Top Ten Richest Persons of the world
There are more than 2,000 billionaires in the world, Forbes reported, and that number is only expected to grow. Many of the world’s richest, like Microsoft founder Bill Gates or Facebook co-founder Mark Zuckerberg are self-made and took an idea that they turned into a billion-dollar fortune. The richest people in the world have a staggering amount of wealth — comparable to the GDP of small countries for some. Based on recent estimates from Forbes, the world’s richest people range from tech CEOs to heiresses to expert investors, read on to find out how and why these people got so rich. Many billionaires donate a large percentage of their money to charity. In fact, several of the world’s richest have made “The Giving Pledge,” which means they have vowed to give away at least half of their wealth to charity.
World’s richest man?
Jeff Bezos, who bought The Washington Post in 2013 for $250 million, owns about 17% of Amazon.com, which is part of what buoyed him to the world’s richest man. Amazon founder Jeff Bezos surpassed Bill Gates in July to become not only the world’s richest man, but the richest person in the world with an estimated net worth of $90.6 billion..
Amazon’s stocks surged ahead of the online retail giant’s quarterly earnings report, adding at least $1 billion to Bezo’s overall net worth. This has been a big year for Amazon, and in turn Bezos, which bought Whole Foods on June 16, 2017, and also had a record-breaking Amazon Prime Day.
World’s richest woman?
Walton is the only daughter of Walmart founder Sam Walton. Two women are now considered as the richest women in the world, One is Walmart heiress Alice Walton, who has a net worth of about $44 billion in November, according to Forbes. And the other is Bettencourt’s daughter Francoise Bettencourt Meyers, the 64-year-old heiress who now has a net worth of $42 billion, according to Bloomberg.
The following is the list of the ten Richest People in the World
1. Jeff Bezos ($98.2 billion)
This is the chairman, founder and the CEO of amazon the world’s largest e-commerce site. Initially an online book retailer operated out of Bezos’s garage in Seattle, Amazon.com grew to become the world’s largest online shopping retailer . The 53-year-old CEO of Amazon, launched the retail giant in 1994 after leaving his New York hedge fund job. Surprisingly on 27th July 2017 for just 4 hours only Jeff Bezos was the world richest man and this came as a result of Amazons climbing stock price which boosted her fortune to $90.6 billion.
Amazon bought the upscale grocery chain Whole Foods in June 2017 for an estimated $13.7 billion. Bezos’s parents, Jackie and Mike Bezos, operate the Bezos Family Foundation, which supports youth education. Bezos also owns a private space company Blue Origin and purchased The Washington Post in 2013 for $250 million.
Net worth: $98.2 billion
2. Bill Gates ($90.8 billion)
The founder of Personal Computer software company, Microsoft, Bill Gates is the world’s richest person. Gates born in Seattle, United States of America,with his childhood friend co-founded Microsoft together in 1975. Gates was the company’s chairmen until 2014 and CEO until 2000. At present he is a member of board and technology adviser of the Microsoft.
Gates has been crowned richest person of the world eighteen times for the past 23 times. Bill Gates launched a private charity foundation named Bill and Millinda Gates in 1999, co-chair with his wife Millinda Gates focuses on infectious diseases, including HIV and malaria around the world. His charitable foundation focuses on health and development issues across the world. He is the co-founder of “The Giving Pledge”, which aim to encourage other billionaires to donate to charity.
Net worth: $90.8 billion
3. Warren Buffett ($84.8 billion)
At the second position of the in the matrix of billionaires with his net worth $84.8 billion is the CEO of Berkshire Hathaway, Warren Buffett, a businessmen of United States of America. Buffett is an investment genius and an iconic figure, who filed his first tax at age thirteen. Buffett own more than 60 companies and nicknamed the Oracle of Omaha, wizard and sage. He and his wife, Priscilla Chan, have pledged to donate 99% of their wealth through the Chan Zuckerberg Initiative.
Net worth: $84.8 billion
4. Amancio Ortega $76 billion
The richest man in Europe, Ortega co-founded Inditex in 1975 with his ex-wife Rosalia Mera, who passed away in 2013. Amancio Ortega is the wealthiest retailer in the world today. Amancio Ortega is a Spanish self-made billionaire best known for founding Inditex fashion group, which includes Zara clothing stores. Unlike other billionaires, Ortega has stayed out of the public eye. In fact, no photograph of him was ever published until 1999.
Just the other day in 2016 he was the second richest man in the world but he was unable to keep up with the outsize gains of fellow billionaires as he only made $4.3 billion and hence he slipped to the fourth position. Amancio is a cofounder of Zara parent Inditex and every year he makes around $400m in dividends. He has invested in real estate in Miami New York Madrid Barcelona London Chicago and many other places.
