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Hurun Global Rich List 2023: 3,112 Billionaires with 57% of Billionaires in Asia, China & United States Represent 53% of Total Billionaires, 70% are Self-Made Billionaires & 30% Inherited Wealth

8th April 2023 | Hong Kong

Hurun Report has released the Hurun Global Rich List 2023, providing key insights on billionaires and the full ranking of billionaires in 2023.  In 2023, there are a total of 3,112 billionaires, with 8 billionaires with more than $100 billion and 230 billionaires with more than $10 billion.   The top 3 billionaires are Bernard Arnault (LVMH) $202 billion, Elon Musk (Tesla), $157 billion, and Bertrand Puech (Hermes) $134 billion.  The top 10 billionaires are Bernard Arnault (LVMH), Elon Musk (Tesla), Bertrand Puech (Hermes), Jeff Bezos (Amazon), Warren Buffett (Berkshire Hathaway), Bill Gates (Microsoft), Steve, Ballmer (Microsoft), Larry Ellison (Oracle), Mukesh Ambani (Reliance), Francoise Bettencourt Meyers (L’Oreal) and the top 10 billionaires in APAC are Mukesh Ambani (Reliance), Zhong Shanshan (YST), Gautam Adani (Adani), Ma Huateng (Tencent) Zhang Yiming (ByteDance), Zeng Yuqun (CATL), Huang Zheng (Pinduoduo), Li Ka-shing (Cheung Kong), Masayoshi Son (SoftBank), Ding Lei (Netease).  Billionaire Population by Region – Asia 57%, North America 15%, Europe 15%.  The top 5 countries with most billionaires – China 969, United States 691, India 187, Germany 114, UK.  China & United States represent 53% of billionaires population (1,660 of 3,112).  The top 3 preferred cities for billionaires to live in are Beijing, New York, Shanghai.  The top 4 billionaire Source of Wealth are Consumer Goods 9.2%, Financial Services 9.1%, Healthcare, Retail.  New sports billionaires in 2023 are Lionel Messi, Cristiano Ronaldo, Tiger Woods, Lebron James, Floyd Mayweather, Roger Federer.  70% of billionaires are self-made and 30% of billionaires inherited the wealth.  61% are B2C (Business-to-Consumer) billionaires and 39% are B2B (Business-to-Business) billionaires.  See below for key summary and billionaires ranking.

“ 3,112 Billionaires with 57% of Billionaires in Asia, China & United States Represent 53% of Total Billionaires, 70% are Self-Made Billionaires & 30% Inherited Wealth “

 



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Hurun Global Rich List 2023

Shanghai, China

Hurun Report has released the Hurun Global Rich List 2023, providing key insights on billionaires and the full ranking of billionaires in 2023.  See below for key summary and billionaires ranking.

 

1) Key Billionaire Summary

  • Total billionaires in 2023 – 3,112 billionaires (Decrease by 269 billionaires)
  • More than $100 billion – 8 billionaires
  • More than $10 billion – 230 billionaires
  • Total billionaires wealth – $13.7 trillion (Global GDP $101.5 trillion)
  • Top 10 billionaires net worth requirement – $80 billion 
  • Top 100 billionaires net worth requirement – $17 billion 
  • Top 500 billionaires net worth requirement – $5.9 billion 
  • Top 1,000 billionaires net worth requirement – $3.3 billion 

