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Oct 5, 2021 · Forbes used stock prices from September 3, 2021 to calculate net worths for the list. Leading the newcomers, with a $30.4 billion fortune, is Miriam Adelson , wife of the late casino mogul...
Forbes' Real-Time Billionaires rankings tracks the daily ups and downs of the world’s richest people. The wealth-tracking platform provides ongoing updates on the net worth and ranking of...
Oct 5, 2021 · The combined fortune of the 43 Forbes 400 members who own controlling stakes in major sports teams is up a staggering 41%, to $389.2 billion, over the past year. Steve Ballmer leads the way...
- Sergei Klebnikov
Apr 5, 2022 · Forbes found 2,668 billionaires around the globe for the 2022 World’s Billionaires list, down from a record 2,755 last year. Collectively, they’re worth $12.7 trillion, down from a record...
- Source: Videoconferencing
- Source: Private Equity
- Source: Electric Vehicles
- Source: Cybersecurity
- Source: Investments
- Source: Meat Processing
- Source: Furniture
- Source: Online Advertising
- Source: Beer
Long before Covid-19 quarantining at home turned his company into a household name, the 50-year-old Zoom Video Communications founder worked as a manager at Cisco’s WebEx video platform. An engineering graduate of the Shandong Institute of Business and Technology in Yantai, China, he emigrated to the U.S. in 1997 after eight failed attempts to obta...
Mnaymneh and Tamer founded New York-based private equity firm HIG Capital in 1993 in their mid-thirties and now serve as co-CEOs. HIG, which has $39 billion in assets under management, excels at investing in mid-sized companies in the U.S., Europe and Latin America, including online women’s retailer Lulus and online high school yearbook vault Class...
College and high school dropout Miltonfounded electric vehicle maker Nikola Corp. in 2014 at age 33. It went public through a reverse merger in June, sending Milton’s net worth skyrocketing. The Phoenix-based company is developing electric trucks that run on pure electric or hydrogen electric powertrains. While Nikola has yet to generate revenues, ...
Xie cofounded cybersecurity firm Fortinet with his brother, Michael, in 2000 and took it public nine years later. Trained as an electrical engineer at Stanford, Fortinet wasn’t his first foray in entrepreneurship: he founded firewall software company SIS in 1993 and started IT security outfit NetScreen three years later, which was acquired by Junip...
A buyout trailblazer, Klinskyworked his way up the ranks of Goldman Sachs’ leveraged buyout unit and private equity firm Forstmann Little in the 1980s and 1990s, before striking out on his own in 1999, when he founded New Mountain Capital. It has become one of the best performing firms in the buyout industry, and Klinsky sold a 10% stake in New Mou...
The financial consultant-turned-food mogul joined meat processing giant OSI Group, then named Otto & Sons, in 1970 when he helped arrange financing for the company’s meat processing plant in Chicago. Over the years, he rose to become OSI’s majority owner, helping it expand to 17 countries. OSI was the first beef supplier to McDonald’s in 1955 and r...
In 2002 Wanek took over the reins as CEO of Ashley Furniture, the furniture manufacturer and retailer his father (and fellow Forbes 400 member) Ronaldbought in 1976. The Wisconsin-based firm continued to grow through the pandemic, opening new stores in Mexico, India, Bangladesh and Kenya while investing $22 million in a new facility in Mississippi....
Shares in Green’s online advertising firm The Trade Desk are up 83% over the past year as the company grewits data-driven advertising business and customers flocked to its platform for ads on streaming services. Green quit Microsoft to start The Trade Desk in 2009 — after selling a previous firm to the company — and took it public seven years later...
Kochstarted brewing beer in his kitchen in the 1980s using a recipe his great-great grandfather developed in the 1870s. He named the beer Samuel Adams, after the Boston-born founding father, and sold the first cases a year later on Patriot’s Day in Boston. In 1995, the company went public as the Boston Beer Company; he owns a 26% stake. While Covid...
Jun 14, 2024 · Guerin Blask for Forbes. Charles Koch Net worth: $59.6 billion | Source of wealth: Koch Industries | Case: Loper Bright Enterprises v. Raimondo, NetChoice, LLC v. ... Net worth: $5.2 billion (as ...
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Oct 5, 2021 · The aggregate wealth of The Forbes 400 reached a record-breaking $4.5 trillion, and the minimum net worth needed to make the cut for this year’s list rose to a record high of $2.9 billion,...