Net worth: $76 billion
5. Mark Zuckerberg ($71.5 billion)
The Facebook founder and CEO, Mark E. Zuckerberg, is the 5th richest billionaire in the world after his fortune rose with $11.4 billion in the last 12 months. In a open letter to his first daughter, born on December 1, 2015, Marks Zuckerberg and his wife, Priscilla Chan, pledged to donate 99 percent of their Facebook shares, then valued at US$45 billion. Chan and Zuckerberg also signed “The Giving Pledge”.
The future looks bright for Zuckerberg who has already learnt that making the planet more connected can be a highly lucrative endeavor. Marks wealth has grown tremendously as investors are scrambling to buy his social network stock.
6. Bernard Arnault ($65.1 billion)
Bernard Arnault oversees an empire of 70 brands including Dom Perignon, Bulgari, Louis Vuitton, Sephora and Tag Heuer. Bernard Arnault is the CEO of LVMH (Louis Vitton Moet Hennessey), the company was formed from merging, Louis Vitton, the very successful luxury fashion brand, and Moet Hennessey, the merged champagne and cognac manufacturers. The company, where he has been CEO since 1989, had record sales of nearly $40 billion in fiscal year 2016. He has nearly 3,900 retail stores, all under the umbrella of luxury goods powerhouse LVMH.
He also has billions of dollars of stock in LVMH directly, in supermarket chain Carrefour and in Hermes. LVMH is now working with the City of Paris to create another major new cultural institution that will be dedicated to artists and live performances.
7. Carlos Slim ($64.6 billion)
Carlos Slim Helú 81-year-old, Mexican business tycoon, is the richest person in Mexico owns America Movil, the largest mobile phone company in Latin America. Slim’s father immigrated to Mexico from Lebanon with his family before Slim was born and had several successful retail and real estate businesses, Business Insider reported. He owns more than 200 companies in industries ranging from banking to retail to telecommunications. He has stakes at mining, foreign telecoms, construction, real estate, consumer goods companies and many other investments. Carlos founded his first company, Inversora Bursatil, in 1953, it is insurance company. Carlos was once the world richest man? Today Carlos is at position 6 which is a shock as for dozen years he has been among top 5 richest billionaires.
Carlos Slim founded the Grupo Carso conglomerate company, which includes a host of retailers and restaurants, among other companies. He is a philanthropist, but has criticized other billionaires for giving their money to charity. Instead, Slim has said company leaders need to “create companies” rather than “give away companies.”
Net worth: $64.6 billion
Industry: Telecommunications, banking, retail
8. Larry Ellison ($58 billion)
Larry Ellison, the founder, chairman and former CEO one of the largest software firms on earth that deals with customer relationship management database, Oracle. Without taken any computer class in his life, according to the Smithsonian, The 72-year-old billionaire, Larry founded his company in 1977. He learned about computer programming during his job, including he helped to build a database for CIA. He left his job to found Oracle with his two co-workers, which became the world’s most popular database.
Larry Ellison is the eight richest man in the richest persons of world. He has been the CEO for oracle till 2014 but today he is the chairman and chief technology officer of the company. Larry wealth has all been contributed by the success of his database company. He spent his wealth in more luxurious ways and has already given millions to charity and education, and plans to give away billions. He has millions of dollars worth of real estate around the world, including the entire island of Lanai in Hawaii.
Net worth: $58 billion
9. Charles Koch, David Koch ($50 billion)
Currently Charles Koch, 81 years old, is the chairman and co-owner, with his brother, David Koch, of the biggest company in the United States of America, Koch Industries, the second largest private company. Charles Koch and his brothers inherited the company from their father who died in 1967 a man hailed for inventing the method of turning heavy oil into gasoline.
Today Charles Koch and David Koch separately own 42% stake on the company as they bought the company from their brothers Fredrick and William for $1.1 billion in 1983, which produces brands like Dixie Cup, Quilted Northern paper towels and Stainmaster carpet cleaner.
The conservative Koch brothers use their deep pockets to influence politics and public policy through an expansive network. Today the company deals with refineries, pipelines, chemical technology, consumer products such as Brawny paper towels, fertilizers, fibers and polymers such as stainmaster carpets.
Net worth: $50 billion each
10. Larry Page ($49.7 billion)
Larry Page is the co-founder of Google, which was founded back in a garage in 1998. Larry Page sits at the helm of Alphabet, the parent company of Google, healthcare division Calico, smart home appliance division Nest and more. Google’s success has made Larry Page one of the richest people in the world. Page was its first CEO until 2001. After serving as president of products, he took CEO job again in 2011.
Source : Forbes.