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300 OR 13% OF WORLD’S BILLIONAIRES ARE IMMIGRANTS GOOGLE FOUNDER SERGEY BRIN, 43, RICHEST IMMIGRANT IN WORLD WITH US$36BN, FOLLOWED BY GEORGE SOROS USA IMMIGRATION DESTINATION OF CHOICE FOR 73, FOLLOWED BY SWITZERLAND AND UK, 42 AND 39 LONDON ‘IMMIGRATION BILLIONAIRE CAPITAL OF WORLD’ GERMANY AND INDIA COUNTRIES OF ORIGIN FOR MOST IMMIGRANT BILLIONAIRES, WITH 31 AND 30, FOLLOWED BY CHINA WITH 24 14% IMMIGRATED AS CHILDREN, 18% AS UNIVERSITY STUDENTS, 41% AS ADULTS 27% IMMIGRATED HAVING MADE THEIR FORTUNE. UK & SWITZERLAND IMMIGRANT BILLIONAIRE CAPITALS OF WORLD 19 BILLIONAIRE IMMIGRANTS UNDER AGE OF 45, LED BY JOHN COLLISON OF IRELAND, 27. OTHERS INCLUDE UBER CO-FOUNDER GARRET CAMP OF CANADA, WHATSAPP FOUNDER JAN KOUM OF UKRAINE NETHERLANDS-BORN CHARLENE CARVALHO OF HEINEKEN WEALTHIEST IMMIGRANT WOMAN WITH US$11BN 40% OF HURUN GLOBAL RICH LIST RESIDE IN SAME PLACE AS WHERE THEY GREW UP, LED BY BILL GATES IN SEATTLE AND WARREN BUFFETT IN OMAHA LEADING AUTHORITY ON GLOBAL WEALTHY RELEASES HURUN IMMIGRANT BILLIONAIRES LIST 2017, PROUDLY PRESENTED BY CHINA-BASED IMMIGRATION BRAND WAILIAN GROUP (21 March 2017, Beijing, China) Hurun Report and Wailian Group today released the Hurun Immigrant Billionaires List 2017, a ranking of the immigrant billionaires from around the world. The Hurun team of researchers extensively went through the Hurun Global Rich List 2017, pulling out all first generation immigrants, those who reside today in a country different to where they were born and/or brought up. This is the first year of the list and is a sublist of the Hurun Global Rich List 2017 series, released on 7 March. Hoogewerf said, “We believe this to be the first serious attempt to track the immigration status of the world’s billionaires.” 1 / 28

Transcript of up.hurun.netup.hurun.net/.../201701/201703/201704/20170426170344178.docx · Web viewMatthias...

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300 OR 13% OF WORLD’S BILLIONAIRES ARE IMMIGRANTS

GOOGLE FOUNDER SERGEY BRIN, 43, RICHEST IMMIGRANT IN WORLD WITH US$36BN, FOLLOWED BY GEORGE SOROS

USA IMMIGRATION DESTINATION OF CHOICE FOR 73, FOLLOWED BY SWITZERLAND AND UK, 42 AND 39

LONDON ‘IMMIGRATION BILLIONAIRE CAPITAL OF WORLD’

GERMANY AND INDIA COUNTRIES OF ORIGIN FOR MOST IMMIGRANT BILLIONAIRES, WITH 31 AND 30, FOLLOWED BY CHINA WITH 24

14% IMMIGRATED AS CHILDREN, 18% AS UNIVERSITY STUDENTS, 41% AS ADULTS

27% IMMIGRATED HAVING MADE THEIR FORTUNE. UK & SWITZERLAND IMMIGRANT BILLIONAIRE CAPITALS OF WORLD

19 BILLIONAIRE IMMIGRANTS UNDER AGE OF 45, LED BY JOHN COLLISON OF IRELAND, 27. OTHERS INCLUDE UBER CO-FOUNDER GARRET CAMP OF CANADA,

WHATSAPP FOUNDER JAN KOUM OF UKRAINE

NETHERLANDS-BORN CHARLENE CARVALHO OF HEINEKEN WEALTHIEST IMMIGRANT WOMAN WITH US$11BN

40% OF HURUN GLOBAL RICH LIST RESIDE IN SAME PLACE AS WHERE THEY GREW UP, LED BY BILL GATES IN SEATTLE AND WARREN BUFFETT IN OMAHA

LEADING AUTHORITY ON GLOBAL WEALTHY RELEASES HURUN IMMIGRANT BILLIONAIRES LIST 2017, PROUDLY PRESENTED BY CHINA-BASED IMMIGRATION

BRAND WAILIAN GROUP

(21 March 2017, Beijing, China) Hurun Report and Wailian Group today released the Hurun Immigrant Billionaires List 2017, a ranking of the immigrant billionaires from around the world. The Hurun team of researchers extensively went through the Hurun Global Rich List 2017, pulling out all first generation immigrants, those who reside today in a country different to where they were born and/or brought up. This is the first year of the list and is a sublist of the Hurun Global Rich List 2017 series, released on 7 March. Hoogewerf said, “We believe this to be the first serious attempt to track the immigration status of the world’s billionaires.”

The Hurun Immigrant Billionaires List 2017 found 300 billionaires in 44, who migrated from 67 countries. They had an average wealth of US$3.8bn, 6% higher than the average of the Hurun Global Rich List 2017, and an average age of 65 years, one higher than the global list. 30 of the 300 are women, led by Charlene Carvalho, born in the Netherlands and living in London. The most successful self-made female billionaire is ‘Chinese Restaurant Queen’ Peggy Cherng, born in Myanmar, now living in California. 130 have listed companies, with the USA the preferred destination for listing.

Rupert Hoogewerf, Chairman and Chief Researcher of Hurun Report, said, “Immigration is polarising nations today, playing a key part in Brexit, Trump’s election and the current Dutch, French and German elections. This report is designed to give an insight into how immigrants have contributed to global wealth creation, creating new jobs and tax revenues in the countries they have immigrated to.”

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Hoogewerf said, “We are delighted to be putting this report out with Wailian Group, a leading a leading investment immigration brand from China, specializing in overseas immigration, investment, and education.”

