CEO Las Vegas Sands Sheldon Adelson is the richest entrepreneur in the gambling industry

American magazine Forbes published the annual list of the richest people. Amazon founder Jeff Bezos has topped Forbes magazine’s annual rich list for the first time, overtaking Microsoft’s Bill Gates. Forbes estimates that Mr Bezos, who founded the online retail giant in 1994, is worth $112bn, up $39bn in last year – the biggest one-year gain eve

Sheldon Adelson, chairman and chief executive of casino developer Las Vegas Sands Corp, which operates casinos in Macau and Singapore, remained the richest entrepreneur among the world’s gaming billionaires, despite dropping one position in the overall ranking.

Adelson ranked 21st among billionaires worldwide in the Forbes 2018 World’s Billionaires list with an estimated net worth of US$38.5 billion. Lui Che Woo, founder and chairman of Macau gaming operator Galaxy Entertainment Group Ltd, climbed 59 places to 50th, on this year’s list. He is ranked second among gaming billionaires, with an estimated US$20.1 billion, up from US$12.1 billion last year.

Johann Graf, founder and CEO of Austrian gaming equipment maker Novomatic AG, is the third-richest gaming billionaire in the world. Graf is worth an estimated US$8.1 billion, ranking 186th in this year’s overall list.

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