Monday, May 21, 2018

TOP TEN RICHEST PERSON IN THE WORLD IN 2018 FOBES..


THE 2018 LIST

Bozos attended Princeton and worked at a hedge fund before quitting to sell books online.
#1

Jeff Bezos

CEO and Founder, Amazon.com

REAL TIME NET WORTH — as of 5/21/18
$130.2 B
2018 BILLIONAIRES NET WORTH — as of 3/6/18
$112 B 
·   Amazon's chief Jeff Bezos is the first person to top $100 billion as number one on the Forbes list of the World's Billionaires.
·   He owns 16% of e-commerce colossus Amazon, which he founded in a garage in Seattle in 1994.
·   Bezos attended Princeton and worked at a hedge fund before quitting to sell books online.
·   His other passion is space travel: His aerospace company, Blue Origin, is developing a reusable rocket that Bezos says will carry passengers.
·   Bezos purchased The Washington Post in 2013 for $250 
·    

#2

Bill Gates

Cofounder, Bill & Melinda Gates Foundation

REAL TIME NET WORTH — as of 5/21/18
$92.5 B 
2018 BILLIONAIRES NET WORTH — as of 3/6/18
$90 B 
·   With his wife Melinda, Bill Gates chairs the Bill & Melinda Gates Foundation, the world's largest private charitable foundation.
·   The foundation works to save lives and improve global health, and is working with Rotary International to eliminate polio.
·   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 in 1975.
·   In late 2016, Gates announced the launch of a $1 billion Breakthrough Energy investment fund with about 20 other people.

#3

Warren Buffett

CEO, Berkshire Hathaway

REAL TIME NET WORTH — as of 5/21/18
$84.1 B
2018 BILLIONAIRES NET WORTH — as of 3/6/18
$84 B 
·   Known as the "Oracle of Omaha," Warren Buffett is one of the most successful investors of all time.
·   He 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 has committed to giving more than 99% of his fortune to charity. So far he has given nearly $32 billion.
·   With friend Bill Gates he launched The Giving Pledge in 2010, asking billionaires to donate half their wealth to charitable causes.



#4

Bernard Arnault & family

Chairman and CEO, LVMH Moet Hennessy Louis Vuitton

REAL TIME NET WORTH — as of 5/21/18
$87.2 B
2018 BILLIONAIRES NET WORTH — as of 3/6/18
$72 B 
·   One of the world's ultimate taste-makers, Bernard Arnault oversees an empire of 70 brands including Louis Vuitton and Sephora.
·   Record results at LVMH and a megadeal to buy out nearly all of Christian Dior helped boost Arnault's fortune by $30.5 billion in one year.
·   Arts patron is the visionary behind the $135 million Frank Gehry-designed Foundation Louis Vuitton museum in Paris' Bois de Boulogne, opened in 2014.

#5


Mark Zuckerberg

Cofounder, Chairman and CEO, Facebook

REAL TIME NET WORTH — as of 5/21/18
$72.3 B
2018 BILLIONAIRES NET WORTH — as of 3/6/18
$71 B 
·   Mark Zuckerberg, Facebook's CEO, has seen his net worth soar as the social network's stock price has skyrocketed.
·   In April 2018, he testified before Congress after it was revealed that Facebook shared users' data with political consulting firm Cambridge Analytica.
·   Zuckerberg started Facebook at Harvard in 2004 at the age of 19 for students to match names with faces in class.
·   He took Facebook public in May 2012 and still owns nearly 17% of the stock.
·   Zuckerberg and his wife, Priscilla Chan, have pledged to give away 99% of their Facebook stake over their lifetimes.


#6


Amancio Ortega

REAL TIME NET WORTH — as of 5/21/18
$70.9 B
2018 BILLIONAIRES NET WORTH — as of 3/6/18
$70 B 
·   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.


 7.

 


Carlos Slim Helu & family

Honorary Chairman, America Movil SAB de CV (ADR)

REAL TIME NET WORTH — as of 5/21/18
$61.5 B
2018 BILLIONAIRES NET WORTH — as of 3/6/18
$67.1 B 
·   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.


#8

Charles Koch

CEO, Koch Industries

REAL TIME NET WORTH — as of 5/21/18
$61.8 B
2018 BILLIONAIRES NET WORTH — as of 3/6/18
$60 B 
·   Charles Koch has been chairman and CEO of Koch Industries, America's second largest private company, since 1967.
·   The conglomerate has $100 billion in revenues from businesses including pipelines, chemicals, Dixie cups, Brawny paper towels and Stainmaster carpets.
·   His father, Fred Koch, started the business in 1940 and improved a method of refining heavy oil into gasoline.


#9

David Koch

Executive Vice President, Koch Industries

REAL TIME NET WORTH — as of 5/21/18
$61.8 B
2018 BILLIONAIRES NET WORTH — as of 3/6/18
$60 B 
·   David Koch shares majority control of Koch Industries, U.S's second largest private firm, with his brother Charles.
·   The Kansas native lives in New York City, and oversees Koch's chemical technology group.
·   Koch Industries, which has revenues of $100 billion, operates pipelines, produces fertilizer and makes Dixie cups and Quilted Northern toilet paper.
·   A well-known philanthropist, David is a donor to New York's Lincoln Center and Memorial-Sloan Kettering Cancer Center.
·   David Koch ran as the Libertarian Party's vice presidential candidate in 1980 on a ticket with Ed Clark; they won 1% of the vote.

#10

Larry Ellison

CTO and Founder, Oracle

REAL TIME NET WORTH — as of 5/21/18
$56.9 B
2018 BILLIONAIRES NET WORTH — as of 3/6/18
$58.5 B 
·   Larry Ellison cofounded software firm Oracle in 1977 to tap into the growing need for customer relationship management databases.
·   He gave up the Oracle CEO role in 2014 but still serves as chairman of the board and chief technology officer.
·   As part of Oracle's push into cloud computing, it acquired cloud-software firm Netsuite for $9.3 billion in 2016.
·   Oracle moved into hardware with its 2010 acquisition of Sun Microsystems for $7.4 billion.
·   In 2016, Ellison pledged to give $200 million to the University of Southern California for a cancer treatment center.


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