$106.3 billion.. The list of the 5 richest people in the world in the investment sector
List of the 5 richest people in the world in the investment sector, all of them from America.
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"Forbes" magazine revealed the 5 richest people in the world who reaped their wealth from the investment sector, and all of them reside in the United States of America. The report relies on data recorded until November 11, 2022, and the famous American investor Warren Buffett tops the list.
1. Warren Buffett
Net worth: $106.3 billion
American investor Warren Buffett runs Berkshire Hathaway, which owns dozens of companies, including insurance company Geico, battery maker Duracell and restaurant chain Dairy Queen.
2. Ken Griffin
Net worth: $31.9 billion
American Griffin is the founder and CEO of Citadel, a Miami-based hedge fund and financial services company that manages about $59 billion in investment capital until last November.
Griffin founded the company in 1990, but he first started trading from his dorm at Harvard University in 1987, placing a satellite dish on the roof of the dorm to get real-time stock prices.
3. Stephen Schwarzman
Net worth: $31.7 billion
American Schwarzman, 75, founded the private equity firm (Blackstone), in which he is chairman and CEO, with the late Peter Peterson in 1985.
Initially focused on the advisory business of mergers and acquisitions, the firm has blossomed into the world's largest manager of alternative assets, with approximately $951 billion in assets under management as of last September.
4. Jeff Yass
Net worth: $30 billion
American Yass co-founded one of the largest and most successful trading companies on Wall Street, Susquehanna International Group, and trading began on the Philadelphia Stock Exchange in 1981 with the support of billionaire Israel Englander.
The 64-year-old founded Susquehanna with a few partners in 1987, with no outside funds, and named the company after the Susquehanna River.
5. Jim Simmons
Net worth: $28.1 billion
American Jim Simmons founded Renaissance Technologies in 1982, a $50 billion quantitative trading hedge fund company.
It is best known for the Medallion Fund, a $10 billion black-box strategy open only to Renaissance owners and employees.
