The outgoing year was very successful for many “oldies” billionaires, such as Mark Zuckerberg, Steve Ballmer and Bernard Arnault, and also allowed a number of businessmen and a business woman to become one of the newcomer billionaires. They included the representative of Russia.
We present you a selection of 2019 newcomer billionaires according to Forbes.
10. Tatyana Bakalchuk
Net worth: $ 1 billion
Source of income: e-commerce
Country: Russia
Even before Medvedev urged teachers to go into business, Tatyana Bakalchuk changed her teaching activities to e-commerce. She owns one of the most popular Russian online stores - Wildberries.
Bakalchuk was on maternity leave, and realized how difficult it is for newly-minted mothers to visit clothing stores and shop offline. After all, it was necessary to constantly take care of the newborn.
Therefore, in 2004, Tatyana, with the help of her husband, founded the company Wildberries, which currently sells thousands of products (not only clothes, but also toys, food, household goods, electronics, etc.) to millions of consumers in Russia, Kazakhstan, Armenia and Kyrgyzstan.
9. George Thomas Dave
Net worth: $ 1 billion
Source of income: tea
Country: USA
Have you ever had a drink made with Kombucha? So George Thomas Dave drank it, and not just drank it, but built a real tea and mushroom empire GT’s Living Food, which produces more than 3.8 million liters of organic ginger kombucha per year.
It is the largest US producer of kombuchi, capturing 40% of the domestic market. Recently, Dave decided to expand his business by including cannabidiol (CBD) water and coconut kefir in the list of manufactured goods.
8. Kylie Jenner
Net worth: $ 1 billion
Source of income: cosmetics
Country: USA
Jenner, who turned 22 in August, created the cosmetics empire Kylie Cosmetics, and she and her sister launched a clothing line and made millions of dollars promoting the company's products on Instagram.
Forbes experts estimate that Kylie Cosmetics is worth $ 900 million. This, plus the cash that Kylie receives from her business, has earned her millionaire status.
One can argue about whether Kylie Jenner is a self-made woman or whether her business successes are due to the comprehensive support of an influential family, but one cannot be denied - at the moment she is the youngest billionaire in the world.
7. Daniel Lyubetskiy
Net worth: $ 1.1 billion
Source of income: production of bars for healthy eating
Country: USA
Founder of KIND Snacks, a maker of popular US protein bars. In 2004, Lubetzki was both a seller and a packer, and even a delivery man. However, 15 years have passed, and now 2 billion bars have found their customers around the world.
An excellent result that allowed Daniel to become one of the new billionaires in the Forbes ranking.
6. Jimmy John Lyoto
Net worth: $ 1.7 billion
Source of income: sandwich bars
Country: USA
Jimmy John Lyoto opened his first sandwich bar 35 years ago. But now he does not need to stand behind the bar, except for his own pleasure.
In 2016, Lioto sold a controlling stake in his sandwich empire to the private joint-stock company Roark Capital Group, and he, according to various sources, retained a 35% stake and the president’s title.
But not only the deal with Roark Capital Group brought the sandwich king over a billion dollars. He owns agricultural land in Illinois and also has a stake in Juul Labs, a producer of electronic cigarettes Juul.
5. Charles Zhenyao Lu
Net worth: $ 1.9 billion
Source of income: coffee shop chain
Country: China
This is one of the first investors, and now the chairman of the popular Luckin Coffee chain in China. His 30.5% stake (Lou owns it with his wife) now costs more than $ 1 billion after the successful IPO Luckin Coffee on the Nasdaq this year.
“If Starbucks gave us $ 10 billion, we would stop fighting,” Lou once jokingly told reporters.
There are currently 4910 Luckin Coffee cafes operating in China, while Starbucks boasts only 4,300 outlets in the country. And such popularity is explained not so much by the taste qualities of Luckin Coffee as by its cheapness. Lou himself, if desired, can afford the most expensive coffee in the world.
4. Orlando Bravo
Net worth: $ 3 billion
Source of income: private investment
Country: USA
If you are not one of the Wall Street wolves, then you are unlikely to have ever heard of Thoma Bravo, led by Orlando Bravo. But she manages the assets that the infamous colonel Zakharchenko will envy. The amount of these assets is $ 39 billion.
The secret of Bravo’s success at first glance is simple: it invests only in reliable companies that are engaged in software development and have competitive advantages thanks to innovative products.
Thoma Bravo's investment approach is different from the model that became typical in San Francisco, where he lived since the mid-1990s. There, unprofitable companies are given generous financing from venture capital to pay large salaries to highly skilled workers.
“We believe that you can grow faster and innovate better, the more money you make,” says Mr. Bravo. He believes that Silicon Valley is beginning to take on his mindset.
3. Herbert Wertheim
Net worth: $ 3.1 billion
Source of income: investments
Country: USA
The condition of one of the happiest residents of Florida is the result of prudent investments. He owns shares in companies such as Apple, Microsoft, Google, General Electric, British Petroleum and Bank of America.
So Wertheim, 80, may be the richest individual investor the world has never heard of.
2. Anthony von Mandle
Net worth: $ 3.5 billion
Source of income: alcohol
Country: Canada
Although Anthony himself hails from the land of lakes and football players, his company's main market is Mike’s Hard Lemonade Co. - USA. Von Mandle began as a regular importer and seller of elite wines, but eventually became the owner of the Mission Hill Family Estate wine house (now he has five of them). And then he received the recognition of millions of Americans, releasing alcoholic sparkling water White Claw. In 2019, it occupied 55% of the U.S. market for alcoholic sparkling water.
An advertisement promoting White Claw as a “healthy” and “clean” product, as well as a huge number of memes with it, played its role in the popularity of this drink.
1. Mackenzie Bezos
Net worth: $ 34.5 billion
Source of income: Amazon
Country: USA
Divorce is always unpleasant. But Mackenzie Bezos can console himself with the fact that her divorce proceedings with Jeff Bezos have become the most expensive divorce in history.
From a long life together with the founder of Amazon, Mackenzie left not only memories, but also a 25% stake (or 4% stake) in the company. By the way, we can say that Jeff still got off easily, because according to the laws of the state of Seattle, where the ex-spouses lived, when you divorce, you need to divide all the jointly acquired property in half.
However, Mackenzie Bezos abandoned her interest in The Washington Post, Blue Origin, and most of Amazon's shares. Miss Bezos also promised to give at least 50% of her fortune to charity.
