Meet top 10 richest billionaires on earth
There is no denying that the COVID-19 outbreak has hit the world economy hard including billionaires’ wealth as well. Despite the economic and social fallout, Jeff Bezos is still the richest individual on this planet.
As you are reading this, you might have other names also popping into your head as to who’ll appear, after Bezos, in the list.
Here are the top 10 world’s richest billionaires as of May 2020, according to Forbes’ Real-Time Billionaires List:
10. Amancio Ortega
Net Worth: $60.5 billion
Amancio Ortega is better known as the co-founder of clothing company Inditex Inc. and fashion retail chain store Zara. As of May 2020, Ortega had an estimated net worth of $60.5 billion. His life truly exemplifies a rags-to-riches story. The self-made Spanish entrepreneur and billionaire founded Inditex in 1985.
9. Sergey Brin
Net Worth: $61.3 billion
According to Forbes, Sergey Brin is now valued at an estimated US$61.3 billion. However, he comes from more humble beginnings. Notably, he met Google co-founder Larry Page at Stanford in 1995. After 3 years, the duo incorporated Google Corp.
8. Larry Page
Net Worth: $63.6 billion
An internet entrepreneur who launched the search engine Google in 1998, along with grad school buddy Sergey Brin. Recently, the 47-year-old multi-billionaire relinquished all his power at Alphabet and transferred them to Sundar Pichai, Google’s CEO.
7. Steve Ballmer
Net Worth: $65.4 billion
Famously known as the former CEO of Microsoft, Ballmer led the company from 2000 to 2014. He graduated from Harvard University in 1977. According to Forbes, he invested around $59 million in Social Solutions.
6. Larry Ellison
Net Worth: $66.4 billion
Better known as the co-founder of Oracle Corporation, Larry Ellison’s net worth is currently estimated to be $66.4 billion. Oracle was the 2nd largest software company by revenue and market capitalization in 2019.
5. Warren Buffet
Net Worth: $69.2 billion
Warren Buffet keeps his net worth mainly in Berkshire Hathaway and Berkshire Hathaway stock. Interestingly, his net worth was a mere $1 million when he was 30.
4. Mark Zuckerberg
Net Worth: $86.5 billion
Facebook CEO Mark Zuckerberg’s estimated net worth is $86.5 billion, according to Forbes. He is also a member of the Giving Pledge and cofounder of the Chan Zuckerberg Initiative. 2018 was a tough year for the Facebook CEO, due to the Cambridge Analytica scandal.
3. Bernard Arnault
Net Worth: $94.1 billion
The 71-year-old businessman is the chairman of the French conglomerate LVMH, which is the world’s largest maker of luxury goods. With LVMH shares down 19% this year, he has lost more money than any other individual in the world due to COVID-19 outbreak, according to a report.
2. Bill Gates
Net Worth: $106.5 billion
An American business magnate and co-founder of Microsoft Corporation, Bill Gates is the second richest person in the world. The Bill & Melinda Gates Foundation was also created in 2000 in order to enhance healthcare and reduce poverty around the world.
1. Jeff Bezos
Net Worth: $146.9 billion
Jeff Bezos, the founder of US-based e-commerce behemoth Amazon Inc, is currently the world’s richest individual, with a current net worth of $146.9 billion, according to Forbes. He could potentially become the world’s first trillionaire as early as 2026, says a study.