![forbes.com jay abraham 21 billion forbes.com jay abraham 21 billion](https://0.academia-photos.com/attachment_thumbnails/38495896/mini_magick20190225-6670-qzlqmm.png)
7 was casino tycoon Kirk Kerkorian, who doubled his net worth to an estimated $18 billion. The discount retailer - struggling with a slowing economy, higher gasoline prices and merchandising mishaps - has seen its sales lag behind rivals such as Target Corp.Ĭlimbing 19 rungs to No. fortune, from the top 10 for the first time since 1989. Their ascension bumped the Walton family, heirs to the Wal-Mart Stores Inc. 9 spot with estimated wealth of $17 billion. Oil baron brothers Charles and David Koch also broke into the top 10, sharing the No. Surging oil prices also helped some members of the list. It really just depends on what the market does.” “God only knows if they’ll be on it next year. “Wall Street really led the charge this year,” said Matthew Miller, editor of the Forbes list. The youngest member of this year’s list was 33-year-old hedge fund manager John Arnold, who joined the ranks at No. The 34-year-old moguls’ wealth has quadrupled since 2004 to an estimated $18.5 billion this year, and their company’s stock value has surged 500 percent.Īnd, lower down, almost half of the 45 newcomers made their millions in hedge funds and private equity investments. founders Sergey Brin and Larry Page, who tied for fifth place. Joining the top 10 of the country’s richest for the first time were Google Inc. 4 with an estimated net worth of $26 billion.īut the list showed some notable changes. 3 with an estimated worth of $28 billion. in second place with an estimated $52 billion and casino mogul Sheldon Adelson, No. He was followed by Warren Buffett of Berkshire Hathaway Inc. founder Bill Gates led the list for the 14th straight year, this time with a net worth estimated at $59 billion. The top tier was unchanged: Microsoft Corp. A billion won’t get you on Forbes list – East Bay Times