BILLIONAIRES IN HORSE RACING, 2018, PART 2

Yesterday, Horse Racing Business provided brief background information on billionaire horse-racing owners from the United States, as gleaned from the Forbes’ annual enumeration (dated March 31, 2018).  Today, more billionaire owners are shown from outside the United States.

One note:  Forbes does not include monarchs and dictators in their listings, thus longtime billionaire racehorse owners like Queen Elizabeth II of Great Britain and Sheikh Mohammed Bin Rashid Al Maktoum of Dubai and Darley Stud are excluded.  In 2018, all billionaires from Saudi Arabia have also been excluded because of the changes brought about by Prince Mohammed bin Salman’s confiscation of holdings by Saudi Arabian billionaires.  The name, for example, of Saudi Prince Khalid bin Abdullah, proprietor of Juddmonte Farm, is absent.

Alain Wertheimer and Gerald Wertheimer, $13 billion each, Chanel, France.

Eva Maria Bucher-Haefner, $2.3 billion, Computer Associates, Switzerland.  Daughter of the late Walter Haefner, a prominent Swiss businessman and racehorse owner and breeder at Moyglare Stud in Ireland.

Dermot Desmond, $2.3 billion, finance, Irish-based and often associated with fellow Irish racehorse owners John Magnier of Coolmore Stud and J. P. McManus.

Julio Bozano, $1.8 billion, banking, Brazil.

Gerry Harvey, $1.7 billion, retailing, Australia.

Faisal Bin Qassim Al Thani, $1.6 billion, hotels and investments, Qatar.

Frank Stronach, $1.5 billion, auto parts, Austrian-born Canadian.  Owns Adena Springs Farm with locations in Canada and Kentucky.  The Stronach Group is a major owner of American racetracks, including Gulfstream Park, Santa Anita, and Pimlico, host site for The Preakness Stakes.

Hamad bin Jassim bin Jaber Al Thani, $1.2 billion, investments, Qatar.

Conspiculously absent from the Forbes country-by-country listing of billionaires is John Magnier of Coolmore Stud in Ireland.

Copyright © 2018 Horse Racing Business

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