Skip to main content

Top 10 Richest people on World

  TOP 5 RICHEST PEOPLE ON THE  EARTH

   



1. Jeff Bezos


  • Net worth: $116.9 billion
founder: Amazon.com


 In 1994, Jeff Bezos founded Amazon.com in a garage in Seattle, shortly after he resigned from the hedge fund giant D.E. Shaw. In fact, he had originally pitched the idea of an online bookstore to his former boss David E. Shaw (a rumor that Shaw himself has confirmed), who wasn't interested.
Though Amazon.com originally started out selling books, it has since morphed into a one-stop-shop for everything under the sun, and is arguably the world's most important retailer. At any rate, it is hard to dispute its self-description as the "earth's most customer-centric company." Its pattern of constant diversification is evident in some of its unexpected recent expansions, which include its acquisition of Whole Foods in 2017 and its launching of its own branded over-the-counter drugs in Feb. 2018. 
Bezos took Amazon public in 1997, and has since gone on to become the first man since Bill Gates in 1999 to achieve a net worth of over $100 billion. Bezos' other projects include aerospace company Blue Origin, The Washington Post (which he bought in 2013), and the 10,000-year clock, also known as the Long Now

                           2. Bill Gates
           
                

Net worth : $99.9 billion
Co founder : Microsoft co.


The only Harvard dropout in the Top Five, Bill Gates' knack for increasing wealth is staggering, even for an already wealthy guy. The Microsoft co-founder's net worth has more than doubled since 2009.
Through the Bill & Melinda Gates Foundation, he has also spent billions to fight polio and malaria. Additionally, he pledged $50 million in 2014 to help fight Ebola.

Owner of LVMH  Net  Worth: $91.6 billion

French national Bernard Arnault is the chairman and CEO of LVMH, the world's biggest luxury goods company. The company owns some of the biggest brands on earth including Louis Vuitton, Hennessey, Bulgari, Marc Jacobs, Dior, Sephora, and many more. 
An engineer by training, Arnault's business chops became apparent whilst working for his father's engineering company, Ferret-Savinel. He converted the company to a real estate company in 1976.
Arnault acquired luxury goods maker Financière Agache in 1984, eventually selling all of its holdings other than Christian Dior and Le Bon Marché department store. He became chairman of the board of LVMH in 1989. His own investments are broad, including technology concerns and yacht companies.

4. Warren Buffett

  • Net Worth: $70.5 billion
  • Best Investor of the 20th Century

The most famous living value investor, Warren Buffet filed his first tax return in 1944 at age 14, declaring his earnings from his boyhood paper route.
He first bought shares in a textile company called Berkshire Hathaway in 1962, becoming the majority shareholder by 1965. He expanded the company to the insurance and other investments in 1967. Now, Berkshire Hathaway is a half-trillion-dollar company, with a single share of stock trading at over $300,000 per share in early 2019.
Warren Buffett is widely known as “The Oracle of Omaha” because of his knack for value investing, in other words, finding bargains in undervalued companies. While most investors have been piling into social media companies, Buffett has repeatedly stated that it’s too difficult to determine their value, and has instead stuck with investments that he thinks will pay off 10 years down the road. He is also a noted Bitcoin skeptic.
Buffett is also known for his frugality. At age 14, he itemized his bicycle as a $35 deduction on his first income tax return because he used it for his paper route. He gives much of his wealth to charity, and has said that he doesn't intend to leave his riches to his children. Between 2006 and 2019, Buffett has given back nearly $34.5 billion and committed to eventually giving away nearly his entire fortune.

5. Larry Ellison

  • Chief Technology Office and Founder of Oracle
  • Net Worth: $62.4 billion
Larry Ellison co-founded database software company, Oracle, in 1977. He stepped down as CEO in 2014, but is still CTO and chairman of the board. He has also served on the board of Tesla since December 2018.


Larry Ellison
Credit Phillip Faraone / Stringer.
     6. Amancio Ortega 

Noted as the richest person in Europe, Amancio Ortega is also the wealthiest clothing merchant in the world today. He co-founded Inditex, the firm that is popular for its Zara Fashion chain. He owns 60% stakes in Inditex that has 8 brands like Massimo Dutti and Pull & Bear, and runs 7,500 stores around the world. His net worth is 65.9 Billion US$.

