(FORTUNE Magazine) – SULTAN HAJI HASSANAL BOLKIAH MU’IZZADDIN WADDAULAH, 46 and ancestors Bandar Seri Begawan BRUNEI $37.0 Investments; all-around absolute estate; oil and gas fields. The Sultan of Brunei, 25 years on the arch of this tiny country that shares the island of Borneo with Maylasia and Indonesia, abiding knows how to absorb the world’s bigger fortune. Practically aggregate in this petroleum-rich postage brand belongs to him. Aside from the accepted paintings and jewels, he additionally has the single-largest accumulating of Rolls-Royces: 153. But like abounding of his baby-boom contemporaries, the Sultan may be apprehensive if there’s added to action than baldheaded style. Hence, his third crusade to Mecca — best Moslems go abandoned already in their lives — aftermost March.
HELEN R. WALTON, 72 Bentonville ARKANSAS S. ROBSON WALTON, 47 Bentonville ARKANSAS JOHN T. WALTON, 45 San Diego CALIFORNIA JAMES C. WALTON, 43 Bentonville ARKANSAS ALICE L. WALTON, 42 Bentonville ARKANSAS $24.0 – 38% of Wal-Mart. The above merchant who revolutionized retailing, Mr. Sam was 44 aback he opened his aboriginal Wal-Mart. But he had able his accompanying concepts of discounting and self-service at Ben Franklin, which he helped accomplish the bigger absolute array abundance abettor in the U.S. With Mr. Sam gone, who will hover over cartage patterns in a baby alike above abeyant Wal-Mart locations? Best acceptable his son Rob, the new administrator of Wal-Mart, or Jim, admiral of Walton Enterprises. But allegedly not John, who builds boats in San Diego, or Alice, who founded her advance cyberbanking firm, Llama Co., to lath basal for companies in disregarded areas of places like Arkansas and Oklahoma.
TAIKICHIRO MORI, 88 and ancestors Tokyo JAPAN $14.0 Mori Architecture Co.; absolute estate. The ri man in Japan started authoritative all those yen leasing Western-style aerial rises in Tokyo afterwards Apple War II. Mori, who lives modestly, is consistently addled to arise on FORTUNE’s billionaires list. ”I’ve credible on television how the billionaires in adopted countries live,” he says. ”They all acquire such nice houses. So alike if you say I’m the top billionaire in Japan, I accretion it above a little odd.”
FORREST MARS SR., 88 Las Vegas NEVADA FORREST MARS JR., 61 McLean VIRGINIA JOHN MARS, 56 McLean VIRGINIA JACQUELINE MARS VOGEL, 51 Bedminster NEW JERSEY $13.0 100% of Mars Inc: M&M/Mars, Uncle Ben’s Rice, Pedigree pet food, Mars Electronics. The associates of the Mars association run their business like they run their lives: somewhat eccentrically. Co-CEOs John and Forrest Jr. allotment a secretary, abstain clandestine offices, and bite in every morning. They alike taste- analysis the dog food. Woof! Woof! Their antecedent acclimated to alarm his sons from his retirement abode a Las Vegas to address them about their shortcomings as managers.
SAMUEL I. NEWHOUSE JR., 64 DONALD E. NEWHOUSE, 62 and ancestors New York NEW YORK $13.0 100% of Advance Publications and Newhouse Broadcasting. So antisocial that an abettor reportedly already mistook him for the appointment carpenter, Si Newhouse can accomplish his attendance felt. Afresh he exploded a bomb at the admirable New Yorker by bringing in a new editor, the amazing Tina Brown of Vanity Fair. He manages the company’s magazines and books while brother Don looks afterwards the newspapers and broadcasting properties.
QUEEN ELIZABETH II, 66 < London ENGLAND $11.7 270,000 acreage of agronomical land; arch London absolute estate; all-inclusive banal portfolio; art; jewelry; stamps; porcelain; furniture; racehorses. Oh, for the canicule aback you could asphyxiate alarming princes in a base of malmsey! Aback the poor Queen is not ambidextrous with her bad-tempered ancient and his conjugal problems, she’s accepting to face a additional son and his. Worse, her billions and baubles are at accident with the Brits aggressive to abjure her tax-exempt status. But Liz could acquire the aftermost laugh, absence over alarming Charles and handing her acme to adolescent Prince Wills.
KING FAHD BIN ABDUL-AZIZ AL SAUD, 72 and ancestors Riyadh SAUDI ARABIA $10.0 Saudi Arabia’s oil and gas resources. Baron Fahd is accepted as a acceptable man, and has acclimatized millions to clean and restore the angelic cities of Mecca and Medina. But at 72, in ill bloom and overweight, his contempo munificence may additionally axis from a ability he doesn’t acquire all that abundant time left.
ANNE COX CHAMBERS, 72 Atlanta GEORGIA BARBARA COX ANTHONY, 69 Honolulu HAWAII $8.2 97% of Cox Enterprises. What is it about publishing dynasties? The anytime richer Cox sisters, who additionally own a media company, arise to be changeable counterparts of the above Newhouse brothers. But Anne has consistently been absorbed in Democratic backroom — her father, James, was the 1920 Democratic presidential applicant — and is anticipation to be putting a few of her bucks abaft Bill Clinton.
JOHN WERNER KLUGE, 77 Charlottesville VIRGINIA $8.1 95% of Metromedia Co.; absolute estate; cash. No best affiliated to affluence playgirl Pat, Kluge seems to acquire abandoned off the amusing pages. But he still abstracts in the business section, best afresh aback his pal Arthur B. Krim, the co-founder of Orion Pictures, asked him to save the celebrated but bankrupt cine studio. Kluge obliged, handing over $240 actor for 70% of the company.
GAD RAUSING, 70 London ENGLAND HANS RAUSING, 66 Sus ENGLAND $7.2 100% of TetraPak, liquid-food packaging. The Rausings’ tetrahedron-shaped aqueous containers were the apparatus of the aeon until a adversary alien a declared biodegradable artificial pouch. Ecology legislation and this new artefact from their adversary acquire animate Tetra’s managers, but the 1991 alliance with the Alfa Laval company, whose machines ample Tetra’s containers, promises to admonition ster Tetra’s competitiveness.
SHEIKH JABER AHMED AL SABAH, 66 and ancestors KUWAIT $7.0 All-inclusive adopted investments; absolute estate. Kuwait’s treasury and Jaber’s affluence are abstracted entities, which is a acceptable action for Jaber as his country tries to clean its Gulf war-torn infrastructure. But war has abiding been hell for the Sheikh. Aback the Palestinians larboard Kuwait, he absent accoutrements of tenants for his apartments.
KENNETH R. THOMSON, 69 Toronto CANADA $6.2 71.1% of Thomson Corp., publishing; 73% of Hudson’s Bay Co., administration stores; 81.2% of Markborough Properties; art; absolute estate. Canada’s ri man is a Depression-era kid who still carries his affidavit in a artificial bag. Says Thomson: ”My wife, Marilyn, gives me briefcases, but I’m a accoutrement for artificial bags. They do the job so well. I can still bethink the Depression. I’m animate bigger than best people. But I absorb with my eyes open.”
WILLIAM GATES III, 36 Seattle WASHINGTON $5.9 30.5% of Microsoft. Yes, America’s boy billionaire is still the U.S.’s best acceptable bachelor. But he’s hardly had time for a wife. The aggregation he co- founded with Paul Allen (see below) above 17 years ago now has almost the bazaar aggregate of GM, and in March the aggregation arise its accretion of Fox Software. Does Gates intend to bang-up the database software bazaar the way he does the operating systems software market?
RONALD OWEN PERELMAN, 49 New York NEW YORK $5.3 100% of MacAndrews & Forbes Holdings: Revlon, Coleman Cos., 21% of Civic Bloom Laboratories; 60% of Marvel Comics; 100% of Aboriginal Gibraltar Bank. Ron Perelman is still aggravating to de-Eighties his antithesis sheet, diplomacy some companies and demography others public. Ron and wife Claudia, whose conjugal problems are able-bodied publicized, accumulate abashing anniversary columnists with their on-again, off-again union.
LORD ALAN SAINSBURY OF DRURY LANE, 90 SIR ROBERT SAINSBURY, 84 LORD JOHN SAINSBURY OF PRESTON CANDOVER, 65 DAVID SAINSBURY, 51 London ENGLAND $5.2 35.7% of Sainsbury’s: supermarkets. At 65, Lord John stepped bottomward as administrator of Sainsbury’s afterwards one of the best years in the company’s 123-year history. But the hand-off to accessory David was bedridden by actor objections to the firm’s accommodation to accessible on Sundays.
SHEIKH MAKTOUM BIN RASHID AL MAKTOUM, 52 and ancestors Dubai UNITED ARAB EMIRATES $5.0 Oil; investments. Maktoum rules the tiny accompaniment of Dubai, which he runs with his three abounding brothers: Hamdan, Mohammad, and Ahmed. As Prime Minister of the UAE, he has adequate the abutment alike at the aggregate of abbreviation Dubai’s independence. The bodies of Dubai admire him as a benevolent antecedent of grants for architecture houses or plots of acreage for bells gifts.
SHEIKH ZAYED BIN SULTAN AL NAHAYAN, 77 and ancestors Abu Dhabi UNITED ARAB EMIRATES $5.0 Oil; absolute estate; investments. Best Abu Dhabians acquire that the collapse of Coffer of Credit & Commerce All-embracing was a Western artifice to abort a acclimatized Muslim bank. Whether Zayed shares this action or not, he captivated a majority pale in the abominable institution, and reportedly had his ancestors stop authoritative adopted investments afterwards BCCI’s aborticide affected him to action $1.7 billion from the state’s treasury to atone depositors.
KEIZO SAJI, 73 and ancestors Hyogo JAPAN $4.9 89.5% of Suntory, Japan’s bigger liquor manufacturer; absolute estate. Aback Keizo’s father, Shinjiro Torii, founded Suntory in 1899, it was accepted abandoned as a whiskey distiller. Beneath Keizo, whose surname is Saji for affidavit so blurred not alike the aggregation knows why, Suntory added beer, wine, and bendable drinks to its liquor cabinet. Keizo is able-bodied liked, but has been accepted to put his basal in it. Aftermost year, during the Japanese banal bazaar scandals, he announced: ”The companies compensated for antithesis losses charge be ostracized.” One anniversary afterwards he begin out Suntory was one of these companies, and so he apologized for his outburst.
WARREN EDWARD BUFFETT, 62 Omaha NEBRASKA $4.8 45% of Berkshire Hathaway. At 195 pounds, broker Warren Buffett is anniversary 5,600 times his weight in gold, but you don’t acquire to acquaint that to shareowners of Berkshire Hathaway. In June, Buffett stepped bottomward from the job as Salomon Inc.’s acting chairman. Like abounding self-made affluent people, Buffett prides himself on frugality: His bacon from Salomon was $1.
PERRY BASS, 78 SID RICHARDSON BASS, 49 EDWARD PERRY BASS, 47 ROBERT MUSE BASS, 44 LEE MARSHALL BASS, 35 Fort Anniversary TEXAS $4.7 18.9% of Disney; securities; absolute estate. The Bass family’s affiliated oil affluence is growing faster than this association of Yale and Stanford grads can accord it away. But ecopreneur Edward is aggravating by basement best of the bill for Biosphere 2. Says antecedent Perry: ”You can abandoned eat so much. You can abandoned abrasion so abounding clothes. I’ve got some nice paintings. Now I’m not diplomacy any more. I don’t acquire anyplace to adhere them.”
CHARLES KOCH, 56 Wichita KANSAS DAVID KOCH, 52 New York NEW YORK $4.7 80% of Koch Industries. Accepting bought out ancestors William and Fredrick for a arise $620 actor in 1983, action barons Charles and David now ascendancy America’s second-largest clandestine company. Internecine affray continues amid the four Koch boys, admitting in May, David advantageously congratulated William for acceptable the America’s Cup canoeing finals.
EDGAR M. BRONFMAN, 63 New York NEW YORK CHARLES R. BRONFMAN, 61 Montreal CANADA PHYLLIS BRONFMAN LAMBERT, 66 and ancestors Montreal CANADA $4.6 37.6% of Seagram Co.; bartering absolute estate; cash. Luckily exceptional liquors haven’t suffered the aforementioned affluence backfire as actor paintings and couture. In fact, the Bronfmans acquire been auctioning lower-margin brands — aback health-conscious Arctic Americans tipple, they don’t appetite to decay it on second-rate stuff.
ARTHUR EDWARD GUINNESS, EARL OF IVEAGH, 23 and ancestors London ENGLAND $4.6 Iveagh Trustees Ltd.: absolute estate, oil, ranching, transport, securities; 2% of Guinness PLC. The Guinness ancestors was animate in their brewery for 233 years until the third aristocrat accommodated from the lath in June and afterwards died of throat cancer. Now the fourth earl, son of No. 3, admitting still in school, is arch of the family.
OTTO BEISHEIM, 70 Baar SWITZERLAND $4.5 33% of Metro Group; 50% of Kaufhof AG, administration stores; 33% of Pelikan, appointment accessories manufacturers. At 40, aback added men were starting their midlife crises, Beisheim launched the bartering business that would accomplish him a billionaire, and the ri Swiss. About 30 years afterwards Metro is still bistro up companies, best afresh aggravating for Asko Group, which Beisheim is action afterwards with the admonition of a adolescent ten-digit nabob, Klaus Jacobs (see below) and added investors.
JOHN PAUL GETTY, 60 Buckinghamshire ENGLAND GORDON PETER GETTY, 58 San Francisco CALIFORNIA $4.5 Trusts; inheritance; investment. While Mahler-loving Gordon composes in California, ex-heroin user J. Paul tightens the aegis at his Wormley Estate. But some troubles access alike the best security. J. Paul’s daughter, Aileen, 32 — Elizabeth Taylor’s above daughter-in-law — has the AIDS virus.
SIR JOHN MOORES, 96 and ancestors Formby ENGLAND $4.5 Littlewoods Organization: mail order, retail stores, football pools, archive shops, banking, absolute estate. Littlewoods’s assisting football pools are actuality threatened by the anticipation of a government-sponsored civic lottery. No problem, says Administrator Leonard van Geest, who is accounted to be diversifying into sports broadcasting and bartering in St. Petersburg. Littlewoods is the aboriginal above British broker in Russia.
ESTEE LAUDER, 84 and ancestors New York NEW YORK $4.3 100% of Estee Lauder. The adamant and constant adorableness queen still occasionally tests fragrances for her aggregation but no best manages its day- to-day operations. That job avalanche to her beforehand son, Leonard, who is aggravating to administer Youth Dew to his company’s added middle-aged image.
GERALD GROSVENOR, DUKE OF WESTMINSTER, 40 and ancestors Chester ENGLAND $4.0 Affiliated absolute acreage backing and bartering backdrop in London, Hawaii, Chicago, Boston, and San Francisco. The sixth Duke of Westminster claims he and wife Natalia weren’t action for the ”heir and a spare” aback she gave address to aboriginal son Hugh afterwards two daughters. But with Natalia assured a fourth adolescent in October, it looks like the additional — and the bequeathal of the duke’s appellation — may be cautiously in place.
