Top 10 world Richest person

Top 10 world Richest person

## 1.Jeff Bezos

CEO and Founder, Amazon

REAL TIME NET WORTH.  

$131B

as of 3/23/20

• Jeff Bezos founded e-commerce colossus Amazon in 1994 out of his garage in Seattle. He remains CEO and owns a nearly 12% stake.
• He divorced his wife MacKenzie in July 2019 after 25 years of marriage and transferred one quarter of his Amazon stake to her.
• MacKenzie Bezos's 4% slice of Amazon makes her one of the world's richest women.
• In 2018, Amazon had $230 billion in revenues and a record $10 billion in net profit, up from $3 billion the prior year.
• In February, Amazon announced it was canceling plans for a second headquarters in Long Island City, New York after local lawmakers opposed the plan.
• Bezos owns The Washington Post and Blue Origin, an aerospace company that is developing a rocket for commercial use.

## 2.Bill Gates

Cofounder, Bill & Melinda Gates Foundation

REAL TIME NET WORTH

$96.3B

as of 3/23/20

• With his wife Melinda, Bill Gates chairs the Bill & Melinda Gates Foundation, the world's largest private charitable foundation.
• The foundation works to improve global health and to create equal opportunity for people around the globe.
• Gates has sold or given away much of his stake in Microsoft -- he owns just over 1% of shares -- and invested in a mix of stocks and other assets.
• He remains a board member of Microsoft, the software firm he founded with Paul Allen (d. 2018) in 1975.
• In early 2019, Gates responded to the public backlash against billionaires by reiterating his support for a higher estate tax.
• To date, Gates has donated $35.8 billion worth of Microsoft stock to the Gates Foundation.

## 3. Warre Buffett

CEO, Berkshire Hathaway

REAL TIME NET WORTH     

$82.5B

as of 3/23/20

• Known as the "Oracle of Omaha," Warren Buffett is one of the most successful investors of all time.
• Buffett runs Berkshire Hathaway, which owns more than 60 companies, including insurer Geico, battery maker Duracell and restaurant chain Dairy Queen.
• The son of a U.S. congressman, he first bought stock at age 11 and first filed taxes at age 13.
• He's promised to give away over 99% of his fortune. In 2019 he donated $3.6 billion, much of it to the foundation of friends Bill and Melinda Gates.
• In 2010, he and Gates launched the Giving Pledge, asking billionaires to commit to donating half their wealth to charitable causes.

## 4.Bernard Arnault & family

Chairman and CEO, LVMH Moet Hennessy Louis Vuitton

REAL TIME NET WORTH

$78.3B 

as of 3/23/20

• One of the world's ultimate taste-makers, Bernard Arnault oversees an empire of 70 brands including Louis Vuitton and Sephora.
• His luxury goods group, LVMH, posted record sales and profits in 2018, thanks in part to increased spending by Chinese customers.
• The arts patron is the visionary behind the $135 million Frank Gehry-designed Foundation Louis Vuitton museum near Paris, opened in 2014.
• Arnault and LVMH pledged over $220 million to help repair the Notre Dame cathedral in Paris following a devastating fire in mid April 2019.
• His daughter Delphine is executive vice president of Louis Vuitton, and a member of LVMH's executive committee.
• His father made a small fortune in construction; Arnault put up $15 million from that business to buy Christian Dior in 1985.

##5.Carlos Slim Helu & family

Honorary Chairman, América Móvil

REAL TIME NET WORTH.

$64B 

 as of 3/23/20

• Mexico's richest man, Carlos Slim Helu and his family control America Movil, Latin America's biggest mobile telecom firm.
• With foreign telecom partners, Slim bought a stake in Telmex, Mexico's only phone company, in 1990. Telmex is now part of America Movil.
• He also owns stakes in Mexican construction, consumer goods, mining and real estate companies and 17% of The New York Times.
• His son-in-law Fernando Romero designed the Soumaya Museum in Mexico City, home to Slim's extensive, eclectic art collection.

    

## 6.Amancio Ortega

REAL TIME NET WORTH

$62.7B. 

as of 3/23/20

• Amancio Ortega is one of the richest men in Europe and the wealthiest retailer in the world.
• A pioneer in fast fashion, he cofounded Inditex, known for its Zara fashion chain, with his ex-wife Rosalia Mera (d. 2013) in 1975.
• He owns about 60% of Madrid-listed Inditex, which has 8 brands, including Massimo Dutti and Pull & Bear, and 7,500 stores around the world.
• Ortega typically earns more than $400 million in dividends a year.
• He has invested his dividends primarily into real estate in Madrid, Barcelona, London, Chicago, Miami and New York

         

## 7.Larry Ellison

CTO and Founder, Oracle

REAL TIME NET WORTH.

$62.5B

as of 3/23/20

• steady acquisitions of software companies, the biggest of which was $9.3 billion for Netsuite in 2016.
• In May 2016, Ellison pledged $200 million to the University of Southern California for a cancer treatment center.
• In 2012, Ellison spent a reported $300 million to buy nearly all of Hawaiian island Lanai; he backed a hydroponic farming startup there in 2018.
• Ellison joined Tesla's board in December 2018, after purchasing 3 million Tesla shares earlier that year.

          

## 8.Mark Zuckerberg

Cofounder, Chairman and CEO, Facebook

REAL TIME NET WORTH.    

$62.3B

as of 3/23/20

• After facing another year of criticism for allowing fake news on Facebook, CEO Mark Zuckerberg said his priority in 2019 is tackling social issues.
• In July 2019, the Federal Trade Commission fined Facebook $5 billion, its largest penalty in history, for violating consumers' privacy.
• Zuckerberg started Facebook at Harvard in 2004 at the age of 19 for students to match names with photos of classmates.
• He took Facebook public in May 2012 and still owns about 15% of the stock.
• In December 2015, Zuckerberg and his wife, Priscilla Chan, pledged to give away 99% of their Facebook stake over their lifetimes.

       

## 9.Michael Bloomberg

CEO, Bloomberg

REAL TIME NET WORTH.   

$55.5B

as of 3/23/20

• Michael Bloomberg cofounded financial information and media company Bloomberg LP in 1981.
• He put in the seed funding for the company and now owns 88% of the business, which has estimated revenues of $10 billion.
• After earning his M.B.A. from Harvard, Bloomberg got a job in 1966 in "The Cage" at Salomon Brothers, where he counted out securities by hand.
• He worked his way up to general partner but was fired in 1981 after 15 years at Salomon.
• An active philanthropist, he has donated $8 billion to gun control, climate change and other causes.
• The mayor of New York City for 12 years, Bloomberg is one of just four individuals to have served that long.

           

## 10.Larry Page

Cofounder and board member, Alphabet

REAL TIME NET WORTH.       

$50.8B

as of 3/23/20

• Larry Page stepped down as CEO of Alphabet, the parent of Google, in December 2019 but continues as board member and a controlling shareholder.
• He cofounded Google in 1998 with fellow Stanford Ph.D. student Sergey Brin.
• With Brin, Page invented Google's PageRank algorithm, which powers the search engine.
• Page was CEO until 2001, when Eric Schmidt took over, and then from 2011 until 2015, when he became CEO Google's new parent company Alphabet.
• He is a founding investor in space exploration company Planetary Resources and is also funding "flying car" startups Kitty Hawk and Opener.