RELATED: Who are the world’s richest billionaires aged under 30?
Francoise Bettencourt Meyers, granddaughter of French pharmacist and L’Oreal founder Eugene Schueller, is the world’s richest woman with a net worth of $74.8 billion, topping the Forbes 2022 World Billionaires List for women for the second year in a row.
The 10 richest women in the world have a combined net worth of $401bn, with the majority inheriting their wealth, according to Forbes, which used stock prices and exchange rates from March 11 to calculate the personal fortunes of the wealthiest people on the planet.
In total, there are 2,668 billionaires in the world, down from an all-time high of 2,755 last year, Forbes said. Of this, there are 327 female billionaires, down from 328 in 2021.
“In all, these 327 women (including those who share their fortune with their spouse, child or sibling) are worth a collective $1.56 trillion, up from $1.53tn last year,” Forbes said in its annual report.
Walmart heiress Alice Walton ranked second on the list with a net worth of $65.3bn, followed by Julia Koch with a personal fortune of $60bn.
Last week, Forbes declared Elon Musk, the founder and chief executive of electric vehicle maker Tesla, the world’s richest person with a net worth of $219bn.
The Russia-Ukraine crisis, Covid-19 pandemic and volatile stock markets have taken a toll on the combined wealth of the world’s richest people, which slipped 3 per cent to $12.7tn over the past year, down from a record $13.1tn in 2021.
MacKenzie Scott, the former wife of Amazon founder Jeff Bezos, is the world's fourth-richest woman with a net worth of $43.6bn, while Jacqueline Mars — who inherited an estimated one third of Mars Incorporated, the sweets and pet food conglomerate behind brands such as M&M’s — is ranked fifth with $31.7bn.
Ms Scott, 51, who is now married to Dan Jewett, a science teacher living in Seattle, Washington, received a 4 per cent stake in Amazon as part of her 2019 divorce settlement from Mr Bezos, the world's second-richest person, according to Reuters. At the time, the stake was valued at $39bn.
Since her divorce, Ms Scott has become one of the world's most generous philanthropists, donating a total of about $12.4bn in 1,257 grants since she signed the Giving Pledge in 2019.
Over the past nine months alone, Ms Scott donated almost $3.9bn to 465 organisations, including the largest-ever gift from one person to Planned Parenthood, Bloomberg reported last week.
“We don’t advocate for particular policies or reforms,” Ms Scott said in her latest Medium post published on March 30. “Instead, we seek a portfolio of organisations that supports the ability of all people to participate in solutions.”
Meanwhile, 101 women on the Forbes World Billionaires list are self-made, including roofing supply entrepreneur Diane Hendricks with a personal fortune of $11bn, Gap co-founder Doris Fisher ($2.2bn) and British online gambling entrepreneur Denise Coates ($5.3bn), the magazine said.
Musician and businesswoman Rihanna made her debut on the Forbes list to become Barbados’ first billionaire with a net worth of $1.7bn.
Other newcomers include Australia's Melanie Perkins, 34, co-founder and chief executive of graphic design platform Canva, with a fortune of $6.5bn, and Melinda French Gates, who became a billionaire in her own right following her divorce from Bill Gates in 2021, with a net worth of $6.1bn, according to Forbes.
In total, the US has the highest number of female billionaires in the world with 90, followed by China on 63 (including 11 from Hong Kong) and Germany with 35, Forbes added.
The world’s top 10 richest women in 2022
- Francoise Bettencourt Meyers: $74.8bn
- Alice Walton: $65.3bn
- Julia Koch: $60bn
- MacKenzie Scott: $43.6bn
- Jacqueline Mars: $31.7bn
- Gina Rinehart: $30.2bn
- Miriam Adelson: $27.5bn
- Susanne Klatten: $24.3bn
- Iris Fontbona: $22.8bn
- Abigail Johnson: $21.2bn
The biog
Name: Timothy Husband
Nationality: New Zealand
Education: Degree in zoology at The University of Sydney
Favourite book: Lemurs of Madagascar by Russell A Mittermeier
Favourite music: Billy Joel
Weekends and holidays: Talking about animals or visiting his farm in Australia
Cricket World Cup League Two
Oman, UAE, Namibia
Al Amerat, Muscat
Results
Oman beat UAE by five wickets
UAE beat Namibia by eight runs
Fixtures
Wednesday January 8 –Oman v Namibia
Thursday January 9 – Oman v UAE
Saturday January 11 – UAE v Namibia
Sunday January 12 – Oman v Namibia
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COMPANY%20PROFILE
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Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
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Day 2, Abu Dhabi Test: At a glance
Moment of the day Dinesh Chandimal has inherited a challenging job, after being made Sri Lanka’s Test captain. He responded in perfect fashion, with an easy-natured century against Pakistan. He brought up three figures with a majestic cover drive, which he just stood and admired.
