Which GCC tycoon among world's top self-made billionaires? - Emirates24|7

Which GCC tycoon among world's top self-made billionaires?

Infrastructure development initiatives was one of the major drivers of capital into Dubai in 2014. (Shuttertsock)

Prince Alwaleed bin Talal Bin Abdulaziz Al Saud figures in in the list of the world’s wealthiest self-made billionaires.

The listing released by Wealth-X, a company providing qualified prospects and intelligence on ultra-high net worth (UHNW), shows that the Prince is the top 14th rich tycoon with an estimated net worth of figures on the $28.3 billion.

With a personal fortune totalling nearly $86 billion, Microsoft co-founder Bill Gates tops the list of the world’s top 25 richest self-made billionaires.

American entrepreneurs such as Gates dominate the Wealth-X list, claiming 14 of the 25 spots.

The list features numerous notable American billionaires who are responsible for building some of the most successful companies in the world including Berkshire Hathaway, Oracle, and Google.

The combined wealth of the 14 Americans on the list is $514.2 billion, which is greater than the GDP of Norway.

The technology sector has proved yet again to be an incubator of great fortunes with many on the list such as Oracle’s Larry Ellison, Mark Zuckerberg of Facebook and Jack Ma, chairman of Alibaba, China’s e-commerce giant, amassing significant wealth by founding and building technology-based companies.

Below are the world’s top 25 self-made billionaires:

Rank

Name

Nationality

Estimated Net Worth*

1

William Gates III

United States

85.7

2

Warren Buffett

United States

70.1

3

Amancio Ortega

Spain

65.0

4

Lawrence Ellison

United States

51.5

5

Ingvar Kamprad

Sweden

48.1

6

Jeffrey Bezos

United States

39.8

7

Carlos Slim

Mexico

35.4

8

Mark Zuckerberg

United States

35.3

9

Wang Jianlin

China

35.2

10

Michael Bloomberg

United States

33.7

11

Lawrence Page

United States

31.3

12

Sergey Brin

United States

29.1

13

Lee Shau Kee

Hong Kong

28.3

14

Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud

 Saudi Arabia 

28.3

15

Jorge Paulo Lemann

Brazil

27.0

16

Jack Ma (Yun Ma)

China

26.7

17

Sheldon Adelson

United States

26.0

18

George Soros

United States

24.8

19

Leonardo Del Vecchio

Italy

23.0

20

Carl Icahn

United States

22.8

21

Steven Ballmer

United States

22.4

22

Philip Knight

United States

21.6

23

Patrick Drahi

France

21.0

24

Li Ka Shing

Hong Kong

20.1

25

Leonard Blavatnik

United States

20.1

*US$ billion

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