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Top 10 Richest People In The World 2020



richest people

Richest People In The World

1. JEFF BEZOS

Established by Jeff Bezos in 1994, Amazon has become one of the world’s biggest e-commerce outfits where book sales are peaking massively.

Prior to his involvement in the online sale of books, Jeff Bezos served as an employee at a hedge fund. Besides Amazon, Jeff Bezos has an unbending taste for space travel and the fortunate American is committed to improving space technology. As regards that, Jeff Bezos claims Blue Origin (the aerospace outfit he owns) will convey passengers through a reusable rocket.

54-year-old Jeff Bezos is a self-made billionaire and resident of Seattle, Washington in the United States. A citizen of the United States, Jeff Bezos is a married man blessed with four children. In 2013, Jeff Bezos sacrificed the sumptuous sum of $250 million to acquire the ownership of the Washington Post.

2. BILL GATES

Net Worth: $97 Billion
Bill Gates is the world’s second richest person with a net worth of $97 billion. He served as the world’s richest person for years until Jeff Bezos’ massive net worth increase withdrew him to the second position. Bill Gates’ net worth is believed to have increased over the years, but it still lags behind Jeff Bezos’ net worth estimated in excess of $100 billion.

Bill Gates’ wealth largely stems from technology. Together with Melinda (Bill Gates’ spouse), Bill Gates serves as the chairperson of the Bill & Melinda Gates Foundation -a charitable organization which has come to be regarded as the largest in the world.

Top 10 Richest People In The World
Bill Gates Among The Top 10 Richest People in the World
By virtue of its purpose, the Bill & Melinda Foundation helps in facilitating health globally and strives vibrantly to save people’s lives. In conjunction with Rotary International, the charitable organization aims to eradicate polio.

Although Bill Gates has investments in a number of assets and stocks, the 62-year-old American is best known for his shareholding in Microsoft. At the moment, his share in Microsoft is fairly above 1% since he has given away the largest part of it.

Like Jeff Bezos, Bill Gates is a self-made billionaire and citizen of the United States. A resident of Medina, Washington in the US, Bill Gates is a married man blessed with 3 children.

3. WARREN BUFFETT

Net Worth: $88.3 Billion
Warren Buffett -often dubbed the ”Oracle of Omaha” -is the third richest person in the world and his current net worth stands at $84.2 billion. Regarding his massive fortune in the field of investment, Warren Buffett has been named one of the all-time successful investors in the world.

87-year-old Warren Buffett is a child of a U.S congressman and he is said to have started investing at the age of 11 when he purchased his first stock.

Warren Buffett, who is widely seen as a philanthropist, controls Berkshire Hathaway -a voluminous company with over 60 sub-companies among which are Dairy Queen (a restaurant chain), Duracell (a battery manufacturer) and Geico (an insurance company).

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Who is The Richest Person In The World
Warren Buffet Among The Top 10 Richest People in the World
With intense devotion towards charity, Warren Buffett has pledged to donate over 99% of his wealth and as regards this, the American philanthropist has donated almost $32 billion. In 2010, Warren Buffett joined hands with his fellow billionaire Bill Gates in setting up the Giving Pledge. Meanwhile, the Omaha-based man has implored otherworldly billionaires to contribute 50% of their wealth to charity. Without any doubts, Warren Buffett has struck a significant landmark as one of the most influential philanthropists in the world.

4. BERNARD ARNAULT

Net Worth: $76 Billion
Bernard Arnault has the net worth of $76 billion, distinguishing him as the fourth richest person in the world. By and large, he is a globally recognized taste-maker who controls numerous brands among which are Sephora and Louis Vuitton.

Only in a single year, Bernard Arnault experienced a whopping $30.5 billion increase in net worth, placing him among the Top 10 Richest Men in the World. Meanwhile, the colossal increase is said to have stemmed from the record outcomes at LVMH plus the sumptuous deal to acquire the largest part of Christian Dior.

Who Is The Richest Man In The World
Bernard Arnault Among The Top 10 Richest People in the World
A 69-year-old resident of Paris, France, Bernard Arnault has LVMH as the mainstay of his wealth and the French magnate has appeared among the most powerful people in France. He graduated from Ecole Polytechnique de Paris with a Bachelor degree in Arts. Currently, he is a married man blessed with 5 children.

5. MARK ZUCKERBERG

Net Worth: $ 61 Billion
Mark Zuckerberg is globally recognized as the CEO of Facebook and the massive net worth of $61 billion gives him the 5th position on Forbes’ list of the world’s richest billionaires.

Like Bill Gates, Mark Zuckerberg dropped out of Harvard University. While he was only a 19-years-old, he created Facebook in 2004 and today, the social network is arguably considered the biggest in the world.

A 33-year-old self-made billionaire, Mark Zuckerberg launched Facebook at Harvard University as a platform for his colleagues to measure up names to faces. At the moment, Zuckerberg’s stake accounts for approximately 17% of Facebook’s stock.

Zuckerberg’s emergence into this list is a clear indication that the young American billionaire has experienced a colossal net worth increase resulting from Facebook’s soaring stock.

A resident of California, US, Mark Zuckerberg is a married man with two children. Following the footsteps of several multi-billionaires, Zuckerberg and Priscilla Chan (Zuckerberg’s spouse) are committed to charitable donations. With regard to that, they have promised to give out 99% of their Facebook stake in charity.