Stat of the day – 33 It took 33 balls for Dilruwan Perera to get off the mark. His time on zero was eventful enough. The Sri Lankan No 7 was given out LBW twice, but managed to have both decisions overturned on review. The TV replays showed both times that he had inside edged the ball onto his pad.
The verdict In the two previous times these two sides have met in Abu Dhabi, the Tests have been drawn. The docile nature of proceedings so far makes that the likely outcome again this time, but both sides will be harbouring thoughts that they can force their way into a winning position.
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3%20Body%20Problem
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Brief scoreline:
Manchester United 2
Rashford 28', Martial 72'
Watford 1
Doucoure 90'
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UAE SQUAD
Goalkeepers: Ali Khaseif, Fahad Al Dhanhani, Mohammed Al Shamsi, Adel Al Hosani
Defenders: Bandar Al Ahbabi, Shaheen Abdulrahman, Walid Abbas, Mahmoud Khamis, Mohammed Barghash, Khalifa Al Hammadi, Hassan Al Mahrami, Yousef Jaber, Salem Rashid, Mohammed Al Attas, Alhassan Saleh
Midfielders: Ali Salmeen, Abdullah Ramadan, Abdullah Al Naqbi, Majed Hassan, Yahya Nader, Ahmed Barman, Abdullah Hamad, Khalfan Mubarak, Khalil Al Hammadi, Tahnoun Al Zaabi, Harib Abdallah, Mohammed Jumah, Yahya Al Ghassani
Forwards: Fabio De Lima, Caio Canedo, Ali Saleh, Ali Mabkhout, Sebastian Tagliabue, Zayed Al Ameri
The Old Slave and the Mastiff
Patrick Chamoiseau
Translated from the French and Creole by Linda Coverdale
What went into the film
25 visual effects (VFX) studios
2,150 VFX shots in a film with 2,500 shots
1,000 VFX artists
3,000 technicians
10 Concept artists, 25 3D designers
New sound technology, named 4D SRL
Brief scores:
Toss: Sindhis, elected to field first
Kerala Knights 103-7 (10 ov)
Parnell 59 not out; Tambe 5-15
Sindhis 104-1 (7.4 ov)
Watson 50 not out, Devcich 49
What sanctions would be reimposed?
Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:
- An arms embargo
- A ban on uranium enrichment and reprocessing
- A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
- A targeted global asset freeze and travel ban on Iranian individuals and entities
- Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
Wednesday's results
Finland 3-0 Armenia
Faroes Islands 1-0 Malta
Sweden 1-1 Spain
Gibraltar 2-3 Georgia
Romania 1-1 Norway
Greece 2-1 Bosnia and Herzegovina
Liechtenstein 0-5 Italy
Switzerland 2-0 Rep of Ireland
Israel 3-1 Latvia
The Lost Letters of William Woolf
Helen Cullen, Graydon House
The more serious side of specialty coffee
While the taste of beans and freshness of roast is paramount to the specialty coffee scene, so is sustainability and workers’ rights.
The bulk of genuine specialty coffee companies aim to improve on these elements in every stage of production via direct relationships with farmers. For instance, Mokha 1450 on Al Wasl Road strives to work predominantly with women-owned and -operated coffee organisations, including female farmers in the Sabree mountains of Yemen.
Because, as the boutique’s owner, Garfield Kerr, points out: “women represent over 90 per cent of the coffee value chain, but are woefully underrepresented in less than 10 per cent of ownership and management throughout the global coffee industry.”
One of the UAE’s largest suppliers of green (meaning not-yet-roasted) beans, Raw Coffee, is a founding member of the Partnership of Gender Equity, which aims to empower female coffee farmers and harvesters.
Also, globally, many companies have found the perfect way to recycle old coffee grounds: they create the perfect fertile soil in which to grow mushrooms.
Match info
Deccan Gladiators 87-8
Asif Khan 25, Dwayne Bravo 2-16
Maratha Arabians 89-2
Chadwick Walton 51 not out
Arabians won the final by eight wickets
Company%20profile
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HIJRA
Starring: Lamar Faden, Khairiah Nathmy, Nawaf Al-Dhufairy
Director: Shahad Ameen
Rating: 3/5
AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street
The seven points are:
Shakhbout bin Sultan Street
Dhafeer Street
Hadbat Al Ghubainah Street (outbound)
Salama bint Butti Street
Al Dhafra Street
Rabdan Street
Umm Yifina Street exit (inbound)
The specs
Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now
Company%20Profile
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