2) Top Billionaires in 2023

  • Top 3 billionaires – Bernard Arnault (LVMH) $202 billion, Elon Musk (Tesla), $157 billion, Bertrand Puech (Hermes) $134 billion
  • Top 10 billionaires – Bernard Arnault (LVMH), Elon Musk (Tesla), Bertrand Puech (Hermes), Jeff Bezos (Amazon), Warren Buffett (Berkshire Hathaway), Bill Gates (Microsoft), Steve, Ballmer (Microsoft), Larry Ellison (Oracle), Mukesh Ambani (Reliance), Francoise Bettencourt Meyers (L’Oreal)
  • Top 10 billionaires in APAC – Mukesh Ambani (Reliance), Zhong Shanshan (YST), Gautam Adani (Adani), Ma Huateng (Tencent) Zhang Yiming (ByteDance), Zeng Yuqun (CATL), Huang Zheng (Pinduoduo), Li Ka-shing (Cheung Kong), Masayoshi Son (SoftBank), Ding Lei (Netease)
  • Richest Man in the World Title in the last 10 years – Carlos Slim, Bill Gates, Jeff Bezos  Elon Musk, Bernard Arnault
  • Billionaires donating > $1 billion in last year – MacKenzie Scott (Jeff Bezos ex-wife) $14 billion, Bill Gates $5 billion, Elon Musk $2 billion

3) Billionaires by Region

  • Billionaire Population by Region – Asia 57%, North America 15%, Europe 15%
  • Top 5 countries with most billionaires – China 969, United States 691, India 187, Germany 114, UK
  • China & United States – 53% of billionaires population (1,660 of 3,112)
  • Top 3 Preferred Cities for Billionaires to live in – Beijing, New York, Shanghai

4) Billionaires Insights

  1. Top 4 Billionaire Source of Wealth – Consumer Goods 9.2%, Financial Services 9.1%, Healthcare, Retail
  2. Billionaire Sector Growth – Fertilisers & Commodity Trading, Iron & Steel, Oil & Gas, Soft Drinks & Confectionary, Casinos & Hotels, Sports Clubs & Luxury Goods
  3. Billionaire Sector Decline – Semi-conductors, Cloud Solutions, Cyber Security, Payment Systems, E-Commerce, Batteries & New Energy, Biotech
  4. New Sports billionaires – Lionel Messi, Cristiano Ronaldo, Tiger Woods, Lebron James, Floyd Mayweather, Roger Federer
  5. New Music billionaires – Rihanna, Jay Z, Paul Mccartney, Andrew Lloyd Webber
  6. New Entertainment billionaires – Peter Jackson (Lord of the Rings), Jerry Seinfeld, Tyler Perry
  7. B2C Billionaires – 61%
  8. B2B Billionaires – 39%
  9. Physical Products Billionaires – 66%
  10. Software & Services Billionaires – 31%
  11. Oldest Billionaires Families – 111 Billionaire Families (4th Generation, & onwards)
  12. Under Age 40 – 82 billionaires (56 self-made, 26 inherited)
  13. Self-made Billionaires – 70% of billionaires
  14. Inherited Billionaires – 30% of billionaires
  15. Self-made Women – 247 billionaires
  16. Richest Self-Made – Francoise Bettencourt Meyers (Age 69) L’Oreal
  17. Richest Self-Made Woman – Diane Hendricks (Age 76) ABC Supply (Roofing Supply)
  18. Immigrant Billionaires – 13.7% of billionaires
  19. Immigrant Billionaires by Country – United States (114), UK (57), Switzerland (54)
  20. Richest Immigrant Billionaires – Elon Musk (South Africa), Sergey Brin (Russia)

5) Top 10 Billionaires in the World

  1. Bernard Arnault (France, LVMH) – $202 billion
  2. Elon Musk (United States, Tesla) – $157 billion
  3. Bertrand Puech (France, Hermes) – $134 billion
  4. Jeff Bezos (United States, Amazon) – $118 billion
  5. Warren Buffett (United States, Berkshire Hathaway) – $116 billion
  6. Bill Gates (United States, Microsoft) – $110 billion
  7. Steve Ballmer (United States, Microsoft) – $101 billion
  8. Larry Ellison (United States, Oracle) – $100 billion
  9. Mukesh Ambani (India, Reliance) – $82 billion
  10. Francoise Bettencourt Meyers (France, L’Oreal) – $80 billion