6. AMANCIO ORTEGA

Net Worth: $60.3 Billion
Amancio Ortega’s net worth stands at $60.3 billion. In Europe, Amancio Ortega is considered one of the wealthiest people and his colossal net worth makes him the world’s richest retailer.

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In 1963, Ortega started his business career as a member of a mini family-owned firm producing textiles. Together with Rosalia Mera (his wife), Amancio Ortega founded Inditex which is widely recognized for its Zara fashion group. Meanwhile, the establishment of this fashion outfit has made Ortega an innovator in fast fashion.

An 81-year-old Spaniard and resident of La Coruna, Spain, Amancio Ortega is a married man with three children. Annually, Ortega’s dividends are estimated in excess of $400 million. With much concentration on investments, the Spanish billionaire has channeled his dividends into real estate. Meanwhile, these investments span across popular regions including Miami, Madrid, New York, Chicago, London, and Barcelona.

Ortega’s stake accounts for 60% of the overall shareholding in Inditex -a renowned company controlling 8 global brands among which are Pull & Bear and Massimo Dutti.

7. LARRY ELLISON

Net Worth: $58.4 Billion
Larry Ellison has the net worth of $58.4 billion recorded as of March 6, 2018. He is a software magnate and co-founder of Oracle -a software company established in 1977 with a view to providing management databases pertaining to the customer relationship.

Until 2014, Larry Ellison served as the CEO of Oracle and currently, he still serves authoritative roles as chief technology officer as well as the chairman of Oracle’s board.

In 2016, Oracle sacrificed the sum of $9.3 billion to acquire Netsuite -a firm concerned with cloud software. Meanwhile, this significant deal has integrated Oracle’s involvement in cloud computing. Earlier on and precisely in 2010, Oracle had sacrificed the sum of $7.4 billion to acquire Sun Microsystems and this had integrated its involvement in hardware.

A 73-year-old citizen of the United States, Larry Ellison is a self-made billionaire and the tenth richest person on Forbes’ list of World’s Billionaires. Currently, the software magnate is a divorcee with two children.

As part of his charitable objectives, Larry Ellison made a pledge in 2016 implying that he would donate the sum of $200 million to the University of Southern California. Meanwhile, this was aimed at the establishment of a centre for cancer treatment.

8. CARLOS SLIM HELU

Net Worth: $56 Billion
Carlos Slim Helu comes seventh on Forbes’ list of World’s Billionaires. A telecom magnate considered the richest man in Mexico, Slim Helu has the massive net worth of $56 billion. Together with his family, Carlos Slim Helu oversees America Movil which is unarguably the biggest telecom company in Mexico.

In 1990, Carlos Slim Helu joined hands with foreign telecom tycoons and purchased a share in Telmex -the only Mexican company producing phones. Today, Telmex now operates as a subsidiary of America Movil.

Top 10 Richest Men In The World
Carlos Slim Helu Among The Top 10 Richest People in the World
Slim Helu’s stake accounts for 17% of the New York Times and besides telecommunications, the Mexican magnate has shares in other areas including real estate, construction, mining, consumer goods.

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78-year-old Slim Helu is a self-made billionaire and resident of Mexico City, Mexico. Regarded as one of the most powerful Mexicans, Carlos Slim Helu is a widower with 6 children. He graduated from Universidad Nacional Autonoma de Mexico with a bachelor’s degree in Arts/Science.

Fernando Romero (a son-in-law to Slim Helu) built the Mexico-based Soumaya Museum which houses Slim Helu’s enormous art collection.

9. LARRY PAGE

Net Worth: $53.8 Billion
10. Charles Koch
Net Worth: $53.5 Billion
Charles Koch is the CEO and chairman of Koch Industries and has been maintaining his position since 1967. He is currently worth $60.1 billion and his conglomerate (Koch Industries), is the second biggest private company in the United States.

Koch Industries maintains the revenue of $100 billion and this stems from diverse businesses of which are chemicals, pipelines, Stainmaster carpets, Brawny paper towels, and Dixie cups.

Koch Industries was established by Fred Koch (the father of Charles Koch) in the early 1940s. Fred Koch integrated a technique of processing heavy oil into gasoline. Currently, Charles Koch’s stake accounts for 42% of Koch Industries and this is the same amount of stake his brother (David) owns in the firm. In 1983, the duo joined hands and bought stakes for their two other brothers in Koch Industries.

82-year-old Charles Koch is a self-made billionaire and resident of Wichita, Kansas. He is currently a married man with two children. So far, Charles Koch has channeled funds into several think tanks among which are the American Enterprise Institute, the Heritage Foundation, and the libertarian Cato Institute.

10. DAVID KOCH

Net Worth: $53.5 billion
Alongside his brother, Charles Koch, David Koch is the majority stakeholder of Koch Industries -the second biggest private firm in the US. His net worth currently hovers around $53.5 billion, making him one of the Top 10 Richest People in the World.

In revenue, Koch Industries has accumulated the sum of $100 billion and it controls several businesses including Quilted Northern toilet paper, Dixie cups, production of fertilizers and operation of pipelines.

A native of Kansas, 77-year-old David Koch is a self-made billionaire and resident of New York, United States. As one of the significant stakeholders of Koch Industries, David Koch controls the chemical technology group of the firm.

David Koch is a prominent American philanthropist and he has donated massively to Memorial-Sloan Kettering Cancer Centre and Lincoln Centre (In New York).

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