ERIVAN KARL HAUB, 60 Mulheim GERMANY $4.0 100% of Tengelmann AG, Germany’s bigger bazaar chain; 52% of Great Atlantic & Pacific Tea Co. Nicknamed the ”Green Billionaire” for his ecological zeal, Haub’s been appealing afire about accretion his authority too. In 1991 abandoned Tengelmann acquired 930 stores, accretion its backing by added than 17%.
KONRAD HENKEL, 77 and ancestors Dusseldorf GERMANY $4.0 100% of Henkel Group: detergents, chemicals, aseptic products, cosmetics, and epoxies. Konrad Henkel no best chairs the actinic business his grandfathering founded, and the aggregation is actuality run by able managers. In Konrad’s view, this is above as it should be. But he still shows up at functions, and his avant-garde art charcoal in the halls of the company’s 19th-century authoritative architecture area it puzzles the employees. His wife Gabriele continues to accord her abundant parties.
MASATOSHI ITO, 68 and ancestors Tokyo JAPAN $4.0 17% of Ito-Yokado, a bazaar chain; 9.4% of 7-Eleven Japan; 9.3% of Denny’s Japan; 4.4% of York-Benimaru, supermarkets. Masatoshi alien American-style administration to Japan through his supermarkets, afresh dotted the country with Yankee-like fast-food joints. Aftermost year his aggregation acquired 64% of its franchisor, Dallas-based Southland Corp., which was in Chapter 11.
STAVROS NIARCHOS, 83 St. Moritz SWITZERLAND $4.0 Shipping; absolute estate; cash; art; racehorses. Stavros Niarchos and Aristotle Onassis spent their lives aggressive for arch cachet in the aircraft apple — and in the bedroom. Both were affiliated to the aforementioned woman, Christina Livanos, but allegedly neither succeeded in authoritative her happy. Niarchos won the constancy contest, but his bloom is now so breakable that he claims, ”I am apperception what little action I acquire on blockage alive.”
PRINCE SULTAN BIN ABDUL-AZIZ AL SAUD, 68 Riyadh SAUDI ARABIA $4.0 Saudi Arabia’s oil riches; absolute estate. Baron Fahd’s abounding brother is the Saudi Defense Minister and additional in band to the throne. Like Fahd, Sultan is generous. During Ramadan, the ages of abnegation aback Saudis commonly barter gifts, Prince Sultan has been accepted to accord abroad $500,000 in a distinct evening.
JOHANNA QUANDT, 65 SUSANNE QUANDT, 29 STEFAN QUANDT, 26 Bad Homburg GERMANY $4.0 60% of BMW; securities. Admitting Herbert Quandt’s added is still blockage out of the spotlight, BMW, the aggregation her backward bedmate bailed out in 1959, abiding isn’t. Sales were up 10% aftermost year to $18 billion. Quandtlings Susanne and Stefan anniversary acquire the aforementioned 20% pale in the aggregation that Mom does additional some added holdings. Stefan above came into his bequeathal this year — but what car does the BMW boy buy to celebrate?
YASUO TAKEI, 62 and ancestors Tokyo JAPAN $4.0 81.6% of Takefuji, chump loans. A accepted Japanese adage is that if you assignment alert as adamantine as the boilerplate person, you will succeed. Aback Yasuo Takei thinks success comes from animate seven times as adamantine as average, it’s no admiration that, accepting founded Takefuji in 1968, his coffer anniversary now dwarfs those of baldheaded two-timers. Bristles years ago image-conscious Takei abdicate smoker so | that the all-around association wouldn’t accessory aloft him as ”worthless.”
SHIN KYUK-HO, 69 Seoul KOREA $3.9 41.4% of Lotte Group: absolute estate, hotels, confectionery, administration stores. Bubble-gum apostle Shin was built-in in Korea and still makes it his home, but he founded the Lotte Accumulation in Japan and is added chatty in Japanese than in his built-in tongue. Never one to absence accessible advance opportunities for his confections, Shin Kyuk-Ho owns Lotte Giants baseball team.
TOICHI TAKENAKA, 49 and ancestors Tokyo JAPAN $3.9 42.5% of Takenaka Komuten, construction. You do accomplish a few contacts afterwards about 400 years in business, so Takenaka Komuten, founded in 1610, was affianced to body Emperor Hirohito’s abode in Tokyo, and afterwards awarded the adjustment to assemble the animate accessories for his 1988 funeral. Added avant-garde projects lath the Tokyo Bay bridge.
LI KA-SHING, 64 HONG KONG $3.8 35% of Cheung Kong Holdings: 40% of Hutchison Whampoa, 9% of Canadian Imperial Coffer of Commerce, securities, absolute estate. It ability absorption American CEOs to apperceive that the wealthiest man in Hong Kong pays himself an anniversary director’s fee of $641. Of course, Li does aggregate a allotment or two. But not art. He already accumulated jade, but gave up the action afterwards breaking a admired piece; and he still lives in the aforementioned acropolis abode he abashed into 30 years ago.
RINJI SHINO, 83 Wakayama JAPAN $3.8 Diverse backing in absolute estate, art, restaurants, gas stations, manufacturing, and services. Japanese absolute acreage prices biconcave this year, but Shino’s doubled; his basal captivation is aing to the all-embracing airport beneath architecture a Osaka. It’s boxy nailing bottomward Shino’s affluence — one appraisal put it at above $4 million. The billionaire’s response: ”Oh, they charge acquire based that on the absolute acreage prices I arise to the tax authorities.”
WALTER KWOK, 42 THOMAS KWOK, 41 RAYMOND KWOK, 40 HONG KONG $3.6 46.8% of Sun Hung Kai Properties. While developers about the apple are adversity the accoutrement of Eighties speculation, the Kwok brothers are appropriately putting up accommodation barrio and watching their banal acceleration by 50% in a aggregate of months. Their backward antecedent would be proud: Self-made Tak-Seng got his alpha as a attachment salesman and accomplished his sons in British schools alike admitting he never abstruse English himself. ! ANACLETO ANGELINI, 78 and ancestors Santiago CHILE $3.5 30% of Copec: gas stations, pipelines, refining, forestry, acclimatized gas distribution; fishing companies. Built-in in Italy, Angelini fought in Ethiopia during Apple War II and afresh abashed to Chile to administer the architecture of a lock factory. With money from his onetime comrades-in-arms, he invested in the factory, afresh awash it and put the accretion into aged fishing fleets. In the aboriginal 1960s, Angelini bought out his ally and afresh abashed sagaciously on to copse and oil.
WILLIAM R. HEARST JR., 84 RANDOLPH A. HEARST, 76 and ancestors New York NEW YORK $3.4 40% of Hearst Corp. William Randolph Hearst never gave his sons ascendancy of the aggregation while he was alive. Now, 41 years afterwards his death, the Hearstlings still comedy a accessory role in the publishing association that has been likened to a Medici cloister — area all is favoritism.
KENNETH COLIN IRVING, 93 Hamilton BERMUDA JAMES KENNETH IRVING, 63 New Brunswick CANADA ARTHUR LEIGH IRVING, 60 New Brunswick CANADA JOHN E. IRVING, 57 New Brunswick CANADA $3.4 Timberland in Canada and Maine; cardboard mills; Irving Oil; newspapers; shipbuilding; oil tankers. It’s not accessible to get the axial exhausted on the all- seeing, all-controlling Irving ancestors — advisers bent blabbing to journalists about accumulated business apperceive they will be fired. But aback the Irvings apply almost one in 12 bodies in New Brunswick and would like to acquire a analogously absorbing calculation in the arctic U.S., it ability be adamantine to accumulate everybody quiet.
TSAI WAN-LIN, 67 and ancestors Taipei TAIWAN $3.4 47.5% of Cathay Action Insurance, Taiwan’s bigger action allowance company. Tsai Wan-Lin wasn’t too afraid aback his aing was denied a cyberbanking authorization in 1990; addition annex of his ancestors was complex in a cyberbanking aspersion bristles years earlier. But he’s still a connected way from the canicule aback he and his brothers ran a bake-apple and vegetable angle to pay the rent.
GIANNI AGNELLI, 71 and ancestors Turin ITALY $3.3 39.4% of Fiat Group: cars, newspapers, administration stores. This has not been a acceptable year for Administrator Agnelli. The Fiat automotive business has been hemorrhaging bazaar allotment in Italy and throughout Europe. And an bootless advance to absorb Perrier, the French sparkling baptize company, larboard the , ancestors assured a ample basal gain, but it got instead a actual absinthian aftereffect as Nestle affective the canteen from them.
MONGKOL KANCHANAPAS, 71 ANANT KANCHANAPAS, 50 KEREE KANCHANAPAS, 41 Bangkok THAILAND $3.3 58% of Bangkok Acreage Ltd.; Seiko watch distribution; watch accomplishment in Hong Kong and Switzerland; cyberbanking services; cable television; burghal busline systems. Mongkol Kanchanapas took his profits from diplomacy watches and invested them in land; above 30 years afterwards because of booming acreage values, the ancestors is sitting on Thailand’s bigger fortune. The Thai government awarded Keree’s Tanayong Co. a 30-year adjustment to body a $1 billion ablaze railway adjustment in Bangkok.
H. ROSS PEROT, 62 Dallas TEXAS $3.3 Perot Systems Corp.; cash; absolute estate; oil and gas production. He came, he saw, he conquered, he slipped, he quit. That’s the adventure of Ross Perot’s not- absolutely presidential campaign. Angry out the guy who adopted $1,000 from his wife to alpha EDS, the software aggregation that he afterwards awash to GM, didn’t appetite to use his own money to run for Admiral either.
SUMNER M. REDSTONE, 69 and ancestors Newton Centermost MASSACHUSETTS $3.2 100% of Civic Amusements; 75.6% of Viacom Inc. Accepting been a baton architecture cine theaters above the country, Redstone has absitively to about-face his absorption abroad because, he says, ”the blur industry is no best recession resistant.” Meanwhile, he is emphasizing his cable TV and added businesses that he affiliated with his accretion of Viacom in 1987. A claimed note: His grandchildren alarm him ”Grumpy,” a name he chose because, he says, ”It has no age connotations and because it’s constant with what some bodies say is my personality — which is not true.”
GARFIELD WESTON, 65 London ENGLAND W. GALEN WESTON, 51 and ancestors Toronto CANADA $3.2 57% of George Weston Ltd.; Holt-Renfrew stores; 63% of Associated British Foods. Garry’s ABF is still digesting British Sugar, which he bought aftermost year to adapt for added antagonism from European Association members. Galen’s Canadian Loblaws and Holt-Renfrew are adversity from the Canadian recession, but the polo-playing socialite distracts himself whacking the brawl about with Prince Charles.
KARL ALBRECHT, 72 Essen GERMANY THEO ALBRECHT, 69 and ancestors Mulheim an der Ruhr GERMANY$3.0 | 100% of ALDI: 3,568 supermarkets throughout Europe and the U.S.; 10.9% of Albertsons, the Boise-based bazaar chain. Here’s one band-aid to affinity rivalry: Breach the authority geographically and breach off anniversary other’s turf. Theo’s abatement supermarkets dot the Benelux countries, France, the above East Germany, and the arctic bisected of the old West Germany; Karl’s serve southern Germany, Austria, Britain, and the U.S. This action seems to work: Aftermost year the German aliment abandoned generated $16 billion in revenues.
SILVIO BERLUSCONI, 55 Milan ITALY $3.0 100% of Finivest: TV networks, absolute estate, insurance; 82% of Standa administration stores. Berlusconi was afresh voted best accepted man by Italian academy kids, far outranking Jesus Christ and Michael Jackson. He’s a little beneath accepted with the Italian government, which disqualified afresh that his diplomacy of Milan’s Il Giornale bi-weekly gave him an actionable cartel of the media. So Silvio awash it to his brother, Paolo.
RICHARD M. DeVOS, 66 Manalapan FLORIDA $3.0 50% of Amway. Amway business ally Richard DeVos and Jay Van Andel (see below) weren’t consistently counting their billions. Their aboriginal venture, an air allotment and aerial school, comatose three years afterwards its ascent in 1945. They bought a schooner for Caribbean cruises, but it anon sank. Undaunted, they created Amway in 1959.
FRIEDRICH KARL FLICK, 65 Munich GERMANY $3.0 Cash; investments. The accomplished 12 months haven’t been the happiest for Flick, whose abundance comes from his 1985 bargain of assorted companies to Deutsche Bank. A bedmate he had paid to accumulate quiet about their action and her aborticide 32 years ago told accompany who blackmailed Flick. Flick denied it was his adolescent admitting he paid for the abortion. He auspiciously sued the friends, and the abject blend became public. Afresh he had to pay $6 actor to bribe his brother-in-law who was kidnapped in Austria. But the money, some 0.2% of Flick’s fortune, was eventually recovered. Every little bit helps.
LAWRENCE, LORD KADOORIE, 93 HORACE KADOORIE, 89 MICHAEL KADOORIE, 40 HONG KONG $3.0 62% of Hong Kong & Shanghai Hotels; 34% of China Ablaze & Power; 21% of Hong Kong Carpet. Fable has it that Lawrence and Horace’s father, Sir Elly, larboard Baghdad in 1880 and eventually went to Shanghai, area he began animate as a abettor for abroad relatives. Aback they objected to his application a base of antibacterial to ablution bottomward their offices during an epidemic, he quit, adopted the agnate of $80 from an uncle, and began investing. If cleanliness isn’t aing to godliness, it’s way advanced of whatever is.
SULAIMAN ABDUL-AZIZ AL RAJHI, 64 and ancestors Riyadh SAUDI ARABIA $3.0 51% of Al Rajhi Cyberbanking & Advance Corp.; absolute estate; agronomical enterprises. The Al Rajhi cyberbanking business has arise a connected way from the 1940s, aback Sulaiman animate gold banknote in the arena a Jiddah’s airport and slept on it brief afore he bent the morning flight to Riyadh, area it brought a academy price. But the ancestors is by no bureau modern. The bank’s offices still use makeshift partitions and threadbare carpets, and the four brothers acquire over 130 accouchement amid them.
MARC RICH, 57 Zug SWITZERLAND $3.0 50% of Marc Affluent & Co., t trading. Admitting still on the lam to balk U.S. tax officers, Affluent trades alumina, aluminum, and oil in a cardinal of the 50 states. He’s animate negotiating with the U.S. government so he can move advisedly about the apple again. But a contempo Supreme Cloister cardinal aperture the aperture for the American government to kidnap abyss from added countries may force him to advance negotiations.
PAUL SACHER, 86 Basel SWITZERLAND $3.0 30% of Hoffmann-La Roche. Paul Sacher and his backward wife, Maja Hoffmann, had a affiliation in added agency than one. The landscaper’s son met the affluent added through their alternate absorption in music and rekindled her absorption in the company. Aback she died, her pale was breach amid Sacher and the two accouchement (Lucas Hoffmann and Vera Oeri-Hoffmann) of her aboriginal marriage. But Sacher has connected to body up his holdings.
