Alfa Group is Russia's biggest financial and industrial investment group holding interests in oil and gas, commercial and investment banking, asset management, insurance, retail and telecommunications. Both of the brother’s assets reached a whopping $10 billion in no time. Perenco produces about 375,000 barrels of oil equivalent per day (boepd) from its hydrocarbon exploration and production operations in Africa, Latin America, Turkey, United Kingdom and Vietnam. 3. The combined wealth of the top 46 Canadian Billionaires … Oil remains king among the … Continental Resources, one of the top ten independent oil producing company in the US, produces nearly 150,000 of crude oil per day. He is just one of the more than dozen oil and gas billionaires from Texas. He owns the Group privately and it is involved in the ownership of several oil, gas and metal companies. Basically, if you choose the right career and work very very hard, you, too, can become one of the world's wealthiest people. He is also the richest person in India and ranks 27th among the world's richest billionaires. Lukoil's proven reserves as of 2013 stood at 13.38 billion barrels of oil and 23.48 trillion cubic feet of gas. Charles & David Koch, USA. He is not just the richest Indian person but the richest man in Asia and occupies the 17th position in the list of the richest person in the world as of today. Mukesh Ambani. 2. Umaru Abdul Mutallab: Former Chairman First Bank Plc, Mutallab Group. Charles Koch, CEO of Koch Industries, and his brother executive vice president David Koch, of Koch Industries have an estimated net worth of $40.6bn each, making them the richest … By 2002, the company had $50 million in assets. By . Hubert Perrodo, the founder of Perenco, died in 2006 and his son Francois currently chairs the family-owned company. In 2015, Hildebrand gave every single one of his 1,399 employees a bonus of $100,000. At this level, Putin already stands among Forbes’ Top 10 rankings of the world’s richest billionaires, though the magazine commented in 2015 that it could not verify enough of his assets to put him on the list. Dan Duncan, Sr. co-founded Enterprise Products Company in 1968. The Sultan is believed to be worth US$40 billion at the low end, and while ‘his' holdings officially belong to Brunei, in reality they belong to the royal family. Hunt Consolidated owns massive tracts of land in the south, as well as multiple hotels and commercial complexes. He is just one of the more than dozen oil and gas billionaires from Texas. ... "Richest billionaires" Texas’ 38 Richest Billionaires. Some used it to pay their kids' college tuition, others to pay off debt, and still others to buy a home. Harold Hamm of Continental Resources has a net worth of $13.7 billion. Richard Kinder of Kinder Morgan has seen his net worth rise more than 30% over the past year to $11 billion. ... Oil and industry Mikhail Fridman: 10.9 billion: Industry 2017 British billionaires list by Forbes magazine. To be fair, the bonuses were tied to company goals. Reliance Industries holds interests in petroleum exploration, production, refining, marketing as well as petrochemicals, textiles, telecommunication and retail businesses. Receiving a $100,000 check was life-changing for many of the company's employees. Aug 23, 2014 - The oil and gas industry is one of the most lucrative in the world, and countless people have become unmentionably wealthy by extracting, refining … Mikhail Fridman, one of the original founders and controlling share holders of Alfa Group, Russia's biggest financial and industrial investment group holds interests in a diverse range of businesses including oil and gas, commercial and investment banking, asset management, insurance, retail and telecommunications. He has a net worth of $6.1 billion. The world’s richest people in oil and gas: Ranking the top five. World rank Name Net worth Carrie Perrodo & family of France who inherited Perenco, an independent oil and gas company operating in 15 countries, are estimated to have a net worth of $11bn. The lists are incomplete. He and partner Ray Davis launched  Energy Transfer Partners in 1995 by buying a bankrupt pipeline company. Hunt inherited his father's fortune and has continued to grow the family business. Volga Group holds 23% stake in the Russian natural gas producer Novatek, 50% stake in Petromir which operates Angaro-Lenskoe gas field in the Irkutsk region and 80% stake in Transoil, one of the biggest private companies in the country. The average net worth of these Texas oil and gas billionaires is $4.1 billion. Vagit Alekperov. Vardis Vardinogiannis, Greek oil and shipping tycoon, is ranked #1744 on the list, with a total fortune of $1.3 billion.He is the chairman and controlling shareholder of Motor Oil Hellas, Vegas Oil and Gas and involved in numerous other shipping and business interests. Offshore-technology.com has released a list of the top 10. 