6) Top 10 Billionaires in Asia-Pacific

  1. Mukesh Ambani (India, Reliance) – $82 billion
  2. Zhong Shanshan (China, YST) – $69 billion
  3. Gautam Adani (India, Adani) – $53 billion
  4. Ma Huateng (China, Tencent) – $39 billion
  5. Zhang Yiming (China, ByteDance) – $37 billion
  6. Zeng Yuqun (China, CATL) – $35 billion
  7. Huang Zheng (China, Pinduoduo) – $31 billion
  8. Li Ka-shing (Hong Kong, Cheung Kong) – $31 billion
  9. Masayoshi Son (Japan, SoftBank) – $28 billion
  10. Ding Lei (China, Netease) – $27 billion

7) Top 100 Billionaires in 2023

No. Name Rank Wealth Company Country
1 Bernard Arnault 1 $202 billion LVMH France
2 Elon Musk 2 $157 billion Tesla United States
3 Bertrand Puech 3 $134 billion Hermes France
4 Jeff Bezos 4 $118 billion Amazon United States
5 Warren Buffett 5 $116 billion Berkshire Hathaway United States
6 Bill Gates 6 $110 billion Microsoft United States
7 Steve Ballmer 7 $101 billion Microsoft United States
8 Larry Ellison 8 $100 billion Oracle United States
9 Mukesh Ambani 9 $82 billion Reliance India
10 Francoise Bettencourt Meyers 10 $80 billion L’Oreal France
11 Carlos Slim Helu 11 $78 billion America Movil Mexico
12 Amancio Ortega 11 $78 billion Inditex Spain
13 Larry Page 13 $75 billion Alphabet United States
14 Sergey Brin 14 $72 billion Alphabet United States
15 Zhong Shanshan 15 $69 billion YST China
16 Mark Zuckerberg 16 $68 billion Meta United States
17 Jim Walton 17 $66 billion Walmart United States
18 Robson Walton 17 $66 billion Walmart United States
19 Michael Bloomberg 19 $64 billion Bloomberg United States
20 Alice Walton 20 $63 billion Walmart United States
21 Julia Koch 21 $55 billion Koch Industries United States
22 Charles Koch 21 $55 billion Koch Industries United States
23 Gautam Adani 23 $53 billion Adani India
24 Michael Dell 24 $50 billion Dell Technologies United States
25 Jacqueline Mars 25 $47 billion Mars United States
26 John Mars 25 $47 billion Mars United States
27 Giovanni Ferrero 27 $46 billion Ferrero Rocher Italy
28 Francois Pinault 28 $43 billion Kering France
29 Klaus-Michael Kuehne 29 $41 billion Kuehne & Nagel Germany
30 Phil Knight 29 $41 billion Nike United States
31 Ma Huateng 31 $39 billion Tencent China
32 Alain Wertheimer 32 $38 billion Chanel France
33 Gerard Wertheimer 32 $38 billion Chanel France
34 Miriam Adelson 34 $37 billion Las Vegas Sands United States
35 Zhang Yiming 34 $37 billion ByteDance China
36 Ken Griffin 36 $36 billion Citadel United States
37 Zeng Yuqun 37 $35 billion CATL China
38 Laurene Powell Jobs 38 $32 billion Walt Disney United States
39 Huang Zheng 39 $31 billion Pinduoduo China
40 Leonard Blavatnik 39 $31 billion Warner Music United States
41 Dieter Schwarz 39 $31 billion Schwarz Germany
42 Li Ka-shing 39 $31 billion Cheung Kong Hong Kong
43 Gina Rinehart 43 $28 billion Hancock Prospecting Australia
44 Masayoshi Son 43 $28 billion SoftBank Japan
45 Thomas Peterffy 43 $28 billion Interactive Brokers United States
46 Ding Lei 46 $27 billion Netease China
47 Takemitsu Takizaki 46 $27 billion Keyence Japan
48 He Xiangjian 46 $27 billion Midea China
49 Cyrus Poonawalla 46 $27 billion Serum India
50 MacKenzie Scott 50 $26 billion Amazon United States
51 Shiv Nadar 50 $26 billion HCL India
52 Rodolphe Saadé 52 $25 billion CMA CGM France
53 Ma Yun 52 $25 billion Alibaba China