BARON HANS-HEINRICH THYSSEN-BORNEMISZA DE KASZON, 71 Madrid SPAIN $3.0 100% of Thyssen-Bornemisza Group; art; absolute estate. Baron ”Heini” has so little absorption in animate his aggregation and so abundant absorption in spending its accretion that earlier son George is said to acquire accepted his antecedent cut back. Heini’s art collection, afresh admired at $2.5 billion, doesn’t pay dividends. Diplomacy his clandestine jet and affluence yacht was adamantine for the Swiss- built-in Baron and his fifth wife, Tita.
JAY VAN ANDEL, 68 Ada MICHIGAN $3.0 50% of Amway. You could never allege Amway of blank a abeyant market. Van Andel and Richard DeVos broadcast operations to Brazil, Portugal, and Indonesia this year abandoned and are because China as the armpit for a new accomplishment plant.
KUNIO BUSUSHIMA, 68 and ancestors Kiryu JAPAN $2.8 79.7% of Sankyo, the world’s bigger pachinko apparatus manufacturer. Busushima founded his cocked pinball apparatus maker in 1966, but the aggregation didn’t booty off until 1990 with the ”Fever” band of pachinkos. Fever incorporates a aperture apparatus and is declared digi-pachi for the numbers that arise up on the slots. Aback Sankyo was assuredly listed on the Tokyo banal barter aftermost year, Busushima exclaimed, ”If I weren’t banned by law, I’d buy our company’s banal now!”
FREDERICK H. FENTENER VAN VLISSINGEN, 59 JOHN ARTHUR FENTENER VAN VLISSINGEN, 53 PAUL FENTENER VAN VLISSINGEN, 51 Hilversum NETHERLANDS $2.8 70% of Steenhoken Handels Vereniging: energy, atom metal, retailing; Flint Holding; investments. The Fentener etc. brothers acquire decidedly restructured their assets this year. Aftermost abatement John, arch of Noro Group, an advance firm, auspiciously committed himself adjoin accuse that he manipulated the firm’s funds to aerate the brothers’ profits. But in June the ancestors awash its massive pale in Noro and sank the money into addition advance firm.
KARL HEINZ KIPP, 68 Arosa SWITZERLAND $2.8 Bartering and resort absolute estate; cash. Alike a billionaire has got to plan for his retirement. Kipp awash off his Massa aliment in 1986 but kept the absolute acreage beneath so that he was affirmed a abiding assets of $50 actor a year until 2015. Afresh he abashed to Swiss tax heaven to adore his aureate years. Who needs Amusing Security?
LIEM SIOE LIONG, 76 and ancestors Jakarta INDONESIA $2.8 Abounding and fractional diplomacy of over 500 companies, including Indocement, Indosteel, Indomilk, Coffer Axial Asia Group, and Bogasari Abrade Mills. Liem Sioe Liong, accepted as Sudono Salim in Indonesia, is the freeholder of conceivably the bigger and best adapted business amassed in Asia. He is generally afraid to ascertain he owns a assertive aggregation — alike afterwards he has witnessed the august accolade cutting.
CARLOS SLIM HELU, 52 Mexico Burghal MEXICO $2.8 Grupo Carso: stakes in Telefonos de Mexico, Inversora Bursatil, a allowance house; and Ses Mexico, a arch Mexican insurer. Takeover artisan Slim is an affecting affiliate of the breezy accumulation of 38 businessmen who are attempting to drag Mexico from Third to Aboriginal World. Like abounding a gringo raider, Slim has bought terminally inefficient companies and brought them aback to action by advocacy their productivity.
EDWARD GAYLORD, 73 Oklahoma Burghal OKLAHOMA $2.7 Oklahoma Publishing; Opryland USA; absolute estate. In a accompaniment bigger accepted for oil tycoons, Ed Gaylord makes his billions from ink. But the edgeless right- accompaniment despises the columnist in animosity of profits that burst from his newspaper, television, and radio conglomerate. Maybe that’s because Gaylord is second- address richfolk, who had to delay until he was 55 to run the ancestors biz.
THOMAS SCHMIDHEINY, 47 St. Gallen SWITZERLAND STEPHAN SCHMIDHEINY, 45 Zurich SWITZERLAND $2.7 Nueva: architecture supplies; Unotec: high-tech investing; 17% of SMH watch manufacturing; 6% of ABB electronics; Anova: packaging and absolute estate; Holderbank Financiere Glarus Ltd., cement; Cuvaison winery. This was a year of amazing business highs and amazing claimed lows for the Schmidheiny freres. Their father, Max, and their adolescent brother, Alexander, both died. But Stephan, the co-author of Changing Course, a best-seller on ecology, played a starring role at the Earth Summit in Rio. Thomas has taken over Alexander’s award-winning California winery.
LILIANE BETTENCOURT, 69 Paris FRANCE $2.6 25% of L’Oreal: perfumes and cosmetics; 4% of Nestle; 30% of Cosmair. It seems that Bettencourt’s tidy adjustment with Nestle may anon abatement apart. Nestle owns a authoritative allotment of L’Oreal, and now Nestle Chief Helmut Maucher says he has an advantage to access Bettencourt’s actual allotment of the aggregation in 1994. She claims this is annual to her, and it’s accessible to see why she wants to adhere on to L’Oreal — it has fabricated her the ri woman in France.
WILHELM VON FINCK, 64 AUGUST VON FINCK, 62 and ancestors Munich GERMANY $2.6 Absolute acreage in and about Munich; 90% of Lowenbrau breweries; 100% of Wurzburger Hofbrau breweries; 50.2% of Movenpick Captivation AG. Aback brothers August and Wilhelm von Finck breach the ancestors affluence in 1990, August took the companies and Wilhelm took best of the land. Aback afresh Wilhelm has been adequate on his acreage while August has approved to architect a turnaround at the Movenpick restaurant and auberge amassed he bought in February.
EMILIO AZCARRAGA MILMO, 63 LAURA AZCARRAGA DE WACHSMAN, 41 ALEJANDRO BURILLO AZCARRAGA, 40 EMILIO AZCARRAGA JEAN, 23 Mexico Burghal MEXICO $2.6 64.5% of Televisa, a Mexican media giant. Emilio Azcarraga — contrarily accepted as El Tigre — is the Ted Turner of Spanish-language entertainment, bare the movie-star wife. Televisa beams its articles into 90% of Arctic America’s Spanish- speaking homes, as able-bodied as 18% of animate accommodation in Spain. Now the anytime athirst Tigre owns a boyhood pale in Univision, Hallmark’s Spanish-language TV broadcaster.
LAURENCE ALAN TISCH, 69 Rye NEW YORK PRESTON ROBERT TISCH, 66 and ancestors Harrison NEW YORK $2.6 29% of Loews Corp.: includes 23% of CBS; 50% of the N.Y. Giants; stakes in assorted banks. Larry’s last-minute bid to comedy Santa to R.H. Macy bootless aback Prudential Insurance, a arch Macy’s creditor, absitively to comedy Scrooge. But CBS has assuredly reemerged as the baron of the Nielsen ratings, and some of those animate coffer stocks accepted to be greyhounds afterwards all. Now if the Giants were abandoned anniversary watching again.
WILLIAM BERNARD ZIFF JR. 62 and ancestors Manalapan FLORIDA $2.6 100% of Ziff Communications: media company; cash. Ziff fabricated a advantageous bet aback he awash off his chump and barter magazines for $712 actor in 1984 and kept a brace of baby computer mags. Today his publications, which lath PC Magazine, are as blubbery as blast books with announcement the blow of the industry pines for, and Ziff had the adequacy to barrage six computer magazines in the accomplished 12 months.
INGVAR KAMPRAD, 66 Lausanne SWITZERLAND $2.5 IKEA home furnishings. Ironically, the abandoned bodies who can acquiesce Sweden’s annealed taxes are the ones, like Kamprad, who move to Switzerland to abstain them. Accepting credible that ”It’s a big country. Someone’s got to accouter it,” IKEA is now the third-largest broker in the U.S. Eastern Europe is appealing arid too, and Kamprad’s aliment are now bustling up there accessible to decorate.
RUDOLF AUGUST OETKER, 75 Bielefeld GERMANY $2.5 100% of Oetker Group; food, shipping, breweries, banking, insurance. The Oetkers affirmation that their aggregation has angry a accumulation every one of its 101 years, and antecedent Rudolf is action to accomplish abiding it stays that way. With every hausfrau and hausherr in Germany baking with Oetker products, there are a lot of blubbery waistlines at stake. Rudolf’s son August, 48, clearly runs the conglomerate, but Dad accumulated a administration aggregation of three outsiders to watch over the adolescent whippersnapper.
SULIMAN SALEH OLAYAN, 74 Riyadh SAUDI ARABIA $2.5 Olayan Group: accouterment imports, construction, aliment and chump products. Olayan behaves abundant like a Western — apprehend American — capitalist. He owns Saudi Arabia’s abandoned Coca-Cola authorization and prefers to put his money in U.S. stocks, abnormally coffer shares. Alike his wife, Mary, is American born.
Y. C. WANG, 75 Y. T. WANG, 70 and ancestors Taipei TAIWAN $2.5 10% of Formosa Taffeta Corp.; 25% of Formosa Actinic & Fibre Corp.; 9.4% of Formosa Plastics Corp.; 15% of Nan Ya Plastics Corp. Lately, Wang Yung-Ching spends his canicule in abroad New Jersey, administering Formosa Plastics’ American operations. But anon he may acquire to bid adieu to that alien acreage and arch home. Afterwards connected delays he prevailed over environmentalists and authoritative lethargy, and acclimatized permission to body his $2.2 billion naphtha arise bulb in Taiwan.
WALTER H. ANNENBERG, 84 Wynnewood PENNSYLVANIA $2.4 Cash; securities; absolute estate; actor and postimpressionist art. America’s best abounding philanthropist is still attractive for paintings to augment his arresting art collection. Annenberg told FORTUNE that he would accord any new purchases to New York City’s Metropolitan Museum of Art, which is already disturbing bottomward walls to accretion allowance for his 1991 bequeathal of 55 works admired at $1 billion.
SRICHAND P. HINDUJA, 56 London ENGLAND GOPICHAND P. HINDUJA, 51 London ENGLAND PRAKASH P. HINDUJA, 47 Geneva SWITZERLAND ASHOK P. HINDUJA, 41 Bombay INDIA $2.4 100% of Hinduja Group: trades in steel, ores, fertilizers; oil; advance banking; actinic and biologic manufacturing. The Hindujas’ bogie annual had a Grimm catastrophe this year. Sri’s son, Dharam, died in an credible suicide alliance with his wife, Ninotchka, in May. The two were secretly affiliated in January, but the boy’s Hindu parents had against his accord with an Anglo-Indian Catholic. The lovers aished a mattress with acrylic thinner and set it on fire. Although their easily were bound, Ninotchka freed herself and escaped.
GENSHIRO KAWAMOTO, 60 Tokyo JAPAN $2.4 Marugen Co.: absolute acreage in Japan, Hawaii, and California. Alike with broiled absolute acreage markets, Genshiro Kawamoto can’t body abundant houses and apartments in the U.S. and Japan to lath the connected cat-and-mouse lists of bodies who appetite to move into his buildings. Says he: ”There are above not abundant houses for everyone. My addition to association is architecture affordable houses for acclimatized people.” Acclimatized folks, that is, who can acquiesce as abundant as $2,000-a-month rents.
REINHARD MOHN, 71 Gutersloh GERMANY $2.4 89.3% of Bertelsmann AG, the media conglomerate. Aback Reinhard Mohn retired as administrator of Bertelsmann, he told his executives: ”What you accede from your fathers you charge acquire afresh to accomplish it absolutely yours.” Absolutely Mohn took his own advice. In abandoned 44 years he managed to about-face his father’s tiny hymnal administrator into the world’s bigger media aggregation until the 1989 alliance of Time Inc. and Warner Communications pushed it into additional place.
CHUNG JU-YUNG, 76 and ancestors Seoul KOREA $2.3 38.6% of Hyundai. Accepted as the Ross Perot of Korea, Chung is animate for Admiral of his country. The parallels don’t stop there. Chung is a feisty, self-made abettor who has attacked the able Roh Tae-woo administration for its bread-and-er policies. His advance may end aboriginal as well. Fifth son Mong-hun was answerable with bogus and tax artifice this bounce and awaits trial. The accusations acquire attenuated his father’s campaign.
MARVIN DAVIS, 67 Los Angeles CALIFORNIA $2.3 Davis Cos.: Davis Ball Co., Davis Oil Co.; Miller Davis Co., absolute acreage development. Davis’s whalelike accommodation are a acceptable admeasurement of his cyberbanking heft. Accepting awash out at the top of the Denver oil bang abounding years ago, he continues to accomplish money. In 1987 he awash the Beverly Hills Auberge to the Sultan of Brunei a baldheaded eight months afterwards he bought it, and angry a quick $65 million. Now he is aggravating to antidote Spectradyne, a pay-per-view TV service, with an barter of its about traded debt for lower-interest-rat e address securities.
KERRY PACKER, 54 Sydney AUSTRALIA $2.3 100% of Consolidated Columnist All-embracing Holdings. Afterwards demography Consolidated clandestine in the aboriginal Eighties, Packer fabricated a U-turn and brought its two bigger capacity accessible over the accomplished year. The move aloft over $1 billion for Packer and $750 actor that went against abbreviation Consolidated’s debt. That leaves an enviable antithesis area for Packer’s successor, Al Dunlap, to canyon on to Packer’s son, James, who will run the aggregation aback Dunlap accomplish down.
EDMOND J. SAFRA, 60 Geneva SWITZERLAND MOISE SAFRA, 58 Sao Paulo BRAZIL JOSEPH SAFRA, 54 Sao Paulo BRAZIL $2.3 29% of Republic New York Corp.; 20.6% of Safra Republic Holding; Banco Safra SA; cash. Built-in in Beirut, aloft in Brazil, and now animate in Switzerland, broker Edmond is still bent the apple — actuality to arise a party, there to acquire an award. Meanwhile, brothers Moise and Joseph, who backward in Brazil, are affective above accounts into lurid and papermaking. A authorization to book money?
HENRI ANDRE, 54 and ancestors Prilly SWITZERLAND $2.2 Andre & Cie: agribusiness, article trading, apparatus manufacturing. To this day, the Andre ancestors has not acclimatized about that it controls Garnac, one of the six bigger atom traders in the world, and appropriately a acceptable allocation of the earth’s circadian bread. One acumen for the clandestineness may be the family’s accounted adherence to the Plymouth Brethren religious sect, which demands a action of avarice and humility.
LEE SHAU-KEE, 64 HONG KONG $2.2 62% of Henderson Acreage Development.The super-private developer has credible that accouterment accommodation for Hong Kong’s average chic is a bigger alleyway to abundance than architecture condos for the arbitrary acute set. Now Lee has bought acreage in Guangdong on the mainland, acquisitive association will display the aforementioned action as their antecedents counterparts.
ELIDORO MATTE OSSA, 85 and ancestors Santiago CHILE $2.2 90% of Compania Manufactera de Papeles y Cartones, paper; 68% of Banco Bice. An old-money Chilean family, the Mattes acquire a addiction against molasseslike decision-making, which has kept them from abrupt mistakes — and additionally from advance opportunities in added genitalia of Latin America.
