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Caribbean Business News - Meet The 2024 Caribbean Billionaires - Morelos Diario

Caribbean Business News – Meet The 2024 Caribbean Billionaires


Information Americas, New York, NY, Weds. April 3, 2024: The checklist of the world’s richest individuals as compiled by Forbes is in for 2024 and three billionaires are listed as being “Caribbean billionaires.”

The 2024 Caribbean billionaires in accordance with web value are as follows:  

1: Kenneth Dart

Kenneth Dart is an inheritor to the Dart Container foam cup fortune and renounced his U.S. citizenship in 1994 to acquire citizenship in Belize. He’s the #652 richest particular person on the planet as we speak with a web value of US $4.7 billion and the richest within the Caribbean.

Kenneth-Dart

Dart relocated to the tax-free Cayman Islands in 1994. Born in Michigan, he invested a part of his fortune in distressed sovereign debt from Greece to Argentina and made giant income by rejecting restructuring offers.

His largest belongings are stakes in tobacco companies British American Tobacco and Imperial Manufacturers, which first turned public information in late 2020. He additionally owns vital actual property on the Camana Bay waterfront improvement within the Cayman Islands, a rustic the place he additionally has citizenship.

2: Rihanna

Barbados born musician, turned actress and entrepreneur, Rihanna, is listed because the second richest Caribbean billionaire, on a listing of simply three.

Rihanna is listed at #2,265 on the world’s wealthy checklist, with a web value of US $1.4B. That’s  largely partially to the success of her cosmetics line – Fenty Magnificence.

The cosmetics firm, which she co-owns with French luxurious retailer LVMH, doubled its income in 2022. She additionally has a 30% stake within the Savage x Fenty lingerie line, which raised cash at a $1 billion valuation in February 2021.

3: Myron Wentz

Myron-Wentz
Myron Wentz is the third richest Caribbean resident in accordance with Forbes.

Myron Wentz, the founding father of USANA, a multi-level advertising firm that sells dietary dietary supplements and skincare merchandise, rounds out the checklist of three Caribbean billionaires. Wentz, who renounced his American citizenship within the mid-1990s and now claims citizenship in St. Kitts & Nevis, has a web value of US $1.3B

Wentz owns 42% of the enterprise, which trades on the NYSE and makes $1 billion in web gross sales. He took it public in 1996. In December 2019, he retired as USANA’s chairman Previous to USANA, he based Gull Laboratories in 1974 to promote diagnostic checks to hospitals and labs; he offered his stake in 1994 for $22 million.



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