TABLE: Top 10 Immigrant Billionaires – Hurun Global Rich List 2017

NameNet Worth US$Bn

Age Main Company Country of Residence

Country of Origin

1 Sergey Brin 36 43 Google USA Russia

2 George Soros 27 86 Soros Fund Management USA Hungary

3 Jorge Paulo Lemann 26 77 AbInbev Switzerland Brazil

4 Leonard Blavatnik 19 59 Lyondellbasell UK Ukraine

4 Galen Weston & family 19 76 George Weston Canada UK

6 Thomas Peterffy 15 72 Interactive Brokers USA Hungary

7 Elon Musk 14 45 Tesla Motors USA South Africa

7 Viktor Vekselberg 14 59 Renova Russia Ukraine

7 SP Hinduja & family 14 81 Hinduja UK British India

10 Gennady Timchenko 13 64 Gunvor Switzerland Armenia

10 Gerard Wertheimer 13 66 Chanel USA France10 Stefano Pessina 13 75 Walgreen Monaco Italy10 Joseph Safra 13 78 Safra Brazil Lebanon

Source: Hurun Research Institute 2017

Sergey Brin, 43, of Google is the richest first generation immigrant billionaire in the world with a net worth of US$36bn. He is president of Google’s parent company Alphabet, which today has a market cap of close to US$600bn. Brin was born in Moscow, but immigrated with his family to the USA to escape Jewish persecution in 1979. Brin leads five immigrant billionaire shareholders of Google, including Andy von Bechtolsheim, David Cheriton, Kavitark Ram Shriram and Omid Kordestani. Hoogewerf said, “More than any company on the planet, Google has created the most immigrant billionaires.”

George Soros, 86, of Soros Fund Management, migrated from Hungary to USA, via the UK. Soros left Hungary at the age of 17 for London. He later moved to New York, worked on Wall Street and established a hedge fund in the USA. His philanthropic organization, the Open Society Foundations, supports democracy and human rights in more than 100 countries. He has a net worth of US$27bn.

Jorge Paulo Lemann, 77, co-founder of 3G capital, an investment firm. Born in Rio de Janeiro, Lemann studied at Harvard before before migrating to Switzerland. Leman is known to be an accomplished tennis player, having won the Brazilian national championship five times and represented both Brazil and Switzerland in the Davis Cup.

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Galen Weston & family, 76, a British-Canadian businessmen and philanthropist is the executive chairman of George Weston Limited and has a fortune of US$19bn. Weston was born in the UK, and went to university in Canada, where he lives today.

Leonard Blavatnik, 59, of Lyondellbasell with a net worth of US$19bn, was raised in Russia and immigrated to the USA with his family in 1978, becoming a citizen in 1984. 

Thomas Peterffy, 72, was born in Hungary, but left his engineering studies and immigrated to the United States as a refugee in 1965.

Elon Musk, 45, of Tesla with a net worth of US$14bn, was born and brought up in South Africa, before moving to the US via Canada. At 17 years, Musk moved to Canada to study at Queen’s University and avoid mandatory service in the South African military, and three years later moved to the USA where he studied business and physics at the University of Pennsylvania.

With US$14bn, SP Hinduja today lives in London, but was born in Karachi in British India. Hinduja started out in his father’s textile business in India and made his name after the acquisition of Ashok Leyland and Gulf Oil, and the establishment of banks in Switzerland and India in the 1990s.

Viktor Vekselberg, 59, co-founder of Russia’s leading asset manager Renova was born in 1957 to a Ukrainian Jewish father and a Russian mother in Ukraine, and today lives in Moscow. Vekselberg has a net worth of US$14bn and is known to finance the restoration and construction of synagogues in Russia.

Gennady Timchenko, 64, with a net worth of US$13bn is the co-founder of Gunvar Group. Timchenko moved from Russia to Finland in 1991 and today lives in Geneva, Switzerland.

Joseph Safra, 78, with a net worth of US$13bn is the founder of Safra Group. Safra was born in Syria and bought up in Lebanon, before moving to Brazil in 1955 and starting in financing assets in Sao Paulo. Safra is a renowned philanthropist.

Preferred destinations and Where they come from

USA is the preferred destination for immigrants with 73 billionaires followed by Switzerland (42) and UK (39). Hoogewerf said, “Half the billionaires residing in Switzerland, UK, Singapore, UAE, Israel and Monaco are immigrants.”

300 billionaires migrated to 44 countries, including the Channel Islands from 67 countries.

Hoogewerf said, “It is difficult sometimes to pinpoint where billionaires live, since they are often ‘global citizens’, splitting their time between multiple residences. Tax plays an important part of the country of choice for billionaires, especially those from high tax regimes.”

TABLE: By Country – Preferred Residences

  Country of Residence No. of billionaires Immigrant billionaires as % of total no. of billionaires

1 USA 73 13%2 Switzerland 42 51%3 UK 39 48%4 Russia 20 29%

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5 UAE 13 62%6 Singapore 11 50%7 Canada 10 29%8 Australia 8 30%9 Israel 7 50%9 Monaco 7 87%Source: Hurun Research Institute 2017

TABLE: By Country – Places of Origin

Germany and India are the countries of origin for most billionaires, followed by China and the UK. Hoogewerf said, “Germany is a surpising Number One source of immigrant billionaires. High local taxes are one of the most important reasons for billionaires to immigrate from Germany, UK, Italy, Sweden and France.”

  Place of Origin No. of billionaires Preferred Destination (No: of Immigrants)

1 Germany 31 Switzerland (12)2 India 30 UAE (13)3 Greater China 24 USA (9)4 UK 16 Switzerland ( 5)5 USA 13 Australia (2), UK (2)6 Italy 11 Switzerland (5)6 Sweden 11 UK (6)8 France 10 Switzerland (4)8 Ukraine 10 Russia (6)10 South Africa 9 USA (4)Source: Hurun Research Institute 2017

TABLE: By City – Preferred Destinations

London is the immigrant billionaire capital of the world, followed by Moscow, Geneva and New York.

  City of Residence No. of billionaires1 London 352 Moscow 203 Geneva 124 New York 105 Dubai 95 San Francisco 95 Los Angeles 98 Singapore 89 Beverly Hills 79 Monte Carlo 7

Source: Hurun Research Institute 2017

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TABLE: When Immigrated?

One third immigrated as minors or for university, with two thirds immigrating as adults. Interestingly, 18% immigrated for university education, and 27% having already made their fortune.

