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- Alice Walton. NET WORTH: $62.3 billion. The only daughter of Walmart founder Sam Walton, Alice Walton has focused her career on the art world. She was awarded the Getty Medal in February for her contributions to the field.
- Mackenzie Scott. NET WORTH: $57 billion. Scott, who changed her name from Bezos in July, is carving a philanthropic path for herself that is distinct from her ex-husband’s.
- Julia Koch. NET WORTH: $45 billion. Koch first appeared on The Forbes 400 last year after she and her children inherited a 42% stake in manufacturing and fossil fuel conglomerate Koch Industries following the death of her husband, David Koch.
- Jacqueline Mars. NET WORTH: $29 billion. Mars owns an estimated one-third of Mars Inc., the private confectionary giant that makes candy staples like M&Ms, Snickers and Twix and is also a big seller of pet food, with 50 brands including Pedigree and Whiskas.
Oct 5, 2021 · After deducting $1.3 billion of his assets that have been frozen, Forbes estimates his net worth at $4.7 billion. The youngest newcomer is 29-year-old cryptocurrency billionaire Sam...
- Source of Wealth: L’Oreal
- Source of Wealth: Walmart
- Source of Wealth: Amazon
- Source of Wealth: Koch Industries
- Source of Wealth: Casinos
- Source of Wealth: Candy, Pet Food
- Source of Wealth: Real Estate
- Source of Wealth: BMW, Pharmaceuticals
- Source of Wealth: Mining
Bettencourt Meyers inherited her fortune from her mother, Liliane Bettencourt (d. 2017), whose father, Eugene Schueller, founded cosmetics giant L’Oréal. The $33.6 billion (2020 sales) company’s profits fell 6% in 2020, in part due to consumers losing their appetite for makeup during quarantine measures. Yet the stock still rose 38% thanks to recov...
The daughter of Sam Walton lost her spot as the world’s richest woman to Françoise Bettencourt Meyers, but still gained $7.4 billion in the past year, thanks to Walmart stock rising more than 5% since mid March 2020. The retailing giant introduced free delivery as part of an Amazon Prime-like membership program, helping boost online sales 69% in th...
Scott, whose marriage to Amazon founder Jeff Bezos ended in 2019, became the biggest philanthropist of the pandemic, giving away $5.8 billion in grants to 500 nonprofit organizations across the U.S., supporting causes including racial equity, LGBTQ+ rights and public health. She recently remarried, and her husband, science teacher Dan Jewett,joined...
The widow of David Koch (d. 2019), Julia Koch and her children have a 42% stake in the family business, Koch Industries, which became America’s largest private company per revenue last year. She sits on the board of directors of the $115 billion (2019 sales) conglomerate; David’s older brother Charles is chairman and also owns a 42% stake.
Adelson now controls the 56% stake in casino operator Las Vegas Sands that was formerly owned by her husband, Sheldon Adelson, who died at age 87 in January. The company lost $985 million in the second quarter of 2020 as its two Vegas casinos and resorts were shuttered due to statewide lockdowns. The casinos reopened in June 2020, but the business ...
Jacqueline Mars and her brother John each own an estimated one-third of Mars Incorporated, the $40 billion (sales) candy, pet care and food company that’s known for M&M’s and Skittles. The company was founded by Jacqueline and John’s grandfather, Frank C. Mars, in 1911. In November 2020, Mars Incorporated acquired snack bar maker, KIND North Americ...
Yang Huiyan owns about 58% of China-based real estate developer Country Garden Holdings. Her father, its founder, has been transferring her equity in the business since 2007. Shares fell by almost 14% due to the pandemic. Yang also chairs U.S.-listed education firm Bright Scholar Education Holdings.
Car sales recovered from a slump earlier in the pandemic, leading to a $10.9 billion rise in the BMW heir’s fortune. The German carmaker reported nearly $119 billionin revenues in 2020 and its stock price increased more than 93% since mid-March 2020. She inherited her 19.1% stake in BMW from her late mother, Johanna Quandt, who was married to Herbe...
Rinehart, Australia’s richest person, is chair of mining and agriculture company Hancock Prospecting Group, which was founded by her father, iron-ore explorer Lang Hancock (d. 1992). The iron ore industry was affected by the pandemic in early 2020 but the market has been recovering since, helping boost the value of her estimated 77% stake in the gr...
May 6, 2022 · Loro Piana has named Marco Giacometti its new chief commercial officer, luxury goods, and tasked him with bringing faster growth and market-share gains. Giacometti started in the role May 2...
May 11, 2022 · The cashmere specialist owned by LVMH has appointed as chief commercial officer Marco Giacometti, who held the same post for two years at Valentino and is a highly experienced luxury industry executive.
Feb 6, 2020 · Valentino consolidates its business and taps Fendi’s former exec. The Italian luxury brand has announced the appointment of Marco Giacometti as the new chief commercial officer.
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Feb 5, 2020 · MILAN — Marco Giacometti is joining Valentino as chief commercial officer, effective mid-April. This is a new role. He will report to chief executive officer Stefano Sassi and is tasked with...
