The Hurun Global Rich List 2015 ranked 2089 billionaires from 68 countries, up 222 from last year, in a record-breaking year for the world’s billionaires.
649 saw their wealth increase and there were 341 new faces. 230 remained unchanged. 869 individuals saw their wealth decrease. 95 dropped out of last year’s list.
The Russian Rouble collapse, brought about by a stagnating Russian economy, sanctions due to Ukrainian conflict and cheaper oil price by the OPEC, has been the cause for 60% of Russian billionaires to see their wealth drop, led by Vladimir Yevtushenkov and Vagit Alekperov of Lukoil whose wealth fell by 77% and 73% respectively.
Although the list expanded by 222 individuals, the total wealth dropped by 1.5% to US$6.7 trillion, still more than the GDP of Japan and South Korea combined. The average age is 64, same as last year.
“’New Energy King’ Li Hejun becomes the twelfth Number One China has had in the past 16 years, underlying once again the dynamism of the Chinese economy. In that same period, Bill Gates has been the only Number One in the US.”
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