(FORTUNE Magazine) – SULTAN HAJI HASSANAL BOLKIAH MU’IZZADIN WADDAULAH,44 Bandar Seri Begawan BRUNEI $25.0B Oil and gas resources; absolute acreage about the world; adopted investments. The tiny sultanate of Brunei (pop. 227,000) on the northwest coffer of Borneo is one of the world’s oldest absolute monarchies. Bolkiah, Sultan No. 29, has two wives — one the Queen of Brunei, the added a aloft airline aide — with whom he alternates nights. The Sultan may accept been ashamed by columnist belletrist about a $70 actor marijuana operation that authorities afresh baldheaded on his beasts base abreast Katharine, Australia. Eight bodies were arrested.
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KING FAHD BIN ABDUL-AZIZ AL SAUD, 69 and ancestors Riyadh SAUDI ARABIA $18.0B Saudi Arabia’s oil and gas resources. Of the abounding breed of Baron Abdul- Aziz, additionally accepted as Ibn Saud, architect of avant-garde Saudi Arabia, Fahd and his six abounding brothers are admired as amid the best accomplished and best able. This is advantageous for his country because a action looms amid Fahd and Iraqi baton Saddam Hussein, who threatens the arid kingdom.
FORREST E. MARS SR., 86 Las Vegas NEVADA FORREST E. MARS JR., 59 McLean VIRGINIA JOHN F. MARS, 54 Arlington VIRGINIA JACQUELINE MARS VOGEL, 50 Bedminster NEW JERSEY $12.5B 100% of Mars Inc.: M&M/Mars, Uncle Ben’s Rice, Kal-Kan pet food, Mars Electronics. Forrest Sr. ceded nominal ascendancy of Mars Inc. to his sons, John and Forrest Jr., in 1973 and afterwards took up abode over his Las Vegas bonbon factory. Alas, the two boys accept not equaled the sum of one old man, and competitors such as Hershey and Nestle now abuse Mars’s adeptness in the ”chocolate-enrobed” articles amphitheatre — a.k.a. bonbon bars. As always, ancestors and aggregation are attentive about publicity. They allegedly accept nixed advertisements on such TV shows as Nightline and Golden Girls, which they annual allegorical of ”antifamily, antireligious, or alienated behavior.”
QUEEN ELIZABETH II, 64 London ENGLAND $11.7B The Crown Estates: 267,000 acreage in England and Scotland; U.S. and European absolute estate; racehorses; art, stamp, silver, porcelain, and adornment collections; all-inclusive banal portfolio. As continued as the monarch’s claimed affluence charcoal untaxed, Elizabeth II will abide the world’s richest woman. And she’s abandoned accepting richer. Her net annual has added by about $800 actor this year: Analysts appraisal her banal portfolio has risen a august 8% aback aftermost year, and her art accumulating is up some 40% in value.
SAMUEL I. NEWHOUSE JR., 62 DONALD E. NEWHOUSE, 60 and ancestors New York NEW YORK $11.5B 100% of Advance Publications and Newhouse Broadcasting. Si and Don accept been animate Advance, which includes Conde Nast’s Vogue and Vanity Fair forth with 30 newspapers and several radio stations, for 11 years now aback their dad, Sam Newhouse, died. Aboriginal this year, the ancestors assuredly won its tax bender with the IRS over Sam’s estate. The admiral had approved $610 actor in bequest taxes, but Si and Don will accept to angle over a atom of that.
ALBERT REICHMANN, 62 PAUL REICHMANN, 61 RALPH REICHMANN, 58 Toronto CANADA $11.1B 100% of Olympia & York Developments. The Reichmann ancestors is as backstairs as it is wealthy, and with an $11 billion backup egg, up from $8.4 billion aftermost year, they are absolute wealthy. But they lent money to the blighted Robert Campeau, and the defalcation of his Allied-Federated Aliment splashed some blackballed ink on the Reichmanns anyway.
YOSHIAKI TSUTSUMI, 56 Tokyo JAPAN $7.3B 40% of Kokudo Keikaku, which owns 48.5% of land-rich Seibu Railway. Would that Japan’s richest man were additionally its best loved. But Yoshiaki Tsutsumi isn’t acceptable any acceptance contests. Afterwards about a year as arch of Japan’s Olympic Committee, he resigned, criticized for mishaps at the Asian Winter Amateur and for his efforts to allurement the 1998 Winter Olympics to a atom abreast one of his resorts.
SAM MOORE WALTON, 72 and ancestors Bentonville ARKANSAS $7.3B 38.5% of Wal-Mart Aliment Inc. Some 1,438 Wal-Marts dot the South and Midwest ) like freckles on a Norman Rockwell urchin. As absolutely affectionate as any of that painter’s subjects, Wal-Mart accomplished the Buy American diplomacy in 1985 to advice accumulate the country competitive. With balance of $1.1 billion on sales over $25 billion, the broker is absolutely accomplishing its part. No admiration it consistently ranks as the best admired broker in the U.S.
JOHN WERNER KLUGE, 75 Charlottesville VIRGINIA $7.0B 97.4% of Metromedia Inc.; absolute estate; stockholdings; cash, lots of it. Starting with a baby radio affair that he took over in 1959, Kluge congenital a cornucopian media aggregation whose backdrop included cellular telephones and the Harlem Globetrotters. He awash it in 1984 and started all over afresh with a ”new” Metromedia that has a duke in aggregate from steakhouses to automatic advance painting. The German-born billionaire is starting over in his claimed activity too, accepting concluded his nine-year alliance to Patricia Rose, a Junoesque armful who already took it all off for a British bark magazine. Now she takes appellation to their 45-room Charlottesville abode additional 9.9 acres.
TSAI WAN-LIN, 65 TSAI WAN-TSAI, 61 and ancestors Taipei TAIWAN $6.5B 65% of Cathay Activity Insurance; 60% of Cathay Construction. A coast Taiwan banal bazaar has abrupt about a third off the Tsais’ affluence aback aftermost year. But they’ll never accept to go aback to the bake-apple and vegetable angle that launched their careers as billionaires. Later, they angled out into soy booze and eventually into a advanced ambit of cyberbanking and automated concerns. Today, Cathay is the bigger abreast endemic architecture accouterments in Taiwan.
KENNETH ROY THOMSON, 67 and ancestors Toronto CANADA $6.2B 69.2% of Thomson Corp.; 78.5% of Hudson’s Bay Co.; 12.4% of Consolidated Talcorp; art; absolute estate. Thomson, the Appropriate Honorable Lord of Agile — as in Agile Street — controls about 600 circadian and annual newspapers throughout North America and Britain. They adeptness aloof as able-bodied use their presses to book money: The aggregation earns an estimated $1.5 actor anniversary day. The frugal Thomson spends absolute little of those millions on such fripperies as clothing, continuing to abrasion a asperous gray overcoat and backpack a artificial arcade bag as a briefcase. He and his wife, Marilyn, accept three children.
KICHINOSUKE SASAKI, 58 Tokyo JAPAN $5.7B 100% of Togensha, a absolute acreage firm. Sasaki professes, ”The best way to biking is to go on the activation of the moment, benumbed about like some vagabond.” Indeed, the absolute acreage mogul’s career has been peripatetic. Sasaki started out in law school, switched to medicine, and eventually went into bartering absolute acreage in Tokyo afterwards aperture a brace of clinics. He lives abundantly on the assumption that ”You can’t accept as abounding as you appetite because it’s not acceptable for you.”
GERALD GROSVENOR, 38 and ancestors London ENGLAND $5.4B Absolute acreage backing including 300 acreage in London’s absolute Mayfair and Belgravia districts, 100,000 acreage of Scottish woodlands, 12,000 acreage in Vancouver, British Columbia, a 10,000-acre Australian sheep station, bartering backdrop in Britain, Hawaii, and California, and backing in Northern Ireland. Grosvenor, the sixth Duke of Westminster, is Britain’s wealthiest man and second-largest backer afterwards the Queen. Although Grosvenor’s properties, which he affiliated and added through acute business dealings, access him an estimated $5,100 an hour, a afterlight in British tax law allows him to pay his taxes at the aforementioned bulk as his charwoman and chauffeur. His wife, Natalia, is godmother to Prince William.
SHEIKH JABER AHMED AL SABAH, 64 and ancestors KUWAIT $4.8B Cash; all-inclusive adopted investments. Like his fortune, the Sheikh himself is animate alfresco his country, beatific into banishment by the Iraqi aggression of Kuwait. As of this writing, he is administering attrition adjoin the aggressors from an alien breadth in the Saudi desert. The Sheikh is tough: Aback terrorists hijacked a Kuwaiti aeroplane and kept it earnest for two weeks, Jaber banned to accord in to them. His brother Fahd was dead by the Iraqis.
CHARLES KOCH, 54 Witchita KANSAS DAVID KOCH, 50 New York NEW YORK $4.7B 80% of Koch Industries. Charles took over Rock Island Oil & Refining in 1967 afterwards his dad, Fred C. Koch, died, renaming it Koch Industries and architecture the $250 actor aggregation into an $18 billion behemoth. Now instead of aggregation revenues, Koch and his brother David are architecture a case in court. Their brothers, William and Frederick (see below), are still suing over a 1983 adjustment in which they were bought out of the aggregation for a arise $620 actor — a bulk William now alleges was unfairly low. Koch ancestors and aggregation admiral own the absolute 20%.
ANNE COX CHAMBERS, 70 Atlanta GEORGIA BARBARA COX ANTHONY, 67 ^ Honolulu HAWAII $4.5B 98% of Cox Enterprises. America’s wealthiest women, the Cox sisters are daughters of three-time Ohio Governor James Cox Sr., who founded the media aggregation and afterwards ran for Admiral of the United States. Afterwards a tussle, the two sisters won seats on the Cox lath of directors, eventually diplomacy out the absolute ancestors associates in 1985 for about $2 billion. Barbara’s son, James Cox Kennedy, is administrator of Cox Enterprises. The two sisters accept bristles kids amid them.
PERRY BASS, 76 SID RICHARDSON BASS, 47 EDWARD PERRY BASS, 45 ROBERT MUSE BASS, 42 LEE MARSHALL BASS, 33 Fort Annual TEXAS $4.5B Oil, absolute estate, investments in Walt Disney Co., Universal Bloom Services, and more. The Bass ancestors affluence began with wildcatter Sid Williams Richardson, who larboard money to his nephew Perry Bass and Perry’s four sons. The Basses agilely parlayed their millions into billions acknowledgment to Sid and Robert’s talents as dealmakers. This year hasn’t been the smoothest: The Bass- run Airlie Group, with interests in such firms as insurer Aboriginal Executive, absent money, and Bob’s bootless arrest on the St. Petersburg Times has resulted in lawsuits and the family’s bigger dosage of bad publicity aback Sid ran off with Mercedes Kellogg.
JAY PRITZKER, 68 ROBERT PRITZKER, 64 and ancestors Chicago ILLINOIS $4.5B 100% of Hyatt Corp., hotels and resorts; 100% of Marmon Group. Aftermost year Hyatt took in an estimated $3.2 billion operating 159 hotels — some 69,000 apartment — from Morocco to Minneapolis. Rumor has it that the Pritzkers are negotiating to body a adaptation of Radio Burghal Music Hall in Tokyo, now that the Japanese own the one in New York. Jay is affiliated with four children, and Robert is affiliated with bristles accouchement (three of them by a antecedent spouse).
QUEEN BEATRIX, 51 The Hague NETHERLANDS $4.4B Securities, including banal in Aristocratic Dutch/Shell; jewels; absolute estate. The well-liked, discreet absolute has a law bulk and controls a affluence acquired from ten Dutch guilders breach up amid the dozen brood of William of Orange afterwards his annihilation in 1585. The Dutch aristocratic ancestors has consistently had the accepted touch, but it’s been advancing to get too common. Holland lodged a beef with the Italian government over a perceived aegis accident from the accessible coffer abreast the aristocratic family’s beach cottage on the Mediterranean.
THOMAS SCHMIDHEINY, 45 Zurich SWITZERLAND STEPHAN SCHMIDHEINY, 43 Hurden SWITZERLAND ALEXANDER SCHMIDHEINY, 39 Calistoga CALIFORNIA $4.2B Nueva Holdings, architecture supplies; Unotech, high-tech investing; SMH, watch manufacture; BBC/ABB and Landis & Gyr, electronics firms; Anova Holdings, packaging and absolute estate. At the age of 25, Stephan took over his father’s architecture abstracts business, Eternit, which he bald of its asbestos manufacture, replacing the band with adhesive cilia and other, safer architecture products. Thomas-run Holderbank mixes out 43.5 actor bags of adhesive annually, allowance coalesce its 35%-or-so allotment of the North American and European markets. Alexander runs a acreage whose wines accept won prizes. On occasion, the brothers accept been accepted to bandy pieces of their businesses.
GIOVANNI AGNELLI, 69 and ancestors Turin ITALY $4.0B 39.4% of Fiat Group; absolute estate; art. Car-racing Tom Cruise may accept been voted Sexiest Man Alive, but car-making Gianni Agnelli was voted the Best Desirable Man in Italy while additionally annex his country’s bigger clandestine automated conglomerate. Eat your affection out, Robert Stempel. And Fiat is accepting its own canicule of thunder: Aftermost year sales hit a aerial of $42 billion. Agnelli has two children.
SHEIKH RASHID BIN SAID AL MAKTOUM, 80 and ancestors Dubai UNITED ARAB EMIRATES $4.0B Oil; all-inclusive adopted investments. What is Dubai’s is Al Maktoum’s. L’etat c’est best absolutely lui. Dubai’s affluence is not absolutely petroleum based. The tiny U.A.E. accompaniment is additionally a aloft reexport centermost breadth merchants access cyberbanking appurtenances cheaply from the Japanese, afresh resell to Africa, Southeast Asia, and Europe. In addition, the nation imports some 25% of all anew mined gold, afterwards smuggling abounding of it into India for use as dowries. Maktoum-bred racehorses and band consistently aggregate prizes in France, Britain, and at home.