When immigrated? % of billionaires Wealthiest billionaire (US$bn)

As a minor with family 14%Sergey Brin (36)Joseph Safra (13)Patrick Drahi (10)

University, then stayed on 18%Leonard Blavatnik (19)Elon Musk (14)Viktor Vekselberg (14)

As an adult 41% George Soros (27)Thomas Peterffy (15)Gennady Timchenko (13)

After making their fortune 27%Jorge Paulo Lemann (26)Galen Weston (19)SP Hinduja (14)

Source: Hurun Research Institute 2017

Irish entrepreneuers John Collison and Patrick Collison studied at MIT and Harvard respectively, then dropped out to found payment tech company Stripes.

Jan Koum (41), the Ukranian co-founder of Whatsapp migrated as a minor with his family to California under a Social Support Program by the US. The 19 member Whatsapp team was sold to Facebook for US$19bn.

Richard Branson (66), who made his fortune in the UK, is based in the BVI, on Necker Island, where he recently hosted Barack Obama.

Pierre Omidyar, 49, founder of eBay, was born in Paris to Iranian immigrant parents, before moving to the USA due to his father’s work, where he went to school and university.

Jerry Yang, 48, was born in Taipei, Taiwan, before immigrating to the USA aged 10 with his family. Yang co-founded Yahoo! at Stanford University, and today runs his own investment business.

With US$2.2bn, Alec Gores, 63, immigrated to the USA from Israel, obtaining a degree in computer science from Western Michigan University. Gores made his fortune through leveraged buyouts of technology firms.

Nicholas Berggruen, 55, was born in Paris to a wealthy art collector and later came to the USA to study at New York University. Berggruen started out in real estate before moving on to investments and hedge funds.

Isaac Larian, 62, has US$1.2bn. At the age of 17, Larian arrived in the USA from Iran, later graduating from the University of California, Los Angeles. Larian’s fortune comes from toymaker MGA Entertainment, which produces Little Tikes line, Bratz dolls and Lalaloopsy dolls.

TABLE: Top 10 Migrants to the USA

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USA is the preferred country to immigrate to for billionaires. 73 billionaires from the Hurun Global Rich List migrated to the USA, led by Sergey Brin.

NameNet Worth US$Bn

Age Main Company Country of Origin

1 Sergey Brin 36 43 Google Russia2 George Soros 27 86 Soros Fund Management Hungary3 Thomas Peterffy 15 72 Interactive Brokers Hungary4 Elon Musk 14 45 Tesla Motors South Africa5 Gerard Wertheimer 13 66 Chanel France6 Rupert Murdoch 12 85 News Corp Australia7 Patrick Soon-Shiong 9.4 64 Nant Works South Africa8 Jan Koum 8.4 42 WhatsApp Ukraine9 Micky Arison 7.9 67 Carnival Cruises Israel10 Shahid Khan 7.0 66 Flex N Gate Pakistan

Source: Hurun Research Institute 2017

TABLE: Top 10 Migrants to Switzerland

Half of Switzerland’s billionaires are migrant billionaires.

Name Net Worth US$Bn Age Main Company Country

of Origin1 Jorge Paulo Lemann 26 77 AbInbev Brazil2 Gennady Timchenko 13 64 Gunvor Armenia3 Klaus-Michael Kuhne 10 79 Kuehne & Nagel Germany4 Patrick Drahi 9.8 53 Altice Morocco5 Pierre Castel 9.3 90 Castel Freres France

6 Ernesto Bertarelli & family 9.1 51 Serono Italy

7 August von Finck 7.7 86 Allianz Germany8 Gianluigi Aponte 5.5 76 Mediterranean Shipping Italy9 Karl-Heinz Kipp 5.4 92 Hotel Eden Roc Germany10 Margarita Louis Dreyfus 5.1 54 Louis-Dreyfus Russia

Source: Hurun Research Institute 2017

TABLE: Top 10 Migrants to UK

UK comes in third for most immigrant billionaires. Half its billionaires are immigrant billionaires.

Name Net Worth US$Bn Age Main Company Country of

Origin1 Leonard Blavatnik 19 59 Lyondellbasell Ukraine2 SP Hinduja & family 14 81 Hinduja British India3 Lakshmi N Mittal 12 64 ArcelorMittal India3 Hans Rausing 12 90 Tetra Pak Sweden

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5 Charlene Carvalho 11 62 Heineken Netherlands5 John Fredriksen 11 72 Frontline Norway7 Mikhail Fridman 8.6 52 Alfa Ukraine8 Roman Abramovich 7.9 50 Millhouse Russia9 Simon Reuben 6.7 69 Global Switch India9 David Reuben 6.7 74 Global Switch India

Source: Hurun Research Institute 2017

TABLE: Top 10 Migrants from Germany

Switzerland is the residence of choice for billionaires originating from Germany.

NameNet Worth US$Bn

Age Main Company Country of Residence

1 Klaus-Michael Kuhne 10 79 Kuehne & Nagel Switzerland2 August von Finck 7.7 86 Allianz Switzerland

3 Stef Wertheimer & family 6.0 90 Iscar Israel

4 Karl-Heinz Kipp 5.4 92 Hotel Eden Roc Switzerland

5 Horst Paulmann & family 5.2 81 Cencosud Chile

6 Theo Muller 4.7 76 Theo Muller Switzerland7 Willi Liebherr & family 4.6 70 Liebherr Switzerland8 Andy von Bechtolsheim 4.3 61 Google USA9 Christoph Henkel 3.6 59 Henkel UK10 Traudl Engelhorn 3.5 87 Boehringer Mannheim Switzerland10 Ursula Engelhorn 3.5 - Boehringer Mannheim Switzerland

Source: Hurun Research Institute 2017

TABLE: Top 10 Migrants from India

30 billionaires on the Hurun Global Rich List came from India and now live in different countries with the UAE and UK the preferred residences. Lakshmi Mittal left India aged 26 to set up a steel plant in Indonesia, before moving to the UK. The Reuben brothers were born in Mumbai, before migrating to Iraq and today live in the UK. MA Yusuff Ali was born in Kerala, India, before moving to Abu Dhabi. Micky Jagtiani was born in India, immigrated first to London before settling in the UAE.

