New energy king LI hejun steals crown of china number one from jack ma

The USA: Ranks No 1 with 537 billionaires; 56 more than 2014. Technology, Media and Telecom (TMT) overtook investments to become the main source of wealth for American billionaires, followed by retail. TMT, investments and retail made up 125, 110 and 55 billionaires respectively. The combined wealth of the US billionaires was US$2.2 trillion. New York is America’s (and the world’s) city with the highest concentration of billionaires, with 91, followed by San Francisco and LA on 26 and 22 respectively. The USA is also the world’s capital for immigrant billionaires, attracting 211 billionaires. 386 self-made and 152 inherited billionaires. USA added 71 new billionaires. Average age of US billionaires 66.4.

China: Ranks No 2 with 430 billionaires, 72 more than last year. The combined net worth of the Chinese billionaires is US$1.2 trillion. Real Estate has generated most number of billionaires (119), followed by Manufacturing and TMT with 70 and 41 respectively. Led by Hong Kong and Beijing, 5 Chinese cities make the top 20 cities. Hong Kong, Beijing and Shenzhen are home to 71, 68 and 34 billionaires respectively. Average age of the billionaires is 58. 395 self made and 35 inherited. China is the number 1 in the world in terms of generating the most self-made billionaires akin to “rags to riches” – 90% of the Chinese billionaires.

India: Leapfrogged Russia and the UK to third place with 97 billionaires, 27 more than 2014. Manufacturing, Pharma and TMT are the preferred sectors with 23, 14 and 12 billionaires respectively. Combined wealth of the Indian billionaires comes to US$266bn. Mumbai is headquarters to most of the Indian billionaires. Mukesh Ambani (US$20bn, rank 41) is the richest Indian.

Russia: Comes in forth with 93 billionaires; 10 less than 2014. All are self-made. The most popular sectors are energy, real estate and financial services with 19, 13 and 11 billionaires respectively. Moscow is home to 73 billionaires. Combined wealth of the Russian billionaires comes to US$365bn. Overall wealth of Russian billionaires declined by 5%.

UK: Down one place to 5^th with 80 billionaires, 2 more than 2014. With four new entrants, Mike Ashley, 50, of Sports Direct leads with a net worth of USD2.8 Bn. London is the overwhelming city of choice for 49 billionaires. Retail, real estate and TMT are the biggest wealth creators with 13, 12 and 9 billionaires respectively. UK billionaires have a combined wealth of US$244 billion. Overall wealth of UK billionaires dropped by 10%. Ukrainian-born Leonard Blavatnik and Indian origin SP Hinduja & family are the richest people living in the UK.

Germany: retains the 6^th spot with 72 billionaires, despite having 6 more than 2014. With a 28% increase in net worth, Dieter Schwarz, 75, of Schwarz Group shoots to the top spot of the richest German billionaires. F&B, TMT and Retail are the most popular sectors with 16, 13 and 11 billionaires respectively. Hamburg is the preferred city with 9 billionaires living there.

Switzerland: 7th with 60 billionaires, 4 more than 2014. With 14 billionaires, Geneva is the No 1 city for billionaires in Switzerland. Preferred sectors are manufacturing (with 13 billionaires) and Pharma (with 12 billionaires). Combined wealth of the Swiss billionaires cumulates to US$188.3bn.

Brazil: 8th with 56 billionaires, 8 more than 2014. Combined wealth of the Brazilian billionaires totals US$148bn. Financial services is preferred industry with 12 billionaires followed Real Estate with 7 billionaires.

Japan: 11th with 45 billionaires, 2 more than 2014, despite the Yen losing 6% against the dollar. Combined wealth of the Japanese billionaires cumulates to US$112bn. The preferred sector is TMT with 17 billionaires followed by retail with 9. Tokyo is the preferred city.

France: 10th with 46 billionaires, 9 more than 2014. Combined wealth of the French billionaires is US$265bn. The preferred sector is luxury goods with 9 billionaires followed by F&B with 7 billionaires. Paris is the preferred city.

Chinese Taipei: 9th with 48 billionaires, 11 more than 2014. Taipei is the preferred city. Manufacturing is the preferred sector. Tsai Eng-Meng is the richest person (US$10bn).
Young & Rich

There were 40 billionaires under 40, up by a whopping 50% or 16 individuals. Led by Snapchat founders Evan Spiegel, 23, and Bobby Murphy, 25, the USA has the most (7), followed by China (3). 25% are women, of which Elizabeth Holmes, 30, is the youngest. 22 are self-made with 18 inherited.

