News

Advanced Search

Oppenheimer's Net Worth Jumps $2B on Forbes List

Steinmetz and Leviev Improve Finacial Position for 2011

Mar 10, 2011 12:41 PM   By Jeff Miller
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... Forbes magazine published its annual list of the world's richest players for 2011, adding 199 newcomers to the billionaire club.   The publishing group listed 1,210 billionaires who had a combined net worth of $4.5 trillion, up from $3.6 trillion in 2010.

The world's wealthiest man again was Carlos Slim Helu of Mexico, with an estimated fortune of $74 billion, an increase of nearly $21 billion from 2010.  The list included a number of executives involved, one way or another, in the  diamond and jewelry industry.

Warren Buffett  of Berkshire Hathaway was ranked as the world's third-richest man with $50 billion. Bernard Arnault of LVMH moved up three spots to No. 4 with a net worth of $41 billion.   Walton family members, who hold controlling share in Walmart, held top spots at 10, 20, 21 and 22.  Amazon.com's Jeffrey Bezos fell five spots to No. 30, but his net  worth improved to $18.1 billion from only $12.3 billion in 2010.

Facebook has become an increasingly important tool to the retail side of our industry. For this reason, we list several new billionaires this year from the social networking website starting with Mark Zuckerberg who ranked No.52 with a net worth of $13.5 billion.

Francois Pinault and family of the retailer PPR were rated at No.67, up 10 spots from 2010,  for having a net worth of $11.5 billion.

Nicky Oppenheimer and his family increased their net worth in 2010 by $2 billion and moved up to No. 136 with $7 billion. In 2010, Oppenheimer was ranked at  No. 154. Giorgio Armani also ranked at No. 136 this year with $7 billion. 

Pierre Omidyar of eBay was No. 145 with $6.7 billion.  Beny Steinmetz of the Steinmetz Diamond Group was assigned No. 162 with a net worth of $6 billion, up from No. 488 and a net worth of $2 billion in 2010.

Ralph Lauren ranked No. 173 with $5.8 billion and Johann Rupert, of Richemont Group, ranked No. 219 with a net worth of $4.8 billion.  Dustin Moskovitz of Facebook ranked No. 420 with $2.7 billion. Laurence Graff dropped from No. 374 in 2010 to 459 in 2011 with net worth of $2.5 billion.

Lev Leviev fell 127 spots to No. 782, but his wealth improved to $1.6 billion from only $1.5 billion one year ago.  Eduardo Saverin and Sean Parker, both of Facebook, shared the same rank with Leviev each with a net worth of $1.6 billion.  Jack Ma of the Internet retailer Alibaba Group was ranked number 782, with a net worth of $1.6 billion.

Other contenders included  Meg Whitman of eBay with net worth of $1.3 billion and a ranking at No. 938. Mohamed al Fayed of Harrods ranked No. 993 with net worth of $1.2 billion.  Charles Munger of Berkshire Hathaway ranked No. 1,140 with net worth of $1 billion.

 

Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share
Tags: billionaire, executives, Jeff Miller, retailers, wealthy
Similar Articles
RockwellRockwell Diamonds Raises $4M
Nov 21, 2014
Rockwell Diamonds Inc. completed an offering of two-year unsecured convertible debentures...
Similar Videos
Growth Disparity Widens Among Industry's Top Securities
Jan 02, 2013
There seemed to be two stories emerging from diamond industry share...
Zales Store Zale's 4Q Sales +8%,... 1111 sm Diamond News Broadcast... Diamond News Broadcast...
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2014 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.