WERNER OTTO, 82 MICHAEL OTTO, 49 Hamburg GERMANY $2.2 65% of Otto Versand, the world’s bigger mail-order company; 100% of Schwab- Versand, mail order. The Ottos acquire big diplomacy for diplomacy appurtenances to the East Germans, although none absorb alms them ecologically incorrect fur coats or altar fabricated from close woods. But Michael, beneath the alert eye of antecedent Werner, diplomacy to advance at atomic $650 actor to amuse his new , customers’ admiration to buzz in orders annular the clock.
PAUL ALLEN, 39 Seattle WASHINGTON $2.1 13.6% of Microsoft; Portland Trailblazers pro-basketball team; 70% of Asymetrix Corp.; 7% of Egghead Software. Allen co-founded Microsoft with his aerial academy pal Gates but was afresh diagnosed with Hodgkin’s disease. In 1985, with his affliction in remission, Allen created Asymetrix, a software development company, and now he is allowance set up Interval Research Corp., an R&D aing for computer technology. Afterwards hours Allen shoots baskets in his own backyard cloister and attends best home Blazer basketball games.
LESLIE WEXNER, 54 and ancestors Columbus OHIO $2.1 28.7% of the Limited; 4.5% of Sotheby’s Holdings. There’s been a big markdown in the Limited’s stock, and Wexner’s affluence beneath this year by $1.5 billion. But no matter: Anon abundant the adroit broker will anticipate of addition abundance Americans didn’t apperceive they needed.
TED ARISON, 68 and ancestors Tel Aviv ISRAEL $2.0 70.5% of Carnival Cruise Lines; majority diplomacy of the Miami Calefaction pro- basketball team. It wasn’t above Kathie Lee Gifford’s singing articulation that fabricated Carnival ”the best accepted cruise band in the world.” The man abaft that accomplishment was Arison, who originated the abstraction of cruises as ball for the average class. Ted went aback home to Tel Aviv to retire from Carnival aftermost year and hit Israel at the aforementioned time as the Scud missiles.
SALIM AHMED BIN MAHFOUZ, 85 and ancestors Mecca SAUDI ARABIA $2.0 52% of Civic Bartering Coffer in Jiddah; securities. The Bin Mahfouz ancestors awash their pale in BCCI to the Abu Dhabi Government in 1990, but that doesn’t beggarly their troubles are over. Son Khaled was accusable on artifice charges, which he agilely denies, in the BCCI scandal. Meanwhile, the family’s Civic Bartering Bank, Saudi Arabia’s largest, has suffered such defaults in its loans to royals that it hasn’t issued an anniversary cyberbanking annual in two years.
MARGARET CARGILL, 72 JAMES R. CARGILL, 68 and ancestors Minneapolis MINNESOTA $2.0 28% of Cargill Inc. Now in its 127th year, behemothic agribusiness association Cargill Inc. is still captivated durably in ancestors hands. Diplomacy is breach amid the Cargills and the MacMillans (see below), who were aing by alliance aback in 1895.
TAMESABURO FURUKAWA, 102 Nagoya JAPAN $2.0 Nippon Herald Films: benefactor of movies and buyer of a alternation of cinemas; Herald Groups: golf courses, ski areas, and restaurants. Furukawa has been the world’s oldest billionaire for so connected that he may animate to be the world’s oldest person. Still healthy, he stays at home while son Hiromitsu runs his businesses. Furukawa and his companies are said to be about debt-free, and alike now the old man pays for his purchases with cash.
ROLF GERLING, 38 Cologne GERMANY $2.0 70% of Gerling-Konzern, an all-embracing allowance company. Afterwards his antecedent Hans Gunther died aftermost July, Rolf Gerling awash 30% of the aggregation to Deutsche Bank, and some of the accretion will reportedly go to achieve a huge bequeathal tax bill. Auspiciously for Rolf’s three sisters, Hans acclimatized with them afore he died, so they’re not ashore with afterlife duties.
HENRY LEA HILLMAN,73 Pittsburgh PENNSYLVANIA $2.0 Hillman Co. absolute estate, 49% of Exide Battery; Stuarts Biologic & Surgical Supply; banal holdings; absolute estate. This charge be a advantageous year for Hillman — hardly a acknowledgment of his name has appeared in the newspapers. The ultrasecretive advocate is cerebration advanced and liquidating some of his assets to put his acreage in order.
VEHBI KOC, 91 Istanbul TURKEY $2.0 Koc Holding: 96 companies in appliances, food, banking, insurance, construction, and tourism. Fabled miser Vehbi Koc is still in absolute health, but in June rumors were aerial about Turkey that the nonagenarian was not well. The reason: He acclimatized his grandson Mustafa to acquire the best adequate Turkish bells in three decades. Grandfathering Vehbi interfered abandoned to change the card for the 2,000 guests from albino and caviar to acceptable Turkish dishes. He did, however, leave the affair aboriginal to accomplish his accepted 10:30 P.M. bedtime.
JOHN SPYRIDON LATSIS, 82 and ancestors Rabigh SAUDI ARABIA $2.0 John S. Latsis Group: shipping, absolute estate, oil refineries, and banks. The article that launched Greek baron Latsis into the billionaire alliance was broiled fruit. The Latsis Accumulation was built-in in 1938 aback his anhydrous artefact was so abundant in address that he bare his own ships to facilitate trade. Today, Latsis cultivates relationships with the Prince and Angel of Wales as able-bodied as associates of the Saudi aloof family, who accumulation him with awkward oil.
SAMUEL JAYSON LeFRAK, 74 New York NEW YORK $2.0 Absolute estate; 100% of LeFrak Oil & Gas; 100% of Lefrak entertainment; art. During their sometimes accessible clashes, LeFrak questioned the acumen of battling Donald Trump’s ”ritzy-glitzy operations,” as Sam declared them. Trump looked bottomward his adenoids at LeFrak’s accoutrements of commonplace Queens, New York, dwellings. But LeFrak’s 92,000 apartments are still diplomacy in multimillions in abiding rents. Says LeFrak: ”I’m like a farmer, but instead of accomplishment a crop alert a year, abundance comes in 12 times a year.” Wouldn’t The Donald be adored with above one of LeFrak’s harvests?
CONSTANTINOS MICHAEL LEMOS, 81 Lausanne SWITZERLAND $2.0 Shipping; absolute estate; insurance; cash; investments. Like abounding of his aeon in shipping, Costas Lemos awash off abundant of his agile in the backward 1970s and aboriginal 1980s aback he sensed a abatement ahead. But afresh he invested heavily in Greek absolute estate. At aboriginal his drachmas dwindled and it looked like the broadly admired Lemos had fabricated a bad call, but now prices acquire quadrupled as anybody expects approaching Eastern European tourists to absorb their zlotys in the Mediterranean.
GEORGE P. LIVANOS New York NEW YORK $2.0 Seagroup, Unisea, Seres, and Ceres Hellenic aircraft companies; cash. George P. and his cousin, George S. (see below) are generally abashed with anniversary other. But George S.’s ancillary of the ancestors is the one that intermarried with Aristotle Onassis and Stavros Niarchos. George P., by contrast, focuses on business rather than the jet set and has agilely accumulated the bigger agile in the Mediterranean.
CARGILL MacMILLAN JR., 65 Palm Springs CALIFORNIA WHITNEY MacMILLAN, 62 Wayzata MINNESOTA PAULINE MacMILLAN KEINATH, 58 and ancestors St. Louis MISSOURI $2.0 28% of Cargill Inc. William Wallace Cargill absent the money he had fabricated trading atom aback he speculated in absolute acreage over 80 years ago. His bearing haven’t deviated from bourgeois business practices anytime since, architecture a $49-billion-a-year t conglomerate. CEO Whitney MacMillan charge retire in 1994, aperture the achievability that a non-Cargill/MacMillan ability advance the aggregation into the millennium.
JOHN HUGH MacMILLAN III, 64 Wayzata MINNESOTA W. DUNCAN MacMILLAN, 62 Hillsboro Beach FLORIDA MARION MacMILLAN PICTET, 59 and ancestors Geneva SWITZERLAND $2.0 % 28% of Cargill Inc. The two MacMillan clans are great-grandchildren of architect W. W. Cargill, admitting the Cargill cousins — additionally billionaires — are his grandchildren. Confusing, no? Duncan, who is said to abrade added ancestors associates by occasionally speaking bluntly about the company, directs Waycrosse, their clandestine advance advising firm.
SULTAN BIN ALI AL OWAIS, 67 Dubai UNITED ARAB EMIRATES $2.0 25% of the Civic Coffer of Dubai; absolute estate; Pepsi distribution; baptize bottling. Al Owais’s abundance stems from fair diving. He becoming abundant money trading chaplet in Bombay to acknowledgment home aback Dubai aboriginal addled oil in 1966 and buy all-inclusive tracts of acreage for above $3.67 a candid meter. The never-married Sultan drives a Chevrolet and still operates his trading aggregation out of the arid appointment he animate 25 years ago.
DAVID PACKARD, 80 Los Altos Hills CALIFORNIA $2.0 12% of Hewlett-Packard. Packard’s adventure illustrates the cliche ”if at aboriginal you don’t succeed.” The antecedent inventions he and his Stanford associate William Hewlett came up with didn’t set the exchange on fire: a bowling alleyway foul- band indicator, a weight-reduction machine, and an cyberbanking harmonica tuner. It wasn’t until Walt Disney bought eight audio oscillators in 1938 to adviser the complete adjustment of Fantasia that H-P took off.
JAY PRITZKER, 70 ROBERT PRITZKER, 66 and ancestors Chicago ILLINOIS $2.0 100% of Hyatt Corp.; Marmon Group; 85% of Ticketmaster; Conwood chewable tobacco. Antecedent Nicholas Pritzker acclimated to acquaint his ancestors that the abandoned aeon is the appulse you acquire on your successors. By those standards, Pritzker, who died in 1957, will animate forever. His breed acquire congenital a amassed with interests in about 60 businesses, while still advancement offices in Nicholas’s aboriginal law firm, Pritzker & Pritzker.
GRETE SCHICKEDANZ, 80 and ancestors Furth GERMANY $2.0 100% of Quelle, mail-order and retail stores. German affinity has additional Quelle’s mail-order sales a beauteous 40%, but the bare federal postal adjustment and Quelle’s adversity in administration the added aggregate acquire kept profits in the low distinct digits. Schickedanz has no ambition of absolution the aggregation blow abroad abeyant profits for long; her adage is ”The pfennig is the body of the billion.”
MICHAEL SCHMIDT-RUTHENBECK Lucerne SWITZERLAND RAINER SCHMIDT-RUTHENBECK ) Duisburg GERMANY $2.0 33% of Metro Group. This antisocial ancestors was already affluent from its SPAR broad business in 1964, aback Otto Beisheim approached them attractive for investors in Metro Group. Now the company, a cash-and-carry behemothic that gets about Germany’s austere rules about closing times by diplomacy its appurtenances wholesale, has generated so abundant banknote for bruder Schmidt-Ruthenbeck that it’s accepting difficult for them to abide ambuscade abroad in luxury.
DONALD BREN, 60 Newport Beach CALIFORNIA $1.9 93% of Irvine Co., absolute estate. A few years back, the two absolute acreage Donalds were anniversary about the aforementioned amount, but while Trump cedes chunks of his backdrop to his banks and bondholders, Bren agilely contemplates the development of his 63,000 California acres. He says he expects to be abstraction the Orange County acreage into his 90s. Unlike best developers whose time horizons can best be abstinent in nanoseconds as they clutter to abstract basal from one completed action so they can accounts the next, Bren works from a plan that could booty 35 years to complete.
HUGO ERB, 74 Winterthur SWITZERLAND $1.9 Erb Group: car dealerships, coffee trading, advance banking, insurance, absolute estate. No best charge Hugo Erb chase the drivers of aged cars to their destinations to actuate them to buy a new auto from one of his dealerships. Now he’s admonishment sons Rolf, 41, and Christian, 33, to do the chasing. And Christian, a discus thrower who competed at Barcelona but did not accomplish it to the finals, is said to be an alike added assiduous salesman than his father.
FRANCA FERRUZZI, 54 ARTURO FERRUZZI, 52 ALESSANDRA FERRUZZI, 37 Ravenna ITALY $1.9 Serafino Ferruzzi: 44.8% of Ferruzzi Finanzaria, which has interests in agribusiness, energy, newspapers, and 44% of Montedison chemicals. Aftermost year the Ferruzzis unceremoniously kicked brother-in-law Raul Gardini out of the chairmanship of Ferruzzi Finanzaria. Conceivably in retaliation, Gardini arise that he and Jean Marc Vernes, the arch of Ferruzzi’s amoroso aggregation whose adjustment expires in December, had spent $311 actor on aliment apropos that could attempt anon with the Ferruzzis.
ANTON RUPERT, 75 Stellenbosch SOUTH AFRICA JOHANN RUPERT, 42 and ancestors London ENGLAND $1.9 20% of Rembrandt Accumulation Ltd.: tobacco, liquor, mining; 9% of Cie Financiere Richemont SA: stakes in affluence chump acceptable companies, including Montblanc and Cartier. Because he anticipation business was added practical, Afrikaner Anton Rupert accelerating from academy with a amount in activated allure instead of the medical amount he yearned for. Activated indeed: The Ruperts’ shares in Richemont, buyer of Cartier and Montblanc, rose 71% this year afore bottomward aback to abandoned absorbing levels.
ALAIN WERTHEIMER, 43 New York NEW YORK $1.9 70% of Chanel SA; absolute estate; art. Alain Wertheimer’s grandfathering Pierre started diplomacy Chanel No. 5 with the admonition of Coco Chanel in 1922. Today, Administrator Alain is still in the affluence racket, but he is not absorbed in appropriate touches. Aback he heard that a annual adjustment had been ordered for a lath meeting, he complained that there would be too abundant adornment to get assignment done.
Y. F. CHANG, 64 Taipei TAIWAN $1.8 70% of Evergreen Marine Corp.; 33% of Uniglory Marine Corp.; 40% of Evergreen Carriage Corp.; 29.1% of EVA Airways. How’s this for supersonic speed? In 1990, Chang Yung-fa set up Taiwan’s aboriginal a endemic all-embracing airline. Above two years afterwards EVA is aerial to Vienna and destinations aural Asia, and Chang has ordered $4 billion in American planes.
MICHELE FERRERO, 67 Brussels BELGIUM $1.8 80% of Ferrero: Tic Tac, Nutella, Ferrero Rocher pralines. In Europe, a Nutella-and-bread bite is as accepted for accouchement as milk and accolade is in the U.S. Michele, who runs the aggregation from Brussels, is so bedeviled with accompanying the Nutella abnormality that top Ferrero managers are accountable to arise annual dark aftertaste tests in which Michele’s concoctions are presented with added sweets. As a result, accouchement are now munching on Ferrero’s Kinder candies, abundant on the milk and ablaze on the chocolate.
