So who are the richest stock investors in the world? All of us dream of becoming rich quickly like them. We place our first paychecks on various stocks, hoping to reap benefits immediately. Some of us get lucky while others often turn into distraught figures. We have compiled a list of stock investors who seem to be able to predict stock prices. These shrewd stock investors have made most of their fortunes through investments alone. Without beating about the bush, here’s the list!
No one comes close to Warren Buffet’s investing prowess. He has a net worth of $65.7 billion and he is the CEO of Berkshire Hathaway. Some of his recent investments include partnering with 3G Capital to purchase ketchup maker H.J Heinz for $23.2 billion, investing $4 billion in ExxonMobil and $5.6 billion in Nevada’s NV Energy. The deal proved to be a stroke of genius as it added $4.7 billion to his already vast fortune.
Carl Icahn comes a distant second in the list with his net worth of $23.8 billion. The man is one of the richest men in Wall Street. His shrewd investments in several publicly traded companies have played a major factor in the increment of his net worth. He set the world of Twitter alight in August 2013, tweeting about his purchase of a large stake in Apple. Here’s a man who can’t seem to stop gloating.
George Soros is a legend in Wall Street. His net worth of $23 billion gives him that sort of credibility. He is famed for making $1 Billion overnight by shorting the pound during Black Wednesday. Although the man no longer handles the daily operations of Soros Fund Management, the man creates a huge stir every now and then. Very recently, the man became one of the largest shareholders of the company Herbalife.
The stock market is one of the greatest wealth generating machine in the world
Prince Alwaleed has a net worth of $21.2 billion and makes his wise investments in several private and public companies of the world. The man makes all of his investments through the company he owns, Kingdom Holding Company. The company holds stakes in News Corp, Citigroup and Twitter etc. Kingdom Holding also possesses shares in Chinese e-commerce company JD.com. The man truly goes global with his investments.
Ronald Perelman is the stock investor possessing a net worth of $14.2 billion. The man’s multiple marriages are often the talk of the town and so are his investments. Ronald is known to hold humongous stakes in Revlon, Deluxe Entertainment, Scientific Games and AM General etc. The man bought stocks for himself for the first time in 1978 when he acquired a large stake in Cohen-Hatfield.
Andrew Beal has a net worth of $11.3 billion. His bold approach of purchasing distressed assets has turned out pretty well for him. The bonds he bought in the 2009 financial crisis have worked like a charm for him. Andrew is also known to be quite the gambler; he made headlines in the 80s and 90s by taking part in several high stakes poker games.
Mikhail Prokhorov has a net worth of $11 billion and is known to don the hat of a banker, an athlete, a media player, a politician, an NBA owner but most prominently that of a stock broker. The 6 ft 8 inch entrepreneur has made some serious investments over the years. The man sold his 37.8% share in Polyus Gold International Ltd for $3.6 billion in 2013 and invested most of it in the potassium fertilizers manufacturer, Uralkali.
Whether it is a bull market or bear market, great investors such as Warren Buffett ride through the storm relatively unscathed. This is the stuff legends are made of.
Suleiman Kerimov is known to be the largest shareholder of the potassium fertilizers manufacturer, Urakali. The stock investor has a net worth of $6.8 billion and is known to hold sizeable stakes in gold mining outfit, Polyus Gold and telephone provider Rostelecom.
Kerr Neilson has a net worth of $3 billion and he owns 57% shares in the company Platinum Asset Management. The man was involved in stock dealings at a very young age; when aged 13, Kerr managed to buy his own stock for the first time.
Over the years, Richard Chandler's impressive investments have helped the man accumulate a fortune of $2.6 billion. Although born in New Zealand, the man calls Singapore his home. His $99 million investment in the hospital group, Hoan My Medical Corporation shows that he isn’t afraid to make huge investments. The $99 million bought him 80% stake in the private hospital group. He also holds a 19% stake in InterOil Corporation.