(FORTUNE Magazine) – SULTAN HAJI HASSANAL BOLKIAH MU’IZZADDIN WADDAULAH, 45 Bandar Seri Begawan BRUNEI $31.0 Oil and gas reserves; complete acreage about the world; investments. In tiny, tropical, oil-rich Brunei, what belongs to the accompaniment is controlled by the Sultan, the arch of one of the earth’s aftermost complete monarchies. An agog polo enthusiast, the world’s richest man can allow air-conditioned stables for his ponies.
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SAM MOORE WALTON, 73 and ancestors Bentonville ARKANSAS $21.1 39.3% of Wal-Mart. Aftermost year, with sales of $32.6 billion, Wal-Mart outsold not aloof the mom and pop aliment it’s been putting out of business in baby towns beyond America, but additionally bartering behemothic Sears, at atomic domestically. This achievement actually aerial the stock, authoritative the Waltons America’s richest family.
KING FAHD BIN ABDUL-AZIZ AL SAUD, 71 and ancestors Riyadh SAUDI ARABIA $18.0 , Saudi Arabia’s oil and gas resources. Fahd’s asset from pumping added oil during the Gulf crisis was account by the abounding ability he acquainted answerable to accelerate Gulf leaders and added alive of accompaniment during that period. Still, with admission to the absolute Saudi treasury, the Baron is in no distress. His abounding palaces accommodate a alcazar in Spain modeled afterwards the White Abode — but bigger.
ALBERT REICHMANN, 63 PAUL REICHMANN, 62 RALPH REICHMANN, 59 Toronto CANADA $12.8 100% of Olympia & York Developments Ltd.: European, Canadian, and American complete estate; securities. Admitting captivation appellation to huge chunks of depressed New York complete estate, accepting some $150 actor angry up in afar Campeau Corp. debt, and accepting taken a big action on developing London’s Canary Wharf appointment and retail complex, the Reichmanns are not affliction financially. The brothers’ allegorical austerity may accept helped: They generally backpack their own lunches and sometimes ride Toronto’s subway.
FORREST MARS SR., 87 Las Vegas NEVADA FORREST MARS JR., 60 McLean VIRGINIA JOHN MARS, 55 McLean VIRGINIA JACQUELINE MARS VOGEL, 50 Bedminster NEW JERSEY $12.5 100% of Mars Inc: M&M/Mars, Uncle Ben’s Rice, Pedigree pet food, Mars Electronics. Aftermost year, Americans ate added bonbon than ever: 21 pounds per person, up about a batter from 1989. The civic candied tooth is befitting the Mars ancestors pocketbook affably plump. Snickers still reigns as America’s admired chocolate, and peanut M&Ms are in third place. While Forrest Sr. resides aloft the Nevada annex breadth the aggregation makes a bandage of liqueur- abounding chocolates, Forrest Jr. and John run the company; their sister, Jacqueline, rarely becomes complex with management.
SAMUEL I. NEWHOUSE JR., 63 DONALD E. NEWHOUSE, 61 and ancestors New York NEW YORK $12.1 100% of Advance Publications and Newhouse Broadcasting. Si is the guy who accustomed Demi Moore’s actual abundant abdomen to be apparent on the awning of Vanity Fair. But neither the Newhouse family’s acclaimed Conde Nast magazines nor its chichi Random Abode and Alfred A. Knopf book publishers accumulation best of the ammunition for the ancestors fortunes. That comes from 31 newspapers, alignment from the Newark Star-Ledger to the Oregonian in Portland, which accompany in about alert the revenues of the attention-getting magazines and books.
QUEEN ELIZABETH II, 65 London ENGLAND $10.7 270,000 acreage of agronomical land; arch London complete estate; all-inclusive banal portfolio; art; jewelry; stamps; porcelain; furniture; racehorses. Aback Elizabeth II arise aftermost abatement that the aristocratic ancestors spends $105,169 a year on laundry and $62,656 on flowers, not all of England was charmed. In a contempo London Circadian Mail survey, 38% of respondents said the absolution is ”an big-ticket affluence the country could no best afford,” and 73% anticipation the royals should be taxed. Lese majesty!
TAIKICHIRO MORI, 87 Tokyo JAPAN $10.0 Mori Architecture Co., the third-largest architecture leasing aggregation in Japan; complete estate. Already a assistant at a bolt school, Mori admits he went into complete acreage development for the money. But he has aback arise to absorption his assignment as accessible account and his mission as acceptable his burghal with his adorable appointment buildings.
JOHN WERNER KLUGE, 76 Charlottesville VIRGINIA $7.1 95% of Metromedia Co.; complete estate; cash. The German-born Kluge congenital Metromedia into a aloft absolute television broadcaster, afresh awash best of the assets for about $3 billion in 1986 and started over. The ”new” Metromedia owns backdrop spanning a majority absorption in Orion Pictures to New York City’s Authority Hotel. Kluge is starting over in his claimed activity too. He and his belled ex-wife, Patricia, a aloft archetypal for a British bark magazine, afresh accomplished what was said to be an accordant divorce. The broken brace alive aloof two afar afar on a 10,000-acre acreage complete, it is said, with his and chastening crypts.
KENNETH R. THOMSON, 68 Toronto CANADA $6.7 69.3% of Thomson Corp.; 76.3% of Hudson’s Bay Co.; 80.56% of Markborough Properties; art; complete estate. Neighbors allege affectionately of Thomson, who stops them during strolls to allocution about dogs. Fur traders allege beneath affectionately of him, anytime aback the Thomson-controlled Hudson’s Bay aliment chock-full affairs fur aftermost winter. An animal-rights activist, Thomson additionally controls Canada’s second- bigger bi-weekly chain, England’s bigger bender operator, and Britannia airways. His wife, Marilyn, cuts his hair.
GERALD GROSVENOR, 39 and ancestors Chester ENGLAND $6.6 Complete acreage holdings, including 300 acreage in London’s Mayfair and Belgravia areas, and bartering complete acreage in Hawaii, Chicago, Boston, and San Francisco. The Queen’s aloft gynecologist came out of retirement to bear Gerald Grosvenor’s aboriginal son, Hugh, in January. Said Grosvenor, the sixth Duke of Westminster, on the occasion: ”Every ancestor would like a boy. That’s animal nature.” That’s additionally English bequest laws. Afterwards little Hugh, the appellation ”Duke of Westminster” would accept died with Grosvenor, who affiliated his abundance from his father.
CHUNG JU-YUNG, 75 and ancestors Seoul KOREA $6.5 27.5% of Hyundai. With aloof a grade-school education, Chung has fabricated a affluence in construction, abundant industry, and autos. Boldness rather than planning brought his success, and he has been abnormally advancing overseas. Hyundai was the aboriginal Korean architecture aggregation to body bridges in Alaska, accommodation in Guam, and highways in Thailand.
GAD RAUSING, 69 Sussex ENGLAND HANS RAUSING, 65 London ENGLAND $6.3 100% of TetraPak, liquid-food packaging. The Rausing brothers affiliated the aggregation from their father, artist of a tetrahedron-shaped carton that revolutionized liquid-food packaging. Hans is now TetraPak chairman; Gad is carnality administrator but now and afresh takes time off to accord archaeology lectures at Sweden’s University of Lund. Swedish by birth, both Rausings abstain exhorbitant taxes by alive in England.
KENKICHI NAKAJIMA, 70 and ancestors Kiryu JAPAN $5.6 80.9% of Heiwa, the world’s bigger maker of pachinko machines; complete estate. ”Money is a traveler. Aloof aback you get adequate with it, it takes off,” says Nakajima, a Japanese who larboard Korea for Japan as a jailbait in 1937. The aggregation he founded makes a pinball-like bold accepted with millions of affected businessmen who relax over a few ambit afterwards work. How does Nakajima feel actuality one of the world’s richest? ”I was captivated at first. Now I’m aloof acclimated to it.” Hm-m-m-m-m-mm.
ESTEE LAUDER, 83 and ancestors New York NEW YORK $5.2 100% of Estee Lauder Inc. The tenacious, accommodating cosmetics queen no best has abundant to do with the circadian administering of the aggregation she founded. Son Leonard is CEO, while adolescent son Ronald, aloft U.S. agent to Austria, is activity about for advance opportunities in the bygone antipathetic bloc. Aloof as agilely as Lauder alive her Eastern European immigrant roots, Ronald is digging to accretion them.
MAKTOUM BIN RASHID AL MAKTOUM, 50 and ancestors Dubai UNITED ARAB EMIRATES $5.0 Oil; investments. The titular arch of the oil sheikhdom of Dubai aback the afterlife of his ancestor aftermost August, Maktoum shares ability abundantly with his three brothers. Accepted to be acute and a bit passive, Maktoum is outmuscled by his bull brother Muhammed, the Minister of Defense, whose aggregation of British admiral accredit to him as ”the Boss.”
ANNE COX CHAMBERS, 71 Atlanta GEORGIA BARBARA COX ANTHONY, 68 Honolulu HAWAII $4.8 97% of Cox Enterprises. Few would admit the faces of two of America’s richest women, the Cox sisters. They can allow a adequate privacy. Barbara has continued resided in Honolulu, while Anne, aloft agent to Belgium, divides her time amidst a bean farmhouse in southern France, her Atlanta mansion, and her Manhattan apartment. The bi-weekly and advertisement aggregation they affiliated from their baby-kisser ancestor (flagship: the Atlanta Constitution) is run by Barbara’s son, James Cox Kennedy.
CHARLES KOCH, 55 Wichita KANSAS DAVID KOCH, 51 New York NEW YORK $4.7 80% of Koch Industries. Charles and David ascendancy the Koch (pronounced Coke) ancestors empire, which includes oil refineries, beasts ranches, and actinic factories, but at a aerial price. They bought out brothers William and Frederick (see below) for a arise $620 actor in 1983 afterwards a absinthian proxy fight. Abounding lawsuits later, the two factions are still not on speaking terms. Koch admiral and aggregation admiral own the actual 20%.
WARREN EDWARD BUFFETT, 61 Omaha NEBRASKA $4.4 45% of Berkshire Hathaway. ”I tap-dance into work, and afresh I apprehend and allocution on the buzz for seven or eight hours, and afresh I go home and apprehend some more,” CEO Buffett told shareholders at the 1991 Berkshire Hathaway anniversary meeting. The aloof Nebraskan is America’s best acknowledged investor, and Berkshire Hathaway banal afresh traded at a aerial $8,750 per share, its aerial for the accomplished 12 months.
JAY PRITZKER, 69 ROBERT PRITZKER, 65 and ancestors Chicago ILLINOIS $4.2 100% of Hyatt Corp.; 100% of Marmon Group; 85% of Ticketmaster; 99% of Conwood chewable tobacco. Name an industry and the abutting Pritzkers, best of whom are lawyers, are apparently complex in it. Over the years they accept acquired companies in aluminum tubing, covering tanning, adhesive mining, chewing tobacco, ecology consulting, bales car leasing, medical aliment — additional their acclaimed Hyatt hotels.
TSAI WAN-LIN, 66 and ancestors Taipei TAIWAN $4.2 48% of Cathay Activity Insurance. Tsai stepped bottomward as administrator of Cathay Activity aftermost year, allowance the way for son H.T., age 40. Built-in to a poor rice farmer, Tsai lives humbly, abstention publicity and authoritative his home in an alert accommodation architecture abreast Cathay headquarters.
EDGAR M. BRONFMAN, 62 New York NEW YORK CHARLES R. BRONFMAN, 60 Montreal CANADA PHYLLIS BRONFMAN LAMBERT, 65 and ancestors Montreal CANADA $4.1 37.6% of Seagram Co.; 50% of Huang & Danczkay Properties; cash. While health- acquainted North Americans alcohol less, aback they do imbibe, they favor the bigger stuff. So it’s been a flush recession for Seagram, which distills Chivas Regal and Martell cognac. The Bronfmans began affairs alcohol beneath the Seagram characterization during Prohibition. In case abnegation becomes widespread, 35- year-old CEO Edgar Jr. has adapted into Tropicana bake-apple juices.
PERRY BASS, 77 SID RICHARDSON BASS, 48 EDWARD PERRY BASS, 46 ROBERT MUSE BASS, 43 LEE MARSHALL BASS, 34 Fort Account TEXAS $4.0 Investments in Disney; securities; complete estate. The Bass ancestors affiliated barrels of oil money from their uncle Sid Richardson, invested it brilliantly, and concluded up with 100 times more. They accept been giving the banknote away in Texas-size handfuls, including $25 actor to Stanford and $80 actor to Yale — some of it for the abstraction of Western civilization.
ERIVAN KARL HAUB, 59 Mulheim GERMANY $4.0 100% of Tengelmann AG, Germany’s bigger exchange chain; 52% of Great Atlantic & Pacific Tea Co. Thrifty, methodical, and quiet, Haub is an agog environmentalist who was amidst the aboriginal German retailers to debris to advertise phosphate detergents, turtle soup, and frog legs. Proof that censor allegation not baffle with commerce: 414 new Tengelmann aliment opened in 1990, and sales rose 13%.
ZAYED BIN SULTAN AL NAHAYAN, 76 and ancestors Abu Dhabi UNITED ARAB EMIRATES $4.0 Oil; investments. His capacity admire Zayed as brave, generous, wise, and actually honest. But he has a majority pale in the abominable Coffer of Credit & Business International. The ancestor of 41 children, he frequently takes his four-wheel-drive auto into the arid to coursing and chin-wag with the tribesmen & — or maybe aloof to get away from the kids.
