Hurun Global Rich List 2014 – US Dollar World Billionaires

Hurun Global Rich List 2014

The Hurun Global Rich List 2014, is a ranking of the US dollar world billionaires.  Wealth calculations are a snapshot dated 17 January 2014.  This is the third year that Hurun Report has released a ranking of the dollar billionaires in the world, the so-called ‘Nine-Zero Club’.

The Hurun Global Rich List 2014 ranked 1867 billionaires from 68 countries.

US stock markets 33% resurgence was the major driver for a record year for the world’s billionaires. Of the 1867 billionaires, 946 saw their wealth increase – 152 saw their wealth increase by over 50% – and there were 482 new faces.  Only 318 individuals saw their wealth decrease and 123 remained unchanged.

The total wealth of the 1867 billionaires amounted to a staggering US$6.9 trillion, more than the GDP of Japan, the third largest global economy.

The average age is 64, up one year from last year.

One in nine is female, compared with one in ten last year.

Over half self-made women are Chinese.

Top Ten – Hurun Global Rich List

    • At 59, Bill Gates shot back up to Number One with a fortune of US$68bn, up US$14bn on the past year, mainly on the back of strong gains in his investments. Gates stepped down as chairman of Microsoft this year, leaving him more time for his philanthropy.
    • Warren Buffett, 84, was second the second year running, growing 10% to US$64bn
    • Zara founder Amancio Ortega, 78, was third for the second year running, growing 13% US$62bn.
    • Carlos Slim Helu, 75, lost the top spot that he had been holding for the past two years, after seeing his wealth drop by US$6Bn, mainly on the back of a 9% drop in the value of America Movil and a weak Mexican Peso. US$60bn.
    • Larry Ellison, 70, saw his wealth increase by US$5bn, thanks to a 25% gain in Oracle’s stocks. The bulk of his fortune comes from his 23% stake in Oracle. US$48bn.
    • Bernard Arnault, 65, the ‘King of Luxury’, saw his wealth drop by US$5bn, on the back of an 11% fall in LVMH. US$46bn.
    • Jeff Bezos, 51, of Amazon broke into the Top 10 for the first time, after Amazon surged 30% Bezos is the youngest member of the global top ten. US$37bn.
    • ‘Casino King’ Sheldon Adelson, 81, broke into the Top 10 for the first time, after Las Vegas Sands surged 67%. US$36.5bn.
    • Charles Koch & David Koch took joint 9th place with a net worth of US$36bn

Where they live – Hurun Global Rich List 2014

The USA: Ranks No 1 with 481 billionaires; 72 more than 2013. Technology, Media and Telecoms (TMT) overtook investments to become the main source of wealth for American billionaires, followed by retail. TMT, investments and retail made up 113, 108 and 56 billionaires respectively. The combined wealth of the US billionaires was US$2.2 trillion. New York is America’s (and the world’s) city with the highest concentration of billionaires, with 84, followed by San Francisco and LA on 24 and 20 respectively. The USA is also the world’s capital for immigrant billionaires, attracting 42 billionaires.

China:Despite a lacklustre real estate sector, China has added 41 new billionaires to consolidate its second position with 358 billionaires behind the USA. Real estate, manufacturing and investments made up over 60% of the wealth generated. IT and entertainment were the fastest growing. Beijing and HK led the way with 57 and 49 respectively, followed by Shenzhen, Shanghai and Hangzhou on 27, 24 and 19. Average age is 56 years, 8 years younger than the average age of the Hurun Global Rich List. Total wealth US$963bn.

Russia: Comes in third with 103 billionaires; 16 more than 2013. All are self-made. The most popular sectors are energy, real estate and manufacturing with 24, 13 and 11 billionaires respectively. Moscow is home to 77 billionaire, the second highest in the world. Combined wealth of the Russian billionaires comes to US$390bn. Overall wealth of Russian billionaires grew by 6%.

UK: Up one place to 4th place with 78 billionaires, 22 more than 2013. London is the overwhelming city of choice for 48 billionaires followed by Slough for 4 billionaires. Retail, real estate and TMT are the biggest wealth creators with 14, 13 and 9 billionaires respectively. Combined wealth of US$262 million. Overall wealth of UK billionaires dropped by 16%.Ukrainian-born Leonard Blavatnik and India-born Lakshmi Mittal are the richest people living in the UK.  Richard Branson with US$5.8bn is the richest self-made Brit.

India: Up one place to No 5 with 70 billionaires, 17 more than 2013. Manufacturing, pharma and TMT are the preferred sectors with 17, 12 and 10 billionaires respectively. Combined wealth of the Indians billionaires comes to US$390bn. Mumbai is headquarters to most of the Indian billionaires. Mukesh Ambani (US$18bn, rank 41) is the richest Indian. 15 Indians live outside of India, the highest proportion of any country. This past year, the Indian Rupee weakened by 12% against the US Dollar, making it harder for Indians to make the cut-off.

Germany: Dropped down two places to No 6 with 66 billionaires, despite having 5 more than 2013.Karl Albrecht is the richest German (US$29bn, rank 22). F&B, retail and TMT are the most popular sectors with 16, 11 and 11 billionaires respectively. Hamburg is the preferred city with 9 billionaires living there.

Switzerland: 7th with 56 billionaires, 15 more than 2013. The No 1 city for billionaires is Geneva. Preferred sectors are pharma, luxury and manufacturing with 9 billionaires each. Combined wealth of the Swiss billionaires cumulates to US$203bn.

Brazil: 8th with 48 billionaires, 15 more than 2013. Combined wealth of the Brazilian billionaires totals US$167bn. Financial services is preferred industry with 12 billionaires followed by F&B and Real Estate with 7 billionaires each.

Japan: 9th with 43 billionaires, 21 more than 2013, despite the Yen losing 6% against the dollar. Combined wealth of the Japanese billionaires cumulates to US$138.2bn. The preferred sector is TMT with 15 billionaires followed by retail with 11. Tokyo is the preferred city.

France: 10th with 37 billionaires., 6 more than 2013. Combined wealth of the French billionaires is US$270bn. The preferred sector is luxury with 10 billionaires followed by F&B with 7 billionaires. Paris is the most preferred city.

