John Fredriksen and Eyal Ofer are not the richest men in the industry according to the latest rundown of the world’s billionaires by Forbes magazine - but they do lead their respective countries.

With port tycoon Li Ka-shing still the richest man in Hong Kong and Philip Niarchos holding the honours in Greece, shipping fortunes have helped crown the richest men in four of the 70 countries hosting billionaires.

Ka-shing’s