JOHANNA QUANDT, 64 SUSANNE QUANDT, 28 STEFAN QUANDT, 25 Bad Homburg GERMANY $4.0 60% of BMW; securities. The bashful Johanna adheres to a Quandt ancestors maxim: ”Never say annihilation and consistently accumulate out of the accessible gaze.” Third wife and added of Herbert Quandt (who acquired BMW in 1959), she was aftermost gazed aloft in 1986. Babe Susanne affiliated a shipbuilder aftermost year. Son Stefan is belief economics.
OTTO BEISHEIM, 69 Baar SWITZERLAND $3.9 33% of Metro Group; retail outlets; 33% of Pelikan, appointment accessories manufacturers. Beisheim is everywhere — and nowhere. Metro Accumulation managers don’t apperceive the boss’s face because he communicates via fax from his villas about the world. An aberration amidst self-made billionaires (who tend to get started young) he was already 40 aback he angry administrator and opened his aboriginal Metro cash-and-carry abundance in Mulheim an der Ruhr.
WILLIAM GATES III, 35 Seattle WASHINGTON $3.9 33.5% of Microsoft. The software behemothic founded 16 years ago by Harvard dropout Gates and pal Paul Allen (see below) continues to bandy its weight around. Led by the advancing Gates, Microsoft bankrupt with longtime accessory IBM over which of two operating systems to promote, and is accretion aggressively into new areas, including an cyberbanking concordance and thesaurus.
GIANNI AGNELLI, 70 and ancestors Turin ITALY $3.8 39.4% of Fiat Group; art. Fiat profits plunged 55% in 1990, and bleak analysts say they’ll be bisected afresh in 1991. ”The cephalalgia stays afterwards the party’s over,” quipped Agnelli at the Fiat anniversary meeting. Agnelli’s anchor on the accessible acuteness shows no assurance of abatement in bike with Fiat earnings: At atomic 20 books accept been accounting about the arrogant man and his money. His adolescent brother will booty over the aggregation in 1996 because Agnelli’s son, Edoardo, according to his father, ”is not a businessman.”
JOHN PAUL GETTY, 59 London ENGLAND GORDON PETER GETTY, 57 San Francisco CALIFORNIA $3.8 Trusts; inheritance; investment. Admitting J. Paul Getty charcoal an American citizen, his roots are sunk abysmal in English sod. He has aloof congenital a alcazar in Buckinghamshire, become a fan of cricket, and been reunited with old blaze Victoria Holdsworth, onetime Nivea chrism model. Brother Gordon seems aloof as – accepted in San Francisco, breadth he lives with his red-haired socialite wife, Ann.
LORD ALAN SAINSBURY OF DRURY LANE, 89 SIR ROBERT SAINSBURY, 85 LORD JOHN SAINSBURY OF PRESTON CANDOVER, 63 DAVID SAINSBURY, 50 London ENGLAND $3.8 35.7% of Sainsbury’s: supermarkets. While added British retailers struggled aftermost year, Sainsbury’s profits rose 20%. To explain his family’s success, David Sainsbury quotes McDonald’s architect Ray Kroc, ”We aloof booty hamburgers added actively than anybody else.” Aback the aboriginal Sainsbury grocery opened in 1869, four ancestors accept taken food-selling actively indeed. Lord John alone tastes abounding articles to be marketed beneath the Sainsbury label.
KENNETH COLIN IRVING, 92 Hamilton BERMUDA JAMES KENNETH IRVING, 62 New Brunswick CANADA ARTHUR LEIGH IRVING, 59 New Brunswick CANADA JOHN E. IRVING, 57 New Brunswick CANADA $3.7 Timberland in Canada and Maine; agenda mills; Irving Oil; newspapers; shipbuilding; oil tankers. ”We aloof run a small, family-owned Maritime business,” says James Irving somewhat disingenuously. Irving companies apply one in 12 New Brunswick association and own best of the province’s newspapers, in which — not decidedly — belief about the backstairs ancestors hardly appear. Ancestor K.C., said to be ailing, has angry the reins over to his three sons, who, like Dad, are academy dropouts.
GARFIELD WESTON, 64 London ENGLAND GALEN WESTON, 50 Toronto CANADA $3.6 58% of George Weston Ltd.; Holt-Renfrew stores; 63% of Associated British Foods. The Weston brothers run two agnate businesses on altered continents, both of them conservatively. Garfield (”Garry”) has congenital ABF into Europe’s ninth-largest aliment company, and admitting his abhorrence for acquisitions, afresh bought British Sugar. Galen runs the North American exchange alternation Loblaws, which has asperous the recession alluringly abundant so that he can abide to comedy polo and accompany with royalty.
LESLIE WEXNER, 54 and ancestors Columbus OHIO $3.6 32% of the Limited; 7.5% of Sotheby’s Holdings. Starting with a baby Columbus accouterment shop, the affable Wexner relentlessly congenital a alternation of some 4,000 stores, including the Limited and Victoria’s Secret, earning himself the acceptability of a affairs genius. Wexner seems to be activity at alms with the aforementioned determination: In March he gave an agitative $250 actor to the Ohio College Apprenticeship Trust. Aback Wexner is a bachelor, his ancestors is his mom and his sister.
SHIN KYUK-HO, 68 and ancestors Seoul KOREA $3.5 4% of Lotte Group: complete estate, hotels, confectionery, administering stores. Shin delivered milk and newspapers in his youth, confused to Japan aback he was 21, and afresh fabricated his money in chewing gum. The success of his bonbon and administering abundance accumulated in both Japan and Korea is generally attributed to his ability for promotion.
KICHINOSUKE SASAKI, 59 Tokyo JAPAN $3.4 100% of Togensha, a complete acreage firm. Doctor-turned-developer Sasaki has not had a advantageous year. He had to advertise backdrop to pay aback loans, and his net account plunged by $2.3 billion. Afresh he was bedeviled by some 200 Americans animadversion on his aperture acquisitive to advertise him something. Sasaki believes best of these exceptionable suitors apprehend about him in listings like this one. Says a spokesman: ”It’s been terrible.”
A. ALFRED TAUBMAN, 67 Bloomfield Hills MICHIGAN $3.4 43% of Sotheby’s Holdings; Woodward & Lothrop; John Wanamaker; A&W Restaurants; complete estate; art. Beginning his career putting up bartering barrio in burghal Detroit, Taubman confused on to gas stations and afresh to developing arcade malls. Now he has invested in Sotheby’s, which markets pictures and added artworks with ample panache. Aftermost year son Robert stepped into the top atom at the ancestors company.
JOHN T. DORRANCE III, 47 Devils Belfry WYOMING BENNETT DORRANCE, 45 Paradise Valley ARIZONA MARY ALICE DORRANCE MALONE, 41 Coatesville PENNSYLVANIA $3.1 32% of Campbell Soup Co. The advancing new Campbell Soup CEO David Johnson has additional operating profits about 30% in the accomplished year and vows to accumulate the calefaction aerial beneath the pot. That boils bottomward to one affair for the Dorrances, birth of Campbell architect John T. Dorrance: alike added money.
RONALD OWEN PERELMAN, 48 New York NEW YORK $3.1 100% of MacAndrews & Forbes Holdings: Revlon, Coleman Co., 40% of Civic Bloom Laboratories, 60% of Marvel Comics, S&Ls. Perelman spent the year affairs off pieces of the accumulating accumulated he put calm during the 1980s. The short, balding ex-raider awash two corrective curve to Procter & Action in April and took 40% of Marvel Comics accessible in July. The gain are advantageous bottomward his abundance of debt.
RICHARD M. DeVOS, 65 Ada MICHIGAN $3.0 50% of Amway. DeVos and business accomplice Jay Van Andel (see below) started Amway in 1959, but it wasn’t until the 1980s that this arbitrary company’s sales took off. Revenues tripled in the accomplished seven years as one actor abnormally assertive Amway distributors got the adhere of angrily casting domiciliary cleaners, detergents, cosmetics, and vitamins to anyone who would listen.
FRIEDRICH KARL FLICK, 64 Munich GERMANY $3.0 Cash; investments. Aback signing over his automated authority to Deutsche Coffer six years ago, Flick has acclimatized into a luxurious, private, and batty existence. He employs about 100 bodies as bodyguards and drivers, and resides in a alcazar able with a bomb accommodation and bullet-proof glass. In December he assuredly affiliated his longtime companion, Ingrid Ragger, who is 30 years his inferior and had been aggravating to hustle him bottomward the aisle.
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KONRAD HENKEL, 76 and ancestors Dusseldorf GERMANY $3.0 100% of Henkel Group: detergents, aseptic products, chemicals, and epoxies. Aback German reunification, Henkel Accumulation has been affairs up East German factories that accomplish lubricants, adhesives, and detergents, and afresh abrading out the jobs of about 65% of the workers at some plants. Konrad Henkel concluded his 30 years at the captain of the charwoman behemothic in December and angry over the mop to his nephew Albrecht Woeste.
H. ROSS PEROT, 61 Dallas TEXAS $3.0 Perot Systems Corp.; cash; complete estate; oil and gas production. Perot is coy about breadth he invested the huge wad of banknote generated from the 1984 auction of his Cyberbanking Data Systems to General Motors. Says he: ”Most of my business is liquid. Best of it we accumulate in high-quality investments.” He has additionally been agilely affairs into the oil and gas business.
MARC RICH, 56 Zug SWITZERLAND $3.0 50% of Marc Affluent & Co., bolt trading. He’s basic in the U.S. for tax evasion, so Marc Affluent sticks abutting to home in Switzerland — beginning he cannot be extradited. But abundant of his business continues in America. He allegedly owns a pale in Ravenswood, a West Virginia aluminum company. Angry aluminum workers descended on Zug in June, creating a stir. The abutment assembly basic , Affluent to apply his access on their account in a absinthian activity dispute. As usual, the financier is actuality cagey.
RINJI SHINO, 82 Wakayama JAPAN $3.0 Assorted abetment in complete estate, art, restaurants, gas stations, manufacturing, and services. Unassuming and friendly, Shino is both billionaire and bookworm. While architecture an airport belfry in Osaka that he hopes will audacious Tokyo’s, he relaxes by account books in French and Spanish, accession Ukiyo-e copse blocks, and arena golf.
JAY VAN ANDEL, 67 Ada MICHIGAN $3.0 50% of Amway. Agog political conservatives, Van Andel and Amway co-founder Richard DeVos are additionally ascetic environmentalists. Amway awash biodegradable articles continued afore it became fashionable, and the aggregation was commended by the United Nations for its assignment absorption the environment. Van Andel and DeVos accept eight accouchement amidst them — seven are Amway employees.
Y. C. WANG, 74 Y. T. WANG, 69 and ancestors Taipei TAIWAN $3.0 45% of Formosa Taffeta Corp.; 37% of Formosa Actinic & Fibre Corp.; 30% of Formosa Plastics Corp.; 18% of Nan Ya Plastics Corp. While brother Y.T. charcoal in Taipei, Y. C. Wang, Taiwan’s plastics king, has briefly forsaken Asia for New Jersey. Apparently he’s affronted with environmentalist action and authoritative foot-dragging, which accept adjourned architecture of a huge naphtha arise bulb he wants to body at home. Y.C. has been declared as an adamant crammer who hates to absorb money on himself. His wife has to bastard new clothes into his closet.
SUMNER REDSTONE, 68 and ancestors Newton Center MASSACHUSETTS $2.9 100% of Civic Amusements Inc. Redstone has a lot to acknowledgment for: $7.50 cine tickets and Roseanne Arnold (formerly Barr). In 1954 the Harvard Law alum abutting his father’s company, Civic Amusements, which is today one of the bigger motion account circuits in the United States. It additionally controls Viacom, the aggregation that brings you Roseanne. Redstone has lectured on ball law at Boston University.
EDWARD GAYLORD, 72 Oklahoma Burghal OKLAHOMA $2.7 Oklahoma Publishing and Gaylord Broadcasting; Opryland USA; complete estate. ”Everybody brand country music,” according to Ed Gaylord. The tough, ultraconservative crammer claims Opryland USA, his sprawling country-music affair esplanade in Nashville, is ”easily account $1 billion.” Gaylord still works Saturday mornings and says he ability appraise retirement in ten years or so.
ARTURO FERRUZZI, 51 FRANCA FERRUZZI, 53 ALESSANDRA FERRUZZI, 36 Ravenna ITALY $2.6 Ferruzzi Finanziaria: agribusiness, energy, newspapers, and 40% of Montedison chemicals. ”Only a bandit is accursed like that,” complained a absinthian Raul Gardini afterwards his adjournment in June as arch of Ferruzzi. What berserk relations amidst the Ferruzzi ancestors and Gardini, bedmate of the earlier sister, could be the accountable of admirable opera were Giuseppe Verdi still around. The Ferruzzis reportedly came to disbelief their advancing brother-in-law, who seemed absorbed on accumulation ability in his own hands. So they tossed him out and replaced him with Arturo.
AUGUST VON FINCK, 61 WILHELM VON FINCK, 63 and ancestors Munich GERMANY $2.6 Complete acreage in and about Munich; 90% of Lowenbrau breweries; cash. With the auction of Merck Finck Coffer to Barclays aftermost fall, the von Finck ancestors beggared with the basis of its wealth. None of the von Fincks basic the liabilities associated with owning a coffer that had become so big and influential. What charcoal of the authority has been disconnected amidst brothers August (he gets the businesses) and Wilhelm (the land).
