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2020 Forbes


World’s Billionaires List

The Richest
in 2020

The richest people on Earth are not immune to the coronavirus. As the pandemic tightened its grip on Europe and America, global equity markets imploded, tanking many fortunes. As of March 18, when we finalized this list, Forbes counted 2,095 billionaires, 58 fewer than a year ago and 226 fewer than just 12 days earlier, when we initially calculated these net worths. Of the billionaires who remain, 51% are poorer than they were last year. In raw terms, the world’s billionaires are worth $8 trillion, down $700 billion from 2019.

Jeff Bezos is the world’s wealthiest person for the third year in a row, despite giving $36 billion worth of his Amazon stock to his ex-wife MacKenzie Bezos as part of their divorce settlement last summer. He’s worth $113 billion, buoyed by a 15% rise in Amazon’s shares since our 2019 list. The e-commerce giant he runs has been in the spotlight amid the pandemic; it’s hiring 100,000 full- and part-time workers to help meet increased demand from consumers staying home and shopping online.

Bill Gates keeps his spot as number two richest, followed by luxury goods tycoon Bernard Arnault, who nudged out Warren Buffett to move into the number three spot for the first time. Alice Walton, an heir to the Walmart fortune, is the richest woman, ranked No.9 at $54.4 billion. Altogether 241 women made the list, including 7 who share a fortune with a spouse, sibling or child.

The biggest gainer in dollar terms is Qin Yinglin, the world’s richest pig breeder. He’s ranked No. 43 and is worth $18.5 billion--a $14.2 billion jump since the 2019 list, after shares of his Shenzhen-listed Muyuan Foods nearly tripled as the African swine flu reduced the supply of pigs and drove up prices.

Altogether, 267 people who made last year’s list have dropped off as businesses faltered; among the most notable drop-offs is Adam Neumann of WeWork. Another 21 people died. Still, Forbes found 178 newcomers hailing from 20 countries, including some, like Zoom Video Communications’ founder and CEO Eric Yuan, whose service is booming amid our current shelter-in-place reality. The U.S. remains the country with the most billionaires, with 614, followed by greater China (including Hong Kong and Macao), with 456.

For daily updated net worths of all 2,095 billionaires, go to forbes.com/real-time-billionaires

Mapping The World’s Richest

Data as of 3/18/2020; countries include autonomous territories.




The Complete List
See all 2,095 Billionaires in 2020
Filter list by:
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Oldest
Youngest
Women
Country/Territory