54 David Thomson 52 $25 billion Thomson Reuters Canada
55 Tadashi Yanai 52 $25 billion Fast Retailing Japan
56 Stephen Schwarzman 52 $25 billion Blackstone Group United States
57 Vladimir Potanin 57 $24 billion Norilsk Nickel Russia
58 Leonid Mikhelson 57 $24 billion Novatek Russia
59 Qin Yinglin、Qian Ying 59 $23 billion Muyuan China
60 Mark Mateschitz 59 $23 billion Red Bull Denmark
61 Harold Hamm 59 $23 billion Continental Resources United States
62 Lee Shau Kee 59 $23 billion Henderson Land Hong Kong
63 Elaine Marshall 63 $22 billion Koch Industries United States
64 Iris Fontbona 63 $22 billion Antofagasta Chile
65 Yan Hao 63 $22 billion China Pacific Construction China
66 Li Shufu 63 $22 billion Geely China
67 Liu Yongxing 63 $22 billion East Hope China
68 James Simons 63 $22 billion Renaissance Technologies United States
69 Jen-Hsun Huang 63 $22 billion Nvidia United States
70 R Budi Hartono 63 $22 billion Bank Central Asia Indonesia
71 Susanne Klatten 71 $21 billion BMW Germany
72 Wang Wei 71 $21 billion SF China
73 Stefan Quandt 71 $21 billion BMW Germany
74 Michael Hartono 71 $21 billion Bank Central Asia Indonesia
75 Reinhold Wurth 71 $21 billion Wurth Germany
76 Leonard Lauder 71 $21 billion Estee Lauder United States
77 Chen Jianhua、Fan Hongwei 77 $20 billion Hengli China
78 Lyu Xiangyang、Zhang Changhong 77 $20 billion Youngy China
79 Wang Chuanfu 77 $20 billion BYD China
80 Lakshmi N Mittal 77 $20 billion ArcelorMittal India
81 Ray Dalio 77 $20 billion Bridgewater Associates United States
82 SP Hinduja 77 $20 billion Hinduja United Kingdom
83 Daniel Gilbert 77 $20 billion Rocket Companies United States
84 Lee Choi Mei Ling 77 $20 billion Lee Kun Kee Hong Kong
85 Wei Jianjun、Hang Xuejuan 85 $19 billion Great Wall Motor China
86 Eric Schmidt 85 $19 billion Alphabet United States
87 Alisher Usmanov 85 $19 billion Megafon Russia
88 Gianluigi Aponte 85 $19 billion Mediterranean Shipping Italy
89 Henry Cheng Kar-shun 85 $19 billion Chow Tai Fook Hong Kong
90 Abigail Johnson 90 $18 billion Fidelity United States
91 Huang Shilin 90 $18 billion CATL China
92 Pang Kang 90 $18 billion Haitian China
93 Gennady Timchenko 90 $18 billion Novatek Russia
94 Vagit Alekperov 90 $18 billion Lukoil Russia
95 John Menard Jr 90 $18 billion Menards United States
96 Andrew Forrest 90 $18 billion Fortescue Metals Australia
97 Jorge Paulo Lemann 90 $18 billion 3G Capital Brazil
98 Lukas Walton 90 $18 billion Walmart United States
99 Diane Hendricks 99 $17 billion ABC Supply United States
100 Zhang Zhidong 99 $17 billion Tencent China

 

 

Hurun Report Chairman & Chief Researcher Rupert Hoogewerf: “The number of billionaires in the world is down by 8%, whilst their total wealth dropped 10%. Interest rate hikes, the appreciation of the US dollar, the popping of a Covid-driven tech bubble and the continued impact of the Russia-Ukraine war have all combined to hurt stock markets. The Hurun Global Rich List tells the story of the global economy through the stories of the world’s richest individuals.  Who’s up and who’s down highlights the trends in the economy.”

Hurun Report – Hurun Global Rich List 2023 provides key insights on billionaires and the full ranking of billionaires in 2023.  JDYD Liquor, a premium Chinese baijiu brand, is the title sponsor of the Hurun Global Rich List 2023 list. 




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