL
CENTER
102 | FORBES MARCH 31, 2018

CHILDHOOD POVERTY



CREATES



ADULT POVERTY


CREATES



CHILDHOOD POVERTY



CREATES...

































TODAY’S CHILDHOOD POVERTY MUST NOT BECOME TOMORROW’S.

The cycle continues. Worldwide, millions of children live in extreme poverty. At ChildFund International,

we find this unacceptable. So we do all we can.

In 25 countries, aided by generous sponsorships, we are vigorously fighting poverty and improving the lives
of over 11 million children and their families. Our programs support early childhood development, children’s
health and education. And we help strengthen families’ economic security and self-sufficiency.


We are committed to breaking this harmful cycle.
Learn more at childfund.org










80Years

TH E WORLDÕ S BILLIONA IR E S
TOP SECTORS
WEALTH
NEW ZEALAND NORWAY ORIGIN 3
GDP: $191.9 BIL; POPULATION: 5 MIL 26.5% FASHION & RETAIL 3
BILLIONAIRES: 2 47% DIVERSIFIED
TOTAL NET WORTH: $12.2 BIL GDP: $397.2 BIL 26.5% 3
(+$800 MIL VS. 2017) KAURI CLIFFS POPULATION: 5 MIL FINANCE & INVESTMENTS
2
BILLIONAIRES: 15 (+1 VS. 2017)
A
N
U
AUCKLAND
A AUCKLAND D TOTAL NET WORTH: $39.1 BIL (+$6.7 BIL VS. 2017) INHERITED & GROWING LOGISTICS
K
L
C
INHERITED
Graeme Hart  SELF-MADE 2
$10.1 BIL #148 INVESTMENTS SERVICE
Richard Chandler 
$2.1 BIL #1157 INVESTMENTS
Kjell Inge Rokke
Graeme Hart EXPATRIATE
1
TROPHY: In May, Rokke
RICHEST: New Zealand’s richest CAPE KIDNAPPERS commissioned the world’s largest
since 2007, Hart assembled yacht, REV, to be completed in 2020.
a packaging empire that in- The 596-foot boat will have all the

cludes Reynolds Wrap alu- typical amenities for a billionaire—
minum foil and trash-bag including a gym and two helipads—
maker Hefty. In October but will also be a floating research

he sold his 351-foot center, with multiple labs,
superyacht Ulys- underwater vessels, a 40-seat audi-
ses for ap- torium and space for 90 scientists
proximate- and crew. He’s partnered with the
ly $195 World Wildlife Fund Norway, which
million. will also use the yacht. Rokke start-
ed out as a fisherman.

Odd Reitan  Alexandra Andresen 
$6.6 BIL #251 RETAIL, $1.4 BIL #1650 INVESTMENTS
NIGERIA REAL ESTATE Katharina Andresen 
Johan Johannson  $1.4 BIL #1650 INVESTMENTS
$4.4 BIL #480 GROCERY STORES
GDP: $376.5 BIL; POPULATION: 191 MIL Ivar Erik Tollefsen ★
BILLIONAIRES: 3 Andreas Halvorsen  $1.2 BIL #1867 REAL ESTATE EXPATRIATES
$3.7 BIL #606 HEDGE FUNDS
TOTAL NET WORTH: $20.9 BIL (+$1.3 BIL VS. 2017) Svein Stole  5
Arne Wilhelmsen & family  $1.1 BIL #1999 INVESTMENTS NEW ZEALAND: GRAEME HART: FAIRFAX MEDIA/GETTY IMAGES. NIGERIA: ALIKO DANGOTE: MICHAEL PRINCE.
$3.6 BIL #629 CRUISES
Alexander Vik 
Aliko Dangote  Kjell Inge Rokke  $1 BIL #2124 INVESTMENTS
$14.1 BIL #100 CEMENT, $3.5 BIL #652 SHIPPING,
SUGAR, FLOUR SEAFOOD Ivar Erik Tollefsen
Mike Adenuga  Caroline Hagen Kjos  NEWCOMER: A rally car driver and polar
$5.3 BIL #365 TELECOM, OIL $2.8 BIL #859 DIVERSIFIED explorer, Tollefsen made a fortune buy- NORWAY: KJELL INGE ROKKE: LISE AASERUD/ZUMA PRESS/NEWSCOM
Folorunsho Alakija  Stein Erik Hagen  ing up more than 27,000 rental apartments
$1.5 BIL #1561 OIL $2.5 BIL #965 CONSUMER GOODS across Scandinavia. At age 14, he started
LAGOS Torstein Hagen  working as a DJ and soon ran a DJ supply busi-
3 $2.2 BIL #1103 CRUISES KVERVA ness and built nightclubs. In the early 1990s, he
1 started to invest in real estate through his com-
Gustav Magnar Witzoe 
ALIKO DANGOTE $1.9 BIL #1284 FISH FARMING pany Fredensborg Norge AS. Tollefsen bought
the building that formerly housed the U.S. Em-
RICHEST: Dangote holds Petter Stordalen & family  TRONDHEIM 1 bassy in Oslo in late 2017.
on to his spot as Africa’s $1.8 BIL #1339 HOTELS
richest person while con-
tinuing to diversify his ce-
ment-heavy empire. His
Dangote Fertilizer is slat-
ed to start operations this
year, and his massive oil

refinery is expected to open
for business in late 2019.
VETTRE
1
OMAN
OSLO
GDP: $68.5 BIL MUSCAT 7
POPULATION: 5 MIL
BILLIONAIRES: 2 (–1 VS. 2017)
TOTAL NET WORTH: $5.4 BIL
(–$1.3 BIL VS. 2017) Katharina Andresen
NEWSMAKER: In April police pulled over an Audi Q3 near a tony ski resort in
Norway. The driver turned out to be Andresen, 22, the world’s second-youngest
billionaire. Her blood alcohol content was three times the legal limit. Her lawyers
Suhail Bahwan  argued that she was a student with limited funds, including a $1,100 monthly sti-
$3.9 BIL #572 DIVERSIFIED
pend. The court, which normally issues fines based on income, considered her

P.N.C. Menon  stake in her family’s investment firm—an estimated 42% holding worth $1.4 bil-

$1.5 BIL #1561 REAL ESTATE EXPATRIATE lion—and handed her a $32,000 fine and 13-month driver’s license suspension.

1
WEALTH STATUS:
UP DOWN  UNCHANGED 
WINE-GROWING OIL & G A S FIELD S MINING & TIMBER FINANCIAL SP OR T S TE CH PLAYGROUND NEW★ RETURNEE 
GR
OUND
Y
PL
A
WING
O
-GR
MINING &
TIMBER
OIL & GAS FIELDS
FINANCIAL
SPORTS
WINE
TECH
AND DEP
O
MINERALS
SIT
CENTER
RE
REGION AND DEPOSITS S MINER AL S CENTER TEAM CENTER
CENTER
TEAM
GION
104 | FORBES MARCH 31, 2018

T
E
L

A V
I
V ,
I
S
R
A
E
L





M
A Y
6
–
9
,
2
0
1
8






UNDER 30 SUMMIT GLOBAL
The Under 30 Summit Global serves
as the perfect setting for the sharpest
business minds of today to bring
their best ideas to life, intersect with
fellow game-changers and redefine
the future of their industries. Within
T these four days, you’ll have a chance
I to attend workshops with the world’s
M
M leading business mentors (our
U summits have featured everyone
S from digital entrepreneurs like Aaron
0
3 Levie to Nobel Prize winner Malala
R Yousafzai to WeWork mastermind
E Adam Neumann), and explore the
D
N cultural treasures of the region
U alongside hundreds of international
# entrepreneurs. From the Old City to
the Dead Sea, the Forbes Under 30
Summit Global will take you on an
unforgettable journey.

TH E WORLDÕ S BILLIONAI R E S

PERU PHILIPPINES

GDP: $215.1 BIL TOP SECTORS 5
POPULATION: 32 MIL WEALTH DIVERSIFIED
BILLIONAIRES: 6 GDP: $313.8 BIL ORIGIN 3
(+1 VS. 2017) POPULATION: FOOD & BEVERAGE
TOTAL NET WORTH: $10.9 BIL 105 MIL 1
(+$2.5 BIL VS. 2017) LIMA BILLIONAIRES: 12 25% ENERGY
6 (–2 VS. 2017) 1
TOTAL NET WORTH: 75%
$55.3 BIL FINANCE & INVESTMENTS
(+$9.5 BIL VS. 2017) 1
r
d
g
i


z
u
e

o
J
o
o
R
r
g

e
d
z
e
R

i
r
u
g
Carlos Rodriguez-Pastor  Jorge Rodriguez Rodriguez  REAL ESTATE
$3.4 BIL #679 FINANCE $1.5 BIL #1561 PROCESSED MILK SCIENCE CITY OF MUÑOZ INHERITED & GROWING 1
INHERITED
SELF-MADE LOGISTICS
Vito Rodriguez Rodriguez  Eduardo Hochschild 
$1.9 BIL #1284 PROCESSED MILK $1.4 BIL #1650 MINING

Ana Maria Brescia Cafferata  Eduardo Belmont Anderson 
$1.5 BIL #1561 MINING, BANKING $1.2 BIL #1867 COSMETICS
MANILA 12
POLAND
GDP: $522 BIL
WARSAW POPULATION: 38 MIL
CHROSTNIK PALAWAN
KROTOSZYN BILLIONAIRES: 6 (+2 VS. 2017)
TOTAL NET WORTH: $13.8 BIL
KONSTANCIN (+$3.9 BIL VS. 2017)
KIELCE
Jerzy Starak
Henry Sy
NEWCOMER: Starak chairs the su-
pervisory board of Polpharma, RICHEST: Sy’s fortune surged
which says it is Poland’s largest drug DAVAO CITY by 57% over the past year be-
manufacturer. In 2000 he helped cause of the strong perfor-
privatize the business, which spe- mance of his SM Investments,
cializes in pharmaceuticals used in a holding company that owns
cardiology, neurology and gastroen- shopping malls, banks and
terology. He founded the chemical buildings. The 93-year-old is
company Comindex in the 1970s. founder of the SM Group and
Tony Tan Caktiong
Roberto Ongpin chairman emeritus of SM In-
Dominika & Sebastian Dariusz Milek  NEWSMAKER: Best known for his vestments, which invested in a
Kulczyk  $1.4 BIL #1650 REAL ESTATE, NEWSMAKER: Ongpin is bet- fast-food restaurant chain Jollibee, chain of dormitories for young
$3.8 BIL #588 DIVERSIFIED RETAIL
ting on a comeback for himself the foodie is increasingly betting professionals in April.
Michal Solowow  Jerzy Starak ★ and his luxury property firm Al- on real estate. His DoubleDragon

$3.2 BIL #729 INVESTMENTS $1.4 BIL #1650
PHARMACEUTICALS phaland, which delisted from Properties is building a 1,001-
Zygmunt Solorz-Zak  the Philippines Stock Exchange room eco-friendly hotel
$2.8 BIL #859 TV BROADCASTING Tomasz Biernacki ★ in 2014 after a messy split from in Boracay and
$1.2 BIL #1867 RETAIL
U.K. investment group Ash- a 519-room hotel
more. In 2016, Philippine pres- in Davao City, Henry Sy 
ident Rod rigo Duterte vowed Mindanao. $20 BIL #52 DIVERSIFIED
PORTUGAL on TV to destroy oligarchs and John Gokongwei Jr. 
singled out Ongpin. Unde- $5 .8 BIL #305 FOOD, BEVERAGES
GDP: $217 BIL terred, Ongpin (pictured with Enrique Razon Jr. 
POPULATION: 10 MIL his daughter) has been building $4.9 BIL #404 PORTS
BILLIONAIRES: 1 (–3 VS. 2017) GRIJÓ luxury villas on Balesin Island. Lucio Tan 
TOTAL NET WORTH: $5.1 BIL He also has plans to construct $4.7 BIL #441 DIVERSIFIED
(–$5.6 BIL VS. 2017) an international airport on near- Tony Tan Caktiong 
by Patnanungan Island, most $4 BIL #550 FOOD
of which he bought up over the George Ty 
past two years. He says he will PHILIPPINES, CLOCKWAISE FROM UPPER RIGHT: NANA BUXANI/BLOOMBERG; JEROME FAVRE/BLOOMBERG; RICHARD R HANDLEY/ALAMY; SONNY THAKUR.
Maria Fernanda Amorim & $3.9 BIL #572 BANKING

family ★ relist his firm by next year. Manuel Villar 
$5.1 BIL #382 ENERGY,
INVESTMENTS $3 BIL #791 REAL ESTATE
Andrew Tan 
ROMANIA $2.7 BIL #887 DIVERSIFIED
QATAR Ramon Ang 
$2.5 BIL #965 DIVERSIFIED
Faisal Bin Qassim GDP: $210 BIL
Al Thani  Robert Coyiuto Jr 
GDP: $165.9 BIL DOHA $1.6 BIL #1477 HOTELS, POPULATION: 20 MIL $1.4 BIL #1650 POWER
POPULATION: 3 MIL DIVERSIFIED BILLIONAIRES: 1 Eduardo Cojuangco 
BILLIONAIRES: 2 Hamad bin Jassim TOTAL NET WORTH: $1.3 BIL #1756 FOOD, BEVERAGES
TOTAL NET WORTH: bin Jaber Al Thani  BUCHAREST $1.2 BIL (+$100 MIL VS.
$2.8 BIL $1.2 BIL #1867 Ion Tiriac  2017) Roberto Ongpin 
(–$900 MIL VS. 2017) INVESTMENTS $1.2 BIL #1867 BANKING, $1.1 BIL #1999 DIVERSIFIED
INSURANCE
WEALTH STATUS:
UP DOWN  UNCHANGED 
-GR
O
PL
A
Y
OUND
MINING &
OIL & GAS FIELDS
GR
WING
FINANCIAL
WINE-GROWING OIL & G A S FIELD S MINING & TIMBER FINANCIAL SP OR T S TE CH PLAYGROUND NEW★ RETURNEE 
SPORTS
TIMBER
TECH
WINE
SIT
MINERALS
AND DEP
O
GION
RE
CENTER
CENTER
REGION AND DEPOSITS S MINER AL S CENTER TEAM CENTER
TEAM
106 | FORBES MARCH 31, 2018

Promotion

MEXICO






economic resilience despite nafta uncertainty



With the future of the North American Free Trade Agreement (NAFTA) hanging in the balance and President Trump
continuing to talk tough, you might imagine that Mexico’s economy was suffering, that investors — especially those
from the U.S. — were staying away and that Mexican businesses were retrenching. Quite the opposite is true.




The peso is healthy and Mexico’s onshore fields with an unconven-
foreign direct investment (FDI) is tional component — Mexico has
booming. Over the first three a lot of those,” Waggoner states.
quarters of 2017, it received Photo: Rincones de mi Tierra In addition, the company is
$21.75 billion in FDI, up 10% from “evaluating other zones, because
2016, with 40.3% coming from we have identified tremendous
new investments and 47.8% from opportunities and there are
U.S. investors. Companies in huge areas for new discoveries.”
Mexico are very optimistic, what- MPC plans to finance its larger
ever happens to NAFTA. projects with the help of equity
“It is true that if we cannot investors or banks, which are
solve NAFTA, we’ll face chal- increasingly interested in Mexi-
lenges,” says Angel M. Junquera can energy. This is due to the
Sepúlveda, lawyer and partner at fact that reforms in the sector
Junquera y Forcada, “but behind were built after consultation with
every problem is an opportunity, Paseo de la Reforma, Mexico City businesses, he thinks: “The inter-
and Mexico offers a great oppor- play between public and private
tunity.” He predicts, “There will “Behind every problem is an opportunity, and is extraordinary here. Investors
be a boom in the energy sec- look at that and go, ‘Wow, with
tor within five or six years,” due Mexico offers a great opportunity.” that kind of certainty, and open
to recent industry reforms that and active relationship, Mexico is
anGel m. Junquera sepúlveda
have opened it up to private the kind of place where I want to
lawyer and partner, Junquera y forcada
investments. put my investment.’”
William J. Waggoner, CEO of the immense size of the country’s team he describes as “a mixture
U.S.-owned Mexico Petroleum onshore reserves. While waiting of preeminent geologists and Growth in mexican-u.s. trade
Company (MPC), agrees: “The for these to become available to petroleum engineers from Mex- Manufacturing received 43.4%
Mexico-U.S. trade relationship is private investors, Waggoner’s ico and the U.S., and Spanish- of the FDI in Mexico in the first
not going away and the billions company worked in the U.S.’s speaking drillers who were the nine months of 2017 and is
of barrels of oil in Mexico are not Permian Basin, becoming effi- backbone of the Permian Basin’s another booming sector seeing
going away either.” cient at finding and extracting development.” MPC focuses on increasing Mexican-U.S. interac-
Waggoner has been studying oil cost-effectively. “the safe and efficient explora- tion. Arturo Merikanskas, CEO
Mexico’s oil and gas since the In Mexico, he has taken that tion and production of oil and of Grupo Merik Enterprises, a
1980s, when he became aware of experience and put together a gas from mature, established manufacturer and distributor of
Mexico Petroleum Company
an exploration and production company
Vision and Commitment
We combine decades of successful oil and
gas experience in Mexico with the best
practices of Permian Basin state-of-the-art
production technology.
Mexico Petroleum Company 222 Paseo de la Reforma, Level 18, Col. Juarez, Mexico City, 06600
Phone: +52 (55) 1253 7188 | Fax: +52 (55) 1253 7090 | Mexicopetroleumcompany.com



1
Economic Development

Promotion


items for both the automotive with end users. So we started clients who are con-
and residential sectors, says, “It a brand-recognition process. cerned about the
is business as usual. In fact, we We have opened about 50 sales possible ramifica-
have many new projects with franchises in our name and offices tions of any changes
U.S. companies that manufacture throughout the Americas. We to NAFTA.
in the U.S. but want to come to plan to double our number of “What we do is
Mexico to be more competitive.” franchises by next year.” analyze their contrac-
Grupo Merik Enterprises is To further penetrate the U.S., tual conditions, see
involved in the manufacturing Grupo Merik Enterprises has how tax increases
of metal auto parts, a sector bought innovative Canadian could affect them
William J. Arturo Merikanskas,
with “great growth potential,” door and gate-automation com- and, in case NAFTA
Waggoner, CEO, CEO, Grupo Merik
Merikanskas believes; “We have pany Service Door Industries, is dissolved, con-
Mexico Petroleum Enterprises
been granted many licenses to which extends its range of in- sider the relevant Company
produce goods in Mexico and demand technologies. To date, measures to take to
export them to the U.S. and the company has grown organi- prepare for the worst-case sce- substantial investments in elec-
elsewhere. To make the most cally, but it is now considering nario,” he explains. tricity and hydrogen, and in the
of this, we have embarked on bringing in external investors, in “An eventual increase in tar- construction sector there are big
new ventures, such as hot forg- order to take full advantage of iffs with the U.S. will not mean projects.”
ing, and are investing in renew- the potential in its markets. the end of commercial relations FDI is also coming in for world-
ing our processes to be more between us, and we should not class industries, as the Mexican
competitive.” The Legal Position forget that we have the Gen- workforce becomes increasingly
The company is also Mexico’s While there is general opti- eral Agreement on Tariffs and skilled and specialized, he points
market leader for garage doors mism about the future of trade Trade to fall back on,” Junquera out: “Mexico is the first coun-
and door openers, which it between the two countries, “it Sepúlveda notes. try to have a university focused
sells to property owners. Here is always better to prevent prob- Mexico already has a wide on the aeronautical sector, for
again, the company is confi- lems and be prepared,” states range of international trade example.”
dently investing. “We were very Junquera Sepúlveda. Junquera agreements, and he expects The legal system itself is a sec-
well positioned in business-to- y Forcada is one of a number more will follow. This, coupled tor that has seen considerable
business, but not necessarily of Mexican law firms with U.S. with the recent reforms in Mex- reform. “Today we have con-
ico, will soon result in a huge ciliation, arbitration and other
increase in FDI, he says: “The alternatives to solve conflicts.
severe structural reforms were We did not have these before
very important and are already and it favors international inves-
working — a window of oppor- tors. Everything is more agile and
tunity is opening for Mexico.” provides certainty,” he declares.
Junquera y Forcada is a lead- Luis A. Cervantes Muñiz, law-
JUNQUERA Y FORCADA, S.C
ing boutique firm that has had yer and partner at Cervantes
Integral Legal Services commercial and professional Sainz, confirms that Mexico’s
Civil, mercantile and criminal links with the U.S. for over three judicial and legal system “works
litigation services. decades. To ensure it continues if you want it to work — and if you
Legal consultancy at a domestic to offer its increasing number of know how to make it work. You
and international level. foreign clients the best advice, just have to know how to apply
Corporate consultancy.
it has joined more international or implement the law. My job is
bar associations and taken on to give credibility to the Mexican
extra staff, although it intends to legal system and to let investors
remain boutique and selective. know that they are protected.”
Its lawyers have also received One of the main differentia-
detailed training on the coun- tors of his firm of about 60 law-
try’s recent reforms, provid- yers is that it specializes in both
ing Junquera Sepúlveda with transactional and litigation ser-
insight into the prime sectors for vices. From offices in Querétaro,
investment. Cancún and Mexico City, the
Agriculture in Mexico is receiv- Cervantes Sainz team “goes to
ing significant FDI, Mexican criminal, civil and administrative
food products are increasingly courts every day,” notes Cer-
+52 (55) 5488-1420 visible around the world, and vantes Muñiz.
[email protected] the predicted boom in energy Another specialty is assisting
www.junquerayforcada.com.mx is not limited to oil and gas, he investors during mergers and
states: “We are witnessing very acquisitions, which Cervantes


