The firm rapidly moved from packing and selling a small amount of eggs for local grocery stores into a national business. Always ambitious, the firm bought several other companies to speed up its growth. Never underestimate how much people love their pets. Most owners think of their animals as members of the family and are willing to spend big to prove it, making it a lucrative industry.
Their chilled pet food business VIP Pet Foods focused on the gourmet end of the market for cats and dogs, offering a "Fussy Cat" range and vacuum-packed fresh minces. Thomas Warburton and his wife Ellen opened a grocery shop in When sales fell in , Ellen switched to baking bread, with her loaves becoming an instant success. Almost years on, Warburtons is still a private family owned business managed by the fifth generation of Warburtons Jonathan, Ross and Brett. It claims over a quarter of all bakery products eaten in the UK are produced by them.
In explaining their decision, the pair wrote a joint letter saying, "Today, in , if the company was a person, it would be a young adult of 21 and it would be time to leave the roost For a quarter of a million dollars, they could also attend a round-table discussion.
In May , a Berkshire Hathaway subsidiary landed permission to build one of the biggest solar energy installations on Earth.
Combined with their existing acre property on the island, the pair now owns more than 2 square miles of land, or 2. In May , Bill and Melinda Gates announced they were divorcing , after 27 years of marriage. Depending on the details of the divorce settlement, Melinda Gates may soon rise to the ranks of the richest people in the world. Jim Walton — the youngest son of Sam Walton, founder of Walmart — is one of the many heirs to the retail giant's fortune.
He also has a slightly larger stake in the company than the other heirs, making him the richest person in the state. Sam lives in Bentonville, the Arkansas home of the largest company in the world by revenue. Ellison is a cloud computing pioneer.
He founded his company Oracle in and still serves as its chairman and CTO. Philip Anschutz has become one of the wealthiest people in the world by investing in several businesses including oil, railroads, real estate and entertainment. His Anschutz Entertainment Group owns and operates arenas and stadiums across the globe.
The Denver resident has donated hundreds of millions of dollars to the University of Colorado's medical center, which was named in his honor. Ray Dalio is the founder of Connecticut's Bridgewater Associates, the largest hedge fund in the world based on assets managed.
Many of Connecticut's other wealthy residents owe their wealth to hedge funds, including SAC Capital head Steve Cohen, who was hit with a two-year ban from managing money after an insider trading allegation. One of the country's least populous states, Delaware is not home to any billionaires, and brother and sister Elizabeth Snyder and Robert Gore tie as the state's wealthiest person.
The two share in the Gore-Tex fortune founded by their parents. Robert, working as a chemical engineer, invented the waterproof material used in Gore-Tex apparel. Florida's wealthiest resident is Thomas Peterffy, the chairman of Interactive Brokers. Peterffy is best known for his hand in popularizing digital high-speed trading. Peterffy lives in Palm Beach, where he recently helped open a high-end, members-only medical center, one of the first of its kind.
The company, which his grandfather founded in , includes cable television company Cox Communications, as well as a number of other properties spanning television, newspaper and the internet. The founder of auction website eBay, Pierre Omidyar, first became a billionaire in at the age of 31 when the company went public. Omidyar spent several years as a youth in Hawaii, and he moved back to Honolulu in The multi-billionaire has invested millions in various business and philanthropic projects throughout the islands, focusing in areas such as local food production, renewable energy and waste reduction.
Idaho's richest person is Frank VanderSloot, the founder and long-time head of pharmaceutical company Melaleuca. VanderSloot has helmed the company since he started it in Ken Griffin founded global investment fund Citadel in In November , the multi-billionaire also made the most expensive home purchase in Chicago's history, buying the top four floors of the No. The company specializes in devices used in minimally-invasive surgery such as stents and filters.
Carl inherited control of Cook Group from his parents, William and Gayle Cook, who founded the company. Stine made his fortune in the state's substantial corn and soybean industries. Stine still resides with his family in Adel, where his grandparents first moved in the late s.
Kansas' Charles Koch, one of the two Koch brothers, made his fortune building and running Koch Industries, which operates in everything from paper products to chemical manufacturing to oil pipelines. The Collisons are two of just four self-made billionaires in their 20s the other two are the Snapchat cofounders. New Australian billionaire Manny Stul may not be a familiar name yet, but his popular Shopkins, grocery-inspired plastic collectibles with names like Kris P.
Lettuce and Posh Pear, are a huge hit with American kids. There are also 15 new self-made women, all but one of whom are from Asia Pacific. The sole American self-made woman newcomer is Thai Lee , who was born in Thailand but moved to the U. Altogether there are women on list, including 10 who cofounded or own businesses with a spouse or a brother and thus share the fortune. China is catching up with Hong Kong has another 67, and Macau 1. Germany has the third most with and India, with , the first time it has had more than , is fourth.
Seventy-eight people fell off the list, including 33 from China, 7 Americans and 9 who are still super wealthy but share their wealth among extended family members and therefore are not eligible for these ranks. Go here for the full list of all the world's billionaires.
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