Profiles
Chairman, Sun Hung Kai Properties Edward Kwok is the older son of property mogul Raymond Kwok, chairman of Sun Hung Kai Properties, the largest developer in Hong Kong. He’s served as an alternate company director to his father since 2012, when Raymond and his uncle Thomas became involved in a bribery investigation. Net worth: $1.4 billion. His father was acquitted ... read more
FOUNDER, Daigaku Honyaku Center Yoshiaki Yoshida is the founder of Japanese beauty brand DHC. He started the company in 1972 to provide translation services. In 1980, he started the cosmetics business using organic olives. In 1983 he got into the mail order segment. It also sells nutritional supplements and health foods. The privately held company, which sells both throu... read more
CHAIRMAN, PagSeguro Digital Luiz Frias is chairman of PagSeguro Digital, a payments company that went public on the New York Stock Exchange in 2018, raising over $2 billion. Frias’ late father acquired one of Brazil’s most popular daily newspapers in the 1960s, today known as Folha de S. Paulo. Group Folha became one of Brazil’s largest media conglomera... read more
Cofounder, Wise Kristo K??rmann cofounded cross-border payments startup Transferwise in 2011 and took it public as Wise in July 2021 on the London Stock Exchange. Wise offers low-cost money transfers across 50 different currencies, allowing users to avoid big banking fees for moving money abroad. Net worth: $1.6 billion. K??rmann and cofounder Taavet Hinrikus became Esto... read more
Chairman, Dr Reddy’s Laboratories Satish Reddy is the chairman of listed pharma company Dr Reddy’s Laboratories, in which he has a minority stake. The company was founded by his late father K.Anji Reddy in 1984. Net worth: $1.6 billion. Reddy, brother-in-law G.V.Prasad, who is also a billionaire, is the co-chairman and managing director of the company. Dr. Re... read more
Managing Director, Endurance Technologies The late motorcycle tycoon Rahul Bajaj’s nephew Anurang Jain started Endurance Technologies in 1985 to supply aluminum castings to his uncle’s Bajaj Auto. Jain owns a majority stake in Endurance, which supplies parts for two-wheelers and three-wheelers in India and car parts in Europe. Net worth: $1.6 billion. Enduran... read more
Vice Chairman, Carabao Group Sathien Sathientham, previously known as Sathien Setthasit, is vice chairman of Carabao Group, maker of Thailand’s hugely popular Carabao Dang energy drink. Sathien founded the company in 2002 with his folk singer pal Aed Carabao and took it public in 2014. Net worth: $1.6 billion. Sathien is getting into large scale beer brewing with a... read more
VICE CHAIRMAN, Changsha Jingjia Microelectronics Yu Lili is the vice chair of electronic products maker Changsha Jingjia Microelectronics. Changsha Jingjia Microelectronics went public on the Shenzhen Stock Exchange in 2016. Net worth: $1.5 billion Yu’s husband Zeng Wanhui chairs Jingjia. ... read more
Founder, Agrocom Group Ivan Savvidis, a Greek-Russian businessman, is the founder of Agrocom Group, whose assets included Russian tobacco firm Donskoy Tabak. Savvidis sold Donskoy Tabak for $1.6 billion to Japan Tabacco in March 2018. Net worth: $1.6 billion. Seen as a Putin ally, Savvidis is a former member of the Russian parliament. Through his Greek company Dimera, he... read more
Chairman, Contemporary Amperex Technology Wu Yingming is chairman of the board of supervisors at Contemporary Amperex Technology, a supplier of lithium-ion batteries also known as CATL. Wu holds an undergraduate degree from Northeastern University in China. Net worth: $1.6 billion. CATL is headquartered in the city of Ningde in China’s Fujian Province. ... read more
Vice Chairman, Liby Group Chen Kaixuan is vice chairman of Guangzhou-headquartered Liby Group, a supplier of washing detergents and soap. Chen co-founded Liby in 1994 with his brother Chen Kaixuan, who is also a member of the 2023 Forbes Billionaires List. Net worth: $1.6 billion. Daughter Danxia chairs Cheerwin Group, a Hong Kong-listed consumer and pet products company... read more
CEO, Dallas-based Copart A. Jayson “Jay” Adair is the CEO of Dallas-based Copart, a leader in online auctions for used and totaled cars. He joined the company in 1989 at age 19 as a manager; Copart’s founder, Willis Johnson, is Adair’s father-in-law. Net worth: $1.6 billion. Adair pioneered Copart’s move into online auctions in 1998, and by ... read more
Founder, Atal S.A. Zbigniew Juroszek is the founder of Atal S.A., a real estate developer listed in Warsaw, Poland. Juroszek first founded Atal in 1990 as a supplier to clothing manufacturers, before investing in real estate. Net worth: $1.6 billion. He built his first residential projects in 2003; Atal now develops properties in Katowice, Warsaw, and other major Polish ... read more
Owner, Stena Sphere Stefan Olsson is a part owner of Stena Sphere, a privately held Swedish conglomerate. Interests include cruising, shipping, offshore drilling, property and metal recycling. Net worth: $1.6 billion. Stena was founded in 1939 as a trading company by Stefan’s father, Sten. His brother Dan took over in 1983 and now owns 51% of the company. Stefan an... read more
CHAIRMAN, Weigao Holding Company Chen Xueli is the chairman of Weigao Holding Company, a supplier to the healthcare industry. Chen co-founded his first disposable infusion business in an old warehouse in China in 1988. Net worth: $1.5 billion His main publicly listed business is Shangdong Weigao Group Medical Polymer, which trades at the Hong Kong Stock Exchange. ... read more
Chairman, Chow Tai Seng Jewelry Zhou Zongwen chairs Chow Tai Seng Jewelry, which listed on the Shenzhen Stock Exchange in 2017. Zhou is a graduate of the China University of Geosciences. Net worth: $1.6 billion. Zhou opened the first Chow Tai Seng jewelry store in Beijing in 1999. ... read more
Latsco Marianna Latsis inherited the fortune of her late father, Greek shipping tycoon John S. Latsis (d. 2003) alongside her siblings John and Margarita. The siblings split up the family fortune in 2019, with Marianna taking over shipping firm Latsco and divesting from the banking and real estate arms. Net worth: $1.6 billion. Since then she has made investments in Gree... read more
FOUNDER & CHAIRMAN, Sunac China Holdings Limited Sun Hongbin is the founder and chairman of Sunac China Holdings, one of China’s largest real estate developers. Sunac is headquartered in Tianjin, and its shares trade on the Hong Kong Stock Exchange. Net worth: $1.5 billion Sunac has expanded into the entertainment and hotel business by acquiring assets from Chi... read more
Edizione Barbara Benetton is one of two daughters of Gilberto Benetton, who founded the Benetton Group in 1965 with siblings Carlo, Gilberto and Giuliana. In 2018, with the death of their father, Barbara and her sister Sabrina each inherited part of his fortune; Barbara is not involved in the business. Net worth: $1.5 billion The Benetton family started knitting and sell... read more
Chairman, Third Security, LLC Randal Kirk, a former practicing attorney, is chairman of venture capital and private equity firm Third Security, LLC. In January 2020, he stepped down as CEO of biotech firm Precigen (formerly Intrexon), but was appointed executive chairman. Net worth: $1.6 billion. He achieved his first entrepreneurial success with an injectable drug and v... read more