Before I get into the meat of this post, I want to make it clear that the definition of oligarch, a term I use a lot, does not center solely around money.
Late last year, in the post Inside the Mind of an Oligarch – Sheldon Adelson Proclaims “I Don’t Like Journalism,” I attempted to frame the word oligarch as I use it. I wrote the following:
In a nutshell, while many oligarchs are extremely wealthy (or have access to extreme wealth), not all people with extreme wealth are oligarchs. The term oligarch is reserved for those with extreme wealth who also want to control the political process, policy levers and most other aspects of the lives of the citizenry in a top-down tyrannical and undemocratic manner. They think they know best about pretty much everything, and believe unelected technocrats who share their worldview should be empowered so that they can unilaterally make all of society’s important decisions. The unwashed masses (plebs) in their minds are unnecessary distractions who must to be told what to do. Useless eaters who need to be brainwashed into worshipping the oligarch mindset, or turned into apathetic automatons incapable or unwilling to engage in critical thought. Either outcome is equally acceptable and equally encouraged.
With that out of the way, Five-Thirty-Eight provided the following:
Eighty people hold the same amount of wealth as the world’s 3.6 billion poorest people, according to an analysis just released from Oxfam. The report from the global anti-poverty organization finds that since 2009, the wealth of those 80 richest has doubled in nominal terms — while the wealth of the poorest 50 percent of the world’s population has fallen.
There you have it. The reason the wealth of the richest has doubled since 2009, is because “it’s not a recession, it’s a robbery.” Central bank and government policy has done this, it is no accident.
For more evidence…
Four years earlier, 388 billionaires together held as much wealth as the poorest 50 percent of the world.
Thirty-five of the 80 richest people in the world are U.S. citizens, with combined wealth of $941 billion in 2014. Together in second place are Germany and Russia, with seven mega-rich individuals apiece. The entire list is dominated by one gender, though — 70 of the 80 richest people are men. And 68 of the people on the list are 50 or older.
Oxfam notes that global wealth inequality is increasing while the rich get richer. If trends continue, the organization projects that the richest 1 percent of people will have more wealth than the remaining 99 percent by 2016.
Now here’s the list:
1 | Bill Gates | $76 | USA | Tech | |
2 | Carlos Slim Helu | $72 | Mexico | Telecom | |
3 | Amancio Ortega | $64 | Spain | Retail | |
4 | Warren Buffett | $58 | USA | Finance | |
5 | Larry Ellison | $48 | USA | Tech | |
6 | Charles Koch | $40 | USA | Diversified | |
7 | David Koch | $40 | USA | Diversified | |
8 | Sheldon Adelson | $38 | USA | Entertainment | |
9 | Christy Walton | $37 | USA | Retail | |
10 | Jim Walton | $35 | USA | Retail | |
11 | Liliane Bettencourt | $35 | France | Product | |
12 | Stefan Persson | $34 | Sweden | Retail | |
13 | Alice Walton | $34 | USA | Retail | |
14 | S. Robson Walton | $34 | USA | Retail | |
15 | Bernard Arnault | $34 | France | Luxury | |
16 | Michael Bloomberg | $33 | USA | Finance | |
17 | Larry Page | $32 | USA | Tech | |
18 | Jeff Bezos | $32 | USA | Retail | |
19 | Sergey Brin | $32 | USA | Tech | |
20 | Li Ka-shing | $31 | Hong Kong | Diversified | |
21 | Mark Zuckerberg | $29 | USA | Tech | |
22 | Michele Ferrero | $27 | Italy | Food | |
23 | Aliko Dangote | $25 | Nigeria | Commodities | |
24 | Karl Albrecht | $25 | Germany | Retail | |
25 | Carl Icahn | $25 | USA | Finance | |
26 | George Soros | $23 | USA | Finance | |
27 | David Thomson | $23 | Canada | Media | |
28 | Lui Che Woo | $22 | Hong Kong | Entertainment | |
29 | Dieter Schwarz | $21 | Germany | Retail | |
30 | Alwaleed Bin Talal Alsaud | $20 | Saudi Arabia | Finance | |
31 | Forrest Mars Jr. | $20 | USA | Food | |
32 | Jacqueline Mars | $20 | USA | Food | |
33 | John Mars | $20 | USA | Food | |
34 | Jorge Paulo Lemann | $20 | Brazil | Drinks | |
35 | Lee Shau Kee | $20 | Hong Kong | Diversified | |
36 | Steve Ballmer | $19 | USA | Tech | |
37 | Theo Albrecht Jr. | $19 | Germany | Retail | |
38 | Leonardo Del Vecchio | $19 | Italy | Luxury | |
39 | Len Blavatnik | $19 | USA | Diversified | |
40 | Alisher Usmanov | $19 | Russia | Extractives | |
41 | Mukesh Ambani | $19 | India | Extractives | |
42 | Masayoshi Son | $18 | Japan | Telecom | |
43 | Michael Otto | $18 | Germany | Retail | |
44 | Phil Knight | $18 | USA | Retail | |
45 | Tadashi Yanai | $18 | Japan | Retail | |
46 | Gina Rinehart | $18 | Australia | Extractives | |
47 | Mikhail Fridman | $18 | Russia | Extractives | |
48 | Michael Dell | $18 | USA | Tech | |