LIEM SIOE LIONG, 75 and ancestors Jakarta INDONESIA $2.6 Abounding and fractional affairs of over 500 companies, including Indocement, Indosteel, Indomilk, Coffer Central Asia Group, and Bogasari Flour Mills. ”Oom (Uncle) Liem,” as he is accepted to abutting associates, is award Indonesia too baby for his huge appetite. He is architecture a approach oil processing bulb in the Soviet Abutment and affairs Indonesian bolt in Eastern Europe. Built-in a barbarian in southern China, Liem has afresh acquired a affable oil bulb in his built-in land.
LI KA-SHING, 63 HONG KONG $2.6 35% of Cheung Kong Holdings: 39% of Hutchison Whampoa, 90% of Canadian Imperial Coffer of Commerce, securities, complete estate. At 13, Li was peddling artificial toys and alive the night shift; today the companies he controls accomplish up 15% of the aggregate of the Hong Kong banal market. Who says alone in America? The origins of his fortune: Hong Kong complete estate.
KARL ALBRECHT, 71 Essen GERMANY THEO ALBRECHT, 68 Mulheim an der Ruhr GERMANY $2.5 100% of ALDI: 3,568 supermarkets throughout Europe and the U.S.; 10.9% of Albertsons, a Boise-based exchange chain. Brothers Karl and Theo congenital a baby grocery in Essen into a food-retailing authority accession from Dresden to the American heartland. The Albrechts’ basic emporiums are amidst on the apprenticed of towns, affectation their articles in agenda boxes, and advertise tinned rather than beginning meat. Would you be afraid to apprehend that ALDI aliment are a bigger hit in East Germany than in the U.S.?
FREDERIK H. FENTENER VAN VLISSINGEN, 58 JOHN ARTHUR FENTENER VAN VLISSINGEN, 52 PAUL FENTENER VAN VLISSINGEN, 50 Hilversum NETHERLANDS $2.5 70% of Steenkolen Handels Vereniging: energy, atom metal, retailing; Noro Group: investments; Flint Holding: investments. The Fentener affluence is founded on a abundance of coal. Paul runs SHV, while Frederik is top man at Flint Holding, the family’s advance vehicle. Shareholders in brother John’s advance abutting are alleging that the abutting manipulated their investments to added its own interests, and they are ambitious that it pay damages. The abutting denies the charges.
HENRY LEA HILLMAN, 72 Pittsburgh PENNSYLVANIA $2.5 Hillman Co.: complete estate, 49% of Exide Battery; Stuarts Drug & Surgical Accumulation Inc.; stockholdings. ”I abhorrence publicity,” says Hillman. The reason: ”It’s easier to accomplish afterwards accepting your name in the papers.” Consequently, few apperceive that he is one of the bigger complete acreage developers in the country, architecture multimillion-dollar bartering projects, best afresh an appointment esplanade in Los Angeles and the Aviara resort abreast Carlsbad, California. He is additionally an broker in medical and biotech companies.
ESTHER KOPLOWITZ, 41 ALICIA KOPLOWITZ, 39 Madrid SPAIN $2.5 98% of Construcciones y Contratas, a arch Spanish architecture firm; 50% of Fomentas de Obras y Construcciones, construction; 40% of Portland Valderrivas, a adhesive company; securities. Aback they accompanying unloaded their husbands, ”los Albertos,” aftermost year, the Koplowitz sisters alive away their pale in Banco Zaragozano and in the advance aggregation Cofir as allotment of the settlement. Pocket change to Spain’s richest women, accepted as las marquesas but in actuality the daughters of a flush Polish Jew who fled Hitler and started what became Conycon in Madrid. The girls accept aback appear the alliance of their ancestors architecture aggregation with Fomentas de Obras y Construcciones, which they partly own.
SULIMAN SALEH OLAYAN, 72 Riyadh SAUDI ARABIA $2.5 Olayan Group: agronomical and chump products, finance, complete estate, and more. Olayan jokes that his admired aliment is American hamburgers, but he additionally appears to accept an appetence for American coffer shares. He owns stakes in Chase Manhattan, Mellon, and bristles others. He additionally owns Saudi Arabia’s alone Coca-Cola franchise, and business boomed aback the Gulf war deposited agog American soldiers in the desert.
SULAIMAN ABDUL-AZIZ AL RAJHI, 63 and ancestors Riyadh SAUDI ARABIA $2.4 51% of Al Rajhi Cyberbanking & Advance Corp.; complete estate; agronomical enterprises. The Al Rajhis, like added affecting Saudis, barrage from the aforementioned ”elite” arid plateau alfresco Riyadh as Baron Fahd — the Arab agnate of associates in Skull & Bones. Sulaiman allegedly got started in the money- alteration bold affairs gold from pilgrims in Mecca, packing it in sacks, and about acrimonious a adventurer to backpack it to his brother in Riyadh, breadth it fetched a college price. According to legend, the brothers never absent a accession to bandits.
SILVIO BERLUSCONI, 55 Milan ITALY $2.3 100% of Finivest: TV networks, complete estate, insurance; 74% of Standa administering stores. Afterwards black careers as a bells photographer, an electric besom salesman, and a singer, Berlusconi plunged into that abiding billionaire-maker, complete acreage development. But Italy is accepting a little cramped, and to accounts adopted amplification Berlusconi is planning a accessible banal offering. The best boastful of Italy’s billionaires, he owns seven homes, including two villas alfresco Milan.
KARL HEINZ KIPP, 67 Arosa SWITZERLAND $2.3 Bartering and resort complete estate; cash. ”I am about 70 years old, and I do no business whatsoever anymore,” says Kipp aback asked about his cyberbanking dealings. Contempo investments in Swiss resorts and a St. Moritz auberge assume to be absolutely for kicks. Aback affairs off his Massa aliment in 1985, Kipp has done article appreciably attenuate amidst billionaires: retired.
THOMAS SCHMIDHEINY, 46 St. Gallen SWITZERLAND STEPHAN SCHMIDHEINY, 44 Zurich SWITZERLAND ALEXANDER SCHMIDHEINY, 41 Calistoga CALIFORNIA $2.3 Nueva: architecture supplies; Unotec: high-tech investing; 26% of SMH watch manufacture; 6% of ABB electronics; Anova: packaging and complete estate; Holderbank Financiere Glarus Ltd., cement; Cuvaison winery. Like all Gaul, the Schmidheiny authority is in three parts. Environmentalist Stephan adapted the architecture abstracts operations from an asbestos maker into a behemothic captivation aggregation with stakes in array of businesses. Thomas has broadcast and adequate the adhesive aggregation by afraid to cement. Alexander’s Napa Valley Cuvaison winery makes amidst the best bounded Chardonnays.
GENSHIRO KAWAMOTO, 59 Tokyo JAPAN $2.2 Marugen Co.: complete acreage in Japan, Hawaii, and California. Kawamoto says he yearns for the day complete acreage is admired as respectable, and speculators, who ”don’t advance from the heart,” get out of the market. A bachelor, he is apathetic by golf and would rather absorb his canicule bulldozing acreage to actualize new parks in Japan.
WALTER KWOK, 41 THOMAS KWOK, 40 RAYMOND KWOK, 39 HONG KONG $2.2 48% of Sun Hung Kai Properties. The Kwok ancestors has apprehensive roots in Canton, and ancestor Kwok Tak-Seng, who died in 1990, began to advance alone aback he became a salesman for a Japanese attachment manufacturer. Touched by the agony of refugees exhausted China in the 1950s, he set up a company, Sung Hung Kai, to body accommodation for them. It’s the old adventure of accomplishing able-bodied by accomplishing good, and Sung Hung Kai is now Hong Kong’s bigger landowner.
RUDOLF AUGUST OETKER, 74 and ancestors Bielefeld GERMANY $2.2 100% of Oetker Group: food, breweries, chemicals, insurance. Oetker men are private, the women outspoken. Rudolf Oetker, whose barmy fortunes arise from baking powder, shrouds his activities from the accessible gaze. But his angry wife, Maja, is alive and articulate in bounded politics. Aback a abridged appear Oetker’s son, August, was accepting a divorce, August kept bashful abaft the adamant fence that surrounds his home. Meanwhile, his sister, Rosely, gives aboveboard interviews about her political views.
LAURENCE ALAN TISCH, 68 Rye NEW YORK PRESTON ROBERT TISCH, 65 and ancestors Harrison NEW YORK $2.2 28% of Loews Corp.: includes 23% of CBS; stakes in assorted banks; 50% of the N.Y. Giants. Remember the gnomes of Zurich? The Tisches are the gnomes of New York. Laurence, the G-in-chief, hardly talks about his investments, but Wall Street watches every dollar about as anxiously as he does. The acute money laughed aback he went into coffer stocks aftermost year, afresh promptly followed him. Aback January the accumulation is up 50%. There’s a new gnomeling in the ancestors with some absorbing genes: Charles, built-in to Preston Robert’s son Jonathan and wife Laura in April. Charlie’s added appreciative grandpa: financier Saul Steinberg.
WILLIAM BERNARD ZIFF, 61 and ancestors Manalapan FLORIDA $2.2 100% of Ziff Communications, computer magazines; complete estate; cash. Aback a bender with blight prompted Ziff to advertise his 24 acknowledged chump and barter magazines in 1984, he was larboard with aloof a scattering of straggling computer magazines. Today those already aged publications, including PC Magazine, accept mirrored their owner’s acknowledgment to bloom and are advancing amidst Dickensian adamantine times in the anniversary industry.
WALTER H. ANNENBERG, 83 Wynnewood PENNSYLVANIA $2.1 Cash; complete estate; actor and postimpressionist art. The son of an East Prussian immigrant, Annenberg fabricated his affluence publishing the Circadian Antagonism Form, Seventeen, and TV Guide. Three years ago he awash his Triangle Publications to Rupert Murdoch, and aftermost bounce he ancestral his billion- dollar art accumulating to New York City’s Metropolitan Museum of Art. Anytime the connoisseur, Annenberg offered to repaint the New York Burghal mayor’s case abode aback he lunched there recently.
TED ARISON, 67 and ancestors Tel Aviv ISRAEL $2.1 71% of Carnival Cruise Lines; majority affairs of the Miami Calefaction pro- basketball team. Afterwards Ted Arison there would accept been no TV Adulation Boat. The Israel-born administrator originated the abstraction of a cruise as accident for the masses — complete with gambling, disco, abounding liquor. He hasn’t had the aforementioned ability for banking. Ensign, the ailing austerity he has endemic aback 1983, was taken over by the federal government aftermost year.
MARVIN DAVIS, 66 Los Angeles CALIFORNIA $2.1 Davis Cos. Group: Davis Ball Co., Davis Oil Co.; Miller Davis Co., complete acreage development. Beyond than activity and — adorable like 300 pounds on the ankle — apparently beyond than any added billionaire, Davis has a allegorical adroitness for the fast buck. Aftermost fall, ten years afterwards accepting California’s airy Pebble Beach golf resort, he awash it to a Japanese golf advance baron for a accumulation of added than $400 million.
CARLO DE BENEDETTI, 56 Turin ITALY $2.1 45% of Cofide: 43% of Olivetti. Already hailed as the archetypal European , entrepreneur, De Benedetti has had his allotment of troubles lately. Computer maker Olivetti is mired in its fifth beeline year of crumbling earnings; 7,000 workers were afresh laid off and the allotment cut. Moreover, he is now on balloon for counterfeit bankruptcy, admitting he denies all charges. An absolution is expected.
SRICHAND P. HINDUJA, 55 London ENGLAND GOPICHAND P. HINDUJA, 50 London ENGLAND PRAKASH P. HINDUJA, 46 Geneva SWITZERLAND ASHOK P. HINDUJA, 40 Bombay INDIA $2.1 100% of Hinduja Group: barter in steel, ores, fertilizers; oil; advance banking; actinic and biologic manufacturing. Parmanand Hinduja got started in activity trading broiled bake-apple and tea with Iran. Able ties to the backward Shah helped this Pakistani’s business flourish, and he larboard his four sons some $4 million. The kids were no beneath adept. A appropriate about-face in adherence from the Shah to the Ayatollah and an added flush Middle East enabled the Hindujas to parlay their bequest into a trading aggregation with business in 50 countries. Sound too easy? Abounding anticipate so, including the Indian government, which has answerable the Hindujas with actionable kickbacks.
SIR JOHN MOORES, 95 and ancestors Formby ENGLAND $2.1 100% of Littlewoods Organization: mail order, retail stores, football pools, archive shops. Littlewoods acquaint a 46% access in pretax profits aftermost year but has been because offers for its acme jewel, the Home Arcade archive business. The admirable Sir John, who founded the aggregation in 1923, still serves as president. But administering of Littlewoods has been angry over to outsiders.
LAURANCE S.ROCKEFELLER, 81 DAVID ROCKEFELLER, 76 New York NEW YORK $2.1 Ancestors trusts; stocks and bonds; complete estate; adventure capital. The fruits of the Rockefeller trusts, accustomed in 1934, are aggregate by 83 ancestors members. This summer the abetment got added banknote aback Mitsubishi Acreage Co. paid $416 actor to access from 58% to 80% its affairs of the Rockefeller Group, allotment buyer of New York City’s Rockefeller Center and Radio Burghal Music Hall. David, the administrator of the lath of the Museum of Avant-garde Art, is alive on the Manhattan alms circuit. His and Laurance’s ten accouchement and their 12 cousins additionally backpack on the ancestors attitude of philanthropy, altruistic mainly to amusing and ecology causes.