NameNet Worth US$Bn

Age Main Company Country of Residence

1 Lakshmi N Mittal 12 64 ArcelorMittal UK2 Simon Reuben 6.7 69 Global Switch UK2 David Reuben 6.7 74 Global Switch UK4 MA Yusuff Ali 6.2 61 Emke UAE5 Micky Jagtiani 4.6 64 Landmark UAE6 Anil Agarwal 3.2 61 Vedanta Resource UK

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7 Romesh T Wadhwani 2.8 69 Symphony Technology USA8 Feroz Allana 2.7 - IFFCO UAE9 Ravi Pillai 2.2 64 RP UAE10 Prakash Lohia 2.1 63 Indorama Venture UK

Source: Hurun Research Institute 2017

TABLE: Top 10 Migrants from Greater China

24 immigrant billionaires immigrated from Greater China, of which 3 were from Chinese Taipei. 11 Chinese immigrant billionaires left China prior to the 1949 Revolution, 8 prior to the Open Door Policy of the early eighties, 2 prior to 2000 and only 3 since 2000. The preferred destination was the USA for 9, followed by Singapore and Philippines with 5 each.

Hoogewerf said, “Despite much talk in China about the popularity of immigration amongst the business elite, surprisingly few have immigrated in the past twenty years. In fact, only three Chinese billionaires have taken up residence overseas in the past twenty years.”

NameNet Worth US$Bn

Age Main Company

Country of Residence

1 Henry Sy & family 9.7 92 Sm Prime Holding Philippines2 Eka Tjipta Widjaja & family 7.0 94 Sinar Mas Indonesia3 Harry Triguboff 6.5 83 Mir Investments Australia4 Wee Cho Yaw 6.3 88 United Overseas Bank Singapore5 John Gokongwei Jr 6.1 90 JG Summit Holding Philippines6 David Sun 4.7 65 Kingston Technology USA6 John Tu 4.7 76 Kingston Technology USA

8 Andrew & Peggy Cherng 4.4 69, 69 Panda Express USA

9 Roger Wang Hung 3.6 69 Golden Eagle USA

10 Chen Tianqiao & Luo Qianqian 3.5 44 Shanda Singapore

Source: Hurun Research Institute 2017

TABLE: Youngest Billionaire Immigrants

19 immigrant billionaires are under 45 years, of which 80% are self-made. The youngest is 27-year old John Collison of Ireland, who moved to the USA to set up Stripes with his brother Patrick. Others include Eduardo Saverin of Facebook, who now lives in Singapore, Uber co-founder Garret Camp from Canada, WhatsApp founder Jan Koum from Ukraine,

Age NameNet Worth US$Bn

Main Company Country of Residence

Country of Origin

27 John Collison 1.3 Stripes USA Ireland28 Patrick Collison 1.3 Stripes USA Ireland33 Tatiana Casiraghi 2.0 SABMiller Monaco USA34 Eduardo Saverin 7.5 Facebook Singapore Brazil

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34 Fahd Hariri 1.7 Turk Telekomunikasyon France Saudi

Arabia35 Divyank Turakhia 1.5 Directi UAE India37 Mike Cannon-Brookes 2.1 Atlassian Australia USA37 Markus Persson 1.7 Minecraft USA Sweden38 Garrett Camp 6.0 Uber Technologies USA Canada40 Shamsheer Vayalil 1.8 VPS Healthcare UAE India41 Karl-Johan Persson 1.5 H&M Sweden UK42 Jan Koum 8.4 WhatsApp USA Ukraine43 Sergey Brin 36 Google USA Russia43 Mark Scheinberg 4.0 PokerStars Isle of Man Canada43 Isabel Dos Santos 2.2 Unitel Angola Azerbaijan44 Andrey Melnichenko 7.4 Suek Russia Belarus

44 Chen Tianqiao & Luo Qianqian 3.5 Shanda Singapore China

44 God Nisanov 3.0 Radisson Royal Ukraine Hotel Russia Azerbaijan

44 Hamdi Ulukaya 2.0 Chobani USA TurkeySource: Hurun Research Institute 2017

Table: Billionaires who immigrated after making their fortune

27% of the immigrant billionaires left their countries of origin having made their fortune. Hoogewerf said, “It is often hard to determine the country the billionaires actually live in, because for some the country of residence is for tax convenience and not necessary where the family is based, and for others they split their time between several countries, where they have residences.

  Name Net Worth (US$bn)

Age

Main Company Country of Residence

Country of Origin

1 Galen Weston & family 19 76 George Weston Canada UK

2 SP Hinduja & family 14 81 Hinduja Group India UK

3 Stefano Pessina 13 75 Walgreen Monaco Italy

4 Rupert Murdoch 12 85 News Corp USA Australia

4 Hans Rausing 12 90 Tetra Pak UK Sweden

6 John Fredriksen 11 72 Frontline UK Norway

6 Charlene Carvalho 11 62 Heineken UK Netherlands

8 Blair Parry-Okeden 10 66 Cox Enterprise Australia USA

8 Klaus-Michael Kuhne 10 79 Kuehne & Nagel Switzerland Germany

10

Roman Abramovich 8 50 Millhouse UK Russia

Source: Hurun Research Institute 2017

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TABLE: Top 10 Billionaires born and residing in same city

Bill Gates and Warren Buffett lead the path for entrepreneurs who live in the same place they came from.

Hoogewerf says, “We estimate 40% of billionaires live in the same city they come from. Interestingly, 60% of Chinese billionaires live in the city they were born in, led by Jack Ma of Alibaba, who was born and lives in Hangzhou, China.”

Name Net Worth (US$Bn) Age Main Company City

1 Bill Gates 81 61 Microsoft Medina

2 Warren Buffett 78 86 Berkshire Hathaway Omaha

3 Carlos Slim Helu & family 46 76 America Movil Mexico City

4 Charles Koch 43 81 Koch Industries Wichita

5 Liliane Bettencourt 37 94 L'Oreal Paris

6 Ingvar Kamprad 34 90 Ikea Almhult

7 Bertrand Puech 29 80 Hermes Paris

7 Jack Ma 29 52 Alibaba Hangzhou

9 Stefan Persson 20 69 Hennes & Mauritz Stockholm

10 Susanne Klatten 20 54 BMW Bad Homburg

Source: Hurun Research Institute 2017

About Wailian Group

Wailian Group is a leading investment immigration brand headquartered in Shanghai, China, specializing in overseas immigration, investment, and education. Walian has won numerous awards and accolades, including “most influential immigration brand”, “most reliable immigration brand”.

