Published On: Sat, Dec 31st, 2016

Here are the biggest billionaire gainers in 2016

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With the estimated worth of different businessmen all over world we present you the Forbes list for the biggest billionaire gainers in 2016.

Warren Buffet (over $12.3 billion)

biggest billionaire gainers in 2016

He has a net worth of $74.2 billion as shares of investment firm Nerkshire Hathaway soared 20% boosting. CEO Warren Buffet and more than 9 other billionaires hold stakes in this firm. Warren of course owns most of them. Most of his gains ($7.8 billion) came after Donald Trump won the November presidential elections.

Wang Wei (over $10.8 billion)

wang-wei

With a net worth of $14.4 billion, the S.F. Express Chairperson of the FedEx of China, the merger has gotten him loads. The backdoor listing move with Maanshan Dingtai Rare Earth & New Materials Co has made him truly successful. These shares have also doubled in value by 2015’s end.

Harold Hamm & family (over $9.1 billion)

biggest billionaire gainers in 2016 2

The oil collapse might have crushed the family the most but they have gained most from its recovery now.

Yao Zhenhua (over $7.3 million)

yao-zhenhua

With $8.3 billion net worth, this little investor’s insurance company has shares of one of China’s biggest property developers. He owns 25% of the company now and controls 40% of China’s malls besides China Vanke. The malls have made the most of his 2016 gain to add to this year’s net worth.

Masayoshi Son (over $7.1 billion)

biggest billionaire gainers in 2016 3

The SoftBank CEO has a net worth of $19.4 billion even though now Trump has made his fortunes better. His firm shall invest $50 billion in American startups. Its shares spiked 12% in the next 2 days. He also overtook Uniqlo boss Tadashi Yanai to become the richest Japanese man.

Jeff Bezos (over $6.6 billion)

biggest billionaire gainers in 2016 4

With net worth of $65.7 billion, the Amazon CEO and founder, has massive gains in shares. It hit an all-time high in October at $12.5 billion up since the year’s start. Bezos didn’t get a boost after Trump as though.

Sheldon Adelson (over $5.6 billion)

biggest billionaire gainers in 2016 5

The richest casino boss has net worth of $30.3 billion. It fell $16 billion in 2014’s start till 2015’s end as China cut on gambling, corruption revenues, etc. However, his Las Vegas Sands rebounded this year and the year ended with 24% increase in his wealth.

Bernard Arnault & family (over $5.6 billion)

biggest billionaire gainers in 2016 6

The French luxury King and family has net worth of $39.8 billion as they own 73% of Christian Dior. They are stakes worth $27 billion while revenues hit 38 billion Euros record in 2016. The shares climbed 24% while they also have stakes in LVMH and Hermes that each had 20% increases this year.

Vagit Alekperov (over $ 5.2 billion)

vagit-alekperov

The head of Lukoil (Russia’s largest independent oil company) has net worth of $14 billion. Crude price increase in 2016 gave 72% jumps after the Brexit year. Additionally, 42% value was also added as the Russian Ruble also increased in worth.

Leonid Mikhelson (over $5.2 billion)

biggest billionaire gainers in 2016 8

The Novatek natural gas producer’s key investor has net worth of $18 billion. Mikhelson is also Vladimir Putin’s son-in-law’s partner. The stock increased 29% last year while 2/3’s were gained due to Trump in November. He has also benefited from the Russian Ruble’s growth.

About the Author

- A Karachi based freelancer, fervid about writing though logophile in nature and a computer engineer by profession.. She is a travel buff with the intent to make each moment worthwile. After all life is all about happiness to cherish and smiles to flourish!