2 Economic Development

Promotion


Muñiz believes will see dynamic do business in Mexico to seek García Alcocer.
activity in 2018, helped by a expert advice: “Mexico can be a The firm is very
relatively new competition law, complex market at times, espe- well positioned to
which “is modern, works and is cially for new investors. It is very assist corporations
constantly changing to adapt to important to be well backed up that trade disputes
reality,” he states. by a law firm that can provide between Mexico
“Mexico has always received the right guidance — especially and the U.S. may
foreign investment with open when it comes to litigation.” affect. “We’ve been
arms and has always treated Hegewisch’s father, Everardo advising many inter-
investors in a fair way. It will con- A. Hegewisch, founded the national companies Angel M. Junquera Fernando Hegewisch
tinue like that,” Cervantes Muñiz company in 1959. It is dedicated wishing to invest in Sepúlveda, Lawyer D. I., Lawyer and
adds, highlighting that numer- to litigation and consultation in Mexico who come and Partner, Partner, Hegewisch
ous international investors have civil, commercial and financial to us looking for Junquera y Forcada Abogados
been able to take advantage of matters, including national and advice on possible
this openness in sectors as var- international arbitration. It is also scenarios that may arise from instead to take on delicate cases
ied as financial services, bank- internationally recognized, with the current economic policy of and ensuring personal attention
ing, mining, automobiles and the Legal 500 ranking it as one of the U.S.,” notes García Alcocer. to our clients at all times.”
tourism. Mexico’s best firms for dispute In fact, many of its clients are As an experienced legal advi-
No shift in policies, he says, resolution. currently foreign individuals and sor to foreign investors, Gar-
will change the size of the oppor- Finance is a specialty, with international companies. cía Alcocer is adamant about
tunities in the country: “The Hegewisch authorized as a legal As for the firm’s growth strat- Mexico’s potential: “Today is
beaches will still be here, and so auditor of stockbroking compa- egy, García Alcocer says they it probably the best time to invest
will the land, the factories and nies, but the firm has up to ten has no plans for opening new in Mexico. Obviously the Trump
the workforce.” other attorneys, who have indi- offices because “the reality is factor and this year’s elections in
Cervantes Sainz has a “great vidual specializations. that clients are already coming Mexico represent risks. But the
business mix of corporate trans- “We are a boutique law firm to us.” Indeed, so keen is he to risks are transitory, and the fact
actional work, mergers and with a proven reputation over preserve the boutique quality is, a solid Mexican economy will
acquisitions, project finance, years of practice, with national of the firm that “major growth is always be an attraction for for-
energy, litigation and so on,” and international clients,” says not our principal goal, preferring eign investments.”
details Cervantes Muñiz. It Hegewisch. “I personally take
also has a reputation for being care of all my clients and all cases
Whatever
focused on retaining quality go through my hands, which I
control over the services it offers believe is key for the success of your need, our
experienced Law
and, as a result, it assists many of
Firm, with an
both our clients and the firm.”
the foreign investors coming into international client
Mexico. Now Is the Time to Invest base and offices
“Around 30%-40% of our cli- Another top lawyer, José Antonio in Mexico City,
ents are international, mainly García Alcocer, founded García Cancun and Bajio,
from the U.S.,” he says. When Alcocer Abogados over 30 years can help.
meeting potential clients, he is ago, and today heads a team of • Complex and sophisticated
happy to tell them: “Come to 15 lawyers and support staff. civil, commercial,
antitrust and securities
me, because in this country the Since its foundation, the firm litigation
law exists and it works in favor of has been boutique in nature and
• Aviation as well
those who know how to use it.” in recent years has focused on as aircraft finance
Fernando Hegewisch D. I., developing a solid arbitration • Bank, stock exchange
lawyer and partner at Hegewisch practice. “We always recom- and financial
Abogados, agrees that it is mend the client to negotiate first • Economic competition
important for those looking to before choosing litigation,” says • Corporate and mercantile
• Energy
• Mergers and acquisitions
• Real estate
The solution to commercial, financial • Insolvency and
and civil litigation issues in Mexico restructuring
• Labor
Jose Ma Ibarrán No 29 Col San Jose Insurgentes,
Mexico City, Mexico
Tel: +52-55 5651-0600 | Fax: +52-55 5660-8190 Tel: +52 (55) 9178 5040
[email protected] [email protected] | www.cervantessainz.com
www.hegewisch.com.mx
M E x i c o c i T y · c A N c U N · B A j i o


3
Economic Development

Th e World’ s billiona ir e s
WeaLTh
TOp SecTORS ORIgIn
Russia ENERGY 18 22 andRey andReeV
NeWcomer: this russian entrepre-
METALS & MINING
16 100% neur is the ultimate matchmaker. in
2004 he founded mamba (renamed
FINANCE & INVESTMENTS wamba), a russian online dating site
GDP: $1.6 TRIL 8
PoPulation: 144 MIL InheRITed & gROWIng that now has 31 million users in 15
MANUFACTURING InheRITed countries. two years later he started
Billionaires: 102 (+6 VS. 2017) SeLf-Made
total net worth: $410.8 BIL (+$24.5 BIL VS. 2017) Badoo, today the world’s largest online
dating site, with over 377 million users
in 47 languages across 190 countries.
most recently he invested $10 million
Dmitry rybolovlev in seed money for a 79% stake in Bum-
ble, america’s fastest-growing dat-
trophy: Rybolovlev sold Leonardo da Vinci’s “Salvator Mundi” for a ing-app company, with over 28
rec ord-breaking $450 million in November; the buyer was reported to million registered users.
be Saudi Arabia’s Crown Prince Mohammed bin Salman. Despite the
high price, Rybolovlev is suing the art dealer, Yves Bouvier, who brokered
the original sale to him for $127.5 million in 2013. Rybolovlev, who acquired
38 works through Bouvier, alleges that he was overcharged by an estimated $1 bil-
lion for the combined purchases. Bouvier denies any wrongdoing.




sT. PETERsbuRg


o
p
v
t
e
SeverStaL cherepovetS
r
e
h
e
Alexei MordAshov
suRguT
Fc Spartak MoScow
leonid Fedun solIkAmsk
VERkhnyAyA
Fc kraSnodar chElyAbInsk PyshmA
sergei gAlitsky
yEkATERInbuRg
kAzAn 4
kRAsnodAR
kraSnaya mAgnITogoRsk
poLyana Lake BaikaL
Sochi IRkuTsk
Vladimir Lisin 
$19.1 BIL #57 steel, transPort
alexey Mordashov 
$18.7 BIL #60 steel,
OLeg deRIpaSka investments
a
m
NeWSmaker: : Leonid Mikhelson 
NeWSmaker: russian state
k
e
r
media watchdog roskomnad- $18 BIL #64 Gas, chemicals
zor reportedly threatened in Vagit alekperov 
february to block youtube and $16.4 BIL #78 oil
instagram if the sites did not gennady Timchenko 
moscow take down content showing $16 BIL #82 oil, Gas
77 aluminum tycoon Deripaska on Vladimir potanin 
a yacht with politician sergei $15.9 BIL #83 metals LeOnId fedUn
Prikhodko and nastya rybka, a andrey Melnichenko 
21-year-old social media figure $15.5 BIL #88 coal, fertilizer trophy: The Lukoil ex-
who has called herself Deripas- Mikhail fridman  ecutive invested a reported
ka’s mistress on instagram. the $15.1 BIL #93 oil, BankinG, $500 million in Otkritie Arena,
ultimatum came after he won telecom a soccer stadium in Moscow. The
EXPATRIATEs an injunction in russia in feb- Viktor Vekselberg  stadium, which hosted its first game
11 in 2014, is home to Fedun’s soccer
ruary, citing invasion of privacy. $14.4 BIL #99 metals, enerGy
instagram complied in russia. alisher Usmanov  team, FC Spartak Moscow. It will
youtube has not yet. $12.5 BIL #118 steel, telecom, host matches during the 2018 FIFA
investments World Cup.
Wealth StatuS:
uP down  unchAngEd 
gr
ound
y
pL
a
tech
-gr
Mining &
o
oiL & gaS FieLdS
wing
wine
wine-growing oiL & g a S FieLd S Mining & tiMBer FinanciaL SportS te ch pLayground nEw★ RETuRnEE 
FinanciaL
tiMBer
region
re gion and depoSitS S Miner aL S center teaM center
MineraLS
center
center
and dep
o
Sit
110 | FORBES MaRch 31, 2018 sPorts team Denotes Billionaire-
owneD sPorts team

alexander Svetakov  anatoly Lomakin 
$3.3 BIL #703 BankinG, $1.4 BIL #1650 fertilizer singapoRe
real estate
kirill Shamalov 
arkady Rotenberg  $1.4 BIL #1650
$3 BIL #791 construction, Petrochemicals
PiPes, BankinG GDP: $311 BIL
gavril yushvaev  PoPulation: 6 MIL
Igor kesaev  $1.4 BIL #1650 Precious
$2.4 BIL #1020 toBacco metals, real estate Billionaires: 22 (+1 VS. 2017)
DistriBution, retail total net worth: $64.5 BIL (+$5.1 BIL VS. 2017)
Leonid Boguslavsky 
alexander Mamut  $1.3 BIL #1756 venture caPital
$2.4 BIL #1020 investments
andrei kosogov 
alexander frolov  $1.3 BIL #1756 oil, BankinG, sIngAPoRE
$2.2 BIL #1103 mininG, steel telecom 20
Oleg Tinkov  elena Baturina 
$2.2 BIL #1103 BankinG $1.2 BIL #1867 construction
nikolai Buinov  gleb fetisov 
$2.1 BIL #1157 oil, Gas $1.2 BIL #1867 investments
Roman abramovich 
$10.8 BIL #140 steel, Igor Makarov  Sergei kolesnikov ★
investments $2.1 BIL #1157 Gas $1.2 BIL #1867
BuilDinG materials
german khan  alexey Repik ★
$9.8 BIL #152 oil, BankinG, $2.1 BIL #1157 Ziyavudin Magomedov  Marina Bay
telecom Pharmaceuticals $1.2 BIL #1867 Port, Gas
Mikhail prokhorov  andrei Bokarev  andrei Molchanov 
$9.6 BIL #158 investments $2 BIL #1215 metals, mininG $1.2 BIL #1867 construction
materials EXPATRIATEs
Viktor Rashnikov  Vadim Moshkovich  2
$9.3 BIL #164 steel $2 BIL #1215 aGriculture, Boris Rotenberg 
lanD $1.2 BIL #1867 construction,
alexei kuzmichev  PiPes, chemicals Min-liang tan
$7.6 BIL #205 oil, BankinG, Vladimir yevtushenkov 
telecom $2 BIL #1215 telecom, Igor Rybakov ★ NeWcomer: In November, just
investments $1.2 BIL #1867 BuilDinG
Iskander Makhmudov  materials after he turned 40, Tan listed
$7.3 BIL #211 mininG, metals, alexander nesis  Razer, which makes products like
machinery $1.9 BIL #1284 metals, BankinG, airat Shaimiev  keyboards and headphones for
fertilizer $1.2 BIL #1867 refinery,
Leonid fedun  chemicals videogame players; he was a bil-
$6.9 BIL #237 oil Megdet Rahimkulov  lionaire the next day. He quit his
$1.9 BIL #1284 investments Radik Shaimiev 
dmitry Rybolovlev  $1.2 BIL #1867 refinery, job as a lawyer to cofound Razer
$6.8 BIL #242 fertilizer aras agalarov  chemicals in 2005. Its investors include
$1.8 BIL #1339 real estate
Oleg deripaska  Mikhail Shelkov ★ Temasek Holdings and Hong Kong
$6.7 BIL #248 aluminum, Vladimir Bogdanov  $1.2 BIL #1867 titanium legend Li Ka-shing.
utilities $1.8 BIL #1339 oil
Leonid Simanovsky 
Suleiman kerimov  Roman avdeev  $1.2 BIL #1867 investments Robert & philip ng  Ong Beng Seng & christina
$6.4 BIL #265 investments $1.7 BIL #1394 BankinG, $10.8 BIL #140 real estate Ong 
DeveloPment Vadim yakunin  $2.1 BIL #1157 DiversifieD
alexander abramov  $1.2 BIL #1867 Pharmacy goh cheng Liang 
$5.2 BIL #372 steel, mininG pavel durov ★ $7 BIL #228 Paints Sam goi 
$1.7 BIL #1394 messaGinG aPP andrei filatov  $2 BIL #1215 frozen fooDs
pyotr aven  $1.1 BIL #1999 Ports, Wee cho yaw 
$5.1 BIL #382 oil, BankinG, Sergei gordeev  rail transPort $6.6 BIL #251 BankinG chung chang yun 
telecom $1.7 BIL #1394 real estate kwee family  $1.9 BIL #1284 shiPPinG
Vladimir kogan ★
andrei Skoch  konstantin Strukov ★ $1.1 BIL #1999 BankinG $5.6 BIL #321 real estate Zhong Sheng Jian 
$4.9 BIL #404 steel $1.7 BIL #1394 GolD, coal Jason chang  $1.8 BIL #1339 real estate
nikita Mishin 
Mikhail gutseriev  Roman Trotsenko  $1.1 BIL #1999 Ports, $2.9 BIL #822 electronics Lim Oon kuin 
$4.8 BIL #422 oil, $1.7 BIL #1394 transPort, rail transPort kwek Leng Beng  $1.7 BIL #1394 oil traDinG
real estate enGineerinG, real estate $2.9 BIL #822 real estate
konstantin nikolaev  asok kumar hiranandani 
andrei kozitsyn  alexander dzhaparidze  $1.1 BIL #1999 Ports, Raj kumar & kishin Rk  $1.5 BIL #1561 real estate
$4.8 BIL #422 metals $1.6 BIL #1477 oil services rail transPort $2.6 BIL #924 real estate chua Thian poh 
andrei guriev  dmitry pumpyansky  andrei Rappoport  Zhao Tao  $1.4 BIL #1650 real estate
$4.5 BIL #466 fertilizer $1.6 BIL #1477 steel PiPes $1.1 BIL #1999 investments $2.5 BIL #965 Pharmaceuticals Oei hong Leong 
Sergei popov  andrey andreev ★ Igor Rotenberg ★ peter Lim  $1.4 BIL #1650 investments
$4.5 BIL #466 BankinG $1.5 BIL #1561 online DatinG $1.1 BIL #1999 construction, $2.2 BIL #1103 investments Ron Sim 
Sergei galitsky  Oleg Boyko  real estate choo chong ngen  $1.2 BIL #1867 retail
$4 BIL #550 retail $1.5 BIL #1561 finance, albert Shigaboutdinov  $2.1 BIL #1157 hotels
GamBlinG koh Wee Meng 
Viatcheslav kantor  $1.1 BIL #1999 refinery, kuok khoon hong  $1.1 BIL #1999 real estate,
$3.7 BIL #606 fertilizer, alexander klyachin  chemicals $2.1 BIL #1157 Palm oil hotels
real estate $1.5 BIL #1561 real estate Rustem Sulteev  Min-Liang Tan ★
Samvel karapetyan  yuri Shefler  $1.1 BIL #1999 refinery, $1.1 BIL #1999 GaminG
$3.7 BIL #606 real estate $1.5 BIL #1561 alcohol chemicals
yuri Milner  arkady Volozh  eduard chukhlebov ★
$3.7 BIL #606 $1.5 BIL #1561 search enGine $1 BIL #2124 metallurGy slovakia
tech investments filaret galchev 
farkhad akhmedov 
dmitry kamenshchik  $1.4 BIL #1650 natural Gas $1 BIL #2124 construction GDP: $95.5 BIL
$3.5 BIL #652 airPort materials
Vasily anisimov  PoPulation: 5 MIL
Igor altushkin  $1.4 BIL #1650 real estate yuri gushchin  Billionaires: 1
$3.4 BIL #679 metals $1 BIL #2124 canDy,
eugene kaspersky  real estate total net worth: $1.3 BIL (+$200 MIL VS. 2017)
alexander ponomarenko  $1.4 BIL #1650 software
$3.4 BIL #679 Ports Igor kudryashkin ★
Viktor kharitonin  $1 BIL #2124 metallurGy
alexander Skorobogatko  $1.4 BIL #1650 Ivan chrenko 
$3.4 BIL #679 Ports Pharmaceuticals Lev kvetnoi  $1.3 BIL #1756 real estate
$1 BIL #2124 cement, airPort
Zarakh Iliev  pyotr kondrashev 
$3.3 BIL #703 real estate $1.4 BIL #1650 fertilizer Sergei petrov 
$1 BIL #2124 auto DealershiPs
god nisanov  yuri kovalchuk 
$3.3 BIL #703 real estate $1.4 BIL #1650 BankinG,
insurance, meDia bRATIslAVA
Da vinci: ilya s. savenok/Getty imaGes; DeriPaska : serGei savostyanov\tass/Getty imaGes; anDreev: tom stockill/camera Press/reDux;
otkritie arena: roman siGaev/alamy; tan: DaviD Paul morris/BloomBerG MaRch 31, 2018 FORBES | 111

TH E WORLDÕ S BILLIONA IR E S

ST. KITTS MYRON WENTZ SOUTH AFRICA
& NEVIS NEWCOMER: Brief- GDP: $346 BIL
ly a billionaire in May


2015, Wentz official- POPULATION: 57 MIL
GDP: $951.7 MIL ly joins the ranks thanks BILLIONAIRES: 5 (–3 VS. 2017) JOHANNESBURG 2
POPULATION: 55,000 to a 30% rally in shares TOTAL NET WORTH: $20.9 BIL
BILLIONAIRES: 3 (+1 VS. 2017) of his multilevel market- (–$5.7 BIL VS. 2017)
TOTAL NET WORTH: $4.2 BIL ing company USANA
(–$700 MIL VS. 2017) Health Sciences, which Nicky Oppenheimer &
sells vitamins and family 
skin-care prod- $7.7 BIL #202 DIAMONDS
ucts. Wentz, who founded USANA Johann Rupert & family 
in 1992, renounced his U.S. $7 BIL #228 LUXURY GOODS DURBAN
citizenship in the mid-1990s. Koos Bekker 
Wu Xu  $2.6 BIL #924 MEDIA,
$1.6 BIL #1477 REAL ESTATE He spends much of his time INVESTMENTS CLIFTON
CLIFTON
in the Cayman Islands
Jacky Xu  and Rosarito, Mexico, Patrice Motsepe  CAMPS BAY FRANSCHHOEK
$1.5 BIL #1561 APPAREL
where his Sanoviv $2.4 BIL #1020 MINING
Myron Wentz ★ Medical Institute is Stephen Saad 
$1.1 BIL #1999 EXPATRIATES $1.2 BIL #1867
HEALTH PRODUCTS 3 located.
P
A
C

W
2
N

E
O
T
PHARMACEUTICALS CAPE TOWN 2
SOUTH KOREA
WEALTH DIGITAL MEDIA CITY
GDP: $1.5 TRIL TOP SECTORS ORIGIN SAMSUNG TOWN
POPULATION: 51 MIL TEHERAN VALLEY SEOUL LG TWINS
11
BILLIONAIRES: 44 (+6 VS. 2017) TECHNOLOGY 11% 41 KOO BON-MOO
TOTAL NET WORTH: $126.8 BIL 7 41%
(+$34.1 BIL VS. 2017) DIVERSIFIED
48% ANYANG
6
FASHION & RETAIL
4
INHERITED & GROWING
MANUFACTURING INHERITED
SELF-MADE
4
FINANCE & INVESTMENTS
DAEDEOK SCIENCE TOWN
Lee Kun-Hee  Chung Eui-Sun  Lee Seo-Hyun 
$18.6 BIL #61 SAMSUNG $2.6 BIL #924 LOGISTICS $1.9 BIL #1284 COMPUTER
SERVICES, TOURISM
Seo Jung-Jin  Lee Joong-Keun 
$11.9 BIL #126 BIOTECH $2.3 BIL #1070 CONSTRUCTION, Park Hyeon-Joo 
REAL ESTATE $1.9 BIL #1284 MUTUAL FUNDS
Jay Y. Lee 
$7.4 BIL #207 SAMSUNG Koo Bon-Moo  Chung Mong-Joon  JEONBUK HYUNDAI
MOTORS
$2.2 BIL #1103 DIVERSIFIED $1.8 BIL #1339 SHIPBUILDING, CHUNG MONG-KOO
Suh Kyung-Bae  INDUSTRIAL MACHINES
$7.1 BIL #222 COSMETICS Shin Chang-Jae 
$2.1 BIL #1157 INSURANCE Kim Jun-Ki 
Kim Jung-Ju  $1.7 BIL #1394 DIVERSIFIED
$6.9 BIL #237 ONLINE GAMES Lee Boo-Jin  GIMHAE
$2 BIL #1215 COMPUTER Park Yeon-Cha ★
Kwon Hyuk-Bin  SERVICES, TOURISM $1.7 BIL #1394 SNEAKERS
$5.8 BIL #305 ONLINE GAMES
Lee Jay-Hyun  Cho Jung-Ho 
Chung Mong-Koo  $2 BIL #1215 FOOD PRODUCTS, $1.6 BIL #1477 FINANCE
$4.9 BIL #404 MOTOR VEHICLES
ENTERTAINMENT
Chey Tae-Won  Lee Myung-Hee  Kim Taek-Jin 
$1.6 BIL #1477 ONLINE GAMES
$4.5 BIL #466 IT, TELECOM
$1.9 BIL #1284 RETAIL
Lim Sung-Ki  Shin Dong-Guk ★
$1.6 BIL #1477
$3.6 BIL #629 PHARMACEUTICALS EXPATRIATE
PHARMACEUTICALS 1
Kim Nam-Jung 
Kim Beom-Su  $1.5 BIL #1561 FOOD
$2.7 BIL #887 ONLINE SERVICES
Chang Pyung-Soon  JEJU UNITED Lee Joon-Ho ★
Bang Jun-Hyuk  $1.4 BIL #1650 CHEY TAE-WON $1.1 BIL #1999 ONLINE GAMES
$2.6 BIL #924 ONLINE GAMING
EDUCATIONAL SERVICES Lee Sang-Hyuk 
$1.1 BIL #1999 INVESTMENTS
Chey Ki-Won 
$1.4 BIL #1650 COMPUTER Shin Dong-Joo 
SERVICES, TELECOM $1.1 BIL #1999 RETAIL
Seo Jung-Jin Chung Yong-Jin  Lee Ho-Jin  Cho Yang-Rai 
$1.3 BIL #1756 DIVERSIFIED
BIGGEST GAINER: The bio- $1.4 BIL #1650 RETAIL Hong Seok-Joh  $1 BIL #2124

pharma tycoon’s wealth soared Hur Young-In  $1.2 BIL #1867 TIRE MANUFACTURING
by $9.7 billion in the past year, $1.4 BIL #1650 BAKERIES, CONVENIENCE STORES Kim Dae-Il ★

up 440%, as shares in Celltrion jumped after it released a drug to FAST FOOD Lee Hae-Jin  $1 BIL #2124 MOBILE GAMING
treat non-Hodgkin’s lymphoma and rheumatoid arthritis. A for- Shin Dong-Bin  $1.2 BIL #1867 INTERNET Michael Kim ★
mer employee of Samsung Electro-Mechanics, Seo also worked at $1.4 BIL #1650 RETAIL Koo Bon-Joon  $1 BIL #2124 INVESTMENTS
Daewoo Motor but left in 1999 shortly before the company filed for Koo Bon-Neung  $1.1 BIL #1999 ELECTRONICS, Koo Bon-Sik 


bankruptcy. He founded Celltrion in 2002 . $1.3 BIL #1756 ELECTRONICS HOUSEHOLD PRODUCTS $1 BIL #2124 ELECTRONICS,
HOUSEHOLD PRODUCTS WENTZ: PAUL ZIMMERMAN/GETTY IMAGES 
WEALTH STATUS:
UP DOWN  UNCHANGED 
OUND
-GR
O
MINING &
A
S FIELD
WING
OIL & G
TIMBER
TECH
FINANCIAL
WINE-GROWING OIL & GAS FIELDS S MINING & TIMBER FINANCIAL SPORTS TE CH PLAYGROUND NEW★ RETURNEE 
WINE
Y
A
PL
GR
SIT
CENTER
O
AND DEP
CENTER
GION
RE
MINERALS
REGION AND DEPOSITS S MINER AL S CENTER TEAM CENTER
112 | FORBES MARCH 31, 2018 SPORTS TEAM DENOTES BILLIONAIRE-
OWNED SPORTS TEAM

IF YOU THINK YOU KNOW SALES. . .
IF YOU THINK YOU KNOW SALES. . .
OU DON’T KNOW JACK!
Y
YOU DON’T KNOW JACK!