Industries
Rank
Name

Net Worth
Age
Country/Territory
Source
Industries
1
Jeff Bezos
$113 B
56
United States
Amazon
Technology
2
Bill Gates
$98 B
64
United States
Microsoft
Technology
3
Bernard Arnault & family
$76 B
71
France
LVMH
Fashion & Retail
4
Warren Buffett
$67.5 B
89
United States
Berkshire Hathaway
Finance & Investments
5
Larry Ellison
$59 B
75
United States
software
Technology
6
Amancio Ortega
$55.1 B
84
Spain
Zara
Fashion & Retail
7
Mark Zuckerberg
$54.7 B
35
United States
Facebook
Technology
8
Jim Walton
$54.6 B
71
United States
Walmart
Fashion & Retail
9
Alice Walton
$54.4 B
70
United States
Walmart
Fashion & Retail
10
Rob Walton
$54.1 B
75
United States
Walmart
Fashion & Retail
11
Steve Ballmer
$52.7 B
64
United States
Microsoft
Technology
12
Carlos Slim Helu & family
$52.1 B
80
Mexico
telecom
Telecom
13
Larry Page
$50.9 B
47
United States
Google
Technology
14
Sergey Brin
$49.1 B
46
United States
Google
Technology
15
Francoise Bettencourt Meyers & family
$48.9 B
66
France
L'Oreal
Fashion & Retail
16
Michael Bloomberg
$48 B
78
United States
Bloomberg LP
Media & Entertainment
17
Jack Ma
$38.8 B
55
China
e-commerce
Technology
18
Charles Koch
$38.2 B
84
United States
Koch Industries
Diversified
18
Julia Koch & family
$38.2 B
57
United States
Koch Industries
Diversified
20
Ma Huateng
$38.1 B
48
China
internet media
Technology
21
Mukesh Ambani
$36.8 B
62
India
petrochemicals, oil & gas
Energy
22
MacKenzie Bezos
$36 B
50
United States
Technology
23
Beate Heister & Karl Albrecht Jr.
$33.3 B
Germany
supermarkets
Fashion & Retail
24
David Thomson & family
$31.6 B
62
Canada
media
Media & Entertainment
25
Phil Knight & family
$29.5 B
82
United States
Nike
Fashion & Retail
26
Lee Shau Kee
$28.1 B
92
Hong Kong
real estate
Real Estate
27
François Pinault & family
$27 B
83
France
luxury goods
Fashion & Retail
28
Sheldon Adelson
$26.8 B
86
United States
casinos
Gambling & Casinos
29
Jacqueline Mars
$24.7 B
80
United States
candy, pet food
Food & Beverage
29
John Mars
$24.7 B
84
United States
candy, pet food
Food & Beverage
31
Elon Musk
$24.6 B
48
United States
Tesla Motors, SpaceX
Automotive
32
Giovanni Ferrero
$24.5 B
55
Italy
Nutella, chocolates
Food & Beverage
33
Michael Dell
$22.9 B
55
United States
Dell computers
Technology
34
Hui Ka Yan
$21.8 B
61
China
real estate
Real Estate
35
Li Ka-shing
$21.7 B
91
Hong Kong
diversified
Diversified
36
He Xiangjian
$21.6 B
77
China
home appliances
Manufacturing
36
Jim Simons
$21.6 B
81
United States
hedge funds
Finance & Investments
38
Yang Huiyan & family
$20.3 B
38
China
real estate
Real Estate
39
Joseph Safra
$19.9 B
81
Brazil
banking
Finance & Investments
40
Dieter Schwarz
$19.8 B
80
Germany
retail
Fashion & Retail
41
Vladimir Potanin
$19.7 B
59
Russia
metals
Metals & Mining
41
Tadashi Yanai & family
$19.7 B
71
Japan
fashion retail
Fashion & Retail
43
Qin Yinglin & family
$18.5 B
54
China
pig breeding
Food & Beverage
44
Lukas Walton
$18.4 B
33
United States
Walmart
Fashion & Retail
45
Vladimir Lisin
$18.1 B
63
Russia
steel, transport
Metals & Mining
46
Ray Dalio
$18 B
70
United States
hedge funds
Finance & Investments
47
Takemitsu Takizaki
$17.4 B
74
Japan
sensors
Manufacturing
48
Leonid Mikhelson
$17.1 B
64
Russia
gas, chemicals
Energy
48
Alain Wertheimer
$17.1 B
71
France
Chanel
Fashion & Retail
48
Gerard Wertheimer
$17.1 B
69
France
Chanel
Fashion & Retail
51
Theo Albrecht, Jr. & family
$17 B
69
Germany
Aldi, Trader Joe's
Fashion & Retail
51
Len Blavatnik
$17 B
62
United States
diversified
Diversified
51
William Lei Ding
$17 B
48
China
online games
Technology
54
Susanne Klatten
$16.8 B
57
Germany
BMW, pharmaceuticals
Automotive
54
Alexey Mordashov & family
$16.8 B
54
Russia
steel, investments
Metals & Mining
56
Masayoshi Son
$16.6 B
62
Japan
internet, telecom
Telecom
57
Colin Zheng Huang
$16.5 B
40
China
e-commerce
Technology
57
Dietrich Mateschitz
$16.5 B
75
Austria
Red Bull
Food & Beverage
59
Joseph Lau
$16.4 B
68
Hong Kong
real estate
Real Estate
59
Laurene Powell Jobs & family
$16.4 B
56
United States
Apple, Disney
Technology
61
Zhang Yiming
$16.2 B
36
China
software
Technology
62
Leonardo Del Vecchio & family
$16.1 B
84
Italy
eyeglasses
Fashion & Retail
63
Donald Bren
$15.5 B
87
United States
real estate
Real Estate
64
Stephen Schwarzman
$15.4 B
73
United States
investments
Finance & Investments
65
Vagit Alekperov
$15.2 B
69
Russia
oil
Energy
65
Lee Man Tat
$15.2 B
90
Hong Kong
food
Food & Beverage
65
Wang Wei
$15.2 B
50
China
package delivery
Service
68
Petr Kellner
$14.9 B
55
Czechia
finance, telecommunications
Finance & Investments
68
Rupert Murdoch & family
$14.9 B
89
United States
newspapers, TV network
Media & Entertainment
70
Leonard Lauder
$14.6 B
83
United States
Estee Lauder
Fashion & Retail
70
Zhong Huijuan
$14.6 B
59
China
pharmaceuticals
Healthcare
72
Gennady Timchenko
$14.4 B
67
Russia
oil, gas
Energy
73
Thomas Peterffy
$14.3 B
75
United States