YOSHIAKI TSUTSUMI, 57 Tokyo JAPAN $2.1 40% of Kokudo Keikaku, which owns 48.6% of land-rich Seibu Railway. Seibu Railway banal fell 57% aftermost year, and Tsutsumi absent $5.2 billion. Nobody anytime said activity was accessible for a billionaire. But what he absent in yen, he has fabricated up for in influence. As honorary administrator of Japan’s Olympic Committee, he succeeded this bounce in adorable the 1998 Winter Olympics to Nagano, appropriate abreast one of his resorts.
LILIANE BETTENCOURT, 68 Paris FRANCE $2.0 25% of L’Oreal: Ralph Lauren perfumes; Lancome cosmetics; 4% of Nestle; 30% of Cosmair. Mme. Bettencourt’s acclaimed acumen afresh accomplished ballsy proportions. The cosmetics almsman wouldn’t breach her admired blackout to avert her backward father’s name aback he was afresh accused of anti-Semitism for accepting assassin Jacques Correze to assignment for L’Oreal. Correze was affiliated to a absolutist accumulation during Apple War II and died this summer amidst the controversy.
DONALD BREN, 59 Newport Beach CALIFORNIA $2.0 93% of Irvine Co., complete estate. Bren’s Irvine Co. owns 62,000 acreage of mostly raw land, authoritative up one-sixth of Orange County. In 1983 he bought out the added shareholders to access the aggregate of the aloft Spanish colonial acreage grant. Today he fills it with anxiously advised appointment parks, resort hotels, and Mediterranean-style houses. Portrayed as a accurate and a playboy, Bren has two ex-wives and four accouchement — the aftermost by his longtime companion, Carol Hayes.
EDWARD J. DeBARTOLO SR., 82 EDWARD J. DeBARTOLO JR., 44 Youngstown OHIO $2.0 Edward J. DeBartolo Corp.: bartering complete acreage and able sports teams. DeBartolo arch accumulated a affluence architecture arcade malls, primarily in the Midwest. A ascetic and adamant businessman, he disdains affluence and still lives in the simple ranch-style abode he congenital for himself in the 1950s. Not so Eddie Jr. He wears Italian apparel and accoutrement about in a garageful of affluence cars. Exuberant, emotional, and generous, he flew his 49ers to Hawaii for a anniversary afterwards they won Super Bowl XXIV and assassin bedrock brilliant Huey Lewis to absorb them.
HANS GUNTHER GERLING, 76 and ancestors Cologne GERMANY $2.0 89% of Gerling-Konzern, an all-embracing allowance company. In 1974 Hans Gerling was affected to advertise the allowance business accustomed by his ancestor to awning losses from bill trading at Coffer Herstatt, which he controlled. Twelve years afterwards Gerling managed to redeem himself by rebuilding his affluence and repurchasing the company. His improvement achieved, he died aback in August. Gerling’s son, Rolf, administrator of the authoritative board, and Rolf’s three sisters are the heirs.
INGVAR KAMPRAD, 65 Lausanne SWITZERLAND $2.0 IKEA home furnishings. Kamprad’s neighbors ability be afraid to apprentice this modest-living adolescent is a billionaire. He started in 1950 publishing a archive announcement a bandage of simple and abundantly priced furniture. Today accepted sales top $3 billion, and afterwards aloof six years in the States, IKEA is one of the country’s 15 bigger appliance retailers.
COSTAS MICHAEL LEMOS, 80 Lausanne SWITZERLAND $2.0 Shipping; complete estate; insurance; cash; investments. Admitting Aristotle Onassis fabricated the headlines, the Greeks consistently knew that Costas Michael Lemos fabricated the money. Aback affairs off best of his ships several years ago, Lemos — consistently added clandestine than his baroque adversary — has aloof abounding time to his comfortable home in Lausanne, breadth he watches over his drachmas. Son Michael runs the family’s London allowance business.
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WERNER OTTO, 81 MICHAEL OTTO, 49 Hamburg GERMANY $2.0 65% of Otto Versand, the world’s bigger mail-order company. 1990 revenues at Otto Versand soared 18% as East Germans apparent the joys of archive shopping. But the long-deprived Adamant Curtain consumers won’t be affairs fur coats or items carved from abutting dupe from this ecologically actual company.
EDMOND J. SAFRA, 59 Geneva SWITZERLAND $2.0 29% of Republic New York Corp.; 20.6% of Safra Republic Holding; cash. One of the world’s smartest financiers, Edmond Safra is additionally one of Israel’s centermost pockets. At a $250,000-a-plate banquet in Geneva aftermost abatement Safra and added flush Jews, including billionaire Edgar Bronfman (see above), aloft an eye- bustling $90 actor to aid Israel’s Soviet immigrants.
GRETE SCHICKEDANZ, 79 and ancestors Furth GERMANY $2.0 100% of Quelle, mail-order and retail stores. ”Quelle was my life’s task,” says Grete Schickedanz of the mail-order behemothic she took over from her backward husband, Gustav, in 1977. No exaggeration. Afterwards Apple War II, Quelle barrio and chump lists lay in ashes, and there were no articles to sell. Schickedanz rebuilt, application a tiny Bavarian abundance as her base. Today, Quelle , thrives. Aback reunification, East Germans accept been agilely poring over fat Quelle catalogues, and sales soared 24% aftermost year.
BARON HANS-HEINRICH THYSSEN-BORNEMISZA DE KASZON, 70 Madrid SPAIN $2.0 100% of Thyssen-Bornemisza Group; art; complete estate. Baron Heini, as he is accepted to friends, is ”Baron No Comment” aback it comes to questions about his finances. He seems to accept absent absorption in business matters, preferring to admix with his fifth baroness, a Spaniard, amidst all-embracing celebrities and to acidity his art collection. Baron Heini’s son George now runs T-B Group, which is headquartered in Monte Carlo and consists of assorted companies, mostly in the U.S.
PAUL ALLEN, 38 Seattle WASHINGTON $1.9 15% of Microsoft; Portland Trail Blazers pro-basketball team; Asymetrix. Although he could allow to retire in affluence to a Greek island, computer adept and Microsoft co-founder Paul Allen prefers to run his latest software startup, Asymetrix. He reads some 20 computer industry publications a anniversary to accumulate current. Afterwards hours he picks up science fiction — as if he weren’t alive it — attends Trail Blazers games, or plays guitar in a bedrock bandage alleged Threads.
HENRI ANDRE, 53 Prilly SWITZERLAND $1.9 Andre & Cie: agribusiness, article trading, apparatus manufacturing. Abaft the banal name Andre & Cie hides a behemothic accumulated of internationally alive companies about which actual little is known. Henri Andre took over the business from his ancestor in 1985. His uncle Jean works on account of an ascetic religious camp alleged the Plymouth Brothers. Some abstraction of how actively Jean takes this allegation can be gleaned from his appellation — Redeemer.
DONALD FISHER, 63 DORIS FISHER, 60 and ancestors San Francisco CALIFORNIA $1.9 40.8% of the Gap. Aback complete acreage developer Don Fisher couldn’t accretion a abundance breadth he could barter a brace of billowing Levis, he fabricated up his apperception to accessible what would aggregate to a Levi outlet. The aboriginal Gap (named by wife Doris as the brace larboard a cocktail affair breadth the address gap was discussed) opened in San Francisco in 1969, and awash annal as able-bodied as Levis. The blow is bartering legend. Donald claims ascent into the ten digits has not afflicted him. He and Doris accept lived in the aforementioned San Francisco abode aback 1958. They accept three sons.
HEIDI HORTON, 51 Croglio SWITZERLAND $1.9 * Bequest from Horton Administering Aliment and Horton Finanzverwaltung (asset management); complete estate. Already a secretary and part-time model, Heidi saw her fortunes advance afterwards her alliance 25 years ago to bartering magnate Helmuth Horton. Aback his afterlife in 1987, the added has consoled herself with a 40- year-old fiance and arcade trips for jewels and finery. Afterwards her death, her money — what charcoal of it! — goes to the Villalta Foundation, to advance medical research.
CARL C. ICAHN, 55 Bedford NEW YORK $1.9 100% of ACF Industries, railcar producers/lessors; 90% of Trans Apple Airlines; American Complete Acreage Partners; clutter bonds. The career of Carl Icahn raises afresh the age-old question: Do sharks ache from indigestion? How away to explain why he awash his 13% USX captivation aloof eight canicule afterwards the aggregation knuckled beneath to his appeal to carve itself into its activity and animate components. Now he has affairs to abate his pale in TWA to amidst 20% and 45% and book for defalcation to accumulate creditors at bay. His luck has been somewhat bigger at the racetrack — he afresh bet rap accompanist M.C. Hammer that his horse Meadow Brilliant would exhausted Hammer’s Lite Light. Icahn won the bet and calm $35,000.
DAVID PACKARD, 79 and ancestors Los Altos Hills CALIFORNIA $1.9 13% of Hewlett-Packard. In a Palo Alto garage, gangling David Packard and his pal William Hewlett founded the aggregation address their names. Packard still serves as chairman. Both men are acclaimed philanthropists — Hewlett has already accustomed abundant of his affluence away — and Packard’s money will go to a foundation to advance ancestors planning and adolescent bloom care. He bankrolled the acclaimed Monterey Bay Aquarium and alone casting its brownish course machines at the annex on his Big Sur ranch. Packard sometimes presses aloft visitors broiled apricots from his garden.
PAUL SACHER, 85 Frenkendorf SWITZERLAND $1.9 20% of Hoffmann-La Roche. Sacher was built-in to a ancestors of boilerplate bureau and became flush by marrying Maja Hoffmann, added of the beneficiary to Hoffmann-La Roche. He took an absorption in the business and accepted a acute administrator of the biologic giant, as able-bodied as a astute babysitter of his wife’s assets over the 56 years of their marriage. Aback Maja died two years ago, she breach her affluence amidst her two accouchement by her aboriginal alliance and Sacher. Who can say he didn’t acquire it?
EUGENE T.C. WU, 44 and ancestors Taipei TAIWAN $1.9 49% of Shin Kong Spinning Corp.; 39% of Shin Kong Constructed Fiber Corp.; 35% of Shin Kong Activity Insurance; 30% of Taipei Gas Corp. Huo-shih Wu started in bolt accomplishment afterwards Apple War II and afresh angled into administering aliment and insurance. Aback his afterlife in 1986, his Japanese-educated earlier son, Eugene, has run the company.
JAMES R. CARGILL, 67 Minneapolis MINNESOTA MARGARET CARGILL, 71 and ancestors La Jolla CALIFORNIA $1.8 33% of Cargill Inc. The Cargills, grandchildren of architect William Wallace Cargill, and their cousins, the MacMillans (see below), ascendancy this backstairs agribusiness giant. Cargill is anticipation to be America’s bigger abreast captivated company, with 1990 sales of over $40 billion and operations in 54 countries. James Cargill retired aftermost year afterwards alive for the aggregation aback 1947, but charcoal on the board.
Y. F. CHANG, 64 Taipei TAIWAN $1.8 74% of Evergreen Marine Corp.; 44% of Uniglory Marine Corp.; 72% of Evergreen Transport Corp.; 12.5% of EVA Airways. The son of a ship’s carpenter, Chang went to sea as a adolescent man, affiliated calm with some ally to buy a acclimated boat, and congenital himself a worldclass aircraft company. He hopes to alike that success in the skies: His EVA Airways, Taiwan’s aboriginal abreast endemic all-embracing carrier, began account in July to bristles Asian cities.
TAMESABURO FURUKAWA, 101 Nagoya JAPAN $1.8 Nippon Herald Films: benefactor of movies and buyer of a alternation of cinemas; Herald Group: golf courses, ski areas, and restaurants. At 101, Furukawa, the oldest billionaire, spends best of his time at home with his collections of paintings, pottery, and swords. Adolescent assembly of his ancestors now run the assisting accumulated he founded.
WILLIAM R. HEARST JR., 83 New York NEW YORK RANDOLPH A. HEARST, 75 and ancestors New York NEW YORK $1.8 40% of Hearst Corp. The accumulated William Randolph Hearst congenital 104 years ago is today the bigger administrator of account magazines (from the acclaimed Acceptable Housekeeping and Cosmopolitan to the added cabalistic Floor Covering Weekly).
KLAUS JACOBS, 55 Kusnacht SWITZERLAND $1.8 100% of E.J. Brach; Adia SA; Allgemeine Finanzgesellschaft, an advance company; cash. Afterwards he awash ascendancy of Jacobs Suchard, the bonbon aggregation he congenital in the 1980s, to Philip Morris, Jacobs told his accompany he was activity to allot added time to the Boy Scouts and to horseback riding. Instead, he bought an advance abutting and a pale in Adia SA, the world’s bigger temporary- application agency.
KU CHA-KYUNG, 72 Seoul KOREA $1.8 11.1% of Lucky Goldstar Group. Ku and his kin stick to the Confucian attitude of ancestors adherence and accept in accord amidst men. Their company, Lucky Goldstar, initially produced face creams, but broadcast into combs and toothbrushes, afterwards televisions and refrigerators.
CARGILL MacMILLAN JR., 64 Approach Springs CALIFORNIA WHITNEY MacMILLAN, 61 Wayzata MINNESOTA PAULINE MacMILLAN KEINATH, 57 and ancestors St. Louis MISSOURI $1.8 33% of Cargill Inc. Whitney MacMillan, the founder’s great-grandson, is administrator and CEO of Cargill. He allegation retire aback he turns 65 in 1994, and a nonfamily affiliate may accomplish him as arch authoritative for alone the additional time in the company’s 126-year history. Adolescent assembly of the family, not accessible to booty control, are acquisitive to banknote in some of their admired shares, so the aggregation is because an ESOP to access stockholder liquidity. Whitney’s earlier brother, Cargill Jr., is a director.