For more details see: http://www.hurun.net/usen/NewsShow.aspx?nid=2489

The Power 1000 – London’s most influential people 2013: Deal makers, The City

Optimism is in the air as the economy shows signs of recovery and the stock market is buzzing after a string of big-money flotations and takeovers. A continued influx of international money — not to mention foreign bankers and tycoons — is helping London maintain its reputation as Europe’s premier global financial capital.

The Power 1000 list contains London’s most influential people of Dealmakers in the City:

CityofLondonDragon

 

Mark Carney
Bank of England, Governor
NEW ENTRY
The capital’s most high-profile import this year has brought a breath of fresh air to the warren-like and deeply traditional Bank. Hand-picked by the Chancellor to resuscitate the British economy with a fresh approach to monetary policy, Clooney lookalike Carney learned to deal with hard knocks in his ice hockey days. Initially doubtful about the role, in summer the former Bank of Canada governor returned to the capital where he once worked for Goldman Sachs. Accompanying him is his economist wife Diana, whom he met at Oxford, and their four daughters.

Michael Sherwood
Goldman Sachs International, co-chief executive
North London born and bred, Sherwood is a huge figure in Goldman — not only in the City but also as the “Vampire Squid” bank’s vice-chairman on Wall Street. He is seen as an outside shot to land the top job one day when Lloyd Blankfein has had enough. A Spurs season ticket-holder, he is a very generous donor to charitable causes.

Richard Gnodde
Goldman Sachs International, co-chief executive
South African who shares equal footing at the top of Goldman in London with Mike Sherwood — he is the less abrasive of the pair. They co-wrote a warning letter that a divorce from the European Union would harm British business and the City. Tall, patrician and a consummate deal-maker.

Stuart Gulliver
HSBC, chief executive
The star investment banker hasn’t been afraid to make a break with the past since rising to the top job two years ago. Some 40,000 jobs have gone on his watch as the bank gets back in shape and focuses on growth markets, with another 14,000 under threat. HSBC was fined £1.2 billion by the US authorities for helping Mexican drug barons launder money.

Antony Jenkins
Barclays, chief executive
Is Barclays boring yet? Jenkins’s efforts to make the lender yawn-inducing were dealt a blow when he suggested the bank could cut lending to meet new financial strength targets set by regulators. Bob Diamond’s successor joined Barclays as a graduate trainee in the bank’s South Kensington branch in 1983 before rising to become retail chief.

Charlotte Hogg
Bank of England, chief operating officer
NEW ENTRY
Perhaps the biggest sign of change at Threadneedle Street is the arrival of the former Santander executive to manage the day-to-day running of the enlarged bank so Governor Mark Carney can focus on the bigger policy picture. Well-connected Hogg’s parents, Douglas and Sarah, both had top roles in Sir John Major’s government.

António Horta-Osório
Lloyds Banking Group, chief executive
The Portuguese is close to riding the Black Horse bank back out of public ownership, with a sale of the government’s 39 per cent stake in the pipeline over the next year or so. The only blot on the smooth ex-Goldman banker’s horizon is the failed sale of 631 branches to the Co-op. A six-week spell off work with exhaustion is a distant memory.

Ivan Glasenberg
Glencore Xstrata, chief executive
May’s £50 billion mega-merger was years in the making for the billionaire commodities trader who runs and swims as hard as he works. The South African freely admits his staff have little social life — but they are handsomely rewarded for it. A shareholder putsch of Xstrata directors left Glasenberg in full control of an empire that produces and trades everything from wheat to copper.

Ross McEwan
Royal Bank of Scotland, chief executive
NEW ENTRY
The Kiwi came from the Commonwealth Bank of Australia to run RBS’s UK retail operations and replaces Stephen Hester from October. He has the backing of the Chancellor but must ensure the 81 per cent taxpayer-backed bank adapts its strategy and increases lending to small businesses.

Ana Patricia Botin
Santander UK, chief executive
The tough-talking Spanish banking scion is trying to rebalance her business by granting more loans to small and medium sized businesses and reducing mortgage lending. Golf coaching from her late brother-in-law Seve Ballesteros was put to good use in a pro-am event last summer with Rory McIlroy, who advertises Santander’s 123 account. A UK stock market float is still on ice.

Simon Robey
Robertson Robey, co-founder
One of the City’s top rainmakers barely paused for breath when he exited Morgan Stanley after 25 years to strike out on his own in a small boutique firm with Goldman Sachs veteran Sir Simon Robertson. He is also chairman of the Royal Opera House and was tasked with replacing Tony Hall when he was drafted in to run the BBC. Believes companies should better support London’s leading arts organisations.

Xavier Rolet
London Stock Exchange, chief executive
The urbane Frenchman is rubbing his hands at the prospect of a fresh crop of stock market listings and remains adamant that Europe needs a strong City of London to thrive. Scored a victory when the Government scrapped stamp duty for the junior Aim market. Keeps bees at his family’s converted medieval priory in Provence.

John Fallon

Pearson, chief executive
NEW ENTRY
It was a textbook handover at the top of the education giant from long-serving Dame Marjorie Scardino to her former communications director and globetrotting lieutenant. Fallon’s appointment heralded a clearout of executives, and the promise to up the pace of change, with a focus on international and digital development that restarted chatter about the future ownership of the Financial Times.

Sir Mike Rake
BT chairman and CBI president
He may have been relieved to step back as chairman of airline easyJet, but the KPMG veteran has still kept busy, first replacing Sir Roger Carr at the helm of the employers’ body the CBI, and then shuffling the BT board after Ian Livingston quit to be trade minister.

Davide Serra
Algebris, chief executive
NEW ENTRY
Italian-born hedge fund manager who is close to David Cameron and was snapped walking into Downing Street with briefing papers on why Britain’s banking industry should be more like Canada’s. Founded Algebris in 2006 and is said to manage £1 billion in assets. Well regarded in Whitehall, which invited him to talk at a big UK Trade & Investment conference in May.

Neil Woodford
Invesco, fund manager
Arguably Britain’s top fund manager, he is responsible for hundreds of thousands of people’s pensions. Woodford poured cold water on the proposed merger of defence company BAE with European aerospace giant EADS, but he had less sway at G4S, where support for Nick Buckles didn’t prevent the security boss from losing his job after the Olympic Games security fiasco.

Alex Snow
Lansdowne Partners, chief executive
NEW ENTRY
The former Harlequins and England rugby player didn’t take long to get back into the City scrum after departing investment bank Investec. Snow is replacing Sir Paul Ruddock at the helm of the £9 billion hedge fund group. Evolution, the stockbroker he founded, was acquired by Investec two years ago for £230 million.