discount brokerage
Finance & Investments
74
Klaus-Michael Kuehne
$14.2 B
82
Germany
shipping
Logistics
75
Lee Kun-hee
$14.1 B
78
South Korea
Samsung
Diversified
76
Wang Jianlin
$14 B
65
China
real estate
Real Estate
77
Steve Cohen
$13.9 B
63
United States
hedge funds
Finance & Investments
78
Radhakishan Damani & family
$13.8 B
65
India
retail, investments
Fashion & Retail
78
Carl Icahn
$13.8 B
84
United States
investments
Finance & Investments
80
R. Budi Hartono
$13.6 B
79
Indonesia
banking, tobacco
Finance & Investments
81
Dhanin Chearavanont
$13.5 B
80
Thailand
diversified
Diversified
81
Stefan Persson
$13.5 B
72
Sweden
H&M
Fashion & Retail
83
Alisher Usmanov
$13.4 B
66
Russia
steel, telecom, investments
Metals & Mining
84
Eric Schmidt
$13.2 B
64
United States
Google
Technology
85
Gina Rinehart
$13.1 B
66
Australia
mining
Metals & Mining
86
Walter P.J. Droege
$13 B
67
Germany
consulting
Service
86
Mikhail Fridman
$13 B
55
Russia
oil, banking, telecom
Energy
86
Michael Hartono
$13 B
80
Indonesia
banking, tobacco
Manufacturing
86
Dietmar Hopp & family
$13 B
79
Germany
software
Technology
86
Zhang Zhidong
$13 B
48
China
internet media
Technology
91
Hinduja brothers
$12.9 B
United Kingdom
diversified
Diversified
91
Heinz Hermann Thiele & family
$12.9 B
79
Germany
brakes
Construction & Engineering
93
Charlene de Carvalho-Heineken & family
$12.8 B
65
Netherlands
Heineken
Food & Beverage
94
Emmanuel Besnier
$12.7 B
49
France
cheese
Food & Beverage
95
Andrey Melnichenko
$12.5 B
48
Russia
coal, fertilizers
Energy
96
Li Shufu
$12.4 B
56
China
automobiles
Automotive
96
Hasso Plattner & family
$12.4 B
76
Germany
software
Technology
98
Liu Yonghao & family
$12.3 B
68
China
agribusiness
Service
98
Stefan Quandt
$12.3 B
53
Germany
BMW
Automotive
100
Ken Griffin
$12.1 B
51
United States
hedge funds
Finance & Investments
101
David Tepper
$12 B
62
United States
hedge funds
Finance & Investments
101
Wu Yajun & family
$12 B
56
China
real estate
Real Estate
103
Kwong Siu-hing
$11.9 B
90
Hong Kong
real estate
Real Estate
103
Shiv Nadar
$11.9 B
74
India
software services
Technology
105
Sun Piaoyang
$11.8 B
61
China
pharmaceuticals
Healthcare
106
Lui Che Woo & family
$11.7 B
91
Hong Kong
casinos/hotels
Gambling & Casinos
106
Ricardo Salinas Pliego & family
$11.7 B
64
Mexico
retail, media
Fashion & Retail
108
Li Xiting
$11.6 B
69
Singapore
medical devices
Healthcare
108
Reinhold Wuerth & family
$11.6 B
84
Germany
fasteners
Manufacturing
110
John Menard, Jr.
$11.5 B
80
United States
home improvement stores
Fashion & Retail
110
Pang Kang
$11.5 B
64
China
soy sauce
Food & Beverage
110
Peter Woo
$11.5 B
73
Hong Kong
real estate
Real Estate
113
Roman Abramovich
$11.3 B
53
Russia
steel, investments
Diversified
113
Udo & Harald Tschira
$11.3 B
Germany
software
Technology
115
Mikhail Prokhorov
$11.2 B
54
Russia
investments
Finance & Investments
115
Xu Hang
$11.2 B
53
Hong Kong
medical devices
Healthcare
117
Pallonji Mistry
$11.1 B
90
Ireland
construction
Construction & Engineering
118
Philip Anschutz
$11 B
80
United States
investments
Finance & Investments
118
German Larrea Mota Velasco & family
$11 B
66
Mexico
mining
Metals & Mining
118
Pierre Omidyar
$11 B
52
United States
eBay, PayPal
Technology
118
James Ratcliffe
$11 B
67
United Kingdom
chemicals
Manufacturing
118
Zhang Yong
$11 B
49
Singapore
restaurants
Food & Beverage
123
Robert & Philip Ng
$10.9 B
Singapore
real estate
Real Estate
124
Iris Fontbona & family
$10.8 B
77
Chile
mining
Metals & Mining
124
Abigail Johnson
$10.8 B
58
United States
money management
Finance & Investments
124
Donald Newhouse
$10.8 B
90
United States
media
Media & Entertainment
127
Graeme Hart
$10.5 B
64
New Zealand
investments
Finance & Investments
127
Viktor Vekselberg
$10.5 B
62
Russia
metals, energy
Energy
129
Goh Cheng Liang
$10.4 B
92
Singapore
paints
Manufacturing
129
Uday Kotak
$10.4 B
61
India
banking
Finance & Investments
129
Jorge Paulo Lemann & family
$10.4 B
80
Brazil
beer
Food & Beverage
132
Jorn Rausing
$10.3 B
60
Sweden
packaging
Food & Beverage
133
Hank & Doug Meijer
$10.2 B
United States
supermarkets
Fashion & Retail
133
Stefano Pessina
$10.2 B
78
Italy
drugstores
Fashion & Retail
135
Suleiman Kerimov & family
$10 B
54
Russia
investments
Finance & Investments
135
Stanley Kroenke
$10 B
72
United States
sports, real estate
Sports
135
Joseph Tsai
$10 B
56
Canada
e-commerce
Technology
138
Gordon Moore
$9.8 B
91
United States
Intel
Technology
139
Jan Koum
$9.7 B
44
United States
WhatsApp
Technology
139
Robin Zeng
$9.7 B
51
Hong Kong
batteries
Energy
141
John Fredriksen
$9.6 B
75
Cyprus
shipping
Logistics
141
Robert Kuok
$9.6 B
96
Malaysia
palm oil, shipping, property
Diversified
141
Andreas Struengmann & family
$9.6 B
70
Germany
pharmaceuticals
Healthcare
141
Thomas Struengmann & family
$9.6 B
70
Germany
pharmaceuticals
Healthcare
145
Hui Wing Mau
$9.5 B
69
Hong Kong
real estate
Real Estate






