As of December 23, 2024, Low Tuck Kwong has a net worth of US$28.1 billion, making him the wealthiest person in the energy industry. Lyndal Stephens Greth & family follows in second place with $27.6 billion, and Leonid Mikhelson & family ranks third with $27.4 billion.
Richest Billionaires in Energy Industry, 2024
| RANK | NAME | NET WORTH |
|---|---|---|
| 1 | Low Tuck Kwong | $28.1 billion |
| 2 | Lyndal Stephens Greth & family | $27.6 billion |
| 3 | Leonid Mikhelson & family | $27.4 billion |
| 4 | Vagit Alekperov | $26.5 billion |
| 5 | Gennady Timchenko | $23.4 billion |
| 6 | Harold Hamm & family | $18.5 billion |
| 7 | George Kaiser | $16.1 billion |
| 8 | Sarath Ratanavadi | $14.9 billion |
| 9 | Mikhail Fridman | $13.5 billion |
| 10 | Richard Kinder | $10.7 billion |
| 11 | Leonid Fedun | $9.8 billion |
| 12 | Pei Zhenhua | $9.6 billion |
| 13 | Daniel Kretinsky | $9.0 billion |
| 14 | Randa Duncan Williams | $8.9 billion |
| 15 | Dannine Avara | $8.8 billion |
| 16 | Carrie Perrodo & family | $8.8 billion |
| 17 | Milane Frantz | $8.8 billion |
| 18 | German Khan | $8.7 billion |
| 19 | Scott Duncan | $8.6 billion |
| 20 | Terrence Pegula | $7.6 billion |
| 21 | Kelcy Warren | $7.5 billion |
| 22 | Wang Yusuo & family | $7.2 billion |
| 23 | Jeffery Hildebrand | $7.0 billion |
| 24 | Ray Lee Hunt | $6.8 billion |
| 25 | Alexei Kuzmichev | $6.8 billion |
Methodology: The list of the richest people, compiled by CEOWORLD magazine, was created using financial information from various reliable sources such as individuals, families, stock exchanges, private databases, and analysts. Net worth figures are based on both exchange rates and stock prices. The value of private companies was determined using financial ratios and other comparisons with comparable publicly traded companies. In some cases, family fortunes were divided. The editors reserve the right to modify the list in the event of new information.
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