JOHANNA QUANDT, 68 and ancestors Wiesbaden WEST GERMANY $4.0B 67% of BMW; securities. Rumors abide that the added of Herbert Quandt intends to advertise the pale in BMW that her bedmate acquired aback sales were low and shares were lower. But as one German bi-weekly put it, breadth abroad could she put her money that would be better? Aftermost year BMW sales were up 8.4%, to $14.8 billion. And while Toyota and accompany fabricated Quandt diaphoresis her allotment of the % U.S. affluence car bazaar with new high-end models, alike the Japanese are applique about in BMWs. Johanna’s two children, Susanne, 27, and Stefan, 23, are actuality readied for the driver’s seat.
EUGENE PAUL (J. PAUL JR.) GETTY, 58 London ENGLAND GORDON PETER GETTY, 56 San Francisco CALIFORNIA $3.8B Trusts; inheritance; investments. Gordon, fourth son of the awfully brutal J. Paul Getty, is a crammer — not about business but about music. His compositions accumulate acceptable reviews alike if his lieder singing doesn’t. Gordon hasn’t been absolute animate in business aback he awash the family’s 40% pale in Getty Oil to Texaco for $4 billion in 1984, and triggered lawsuits from relatives, as able-bodied as the now acclaimed Texaco-Pennzoil imbroglio. His London-based brother, J. Paul Jr., is so acceptable with his affluence he was accepted honorary courage in 1986 (though he charcoal an American aborigine for tax purposes). His affluence reportedly earns absorption at a bulk of $5 per second.
MARY IDEMA PEW, 68 ROBERT PEW, 66 ROBERT PEW JR., 39 KATE PEW WOLTERS, 33 Grand Rapids MICHIGAN $3.8 Authoritative absorption in Steelcase Inc.; absolute estate. Closely captivated by associates of the company’s founding clans — Pew, Wege, and Hunting — Steelcase, the adjustment appliance manufacturer, would, if it were public, rank 212th on the Affluence 500 with sales of about $2 billion. Acclaimed for acquainted administering and accomplished manufacture, the aggregation dates aback to 1912 aback Henry Idema, a arresting bounded banker, was attractive for a way to set up his son Walter in business. With the advice of adjustment enthusiast Peter M. Wege, Steelcase was born.
WARREN EDWARD BUFFETT, 60 Omaha NEBRASKA $3.8B 44.7% of Berkshire Hathaway. A acceptance in abiding ”value investing” has helped Warren Buffett accession Berkshire Hathaway’s banal from $12 a allotment in 1965 to contempo quotes able-bodied aloft the $7,000 mark. In the Berkshire portfolio: 17.3% of Basic Cities/ABC, 6.9% of Coca-Cola, and 12% of USAir’s voting banal amid added holdings. But the astrologer of Omaha, who peppers his anniversary belletrist with quotes from Goethe and allusions to Mae West, lives abundantly and expects that his three accouchement will too. Aloof to accomplish sure, he’s abrogation his money to organizations that absolute citizenry advance and advance nuclear disarmament.
EDGAR M. BRONFMAN, 61 New York NEW YORK CHARLES R. BRONFMAN, 59 and ancestors Montreal CANADA $3.5B 40% of Seagram Co.; 50% of Huang & Danczkay Properties, a bartering absolute acreage developer; fractional pale in the Montreal Expos able baseball team. The cher Chivas Regal and Crown Aristocratic whiskeys forth with the acclaimed Martell cognacs all arise from the world’s bigger distiller, Seagram Co. Founded by Samuel Bronfman during Prohibition, Seagram derives a acceptable block of its revenues today from its 23.5% pale in Du Pont. In July 1989 34-year-old Edgar Jr. was appointed admiral and arch operating officer. Aftermost year Charles, who runs the Canadian annex of the family, gave $1.5 actor to Israel’s Labor Party, authoritative him that country’s distinct bigger political contributor.
FREDERIK H. FENTENER VAN VLISSINGEN, 51 and ancestors Hilversum NETHERLANDS $3.5B Authoritative absorption in Steenkolen Handels Vereniging (SHV), activity and retail operations; Noro Group, balance and bartering absolute estate; Flint Holdings, investments. Steenkolen has shrewdly traded activity backdrop in the accomplished few years. Admitting abandoned partly Van Vlissingen-owned, the cyberbanking affair is estimated to be annual some $3.8 billion. Frederik’s brother Paul is arch authoritative of SHV.
COSTAS MICHAEL LEMOS, 79 Lausanne SWITZERLAND $3.5B Shipping; absolute estate; cash; investments. His ancestors basic him to become a lawyer, but adolescent Costas Michael was fatigued to the sea instead. Still in his 20s, Lemos not abandoned acclimatized a captain’s license, but began accepting freighters as well. Lemos’s pale in aircraft is abandoned some 10% of his absolute affluence today, however. His son, Michael Costas, runs best of the operations but his daughters Chrysanthi and Irini are anticipation to abetment in some capacity.
GAD RAUSING, 68 London ENGLAND HANS RAUSING,64 Sussex ENGLAND $3.5B 100% of TetraPak, one of the world’s bigger food-packaging groups. Ruben Rausing, allow of Hans and Gad, invented a tetrahedron-shaped alembic that did abroad with the allegation to air-condition decaying liquids. That was 35 years ago. Today there are two basic TetraPak artefact lines: The ”Tetra Brik” for abstract and milk and the ”Tetra Rex” for added pasteurized dairy products. Swedish by birth, the Rausings did abroad with the allegation to pay confiscatory taxes by relocating to Britain.
A. ALFRED TAUBMAN, 66 Bloomfield Hills MICHIGAN $3.5B 68% of Sotheby’s Holdings; John Wanamaker administering stores; A & W Restaurants; absolute estate; art. Taubman, who got his alpha architecture gas stations in Detroit afterwards the war, confused into accomplished art and began business pictures with ample panache. His alms is appropriately showy: In the accomplished 12 months, he has acclimatized $15 actor to the beggared Harvard University, and has offered to advice with Hurricane Hugo’s cleanup costs.
RONALD OWEN PERELMAN, 47 New York NEW YORK $3.4B 100% of MacAndrews & Forbes Holdings. Like the women who buy his Revlon cosmetics, Perelman wants to put a acceptable face on his career and accomplish himself over from 1980s accumulated brigand to 1990s industrialist. He’s been acknowledged so far, but his plan to advertise off pieces of Coleman, the admirable camping accessories maker, appropriate afterwards he bought it, has aloft a few unplucked eyebrows. He’s affiliated to TV annual anchorman Claudia Cohen.
WILLIAM GATES III, 34 Seattle WASHINGTON $3.2B 35.9% of Microsoft computer software. The aggregation Bill Gates and prep-school accessory Paul Allen (see below) started in 1975 has fabricated billionaires of them both. Microsoft’s new Windows 3.0 software threatens to booty a huge chaw out of Apple Computer’s long-cherished adeptness in convenient programs. Gates’s net annual has tripled aback Fortune’s annual of the billionaires was aftermost published, abundantly on the backbone of Microsoft stock.
KENNETH COLIN IRVING, 91 Hamilton BERMUDA JAMES KENNETH IRVING, 61 New Brunswick CANADA ARTHUR LEIGH IRVING, 59 New Brunswick CANADA JOHN E. IRVING, 56 New Brunswick CANADA $3.2B 3.4 actor acreage of timberland; Irving Oil; newspapers; TV stations; accouterments and accessibility affluence chains; shipbuilding; bartering absolute estate. Kenneth Colin Irving, New Brunswick’s wealthiest individual, got started at age 12 by abandoned annihilation a army of ducks and diplomacy them at a profit. Displaying a agnate hands-on attitude in afterwards years, he reportedly challenged 40 arresting workers at his oil refinery to a anchor action (none stepped forward). Already he announced: ”Business and backroom don’t mix in New Brunswick. This arena is too baby for politics.” No one acknowledged him. He has three sons.
ESTEE LAUDER, 82 and ancestors New York NEW YORK $3.1B 100% of Estee Lauder Inc. From allowance her uncle accomplish and advertise facial chrism as * a girl, Lauder, built-in Josephine Esther Mentzer to Jewish immigrants from Eastern Europe, now queens it over an authority that aftermost year awash some $1.6 billion common in toiletries and cosmetics. Her own best advertisement in artist gowns, analogous hats, and accurate makeup, Lauder leaves the animate of her business to her beforehand son, Leonard, who is CEO. His adolescent brother, Ronald, the aloft abettor to Austria, runs his own advance outfit.
GARFIELD WESTON, 63 London ENGLAND W. GALEN WESTON, 49 Toronto CANADA $3.1B 58% of George Weston Ltd.; 63% of Associated British Foods; Holt-Renfrew stores. The Weston affluence comes from groceries. Galen runs the Loblaw alternation with aliment throughout North America, while brother Garry’s ABF supermarkets are based in Britain. Galen sells a accepted band of environmentally affable products, and Garry shops at his own aliment breadth he reportedly takes advantage of the specials.
RAUL GARDINI, 57 IDINA FERRUZZI GARDINI,54 and ancestors Ravenna ITALY $3.0B Ferruzzi Finanziaria: 66.8% of Ferruzzi Agricola, agribusiness, energy, newspapers, chemicals, and 33% of Montedison. Acute abounding to ally the boss’s daughter, and able abounding to booty ascendancy of the business aback his father- in-law died in 1979, the strong-willed, chain-smoking Gardini is still accepted as ”the Peasant” for his rural roots. But this son of the clay entertains VIP accompany at his Renaissance alcazar on Venice’s Grand Canal and contest yachts.
KONRAD HENKEL, 74 and ancestors Dusseldorf WEST GERMANY $3.0B 49% of Henkel Konzern: detergents, aseptic products, chemicals, and epoxies. Konrad Henkel charcoal in allegation of the actinic affair his grandfathering started, admitting he is continued accomplished retirement age — that’s why it pays to ascendancy the business. But Konrad believes no ancestors affiliate has a affirmation to an authoritative position. On a claimed level, association Henkel grows anytime below visible. Konrad’s wife, the affable Gabriele, acclaimed in the columnist for her acclaimed parties, now avoids publicity.
HENRY LEA HILLMAN, 71 Pittsburgh PENNSYLVANIA $3.0B Hillman Co.: adventure capital, absolute estate, securities, and automated companies. His company’s breezy assumption is that the abounding bang gets harpooned, and the billionaire son of Pittsburgh atramentous and gas administrator J. H. ”Hart” Hillman is not addicted of publicity or of listings such as this. Henry Lea’s business accuracy — and banknote — helped address two of the country’s best acclaimed advance groups: Kohlberg Kravis Roberts and Kleiner Perkins Caulfield & Byers. His wife, Elsie, a abutting acquaintance of Admiral Bush, is an animate Republican.
CARGILL MACMILLAN JR., 63 WHITNEY MACMILLAN, 60 Minneapolis MINNESOTA $3.0B 40% of Cargill Inc. The MacMillans, forth with their cousins the Cargills, administer over America’s bigger abreast captivated aggregation and its bigger atom exporter, with 1989 sales afore $40 billion. Acute administering and bounded atom shortages accept fabricated the aggregation formidable. Whitney is administrator and CEO while brother Cargill sits on the board. The aggregation is headquartered in a 63-room replica of a French alcazar (sans stables) abreast Lake Minnetonka.
H. ROSS PEROT, 60 Dallas TEXAS $3.0B Perot Systems Corp.; cash; investments, including 16% of Next Inc.; absolute estate. Perot claims he puts best of his banknote in CDs, and there’s abounding to accumulate a good-size S&L afloat: about $1.68 billion from the buyout of his Cyberbanking Abstracts Systems by Accepted Motors in 1984, and gain from the oil and gas backing he asleep aftermost year. Perot Systems is prospering, admitting with a acceptability for hardball applicant solicitation. H. Ross Jr., 31, is auspiciously developing Alliance Airport, abreast Fort Worth, Texas.
PAUL SACHER, 84 and ancestors Frenkendorf SWITZERLAND $3.0B 60% of Hoffman-LaRoche. In 1933, Paul Sacher affiliated Maja Hoffman, then-recent added of Hoffman-LaRoche beneficiary Emanuel Hoffman. Sacher paid his dues, though, animate adamantine animate the Swiss biologic giant. Little is accepted about Sacher’s role in the aggregation now, but it is accounted that he meets annual with CEO Fritz Gerber. Maja died aftermost year at the accomplished age of 93.
KARL ERIVAN HAUB, 58 and ancestors Mulheim WEST GERMANY $2.9B 100% of Tengelmann AG, Germany’s bigger bazaar chain; 53% of Abundant Atlantic & Pacific Tea Co. (A&P supermarkets). Sounding like Kaiser Lear, Karl Haub has declared that he will abalienate ascendancy of his all-inclusive grocery authority to his three sons, Karl, George, and Christian, in 2007. Meanwhile, Tengelmann continues to abound with 3,340 aliment and $21 billion in revenues. The environmentally acquainted Haub has been attractive east (with Skala), and west (with Gateway), to angle his retail muscles. As for West Germany, abounding of the country’s abounding ”competing” grocery chains are still endemic by one man: Karl Erivan Haub.
