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Business Thursday, June 11, 2020 Comments (0)

The World's Billionaires

The world's Billionaires have some unique things in common like successive ideas, traditional work ethics, and dedication to their companies.

Here is the list of the top 10 wealthiest people in the world who established their own companies and took an active part in the management for their excessive wealth.

The world is surrounded by the attack of coronavirus, and even the richest persons are not free from this disease.

In a raw setting, the world's wealthiest worth $8 trillion to down $700 billion according to 2019 surveys. Hold your breath and wear any branded Safety Glasses for reading the article on your favourite digital gadget.

  1.       Jeff Bezos:

The former fund manager who turned to start online bookseller Amazon from his garage in 1994. Jeff Bezos has heavily invested in space technology and is the owner of the Washington Post newspaper.

His worth of wealth is $145b billion. Although Amazon.com originally started for the bookselling and very soon became the most popular and leading retailer.

Bezos opened for public in 19197 and has more net worth than Bill gates.

  1.       Bill Gates:

No doubt, Bill gates is a permanent head of the top wealthiest person for 20 years. He is well-known as Microsoft founder, but he has sold his stake to the company by keeping a mere 1% of Microsoft income.

Now, he is focusing on his charitable work. His net worth is $106.6 billion. Although through the foundation of Bill and Melinda Gates, he has spent billions on combating malaria and polio. Besides, he claimed that %50 million has spent to fight Ebola in 2014.

  1.       Bernard Arnaut:

In the European wealthiest record, Arnault is at the top of the list. Moreover, the Frenchmen is the owner of 60 brands including Sephora and Louis Vuitton.

Bernard is the CEO and chairman of the world's largest luxury brands on earth like Bulgari, Dior, Beach Sunny Wear, Hennessy, Marc Jacob, and many more like these. Besides, he currently over took bill Gades and became the richest person on the planet. His revenue net worth is $91.6 billion.

  1.       Mark Zuckerberg:

The founder of Facebook that established in 2004 at his early age of 19, and comes in the top five wealthiest people in the world. His total net worth is $78.6 billion.

  1.       Warren Buffet:

Warren first time bought some shares in a textile company that is known as Berkshire Hathaway in 1962. He became the major shareholder in 1965. Warren in his ninth decade, the chief executive of Berkshire Hathaway, and widely known as "Oracle of Omaha".

He is one of the prosperous investors all time, and like Gates, he spends 99% of his income on charity. Buffet has an entire net worth is $68.8 billion.

  1.       Larry Ellison:

A man who has a total net worth is $67.3 and co-founder of Oracle software firm. No doubt Larry stepped down in 2014 and selected for the post of CEO. But after having this, he is still serving as a chairman of the board and chief officer of technology as well.

  1.       Steve Ballmer:

Steve is the former CEO of Microsoft and led the company from 2000-2004. Since Ballmer joined this company in 1980, Richest Countries in the World and he was an employer number 30.

He was doing an MBA program and left Standford University for this post. In the same year, when he retired from Microsoft, he bought NBA's Los Angeles Clippers with the worth of $2 billion.

  1.       Larry Page:

Larry in 1998 became a business partner with the co-founder of Google Sergey Brin. Since he stepped down from the CEO post of Alphabet that is a Google's parent company.

He retired from this company last year in December but still, he is the board member. Since his net worth is $63.3 billion and comes in the 8th rank of the wealthiest people.

  1.       Amancio Ortega:

Well, Amancio retired as chairman of Inditex, and he is well-known for this brand. In 2011, he stepped down but still, he is the owner of a 60% share of this company. He is the owner of $61.9 billion.      

  1.   Sergey Brin:

Brin is the co-founder of Google, but after stepping down, now he is the president of Alphabet last December. Hence stepping down from the Google company, he remained as a board member.

Moreover, he spends his maximum percentage of income on the research lab X that is Alphabet moon-shot. This time his worth is $61 billion.

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