Wailian Group has 20 branch offices in Shanghai, Beijing, Guangzhou, Shenzhen, Qingdao, Suzhou, Wuxi, Hangzhou, Chengdu, Chongqing, Harbin, Shenyang, New York, Los Angeles, San Francisco, Vancouver, Sydney, Singapore, Hong Kong, Madrid.

About Hurun Report Inc.

Nobody Knows China’s Rich Better!

Established as a research unit in 1999 by British accountant Rupert Hoogewerf, Hurun Report Inc. has grown into a leading media and research house based in Shanghai, China, best-known for its rankings of the richest people in China, India and the rest of the world.

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Hurun Report Inc. has four divisions: Hurun Report Media, a stable of digital media and four magazines; Hurun Research Institute; Hurun Conferences, an active events division targeting entrepreneurs and high net worth individuals; and Hurun Investments, a US$20m early stage venture capital fund with investments into tech, media, retail and education. 

For further information, see www.hurun.net

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Hurun Immigrant Billionaires List 2017, proudly presented by Wailian Group

For the full list, see www.hurun.net

NameNet Worth US$Bn

Age Main Company Country of

ResidenceCountry of Origin

1 Sergey Brin 36 43 Google USA Russia

2 George Soros 27 86 Soros Fund Management USA Hungary

3 Jorge Paulo Lemann 26 77 AbInbev Switzerland Brazil4 Leonard Blavatnik 19 59 Lyondellbasell UK Ukraine

4 Galen Weston & family 19 76 George Weston Canada UK

6 Thomas Peterffy 15 72 Interactive Brokers USA Hungary

7 Elon Musk 14 45 Tesla Motors USA South Africa

7 Viktor Vekselberg 14 59 Renova Russia Ukraine

7 SP Hinduja & family 14 81 Hinduja UK British India

10 Gennady Timchenko 13 64 Gunvor Switzerland Armenia10 Gerard Wertheimer 13 66 Chanel USA France10 Stefano Pessina 13 75 Walgreen Monaco Italy10 Joseph Safra 13 78 Safra Brazil Lebanon14 Lakshmi N Mittal 12 64 ArcelorMittal UK India14 Rupert Murdoch 12 85 News Corp USA Australia14 Hans Rausing 12 90 Tetra Pak UK Sweden

17 Charlene Carvalho 11 62 Heineken UK Netherlands

17 Vagit Alekperov 11 66 Lukoil Russia Azerbaijan17 John Fredriksen 11 72 Frontline UK Norway17 Michael Otto & family 11 73 Otto Germany Poland21 Blair Parry-Okeden 10 66 Cox Enterprise Australia USA21 Klaus-Michael Kuhne 10 79 Kuehne & Nagel Switzerland Germany23 Patrick Drahi 9.8 53 Altice Switzerland Morocco24 Henry Sy & family 9.7 92 Sm Prime Holding Philippines China

25 Patrick Soon-Shiong 9.4 64 Nant Works USA South Africa

26 Pierre Castel 9.3 90 Castel Freres Switzerland France

27 Ernesto Bertarelli & family 9.1 51 Serono Switzerland Italy

28 Mikhail Fridman 8.6 52 Alfa UK Ukraine29 Jan Koum 8.4 42 WhatsApp USA Ukraine

30 Mohammed Al Amoudi 8.1 70 Corral Petroleum Saudi

Arabia Ethiopia

31 Roman Abramovich 7.9 50 Millhouse UK Russia31 Micky Arison 7.9 67 Carnival Cruises USA Israel33 August von Finck 7.7 86 Allianz Switzerland Germany

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34 Eduardo Saverin 7.5 34 Facebook Singapore Brazil34 Alisher Usmanov 7.5 63 Megafon Russia Uzbekistan36 Andrey Melnichenko 7.4 44 Suek Russia Belarus37 Shahid Khan 7.0 66 Flex N Gate USA Pakistan

37 Eka Tjipta Widjaja & family 7.0 94 Sinar Mas Indonesia China

39 Pierre Omidyar 6.9 49 Ebay USA France40 Simon Reuben 6.7 69 Global Switch UK India40 David Reuben 6.7 74 Global Switch UK India

42 Eyal Ofer 6.6 66 Royal Carribean Cruises Monaco Israel

43 Harry Triguboff 6.5 83 Mir Investments Australia China43 Ingrid Flick & family 6.5 50 Daimler USA Austria

45 Nathan Kirsh 6.4 85 Jetro UK South Africa

46 Carrie Perrodo & family 6.3 66 Perenco UK Singapore

46 Wee Cho Yaw 6.3 88 United Overseas Bank Singapore China

48 MA Yusuff Ali 6.2 61 Emke UAE India49 John Gokongwei Jr 6.1 90 JG Summit Holding Philippines China

49 Hansjorg Wyss 6.1 81 Synthes USA Switzerland

51 Garrett Camp 6.0 38 Uber Technologies USA Canada

51 Stef Wertheimer & family 6.0 90 Iscar Israel Germany

53 Iskander Makhmudov 5.9 53 Urals Mining Russia Uzbekistan54 German Khan 5.6 55 Alfa Russia Ukraine

54 Antonia Ax:son Johnson & family 5.6 73 Axel Johnson Sweden USA

56 Gianluigi Aponte 5.5 76 Mediterranean Shipping Switzerland Italy

57 Karl-Heinz Kipp 5.4 92 Hotel Eden Roc Switzerland Germany58 Jorn Rausing 5.3 57 Tetra Pak UK Sweden58 Lino Saputo 5.3 80 Saputo Canada Italy60 Quek Leng Chan 5.2 75 Hong Leong Bank Malaysia Singapore