LORD ALAN SAINSBURY OF DRURY LANE, 88 SIR ROBERT SAINSBURY, 84 LORD JOHN SAINSBURY OF PRESTON CANDOVER, 62 DAVID SAINSBURY, 49 London ENGLAND $2.9B 39% of Sainsbury’s: supermarkets in Abundant Britain, hypermarkets, home and garden stores. The ancestors appellation commemorates the breadth of the aboriginal Sainsbury dairy shop, which opened in 1869 at 173 Drury Lane. They eventually landed on American shores with 66 Shaw’s locations throughout New England. Alan and Robert, brothers, are collective presidents of the $12.3-billion-in- revenues company. David, who is Robert’s son and the abandoned one of the four afterwards a title, is the richest of the Sainsbury association with 22% of the company’s stock. John, who is affiliated to aloft ballerina Anya Linden, is administrator of the Aristocratic Opera.
SIR JOHN MOORES, 94 and ancestors Formby ENGLAND $2.8B 100% of Littlewoods Organisation: mail order, archive shops, cyberbanking services, retail stores, and Littlewood Football Pools. This accomplished year the Mooreses accept been a ancestors at war. Sir John’s adolescent son, Peter, who controls 22% of the aggregation stock, has his eye on the chairmanship. But his aftermost appellation as chairman, from 1977 to 1980, coincided with a 77% abatement in profits. John Jr. and his ancestors own 37% of the oufit, but he has no absorption in animate the shop. He’s into agriculture and beasts breeding. Meanwhile the aggregation has appointed Leonard Van Geest as a nonexecutive babysitter chairman.
CARLO DE BENEDETTI, 56 Turin ITALY $2.7B 45% of Cofide: 41% of Olivetti, Europe’s arch computer producer. Added than bisected of Cofide’s $14 billion in sales aftermost year came from Olivetti. But the cyberbanking wizard, who already briefly ran Fiat and whom the Italians alarm ”the engineer” to analyze him from Agnelli ”the lawyer,” has additionally been waging and acceptable (though at abundant cost) a war for Italy’s bigger publisher, Mondadori. He is advancing media magnate Silvio Berlusconi, and the acute money backs De Benedetti for the continued haul.
FRIEDRICH KARL FLICK, 63 Munich WEST GERMANY $2.7B Gain from the auction of 10% of Daimler-Benz, 97% of Bucerus Steel, 28% of W.R. Grace, additional stakes in Feldmuhle Cardboard and Dynamit-Nobel. The cagey, bad-humored Flick hasn’t said what he diplomacy to do with the banknote from diplomacy hunks * of assorted companies to Deutsche Bank. In the meantime, Flick gets affliction from audacious nephews Mick and Muck over diplomacy of bequest and from his longtime companion, Ingrid Ragger, who arise this year that she and Friedrich were to wed. This came as annual to the groom. So it still looks as if his two daughters from his aboriginal alliance will eventually get the loot.
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LI KA-SHING, 62 HONG KONG $2.7B About 40% of Cheung Kong Holdings, which holds 40.3% of Hutchison Whampoa; bartering and residential acreage in Hong Kong, Canada, and the U.S. Hong Kong’s wealthiest man became the first-ever Chinese taipan with his 1979 accretion of Hutchison Whampoa, a acclaimed hong or trading house. Li’s son Richard alternate to Hong Kong aftermost winter from Canada, breadth he had apprenticed himself to Gordon Basic Corp., an advance abode in Toronto. Aback Gordon bought Columbia Savings & Loan Association’s all-inclusive clutter band portfolio recently, Li put up bisected the money.
KENKICHI NAKAJIMA, 69 Kiryu JAPAN $2.7B 21.1% of Heiwa, the world’s bigger maker of pachinko machines; absolute estate. Kenkichi Nakajima has spent the accomplished 40 years popularizing pachinko — an cocked adaptation of pinball. He started the affair afterwards Apple War II, absent to body article that would advance leisure and accord amid men. In fact, heiwa agency peace. The Korean-born billionaire loves golf, and claims the putting and animate adeptness of a 30-year-old.
SILVIO BERLUSCONI, 54 Milan ITALY $2.6B 100% of Fininvest: TV networks; 70.2% of Standa administering stores. Berlusconi and billionaire computer magnate Carlo De Benedetti accept been slugging it out like bad guys in a spaghetti Western for ascendancy of Italian publishing behemothic Mondadori. Aboriginal assets for Berlusconi prompted political leaders to cast him a accessible blackmail to abandon of expression, so assorted and able are Fininvest’s media concerns. They advice accumulate the lavish-living Berlusconi able-bodied accepted in the ranks of Italy’s flush and influential, however. Three of his bristles kids are the artefact of a communication with Veronica Lario, a aloft actress.
AUGUST VON FINCK, 60 and ancestors Munich WEST GERMANY $2.6B Munich absolute estate; Merck Finck Bank; Lowenbrau breweries. August is abundantly in ascendancy of Finck-related business transactions. His adolescent brother, Helmut, already a addict of Indian airy baton Bhagwan Shree Rajneesh, has assuredly fabricated his accommodation for Mammon. He has been animate diplomacy big-ticket racehorses in adjustment to body a abiding that he hopes will become Germany’s finest.
KARL HEINZ KIPP, 66 Arosa SWITZERLAND $2.6B Gain from the auction of Massa array stores; resort and bartering absolute estate. This is one billionaire who knows how to spend. Accepting acclimatized $700 actor in banknote from diplomacy his Massa stores, additional about $60 actor a year until 2020 for the admired absolute acreage below anniversary shop, Kipp can allow his affection for accession such best hotels as the Carlton in St. Moritz and the Eden Roc in Ascona. Indeed, aback the Eden Roc about fell to speculators, cash-fat Kipp angled his action because he so admired the posh, beautiful hotel.
OTTO BEISHEIM, 68 Baar SWITZERLAND $2.5B Metro All-embracing AG: 200 administering aliment throughout Europe; 60% of Pelikan adjustment accessories manufacturers. A backward bloomer as a billionaire, Metro architect Otto Beisheim didn’t get started until he was 40, and in 25 years congenital a bartering accouterments with $22 billion in sales. Now he is accounted to be attractive to bead Axel Springer, Germany’s bigger publisher, into his arcade cart. Otto and his wife, German-born and childless, are Swiss citizens.
Y. Z. HSU, 79 and ancestors Taipei TAIWAN $2.5B Far Eastern Bolt Group. Hsu fled acreage China aback it succumbed to Communist aphorism in 1949, abrogation abaft a bolt annex in Shanghai. Already in Taiwan, he started a adhesive aggregation and confused on to rayon, administering stores, and more. His son Douglas has an MBA from Columbia University and helps Pop alarm the shots.
Y. C. WANG, 74 Y. T. WANG, 68 and ancestors Taipei TAIWAN $2.5B Formosa Plastics Group. Wang started out in the barge business but confused into actinic resins in the 1950s at the behest of American bread-and-butter admiral aback no added Taiwanese would access the field. This year he ventured into alien breadth afresh aback he accomplished talks with the acreage Chinese about aperture a $5 billion petrochemical bulb in Fujian. The Taiwanese government was not pleased, though, and the activity is on hold.
LIEM SIOE LIONG, 74 and ancestors Jakarta INDONESIA $2.4B Abounding and fractional diplomacy of 500 companies, including Indocement, Indosteel, Coffer Central Asia Group, and Bogasari Abrade Mills. Aback defection broke out in the Dutch East Indies in 1945, Liem, an immigrant from South China, began carrying medical aliment and ammunition to the rebels. In accomplishing so, he acquired the accord of a adolescent administrator alleged Suharto who eventually became Admiral of the absolved land. Suharto accepted Liem monopolies on the advantageous clove, flour, and adhesive trades, and afresh Liem alternate the favor, giving shares of his companies to Suharto ancestors members.
EDMUND VESTEY, 58 SAMUEL, LORD VESTEY, 49 and ancestors Gloucestershire ENGLAND $2.4B Western United Advance Co.: Weddel Crown meat importers, JH Dewhurst meat retailers, Hong Kong Refrigerating Co. With advice from his brother, Samuel, Edmund runs a massive and backstairs meat authority that is Britain’s biggest. A beef ban consistent from belletrist of afflicted beasts will cavity the compact profits of antecedent years. But the accommodating Lord Samuel is acceptable to abide lending ponies to able adolescent polo players not able to allow their own. Edmund, collective adept of the Puckeridge and Thurlow hounds, passes the time on his 100,000-acre Scottish estate.
JOSE EMIRIO DE MORAES FILHO, 63 ANTONIO EMIRIO DE MORAES, 62 MARIA HELENA DE MORAES, 59 EMIRIO PEREIRA DE MORAES, 58 Sao Paulo BRAZIL $2.3B 100% of Industrias Votorantim, Brazil’s bigger abreast captivated automated conglomerate. Chronic aerial aggrandizement and awful authority abide to accomplish Brazil a boxy proving arena for free-marketers like the De Moraeses. Nonetheless, Votorantim, allowable abundantly by Antonio Emirio and Jose Emirio, grandsons of the founder, had revenues of $2.3 billion in 1989 and afresh arise a two-year, $1.5 billion amplification strategy.
SUMNER REDSTONE, 67 Newton Centermost MASSACHUSETTS $2.3B 100% of Civic Amusements Inc., which owns 84% of Viacom and 650 cine screens in the U.S. and Britain. During Apple War II, Redstone was allotment of the aristocratic accumulation that broke Japan’s advancing and adept codes. But accepting the administering rights to The Cosby Show and Roseanne helped him able the harder addle of acrimonious media winners for a arbitrary American public.
HIROSHI YAMAUCHI, 62 Kyoto JAPAN $2.3B 11.4% of Nintendo. At the age of 21, Yamauchi abdicate academy to booty over the ancestors card-game business. Amorphous in 1899 by his great-grandfather, the calm aggregation bare a attempt of 20th-century innovation. Yamauchi got into cyberbanking amateur and today Nintendo is an attraction with adolescent and old. Aloft by his grandmother, he enjoys the quiet activity with his wife and four children.
EDWARD J. DEBARTOLO, 81 and ancestors Youngstown OHIO $2.2B The Edward J. DeBartolo Corp.: bartering absolute acreage and able sports teams. DeBartolo started in the absolute acreage business at age 13 advancing estimates for his stepfather, an Italian-born architect who was clumsy to apprehend English. Today his oufit owns, both absolute and jointly, abutting to 100 arcade malls, a annual of association arcade centers, the four-time Super Bowl best San Francisco 49ers, and the Pittsburgh Penguins hockey team. A adherent workaholic, DeBartolo Sr. has been accepted to end memos with ”I appetite your acknowledgment today.”
JOHN T. DORRANCE III, 46 Devils Tower WYOMING BENNETT DORRANCE, 44 Paradise Valley ARIZONA MARY ALICE DORRANCE MALONE, 42 Coatesville PENNSYLVANIA $2.2B 31.5% of Campbell Soup Co. Afterwards adolescent chemist J. T. Dorrance invented a different abbreviating action in the backward 19th century, the consistent soup banal he peddled in ten-ounce cans fabricated him rich. Two ancestors later, his brood are still accepting flush off soup banal — but this time it’s the affectionate traded on the Big Board. The three Dorrance grandchildren access some $13 actor apiece anniversary year on their Campbell Soup shares. Serious civilian argument threatened to accompany about the auction of Campbell to Quaker Oats aftermost year, but for now the Dorrances arise abiding about befitting the aggregation independent.
WILLIAM R. HEARST JR., 82 New York NEW YORK RANDOLPH A. HEARST, 74 and ancestors San Francisco CALIFORNIA $2.2B 40% of Hearst Corp. Hearst is the nation’s bigger administrator of annual magazines, with three of its better-known titles actuality Cosmopolitan, Esquire, and Acceptable Housekeeping. Its newspapers accept been a problem. In the accomplished 12 months Hearst has broke the Los Angeles Herald Examiner and has been aggravating to abutment the flagship San Francisco Examiner, which slid Rosebud-like abaft the competition.
HEIDI HORTON, 49 Croglio SWITZERLAND $2.2B Bequest from Horton Administering Aliment and Horton Finanzverwaltung (asset management); absolute estate. Helmuth Horton founded one of Germany’s bigger administering affluence chains, and British American Tobacco bought it in 1970. Aback , Helmuth died in 1987, he larboard his widow, Heidi, with $150 actor a year in abridged money. She has impressively animate homes in the Swiss Alps, New York, and the Caribbean.
ESTHER KOPLOVITZ, 39 ALICIA KOPLOVITZ, 37 Madrid SPAIN $2.2B 98% of Construcciones y Contratas, one of Spain’s bigger architecture firms; 21% of Banco Zaragozano; 10% of Cofir cyberbanking services; securities; absolute estate. Afterwards beat Poland advanced of Hitler, Ernesto Koplovitz, Esther and Alicia’s father, set up boutique in Madrid charwoman the city’s streets. He put his profits into diplomacy acreage and afterwards developed it. In the aboriginal 1970s, a decade afterwards Ernesto died, his daughters affiliated cousins, both attorneys alleged Alberto, who eventually took ascendancy of Conycon from their wives’ godfather, Ramon Areces. But aback the sisters doubtable their husbands were unfaithful, they not abandoned larboard ”los Albertos” but demoted them in the company. Now the sisters run the $6 billion architecture giant.
SERGIO MANTEGAZZA, 62 GEO MANTEGAZZA, 61 Figino SWITZERLAND $2.2B Globus Biking and Cosmos Tourama, U.S.-to-Europe biking group; Monarch Airlines; absolute estate. Sergio and Geo’s dad started out renting boats on Switzerland’s Lake Lugano in 1928, anon accretion into limo and motor-coach service. A address later, the Mantegazzas, forth with accessory Mario Albek, accept congenital Globus-Cosmos into one of Europe’s arch tourism firms.
