German Larrea Mota Velasco & family Posted: 30 May 2013 11:04 PM PDT German Larrea Mota-Velasco and his family control 51% of Grupo Mexico, the country's largest mining corporation and one of the world's largest copper producers. The company has 13 operating mines as well as 10 under exploration in Mexico, Chile, and Peru. He also owns more than 5,000 kilometers of railroads, which stretch across 71% of Mexico. The media-shy copper king founded Grupo Impresa,  |
Georgina Rinehart 2013 Posted: 30 May 2013 11:03 PM PDT Earning about a billion dollars a year from the iron ore and coal projects she owns in Australia, Rinehart's fortune of $17 billion makes her the richest person in the country and the No. 5 wealthiest woman in the world. In November, Rinehart, the consummate activist billionaire, self-published a book calling for Australian workers to accept wages comparable to $2-a-day African workers,  |
John Mars Posted: 30 May 2013 11:02 PM PDT John Mars and his siblings, Forrest Jr. and Jacqueline, are the third generation to own Mars, Inc. They inherited the company in 1999 when their father died. Mars is the largest candy company in the world, with $33 billion in (estimated) sales, thanks in part to its $23 billion acquisition of gum maker Wrigley's in 2008. The company was started by John's grandfather, Frank Mars, in 1911. His  |
Jacqueline Mars Posted: 30 May 2013 11:01 PM PDT Jacqueline Mars and her two brothers, John and Forrest Jr, are the third generation to own Mars, Inc. The siblings inherited the company in 1999 when their father died. Mars is the largest candy company in the world, with $33 billion in (estimated) sales, thanks in part to its $23 billion acquisition of gum maker Wrigley's in 2008. The company was founded in 1911 by her grandfather, Frank  |
Forrest Mars, Jr. Posted: 30 May 2013 11:00 PM PDT Forrest Mars Jr. and his siblings, John and Jacqueline, own $33 billion (estimated sales) Mars, the world's largest candy maker thanks in part to its $23 billion acquisition of Wrigley's in 2008. The company was founded in 1911 by his grandfather, Frank Mars, who made chocolates in his Tacoma, Washington kitchen. Father Forrest, Sr. joined the company in 1929 and together the two men  |
Iris Fontbona & family Posted: 30 May 2013 10:59 PM PDT Billionaire Andronico Luksic died of cancer in 2005, leaving his business empire in the care of his wife, Iris Fontbona, and his three sons: Jean-Paul, Andronico, and Guillermo Luksic. The Luksic family controls Antofagasta, one of the world's largest copper miners. The clan also holds a majority stake in Quinenco, a consumer packaging and beverage maker with interests in Banco de Chile, as  |
Alisher Usmanov Posted: 30 May 2013 10:58 PM PDT The richest man in Russia, Alisher Usmanov, has his fingers in many pots: he got rich in metals (iron and steel), but now has interests in everything from Silicon Valley start-ups to Russia's second largest cellphone operator, Megafon, to its largest business daily, Kommersant. He sold part of his stake in Facebook at the time of the 2012 IPO, pocketing $1.3 billion. He bought a controlling  |
Jorge Paulo Lemann Posted: 30 May 2013 10:57 PM PDT Jorge Paulo Lemann is Brazil's richest man thanks to his controlling stake in Anheuser-Busch InBev, the world's largest beer company. Together with his longtime partners and fellow billionaires Marcel Herrmann Telles and Carlos Alberto Sicupira, Lemann made headlines in early 2013, when their investment firm, 3G Capital, with offices in New York City and Rio de Janeiro, partnered with Warren  |
Alberto Bailleres Gonzalez & family Posted: 30 May 2013 10:56 PM PDT Alberto Bailleres Gonzalez owns a diversified empire controlled by his holding company, Grupo Bal. He chairs Mexico's second largest mining company, Industrias Penoles, one of the world's largest silver miners, which did not do so well in 2012 because of lagging metals prices. His other investments performed better, driving his fortune up by $1.7 billion. He controls department store chain  |
Theo Albrecht, Jr. & family Posted: 30 May 2013 10:55 PM PDT Theo Albrecht Jr. and the heirs of his brother, Berthold, inherited the German discount supermarket chain Aldi Nord and the U.S. discount grocery retailer, Trader Joe's. The two private chains, which together have more than 5,000 stores in 9 European countries and the U.S., pulled in an estimated $35 billion in revenues in 2011, up 2% from the prior year. Theo's brother Berthold died in  |
George Soros Posted: 30 May 2013 10:54 PM PDT Hedge fund legend George Soros is chairman of Soros Fund Management, the $24 billion firm that manages his personal fortune as well as the money belonging to his foundations, which support causes ranging from human rights to education and public health. He is not involved in day-to-day operations, which are overseen by Scott Bessent, Soros Fund Management's chief investment officer, but  |
Dieter Schwarz Posted: 30 May 2013 10:53 PM PDT Dieter Schwarz inherited discount retailer Lidl, which has $85 billion in revenues and is Germany's second biggest discounter behind Aldi. Schwarz regularly appeared on the Forbes Billionaires List in the 1990s but was taken off the list in 1999 after he demonstrated to Forbes that he had transferred his ownership of Lidl to a charitable foundation. He returns to the Billionaires' List this  |