Lord Davies
Corsair Capital, vice-chairman
NEW ENTRY
The self-effacing former trade minister is best known for propelling more women into the boardroom after his Women on Boards report, recommending that 25 per cent of FTSE 100 board seats should be in female hands by 2015. But he has recently spent more time concentrating on the banking world through Corsair Capital — working on a bid for 316 branches being hived off by Royal Bank of Scotland and on plans for taking a stake with sovereign wealth funds in Lloyds. Also chairs Chime Communications.

Simon Collins
KPMG UK, chairman and senior partner
Keen to catch up on rivals PwC and Deloitte. The acquisition of investor relations firm Makinson Cowell by KPMG marked an interesting opening gambit by Collins. The former NatWest and SG Warburg financier set up a debt advisory practice for the firm when he switched to beancounting in 1998.

Martin Gilbert
Aberdeen Asset Management, chief executive
The ruddy-faced Scot marked his fund manager’s 30th birthday with a bash at Mansion House as assets passed the £200 billion mark. He had less to celebrate after the deeply unpopular £615 million rights issue at transport company FirstGroup, where he gave up the chairmanship.

Dominic Barton
McKinsey, worldwide managing director
The smooth Canadian has acted to restore trust in the top management consultant after the lingering impact of an insider trading scandal. Re-elected to the top job last year, Barton’s spell running the Seoul office earlier in his career gave him an invaluable global perspective and bulging Asian contacts book.

James Lupton
Greenhill Europe, chairman
NEW ENTRY
As Conservative Party co-treasurer, the City financier must pass around the hat to fund David Cameron’s bid to remain in Downing Street beyond the 2015 general election. The former Barings banker marked 15 years since opening Greenhill’s European office by advising Tesco on its withdrawal from America and restructuring Yellow Pages owner Hibu. British Museum trustee.

Ian Powell
Pricewaterhouse Coopers UK, chairman and senior partner
Northerner at the helm of the city’s largest accounting firm has done his bit to stave off the most radical changes to the audit market. Now the debate has moved onto the Big Four’s involvement in tax avoidance. The father of four is a West Bromwich Albion fan and a PwC lifer.

Crispin Odey
Odey Asset Management, founder
Lifelong Tory-supporting hedge fund manager has been helping Ukip tap City donors after letting rip at Cameron and Osborne in an Evening Standard interview. Braces-wearing contrarian investor with £3 billion under management, married to Barclays banking heiress Nichola Pease.

Lloyd Dorfman
Travelex, founder
The City meets the arts with the unassuming Dorfman, who has chipped in £10 million towards the £70 million redevelopment of the National Theatre that will see the Cottesloe take his name from next year. The Office Group marks his push into the serviced office market, but he’s still chairman of the foreign exchange group he founded in 1973 and which is still expanding internationally.

Lord Rothschild
RIT, founder
At 77, the banking grandee and member of the Queen’s Order of Merit is still producing the goods at his investment trust RIT. Superb networker who remains close to Rupert Murdoch and Lord Mandelson. Entertains at Waddesdon Manor. His son Nat has had less success of late after Indonesian mining firm Bumi’s woes.

Michael Spencer
Icap, founder
It’s been a tough year for the smart, self-made City player whose inter-dealer broker was hit by subdued volumes. A former Tory treasurer who remains close to Cameron and Osborne, Spencer also combines twin loves of trading and wine by chairing Bordeaux Index.

John Micklethwait
The Economist, editor-in-chief
Circulation is still rising and group profits are at an all-time high for the cerebral, floppy-haired editor of the business magazine, a former Chase Manhattan banker who co-authors business books on the side. Great views from his office eyrie in a tower overlooking St James’s.

Tidjane Thiam
Prudential, chief executive
McKinsey-trained and a big thinker. A giant £30 million City fine for failing to keep regulators up to speed with £23 billion takeover plans three years ago and mutterings over his pay deal didn’t dull investors’ ardour for the Ivorian’s booming Asian business.

Carol Leonard
The Inzito Partnership, partner
The former Evening Standard financial journalist turned headhunter has had a busy year, installing the new chief executive of security group G4S, Ashley Almanza and the boss of FTSE pumpmaker Weir. Leonard set up Inzito four years ago. Her former search firm, Leonard Hull, was acquired by Whitehead Mann.

Ann Cairns
Mastercard Worldwide, president, international markets
NEW ENTRY
The former British Gas statistician is trying to lead a dash out of cash and catch up with top payment provider Visa. The softly spoken Geordie runs operations in Asia, South America and Europe from a London base after scaling the ladder at Citigroup and Alvarez & Marsal.

Jan Hall
JCA Group, founder
Top City headhunter in an industry where women rule the roost. Maintains a low profile but clients such as Marks and Spencer and easyJet keep returning for more. Has just written a book on coping with dementia after her mother’s illness.

Nigel Wilson

Legal & General, chief executive
NEW ENTRY
The father of five answered the call for more infrastructure spending when his insurance group made big investments in housebuilder Cala Homes and student accommodation projects in Clapham and Greenwich. Jobs at United Business Media, Dixons, property group Stanhope and McKinsey are already on his CV.

Anthony Hilton
Evening Standard, financial editor
Doyen of City commentators has been in the game more than four decades and when he wields the knife, City grandees wince — because they know he writes from great experience. The former managing director of the Evening Standard and pension trustee knows what it takes to run a business.

David Sproul
Deloitte UK, chief executive and senior partner
Well-networked beancounter who suggested British businesses spend more of their £700 billion warchests to sustain economic growth. Heavy graduate recruiter. Clients include Vodafone and property giant British Land.

Lionel Barber
Financial Times, editor
It’s eight years in the top job for the Pink ’Un’s slick boss who keeps a close handle on world events. But what might the future hold for this top-rank journalist if owner Pearson does the unthinkable and sells the FT to Bloomberg or News Corporation?

Helena Morrissey
Newton Investment Management, chief executive
Fund manager and mother of nine whose 30 Percent Club went global with efforts to recruit more women into Britain’s boardrooms, spreading to America, Canada and Hong Kong. A key role model for aspiring City women.