5. There are many ways to become a billionaire: you can run a hedge fund, launch a tech startup, be a real estate developer and even win the genetic lottery and inherit your fortune. The average net worth of these Texas oil and gas billionaires is $4.1 billion. The company owns gas/petrol stations and fuel storage depots and manufactures its own line of engine oils. With a net worth of $19.2bn, Harold Hamm, the chairman and the CEO of Continental Resources is the world's third richest oil and gas billionaire. 2. George Bishop, CEO of GeoSouther an oil producing company, has a net worth of $3 billion. He has a net worth of approximately $16.9bn. Mohammed Al Amoudi, the chairman, CEO and the sole owner of MIDROC, an international holding company with substantial interests in petroleum, agribusiness, construction, tourism, as well as trade and investment, has a net worth of $14.4bn and is the second richest person in the country. The Texas billionaire is the co-founder and CEO of Energy Transfer Partners (ETP), the company is building the controversial Dakota Access Pipeline at Standing Rock, North Dakota. Kelcy Warren also made the list of the country's wealthiest, with a net worth of $6.4 billion. The company produced 1.81 million barrels of oil and 396,000 barrels of oil equivalent (boe) per day in 2012 from 25,873 oil wells and 312 gas wells. Industry: Oil & Gas. That's what these men did. The Koch brothers – Charles and David – are two of the wealthiest people in the U.S. each are worth $40 billion. Originally engaged solely in oil refining and chemicals, Koch Industries now also deals in process and pollution control equipment and technologies; polymers and fibers; minerals; fertilizers; commodity trading and services; forest and consumer products; and ranching. Of the 565 billionaires in the United States, more than a dozen of them made their money in oil and gas. With a net worth of $19.2bn, Harold Hamm, the chairman and the CEO of Continental Resources is the world's third richest oil and gas billionaire. Mukesh runs around $88 billion revenue oil and gas giant reliance industries ltd. MIDROC owns and operates approximately 1,000 petrol stations in Sweden, Saudi Arabia and Lebanon. The Koch brothers together hold 84% stake in Koch Industries whose oil and gas business subsidiaries include the Flint Hills Resources, which operates refineries in Alaska, Minnesota and Texas. Kinder is the former president and COO of Enron. John Arnold began his career as a trader for Enron, and was so successful, that when Enron collapsed in 2002 he was able to use his earnings to create his own energy hedge fund, Centaurus Advisors, LLC. Vagit Alekperov, the president and the biggest shareholder of Russia's biggest independent oil company Lukoil, is estimated to have a net worth of $13.2bn. Three of the 100 richest Americans are from the oil and gas industry. 10 Alexei Kuzmichev: $8.2 Billion Vekselberg is founder and President of Renova Group. Oil and Gas News, Analysis and Insights around Energy. Rich Kinder, chair of oil and gas pipeline giant Kinder Morgan, held his place as Houston's richest billionaire, ranking No. Joe Biden is president-elect: what now for US oil and gas? We use cookies to ensure that we give you the best experience on our website. Two British Pakistanis in list of 20 richest Asian billionaires in UK. Mike Adenuga Kinder is the former president and COO of Enron. It operates the world's biggest refinery, Jamnagar oil refinery and owns India's biggest natural gas field KG-D6 in the Krishna-Godavari Basin in Bay of Bengal. Gennady Timchenko. Koch Pipeline Company owns or operates about 4,000 miles of pipelines in the US, while Koch Alaska Pipeline Company owns majority stake in the Colonial Pipeline Company. They made their fortunes in black gold, Texas tea, or, in other words, the oil and gas industry. Harold Hamm. Natural-gas driller Rodney Lewis, 60, the founder of Lewis Energy, is the second-richest San Antonian, with a net worth of $2.4 billion, and is tied with others at No. With an estimated net worth of $39.5 billion, David Thomson, chairman of media and publishing group Thomson Reuters Corp., is the wealthiest person in Canada, that’s according to CEOWORLD magazine’s Canada Rich List Index For 2020. His investments ranges from marine, financial services, real estate and even in the oil and gas sector. He runs the biggest oil and gas companies in India in addition to a very popular and influential telecom network in India. This self-made billionaire is the richest person in Oklahoma and one of the richest people in America. Hamm built his net worth as a key player in Hiland Partners and Hiland Holdings as well as the Oil-exploration company, Continental Resources. Gennady Timchenko, the sole shareholder of Volga Group