Top ten richest billionaires
Top billionaires: who are
the richest people in the
world?The world’s richest person, Amazon boss Jeff
Bezos, is getting richer from the coronavirus
pandemic.
His wealth has grown since the world has been
largely in shutdown, bringing his net worth to
$140.5bn, up from $129.9bn in mid-February,
according to Forbes .
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time
Who’s the richest woman in the UK?
The Amazon founder still owns an 11% stake in
the company, which has seen a surge in demand
due to households being stuck on lockdown and
all but essential shops closing.
It comes amid reports that Amazon workers are
under strain, with many on the frontline packing
and shipping items at warehouses, reports The
Guardian . Amazon reported its first warehouse
worker death on Tuesday, and several
warehouses have reported cases of workers
testing positive for the virus.2. Bill Gates
Net Worth: $99.9 billion [3]
Co-Founder: Microsoft Corp. (MSFT )
The only Harvard dropout in the Top Five, Bill
Gates' knack for increasing wealth is staggering,
even for an already wealthy guy. The Microsoft co-
founder's net worth has more than doubled since
2009. [4]
Through the Bill & Melinda Gates Foundation, he
has also spent billions to fight polio and
malaria. Additionally, he pledged $50 million in
2014 to help fight Ebola. [5]
Bill Gates stepped down from the boards of
Microsoft and Berkshire Hathaway on March 13,
2020. [6] [7]
3. Bernard Arnault Family
Owner of LVMH
Net Worth: $91.6 billion [8]
French national Bernard Arnault is the chairman
and CEO of LVMH, the world's biggest luxury
goods company. The company owns some of the
biggest brands on earth including Louis Vuitton,
Hennessey, Bulgari, Marc Jacobs, Dior, Sephora,
and many more.
An engineer by training, Arnault's business chops
became apparent whilst working for his father's
engineering company, Ferret-Savinel. He
converted the company to a real estate company
in 1976.
Arnault acquired luxury goods maker Financière
Agache in 1984, eventually selling all of its
holdings other than Christian Dior and Le
Bon Marché department store. He became
chairman of the board of LVMH in 1989. His own
investments are broad, including technology
concerns and yacht companies.
4. Warren Buffett
Net Worth: $70.5 billion [9]
Best Investor of the 20th Century
The most famous living value investor, Warren
Buffet filed his first tax return in 1944 at age 14,
declaring his earnings from his boyhood paper
route.
He first bought shares in a textile company called
Berkshire Hathaway in 1962, becoming the
majority shareholder by 1965. He expanded the
company to the insurance and other investments in
1967. Now, Berkshire Hathaway is a half-trillion-
dollar company, with a single share of stock
trading at over $300,000 per share in early 2019.
[10]
Warren Buffett is widely known as “ The Oracle of
Omaha” because of his knack for value investing,
in other words, finding bargains in undervalued
companies. While most investors have been piling
into social media companies, Buffett has
repeatedly stated that it’s too difficult to determine
their value, and has instead stuck with investments
that he thinks will pay off 10 years down the road.
He is also a noted Bitcoin skeptic.
Buffett is also known for his frugality. At age 14, he
itemized his bicycle as a $35 deduction on his first
income tax return because he used it for his paper
route. He gives much of his wealth to charity, and
has said that he doesn't intend to leave his riches
to his children. Between 2006 and 2019, Buffett
has given back nearly $34.5 billion and committed
to eventually giving away nearly his entire fortune.
[11]
5. Larry Ellison
Chief Technology Office and Founder of Oracle
Net Worth: $62.4 billion
Larry Ellison co-founded database software
company, Oracle, in 1977. He stepped down as
CEO in 2014, but is still CTO and chairman of the
board. He has also served on the board of Tesla
since December 2018. [12].💖💖💖
the richest people in the
world?The world’s richest person, Amazon boss Jeff
Bezos, is getting richer from the coronavirus
pandemic.
His wealth has grown since the world has been
largely in shutdown, bringing his net worth to
$140.5bn, up from $129.9bn in mid-February,
according to Forbes .
SEE RELATED
Where the world’s billionaires live
Pictures: top 10 richest sports stars of all
time
Who’s the richest woman in the UK?
The Amazon founder still owns an 11% stake in
the company, which has seen a surge in demand
due to households being stuck on lockdown and
all but essential shops closing.
It comes amid reports that Amazon workers are
under strain, with many on the frontline packing
and shipping items at warehouses, reports The
Guardian . Amazon reported its first warehouse
worker death on Tuesday, and several
warehouses have reported cases of workers
testing positive for the virus.2. Bill Gates
Net Worth: $99.9 billion [3]
Co-Founder: Microsoft Corp. (MSFT )
The only Harvard dropout in the Top Five, Bill
Gates' knack for increasing wealth is staggering,
even for an already wealthy guy. The Microsoft co-
founder's net worth has more than doubled since
2009. [4]
Through the Bill & Melinda Gates Foundation, he
has also spent billions to fight polio and
malaria. Additionally, he pledged $50 million in
2014 to help fight Ebola. [5]
Bill Gates stepped down from the boards of
Microsoft and Berkshire Hathaway on March 13,
2020. [6] [7]
3. Bernard Arnault Family
Owner of LVMH
Net Worth: $91.6 billion [8]
French national Bernard Arnault is the chairman
and CEO of LVMH, the world's biggest luxury
goods company. The company owns some of the
biggest brands on earth including Louis Vuitton,
Hennessey, Bulgari, Marc Jacobs, Dior, Sephora,
and many more.
An engineer by training, Arnault's business chops
became apparent whilst working for his father's
engineering company, Ferret-Savinel. He
converted the company to a real estate company
in 1976.
Arnault acquired luxury goods maker Financière
Agache in 1984, eventually selling all of its
holdings other than Christian Dior and Le
Bon Marché department store. He became
chairman of the board of LVMH in 1989. His own
investments are broad, including technology
concerns and yacht companies.
4. Warren Buffett
Net Worth: $70.5 billion [9]
Best Investor of the 20th Century
The most famous living value investor, Warren
Buffet filed his first tax return in 1944 at age 14,
declaring his earnings from his boyhood paper
route.
He first bought shares in a textile company called
Berkshire Hathaway in 1962, becoming the
majority shareholder by 1965. He expanded the
company to the insurance and other investments in
1967. Now, Berkshire Hathaway is a half-trillion-
dollar company, with a single share of stock
trading at over $300,000 per share in early 2019.
[10]
Warren Buffett is widely known as “ The Oracle of
Omaha” because of his knack for value investing,
in other words, finding bargains in undervalued
companies. While most investors have been piling
into social media companies, Buffett has
repeatedly stated that it’s too difficult to determine
their value, and has instead stuck with investments
that he thinks will pay off 10 years down the road.
He is also a noted Bitcoin skeptic.
Buffett is also known for his frugality. At age 14, he
itemized his bicycle as a $35 deduction on his first
income tax return because he used it for his paper
route. He gives much of his wealth to charity, and
has said that he doesn't intend to leave his riches
to his children. Between 2006 and 2019, Buffett
has given back nearly $34.5 billion and committed
to eventually giving away nearly his entire fortune.
[11]
5. Larry Ellison
Chief Technology Office and Founder of Oracle
Net Worth: $62.4 billion
Larry Ellison co-founded database software
company, Oracle, in 1977. He stepped down as
CEO in 2014, but is still CTO and chairman of the
board. He has also served on the board of Tesla
since December 2018. [12].💖💖💖
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