.
LIZ: WHO'S NOT ON THE
BILLIONAIRE'S LIST FOR 2018?
FORMER PAPA JOHNS CEO WAS ON IT
LAST YEAR.
NOW HE'S GOTTEN THE BOOT FROM
THE FORBES BILLIONAIRE LIST
AFTER JOHN SNIDER, THE PIZZA
GIANT FOUNDER BLAMED DECLINING
NFL VIEWERSHIP AND THE PLAYERS
KNEELING DURING THE ANTHEM AS
THE REASON BEHIND THE COMPANY'S
SLOWING SALES GROWTH.
IS IT ANY COINCIDENCE?
HERE IN A FIRST ON FOX BUSINESS
INTERVIEW, CHAIRMAN OF FORBES
MEDIA, FORMER REPUBLICAN
PRESIDENTIAL CANDIDATE STEVE
FORBES.
THIS IS AN INTERESTING LIST,
AND WHO'S NOT ON IT IS
INTERESTING IN A WAY.
>> YOU MENTIONED THE PAPA
JOHN'S SITUATION, NFL.
AND ON THE INTERNATIONAL LIST
NOT ON, ANY SAUDI ARABIANS,
THERE WERE A BUNCH IN THE PAST.
WITH THE ARRESTS AND THE
PAYMENTS SOME MADE TO AVOID
GOING TO JAIL, NO WAY TO KNOW
WHO HAS ANY REAL MONEY IN SAUDI
ARABIA.
YOU CAN'T RELY ON IT.
LIZ: THERE WAS THE SHAKEDOWN.
>> THERE WAS.
A NUMBER WERE ARRESTED, BUT
THOSE WHO WERE NOT ARRESTED,
APPARENTLY MANY MADE PAYMENTS
IN ADVANCE, THEY WERE TOLD YOU
PAY UP LIKE THE GODFATHER, WE
HAVE A DEAL YOU CAN'T REFUSE,
THIS YEAR WE DECIDE UNTIL THE
DUST OR SAND SETTLES, YOU MIGHT
SAY, WE'RE LEAVING THEM ALL
OFF.
LIZ: YOU HAVE PRINCE WALEED BIN
TALAL.
>> HE WAS FORCED TO WRITE.
LIZ: THE COVER STORY IS
FASCINATING.
>> ROBERT SMITH, ENTERPRISE
SOFTWARE AND NEW WAY OF DOING
EQUITY FINANCE, HE'S NOW WORTH
OVER $4 BILLION.
LIZ: THE FIRST
AFRICAN-AMERICAN.
>> RICHEST AFRICAN-AMERICAN ON
OUR LIST, OVER $4 BILLION, AND
ALWAYS WE HAVE A NUMBER OF
SELF-MADE WOMEN ON THIS LIST.
THERE ARE OVER 72 AROUND THE
WORLD.
256 OVERALL ON THE LIST, GOING
UP FROM 227 LAST YEAR.
BUT WE HAVE A NUMBER OF
SELF-MADE.
THEY DIDN'T GET IT FROM FAMILY,
THEY DID IT ON THEIR OWN, AND
THE RICHEST IS A WOMAN WHO HAS
LENS TECHNOLOGY WHICH MAKES
SCREENS FOR SMARTPHONES.
>> I REMEMBER HER.
>> HONG KONG.
SHE'S NOW THE RICHEST SELF-MADE
WOMAN IN THE WORLD.
AMAZING.
LIZ: AMAZING STORY.
HERE ARE THE TOP FIVE.
USUAL SUSPECTS, JEFF BEZOS,
BILL GATES, BUFFETT, BERNARD
ARNAULT OUT OF FRANCE AND MARK
ZUCKERBERG.
>> BIGGEST LEAP IN TERMS OF
INCREASING WEALTH EVER ON THE
LIST.
39 BILLION IN ONE YEAR,
INCREASE, WORTH OVER $112
BILLION TODAY.
$39 BILLION INCREASE IN ONE
YEAR, AND IF YOU LOOK IN THE
TOP 20.
TWO OF THE NEW ONES IN THE TOP
20, CHINESE.
JACK MA OF ALIBABA, AND ALSO
PONY MA.
LIZ: PONY AND JACK.
>> 17 FOR PONY, 20 FOR JACK.
CHINA IS COMING UP.
IF YOU ADD UP THE CHINESE
BILLIONAIRES AND THE
BILLIONAIRES FROM TAIWAN AND
HONG KONG AND MACAW.
CHINA HAS 476, GREATER CHINA,
U.S. 585.
BUT CHINA IS MOVING UP.
LIZ: WE SURE ARE.
WE ARE AWAITING PRESIDENT
TRUMP.
WHERE DOES HE STAND ON THE
LIST?
>> HE FELL, THOUGH HIS WEALTH
HASN'T CHANGED FROM CALCULATION
IN THE FALL.
THE FOUR RICHEST, 3.1 BILLION.
HE IS STAGNANT FROM A YEAR AGO
BUT THE REST OF THE WORLD HAS
MOVED UP.
WHEN HE WASN'T RUNNING THE
SHOP, THINGS AREN'T GOING AS
WELL.
LIZ: HE FELL 200 SPOTS?
>> 200 SPOTS, EXACTLY.
BUT NO TEARSTOR SHED, WHEN
YOU'RE WORTH 3 BILLION, YOU CAN
GET BY.
LIZ: SURE, HE SAID IN THE PAST
HE'S WORTH MORE THAN THAT.
HOW DO YOU CALCULATE THESE?
>> BEST ESTIMATES VALUE OF THE
ACTUAL VALUE OF PROPERTIES.
WE'VE GONE OVER HIM WITH A FINE
TOOTH COMB.
HE PUTS A HUGE VALUE ON THE
VALUE OF HIS BRAND.
YOUR BRAND MAY BE VALUABLE BUT
UNTIL YOU MONETIZE IT, WE DON'T
COUNT IT.
WE HAVE OTHERS WHO HAVE GREAT
BRAND NAMES BUT DON'T COUNT IT
UNTIL YOU ACTUALLY SHOW, LIKE
THE CHICKEN LAYING THE EGG, NOT
ENOUGH TO SAY EGGS ARE COMING,
WE WANT TO SEE THE EGGS.
LIZ: OR IN GOD WE TRUST, THE
REST OF YOU HAVE TO PAY CASH.
>> OR CREDIT CARD.
LIZ: STEVE FORBES, EVERYBODY,
BUY THIS EPISODE, THIS
MAGAZINE, I HAVE TO TELL YOU,
IT'S INSPIRING WHEN YOU READ
THESE STORIES, WHO KNOWS?
MAYBE ONE DAY YOU'LL BE ON IT.
>> HUNDREDS OF NEW ONES EACH