Zhou Qunfei, 46, Hong Kong. Net worth: $5.9 bln.
Zhou Qunfei has been named China's richest women and the most successful self-made business lady. She holds a majority stake (88%) in Lens Technology. Since 1993, she has been running the manufacturing company which supplies protective glass used in Apple and Samsung devices. Their orders account for two thirds of her revenues. Zhou Qunfei created and patented scratch-resistant coating. Her company went public on March 18 and it was a roaring success.
Frank Wang Tao, 35, China. Net worth: $3.6 bln
Frank Wang founded and leads the world's largest consumer drone company, Dajiang Innovation Technology Co (DJI). The company represents 70% of the global market of commercial and recreational unmanned aerial vehicles (UAV) for aerial photography and videography. Accel Partners, a venture fund, invested $75 bln in Dajiang Innovation Technology Co. the business was estimated at $8 bln.
Hussain Sajwani, 63, UAE. Net worth: $3.2 bln.
The business earned his fortune as one of the leading real estate developers in the UAE. He debuted with a 38-storeyed residential project 14 years ago. Apartments in the luxurious skyscraper had been sold off before the construction was started.
Ben Silbermann, 33, US. Net worth: 1.6 bln.
He is an Internet entrepreneur and CEO, who created the social network, Pinterest, 6 year ago. It is a visual pinboard which lets users organize images, links, recipes, furniture, and other things. Up to 100 million people join the website per month. Last year, investors estimated Pinterest at $11 bln.
Adam Newmann, 36, Israel. Net worth: $1.5 bln.
In 2010, Adam Newmann (the right on the photo) and Miguel McKelvey cofounded WeWork that emerged as one of the most successful startups in the US. The company offers entrepreneurs, freelancers, startups, and small businesses shared workspace for $45 per month. The company gains revenues from payments of medical insurance, bills, legal services, and cloud data storage.
William Lauder, 55, US. Net worth: $1.2 bln.
The businessman owes his wealth to the family cosmetics empire, the Estee Lauder Companies where he holds a stake. William launched his career in 1986 as regional Marketing Director of Clinique US in New York. From 1998 to 2001, Mr. Lauder was President at Clinique Laboratories. He took office as Executive Chairman of the Estee Lauder Companies in 2009.
Alexandra Anderssen, 19, Norway. Net worth: $1.2 bln.
Alexandra Anderssen and her sister make their debut on this year's rich list thanks to their father, tobacco heir Johan Anderssen who transferred 80% of his shares in investment company Ferd Holding to his daughters in 2007. However, the girls are in no hurry to run the business.
Binny Bansal, 33, India. Net worth: $1.2 bln
Binny Bansal is an Indian software engineer, who used to work for Amazon. After leaving Amazon in 2007, he and his business partner Sachin Bansal (the right on the photo) launched Flipkart, an e-commerce company. Currently, the company sends 8 million orders per month through the website. There are 45 million steady customers at the online store.
This month, the price of Bitcoin has soared to a record $89,000. Despite its constant volatility, BTC remains the most promising cryptocurrency since its debut in 2009. Many early investors who believed in Bitcoin's potential are now reaping the rewards of their foresight. Let's take a look at today's wealthiest crypto enthusiasts
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
