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Saturday, April 24, 2010

Billionaires you've never heard of

Martin Naughton

$1.5 billion
Glen Dimplex
Ireland
Press-shy aeronautical engineer built world's largest manufacturer of electrical heating appliances (stoves, electrical fireplaces, space heaters, decorative fires, water heaters). Founded Glen Electric in 1973; acquired Dimplex four years later. Became sole owner of Glen Dimplex in 2003.






Min Kao

$1.6 billion
Garmin
U.S.
With partner Gary Burrell, launched GPS-device designer that became Garmin in 1989. Started marketing navigation units to directionally challenged drivers in 1998. Garmin's biggest retailer: Best Buy.







Allan Wong

$1.1 billion
VTech
Hong Kong
Cofounded Video Technology in 1976. First product: a portable electronic-game console. Today VTech is the largest seller of cordless phones in the U.S.; also makes high-tech educational toys.




Murat Ulker

$2.1 billion
Yildiz
Turkey
His family's Yildiz Holding bought Godiva from Campbell Soup for $850 million in 2007. Company owns candy factories in Uzbekistan, Ukraine and Saudi Arabia.




Thomas Secunda

$1.2 billion
Bloomberg LP
U.S.
The lesser-known cofounder of financial data and news outfit, he worked with Michael Bloomberg at Salomon Brothers. Helped design prototype of company's now ubiquitous terminal.





Jorge Paulo Lemann

$11.5 billion
Anheuser-Busch Inbev
Brazil
With Marcel Telles and Carlos Alberto Sicupira, holds hefty stake in beverage giant Anheuser-Busch Inbev. First fortune: Flipped investment bank Banco Garantia for $675 million in 1998.





Axel Oberwelland

$1.7 billion
Storck
Germany
Became sole owner of the candy company Storck GmbH after his father's death in 2005. Outfit makes popular Werther's Original, Riesen caramels. Sales: $1.9 billion.





David Murdock

$2.5 billion
Dole
U.S.
Took charge of the struggling food company 1985. Today Dole is the world's largest producer of fruits and vegetables. Company went public last year; Murdock serves as chairman.





James Leprino

$2.5 billion
Leprino Foods
U.S.
Joined father's dairy outfit at age 18; transformed it into the world's largest mozzarella producer. Today Leprino Foods supplies cheese for Domino's, Papa John's, Pizza Hut pizzas, Hot Pockets, string cheese.





Hiroshi Yamauchi

$4.2 billion
Nintendo
Japan
Largest individual shareholder of Nintendo. Firm started out selling playing cards; Yamauchi led push into videogame consoles. Introduced Nintendo Entertainment System in 1985, turned "Mario," "Zelda" into household names.

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