This is a List of Richest Billionaires in Energy Industry in 2023 – 2024. The energy sector is a category of stocks that relate to producing or supplying energy. The energy sector or industry includes companies involved in the exploration and development of oil or gas reserves, oil and gas drilling, and refining. The energy industry also includes integrated power utility companies such as renewable energy and coal.
The energy sector is a large and all-encompassing term that describes a complex and interrelated network of companies, directly and indirectly, involved in the production and distribution of energy needed to power the economy and facilitate the means of production and transportation.
Companies within the energy sector are involved in various types of energy. For the most part, energy companies are categorized based on how the energy that they produce is sourced and will typically fall into one of two categories:
Non-renewable
- Petroleum products and oil
- Natural gas
- Gasoline
- Diesel fuel
- Heating oil
- Nuclear
- Coal
Renewable
- Hydropower
- Biofuels, such as ethanol
- Wind power
- Solar power
- Hydroelectric
Here is a List of Richest Billionaires in Energy Industry
Low Tuck Kwong has a net worth of US$26.0 billion, making him the wealthiest person in the energy industry. Leonid Mikhelson follows in second place with $21.6 billion, while Vagit Alekperov ranks third with $20.5 billion, and Harold Hamm comes in fourth with $20.2 billion.
The fifth and sixth spots on the list are occupied by Gennady Timchenko, whose net worth is $18.5 billion, and George Kaiser, whose net worth is $14.2 billion. Mikhail Fridman is placed 7th with a net worth of $12.6 billion. Sarath Ratanavadi ($11.4 billion) occupied the 8th position among the wealthiest people in the energy industry, followed by Jeffery Hildebrand (No. 9) with $11.3 billion and Autry Stephens (No. 10, $10.0 billion).
- Low Tuck Kwong: $26.0 billion
- Leonid Mikhelson & family: $21.6 billion
- Vagit Alekperov: $20.5 billion
- Harold Hamm & family: $20.2 billion
- Gennady Timchenko: $18.5 billion
- George Kaiser: $14.2 billion
- Mikhail Fridman: $12.6 billion
- Sarath Ratanavadi: $11.4 billion
- Jeffery Hildebrand: $11.3 billion
- Autry Stephens: $10.0 billion
- Carrie Perrodo & family: $9.7 billion
- Daniel Kretinsky: $9.3 billion
- Pei Zhenhua: $8.4 billion
- German Khan: $8.2 billion
- Leonid Fedun: $8.0 billion
- Richard Kinder: $7.7 billion
- Randa Duncan Williams: $7.4 billion
- Dannine Avara: $7.4 billion
- Milane Frantz: $7.4 billion
- Scott Duncan: $7.4 billion
