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Thursday 14 March 2013

Geezer Gazillionaires: The World's Oldest Richest People



David Rockefeller, 97.
The youngest billionaires in the world always draw a lot of attention because of their enviable money and age. But on the other side of the ledger are the oldest billionaires, the ones who have spent decades building vast fortunes and now get to cash in as wealthy retirees.
In 2013, we have 17 billionaires over the age of 90, led by 97-year-old David Rockefeller (grandson of the famous oil baron). He moved into the number one spot after the world’s only centenarian billionaire, Walter Haefner,died last June at age 101. Further proving that this can be a temporary honor, last year’s number three, Albert Ueltschi, also passed away last October at age 95. All together, this year’s over-90 list comes to $79.5 billion. Read the full list below:
1. David Rockefeller, Sr.
Age: 97
Net Worth: $2.7 billion
Country: United States
His grandfather, John D. Rockefeller, built Standard Oil, the energy company that fueled America’s industrial revolution.
2. Kirk Kerkorian
Age: 95
Net Worth: $3.3 billion
Country: United States
The eighth grade dropout, ex- boxer and World War II fighter pilot trainer started his career in Las Vegas with a land purchase in 1962. He opened the original MGM hotel and casino after picking up the movie studio in 1969.
3. Karl Wlaschek
Age: 95
Net Worth: $4.8 billion
Country: Austria
One of the largest private real estate owners in Austria. Still fit at age 95, he married for the fifth time in April 2012, to a woman age 65.
4. Henry Hillman
Age: 94
Net Worth: $2.3 billion
Country: United States
He was a founding investor in influential Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers, and LBO titan Kohlberg Kravis Roberts.
5. George Mitchell
Age: 93
Net Worth: $2 billion
Country: United States
The father of natural gas shale drilling, Mitchell was the first to use hydraulic fracking to crack open the Barnett shale field in Texas.
6. Anne Cox Chambers
Age: 93
Net Worth: $12 billion
Country: United States
The surviving daughter of Cox Enterprises founder James M. Cox (d. 1957). Chambers continues to sit on the board.
7. Sulaiman Al Rajhi & Family
Age: 93
Net Worth: $6 billion
Country: Saudi Arabia
Co-founded Al Rajhi Bank, remains a 20% owner. Announced plans in May 2011 to donate the bulk of his fortune to charity.

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