ROBERT MAXWELL, 67 London ENGLAND $2.2B 52% of Maxwell Communications; 50% of Mirror Accumulation Newspapers; cyberbanking and able annual companies. There was furor at the Mirror aftermost year aback a animation in that London bi-weekly bore the bulletin ”F— Maxwell” in near- diminutive print. Afresh Maxwell issued his own claiming in May aback he launched a pan-European annual called, appropriately enough, The European. Son Ian runs Official Airline Guides, which Maxwell bought from Dun & Bradstreet in 1989 for $750 million. Czech-born Maxwell (ne Jan Ludwig Hoch), whose adeptness to re-create himself is legendary, afresh bought a pale in artisan Andrew Lloyd Weber’s assembly company, Really Useful Group.
JOHN RICHARD SIMPLOT, 81 Boise IDAHO $2.2B 100% of J.R. Simplot Co.: potato processors, cattle, fertilizer, arctic foods; 18% of Micron Technology. Simplot abandoned out of aerial academy in the 1920s, invested in hogs, and afterwards awash dehydrated potatoes and onions to the government during Apple War II. Today he lords over a $1.5 billion agribusinesses giant, bartering McDonald’s with added than bisected its chips and bringing some 300,000 arch of beasts to bazaar yearly. Modest, temperate, and patriotic, ”Mr. Spud,” as his authorization bowl reads, has no ambition of slowing bottomward admitting his age: ”I accept a brawl every day!”
LAURENCE ALAN TISCH, 67 Rye NEW YORK PRESTON ROBERT TISCH, 64 and ancestors Harrison NEW YORK $2.2B 26% of Loews Corp. The Tisch brothers and their dad arrested into the auberge business afterwards diplomacy the family’s summer afflicted and eventually adapted into broadcasting, cyberbanking services, and more. The Tisch-owned Regency Auberge in New York is the birthplace of the abominable ”power breakfast.” The brothers’ adeptness as New York University’s centermost pockets has been challenged by Leonard Stern (see below), who doled out $30 actor for a business academy address his name. But Larry and Bob arise to be advanced on credibility with an eponymous hospital and academy of arts. Seven accouchement amid them.
EDWARD GAYLORD, 71 Oklahoma Burghal OKLAHOMA $2.1B Oklahoma Publishing and Gaylord Broadcasting. Gaylord took allegation at Oklahoma Publishing in 1974 as a bough of 55 aback his father, who bought the Circadian Oklahoman aloof afterwards the about-face of the century, died at the age of 101. From his heartland headquarters, the bourgeois media baron eyes the Eastern U.S. with skepticism, assertive it to be a axis of liberals. He and his wife, Thelma, accept four children.
KARL KAHANE, 70 Vienna AUSTRIA $2.1B Industrie Captivation Montana AG, mineral concerns. Afterwards a absinthian seven-year cloister battle, Kahane claimed candied achievement aftermost year and acquired the afraid Veitscher Magnesitwerke, the world’s bigger ambassador of magnesite, a acquired of magnesium, for about one-fifth of its absolute value. Kahane doesn’t like to overpay aback it comes to taxes either. He set up his business in Zurich to abstain Austria’s aerial tariff, but home is still Vienna.
SAMUEL JAYSON LEFRAK, 72 New York NEW YORK $2.1B Absolute estate; 100% of Lefrak Oil & Gas Organization; 100% of Lefrak Entertainment; art. In 1961, continued afore there was annihilation alleged for Donald Trump, an advancing adolescent architect of middle-income apartment christened his development Lefrak City. Sam LeFrak has aback become the country’s arch residential landlord; one in 16 New Yorkers, for instance, lives in a LeFrak- congenital dwelling. Admitting the Adept Architect prefers classical, his recording accouterments afresh denticulate big in rap music, which Sam commendations as ”urban poetry.” This septuagenarian still rises at 4:30 to get a alpha on the day’s business.
SULIMAN SALEH OLAYAN, 71 Riyadh SAUDI ARABIA $2.1B Olayan Group: agronomical and customer products, finance, investments, absolute estate, trading, Saudi Coca-Cola franchise, and more. Olayan started as a busline bagman for Aramco, and won the annual of his administering by abstraction the names of bags of parts. He eventually advertisement into manufacturing, cyberbanking services, and absolute estate. Quiet, alike characterized as ”passive” in his business dealings, he lives in Riyadh with his American- built-in wife, Mary. His son and three daughters are all Olayan Accumulation directors.
LEONARD NORMAN STERN, 52 New York NEW YORK $2.1B 100% of the Hartz Accumulation Inc. The bright baton in the pet affliction industry, Hartz Mountain sells some $425 actor anniversary year of cat toys, dog bones, and special, low pH, ultra-absorbent cat litter. Too banal for your tastes? Stern’s authority additionally sells bargain knockoffs of big-ticket perfumes and carpeting steamers and congenital 35 actor aboveboard anxiety of adjustment and automated amplitude on what was already New Jersey swampland. It’s all been catnip to Leonard except for 7 Days, his annual anniversary that went abdomen up beforehand this year. Wed to archetypal Allison Maher, Stern has three accouchement from his aboriginal marriage.
WALTER H. ANNENBERG, 82 Wynnewood PENNSYLVANIA $2.0B Gain from the 1988 auction of Triangle Publications, including TV Guide; the Annenberg Collection, actor and postimpressionist art; nine actor shares of Accepted Motors. Annenberg came to acclaim and abundant affluence by starting TV Guide, which he congenital into one of the world’s top-grossing magazines. Admitting he afresh paid the third-highest bulk anytime for a painting aback he bought Picasso’s Au Lapin Agile aftermost November for $40.7 million, Annenberg may accord abroad added money than he spends. This year he donated $50 actor to the United Negro Academy Fund, and added than $300 actor to the University of Pennsylvania.
LILIANE BETTENCOURT, 67 Paris FRANCE $2.0B 25% of L’Oreal: Anais-Anais perfume, Lancome cosmetics; 4% of Nestle; 30% of | Cosmair. Mme. Bettencourt and bedmate Andre ascendancy the all-inclusive affluence larboard them by her father, a ablaze chemist alleged Schuller who started a soap, paint, and cosmetics concern. Nestle, allotment of the Bettencourt portfolio, owns some 49% of the adorableness behemothic to antithesis raiders.
DONALD BREN, 58 Newport Coffer CALIFORNIA $2.0B 93% of Irvine Co., absolute estate. Portofino on the Pacific is Donald Bren’s plan for the 100 aboveboard afar of sumptuous, abundantly abortive Orange County acreage he acquired aback he bought Irvine Co. in 1983. With appropriate absorption to detail, he alike considers the absorption in the windows of his adjustment towers. Bren is animate developing the acreage he calls his ”raw canvas” into a archetypal American association of the 21st century. Handsome and retiring, he is alert afar and has three children.
Y. F. CHANG, 63 Taipei TAIWAN $2.0B 70% of Evergreen All-embracing Corp., the world’s bigger alembic aircraft company. The secretive, ambiguous Chang is now in the action of ambience up a new airline, Eva Airways. The beginning carrier has already been accepted landing rights in Austria, Malaysia, Vietnam, and elsewhere, and is arduous the stodgy, quasi-government-run China Airlines. Spiritually adapted as well, Chang practices Yikuantaoism — a caricature of several religions including Buddhism and Taoism.
ANTON CASPAR RUDOLPH DREESMAN, 67 Laren NETHERLANDS $2.0B Aloft pale in Vendex All-embracing administering and accouterment aliment throughout Europe such as Vroom & Dreesman, and biking concerns; a pale in B. Dalton Bookseller; 33.5% of Dillard Administering Stores. Both Vendex and its stroke- broken founder, Anton Dreesman, are ailing of late. Profits aftermost year were below than bisected the $120 actor they were in 1987. The Vendex chief, a aloft assistant of economics, fabricated the annual several years ago by hiring afresh bound battlefront a almsman whom he was told, via absurd prophecy, would advertise the aggregation out afterwards Dreesman died.
INGVAR KAMPRAD, 63 and ancestors Epalinges SWITZERLAND $2.0B IKEA home furnishings. Kamprad has developed the mail-order oufit he started at 17 into a home accoutrement giant. Today, about one in four Europeans buy their animate allowance and bedchamber sets from IKEA, and America appears accessible to accede in the abreast future. The Swedish-born tax banishment has affidavit about that his three accouchement will accede little from him.
GENSHIRO KAWAMOTO, 58 Tokyo JAPAN $2.0B Marugen Co.: absolute acreage in Tokyo, Hawaii, and California. Kawamoto, a developer of residential and bartering absolute estate, shrugs off warnings of ubiquitously aggrandized acreage prices, adage he knows how to aces acceptable bulk alike in aggrandized markets like Tokyo and Hawaii. A constant bachelor, Kawamoto diplomacy to authorize a Japanese-American apprentice bargain foundation to atone for never accepting had accouchement of his own.
SULIMAN ABDUL-AZIZ AL RAHJI, 68 and ancestors Riyadh SAUDI ARABIA $2.0B 50% of Al Rahji Cyberbanking & Advance Corp.; absolute estate; agronomical enterprises. Aback the Koran condemns absorption as usury, the Al Rahjis were not answerable to pay annihilation for the deposits they acclimatized from bags of adherent Muslims to advance as they saw fit. The aggregation has gone accessible in the accomplished decade, though, and charge now accommodate a acknowledgment on equity.
BARON EDMOND DE ROTHSCHILD, 64 and ancestors Geneva SWITZERLAND $2.0B Compagnie Financiere Benjamin & Edmond de Rothschild, Geneva; 7% of Hachette and backing in added French corporations; absolute estate. Baron Edmond is beneficiary to two of the bristles basic branches of the acclaimed Rothschild cyberbanking family. The modest-size Banque Privee Edmond de Rothschild channels money into Rothschild’s added banks advertisement about the Continent. French-born Edmond lives abundantly for his means, alienated the yacht-and-polo scene. Had he not affiliated the attractive Alcazar de Pregny, he wouldn’t animate there.
EDMOND J. SAFRA, 58 Geneva SWITZERLAND $2.0B 33% of Republic New York Corp.; cash. A Brazilian civic of Syrian-Jewish extraction, Safra owns banks that baby ever-so-discreetly to the world’s megawealthy. Abrogation his father’s acknowledged Banque Safra Freres in Lebanon in the backward 1950s, the Beirut-born billionaire went to Geneva and started what afterwards acquired into Barter Development, Switzerland’s bigger clandestine bank.
GRETE SCHICKEDANZ, 74 Furth WEST GERMANY $2.0B 100% of Quelle, mail adjustment and retail stores. The German mail-order behemothic founded by Grete’s backward husband, Gustav, suffered some reverses afresh — top-level cadre changes and beggarly 1.8% accumulation growth. Recovered from bloom problems, Schickedanz is aback to administer management, and Quelle has spruced up its catalogues, cut money-losing operations, and created a new – archive with Cyrillic autograph that is aimed at Soviet consumers.
RINJI SHINO, 81 Osaka JAPAN $2.0B Assorted backing in absolute estate, restaurants, gas stations, manufacturing, and services. Rinji Shino is about as far from nouveau as riche can get. His is the 32nd address of a ancestors descended from the 12th-century administrative Taira clan. Shino devotes time to adeptness as able-bodied as business, accession Japanese art and French furniture, and blaze novels in Spanish and French.
BARON HANS-HEINRICH THYSSEN-BORNEMISZA DE KASZON, 69 Lugano SWITZERLAND $2.0B 100% of Thyssen-Bornemisza Group; art; absolute estate. Baron Heini, as he is accepted to intimates, affiliated both his family’s mining affair and art accumulating in 1947, and has advertisement both in consecutive years. But the Baron shows little absorption in animate the $3-billion-a-year business anymore and leaves circadian operations to his earlier son, George Heinrich: ”My son takes affliction of . . . earning money. I absorb it — mainly for art.” The all-inclusive T- B collection, annual some $1.5 billion, contains works by Titian and others. Thyssen and his Spanish fifth wife, Tita, bisect their time amid Switzerland and Madrid.
TED ARISON, 66 and ancestors Miami FLORIDA $1.9B 75% of Carnival Cruise Lines Inc. From a bankrupt, one-ship aggregation aloof 15 years ago, Carnival Cruise Lines has alike as the largest, best-known, and best assisting abettor in the industry. In the mid-1970s the Israeli-born Arison installed a coffer to accompaniment the discotheques and nightclubs aboard his line’s sole cruiser, the Mardi Gras, and Carnival has auspiciously pitched its cruises as brawl — not aloof biking — anytime since. His son, Micky, is CEO of the $1.1 billion aggregation and his daughter, Shari, is a director.
MARVIN DAVIS, 65 Los Angeles CALIFORNIA $1.9B Davis Cos. Group: Davis Brawl Co., Davis Oil Co.; Miller-Klutznick- Davi s-Gray Co., absolute acreage development. Aloof afore activity prices began to dive in the 1980s, Davis presciently awash off best of the ancestors oil business, afresh addled it flush afresh afterward a takeover bid for UAL. His auction of a 3% pale in the airline brought the New Jersey-born Davis abutting to $100 million.
JOHN CRAIG EATON, 53 FREDRIK STEFAN EATON, 52 THOR EDGAR EATON, 47 GEORGE ROSS EATON, 44 and ancestors Toronto CANADA $1.9B Eaton administering stores; 52.7% of Baton Broadcasting; absolute estate. Compared with its American counterpart, Canada’s retail bazaar is healthy. As a result, Eaton’s hundred or so administering aliment becoming an estimated $152 actor in 1989. Baton Broadcasting, Canada’s bigger non-state-owned television adjustment brought in $50 million. The several ancestors associates animate in comfortable homes in Toronto’s flush Backwoods Hill district. They accept become acutely aegis acquainted aback a babe was about kidnapped several years ago.
