Thursday, 14 June 2012

86.Robin Li

Robin Li
Net Worth
$10.2 B As of March 2012
At a Glance
  • CEO, Baidu
  • Age: 43
  • Source of Wealth: Technology, Self-made
  • Residence: Beijing, China
  • Country of Citizenship: China
  • Education: Bachelor of Arts / Science, Peking University; Master of Arts, University at Buffalo
  • Marital Status: Married
  • Children: 3
Forbes Lists
Profile:
Mainland China's richest person, Robin Li, is the creator of the most popular search site in the world's most populous country; his search engine, Baidu, has a 78% share in China, helped in part by rival Google's missteps there. He is now gearing up for a mobile push, which currently makes up a small percentage of sales but is growing at a rapid pace. He started out as a staff engineer in Silicon Valley [...] more

Saturday, 9 June 2012

85.Abigail Johnson

Abigail Johnson
Net Worth
$10.3 B As of March 2012
 
At a Glance
  • Age: 50
  • Source of Wealth: Fidelity
  • Residence: Milton, MA
  • Country of Citizenship: United States
  • Education: Master of Business Administration, Harvard University; Bachelor of Arts / Science, Hobart and William Smith
  • Marital Status: Married
  • Children: 2
Profile:
Already one of the highest placed executives at Fidelity Investments, Johnson became even more influential after her father passed her the chairmanship of the firm's flagship mutual fund business in 2011. Founded by her grandfather in 1946, Fidelity is still helmed by her father "Ned," now 81. Fidelity has said there is a succession plan in place, but will not comment beyond that. In 2011 Johnson, [...] more

84.Jack Taylor & family

Jack Taylor & family
Net Worth
$10.4 B As of March 2012
 
Jack Taylor & family
At a Glance
  • Age: 89
  • Source of Wealth: Enterprise Rent-A-Car, Self-made
  • Residence: St. Louis, MO
  • Country of Citizenship: United States
  • Education: Drop Out, Washington University
  • Marital Status: Divorced
  • Children: 2
Forbes Lists
Profile:
As the auto industry improves, so does the rental-car business. Jack Taylor's Enterprise Rent-A-Car has the largest fleet in the country. In 2007 Enterprise acquired Vanguard Automotive (owner of National and Alamo). Tayor is retired but as an advisory director, continues to play a part in strategic decisions. Son Andrew is chief executive, and daughter Jo Ann Taylor Kindle runs the company's Enterprise [...] more

83.Ernesto Bertarelli & family

Ernesto Bertarelli & family
Net Worth
$10.6 B As of March 2012
At a Glance
  • Age: 46
  • Source of Wealth: Biotech, investments
  • Residence: Gstaad, Switzerland
  • Country of Citizenship: Switzerland
  • Education: Bachelor of Arts / Science, Babson College; Master of Business Administration, Harvard University
  • Marital Status: Married
  • Children: 3
Forbes Lists
Profile:
Ernesto Bertarelli inherited biotech firm Serono when his father died in 1998; he ran it with his sister for many years, expanding revenue to $2.4 billion by 2006. The company's blockbuster drug was $1.4 billion (annual sales) multiple sclerosis therapy Rebif. Bertarelli sold Serono to Germany's Merck in 2007 and took home $9 billion with his sister and mother. Bertarelli's Team Alinghi, two-time winner of the America's Cup, lost to rival racing billionaire Larry Ellison in February 2010. Bertarelli is still sailing competitively in the Extreme Sailing Series; and earlier this year he launched a new 92-meter yacht, Vava II, worth over $100 million. The family's Kedge Capital is expanding into asset management with Northill Capital and real estate with Crosstree Capital Partners. Meanwhile an investiment in allergy medication provider Stallergenes via Ares Life Sciences is not faring so well: stock price down 26% over past year. Family supports marine conservation in the Indian Ocean and neuroscience research at Harvard. His wife continues to build her music career, signing with Sony / ATV this year. [...] more

82.James Simons

James Simons
Net Worth
$10.7 B As of March 2012
 
At a Glance
  • Age: 74
  • Source of Wealth: Hedge funds, Self-made
  • Residence: East Setauket, NY
  • Country of Citizenship: United States
  • Education: Bachelor of Arts / Science, Massachusetts Institute of Technology; Doctorate, University of California Berkeley
  • Marital Status: Married
  • Children: 3
Forbes Lists
Profile:
The "Quant King" retired from his $20 billion hedge fund firm, Renaissance Technologies, in 2010, but he continues to play a role at the firm and enjoy the proceeds. The firm's funds earned net returns as high as 33% in 2011. The MIT grad started his career as a theoretical mathematician and was a code breaker for the U.S. Department of Defense during the Vietnam War. He later left to take a job heading [...] more

81.Andrey Melnichenko

Andrey Melnichenko
Net Worth
$10.8 B As of March 2012

Andrey Melnichenko  
At a Glance
  • Age: 40
  • Source of Wealth: Coal, fertilizers, Self-made
  • Residence: Moscow, Russia
  • Country of Citizenship: Russia
  • Education: Bachelor of Arts / Science, Plekhanov Russian Academy
  • Marital Status: Married
Forbes Lists
Profile:
Andrey Melnichenko last year increased his stake of SUEK, Russia's largest independent coal producer, to more than 75%. He's ready to take the coal maker, as well as Eurochem, the country's largest mineral-fertilizer producer, public. However, market conditions won't allow Melnichenko to get a proper valuation for his companies. Melnichenko started out with a chain of currency-exchange booths; he founded [...] more

Friday, 8 June 2012

80.Savitri Jindal & family

Savitri Jindal & family
Net Worth
$10.9 B As of March 2012
 
At a Glance
  • Age: 62
  • Source of Wealth: Steel
  • Residence: Hisar, India
  • Country of Citizenship: India
  • Children: 9
Forbes Lists
Profile:
Savitri Jindal's fortune dropped by nearly one-fifth as key companies within family conglomerate stumbled. JSW Steel, run by son Sajjan, was forced to cut production at its unit in Karnataka, a state in southern India where the Supreme Court banned iron ore mining. Jindal Steel & Power, run by youngest son, Naveen, fell as it got into tangle with the environment ministry. Naveen is a big donor to his [...] more