     7. Mark Zuckerberg


Born in White Plains, New York, Zuckerberg attended Harvard University, where he launched the Facebook social networking service from his dormitory room on February 4, 2004, with college roommates Eduardo SaverinAndrew McCollumDustin Moskovitz, and Chris Hughes.Originally launched to select college campuses, the site expanded rapidly and eventually beyond colleges, reaching one billion users by 2012. Zuckerberg took the company public in May 2012 with majority shares. His net worth is estimated to be nearly $54 billion as of March 2020. In 2007, at age 23, he became the world's youngest self-made billionaire. As of 2019, he is the only person under 50 in the Forbes ten richest people list, and the only one under 40 in the Top 20 Billionaires list.

           8.     Jim Walton
       

On September 28, 2005, Walton replaced his deceased brother, John, on the Wal-Mart Board of Directors.He is currently on the Strategic Planning and Finance committees. He was CEO of his family owned Arvest Bank, until becoming Chairman of Arvest Bank, and Chairman of newspaper firm Community Publishers Inc. (CPI) owned by Jim Walton himself (but founded by his father Sam Walton after acquiring the local newspaper the Benton County Daily Record, both operating in ArkansasMissouri, and Oklahoma). He has pledged about $2 billion to the Walton Family Foundation along with his siblings from 2008 to 2013.

On October 15, 2015, The Baton Rouge Advocate in the capital city of Baton RougeLouisiana, reported that PAC-Empower Louisiana had allocated about $818,000 to candidates running for the Louisiana Board of Elementary and Secondary Education who support the Common Core State Standards Initiative. The political action committee members include Alice and Jim Walton, Eli Broad of Los AngelesCalifornia, and the trade association, the Louisiana Association of Business and Industry. Four candidates in eight districts, including Sandy HollowayJames Garvey in District 1 (suburban New Orleans), and Holly Boffy were declared "acceptable" to the PAC. Holloway collected $87,696; Garvey, the board vice president, $230,459; Boffy, another incumbent from Lafayette, $107,145.The Common Core candidates staged major victories in the primary election held on October 24, 2015.

In September 2016, Walton was reported to own over 152 million of Walmart shares worth over US$11 billion.


9. Alice walton


In her early career, Walton was an equity analyst and money manager for First Commerce Corporationand headed investment activities at Arvest Bank Group. She was also a broker for EF Hutton.In 1988, Walton founded Llama Company, an investment bank, where she was president, chairwoman and CEO.

Walton was the first person to chair the Northwest Arkansas Council and played a major role in the development of the Northwest Arkansas Regional Airport, which opened in 1998.At the time, the business and civic leaders of Northwest Arkansas Council found a need for the $109 million regional airport in their corner of the state.Walton provided $15 million in initial funding for construction.Her company, Llama Company, underwrote a $79.5 million bond.The Northwest Arkansas Regional Airport Authority recognized Walton's contributions to the creation of the airport and named the terminal the Alice L. Walton Terminal Building. She was inducted into the Arkansas Aviation Hall of Fame in 2001.

In the late 1990s, Llama Co. closed and, in 1998, Walton moved to a ra


nch in Millsap, Texas, named Walton's Rocking W Ranch.An avid horse-lover, she was known for having an eye for determining which 2-month-olds would grow to be champion cutters. Walton listed the farm for sale in 2015 and moved to Fort Worth, Texas, citing the need to focus on the Crystal Bridges Museum of American Art, the Bentonville, Arkansas, art museum she founded that opened in 2011.

In his 1992 autobiography Made in AmericaSam Walton remarked that Alice was "the most like me—a maverick—but even more volatile than I am."


 10. Rob Walton


Samuel Robson "Rob" Walton (born October 28, 1944) is an heir to the fortune of Walmart, the world's largest retailer. He is the eldest son of Helen Walton and Sam Walton. He served as Chairman of Walmart from 1992 to 2015. As of March 2020, Walton had a net worth of $54.1 billion, making him the 10th richest person in the world.

S. Robson Walton
IS. Robson Walton by Gage Skidmore.jpg
Walton in 2017
BornOctober 28, 1944 (age 75)
TulsaOklahoma, U.S.
EducationUniversity of Arkansas
Columbia Law School
OccupationChairman of Walmart
(1992–2015)
Known forWalton family fortune
Net worthUS$54.5 billion (May 2020)[1]
Board member ofWalmart
Spouse(s)Melani Lowman-Walton
Children3[2]
Parent(s)
Relatives

Comments

Popular Posts