Top Billionaires
11. Stefan Persson
Nearly all his fortune comes from the family's 38% equity stake in H&M, founded by his father, Erling, in 1947. Chairman of global apparel retailer Hennes & Mauritz Stefan Persson has lately been making news for his high profile real estate investments. Buying blocks in Paris, the retailer continues its international expansion as it has now more than 2,500 stores in 45 countries. Stefan Persson also holds a non profit Mentor Foundation helping the youth.
12. Michael Bloomberg
New York's Mayor, Michael Bloomberg enjoys a new challenge as of today, eradication of gun violence. Though playing on the social front, Mike has become $5 Bn richer his year all because of his financial data Bloomberg firm he founded in 1982. Owning about 88% of the company, Bloomberg is said to own houses in the major places around New York. He also donates vigorously to various causes, the recent one with Bill Gates Foundation.
13. Jim Walton
Known as the Wal-Mart heir, and operating as the CEO of his family's Arvest Bank which operates in major cities ; it can be easily calculated how Jim Walton breaks the billionaire barrier. He and his family have also contributed generously to Walton Family Foundation, and was a supporter of Mitt Romney during the presidential elections.
14. Sheldon Adelson
Owner of the Las Vegas Sands Casino, his shares were up by more than 20% this year. Apart from this he holds a Venetian Resort, a Palazzo Resort and one more in Macao.
15. Alice Walton
Wal-Mart heiress, Alice Walton is known for her philanthropic efforts. Her ambitious Crystal Bridges Museum of American Art in Bentonville which displays her donated works is also said to be worth hundreds of millions of dollars. She currently runs a horse ranch in Texas while her personal assets accumulate in millions. But Alice is also a generous donator along the likes of Steve Balmer, Bill Gates, and also to the Walton Family Foundation.
16. S Robson Walton
Eldest son of the Wal-Mart family and heir, Rob has remained as the chairman since early 90s'. Before joining Wal-Mart, he was a partner with a Law firm in Tulsa. His family has been donating generously to the Walton Family Foundation for years now.
17. Karl Albrecht
Karl and his late brother Theo began working at their mother's corner grocery store after World War II. And years of long efforts turned it into a large retail chain with low prices. Later when the brothers split the ownership, Karl was awarded with more fruitful parts of the Germany and the world, whereas Theo got portions of Germany and Europe. The store known as Aldi Sud, operates in 9 countries & within 32 states of USA. Karl who is 93 now passed the baton to his daughter and her son who now represent the family on Aldi's board.
18. Jeff Bezos
One of the largest online retailer of possibly any kind, Bezos led Amazon has touch new heights with profits up to $61 Bn. Amazon founded by Jeff in 1994, in his garage where he used to sell books, went public three years later after a series of remarkable events. Reports say that Amazon is about to launch virtual currency for its Kindle fire. Exhibiting great interest in aerospace, Jeff funds huge volumes of money into his adventurous feats. Recent study claims he has found the remains of the engines of Apollo 11 Lunar Mission. Spending a vast amount on robotics, he plans to add robots to his workforce to increase the processing at his factories. Bezos family does charity as well. The Seattle company has also added 20 new shipping hubs for faster and reliable delivery of its goods.
19. Larry Page
Google co-founder and CEO, saw his company span a revenue of $50 Bn last year. After having so many feats with the internet company, Page now focuses on mobile devices. An avid techie, he is believed to be a major prophet of cleaner forms of energy with his house built around on geothermal and rainwater techniques. Page and Sergey Brin also hold investment in the Electric Automobile Co Tesla. Page is currently receiving treatment for his loss of voice.
20. Sergey Brin
With Larry Page founded Google, Sergey Brin now looks into the more futuristic branches of technology like the famous Google Glass which focuses on augmented data technique. Page and Brin collaborated in their PhD courses at Stanford University, and later dropped out in 1998 to operate from a garage. Brin, from a family of scholars, along with his wife Anne Wojcicki, run the Brin Wojcicki Foundation. Wojcicki leads biotech startup 23andMe. Sergey has been spotted avidly testing his Google Glass out on the New York City subway which he now leads into deployment.
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