CARL C. ICAHN, 54 Bedford NEW YORK $1.9B 100% of ACF Industries, railcar producers/lessors; 90% of Trans Apple Airlines; 13.26% of USX voting stock. Could Dr. Jekyll and Mr. Hyde be adapted as The Carl Icahn Story? The acceptable Icahn helped achieve a 1988 arguable takeover affray amid Pennzoil and Texaco, applique some $600 actor in the action — ambrosial acceptable alkali for a peacemaker. Afresh he approved to restructure USX, but absent the afterwards proxy action to management. Bright and amiable, he was built-in in Brooklyn to parents of bashful agency and helped put himself through Princeton, breadth he majored in philosophy. Married, two children.
LAURANCE S. ROCKEFELLER, 80 DAVID ROCKEFELLER, 75 New York NEW YORK $1.9B Ancestors trusts; stocks and bonds; absolute estate; adventure capital. The Rockefeller trusts accept a lot of mouths to augment — 83 in all. No admiration the ancestors assurance awash one of its toniest assets, a 51% absorption in the Rockefeller Group, allotment buyer of New York City’s Rockefeller Centermost and Radio Burghal Music Hall, to Mitsubishi Acreage Co. The ancestors says it isn’t cashing out, but it’s credible that the absolutism created by John D. Rockefeller Sr., architect of Standard Oil, is adeptness change. The auction may enhance the family’s adeptness to abide its longstanding attitude of philanthropy, however.
KLAUS J. JACOBS, 54 Kusnacht SWITZERLAND $1.8B Gain from the auction of 57% of Jacobs Suchard coffee and amber producers; 100% of E.J. Brach. Jacobs formed Jacobs Suchard in 1982 aback he alloyed his family’s Bremen-based coffee aggregation with Interfood chocolatiers. A adventurous of acquisitions during the 1980s acclimatized him to actualize a bunch chocolate, confectionery, and coffee authority that he upped and awash to Philip Morris in June for $5.4 billion. With no arise diplomacy for his allotment of that big accumulation of gumdrops, the German-born billionaire will abide to animate himself animate Brach (the U.S. bonbon producer), altruistic to the Boy Scouts, and convalescent his equestrian skills.
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JOHN SPYROS LATSIS, 80 and ancestors Rabigh SAUDI ARABIA $1.8 Societe Generale cascade l’Industrie: shipping, architecture and oil refineries; Clandestine Coffer & Assurance Co. It has been said that John Latsis became flush because he was the aboriginal European abettor to accept the Arab mind. Indeed, afterwards diplomacy his aboriginal address in 1955, Greek-born Latsis acclimatized acquaintance with abeyant bargain from the Middle East by cat-and-mouse hours — days, if all-important — to be received. Perseverance paid off: His accepted backing are so all-inclusive they are alleged the ”galaxy” by Genevans in the know. Latsis has been accepted to conduct business from his ”swimming headquarters,” a brace of adapted freighters anchored at Jiddah. Married, three children.
SALVATORE LIGRESTI, 58 Milan ITALY $1.8B 77% of Premafin; stakes in a advanced ambit of industries and services, including construction, insurance, accouterments ceramics, merchant and advance banking, tires, and hotels. Ligresti’s career began abandoned 12 years ago with a 35% pale in SAI, Italy’s fourth-largest allowance concern. That advance has accepted in bulk some 3,700%. He additionally owns architecture behemothic Grassetto — a aggregation he already hoped to assignment for. Aesthetics in contempo years for zoning violations prompted the Paterno-born magnate to affirm his innocence: ”I never acclimatized favors in my architecture activities. They are too difficult to access and I didn’t allegation them.” He is ambrosial the convictions. Married, three children.
DAVID PACKARD, 78 and ancestors Los Altos Hills CALIFORNIA $1.8B 15.3% of Hewlett-Packard. From $538 in banknote in 1939 to $12 billion in sales in 1990 — such is the apathetic acceleration by Silicon Valley standards of Hewlett-Packard Co., as acclaimed for its humanistic access to administering as it is for its all-over laser printers and desktop calculators. David Packard is still H- P’s chairman, and both founders abide to be leaders in accommodating giving. If asset architecture goes according to schedule, the David and Lucile Packard Foundation will become one of the bristles bigger altruistic institutions in the country. Packard, a aloft U.S. abettor secretary of defense, is abandoned and has four children.
DANIEL SWAROVSKI MANFRED SWAROVSKI Wattens AUSTRIA $1.8B 100% of Swarovski All-embracing Holding, the world’s bigger maker of rhinestones; 50% of Zale Corp. Daniel and Manfred’s grandfathering was a canteen cutter who advertisement during Apple War I into diplomacy acid auto and abrasives. The bright stones produced by SIH are of such aerial affection that they are generally likened to absolute gems.
HIROSHI TERAMACHI, 66 Tokyo JAPAN $1.8B 22.3% of THK Co., makers of bearing-related products. This artist of brawl address articles started his aboriginal company, Nippon Thompson, in 1950, but abandoned aback he took THK accessible aftermost year was he able to basement into the ranks of the superrich. Radio-guided calisthenics advice accumulate Teramachi from ballooning like his coffer account.
OCTAV BOTNAR, 75 Villars-sur-Ollon SWITZERLAND $1.7B Nissan U.K., Britain’s sole Nissan distributorship; gain from the auction of Nissan Switzerland; absolute estate. Rumanian-born Botnar purchased the Swiss Nissan importing operation aloof afore that automaker’s cars began booming. From 1979 to 1981 imports of Nissan-made Datsuns added than angled their allotment of the Swiss bazaar (to 5.7%). Admitting registered as a citizen of Switzerland for tax purposes, Botnar spends best of his time in Britain, with a abode abreast his company’s Worthing address aloof south of London.
CHARLES FEENEY, 59 London ENGLAND $1.7B 40% of Duty Chargeless Shoppers Group; 100% of Accepted Atlantic Holdings, a Bermuda- based aggregation with stakes in dozens of businesses; hotels; retail stores; publishing; oil and gas. Afterwards admission from Cornell’s auberge administering school, Feeney and his acquaintance Robert Miller founded Duty Chargeless Shoppers. Duty-free shops are the conservancy of cartage ashore in airports amid flights. Today, Feeney’s is the bigger such operation, with sales about the $2 billion mark and locations in Honolulu and throughout the Far East. He lives in London with his French wife and bristles children.
TAMESABURO FURUKAWA, 100 Nagoya JAPAN $1.7B Nippon Herald Films, benefactor of movies and buyer of a alternation of cinemas in Japan; Herald Group: golf courses, ski areas, and restaurants. No aboriginal retirement for Tamesaburo Furukawa. The oldest billionaire still serves as administrator of the blur aggregation he founded afterwards Japan’s 1920 depression, aback he absitively that movies were below afflicted to bread-and-butter downturns than added pursuits. Furukawa ancestors associates abetment the centenarian in animate Nippon, which is Japan’s arch benefactor of adopted flicks.
YUSUKE MIYAMA, 45 Tokyo JAPAN $1.7B 57.6% of MDI Co.: 50,000 apartments in Japan, mostly in the Tokyo area. Yusuke Miyama started out as a absolute acreage agent. Today he’s a abundant landlord. His ambition is to accept $7 billion in sales by the year 2000. Contempo projects accommodate resorts at home and in Guam — a accepted vacation atom amid the Japanese — as able-bodied as hotels and action clubs.
HARRY B. HELMSLEY, 81 New York NEW YORK $1.7B New York bartering and residential absolute estate. Harry Helmsley’s adventure is about mythic: As a adolescent man he started at the bottom, accession rents in Hell’s Kitchen, and afterwards anguish up at the top of New York bartering absolute estate. That’s aback he met the belled Leona, who now faces four years in bastille and a accomplished of $7.2 actor for artifice taxes. Is she any affectionate of wife for a Quaker, Harry?
WILTON R. STEPHENS, 82 JACKSON T. STEPHENS, 67 and ancestors Little Rock ARKANSAS $1.7B 100% of Stephens Group, encompassing Stephens Inc. advance banking, 31% of Worthen Cyberbanking Corp.; gas; absolute estate; cash. The Stephens brothers spent the accomplished 50 years architecture a bush band accouterments into a accurately sized advance bank. Four years ago Jack’s 33-year-old son Warren stepped in as CEO of Stephens Inc. to booty the operation national. Warren is animate up to his genes; he has angled revenues in the accomplished two years. Now bounded folk heroes, the brothers are animate in Arkansas politics.
R.E. ”TED” TURNER III, 51 Atlanta GEORGIA $1.7B 44% of Turner Broadcasting System. Admitting contempo advantage problems, and the best wishes of his enemies, the mustachioed ”Captain Outrageous” has flourished: TBS shares are amid the hottest on Wall Street, tripling in bulk over the accomplished two years. He lives abundantly in Atlanta but owns a 130,000-acre agronomical alleged ”Flying D” in Montana. Alert divorced, Turner has bristles accouchement and is currently complex with Jane Fonda.
PAUL ALLEN, 37 Seattle WASHINGTON $1.6B 17.3% of Microsoft computer software; Asymetrix Corp.; the Portland Trail Blazers able basketball team. Allen co-founded Microsoft with prep- academy accessory Bill Gates in 1975. While the aggregation mushroomed into a $1- billion-a-year operation, Allen battled Hodgkin’s disease, from which he is now recovered. Activity has been attractive up anytime since. His software startup, Asymetrix, launched its aboriginal artefact this year, a alleged software architecture set alleged ToolBook, and his Portland Trail Blazers fabricated it to the NBA finals. Like his bygone accomplice Gates, Allen is single.
LAWRENCE, LORD KADOORIE, 91 HORACE KADOORIE, 88 MICHAEL KADOORIE, 50 HONG KONG $1.6 69% of Hong Kong & Shanghai Hotels Co.; 25% of China Light & Ability Co.; assorted investments abroad; Hong Kong absolute estate. Of Iraqi-Jewish descent, the Kadoorie association has been in Hong Kong aback the backward 19th century. The ancestors has become a worldclass hotelier, owning the New York Peninsula, the Portman in San Francisco, and Beverly Hills’ Belvedere.
GEORGE STAVROS LIVANOS, 61 London ENGLAND $1.6B Scres Aircraft and Ceres Hellenic Aircraft Enterprises; cash; art. Admitting he has an absolute island in the Aegean to himself, Greek-born Livanos calls London home. Afterwards inheriting Greece’s bigger aircraft agile from his ancestor in 1963, he went on to become an innovator in aircraft accumulator techniques. Livanos has additionally apparent abundant affair in ecology issues and was active in basic the Hellenic Marine Environment Protection Association.
HAROLD C. SIMMONS, 59 Dallas TEXAS $1.6B 88% of Valhi: sugar, chemicals, timber, fast-food restaurants; securities; absolute estate. A self-proclaimed accumulated raider, Simmons began his authority architecture with the acquirement of a distinct pharmacy in 1961. Afterwards aperture accession 99 aliment he awash out to Jack Eckerd Corp. in 1973 for $50 actor of Eckerd stock, abandoned to see his backing collapse 75% aback he awash the banal two years later. He took what was larboard and bought Valhi in a absinthian behest war. A longtime arthritis sufferer, Simmons donated $41 actor to the University of Texas Southwestern Medical Centermost aftermost year, one of the country’s arch centers for arthritis research.
MICHELE FERRERO, 66 Brussels BELGIUM $1.5B 80% of Ferrero, one of the world’s bigger confectioners. Ferrero’s grandfathering Pietro addled a candied tooth aback he afflicted a hazelnut-based amber acting that became Nutella. Michele, who took over the aggregation at 24 afterwards his ancestor died of affection disease, puts in 15-hour days, including , Saturday, and roams supermarkets to ask shoppers if they like his products, which accommodate Tic-Tac mints. Ferrero, his wife (a aloft employee), and two sons (both employees) confused to Belgium in 1975, fearing kidnappers in their built-in Italy.
ERNEST GALLO, 81 JULIO GALLO, 80 Modesto CALIFORNIA $1.5B 100% of E. & J. Gallo Winery. Dionysus himself would backbiting the Gallo brothers’ allotment of America’s wine market: a exciting 33%. No added calm vintners arise close. In 1933 the Gallo brothers started their own baby winery with $5,000 and a few pamphlets on winemaking adopted from the library. Today Gallo articles breeze to the tune of about $1 billion anniversary year. Julio’s son Robert, 56, oversees abounding of the circadian production. There are three added accouchement amid the two brothers.
HANS LIEBHERR, 75 and ancestors Bulle SWITZERLAND $1.5B 100% of Liebherr All-embracing AG: accouterment and abundant equipment, cooling systems, hotels. Equipped with a ablaze apperception for abstruse innovation, Liebherr, German by birth, began accession his affluence afterwards Apple War II by diplomacy an easy-to-use, carriageable crane in his war-ravaged home country. Today his aggregation is a arch architect of architecture vehicles, afterwards Caterpillar and Komatsu. Liebherr operates afterwards account of lath or secretary, animate the aggregation with his bristles co-owning children. He has no diplomacy to retire ”until the big vacation arrives.”
DAVID H. MURDOCK, 67 Los Angeles CALIFORNIA $1.5B 100% of Murdock Development Co.; 23% of Castle & Cooke; Flexi-Van Corp. Built-in poor, Murdock abandoned out of academy in the ninth grade. Afterwards a block in the Army during which he voraciously apprehend biographies of abundant businessmen, he headed west to Phoenix to accomplish and lose his aboriginal affluence in that city’s booming postwar absolute acreage market. He confused on to California and adapted his backing into bolt (Cannon Mills) and aliment (Castle & Cooke). Now administrator of C&C, Murdock is because diplomacy off its Dole Aliment Co.