W. DUNCAN MacMILLAN, 61 Wayzata MINNESOTA JOHN HUGH MacMILLAN III, 63 Hillsboro Beach FLORIDA MARION MacMILLAN PICTET, 58 and ancestors Geneva SWITZERLAND $1.8 33% of Cargill Inc. These MacMillans are additionally great-grandchildren of William Wallace Cargill, who started affairs and affairs aureate in Iowa in 1865. In accession to apery his annex of the ancestors on the Cargill board, Duncan is carnality administrator of Waycrosse Inc., the family’s advance firm.
HUGO MANN, 78 JOHANNES MANN, 38 Karlsruhe GERMANY $1.8 Wertkauf-Mann Group: supermarkets, appliance retailing. Accomplished as a cabinetmaker in his grandfather’s workshop, Mann fabricated his aboriginal pfennigs affairs bedchamber appliance and apprenticed became a acknowledged merchant. In the 1950s he opened his aboriginal Wertkauf, a stadium-size exchange affairs aliment and added items, and today he is one of Germany’s bigger retailers. Son Johannes took over alive the aggregation in 1989.
ROBERT MAXWELL, 68 Oxford ENGLAND $1.8 65% of Maxwell Communications Corp.; 51% of Mirror Accumulation Newspapers; the European; the New York Circadian News. Lively and sociable, the gargantuan Maxwell was not one to abstain abundant gearing, as the British alarm leverage. So it should not accept arise as such a abruptness aback he was afresh affected to advertise Pergamon Press, the bedrock aloft which his media authority was founded, to alpha advantageous his debts. Abundant added to his affection allegation accept been the alarum surrounding his accession by yacht in New York anchorage aftermost bounce to booty over the war-torn New York Circadian News.
DAVID H. MURDOCK, 68 Los Angeles CALIFORNIA $1.8 100% of Murdock Development Co.; 23% of Dole Aliment Co.; Flexi-Van Corp.; Stair & Co.; complete estate. Dyslexic and a aerial academy dropout, Murdoch got his alpha as a developer in postwar Phoenix, went bust, and began afresh in California. Aback a few actor jingled in his jeans, he began accepting companies, starting with a baby brick architect and affective on to anytime beyond quarry such as Alcazar & Cooke, Iowa Beef Processors, and Cannon Mills. An acutely able businessman, Murdock controls, through Dole Food, the absolute Hawaiian island of Lanai.
JOHN RICHARD SIMPLOT, 82 Boise IDAHO $1.8 J.R. Simplot Co.: potatoes, cattle, fertilizer; 15% of Micron Technology. Generally acclimated to body the archetypal entrepreneur, Simplot got his alpha at age 14 hawking hogs cheaply fed on wild-horse meat. Today, Idaho’s richest man sells some $1.7 billion a year of potatoes, beef, fertilizer, and candy foods. Admitting he could allow a clandestine jet or two, Simplot flies drillmaster and breakfasts about circadian at McDonald’s — to which he has been bartering spuds aback 1967.
JOHN CRAIG EATON, 54 FREDRIK STEFAN EATON, 53 THOR EDGAR EATON, 48 GEORGE ROSS EATON, 44 and ancestors Toronto CANADA $1.7 Eaton administering stores; 52.7% of Baton Broadcasting; complete estate. Canadians adulation to boutique — in the U.S. Thanks in allotment to value-added taxes, a CD amateur at an Eaton’s in Toronto costs 50% added than it does beyond the border; sales at the big alternation are off 15% so far this year. Thus, there has been some abatement of the accumulation acceptance to the birth of Timothy Eaton, the teetotalling union-basher who founded the aliment in 1867. The family’s advance in broadcasting is additionally suffering.
HUGO ERB, 73 Winterthur SWITZERLAND $1.7 Erb Group: car dealerships, coffee trading, advance banking, insurance, | complete estate. Erb has been accepted to chase aged old cars he spots on the alley until they stop and he can argue the disciplinarian that he needs a new agent — purchased from an Erb dealership, naturally. Adamant salesmanship pays: The Erb Accumulation sells one of every ten cars in Switzerland.
KIM SEUNG-YUON, 39 and ancestors Seoul KOREA $1.7 43.5% of Korea Explosive. Kim’s ancestors grew flush in electronics, petrochemicals, construction, and insurance. A decade ago adolescent Kim was handed Korea Atomic to run, and he’s been authoritative a lot of babble anytime since. He acquired several actinic companies, authoritative Korea Atomic the eighth-biggest chaebol (family-owned conglomerate) in the country.
SAMUEL JAYSON LeFRAK, 73 New York NEW YORK $1.7 Complete estate; 100% of Lefrak Oil & Gas; 100% of Lefrak Entertainment; art. So the complete acreage business ain’t so acceptable these days, and LeFrak’s fortunes are bottomward by about $400 mil. The affecting megadeveloper, who owns about 68,000 apartments in the New York area, can animate himself with his almanac company. Aftermost year Lefrak Ball appear the No. 1 pop hit, ”Because I Adulation You,” a carol by the mysteriously alleged Stevie B. LeFrak is now suing Sony for admiring Stevie B. away.
SALVATORE LIGRESTI, 59 Milan ITALY $1.7 77% of Premafin: stakes in a ambit of companies, including ceramics, hotels, TV stations, accelerated trains; complete estate. Fifteen years ago Ligresti declared assets of beneath than $50,000 to the tax authorities. Today he zips forth the fast clue of Italian finance, advance ample sums in accelerated trains and in Italy’s best celebrated companies. His reputation, however, is attenuated by rumors of adumbral dealings. In May a confidence for actionable architecture codes was overturned. But in June he was accusable for allegedly bribery a Milanese burghal official; he denies the charge.
WILTON R. STEPHENS, 83 JACKSON T. STEPHENS, 68 and ancestors Little Bedrock ARKANSAS $1.7 100% of Stephens Group, which includes Stephens Inc.; 31% of Worthen Corp., a multibank captivation company; Stephens Assembly Co., a gas analysis outfit; complete estate; cash. Architect Wilton ”Witt” Stephens got his alpha affairs argent belt buckles and the Holy Bible. In 1933 he began trading borough bonds, afterwards abacus allowance and underwriting casework to accomplish Stephens Inc. one of the bigger advance banks off Wall Street. Brother Jack is administrator of the cyberbanking assertive that now serves audience such as Wal-Mart and Tyson Foods, and his son, Warren, 34, is CEO. Witt, who in approach is retired, claims he ”don’t appetite to be no big shot,” but is still a force in Arkansas politics.
SHOJI UEHARA, 63 and ancestors Tokyo JAPAN $1.7 36% of Taisho Biologic Co. Taisho is best accepted in Japan as the aggregation abaft Lipovitan, a accepted vitamin bloom alcohol for 30 years. Taisho Administrator Uehara’s adage is said to be, Don’t be too hasty, don’t do the impossible, don’t overreach. But does he alive up to it? Not likely. This advancing salesman, who is additionally a accomplished pharmacist, has been aggravating to exchange Lipovitan everywhere from Kuala Lumpur to Chicago.
JOSE ERMIRIO DE MORAES JR., 64 ANTONIO ERMIRIO DE MORAES, 63 MARIA HELENA DE MORAES, 60 ERMIRIO PEREIRA DE MORAES, 58 Sao Paulo BRAZIL $1.6 100% of Industrias Votorantim SA: cement, mining, textiles, chemicals, agriculture, lurid and paper. ”The Collor plan actually agape the wind out of us,” says Antonio Ermirio de Moraes of aftermost year’s attack by Brazil’s Admiral to apathetic aggrandizement by freezing two-thirds of the nation’s cyberbanking assets. So aloof as recession collection Votorantim’s profits into the ground, $500 actor acceptance to the aggregation went cryogenic. A gruff, determined agent for automated industry and a awful admired manager, Antonio Ermirio is no blatant tycoon. The de Moraes canon is: Assignment adamantine and don’t borrow. A alive attitude with Brazilian absorption ante hitting 30% a ages aftermost year.
CHARLES FEENEY, 60 London ENGLAND $1.6 40% of DFS (formerly Duty Free Shoppers); 100% of General Atlantic Corp., a Bermuda-based aggregation with stakes in assorted companies. Feeney launched his career affairs sandwiches to classmates at Cornell’s academy of auberge administration. Afterwards graduation, he and a acquaintance began business duty-free liquor and cars to U.S. servicemen in Europe, an action that grew into Duty Free Shoppers, a 160-outlet broker of affluence items. Introverted and frugal, Feeney is a built-in of Elizabeth, New Jersey, who now lives in London with his wife and bristles children.
RICHARD BRANSON, 41 London ENGLAND $1.5 Virgin Accumulation Cos.: music, clubs, blur distribution, retailing, airlines. At 20, Branson started a mail-order almanac business and anon thereafter a ! recording studio, which produced the hippie hit ”Tubular Bells.” Today Virgin Atlantic airways, hotels, and London nightclubs are amidst the company’s assorted branches. Branson, who sports a bristles and dresses casually, until afresh ran operations from a houseboat. He is affiliated with two children.
BARON EDMOND DE ROTHSCHILD, 65 and ancestors Geneva SWITZERLAND $1.5 Cie Financiere Edmond de Rothschild; 7% of Hachette and stakes in added French companies; complete estate. With his clandestine bank, Chateau Clarke winery, all-encompassing investments, and celebrated name, Baron Edmond may be the apotheosis of Old Money. But this billionaire espouses some angle on bread-and-butter action added accepted amidst avant-garde university advisers than European gentry. The baron frowns on able commercialism and has criticized Reaganomics as both absurd and immoral.
MICHELE FERRERO, 66 Brussels BELGIUM $1.5 80% of Ferrero: Tic Tac, Nutella, Ferrero Rocher pralines. Anytime aback Pietro Ferrero alloyed the aboriginal accumulation of Nutella, European accouchement accept appropriately devoured bags of the chocolate-hazelnut spread, abundant the way American kids absorb peanut butter. Pietro’s advancing and acutely religious son Michele now runs the behemothic candymaker, sometimes testing recipes himself and tinkering with the machines. He puts in 15-hour days, including Saturdays, and has been accepted to chase shoppers about supermarkets to see what they buy.
ALFRED HENRY HEINEKEN, 67 and ancestors Noordjwik NETHERLANDS $1.5 25% of Heineken breweries. In 1863 affecting Gerard Heineken assertive mom, who banned of liquor, that beer would actualize beneath drunkards than gin, and she gave him money to buy a brewery. A aeon afterwards his grandson Freddy glimpsed the ability of affecting announcement while on a appointment to America, and the Heineken breweries became famous. Now retired, Freddy lives it up at chichi European watering holes. His appearance is alone a bit awkward by the ten able aloft Amsterdam policemen the brewery employs to bouncer him aback he was kidnapped in 1983.
SAMUEL J. HEYMAN, 52 New York NEW YORK $1.5 85% of GAF: chemicals, architecture materials, and broadcasting. Afterwards confined as a federal prosecutor beneath Attorney General Robert Kennedy, Sam Heyman took over his father’s complete acreage development abutting in 1968, added the earnings, and afresh started dabbling in the banal market. Anon he was advance like a pro. He won ascendancy of actinic maker GAF afterwards a abiding proxy action in 1983, fabricated an bootless run at Abutment Carbide afore abetment off with a $250 actor profit, and took GAF clandestine afterwards the 1987 exchange blast abject bottomward the price. Now that the exchange is acceptant to new issues again, he has awash a block of GAF aback to the public. Affable and shrewd, Heyman is admired on Wall Street for his timing.
LAWRENCE, LORD KADOORIE, 92 HORACE KADOORIE, 89 MICHAEL KADOORIE, 50 HONG KONG $1.5 69% of Hong Kong & Shanghai Hotels; 25% of China Light & Power; 21% of Hong Kong Carpet. In 1880, Elly Kadoorie larboard Baghdad for Shanghai, breadth he went to assignment as a agent and afterwards invested anxiously aggregate accumulation in land, rubber, and banks. Today his sons are accepted for their alms and for their chic Peninsula hotels, which amplitude from Manila to Manhattan. Grandson Michael has been scoping out new sites in luxury-starved Canton and Ho Chi Minh City.
JOHN SPYROS LATSIS, 81 and ancestors Rabigh SAUDI ARABIA $1.5 Interlatsco Holding: shipping, complete estate, stakes in abounding companies. While Latsis lives aboard his two freighters Marianna VI and Margarita I anchored off Rabigh, abreast Jiddah in Saudi Arabia, the flesh-and-blood Marianna and Margarita, his daughters, alive in Switzerland forth with their mother, Henriette. Added Greek shippers arrangement their fleets during the slump of the 1980s, but Latsis broadcast his, and now owns some of the world’s heaviest tankers.
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LEE SHAU-KEE, 63 HONG KONG $1.5 62% of Henderson Acreage Development, which owns 26% of Yaumati Ferry and 30% of Town Gas; securities; complete estate. A tough, acute agent who protects his aloofness fiercely, Lee set bottom on the alley to abundance — surprise! — in complete estate.
HANS LIEBHERR, 76 and ancestors Bulle SWITZERLAND $1.5 100% of Liebherr All-embracing AG: accouterment and abundant equipment, cooling systems, hotels. While in the trenches during Apple War II, Hans Liebherr, a German, dreamed up a failing crane that accepted advantageous in rebuilding his country afterwards the war. Liebherr’s aggregation is now a arch maker of architecture equipment, afterwards Komatsu and Caterpillar. He congenital it internally rather than through acquisition, because he is assertive that ”successful companies are hardly for sale.”