Make the best financial decisions.
Be empowered to transform your life.
V
VISIT JACKDALY.NET TO GET YOUR COPY ISIT
OF HYPER SALES GROWTH
“Winning teams result from strong cultures and
leadership driven systems and processes. In the world
of sales, as detailed in Hyper Sales Growth, JACK DALY
knows how to lead and win.”
A L Z D E N E K . C O M
A L Z D E N E K . C O M
PAT WILLIAMS, Co-Founder, Orlando Magic

MARK MOSES
Live Your Best Day Ever
contains very solid practical information and doable
contains very solid practical information and doable
steps that anyone can take to enhance their life and
steps that anyone can take to enhance their life and
build their business. When you’re stuck, open a page
build their business. When you’re stuck, open a page
How to LIVE, WORK, and Give BIG and see what the message is for you. Then do it.

and see what the message is
for you. Then do it.
CHRISTIANE NORTHRUP, M.D.
“Mark is a great ‘student’ of business
PHYSICIAN AND NEW YORK TIMES BESTSELLING AUTHOR
with a passion for helping his fellow
entrepreneurs. His practical approaches
and questions are golden.” Live Your Best Day Ever:
VERNE HARNISH
Thirty-Five Strategies for Daily Success
Visit MAKEBIGHAPPEN.COM ANNE-MARIEFAIOLA.COM GET IT
to start living BIG! NOW!
NEW RELEASES FROM

Z
The Wolves and MATT AGULA
the Mandolin S S S M A R T
R
A
T
T
A
M
SMART
R
M
BRANDON VALLORANI
I HATE TAXES, AND YOU SHOULD TOO.
I HATE TAXES,
Life, Liberty, & the Pursuit
IT’S TIME TO STOP HATING AND DO
of the American Dream. IT’S TIME TO STOP HATING AND DO
SOMETHING ABOUT IT.
GET YOURS VALLORANIESTATES.COM
E
I
N
S
T
A
T
A
A
VALLORANIESTATES.COM
V
L
R
O
L
C
.
M
O
E
S
NOW!
SMARTRETIREE.COM
JEFF THOMPSON, MD
JEFF THOMPSON, MD
E
E
O

O
C
P
T
M
G
L LEADING CULTURES TO COMPETE

U
C
A
E
D
N
I
E
R
S
T

T
L
U
AND DRIVE LONG
SUCCESSFULLY AND DRIVE LONG
TERM POSITIVE CHANGE
T H E N E U R O S C I E N C E T H AT D R I V E S
HIGHPERFORMANCE CULTURES
LEAD TRUE
TRUE
D
A
L
E
Don Rheem
Don Rheem
Visit JeffThompsonMD.com
Learn more at DonRheem.com for more information.

TH E WORLD’ S BILLIONA IR E S

SPAIN SWEDEN

GDP: $540.6 BIL
POPULATION: 10 MIL
GDP: $1.3 TRIL BILLIONAIRES: 32 (+1 VS. 2017)
POPULATION: 47 MIL TOTAL NET WORTH: $124.6 BIL
BILLIONAIRES: 29 (+4 VS. 2017) (+$7.1 BIL VS. 2017)
TOTAL NET WORTH: $136 BIL
(+$11.3 BIL VS. 2017)

ISAK ANDIC

NEWSMAKER: His fast-fashion retailer Mango hit the skids amid stiff competition from the likes of H&M

and Zara. The Barcelona-based company, which Andic founded in 1984, closed its nearly 450 U.S. mini-bou-

tiques inside JCPenney stores in 2016, leaving it with just 10 stand-alone American stores. The company also

announced its first-ever loss: $68 million on $2.5 billion in revenue in 2016.
SKINNSKATTEBERG
REAL OVIEDO
CARLOS SLIM HELU
LA CORUNA
3
MATADEPERA EXPATRIATES
DEPORTIVO DE LA CORUNA 11 STOCKHOLM
AMANCIO ORTEGA
GOTHENBURG 14
5
BARCELONA BASTAD
HELSINGBORG
TOREKOV
VILLARREAL CF ESPORLES
FERNANDO ROIG
IBIZA Stefan Persson  Erik Selin 
$16.8 BIL #73 H&M $1.9 BIL #1284 REAL ESTATE
MADRID PALMA DE
MAJORCA
16 Hans Rausing  Karl-Johan Persson 
VALENCIA $12.5 BIL #118 PACKAGING $1.6 BIL #1477 H&M
VALENCIA CF 3
PETER LIM Melker Schorling  Tom Persson 
$8.2 BIL #185 INVESTMENTS $1.6 BIL #1477 H&M
FORMENTERA
Frederik Paulsen  Charlotte Soderstrom 
$7.3 BIL #211 HEALTH CARE $1.6 BIL #1477 H&M
Jorn Rausing  Carl Douglas 
$7 BIL #228 PACKAGING $1.5 BIL #1561 INVESTMENTS
EXPATRIATES Finn Rausing  Eric Douglas 
MARBELLA 2 $6.6 BIL #251 PACKAGING $1.5 BIL #1561 INVESTMENTS
Kirsten Rausing  Madeleine Olsson Ericksson 
$6.6 BIL #251 PACKAGING $1.5 BIL #1561 DIVERSIFIED
Amancio Ortega  Tomas Olivo Lopez ★ Maria Del Pino y Calvo-
$70 BIL #6 ZARA $2.2 BIL #1103 SHOPPING CENTERS Sotelo  Antonia Ax:son Johnson  Thomas Sandell 
$1.4 BIL #1650 CONSTRUCTION $6.3 BIL #274 DIVERSIFIED $1.5 BIL #1561 HEDGE FUNDS
Sandra Ortega Mera  Manuel Jove 
$6.9 BIL #237 ZARA $2.1 BIL #1157 REAL ESTATE Fernando Roig  Dan Olsson  Markus Persson 
$1.4 BIL #1650 SUPERMARKETS $6 BIL #289 DIVERSIFIED $1.4 BIL #1650
Juan Roig  Florentino Perez  COMPUTER GAMES
$4.5 BIL #466 SUPERMARKETS $2 BIL #1215 CONSTRUCTION Jose Llado Fernandez- Fredrik Lundberg 
Urrutia  $4.7 BIL #441 REAL ESTATE, Louise Lindh 
Miguel Fluxa Rossello  Francisco Jose Riberas $1.3 BIL #1756 CONSTRUCTION INVESTMENTS $1.3 BIL #1756 INVESTMENTS
$4.4 BIL #480 HOTELS Mera 
$2 BIL #1215 STEEL, AUTO PARTS Isak Andic & family  Bertil Hult  Katarina Martinson 
Rafael Del Pino y Calvo- $4.5 BIL #466 EDUCATION $1.3 BIL #1756 INVESTMENTS
Sotelo  Gabriel Escarrer  $1.2 BIL #1867 FASHION RETAIL
$3.4 BIL #679 CONSTRUCTION $1.8 BIL #1339 HOTELS Jose Maria Aristrain  Carl Bennet  Erik Paulsson 
Juan-Miguel Villar Mir & Juan Maria Riberas Mera  $1.2 BIL #1867 STEEL $4.1 BIL #527 INVESTMENTS $1.2 BIL #1867 CONSTRUCTION,
REAL ESTATE
family  $1.7 BIL #1394 STEEL Sol Daurella  Gustaf Douglas 
$3.4 BIL #679 CONSTRUCTION $1.2 BIL #1867 COCA-COLA $3.8 BIL #588 INVESTMENTS Jonas Kamprad 
Alberto Alcocer  $1.1 BIL #1999 IKEA
Manuel Lao Hernandez  $1.4 BIL #1650 INVESTMENTS D. Leopoldo Del Pino y Stefan Olsson 
$3.1 BIL #766 GAMBLING Calvo-Sotelo  $2.8 BIL #859 DIVERSIFIED Mathias Kamprad 
Alberto Cortina  $1.2 BIL #1867 CONSTRUCTION $1.1 BIL #1999 IKEA
Alicia Koplowitz  $1.4 BIL #1650 INVESTMENTS Torbjorn Tornqvist 
$2.9 BIL #822 CONSTRUCTION, Alberto Palatchi ★ $2.6 BIL #924 OIL TRADING Peter Kamprad 
INVESTMENTS $1.1 BIL #1999 WEDDING DRESSES $1.1 BIL #1999 IKEA
Lottie Tham 
Helena Revoredo  $2.5 BIL #965 H&M Jenny Lindén Urnes ★
$2.7 BIL #887 Alberto Palatchi $1.1 BIL #1999 POWDERED METAL
SECURITY SERVICES
Juan Abello  NEWCOMER: In October
$2.6 BIL #924 INVESTMENTS Palatchi sold 90% of wed-
ding dress company Pronovias SWAZILAND
Daniel Mate 

$2.6 BIL #924 MINING, to British private equity firm BC ANDIC: MIQUEL BENITEZ/GETTY IMAGES; PRONOVIAS; ROBERT MARQUARDT/GETTY IMAGES
COMMODITIES Partners for an estimated $655 mil- GDP: $4.7 BIL

Jaime Botin  lion. The dressmaker, which initially POPULATION: 1 MIL
$2.5 BIL #965 BANKING specialized in lace and silk fabrics, BILLIONAIRES: 1 EXPATRIATE
was founded in 1922 by Palatchi’s 1
Hortensia Herrero  TOTAL NET WORTH: $4.3 BIL

$2.4 BIL #1020 SUPERMARKETS father, who had fled Turkey for Bar- (+$400 MIL VS. 2017) Nathan Kirsh 
celona during World War I. $4.3 BIL #499 RETAIL,
REAL ESTATE
WEALTH STATUS:
UP DOWN  UNCHANGED 
A
TIMBER
MINING &
FINANCIAL
OIL & G
WINE -GR O WING OIL & GAS FIELDS S MINING & TIMBER FINANCIAL SP OR T S TECH PL A Y GR OUND NEW★ RETURNEE 
SPORTS
S FIELD
WINE-GROWING
PLAYGROUND
CH
TE
O
SIT
AND DEP
RE GION AND DEPOSITS S MINER AL S CENTER TEAM CENTER
REGION
CENTER
TEAM
MINERALS
CENTER
114 | FORBES MARCH 31, 2018 SPORTS TEAM DENOTES BILLIONAIRE-
OWNED SPORTS TEAM

LEARN & PROFIT FROM FORBES' ALL-INCLUSIVE PACKAGES

WORLD-CLASS INVESTMENT EXPERTS
WORLD-CLASS INVESTMENT EXPERTS
AS LOW AS $4,470
per person double occupancy




JANUARY 24 - FEBRUARY 3, 2019
MoneyShow presents
10 Days  Aboard Crystal Symphony
The 31 st
Rio de Janeiro


to Buenos Aires
Cruise for Investors













Sail with me and our extraordinary
roster of experts to South
America for 10 beautiful days
of learning, relaxation, and
profitable insights.
STEVE FORBES





RIO DE JANEIRO  BUZIOS  ILHABELA  PUNTA DEL ESTE  MONTEVIDEO  BUENOS AIRES















WHY CRUISE WITH FORBES?
• GET the latest advice, insights, and strategies from elite money experts
• PROFIT from specific recommendations for your investment portfolio
• MEET and mingle with Steve and his team during receptions, dinners, and seminars
• DISCOVER the breathtaking beauty and vibrant cultures of Brazil and Argentina
• RELAX in style aboard the all-inclusive, six-star Crystal Symphony


Call 800-530-0770 to Request Your FREE Brochure! Mention Priority Code 044807

TH E WORLDÕ S BILLIONA IR E S

Martin Haefner 
SWITZERLAND $3 BIL #791 SOFTWARE,
INVESTMENTS
Sergio Mantegazza 
$2.9 BIL #822 TRAVEL
WEALTH GDP: $677.8 BIL
TOP SECTORS ORIGIN Thomas Straumann 
POPULATION: 8 MIL
8 BILLIONAIRES: 36 $2.7 BIL #887 DENTAL IMPLANTS
FINANCE & INVESTMENTS TOTAL NET WORTH: $123.8 BIL Stephan Schmidheiny 
30%
8 (+$16.4 BIL VS. 2017) BENJAMIN DE ROTHSCHILD $2.5 BIL #965 INVESTMENTS
53%
HEALTH CARE Marcel Erni 

6 17% TROPHY: The banking heir con- $2.4 BIL #1020 PRIVATE EQUITY
MANUFACTURING tinues his famous family’s lega- Alfred Gantner 
2 INHERITED & GROWING cy in the French Alps. In Decem-
INHERITED $2.4 BIL #1020 PRIVATE EQUITY
FASHION & RETAIL SELF-MADE ber, he opened the Four Seasons
2 Urs Wietlisbach 


Hotel Megève. The resort offers
FOOD & BEVERAGE $2.4 BIL #1020 PRIVATE EQUITY
helicopter ski safaris, glacier snow-
shoeing and canyon jumping. His grandmoth- Eva Maria Bucher-Haefner 
er Noemie bought land in the alpine village in $2.3 BIL #1070
COMPUTER ASSOCIATES
1920. King Albert I of Belgium was an early
guest; Audrey Hepburn and Cary Grant filmed Thomas Flohr ★

$2.3 BIL #1070 AVIATION
a sequence of Charade at the pool in the older
EXPATRIATES hotel (built by Benjamin’s father, Edmond). Peter Spuhler 
3 $2.3 BIL #1070 TRAIN CARS
BASEL
3 RHEINFELDEN Karl Scheufele III & family 
ZSC LIONS RUSCHLIKON $2.2 BIL #1103 JEWELRY
BINNINGEN
WALTER FREY
Maja Oeri 
$2.1 BIL #1157 ROCHE HOLDING
WILEN
3 Georg von Opel 
WEININGEN $2.1 BIL #1157 REAL ESTATE,
INVESTMENTS
ZURICH JONA
5 FELDMEILEN Miriam Baumann-Blocher 
HURDEN $1.9 BIL #1284 CHEMICALS
Jean-Paul & Martine
LUCERNE Clozel 
BULLE $1.9 BIL #1284
PHARMACEUTICALS
ZUG DAVOS Benjamin de Rothschild 
VAUD CANTON 4 $1.9 BIL #1284 BANKING
Willy Michel 
$1.8 BIL #1339 MEDICAL DEVICES
GSTAAD
ST. MORITZ
Matthias Reinhart 
$1.8 BIL #1339 FINANCE
Thomas Meyer 
GENEVA
3 $1.5 BIL #1561
APPAREL RETAILER
VERBIER Gianluigi & Rafaela Aponte 
$9.3 BIL #164 SHIPPING Gary Fegel 
$1.4 BIL #1650
ZERMATT LUGANO Ernesto Bertarelli  COMMODITIES TRADING
$8.9 BIL #174 BIOTECH, Markus Blocher 
INVESTMENTS
$1.3 BIL #1756 CHEMICALS
Willi & Isolde Liebherr & Beda Diethelm 
family  $1.2 BIL #1867 HEARING AIDS
$7.1 BIL #222 CONSTRUCTION
Ivan Glasenberg 
$6.5 BIL #261 MINING
Hansjoerg Wyss 
$5.7 BIL #315 MEDICAL DEVICES
Rahel Blocher 
$5.5 BIL #334 CHEMICALS
Magdalena Martullo-
Blocher 
Thomas Flohr $5.5 BIL #334 CHEMICALS
NEWCOMER: His private Margarita Louis-Dreyfus &
family 
aviation company, Vista- $5.4 BIL #351 COMMODITIES Thomas
Jet, raised $200 million Straumann
in August at a $2.7 billion Thomas Schmidheiny 
$5 BIL #388 CEMENT
valuation. Flohr founded TROPHY: Les Trois
VistaJet with three air- Dona Bertarelli  Rois (“The Three Kings”) hotel


$4.6 BIL #456 BIOTECH
craft in 2004; it now has has had quite the guest list:

72 planes that fly heads Michael Pieper  Since the 17th century it has
of state, executives, en- $4.1 BIL #527 hosted Casanova, Napoleon
KITCHEN APPLIANCES
trepreneurs and high- and Hans Christian An der sen.
net-worth individuals to Rudolf Maag  In 2004 Straumann, a dental-
187 countries. Flohr him- $3.4 BIL #679 MEDICAL DEVICES implant billionaire, bought the
self travels close to 750 Hans Peter Wild  101-room hotel, located on the
hours, or 150 days, a year $3.3 BIL #703 FLAVORINGS banks of the Rhine in Basel,
on VistaJet planes. Martin Ebner  Switzerland, and spent two
$3.2 BIL #729 INVESTMENTS years renovating the property. LES TROIS ROI: DAVE PORTER/ALAMY
WEALTH STATUS:
UP DOWN  UNCHANGED 
TIMBER
WINE-GROWING
OIL & GAS FIELDS
MINING &
FINANCIAL
WINE -GR O WING OIL & G A S FIELD S MINING & TIMBER FINANCIAL SP OR T S TE CH PL A Y GR OUND NEW★ RETURNEE 
PLAYGROUND
SPORTS
TECH
AND DEP
O
SIT
REGION AND DEPOSITS S MINERALS S CENTER TEAM CENTER
RE
GION
TEAM
CENTER
CENTER
MINER
AL
116 | FORBES MARCH 31, 2018 SPORTS TEAM DENOTES BILLIONAIRE-
OWNED SPORTS TEAM

You don’t have to be

MICHAEL PHELPS
to train like Michael Phelps
































l
s

d
’
r
t
h
y

w
o
e

l
i
w
s
m
p
s

d
a
e
i

g
n
b
v
e
Developed by the world’s leading swim spa a
D
e
l
d

e
o
p
manufacturer, with input from 23-time gold
medalist Michael Phelps and his coach Bob
Bowman, Michael Phelps Signature Swim
Spas by Master Spas were designed to meet
a broad range of health and wellness needs.
Ideal for all types of training, swimming,
fitness programs, aquatic therapy, relaxation
and family fun. MichaelPhelpsSwimSpa.com
OFFICIAL SUPPLIER
Michael Phelps Legend Series by Master Spas
are hot tubs built to legendary standards. This exclusive line of
hot tubs is known for its therapeutic excellence including full
body massage, concentrated neck and shoulder relief, soothing
foot massage, and a relaxing lounge. Enjoy contemporary style,
innovative technology, and clean, pure water. MasterSpas.com
Visit MasterSpas.com/forbes
for $1,500 OFF MP SWIM SPA
$500 OFF LEGEND HOT TUB

