Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: TUESDAY, July 10, 1990                   TAG: 9007100411
SECTION: NATIONAL/INTERNATIONAL                    PAGE: A1   EDITION: METRO 
SOURCE: Associated Press
DATELINE: NEW YORK                                LENGTH: Long

NEW LIST OF WORLD'S RICHEST DUMPS TRUMP

Despite the New York developer's financial troubles, the United States continues to contain the world's largest number of billionaires - 62 - according to Forbes magazine. In addition, there are 37 U.S. families with fortunes of more than $1 billion, Forbes said in its July 23 issue.

In estimates released Tuesday, Forbes said the world's wealthiest person for the fourth-straight year was Yoshiaki Tsutsumi, whose railroad and real estate empire includes golf courses, ski resorts and hotels. Forbes estimated his net worth at $16 billion, up about $1 billion from last year.

Forbes' estimate was far greater than that of rival business magazine Fortune, which put Tsutsumi's net worth at $3.1 billion in September.

Fortune said the world's richest person is the Sultan of Brunei, at $25 billion. Forbes doesn't include heads of state.

Following the 56-year-old Tsutsumi on Forbes' list was Japanese developer Taikichiro Mori, a former economics professor who owns 78 office buildings. Forbes put Mori's net worth at $14.6 billion.

Third was the family of Sam Walton, founder of Wal-Mart, the third-largest U.S. retail chain. Forbes estimates that the Waltons, who also were third-ranked last year, were worth $13.3 billion, up from $8.7 billion in 1989.

America's du Pont family was fourth, with a net worth at $10 billion. They were followed by Swedish brothers Hans and Gad Rausing, who control a packaging empire worth $9.6 billion.

Kitaro Watanabe, a Japanese real estate owner, was sixth at $9.2 billion. He was followed by Canada's Reichmann brothers, owners of the Olympia & York real estate company, at $9 billion.

Kenkichi Nakajima and his family, founder of Japan's largest maker of pachinko machines, a gambling game similar to pinball, were eighth at $8.4 billion.

South Korea's Shin Kyuk-ho, who owns a candy and real estate empire, was ninth at $7 billion to $8 billion; and Forrest E. Mars and family of the United States, of Mars candy fame, were 10th at an estimated $6 billion.

Other American families with net worth exceeding $3 billion were the Newhouse, Hearst and Cox families, who derive their fortunes from publishing and broadcasting; the Bass family of Texas; the Mellon family of banking fame; the Dorrance family, whose wealth comes from Campbell Soup Co.; and Bill Gates, founder of the computer software company Microsoft Corp.

John Kluge of Charlottesville, Va., remained the richest American individual, according to Forbes. Kluge, founder of the media company Metromedia, has an estimated net worth of $5.2 billion, placing him in a tie for 12th place on the worldwide list with the Newhouses.

As for Trump, Forbes put his net worth last year at $1.7 billion, but it dropped sharply this year as the value of his real estate and airline empire crumbled. In April, the magazine said he was worth about a half a billion dollars. Some sources peg it even lower.

Forbes says one trend it noticed in compiling this year's list was the number of wealthy Germans. The magazine identified 38 West German billionaire families - far more per capita than in Japan or the United States.

The list includes 40 Japanese and 99 American individuals or families with net worths above $1 billion.

The magazine says it excludes from consideration royal families and heads of state because their wealth "derives more from political heritage than from economic effort."

But it doesn't exclude drug dealers. Among the billionaires it lists are Colombia's Pablo Escobar Gaviria, the head of the Medellin cocaine cartel, at about $3 billion, and Colombia's Ochoa family, at about $2 billion.

Here is Forbes' list of the world's richest people, with net worth of more than $2 billion. Listed are the billionaires, their country, business and estimated personal worth. Virginia residents are indicated in bold:

1. Yoshiaki Tsutsumi; Japan; land, railroads, resorts; $16 billion. 2. Taikichiro Mori; Japan; property development; $14.6 billion. 3. Sam Walton and family; United States; retailing; $13.3 billion. 4. du Pont family (some members); United States; inheritance; $10 billion. 5. Hans and Gad Rausing; Sweden; liquids packaging; $9.6 billion. 6. Kitaro Watanabe; Japan; real estate; $9.2 billion. 7. Reichmann brothers (Paul, Albert and Ralph); Canada; real estate, investments; $9 billion. 8. Kenkichi Nakajima; Japan; pachinko machines; $8.4 billion. 9. Shin Kyuk-ho; Korea; candy, real estate; $7 billion-$8 billion. 10. Forrest E. Mars and family; United States; candy; $6 billion. 11. Eitaro Itoyama; Japan; land; $5.8 billion. 12. John Kluge; United States; media, real estate; $5.2 billion. 12 (tie). Samuel I. and Donald E. Newhouse; United States, publishing; $5.2 billion. 14. Erivan Haub; Germany; supermarkets; $5 billion-plus. 14 (tie). Haruhiko Yoshimoto and family; Japan; real estate; $5 billion-plus. 16. Bass family (Robert, Lee, Sid and Edward); United States; oil, investments; $5 billion. 16 (tie). Brenninkmeyer family; Holland; retailing; $5 billion. 16 (tie). Barbara Cox Anthony and Anne Cox Chambers; United States; inheritance; $5 billion. 16 (tie). Kenneth Colin Irving and family; Canada; oil distribution, paper, land; $5 billion. 16 (tie). Yohachiro Iwasaki; Japan; logging, property, resorts; $5 billion. 16 (tie). Quandt family; Germany; autos, industry; $5 billion. 16 (tie). Kenneth Roy Thomson; Canada; publishing, retailing; $5 billion. 23. Cargill-MacMillan; United States; grain; $4.8 billion. 23 (tie). Kiyoshi Sagawa, Japan; delivery service; $4.8 billion. 25. Giovanni Agnelli and family; Italy; autos; $4.7 billion. 25 (tie). Jay Arthur and Robert Alan Pritzker; United States; financier, manufacturing; $4.7 billion. 27. Junichi Murata; Japan; facsimile equipment, industrial machinery; $4.6 billion. 28. Hearst family; United States; inheritance (media); $4.4 billion. 29. Mellon family; United States; inheritance; $4.2 billion. 30. Hirotomo Takei; Japan; publishing, real estate; $4 billion-plus. 31. Takenaka family; Japan; construction; $3.9 billion. 32. Warren Edward Buffett; United States; stock market; $3.8 billion. 32 (tie). Dorrance family; United States; food products; $3.8 billion. 34. Seydoux-Schlumberger family; France; textiles, media, oil services; $3.7 billion. 35. Hattori family; Japan; watches; $3.5 billion. 36. Charles de G. Koch and David H. Koch; United States; inheritance (oil services); $3.4 billion. 36 (tie). Yoneichi Otani; Japan, hotels; $3.4 billion. 38. William Henry Gates III; United States; computer software; $3.2 billion. 39. Friedrich Karl Flick; Germany; heavy industry; $3 billion-plus. 39 (tie). Gerald Cavendish Grosvenor; U.K.; real estate; $3 billion-plus. 39 (tie). Haniel family; Germany; trading, retailing; $3 billion-plus. 39 (tie). Henkel family; Germany; consumer products; $3 billion-plus. 39 (tie). Hisakichi Yamaguchi; Japan; cans; $3 billion-plus. 44. Pablo Escobar Gaviria, Colombia, cocaine, $3 billion. 44 (tie). Keizo Saji; Japan; liquor; $3 billion. 44 (tie). Rinji Shino; Japan; real estate, leisure; $3 billion. 47. Albrecht family; Germany; supermarkets; $2 billion-plus. 47 (tie). Al-Rajhi family; Saudi Arabia; money changing, banking; $2 billion-plus. 47 (tie). Otto Beisheim; Germany; retailing; $2 billion-plus. 47 (tie). Silvio Berlusconi; Italy; media, retailing, real estate; $2 billion-plus. 47 (tie). Liliane Bettencourt; France; cosmetics; $2 billion-plus. 47 (tie). Bin Mahfouz family; Saudi Arabia; banking, investments; $2 billion-plus. 47 (tie). Boehringer family; Germany; pharmaceuticals; $2 billion-plus. 47 (tie). Chang Yung-fa; Taiwan; shipping; $2 billion-plus. 47 (tie). Michele Ferrero; Italy; candy; $2 billion-plus. 47 (tie). Wilhelm and August von Finck; Germany; banking, real estate; $2 billion-plus. 47 (tie). Reinhart Freudenberg; Germany; chemicals, diversified products; $2 billion-plus. 47 (tie). Tamesaburo Furukawa; Japan; real estate; $2 billion-plus. 47 (tie). Garza Sada family; Mexico; beer, steel, packaging; $2 billion-plus. 47 (tie). Hans Gerling; Germany; insurance; $2 billion-plus. 47 (tie). Ken Hayashibara; Japan; pharmaceuticals, real estate; $2 billion-plus. 47 (tie). Hoffmann family; Switzerland; pharmaceuticals; $2 billion-plus. 47 (tie). Ingvar Kamprad; Sweden; furniture retailing; $2 billion-plus. 47 (tie). Shigeru Kobayashi; Japan; real estate; $2 billion-plus. 47 (tie). Vehbi Koc; Turkey; conglomerate; $2 billion-plus. 47 (tie). Liem Sioe Liong; Indonesia; finance, trade, manufacturing; $2 billion-plus. 47 (tie). Merck family; Germany; drugs, chemicals; $2 billion-plus.

47 (tie). Mohn family; Germany; publishing; $2 billion-plus. 47 (tie). Ochoa family; Colombia; cocaine; $2 billion-plus. 47 (tie). Rudolf August Oetker and family; Germany; food, brewing; $2 billion-plus. 47 (tie). von Oppenheim family; Germany; banking; $2 billion-plus. 47 (tie). Otsuka family; Japan; pharmaceuticals; $2 billion-plus. 47 (tie). Sabanci brothers; Turkey; conglomerate; $2 billion-plus. 47 (tie). David Sainsbury and family; United Kingdom; supermarkets; $2 billion-plus. 47 (tie). Schickedanz family; Germany; mail order; $2 billion-plus. 47 (tie). Stephan Schmidheiny and family; Switzerland; construction; $2 billion-plus. 47 (tie). Schmidt-Ruthenbeck; Germany; retailing; $2 billion-plus. 47 (tie). Yasuo Takei; Japan; money lending; $2 billion-plus. 47 (tie). Samuel and Edmund Vestey; United States; meatpacking; $2 billion-plus. 47 (tie). Garry and Galen Weston; Canada; foods, supermarkets; $2 billion-plus. 47 (tie). Hiroshi Yamauchi; Japan; video games; $2 billion-plus. 47 (tie). Tadao Yoshida and family; Japan; zippers, building materials; $2 billion-plus.