SHEIKH ZAYED BIN SULTAN AL NAHAYAN, 74 Abu Dhabi UNITED ARAB EMIRATES $1.5B Oil; investments. In accession to his position as Admiral of the United Arab Emirates, Zayed is the adjudicator of Abu Dhabi. He hails from the already alien arid apple of Al Ain breadth his ancestor congenital both the Jahili breastwork and its abutting biscuit bazaar 80 years ago.
SIR YUE-KONG PAO, 71 HONG KONG $1.5B 65% of Apple All-embracing Ltd.; Lane Crawford administering stores; cash. The acceptable Hong Kong business association is not acclimatized to changeable CEOs, which is a botheration for Y. K. Pao, who has four daughters to accede his bartering holdings. Their names — Annie, Bessie, Cissy, and Doreen — accomplish them complete added like account in a Mack Sennett two-reeler than the baby of an Asian tycoon. At his death, their experienced, abstruse husbands will no agnosticism booty greater ascendancy of the authority they are already active in running. The Pao accumulation afresh awash its 37.8% of Dragonair and 10% of Standard Chartered Bank.
MARTHA GILMORE PARFET, 65 RAY T. PARFET JR., 67 WILLIAM U. PARFET, 43 Kalamazoo MICHIGAN $1.5 12% of Upjohn Co. In 1886, Dr. William Upjohn and his brother devised a way to accomplish pills with an continued shelf life, and Upjohn Co. was born. It remained abandoned in ancestors easily until it went accessible 32 years ago. William is an Upjohn authoritative VP, and Ray, the aloft chairman, sits on the board, admitting Martha, Ray’s wife and the granddaughter of the founder, does not.
MARC RICH, 55 Zug SWITZERLAND $1.5B Marc Flush & Co. bolt trading. A avoiding from Uncle Sam, Flush has captivated up a acceptable hunk of the apple aluminum market, acid deals with KaiserTech and the Jamaican government for bauxite. Affluence hotels in Madrid and condos on Majorca annular out the Belgian-born billionaire’s portfolio, authoritative him Flush indeed.
JACK RUDIN, 66 LEWIS RUDIN, 63 New York NEW YORK $1.5B Rudin Administering Co., Manhattan absolute estate. Jack and Lewis Rudin backpack the banderole for New York Burghal — and not aloof in acceptable times. Aback the Big Apple got aching in the 1970s, the Rudins gallantly paid their taxes aboriginal to advice accumulate burghal coffers filled. Civic-minded Lewis founded the Association for a Bigger New York and is addicted of autograph belletrist to the New York Times blame those who don’t accept in the city’s future. Unlike some added Manhattan developers, the Rudin brothers still own about every architecture they anytime put up.
PRINCE JOHANNES VON THURN UND TAXIS, 64 Regensburg WEST GERMANY $1.5B Furst Thurn und Taxis Bank; all-inclusive tracts of backwoods land; absolute acreage in Brazil, West Germany, and Canada; 100% of Produco, a attenuate metals supplier; breweries; | art; and castles. ”Johnny TNT” has been accession out how to milk his all-inclusive but unexploited backing for cash. Aback in the acceptable old 15th- and 16th-century days, aliment was easier arise by — the Thurn und Taxis association absorbed the Hapsburg postal routes. The ailing prince, whom his affluence wife calls ”Goldie,” is additionally afraid about diplomacy of succession; his heir, Prince Albert, is abandoned 7 years old.
LESLIE WEXNER, 53 and ancestors Columbus OHIO $1.5B 34.1% of the Limited; 2.9% of Sotheby’s Holdings. A slim, active crammer whose admired chat seems to be ”growth,” Leslie Wexner has sewn up some 5% of the $50 billion women’s accouterment market. Aback he’s not absent with cottony or rayon, Wexner concentrates on canvas, accepting accumulated a appalling accumulating of abreast art. He is a accessible and the basic woman in his activity seems to be mom, Bella, who sits on the Limited’s board.
HENRI ANDRE, 52 and ancestors Prilly SWITZERLAND $1.4B Andre & Cie: banking, article trading, barter, accouterments and apparatus apparatus manufacture, shipping, argibusiness. This afterlife of common business apropos goes to abundant lengths to beard its holdings. Included in the backstairs galaxy: Kansas-based Garnac, anticipation to be the third-largest atom broker in the world. Admitting their riches, the Andres abutment a religious camp alleged the Plymouth Brothers, whose adherents convenance austerity.
JACK KENT COOKE, 77 Middleburg VIRGINIA $1.4B Gain from the auction of Cooke Cablevision; Los Angeles Circadian News; Washington Redskins; absolute estate. Already a adamantly assiduous album salesman, Cooke eventually created his own media authority that additionally included a able football aggregation and the art deco Chrysler Architecture in midtown Manhattan. Ancestors diplomacy accept aloof been doggy. Cooke’s third alliance — to a helpmate some 40 years his inferior — concluded afresh in divorce. However, the billionaire won the aboriginal annular of the consistent clothing for adolescent support, extenuative himself $29,040.
HUGO ERB, 72 and ancestors Winterthur SWITZERLAND $1.4B Erb Group: Herfina car importers, Uniwood manufacturing, Unifina cyberbanking services, and Volkart coffee trading. Taking the profits from his Mitsubushi, Ford, Mercedes, and Suzuki distributorships, Erb has adapted his aggregation into a $2.3 billion concern. Sons Rolf, 39, and Christian, 31, advice Dad accumulate shop.
WALTER HAEFNER, 80 ) Kusnacht SWITZERLAND $1.4B Careal Holding: 100% of Amag car importers and 20.5% of Computer Associates International. One of seven sons of a poor missionary to Tibet, Adolescent Haefner began to ample his pockets aback he counteracted the Apple War II ammunition curtailment with charcoal generators. Today he owns not abandoned advantageous Volkswagen, Porsche, and Audi dealerships throughout Switzerland but additionally the acreage below them. Piano, orchids, and thoroughbreds annular out his interests.
RAY HUNT, 47 and ancestors Dallas TEXAS $1.4B 100% of Hunt Oil Co.; absolute estate; agribusiness. A artefact of H. L. Hunt’s additional family, and his youngest son, Ray was alleged sole abettor of his father’s acreage aback the old man died in 1974. Consecutive ancestors abrasion led Ray to breach the bequest with his half-brothers Nelson Bunker, Herbert, and Lamar a year later. Advised the ”nice” Hunt as adjoin to his broke half-brothers Nelson and Herbert, Ray has apparent bristles oil fields in Yemen and has petroleum interests in Chile, Laos, Guyana, Argentina, France, Canada, and the North Sea.
JACQUES MAUS, 60 Geneva SWITZERLAND BERTRAND MAUS, 58 Geneva SWITZERLAND $1.4B 50% of Maus Freres, Switzerland’s bigger retail chain; 42% of Printemps; 100% of P.A. Bergner administering stores; 100% of Carson Pirie Scott & Co. Like their cousins and longtime ally the Nordmanns (see below), the Maus ancestors became complex in bartering about a aeon ago with a notions boutique that granddad Ernest started in Bienne, Switzerland. Leon Nordmann afterwards acclimated Ernest and his brother Henri as suppliers for a Lucerne-based administering store. And aback Leon’s son Robert affronted the bond with Simone Maus, Ernest’s daughter, added than award captivated the two families together.
BRUCE R. McCAW, 44 CRAIG O. McCAW, 41 JOHN E. McCAW JR., 39 KEITH W. McCAW, 36 Kirkland WASHINGTON $1.4B 33% of McCaw Cellular Communications. Aback he was 23, Craig began animate the abandoned cable TV accouterments larboard to the ancestors by his father. In two decades the risk-taking, apperception administrator of McCaw Cellular Communications grew to command the greatest hunk of this country’s cellular blast market, accepting snatched LIN Broadcasting abroad from BellSouth, his abutting competitor. Craig’s brothers are McCaw directors.
GERARD NORDMANN, 60 Geneva SWITZERLAND PHILIPPE NORDMANN, 58 Geneva SWITZERLAND $1.4B 50% of Maus Freres. Now in its third generation, the Nordmann bartering absolutism is animate and well. Gerard handles finance, while his brother does the marketing. Altruistic Philippe is a little eccentric: ”Occasionally I eat with a artificial spoon. And I smoke cigarettes abandoned every added year. It helps accumulate costs down.”
KERRY PACKER, 53 Melbourne AUSTRALIA $1.4B Consolidated Columnist Holdings. Australia’s richest man started his ascendance to ten digits in 1974 afterwards diplomacy out brother Clyde’s allotment of the ancestors publishing business started by their arrogant ancestor Sir Frank Packer. A huge, augmentative man, the 6-foot-4, 242-pound Packer has a affection for polo — benevolence the poor pony — and poker. Both Packer accouchement assignment for the company, babe Gretel as a journalist, son James in anniversary finance.
GIAMPIERO PESENTI, 69 Bergamo ITALY $1.4B 44% of Italmobiliare: steel, cyberbanking services, cement, and publishing. Aback he took over Italmobiliare afterwards his father’s afterlife in 1984, the amateur Pesenti was not acclimatized continued to abort what Dad had built. Admitting he was a grandfathering at the time, the Italian columnist absolved him as ”Junior.” But the advisable Pesenti instead came into his own amid the scattering of individuals who ascendancy the Italian economy. Giampiero’s son is in the business, too, in an entry-level position.
MADELEINE DASSAULT, 89 SERGE DASSAULT, 65 and ancestors Paris FRANCE $1.3B 50% of Dassault Aviation; 49% of Serge Dassault Electronics; absolute estate; construction; blur studios; forestry; publishing; and the Saint-Emilion vineyards. Madeleine and her antisocial son Claude assume agreeable to sit and watch their pale in Dassault Aerodynamics buck dividends. But her added son, Serge, continues to attempt adjoin the government’s admiration to nationalize the absolute 50% of Dassault Aviation. Fortunately, Serge Dassault Electronics is France’s arch supplier of ATM machines.
KING HASSAN II, 61 Rabat MOROCCO $1.3B Omnium Nord Africain: mining, manufacturing, absolute estate, and services; hotels, including the Aristocratic Mansour in Casablanca. Morocco’s baron is accepted as Commander of the Faithful because he is said to be descended from the Prophet Mohammed. Bright, well-educated, and awful Western (he prefers speaking French to Arabic), Hassan bound afford his playboy agency aback he became Baron in 1961 and has aback emerged as a powerful, competent, and admired ruler. His son-in-law Fouad Filali runs Omnium. The sovereign, who has survived several accomplishment and assassination attempts, is in arresting bloom for a chain-smoker with asthma and abdominal cancer.
ALFRED HENRY HEINEKEN, 66 and ancestors Noordwijk NETHERLANDS $1.3B 25% of Heineken breweries. Admitting he was retired aback 1989, Freddy Heineken’s access at the brewery his grandfathering founded charcoal strong. But some top akin advisers at the brewery are packing it in. Aftermost summer Freddy wooed the association of St. Moritz, breadth a bounded lath adjoin his plan to drive a bounded factory.
PHILIP H. KNIGHT, 51 Beaverton OREGON $1.3B 34% of Nike Inc. With advice from John McEnroe, Michael Jordan, and a agents of biomechanical experts, Nike Inc. has become the champ of the able-bodied cossack Olympics, animate abroad with some 28% of the bazaar and adequate sales of over $2 billion. The banal has performed its own waffle-soled feats, afresh leaping 50% over aftermost year’s average. Knight is a declared Asiaphile. He is affiliated and has two children.
KEITH RUPERT MURDOCH, 59 and ancestors New York NEW YORK $1.3B 45% of Annual Corp. Freighted with $6 billion in debt, Annual Corp. akin its aggregate this year by diplomacy its bazaar abridged the Star, book administrator J.B. Lippincott, and allotment of a Hong Kong newspaper. But the Aussie-born Aborigine Murdoch can acquaint his competitors to ”eat my shorts,” acknowledgment to an activated ancestors alleged the Simpsons, who altercation endlessly on the Murdoch- endemic Fox TV network. Murdoch is affiliated to biographer Anna and has four children.
HARRY OPPENHEIMER, 81 and ancestors Johannesburg SOUTH AFRICA $1.3B 8.3% of Anglo American Corp., gold mining; De Beers Consolidated Diamond Mines; 7% of Minorco, all-embracing trading; cash; absolute estate. Anglo-American companies now ascendancy some 54% of the Johannesburg banal bargain listings, which represents division of South Africa’s wealth. Harry O, as he is known, is retired, animate in Johannesburg amid aboriginal editions of Byron and Keats and paintings by Redon and Picasso. Oppenheimer has continued been a analyzer of apartheid, and his foundations accept spent millions on apprenticeship for atramentous South Africans.
WERNER OTTO, 80 MICHAEL OTTO, 48 Hamburg WEST GERMANY $1.3B , 100% of Otto Versand, Germany’s bigger mail-order company, includes the Chicago-based Spiegel mail-order house. For abounding years, Germans associated success in the mail-order apple with billionaire Grete Schickedanz and her outfit, Quelle. Now Otto Versand’s afterlife of catalogues is Deutschland’s shop-at-home tool. In 1949 Werner adapted a broke shoe affluence into a home-delivery shoe, coat, and woolens operation. Michael runs the circadian diplomacy with an eye against environmentalism — no added fur coats in the catalogues.
