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Billionaires Who Don't Want You to Know They're Richer Than You Think - YouTube
Channel: BE AMAZED
[0]
- [Narrator] If you're
asked to name the world's
[1]
wealthiest people, you'll likely cite
[3]
Bill Gates or Jeff Bezos.
[4]
Well, you aren't exactly wrong
[6]
going with traditional sources such
[8]
as the Forbes Billionaire List.
[10]
However, some individuals
aren't on this list
[12]
but control an immeasurable
amount of dark wealth.
[15]
The following ten individuals
and families control
[18]
a vast amount of wealth
but for some reasons,
[20]
they choose to remain a secret.
[22]
Say for instance the privacy and wealth
[24]
were acquired in non-savory ways.
[29]
Number ten, Isabel dos Santos.
[32]
Eldest daughter of
Angola's longtime president
[34]
Jose Eduardo dos Santos,
Isabela dos Santos is
[37]
Africa's wealthiest woman
valued at $3.6 billion.
[41]
Back in 2012, Forbes
valued her at $500 million
[45]
but only last year her valuation increased
[48]
to over $3 billion.
[49]
This was not from savvy
investment decisions
[51]
but rather due to her
father transferring stakes
[54]
in several Angolan companies to her.
[56]
Of her over $3 billion net worth,
[58]
two thirds, or $1.8 billion corresponds
[61]
to stocks in the Portuguese
oil and gas company Galp.
[64]
Shares were acquired through Sonangol,
[65]
Angola's National Oil Company
[67]
but later transferred to her
[69]
through backroom dealings.
[70]
Though Isabel asserts
that her wealth is clean,
[72]
Maka Angola investigations proved
[74]
that contrary to her assertions,
[76]
the shares were acquired
using public funds.
[79]
Isabel dos Santos has
managed to hide her wealth
[81]
or better yet how she obtained it
[83]
using a group of companies.
[84]
To avoid any direct link to her,
[86]
Isabel's interests in Galp are held
[88]
indirectly through an offshore company.
[90]
Esperaza owns 45% of Amorin Energia
[93]
which is the largest Galp shareholder
[95]
with 38.4% ownership.
[97]
There are a couple of reasons why
[99]
Isabel Dos Santos would instead
[101]
not reveal her net worth
[102]
and how she got it.
[103]
First, it would lead to
criminal investigations,
[106]
and second, her deal with Sonangol
[107]
through Esperaza Holding BV would be ruled
[110]
null and void and her shares in Galp
[112]
would revert to the Angolan people.
[114]
Number nine, Kim Jong Un.
[116]
Kim Jong Un is said to be
worth around $5 billion.
[119]
This might not be so noteworthy
[120]
compared to other individuals on this list
[123]
but it's still a massive net worth
[124]
as North Koreans earn an
average of $1800 per year.
[128]
This wealth was discovered back in 2013
[130]
through a joint investigation by
[131]
South Korea and America.
[133]
They managed to unearth how Kim Jong Un
[135]
and his family have managed to hide
[137]
their ill-gotten wealth by distributing it
[139]
in over 200 foreign bank accounts
[141]
across the world.
[142]
The authoritarian dictator
cannot risk exposing
[144]
his vast wealth as it
would lead to an uprising
[147]
against him much like the Arab Spring,
[149]
which led to the ousting
[150]
of several long-time leaders.
[152]
Even so, his leadership is based on fear
[154]
and brainwashing people.
[156]
So it's unlikely they can
challenge his grasp on power
[158]
as easily as citizens
elsewhere have managed to.
[161]
Number eight, Bashar Al Assad.
[163]
We all know a bit about the lifetime
[165]
leader of Syria.
[166]
Bashar Al Assad,
[167]
owing to the ongoing
crisis to the country.
[169]
Al Assad is estimated to be worth between
[171]
$1 billion and $1.5 billion, but this
[174]
is only his realizable assets.
[175]
The actual figure goes well beyond this
[177]
seeing as Assad and his close friends
[179]
controlled over 60% of
the country's assets
[182]
during peace time.
[183]
The only issue with getting the real
[185]
net worth of Bashar Al Assad is
[187]
because his money trail is hard to trace.
[189]
But sources put his fortune at around
[190]
a $120 billion.
[192]
This wealth is difficult to account for,
[194]
as it's in countries like
Russia and Hong Kong,
[196]
with lackluster financial
rules and offshore tax havens.
[199]
Additionally, Assad has deployed
[201]
a myriad of companies
to disguise his wealth.
[204]
Nonetheless, to reduce
the risk of seizure,
[206]
Al Assad cannot disclose his net worth
[208]
since America and
European nations have made
[210]
it their mission to freeze Assad's assets
[212]
to undermine his regime.
