Bloomberg Markets magazine’s annual ranking of the world’s top 100 richest people reveals that the collective fortune of the top 100 billionaires rose by $43 billion to a total of $2.2 trillion in 2014.
The billionaires ranking – a featured story in the December issue of Bloomberg Markets magazine – sees Bill Gates remain at the top spot ahead of Carlos Slim as last year and Warren Buffett move up one spot to third changing rank with Amancio Ortega.
Tech industry billionaires in the top 100 added $52.9 billion to their fortunes, more than billionaires in any other industry. On the other hand especially the nine listed Russian billionaires suffered a combined loss of $11 billion due to U.S. and European sanctions.
Highlights of this year’s ranking include:
- This year’s biggest winner is by far Jack Ma (rank #24) whose net worth increased by $22.3 billion (619.7%!) since December 2013, climbing to $25.9 billion
- This year’s biggest loser (in % change YTD) is Hong Kong’s Lui Che Woo (Galaxy Entertainment Group) whose net worth is down -25.1% at $14.3 billion, placing him at rank #78
- This year’s biggest loser in USD YTD is Dieter Schwarz (Lidl, rank 36) who has lost $5.9 billion since last December (current net worth: $20 billion)
- Top family fortunes: the Waltons (4 family members within the top 100), the Mars family (3), the Kochs (2) and the Quandts (2)
- North America remains home to the most billionaires (42), followed by Russia (9), India (6), China (5), and Germany (5). The UK is only home to 1 (Gerald Cavendish Grosvenor, rank #82)
- The oldest billionaire is Anne Cox Chambers, 94 (rank #92) (followed by Liliane Bettencourt, 91 rank #18); the youngest is Mark Zuckerberg, 30 (rank #13). Average age of the world’s 100 richest people: 67 years
- Number of men: 89; number of women: 11 (remains unchanged from last year)
* Ranking and YTD change based on billionaires’ net worth performance as of September 26, 2014. See below on how the numbers were crunched.
See attached for the top 100, a graphic of the time it took seven of the billionaires to reach the $20 billion mark, the top 5 richest women and a geographic spread of the billionaires. Also attached is the cover for the December issue of Bloomberg Markets magazine.
|TOP 10||Name||Age||Net Worth, in billions USD||YTD Change, in billions USD/percentage||Citizenship||Source of Wealth (Industry)|
|1||Bill Gates||58||85.3||6.7 / 8.5||U.S.||Microsoft (Technology)|
|2||Carlos Slim||74||81.2||7.4 / 10.0||Mexico||America Movil (Telecoms)|
|3||Warren Buffett||84||68||7.2 / 11.8||U.S.||Berkshire Hathaway (Finance)|
|4||Amancio Ortega||78||59.3||-7.1 / -10.7||Spain||Inditex (Retail)|
|5||Charles Koch||78||52.4||2.2 / 4.3||U.S.||Koch Industries (Diversified)|
|–||David Koch||74||52.4||2.2 / 4.3||U.S.||Koch Industries (Diversified)|
|7||Ingvar Kamprad||88||43.3||-10.1 / -19.0||Sweden||IKEA (Retail)|
|8||Larry Ellison||70||42.6||-1.1 / -2.4||U.S.||Oracle (Technology)|
|9||Christy Walton||59||38.7||-0.20 / -0.5||U.S.||Wal-Mart (Retail)|
|10||Jim Walton||66||37||-0.36 / -1.0||U.S.||Wal-Mart (Retail)|
The Bloomberg Billionaires Index is a dynamic daily ranking of the world’s richest people based on changes in markets, the economy and their personal assets. You can view the dynamic ranking here: http://bloom.bg/1kL2YCh
*** Credit: Bloomberg Markets magazine