146
Dustin Moskovitz
$9.3 B
35
United States
Facebook
Technology
147
Lei Jun
$9.2 B
50
China
smartphones
Technology
147
Quek Leng Chan
$9.2 B
78
Malaysia
banking, property
Diversified
147
Sun Hongbin
$9.2 B
57
United States
real estate
Real Estate
150
Finn Rausing
$9.1 B
65
Sweden
packaging
Food & Beverage
150
Kirsten Rausing
$9.1 B
67
Sweden
packaging
Food & Beverage
150
Charoen Sirivadhanabhakdi
$9.1 B
75
Thailand
alcohol, real estate
Food & Beverage
153
Stewart and Lynda Resnick
$9 B
United States
agriculture, water
Food & Beverage
153
Luis Carlos Sarmiento
$9 B
87
Colombia
banking
Finance & Investments
155
Gautam Adani
$8.9 B
57
India
commodities, ports
Diversified
155
Christy Walton
$8.9 B
71
United States
Walmart
Fashion & Retail
157
Sunil Mittal & family
$8.8 B
62
India
telecom
Telecom
157
Zhang Bangxin
$8.8 B
40
China
education
Service
159
Anthony Pratt
$8.7 B
59
Australia
manufacturing
Manufacturing
160
German Khan
$8.5 B
58
Russia
oil, banking, telecom
Energy
161
Eduardo Saverin
$8.4 B
38
Brazil
Facebook
Technology
162
Aliko Dangote
$8.3 B
62
Nigeria
cement, sugar
Manufacturing
162
George Soros
$8.3 B
89
United States
hedge funds
Finance & Investments
162
Zong Qinghou
$8.3 B
74
China
beverages
Food & Beverage
165
Richard Qiangdong Liu
$8.2 B
46
China
e-commerce
Technology
165
Friedhelm Loh
$8.2 B
73
Germany
manufacturing
Manufacturing
165
Lu Zhongfang
$8.2 B
77
China
education
Automotive
165
Cyrus Poonawalla
$8.2 B
78
India
vaccines
Healthcare
169
Ernesto Bertarelli
$8 B
54
Switzerland
biotech, investments
Healthcare
169
Mike Cannon-Brookes
$8 B
40
Australia
software
Technology
169
Carl Cook
$8 B
57
United States
medical devices
Healthcare
169
Scott Farquhar
$8 B
40
Australia
software
Technology
169
Gong Hongjia & family
$8 B
55
Hong Kong
video surveillance
Finance & Investments
169
Jerry Jones
$8 B
77
United States
Dallas Cowboys
Sports
169
Michael Platt
$8 B
52
United Kingdom
hedge funds
Finance & Investments
169
Anders Holch Povlsen
$8 B
47
Denmark
fashion retail
Fashion & Retail
169
Eric Wittouck
$8 B
73
Belgium
Investments
Finance & Investments
169
Xu Shihui
$8 B
62
China
snacks, beverages
Food & Beverage
179
Andrew Beal
$7.9 B
67
United States
banks, real estate
Finance & Investments
179
Ann Walton Kroenke
$7.9 B
71
United States
Walmart
Fashion & Retail
179
Wang Wenyin
$7.9 B
52
China
mining, copper products
Metals & Mining
179
Zhang Fan
$7.9 B
54
China
touch screens
Technology
183
Shahid Khan
$7.8 B
69
United States
auto parts
Automotive
184
Zhang Jindong
$7.7 B
57
China
appliance retailer
Fashion & Retail
185
Kumar Birla
$7.6 B
52
India
commodities
Diversified
185
Chen Bang
$7.6 B
54
China
hospitals
Healthcare
185
David Geffen
$7.6 B
77
United States
movies, record labels
Media & Entertainment
185
Jiang Rensheng & family
$7.6 B
66
China
vaccines
Healthcare
185
Jim Kennedy
$7.6 B
72
United States
media, automotive
Media & Entertainment
185
Blair Parry-Okeden
$7.6 B
69
United States
media, automotive
Media & Entertainment
185
Stephen Ross
$7.6 B
79
United States
real estate
Real Estate
185
August von Finck
$7.6 B
90
Germany
investments
Finance & Investments
193
David Duffield
$7.5 B
79
United States
business software
Technology
193
Thomas Frist, Jr. & family
$7.5 B
81
United States
hospitals
Healthcare
193
Eyal Ofer
$7.5 B
69
Israel
real estate, shipping
Diversified
196
John Grayken
$7.4 B
63
Ireland
private equity
Finance & Investments
196
Niels Peter Louis-Hansen
$7.4 B
72
Denmark
medical devices
Healthcare
196
Lakshmi Mittal
$7.4 B
69
India
steel
Metals & Mining
196
Nicky Oppenheimer & family
$7.4 B
74
South Africa
diamonds
Metals & Mining
200
John Doerr
$7.3 B
68
United States
venture capital
Technology
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Methodology
The Forbes World’s Billionaires list is a snapshot of wealth using stock prices and exchange rates from March 18, 2020. Some people become richer or poorer within days of publication. We list individuals rather than multigenerational families who share fortunes, though we include wealth belonging to a billionaire’s spouse and children if that person is the founder of the fortune. In some cases we list siblings or couples together if the ownership breakdown among them isn’t clear, but here an estimated net worth of $1 billion per person is needed to make the cut. We value a variety of assets, including private companies, real estate, art and more. We don’t pretend to know each billionaire’s private balance sheet (though some provide it). When documentation isn’t supplied or available, we discount fortunes. For daily updates of net worths, go to www.forbes.com/real-time-billionaires.