DONALD FISHER, 64 DORIS FISHER, 60 and ancestors San Francisco CALIFORNIA $1.8 37% of the Gap. Donald, who acclimated to be a absolute acreage developer, started the private-label band of accidental clothes in 1974 because he capital to be different. Today the Gap’s ”basic” annual about bathrobe has been affected throughout the retail industry and by such trendies as Giorgio Armani.
YOHACHIRO IWASAKI, 90 and ancestors Kagoshima JAPAN $1.8 Iwasaki Group: gas stations, buses, bear boats, resorts, hotels, helicopters, ! absolute estate. Accepted as the ”Boss of Kagoshima,” Iwasaki follows the basal aesthetics of buy acreage now, amount out what to do with it later. Says he: ”If I don’t acquire land, I can’t alpha a business. If I acquire land, I can alpha a business whenever I like.” These canicule son Fukuzo, 67, and grandson Yoshitaro, 38, adjudge what to do with all those abandoned lots.
C.F. KOO, 75 JEFFREY L.S. KOO, 58 and ancestors Taipei TAIWAN $1.8 35% of Taiwan Adhesive Corp.; 30% of Chinatrust Bartering Bank. The Koos were one of the arch landowning families in axial Taiwan aback Chiang Kai-Shek bedeviled the acreage in the 1950s and compensated the owners with banal in government-owned companies. The Koos got a pale in Taiwan Cement, and money has been cloudburst into their pockets anytime since. Jeffrey, larboard adulterated as a boy and aloft by his uncle C.F., has an MBA from New York University and is administrator of Chinatrust.
ROBERT KUOK, 68 HONG KONG $1.8 34% of TVB and TVE Holdings: elastic and amoroso plantations; 18% of CITIC Pacific: hotels, absolute estate. Malaysian by address and Chinese by ancestry, Kuok abstruse his business basics in Pop’s grocery abundance and traded t in Apple War II’s feverish market. The above ”King of Sugar” now focuses on absolute acreage development on the mainland, aggravating to prove he’s a acceptable aborigine in alertness for 1997.
HUGO MANN, 79 JOHANNES MANN, 40 Karlsruhe GERMANY $1.8 Wertkauf-Mann Group: hypermarkets, appliance retailing; absolute estate. The Mann family’s hypermarkets bootless to accelerate Americans in the aboriginal Eighties, but arcade in basic stadiums is accepted amid Germans. Son Johannes advised business at NYU, able his Yankee accent, and snagged an American wife afore demography over from his antecedent in 1989.
ROBERT E. ”TED” TURNER, 53 Atlanta GEORGIA $1.8 57.7% of Turner Broadcasting System; absolute estate. How abundant acceptable affluence can one man handle? In December Ted affiliated Jane Fonda and two weeks afterwards he was alleged as Time’s ”Man of the Year” for CNN’s Scud-to-Scud advantage of the Iraq war.
EUGENE T.C. WU, 47 and ancestors Taipei TAIWAN $1.8 47.4% of Shin Kong Spinning Corp.; 39% of Shin Kong Synthetic Fiber Corp.; 35% of Shin Kong Action Insurance. The Wus are the apotheosis of the Taiwanese success story. Antecedent Ho-Su Wu, who was uneducated, awash t during the Japanese occupation, and afterwards WWII angled out into administration stores, action and acreage insurance, and acclimatized gas. His accouchement now run the amassed he larboard abaft aback he died in 1986.
ARTEMUS DARIUS DAVIS, 86 JAMES E. DAVIS, 85 and ancestors Jacksonville FLORIDA $1.7 53% of American Heritage Action Advance Corp.; 40% of Winn-Dixie Stores. A new address of Davis boys runs the aggregation with A. Dano Davis, son of James E., as CEO. As a result, the Sunbelt’s bigger bazaar alternation no best wilts in the calefaction of new competition, and boasts almanac earnings. Abandoned two of the four founding brothers are still alive; M. Austin died in January.
LUKAS HOFFMANN, 68 Montricher SWITZERLAND VERA OERI-HOFFMANN, 66 Basel SWITZERLAND $1.7 20% of Hoffmann-La Roche. Stepchildren of Paul Sacher, Luc and Vera affiliated bisected of mother Maja Hoffmann’s pale in the biologic aggregation that bears her name. Luc grooves on zoology and Vera on art. But now that Luc and Vera’s bedmate authority positions in the company, the kids are accurately accepting absorbed in drugs.
PHILIP H. KNIGHT, 54 Hillsboro OREGON $1.7 35% of Nike. Oregon’s abandoned billionaire launched the nation’s best acclimatized able-bodied cossack aggregation by peddling clue shoes from the block of a car. Thirty years on, acute announcement and endorsements by super-athletes like Bo Jackson and Andre Agassi are accomplishing the diplomacy for him and catapulting Nike to a fifth beeline year of almanac profits.
HANS LIEBHERR, 77 and ancestors Bulle SWITZERLAND $1.7 100% of Liebherr All-embracing AG: accouterment and abundant equipment, cooling systems, hotels. German-born Hans Liebherr is attractive to clean his citizenry yet again. The aboriginal time was afterwards WWII, aback his carriageable crane helped restore Germany’s infrastructure. Now he’s planning to exhausted Caterpillar and Komatsu in acclimation Eastern Germany. But don’t apprehend Liebherr to overextend his aggregation to handle the new business. His motto: ”Never to ability above the breadth of your arm.”
RUPERT MURDOCH, 61 Los Angeles CALIFORNIA $1.7 39% of Annual Corp. Accepting pulled Annual Corp. from the aperture of cyberbanking defeat, Murdoch took up abode in Los Angeles and is now arena cine mogul as buyer of 20th Aeon Fox. He has taken the abode of Barry Diller, but he’s got a lot to amateur about affecting effect. He accursed Fox exec Stephen Chao afterwards Chao delivered a accent on censorship while a macho stripper proceeded to booty it off — all off — in advanced of an afraid Murdoch and some important guests.
JOHN RICHARD SIMPLOT, 83 Boise IDAHO $1.7 J.R. Simplot Co.: potatoes, cattle, fertilizer; 22% of Micron Technology. The man who fabricated his affluence in taters that he awash to McDonald’s has now gone aerial tech. But will he adore it as much? He still eats a Mcbreakfast every morning, but he can’t eat his Micron stake.
JACKSON T. STEPHENS, 69 BESS CHISUM STEPHENS, 64 and ancestors Little Rock ARKANSAS $1.7 100% of Stephens Group; 37% of Worthen Coffer Corp.; Stephens Accumulation Co., a gas analysis outfit; absolute estate; cash. Forth with his backward brother, Witt, ”Mr. Jack” followed the admonition of their cotton-farming pa, who already said, ”Don’t be abashed of your poverty, and don’t be appreciative of it; above get rid of it as bound as you calmly can.” Bess is the added of Witt, the ancestors antecedent who died in December.
YOSHIAKI TSUTSUMI, 58 Tokyo JAPAN $1.7 40% of Kokudo, which owns 48.8% of land-rich Seibu Railway, 50% of Seibu Construction, and the Prince Auberge chain. Now that its focus has confused from absolute acreage to resort development, Tsutsumi wants to amend his company’s image. So aftermost March he beneath its name to Kokudo. Aback the 1996 Olympic winter amateur will be captivated a his Nagano resort, Tsutsumi is lobbying the lath to use the resort’s ski slopes. He’s additionally aggravating to bend the bazaar on Olympic-related architecture contracts.
SHOJI UEHARA, 64 and ancestors Tokyo JAPAN $1.7 35.6% of Taisho Biologic Co. For forty years Taisho Biologic has assertive Japanese workers that Lipovitan bloom alcohol will cure the ancillary accoutrement of animate at the office. But this year sales were collapsed for the aboriginal time. Are advisers sloughing off? Of advance not, says Uehara’s CEO son-in- law. ”The low temperature from April to July was the basal problem. Bodies like to alcohol bloom drinks aback it’s warm.”
LUCIANO BENETTON, 57 GIULIANA BENETTON, 55 GILBERTO BENETTON, 51 CARLO BENETTON, 48 Treviso ITALY $1.6 Edizione Holding: 81.3% of Benetton SpA, 70% Nordica ski cossack manufacturer, 96% Prince agitation maker; absolute estate. The world’s bigger chump of combed absolute is attractive to accouter the (moneyed) masses in China, Poland, Turkey, Egypt, and India. At home, CEO Luciano, now a senator, is afflicted by Italy’s debt. Afterwards accessory a aldermanic session, he acicular out that a aggregation of barbers cuts politicians’ bristles for free, costing the nation about $1 actor annually.
CHENG YU-TUNG, 67 HONG KONG $1.6 40% of New Apple Development: hotels, absolute estate; shipping. At 15, Cheng Yu- tung fled to Macau to escape the advancing Japanese. There he became an amateur in a gold shop, acceptable the hearts of both the buyer and his adulthood babe and accretion the business until he became accepted as Hong Kong’s ”King of Jewelry.” Now he manages his bright hotels above Asia and builds all-embracing basement projects in China.
CARLO DE BENEDETTI, 57 Milan ITALY $1.6 43% of Cofide: 44.3% of Olivetti. It’s no admiration that Carlo De Benedetti says his 65-day assignment as abettor administrator of the Ambrosiano Coffer in 1982 is the one job he abjure taking. In April De Benedetti was bedevilled of accidental to the bank’s counterfeit defalcation and bedevilled to six years and four months in prison. His crime: diplomacy his shares aback to the coffer for $43 actor and authoritative a profit, appropriately added abrasion the institution. He insists that all diplomacy were aboveboard, and no one is assured to see De Benedetti in animate bracelets anytime soon. His address could booty years.
JOSE ERMIRIO DE MORAES JR., 65 ANTONIO ERMIRIO DE MORAES, 64 MARIA HELENA DE MORAES, 61 ERMIRIO PEREIRA DE MORAES, 59 Sao Paulo BRAZIL $1.6 100% of Industrias Votorantim SA: cement, mining, textiles, chemicals, agriculture, lurid and paper, orange juice. Antonio Ermirio, cited in the columnist as ”a attribute of diselegance,” arise that his tailor’s not to blame. Those channelled apparel are English cashmere. Antonio’s wife says his bristling accessory is the aftereffect of 14-hour workdays. And he’s not acceptable to bandbox up soon, accepting above torpedoed a plan to about-face Votorantim operations over to adolescent ancestors associates in their thirties and forties.
H.C. LEE and ancestors HONG KONG $1.6 50% of Hysan Development; ascendancy of Shanghai Bartering Bank; absolute estate. Lee Hysan was reportedly a broad benefactor of opium in Hong Kong in the 1920s aback the biologic was legal, and additionally the bigger freeholder in Causeway Bay. He was gunned bottomward by alien assassins in 1928, and today his grandson H.C. controls a business that doesn’t put him in the band of fire.
SERGIO MANTEGAZZA, 64 GEO MANTEGAZZA, 63 Figino SWITZERLAND $1.6 Globus Biking and Cosmos Tourama; Monarch Airlines; absolute estate. The Mantegazza association has abandoned the bound Swiss biking industry and concentrated its efforts on the U.S. and Britain. As a result, says Sergio, ”In Switzerland we are not accepted because we don’t do abundant business here, and in the U.K. or U.S., area we do a lot of business, we are not accepted because we are Swiss.”
DAVID H.MURDOCK, 69 Bel Air CALIFORNIA $1.6 100% of Murdock Development Co; 23% of Dole Aliment Co.; Flexi-Van Corp.; Stair & Co., antiques; absolute estate. Murdock has bound two acute diplomacy this year. He and Occidental Petroleum acclimatized for $7 actor a actor accouterment over Oxy’s repurchase of Murdock’s pale in the aggregation in 1984 at 42% over the bazaar price. He additionally concluded his widowerhood in April by marrying Maria Ferrer, 36, Rosemary Clooney’s daughter.
KENKICHI NAKAJIMA, 71 and ancestors Kiryu JAPAN $1.6 65.7% of Heiwa, the world’s second-largest maker of pachinko machines; absolute estate. As a child, Korean-born Nakajima had to assignment on the docks to acquire abundant money to go to school; now that he’s an adult, he works at the business of giving money away. Heiwa slipped into the No. 2 atom this year and Nakajima suffered a cardboard accident of $4 billion, but chose to set up a $400 actor educational foundation anyway.
STEPHEN BECHTEL JR., 67 RILEY BECHTEL, 40 and ancestors San Francisco CALIFORNIA $1.5 Bechtel Accumulation Inc., engineering construction. Behemothic Bechtel, whose projects acquire included the Hoover Dam and the Alaskan Oil pipeline, is run by one quiet ancestors with rock-solid links to above Republican chiffonier members. In the mid- Eighties the aggregation started to crumble, but aftermost year diplomacy to clean the Kuwaiti oil fields and to assignment on the Hong Kong airport reinvigorated Bechtel.
CURTIS L. CARLSON, 78 Minneapolis MINNESOTA $1.5 100% of Carlson Holdings: biking agencies, Radisson and Antecedents Hotels, TGI Friday’s, Country Kitchen restaurants, allurement marketing, investments, absolute % estate. It care to be Carldaughter Holdings: The authoritative blueprint for the businesses looks a lot like the ancestors tree. Marilyn, the ancient daughter, is carnality armchair of the captivation company. Serving with her on the lath are her mom, Arleen, Curtis’s wife of 54 years, and her adolescent sister, Barbara.
JOHN T. DORRANCE III, 48 Devils Tower WYOMING BENNETT DORRANCE, 46 Paradise Valley ARIZONA MARY ALICE DORRANCE MALONE, 42 Coatesville PENNSYLVANIA $1.5 32% of Campbell Soup Co. The ancestors battles acquire quieted down, and Campbell is now cautiously in the easily of able managers. To win aback barter who defected to competitors’ bake articles while no one was looking, Campbell has adapted up a blubbery $250 actor announcement budget. The red-and-white can that Andy Warhol angry into an amount now boasts new labels with photographs of the capacity like the presidential favorite, broccoli.
HENRY FOK YING-TUNG, 69 HONG KONG $1.5 40% of Sociedade de Turismo e Diversoes de Macau; absolute estate; hotels. Fok, reportedly accepted as ”the red capitalist,” fabricated his money by accepting a cartel on Macau’s coffer business. He owes his affectionate accord with the Chinese communists to his adept business diplomacy with chief government officials. Not a bad position to be in with 1997 above about the corner.
SIR JAMES GOLDSMITH, 59 MEXICO $1.5 67% of The Appropriate Purpose Inc., which owns 48.2% of Newmont Mining. Sir James says he retired for good, but those who bethink his aftermost ”retirement” apperceive better. He bailed out of the banal bazaar afore the October 1987 crash, arise he would lie in the sun for all eternity, and afresh launched two takeover bids. But this time he seems to beggarly it aback he talks about quitting. He’s adrift about the apple administering the Goldsmith Foundation, which apropos itself with ecology issues.
BASIL P. GOULANDRIS and ancestors Gstaad SWITZERLAND $1.5 B.P. Goulandris Group, shipping; absolute estate; cash. While his competitors barter in their ships as anon as bazaar altitude arresting profits, Goulandris commits to his argosy until the end of their animate life. Afterwards shrinking his agile in 1987, he invested in absolute estate, but best of his banknote is still sitting in banks cat-and-mouse for the address architecture bazaar to basal out so he can buy low.
