Local business tycoon Henry Sy has yet again made the cut of Forbes’ World Billionaires list this 2018, beating out the likes of Tesla Motors’ Elon Musk and media mogul Rupert Murdoch. Sy sits as chairman emeritus of SM Investments, one the country’s biggest conglomerates. Topping the Forbes Philippines Rich List for ten years in a row, Sy started the business by learning the ropes of retail from his father in the family convenience store. The 93-year-old businessman is self-made and graduated from Far Eastern University with a Bachelor of Arts and Sciences.
Forbes’ annual list is dubbed The Tree-Comma Club. For this year’s list, they studied and surveyed a record 2,208 billionaires from around the world (spanning 72 countries and territories). This elite group of 100 are the richest people in world. They are worth a total of $9.1 trillion, an 18% increase from the 2017 study. American citizens lead the list with a record of 585 billionaires, followed by China’s 373. Amazon’s Jeff Bezos tops this year’s list for the first time ever. He is also the only person to appear with a 12-figure fortune (a $39 billion leap from last year). This puts him ahead of Bill Gates, who topped the list last year.
SEE THE TOP 100 LIST BELOW, COURTESY OF FORBES.COM:
- Jeff Bezos – $112 B (Amazon)
- Bill Gates – $90 B (Microsoft)
- Warren Buffet – $84 B (Berkshire Hathaway)
- Bernard Arnault & Family – $72 B (LVMH)
- Mark Zuckerberg – $71 B (Facebook)
- Amancio Ortega – $70 B (Zara)
- Carlos Slim Helu & Family – $67.1 B (telecom)
- Charles Koch – $60 B (Koch Industries)
- David Koch – $60 B (Koch Industries)
- Larry Ellison – $58 B (software)
- Michael Bloomberg – $50 B (Bloomberg LP)
- Larry Page – $48.8 B (Google)
- Sergey Brin – $47.5 B (Google)
- Jim Walton – $46.4 B (Walmart)
- Robson Walton – $46.2 B (Walmart)
- Alice Walton – $46 B (Walmart)
- Ma Huateng – $45.3 B (internet media)
- Francoise Bettencourt Myers – $42.2 B (L’Oreal)
- Mukesha Ambani – $40.1 B (petrochemicals, oil & gas)
- Jack Ma – $39 B (e-commerce)
- Sheldon Adelson – $38.5 B (casinos)
- Steve Ballmer – $38.4 B (Microsoft)
- Li Ka-shing – $34.9 B (diversified)
- Hui Ka Yan – $30.3 B (real estate)
- Lee Shau Kee – $30.3 B (real estate)
- Wang Jianlin – $30B (real estate)
- Beate Heister & Karl Albrecht Jr. – $29.8 B (supermarkets)
- Phil Knight – $29.6 B (Nike)
- Jorge Paulo Lemann – $27.4 B (beer)
- Francois Pinault – $27 B (luxury goods)
- Georg Schaeffler – $25.3 B (auto parts)
- Susanne Klatten – $25 B (BMW, pharmaceuticals)
- David Thomson – $25 B (media)
- Jacqueline Mars – $23.6 B (candy, pet food)
- Job Mars – $23.6 B (candy, pet food)
- Joseph Safra – $23.5 B (baking)
- Giovanni Ferrero – $23 B (Nutella, chocolates)
- Dietrich Mateschitz – $23 B (Red Bull)
- Michael Dell – $22.7B (Dell computers)
- Masayoshi Son – $22.7 B (internet, teleocom)
- Serge Dassault – $22.6 B (diversified)
- Stefan Quandt – $22 B (BMW)
- Yang Huiyan – $21.9 B (real estate)
- Paul Allen – $21.7 B (Microsoft, investement)
- Leonardo Del Vecchio – $21.2 B (eyeglasses)
- Deiter Schwarz – $20.9 B (retail)
- Thomas Peterffy – $20.3 B (discount brokerage)
- Theo Albrecht, Jr. – $20.2 B (Aldi, Trader Joe’s)
- Len Blavatnik – $20.2 B (diversified)
- He Xiangjian – $20.1 B (home appliances)
- Lui Che Wood – $20.1 B (casinos)
- James Simons – $20 B (hedge funds)
- Henry Sy – $20 B (diversified)
- Elon Musk – $19.9 B (Tesla Motors)
- Hinduja family – $19.5 B (diversified)
- Tadahi Yanai – $19.5 B (fashion retail)
- Vladimir Lisin – $19.1 B (steel, transport)
- Laurence Powell Jobs – $18.8 B (Apple, Disney)
- Azim Premji – $18.8 B (software services)
- Alexey Mordashov – $18.7 B (steel, investments)
- Lee Kun-Hee – $18.6 B (Samsung)
- Lakshmi Mittal – $18.5 B (steel)
- Wang Wei – $18.2 B (package delivery)
- Leonid Mikhelson – $18 B (gas, chemicals)
- Charoen Sirivadhanabhakdi – $17.9 B (drinks, real estate)
- Pallonji Mistry – $17.8 B (construction)
- Ray Dalio – $17.7 B (hedge funds)
- Takemitsu Takiaki – $17.5 (sensors)
- William Ding – $17.4 B (online games)
- Budi Hartono – $17.4 B (baking, tobacco)
- Gina Rinehart – $17.4 B (mining)
- German Larea Mota Velasco – $17.3 B (mining)
- Carl Icahn – $16.8 B (investments)
- Stefan Persson – $16.8 B (H&M)
- Michael Hartono – $16.7 B (banking, tabacco)
- Joseph Lau – $16.7 B (real estate)
- Thomas & Raymond Kwok – $16.5 B (real estate)
- Vagit Alekperov – $16.4 B (oil)
- James Ratcliffe – $16.4 B (chemicals)
- Donald Bren – $16.3 B (real estate)
- Iris Fontbona – $16.3 B (mining)
- Gennady Timchenko – $16 B (oil, gas)
- Abigail Johson – $15.9 B (money management)
- Vladimir Potanin – $15.9 B (metals)
- Lukas Walton – $15.9 (Walmart)
- Charlene de Carvalho-Heineken – $15.8 B (Heinken)
- Zhang Zhidong – $15.6 B (internet media)
- Peter Kellner – $15.5 B (banking)
- Andrey Melnichenko – $15.5 B (coal, fertilizers)
- David & Simon Reuben – $15.5 B (investments, real estate)
- Klaus-Michael Kuehne – $15.3 B (shipping)
- Lu Shufu – $15.3 B (automobiles)
- Mikhail Fridman – $15.1 B (oil, baking, telecom)
- Rupert Murdoch – $15 B (newspapers, TV network)
- Dhanin Chearavanont – $14.9 B (diversified)
- Robert Kuok – $14.8 B (palm oil, shipping, property)
- Emmanuel Besnier – $14.7 B (cheese)
- Shiv Nadar – $14.6 B (software services)
- Viktor Vekselberg – $14.4 B (metals, energy)
- Aliko Dangote – $14.1 B (cement, sugar, flour)
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By Chino R. Hernandez
Featured photo courtesy of CelebrityNetworth.com
