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Dec 31, 2022 · mutual fund magnate, an energy drink entrepreneur, and an eyewear mogul were among the 26 billionaires who died in 2022. That’s out of a total of 2,668 billionaires on Forbes list of the...
- In Memoriam: These Billionaires Died Over The Past Year - Forbes
Including Love, there were 29 billionaires who died over the...
- Obituaries: Remembering The Forbes 400 Billionaires Who Have ...
Since last year’s Forbes 400 list, we have said goodbye to...
- In Memoriam: These Billionaires Died Over The Past Year - Forbes
- Gordon Moore
- Masatoshi Ito
- Tom Love
- Thomas Lee
- Billy Joe “Red” Mccombs
- Ted Lerner
- Roberto Ongpin
- Teh Hong Piow
- Winarko Sulistyo
- Dietrich Mateschitz
Citizenship: U.S. | Net worth at death: $6.8 bil | Died: March 2023, age 94
A Caltech PhD in chemistry and physics, Moore was part of the "traitorous eight" that left Nobel Prize winner Bill Shockley's firm to found Fairchild Semiconductor in 1957. He cofounded Intel in 1968 and served as CEO from 1975 to 1987 and as chairman from 1979 to 1997. (He appears on the 2023 ranking because he died after Forbesfinalized its list.)
Citizenship: Japan | Net worth: $4.4 bil | Died: March 2023, age 98
Ito brought 7-Eleven to Japan in the 1970s. He was honorary chairman of Seven & i Holdings, which operates nearly 80,000 stores, many of them 7-Elevens, in 19 countries. The Tokyo-listed business generates almost $80 billion in annual revenue. Ito was ranked Japan’s eighth-richest personin May 2022.
Citizenship: United States | Net worth: $5.5 bil | Died: March 2023, age 85
Love founded convenience store chain Love’s Travel Stops & Country Stores with his wife Judy, starting with their first gas station in Watonga, Oklahoma in 1964. Eight years later they had opened 40 stores. At the time of Love’s death, their chain had grown to 600 locations in 42 states making an estimated $25.5 billion in annual sales.
Citizenship: U.S. | Net worth: $2 bil | Died: February 2023, age 78
A private equity pioneer, Lee helped grow mid-sized brands into household names, most notably buying Snapple from its founders in 1992 and selling it in 1994 for $1.7 billion. He died in February of an apparent suicide in his offices at 767 Fifth Avenue in Manhattan.
Citizenship: U.S. | Net worth: $1.7 bil | Died: February 2023, age 95
Long one of the wealthiest Texans, Red McCombs was best known for his Lone Star State-centric philanthropy. His wealth stemmed from owning what was, at its peak, a network of 55 car dealerships and cofounding Clear Channel Radio, which became the broadcasting empire iHeartMedia. He also held a stake in private security contractor Constellis Group, formerly Blackwater, which he sold in 2016.
Citizenship: U.S. | Net worth: $6.6 bil | Died: February 2023, age 97
Lerner borrowed $250 from his wife in 1952 to start a real estate business, eventually becoming one of the Washington, D.C.-area’s biggest developers. In 2006 he bought the Washington Nationals baseball team, now run by son Mark, for $450 million; it’s now worth $2 billion.
Citizenship: Philippines | Net worth: $830 mil | Died: February 2023, age 86
Ongpin was chairman of Alphaland, which developed high-end office, residential and resort properties. A former Philippine trade minister, Ongpin was accused of insider trading in 2009 but was cleared of the charges in 2017. In 2016, Philippines president Rodrigo Duterte targeted Ongpin in a crackdown on big businesses, forcing him to sell his controlling interest in online gaming firm PhilWeb. He also owned the cigar maker Tabacalera and 16 homes across the globe. His fortune slipped below $1...
Citizenship: Malaysia | Net worth: $5.7 bil | Died: December 2022, age 92
In 1966, he started one of Malaysia’s biggest banks, Public Bank, and led it for decades before retiring as nonexecutive chairman in 2019. When he retired, Public Bank was the second largest lender in Malaysia, with a market cap of 85 billion ringgit ($19 billion), and had millions of customers across Cambodia, China, Hong Kong, Sri Lanka and Vietnam.
Citizenship: Indonesia | Net worth: $1.1 bil | Died: November 2022, age 76
Sulistyo’s wealth came from a stake in Fajar Surya Wisesa, a producer of packaging paper used by consumer goods companies such as Nestle, Unilever and Samsung.
Citizenship: Austria | Net worth: $20.2 bil | Died: October 2022, age 78
The Austrian citizen discovered energy drinks while traveling to Asia as a marketing exec, then in 1987 partnered with a Thai entrepreneur to create their own, Red Bull. He grew it into a world-famous brand synonymous with adventure sports. His son Mark inherited his 49% share of the $10 billion (sales) business.
Notable Deaths of 2022: Business and Economics. Remembering Edward C. Johnson III, Régine, Leonardo Del Vecchio, Dee Hock, Rommy Hunt Revson, Fred Franzia, Julian Robertson, Lowry Mays, Dan ...
Oct 6, 2021 · Since last year’s Forbes 400 list, we have said goodbye to six billionaires, including casino mogul Sheldon Adelson and investor Eli Broad.
On 3 June 2022 the Dutch NOS news network described the phenomenon as "a grim series of Russian billionaires, many from the oil and gas industries, who have been found dead under unusual circumstances since early this year.
This is a list of countries by their number of billionaire residents, based on annual assessments of the net worth in United States Dollars of wealthy individuals worldwide.
Jul 18, 2024 · Our late 2022–23 billionaires, despite having access to the best of everything, survived no longer, on average, than a typical American man who earns $335,000.