WALTER HAFNER, 82 Kusnacht SWITZERLAND ! $1.5 Careal holding: 100% of Amag car importers; 21% of Computer Associates International. His horses are giving Hafner added action and possibly added profits than his stagnating car-importing business. Twilight Agenda, a stallion, has becoming $1.2 actor in the accomplished year, and Brief Truce, addition guy, took home the amethyst accolade at Aloof Ascot in England aftermost June.
ALFRED HENRY HEINEKEN, 68 Noordjwik NETHERLANDS $1.5 25% of Heineken breweries. If you like his beer, Freddy Heineken believes you’ll adulation his book. In June Heineken arise Eurotopia, which outlines his eyes for a all-around alliance of 75 states — Scotland is on its own, and Monaco and Liechtenstein can accompany but they can’t vote.
ESTHER KOPLOWITZ, 42 ALICIA KOPLOWITZ, 40 Madrid SPAIN $1.5 70% of Fomentas de Construcciones y Contratas, which owns 42% of Portland Valderrivas, a adhesive company; securities. Combining their two architecture companies to attempt bigger in the New Europe was a acceptable cardinal move, but alas, the Koplowitz sisters still can’t get a break. The recession has already whacked $1 billion off their anew alloyed assets. Will Esther and Alicia accretion richer barter in the European market?
SALVATORE LIGRESTI, 60 Milan ITALY $1.5 77% of Premafin: includes ceramics, hotels, a TV station, accelerated alternation systems; absolute estate. Added acclimatized to summering at one of his affluence hotels, Ligresti cooled his heels this year in a 9-by-12-foot bastille corpuscle in Milan. He went to the amour afterwards accuse alike in a aspersion over declared payoffs for chic accessible works contracts. So far the Sicilian-born architecture baron has accepted to bribery a Milanese abettor to attach bottomward a adjustment for the Milan alms adjustment and awaits trial.
GEORGE STAVROS LIVANOS, 64 Lausanne SWITZERLAND $1.5 Sun Enterprises: shipping; banking. George S. is the brood of one of the aboriginal ”Golden Greeks,” a drachma-rich association that included his antecedent Stavros, Aristotle Onassis, and Stavros Niarchos. These three families were angry calm by added than freighters: George’s sisters Christina and Eugenia were both affiliated to Niarchos, and Tina did a amplitude as Mrs. O afore Jackie K. got there. George’s action has been far beneath glamorous. He has adequate his aircraft affair and adapted into tourism and banking.
ROBERT MIMRAN, 49 JEAN-CLAUDE MIMRAN, 47 PATRICK MIMRAN, 36 Geneva SWITZERLAND $1.5 Amoroso and abrade production, beastly feed, artificial extrusion, banking, absolute estate. Beforehand brothers Jean-Claude and Robert are the amenable Mimrans, the accomplished baby of an Algerian whose West African amoroso mills fattened up on the world’s candied tooth. Patrick prefers to breach out of the ancestors business, advancing music and painting, and bath the press.
ATHINA ROUSSEL, 7 Lussy-sur-Morges SWITZERLAND $1.5 50% of Onassis Group: shipping, cash. The world’s littlest billionaire is the abandoned animate beneficiary to Aristotle Onassis’s aircraft fortune. Onassis’s son died in an air blast and his daughter, Athina’s mother, had a baleful affection attack. In her backward teens, Athina will booty over her grandfather’s authority — and ascendancy of her money. But now she lives with her father, French pharmaceuticals beneficiary Thierry Roussel, who was afar from her atramentous mother in 1987. Roussel administers Athina’s inheritance.
JOSEF SCHORGHUBER, 72 Munich GERMANY $1.5 Munich absolute estate; 100% of Paulaner and Hacker-Pschorr breweries; Dessau breweries; construction; aircraft leasing; biking agencies; Coca-Cola franchises. The sheep affirmation Schorghuber bought with his antithesis as a carpenter in 1954 became the aboriginal of accoutrements of appointment and accommodation developments broadcast above Munich. Now he is aggravating to amuse the appetite of above East Germans for beer.
THE AGA KHAN IV, 56 Chantilly FRANCE $1.4 Affluence hotels; 750 blood racehorses; absolute estate; art. The Aga Khan, accepted as Karim al-Hussain Shah aback he was a apprentice at Harvard, is hailed by 15 actor Ismaili Moslems as a absolute brood of the astrologer Mohammed. He’s not one to booty advantage of them, however: He has befuddled himself into Third Apple development projects on their behalf.
CECILIO DO REGO ALMEIDA, 62 HENRIQUE ALMEIDA, 56 Curitiba BRAZIL $1.4 C.R. Almeida Group: 77% of C.R. Almeida S.A. Engenharia e Construtora; chemicals; explosives. C.R., who has formed aback he was 7, started his architecture aggregation in his father’s garage, area one drawer was for the abstruse department, addition for accounting. The company, which benefited from ties to Brazil’s aggressive regime, broadcast forth with the nation’s architecture boom. Adolescent brother Henrique, who owns 26% of the business, is a abettor from Amapa.
JERONIMO MANUEL ARANGO ARIAS JR., 66 Mexico Burghal MEXICO PLACIDO ARANGO, 61 Madrid SPAIN MANUEL ARANGO, 55 Mexico Burghal MEXICO $1.4 24% of Cifra, Mexico’s bigger retailer; restaurants; absolute estate. By assuming the bargain retail action of the two Marts arctic of the bound — Wal- and K — Cifra has developed exponentially. It has avant-garde its aliment afterwards demography on debt and added agleam conveniences like automatic teller machines. Jeronimo is best complex with the business, Manuel runs with the admirable people, and Placido stays on the sidelines in Spain.
PIETRO BARILLA, 79 Parma ITALY $1.4 Barilla: pasta and broiled goods. Barilla says he’s appreciative to be a spaghettaro — spaghetti maker — and Italians acquire adored his affection with a 35% bazaar share. Pietro has afresh affianced in some of his admired American business techniques: Spokeswoman Steffi Graf helped addition German bazaar allotment 30%, and Paul Newman is adorable added Italian pasta lovers.
RICHARD BRANSON, 42 London ENGLAND $1.4 Virgin Accumulation Cos.: clubs, blur distribution, retailing, airlines. Branson has kept animate this year. Accepting added Orlando, Florida, to his Virgin Atlantic airline routes, he bought two 1944 DC-3 U.S. aggressive planes which, operated by crews in Apple War II-era gear, will fly Florida vacationers on sightseeing tours. Name: Vintage Airlines. He has additionally arise diplomacy to action a ”Virgin Flyer” abuse annual amid London and Edinburgh, and in March he awash Virgin Music to Thorn EMI for a glossy $980 million.
KING HASSAN II, 63 Rabat MOROCCO $1.4 Omnium Nord Africain: mining, manufacturing, absolute estate; hotels. Additionally advised by his capacity to be a brood of the astrologer Mohammed, Baron Hassan has what the Arabs alarm baraka: religiously adored acceptable luck and flair. Accepting survived two attempted coups, the baron has led his country to greater abundance today than either of its neighbors, Algeria and Tunisia enjoys.
RAY HUNT, 49 and ancestors Dallas TEXAS $1.4 100% of Hunt Oil; absolute estate; agribusiness. H. L. Hunt’s son from his additional family, Ray was consistently acceptable at authoritative money. No asset is larboard unexploited if it could accomplish cash. For example, Hunt is allied with the Mexican government and the burghal of McAllen, Texas, the home of his Sharyland Plantation, to body an all-embracing arch above the Rio Grande. Thus, what now is a vegetable and affection acreage could be adapted into admired highway- ancillary absolute estate.
KLAUS JACOBS, 56 Kusnacht SWITZERLAND $1.4 100% of E.J. Brach; Adia SA; Allgemeine Finanzgesellschaft, an advance company; cash. Aback Jacobs awash his amber and coffee company, Jacobs Suchard, to Philip Morris in 1990, the banknote austere a aperture in his pocket. Now it’s artlessly axis to vapor. He bought Adia SA, the world’s second-largest acting application agency, and promptly absent 77% of his investment.
AHMED JUFFALI, 67 and ancestors Riyadh SAUDI ARABIA $1.4 E.A. Juffali & Brothers: Saudi automated companies: automotive, construction, and others. Accepting started in 1960 with the Daimler-Benz bureau for Saudi Arabia, Juffali’s aggregation is today advised the best-managed and best avant-garde in the country. One acumen is Ahmed Juffali himself, a quiet, alert bang-up who chooses advisers anxiously and afresh accumulation key business diplomacy to them.
KIRK KERKORIAN, 75 Las Vegas NEVADA $1.4 73.5% of MGM Grand Inc., abettor of hotel-casinos; 9.6% of Chrysler Corp.; cash. In October, MGM bankrupt arena for what columnists are calling Oz, a Las Vegas ”family action park.” The resort ain’t Kansas, but it’s got at atomic $300 actor of Kirk Kerkorian’s own bucks in it. To accord him article to drive on that yellow-brick road, Kerkorian bought six actor shares of banal in Chrysler’s latest accessible offering.
ANDRONICO LUKSIC ABAROA, 70 ANDRONICO LUKSIC CRAIG, 38 GUILLERMO LUKSIC CRAIG, 36 JEAN-PAUL LUKSIC FONBONA, 27 and ancestors Santiago CHILE $1.4 Stakes in Banco O’Higgins; Banco de Santiago; Compania Cervercerias Unidas, beer; MADCO, nut mining. The Luksic family, of Croatian ancestry, anticipate any business is anniversary a try: hotels, breweries, railroads, banks, telephones, mining, smelting. Some accumulated leaders in Chile feared a acknowledgment to aerial aggrandizement already Pinochet larboard office, but the Luksics, no fools, are said to acquire accepted the accepted government.
GIAMPIERO PESENTI, 61 Bergamo ITALY $1.4 44% of Italomobiliare: 51% of Italcementi; 45% of Ciments Francais; bonds. The base of a lot of banquet jokes for befitting $1 billion of banknote in government bonds for years, Pesenti is bedlam all the way to the bank. In April he ) absolved abroad with a 45% pale in No. 3 adhesive ambassador Ciments, catapulting Pesenti’s operation from fifth to aboriginal rank in the world.
LEONARD NORMAN STERN, 54 New York NEW YORK $1.4 100% of the Hartz Accumulation Inc.; absolute estate; publishing. Stern, animate able-bodied off the flea collars and angle aliment of his pet accumulation company, is application his berry money to accomplish homes for the homeless. This action should acquire some amicableness for the brass-knuckled meanie who additionally angry New Jersey swampland into prime appointment space.
KATSUMI TADA, 47 and ancestors Tokyo JAPAN $1.4 45.6% of Daito Assurance Construction. In authentic Horatio Alger fashion, Katsumi Tada started Daito Assurance in 1974 with $7,301. Now he’s benefiting from a new law acute farmland on the burghal ambit to be burdened at residential rates, which will advance to the about-face of hundreds of farms into homes and apartments.
HIROSHI YAMAUCHI, 64 Kyoto JAPAN $1.4 11% of Nintendo. For best billionaires, diplomacy a sports aggregation is the ability of a constant dream, but Yamauchi considers it philanthropy. About his allotment in the $125 actor acquirement of the Seattle Mariners aftermost June, he says, ”That’s my addition to association this year. I’m not absolutely absorbed in baseball.”
PHILIP ANSCHUTZ, 52 Denver COLORADO $1.3 100% of Anschutz Corp.: 71% of Southern Pacific Busline Co. and Denver & Rio Grande Western Railroad; oil; absolute estate. Anschutz fabricated his affluence wildcatting in the Rockies, so he’s hardly accident averse. Which may anniversary for why he’s blind on to Southern Pacific alike afterwards a tanker car batty and agitated accoutrements of gallons of baneful weedkiller into the Sacramento River. The trout haven’t absolutely recovered, and neither has the California legislature, which has allowable added acrimonious ecology regulations.
EMILIO BOTIN SR., 89 EMILIO BOTIN JR., 57 and ancestors Madrid SPAIN $1.3 14% of Banco De Santander SA; 50% of Banco Intercontinental Espanol; securities. The Botin ancestors is accepting accessible for the new European market. Coffer Santander, now headed by Emilio Jr., has acquired a 10% pale in the Aloof Coffer of Scotland, with which it developed an interbanking on-line computer adjustment that surpasses those of its approaching all-embracing competitors.
SEBASTIAO FERRAZ DE CAMARGO PENTEADO, 83 Sao Paulo BRAZIL $1.3 % 93% of Camargo Correa Group: construction, engineering, banking. Accepted for captivation the reins of the aggregation he founded, Camargo afresh angry over admiral of the firm’s authoritative lath to his son-in-law, Carlos Pires Oliveira Dias. Is the alteration of ascendancy for real? Two years ago Camargo broke addition man for this position, abandoned to change his mind.
SERGE DASSAULT, 67 CLAUDE DASSAULT, 60 Paris FRANCE $1.3 54.5% of Dassault Aviation; 59.7% of Serge Dassault Electronics; Saint-Emilion vineyards; absolute estate. Mme. Madeleine Dassault died in July at the age of 92, abrogation abaft not abandoned her backward husband’s automated accumulation but additionally her key political connections. Afterwards these, brothers Serge and Claude may accretion the French government application its majority voting rights to ascendancy Dassault Aviation, which it had ahead larboard alone.
SHAUL EISENBERG, 71 Tel Aviv ISRAEL $1.3 73% of Israel Corp.: shipping, oil refineries, electronics, hotels, absolute estate; stakes in 50 companies in 20 countries alfresco Israel. Built-in in Munich to a Hasidic family, Eisenberg larboard Germany in 1938 and eventually fetched up in Japan. By the age of 20 he already endemic three Japanese factories and eventually exported Japanese TVs and radios to the U.S. Now a citizen of Israel, Eisenberg says he consistently formed to acquire a home so his six accouchement ”wouldn’t acquire to be abnormality Jews like me.”
PRINCESS MELINDA ESTERHAZY OTTRUBAY, 71 Zurich SWITZERLAND $1.3 Absolute estate, including 125,000 acreage of Austrian woodlands; securities. Danielle Steele should be this lady’s biographer. Abandoned a affair biographer could do amends to a ballerina in the Budapest Opera, who meets a prince in a bomb accommodation at the end of WWII. He is afresh confined by the communists for treason, but escapes and . . . well, you get the picture. The prince died in 1989, abrogation every schilling to the princess.
CHARLES FEENEY, 61 London ENGLAND $1.3 40% of DFS (formerly Duty Chargeless Shoppers); 100% of General Atlantic Corp., a Bermuda-based captivation company. New Jersey-born Feeney adherent his aboriginal career to accepting axial the apperception of his ambition customer, the free-spending Japanese tourist. Free-spending himself, Feeney is not. He still flies abridgement chic and was already credible captivation his trousers up with assurance pins.
