TOP 10
Credit to Huffington Post
6 . HUI WING Mau $ 6.35 billion , Shimao Property Holdings
5 . IVAN GLASENBERG $ 6.63 billion , Glencore , Xstrata
AFTER HUI WING Mau moved to Australia in the 1990s , he became the executive director and major shareholder of Shimao Property Holdings in Hong Kong . Not long after , Mau was estimated to be one of the largest property developers in Shanghai .
Since investing in hotels was illegal at the time , Mau invested $ 1.2 million under the pretense that he was investing in a knitting factory in his hometown . Instead , Mau built a hotel , becoming the first owner of the first private three-star estate business in Beijing and Shanghai . More recently , Mau has expanded his business by acquiring listed companies .
AFTER FINISHING HIS MBA at University of Southern California in 1984 , Ivan Glasenberg became the chief executive for one of the world ’ s largest commodity training and mining companies .
The South African native gained triple citizenship , adding Australia and Israel to the list , and currently holds more than 15 percent of Glencore ’ s stock , making him the 20th richest mining billionaire .
One of Glasenberg ’ s biggest achievements was being involved in the Glencore and Xstrata merger , also known as the largest mining company mergers in history ; this placed the company ’ s value at a total of $ 88 billion .
44 September 2014