Acknowledgements
Special thanks to FactSet Research Systems, Orbis by Bureau Van Dijk, PitchBook Data, Real Capital Analytics, Reonomy, S&P Capital IQ, VesselsValue, and the other experts who helped us with our reporting and valuations including Susan Anderson, B. Riley FBR; Euromonitor International; Karl Danielsson, Karl Danielsson Egendomar; Jean-François Lambert, Lambert Commodities; Michael Pachter, Wedbush Securities; Simeon Siegel, BMO Capital Markets; Luca Solca, Bernstein; James West, Evercore ISI.

Credits
Editor: Kerry A. Dolan
Deputy Editors: Chase Peterson-Withorn, Jennifer Wang
Country Editors: Graham Button, Grace Chung, Russell Flannery, Naazneen Karmali
Wealth Team: Angel Au-Yeung, Elena Berezanskaya, Deniz Çam, Maggie Chen, Carter Coudriet, Hayley Cuccinello, Max Jedeur-Palmgren, Noah Kirsch, Elaine Mao, Andrea Murphy, Marta Orosz, Jonathan Ponciano, Natalie Sachmechi, Kristin Stoller, Giacomo Tognini, Tracy Wang, Will Yakowicz, and reporters at Forbes-licensed editions in Austria, Czech Republic, Hungary, Kazakhstan, Mexico, Poland, Romania, Russia, Slovakia and Turkey
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