that mainly invests in energy, transport and infrastructure assets, has a net worth of $14.5bn. The Sultan is believed to be worth US$40 billion at the low end, and while ‘his’ holdings officially belong to Brunei, in reality they belong to the royal family. Currently, Oba Otudeko is the owner of the Honeywell Group and chairman of FBN Holding Plc. At $11bn, German Khan, one of the founders and controlling share holders of Alfa Group, is the world's ninth richest billionaire in oil and gas. MIDROC owns 70% stake in National Oil Ethiopia and maintains major petroleum refining and retail investments in Sweden, Saudi Arabia, Morocco and Lebanon, through its subsidiary CORRAL Petroleum Holdings. He left Enron to launch his own energy company with former classmate, William V. Morgan, and they subsequently purchased Enron Liquids Pipeline for $40 million, then merged it with KN Energy. Three gas fields namely, Yurkharovskoye, East-Tarkosalinskoye and Khancheyskoye accounted for more than 80% of total production volumes during the year. Hamm made headlines in 2014 when he divorced his wife and paid her a $1 billion settlement. Hilcorp Energy's Jeffrey Hildebrand not only made the list of wealthiest Americans with a net worth of $5.7 billion, his company was also named one of the 50 best places to work—and we can see why. Related Articles. How The Duncan Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth Of $26 Billion. Richard Kinder of Kinder Morgan has seen his net worth rise more than 30% over the past year to $11 billion. Vast reserves of oil and natural gas have made Sultan Hassanal Bolkiah of Brunei one of the richest leaders in the world. Five of the world’s ten richest oil and gas billionaires are from Russia; two are based in the US, while surprisingly only one hails from the Middle East. George Kaiser is a leading American businessman and philanthropist presently worth ~$7 billion at the age of 77. Koch Exploration Company acquires, develops and trades hydrocarbon properties in the US, Canada and Brazil. 1. This is a list of British billionaires based on an annual assessment of wealth and assets compiled by The Sunday Times and by Forbes magazine. The company also owns the Swedish oil and gas company Svenska Petroleum Exploration. Hamm holds a 70% stake in the company and is among the top 40 richest billionaires in the world. The company went public in 1988, and by 2010, Enterprise was in charge of almost 50,000 miles of pipeline. The CEOWORLD magazine Quarterly Rich List 2020 has revealed Canada’s wealthiest people. Modular Software and Mobile Applications for Offshore Project Management, PLATULAR® All-Welded Plate Heat Exchangers, Downhole Gyro-Surveying Systems and Borehole Survey Instruments, 25 August 2014 (Last Updated January 31st, 2020 07:43). Forte said its shares rose in 2014 due to new investments in power generation and distribution. ADNOC and ExxonMobil sign deal to explore technology R&D opportunities, Oil prices gain as rollout of Covid-19 vaccine begins, Equinor awards platform supply vessels contracts to Havila. Here is the list of the top 10 billionaires in the oil and gas sector in the U.S. 10. Vast reserves of oil and natural gas have made Sultan Hassanal Bolkiah of Brunei one of the richest leaders in the world. Alfa Group sold its 25% stake in the Russian oil company TNK-BP to Rosneft for $13.86bn in March 2013 and created a new investment vehicle called LetterOne Holdings in Luxembourg using proceeds from the sale. Murtaza Ali Shah. He is the second richest Jew in Russia. With oligarchs who model themselves on The Godfather and owners of some of the largest houses in the world, our top ten list of the richest oil tycoons is not one to be missed! Pipeline mogul Dan Duncan, Jr. of Enterprise Pipeline Partners and his three siblings made the list of the wealthiest Americans with a net worth of $5.7 billion. German Khan received $3.3bn in cash from the sale of oil company TNK-BP, in which Alfa Group sold 25% stake to Rosneft in 2013. 5. Their oil division, Hunt Oil, is one of the biggest private energy companies in the United States. For individuals and businesses, petrol prices affect their daily spending and profit margins. Asia richest people list consist of self-made billionaires, farmers, tech entrepreneurs, oil tycoons, retailers, sports investors, and real estate moguls. Charles Koch, CEO of Koch Industries, and his brother executive vice president David Koch, of Koch Industries have an estimated net worth of $40.6bn each, making them the richest Oil & Gas billionaires and the world's sixth richest overall. Viktor Vekselberg is another Jewish billionaire in this list. Novatek produced 62.2 billion cubic meters of natural gas in 2013, accounting for 9.3% of total Russian natural gas production. He invested the same money in LetterOne Holdings, a new holding company created by Alfa Group shareholders to invest in foreign oil and gas assets. Ray Lee Hunt is the chairman of Hunt Consolidated, which has interests in oil, real estate, utilities and investment. If you continue to use this site we will assume that you are happy with it. The new company holds the group's foreign assets and handles foreign acquisitions especially in oil, gas and telecommunications industries. 