60 Horst Paulmann & family 5.2 81 Cencosud Chile Germany

62 Margarita Louis Dreyfus 5.1 54 Louis-Dreyfus Switzerland Russia

62 Finn Rausing 5.1 62 Tetra Pak UK Sweden62 Kirsten Rausing 5.1 64 Tetra Pak UK Sweden

62 Richard Branson 5.1 66 VirginBritish Virgin Islands

UK

66 Frederik Paulson 5.0 66 Ferring Pharmaceuticals Switzerland Sweden

67 Chung Mong-Koo 4.9 78 Hyundai South Korea

North Korea

68 Ivan Glasenberg 4.8 58 Glencore Switzerland South

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International Africa

68 Gianfelice Mario Rocca 4.8 67 Techint Argentina Italy

68 Paolo Mario Rocca 4.8 67 Techint Peru Italy

68 Hoang Kieu 4.8 72 RAAS Blood Products USA Vietnam

72 Theo Muller 4.7 76 Theo Muller Switzerland Germany72 Teh Hong Piow 4.7 86 Public Bank Malaysia Singapore

72 David Sun 4.7 65 Kingston Technology USA China

72 John Tu 4.7 76 Kingston Technology USA China

76 Micky Jagtiani 4.6 64 Landmark UAE India

76 Isolde Liebherr & family 4.6 67 Liebherr Switzerland Bavaria

76 Willi Liebherr & family 4.6 70 Liebherr Switzerland Germany79 Victor Gradin & family 4.5 84 Odebrecht Brazil USA

80 Han Chang-Woo & family 4.4 85 Maruhan Japan South

Korea

80 Andrew & Peggy Cherng 4.4 69,

69 Panda Express USA China

82 Andy von Bechtolsheim 4.3 61 Google USA Germany

83 Shari Arison 4.2 59 Carnival Cruises Israel USA

83 Naomi Azrieli & family 4.2 - Azrieli Canada Poland

85 Arnon Milchan 4.1 72 New Regency Movies Israel Palestine

85 Jeronimo Arango & family 4.1 91 Cifra USA Mexico

87 Mark Scheinberg 4.0 43 PokerStars Isle of Man Canada87 Leonid Fedun 4.0 60 Lukoil Russia Ukraine87 David Cheriton 4.0 65 Google USA Canada

87 Maria Elisabeth Schaeffler & family 4.0 75 Schaeffler Germany Czech

Republic91 Christoph Henkel 3.6 59 Henkel UK Germany91 Isak Andic & family 3.6 63 Mango Spain Turkey91 Roger Wang Hung 3.6 69 Golden Eagle USA China

94 Chen Tianqiao & Luo Qianqian 3.5 44 Shanda Singapore China

94 Traudl Engelhorn 3.5 87 Boehringer Mannheim Switzerland Germany

94 Ursula Engelhorn 3.5 - Boehringer Mannheim Switzerland Germany

97 Jin Sook & Do Won Chang 3.4 62 Forever 21 USA South

Korea97 John Catsimatidis 3.4 68 Red Apple USA Greece97 Igor Olenicoff 3.4 74 Olen Properties USA Russia100 Jeffrey Skoll 3.3 52 Ebay USA Canada

10 Helmut Sohmen & 3.3 76 BW China Austria

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0 family102

Matthias Reimann Andersen 3.2 51 Reckitt Benckiser Austria Germany

102

Stefan Reimann Andersen 3.2 53 Reckitt Benckiser Austria Germany

102 Anil Agarwal 3.2 61 Vedanta Resource UK India

102 Wolfgang Reimann 3.2 64 Reckitt Benckiser Austria Germany

102

Renate Reimann Haas 3.2 65 Reckitt Benckiser Austria Germany

102 Issac Perlmutter 3.2 74 Marvel

Entertainment USA Palestine

108 Hans Peter Wild 3.1 75 Rudolf Wild GmbH

& Co. KG Switzerland Germany

108 Bernd Baus & family 3.1 - Bauhaus Monaco Germany

110 God Nisanov 3.0 44 Radisson Royal

Ukraine Hotel Russia Azerbaijan

110 Michael Platt 3.0 48 BlueCrest Capital

Management Switzerland UK

110 Zarakh Iliev 3.0 50 Radisson Royal

Ukraine Hotel Russia Azerbaijan

110 Bertil Hult 3.0 75 Ef Education First Switzerland Sweden

114 Jorge Perez 2.9 67 The Related

Company USA Argentina

114 Laurence Graff 2.9 77 Graff Diamonds Switzerland UK

116 Peter Thiel 2.8 49 Clarium Capital USA Germany

116 Michael Moritz 2.8 62 Sequoia Capital USA UK

116 Torbjorn Tornquist 2.8 63 Gunvor Switzerland Sweden

116 Romesh T Wadhwani 2.8 69 Symphony

Technology USA India

116 Nicolas Puech 2.8 72 Hermes Switzerland France

116 David Barclay 2.8 83 Shop Direct Island of

Brecquou UK

116 Frederick Barclay 2.8 83 Shop Direct Island of

Brecquou UK

116 Augusto Perfetti 2.8 - Perfetti Van Melle Switzerland Italy

116 Giorgio Perfetti 2.8 - Perfetti Van Melle Switzerland Italy

125 Clive Calder 2.7 69 Record Label Cayman

IslandsSouth Africa

125 Steven Udvar 2.7 70 Air Lease USA Hungary

125

Dagmar Dolby & family 2.7 75 Dolby Laboratories USA Germany

12 Feroz Allana 2.7 - IFFCO UAE India

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5129 Mortimer Zuckerman 2.6 79 Boston Properties USA Canada

