Romania has six representatives in the ranking of the world’s billionaires published on Tuesday by Forbes magazine, and three of them made their businesses in the field of technology and they now live in the United States: Daniel Dines, Ion Stoica and Matei Zaharia. The former tennis player Ion Ţiriac and the co-founders of Dedeman, the Dragoş and Adrian Pavăl brothers, are also present. Each of them has a fortune estimated by Forbes at over 1.2 billion dollars, the first place in the list being the founder of the first Romanian unicorn, UiPath, meanwhile moved to the States: Daniel Dines, with 2.7 billion dollars. The richest people in the world are Bernard Arnault, Elon Musk and Jeff Bezos.
The planet has a record number of 2,781 billionaires who are worth a record 14,200 billion dollars
The Romanians in the ranking:
He is the richest Romanian Daniel Dines (52 years old), the co-founder and CEO of the technology company UiPath, the first unicorn started in Romania. He has a fortune estimated by Forbes at 2.7 billion dollars. The richest Romanian only occupies the 1,238th place in the ranking that includes 2,781 people with assets of at least one billion dollars. UiPath is a robotic process automation company that listed on the New York Stock Exchange in April 2021. Dines founded DeskOver in 2005 in Bucharest, Romania. It later renamed the company UiPath and moved its headquarters to New York in 2018. UiPath expects $900 million in revenue in the year ending January 2022; the company has yet to turn a profit.
The second Romanian on the list is Ion Tiriac (84 years old), with a fortune of 2.1 billion dollars. The former tennis player heads the Tiriac Group, which has businesses in real estate, automotive, financial services and more. It ranks 1,545th in the Forbes ranking.
The next Romanian on the top, ranked 1,623 in the Forbes ranking, is Dragos Paval, with a fortune of 2 billion dollars. Dragoș Pavăl and his brother, Adrian, own Dedeman, one of the most important Romanian retailers of construction materials and DIY products for the home.
by the way Adrian Paval (55 years old) is the next Romanian in Top Forbes, with a fortune estimated at 1.4 billion dollars and is on the 2,152nd place in the list of billionaires. Forbes notes that the Pavăl brothers also own shares in several Romanian listed companies and a portfolio of real estate properties in Bucharest and the northern city of Cluj.
The next Romanians in the ranking are Ion Stoica (59 years old) and Matthew Zacharias (38 years old) who together occupy the 2,410th place in the ranking, each having an estimated fortune of 1.2 billion dollars. Ion Stoica is co-founder and executive chairman of software startup Databricks, valued at $38 billion in August 2021. Investors include cloud giants Microsoft and Amazon. He was the original CEO from its inception in 2013 until early 2016, when he relinquished the position to co-founder Ali Ghodsi. Prior to Databricks, Stoica co-founded video streaming start-up Conviva. He is also a professor of computer science at UC Berkeley. Lives in Berkeley, California
His business partner, Matei Zaharia, is co-founder and CTO of software startup Databricks, valued at $38 billion in August 2021. Investors include Microsoft and Amazon. Forbes notes that he is the brain behind the popular Apache Spark analytics engine, which was conceived while he was a 24-year-old PhD student at UC Berkeley. Spark set a world record for data sorting speed in 2014 and earned Zaharia an award for the best computer science dissertation of the year. In 2013, Zaharia and six UC Berkeley collaborators co-founded Databricks, whose software is built on Spark. He led the development of several new AI features beyond Spark.
Forbes: The super-rich, richer than ever
Fobes notes that it’s been a year of glory for the world’s mega-rich, with the publication identifying an unprecedented 2,781 billionaires worldwide for this year’s list – 141 more billionaires than in 2023 and 26 more than the record previously set in 2021. The super-rich are also richer than ever, with their combined wealth reaching $14.2 trillion – $2 trillion more than just a year ago and $1.1 trillion dollars above the previous record, also set in 2021.
Money is concentrated at the top. There are now a record 14 people in the $100 Billion Club, the elite group of people whose fortunes stretch into 12 figures. This is up from just one four years ago. These lucky few are worth a total of $2 trillion, which means that just 0.5% of the world’s 2,781 billionaires own 14% of all billionaire wealth.
The richest of them all is Bernard Arnault, which holds the No. 1 spot for the second consecutive year. The French king of luxury goods is worth an estimated $233 billion, $22 billion more than in 2023, thanks to another record year for his conglomerate LVMH, the company behind brands such as Louis Vuitton , Tiffany & Co. and Sephora. He is $38 billion richer than the world number 2, Elon Musk, which is worth an estimated $195 billion. Immediately after him, in 3rd place, is Jeff Bezos from Amazon, who has an estimated fortune of $194 billion. Forbes used stock prices and exchange rates as of March 8, 2024 for this year’s ranking
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