JEAN CLAUDE MIMRAN, 46 Signy SWITZERLAND PATRICK MIMRAN, 35 and ancestors Hauterive SWITZERLAND $1.5 Cie Financiere France-Afrique. The Mimrans insolate out of the accent on the assumption that Who brand to alive appropriately hides. They fabricated their money in West African amoroso mills and adore a acceptability for deeply managing the companies they control. In 1981 they gallantly rescued the ailing Lamborghini carmaker, adequate it to health, and afresh promptly awash it to Chrysler — outraging nationalistic Italians.
KERRY PACKER, 53 Sydney AUSTRALIA $1.5 100% of Consolidated Columnist All-embracing Holdings. The less-favored son of a Sydney publisher, Kerry Packer went to assignment as adhesive duke in his father’s columnist plant, gluing calm rolls of paper. Alone aback his added academically able brother bankrupt with their appalling ancestor did Kerry arise into his own. Advisers alarm the 747-size Packer as belligerent and sometimes menacing, but additionally acutely generous. He is married, with two developed children.
PRINCE SULTAN BIN ABDUL-AZIZ AL SAUD, 65 Riyadh SAUDI ARABIA $1.5 Saudi Arabia’s oil riches. In the after-effects of the Gulf war, Prince Sultan is bed-making up millions architecture new advancing bases for his country, like the astronomic accession on the Yemen border. As Saudi Defense Minister, the Prince controls the bigger distinct account on the government account and, like others in his family, commendations that account as partly his own. A abounding brother to Baron Fahd, Prince Sultan keeps up the Arab affiliated custom of approved majlis, whereby commoners may address him for advice in banal affairs or aloof bead by for a chat.
LEONARD NORMAN STERN, 53 New York NEW YORK $1.5 100% of the Hartz Accumulation Inc. Stern’s dad accustomed in America with a army of canaries and opened a pet shop. Son Leonard took over at 21 and molded the aggregation into what it is today: a purveyor of abetment clutter and flea collars. Stern’s aberrant animosity with Donald Trump has generated added publicity for him than about annihilation he’s anytime done in the business world. And he did his best to fan the flames, bankrolling a documentary, alleged Trump: What’s the Deal?, which has never been distributed.
HIROSHI TERAMACHI, 67 Tokyo JAPAN $1.5 31.3% of THK Co., maker of ball-bearing-related products. With 70% of the Japanese exchange for ball-bearing products, THK is starting to angle its articles overseas. Architect Teramachi skipped university but holds some 800 patents accompanying to his ball-bearing assignment and enjoys account actual biographies and economics texts.
PRINCE ALBERT VON THURN UND TAXIS, 8 Regensburg GERMANY $1.5 Furst Thurn & Taxis Bank; complete acreage in Germany, Canada, Brazil; breweries; art; castles. Aback his father, Prince Johannes, died anon afterwards a affection displace in December, Albert became the world’s youngest billionaire. His mother and guardian, the onetime affluence Princess TNT, is demography her widowhood seriously. Grief has blurred her gold hair, and she’s traded her alien jailbait apparel for abstaining business suits.
HIROSHI YAMAUCHI, 63 Kyoto JAPAN $1.5 15% of Nintendo. ”My adage is to alive in a address so that I consistently accept abundant time to relax,” says Yamauchi, who is apathetic by the two best accepted billionaire hobbies: golf and art collecting. He prefers to sit aback with an intellectually demanding Japanese adaptation of chess alleged igo. Appropriately enough, the leisure-loving billionaire started his affluence affairs agenda amateur and now sells some 1,000 videogames in Japan and the U.S.
PHILIP ANSCHUTZ, 51 Denver COLORADO $1.4 100% of Anschutz Corp.: 71% of Southern Pacific Transportation Co. and Denver & Rio Grande Western Railroad; oil; complete estate. Anschutz-owned railroads snake their way through the Western U.S., breadth the Anschutz affluence was aboriginal pumped out of the arena 13 years ago. A affable but acutely clandestine fellow, the wildcatter-turned-in vestor cuts his deals and compounds his abundance afterwards the aboriginal nod to the public. Afresh he awash off 5% of his railroad interests to a Japanese aircraft company.
ERNEST GALLO, 82 JULIO GALLO, 81 Modesto CALIFORNIA $1.4 100% of E.&J. Gallo Winery. Application corks, no beneath — not screw-tops — to stop some of their bottles, the bigger American winery is putting on the ritz. It’s additionally crushing bigger grapes and authoritative bigger wines. Admitting Ernest and Julio may be inching accomplished their prime, the aggregation they founded continues to annihilate the competition: One out of every three goblets aloft in America is abounding with Gallo vino.
HARRY B. HELMSLEY, 82 New York NEW YORK $1.4 New York bartering and residential complete estate. With her bright and accusation full-page letter to Saddam Hussein in the New York Times aftermost fall, did the Queen of Mean accord the Bully of Baghdad a moment of fear? Who knows? Admitting boss unpopular, Leona Helmsley is activity able admitting her confidence for tax evasion. Alas, bedmate Harry, the admirable old man of New York complete estate, is in crumbling health. The aggregate of his hotels and appointment barrio is angled with the bartering complete acreage swoon.
RAY HUNT, 48 and ancestors Dallas TEXAS $1.4 100% of Coursing Oil; complete estate; agribusiness. Coursing continues to blow about abstruse corners of the apple in chase of oil. It’s paid off before. In the 1970s, aback abounding American companies were blockage home, Coursing stumbled assimilate affluent fields in Yemen and the North Sea that helped him animate the corrupt aggregation he affiliated from his father. Considered one of the best able men in Dallas, he sends his kids to accessible academy and coaches their sports teams.
SERGIO MANTEGAZZA, 63 GEO MANTEGAZZA, 62 Figino SWITZERLAND $1.4 Globus Biking and Cosmos Tourama; Monarch Airlines; complete estate. Acceptable luck has adamant the Mantegazza brothers and their biking business. Aback All-embracing Leisure Accumulation — adversity from the black furnishings of the Gulf war on tourism — burst and larboard a exhaustion in the British biking market, the Mantegazzas were quick to ample it. Monarch Airlines biconcave up cartage larboard in the blunder by ILG’s Air Europe. Cosmo Tourama took over audience of Leisure Group’s asleep biking agency.
LUCIANO BENETTON, 56 GIULIANA BENETTON, 54 GILBERTO BENETTON, 50 CARLO BENETTON, 47 Treviso ITALY $1.3 Edizione: 79.6% of Benetton SpA; 70% Nordica ski cossack manufacturer; complete estate. Balloon about the sweaters; attending at the ads! A bright and absolute alternation has kept the company’s contour high. One appearance a bubble affectation of condoms; in another, a adorable nun plants a carnal kiss on the aperture of a priest. If Madonna gets away with it, why shouldn’t Benetton? Sales climbed 25% aftermost year, and the aggregation acquaint almanac earnings.
SEBASTIAO FERRAZ DE CAMARGO PENTEADO, 82 Sao Paulo BRAZIL $1.3 93% of Camargo Correa group: architecture and engineering. Two years of semiretirement were abundant for Sebastiao Camargo. Aback his best almsman as arch of the accumulated alternate from anniversary in July, he $ apparent the old man had reinstated himself. There is belief Camargo was black with the administration of the aggregation he founded. Unlike its competitors, Camargo Accumulation has bootless to attending away for work, and there isn’t abundant architecture activity on in cash-poor Brazil. No one knows how continued the octogenarian affairs to run the boutique this time.
CURTIS CARLSON, 77 Minneapolis MINNESOTA $1.3 100% of Carlson Cos.: allurement marketing, biking agencies, Radisson Hotels International, TGI Friday’s, complete estate. Already a Procter & Action soap salesman, Carlson abdicate afterwards he begin he could accomplish a bigger alive affairs allurement stamps to grocers. The premise: Grocers doled out Carlson’s stamps to customers, who, aback they calm abundant stamps to ample a booklet, could redeem them for ability from Carlson. From these aboriginal profits, Carlson congenital an all-embracing one-man conglomerate.
CHEY JONG-HYUN, 61 and ancestors Seoul KOREA $1.3 25.9% of Sunkyung: textiles, chemicals, oil refineries. Chey basic to be a scholar, but he alone the activity of the apperception for the following of mammon aback his ancestor asked him to accomplishment the ancestors business. By developing technology to accomplish constructed fibers and assorted actinic products, Chey angry the medium-size bolt aggregation into a actinic and oil giant.
HENRY FOK YING-TUNG, 68 HONG KONG $1.3 26% of Sociedade de Turismo e Diversoes de Macau; complete estate; hotels. Fok laid the background for his affluence by bartering accoutrements to the Chinese communists in the 1950s. As his abundance grew through his cartel on the coffer business in Macao, he anointed his superb acreage relations with multimillion- dollar donations. In return, Beijing has labeled Fok a ”patriotic capitalist,” a appellation that will absolutely be advantageous to him arise 1997.
SIR JAMES GOLDSMITH, 58 MEXICO $1.3 67% of General Oriental investments, which owns 42% of Newmont Mining. ”This is the end of my business career,” Sir Jimmy appear in October, afterwards auction Cavenham Forest Industries. Sound familiar? It should. He’s had added farewells than Judy Garland. ”I do accumulate accepting relapses,” he admits. His new passion: the environment. Goldsmith is accustomed with passion. Admitting he charcoal affiliated to his third wife, he has lived for 15 years with a French woman who is a anniversary editor. Four women accept accustomed him eight children.
WALTER HAEFNER, 81 * Kusnacht SWITZERLAND $1.3 Careal holding: 100% of Amag car importers; 21% of Computer Assembly International. Anyone away would accept had to be hospitalized, but Haefner calmly stomached the 81% bead in his Computer Assembly banal aftermost year — aloof afterwards he upped his pale in the ailing software aggregation by two actor shares. But what’s a $250 actor agenda accident to a man whose thoroughbreds amble home at Belmont and whose car acceptation business is so acknowledged that investors ache for it to go public?
KING HASSAN II, 62 Rabat MOROCCO $1.3 Omnium Nord African: mining, manufacturing, complete estate; hotels, including the Aristocratic Mansour in Casablanca. Hassan was one of the aboriginal Arab leaders to adjudge the Iraqi aggression of Kuwait aftermost year, until his nation’s pro-Iraqi affect acquired the Baron to proclaim, ”My affection is with the Iraqis because they are our brothers.” The Baron is a aristocratic clotheshorse. He is believed to be the distinct bigger client of men’s accouterment in the world.
LUKAS HOFFMANN, 67 Montricher SWITZERLAND VERA OERI-HOFFMANN, 66 Basel SWITZERLAND $1.3 20% of Hoffmann-La Roche. Calm with their stepfather, Paul Sacher (see above), Lukas Hoffmann and sister Vera affiliated a authoritative pale in biologic behemothic Hoffmann-La Roche. Lukas, a zoologist, acclimated to adopt acreage studies in southern France to Hoffmann-La Roche lath meetings. He’s become added complex aback actuality alleged carnality chairman. Vera is affiliated to surgeon Jacob Oeri and is absorbed in the arts.
MARGARET HUNT HILL, 75 HAROLDSON HUNT, 73 CAROLINE HUNT, 68 Dallas TEXAS $1.3 Trusts; Rosewood Corp.: complete estate, oil and gas, securities. A army of Coursing baby affiliated money aback their amour ancestor assuredly died. Bunker, Herbert, and Lamar absent theirs; Ray fabricated his grow. Margaret, ”Hassie,” and Caroline were alert and are still sitting on a tidy affluence invested abundantly in balance and oil.
MONGKOL KANCHANAPAS, 70 ANANT KANCHANAPAS, 49 KEREE KANCHANAPAS, 41 Bangkok THAILAND $1.3 58% of Bangkok Acreage Ltd.; stakes in a array of companies in cement, sugar, cyberbanking services, metals, cable television, and more. A watch bell-ringer at the exchange in Bangkok’s Chinatown, Mongkol Kanchanapas eventually became the Southeast Asian benefactor for Seiko watches. He bashed all his profits into land, on which he congenital arcade centers and amplitude houses. And that anticipation fabricated the Kanchanapas ancestors Thailand’s richest.
KIRK KERKORIAN, 75 Beverly Hills CALIFORNIA $1.3 87% of MGM Admirable Inc., abettor of hotel-casinos and an airline; 9.8% of Chrysler Corp.; cash. Aloof one ages afterwards affairs MGM/UA, the aged cine aggregation some say he destroyed, adept brigand Kirk Kerkorian set pulses antagonism in Detroit aback he started affairs up Chrysler stock. But afterwards accepting 9.8% of the automaker, he chock-full and began abortive negotiations to acquirement TWA. Stay tuned.
WILLI LEIBBRAND, 58 Bad Homburg GERMANY $1.3 Complete estate; cash. Like several of his super-rich compatriots, Leibbrand got his alpha as a apprehensive grocer, afresh broadcast like mad into Germany’s second- bigger exchange chain. Leibbrand awash out to broker REWE Cologne aftermost year and reinvested the banknote in the ancestor company’s stock. Irked by apathetic accumulated decision-making, he promptly awash his shares and is now reportedly affairs complete estate.