TH E WORL D ÕS BI LLIONA IR ES

TOP SECTORS WEALTH
ORIGIN
TAIWAN 9 9% THAILAND
TECHNOLOGY
7 34% 57%
FINANCE & INVESTMENTS WEALTH
GDP: $573.3 BIL 5 GDP: $449 BIL TOP SECTORS ORIGIN
POPULATION: 24 MIL FOOD & BEVERAGE POPULATION: 69 MIL 11
BILLIONAIRES: 35 (+4 VS. 2017) 4 INHERITED & GROWING BILLIONAIRES: DIVERSIFIED 20%
TOTAL NET WORTH: $84.4 BIL MANUFACTURING INHERITED 30 (+10 VS. 2017) 5 47%
SELF-MADE
(+$9.2 BIL VS. 2017) 4 TOTAL NET WORTH: FINANCE & INVESTMENTS 33%
REAL ESTATE $93.3 BIL (+$30.1 BIL 4
VS. 2017) FOOD & BEVERAGE
4 INHERITED & GROWING
Terry Gou  Chen Yung-Tai  Wei Yin-Heng  REAL ESTATE INHERITED
SELF-MADE
$8.5 BIL #181 ELECTRONICS $2 BIL #1215 REAL ESTATE $1.6 BIL #1477 FOOD, 2
BEVERAGES
Tsai Eng-Meng & family  Liao Long-shing  ENERGY
$6.8 BIL #242 FOOD, BEVERAGES $1.9 BIL #1284 PETROCHEMICALS Wei Ying-Chiao 
$1.6 BIL #1477 FOOD,
Lin Yu-Ling  Lin Shu-Hong  BEVERAGES
$5.8 BIL #305 REAL ESTATE $1.9 BIL #1284 PETROCHEMICALS
Lin Ming-hsiung 
Barry Lam  Tseng Shin-yi  $1.5 BIL #1561 SUPERMARKETS
$3.9 BIL #572 ELECTRONICS $1.9 BIL #1284 PETROCHEMICALS
Chao Teng-hsiung 
Samuel Yin  Tony Chen & family  $1.4 BIL #1650 REAL ESTATE
$3.7 BIL #606 DIVERSIFIED $1.7 BIL #1394 ELECTRONICS
Liu Ko-chen & family ★
Luo Jye & family  Wei Ing-Chou  $1.4 BIL #1650 MANUFACTURING
$3.2 BIL #729 TIRES $1.6 BIL #1477 FOOD,
BEVERAGES Thomas Wu 
Daniel Tsai  $1.4 BIL #1650 FINANCE
$3.2 BIL #729 FINANCE Wei Yin-Chun 
$1.6 BIL #1477 FOOD, Bruce Cheng 
Richard Tsai  BEVERAGES $1.3 BIL #1756 ELECTRONICS
$3.2 BIL #729 FINANCE BANGKOK Charoen Sirivadhanabhakdi 
Archie Hwang  27 $17.9 BIL #65 DRINKS,
Tsai Hong-tu  $1.3 BIL #1756 SEMICONDUCTORS
$2.9 BIL #822 FINANCE REAL ESTATE
Andre Koo ★ Dhanin Chearavanont 
Pierre Chen  $1.3 BIL #1756 FINANCE
$2.7 BIL #887 ART, ELECTRONICS $14.9 BIL #95 DIVERSIFIED
Tsai Ming-Kai  KO KUT ISLAND Vichai Srivaddhanaprabha 
Tsai Cheng-da  $1.3 BIL #1756 SEMICONDUCTORS
$2.7 BIL #887 FINANCE EXPATRIATES $5 BIL #388 DUTY-FREE
3
Douglas Hsu & family  Sumet Jiaravanon 
Chin Jong Hwa  $1.2 BIL #1867 DIVERSIFIED
$2.5 BIL #965 AUTO PARTS $4.2 BIL #514 DIVERSIFIED
Morris Chang ★ Jaran Chiaravanont 
Scott Lin & family  $1 BIL #2124 SEMICONDUCTORS
$2.2 BIL #1103 $4.1 BIL #527 DIVERSIFIED
OPTICAL COMPONENTS Richard Chang  Montri Jiaravanont 
$1 BIL #2124 REAL ESTATE,
T.Y. Tsai  ELECTRONICS $4.1 BIL #527 DIVERSIFIED
$2.2 BIL #1103 FINANCE Sarath Ratanavadi ★
Wu Chung-yi  $3.6 BIL #629 ENERGY
$1 BIL #2124 MANUFACTURING
Somphote Ahunai 
TAIPEI $3.4 BIL #679 ENERGY
TAOYUAN 25 PHUKET Vanich Chaiyawan 
MORRIS CHANG $3.3 BIL #703 INSURANCE,
BEVERAGES

HSINCHU FUBON GUARDIANS NEWCOMER: A legendary figure in
DANIEL & RICHARD TSAI Taiwan’s chip industry, Chang makes
EXPATRIATES his debut on the list after shares of Tai-
3
wan Semiconductor Manufacturing hit an
all-time high in January. Chang, who got
HSINCHU SCIENCE PARK
both his undergraduate and master’s de-
grees from MIT and a Ph.D. from Stanford,
founded TSMC in 1987. A decade later, the


company became the first Taiwanese firm to
trade on the New York Stock Exchange.
TAICHUNG
CHANGHUA
COUNTY
SOUTHERN TAIWAN
SCIENCE PARK
SATHIEN SETTHASIT
NEWCOMER: Setthasit teamed up with a friend, popular folk singer
Aed Carabao (above), to create the energy drink Carabao Dang
in 2002. Setthasit is the majority owner and CEO, but Aed, who has
a smaller stake in the company and appears in ads, is the one most
associated with Carabao, now Thailand’s second-most-popular en-

ergy drink brand .
WEALTH STATUS:
UP DOWN  UNCHANGED 
PL
CH
GR
OUND
A
Y
TIMBER
WING
O
FINANCIAL
WINE
OIL & GAS FIELDS
-GR
T
MINING &
TE
SP
WINE-GROWING OIL & G A S FIELD S MINING & TIMBER FINANCIAL SPORTS S TECH PLAYGROUND NEW★ RETURNEE 
OR
AND DEPOSITS
GION
MINERALS
CENTER
REGION AND DEP O SIT S MINER AL S CENTER TEAM CENTER
CENTER
RE
TEAM
118 | FORBES MARCH 31, 2018 SPORTS TEAM DENOTES BILLIONAIRE-
OWNED SPORTS TEAM

TURKEY
Prasert Prasarttong-Osoth 
$3 BIL #791 HOSPITALS
Krit Ratanarak  GDP: $847.7 BIL MELIH
$2.7 BIL #887 MEDIA, POPULATION: 80 MIL
REAL ESTATE BILLIONAIRES: 36 (+7 VS. 2017) ABDULHAYOGLU
William Heinecke  TOTAL NET WORTH: NEWCOMER: Comodo, his inter-
$2.1 BIL #1157 HOTELS $64.7 BIL (+$16.2 BIL VS. 2017) net security firm, has been devel-

Harald Link  WEALTH oping products since 1998. Today
$2 BIL #1215 DIVERSIFIED TOP SECTORS ORIGIN the New Jersey-based company
Chuchat & Daonapa 18 controls 37% of the over $1 billion
Petaumpai ★ 5.5% SSL- certificate market, which pro-

DIVERSIFIED
$2 BIL #1215 64% tects sensitive information like user
MOTORCYCLE LOANS 5 30.5%
CONSTRUCTION names and credit card numbers
Kiat Chiaravanont  3 through encryption for such cus-
$1.9 BIL #1284 DIVERSIFIED FASHION & RETAIL tomers as Intel and Xerox. In Oc-
Thaksin Shinawatra  3 INHERITED & GROWING tober private equity fund Francisco
INHERITED
$1.8 BIL #1339 INVESTMENTS METALS & MINING SELF-MADE Partners bought a majority stake
2
Prayudh Mahagitsiri  FOOD & BEVERAGE for an undisclosed sum.
$1.7 BIL #1394 COFFEE, SHIPPING
Wichai Thongtang 
$1.7 BIL #1394 INVESTMENTS
Keeree Kanjanapas 
$1.5 BIL #1561 TRANSPORTATION
EXPATRIATES
Thongma Vijitpongpun  2
$1.5 BIL #1561 REAL ESTATE
Phongthep Chiaravanont ★
$1.2 BIL #1867 DIVERSIFIED
Rit Thirakomen 
$1.2 BIL #1867 RESTAURANTS
Manas Chiaravanond ★
$1.1 BIL #1999 DIVERSIFIED
Yupa Chiaravanond ★
$1.1 BIL #1999 DIVERSIFIED
ISTANBUL ANKARA
Prathip Chiravanond ★ 31 3
$1.1 BIL #1999 DIVERSIFIED
Chatchai Kaewbootta ★ CESME
$1.1 BIL #1999 AUTO LOANS
Niti Osathanugrah ★
$1.1 BIL #1999 INVESTMENTS
Pete Bodharamik ★ BODRUM
$1 BIL #2124 TELECOM
Sathien Setthasit ★
$1 BIL #2124 ENERGY DRINKS
Surin Upatkoon 
$1 BIL #2124 TELECOM,
LOTTERIES, INSURANCE Murat Ulker 
$4.8 BIL #422 FOOD
Erman Ilicak 
$4 BIL #550 CONSTRUCTION Fuat Tosyali
TANZANIA Husnu Ozyegin  NEWCOMER: Tosyali and his two brothers, also new billion-
$2.9 BIL #822 FINANCE, aires, were born in the Mediterranean town of Iskenderun,
GDP: $51.6 BIL DIVERSIFIED where they helped their father make stovepipes and boiler
POPULATION: 57 MIL Mustafa Kucuk  buckets out of tin cheese cans in his 100-square-foot shop.
BILLIONAIRES: 1 $2.7 BIL #887 FASHION RETAIL Today their Tosyali Holding is one of Turkey’s largest inte-
TOTAL NET WORTH: $1.5 Semahat Sevim Arsel  grated steel producers, with a production capacity of 12 mil-
BIL (+$100 MIL VS. 2017) $2.6 BIL #924 DIVERSIFIED lion tons. All three brothers sit on the company’s board. Fuat
Mustafa Rahmi Koc  is chairman; his brother Ayhan is vice chairman.
$2.5 BIL #965 DIVERSIFIED
Mohammed Dewji  Sarik Tara 
$1.5 BIL #1561 DIVERSIFIED $2.5 BIL #965 CONSTRUCTION
Ferit Faik Sahenk  Nihat Ozdemir  Mehmet Hattat  Mustafa Latif Topbas 
$2.4 BIL #1020 DIVERSIFIED $1.7 BIL #1394 DIVERSIFIED $1.4 BIL #1650 DIVERSIFIED $1.2 BIL #1867 FOOD, RETAIL
Filiz Sahenk  Melih Abdulhayoglu ★ Fuat Tosyali ★ Ali Ibrahim Agaoglu 
$2.3 BIL #1070 DIVERSIFIED $1.6 BIL #1477 $1.4 BIL #1650 STEEL $1.1 BIL #1999 CONSTRUCTION
INTERNET SECURITY
Suna Kirac  Ahmet Nazif Zorlu  Hamdi Akin 
$2.2 BIL #1103 DIVERSIFIED Ahmet Calik  $1.4 BIL #1650 DIVERSIFIED $1.1 BIL #1999 DIVERSIFIED
$1.6 BIL #1477 ENERGY, BANKING,
Hamdi Ulukaya  CONSTRUCTION Deniz Sahenk  Mehmet Aydinlar 
$1.8 BIL #1339 GREEK YOGURT $1.3 BIL #1756 DIVERSIFIED $1.1 BIL #1999 HOSPITALS
DAR ES SALAAM Turgay Ciner 
Sezai Bacaksiz  $1.6 BIL #1477 DIVERSIFIED Erol Tabanca ★ Mehmet Rustu Basaran 
$1.7 BIL #1394 DIVERSIFIED $1.3 BIL #1756 CONSTRUCTION $1.1 BIL #1999 BANKING, GAS
Bulent Eczacibasi 

Sefik Yilmaz Dizdar  $1.5 BIL #1561 Ayhan Tosyali ★ Murat Vargi 
$1.7 BIL #1394 FASHION RETAIL PHARMACEUTICALS, DIVERSIFIED $1.3 BIL #1756 STEEL $1.1 BIL #1999 TELECOM
Mehmet Nazif Gunal  Faruk Eczacibasi  Fatih Tosyali ★ Fatma Tuba Yazici 
$1.7 BIL #1394 TOURISM, $1.5 BIL #1561 $1.3 BIL #1756 STEEL $1.1 BIL #1999 DIVERSIFIED
CONSTRUCTION PHARMACEUTICALS, DIVERSIFIED Mehmet Sinan Tara  Olgun Zorlu 
$1.2 BIL #1867 CONSTRUCTION $1 BIL #2124 DIVERSIFIED
CHANG: WAY WANG/BLOOMBERG; SETTHASIT: BRENT LEWIN/BLOOMBERG
MARCH 31, 2018 FORBES | 119

TH E WORLDÕ S BILLIONA IR E S

UKRAINE UNITED
FC SHAKHTAR DONETSK
GDP: $108.8 BIL KIEV RINAT AKHMETOV
POPULATION: 42 MIL 5 *
BILLIONAIRES: 7 (+1 VS. 2017) KINGDOM
TOTAL NET WORTH: $13.2 BIL DONETSK
(+$2.6 BIL VS. 2017) DNEPROPETROVSK
GDP: $2.6 TRIL
POPULATION: 66 MIL
BILLIONAIRES: 54 (–1 VS. 2017)*
TOTAL NET WORTH: $203.7 BIL (+$39.3 BIL VS. 2017)*
WEALTH
TOP SECTORS ORIGIN
RINAT Rinat Akhmetov  12
AKHMETOV $5.5 BIL #334 STEEL, COAL FINANCE & INVESTMENTS 9% 6%
Kostyantin Zhevago  8
RICHEST: In December, a $1.6 BIL #1477 MINING 85%
court in Cyprus reportedly or- FASHION & RETAIL
7
dered $820 million of Akhme- Yuriy Kosiuk  DIVERSIFIED
$1.5 BIL #1561 AGRICULTURE
tov’s assets frozen as part of 7
an ongoing legal dispute with Victor Pinchuk  REAL ESTATE INHERITED & GROWING
INHERITED
Raga Establishment, a Cyprus- $1.4 BIL #1650 STEEL PIPES, 5 SELF-MADE
DIVERSIFIED
based holding company. Akh- MANUFACTURING

metov’s investment firm SCM Henadiy Boholyubov 
acquired Ukraine’s largest $1.2 BIL #1867 BANKING,
INVESTMENTS
landline operator, Ukrtelecom,
from Raga in 2013. Raga re- Ihor Kolomoyskyy 
$1 BIL #2124 BANKING,
portedly accused SCM of not INVESTMENTS
making its full payment. SCM
disagrees with the ruling and Vadim Novinsky  Hinduja family 
$1 BIL #2124 STEEL
is contesting it. $19.5 BIL #55 DIVERSIFIED

James Ratcliffe 
$16.4 BIL #78 CHEMICALS
Richard Desmond
David & Simon Reuben 
UNITED ARAB $15.5 BIL #88 INVESTMENTS, NEWSMAKER: The tabloid tycoon an- -
n
y
c
d
t
n
a
o
o
i
e
t
T
h
l
o
a
b
E
K
R

:
A
E
N
W
M
S
REAL ESTATE
nounced plans in February to sell his
EMIRATES Michael Platt  media portfolio, including Star, OK!
$6.9 BIL #237 HEDGE FUNDS
and the Daily Express, to publish-
Ian & Richard Livingstone  er Trinity Mirror for about $177 mil-
GDP: $378.7 BIL $6.4 BIL #265 REAL ESTATE lion. Desmond dropped out of school
POPULATION: 9 MIL Bruno Schroder & family  at age 14 to become a drummer. He
BILLIONAIRES: 7 (+2 VS. 2017) DUBAI $6.2 BIL #281 BANKING started his first magazine, Interna-

TOTAL NET WORTH: $24 BIL 5 David & Frederick Barclay  tional Musician & Recording World, in
(–$3.3 BIL VS. 2017) $5.8 BIL #305 MEDIA, RETAIL 1974 and later owned dozens of adult
entertainment publications, such as
James Dyson 
$5.6 BIL #321 VACUUMS Asian Babes and Penthouse, in the U.K.
ABU DHABI

Laurence Graff & family 
Abdulla bin Ahmad Al $5.6 BIL #321 DIAMOND JEWELRY
Ghurair & family 
$5.9 BIL #296 DIVERSIFIED Andrew Currie 
$5.5 BIL #334 CHEMICALS
Majid Al Futtaim & family 
$4.6 BIL #456 REAL ESTATE, John Reece 
RETAIL $5.5 BIL #334 CHEMICALS
Hussain Sajwani  Richard Branson 
$4.1 BIL #527 REAL ESTATE $5 BIL #388 VIRGIN
Abdulla Al Futtaim  Denise Coates 
$3.3 BIL #703 AUTO DEALERS, $5 BIL #388 ONLINE GAMBLING
INVESTMENTS
Joe Lewis 
Saeed Bin Butti Al Qebaisi ★ $5 BIL #388 INVESTMENTS
$2.7 BIL #887 HOSPITALS, Philip & Cristina Green 
INVESTMENTS $4.8 BIL #422 RETAIL
Saif Al Ghurair & family  Clive Calder 
$1.9 BIL #1284 DIVERSIFIED $4.7 BIL #441 RECORD LABEL
Khalifa Bin Butti Al Muhairi ★
$1.5 BIL #1561 HOSPITALS,
INVESTMENTS
Laurence Graff
NEWSMAKER: High-end jeweler Graff acquired the 1,109-carat

Lesedi La Rona—the second-largest gem-quality diamond ever
Saeed Bin Butti Al Qebaisi found—in September, four months after he bought its 374-
NEWCOMER: The investor makes his debut on the list following a surge in the share price of NMC carat sibling. An older deal made even bigger waves. Forbes




Health, which bills itself as the UAE’s largest private health care provider. The London-listed firm confirmed in January that Donald Trump, who bought Mela-


runs hospitals and clinics in a dozen countries in the Middle East, Europe and Latin America. Bin nia’s 12-carat engagement ring from Graff in 2004, fibbed when


Butti Al Qebaisi owns about 18% of NMC Health, plus stakes in foreign exchange firms Travelex he publicly boasted he received a $1 million discount. Graff says Trump was “a
and UAE Exchange. pleasure to do business with” but was given “no favors.”
WEALTH STATUS:
UP DOWN  UNCHANGED 
MINING
OIL & GAS FIELDS

FINANCIAL
TIMBER
WINE-GROWING
WINE -GR O WING OIL & G A S FIELD S MINING & & TIMBER FINANCIAL SP OR T S TE CH PLAYGROUND NEW★ RETURNEE 
TECH
PL
OUND
GR
A
Y
SPORTS
AND DEPOSITS
GION
REGION AND DEP O SIT S MINER AL S CENTER TEAM CENTER
RE
TEAM
CENTER
CENTER
MINERALS
*Includes Guernsey. 1 Guernsey citizen.
120 | FORBES MARCH 31, 2018 SPORTS TEAM DENOTES BILLIONAIRE-
OWNED SPORTS TEAM

David McMurtry Robert Miller  Anthony Langley 
$4.5 BIL #466 RETAIL $1.7 BIL #1394 MANUFACTURING
TROPHY: The cofounder of engineering firm Ren-


Anthony Bamford & family  David McMurtry 
ishaw, McMurtry owns this 30,000-square-foot man- $4.4 BIL #480 $1.7 BIL #1394 MANUFACTURING
sion, named Swinhay House but better known as Ap- CONSTRUCTION EQUIPMENT

pledore to Sherlock fans. The futuristic home was Peter Hargreaves  Farhad Moshiri 
$1.7 BIL #1394 DIVERSIFIED
featured as the lair of villain Charles Augustus Mag- $3.9 BIL #572
nussen in the hit BBC show’s third-season finale. FINANCIAL SERVICES John Whittaker 

