Business | Source : Forbes
Forbes has released its list of the new entrants in the billionaire club for the year 2023, and despite a challenging year for many billionaires, these individuals have managed to beat the odds and enter the ten-figure ranks. This year’s list includes 150 new faces who have a combined net worth of a whopping $344 billion. They have made their fortunes in a diverse range of industries, from tech to real estate, finance, and more. In this article, we will delve into the top 10 new billionaires and their impressive achievements.
- Mark Mateschitz
Topping the list is Mark Mateschitz, the richest newcomer and Austria’s wealthiest person. Mark inherited 49% of Red Bull, the energy drink giant co-founded by his father, Dietrich Mateschitz, who passed away in October. Mark’s estimated net worth is an astounding $34.7 billion, making him the 37th richest person in the world.
2. Rick Cohen & family
The United States added the most new billionaires to the list this year, with a total of 51 Americans joining the ranks. The wealthiest newcomer from the US is Rick Cohen & family, owner and executive chairman of C&S Wholesale Grocers, the nation’s largest grocery wholesaler with $25 billion in revenue. Cohen has an estimated net worth of $9.6 billion.
3. Arthur Dantchik
Arthur Dantchik, cofounder of Susquehanna International Group, one of Wall Street’s largest and most successful trading firms, is the third new billionaire on the list, with an estimated net worth of $7.2 billion.
4. Rohiqa Cyrus Mistry & Shapoor Mistry
Two billionaires tied for fourth place on the list. Rohiqa Cyrus Mistry, the widow of Cyrus Mistry, the former chairman of Indian conglomerate Tata Sons, who died in a car crash in September, is the wealthiest woman newcomer on the list with an estimated net worth of $7 billion. Shapoor Mistry, who controls the 157-year-old engineering and construction giant Shapoorji Pallonji Group, also has an estimated net worth of $7 billion.
5. Annette Lerner & family is a new addition to the list with an estimated net worth of $6.5 billion. Annette Lerner is the widow of Washington, D.C.-area developer Ted Lerner (who passed away in February 2023). In 1952, Annette lent $250 to her 26-year-old husband to start a real estate company, selling homes for developers, which later grew into a hugely successful enterprise.
6. Maria Angelicoussis
Maria Angelicoussis, CEO and owner of Angelicoussis Group, a shipping company based in Athens, Greece, makes the list with an estimated net worth of $5.6 billion.
7. Robert Faith
Real estate magnate Robert Faith, founder, chairman, and CEO of global real estate firm Greystar, is a newcomer to the billionaire list with an estimated net worth of $5.2 billion.
8. Rekha Jhunjhunwala
Rekha Jhunjhunwala inherited a valuable stock portfolio from her late husband, Rakesh Jhunjhunwala, who was often referred to as India’s Warren Buffett. Rekha’s estimated net worth is $5.1 billion.
9. Alexander Gerko
Former FX quant trader of Deutsche Bank and head of FX trading of GSA Capital, Alexander Gerko, founded algorithmic trading company XTX Markets in 2015. He has an estimated net worth of $5 billion.
10. Xue Min
Finally, Xue Min, the controlling shareholder of Shanghai United Imaging Healthcare, a supplier of imaging equipment, is a newcomer to the billionaire list with an estimated net worth of $4.6 billion.