Billionaires under 40 years – Hurun Global Rich List 2015

Age Name Wealth US$Bn Main Company Self-made Scorecard Gender Country of Residence 24 Evan Spiegel 1.5 Snapchat 4 M USA 26 Bobby Murphy 1.5 Snapchat 4 M USA 30 Mark Zuckerberg 44 Facebook 4 M USA 30 Dustin Moskovitz 13 Facebook 4 M USA 30 Elizabeth Holmes 3.6 Theranos 4 F USA 30 Anton Kathrein Jr 1.4 Kathrein Werke 3 M Germany 31 Albert von Thurn und Taxis 2.0 - 3 M Germany 31 Nathan Blecharczyk 1.5 AirBnb 4 M USA 32 Scott Duncan 5.0 Enterprise Products 1 M USA 32 Eduardo Saverin 3.7 Facebook 4 M Singapore 32 Lynsi Torres 1.7 In N Out Burgers 3 F USA 33 Joe Gebbia 1.5 AirBnb 4 M USA 33 Fahd Hariri 1.2 Turk Telekomunikasyon 3 M France 33 Kang Qiao 1.0 Searainbow 1 F China 34 Yang Huiyan 6.5 Country Garden 2 F China 34 Marie Besnier Beauvalot 1.8 Lactalis 1 F France 34 Mike Cannon-Brookes 1.2 Atlassian Corp 4 M Australia 34 Scott Farquhar 1.2 Atlassian Corp 4 M Australia 35 Sean Parker 2.8 Facebook 4 M USA 35, 34 Wang Qicheng & Wu Yan 1.3 Hakim 5 M, F China 36 Naruatsu Baba 1.9 Colopl 4 M Japan 36 Robert Pera 1.6 Ubiquity Networks 4 M USA 36 Garrett Camp 1.3 Uber Technologies 4 M USA 36 Ayman Hariri 1.2 Turk Telekomunikasyon 3 M Saudi Arabia 37 Alejandro Santo Domingo 14 Sab Miller 2 M USA 37 Yvonne Bauer & family 2.6 Bauer Media 3 F Germany 37 Yoshikazu Tanaka 1.5 Gree International 5 M Japan 37 Maxim Nogotkov 1.3 Svyaznoy Retail 5 M Russia 37 Jack Dorsey 1.1 Twitter 4 M USA 38 Rahel Blocher 2.5 EMS Chemie 1 F Switzerland 38 Ciliandra Fangiono 1.8 First Resources Ltd 3 M Indonesia 38 Julia Oetker 1.5 Dr Oetker 2 F Germany 38 Travis Kalanick 1.3 Uber Technologies 4 M USA 39 Lawrence Ho 3.4 Melco 2 M China 39 Chase Coleman, III 2.0 Tiger Global Management 4 M USA 39 Nicholas Woodman 1.9 GoPro 4 M USA 39 Yusaku Maezawa 1.3 Start Today Co. 5 M Japan 39 Miriam Blocher 1.2 EMS Chemie 1 F Switzerland 39 Serra Sabanci 1.0 Sabanci Holding 1 F Turkey

Source: Hurun Global Rich List 2015

Source of Wealth – Hurun Global Rich List 2015

Disruptive Value Creation supported by innovative technology has created more billionaires in the recent past

	Industry	No. of billionaires	Change in No. of billionaires	Richest person	Company
1-	Technology, Media and Telecoms	297	40	Larry Ellison	Oracle
2-	Real Estate	280	27	Li Ka-shing	Cheung Kong
3-	Manufacturing	219	33	SP Hinduja	Hinduja Group
4-	Investments	205	21	Bill Gates	Microsoft
5-	Retail	174	-6	Amancio Ortega	Inditex
6-	Food & Beverages	156	18	Forrest Mars	Mars
7-	Energy	129	5	Charles & David Koch	Koch Industry
8-	Financial Services	118	3	Luis Carlos Sarmiento	Grupo Aval
9-	Pharmaceuticals	89	7	Dilip Shanghvi	Sun Pharma
10↑	Logistics & Shipping	47	10	Jack Taylor & family	Enterprise rent a car
11-	Automobile	45	2	Susanne Klatten	BMW
12-	Mining	44	5	Georgina Rinehart	Roy Hill Iron Ore Mine
13↑	Luxury Goods	32	-16	Bernard Arnault	LVMH
14↑	Hospitality	30	1	Mohamed Bin Issa Al Jber	Mbi Internation

Source: Hurun Global Rich List 2015

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