Mark Wilson
Aviva, chief executive
NEW ENTRY
The Kiwi rugby fan was lured to London by the opportunity to wake a sleeping insurance giant. He previously ran AIA, the Asian insurer nearly acquired by the Pru, and has combined well with Aviva’s affable chairman John McFarlane with the aim of simplifying the business.

Ivan Menezes
Diageo, chief executive
NEW ENTRY
The new man leading the Smirnoff-to-Baileys FTSE 100 drinks giant might toast his predecessor Paul Walsh with his favourite tipple, a Johnnie Walker Black Label with ice and soda. His father ran India’s railways and he was groomed for the top by running Diageo’s highly profitable American division.

Source: http://www.standard.co.uk/news/london/the-power-1000–londons-most-influential-people-2013-deal-makers-the-city-8825923.html

The Power 1000 – London’s most influential people 2013: Deal makers, Tycoons

So who are the most influential Dealmakers and Tycoons on the Power 1000 list?

They are the heads of industry and shape Londoners lives with their products and companies – from John Lewis to Burberry, Carphone Warehouse to Fortnum & Mason, companies that are recognisable as iconic London brands.

London Tycoons Image

The following is London’s most influential people 2013 relating to Dealmakers and Tycoons:

Carolyn McCall
EasyJet, chief executive
Flying high at the orange airline where she has sent profits soaring by wooing business customers and improving service. Piloted easyJet into the FTSE 100 this year and has made a fortune on her shares. Raised in India and briefly worked as a teacher before joining The Guardian, where she rose to be chief executive. She’s tough and has faced down easyJet founder Sir Stelios Haji-Ioannou over a big aircraft order. Now at the top of most headhunters’ wishlists, she is arguably Britain’s top businesswoman.

Sir Charlie Mayfield
John Lewis Partnership, chairman
Bagged a knighthood this year after again showing the rest of the high street a clean pair of heels. Profits rose 16 per cent last year and the business is seen as a model of how to combine strong physical and online — “multi-channel” in the jargon — presences. More department store openings are planned, including a hint of overseas expansion after a first airport outlet at Heathrow.

Sir Martin Sorrell
WPP, chief executive
Advertising supremo keeps expanding in emerging markets and digital and, with an unrivalled global worldview, remains the “go to” captain of industry for insight into the world economy. Restless and relentless, he is fired up as rivals Publicis and Omnicom are merging to overtake WPP as the world’s biggest ad group.

Sir Philip Green
Arcadia boss
With New York in the bag, Britain’s best known retailer is now taking on Hong Kong after a first branch of Topshop opened in the former colony in June. It is likely to be the staging post for an expansion into the Chinese mainland. The billionaire recently tore a strip off the Government for damaging high streets by failing to reform business rates. His wife is based in Monaco.

Mark Price
Waitrose, managing director
Price is closing in on the Co-op to become Britain’s fifth biggest supermarket with its upmarket range. Has kept Middle England fans happy by bringing back Delia Smith alongside Pippa Middleton as faces of the brand. Relations with online delivery partner Ocado have been strained after it signed a deal with rival Morrisons. But he’s just been promoted to deputy chairman of John Lewis Partnership, suggesting greater things are to come.

Lord Livingston
Trade minister
BT’s chief executive for five years has left at a dramatic moment — just as the telecoms giant takes on Sky over football coverage — to answer the Prime Minister’s call to do his public duty. Ian Livingston knows the world as BT has a big global services division and he will bang the drum for the UK. But business figures don’t always find Westminster life easy.

Lord Wolfson
Next, chief executive
One of retail’s most respected business leaders who did his bit to improve the image of “fat cat” chief executives this year by distributing his £2.4 million bonus among staff. A eurosceptic, he offered a £250,000 prize to the person who could come up with the best plan for Britain leaving the EU. Married to Eleanor Shawcross, an aide to George Osborne, described as a “Kate Middleton look-a-like”.

Willie Walsh
International Airlines Group, chief executive
The Irish-born former pilot whose main battle now is with the stubborn Spanish unions — who he says are killing off hopes of turning Iberia, BA’s partner airline, into a profitable carrier. Doesn’t stop taking a pop at some old enemies too. In December he wagered Sir Richard Branson “a knee in the groin” over the future existence of the Virgin brand.

Vittorio Colao
Vodafone, chief executive
Italian ex-banker and management consultant has pulled off what looks like one of the deals of the decade, by selling a 45 per cent stake in America’s Verizon Wireless for £84 billion. He’s pushing beyond mobile into TV and broadband and made a  £6.6 billion move for Germany’s Kabel Deutschland. Runs the top dividend-payer in the FTSE 100. Criticism about paying little UK corporation tax is his only headache.

Nick Varney
Merlin Entertainments, chief executive
Britain’s “Mr Fun” whose entertainment empire spans the London Eye to Warwick Castle and is globally second only to Disney. The former marketing man once said “if you can get out of our attractions without buying tickets for the others, well, good luck”. A leading figure in the leisure industry, he is plotting a possible £3 billion stock market flotation.

Justin King
Sainsbury’s, chief executive
The supermarket chain appeared to be in terminal decline after a torrid Nineties but in almost a decade at the helm of Sainsbury’s he has stopped the rot and restored pride. Now said to be looking for his next job with his name linked to businesses as diverse as Marks & Spencer and Formula One, although all rumours have been denied.

Angela Ahrendts
Burberry, chief executive
The gal from small town Mid-West America who turned the once sleepy raincoat maker into Britain’s biggest luxury fashion label. The diet Coke drinker made history this year when she became the first woman to top the FTSE 100 pay league with a package worth £16.9 million. Has been a member of David Cameron’s council of business advisers since 2010.

Alannah Weston
Selfridges, creative director
She may be “daddy’s girl” — her father Galen Weston Jr owns the Oxford Street store — but that has not stopped the former Daily Telegraph arts writer helping to turn Selfridges into one of the world’s most powerful luxury brands. Those unmistakeable yellow bags are everywhere and the store has never enjoyed a higher profile following ITV’s successful series about founder Harry Gordon Selfridge.

Philip Clarke

Tesco, chief executive

The man who rose from the ranks as a shelf stacker at Tesco has endured an eventful two and a half years at the helm of Britain’s biggest supermarket chain as profits have fallen and the company finally withdrew from the US. But he’s getting Tesco back in shape and one piece of good news came when ex-chairman Lord MacLaurin said Clarke had inherited a difficult legacy from his previously untouchable predecessor Sir Terry Leahy.

