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Financial advice is big business; by some estimates "wealth management" is a £19 billion industry in the UK alone.
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Kenneth G. Langone, 65, of Roslyn Heights, a founder of Home Depot, was ranked 218th with $1.3 billion in estimated wealth.
This is how the top 13 rank and the estimated wealth they generated over the last year.
There has, unsurprisingly, been a lot of work trying to estimate wealth effects.
For the $1 million-plus cohort, estimated wealth grew by 7.2percentt annually from 2010 to 2014, eight times the pace of gains for families with less than $1 million.
Take the Phones4U founder John Caudwell, estimated wealth £1.5bn, who believes he is Britain's biggest individual taxpayer, contributing more than £250m to the Exchequer since 2008.
The two have done very well since, accruing estimated wealth of $16.5 billion for Mr. Fridman and $10.5 billion for Mr. Khan, according to Forbes.
Ahead of its earnings later today, Amazon stock hit an all-time high during intraday trading and with it CEO Jeff Bezos' estimated wealth hit $90.9 billion, Bloomberg reports.
Microsoft msft cofounder Paul Allen (estimated wealth: $40 billion) picked up the NBA Portland Trail Blazers in 1988 and now owns the NFL Seattle Seahawks.
Forbes cuts estimated wealth of 'billionaire' Theranos founder to $0.
Asset-based methods have previously been applied by the World Bank and other studies to estimate wealth status [ 27- 29].
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