$1.7 BIL #1394 REAL ESTATE
Michael Ashley 
$3.6 BIL #629 SPORTS RETAIL John Bloor 
$1.6 BIL #1477 REAL ESTATE,
Bernard Ecclestone & family  MANUFACTURING
$3.5 BIL #652 FORMULA ONE
Richard Desmond 
Tom Morris  $1.5 BIL #1561 PUBLISHING
$3.1 BIL #766 RETAIL
Ian Wood & family 
Christopher Hohn  $1.5 BIL #1561 ENERGY SERVICES
$3 BIL #791 HEDGE FUNDS
Jasminder Singh & family 
John Caudwell  $1.4 BIL #1650 HOTELS
$2.6 BIL #924 MOBILE PHONES
Saket Burman 
John Coates  $1.3 BIL #1756
$2.5 BIL #965 ONLINE GAMBLING CONSUMER GOODS
Maritsa Lazari & family  Charles Dunstone 
$2.5 BIL #965 REAL ESTATE $1.3 BIL #1756 MOBILE PHONES
Bernard Lewis & family  Alan Howard 
$2.5 BIL #965 RETAIL $1.3 BIL #1756 HEDGE FUNDS
Stephen Lansdown1  Raghuvinder Kataria 
$2.3 BIL #1070 $1.3 BIL #1756 DIVERSIFIED
FINANCIAL SERVICES
Philip Day 
CELTIC FC Kenneth Lo  $1.2 BIL #1867 RETAIL
DERMOT DESMOND $2.3 BIL #1070 TEXTILES
Mark Dixon 
Mark Coombs  $1.2 BIL #1867
$2.2 BIL #1103 FINANCE OFFICE REAL ESTATE
Sunil Vaswani  Dennis Gillings ★
$2.2 BIL #1103 DIVERSIFIED $1.2 BIL #1867 DRUG TESTING
NEWCASTLE UNITED
MICHAEL ASHLEY Eddie & Sol Zakay  Mohammed Ibrahim 
$2.2 BIL #1103 REAL ESTATE $1.1 BIL #1999 COMMUNICATIONS
CARLISLE Hilton Schlosberg  Simon Nixon 
$2 BIL #1215 ENERGY DRINKS $1.1 BIL #1999
PRICE COMPARISON WEBSITE
Stephen Rubin 
$1.9 BIL #1284 SPORTS APPAREL
ISLE OF MAN Alex Beard 
$1.8 BIL #1339 MINING,
COMMODITIES
David Harding 
MERSEYSIDE $1.8 BIL #1339 FINANCE
NOTTINGHAMSHIRE
Michael Ashcroft 
LIVERPOOL
JOHN HENRY LEICESTER CITY $1.7 BIL #1394 SECURITY
VICHAI
SRIVADDHANAPRABHA
ABERDYFI
STOKE-ON-TRENT
3 HERTFORDSHIRE
GLOUCESTER ARSENAL FC
ALISHER USMANOV
QUEENS PARK RANGERS
WOTTON- LAKSHMI MITTAL
UNDER-EDGE CHERTSEY CHELSEA FC
BRISTOL LONDON ROMAN ABRAMOVICH
TOTTENHAM HOTSPUR
17 JOE LEWIS
M4 CORRIDOR SILICON
BRISTOL CITY FC
STEPHEN LANSDOWN ROUNDABOUT
HAMPSHIRE
James Dyson
NEWSMAKER: The British inventor has Elon Musk
in his crosshairs. In September, Dyson announced
ST. PETER PORT, his company will spend $2.7 billion to bring an elec-
GUERNSEY
tric car to market by 2020, pushing the $3.1 billion
(sales) brand, best known for its bagless vacuums,
into direct competition with Musk’s Tesla. Dyson,
ISLE OF who is obsessed with air pollution, has been work-
BRECQHOU
ing on a solution to car exhaust since 1990, when
he began trying to adapt the cyclonic vacuum filter


to fit a vehicle’s exhaust system and to trap small
EXPATRIATES particles.
19 ST. BRELADE,
JERSEY
AKHMETOV : THOMAS TRUTSCHEL/PHOTOTHEK/GETTY IMAGES; DESMOND : LUKE MACGREGOR/BLOOMBERG;
MCMURTRY: MAIL ON SUNDAY/ZUMAPRESS/NEWSCOM   MARCH 28, 2017 FORBES | 121

Th e World’ s billiona ir e s

united states steve Wynn

newsmaker: the casino kingpin resigned as chairman
and Ceo of Wynn resorts in february after allegations
Gdp: $19.4 TRIL TOP SECTORS of sexual misconduct broke in the news. Just a day after
populatioN: 325 MIL WEALTH 147 the initial report, he stepped down as the republican Na-
ORIGIN
BillioNaires: 585 FINANCE & INVESTMENTS tional Committee finance chair. Wynn, who claimed the

(+20 VS. 2017) 17% 79 san Juan accusations were part of a smear campaign led by his
total Net Worth: $3.1 TRIL TECHNOLOGY IsLanDs ex-wife elaine Wynn, denied wrongdoing.
(+$340 BIL VS. 2017) 68% 16% 60
FOOD & BEVERAGE
50
INHERITED & GROWING FASHION & RETAIL
INHERITED
SELF-MADE 44 SeattLe SeahaWKS
REAL ESTATE PAUL ALLEN
seattLe 12

Jeff Bezos  mIssouLa
$112 BIL #1 amazoN
poRtLanD
Bill Gates 
PortLanD traiL bLaZerS
$90 BIL #2 miCrosoft, PAUL ALLEN
iNVestmeNts
BoZeman
Warren Buffett 

$84 BIL #3 IDaho FaLLs
Berkshire hathaWay
SUN VALLEY
Mark Zuckerberg 
$71 BIL #5 faCeBook
Charles Koch  JacKson
$60 BIL #8 koCh iNdustries 6
David Koch  ReDDIng utah JaZZ
$60 BIL #8 koCh iNdustries GAIL MILLER
DEER VALLEY FoRt coLLIns
Larry Ellison  Reno PARK CITY
$58.5 BIL #10 softWare sonoma tRucKee saLt LaKe cIty
Michael Bloomberg 
$50 BIL #11 BloomBerG lp stocKton
San FranciSco giantS BouLDeR
Larry Page  CHARLES JOHNSON aspen
$48.8 BIL #12 GooGle
SNOWMASS/ASPEN/BEAVER
Sergey Brin  santa cRuZ CREEK,COLORADO
$47.5 BIL #13 GooGle san FRancIsco/
Jim Walton  san Jose PEBBLE BEACH DenVeR
$46.4 BIL #14 Walmart 74 santa BaRBaRa 7
montecIto
S. Robson Walton 
$46.2 BIL #15 Walmart Las Vegas
VentuRa 8 coLoraDo aVaLanche
Alice Walton  STAN KROENKE
$46 BIL #16 Walmart westLaKe VILLage san BeRnaRDIno
Sheldon Adelson  LoS angeLeS DoDgerS
$38.5 BIL #21 CasiNos MARK WALTER
LoS angeLeS LaKerS
Steve Ballmer  PHILIP ANSCHUTZ
$38.4 BIL #22 miCrosoft
Phil Knight & family 
$29.6 BIL #28 Nike phoenIX
10
Jacqueline Mars  san DIego
$23.6 BIL #34 CaNdy, pet food 4
DaLLaS c
John Mars  Los angeLes JERRY
e
L

p
s
a
$23.6 BIL #34 CaNdy, pet food LANAI/KAUAI 45 eL pasoo DaLLaS ma
Michael Dell  ereN ozmeN MARK
$22.7 BIL #39 dell Computers
newcomer: Along with husband
Paul Allen  Fatih, the Turkish immigrant has
$21.7 BIL #44 miCrosoft, honoLuLu created aerospace and defense pow-
iNVestmeNts
erhouse Sierra Nevada Corp. Top-

Thomas Peterffy  tier clients include NASA, the U.S.
$20.3 BIL #47 Air Force and the Japan Aerospace
disCouNt BrokeraGe HOW TO READ THE MAPS

Exploration Agency. Its self-flying
Len Blavatnik  Dream Chaser (which can take re-
$20.2 BIL #48 diVersified
cIty wIth seconD thIRD FouRth FIFth peated trips and land at any regu-
James Simons  the most lar airport) has been tapped to deliv-
$20 BIL #52 hedGe fuNds BILLIonaIRes er supplies to the International Space
Elon Musk  Boxes correspond to the cities where billionaires Station and help developing coun-
$19.9 BIL #54 tesla motors live, one box per person. Colored names on the list tries get into space in partnership
correspond to the color of the city where they live.

Laurene Powell Jobs & with the UN. The Ozmens, who pur-
family  John Doe  chased the fledgling 20-person com-

$18.8 BIL #58 apple, disNey $1 BIL #1940 furNiture pany in 1994, have since orches-
total worth
Ray Dalio  trated 19 acquisitions and opened

$17.7 BIL #67 hedGe fuNds source of wealth offices in 34 locations. Eren is one of

rank
Carl Icahn  72 self-made billionaire women in
$16.8 BIL #73 iNVestmeNts Change in wealth status from 2016 the world.
wealth status:
up Down  unchangeD 
timber
S FieLD
mining &
a
Wine -gr o Wing oiL & gaS FieLDS S mining & timber FinanciaL SPortS tech PL a y gr ounD new★ RetuRnee 
te
ch
PLaygrounD
FinanciaL
oiL & g
Wine-groWing
gion
anD DePoSitS
region anD DeP o Sit S mineraLS S center team center
re
miner
center
center
aL
122 | FORBES MaRch 31, 2018 sports team deNotes BillioNaire-
oWNed sports team

T h e Wo r l d ’ s b i ll i ona ires







eXpatRIates
11




westchesteR 9 BeLgRaDe
connectIcut boSton reD SoX
16 JOHN HENRY
chIcago poRtLanD neW engLanD PatriotS
17 ROBERT KRAFT
mInneapoLIs/ phILaDeLphIa 8 hanoVeR
st. pauL 5
minneSota Detroit reD WingS buFFaLo biLLS woRcesteR
timberWoLVeS BIRchwooD MARIAN ILITCH & FAMILY TERRENCE PEGULA
GLEN TAYLOR
cLeVeLanD Boston
caVaLierS
eau cLaIRe DAN GILBERT BuFFaLo RochesteR 16
sheBoygan gRanD pRoVIDence
RapIDs NANTUCKET
maDIson
manKato eRIe RhIneBecK HAMPTONS
sIouX FaLLs ann
aRBoR LIBeRty
aFton hoLLanD pottsVILLe
cLeVeLanD
RacIne 4 DetRoIt
6
chicago buLLS Long IsLanD
JERRY REINSDORF KaLamaZoo youngstown 10
aDeL BRooKVILLe BaLtImoRe
coLumBus
omaha inDianaPoLiS coLtS washIngton, Dc aRea new JeRsey
JAMES IRSAY 8
InDIanapoLIs 11
WaShington reDSKinS
DAN SNYDER
BLoomIngton LeXIngton
LeawooD
coLumBIa KENTUCKY DERBY VIRgInIa
st. LouIs LewIsBuRg Beach
wIchIta
KnoXVILLe chaRLotte
spRIngFIeLD cLeVeLanD
nashVILLe caRy
4
charLotte hornetS
FayetteVILLe 4 memphIs chattanooga MICHAEL JORDAN
tuLsa memPhiS griZZLieS
LIttLe RocK ROBERT PERA
oKLahoma cIty new yoRK
DaLLas/FoRt woRth chaRLeston 79
23 atLanta neW yorK KnicKS
10 CHARLES DOLAN & FAMILY
atLanta FaLconS
ARTHUR BLANK
aLLaS coWboyS
ERRY JONES
LLaS maVericKS
MARK CUBAN
JacKSonViLLe JaguarS
cIsco houSton rocKetS SHAHID KHAN
LESLIE ALEXANDER
neW orLeanS SaintS LaKeLanD
TOM BENSON & FAMILY
Daytona Beach
tempLe new oRLeans tampa/
houston st. peteRsBuRg poRt st. LucIe
13 6
orLanDo magic
san antonIo 4 RICHARD DEVOS PALM BEACH
BonIta spRIngs
miami DoLPhinS
austIn napLes 5 STEPHEN ROSS
8
miami heat
IsLamoRaDa MICKY ARISON
ELON MUSK maRathon
newsmaker: the tesla and spacex founder
sold out of 20,000 flamethrowers, souped- mIamI/paLm

up torches priced at $500 a pop, in just a Beach
few days earlier in the year. he had pitched 32
them online as a surefire way to liven up any

party. the sale was through his side proj-
ect, the Boring Co., which aims to dig un-
derground tunnels to ultimately replace traf-

fic-clogged roads with high-speed public
transportation and an expressway for cars.
WyNN: CalViN sit/BloomBerG; ozmeN : alBerto e. rodriGuez/Getty imaGes; musk : alBerto e. rodriGuez/Getty imaGes
MaRch 31, 2018 FORBES | 123

Th e World’ s billiona ir e s

united states Patrick Soon-Shiong  Jerry Jones 
$7.8 BIL #198 pharmaCeutiCals $5.6 BIL #321 dallas CoWBoys
Donald Bren  Micky Arison  Stephen Ross  Richard LeFrak & family 
$16.3 BIL #80 real estate $9.7 BIL #154 CarNiVal Cruises $7.6 BIL #205 real estate $5.6 BIL #321 real estate
Abigail Johnson  Thomas Frist Jr. & family  Pauline MacMillan Keinath  Steven Rales 
$15.9 BIL #83 $9.6 BIL #158 health Care $7.4 BIL #207 CarGill $5.6 BIL #321 maNufaCturiNG
moNey maNaGemeNt
Charles Schwab  Eli Broad  Dannine Avara  John paul
Lukas Walton  $9.4 BIL #162 $7.3 BIL #211 iNVestmeNts $5.5 BIL #334 pipeliNes
$15.9 BIL #83 Walmart disCouNt BrokeraGe deJoria
Sun Hongbin  Scott Duncan 
Rupert Murdoch & family  Herbert Kohler Jr. & family  $7.3 BIL #211 real estate $5.5 BIL #334 pipeliNes newsmaker: Nearly
Nearly
s
e
k
w
e

m
n
:
r
a
$15 BIL #94 NeWspapers, $9.3 BIL #164 Christy Walton  Milane Frantz  three decades after first
tV NetWork plumBiNG fixtures
$7.3 BIL #211 Walmart $5.5 BIL #334 pipeliNes creating high-end te-
Harold Hamm & family  Jan Koum  Shahid Khan  Diane Hendricks  quila brand patrón with
$14.1 BIL #100 oil & Gas $9.1 BIL #170 Whatsapp
$7.2 BIL #217 auto parts $5.5 BIL #334 roofiNG a buddy and eventu-
Steve Cohen  James Goodnight  John Doerr  Gabe Newell  ally turning it into one
$14 BIL #102 hedGe fuNds $9 BIL #172 softWare
$7.1 BIL #222 VeNture Capital $5.5 BIL #334 VideoGames of the world’s top spir-
Dustin Moskovitz  Ken Griffin  David Green & family  Randa Williams  its (it sells 2.6 million
$14 BIL #102 faCeBook $9 BIL #172 hedGe fuNds
$6.8 BIL #242 retail $5.5 BIL #334 pipeliNes cases a year), deJoria
Charles Ergen  James Chambers  Hank & Doug Meijer  Richard DeVos & family  is selling his estimated
$13.4 BIL #106 satellite tV $8.7 BIL #178 media 70% stake to Bacardi
$6.8 BIL #242 supermarkets $5.4 BIL #351 amWay
Eric Schmidt  Katharine Rayner  Brian Acton  George Roberts  ltd. in a $5.1 billion deal
$13.4 BIL #106 GooGle $8.7 BIL #178 media (including debt). the
$6.6 BIL #251 Whatsapp $5.4 BIL #351 priVate equity
Philip Anschutz  Margaretta Taylor  Ann Walton Kroenke  Edward Roski Jr.  Navy vet, who boasts
$13 BIL #108 iNVestmeNts $8.7 BIL #178 media that 53 people are in-
$6.6 BIL #251 Walmart $5.4 BIL #351 real estate
Jim Kennedy  Gordon Moore  Leon Black  Jim Davis & family  volved in making each
$13 BIL #108 media $8.5 BIL #181 iNtel bottle of patrón, first
$6.5 BIL #261 priVate equity $5.3 BIL #365 NeW BalaNCe sold a minority stake to
Blair Parry-Okeden  Stanley Kroenke  John Paulson  David Filo  Bacardi in 2008.
$13 BIL #108 media $8.3 BIL #183 sports, $6.5 BIL #261 hedGe fuNds $5.3 BIL #365 yahoo
real estate
Leonard Lauder  David Shaw  Henry Kravis 
$12.9 BIL #113 estee lauder John Malone  $6.4 BIL #265 hedGe fuNds $5.3 BIL #365 priVate equity Bubba Cathy 
$8.1 BIL #186 CaBle teleVisioN $4.8 BIL #422 ChiCk-fil-a
Stephen Schwarzman  John A. Sobrato & family  Israel Englander 
$12.6 BIL #117 iNVestmeNts Carl Cook  $6.4 BIL #265 real estate $5.2 BIL #372 hedGe fuNds Dan Cathy 
$8 BIL #190 mediCal deViCes $4.8 BIL #422 ChiCk-fil-a
Donald Newhouse  Daniel Gilbert  Marian Ilitch 
$12.3 BIL #121 media David Geffen  $6.3 BIL #274 quiCkeN loaNs $5.2 BIL #372 pizza, Rupert Johnson Jr. 
$8 BIL #190 moVies, $4.8 BIL #422
Andrew Beal  reCord laBels Richard Kinder  sports team moNey maNaGemeNt
$11.6 BIL #132 BaNks, $6.2 BIL #281 pipeliNes Bruce Kovner 
real estate George Soros  $5.2 BIL #372 hedGe fuNds Travis Kalanick 
$8 BIL #190 hedGe fuNds Robert Kraft  $4.8 BIL #422 uBer
John Menard Jr.  $6.2 BIL #281 George Lucas 
$11.5 BIL #134 Edward Johnson III  NeW eNGlaNd patriots $5.2 BIL #372 Star WarS Trevor Rees-Jones 
home improVemeNt stores $7.9 BIL #196 $4.8 BIL #422 oil & Gas
moNey maNaGemeNt Ralph Lauren  Robert Rich Jr. 
David Tepper  $6.2 BIL #281 fashioN $5.2 BIL #372 frozeN foods Jeffrey Skoll 
$11 BIL #138 hedGe fuNds David Duffield  $4.8 BIL #422 eBay
$7.8 BIL #198 Les Wexner & family  Bernard Marcus 
Pierre Omidyar  BusiNess softWare $6.1 BIL #287 retail $5.1 BIL #382 home depot Daniel Ziff 
$10.5 BIL #145 eBay $4.8 BIL #422 iNVestmeNts
George Kaiser  Whitney MacMillan  Frederick Smith 
Ronald Perelman  $7.8 BIL #198 oil & Gas, $6 BIL #289 CarGill $5.1 BIL #382 fedex Dirk Ziff 
$9.8 BIL #152 BaNkiNG $4.8 BIL #422 iNVestmeNts
leVeraGed Buyouts Marijke Mars ★ Ronda Stryker  Robert Ziff 
$5.9 BIL #296 CaNdy, pet food $5.1 BIL #382 $4.8 BIL #422 iNVestmeNts
mediCal equipmeNt
JEFF LURIE Pamela Mars ★ Stanley Druckenmiller 
$5.9 BIL #296 CaNdy, pet food Martha Ingram & family  $4.7 BIL #441 hedGe fuNds
newsmaker: Lurie’s Philadelphia Eagles won the Super Bowl for the Valerie Mars ★ $5 BIL #388 Book distriButioN,
first time in the franchise’s history in February, setting off one of the cra- $5.9 BIL #296 CaNdy, pet food traNsportatioN Ted Lerner & family 
$4.7 BIL #441 real estate
ziest celebrations in the city’s history. The team beat the New England Victoria Mars ★ Karen Pritzker 
Patriots, Lurie’s childhood team, which he had previously tried to buy. $5.9 BIL #296 CaNdy, pet food $5 BIL #388 hotels, Gwendolyn Sontheim Meyer 
After he lost out to Bob Kraft, he settled on the Eagles, reportedly paying iNVestmeNts $4.7 BIL #441 CarGill
about $185 million in 1994; the team is now worth $2.65 billion. Nancy Walton Laurie  Robert Bass  J. Christopher Reyes 
$5.8 BIL #305 Walmart
$4.9 BIL #404 oil, iNVestmeNts $4.7 BIL #441
Tom & Judy Love  Marc Benioff  food distriButioN
$5.8 BIL #305 $4.9 BIL #404 Jude Reyes 
retail & Gas statioNs BusiNess softWare $4.7 BIL #441
Robert Rowling  Charles Dolan & family  food distriButioN
$5.8 BIL #305 iNVestmeNts $4.9 BIL #404 Sheldon Solow 
Dennis Washington  CaBle teleVisioN $4.7 BIL #441 real estate
$5.8 BIL #305 CoNstruCtioN, Ray Lee Hunt  Jeremy Jacobs Sr. 
miNiNG
$4.9 BIL #404 oil, real estate $4.6 BIL #456 CoNCessioNs
David Sun  John Overdeck  Chris Larsen ★
$5.7 BIL #315 $4.9 BIL #404 hedGe fuNds $4.6 BIL #456 CryptoCurreNCy
Computer hardWare
Sumner Redstone  Paul Tudor Jones II 
John Tu  $4.9 BIL #404 media $4.5 BIL #466 hedGe fuNds
$5.7 BIL #315
Computer hardWare Reinhold Schmieding  John Sall 
$4.9 BIL #404 mediCal deViCes $4.5 BIL #466 softWare
Jen-Hsun Huang 
$5.6 BIL #321 semiCoNduCtors David Siegel  Leonard Stern 
$4.9 BIL #404 hedGe fuNds $4.5 BIL #466 real estate
Charles Johnson 
$5.6 BIL #321 Sam Zell  Tamara Gustavson & family  Christopher polk/NBC/Getty imaGes; elsa/Getty imaGes
moNey maNaGemeNt $4.9 BIL #404 real estate, $4.4 BIL #480 self storaGe
priVate equity
wealth status:
up Down  unchangeD 
mining &
a
timber
oiL & g
FinanciaL
PL
a
tech
Wine -gr o Wing oiL & gaS FieLDS S mining & timber FinanciaL SPortS te ch PLaygrounD new★ RetuRnee 
Wine-groWing
ounD
S FieLD
y
gr
gion
anD DeP
o
Sit
miner
re
region anD DePoSitS S mineraLS S center team center
center
aL
center
124 | FORBES MaRch 31, 2018 sports team deNotes BillioNaire-
oWNed sports team

Saving Lives,




Building Futures




Learn more at unicefusa.org.

