Related Research Articles
A billionaire is a person with a net worth of at least one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an Internet version of this list in real time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916, and still holds the title of history's second wealthiest individual.
The Forbes 400 or 400 Richest Americans is a list published by Forbes magazine of the wealthiest 400 American citizens who own assets in the U.S., ranked by net worth. The 400 was started by Malcolm Forbes in 1982 and the list is published annually around September. Peter W. Bernstein and Annalyn Swan describe the Forbes 400 as capturing "a period of extraordinary individual and entrepreneurial energy, a time unlike the extended postwar years, from 1945 to 1982, when American society emphasized the power of corporations." Bernstein and Swan also describe it as representing "a powerful argument – and sometimes a dream – about the social value of wealth in contemporary America."
James Carr Walton is an American businessman, currently the heir to the fortune of Walmart, the world's largest retailer. As of March 2022, Walton was the seventeenth-richest person in the world, with a net worth of US$62.5 billion according to Bloomberg Billionaires Index. He is the youngest son of Sam Walton.
Leonard Norman Stern is an American billionaire businessman, and philanthropist.
Lee Kun-hee was a South Korean business magnate who served as the chairman of Samsung Group from 1987 to 2008 and from 2010 to 2020, and is credited with the transformation of Samsung to one of the world's largest business entities that engages in semiconductors, smartphones, electronics, shipbuilding, construction, and other businesses. Since Lee Kun-hee became the chairman of Samsung, the company became the world's largest manufacturer of smartphones, memory chips, and appliances. He was also a member of the International Olympic Committee. He was the third son of Samsung founder Lee Byung-chul. With an estimated net worth of US$21 billion at the time of his death, he was the richest person in South Korea, a position that he had held since 2007.
Dan L Duncan was an American born in Center, Texas. He was the co-founder, chairman and majority shareholder of Enterprise Products.
John Arrillaga was an American billionaire real estate developer and philanthropist who was one of the largest landowners in Silicon Valley. He was also a college basketball player when he attended Stanford University.
Friedrich Karl Flick was a German-Austrian industrialist and billionaire.
Robert Budi Hartono is a Chinese Indonesian tobacco billionaire with a 2018 net worth of US$12.6 billion. He owns and runs the privately held Djarum, the world's third largest maker of clove cigarettes. Djarum has reportedly recently grabbed shares from the number two cigarette firm, Sampoerna. Budi Hartono also has a stake with his brother, Michael Bambang Hartono in one of Indonesia's biggest banks, Bank Central Asia, formerly controlled by billionaire Liem Sioe Liong. In 2020, according to American business magazine, Forbes, Budi Hartono's net worth reportedly reached US$13.6 billion and he was noted as the richest Indonesian and 80th richest person in the world.
Virginia Marion Halas McCaskey is the principal owner of the Chicago Bears of the National Football League (NFL). She is the eldest child of Bears founder and owner George Halas, who left the team to his daughter upon his death in 1983, and Minnie Bushing Halas. After the death of Buffalo Bills owner Ralph Wilson in March 2014, she became the oldest owner in the NFL and in all major league sports in the United States.
The Cargill family, also known as the Cargill-MacMillan family, refers to the multi-generational descendants of the American business executive William Wallace Cargill and his son-in-law John H. MacMillan Sr. The Cargill-MacMillan family is the fourth-wealthiest family in America. Descendants of Cargill and MacMillan have owned common equity in the "agribusiness giant" Cargill Inc, one of the largest privately owned corporations in the United States, for over 140 years. William Cargill founded the Cargill company as an Iowa grain storage business in 1865, during the post–Civil War period, and was its CEO for almost 40 years. Following the death of William Cargill in 1909, his son-in-law John MacMillan steered the company out of a debt crisis and into stability. The two branches of the family—the MacMillans and the Cargills—continue to be represented on the board of directors of Cargill Incorporated. The most recent family members appointed to the board are fifth generation.
The World's Billionaires is an annual ranking by documented net worth of the wealthiest billionaires in the world, compiled and published in March annually by the American business magazine Forbes. The list was first published in March 1987. The total net worth of each individual on the list is estimated and is cited in United States dollars, based on their documented assets and accounting for debt and other factors. Royalty and dictators whose wealth comes from their positions are excluded from these lists. This ranking is an index of the wealthiest documented individuals, excluding any ranking of those with wealth that is not able to be completely ascertained.
Michael Bambang Hartono, also known as Oei Hwie Siong, is a Chinese Indonesian billionaire heir and businessman.
Milane Diane Frantz is a billionaire heir to the Duncan family fortune through Enterprise Products, which remains under family control.
Randa Williams, is an American billionaire heir to the Duncan family fortune. She and her 3 siblings each hold an 8% stake in the family business.
Dannine Avara, is a billionaire heir to the Duncan family, through Enterprise Products, an energy pipeline giant which remains under family control.
Lukas Walton is an American billionaire heir. He is the grandson of Sam Walton, the founder of Walmart.
Geoffrey Kwok is an Hong Kong billionaire, and a director of Empire Group. He is the eldest son of Walter Kwok, who founded the Empire Group. His grandfather Kwok Tak-seng founded Sun Hung Kai Properties, which Walter Kwok and his brothers inherited, Asia's largest real estate developers.
References
- 1 2 "Forbes profile: Scott Duncan". Forbes. Retrieved 21 March 2020.
- ↑ Ackerman, Todd (2006-04-09). "Houston's richest man raises his profile". Houston Chronicle. Retrieved 2019-06-25.
- ↑ Houston Business Journal: "Dan Duncan dies at 77" by Casey Wooten March 29, 2010
- ↑ Houston Business Journal: "Duncan heirs added to Forbes richest 400 list" by Casey Wooten September 22, 2010
- ↑ New York Times: "Legacy for One Billionaire: Death, but No Taxes" By DAVID KOCIENIEWSKI June 8, 2010
- ↑ "Forbes 400 2018". Forbes. Retrieved 2018-10-12.
 | This Texas biographical article is a stub. You can help Wikipedia by expanding it. |