While on the topic of money, one would logically like to know as to who the richest people are. The article puts together the top 10 Billionaires in the world 2018 based on their net worth. The majority of the richest people on the list are self-made, self-starters who built business empires in technology, finance, fashion, and sports. Others have achieved their wealth from businesses they inherited from their families which turned into incredible amounts of money.
10. Michael Bloomberg: (Net Wealth $53.9 billion):
Michael Bloomberg is an american business tycoon and politician. He launched L.P. in 1981 which is an information technology and media company. The 10th place is held by Michael Bloomberg who fell down 3 ranks after being overtaken by the Koch brothers. Bloomberg is an experienced politician who has served three terms as mayor of New York City.
9. David Koch: (Net Wealth $48.3 Billion)-
David Koch runs Koch Industries as executive vice president with his brother, Charles. Koch Industries manufactures, refines, and distributes a variety of things, including chemicals, minerals, energy and more.
8. Charles Koch: (Net Wealth $48.3 Billion)-
Charles Koch runs Koch Industries as chairman and CEO with his brother, David. In addition to their corporation, the two brothers are main political influencers. The pair run the second largest company in the US, Koch Industries, earning billions from manufacturing every year.
7. Larry Ellison: (Net Wealth $62.1 Billion)-
Larry Ellison teamed up with two colleagues from an electronics company in 1977 to start their own programming company, which then shortly landed a contract to build a relational database management system for the CIA. The venture later grew into what’s known today as Oracle Corp, the 2nd largest software maker behind Microsoft. He stepped down as CEO in 2014.
6. Carlos Slim Helu: (Net Wealth $69.7 Billion)-
The sixth place is taken up by Mexican telecoms tycoon Carlos Slim Helu whose net worth is approximated at $54.5 billion (£43 billion). The business tycoon owning more than 200 companies from the banking industry to retail and telecommunications. This 81-year-old billionaire holds America Movil considered the largest mobile phone company in Latin America. He is also the owner of Grupo Carso, a conglomerate company that hosts retailers and restaurants and others.
5. Mark Zuckerberg: (Net Wealth $72.3 billion)-
Mark Zuckerberg launched the facebook.com when he was a sophomore in college before dropping out to work on the site full-time. Mark Zuckerberg takes the 5th rank despite being the youngest billionaire in the top 10 at the age of 32. He has been titled among the 100 most influential people in the World by Time, since 2010.
4. Amancio Ortega: (Net Wealth $75.9 billion)-
Born in Busdongo de Arbas, Leon, Spain, Ortego is a Spanish business magnate. He is the co-founder and the chairman of the Inditex Group. The group brings the chain of Zara clothing along with accessories retail shops. He is the board member of Inditex and Daez Groups. He is currently the 2nd richest man in the world, with the net worth of estimated US$75.9 billion.
3. Warren Buffett: (Net Wealth $81.7 billion)-
Another american business magnate, investor and philanthropist. Warren Buffett is the chairman, CEO and the major shareholder of Berkshire Hathaway. Warren Buffet, the great investor dubbed the ‘Oracle of Omaha’, trails behind Mr Gates in second place with $75.6 billion. Mr Buffet’s company Berkshire Hathaway have more than 60 firms including Duracell and Dairy Queen.
2. Jeff Bezos: (Net Wealth $83.3 Billion)-
In third place is Amazon founder Jeff Bezos who turned the idea of selling books online into one of the most profitable businesses in the world. Jeffrey Preston “Jeff” Bezos is an American technology entrepreneur and investor. He has played the main role in the growth of e-commerce. He is also the founder and owner of the aerospace developer and manufacturer Blue Origin that has plans for commercial suborbital human spaceflight.
1. Bill Gates: (Net Wealth $85.5 billion)-
Bill gates has once again topped in the list as the richest man in the world with a wealth of $86 billion. Bill Gates co-founded Microsoft with his friend Paul Allen and served as CEO until 2000. He still sits on the company’s board but is no longer active in the day-to-day dealings.
These Top 10 Billionaires in the world right now, are optimistic and opportunistic. Their net worth was updated until the month of December 2017
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