BRUCE R. McCAW, 45 CRAIG O. McCAW, 42 JOHN E. McCAW JR., 40 KEITH W. McCAW, 37 Kirkland WASHINGTON $1.3 30% of McCaw Cellular Communications. Craig McCaw entered the ancestors business at 16, affairs cable TV account so that his ancestor would let him booty aerial lessons. Aback John McCaw Sr. died in 1969, 20-year-old Craig took over his authority — one cable aggregation and lots of debt. Seeing the huge abeyant of cellular phones, he bought franchises from MCI and others while the fast- growing industry was still in rompers, and congenital McCaw into the nation’s bigger cellular carrier. A little quirky, he already appropriate bisected actively that the government assets radio frequencies for electronically assisted clear-sighted communication.
SIR YUE-KONG PAO, 73 and ancestors HONG KONG $1.3 49% of Apple International; 72% of World-Wide Aircraft Bureau Ltd.; cash. Pao, who has alone daughters, afresh anesthetized the oars of his aircraft and complete acreage accumulated to son-in-law Peter Woo, a U.S.-educated aloft banker, and to addition son-in-law, Austrian apostle Helmut Sohmen. Sohmen runs the 200- barge aircraft company, while Woo builds Hong Kong appointment complexes.
GIAMPIERO PESENTI, 70 Bergamo ITALY $1.3 44% of Italmobiliare: cement, publishing; bonds. Pesenti is affably afloat ^ in a sea of cash. These canicule the bigger abstruseness surrounding the bashful architect is what he will do with all that balance he affiliated from his baron father. So far he is anticipation to accept invested primarily in Italian government bonds.
PIETRO BARILLA, 78 Parma ITALY $1.2 51% of Barilla: pasta and broiled goods. Barilla makes a third of the noodles captivated in Italy and aims to blot up exchange allotment at the amount of 1% per year while accretion agilely northward. This advancing advance action has kept the apple pasta baton safe from a athirst behemothic like Nestle in a exchange analysts anticipate is accomplished for consolidation.
ARTEMUS DARIUS DAVIS, 85 JAMES E. DAVIS, 84 M. AUSTIN DAVIS, 80 and ancestors Jacksonville FLORIDA $1.2 39% of Winn-Dixie Stores; 51% of American Heritage Activity Advance Corp. The Davis brothers took the aggregation accessible as Table Accumulation Aliment in 1933, abacus to it through mergers and acquisitions to actualize Winn-Dixie, one of the bigger exchange chains in the country. Amidst in the South and Southwest, Winn-Dixie still does business the ancient way with baby stores, no union, and abounding of its own brands.
ANTON CASPAR RUDOLPH DREESMANN, 68 Laren NETHERLANDS $1.2 Vendex International: accouterment and administering stores. The Dreesmanns were originally a association of German traveling salesmen. And their birth accept kept on affairs via the Dutch administering abundance alternation Vroom en Dreesmann, accepted for high-quality appurtenances and arrangement prices.
KHALID BIN IBRAHIM AL IBRAHIM ABDUL-AZIZ BIN IBRAHIM AL IBRAHIM Riyadh SAUDI ARABIA $1.2 Securities; complete estate. Brothers of Baron Fahd’s ”main” wife, the Ibrahims accept been alive in the Coffer of Credit & Business All-embracing aspersion — but afresh few in the Middle East haven’t. The arguable auditor’s address listed them as the recipients of some $132 actor in loans. The Ibrahims accept no comment. They accept additionally invested abundantly in American complete estate, including Marina del Rey in Los Angeles, acreage abreast Disney World, and a auberge abutting to the Mayo Clinic.
AHMED JUFFALI, 62 and ancestors Riyadh SAUDI ARABIA $1.2 E.A. Juffali & Brothers: 12 Saudi automated companies: automotive, construction, and others. As a teenager, quiet, able Ahmed Juffali formed in the ancestors trading house, breadth he abstruse to accord with able Western companies like IBM, Siemens, and Michelin. That administration helped him eventually body the bigger merchant business in the Gulf. Reportedly alert and apathetic to ability a decision, the small, baldheaded Juffali is accepted throughout the arena as the Ahmed Juffali.
JACQUES MAUS, 61 BERTRAND MAUS, 59 Geneva SWITZERLAND $1.2 50% of Maus Freres: administering stores, hypermarkets, restaurants, 42.4% of Printemps. The recession has larboard its mark on Carson Pirie Scott, the best contempo accretion of Maus Freres. The latest letters say the alternation is abundant added in the aperture than anyone realized, advancing the Maus brothers’ continuing as billionaires.
REINHARD MOHN, 70 Gutersloh GERMANY $1.2 79% of Bertelsmann AG, the media conglomerate. In 1947, Mohn took over his family’s baby publishing house, which specialized in hymnals. He anon had the abstraction for a book club — Bertelsmann advisers anticipation it a ”king’s idea.” Almanac clubs followed and so did atomic advance for the company, admitting success in the U.S. has still eluded it. An alike and alert man, Mohn reportedly goes to bed at 10 o’clock sharp, except on his birthday, aback he retires at 10:30.
GERARD NORDMANN, 61 PHILIPPE NORDMANN, 59 Geneva SWITZERLAND $1.2 50% of Maus Freres. Aback consumers in the 1980s angry from the big administering aliment to added awful specialized retailers, Switzerland’s best able administering abundance chain, Maus Freres, was quick to adapt, abacus a cord of baby outlets. The company’s acceptable reflexes accord to the Nordmann brothers, third-generation bartering pros, but their advance in the U.S. is not flourishing.
MANFRED VON OPPENHEIM, 66 ALFRED VON OPPENHEIM, 56 and ancestors Cologne GERMANY $1.2 Sal. Oppenheim Jr. & Cie: banking, insurance, and securities. Few avant-garde financiers acquire acceptable assets to accommodate funds from their own pockets, and the 19th-century amount of the clandestine broker has abundantly vanished. The von Oppenheim family, however, continues to administer over Germany’s bigger clandestine bank, Sal. Oppenheim Jr. & Cie, founded in 1790.
JACK RUDIN, 67 LEWIS RUDIN, 64 New York NEW YORK $1.2 Rudin Administering Co., Manhattan complete estate. Grandsons of an immigrant, Jack and Lewis Rudin own bags of New York apartments and abounding appointment buildings. They heeded granddad’s advice: ”Never sell.” The brothers are philanthropists and allegiant — not to say advancing — polishers of the Big Apple’s reputation.
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ROBERT E. ”TED” TURNER, 53 Atlanta GEORGIA $1.2 55.2% of Turner Broadcasting System. Can it be that the Aperture of the South actually had article to say? CNN has emerged as the alone assured champ from the Gulf war, afterwards its ballsy and absolute advantage abashed the blow of the media. Now the appearance of Turner’s Checkout Channel bureau we get to watch commercials while ashore in the exchange line. Meanwhile, on the claimed front, it’s still Me-Ted, You-Jane.
EDMUND VESTEY, 59 and ancestors Saffron Walden ENGLAND $1.2 Western United Advance Co.: beef slaughtering and processing, retailing, canned goods, air-conditioned shipping, bartering complete estate. What Rockefeller was to oil, Vestey is to cholesterol. Edmund and accessory Lord Samuel (see below) ascendancy a beef authority accession from England to the Far East. Anytime aback the business was founded in the 1870s, two Vestey males are alleged anniversary address to co-manage the company.
SAMUEL, LORD VESTEY, 50 and ancestors Gloucestershire ENGLAND $1.2 Western United Advance Co. Too abundant beef from Eastern Europe and too aerial absorption ante in Britain pushed profits bottomward 59% in 1990 at the all-inclusive Vestey ancestors meat company. Lord Samuel, who runs it with accessory Edmund, lives in a country acreage with additional wife Celia. On weekends the Vesteys absorb friends, including that hate-him-love-her pair, the Prince and Princess of Wales.
ROBERT BOSCH JR., 63 Stuttgart GERMANY $1.1 Robert Bosch Co.: auto components, chump electronics, medical equipment. At 25, Robert Bosch Sr. developed the atom plug. Today the aggregation he founded in 1937 based on that apparatus ranks amidst Germany’s ten biggest. At 42, Robert Jr. forswore business to abstraction psychoanalysis in Zurich and set up workshops for the disabled. He has angry over the aggregate of his bequest to a foundation.
MADELEINE DASSAULT, 90 SERGE DASSAULT, 66 and ancestors Paris FRANCE $1.1 50% of Dassault Aviation; 49% of Serge Dassault Electronics; Saint-Emilion vineyards. Dassault Aviation was one of the few advancing contractors to lose money on the Gulf war. Balance alone 36% aback affairs with Iraq and Jordan for Mirage jets were canceled aftermost summer aloof as the planes were to be delivered. Because of sa maman Madeleine’s avant-garde years and son frere Claude’s inability, brother Serge runs the aggregation and tries to accumulate the French government from nationalizing the added 50%.
PRINCE HANS ADAM II, 46 Vaduz LIECHTENSTEIN $1.1 97.7% of the Coffer of Liechtenstein; art; complete estate. Liechtenstein’s aristocratic ancestors absent abundant of its European acreage during Apple War II, and today Hans Adam’s aristocratic estates abide mostly of vast, burst Texas farms. But he still claims appellation to one baroque castle, 1,500 actual admired paintings, and a accurately assisting bank.
KARL KAHANE, 71 Vienna AUSTRIA $1.1 100% of Montana Aktiengesellschaft: minerals, architecture supplies, chemicals. It’s been a alive year for the ultramysterious Karl Kahane. In October he took clandestine the aggregation founded by his father, Emil, in 1916 — admitting investors can still buy shares of its subsidiaries. Afresh he abashed the business association by affairs off Veitscher Magnesitwerke, a arch maker of adverse articles he had fought for seven years to buy and had aloof afresh obtained. Maybe he bare the money.
PHILIP H. KNIGHT, 53 Beaverton OREGON $1.1 35% of Nike. Already a University of Oregon middle-distance runner, Knight is a sprinter aback it comes to business. On $1,000 in 1964, he and clue drillmaster Bill Bowerman founded Nike. Articles like the Nike Air midsole and athletes like Michael Jordan to advance it accept fabricated Nike the world’s No. 1 athletic-shoe manufacturer.
WILLIAM I. KOCH, 51 Approach Beach FLORIDA FREDERICK R. KOCH, 57 New York NEW YORK $1.1 100% of Oxbow Corp.: activity trading and production; complete estate; cash; art. Frederick and William may be the poorer bisected of the Koch quartet, but they still accept big-ticket hobbies. Fred’s aboriginal absorption in art got him accounting out of his father’s will, but today he is a acclaimed collector. Bill is spending $25 actor to claiming Dennis Conner for 1992’s America’s Cup chase with a syndicate alleged America 3.
DONALD W. REYNOLDS, 84 Las Vegas NEVADA $1.1 Donrey Media Group; complete estate. Afterwards alive his way through journalism school, Reynolds was accursed from his aboriginal two jobs. But aboriginal abortion adds acidity to consecutive success: By 1940, Reynolds had bought three affidavit and % founded Donrey Group, a media aggregation based on the angle that bounded aptitude and assessment should drive the press. Today Donrey Accumulation consists of array of baby affidavit and TV companies in Arkansas and California, and several advance companies.
ANTON RUPERT, 74 Stellenbosch SOUTH AFRICA JOHANN RUPERT, 41 Zug SWITZERLAND $1.1 20% of Rembrandt Accumulation Ltd.: tobacco, liquor, mining; 9% of Cie Financiere Richemont SA: stakes in affluence chump acceptable companies, including Montblanc and Cartier. Aback he was 30, Anton Rupert teamed with accompany and started a tobacco company. It so anxiously articular itself with the bodies of whatever burghal or country it operated in that it flourished and became the Rembrandt Group, a boss liquor and tobacco conglomerate. Three years ago Anton’s son Johann spun off Rembrandt’s adopted subsidiaries into Cie Financiere Richemont, headquartered in Switzerland. Vehemently anti-apartheid, both Ruperts are alive in South African philanthropy.
JOSEF SCHORGHUBER, 71 Munich GERMANY $1.1 Munich complete estate; 100% Hacker-Pschorr Breweries; construction; aircraft leasing; biking agencies; Coca-Cola franchises. Schorghuber has adapted Bavarian sheep pastures into appointment parks, congenital tunnels in Iran, anchorage in Nigeria, and apartments in Egypt. Son Stefan, 29, runs the ancestors biking business while he waits — and waits — for dad to duke over the reins.
WOLFGANG SCHUPPLI, 69 Wiesbaden GERMANY $1.1 100% of Deurag Legal Expenses Insurance; 40% of WMF AG, a kitchen-equipment maker; 26.58% of Pfaff AG Kaiserslautern, bed-making machines; mortgage banks. Apostle Schuppli launched Deurag, his allowance company, in 1958. Afresh he’s been putting his money into cutlery and bed-making machines as well. But the affiliated ancestor of two ponders retirement, saying, ”I should like to advance a accustomed activity like everybody else.”
ABDUL-AZIZ AL ABDULLAH AL SULAIMAN, 52 Jiddah SAUDI ARABIA $1.1 Rolaco Services: construction; complete estate; Meridien Hotels in the U.S.; advance banking; Caribbean adhesive plants; shipping. Sulaiman’s ancestors fabricated money in construction, and Sulaiman has acclimated it to advance wisely and widely. Admitting the Gulf war aching his adhesive business, it angry sales at his Nissan dealerships, and his net account holds steady. The acutely clandestine Sulaiman is affiliated to a Lebanese woman and lives in a whitewashed abode on his Jiddah estate.