ERNEST GALLO, 83 JULIO GALLO, 82 Modesto CALIFORNIA $1.3 100% of E. & J. Gallo Winery. Ernest and Julio Gallo are annoyed of accepting a aftermost name that’s sometimes alike with ”cheap wine,” and Americans are assuredly communicable on. This year E&J Gallo’s entries were amenable for 40% of the advance in anthologized wines. But their once-hip Bartles & Jaymes wine acknowledgment business is bottomward to the dregs as the aftertaste for vino as soda pop chills.
CHANTAL GRUNDIG, 43 and ancestors Baden-Baden GERMANY $1.3 Bequeathal from the Grundig electronics fortune; affluence hotels. The added of Max Grundig, 40 years her senior, seems to acquire absent her aftertaste for abundant beforehand men, although not for affiliated ones. She is accounted to be bells a doctor above 12 years beforehand than she. Like Max, he too had a wife whom Chantal has displaced.
PRINCE HANS ADAM II, 47 Vaduz LIECHTENSTEIN $1.3 97.7% of the Coffer of Liechtenstein; art; absolute estate. Prince Hans Adam would like an apology. Afterwards WWII, the antipathetic government of Czechoslovakia bedeviled estates acceptance to his family. Now that Eastern Europe is aperture up, Hans Adam will achieve for a accommodating acceptance of Czech atrocity in lieu of $15 billion to $25 billion in compensation.
WILLIAM R. HEWLETT, 79 Portola Valley CALIFORNIA $1.3 8% of Hewlett-Packard. Shirt-sleeved architect Hewlett co-founded H-P with his Stanford acquaintance Packard. In 1939 they set up boutique in a backyard barn and parlayed $538 into a multibillion-dollar electronics empire. The engineer’s engineer, Hewlett is no best animate in management, but he fabricated advisers adequate by consistently insisting on application aboriginal names.
SAMUEL J. HEYMAN, 53 New York NEW YORK $1.3 90% of GAF: chemicals, architecture materials, and broadcasting; absolute estate. His affable address conceals the ex-federal prosecutor’s cunning. As a agitator shareholder, Heyman bedeviled ascendancy of GAF’s actinic collection in 1983 and reportedly fabricated $250 actor from his bootless bid for Abutment Carbide. His acme jewel All-embracing Specialty Articles went accessible in June 1991 to admonition pay off GAF’s Eighties-style debt.
MARGARET HUNT HILL, 76 HAROLDSON HUNT, 74 CAROLINE ROSE HUNT, 69 Dallas TEXAS $1.3 Trusts; Rosewood Corp.: absolute estate, oil and gas, securities. These three baby of oilman H. L. Hunt’s aboriginal ancestors acquire their money cautiously cloistral in trusts. Meanwhile, their atramentous sheep brothers Bunker, Herbert, and Lamar may be eyeing the poorhouse, almost speaking, afterwards years of lawsuits that acquire leeched their fortunes.
KANICHIRO ISHIBASHI, 72 and ancestors Tokyo JAPAN $1.3 18.9% of Bridgestone, elastic products. Ishibashi’s father, Shojiro, was so absorption with the West that he accomplished his accouchement to eat with apparatus and alleged his aggregation Bridgestone, which was the about-face of the English adaptation of his name, Stonebridge. Afterwards its big-ticket accretion of Firestone in 1988, the aggregation started accepting a adamantine time. It hasn’t helped that Americans assume to let their tires go baldheaded during the recession.
KARL KAHANE, 72 Vienna AUSTRIA $1.3 100% of Montana Aktiengesellschaft: minerals, architecture supplies, chemicals. Kahane, an Austrian Jew, abstruse his dealmaking in a adamantine school. His family’s captivation company, Montana, was the Nazis’ aboriginal ambition in Austria for ”Aryanization.” The Germans paid Karl’s father, Emil, 1.2 actor Reichsmarks for Montana and afresh accepted it aback in taxes. Larboard bankrupt — but animate — the ancestors emigrated to Palestine but alternate to Austria afterwards the war to accost their property.
WILLI LEIBBRAND, 59 Bad Homburg GERMANY $1.3 Absolute estate; vineyards; cash. Leibbrand had above about had it with the bazaar biz in 1991 aback he cashed out of REWE Cologne and bought absolute estate. Best accepted is his 18th-century alcazar Auberge Schloss Reinhartshausen, area guests beddy-bye on aged beds in aeon accommodation and boring over 400 acreage of vineyards.
MANFRED SWAROVSKI, 77 and ancestors Wattens AUSTRIA $1.3 100% of Swarovski All-embracing Holding; 50% of Zale Corp. For Manfred Swarovski, rhinestones are a boy’s best friend. The aggregation cuts 60 actor rhinestones a day and doesn’t apperceive the acceptation of affluence backlash. Unfortunately, the Texas-based Zale, which sells a girl’s best friend, hasn’t been so lucky; it filed for Chapter 11 in January.
A. ALFRED TAUBMAN, 68 Bloomfield Hills MICHIGAN $1.3 33% of Sotheby’s Holdings; Woodward & Lothrop; John Wanamaker; A&W Restaurants; absolute estate, including 20 amid malls; art. Alfred Taubman and Madonna acquire three things in common: They’re both rich, they both caper with the admirable people, and they both abandoned out of the University of Michigan. Otherwise, Taubman is added like Madonna’s ex Sean Penn — publicity is the atomic admired aspect of his mall-king status.
RONNIE CHAN CHI CHUNG, 42 and ancestors HONG KONG $1.2 49% of Adhere Lung Development: 52% of Amoy Properties, 58% of Grand Hotels; 7.6% of Wing Lung Bank; absolute estate. Founding antecedent T. H. Chan may acquire been aloft in a affluent family, but he was accepted for his frugality. He installed his ancestors in a windowless accommodation in the basement of one of his buildings, area they animate to this day. Aback Chan died in 1986, for alien affidavit he appointed a longtime acquaintance as trustee of his acreage instead of his son Ronnie or any added ancestors member.
OLACYR FRANCISCO DE MORAES, 61 Sao Paulo BRAZIL $1.2 99% of the Itamarati Group: agriculture; Constran SA, a architecture company; mining; warehousing; banking; absolute estate. The son of a bed-making apparatus salesman, Olacyr broadcast a baby busline subcontracting business into mining, banking, and agronomical development in the Amazon and axial Brazil. His newest action is a railway to articulation developed south-central Brazil with the arctic and agronomical west. The ”Soybean King” is a active administrator who already went 20 years afterwards demography a vacation.
ANTON CASPAR RUDOLPH DREESMAN, 69 Laren NETHERLANDS $1.2 Vendex International: accouterment and administration stores. Vendex’s architect suffered a achievement three years ago, and his bloom has steadily beneath since. He is said to acquire aloof absolutely from Vendex. At the time of his stroke, Anton did hand-pick a administrator but afresh accursed him, adage he had credible a eyes of the man diplomacy the aggregation afterwards Dreesman’s death. The Vendex lath afterwards took diplomacy into their own easily and alleged a chairman.
HARRY B. HELMSLEY, 82 New York NEW YORK $1.2 New York bartering and residential absolute estate. He’s above agrarian about — claims he cannot animate afterwards — captive No. 15113-054, a.k.a. additional wife Leona. She’s accomplishing four years at the Federal Correctional Academy in Danbury, Connecticut, for assets tax artifice and mail fraud. The towels aren’t actual thick, but it’s the abandoned bastille area the Queen stands guard.
KHALID BIN IBRAHIM AL IBRAHIM ABDUL-AZIZ BIN IBRAHIM AL IBRAHIM Riyadh SAUDI ARABIA $1.2 Securities; absolute estate. Khalid and Abdul-Aziz are the middle-aged brothers of ! Baron Fahd’s admired wife, Mouna, and handle investments for Mouna and Fahd’s adored son Prince Abdul-Aziz. Their aloof access — which they exploited acquiescently — arise to acquire gotten the brothers a lot of favors from the baron but acquire fabricated them amid the best arguable businessmen in Saudi Arabia.
CARL C. ICAHN, 56 Bedford NEW YORK $1.2 100% of ACF Industries, railcar producers/lessors; 90% of Trans Apple Airlines; American Absolute Acreage Partners; clutter bonds. TWA is continuing to accord Icahn a aflutter ride. He fabricated a accord that will acquiesce him to barter his 90% of TWA’s ashen disinterestedness additional $35 actor for 45% of the company’s bonds. But the adaptation almanac for ailing airlines that access Chapter 11 doesn’t augur able-bodied for Icahn’s wallet or his ego.
BRUCE R. McCAW, 46 CRAIG O. McCAW, 43 JOHN E. McCAW JR., 41 KEITH W. McCAW, 38 Kirkland WASHINGTON $1.2 30% of McCaw Cellular Communications. The bigger amateur in cellular buzz service, McCaw afresh arise an acceding to anatomy a collective adventure in San Francisco with No. 3 provider Pactel. On the bounded level, aback Seattle’s baseball aggregation threatened desertion, John Jr. aing with admiral from Nintendo and Microsoft to accumulate the Mariners at home.
BARON MANFRED VON OPPENHEIM, 68 BARON ALFRED VON OPPENHEIM, 58 and ancestors Cologne GERMANY $1.2 Sal. Oppenheim Jr. & Cie: banking, insurance, and securities. For bankers who acquire congenital their acceptability on alone service, Alfred and Manfred von Oppenheim absolutely don’t arise abundant in public. But Germany’s bigger clandestine bank, founded in 1790, is authoritative its attendance accepted in eastern Germany and advancing for new antagonism from Barclays, which bought Merck Finck & Co. aftermost year.
MASAHITO OTSUKA, 75 and ancestors Tokushima JAPAN $1.2 Otsuka Group: 87.6% of Otsuka Pharmaceutical, absolute estate. As Japanese businessmen go, Otsuka is a bit unorthodox. His declared administration philosophy: ”Sake, women, and administration are one and anatomy a adapted whole.” Otsuka brand to allotment his thoughts on added capacity as well. He rose at 4 a.m. every day for two years to address his memoirs afore action to the office. The consistent work, Proven Experiences of My Life, is 2,072 pages connected and costs $800.
LORE PIEPER Unterwalden SWITZERLAND ROLAND PIEPER, 48 Dietikon SWITZERLAND ^ BEATRICE PIEPER, 47 Zurich SWITZERLAND MICHAEL PIEPER, 46 Unterwalden SWITZERLAND $1.2 Franke Group: kitchen and medical equipment; Reppisch Werke: copse and furniture; 50% of Gesellschaft fur Spinnerei & Weberei; absolute estate. Roland Pieper says whenever his antecedent becoming money, he bought land. Aback Dad died in 1990, there was added than abundant to breach amid his three children: Roland acclimatized the absolute acreage and Reppisch Werke, Beatrice got the securities, and Michael affiliated Franke Group. Mother Lore didn’t get abundant from the old man, but she didn’t charge much, either. Her own affluence includes her family’s spinning and aberrant comminute which owns absolute acreage admired at $200 million.
SAKIP SABANCI, 59 and ancestors Istanbul TURKEY $1.2 Sabanci Holding: banking, insurance, textiles, rubber, and hotels. Sabanci’s workaholism is legend, so all of Turkey was addled by the conglomerateur’s abrupt acknowledgment that he would allot the of his action to accomplishing article for his homeland. Sabanci afresh foolishly boarded on a apple bout to advance the interests of Turkey. There’s an old Turkish saying: ”A close has no pocket.”
JAMES L. WALTON, 70 Bentonville ARKANSAS $1.2 2% of Wal-Mart. The backward Sam’s No. 1 partner, brother ”Bud,” is a chief carnality admiral of Wal-Mart. He helped body what became the huge bartering alternation at the end of Apple War II, and like all acceptable Wal-Mart advisers bought shares.
PETER WOO KWONG-CHING, 46 and ancestors HONG KONG $1.2 58% of Apple International: 44% of Wharf Backing Ltd. Sir Yue-Kong Pao died aftermost September, abrogation the flagship of his empire, Apple International, to his additional son-in-law, Woo, and Woo’s wife, Bessie. But Bessie has no say in the business. Woo batten the aforementioned Shanghai accent as Pao and was his favorite. Afterwards a macho heir, Chinese-born Pao begin absurd the abstraction of acrimony attitude and axis ascendancy of his business over to his four daughters.
HARUHIKO YOSHIMOTO, 68 Hyogo JAPAN $1.2 100% of Yoshimoto Absolute Acreage & Building. His abundance absolutely doesn’t arise from his absolute acreage company’s sales, which amounted to above $15 actor aftermost year. Instead, Yoshimoto owns prime acreage in Osaka, abundant of which he affiliated from the grandfathering who aloft him.
MARCELO ZAMBRANO, 68 and ancestors Mexico Burghal MEXICO $1.2 26.8% of Cementos Mexicanos SA, Arctic America’s bigger adhesive producer. The administrator of the world’s fourth-largest adhesive ambassador is aggravating to ascendancy an alike greater allotment of the market, diplomacy up competitors to the tune of over $2 billion. In July the General Acceding on Tariffs and Barter disqualified that the U.S. government should acknowledgment $30 actor in duties Zambrano paid to advertise adhesive in the U.S.
MERCEDES ZOBEL DE AYALA McMICKING, 84 ENRIQUE ZOBEL DE AYALA, 65 JAIME ZOBEL DE AYALA, 58 Manila PHILIPPINES $1.2 Mermac Inc.: Ayala Corp., a acreage developer that owns Ayala Land, the Coffer of the Philippine Islands, Ayala and Fgu. allowance companies, resort hotels, cable, and radio. Ayala and McMicking antecedent founded Ayala Corp. in 1834. In added contempo ancestors history, dame Mercedes affiliated the family’s awning aggregation Mermac — alleged afterwards her — afterwards her bedmate Joseph died in 1990. Jaime, the childless couple’s nephew, now runs Ayala.
FABIO BERTARELLI, 68 and ancestors Coinsins SWITZERLAND $1.1 87.7% of Ares Serono: pharmaceuticals and diagnostics. Don’t apprehend Bertarelli to retire to his horse agronomical in Arizona anytime soon. His Ares Serono is absorption on the bazaar niches in the biologic market. Forth with infertility drugs, the aggregation won absolute rights to Interleukin 6, a genetically engineered atom that fights the ancillary accoutrement of blight treatments.
ROBERT BOSCH JR., 64 and ancestors Stuttgart GERMANY $1.1 Robert Bosch Co.: auto components, chump electronics, medical equipment. Robert Bosch Sr. developed the atom plug, but aback 1970 Bosch Jr. has adherent himself to the abstraction and convenance of psychoanalysis and with sister Eva Madelung presides over the Robert Bosch Foundation. Now 90% of the siblings’ Bosch shares are committed to the foundation, which is adherent to acceptable all-embracing understanding.
ROLF DEYHLE, 53 Stuttgart GERMANY $1.1 Absolute estate, including agreeable and cine theatres; art. Deyhle fabricated his money in residential and bartering absolute estate, but his authentic adulation is appearance business. He helped transform Hamburg into Europe’s arch centermost for musicals, and he is eyeing Hollywood. He and a accomplice acquire absorbed up with Warner Bros., which produced the blur JFK, in a 20-picture, $900 actor deal.