Th e World’ s billiona ir e s

united states Mark Cuban 
$3.7 BIL #606 oNliNe media
John Morris  Walter Scott Jr. & family  Ken Fisher 
$4.4 BIL #480 sportiNG Goods $4.2 BIL #514 utilities, $3.7 BIL #606
retail teleCom moNey maNaGemeNt
Robert Smith  Clemmie Spangler Jr.  H. Fisk Johnson 
$4.4 BIL #480 priVate equity $4.2 BIL #514 iNVestmeNts $3.7 BIL #606
CleaNiNG produCts
Russ Weiner  Arthur Blank 
$4.4 BIL #480 eNerGy driNks $4.1 BIL #527 home depot Imogene Powers Johnson 
$3.7 BIL #606
Rocco Commisso ★ Jack & Laura Dangermond  CleaNiNG produCts
$4.3 BIL #499 teleCom $4.1 BIL #527
mappiNG softWare S. Curtis Johnson 
Tilman Fertitta  $3.7 BIL #606
$4.3 BIL #499 restauraNts, James Jannard  CleaNiNG produCts
CasiNos $4.1 BIL #527 suNGlasses
Helen Johnson-Leipold 
Terrence Pegula  Isaac Perlmutter  $3.7 BIL #606
$4.3 BIL #499 Natural Gas $4.1 BIL #527 marVel ComiCs
CleaNiNG produCts
Robert Pera  H. Ross Perot Sr.  Winifred Johnson-Marquart 
$4.3 BIL #499 $4.1 BIL #527 Computer $3.7 BIL #606
Wireless NetWorkiNG Gear serViCes, real estate
CleaNiNG produCts
Gary Rollins  Thomas Pritzker  Michael Milken 
$4.3 BIL #499 pest CoNtrol $4.1 BIL #527 hotels, $3.7 BIL #606 iNVestmeNts
iNVestmeNts
Randall Rollins  Jeffery Hildebrand 
$4.3 BIL #499 pest CoNtrol Julian Robertson Jr.  $3.6 BIL #629 oil
$4.1 BIL #527 hedGe fuNds
Alejandro Santo Domingo  Edward Johnson IV ★
$4.3 BIL #499 Beer Evan Spiegel  $3.6 BIL #629
$4.1 BIL #527 sNapChat NIRAJ SHAH
Andres Santo Domingo  moNey maNaGemeNt
$4.3 BIL #499 Beer Kelcy Warren  Elizabeth Johnson ★ newcomer: With Cornell classmate steve Conine, also a new
$4.1 BIL #527 pipeliNes
Roger Wang  $3.6 BIL #629 billionaire, shah started selling stereo racks online in 2002 and
$4.3 BIL #499 retail Ben Ashkenazy ★ moNey maNaGemeNt within years ran more than 250 websites. they later consolidat-
$4 BIL #550 real estate
Stephen Bisciotti  Peter Kellogg  ed them into $4.7 billion (2017 revenues) Wayfair, which sells
$4.2 BIL #514 staffiNG, Dagmar Dolby & family  $3.6 BIL #629 iNVestmeNts more than than 10 million items for the home. its stock has more
Baltimore raVeNs $4 BIL #550 Rodger Riney ★ than doubled in the past year.
dolBy laBoratories
Austen Cargill II  $3.6 BIL #629
$4.2 BIL #514 CarGill Dan Friedkin  disCouNt BrokeraGe John Brown  Haim Saban 
$4 BIL #550
James Cargill II  toyota dealerships Steven Spielberg  $3.3 BIL #703 $3.2 BIL #729 tV NetWork,
$4.2 BIL #514 CarGill $3.6 BIL #629 moVies mediCal equipmeNt iNVestmeNts
Ronald Lauder 
Archie Aldis Emmerson & $4 BIL #550 estee lauder Anita Zucker  Charles Cohen  Lynn Schusterman 
family  $3.6 BIL #629 ChemiCals $3.3 BIL #703 real estate $3.2 BIL #729 oil & Gas,
$4.2 BIL #514 timBerlaNd, Michael Moritz  Judy Faulkner  Rakesh Gangwal  iNVestmeNts
lumBer mills $4 BIL #550 VeNture Capital
$3.5 BIL #652 health it $3.3 BIL #703 airliNe Mark Shoen 
Marianne Liebmann  Richard Schulze  Joshua Harris  Reid Hoffman  $3.2 BIL #729 u-haul
$4.2 BIL #514 CarGill $4 BIL #550 Best Buy
$3.5 BIL #652 priVate equity $3.3 BIL #703 liNkediN Meg Whitman 
Bobby Murphy  Jeff Sutton  Douglas Leone  Amos Hostetter Jr.  $3.2 BIL #729 eBay
$4.2 BIL #514 sNapChat $4 BIL #550 real estate
$3.5 BIL #652 VeNture Capital $3.3 BIL #703 CaBle teleVisioN John Catsimatidis 
Igor Olenicoff  Rick Caruso  Anthony Pritzker  Kenneth Langone  $3.1 BIL #766 oil, real estate
$4.2 BIL #514 real estate $3.9 BIL #572 real estate
$3.5 BIL #652 hotels, $3.3 BIL #703 iNVestmeNts Do Won & Jin Sook Chang 
Tom Gores  iNVestmeNts George Lindemann & family $3.1 BIL #766 fashioN retail
$3.9 BIL #572 priVate equity
Jay Robert (J.B.) Pritzker   Barry Diller 
Stewart & Lynda Resnick  $3.5 BIL #652 hotels, $3.3 BIL #703 iNVestmeNts $3.1 BIL #766 oNliNe media
$3.9 BIL #572 aGriCulture, iNVestmeNts Mary Alice Dorrance Malone Jack Dorsey 
Water
Mitchell Rales   $3.1 BIL #766 tWitter
Jerry Speyer  $3.5 BIL #652 maNufaCturiNG, $3.3 BIL #703 CampBell soup Allan Goldman 
$3.9 BIL #572 real estate iNVestmeNts
Henry Nicholas III  $3.1 BIL #766 real estate
Harry Stine  Bernard Saul II  $3.3 BIL #703 semiCoNduCtors Jane Goldman 
patrick $3.9 BIL #572 aGriCulture $3.5 BIL #652 BaNkiNG, Pat Stryker  $3.1 BIL #766 real estate
real estate
soon-shiong Steven Udvar-Hazy  $3.3 BIL #703 Amy Goldman Fowler 
$3.9 BIL #572 airCraft leasiNG Donald Sterling  mediCal equipmeNt $3.1 BIL #766 real estate
newsmaker: the sur- Nathan Blecharczyk  $3.5 BIL #652 real estate Neil Bluhm 
w
n
e
s
r
:
k
e

m
a
geon and biotech bil- $3.8 BIL #588 airBNB Riley Bechtel & family  $3.2 BIL #729 real estate Diane Kemper 
$3.1 BIL #766 real estate
lionaire is doubling Brian Chesky  $3.4 BIL #679 eNGiNeeriNG, Andrew & Peggy Cherng 
down on media. in $3.8 BIL #588 airBNB CoNstruCtioN $3.2 BIL #729 restauraNts James Leprino 
february he agreed Stephen Bechtel Jr.  Scott Cook  $3.1 BIL #766 Cheese
to buy the Los an- Joe Gebbia  $3.4 BIL #679 eNGiNeeriNG, $3.2 BIL #729 softWare Richard Sands ★
$3.8 BIL #588 airBNB
geles times and San CoNstruCtioN $3.1 BIL #766 food & BeVeraGe
Diego union-tribune Jeff Greene  Jimmy Haslam  Leon G. Cooperman  Donald Trump 
$3.2 BIL #729 hedGe fuNds
and several smaller ti- $3.8 BIL #588 real estate, $3.4 BIL #679 Gas statioNs, $3.1 BIL #766 real estate
iNVestmeNts
tles for $500 million— retail John Paul DeJoria  Romesh T. Wadhwani 
$3.2 BIL #729 hair produCts,
twice what Jeff Bezos Robert McNair  Min Kao & family  tequila $3.1 BIL #766 softWare
$3.8 BIL #588 eNerGy, sports
paid for the Washing- $3.4 BIL #679 Clifford Asness 
ton Post five years ago. Ira Rennert  NaViGatioN equipmeNt Tom Golisano  $3 BIL #791
$3.2 BIL #729 payroll serViCes
soon-shiong’s gamble $3.8 BIL #588 iNVestmeNts Steve Wynn  iNVestmeNt maNaGemeNt
on transforming health Henry Samueli  $3.4 BIL #679 CasiNos, hotels Daniel Loeb  Tom Benson & family 
care, NantWorks, has $3.8 BIL #588 semiCoNduCtors John Arnold  $3.2 BIL #729 hedGe fuNds $3 BIL #791
yet to deliver on his Nick Caporella  $3.3 BIL #703 hedGe fuNds Daniel Och  NeW orleaNs saiNts
promises. $3.7 BIL #606 BeVeraGes Sid Bass  $3.2 BIL #729 hedGe fuNds Jim Breyer 
$3.3 BIL #703 oil, iNVestmeNts Marc Rowan  $3 BIL #791 VeNture Capital
$3.2 BIL #729 priVate equity riChard dreW/ap; ethaN piNes
wealth status:
up Down  unchangeD 
y
PL
a
gr
mining &
Wine -gr o Wing oiL & g a S FieLD S mining & timber FinanciaL SPortS tech PLaygrounD new★ RetuRnee 
ounD
Wine-groWing
oiL & gaS FieLDS
timber
FinanciaL
ch
te
mineraLS
region
re gion anD DeP o Sit S miner aL S center team center
anD DePoSitS
center
center
126 | FORBES MaRch 31, 2018 sports team deNotes BillioNaire-
oWNed sports team

Discover the mattress and sleep system
to transform your tomorrow.






























tomorrowsleep.com

Transform Your Tomorrow


Experience the perfect balance of cool comfort and support
with the new Tomorrow mattress, crafted by the world’s
leading sleep experts at Serta Simmons Bedding.

Our hybrid mattress combines the pressure-relieving comfort
of memory foam and the unbeatable support of individually
wrapped coils for deep, uninterrupted sleep.







Convenient Free 2-3 Day 365 Day In-Home Setup
Delivery in a Box Shipping & Returns Mattress Trial & Mattress Removal





tomorrowsleep.com
$125 off* Use Code: FORBES

tomorrowsleep.com



*Valid on purchases worth $500 or more at tomorrowsleep.com thru 08/19/18. tomorrowsleep.com

Discover Our Sleep System


There’s more to sleep than a bed. That’s why we created the first
truly connected sleep system with the knowledge, research and
engineering expertise of Serta Simmons Bedding.


The Tomorrow mattress, bedding, pillows, blackout drapes,
Sleeptracker monitor and more work together to help you improve
your sleep, so you wake to your full potential.




tomorrowsleep.com
$125 off* Use Code: FORBES











































*Valid on purchases worth $500 or more at tomorrowsleep.com thru 08/19/18.

T h e Wo r l d ’ s b i ll iona ires

united states Edward DeBartolo Jr.  Jane Lauder  Ron Baron 
$2.7 BIL #887 $2.5 BIL #965 CosmetiCs $2.2 BIL #1103
Valentin Gapontsev & Jon Stryker  shoppiNG CeNters Jeffrey Lorberbaum  moNey maNaGemeNt
family  $2.9 BIL #822 Bennett Dorrance  $2.5 BIL #965 flooriNG Timothy Boyle 
$3 BIL #791 lasers mediCal equipmeNt $2.7 BIL #887 CampBell soup $2.2 BIL #1103
Joe Mansueto  ColumBia sportsWear
Johnelle Hunt  Vincent Viola  Don Hankey  $2.5 BIL #965
$3 BIL #791 truCkiNG $2.9 BIL #822 $2.7 BIL #887 auto loaNs iNVestmeNt researCh Chase Coleman III 
eleCtroNiC tradiNG $2.2 BIL #1103 hedGe fuNd
John Middleton  Reed Hastings  C. Dean Metropoulos 
$3 BIL #791 toBaCCo William Conway Jr.  $2.7 BIL #887 Netflix $2.5 BIL #965 iNVestmeNts James Coulter 
$2.8 BIL #859 priVate equity $2.2 BIL #1103 priVate equity
Jorge Perez  James Irsay  Arturo Moreno 
$3 BIL #791 real estate Daniel D’Aniello  $2.7 BIL #887 $2.5 BIL #965 BillBoards, Frank Fertitta III 
$2.8 BIL #859 priVate equity iNdiaNapolis Colts aNaheim aNGels $2.2 BIL #1103 CasiNos,
Jean (Gigi) Pritzker 
$3 BIL #791 hotels, Jim Davis  Bob Parsons  Richard Peery  mixed martial arts
iNVestmeNts $2.8 BIL #859 $2.7 BIL #887 WeB hostiNG $2.5 BIL #965 real estate Lorenzo Fertitta 
staffiNG & reCruitiNG $2.2 BIL #1103 CasiNos,
Michael Rubin  Phillip Ruffin  Larry Robbins  mixed martial arts
$3 BIL #791 oNliNe retail Doris Fisher  $2.7 BIL #887 CasiNos, $2.5 BIL #965 hedGe fuNds
$2.8 BIL #859 Gap real estate Ernest Garcia II ★
Robert Sands ★ Charles Simonyi  $2.2 BIL #1103 used Cars
$3 BIL #791 food & BeVeraGe John Fisher  Howard Schultz  $2.5 BIL #965 miCrosoft
$2.8 BIL #859 Gap $2.7 BIL #887 starBuCks Stanley Hubbard 
Herbert Simon  Mark Stevens  $2.2 BIL #1103 direCtV
$3 BIL #791 real estate Kieu Hoang  E. Joe Shoen  $2.5 BIL #965 VeNture Capital
$2.8 BIL #859 $2.7 BIL #887 u-haul Thomas Lee 
Don Vultaggio & family ★ mediCal produCts Peter Thiel  $2.2 BIL #1103 priVate equity
$3 BIL #791 Frank VanderSloot ★ $2.5 BIL #965 faCeBook,
arizoNa BeVeraGes H. Wayne Huizenga  $2.7 BIL #887 NutritioN & softWare Eric Lefkofsky 
$2.8 BIL #859 iNVestmeNts WellNess produCts $2.2 BIL #1103 GroupoN
Chuck Bundrant ★ Elaine Wynn 
$2.9 BIL #822 fishiNG Osman Kibar  Ty Warner  $2.5 BIL #965 CasiNos, hotels Phillip T. (Terry) Ragon 
$2.8 BIL #859 BioteCh $2.7 BIL #887 real estate, $2.2 BIL #1103 health it
Gerald Ford  Denise York 
$2.9 BIL #822 BaNkiNG Penny Pritzker  plush toys $2.5 BIL #965 Stewart Rahr 
$2.8 BIL #859 hotels, Oprah Winfrey  saN fraNCisCo 49ers $2.2 BIL #1103
Joseph Grendys  iNVestmeNts
$2.9 BIL #822 $2.7 BIL #887 tV shoWs David Zalik ★ druG distriButioN
poultry proCessiNG David Rubenstein  David Bonderman  $2.5 BIL #965 teChNoloGy T. Denny Sanford 
$2.8 BIL #859 priVate equity $2.6 BIL #924 priVate equity $2.2 BIL #1103 BaNkiNG,
Randal Kirk  George Argyros & family  Credit Cards
$2.9 BIL #822 Mark Walter  Phillip Frost  $2.4 BIL #1020 real estate,
pharmaCeutiCals $2.8 BIL #859 fiNaNCe $2.6 BIL #924 iNVestmeNts Julio Mario Santo
pharmaCeutiCals Domingo III 
Jeff Rothschild  William Wrigley Jr.  John Arrillaga 
$2.9 BIL #822 faCeBook $2.8 BIL #859 CheWiNG Gum B. Wayne Hughes  $2.4 BIL #1020 real estate $2.2 BIL #1103 Beer
$2.6 BIL #924 self storaGe Ted Turner 
Thomas Siebel  Mortimer Zuckerman  Peter Buck 
$2.9 BIL #822 $2.8 BIL #859 real estate, Stephen Mandel Jr.  $2.4 BIL #1020 $2.2 BIL #1103
CaBle teleVisioN
BusiNess softWare media $2.6 BIL #924 hedGe fuNds suBWay saNdWiCh shops
William Young 
Paul Singer  Ray Davis  Sean Parker  Drayton McLane Jr.  $2.2 BIL #1103 plastiCs
$2.9 BIL #822 hedGe fuNds $2.7 BIL #887 pipeliNes $2.6 BIL #924 faCeBook $2.4 BIL #1020 Walmart,
loGistiCs Leslie Alexander 
Jay Paul  $2.1 BIL #1157
J.B. pritzker $2.6 BIL #924 real estate Daniel Pritzker  houstoN roCkets
Patrick Ryan  $2.4 BIL #1020 hotels,
politics: The Hyatt Hotel heir is moving from private equity to pol- $2.6 BIL #924 iNsuraNCe iNVestmeNts Todd Christopher 
itics. The founder of Pritzker Group and nonprofit small business in- John Pritzker  $2.1 BIL #1157
hair Care produCts
cubator 1871, he joined the race for Illinois governor last year and Thomas Secunda  $2.4 BIL #1020 hotels,
$2.6 BIL #924 BloomBerG lp
is running in the Democratic primary this month. After giving mil- iNVestmeNts Gordon Getty 
lions to Democratic organizations in 2016, he is advocating for so- Warren Stephens  Eric Smidt  $2.1 BIL #1157 Getty oil
cial services, investment in education and the protection of health $2.6 BIL #924 $2.4 BIL #1020 Alec Gores 
iNVestmeNt BaNkiNG
care coverage. hardWare stores $2.1 BIL #1157 priVate equity
Glen Taylor  Alexander Spanos & family  Catherine Lozick 
$2.6 BIL #924 priNtiNG
$2.4 BIL #1020 real estate, $2.1 BIL #1157
Jerry Yang  los aNGeles CharGers ValVe maNufaCturiNG
$2.6 BIL #924 yahoo
David Gottesman  David Murdock 
Aerin Lauder Zinterhofer  $2.3 BIL #1070 iNVestmeNts $2.1 BIL #1157 dole,
$2.5 BIL #965 CosmetiCs real estate
Bill Haslam 
Edward Bass  $2.3 BIL #1070 truCk stops H. Ross Perot Jr. 
$2.5 BIL #965 oil, iNVestmeNts $2.1 BIL #1157 real estate
W. Herbert Hunt 
Lee Bass  $2.3 BIL #1070 oil Tor Peterson 
$2.5 BIL #965 oil, iNVestmeNts $2.1 BIL #1157 Commodities
Bradley Jacobs ★
Bert Beveridge ★ $2.3 BIL #1070 loGistiCs Kavitark Ram Shriram 
$2.5 BIL #965 Vodka $2.1 BIL #1157 VeNture Capital,
Brad Kelley  GooGle
George Bishop  $2.3 BIL #1070 toBaCCo
$2.5 BIL #965 oil & Gas David Walentas 
Vinod Khosla  $2.1 BIL #1157 real estate
Norman Braman  $2.3 BIL #1070
$2.5 BIL #965 art, VeNture Capital Ronald Wanek 
Car dealerships Clayton Mathile  $2.1 BIL #1157 furNiture
Kenneth Feld & family  $2.3 BIL #1070 pet food S. Daniel Abraham 
$2.5 BIL #965 CirCus, J. Joe Ricketts  $2 BIL #1215 slim-fast
liVe eNtertaiNmeNt
$2.3 BIL #1070 td ameritrade Ron Burkle 
Noam Gottesman  Dan Snyder  $2 BIL #1215 supermarkets,
$2.5 BIL #965 hedGe fuNds iNVestmeNts
$2.3 BIL #1070
Jonathan Gray  WashiNGtoN redskiNs James Clark 
$2.5 BIL #965 iNVestmeNts John Tyson  $2 BIL #1215 NetsCape,
iNVestmeNts
patriCk t. falloN/BloomBerG wealth status: unchangeD 
$2.3 BIL #1070
John Henry 
Christopher Cline 
food proCessiNG
$2.5 BIL #965 sports
$2 BIL #1215 Coal
up Down 
y
a
ounD
gr
PL
te
SPortS


ch
tech
oiL & gaS FieLDS

a
oiL & g
Wing
Wine
Wine-groWing
o
-gr
S FieLD
timber
timber
FinanciaL
FinanciaL


S
mining &
mining &
Sit
o
mineraLS
S
anD DeP
re
region
anD DePoSitS
gion
miner
center
center
team
center
aL
S
center
sports team deNotes BillioNaire- PLaygrounD new★ RetuRnee  MaRch 31, 2018 FORBES | 131
oWNed sports team

