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The sons of Sam Newhouse Sr., who left a media empire of 29 newspapers and five radio stations when he died in 1979, oversee a publishing and cable company whose holdings have leaped in value. NEWHOUSE, 59 New York NEW YORK $10.0B 100% of Advance Publications and Newhouse Broadcasting. She now turns that sum over to the Treasury and receives an annual payment ($7.3 million last year) from the Civil List. She owns 280,000 acres of land, including 350 in central London and virtually all the land around the coast of Britain, bringing in $73 million a year. The queen's stock portfolio increased in value 25% last year, and her art collection appreciated by 50%. Her pragmatic Majesty has invested wisely. Elizabeth, born third in line to the British throne, is the world's richest woman. and on the Continent racehorses jewelry art, stamp, porcelain, and silver collections vast shareholdings. QUEEN ELIZABETH II,63 London ENGLAND $10.9B Real estate, including Balmoral Castle in Scotland (50,000 acres), Sandringham House in Norfolk (20,000 acres) major property holdings in the U.S.
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It also makes M&M's, Uncle Ben's Rice, and Kal Kan pet food. Forrest Sr., inventor of the Milky Way and Snickers bars, lives quietly atop his candy factory in Las Vegas, where he retired to start a new company, while his two brooding boys run the business. reached an estimated $780 million last year on sales of $8 billion. once sicked the cops on two Fortune reporters for calling him at home), Mars spends big bucks, an estimated $300 million last year alone, on advertising to keep the company's products near the minds and pocketbooks of consumers. While the Mars clan openly detests press coverage (Forrest Sr.
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Secretive descendants of company founder Frank Mars remain America's richest family. MARS, 53 JACQUELINE MARS VOGEL,49 Las Vegas NEVADA McLean VIRGINIA Arlington VIRGINIA Bedminster NEW JERSEY $12.5B 100% of Mars Inc. Fahd is scheduled to visit Washington this month.įORREST E. Their mother was Hassa bint Ahmed al Sudairi. KING FAHD BIN ABDUL AZIZ AL SAUD, 69, and family Riyadh SAUDI ARABIA $18.0B The Saud family can draw at will on the kingdom's oil reserves.A moody king who feels more comfortable with the jet set than with the desert Saudis, Fahd is one of the Sudairi Seven, the seven favorite sons of King Abdul Aziz, founder of Saudi Arabia (he had 52 official sons and several wives). Two wives, three sons, and six daughters. The Sultan often appears in a medaled uniform, but his main claim to fame was a $10 million donation to the Nicaraguan contras that wound up in the wrong Swiss bank account and became involved in the Iran- contra affair.
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Brunei, on the northwest coast of Borneo in the South China Sea, gained full independence from Britain in 1984. He assumed the throne at 21 at his father's behest. 240,000) and wealthiest nations in the world. The 29th Sultan of Brunei presides over one of the smallest (pop. (FORTUNE Magazine) – SULTAN HASSANAL BOLKIAH,43 Bandar Seri Begawan BRUNEI $25.0B Oil and gas $20 billion in foreign investments.