Some of the prominent Business Magnates and Tycoons in Asia,

Africa and Europe

Bernard Jean Étienne Arnault (France)

Bernard Jean Étienne Arnault (born 5 March 1949) is a French

business magnate and art collector.

The value of his net worth is uncertain as according to Forbes in 2012

he was the fourth richest person in the world with a net worth of $41

billion but according to the Billionaires Index, in January 2013 he was

the 18th richest person in the world with an estimated net worth of

$24.1 billion.

Amancio Ortega Gaona (Spain)

Amancio Ortega (born 28 March 1936) is a Spanish fashion executive

and founding chairman of the Inditex fashion group, best known for

its chain of Zara clothing and accessories retail shops. His net worth

is uncertain as according to Forbes The World's Billionaires List, in

2012 his net worth was $37.5 billion but the Bloomberg Billionaires

Index lists Amancio Ortega Gaona as the world's third richest person

with assets of US$58 billion.

Karl Hans Albrecht (Germany)

Karl Hans Albrecht (born 20 February 1920) is a German

entrepreneur who founded the discount supermarket chain Aldi with

his brother Theo. As of October 2012, Albrecht is listed as one of the

richest people in the world with an estimated net worth of US$22.6

billion.

Strategic Management Spring 2013

Giorgio Armani (Italy)

Giorgio Armani (born 11 July 1934) is an Italian fashion designer,

particularly noted for his menswear. He is known today for his clean,

tailored lines. He formed his company, Armani, in 1975, and by 2001

was acclaimed as the most successful designer to come out of Italy,

with an annual turnover of $1.6 billion and a personal fortune of $7

billion as of 2012.

Stefan Persson (Sweden)

Stefan Persson (born 4 October 1947) is a Swedish business magnate.

He is the current chairman and main shareholder in fashion company

H&M, which was founded by his father Erling Persson. Stefan took

over the company in 1982 and served as its chief executive officer

until 1998. As of October, 2012 According to the Bloomberg

Billionaires Index, Persson had a net worth US $23.5 billion, making

him the 17th richest person in the world.

Al Waleed Bin Talal (Saudi Arabia)

Al Waleed Bin Talal (also spelled Waleed bin Talal) (born 7 March

1955) is a Saudi Arabian business tycoon and investor. He is a

member of the Saudi royal family.

He is the founder, CEO, and 95%-owner of Kingdom Holding

Company. As of March 2012, his personal wealth was estimated to be

US $18 billion. Arabian Business ranked him as the most influential

Arab in the world. As of January 2013, the Bloomberg Billionaires

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Index listed Talal as the 10th-richest man in the world, with an

estimated net worth of US $28.7 billion.

Alisher Burkhanovich Usmanov (Russia)

Alisher Burkhanovich Usmanov (born 9 September 1953, Chust,

Namangan Province, Uzbek SSR, USSR) is an Uzbek-born Russian

business magnate. According to the 2011 edition of Forbes magazine,

the oligarch Alisher Usmanov is Russia's richest man, with a fortune

estimated at $18.1 billion, and the world's 28th richest person. As of

December 2012, according to the Bloomberg Billionaires Index

Usmanov has an estimated net worth of 17.3 billion making him the

39th richest person in the world.

Azim Hashim Premji (India)

Azim Hashim Premji (born 24 July 1945) is an Indian business tycoon

and philanthropist who is the chairman of Wipro Limited, guiding the

company through four decades of diversification and growth to

emerge as one of the Indian leaders in the software industry.

According to Forbes, he is currently the third wealthiest Indian, and

the 41st richest in the world, with a personal wealth of $12.2 billion in

2012.

Robert Kuok Hock Nien (Malaysia)

Robert Kuok Hock (born 6 October 1923 in Johor Bahru, Johor), is an

influential Malaysian Chinese businessman. According to Forbes his

net worth is estimated to be around $14.7 billion on Feb 2012, making

him the richest person in Malaysia.

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Robin Li (China)

Robin Li (born November 17, 1968) is a Chinese Internet

entrepreneur. He is the co-founder of China's most popular search

engine Baidu and is ranked as the second richest man in China with a

net worth of $10.2 billion.

Nicholas F. Oppenheimer (South Africa)

Nicholas "Nicky" F. Oppenheimer (born 8 June 1945) is a South

African businessman, the chairman of the De Beers diamond mining

company and its subsidiary, the Diamond Trading Company. He also

has a large financial interest in the diversified mining company Anglo

American. In 1999 he joined forces with two of his friends to form

Greene and Partners Investments a venture capital firm which has

funded a diversity of projects within South Africa and around Africa.

In November 2011 the Oppenheimer family sold the entirety of their

40% stake in De Beers to Anglo American.

Strategic Management Spring 2013