Th e World’ s billiona ir e s

united states John Farber  Manuel Moroun & family  Forrest Preston 
$1.7 BIL #1394 ChemiCals $1.6 BIL #1477 traNsportatioN $1.4 BIL #1650 health Care
Robert Fisher  Sheryl Sandberg  Jerry Reinsdorf 
TRAVIS KALANICK $1.7 BIL #1394 Gap $1.6 BIL #1477 faCeBook $1.4 BIL #1650 ChiCaGo Bulls
newsmaker: after bowing to investor pressure and resigning William Fisher  Niraj Shah ★ Evgeny (Eugene) Shvidler 
$1.6 BIL #1477 oNliNe retail
$1.4 BIL #1650 oil & Gas,
$1.7 BIL #1394 Gap
as uber’s Ceo last summer, kalanick sold almost a third of his iNVestmeNts
stake in the ride-hailing company in January for $1.4 billion, pre- Timothy Headington  Ben Silbermann 
tax; it was part of a mega-deal led by softBank. With kalanick $1.7 BIL #1394 oil & Gas, $1.6 BIL #1477 piNterest Peter Sperling 
iNVestmeNts
$1.4 BIL #1650 eduCatioN
and other early investors cashing out, the Japanese conglom- Thomas Steyer 
erate was able to assemble a 15% stake in the company, buy- Jim Justice II  $1.6 BIL #1477 hedGe fuNds Kenny Troutt 
ing most of it at a $48 billion valuation. it spent another $1 bil- $1.7 BIL #1394 Coal Charlotte Colket Weber  $1.4 BIL #1650 teleCom
lion-plus for additional shares at uber’s previous $68 billion William Koch  $1.6 BIL #1477 CampBell soup Dan Wilks 
valuation. $1.7 BIL #1394 oil, iNVestmeNts Bill Alfond  $1.4 BIL #1650 Natural Gas
Marc Lasry  $1.5 BIL #1561 shoes Farris Wilks 
$1.7 BIL #1394 hedGe fuNds $1.4 BIL #1650 Natural Gas
Susan Alfond 
David Lichtenstein  $1.5 BIL #1561 shoes Richard Yuengling Jr. 
$1.7 BIL #1394 real estate $1.4 BIL #1650 Beer
Ted Alfond 
Craig McCaw  $1.5 BIL #1561 shoes Edmund Ansin 
$1.7 BIL #1394 teleCom $1.3 BIL #1756 teleVisioN
Carol Jenkins Barnett 
Miguel McKelvey  $1.5 BIL #1561 Steve Case 
$1.7 BIL #1394 WeWork puBlix supermarkets $1.3 BIL #1756 aol,
iNVestmeNts
Vincent McMahon  Martha Ford 
$1.7 BIL #1394 WWe $1.5 BIL #1561 ford motor Darwin Deason 
$1.3 BIL #1756 xerox
Gary Michelson  Richard Hayne 
$1.7 BIL #1394 mediCal pateNts $1.5 BIL #1561 Jamie Dimon 
urBaN outfitters $1.3 BIL #1756 BaNkiNG
Jerry Moyes ★
$1.7 BIL #1394 traNsportatioN Seth Klarman  Anne Gittinger 
$1.5 BIL #1561 hedGe fuNds $1.3 BIL #1756 Nordstrom
Charles Munger 
$1.7 BIL #1394 Eren Ozmen ★ Irwin Jacobs 
Berkshire hathaWay $1.5 BIL #1561 aerospaCe $1.3 BIL #1756 semiCoNduCtors
Nelson Peltz  Fatih Ozmen ★ Mitchell Jacobson 
$1.7 BIL #1394 iNVestmeNts $1.5 BIL #1561 aerospaCe $1.3 BIL #1756
iNdustrial equipmeNt
Roger Penske  Mark Pincus 
$1.7 BIL #1394 Cars $1.5 BIL #1561 oNliNe Games Alexander Karp 
$1.3 BIL #1756 softWare firm
Henry Swieca  Kevin Plank 
$1.7 BIL #1394 hedGe fuNds $1.5 BIL #1561 uNder armour Sidney Kimmel 
$1.3 BIL #1756 retail
Alexandra Daitch  Charles Zegar  Todd Wagner  Nicholas Pritzker II 
$2 BIL #1215 CarGill $2 BIL #1215 BloomBerG lp $1.7 BIL #1394 oNliNe media $1.5 BIL #1561 hotels, Rodney Lewis 
iNVestmeNts $1.3 BIL #1756 Natural Gas
Glenn Dubin  James Dinan  William F. Austin 
$2 BIL #1215 hedGe fuNds $1.9 BIL #1284 hedGe fuNds $1.6 BIL #1477 heariNG aids Fayez Sarofim  Cargill MacMillan III 
$1.5 BIL #1561 $1.3 BIL #1756 CarGill
Robert Duggan  Bill Gross  Louis Bacon  moNey maNaGemeNt
$2 BIL #1215 pharmaCeutiCals $1.9 BIL #1284 iNVestmeNts $1.6 BIL #1477 hedGe fuNds John MacMillan 
Kevin Systrom  $1.3 BIL #1756 CarGill
Thomas Hagen  Jeffrey Gundlach  William Berkley  $1.5 BIL #1561 iNstaGram
$2 BIL #1215 iNsuraNCe $1.9 BIL #1284 iNVestmeNts $1.6 BIL #1477 iNsuraNCe Martha MacMillan 
Jim Thompson  $1.3 BIL #1756 CarGill
Bruce Karsh  Jennifer Pritzker  Aneel Bhusri  $1.5 BIL #1561 loGistiCs
$2 BIL #1215 priVate equity $1.9 BIL #1284 hotels, $1.6 BIL #1477 William MacMillan 
iNVestmeNts BusiNess softWare Jonathan Tisch ★ $1.3 BIL #1756 CarGill
Henry Laufer ★ $1.5 BIL #1561 iNsuraNCe,
$2 BIL #1215 hedGe fuNds Alan N. Trefler  O. Francis Biondi  Ny GiaNts Craig Newmark ★
$1.9 BIL #1284 softWare $1.6 BIL #1477 hedGe fuNds $1.3 BIL #1756 CraiGslist
Jeffrey Lurie  Kenneth Tuchman 
$2 BIL #1215 Evan Williams  David Booth  $1.5 BIL #1561 outsourCiNG Bruce Nordstrom 
philadelphia eaGles $1.9 BIL #1284 tWitter $1.6 BIL #1477 mutual fuNds $1.3 BIL #1756 Nordstrom
Herb Chambers 
Sarah MacMillan  Nicolas Berggruen  Steve Conine ★ $1.4 BIL #1650 Car dealerships Alexander Rovt 
$2 BIL #1215 CarGill $1.8 BIL #1339 iNVestmeNts $1.6 BIL #1477 oNliNe retail $1.3 BIL #1756 fertilizer,
John Edson  real estate
Howard Marks  James France  Stephen Feinberg  $1.4 BIL #1650 leisure Craft
$2 BIL #1215 priVate equity $1.8 BIL #1339 NasCar, raCiNG $1.6 BIL #1477 priVate equity Leonard Schleifer 
David Einhorn  $1.3 BIL #1756
Jonathan Nelson  Stewart Horejsi & family  Paul Foster  $1.4 BIL #1650 hedGe fuNds pharmaCeutiCals
$2 BIL #1215 priVate equity $1.8 BIL #1339 $1.6 BIL #1477 oil refiNiNG
Berkshire hathaWay Victor Fung  Wilma Tisch 
Peter Peterson  Mario Gabelli  $1.4 BIL #1650 $1.3 BIL #1756 diVersified
$2 BIL #1215 iNVestmeNts Hamilton James  $1.6 BIL #1477 tradiNG CompaNy
$1.8 BIL #1339 iNVestmeNts moNey maNaGemeNt Jayshree Ullal ★
Antony Ressler  Alan Gerry  $1.3 BIL #1756 teChNoloGy
$2 BIL #1215 fiNaNCe John Kapoor  Christopher Goldsbury  $1.4 BIL #1650
$1.8 BIL #1339 health Care $1.6 BIL #1477 salsa Stephen T. Winn ★
Rodney Sacks  CaBle teleVisioN $1.3 BIL #1756
$2 BIL #1215 eNerGy driNks William Lauder  Brian Higgins  J. Tomilson Hill  real estate serViCes
$1.8 BIL #1339 estee lauder $1.6 BIL #1477 hedGe fuNds
Brian Sheth  $1.4 BIL #1650 iNVestmeNts Marc Andreessen 
$2 BIL #1215 iNVestmeNts Linda Pritzker  Michael Jordan  George Joseph  $1.2 BIL #1867
$1.8 BIL #1339 hotels, $1.6 BIL #1477 Charlotte
Lucy Stitzer  iNVestmeNts horNets, eNdorsemeNts $1.4 BIL #1650 iNsuraNCe VeNture Capital
$2 BIL #1215 CarGill Michael Krasny  Thomas Bailey 
Brian Roberts  Edward Lampert 
Katherine Tanner  $1.8 BIL #1339 ComCast $1.6 BIL #1477 sears $1.4 BIL #1650 retail $1.2 BIL #1867
$2 BIL #1215 CarGill James Leininger  moNey maNaGemeNt
William Stone  Thai Lee 
Amy Wyss  $1.8 BIL #1339 softWare $1.6 BIL #1477 it proVider $1.4 BIL #1650 Charles Brandes 
$2 BIL #1215 mediCal produCts $1.2 BIL #1867
mediCal equipmeNt Herbert Allen Jr. & family  Billy Joe (Red) McCombs  Gary Magness  moNey maNaGemeNt
$1.7 BIL #1394 $1.6 BIL #1477 diVersified $1.4 BIL #1650 CaBle tV, Henry Engelhardt 
Jon Yarbrough  iNVestmeNt BaNkiNG
$2 BIL #1215 VideoGames iNVestmeNts $1.2 BIL #1867 iNsuraNCe
wealth status: daVid paul morris/BloomBerG 
up Down  unchangeD 
oiL & g
a
o
Wing
timber
FinanciaL
S FieLD
mining &
PLaygrounD
Wine
Wine-groWing oiL & gaS FieLDS S mining & timber FinanciaL SPortS te ch PL a y gr ounD new★ RetuRnee 
tech
-gr
center
center
mineraLS
gion
Sit
o
region anD DePoSitS S miner aL S center team center
anD DeP
re
132 | FORBES MaRch 31, 2018 sports team deNotes BillioNaire-
oWNed sports team

C E L E B R A T E S


WOMEN’S LEADERSHIP






2018 WORLD ECONOMIC FORUM ANNUAL MEETING IN DAVOS, SWITZERLAND


In recognition of the critical role women leaders play in shaping advancing the global
economy, Moira Forbes and Mark Weinberger, Global Chairman and CEO of EY, paid
special tribute to the honorees from the Forbes 100 Most Power Women List.




















Beth Brooke-Marciniak, Mike Federle, Melanie Kreis Moira Forbes, Mary Callahan Erdoes, Beth Brooke-Marciniak Mark Weinberger, Eric Johnson, Peggy Johnson




“ It’s been a great privilege to partner

with EY here in Davos for the past
12 years to honor such an accomplished
group of female leaders.
”


MOIRA FORBES, Executive Vice President,
Forbes Media
Jeremy Garrett-Cox, Mark Weinberger, Katherine Garrett-Cox, Douglas L. Peterson

Th e World’ s billiona ir e s

united states Richard Kayne ★ Yvon Chouinard  George Marcus 
$1.1 BIL #1999 iNVestmeNts $1 BIL #2124 pataGoNia $1 BIL #2124 real estate
Donald Foss ★ Thomas Tull  Isaac Larian  Henry Davis ★ Lowell Milken 
$1.2 BIL #1867 auto loaNs $1.2 BIL #1867 moVies $1.1 BIL #1999 toys $1 BIL #2124 Beef proCessiNG $1 BIL #2124 iNVestmeNts
Robert Friedland  Alfred West Jr.  Frank Laukien ★ David Hall ★ Carolyn Rafaelian ★
$1.2 BIL #1867 miNiNG $1.2 BIL #1867 $1.1 BIL #1999 $1 BIL #2124 $1 BIL #2124 JeWelry
moNey maNaGemeNt sCieNtifiC equipmeNt automotiVe teChNoloGy
Donald Friese  Alice Schwartz ★
$1.2 BIL #1867 maNufaCturiNG William Ackman  Nancy Lerner  David Kabiller  $1 BIL #2124 BioteCh
$1.1 BIL #1999 hedGe fuNds $1.1 BIL #1999 BaNkiNG, $1 BIL #2124
Ryan Graves  Credit Cards iNVestmeNt maNaGemeNt Martin Selig 
$1.2 BIL #1867 uBer J. Hyatt Brown ★ $1 BIL #2124 real estate
$1.1 BIL #1999 iNsuraNCe Norma Lerner  Theodore Leonsis ★
B. Wayne Hughes Jr.  $1.1 BIL #1999 BaNkiNG, $1 BIL #2124 sports teams Evan Sharp 
$1.2 BIL #1867 Bharat Desai  $1 BIL #2124 piNterest
storaGe faCilities $1.1 BIL #1999 it CoNsultiNG Credit Cards John Liew 
Randolph Lerner  $1 BIL #2124 Axel Stawski 
Thomas James  Joseph Edelman ★ $1 BIL #2124 real estate
$1.2 BIL #1867 fiNaNCe $1.1 BIL #1999 hedGe fuNds $1.1 BIL #1999 BaNkiNG, iNVestmeNt maNaGemeNt
Credit Cards Robert Toll ★
Gail Miller  Paul Fireman  Duncan MacMillan ★ $1 BIL #2124 home BuildiNG
$1.2 BIL #1867 utah Jazz, $1.1 BIL #1999 reeBok William Macaulay  $1 BIL #2124 BloomBerG lp
$1.1 BIL #1999
Car dealers Sandy Weill 
J. Christopher Flowers  eNerGy iNVestmeNts $1 BIL #2124 CitiGroup
Michael Price  $1.1 BIL #1999 iNVestmeNts John Martin 
$1.2 BIL #1867 iNVestmeNts
Drew Houston  $1.1 BIL #1999
Lynsi Snyder ★ $1.1 BIL #1999 dropBox pharmaCeutiCals methodology
$1.2 BIL #1867 iN-N-out BurGer
Andrea Reimann-Ciardelli 
$1.1 BIL #1999
CoNsumer Goods
the Forbes World’s Billionaires list is a snapshot of wealth using stock
venezuela Chris Sacca  prices and exchange rates from february 9. some people will be-
$1.1 BIL #1999
VeNture Capital come richer or poorer within weeks—even days—of publication. for
Gdp: $36.5 BIL Michael Steinhardt  example, Jeff Bezos’ net worth climbed more than $12 billion in the
populatioN: 32 MIL $1.1 BIL #1999 fiNaNCe two weeks between our measuring date for stock prices and when
BillioNaires: 2 Laurie Tisch ★ this issue went to press. We list individuals rather than multigener-
total Net Worth: eXpatRIate $1.1 BIL #1999 iNsuraNCe, ational families who share large fortunes, though we include wealth
$5.5 BIL (+$400 MIL VS. 2017) 1 Ny GiaNts belonging to a billionaire’s spouse and children if that person is the
founder of the fortune. in some cases we list siblings or couples to-
Steven Tisch ★ gether if the ownership breakdown among them isn’t clear, but here
$1.1 BIL #1999 iNsuraNCe,
Ny GiaNts an estimated net worth of $1 billion per person is needed to make the
cut. We value a variety of assets, including private companies, real
James Truchard ★
caRacas $1.1 BIL #1999 softWare estate, art, yachts and more. We don’t pretend to know each billion-
1 aire’s private balance sheet (though some provide it). When docu-
Sara Blakely  mentation isn’t supplied or available, we discount fortunes. for daily
$1 BIL #2124 spaNx
updates of net worths, go to forbes.com/real-time-billionaires.
zimbabwe
Gdp: $17.1 BIL
populatioN: 17 MIL eXpatRIate
Juan Carlos Escotet  1
$4.4 BIL #480 BaNkiNG BillioNaires: 1 (+1 VS. 2017)
total Net Worth:
Gustavo Cisneros & family  $1.4 BIL (+$1.4 BIL VS. 2017)
$1.1 BIL #1999 media
Strive Masiyiwa ★
vietnam $1.4 BIL #1650 teleCom
Gdp: $223.9 BIL
populatioN: 96 MIL hanoI
2
BillioNaires: 4 (+2 VS. 2017)
total Net Worth:
$10.5 BIL (+$6.9 BIL VS. 2017)
strive masiyiwa
newcomer: zimbabwe’s first-ever billionaire,
masiyiwa studied engineering in the u.k. and
then went home and worked at zimbabwe
posts & telecommunications Corp. he quit to
Pham Nhat Vuong  start his own firm but spent five years fight-
$4.3 BIL #499 diVersified
ing to obtain a license to operate a telephone
Nguyen Thi Phuong Thao  company. the supreme Court of zimbabwe
$3.1 BIL #766 airliNes finally ruled in his favor. he founded econet
Tran Ba Duong & family ★ Wireless zimbabwe in 1998. today the com-
$1.8 BIL #1339 Cars ho chI mInh pany is the second biggest, by market cap, on
cIty
Tran Dinh Long ★ 2 the zimbabwe stock exchange. he left zim-
$1.3 BIL #1756 steel, babwe in 2000 and lives in london.
maNufaCturiNG patriCk t. falloN/BloomBerG
wealth status:
up Down  unchangeD 
a
tech
PL
ounD
gr
y
timber
mining &
oiL & gaS FieLDS
Wine -gr o Wing oiL & g a S FieLD S mining & timber FinanciaL SPortS te ch PLaygrounD new★ RetuRnee 
Wine-groWing
FinanciaL
anD DeP
o
gion
region anD DePoSitS S mineraLS S center team center
re
Sit
center
center
miner
aL
134 | FORBES MaRch 31, 2018 sports team deNotes BillioNaire-
oWNed sports team

Be Among the Very First to Experience ALL-INCLUSIVE SHORE

This Inaugural Forbes River Cruise!
EXCURSIONS!














MoneyShow presents
The 30 th







Cruise for Investors Come sail with me and

our renowned roster of
world-class financial
Roundtrip from Vienna, Austria
experts for 10 magnificent
experts for 10 magnificent
Aboard the Crystal Mozart days in Europe…
September 30 – October 10, 2018
STEVE FORBES


VIENNA  WACHAU VALLEY  MELK  LINZ  PASSAU  BRATISLAVA  BUDAPEST















Stimulate your mind, your senses,
and your portfolio aboard the
brand-new Crystal Mozart.
During this unique voyage
blending learning, luxury, and
leisure, you’ll experience Crystal’s
unsurpassed six-star service
while getting to know Forbes’
money experts during receptions,
dinners, and seminars.



Call 800-530-0770 to request a FREE brochure! Mention Priority Code 043963

P R O M O T I O N





REAL ESTATE MARKET LEADERS



Award-winning real estate agents from across the nation

Five Star Professional partners with premier publications across the country to identify real estate professionals who provide outstanding service to their clients. Using a proprietary
research process, we contact thousands of recent homebuyers every year, soliciting feedback via online and phone surveys regarding their experience with their real estate professional.
Survey respondents rate their service professional on criteria such as overall satisfaction, market knowledge and whether they would recommend the provider to a friend.
Each year, we name outstanding real estate agents across the country, recognizing no more than 7 percent of all agents in a market. We believe this process results in a list of Five Star
award winners who are focused on the needs of their clients and stand out from their competition. Our Real Estate Market Leaders selection is even more exclusive. See below for a short
list of outstanding real estate agents in major markets across the country.

All award winners are sorted by city and listed alphabetically.