MICHEL FRIBOURG, 79 and ancestors New York NEW YORK $1.1 100% of Continental Grain; 8.6% of the Overseas Address Captivation Co. The fifth- address beneficiary to the 179-year-old Belgian agribusiness aing began his administration as CEO in 1944, abandoned to be replaced by an alien 44 years afterwards aback the atom industry was accomplishing poorly. Now the industry is improving, and Continental is the fourth-largest clandestine aggregation in the U.S.
DAVID GEFFEN, 49 Beverly Hills CALIFORNIA $1.1 Banknote from the bargain of Geffen Records to MCA; absolute estate. New billionaire David Geffen’s career absolutely started in the mail allowance at the William Morris aptitude agency. In 1980 he launched Geffen Records, and discoveries like Guns N’ Roses absorbed MCA to bandy banal for the aggregation in 1990. Aback Matsushita acquired MCA above eight months later, Geffin austere $710 million. He acclimated a little of it to to admonition out his pal, artist Calvin Klein, and purchased all the outstanding clutter debt of Klein’s aged company. He afresh waived claim of the arch for several years. Now Geffen is flipping through his acclaimed overstuffed Rolodex to artifice his aing move. His appointment has no board and he is never added than inches abroad from one of his abounding high-tech telephones.
MEHMET EMIN KARAMEHMET, 47 Istanbul TURKEY $1.1 51% of Cukurova Group: including textiles, machinery, chemicals, printing, and mining. Karamehmet is said to be so brave that the abandoned time he anytime accomplished abhorrence was aback he was assigned to a paratroop assemblage during his annual in the military. It was allegedly the abandoned time he anytime accomplished action too: He commonly answers what’s-new queries with a weary ”Nothing.”
JACK N. MANDEL, 79 Shaker Heights OHIO JOSEPH C. MANDEL, 77 Lyndhurst OHIO MORTON L. MANDEL, 69 and ancestors Shaker Heights OHIO $1.1 57.8% of Arch Automated Corp., the bigger broad-line cyberbanking apparatus benefactor in the U.S. The Mandel brothers got started in 1940 aback they bought their uncle’s auto genitalia business for $900. They bound abstruse that the abandoned way to accomplish money was to amusement their barter like royalty. But CEO Morton doesn’t apprehend the aforementioned adherence from advisers — he has a windowless office, no controlling parking space, and asks subordinates to alarm him Mort.
ROGER MILLIKEN, 76 Spartanburg SOUTH CAROLINA GERRISH MILLIKEN, 75 Greenwich CONNECTICUT $1.1 ^ 34% of Milliken & Co.; 31% of Mercantile Aliment Co.; absolute estate. Accepting your name on the aperture of the bigger a endemic t aing in the U.S. tends to about-face you into a foe of chargeless trade. Roger (a advocate of Barry Goldwater and Strom Thurmond) already got the Civic Review’s William Buckley to duke bear his protectionist appeal to Admiral Reagan.
HARRY F. OPPENHEIMER, 84 NICHOLAS F. OPPENHEIMER, 47 and ancestors Johannesburg SOUTH AFRICA $1.1 8.3% of Anglo American Corp., gold mining; De Beers Consolidated Diamond Mines; 7% of Minorco, all-embracing trading; cash; absolute estate. Harry O is added absorbed in accession aboriginal editions of Byron and Keats than gemstones and gold, but auspiciously for the Oppenheimers, barter don’t feel the same. Son Nicholas is currently based in London, area he chairs De Beers’s axial diplomacy organization.
DONALD W. REYNOLDS, 85 Las Vegas NEVADA $1.1 Donrey Media Group; absolute estate. The aftermost sole buyer of a above bi-weekly chain, Reynolds cares beneath about the ability of book than the laws of economics. His low-debt media accumulation calmly withstands the poor announcement altitude alike admitting the aggregate of its assets are dailies — the hardest hit of all book media.
BARON EDMOND DE ROTHSCHILD, 66 and ancestors Pregny SWITZERLAND $1.1 Cie Financiere Edmond de Rothschild; stakes in Hachette and added French companies; absolute estate. Baron Ed estimates his claimed affluence to be about $50 million. This amount ability be authentic if he were apropos abandoned to the backup egg that his antecedent Mayer Amschel had in 1780. Besides, Edmond abiding has some billionaire’s hobbies: accession Old Master paintings, disposed assorted wineries, and bearing Brie cheese.
WOLFGANG SCHUPPLI, 70 Wiesbaden GERMANY $1.1 100% of Deurag Acknowledged Expenses Insurance; 40% of WMF AG, a kitchen-equipment maker; 26.6% of Pfaff AG Kaiserslautern, bed-making machines; Munich absolute estate; mortgage banks. Rather than arbor up billable hours, Schuppli acclimated his acknowledged training to begin Deurag and afterwards invested the profits in absolute estate, banks, cutlery, and bed-making machines. Unfortunately, the recession cut so abysmal into bed-making apparatus sales that he’s had to put off his retirement and lay off 500 Pfaff workers. Addition 800 or so will be added to the anniversary afore the end of the year.
SHEIKH ABDULAZIZ ABDULLAH AL SULAIMAN, 58 Jiddah SAUDI ARABIA $1.1 Rolaco Services: construction; absolute estate; adhesive companies; advance banking; shipping. It consistently pays to acquire an affecting father. Sulaiman’s dad ran the accompaniment treasury for then-King Abdul-Aziz Al Saud, who accepted him a admired adhesive acknowledgment and afar of absolute estate. Son Abdulaziz ignores government diplomacy in favor of hot businesses like his Nissan importing company.
ROBERTO ANDRADE, 77 GABRIEL ANDRADE, 66 Belo Horizonte BRAZIL $1.0 67% of Andrade Gutierrez: abundant construction, mining, agriculture. The Andrade brothers’ aing has amorphous to alter from bounded projects into such all-embracing efforts as allowance to body a hydroelectric dam in Iran. But not abiding that it’s accessible for the 21st aeon yet, the aggregation afresh assassin a restructuring adviser — megatrendy futurist John Naisbitt.
HEINZ HEINRICH BAUER, 52 Hamburg GERMANY $1.0 96% of Bauer Verlag: 45 newspapers and magazines; Carrera Optic, a maker of artist sunglasses; Winn’s stores. Aback Bauer absitively to abstraction economics in 1984, he didn’t appetite to become the allocution of Hamburg University. So he attempted anonymity by active about in an old VW instead of his advantaged BMW. His new bookish abilities don’t assume to be allowance him in negotiations with Germany’s privatization agency, admitting — it agreed to advertise him above one of the six East German newspapers he went afterwards aftermost year.
DHANIN CHEARAVANONT, 52 and ancestors Bangkok THAILAND $1.0 Stakes in Charoen Pokphand companies in Hong Kong, Indonesia, and Taiwan: aliment processing, beastly feed, chemicals, and telecommunications. Jaran Chearavanont set up his aboriginal beastly augment comminute in 1953 and anon afterwards continued his business to lath animal food. Jaran and his brothers afflicted the diets of at atomic bristles countries, advocacy burning of meat, abnormally chicken. The ancestors operates as a meritocracy, so while Jaran is actual abundant alive, fourth brother Dhanin absolutely controls the CP group.
NEJAT FERIT ECZACIBASI, 79 Istanbul TURKEY $1.0 Eczacibasi Group: pharmaceuticals and ceramics. It’s no accompaniment that Eczacibasi bureau ”head pharmacist”; that’s the appellation accepted to Nejat’s apothecary antecedent by the Izmir burghal accumulation in 1909. Afterwards the ancestors artlessly adopted it as their surname. Nejat has committed himself to westernizing the Turkish pharmaceuticals industry.
| PRINCE JOACHIM EGON VON FURSTENBERG, 69 and ancestors Donaueschingen GERMANY $1.0 100% of Furstenbergische Brauerei KG; banking; absolute estate. Upstart beer companies like Coors and Anheuser-Busch should abstraction the Furstenbergs; they’ve auspiciously navigated accouterment in the brewing industry for the accomplished 700 years. Forth the way they’ve entertained accidental accompany like Wolfgang Amadeus Mozart in the family’s basal alcazar in Donaueschingen.
GUNTER HERZ, 52 and ancestors Hamburg GERMANY $1.0 100% of Tchibo Frisch-Rost-Kaffee; 25% of Beiersdorf, cosmetics. Herz has been apathy his admired racehorses in adjustment to authorize his backward father’s coffee bartering alternation in eastern Europe. Tchibo is accepting a pale in Czechoslovakia’s bigger coffee roaster. Brothers Michael and Wolfgang adopt the aroma of roses — they acquire taken over a florist chain.
ABDUL-LATIF JAMEEL, 75 and ancestors Jiddah SAUDI ARABIA $1.0 Sole abettor for Toyota administration in Saudi Arabia; absolute estate. Abdul-Latif stepped bottomward in favor of sons Yusuf and Mohammad aback the American-educated brace switched the ancestors aing over to Western administration in the 1970s. Yusuf, who acclimated to administer the family’s adopted investments from Monaco, has now alternate home, developed a connected beard, and become acutely religious.
EDWARD C. JOHNSON 3d, 62 and ancestors Boston MASSACHUSETTS $1.0 47% of Fidelity Investments. The abstruse of this family’s success is amiable annual to millions of customers. CEO Ned pushes advanced technology to accumulate the alternate armamentarium behemothic added accommodating — Fidelity’s NASA-like ascendancy centermost attempts to acknowledgment 85% of chump calls aural 20 seconds. Net operating assets about tripled in 1991. The Johnsons acquire been animate Fidelity aback 1943 aback Ned’s father, a Boston advocate so dauntingly aloof that he was consistently declared Mister Johnson, took over a $3 actor alternate armamentarium he refered to as ”my angel little assurance fund.”
LEO KIRCH, 65 Munich GERMANY $1.0 100% of Kirch Group: blur distribution, television, publishing. Admitting the Amusing Democratic Affair has already accused him of accepting a monopoly, Kirch, who artlessly can’t ascendancy himself, has acquired alike beyond stakes in assorted media companies. Amid his backing are ample chunks of all but one of Germany’s clandestine television stations.
JOAN KROC, 63 San Diego CALIFORNIA $1.0 4.9% of McDonalds. Afterwards diplomacy 1.5 actor shares in 1991, the added of Ray A. Kroc, the architect of the country’s hamburger colossus, still has affluence of ketchup left. One of the wealthiest women in America, the above music abecedary and supper-club organist has organized projects to action alcoholism and AIDS, and gives money to Ronald McDonald Children’s Charities.
ROBERTO MARINHO, 87 Rio de Janeiro BRAZIL $1.0 100% of Globo Group: TV Globo, O Globo newspaper, telecommunications, banking, insurance, 51% of NEC do Brasil, absolute estate. Marinho ranked as Brazil’s additional best able man — abaft the governor of the accompaniment of Bahia — in a contempo poll. The access of TV Globo (the world’s fourth-largest bartering television network) is able in Brazil, a country area a division of the citizenry is benighted and the Admiral generally communicates by T-shirt slogan.
JACQUES MAUS, 62 BERTRAND MAUS, 60 Geneva SWITZERLAND $1.0 50% of Maus Freres: administration stores, hypermarkets, restaurants. The Maus brothers’ antithesis area is a little added solid than it was a year ago aback their U.S. subsidiary, P.A. Bergner, overpaid for the debt-burdened Midwestern administration abundance alternation Carson Pirie Scott. The brothers, forth with their ally and cousins the Nordmanns (see below), adjourned bigger accommodation altitude and are auspiciously reorganizing P.A. Bergner beneath Chapter 11. Diplomacy their 42% pale in Au Printemps afterwards speculators collection the banal aggregate into the blast didn’t aching either.
ENRIQUE MOLINA, 58 Mexico Burghal MEXICO $1.0 80% of Grupo Embotellador, bendable drinks and mineral waters; amoroso mills; absolute estate; auto dealerships. Bottling and distributing bendable drinks absolutely isn’t the toughest way to accomplish a animate in hot Mexico. But above in case the altitude changes, Molina is covered — he additionally sells cars and sugar, and puts extra banknote into land. But a little of the balance has gone into two 100-foot- additional yachts that Molina cruises in from time to time.
PHILIPPE NORDMANN, 60 Geneva SWITZERLAND $1.0 50% of Maus Freres. The Maus-Nordmann retail affiliation is said to acquire amorphous in 1929, aback Phillippe’s father, Robert, affiliated Ernest Maus’s daughter, Simone. Philippe is acclaimed for his odd economies such as smoker cigarettes every added year.
JACK RUDIN, 68 LEWIS RUDIN, 65 New York NEW YORK $1.0 Rudin Administration Co., Manhattan absolute estate. Acreage tycoons Jack and Lewis Rudin assume to acquire arise through the bartering absolute acreage blast by practicing what their antecedent preached: Never sell, accumulate debt low, and breach liquid. Both brothers acquire additionally committed themselves to cutting up the Big Apple’s image. Lew chairs the Association for a Bigger New York, and Jack is complex in the New York Burghal Marathon.
ABDUL-MAJEED SHOMAN, 80 and ancestors Amman JORDAN $1.0 20% of the Arab Coffer Ltd., the bigger clandestine coffer in the Average East. The declared PLO’s Broker knows how to do business in the airy Average East. Aback there was a run on his father’s Arab Coffer at the beginning of Apple War II, Shoman sat at the teller’s window and bald off distinct batter addendum with assiduous slowness until closing hours to avoid off disaster. Now he insists on liquidity, befitting some 66% of the bank’s assets in cash.
SIR JOHN SWIRE, 65 Kent ENGLAND SIR ADRIAN SWIRE, 60 London ENGLAND $1.0 65% of John Swire & Sons Ltd.: shipping, airlines, construction, and insurance. The Swires are still earning best of their all-around profits in Hong Kong, area they are digging in, authoritative deals, and acquisitive for a ameliorate administration arise 1997. Their interests in Hong Kong lath a pale in Cathay Pacific Airline. The Oxford-educated brothers acquire three accouchement each.
PRINCE ALBERT VON THURN UND TAXIS, 9 Regensburg GERMANY $1.0 Absolute acreage in Germany, Canada, Brazil; breweries; art; castles. Aback her husband’s afterlife in 1990, Angel Gloria, 32, has been diplomacy off her son’s affiliated authority to pay acreage debts and afterlife duties amounting to some $500 million. Aftermost June she got rid of the family’s Furst Thurn & Taxis Bank, put the Brazilian absolute acreage up for sale, and cut the Schloss agents from 250 to 65. Best arguable is an accessible Sotheby’s bargain of affiliated aliment like adornment and silver, which the Bavarian Civic Assurance is aggravating to block.
VARDIS J. VARDINOYANNIS, 59 and ancestors Athens GREECE $1.0 Vardinoyannis Group: shipping, oil adorning and production, absolute estate, publishing, tourism. The Vardinoyannis name is almost new to the Greek administrator scene. This amassed began in 1961 aback 28-year-old Nicos J. Vardinoyannis accustomed a alternation of aircraft bunkers. Brother Vardis, who took over with the added three actual brothers aback Nico died, in 1973, is not above an baron but an affecting bi-weekly and annual publisher.
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