Lakshmi Mittal
ArcelorMittal, chief executive
Indian-born billionaire who is almost as well known for his family’s extraordinary property portfolio as his ArcelorMittal steel-making empire. Now only Britain’s second richest man, he reportedly put his son’s “billionaire row” mansion on Kensington Palace Gardens on the market for £110 million earlier this year. He still has two others on the same street.

Christopher North
Amazon UK, managing director
Low-profile Harvard economics graduate who is arguably Britain’s most powerful online retail boss, overseeing £4 billion of UK sales. Under North, Amazon has shrugged off the “low tax” storm and just keeps on expanding in TV and tablets and many think fresh groceries are next. Started his career as a management consultant before heading the electronic publishing arm of HarperCollins.

Marc Bolland
Marks & Spencer, chief executive
Dutch boss of Middle Britain’s favourite store is running out of time to turn things around. The chain is still struggling to find its identity on the 21st-century high street while nimbler rivals like Next and Zara pick away at its once unchallenged market share. The food side is doing well but his future now depends on the new autumn/winter womenswear ranges.

Dido Harding
TalkTalk, chief executive
An ex-jockey who became the first British woman at the top of a telecom firm. Her recent expansion in TV has been going well. Caught in a tetchy spat with former BT boss Ian Livingston this year over the roll-out of fibre networks. He called her a “copper Luddite” for questioning the terms and motives of the investment. She studied at Oxford alongside David Cameron and is married to Tory MP John Penrose.

Alexander Mamut
Waterstones, owner
Former adviser to Boris Yeltsin who bought Britain’s last national high street book chain Waterstones in 2011, installing Daunt Books founder James Daunt to run it. The Russian “literigarch” is spending £20 million a year refurbishing the tired stores and is seen as having a uniquely important role in the country’s fragile publishing industry.

Clare Gilmartin
eBay, Europe vice-president
NEW ENTRY
Irish-born mother of two who is arguably Britain’s most powerful female e-tailer. Started her career as a graduate trainee at the “University of Unilever” before being headhunted by eBay at just 26. She started as head of “motors, trading car parts and DVDs” — against the advice of her father — when there were just 30 people in the company in Britain.0

Dalton Philips
Morrisons, chief executive
Go-getting boss of currently the weakest of the “big Four” supermarkets who aims to overturn decades of internal resistance to “new-fangled” ideas such as convenience stores and online ordering. Appointed in 2010 when he was headhunted from Canadian supermarket group Loblaw. Expanding fast in the South-East.

Laura Wade-Gery
Marks & Spencer, executive director of online
Queen of “multi-channel” at a middle-brow, middle-Britain institution slow to adapt to the digital world. Has revealed that her ambition is to become “Net-a-Porter for the masses” but has ruled out selling M&S food online. Lured from Tesco.com with a reported £4 million golden hello two years ago with mandate to double online sales by 2014.

Sir Charles Dunstone
Carphone Warehouse, chairman
The former public schoolboy who brought the Carphone Warehouse to almost every town in Britain now hopes to do his bit for reviving the high street by bringing the US burger chain Five Guys to the UK. Cannily bought back half of Carphone’s high street retail empire for a fraction of what he sold it for in 2008. Loves yachts.

Michael Ward
Harrods, managing director
The boss of the world’s most famous luxury department store was born in Hull, qualified as an accountant and got one of his first big jobs as finance director of the cider company Bulmer’s. Ward has helped Harrods flourish since he joined in 2005, first under the ownership of Mohamed Fayed and then the Qatari royal family.

Sophie Cornish
Holly Tucker
notonthehighstreet.com, co-founders
NEW ENTRY
Two friends with a background in the magazine industry who decided to pool their resources and start an online business specialising in unusual and personalised gifts. Begged and borrowed £140,000 to get started but almost killed it at birth when the website froze on day one. The site now turns over more than £30 million.

Jo Jenkins
Marks & Spencer, head of lingerie and beauty
NEW ENTRY
Former Next director brought in as a “safe pair of hands” at one of M&S’s most important departments after the short-lived appointment of her predecessor Janie Schaffer — who quit after just three months. Jenkins spent 12 years at Marks before leaving for Next and is seen as a key member of the new “turnaround” team.

Lady Lynn Forrester de Rothschild
Investor
Well-connected American investor whose business interests include a stake in The Economist magazine. Made a fortune in the Nineties telecoms boom before marrying Sir Evelyn de Rothschild. A lifelong Democrat who spent an evening of her honeymoon at the White House as guest of the Clintons, and a passionate believer in the ability of “inclusive capitalism” to lift people out of poverty.

Michael O’Leary
Ryanair, co-founder
Maverick genius who has revolutionised international travel yet still inspires loathing for what many passengers see as the “tricks” he uses to screw more money out of them, particularly the huge fees charged for luggage. Has hinted he will have a go at the transatlantic market with fares from $10.

Ewan Venters
Fortnum & Mason, chief executive
Joined the Queen’s grocers from Selfridges last year and is already ringing the changes with a boardroom shake-up and, after 306 years of trading, plans a first standalone branch away from the Piccadilly HQ. It will open at St Pancras Eurostar station in November.

Marisa Leaf
Hubbub, founder
NEW ENTRY
A former human rights barrister who is doing for local London food shops such as fishmongers and butchers what Ocado did for Waitrose supermarkets. Her Hubbub online service now delivers to more than 200 London postcodes and she has plans to go national. A passionate advocate of local high streets who set up the business when she realised how much she was spending with Tesco online.

Angus Thirlwell

Hotel Chocolat, founder
Started selling mints before moving into chocolates with his business partner Peter Harris in the Nineties. Now has 70 stores in the UK and five stores abroad in the US and Middle East. Claims to be the only British chocolate company to grow cocoa on its own plantation. Known for its trademark 500g “giant slabs” in flavours from Rocky Road to Cookie Choc Chip.

Mohamed Fayed
Businessman
The jewel of Fayed’s business empire is the Ritz hotel in Paris after he dramatically downsized his other interests, disposing of Fulham football club after selling Harrods to the Qataris in 2010. The flamboyant Egyptian tycoon may be in his eighties but still has an eye for a deal and was linked with an abortive move for film studios Pinewood Shepperton.