Thomas & Raymond Kwok & family Posted: 30 May 2013 10:53 PM PDT Property tycoons Thomas and Raymond Kwok who run Sun Hung Kai Properties, a dominant player in Hong Kong's frothy real estate market, are set to appear in its biggest corruption trial later this year. In a scandal that rocked Hong Kong and the region, the duo were charged early last year for making $4 million in payments and loans to former chief secretary Rafael Hui Si-yan, in exchange for  |
Carl Icahn Posted: 30 May 2013 10:52 PM PDT Never one to back down from a fight, Carl Icahn started 2013 by locking horns with short-selling hedge fund trader Bill Ackman over nutritional supplement seller Herbalife. Icahn took a roughly 13% position in the company. In 2012, Icahn had one of the best returns in the investment world, making nearly $2 billion on good bets like CVR Energy and Hain Celestial group. Separately, shares of  |
Prince Alwaleed Bin Talal Alsaud Posted: 30 May 2013 10:51 PM PDT Prince Alwaleed bin Talal bills himself as the "world's foremost value investor." His Kingdom Holding Company, of which he owns 95% and which trades on the Saudi stock exchange, owns stakes in hotel management companies Four Seasons Hotels & Resorts, Movenpick Hotels & Resorts and Fairmont Raffles Holding, as well as hotel real estate such as the swanky Hotel George V in Paris and a stake in  |
David Thomson Posted: 30 May 2013 10:50 PM PDT David Thomson sits atop a media and publishing fortune built over several generations. He chairs the board of media and information firm Thomson Reuters, of which he and his family own 55%, and also chairs Canada's Globe and Mail newspaper. Together, he and his brother Peter, a rally car driver, sit atop Woodbridge, the Thomson family's private holding company, which owns the Thomson Reuters  |
Lee Shau Kee Posted: 30 May 2013 10:49 PM PDT The fortune of Lee Shau Kee, chairman of Henderson Land, got over a $2 billion boost as shares of his real estate developer rose in tandem with red-hot property prices in Hong Kong. Lee expects demand in the property market to continue rising this year, despite attempts by Hong Kong authorities to cool the market with higher property taxes for foreign buyers and mortgage restrictions. He  |
Michele Ferrero & family Posted: 30 May 2013 10:48 PM PDT Michele Ferrero, 86, is the patriarch of Italian chocolate dynasty Ferrero Group. He inherited the company from his father Pietro in the 1950s and turned it into one of the world's largest confectionery makers, whose brands include Ferrero Rocher hazelnut chocolates, Nutella and Tic Tac. It operates more than 70 affiliated companies, has 15 production plants and and employs nearly 22,000  |
Mukesh Ambani Posted: 30 May 2013 10:47 PM PDT Mukesh Ambani's fortune dropped $1 billion though he remains India's richest person and his Reliance Industries remains country's most valuable company. Reliance, along with its partner BP, will be investing $5 billion in KG-D6, the country's largest offshore gas field where output has sharply declined and which has been the subject of scrutiny by a federal auditor. Despite hectic lobbying  |
Sergey Brin Posted: 30 May 2013 10:46 PM PDT Google cofounder Sergey Brin is now director of special projects at the Mountain View, Calif. search giant, leaving his counterpart Larry Page to handle most day-to-day operations. Brin oversees Google's foray into hardware and futuristic endeavors like driverless cars and augmented reality spectacles known as Google Glass. Since debuting Glass in June 2012 at his company's developer  |
Tokyo Prepares for Once-in-200-Year Flood Forecast to Top Sandy Posted: 30 May 2013 10:38 PM PDT Tokyo, the world's most populated metropolis, is building defenses for a once-in-200-year flood that could dwarf the damage superstorm Sandy wrought on the U.S. East Coast. Enlarge image  |
‘Dark Knight’ Producer Legendary Reaches China Accord Posted: 30 May 2013 10:37 PM PDT Legendary Pictures Inc., co-producer of Warner Bros. releases including "The Dark Knight," agreed to make movies with China Film Co., gaining a foothold in the No. 2 film market while weighing its options in Hollywood. Legendary East, with operations in Beijing and Hong Kong, will work with China Film to develop movies for worldwide audiences over an initial  |
Boeing Stretched 787 Gets First Sale in Split With Airbus Posted: 30 May 2013 10:36 PM PDT Boeing Co (BA). won the first order for the stretched version of its 787 Dreamliner as Singapore Airlines Ltd. (SIA), Southeast Asia's biggest carrier, split a purchase of jets with Airbus SAS valued at $17 billion. Enlarge image  |
Jakarta Office Rents Surge as DHL, Toyota Invest: Southeast Asia Posted: 30 May 2013 10:33 PM PDT Office rents in Jakarta are surging at rates faster than the rest of the Asia-Pacific region, as demand from companies in Southeast Asia's biggest economy outpaces the supply of new buildings. Rents for the highest-quality offices in the Indonesian capital jumped 36 percent in the first quarter from a year earlier, driving a 30 percent increase in rents across all buildings, according to broker  |
Goldman Failed Deals Yield Bausch Merger Fee Advising Both Sides Posted: 30 May 2013 10:30 PM PDT Sometimes marriages that never happen are the best kind -- at least for Goldman Sachs Group Inc. (GS) In recent months the New York investment bank failed to put together three potential mergers in the health-care industry. Yet Goldman Sachs managed to pull a deal out of the wreckage -- Valeant Pharmaceuticals International Inc.'s $8.7 billion acquisition of  |