Oxfam list of the 62 richest who own as much as the 50% poorest

Oxfam list of 62 richest who together own as much as the poorest 50%.

Together these 62 are worth US$ 1,762 billion. This represents 0.7% of the world’s total US$ 250 trillion wealth – estimate by Credit Suisse.

The driving forces behind these enormous fortunes are typically, brands that have gone global like Mars, Zara or Nutella, technology business that benefit from network effects that give them a natural advantage over competitors, for example Microsoft, Facebook and Google, or the buying and selling of assets, sometimes kick started with inheritance or a fortunate deal.

1. Bill Gates  – US – Microsoft
2. Carlos Slim Helu – Mexican – Investor
3. Warren Buffett – US – Investor
4. Amancio Ortega – Spain – Zara – clothing
5. Larry Ellison - US - Oracle
6. Charles Koch – US – Investor
7. David Koch – US – Investor
8. Christy Walton – US - Wal-mart
9. Jim Walton – US - Wal-mart
10. Liliane Bettencourt – France – L’Oreal
11. Alice Walton – US - Wal-mart
12. S. Robson Walton – US - Wal-mart
13. Bernard Arnault – France - Investor
14. Michael Bloomberg – US – Media
15. Jeff Bezos – US - Amazon
16. Mark Zuckerberg – US – Facebook
17. Li Ka-shing - HK – Real estate
18. Sheldon Adelson - US – Real estate
19. Larry Page – US – Google
20. Sergey Brin – US – Google
21. Georg Schaeffler – German – Investor
22. Forrest Mars, Jr. – US - Mars confectionary
23. Jacqueline Mars – US - Mars confectionary
24. John Mars – US - Mars confectionary
25. David Thomson – Canada – Media
26. Jorge Paulo Lemann – Brazil / Switzerland – Investor
27. Lee Shau Kee – HK – Real estate
28. Stefan Persson - Sweden - H&M
29. George Soros – Hungary / US – Investor
30. Wang Jianlin - China – Property
31. Carl Icahn - US – Investor
32. Maria Franca Fissolo - Italy - Nutella
33. Jack Ma – China – Internet – Alibaba
34. Prince Alwaleed Bin Talal Alsaud - Saudi Prince and Investor
35. Phil Knight - US – Nike
36. Steve Ballmer – US – Microsoft
37. Beate Heister & Karl Albrecht Jr. - Germany  – Aldi
38. Li Hejun – China – Tech / Energy
39. Mukesh Ambani - India – Investor
40. Leonardo Del Vecchio - Italy - Sun glasses hut
41. Len Blavatnik- UK / US / Ukraine – Investor
42. Tadashi Yanai - Japan - Uniqlo clothing
43. Charles Ergen - US – Media
44. Dilip Shanghvi - India – Pharma
45. Laurene Powell Jobs - US – Apple
46. Dieter Schwarz - Germany – Lidl
47. Michael Dell – US – Dell
48. Azim Premji - India – Tech
49. Theo Albrecht, Jr. - Germany – Aldi
50. Michael Otto - Germany – Internet retail
51. Paul Allen - US – Microsoft
52. Joseph Safra - Brazil – Investor / Banking
53. Anne Cox Chambers - US – Media
54. Susanne Klatten  - Germany – Investor
55. Pallonji Mistry - India / Ireland - Real estate
56. Ma Huateng - China – Internet (Tencent)
57. Patrick Drahi - French / Israeli / Morocco – Media
58. Thomas & Raymond Kwok - HK - Real estate
59. Stefan Quandt  - German – Investor
60. Ray Dalio - US – Investor
61. Vladimir Potanin - Russia – Investor
62. Robin Li - China – Internet (Baidu)

Source: Oxfam and Forbes.

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