[215]
Number seven, Hosni Mubarak.
[217]
Another authoritarian dictator,
[218]
Hosni Mubarak amassed
a vast amount of wealth
[221]
worth between $40 and $70 billion,
[223]
during his 30-year rule
as the president of Egypt.
[225]
This sum is comparable to the value
[227]
of other gulf country leaders.
[229]
He didn't squirrel away this much wealth
[231]
from his salary as he earned a measly $808
[234]
a month in 2007 and 2008.
[236]
So, it's mostly corruption money.
[239]
Mubarak made his first millions through
[241]
military contracts during his days
[242]
as an officer in Egypt's air force
[244]
which he would later add to
[246]
when he came into power through corruption
[248]
and stifling of public resources.
[250]
His sons who were
instrumental in increasing
[252]
his vast wealth, took
huge cuts from investing
[255]
in Egyptian businesses giving
preferred entrepreneurs
[258]
the capacity to operate as
monopolies in the country.
[261]
Mubarak has managed to
hide his vast wealth
[263]
in foreign banks and offshore accounts,
[265]
while the rest is in real estate,
[267]
in prime cities such as
[268]
Paris, Madrid, New York, and London.
[270]
Nonetheless, he cannot
openly disclose his fortune
[272]
as it's one of the
reasons he was overthrown,
[276]
and could increase his criminal charges.
[278]
Additionally, his
accounts could be frozen.
[279]
Number six, Sultan Hassanal Bolkiah.
[282]
To paint a more realistic picture
[283]
of the kind of obscene wealth
we're dealing with here,
[286]
this Sultan owns over 600
Rolls-Royce automobiles
[289]
and has the world's largest
[290]
private residence with 1788 rooms.
[293]
Hassanal Bolkiah is the Sultan of Brunei,
[295]
and most of his wealth is
from gas and oil sales.
[297]
Back in the 90s, Hassanal Bolkiah
[299]
was the world's richest
man worth $40 billion,
[302]
but this has since reduced to
$20 billion in recent years.
[306]
The Sultan does not
concern himself with hiding
[309]
his wealth, since it is tied to him,
[310]
despite it being regarded
as the country's wealth.
[313]
He has put much of his
wealth in real estate
[315]
acquiring properties like monopoly pieces.
[318]
He owns Asprey, the London
jeweler to the Queen,
[321]
The Dorchester in London and Hotel Bel-Air
[323]
and Beverly Hills Hotel in LA.
[325]
He also pays $21000 for haircuts,
[328]
something you'll know if you've seen
[329]
our video on ridiculous purchases made
[331]
by billionaires like him.
[333]
Number five, The House of Saud.
[335]
It's not known as Saudi
Arabia for no reason.
[338]
It's named after the Saud family that has
[340]
ruled the country from the 18th century.
[342]
The family is valued at $1.4 trillion
[344]
owing to their control of
Saudi Arabia's oil reserves.
[346]
Nonetheless, it's difficult
to trace their wealth
[349]
as it's distributed amongst
its 15000 family members
[353]
through the national welfare program.
[355]
Although only about 2000
members control most
[357]
of the wealth, it's
still difficult to trace.
[360]
Additionally the royal family has managed
[362]
to keep secret their income sources
[364]
by designing projects to provide revenue
[366]
for the King and his full-time brothers.
[368]
These are highly secretive and subject
[370]
to no ministry oversight.
[371]
The Al Saud family cannot risk revealing
[373]
their actual net worth
[374]
as it's mostly skimmed from oil.
[376]
In a meeting with the U.S
ambassador back in 1996,
[379]
one prince alluded to
revenues from one million
[382]
barrels of oil per day going
to only five or six princes.
[385]
Such information would only fuel the anger
[387]
of Saudi protestors
dissenting for reforms.
[390]
Also, it would bolster those who believe
[392]
the Kingdom is ready for a revolution.
[394]
Number four, Ratan Tata.
[395]
Head of the TATA group of companies,
[397]
Ratan Tata is currently
valued at only $1 billion.
[401]
However, this does not
reflect his real net worth.
[404]
It's mind boggling how
the head of one of the
[406]
world's top companies according to
[407]
market capitalization and reputation,
[409]
is not amongst the world's wealthiest.
[411]
The TATA group runs 96 companies
[413]
of which 28 are publicly listed companies.
[417]
These businesses also
span all infrastructure
[419]
industries like banking, steel, chemicals,
[421]
hotels, power and textiles.
[424]
Ratan Tata's real wealth
cannot be realized
[426]
as the companies are run
by the principal company
[429]
TATA Sons, whose chief
owner is not Ratan Tata,
[431]
but several charitable
organizations with 65% ownership.
