Wealthiest 120 in US worth total of dollars 251bn
Wednesday 06 July 1994
The latest list of the world's billionaires, compiled by Forbes magazine, contains 47 more names than last year.
The rest of the world outside the US has 238 entrants worth dollars 514bn. Forty-two are German, 36 Japanese and a surprising 24 come from Mexico. Forbes notes that the booming economies of Latin America are now producing more new billionaires than any other region of the world.
Topping the Forbes list is the family of the late Sam Walton, who made his fortune through his retailing chain. The Waltons are estimated to be worth dollars 23.6bn, more than double the dollars 9.6bn net worth of the second- placed Mars family, of chocolate bar fame.
Bill Gates, founder of Microsoft, is the richest US individual on the list, having edged ahead of the stock market investor Warren Buffet since last year. Mr Gates' net worth is listed as dollars 8.2bn, just behind the Japanese property and railways magnate Yoshiaki Tsutsumi's dollars 8.5bn.
Britain makes a modest contribution with five entries. David Sainsbury and his supermarket owning family come out on top at dollars 4.4bn, followed at dollars 2.2bn by Garry Weston and family, controlling shareholders of Associated British Foods.
The family of the late John Moores, the football pools tycoon who died last year aged 97, is listed as worth dollars 1.8bn, while the entrepreneur Richard Branson weighs in at dollars 1.1bn. Completing the UK entrants is the Schroder family, which founded the investment bank 176 years ago.
- 1 Autistic adults could take pure MDMA to 'reduce social anxiety'
- 2 Natalie Portman tells Harvard graduates: 'Accept your lack of knowledge'
- 3 Before you complain about your GP, this is what you need to know about actually doing the job
- 4 Father of 12 accused of raping, beating, starving and abusing his own children in US 'cult'
- 5 Charlie Charlie Challenge explained: not a Mexican demon being summoned — it's gravity
People are criticising Fifa World Cup sponsors with corrupt corporate logos
Natalie Portman tells Harvard graduates: 'Accept your lack of knowledge'
University league tables: Best universities for teaching standards rank Oxford, Cambridge and Coventry among top 20
Fifa corruption live: Uefa to consider pulling teams from Fifa tournaments if Blatter stays
Skull found in Spain could be the world's first-ever murder victim
EU referendum: David Cameron's rules are a 'democratic disgrace', says French-born Scottish politician set to be denied a vote
The day that Britain resigned as a global power
SNP fury as HS2 finds 'no business case' for taking fast train service to Scotland
Australian man punched in the face for defending Muslim women from abuse on train
A nation of inequality: How the UK is failing to feed its most vulnerable people
EU referendum: David Cameron to deny EU migrants and under-18s the chance to vote
iJobs Money & Business
£30 - 35k: Guru Careers: We are seeking a Pricing Analyst to join a leading e-...
£20000 - £25000 per annum + OTE £45K YR1: SThree: At SThree, we like to be dif...
£20000 - £25000 per annum + competitive: SThree: Did you know? SThree is a mul...
£55 - 65k (DOE): Guru Careers: A unique opportunity for a permanent C# Develop...