49 | Susanne Klatten | $17 | Germany | Cars | |
50 | Abigail Johnson | $17 | USA | Finance | |
51 | Viktor Vekselberg | $17 | Russia | Metals | |
52 | Lakshmi Mittal | $17 | India | Metals | |
53 | Vladimir Lisin | $17 | Russia | Transport | |
54 | Cheng Yu-tung | $16 | Hong Kong | Diversified | |
55 | Joseph Safra | $16 | Brazil | Finance | |
56 | Paul Allen | $16 | USA | Tech | |
57 | Leonid Mikhelson | $16 | Russia | Extractives | |
58 | Anne Cox Chambers | $16 | USA | Media | |
59 | Francois Pinault | $16 | France | Retail | |
60 | Iris Fontbona | $16 | Chile | Extractives | |
61 | Azim Premji | $15 | India | Tech | |
62 | Mohammed Al Amoudi | $15 | Saudi Arabia | Extractives | |
63 | Gennady Timchenko | $15 | Russia | Extractives | |
64 | Wang Jianlin | $15 | China | Real Estate | |
65 | Charles Ergen | $15 | USA | Telecom | |
66 | Stefan Quandt | $15 | Germany | Cars | |
67 | Germán Larrea Mota Velasco | $15 | Mexico | Extractives | |
68 | Harold Hamm | $15 | USA | Extractives | |
69 | Ray Dalio | $14 | USA | Finance | |
70 | Donald Bren | $14 | USA | Real Estate | |
71 | Georg Schaeffler | $14 | Germany | Product | |
72 | Luis Carlos Sarmiento | $14 | Colombia | Finance | |
73 | Ronald Perelman | $14 | USA | Finance | |
74 | Laurene Powell Jobs | $14 | USA | Entertainment | |
75 | Serge Dassault | $14 | France | Aviation | |
76 | John Fredriksen | $14 | Cyprus | Transport | |
77 | Vagit Alekperov | $14 | Russia | Extractives | |
78 | John Paulson | $14 | USA | Finance | |
79 | Rupert Murdoch | $14 | USA | Media | |
80 | Ma Huateng | $13 | China | Tech |
I didn’t provide this list to say whether these people are good or bad. I provide it, because whenever 80 people own as much as the poorest 50% of the globe, we sure better know who they are. We should also be cognizant of the disproportionate influence any of them can have on public affairs should they want to.
In Liberty,
Michael Krieger
[dfads params=’groups=5364&limit=1&ad_html=p&return_javascript=1′]
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G
Follow me on Twitter.

Did anyone notice which country is notably absent from this list?
GB
England!
Yes, where is the UK? France, Italy and Germany are all there…
maybe it is hidden !!!
Funny little list.
These are the people whom the truly wealthy allow to be discussed in public.
The following families own all the 85 people listed on this list:
“the Goldman Sachs, Rockefellers, Lehmans and Kuhn Loebs of New York; the Rothschilds of Paris and London; the Warburgs of Hamburg; the Lazards of Paris; and the Israel Moses Seifs of Rome…”
The truly wealthy (Rothschilds, UK Royal Family, Dutch Queen, and the top owners of the top banks, like the B.I.S. in Switzerland) are rarely, if ever, listed. Why? Because their wealth is so huge that no one really knows how much they have. Their wealth is measured in the TRILLIONS, not billions (a mere bag of shells to these trillionaires…)
Read this and learn: http://www.globalresearch.ca/the-federal-reserve-cartel-the-eight-families/25080
While I won’t dispute that what you said could certainly be the case, this list is still important, as these people certainly spend a lot of money, and certainly directly influence policy.
The “eighty” list is really the next rung down on the wealth list. It is used a lot because many of the people on it are self made, thus perpetuating the myth that wealth is earned. Of course the real “old wealth” is all inherited as is the real power.
Thanks for compiling the list one available info.
One dares suspect that families like the Rothschild own more wealth than this whole list added up.
Who knows, but many of the people on this list actively spend an incredible amount of money to control public policy, so it’s certainly useful.
I was a little surprised to see the category “Extractives” so lightly represented. I thought that was the business they ALL were in…
This ‘list’ is smoke and mirrors, yet again. The ‘most wealthly’ ‘truly powerful’ are not listed. The ‘list’ also does not include those who control vastly more wealth than is listed, but who are not ‘as wealthy’. As others have commented herein, the ‘list’ does not include the ‘most wealthy’ ‘truly powerful’ and ‘omnipotently influential’ controlling families and collectives and Banksters. This is yet another list that – by omission – is designed to be acceptable to those who hold the World by the short and curliest. The names and wealth of the true puppet masters are omitted. Why?
Ahem, yes, where are the Rothschild clan? Between them and the Royals they make the above list look pathetic, which Michael, it is. Bill Gates is just an overpaid CIA errand boy…God regards ill gotten wealth as a stench in his nostrils – it is like a pile of putrefaction – the same way he sees divorce; and when we marry money, we divorce God….
