Here are the biggest billionaire gainers in 2016
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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.