129 Min Kao & family 2.6 68 Garmin USA Chinese

Taipei131 John Whittaker 2.5 74 The Peel Isle of Man UK

131 Alwin Lehner & family 2.5 - Alpla Austria Germany

131

Helmut Lehner & family 2.5 - Alpla Austria Germany

134 John Reece 2.4 59 Ineos Switzerland UK

134 Andrew Currie 2.4 59 Ineos Switzerland UK

134 Joe Lewis 2.4 79 Tavistock Bahamas UK

137 Andrew Tan 2.3 64 Alliance Global Philippines China

137 Richard Chandler 2.3 58 Richard Chandler Singapore New

Zealand137

Arthur Demoulas & family 2.3 61 Market Basket USA Greece

137 Vyacheslav Kantor 2.3 62 Acron UK Russia

141 Sam Goi 2.2 68 Tee Yih Jia Singapore China

141 Isabel Dos Santos 2.2 43 Unitel Angola Azerbaijan

141

Alexander Ponomarenko 2.2 52

Novorossiysk Commercial Sea Port

Russia Ukraine

141 Alec Gores 2.2 63 Gores USA Israel

141 Ravi Pillai 2.2 64 RP UAE India

141 Hilton H. Schlosberg 2.2 64 Monster Beverage

Co. USA South Africa

141 Zygi Wilf 2.2 66 Garden Homes USA Germany

141 Reinold Geiger 2.2 68 L'Occitane Switzerland Austria

141

Jacques Saade & family 2.2 79 CMA-CGM France Lebanon

141 Frank Lowy & family 2.2 86 Westfield Australia Slovakia

151

Mike Cannon-Brookes 2.1 37 Atlassian Australia USA

151

Alexander Skorobogatko 2.1 49

Novorossiysk Commercial Sea Port

Russia Ukraine

151 Marius Nacht 2.1 51

Check Point Software Technologies

Israel Romania

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151 Marc Lasry 2.1 56 Avenue Capital USA Morocco

151 Prakash Lohia 2.1 63 Indorama Venture UK India

151 Rodney Sacks 2.1 67 Monster Beverage USA South

Africa151 C Dean Metropoulos 2.1 70 Metropoulos USA Greece

151 Pearse Lyons 2.1 72 Alltech USA Ireland

151

Philippe Foriel-Destezet 2.1 79 Adecco UK France

151 Bob Gaglardi 2.1 - Northland Properties Canada Italy

161 Krit Ratanarak 2.0 70 Bank Of Ayudhya Thailand China

161 Tatiana Casiraghi 2.0 33 SABMiller Monaco USA

161 Hamdi Ulukaya 2.0 44 Chobani USA Turkey

161 Georg Von Opel 2.0 49 Athris Switzerland Germany

161 Henri Beaufour 2.0 50 Ipsen UK France

161 Anne Beaufour 2.0 52 Ipsen Switzerland France

161 Sunil Vaswani 2.0 53 Stallion UAE India

161 Lawrence Stroll 2.0 57 Michael Kors Switzerland Canada

161

Kavitark Ram Shriram 2.0 60 Google USA India

161 Rakesh Gangwal 2.0 63 Interglobe

Enterprise USA India

161 Helena Revoredo 2.0 70 Prosegur Spain Argentina

161 John Dorrance III 2.0 72 Campbell Soup Ireland USA

173

Tony Tan Caktiong & family 1.9 64 Jollibee Foods Philippines China

173 Lucio Tan & family 1.9 80 Philip Morris Philippines China

173 Zhong Shengjian 1.9 59 Yanlord Singapore China

173 Tom Gores 1.9 52 Platinum Equity USA Israel

173 Nicolas Berggruen 1.9 55 Berggruen USA France

173 Christoph Zeller 1.9 58 Ivoclar Vivadent Liechtenstei

n Germany

173

Raj Kumar & Kishin RK 1.9 62 RB Capital Singapore India

173 Manoj Bhargava 1.9 63 5 Hour Energy USA India

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173 Otto Happel 1.9 67 Gea Switzerland Germany

173 Martisa Lazari 1.9 72 Lazari Investments UK Cyprus

173 Anwar Pervaiz 1.9 80 Bestway UK Pakistan

173 Ralph Sonnenberg 1.9 82 Hunter Dougles Switzerland Netherland

s185 Shamsheer Vayalil 1.8 40 VPS Healthcare UAE India

185 Alfred Oetker 1.8 46 Dr Oetker Germany Canada

185 Amy Wyss 1.8 46 Synthes USA Switzerlan

d185 Bahaa Hariri 1.8 49 Horizon Switzerland Lebanon

185 Vladimir Iorich 1.8 57 Pala Investment Switzerland Russia

185 Sukanto Tanoto 1.8 67 Sateri Singapore Indonesia

185

David Nahmad & family 1.8 68 - USA Lebanon

185 Mahdi al-Tajir 1.8 75 Highland Spring UK Bahrain

193 Fahd Hariri 1.7 34 Turk

Telekomunikasyon France Saudi Arabia

193 Markus Persson 1.7 37 Minecraft USA Sweden

193 Noam Gottesman 1.7 55 Toms Capital USA Israel

193 Thomas Meyer  1.7 57 Desigual Spain Switzerlan

d193 Mikhail Gutseriev 1.7 58 Oao Russneft Russia Kazakhsta

n193 Aloke Lohia 1.7 58 Indorama Ventures Thailand India

193 Farhad Akhmedov 1.7 61 Northgas Russia Azerbaijan

193 Yitzhak Tshuva 1.7 68 Delek Israel Libya

193 PNC Menon 1.7 68 PNC Investments Oman India

193 Anna Murdoch 1.7 72 News Corp USA UK

193 Valentin Gapontsev 1.7 77 Ipg Photonics USA Russia

193 Aldo Bensadoun 1.7 78 Aldo Shoes Canada Morocco

193 Mohamed Al Fayed 1.7 87 Ritz Paris UK Egypt

193 David & Vicky Teoh 1.7 - TPG Telecom Australia Malaysia

193 Dai Weili 1.7 56 Marvell USA China

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208 Martua Sitorus 1.6 56 Wilmar International Singapore Indonesia