[436]
This wealth does not show on
Tata's financial statement,
[438]
but he would be valued
at around $85 billion
[441]
if it was, making him the
world's wealthiest man.
[444]
Number three, Carlos Slim Helu.
[447]
According to some sources Slim is worth
[449]
$61.2 billion making him the sixth
[451]
wealthiest man in the world.
[453]
This is the first time
that Carlos has been
[455]
out of the top five in nearly a decade.
[457]
However, his actual net worth could reach
[459]
$129 billion given the control he has
[462]
over the Mexican economy.
[464]
Carlos Slim Helu owns over 200 companies,
[466]
and it's projected that roughly 40%
[467]
of the Mexican stock exchange comprises
[470]
of companies that are under his control.
[472]
Additionally, Mexico has come to be known
[474]
as 'Slimlandia' signifying the influence
[476]
Slim Helu has on the average Mexican.
[478]
It's quite difficult
for a Mexican to spend
[481]
a day without contributing
to Carlos' wealth.
[483]
They're born in his hospitals,
[485]
drive on his roads,
[486]
and use his telecommunication services.
[488]
Most of Carlos' net worth comes
[490]
from telecommunications and construction.
[492]
With control of over 80%
of all Mexico landlines
[494]
and 70% of all cellular companies,
[496]
Carlos can impose his will on how much
[499]
Mexicans pay for communication.
[501]
Between 2005 and 2009
Mexicans were overcharged
[503]
about $6.5 billion a year for landlines.
[506]
Also, Slim's dominance earned him
[508]
$129 billion over the five year period.
[511]
Though most of Carlos Slim
Helu's wealth is legal,
[514]
he refrains from divulging its extent
[517]
as his actions have impoverished
most of the country.
[520]
It may lead to people
boycotting his businesses.
[523]
On the other hand you
have to applaud him on his
[525]
success especially given
that he's done it legally.
[528]
Number two, Vladimir Putin.
[530]
The Russian president is
the world's wealthiest
[532]
and most powerful man,
[533]
and according to some financier estimates,
[535]
is worth more than Bill Gates
and Jeff Bezos combined,
[538]
with a value of around $200 billion.
[540]
According to Bill Browder, former CEO
[542]
of Hermitage capital management,
[544]
Putin has hired over 10000 officials
[546]
with instructions to kill, kidnap,
[548]
and extort money from citizens
[549]
by seizing their properties.
[551]
Also, Putin uses his political clout
[553]
to coerce Russian
investors into signing over
[555]
vast holdings of their companies to him.
[557]
However, seeing as most of
this wealth is ill-gotten,
[560]
Putin cannot reveal his real wealth
[562]
to avoid the risk of seizure.
[563]
Also, to reduce the risks involved,
[565]
he has put most of his
wealth in company holdings,
[568]
real estate, and other people's accounts.
[571]
Number one, Rothschild Family.
[573]
With a valuation of over $2 trillion,
[575]
the Rothschild family is
the wealthiest family in
[578]
the world and also one of
the best-kept wealth secrets.
[580]
This family's empire began
with Mayer Rothschild
[583]
back in the 18th century
when he established
[585]
banking and finance houses in Germany.
[588]
With the help of his five sons,
[590]
the Rothschild bank became the
first to transcend borders.
[593]
With the careful
cultivation of this wealth,
[595]
the Rothschilds benefited immensely during
[597]
the French revolution by funding
[599]
and providing materials to Austria.
[601]
They would later evolve
into a multi-national group
[603]
and become a chief financier
of war and industry.
[606]
Of the five sons, Nathan
Rothschild would go on
[609]
to become the most
successful, establishing
[611]
the central banking
structure we use today.
[613]
Also, he used underhand
tactics during England's war
[616]
with Napoleon to cause panic in England
[618]
which led to the total collapse
of England's stock exchange.
[621]
At the time, his agents
started snatching bonds
[624]
at record low-prices and two days later
[626]
Nathan was in control of
England's stock exchange.
[629]
According to Investopedia, as of 2015,
[632]
England was still paying back
[633]
the Rothschild family for money owed
[635]
from this Napoleonic fraud.
[637]
The Rothschilds have
managed to hide their wealth
[639]
by dividing it amongst the
many members of their family.
[641]
Finally, they cannot
reveal their massive wealth
[643]
as it proceeds from wars and only shows
[645]
the enormous income
inequality in the world.
[649]
Which secret billionaire
surprised you the most?
[652]
Also, how do you feel
about their vast wealth?
[654]
Does it encourage you to work hard?
[656]
Or, do you think the world's inequality
[658]
is unreasonable?
[658]
Let me know in the comments down below.
[661]
Thanks for watching!
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