Atlanta Nancy Hotchkiss ∙ Berkshire Hathaway Ellen Zern ∙ Pepe Realty ∙ 203-929-6775 Denver Houston
HomeServices ∙ 312-339-3405
Dan Jones ∙ Better Homes and Dallas Kimberly Austin ∙ Coldwell Banker Janis Adams ∙ RE/MAX ∙ 832-771-4663
Gardens Real Estate Metro Brokers Kinga Korpacz ∙ EXIT Realty Redefined Devonshire ∙ 303-758-7611 Zonia Alvarez ∙ Mariner Realty
∙ 678-372-7207 ∙ 773-484-6006 Laura Barnett ∙ RE/MAX ∙ 972-471-7653 Pam Bent ∙ RE/MAX Professionals ∙ 832-768-2649
Merle Land ∙ Keller Williams Realty Helen LaLonde ∙ Smothers Realty Group Lynn Beaurline ∙ Dave Perry Miller Real ∙ 303-981-8811 Karen Archer ∙ Weichert, Realtors/The
∙ 404-274-8339 ∙ 708-588-2064 Estate ∙ 214-505-3556
Rick Cavallaro ∙ Rhino Realty Pros Murray Group ∙ 281-460-3629
Kim Pritchard ∙ Better Homes and Ken Lemberger ∙ RE/MAX Central Gloria Burleson ∙ RE/MAX Dallas ∙ 303-641-1632 Brandi Banks ∙ Mariner Realty
Gardens Real Estate Metro Brokers ∙ 630-205-8340 Suburbs ∙ 469-831-3862 Deidra Christensen ∙ HomeSmart Realty ∙ 281-682-6069
∙ 404-843-2500 Joanne Nemerovski ∙ Compass Dan Combe ∙ Ebby Halliday, Realtors Group ∙ 720-849-1092
Debbie Redford ∙ All Atlanta Reality ∙ 312-720-4505 ∙ 817-800-0007 Michael Galansky ∙ The Galansky Group, Tracy Boulanger-Stong ∙ Mariner
Realty/Lake Conroe ∙ 936-718-8766
∙ 770-403-4565 Rita O’Connor ∙ RE/MAX Unlimited Bernice Edelman ∙ Ebby Halliday, LLC ∙ 303-773-3140
Northwest ∙ 847-3481234 Realtors ∙ 214-384-7700 Christy Buck ∙ Infinity Real Estate Group
Boston Rick Janson ∙ Denver Lifestyle® Real ∙ 832-264-8934
Matt Ohlsen ∙ Sotheby’s International Steve Grant ∙ Steve Grant Real Estate Estate, Inc. ∙ 303-589-2320
Josh Brett ∙ Nextdoor Realty Team at Realty ∙ 708-309-3985 LLC ∙ 903-675-3503 Melanie Foreman ∙ Lake Houston Realty
Unlimited Sotheby’s International Debbie Pawlowicz ∙ RE/MAX Action Karen Hallman ∙ Ebby Halliday, Realtors Mindi Krneta ∙ RE/MAX ∙ 303-668-8284 ∙ 713-269-5724
Realty ∙ 617-543-4185 Lindsay Mann-Emerson ∙ Keller Sheri Winter Glass ∙ RE/MAX The
∙ 630-309-1466 ∙ 214-695-5538
Osnat Levy ∙ Osnat Levy Team Williams/The Creed Group Woodlands & Spring ∙ 713-724-3371
Chris Pequet ∙ Village Sotheby’s Roni Henderson ∙ Keller Williams ∙ 720-900-3212
∙ 617-833-1055 Sherry Gray ∙ Gray Properties
International Realty ∙ 630-327-5175 ∙ 972-342-0839
Marlene Maxon ∙ RE/MAX Alliance ∙ 713-503-0121
Charlotte
C
Charlotteharlotte Ruth Proctor ∙ Coldwell Banker Cathleen Lewis ∙ Coldwell Banker ∙ 303-549-8787
Residential Brokerage ∙ 630-632-7884 ∙ 214-893-9925 Joan Imperato ∙ RE/MAX ∙ 713-502-1100
Leigh Brown ∙ RE/MAX Executive Mary Jo Nelan ∙ Grace & Co. Carol Knott ∙ RE/MAX Integrity
∙ 704-507-5500 Colleen Wilcox ∙ Coldwell Banker Jeannie Nethery ∙ Briggs Freeman ∙ 720-495-9886 ∙ 281-370-5100
∙ 630-291-9289 Sotheby’s International Realty
Kelly Clark ∙ The Clark Group Real Estate ∙ 214-803-3787 Kristine Nguyen ∙ Brokers Guild Classic Nancy McMillan ∙ Greenwood King
Services ∙ 704-791-4701 Coastal Virginiaoastal Virginia ∙ 720-227-3978 Properties ∙ 713-906-1979
C
Coastal Virginia
Robin Husney ∙ Dickens Mitchener Sharon Phillips ∙ Keller Williams Michelle Potter ∙ Sage and Sparrow
Melissa Edwards ∙ Virginia Capital ∙ 214-734-6386 Sandy Petermann-Williams ∙ RE/MAX
Residential Real Estate Realty ∙ 804-832-4252 Real Estate ∙ 303-489-4035 The Woodlands & Spring
∙ 704-517-6370 Collett Halbert Ricks ∙ Elsie Halbert Real
Collin McDowell ∙ Greg Garrett Realty Estate LLC ∙ 214-729-8695 Susie Smyle ∙ RE/MAX ∙ 303-457-4800 ∙ 832-515-7391
Kelley Ireland ∙ Village Real Estate
∙ 757-719-4445 Debbie Vandre ∙ Keller Williams DTC LLC Ben Ringgold ∙ Turner Ringgold Real
Group ∙ 704-517-2811 Swapnil Sharma ∙ RE/MAX ∙ 303-517-0891 Estate ∙ 713-805-1074
Trena Miller ∙ Pruitt Miller Realty Group Connecticut ∙ 972-402-4115 Rose P. Wickwire ∙ Steps Real Estate/The Suzan Assiter Zachariah ∙ Suzan
∙ 704-965-3319 Laurens Wiseman ∙ Local Dwelling
Carol Cangiano ∙ Coldwell Banker ∙ 214-796-2646 Wickwire Team ∙ 303-906-6157 Zachariah, Broker ∙ 832-419-2878
Matt Sarver ∙ Keller Williams Realty ∙ 203-605-4480
i
a
n
a
l
o
p
n
Indianapolis
I
i
d
∙ 704-506-2323 Jane Yeatman ∙ Ebby Halliday, Realtors Fresno Indianapolis s
Carl Chisem, Jr. ∙ Sterling Realtors ∙ 972-679-6345
Jodi Sosna ∙ Pure Real Estate ∙ 860-575-4739 Scott Comstock ∙ RE/MAX Gold Kelly Dather ∙ F.C. Tucker Company
∙ 704-654-9995 ∙ 559-681-9500 ∙ 317-496-9308
Robin Gebrian ∙ William Raveis Real Delaware
Jackie Stutts ∙ RE/MAX Executive Estate ∙ 860-985-7807 Michael Dominguez ∙ Jack Lingo, Ann M. Lee ∙ Universal Real Estate Loris Heck ∙ Carpenter, Realtors
∙ 704-517-2494 ∙ 559-999-4266 ∙ 317-446-1895
Patty McCarthy ∙ William Raveis Real Realtor ∙ 302-645-2207
Chicago Estate ∙ 203-796-7709 Debra Griffin ∙ Joe Maggio Realty Colleen Meehan ∙ Realty Concepts Isabelle Masquelin ∙ Keller Williams
Janie Merola ∙ RE/MAX Right Choice ∙ 302-226-3770 ∙ 559-270-5535 Realty ∙ 317-554-7133
Becky Chase VanderVeen ∙ Realty ∙ 203-521-0791 Robert Mitchell ∙ Keller Williams Realty
Executives ∙ 630-220-1447 Debbie Stiles Phipps ∙ Keller Williams ∙ 559-250-3442 New Jersey
Barbara Podlisny ∙ William Raveis Real Realty ∙ 302-737-6434
Erica Cuneen ∙ Beyond Properties Estate ∙ 203-206-5954 Deanna Spellman ∙ Realty Concepts Barbara Blackwell ∙ Callaway
Realty Group ∙ 708-386-1366 Flossie Pinson ∙ RE/MAX Associates Henderson Sotheby’s International
Barbara Puorro ∙ Puorro Realty Group ∙ 302-275-3156 ∙ 559-790-6964 Realty ∙ 609-915-5000
Greg Desmond ∙ @properties ∙ 860-558-9740 Jan Wright ∙ Realty Concepts, Ltd.
∙ 773-251-1375 Kae Quillen ∙ Beach Bound Realty ∙ 559-288-6893 Virginia Ginny Cassidy ∙ RE/MAX
Susan Resch ∙ William Raveis Real ∙ 302-228-5331
John Glenn ∙ Coldwell Banker Estate ∙ 203-644-5055 Neighborhood Properties
Residential Brokerage ∙ 331-442-4334 ∙ 201-230-5539
®
REALTOR is a federally registered collective membership mark which identifies a real estate professional who is a Member of the NATIONAL ASSOCIATION OF REALTORS and subscribes to its strict Code of Ethics.
®
March 31, 2018 please contact lisa lazansky • 212-206-5563 or [email protected]

P R O M O T I O N






Research — How Our Winners Are Chosen
• Five Star Real Estate Agents do not pay a fee to be included in the research.
• Each professional is screened against state-governing bodies to verify that licenses are current
and no disciplinary actions are pending.
• The inclusion of a real estate agent on the final lists should not be construed as an endorsement
by Five Star Professional or this publication.
• For more information on our research methodology, go to www.fivestarprofessional.com


Go to fi vestarprofessional.com
to fi nd out more information about these market leaders


All award winners are sorted by city and listed alphabetically.

Winifred Cavazini ∙ Sotheby’s Lori Shoemaker ∙ Coldwell Banker Sacramento Khrista Jarvis ∙ Compass/Khrista Jarvis Washington, D.C.
International Realty/Prominent Preferred ∙ 610-363-6006 Team ∙ 925-272-9210
Properties ∙ 908-256-3044 Dana Miller ∙ Glow Realty Dyanne Branand ∙ Coldwell Banker
Christine Worstall ∙ Keller Williams ∙ 916-716-9046 Ken Kho ∙ Legacy Real Estate & ∙ 202-369-7902
Gordon Crawford ∙ Keller Williams Realty ∙ 215-290-7219 Associates ∙ 510-396-5408
Metropolitan Realty ∙ 973-714-3085 Marc Palos ∙ Village Financial Group Michael Gailey ∙ Compass Real Estate
Cyndy Young ∙ Berkshire Hathaway ∙ 916-284-1365 Annestelle Maes ∙ Keller Williams ∙ 240-393-2717
Rosemary Dangler ∙ Sotheby’s HomeServices Fox & Roach, Realtors Realty ∙ 925-855-6448
International Realty/Prominent ∙ 610-715-4712 San Antonio and Azita Mowlavi ∙ Alain Pinel, Realtors Ray Gernhart ∙ RE/MAX ∙ 703-855-6384
Properties ∙ 908-377-4852 ∙ 925-209-4095 Margaret Ireland ∙ Samson Properties
Central Texas
Central Texas
Phoenix C e n t r al T exas ∙ 703-625-2922
Phoenixhoenix
P
Maryanne Elsaesser ∙ Coldwell Banker Michael Perry ∙ Heritage REI
∙ 551-206-9264 Susan Lewis ∙ Russ Lyon Sotheby’s Sandy Cary ∙ Kuper Sotheby’s ∙ 925-209-0658 Sintia Petrosian ∙ The Fleisher Group/
International Realty ∙ 602-672-3650 International Realty ∙ 512-589-1002 TTR Sotheby’s International Realty
Kathryn “Katie” Fedak ∙ RE/MAX Andrea Scott ∙ Alain Pinel, Realtors
Competitive Edge ∙ 732-318-9393 Shirley Owens ∙ HomeSmart Cynthia Lee ∙ KW Commercial ∙ 925-791-2511 ∙ 301-395-8817
∙ 623-594-1881 ∙ 210-696-9996 Carlos Pichardo ∙ CAP Real Estate, LLC
Sheldon S. Furman ∙ Keller Williams Stephanie Sposito ∙ Coldwell Banker
Metropolitan Realty ∙ 973-539-1120 Gretchen Slaughter ∙ Coldwell Banker Bill Morris ∙ RE/MAX Capital City ∙ 925-200-6394 ∙ 571-748-7360
Alan Kurlander ∙ Coldwell Banker Rox Realty ∙ 520-483-6054 ∙ 512-785-3345 Westcheste r
Westchester
Westchester
Seattle
S
∙ 732-409-5024 Andrea Parker ∙ Keller Williams Seattleeattle
Pittsburgh
Pittsburgh ∙ 512-767-8857 Barbara Bodnar ∙ Coldwell Banker
Barbara Lang ∙ Coldwell Banker Pernilla Bradley ∙ Windermere Real Residential Brokerage ∙ 914-649-2018
∙ 908-403-6936 Dan Geller ∙ Berkshire Hathaway Lauren Powell ∙ Kuper Sotheby’s Estate ∙ 425-214-2022
HomeServices ∙ 412-480-0231 International Realty ∙ 512-695-0679 David M. Calabrese ∙ Houlihan
Patricia “Pat” Mayer ∙ Diane Turton, Maria Burke ∙ Coldwell Banker Bain Lawrence ∙ 917-344-9111
Po
Portlandrtland
Realtors ∙ 908-309-9374 Portland Tami Price ∙ Keller Williams Heritage ∙ 206-498-1188
∙ 210-627-5005 Kathleen Collins ∙ Sotheby’s
Geraldine Monti ∙ Berkshire Hathaway Robyn Starr Dezendorf ∙ Keller Bret Butler ∙ Butler & Butler International Realty ∙ 914-715-6052
HomeServices Fox & Roach, Realtors Williams Realty Portland Premiere Carl Shurr ∙ Carl Shurr Real Estate/SEED ∙ 206-604-3350
∙ 856-227-8900 ∙ 503-407-9102 Property Group ∙ 512-944-5977 Eddie Chang ∙ Sotheby’s International Ann Marie Damashek ∙ Weichert,
Realtors ∙ 917-623-0624
Barbara Nudelman ∙ Coldwell Banker Jamie McWilliams ∙ JMA Properties Janice Tisdale ∙ Phyllis Browning Realty/Realogics ∙ 425-922-7136
∙ 201-259-1524 ∙ 503-309-6901 Company ∙ 210-408-2500 Michael Cornell ∙ Michael Cornell Real Miriam Dunn ∙ RE/MAX Prime
Properties ∙ 914-523-8638
Alice B. Samach ∙ Weichert, Realtors San Franciscoan Francisco Estate Group ∙ 206-786-1789
S
San Francisco
Rhode Islandhode Island
R
∙ 973-539-8000 Rhode Island Bradford Davis ∙ Keller Williams Realty Michele Flood ∙ Coldwell Banker
Sunae Chon ∙ Paragon Real Estate Residential ∙ 914-420-6468
David Wylde ∙ RE/MAX Premier Teri Degnan ∙ Teri Degnan Real Estate & Group ∙ 415-874-5046 Greater Seattle ∙ 866-766-7325
∙ 908-752-2305 Consulting ∙ 401-474-9191 Tammy Hatch ∙ HomeSmart Real Estate Steven Geiger ∙ Houlihan Lawrence
Donna Cooper ∙ Hill & Company Real ∙ 914-263-5275
Amy Dixon ∙ Keller Williams ∙ 206-271-4488
Philadelphia ∙ 401-524-6968 Estate ∙ 415-375-0208 Marilyn Krizansky ∙ Houlihan Lawrence
Natalie Curry ∙ Berkshire Hathaway Jeff St. Germain ∙ Keller Williams Realty Lance King ∙ King Realty Group Anita Italiane Hearl ∙ Windermere ∙ 914-261-5273
Real Estate ∙ 206-250-5944
HomeServices ∙ 610-688-4310 Central Rhode Island ∙ 401-226-2148 ∙ 415-282-2280 Katie Becker McLoughlin ∙ Houlihan
Carmen Miranda ∙ Alain Pinel, Realtors Brian Huie ∙ RSVP Real Estate Lawrence ∙ 914-522-3521
Branka Doych ∙ Berkshire Hathaway Debra Jobin ∙ RE/MAX ∙ 401-527-7894 ∙ 206-708-9699
HomeServices Fox & Roach, Realtors ∙ 650-743-4320 Laura Sheppe Miller ∙ Houlihan
∙ 610-420-0498 Anthony V. Mattera ∙ Hope Real Estate Mark Peschel ∙ Zephyr Real Estate Veronique Hval ∙ Windermere Real Lawrence ∙ 914-629-1940
∙ 401-787-8636 Estate South, Inc. ∙ 206-244-5900
Tammy Harrison ∙ RE/MAX Executive Nancy Weaver ∙ Residential Properties ∙ 415-203-1712 Barbara O’Connell ∙ Better Homes and
Realty ∙ 610-520-2500 Kay Kramer ∙ Best Choice Realty Gardens Rand Realty ∙ 914-548-1628
Ltd. ∙ 401-837-2355 San Francisco East Bay ∙ 253-241-7388
Hala Imms ∙ Berkshire Hathaway Lorenzo Signorile ∙ Berkshire Hathaway
HomeServices Fox & Roach, Realtors Chris West ∙ Gustave White Sotheby’s Marianne Allison ∙ North State Nyk Minke ∙ Best Choice Realty HomeServices ∙ 914-490-3906
International Realty ∙ 401-848-6716
∙ 610-520-2727 Financial, Inc. ∙ 510-393-3202 ∙ 206-886-3986 Amy Singer ∙ Houlihan Lawrence
Joann Maguire ∙ Coldwell Banker Richmond Don Farrow ∙ Marples & Associates Stephanie Patrick ∙ RE/MAX Exclusive ∙ 914-772-3526
∙ 215-820-4736 ∙ 925-234-0856 ∙ 253-297-0022
Cyndi Merritt ∙ eXp Realty Filomena Rosemary Stern ∙ Houlihan
Joseph Rey ∙ RE/MAX Millennium ∙ 804-729-5188 Lisa Hoctor ∙ Coldwell Banker LaVerne Pike ∙ Windermere Real Estate Lawrence ∙ 914-523-5437
∙ 215-681-8093 ∙ 925-698-5752 ∙ 425-466-7772 Katherine Tamagna ∙ Julia B. Fee
Sherry Hughes ∙ Coldwell Banker Linda Whittlesey ∙ RE/MAX Northwest
Nicole Marcum Rife ∙ Keller Williams Sotheby’s International Realty
∙ 484-243-0448 ∙ 925-550-3334 Realtors ∙ 206-954-5919 ∙ 914-772-0499
REALTOR is a federally registered collective membership mark which identifies a real estate professional who is a Member of the NATIONAL ASSOCIATION OF REALTORS and subscribes to its strict Code of Ethics.
®
®
please contact lisa lazansky • 212-206-5563 or [email protected] march 31, 2018

FORBES | MARKETPLACE



©2012-2018 KRYPTALL™ ALL RIGHTS RESERVED. SOME RESTRICTIONS MAY APPLY. NOT RESPONSIBLE FOR ERRORS AND OMISSIONS. KRYPTALL™ K IPHONE AND SERVICES SHOWN. APPLE, APPLE LOGO, AND IPHONE ARE TRADEMARKS OF APPLE INC REGISTERED IN THE US AND OTHER COUNTRIES. • CANNOT BE INTERCEPTED

• NO BACKDOORS
• CANNOT BE TRACED
• NO RECORD OF CALLS
• SECURE GLOBAL NETWORK
• USE ANYWHERE IN THE WORLD
• • ONLY ONE DEVICE REQUIRED*
• GUARANTEES YOUR PRIVACY*




5-SSSS RSSRR *KS/ SAAA ® SSS/SRR S R /SAA /S//-S R
SS ://R//S/ SRR- -/R-SR--R-./-./ -/SRS/R SRR - R/ S R RS - S R SSS RS.
WWW.KRYPTALL.COM 310.729.1505 [email protected]

Can’t Hear Voices On TV?




$ 199 99

The AccuVoice Speaker uses patented hearing aid
®
technology to make TV dialogue ultra-clear.

Great Sound. Made Simple.
800-615-0136 | 30-Day Home Trial | Free Shipping | [email protected]
ORDER AT AMAZON.COM OR ZVOX.COM










































MARCH 31, 2018 FOR MARKETPLACE, PLEASE CONTACT LISA LAZANSKY • 212-206-5563 OR [email protected]

FORBES | MARKETPLACE





DEFY Your Age.



Take Control of Your Health.

Feel 10+ years younger with the Cenegenics
Elite Health Program, the Gold Standard in
Age Management Medicine.

B E N E F I T S I N C LU D E
+ Decreased Body Fat
+ Increased Muscle Tone
+ Increased Physical and Sexual Vitality
+ Improved Mental Sharpness and
Sleep Quality
+ Decreased Risk of Age-related Diseases

Call for your complimentary consultation today!





866.634.8560 WWW.CENEGENICS-FORBES.COM










FloorLiner ™ RackSack ®











Cargo Liner




24" Hitch Mounted
Bumper Protection
®
Seat Protector CargoTech ® No-Drill MudFlaps License Plate Frame TechLiner ® BumpStep XL TechCare ®
Acura · Alfa Romeo · Aston Martin · Audi · BMW · Buick · Cadillac · Chevrolet · Chrysler · Dodge · Ferrari · Fiat · Ford · Genesis · GMC · Honda · Hummer · Hyundai

Accessories Available for Infiniti · Isuzu · Jaguar · Jeep · Kia · Land Rover · Lexus · Lincoln · Maserati · Mazda · Mercedes-Benz · Mercury · Mini · Mitsubishi · Nissan · Oldsmobile · Plymouth
Pontiac · Porsche · RAM · Saab · Saturn · Scion · Smart · Subaru · Suzuki · Tesla · Toyota · Volkswagen · Volvo and more!
American Customers Canadian Customers European Customers
Order Now: 800-441-6287
WeatherTech.com WeatherTech.ca WeatherTech.eu
© 2018 by MacNeil IP LLC

FOR MARKETPLACE, PLEASE CONTACT LISA LAZANSKY • 212-206-5563 OR [email protected] MARCH 31, 2018

thoughts on
Abundance





“In hIs
heydAy,
howArd
hughes
“I’ve got all dIdn’T hAve
the money “You never find As good A
I’ll ever need— people laboring TelevIsIon
just so long to convince you As you do.”
as I die by that you may —kevin D. WilliamSon
four o’clock.” live very happily
upon a plentiful
—Henny youngman
fortune.”
—Samuel JoHnSon
“If we command our wealth,
we shall be rIch and free.”
—eDmunD Burke
“I was so good
at beIng a man,
wIth such
“Like
plenItude and
the rain,
sImplIcIty, that
I thought I was
everything
somethIng of a
comes in
superman.”
bucketsfuL—
“Right now, for —alBert camuS
or not
the first time ever, “The thankful
a passionate
at aLL.” receiver bears a
—Henry miller and committed plentiful harvest.”
individual has access —William Blake
to the technology,
minds and capital
required to take on
“it was a rich place.
any challenge.”
as rich as plumcake.”
—c.S. leWiS —Peter H. DiamanDiS
“god doesn’t measure his EvErEtt CollECtion/nEwsCom; UnivErsal History arCHivE/GEtty imaGEs; Jin lEE/BloomBErG; alBin loHr-JonEs/Polaris/nEwsCom; Jim DamaskE/ZUma PrEss/nEwsCom; CECil BEaton/ConDE
bounty, but oh, how we do!” nast/GEtty imaGEs; ann ronan PiCtUrEs/GEtty imaGEs; BEttmann/GEtty imaGEs; kim CarEy; JoHn CHillinGwortH/PiCtUrE Post/GEtty imaGEs; lisZt CollECtion/nEwsCom
—mignon mclaugHlin

“Wealth comes from industry
and the hard experience of FINAL
human toil. To dissipate it in THOUGHT
waste and extravagance is “An abundance of
disloyalty to humanity.” money can bless
—calvin cooliDge as well as curse.
The latter is to be
“you crown the year wIth your bounty, and vigilantly guarded
“my Lord. it is
your carts overflow wIth abundance.” against.”
too much, and
—PSalm 65:11 —B.c. ForBeS
not enough.”
—Jacqueline carey SOURCES: TROPIC OF CANCER, BY HENRY MILLER; ALBERT CAMUS OF EUROPE AND AFRICA, BY CONOR
CRUISE O’BRIEN; BOLD, BY PETER H. DIAMANDIS; LETTERS ON A REGICIDE PEACE, BY EDMUND BURKE;
THE LIFE OF SAMUEL JOHNSON, BY JAMES BOSWELL; THE MAGICIAN’S NEPHEW, BY C.S. LEWIS;
THE AUTOBIOGRAPHY OF CALVIN COOLIDGE; KUSHIEL’S CHOSEN, BY JACQUELINE CAREY.
140 | FORBES maRch 31, 2018

L U X U R Y

P E R F O R M A N C E

P A S S I O N








Custom Outdoor Kitchens by Kalamazoo 888 353 5901
Crafted without compromise kalamazoogourmet.com

UNLIMITED



2% CASH BACK



TO KEEP YOUR BUSINESS GROWING





























































With the Spark Cash Card from Capital One, you earn UNLIMITED
®
®
2% CASH BACK on equipment, inventory, advertising, and everything
in between, which could add up to thousands of dollars for your business.
Learn more by visiting CapitalOne.com/SmallBusiness


Credit approval required. Offered by Capital One Bank (USA), N.A. ©2017 Capital One