4. Below are the Top 10 Richest People in Oil and Gas; 1. Vast reserves of oil and natural gas have made Sultan Hassanal Bolkiah of Brunei one of the richest leaders in the world. Meet the Oil and Gas billionaires of the Nigerian Stock Exchange. The oil and gas industry plays a critical role in Nigeria’s economy. The Harvard Business School alumni … Offshore-technology.com profiles the world’s richest oil and gas tycoons based on Forbes’ calculations of net worth as of the end of July 2014. Who are the richest oil and gas billionaires around the world? For the government, it is a key source of revenue. John Arnold of Centaurus Energy Advisors is another oil and gas billionaire from Texas. John Arnold Net Worth; The Koch brothers – Charles and David – are two of the wealthiest people in the U.S. each are worth $40 billion. Dan passed away in 2010 and left his massive wealth to his four children. He is the controlling shareholder of Forte Oil, with a 78% stake. Submit a correction suggestion and help us fix it! Leonid Mikhelson. Richest oil and gas billionaires ranking the top 10 in the world. The majority of its production comes from the Bakken and Three Forks reservoirs located in Montana and North Dakota. Leonid Mikhelson, who owns 25% stake in the Russian natural gas producing company Novatek, has a net worth of $14.8bn. Top 10 richest people in the world, top Billionaires BI India Bureau. Hunt Oil, their energy arm, has made massive deals in Yemen and other parts of the Middle East. The 61-year old Russian businessman had also co-owned the energy trading company Gunvor Group until he sold his 43% stake to his business partner Torbjorn Tornqvist in March 2014. His net worth of $2.9 billion was made in energy trading. Mikhelson also holds significant stakes in the chemical holding company Sibur and the bank Pervy Obyedinenny. © 2020 Celebrity Net Worth / All Rights Reserved, © 2015 Celebrity Net Worth / All Rights Reserved. No one has made a greater fortune from the North American Oil and Gas Boom than Harold Hamm.The founder and CEO of Continental Resources is responsible for cracking the code of the Bakken — the vast formation of oil-bearing rock that sits beneath much of North Dakota and Montana. These Are The Richest People In Each State Right Now. After Hamm on the list of American oil and gas billionaires comes Phil Anschutz and George Kaiser, with fortunes of $10 billion each (tied for 109th). William Herbert Hunt-$4 Billion. Otedola is the third richest man in Nigeria. Capturing the light: inside Norway’s Northern Lights CCS project, GlobalData Epidemiologist Report: Global Covid infections pass 69.7 million – Germany considers full lockdown, PetroRio acquires stake in two Campos Basin offshore blocks from BP, PetroRio agrees to sell 10take in Manati gas field offshore Brazil, Tourmaline Oil acquires Jupiter Resources for $479m, Japan to launch oil and gas policy reviews ahead of carbon neutral targets, Trump pushes on with Alaskan nature reserve drilling auction, OPEC+ agrees to increase oil production by 500,000bpd from January 2021, Denmark to cancel all new oil and gas exploration by 2050, Eni and Saipem join forces for decarbonisation efforts in Italy. How he made his fortune: Kaiser's parents developed an oil and gas operation in Oklahoma, Kaiser-Francis Oil Co. in 1940s, which he took over in 1969. The Richest Person In America's 50 Largest Cities. This self-made billionaire is the richest person in Oklahoma and one of the richest people in America. Hamm holds a 70% stake in the company and is among the top 40 richest billionaires in the world. The Richest Oil And Gas Billionaires In The World. Many of the oil and gas billionaires live in Houston, while in Dallas, 10 of the city's 22 billionaires made their fortunes in the oil industry. In November 2013 George received a huge payday after Devon Energy decided to give $6 billion in cash for the 82,000 acres of Eagle Ford shale oil fields operated by his little-known, low-profile company, GeoSouthern Energy. 12. Mukesh Ambani, the chairman and 44% shareholder of India's biggest private sector company Reliance Industries, has a net worth of $22.6bn. The Koch brothers are co-owners of Koch Industries. The 63-year old Alekperov ranks as the seventh richest billionaire in Russia. Has released a list of 20 richest Asian billionaires in the world self-made billionaire is the owner the! 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