WILLIAM BERNARD ZIFF, 60 and ancestors Manalapan FLORIDA $1.3B 100% of Ziff Communications, computer magazines; absolute estate; cash. Learning that he had blight and fearing the worst, Ziff awash off best of his customer and barter magazines to Rupert Murdoch’s Annual Corp. and CBS in the mid-1980s. Now recovered and larboard with mostly computer magazines, Ziff is into growth, diplomacy Claimed Computing’s subscriber account to aggregate up the apportionment of his PC/Computing. The eidetic administrator additionally created a new magazine, PC Sources, a adviser to braving the asperous amnion of mail-order computer shopping. The aboriginal affair is accepted in October.
KARL ALBRECHT, 70 THEO ALBRECHT, 68 Mulheim an der Ruhr WEST GERMANY $1.2B 100% of ALDI: 3,500 abatement supermarkets throughout Europe. Afterwards the Berlin Wall crumbled, it didn’t booty the active owners of ALDI — for Albrecht Abatement — continued to cut a accord with East Germany’s Handels Organisationen for a collective grocery adventure in the G.D.R. The aboriginal ALDI has already opened in Dresden. Harsh animate conditions, for which the Albrechts are infamous, accept fatigued criticism from several Dresden newspapers. Added ALDI earmarks: no-name brands and ascetic environs. Ah, capitalism!
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LUCIANO BENETTON, 55 GIULIANA BENETTON, 53 GILBERTO BENETTON, 49 CARLO BENETTON, 46 Treviso ITALY $1.2B 81.3% of Benetton SpA; Edzione: cyberbanking and cyberbanking services; 15% of Tio Pepe distillers; 100% of Nordica ski cossack manufacturers. If Luciano has his way, the United Colors of Benetton will anon fly in such bartering nether regions as China. But the ancestors has a few circuitous skeins to accord with first: crumbling profits, lawsuits by affronted U.S. licensees, and an brash move into cyberbanking services. Meanwhile, the ancestors is aberrant a plan to accouter the Soviet Union: The aboriginal Benetton aperture opened in Moscow aftermost April.
ARTEMUS DARIUS DAVIS, 84 JAMES E. DAVIS, 83 M. AUSTIN DAVIS, 79 and ancestors Jacksonville FLORIDA $1.2B 37% of Winn-Dixie Stores; 52.3% of American Heritage Activity Advance Corp. The Davis brothers took an accouterments alleged Table Accumulation Aliment accessible in 1933 and kept reinvesting profits in the business. Not absolution that banknote accumulation up on the shelf was wise. Today added than 1,200 Winn-Dixie supermarkets — the name was afflicted in the backward 1950s — in the South and Southwest arena up some $9 billion in sales anniversary year. James’s son A. Dano Davis, 45, is administrator of the lath and he has captivated about every retail position in the aggregation from canteen boy on up aback he began animate part-time at 17. Artemus’s kid Robert, 58, is carnality administrator and a director.
MARK DIETHELM Kusnacht SWITZERLAND $1.2B 100% of Diethelm & Co.: pharmaceuticals, food, claimed affliction products, and more. Diethelm insists he is not amid his country’s wealthiest citizens, but he’s whistling in the dark. The $1.8 billion Bangkok-based conglomerate, founded by Mark’s grandfathering in 1887, has advertisement all over the apple and continues to access admired absolute estate. Contempo projects accommodate collective ventures with Edward Keller Ltd.: Calm they own a U.S.-based arts and crafts aliment manufacturer.
PRINCE HANS ADAM II, 45 Vaduz LIECHTENSTEIN $1.2B 97.7% of the Coffer of Liechtenstein; all-inclusive art collection; absolute estate. Aback Hans Adam’s father, Franz Josef, became adjudicator in 1938, the belt was so poor, dad actually had to advertise ancestors jewels to pay the civic debt. Today Liechtenstein is affluent, industrialized, about untaxed, and home to 1.3 corporations per inhabitant. Franz Josef died aftermost year, abrogation the brand to his firstborn son. Hans Adam has final say over laws and the ability to deliquesce Parliament, so his aphorism isn’t bald ceremony. He is added a civic manager, aboveboard delivery his opinions, than a blue-blooded arbiter.
MARTIN HILTI, 75 MICHAEL HILTI, 44 Schaan LIECHTENSTEIN $1.2B 87% of Hilti AG and Hilti Transatlantic: automated fasteners, architecture chemicals, and electrical tools. In May, Michael Hilti took over the aggregation from his father, but because critics don’t anticipate he’s advancing enough, there are doubts that he’s a breeze off the old fastener. Hilti the ancient founded the aggregation as a atom bung architect aback he was 27. He believes in advantageous absorption to his customers. And aftermost year Hilti AG set a almanac with an boilerplate 40,000 applicant contacts per day.
GERRISH MILLIKEN, 73 Greenwich CONNECTICUT ROGER MILLIKEN, 74 Spartanburg SOUTH CAROLINA $1.2B 34% of Milliken & Co.; 41% of Mercantile Aliment Co.; absolute estate. For years the Milliken brothers kept the seams of their bolt and actinic affair deeply sewn. But aftermost abatement annoyed ancestors associates awash off a atom of their 17% boyhood stake. Now CEO Roger Milliken may accept to allotment acute cyberbanking advice with new owners. Roger is affiliated and has bristles children.
REINHARD MOHN, 69 Gutersloh WEST GERMANY $1.2B 89.3% of Bertelsmann AG, the world’s second-largest media conglomerate: Bantam Books, Dell, and Doubleday publishers. Few markets are as arrested in Eastern Europe as the media, and Bertelsmann diplomacy to do article about it. Success in the aloft affiliation could appease Administrator Mohn, whose aggregation was relegated to No. 2 cachet amid apple media groups aftermost year attributable to the alliance of Time Inc. (publisher of Fortune) and Warner Communications. One affair the Mohn-controlled newspapers and magazines don’t address about: Herr Mohn himself. Reinhard prizes his anonymity.
MANFRED VON OPPENHEIM, 65 ALFRED VON OPPENHEIM, 55 and ancestors Cologne WEST GERMANY 100% of Sal. Oppenheim Jr. & Cie: banking, insurance, and securities; automated concerns. The abutting thrives as an all-embracing banker. The ancestors doesn’t do abominably in sport, either. Horses reared in von Oppenheim stables usually accumulate the lion’s allotment of antagonism ribbons and prizes in Europe.
RUDOLF AUGUST OETKER, 74 and ancestors Bielefeld WEST GERMANY $1.2B 100% of Oetker Gruppe: food, breweries, chemicals, insurance, and more. With acrimonious afterlife duties advancing due in 1991, the ancestors Oetker has had to act fast: This year Rudolf nominally transferred diplomacy of Oetker Gruppe backdrop to his progeny. August, the earlier of eight accouchement from three marriages, continues to run the accumulated with its 85 subsidiaries.
PRINCE SULTAN BIN ABDUL-AZIZ AL SAUD, 64 Riyadh SAUDI ARABIA $1.2B Saudi Arabia’s oil riches. The acceptable Prince Sultan is Baron Fahd’s abounding brother, an important acumen in a ancestors that reckons ancestors by the scores. He is additionally abbot of aegis and aerodynamics and accepted to be additional ^ in band to the head afterwards his bisected brother Prince Abdullah bin Abdul-Aziz. Sultan is acclaimed for his accessibility to arid Saudis, decidedly the armed forces.
SIR JOHN SWIRE, 63 Kent ENGLAND ADRIAN SWIRE, 58 London ENGLAND $1.2B 85% of John Swire & Sons, which controls aircraft groups, airlines, algid accumulator facilities, and allowance companies. Sir John is admiral and Adrian administrator of the aggregation John Swire (the first) founded in Liverpool as a accepted trading abode in 1816. The Oxford-educated brothers now adviser an authority with activities sprawling from their citizenry to Papua New Guinea. Adrian is affiliated to Lady Judith Compton. John, additionally married, has three children.
PHILIP FREDERICK ANSCHUTZ, 50 Denver COLORADO $1.1B 100% of Anschutz Corp.: Southern Pacific Railroad and Denver & Rio Grande Western Railroad, oil, absolute estate, ranching, and cement. Valuable, abortive acreage abreast city Denver and key civic abuse links with their associated absolute acreage all accord to Anschutz’s continuing as Colorado’s richest man. His 1988 acquirement of Southern Pacific was so awful leveraged that Anschutz awash off railroad acreage to accumulate the banks and bondholders at bay.
SEBASTIAO FERRAZ DE CAMARGO PENTEADO, 81 Sao Paulo BRAZIL $1.1B 93% of Camargo Correa group, which includes Brazil’s second-largest architecture and engineering company. Afterwards animate the boutique for bisected a century, aggregation architect and ancestor Sebastiao Camargo stepped bottomward aftermost year, ceding ascendancy to longtime abettor Werner Schmidt Rehder. Rehder’s adjustment afraid some, conspicuously Sebastiao’s son-in-law, Carlos Dias, whom some anticipation acceptable to booty the top spot. But sources say the new Camargo admiral possesses in affluence that one affection Sebastiao finds irresistible: discretion.
JOSEPHINE FORD, 67 WILLIAM CLAY FORD, 65 and ancestors Detroit MICHIGAN $1.1B 5% of Ford Motor; Detroit Lions pro football team. William Clay retired 18 months ago as Ford’s carnality chairman, but son Bill Jr., MBA in tow, is animate his way up at the country’s No. 2 automaker forth with accessory Edsel B. Ford II. But it’s not accessible actuality a Ford: Ancestors associates don’t get chargeless cars. They charge buy them from dealers.
AHMED JUFFALI, 61 Riyadh SAUDI ARABIA $1.1B E.A. Juffali & Brothers, 12 Saudi automated companies: automotive, construction, and more. Aloft by his beforehand brother, Juffali was accepted a acknowledgment by a British ability aggregation to accumulation electricity to the boondocks of Taif in the 1940s. Today his aggregation operates collective ventures with Daimler- Benz, Dow Chemical, and Massey-Ferguson, and is the bigger clandestine automated and trading accumulated in Saudi Arabia. Juffali has already amorphous to annex out abroad in the Middle East, owning a pale in a Daimler-Benz bulb in Turkey.
KIRK KERKORIAN, 74 Los Angeles CALIFORNIA $1.1B 76.3% of MGM/UA Communications; 80.7% of MGM Grand, abettor of hotels, casinos, affair parks, and an airline. The son of an Armenian immigrant farmer, Kerkorian started out afterwards Apple War II ferrying gamblers to Las Vegas in a adapted surplus bomber. His business has been agitated anytime since. Admirable MGM/UA has been the article of a cardinal of scuttled takeover attempts, best afresh from Sicilian abettor Giancarlo Parretti’s Pathe group.
LARS-ERIK LUNDBERG, 70 Norrkoeping SWEDEN FREDERIK LUNDBERG, 39 Zollikon SWITZERLAND $1.1B 54.3% of Lundberg Group, a construction, absolute estate, and asset administering conglomerate. Lars-Erik started out as a small-scale architecture architect in Norrkoeping in the mid-1940s. Today son Frederik is arch authoritative of Lundberg, authoritative 11.5 actor aboveboard anxiety of bartering absolute estate, 4,500 acreage of abandoned sites, and a portfolio of Swedish stocks said to be annual $1.2 billion. Frederik and his wife and two accouchement accept confused to Switzerland, beat his home country’s taxes, which are the world’s highest.
SALEM AHMED BIN MAHFOUZ, 83 and ancestors Mecca SAUDI ARABIA $1.1B 52% of Civic Bartering Coffer in Jiddah; 10% of Aboriginal American Bankshares; securities. Mahfouz ancestors associates accept continued been bankers to Saudi royalty, and Civic Bartering is Saudi Arabia’s bigger bank.
DONALD W. REYNOLDS, 83 Las Vegas NEVADA $1.1B Donrey Media Group: newspapers, cable and advertisement TV, and 10,400 alfresco billboards. As a 12-year-old newsboy, Don Reynolds bought copies of the Oklahoma Annual for bisected a cent and awash them for a penny each. He is still diplomacy and selling, now apperception on baby to midsize markets that his alignment calls the ”community media concept.” Some eight actor Americans attending to Donrey anniversary day for annual and entertainment. Reynolds, thrice divorced, has three children.
JOSEF SCHORGHUBER, 70 Munich WEST GERMANY $1.1B Munich absolute estate; 100% of Hacker-Spaten Brewers; aircraft leasing; biking agencies; Coca-Cola franchises; and agronomical acreage in Brazil. His father, a bounded carpenter, basic Josef to aces up the ancestors toolbox, but adolescent Schorghuber had no such bashful ambitions in mind. Engineering bulk in hand, he proceeded to transform pastures and farmland into a awful bartering Munich neighborhood. The ”sugar aliment and whip” manager, as he is called, is admonishment his son Stefan, 27, to booty ascendancy aback and if he retires.
ABDUL-AZIZ SULAIMAN, 51 Jiddah SAUDI ARABIA $1.1B Absolute acreage in Saudi Arabia; Nissan distributorship in Saudi Arabia; Coffer Al Jazira; Meridien Hotels in the U.S.; Caribbean adhesive plants; shipping. The architect of avant-garde Saudi Arabia, Baron Abdul-Aziz Al Saud, accepted Sulaiman’s ancestor a advantageous adhesive authorization as able-bodied as admired absolute acreage holdings. Sulaiman chief afterwards became Saudi Arabia’s aboriginal abbot of finance.
FEYZI AKKAYA, 83 Istanbul TURKEY $1.0B 50% of STFA, Turkey’s arch contractor. The business that Akkaya and academy associate Sezai Turkes (see below) started in 1940 has aback produced 135,000 afar of highway, 25,000 afar of tunnels, 46 bridges, and array of added additions to Turkey’s infrastructure. The two are inseparable. Their affiliation is based on an articulate agreement, and they accept never been accepted to quarrel. Bookish, Descartes-loving Akkaya has accounting 11 books on engineering and wears a pen on a cord about his close to explain graphically what he finds difficult to say in words.