208 Sol & Eddie Zakay 1.6 66 Topland UK Israel

208

Roberto Angelini Rossi 1.6 68 Antarchille Chile Italy

208 William Heinecke 1.6 68 Minor International Thailand USA

208 Spiro Latsis & family 1.6 69 Hellenic Petroleum Switzerland Greece

208 BR Shetty 1.6 74 NMC Healthcare UAE India

214 Divyank Turakhia 1.5 35 Directi UAE India

214 Karl-Johan Persson 1.5 41 H&M Sweden UK

214 Alan Howard 1.5 52 Brevan Howard

Asset Management Switzerland UK

214

Nicola Leibinger-Kammueller 1.5 57 Trumpf Germany USA

214 Juan Carlos Escotet 1.5 57 Banesco Venezuela Spain

214 Slavica Ecclestone 1.5 58 Formula One UK Croatia

214 Sunny Varkey 1.5 59 Gems Education UAE India

214 Vinod Khosla 1.5 62 Khosla Ventures USA India

214 Ron Burkle 1.5 63 Barnes & Noble UK USA

214 Ezra Nahmad 1.5 70 - Monaco Lebanon

214 Maurice Alter 1.5 91 Pacific Shopping

Centres Australia Poland

225 Arkady Volozh 1.4 52 Yandex Russia Kazakhsta

n225 Zelimkhan Mutsoev 1.4 57 Regions Russia Georgia

225 Aras Agalarov 1.4 61 Crocus Russia Azerbaijan

225

Jose & Francisco Jose Calderon Rojas 1.4 62 FEMSA Mexico Spain

225 Bharat Desai & family 1.4 64 Syntel USA Kenya

225 Charles Simonyi 1.4 68 Microsoft USA Hungary

225 Horst Julius Pudwill 1.4 71 TTI China Germany

225

Monique Roosmale Nepveu 1.4 71 Louis Dreyfus France USA

225 John Kapoor 1.4 73 Insys Therapeutics USA India

225 Peter Nygard 1.4 73 Nygard International Bahamas Finland

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225 Remo Ruffini 1.4 75 Moncler Italy France

225 Karl Scheufele 1.4 - Chopard Switzerland Germany

237 John Collison 1.3 27 Stripes USA Ireland

237 Patrick Collison 1.3 28 Stripes USA Ireland

237 Saad Hariri 1.3 46 Saudi Oger Lebanon Saudi

Arabia237 Mathias Kamprad 1.3 47 Ikea UK Sweden

237 Jonas Kamprad 1.3 50 Ikea UK Sweden

237 Samvel Karapetyan 1.3 51 Tashir Russia Armenia

237 Peter Kamprad 1.3 52 Ikea Belgium Sweden

237 Omid Kordestani 1.3 53 Google USA Iran

237 Andreas Halvorsen 1.3 55 Viking Global

Investors USA Norway

237

Alexander Machkevitch 1.3 62 Eurasian Natural

Resources Kazakhstan Kyrgyzstan

237 Alijan Ibragimov 1.3 62 Eurasian Natural

Resources Kazakhstan Uzbekistan

237 Patokh Chodiev 1.3 64 Eurasian Natural

Resources Kazakhstan Uzbekistan

237 Kerr Neilson & family 1.3 67 Platinum Asset

Management Australia South Africa

237 Tony Jashanmal 1.3 67 Jashanmal UAE India

237 Mohed Altrad 1.3 68 Groupe Altrad France Syria

237 Terry Mathews 1.3 73 Mitel Networks Canada UK

237 Zadik Bino 1.3 73 Paz Oil Israel Iraq

237 Fayez Sarofim 1.3 88 Kinder Morgan USA Egypt

237 Stephen Jarislowsky 1.3 91 Jarislowsky Fraser Canada Germany

237 Fred Mouawad 1.3 - Mouawad Bahrain Lebanon

257 Stelios Haji-Ioannou 1.2 49 EasyJets  Monaco Greece

257

Konstantin Grigorishin 1.2 51 Energy Standard Russia Ukraine

257 Elena Baturina 1.2 52 Inteko UK Russia

257 Andrei Kosogov 1.2 55 Vimpelcom Russia Estonia

257 Farhad Moshiri 1.2 60 USM Monaco Iran

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257 Rolf Gerling 1.2 61 Rolf Gerling Switzerland Germany

257 Shin Dong Bin 1.2 61 Lotte Shopping South

Korea Japan

257 Isaac Larian 1.2 62 MGA Entertainment USA Iran

257 Paul Salteri 1.2 69 Tenix Australia Canada

257 Kuldip R Sahi 1.2 70 Morguard Canada India

257 Haim Saban 1.2 72 Media Nusantara

Citra USA Egypt

257 Lily Safra 1.2 77 Safra Bank UK Brazil

257 Bruno Steinhoff 1.2 79 Steinhoff

internationalSouth Africa Germany

257 Frank Stronach 1.2 84 Magna International Canada Austria

257 Jerry Yang 1.2 48 Yahoo USA Chinese

Taipei272 Ayman Asfari 1.1 56 Petrofac UK Syria

272 Peter Spuhler 1.1 57 Stadler Rail Switzerland Spain

272 Lev Leviev 1.1 60 Catoca Diamond

Mine UK Uzbekistan

272

Andrea Reimann-Ciardelli 1.1 60 Coty USA Germany

272

Asok Kumar Hiranandani 1.1 62 Royal Group

Holdings Singapore India

272 Alexander Rovt 1.1 64 IBE Trade USA Ukraine

272 Vasily Anisimov 1.1 65 Metalloinvest Russia Kazakhsta

n272 Prem Watsa 1.1 66 Fairfax Canada India

272 Edwin Soeryadjaya 1.1 67 Adaro Energy Indonesia USA

272 Nasser Khalili 1.1 70 - UK Iran

272 Nadhmi Auchi 1.1 77 General

Mediterranean UK Iraq

272

Benjamin de Rothschild & family 1.1 - Edmond De

Rothschild Switzerland France

272 Duan Yongping 1.1 56 BBK USA China

272 Chen Tei-Fu 1.1 - Sunrider USA Chinese

Taipei286

Robert Tsao Hsing-Cheng 1 70 - Singapore China

286 Montri Jiaravanont 1 85 Charoen Pokphand  Thailand China

286 Jaran Chiaravanont 1 86 Charoen Pokphand  Thailand China

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286 Dona Bertarelli 1 49 Serono Switzerland Italy

286 Henry Engelhardt 1 59 Admiral UK USA

286

Vidya Chhabria & family 1 60 Jumbo UAE India

286 Azad Moopen 1 63 DM Healthcare UAE India

286 Surin Upatkoon 1 67 InTouch Malaysia Thailand

286 Raghuvinder Kataria 1 67 Kataria UAE India

286 Mohammed Ibrahim 1 69 Celtel UK Sudan

286 Howard Marks 1 70 Oaktree Capital USA UK

286 Antonio Luiz Seabra 1 73 Natura Cosmetic UK Brazil

286

Vito Rodriguez Rodriguez 1 78 Gloria Peru Mexico

286 Morris Kahn 1 87 Amdocs  Israel South

Africa286

Robert Fayaz Mouwad 1 - Mouawad Bahrain Lebanon

Source: Hurun Research Institute 2017

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