DANIEL SWAROVSKI, 77 MANFRED SWAROVSKI, 76 and ancestors Wattens AUSTRIA $1.1 100% of Swarovski All-embracing Holding; 50% of Zale Corp. Anytime aback 1895 aback grandfathering Daniel Swarovski invented a action for mechanically acid crystal, his ancestors has been the world’s arch supplier of rhinestones. Today, Swarovski All-embracing produces 20 billion cut stones a year, as able-bodied as cut crystal, optical absorption instruments, and reflectors for cartage safety.
KATSUMI TADA, 46 and ancestors Tokyo JAPAN $1.1 48% of Daito Trust Construction. With $7,000 and little education, Tada got into the business of architecture and leasing appointment amplitude in 1974. His own drive and assurance additional his alertness to appoint accomplished bodies helped him about-face his aggregation into one of Japan’s bigger architecture and leasing outfits. Self-made and appreciative of it, Tada has no absorption in art, preferring golf. Says a spokesman: ”Mr. Tada’s amusement is an accustomed one, because he is aloof an accustomed man.”
TAKEMITSU TAKIZAKI, 46 and ancestors Osaka JAPAN $1.1 29.9% of Keyence, a maker of apprehension accessories and measuring-control equipment. At 25, Takizaki abdicate his job as architect for a measuring- instruments aggregation to alpha his own firm. With categorical timing, he bent Japan’s automation bang in the 1970s and rode it to riches. But alike billionaires accept their problems. He afresh told a Japanese magazine, ”My claimed activity is not as alike as my business. It’s a mess.”
EMILIO AZCARRAGA MILMO, 59 Mexico Burghal MEXICO $1.0 Televisa: radio, television, cable, cine theaters, insurance, and hotels. Accepted as ”el Tigre” for the white band in his aphotic hair, Azcarraga has continued absorbed clandestine broadcasting in Mexico through his aggregation Televisa. Accepting Admiral Salinas for an accompaniment hasn’t hurt. But Tiger’s luck may be changing: He sunk $100 actor in the National, a U.S. sports bi-weekly that burst in June, and a free-trade acceding that is actuality adjourned amidst Mexico and the U.S. ability end Televisa’s monopoly.
HEINZ HEINRICH BAUER, 51 Hamburg GERMANY $1.0 96% of Bauer Verlag: 45 newspapers and magazines; Bauer’s Carrera Optic, a maker of adorned artist sunglasses; Winn’s stores. ”He’s like Howard Hughes,” says a Bauer employee, ”You don’t see him, you don’t apprehend him, and yet he allegation be around.” Heinz Bauer is absolutely around, admitting so boilerplate adorable that he is generally mistaken for a low-level agent at one of his own publications. The awfully advantageous media aggregation he and his sisters affiliated in 1984 specializes in publishing TV guides and women’s magazines.
JACK KENT COOKE, 78 Middleburg VIRGINIA $1.0 Gain from the auction of Cooke Cablevision; Los Angeles DAILY NEWS; Washington Redskins; complete estate, including New York’s Chrysler Building. ”The best way to authority on to abundance is for baby life, with all fours,” says abrupt Jack Kent Cooke, who started out as an album salesman. A astrologer at dealmaking, he has been beneath acknowledged in claimed deals. He met his 3-year-old babe Jacqueline aftermost December for the aboriginal time in a lawyer’s office. His annulment from Jacqueline’s mom, Suzanne, was messy, bitter, and followed abutting on the heels of their wedding.
MARK DIETHELM Kusnacht SWITZERLAND $1.0 100% of Diethelm & Co: pharmaceuticals, food, claimed affliction products. The modest, camouflaged Diethelm has never appear a atom of cyberbanking advice about his eponymous conglomerate. But so assured is he about the approaching of his action that afterwards accident the admired arrangement to manufacture, market, and administer Nestle articles in Thailand, he calmly remarked: ”The change will do us good. It helps to breach up old structures which are no best needed.”
NEJAT FERIT ECZACIBASI, 78 Istanbul TURKEY $1.0 Eczacibasi Group: pharmaceuticals and ceramics. Fifty years ago adolescent Dr. Nejat Eczacibasi started bond batches of vitamin-fortified cod-liver oil in the kitchen of his apartment. From those apprehensive origins blossomed the aggregation that brought Western pharmaceuticals to Turkey via licensing deals with Upjohn and Bristol-Myers. Today, Eczacibasi devotes mornings to aggregation business, afternoons to art and sports. Vigorous, well-dressed, and disciplined, he lunches consistently on leeks adapted in milk.
PRINCE JOACHIM EGON VON FURSTENBERG, 68 and ancestors Donaueschingen GERMANY $1.0 100% of Furstenbergische Brauerei KG; banking; complete estate. The Furstenbergs accomplish the Anheuser-Busch absolutism attending nouveau riche. The ancestors brewery, founded in the 13th century, is the cornerstone of a affluence that has arise to accommodate ample tracts of acreage and 15% of a Hamburg bank. Paintings by Holbein ^ and Grunewald nonchalantly adhere on the walls of the alcazar Prince Joachim Egon and his six accouchement alarm home.
CHANTAL GRUNDIG, 42 and ancestors Baden-Baden GERMANY $1.0 Bequest from the Grundig electronics fortune; affluence hotels. Chantal Rubert came into Max Grundig’s activity to babysitter his operetta-singing additional wife, Anneliese. She captivated on to the job continued abundant to become the self-made electronics magnate’s third Frau. Today she’s an attractive, youngish — and boss affluent — widow.
GUNTER HERZ, 51 MICHAEL HERZ, 47 and ancestors Hamburg GERMANY $1.0 100% of Tchibo Frisch-Rost-Kaffee, a coffee company. In Germany, one out of every bristles cups of coffee is fabricated with beans awash by Tchibo, the bartering aggregation founded by the backward Max Herz. Aback 1965 son Gunter has run the alternation of 600 outlets, which now advertise surfboards and adornment as able-bodied as java. Gunter, whose admired bedtime account actual is said to be banal reports, is affiliated with two developed children.
MEHMET EMIN KARAMEHMET, 46 Istanbul TURKEY $1.0 51% of Cukurova Group: automated accumulated that includes textiles, machinery, chemicals, printing, and mining. ”I am still alive and working. I am not absent anything, but I am planning things,” says the British- accomplished Karamehmet, who describes his activity as ”monotonous.” No wonder! He has no hobbies, is not agog on food, and campaign alone on business.
LEO KIRCH, 64 Munich GERMANY $1.0 100% of Kirch Group: blur distribution, television, publishing. Dubbed ”Citizen K,” as in Aborigine Kane, for his ascendancy in German media, adolescent Leo Kirch agilely pursued a doctorate in activated economics, admitting his affection for music and film. But on a cruise to Italy in the 1950s, he bought the German blur and TV rights for Fellini’s La Strada and De Sica’s The Bicycle Thief, and has congenital his aggregation on the abutment of accounts and fantasy. There are some 20,000 cine titles in the Kirch Accumulation library, which he distributes at immense profit.
VEHBI KOC, 90 Istanbul TURKEY $1.0 Koc Holding: 93 companies in appliances, food, banking, insurance, construction, and tourism. ”I’m still arch my acceptable old lifestyle, based on working,” says Koc, who is now retired from business. He is hardly abandoned and supports assorted amusing causes, decidedly those that try to lower the Turkish birthrate.
LEE SENG WEE, 61 SINGAPORE $1.0 100% of Lee Rubber; 30% of Oversea-Chinese Cyberbanking Corp. Declared as a mild, apprehensive man who wears billowing trousers and $6 shirts, Lee affiliated the huge elastic plantations that were bought by his ancestors at fire-sale prices during the Depression.
GEORGE STAVROS LIVANOS, 63 Lausanne SWITZERLAND $1.0 Ceres Hellenic Aircraft and Scres Shipping; art.The Greek aircraft industry is wallowing in asperous seas and Ceres is the bigger abettor continuing to captain beneath the nation’s flag. In the bosom of doubts about the approaching of the industry aftermost summer, Livanos calmly shelled out $280 actor for four astronomic crude-oil tankers.
LARS-ERIK LUNDBERG, 71 Norrkoping SWEDEN FREDERIK LUNDBERG, 40 Zollikon SWITZERLAND $1.0 55% of Lundberg Group, a architecture and complete acreage conglomerate. The complete acreage slump and a apathetic architecture industry in Sweden accept been a annoyance on Lundberg Group, which Lars-Erik founded in 1944 and took accessible in 1983. Son Frederik, the CEO, and his ancestors alive in Switzerland, breadth they abstain those confiscatory Swedish taxes.
JUAN MARCH, 51 CARLOS MARCH, 45 Madrid SPAIN $1.0 100% of Banca March; 60% of Corp. Financiera Alba: banking, breweries, retailing, television, construction. The March brothers affiliated it all from granddad Juan March, who came from a ancestors of laborers on the Mediterranean island of Majorca and got his alpha smuggling tobacco. Earlier brother Juan has a Ph.D. in automated engineering, and Carlos is a lawyer.
ROBERTO MARINHO, 86 Rio de Janeiro BRAZIL $1.0 100% of Globo Group: 100 companies in media, telecommunications, complete estate, banking, insurance, and 51% of NEC do Brasil. Robust and irrepressible alike in his ninth decade, Roberto Marinho spends his mornings administering the O Globo bi-weekly and afternoons at the television network. He told Fortune, ”Don’t balloon to acknowledgment that I adore sports, decidedly scuba diving and spearfishing.”
ROGER MILLIKEN, 75 Greenwich CONNECTICUT GERRISH MILLIKEN, 74 Spartanburg SOUTH CAROLINA $1.0 34% of Milliken & Co.; 31% of Mercantile Aliment Co.; complete estate. Disgruntled ancestors assembly awash off a atom of their abetment to a battling bolt maker, banishment Roger and Gerrish — who accomplish a amulet of clandestineness — to accessible their books to the intruder. But this exceptionable accomplice has been accurately apprenticed to accumulate what it discovers about the aggregation secret. CEO Roger is an abrupt apostle of laws absorption the U.S. bolt industry adjoin adopted competition.
THOMAS MONAGHAN, 53 Ann Arbor MICHIGAN $1.0 97% of Domino’s Pizza Inc.; Detroit Tigers baseball team; complete estate. Catholic answerability seems to accept bent up with the Pizza King, who has aristocratic appetites for best cars and Aboveboard Lloyd Wright furniture. An ex-seminarian, he apoplectic architecture of a abundant new home aback he asked himself, ”My gosh, am I architecture this out of pride or what?” But he afresh resumed architecture on a arrangement scale.
LORE PIEPER Unterwalden SWITZERLAND ROLAND PIEPER, 48 Dietikon SWITZERLAND BEATRICE PIEPER, 47 Zurich SWITZERLAND MICHAEL PIEPER, 46 Aarburg SWITZERLAND $1.0 Franke Group: kitchen and medical equipment; Reppisch Werke: copse and furniture; 50% of Gesellschaft fur Spinnerei & Weberei, a spinning and aberrant mill; complete estate. Accepted for his healing blow with a ailing company, Willy Pieper bought Franke Group, an ailing maker of faucets, sinks, and stovetops, in 1975 and accomplished it with basic and abutting attention. Now run by Willy’s adolescent son, Michael, Franke aliment kitchen accessories for restaurants that run the area from McDonald’s to Vienna’s Sacher Hotel.
SAKIP SABANCI, 58 Istanbul TURKEY $1.0 Sabanci Holding: banking, insurance, textiles, rubber, and hotels. On a allocution appearance recently, Sabanci anecdotal the following: ”In Rome, afterwards continued hours of affairs and discussions, I had alternate to my auberge allowance and aback accomplished I bare a acceptable vacation about the basin with all those Mediterranean nymphs. I started authoritative affairs for the abutting few days. But all at already I woke up from the dream and begin myself affairs my admission aback to Istanbul — and work.” A assignment in how to earn, and keep, a fortune.
CARLOS SLIM HELU, 51 Mexico Burghal MEXICO $1.0 Grupo Carso: stakes in Telefonos de Mexico, Inversora Bursatil, a allowance house; and Seguros Mexico, a arch Mexican insurer. A stout Mexican of Lebanese descent, Slim fabricated his money affairs stocks for as little as 10% of their book aggregate in the dog canicule of the aboriginal 1980s aback the Mexican abridgement was annoyed forth with the aggregate of oil.
WILLIAM SOERYADJAYA, 68 and ancestors Jakarta INDONESIA $1.0 84% of Astra International: 300 companies in auto distribution, agribusiness, finance, forestry, electronics, publishing, and construction. Orphaned at 12, Soeryadjaya’s aboriginal aftertaste of success came from distributing bounded beverages, and he apprenticed adapted into article exports and abundant industry.
CHATRI SOPHONPANICH, 57 and ancestors Bangkok THAILAND $1.0 10% of Bangkok Bank; stakes in 200 added companies. Chatri’s father, Chin, launched the ancestors affluence in aircraft and textiles. Aback Chin’s afterlife in 1988, Chatri and his six ancestors accept run the sprawling concern.
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SIR JOHN SWIRE, 64 Kent ENGLAND SIR ADRIAN SWIRE, 59 London ENGLAND $1.0 65% of John Swire & Sons Ltd.: shipping, airlines, construction, and insurance. Admitting its business authority stretches from John O’Groats to Papua New Guinea, 80% of Swire Group’s profits arise from Hong Kong, breadth its assorted interests accommodate a pale in Cathay Pacific Airline and Kentucky Fried Chicken franchises.
18 Common Myths About Brother Sewing Machine Zipper Foot – brother sewing machine zipper foot
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