Mohammed Al Amoudi owns a series of oil companies in 3 countries – Morocco, Sweden, and West Africa. Top 10 Richest People in Oil and Gas Industry 2020 Current Update. When you speak of Saudi Arabia, the only business that could come to mind is the oil business. In the U.S.A. numerous men and women have followed in the steps of Standard Oil founder John D. Rockefeller and built massive empires of wealth thanks to the metaphorical goldmine of the oil and gas sector. Offshore-technology lists the five richest people in oil and gas based on Forbes’ estimates of net worth. He was born in Richford, New York, in 1839 and … 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. He and his brother, Nelson Bunker Hunt, purchased 195 million ounces of silver in the 1970s. He owned 80% of oil in the world. Richest hasn’t been something easy to acquire and accrue, not to talk of making the global record of the world richest family 2020. He joined the shipping industry in the sixties when he started trading oil in Beirut, and bought his first tankers in the nineties. He lived in the second half of the 20th century and was the richest man on the planet. If you continue to use this site we will assume that you are happy with it. Gates was the richest man for four years running till 2017 when Amazon CEO Jeff Bezos overtook him. This 1975 file photo shows oil billionaire, Jean Paul Getty, America's richest expatriate, at his home at Guildford, Surrey, England. Image courtesy of Пресс-служба Президента России.[/caption]. His company has interests in gold, ferrous metals, base metals, and platinum. He is one of the 100 richest people in the United States and has an estimated net worth of $9.8 billion. John D. Rockefeller, Sr., is best known as head of the Standard Oil Company and one of the richest men in the world. Intel is the 20th richest company in the world. As of January 2020, he was the 88th richest person in the world, and he is the wealthiest person in Africa. 1. The next closest competitor, George Kaiser of Kaiser-Francis Oil, is only estimated at a measly $10 billion. He earned his wealth through oil extraction in the Bakken Oil Field in Montana and North Dakota. [caption id="attachment_72477" align="alignnone" width="800"] Harold Hamm serves as the chairman and chief executive officer of Continental Resources. Vast reserves of oil and natural gas have made Sultan Hassanal Bolkiah of Brunei one of the richest leaders in the world. Mukesh Ambani. The man behind such an ambitious project, Elon Musk, is now worth $155 billion and within striking distance of the present world’s richest man, Jeff Bezos, estimated to be worth $185 billion, according to data retrieved from Bloomberg Billionaire Index. The world is consuming 30 billion barrels of oil annually, with the developed countries leading. It is a known fact now that most of the richest individuals in Arabs are businessmen as they thrive to … Vagit Alekperov is the president and CEO of Russia-based oil and gas company Lukoil, in which he owns approximately 25% stake. Here are the top 10 Richest Person in Venezuela. One of the richest women in the world, Bettencourt Meyers, together with her family owns 33% of the cosmetics company L'Oreal. Alekperov has steered the company towards growth by investing in the Bahzenov shale in Siberia along with Total. Pumpjacks in Siberia, Russia. ExxonMobil also the biggest oil refiner in the world which daily refine 6 Billion barrels per day and spread to … Here’s a look at the wealthiest people in the oil and gas sector in the United States today. The most LOL-worthy things the Internet has to offer. However, his wealth as a share of his country's GDP is still a lower percentage than John D Rockefeller's was in the early 1900s. No.2 Bill Gates Bill Gates maintained his spot as the second-richest, with $98 billion. With a fortune estimated at $ 4.5 bn, the richest oil man on the list, and No. According to the popular magazine Forbes, her fortune is estimated at 1 billion dollars. 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. Image courtesy of World Economic Forum.[/caption]. Bezos continues to be the richest man in the world … John Fredriksen – Net Worth $11.5 Billion, Cyprus. The former wildcatter made a fortune drilling for oil in the Rocky Mountains and then used his fortune to invest in real estate, the film industry and professional football, as well as … The Bloomberg Billionaires Index shows Ambani, the chairman of oil-to-conglomerate Reliance Industries, in the fourth position. There are four Koch brothers, but following lengthy court battles over Koch Industries only David Koch and Charles Koch are involved in the company that was started by their father. Let’s find out in this article, where we list the top 20 richest politicians in the world as of 2020. 2, we have a royal family from Saudi Arabia. Standard Oil, his company, is one ... John D. Rockefeller Was the Richest Person To Ever Live. Jeff Bezos is the world’s richest man and the founder of Amazon one of the most influential companies on earth. Like his brother, he's worth an estimated $41.5 billion. The country have produced hundreds of Millionaires as a result of the prosperity of the country in the area of majorly oil and gas. Khan is one of Alexei Kuzmichev’s buddies, with whom he made millions. Exxon Mobil is the largest oil refiner in the world, its 37 oil refineries spread across 21 countries, have a combined refining capacity of 6.3 million barrels a day! Since 1967, he has been the CEO of Continental Resources. Period Standard Oil, his company, is one of the biggest reasons we have anti-monopoly laws [caption id="attachment_72476" align="alignnone" width="800"] Gennady Timchenko amassed his wealth through his investment arms Volga Resources and ENA Invest. 5. Find out how much money it takes to land on the list of 10 of the wealthiest families in the world, and why nobody is really sure what it takes to be number one. Jeff Bezos today is the world’s richest man alive. It is a known fact now that most of the richest individuals in Arabs are businessmen as … For the fiscal year ending Dec. 31, 2013, Shell and Exxon had revenues totaling $451 billion and $420 billion respectively. Amazon founder Jeff Bezos is the world’s wealthiest person for the third year in a row, worth $113 billion. He was born in Richford, New York, in 1839 and moved with his … Image courtesy of David Shankbone.[/caption]. He is also included in the board of Harmony Gold, which is the world’s 12th largest gold mining industry. Dangote group is the most significant industrial conglomerate in Africa. Aliko Dangote is a Nigerian businessman and philanthropist who is the founder and the chairman of the Dangote group. Elon Musk, CEO of electric car manufacturer Tesla and founder of SpaceX has become the world’s third richest man according to the latest Bloomberg Billionaire ranking, following a surge in Tesla’s market value. Harold Hamm - $13.8bn [caption id="attachment_72477" align="alignnone" width="800"] Harold Hamm serves as the chairman and chief executive officer of Continental Resources. Jeff Bezos, 56, is the richest man in the world, despite transferring a quarter of his Amazon stake to his ex-wife MacKenzie last summer, according to … After a huge oil find in Yemen in 1984, Hunt Oil partnered with other companies to extract and refine the oil. As of 2020, Amancio Ortega’s net worth is estimated to be $65.9 billion. His net worth now sits at about $4 billion. 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. Sergey Brin. 2. Engaging itself in oil and natural gas production, refinery, distribution, marketing and trading, Shell is the second largest oil company in the world. E-Navigation Solution for Offshore Platforms, Handling Tools for Offshore and Onshore Oilfield Drilling, Modular Software and Mobile Applications for Offshore Project Management, 12 August 2019 (Last Updated January 31st, 2020 07:51). He made his billions in real estate and construction, alongside his oil investments. Hilcorp is one of the largest privately owned oil companies in the world. Conclusion On The Top 10 Richest Arabs In The World 2020 There are many rich individuals in the Arab Communities but those that made our list are those listed on the Forbes List. This is another empire in the world richest families, this family took the giant strand of 4 th position on the list of the richest families in the world. In fact, almost all of the most lucrative companies in the world, in terms of revenue, are associated with the oil and gas industry. All evil this list, which is the most significant industrial conglomerate in Africa love of money as the of... 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