Sir Stelios Haji-Ioannou
Fastjet and easyJet, founder

Founder of easyJet now spends a lot of his time in dispute with the bosses who run his aviation baby. The Monaco-based “serial entrepreneur” admits he had to take some “outrageous risks” to get one of the first of the budget airlines off the ground. His orange “easy” brand now stretches from hotels to pizza delivery.

Jamal Edwards
SBTV founder
NEW ENTRY
★ Twitter star ★
“The walking definition of an entrepreneur” is how Sir Richard Branson describes this Acton-born internet pioneer who set up his own online TV channel in 2006 after faring poorly in his GCSE exams. SBTV has had more than 150 million views on YouTube and helped to launch the career of singer Ed Sheeran. Edwards is now said to be worth £8 million — he only turns 23 this year — and is an Ambassador for the Prince’s Trust.

Source: http://www.standard.co.uk/news/london/the-power-1000–londons-most-influential-people-2013-deal-makers-tycoons-8825989.html

The Power 1000 – London’s most influential people 2013: Movers and Shapers, Property

The international names on the Power 1000 Movers and Shapers, Property list shows how diverse London has become and is a centre for investment.

Skyline - City of London

The following is London’s most influential people 2013 relating to Movers and Shapers in the Property sector:

Kee Sin Liew
SP Setia, chairman and chief executive
NEW ENTRY
The man leading the wave of Malaysian investment into the UK and fronting Malaysia’s most significant venture into London real estate, Battersea Power Station. He confounded sceptics by bringing together a consortium of Malaysian giants, S P Setia, Sime Darby and Employees’ Provident Fund to beat Chelsea FC in the race for Central London’s most iconic site.

Rob Tincknell
Battersea Power Station Development Company, chief executive
NEW ENTRY
He is Battersea’s Mr Delivery. Tincknell is the man who obtained central London’s largest ever planning permission at Battersea Power Station, the city’s most ambitious real estate project yet. With construction now under way, he leads the team entrusted by the Malaysian bosses to make it all a reality.

Rob Noel
Land Securities, chief executive
Confident and highly intelligent boss of the UK’s biggest property company. Noel is focusing the £1.5 billion business on London with a £2.2 billion speculative development programme in Victoria and the City, including the unmissable Walkie-Talkie.

Chris Grigg
British Land, chief executive
Thoughtful and down-to-earth boss of UK’s second biggest property company is diversifying the £10.5 billion commercial real estate portfolio of shopping centres and City offices. But Grigg’s lasting monument will be the Cheesegrater tower in Leadenhall Street, looming over the City.

Christian Candy
Nick Candy

Candy & Candy, developers 

The brothers invented the hyper-luxury apartment market during the boom. Christian has gained permission to convert  a waterside office block in the City into flats. Nick remains active on the social circuit, but less visible in property.

Sir George Iacobescu
Canary Wharf, chairman and chief executive
This gracious king of docklands is expanding his watery empire. The Romanian-born Mayfair resident is building the Walkie-Talkie for Land Securities, developing the Shell Centre on the South Bank for the oil giant — and expanding Canary Wharf eastwards into Wood Wharf.

Gerald Ronson
Developer
A gruff but generous character, who gives millions to charity. Ronson’s Heron residential tower in the Barbican is filling fast, and he will be hoping for the same with his office tower in the City. The ground next door is being levelled for his next project already.

Liz Peace
British Property Federation, chief executive
Fluent, diplomatic, well-dressed, well-connected and omnipresent: what more could you want from the property industry’s top lobbyist? The former civil servant advises on what is acceptable to government and presents the advice in acceptable form to Whitehall.

Michael Gutman
Westfield, UK managing director
The tall, lean Aussie who brought mega-malls to London at White City and Stratford is now working on the biggest of them all: the reconstruction of the Whitgift Centre in Croydon — alongside former rival David Atkins of Hammerson, after the two agreed to work together.

Peter Wynne Rees
City of London Corporation, chief planner
Witty, unconventional and sometimes controversial: no, not your average planner. Now in his mid-sixties, he has helped shape the City for more than a quarter of a century — and has no intention of leaving town. He’s soon to move into a flat near the Barbican.

Tony Pidgley
Berkeley Group, chairman
Confident, canny and commanding — with an accent unmodified by great wealth. The former Barnado’s boy has built a business over many decades, one that now completely dominates the London residential development market.

Marcus Cooper
Developer
NEW ENTRY
Powerful, media-shy landlord and developer of many years’ standing who works from modest offices in north London. Cooper has come to public attention with plans to convert offices in Regent’s Park into London’s largest and most luxurious private residence, worth an estimated £200 million.

Duke of Westminster
Grosvenor Estates, owner
A bit shy and now retired from commanding the Territorial Army, the energetic Duke prefers the back seat these days at his well-run property company, Grosvenor. But the £6.5 billion business is not shy and has embarked on a surge of developments in London.

David Reuben
Simon Reuben

Developers
The low-profile brothers, who own much of Shepherd’s Market in Mayfair, now have permission to turn the former site of the In and Out Club on Piccadilly into an opulent house worth £250 million. That’s just the glittering tip of a huge property empire which includes the Millbank Tower.

Irvine Sellar
Sellar Properties, founder
The Shard is up next to London Bridge Station. What more of a monument could one man want? A “baby Shard” filled by Rupert Murdoch’s News Corporation? Achieved. Next stop is Paddington, where veteran property man Sellar is planning to build around the station.

Ruby McGregor-Smith
Mitie, chief executive
NEW ENTRY
★ Twitter star ★
The first Asian woman to head a FTSE 350 company, an outsourcer which manages property and facilities for scores of big companies. She is an opponent of boardroom quotas for women but a big supporter of more affordable childcare. Chairs influential Government-backed Women In Business council. Born in India and emigrated to Britain aged two; graduated from Kingston University before entering accountancy.

John Burns

Derwent London, chief executive
Burns remains the industry’s favourite developer of artfully designed schemes in London. This wise and cautious man, long in charge of one of the best performing listed property companies, is now executing plans to build a “white-collar factory” tower near Old Street, after developing dot-com favourite the Tea Building.

Alison Nimmo
Crown Estate, chief executive
The property queen of the Crown Estate delivered what the actual Queen wanted this year — a five per cent rise in profits and no scandal. The royal purse is now tied to the Estate’s profits. So Her Majesty’s household budget also gets to rise five per cent, with no nasty headlines about how it was made, thanks to savvy Nimmo.