Ian–you may be interested in the Doctrine of the Lesser Magistrates.
God bless and take care!
Well said Ian, but something tells me their time is running out, they do nothing on a grand scale to alleviate poverty.
Why does no one ever mention the Rothchilds, Rockefellers and the like of this group since they are all more wealthy than that entire list of people???
I did!
I wonder how the author got a hold of the financial statements of 3.6 billion people. He must be a tireless researcher!
All the source data can be found in these reports. Enjoy: https://www.credit-suisse.com/uk/en/news-and-expertise/research/credit-suisse-research-institute/publications.html#
Where is Queen Elisebeth? She’s worth 17 Trillion. She is the biggest Land owner on the Planet.
The Queen doesn’t own all the land in the Commonwealth.
Look it up.
Try “Magna Carta”
Although this article is basically crooked ..as several people have pointed out as the really rich and influential are not on it your remark about Queen Elizabeth being worth 17 trillion is so ridiculous that it spoils thearticle completely.
There have been many indepth examinations of the Queens wealth and they all end with her being worth about 600,000,000 dollars .about the same as Paul Macartlney .
The Queen does not own Buckingham Palace or Windsor Castle or the Crown Jewels etc.She has a pprivate house in Norfolk and the Prince of Wales has theDuchy of Wales that brings in about 30,000,000 dollars a year. Other European monarchs are much richer than the UK queen but they arestill only have a billion or two.
Yeah, I wondered about that, like maybe someone was pretending she owned the UK or maybe the Common Wealth, but I’m lots lazier than you, so I didn’t chase down the facts.
Just for accuracy, the Prince of Wales (Charles) has income from the Duchy of Cornwall.
Why no mention of the “names” behind the various central banks across the world?
So, nothing much has changed in the last 5000 years really.
“Oxfam notes that global wealth inequality is increasing while the rich get richer. If trends continue, the organization projects that the richest 1 percent of people will have more wealth than the remaining 99 percent by 2016.”
Happy 2016???
Wow! they ‘deserve’ their hard earned wealth! don’t they?
But the real issue is what to do about this obscene inequality. And the problem is that although many people are “concerned”, to say the least (even Christine Lagarde head of the IMF claims to be). , when it actually comes to it, there seems to be no political will to implement the necessary remedies ie an effective wealth tax, inheritance tax, land tax, high income tax, a fiscal transactions tax etc etc. Thomas Piketty notes that in the US, around the turn of the 19th century , the top rate of income tax was around 80 percent. It was done before, let’s do it again.
I don’t suppose South Africa even has a “wiff” on a chance then of getting on to this list……!!
Jacob Zuma and Cyril Ramaposa have a race to fill that spot with the demise of the Oppenheimer’s, I’m just guessing.
For those who are wont to say, “Tax them 100% and give away their wealth to the rest of the world!”, note that if you confiscated $941 billion from the richest Americans and spread it around, each of the world’s seven billion [people would get only $134. In other words, taxing the heck out of the rich does not make the poor less poor.
… for longer than it takes to get a case of beer, tank of gas and some lottery tickets.
give me some to pay off my debts,please!
Silly rabble!
Scrips are for Kings!
This is just the list of the flunkies – where are Rothschild, Rockefeller, Lazar, Windsor, Leviev, yada, yada…? When the world is bankrupted all the lands (and arms) will be held in trust by the UN – well, that is the plan – and who dreamed up the UN? If you really think that Bill Gates is the wealthiest man on the planet, you do your readers a gross disservice and perpetuate an urbane myth.
There is not ONE single honest rich man on the planet. Because one would have to swindle alot of people to get there. Sure. Maybe a few win the lotteries or casinos. But greed grows. It is the absence of money that makes a person good. Goes in one hand and out the other. No time to get your hands dirty. But filthy rich people hoarde resources. They praise social status and all things that are an abomination to a virtuous existence. To them, their lives are simple and virtuous. But they are BLINDED by their own ignorance.
The wealthy need to be exterminated from Earth. Every single one of them. The Rockefellers, Rothschilds, Gates, the list goes on. They have been screwing the people for far too long and for profit. With all the wars and hoaxes and tragedies they have used for financial gain. And the Bilderberg club only grows. Seriously folks. Arent you sick of it yet?
The way to stop these people is to take away the value of their money. In the case of America, KILL THE VALUE OF THE DOLLAR. This will not only cause many rich people to crash and burn. But it will also cause the rest to convert to a different currency. Thus running them out of our culture.
Will we feel implications? Of course. But at least we will be able to begin rebuilding our society the way it should be. If a million families can go off the grid and become self sufficient, then there is no reason why our country cannot become self contained again. Relying less on imports and more on MADE IN USA. We dont need 3/4 of what we bring into this country. Just a bunch of junk that serves no purpose other than to make everyone material and selfish. We deserve to feel pain right now. Our ignorance earned it. But the only way out is to face reality. And run the rich out of this country.