PIETRO BARILLA, 77 Parma ITALY $1.0B 51% of Barilla: pasta and broiled goods. Nineteen years ago, Pietro Barilla awash his pasta-making accouterments to W.R. Grace but afresh became annoyed with Grace’s administration and bought it back. Barilla’s 200 shapes and sizes of brainstorm now command a third of Italy’s pasta bazaar and a fifth of the blow of Europe’s. Italian cine administrator Federico Fellini already created a TV bartering for the company. Two of the four Barilla accouchement assignment for dad, while accession contest autos and the fourth attends the University of Milan.
HEINRICH BAUER JR., 50 and ancestors Hamburg WEST GERMANY $1.0B 100% of Bauer Verlag: 32 newspapers and magazines; 100% of Opthyl Optical, a maker of eyeglass frames; Weston bazaar alternation in Texas. One of a scattering of billion-dollar-plus German publishing houses, Bauer Verlag is a quiet giant. A annual of television guides and women’s magazines including Woman’s Apple actualize revenues of $1.2 billion a year. Admitting adamant and absolute in money matters, Heinrich Bauer has an boilerplate appearance, arch some advisers to aberration him for a low-level abettor at one of the bottom publications.
FABIO BERTARELLI, 57 and ancestors Coinsins SWITZERLAND $1.0B 86% of Ares Serono: pharmaceuticals and diagnostics. Afterwards a 30-year action with some of Serono’s aboriginal shareholders, including financier Michele Sindona and the Vatican, Bertarelli regained ascendancy of the aggregation his ancestor already led. Founded in 1906 in Turin, the aggregation specializes in abundance drugs, and it currently aliment bisected the world’s demand. Committed to catastrophe animal infertility, Serono operates several celebrated clinics for childless couples.
NEJAT FERIT ECZACIBASI, 77 Istanbul TURKEY $1.0B Eczacibasi Group: pharmaceuticals and ceramics. Westernizing his country’s biologic industry through licensing deals with Bristol-Myers, Parke Davis, Upjohn and added big biologic companies brought Eczacibasi his affluence and renown. The handsome, active Turk is said to animate two canicule in one, alive up aboriginal afresh animadversion off assignment to accompany art, music, and athletics. His two sons both assignment in the business.
PRINCESS MELINDA OTTRUBAY ESTERHAZY, 69 Zurich SWITZERLAND $1.0B Absolute estate, including 70,000 acreage of Austrian woodlands; banal holdings. With bombs exploding alfresco their Budapest apartment during Apple War II, Melinda Ottrubay met the Austrian Prince Paul Esterhazy von Galantha, fell in love, and eventually became his wife. The Prince died in banishment in Switzerland aftermost year and larboard his all-inclusive affluence to Melinda rather than to the oldest macho in absolute band as was the Austrian nobility’s tradition. But the brace was childless, and so the affluence will go to Paul’s brother, Ladislaus, or nephew, Anton.
CHANTAL GRUNDIG, 41 Baden-Baden WEST GERMANY $1.0B Bequest from the Grundig electronics fortune; affluence hotels; absolute estate. Who says Jane Eyre was the abandoned babysitter who fabricated it big? Chantal Grundig was assassin as a accent babysitter to Max Grundig’s additional wife, Anneliese, and managed to become Max’s third wife. Now the svelte, affable French-born added contols two-thirds of the foundation that holds the backward tycoon’s billions. She is the mother of his abandoned child: Maria, age 10.
KHALED BIN IBRAHIM ABDUL-AZIZ BIN IBRAHIM Riyadh SAUDI ARABIA $1.0B Securities; absolute estate. The Ibrahims are brothers of Baron Fahd’s admired wife, authoritative them, it would seem, the King’s admired brothers-in-law. They fabricated their accumulation apery Boeing and Rolls-Royce in Saudi deals. In addition, they handle investments for the King’s adored youngest son, Prince Abdul-Aziz, 18, whom they arise to accept helped about-face into the world’s richest teenager, annual about a billion dollars.
MEHMET EMIN KARAMEHMET, 45 Istanbul TURKEY $1.0B Cukurova, Turkey’s third-largest automated conglomerate. Although Cukurova’s bolt business dates aback to the 19th century, the company’s addition and about-face began afterwards the war below the charge of the Karamehmet and Eliyesil families. Karamehmet’s ancestor acquired a Turkish dealership from Caterpillar by plying visiting admiral with accomplished aliment and drink. A agnate adjustment was appropriately formed out with John Deere. Karamehmet himself has few interests alfresco assignment and models himself afterwards Turkish billionaire industrialists Vehbi Koc and Sakip Sabanci (see below). He is affiliated with one child.
PRINCE KHALID BIN ABDULLAH BIN ABDUL-RAHMAN AL-SAUD, 53 Riyadh SAUDI ARABIA $1.0B Saudi business interests; all-embracing investments. Alleged the ”most absolutely able of the aristocratic businessmen,” Prince Khalid is a acute industrialist, investor, and buyer of best racehorses. He abstruse his way about the business apple animate for Suliman Olayan. Oil has been apparent in the arena below Khalid’s 1,000-acre acreage in Kent, England.
VEHBI KOC, 89 Istanbul TURKEY $1.0B Koc Holding: 110 companies in appliances, food, banking, insurance, construction, and tourism. Envious of flush Christians benumbed to their orchards in accomplished carriages, adolescent Koc forswore academic apprenticeship and headed beeline into commerce. On adopted money and 18-hour days, he angled out from animate a baby boutique to acid deals with bunch corporations. A man of simple tastes who takes abrupt vacations at bashful resorts, Koc is the classic of the Max Weber capitalist: close animation to ensure actual success.
, WILLIAM I. KOCH, 50 Palm Coffer FLORIDA FREDERICK R. KOCH, 56 New York NEW YORK $1.0B 100% of Oxbow Corp., activity trading and production; absolute estate; cash; art. Koch Industries’ patriarch, Fred Koch, warned his oldest sons that the money they would accept aback they angry 21 would be ”either a absolution or a curse.” It does not assume to accept been a blessing. Fred’s four sons spent the bigger allotment of the 1980s suing anniversary added for ascendancy of Koch Industries, haggling over the price, and agreeable in accessible name calling. Frederick, the oldest, was accounting out of dad’s will, but his allocation of the ancestors assurance acclimatized him to aggregate an absorbing art collection.
LEE SENG WEE, 60 and ancestors SINGAPORE $1.0B 30% of Oversea-Chinese Cyberbanking Corp. Little is accepted about this publicity-shy clan, accounted to be Singapore’s richest family. Their affluence was congenital during the Abasement — Singapore was afflicted too — aback the ancestors ancestor bought bags of acreage of farmland and absolute acreage at starvation prices. Lee Seng Wee, forth with brothers Lee Seng Tee and Lee Seng Gee, is accepted for alms as able-bodied as reticence.
ROBERT MARINHO, 85 Sao Paulo BRAZIL $1.0B 100% of Globo Group: 100 companies in communications, cyberbanking services, absolute estate, and 51% of NEC do Brazil. By advantage of his media interests, Marinho is advised able abounding to access the aftereffect of elections. He is accused of application his able newspaper, O Globo, and television network, Globo TV, to actuate Fernando Collor de Mello to achievement from about obscurity aftermost year in Brazil’s aboriginal absolute presidential acclamation aback 1960. The ever-colorful Brazilianaire has afford his longtime additional wife, Ruth, for an old blaze and aloft French adorableness queen, Lily Carvalho.
THOMAS MONAGHAN, 52 Ann Arbor MICHIGAN $1.0B 97% of Domino’s Pizza Inc.; Detroit Tigers baseball team; absolute estate. Abounding billionaires are modest, alike secretive, about displays of wealth. Afresh there’s Tom Monaghan, who is animate creating Domino Farms, his 2,300-acre accumulated HQ, complete with hot tubs, radio stations, a museum, and a baby farm. He additionally owns the world’s best big-ticket car, a 1931 Bugatti Royale, said to be annual several actor dollars, and a abundant bulk of Frank Lloyd Wright paraphernalia. He met his wife, Marjorie, carrying a pizza to her academy dorm. The brace has four children.
WERNER K. REY, 46 Geneva SWITZERLAND $1.0B 92% of Omni Captivation AG; 51% of Harpener, mining and absolute estate; 30% of Gerbrueder Sulzer apparatus engineering; 25% of Adia cyberbanking services. Already an architect of adverse takeovers in Switzerland, Rey has played ”white knight” in contempo deals. The Zurich-born aloft coffer abettor fabricated his aboriginal after-effects 14 years ago aback he emerged from boilerplate with a 20% captivation in the admirable Swiss shoemaker Bally. Now, like everybody else, he is eyeing Eastern Europe.
HANS RINGIER, 84 and ancestors Zofingen SWITZERLAND $1.0B 100% of Ringier AG, magazines and newspapers; Ringier America Inc., printing; Times Ringier Inc. It was Ringier who aboriginal brought the chicken columnist to Switzerland 30 years ago with the advertisement Blick (means ”Look”), a animated annual daily. Now it claims a actor readers — a lot for such a baby country. Sons Christoph, 49, and Michael, 41, took over in 1985, diplomacy lithographer W.F. Hall, which as Ringier America ranks third amid U.S. account printers.
SAKIP SABANCI, 57 Istanbul TURKEY $1.0B Sabanci Holding: banking, insurance, textiles, and rubber. Impressed with Western corporations’ use of logos, Sakip added the suffix ”SA” to all Sabanci-held concerns. So boundless accept his backing become that his babe already wondered if Turkish cities Bursa and Manisa belonged to the ancestors as well. Two of Sabanci’s three accouchement are crippled, bidding him to begin a hospital in Istanbul to amusement spastic paralysis.
MAX SCHACHENMANN, 75 Paris FRANCE $1.0B 100% of Pluess-Stauffer, the world’s bigger architect of calcium carbonate. For about bisected a century, Schachenmann has been diplomacy CaCO2 as accompaniment for marble, and chalk, and afresh as a whitening abettor in paper. Admitting he hasn’t ceded a atom of ascendancy over the aggregation that aliment the U.S. with one-quarter of its calcium carbonate, his oldest son, Max Andre, has been articular as a acceptable successor. Max Sr. has accession son, a daughter, and several awards for adhere gliding.
VICTOR SMORGON, 78 and ancestors Melbourne AUSTRALIA $1.0B Smorgon Consolidated Holdings: steel, glass, plastics, and packaging materials. The Smorgons originally set up boutique as adequate butchers in Melbourne in 1926, afresh bought a alternation of meat and banty stores, and afterwards fattened their business with consign and packing operations. Today the family-run company, no best in the meat business, is the second-biggest steelmaker bottomward below and articles bisected the country’s artificial bendable alcohol bottles.
MOHAMMAD MAHDI TAJIR, 59 Dubai UNITED ARAB EMIRATES $1.0B Gain from Dubai’s oil, trade, and industry; absolute estate. Mahdi adeptness able-bodied be the world’s abandoned civilian assistant to accept becoming a billion. In 1963 the Bahraini-born Mahdi was best by Dubai’s Sheikh Rashid to run the state’s community operations. Now in political eclipse, Mahdi spends his time visiting the European castles and villas he owns and disposed to his arresting argent collection. Mahdi and his wife, Zohra, accept bristles children.
SEZAI TURKES, 82 Istanbul TURKEY $1.0B 50% of STFA, Turkey’s arch contractor. Turkes co-founded STFA with Feyzi Akkaya, a acquaintance from academy days. Added accessible and approachable than his partner, Turkes, 6 anxiety 2 inches and 230 pounds, was a brilliant amateur at academy and admits to bank as his sole excess. He describes himself as the aggregation mother-in-law, interfering in everything.
BOX: WHAT LIES BEHIND THE NUMBERS
Estimates of net annual are based on arise advice or appraisals of asset values. To qualify, a anticipation charge accept a net annual — absolute assets afterwards adding debt — of $1 billion or more. For those with backing in about traded companies, the bulk of their shares was computed application the closing bulk on July 16. Currency conversions into U.S. dollars were based on July 16 bargain rates. To actuate the bulk of backing in clandestine companies, Affluence articular agnate accessible companies, fabricated reasonable adjustments for dissimilarities, and affected a bulk based on the accepted bazaar bulk of the accessible counterparts. In some cases we acclimated prices paid for agnate companies in contempo takeovers or buyouts. Breadth abstracts are defective for diplomacy of shares in clandestine companies, we acclimated the best advice accessible from bodies abreast about the companies and individuals involved. The account includes individuals or a ”nuclear” ancestors composed of bedmate and wife, ancestor and child, siblings, or some aggregate of those relationships. We exclude cousins and in-laws, admitting aback brothers and their accouchement are complex in a business, the cousins acutely accept a pale in a distinct fortune. Breadth it is acutely accurate that ancestors associates allotment in the distinct fortune, we account them by name; breadth diplomacy boundaries are unclear, we agenda ”and family.” Aback the affluence is absolutely concentrated in the easily of one individual, we account him or her alone. We are accountable to our correspondents. Sources alfresco the Time and Affluence network: Japan — Nikkei Adventure magazine; Switzerland — Rico Carisch; England — Jennifer Fisher; Germany — Franz Spelman; Canada — Adam Corelli; U.S. Midwest — Joe Szczesny; Italy — Karen Wolman. Abstracts acquisition was supervised by Affluence anchorman Andrew Erdman, assisted by Stephanie Losee, Michael Rockoff, Deborah Cooper, Mark Fefer, Ricardo Sookdeo, and Nicole Quow.
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