FOUNDER, UniPegaso Danilo Iervolino is an Italian entrepreneur who founded online university UniPegaso in 2006, one of the first to be established in Italy. Iervolino started UniPegaso at age 28 and grew it to become the largest in Italy, serving more than 120,000 students. Net worth: $1 billion He sold his company Multiversity, which includes UniPegaso, to private equit... read more
Co-Founder, Amdocs Morris Kahn cofounded Amdocs, a customer-relationship management-and-billing software firm for large telecom outfits. He sold nearly $1 billion worth of shares after Admocs went public in 1998. Net worth: $1 billion A South African native, he lives on the Israeli coast and spends much of his time on a 100-foot yacht. Through his Aurum Ventures, Morris ... read more
CEO, The Kamson Corporation Richard Kurtz is the founder, CEO and controlling shareholder of The Kamson Corporation, a privately held real estate management company. The Englewood, New Jersey-headquartered Kamson controls over 60 multifamily apartment buildings properties, with over 15,000 units, across New Jersey, New York, Pennsylvania and Connecticut. Net worth: $1 bi... read more
EasyJet The son of a Greek Cypriot shipping magnate, Stelios Haji-Ioannou founded the budget airline easyJet in 1995 after leaving his father’s company. Stelios owns an estimated 4% of the airline; his siblings Clelia and Polys both have large stakes as well. Net worth: $1 billion Stelios maintains ownership of the easy brand through his private company, easyGroup.... read more
CEO, PAG Weijian Shan is the chairman and CEO of PAG, an Asia-focused private equity firm with $50 billion in assets under management. Net worth: $1 billion Before founding PAG’s private equity business in 2010, he worked for 12 years at TPG Capital and was the U.S. private equity giant’s top China dealmaker. At TPG, Shan spearheaded the first purchase of a s... read more
CO – FOUNDER, AppLovin Andrew Karam is a cofounder of AppLovin, which which makes mobile games and provides marketing services to app developers. Karam serves as vice president of product at the Palo Alto-based technology company. Net worth: $1 billion Before AppLovin, Karam cofounded mobile marketing firm Social Hour and Style Page, a now-defunct social platform f... read more
Musician Entrepreneur and musician Kanye West lost his lucrative multi-year deal to design sneaker brand Yeezy for Adidas after making antisemitic comments. Other brands and companies that cut ties to West, who formally changed his name to Ye, include Gap, CAA and Balenciaga. Net worth: $400 million Forbes had valued the Adidas deal at $1.5 billion. Without it, West̵... read more
FOUNDER, Alkyl Amines Chemicals Ltd Yogesh Kothari is chairman and managing director of Alkyl Amines Chemicals, a Mumbai specialty chemicals manufacturer. The Mumbai company was set up by him in 1979 and listed on the Bombay Stock Exchange in 1981. Net worth: $1 billion Alkyl Amines supplies to the pharmaceutical, agrochemical and rubber chemical industries. His older br... read more
Founder, FTX Sam Bankman-Fried was one of the richest people in crypto, thanks to his FTX exchange and Alameda Research trading firm, before his empire came crashing down in November 2022. After users began withdrawing their investments from FTX at a rapid pace, Bankman-Fried filed for bankruptcy for FTX, FTX’s U.S. operations and Alameda Research. It’s a stu... read more
Haldiram Snacks Manohar Lal Agarwal runs Delhi-based Haldiram Snacks with brother Madhusudan Agarwal. The company is known for its savory snacks, sweets and frozen foods. Net worth: $1 billion Their grandfather started selling savory snacks from a tiny shop in Bikaner, Rajasthan in 1937. The business was divided among his descendants into three separate companies, includ... read more
CEO, Theranos Elizabeth Holmes dropped out of Stanford University and founded blood testing startup Theranos in 2003, with the aim of using just a few drops of blood. Theranos raised more than $700 million from investors (including from billionaires Rupert Murdoch and Larry Ellison), who valued the company at $9 billion. Forbes named Holmes the world’s youngest sel... read more
Supervisor, Zhejiang Rongsheng Holding Group Xu Yuejuan is a supervisor of Zhejiang Rongsheng Holding Group, a petrochemicals supplier. Xu Yuejuan is a sister-in-law of Li Shuirong, the chairman and cofounder of Rongsheng’s publicly traded Rongsheng Petro Chemical. Net worth: $1.1 billion Zhejiang Rongsheng Holding is headquartered in the eastern Chinese city of Ha... read more
Chairman, Yantai Jereh Equipment Co. Ltd Sun Weijie chairs the Yantai Jereh Oilfield Services Group, a supplier of oil exploration equipment. Jereh was listed at the Shenzhen Stock Exchange in 2014. Sun founded Jereh in 1999. ... read more
FOUNDER & CEO, Paytm Son of a schoolteacher from a small city in north India, Vijay Shekhar Sharma founded fast-rising mobile wallet Paytm in 2011. One of the biggest beneficiaries of India’s 2016 demonetization, Paytm has notched up 400 million users and 25 million transactions daily. Net worth: $1 billion Sharma made a splash in August 2018 by getting Warren ... read more
Founder, Booyoung Group Lee Joong-keun is credited with introducing rental housing in South Korea and is the founder of Booyoung Group, a property and construction giant. In February 2018, he went to jail on charges of embezzlement, tax evasion and creating a slush fund. He denied the charges and is awaiting trial. Net worth: $1.1 billion In November 2018, he was convict... read more
CHAIRMAN, Prosegur Helena Revoredo is chair of Prosegur, a Spanish private security company known for its fleet of 9,000 yellow armored trucks and 150,000 employees. Her late husband, Herberto Gut, founded the company in 1976; Gut died in a car accident in 1997. Net worth: $1 billion Her son, Christian, is Prosegur’s CEO, and her daughter Chantal Gut sits on the bo... read more
President, Koei Tecmo Holdings Yoichi Erikawa cofounded videogame developer Koei more than four decades ago with his wife Keiko Erikawa. The company, now called Koei Tecmo Holdings, trades on the Tokyo Stock Exchange. Net worth: $1.1 billion Yoichi is president and CEO and Keiko is chairman. Keiko manages Koei Tecmo’s $1.1 billion in assets across Japan, Hong Kong ... read more
M&L Hospitality Hotel tycoon Michael Kum runs a hospitality empire spanning 20 hotels across Asia and Europe through his privately held M&L Hospitality. His eldest daughter Jocelyn helps him run the hotel group, which includes brands such as Hilton and Hyatt. Net worth: $1 billion The son of street hawkers, Kum got into hotels in 2009 after selling his offshore b... read more
Supervisor, Rongsheng Petrochemical Li Guoqing is a supervisor of Rongsheng Petrochemical, a company specialized in the production and marketing of petrochemical and chemical fiber. Brother Li Yongqing a director of the listed company, is also a billionaire. Net worth: $1.1 billion Rongsheng is headquartered in the eastern Chinese city of Hangzhou. ... read more
Jiangsu Hengrui Medicine Cai Hongbin’s fortune comes from his stake in Jiangsu Hengrui Medicine. Jiangsu Hengrui is one of China’s largest pharmaceutical companies, employing more than 20,000 people. Net worth: $1 billion Fellow Chinese billionaire Sun Piaoyang is Hengrui’s chairman. ... read more