John James
Fawn James

Soho Estates, directors
Fawn has an office close to her step-dad John at Soho Estates and this graceful young woman is now playing her part alongside her focused stepfather in turning grandfather Paul Raymond’s property empire into a modern-day London estate.

Sir Stuart Lipton
Elliot Lipton

Developers 

The daddy of all developers is venturing to Silvertown, along with son Elliot, in a joint venture to build homes (Elliot) and a set of pavilions for global corporates (Sir Stuart). Sir Stuart is still breaking the mould, some 30 years after building Broadgate.

Toby Courtauld
Great Portland Estates, chief executive
Classy thoroughbred born into the textile dynasty. The Eton-educated 45-year-old is outrunning rivals in the central London office market. Making a fortune for himself and Great Portland, the best-in-breed central London office developer.

Daniel Van Gelder
Clive Bush
Exemplar, founders
Harrow-educated Van Gelder (the good-looking one) and Cambridge-educated Bush (the clever-looking one) inherited the Candy brothers’ old Middlesex hospital site. The pair are on their way to making a success of the scheme — and their names as part of the coming generation of developers.

Martin Jepson
Brookfield, senior vice-president
Modest, approachable, thoughtful and friendly, he is not quite what you picture — given that he is the man who has a lock on just about every big potential development site in the City, via the giant Canadian company that owns the cleared 100 Bishopsgate tower site and another on London Wall.

David Camp
Stanhope, chief executive
This thoughtful but adventurous protégé of Sir Stuart Lipton is advising Chinese developer Xu Wieping on a bold development in the Royal Docks. Less adventurous are Camp’s plans to redevelop the BBC’s White City “doughnut” site.

Jamie Ritblat
Delancey, founder
Chip-off-the-old-block Ritblat still works with his more famous father, Sir John, founder of modern-day British Land. Ritblat Junior is media-shy like his father. But, just like dad, he is seen by all as one of the canniest and cleverest property investors around, with a portfolio including Royal Mint Court and the St Botolph building.

Ian Hawksworth
Capital & Counties, chief executive
Gary Yardley
Capital & Counties, investment director
Smart, cheerful pair of trained chartered surveyors who oversee a £2.1 billion portfolio. CapCo is a listed company that owns Covent Garden — Chanel and Apple are among prime tenants — and Earl’s Court where architect Sir Terry Farrell’s transformation plan for a new “village” has got the green light.

Alasdair Nicholls
Native Land, chairman and chief executive
Cut his teeth developing those radical-looking flats behind the Tate Modern. The Qataris were impressed enough by this affable and open character to buy 45 per cent of his company last year — and provide nearly £400 million for future expansion.

Mike Hussey
Almacantar, chief executive
★ Twitter star ★
The Italian Agnelli family are backing this former Land Securties director who has gained permission to convert CentrePoint into flats — after a fight with Camden council. This determined and fearless character dared take on the MCC after his plans to develop Lord’s were aborted. Likes to tweet under the handle Mr_Property_W1.

Michael Brown
Foxtons, chief executive
NEW ENTRY
Ultra-low-profile boss of London estate agency which is known for its fleet of branded Mini cars and hard-driving tactics. Brown has been part of the team that has revived Foxton’s finances after it was sold at the top of the market in 2007. Now super-prime property prices have bounced back, a £500 million stock market flotation is on the cards.

Janice Morley
Evening Standard, Homes & Property editor
No-nonsense queen of residential property coverage in London, admired by readers for covering the best of new London developments. The former Daily Mail journalist is feared by those who hawk sub-standard copy ideas.

David Marks
British Property Federation, president
NEW ENTRY
Brain-box property fund manager, based in Soho, who is planning a development of luxury flats on site of the old Mirabelle restaurant in Mayfair. Marks, now in his early forties, has just been appointed president of the British Property Federation, a job usually reserved for older heads.

Peter John
Southwark council, leader
NEW ENTRY
The trained barrister presides adroitly over a Labour administration that has a growth agenda at its heart — in a borough that is seeing more development growth than any other — and fewer complaints among developers than most others. Will John one day move over the river, to a political career in Westminster?

Xu Wieping
Advanced Business Parks, chief executive
NEW ENTRY
Mr “Royal Docks” is being relied upon to turn 50 acres of empty land into a bustling business park for Chinese companies near City Airport. Mr Xu certainly impressed all with his dress sense at the deal’s signing ceremony, turning up in an Armani suit covered in dots.

Surinder Arora
Developer
NEW ENTRY
Affable and successful Punjabi-English hotelier who has taken a small stake in a huge development near The O2 to build a venue to rival the Great Room at Grosvenor House in Park Lane. Arora will get to run the hotels that are part of the project, where work has begun.

Alex Michelin
Andrew Dunn

Finchatton, co-founders

NEW ENTRY
The school chums from Charterhouse, still in their thirties, set up at a difficult time — just after the September 2001 terror attack. But over the past dozen years the polished pair have made a reputation developing luxury flats. They’ve just landed their biggest job so far: a £250 million scheme at 20 Grosvenor Square.

Source: http://www.standard.co.uk/news/london/the-power-1000–londons-most-influential-people-2013-movers-and-shapers-property-8824294.html

The Power 1000 – London’s most influential people 2013: Deal makers, Law

London’s Power 1000 is a list of the most influential and powerful people in London. The Power 1000 is not a fixed and predictable list. It changes to reflect shifting fortunes and talents in a crucible of creativity where great ideas are as likely to come from individuals on laptops in coffee shops as from large corporations.

The following is London’s most influential people 2013 relating to dealmakers and law

LAW - Statue of Justice

Carine Patry Hoskins
Barrister
NEW ENTRY
High-flying barrister who, before she was 40, served as counsel to Lord Justice Leveson during his inquiry into media ethics. Hit by controversy afterwards when it emerged the married mother of two was in a relationship with David Sherborne, barrister for vehement press critic Hugh Grant. Patry Hoskins is a public and administrative law specialist at Landmark Chambers.

Lord Neuberger
Supreme Court, president
The most senior judge in Britain spoke out forcefully to defend the judiciary from Government attacks, warning that legal aid cuts could make people feel they cannot access justice — and therefore “take the law into their own hands”. An experienced, down-to-earth figure, he warned Home Secretary Theresa May that “attacking judges is not a sensible way to proceed”.

Alison Saunders
Chief Crown Prosecutor for London
Played a key role in bringing Gary Dobson and David Norris to justice over the racist murder of Stephen Lawrence and has spoken out about the public’s “vilification” of rape victims. Also oversaw prosecution of August 2011 rioters. She becomes Director of Public Prosecutions later this year.

Dominic Grieve
Attorney General
Has been active in the courts in quashing the Hillsborough inquest verdict, blocking prisoners’ right to vote and keeping Prince Charles’s letters to government ministers secret. The QC is seen as a savvy operator on the Tory benches who does not chase headlines. But it emerged recently that as an Oxford undergraduate he was involved in high jinks when fellow student and future policing minister Damian Green was reportedly thrown off a bridge.

Dame Heather Hallett
Appeal Court, judge
Considered a serious contender to be the first woman Lord Chief Justice, she continues to defy what she memorably described as “horrific” sexism by climbing the legal ladder. Hallett was widely praised for her handling of the 7/7 hearings and was deemed the eighth most powerful woman in Britain by Radio 4’s Woman’s Hour.

Tracey McDermott
Financial Conduct Authority, director of enforcement
She is effectively the City’s chief police officer, having kept her role after the Financial Services Authority morphed into the FCA, and has vowed she will “not be shy” about cracking down on wrongdoing after criticism that her predecessors could have been more pro-active. Showed she meant it when she slapped UBS with a £29 million fine after the Kweku Adoboli rogue trader scandal.

John Kelsey-Fry
Barrister
This dapper, streetwise QC remains the most in-demand defence counsel at the criminal Bar. It is a mark of his reputation that he handled two of the biggest recent celebrity cases, representing football manager Harry Redknapp and ex-MP Chris Huhne.

Andrew Edis
Barrister
NEW ENTRY
Now the go-to prosecutor in top criminal trials. Won convictions against Chris Huhne, Vicky Pryce and Tia Sharp’s killer Stuart Hazell. He heads the prosecution in the News of the World trials. The bespectacled, donnish QC is based at 2 Hare Court chambers.

Max Hill
Barrister
This QC has been the leading prosecutor in al Qaeda terrorism cases, including this year’s conviction of four men who planned to blow up a Territorial Army base, as well as playing a key role in the 7/7 hearings. Has also represented the Government over the detention of Britons at Guantanamo. Based at Red Lion Chambers, he is a former chairman of the Criminal Bar Association.

Mark Rawlinson
Freshfields Bruckhaus Deringer, managing partner
Head of the London office at this top solicitors’ firm, advising a third of the firms in the FTSE 100. Cambridge-educated Rawlinson’s clients have included BP and shipping giant P&O. He was one of the Red Knights who tried in vain to seize control of Manchester United from the Glazer family.

Shami Chakrabarti
Liberty, director
Known as one of the most articulate defenders of human rights and free speech at campaigning group Liberty. Sat on the Leveson Inquiry panel but opposed the report’s last resort of compulsory statutory press regulation and also the Royal Charter plan. Was one of eight Olympic flag carriers at the opening ceremony.

Sir Brian Leveson
Appeal Court, judge
Lord Justice Leveson has stayed virtually silent since his landmark report into media ethics but the repercussions continue to reverberate, with plans for a new press regulator still being hotly debated. He was unable to avoid controversy when it turned out two married barristers involved in the inquiry had become a couple.

Hugo Keith
Barrister
Much in-demand silk who has been battling to extradite bridegroom Shrien Dewani to South Africa over the murder of his wife Anni. He is also representing the Met in the inquest into Mark Duggan, shot dead by police, and involved in the Alexander Litvinenko inquest and the Serious Fraud Office investigation into the fixing of Libor interest rates.

Sir Michael Tugendhat
High Court, judge
The most senior High Court judge deals with privacy and media law. He recently ruled that a tweet posted by Sally Bercow, the wife of the Commons Speaker, about a politician wrongly linked to child sex abuse was libellous. Tugendhat courted controversy when he backed those who say that the identity of those arrested should remain secret because of the potential damage to their reputation.

Jonathan Sumption
Supreme Court, judge
One of London’s best-paid barristers, who acted in the infamous battle of the oligarchs court case last year, has stepped up to be a judge. A mark of his increasing influence is how, despite being the most junior Supreme Court justice on the seven-person panel, he gave the main judgment in the unanimous landmark Prest divorce case.

Alison Levitt
Principal legal adviser to the Director of Public Prosecutions
She plays a crucial role in deciding whether to go ahead with prosecutions and it was Levitt who appeared on live TV to announce which defendants would go to trial to face allegations of phone hacking and illegal payments. Considered a safe pair of hands, she has also been tasked with looking at whether the police made mistakes when they investigated allegations of abuse involving Jimmy Savile when he was alive.

Hugh Tomlinson
Barrister
The silk continues to lead the debate on behalf of controversial campaigning group Hacked Off, which is calling for state regulation of the press. A member of Matrix Chambers, Tomlinson also supported the non-identification of arrested suspects until charged to protect their rights.

Baroness Kennedy
Barrister
Helena Kennedy combines her battles over human rights in the courts with a record of rebelling against the Labour whip in the House of Lords more times than virtually any other peer. Close to the Blairs, she has also spoken out strongly in favour of reform of the Catholic church.

Miriam González Durántez
Dechert, partner
Nick Clegg’s wife is said to earn more than the deputy prime minister in her role as a partner in the international legal practice Dechert and is co-chair of the firm’s international trade and government regulation practice, focused on international and EU trade law policy.

Source: http://www.standard.co.uk/news/london/the-power-1000–londons-most-influential-people-2013-deal-makers-law-8826033.html

3 Dirty little secrets about being an entrepreneur and running a start-up business

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In the following Video  shares 3 misconceptions, you should be aware when running a start-up company.

 

The 3 Dirty little secrets about being an entrepreneur and running a start-up business are:

1. The company you plan today will not be the company you end up!

2. Overnight success does not exist!

3. Everything takes longer than you think!

 

Bernd Geropp is a coach and consultant who supports CEO’s and entrepreneurs working in an industrial environment (B2B). His work is focused on:

Leadership

Bernd will show you how to get a dedicated team and motivated employees.

Strategy

How to develop your business vision and how to bring your vision in line with your day-to-day business.

Marketing

Bernd will support you in building effective B2B sales structures!

How to successfully sell to large enterprises and how to build a worldwide distribution network!

To learn more see: http://www.more-leadership.com/