Forbes released their annual list of the richest people in the world, and there were some pretty big changes this year. Here are the top 10 richest people in the world according to Forbes: 1. Bill Gates-Microsoft Co-Founder and CEO 2. Amancio Ortega-Zara Founder and Chairman 3. Warren Buffett-Berkshire Hathaway CEO and Chairman 4. Carlos Slim Helu-Telmex Founder and Chairman 5. Jeff Bezos-Amazon founder and CEO 6. Mark Zuckerberg-Facebook founder and CEO 7. Michael Bloomberg-Bloomberg LP Mayor of New York City 8. Larry Ellison-Oracle co-founder and CEO 9. David Koch-Koch Industries Chairman & CEO 10. Kevin Plank-Under Armour co-founder and CEO
Bill Gates
Bill Gates is still the richest man in the world, with a net worth of $76B as of January 2017. The Microsoft founder has seen his fortune grow by 22% over the past year, thanks to stock prices and dividends from his company. Gates is now worth more than Berkshire Hathaway's Warren Buffett and Disney's Robert Iger. However, Gates' wealth isn't evenly distributed – he has a hefty share in Microsoft, which means he benefits from its price appreciation more than others.
2) Amancio Ortega Gaona (NET WORTH: $67.7 B)
Amancio Ortega Gaona is the second among the richest people in the world, with a net worth of $67.7 billion as of January 2017. The Spanish businessman owns Zara, one of the world's leading clothing retailers. He also has stakes in other companies including Inditex and Telefonica. Thanks to sky-high stock prices and strong growth rates across his empire, Ortega Gaona's fortune has increased by 26% over the past year – making him the fastest-growing billionaire on our list.
Jeff Bezos
Jeff Bezos is the wealthiest person in the world. He is the founder and CEO of Amazon.com, one of the largest online retailers in the world. With a net worth of $160 billion, Bezos is now the richest person in history. In second place on this year’s list is Bill Gates with a net worth of $95.4 billion.
Warren Buffett
Warren Buffett is the richest man in the world with a net worth of $87.1 billion as of September 2017. He is also the second longest-running continuously serving CEO in the history of American business, having served since 1967 at Berkshire Hathaway. Buffett has been listed on Time magazine's most influential people list for over 20 years and Forbes' list of billionaires every year since 1987.
Buffett started his career as an investment analyst at Columbia University. He then moved to Omaha, Nebraska, to work for Graham-Newman Corporation, where he developed a model that would become known as “the Graham formula.” This is a mathematical model used to value securities. After leaving Graham-Newman, Buffett founded Buffett Partnership Inc., which became Berkshire Hathaway in 1965.
Berkshire Hathaway is one of the largest private companies in the world and invests in companies across many sectors including insurance, chemicals, railroads, airlines, and utilities. In addition to his ownership stake in Berkshire Hathaway, Buffett also chairs two charitable organizations: the Gates Foundation and the Clinton Foundation.
Mark Zuckerberg
Mark Zuckerberg is the founder, chief executive officer and chairman of Facebook. He is also the sole owner of Class A shares that account for approximately 54% of the company's stock value. As of September 30, 2017, Zuckerberg had an estimated net worth of $67.6 billion, making him the richest person in the world.
Zuckerberg was born on May 14, 1984 in White Plains, New York. He attended Harvard University where he founded Facebook with his college roommates Eduardo Saverin and Dustin Moskovitz. The company went public in May 2012 and has since grown to be one of the world's largest social networking platforms with over 2 billion active users. In addition to his work at Facebook, Zuckerberg also invests in other technology companies and philanthropic causes.
Amancio Ortega
Amancio Ortega is the richest man in Europe, and the third richest man in the world. He has a net worth of $67.5 billion, and is the founder and CEO of Inditex, one of the world's largest shopping brands.
Ortega was born in Galicia, Spain in 1945. He started his business career as a textile salesman, and then founded Zara in 1975. Inditex went public in 1998, and Ortega became one of the world's richest men. In 2006 he bought British fashion retailer chain Mango for $1.2 billion, making him one of Europe's biggest fashion tycoons. In 2013 Ortega bought Spanish apparel company Zara Larsson for $3 billion.
Ortega is married with four children.
Carlos Slim Helu
Carlos Slim Helu is the richest person in the world with a net worth of $58.5 billion as of February 2016. He has a fortune amassed from his investments in telecommunications and banking. Carlos Slim was born in Mexico City on November 24th, 1940. He started out working for his father's business before starting his own telecom company in 1984. In 1992, he founded America Movil, which became one of the largest mobile phone companies in the world. Carlos Slim is also a major shareholder in Grupo Televisa, one of Mexico's largest broadcasting companies.
Michael Bloomberg
Michael Bloomberg, the mayor of New York City and founder of Bloomberg LP, is the richest person in the world with a net worth of $47.5 billion as of March 2017. He has also ranked as the third wealthiest person in the U.S. for many years.
Born in New York City on January 17, 1942, Bloomberg was raised in Queens and graduated from John F. Kennedy High School in 1960. He then studied business at Harvard University before starting his own financial services company, Bloomberg L.P., in 1981. Over the years, Bloomberg has continued to expand his empire by founding Bloomberg LP media companies such as Bloomberg TV, Businessweek Media LLC, and The Weather Channel; purchasing major newspapers like The New York Times and The London Financial Times; and investing in technology companies like Uber Technologies Inc., Airbnb Inc., and Pinterest Inc..
In addition to his impressive business achievements, Michael Bloomberg has also served as mayor of New York City since 2002 and has been a prominent advocate for gun control measures and climate change action. As one of the few openly gay leaders in politics, he has also made significant contributions to advancing LGBT rights across the globe.
Larry Ellison
Larry Ellison is the co-founder and CEO of Oracle Corporation. In 2009, Forbes listed him as the fifth wealthiest person in the world with a net worth of $25.1 billion. Ellison has also been named one of the World's Most Influential People by TIME magazine and one of the 100 Most Important Business Leaders of Our Time by Fortune magazine.
Ellison was born in Chicago, Illinois on October 27, 1954. He attended Harvard University where he earned a B.A. in economics in 1977. After college, Ellison worked for two years at Ariba Inc., a software company founded by current Oracle CEO Larry Ellison's father, Jim Ellison. In 1980, he co-founded Oracle with Bob Miner and Jeff Henley. The company went public in 1986 and has since become one of the world's leading computer software providers.
Sergey Brin
- Sergey Brin – Estimated net worth is $35.3 billion
2. Bill Gates – Estimated net worth is $76 billion
3. Warren Buffett – Estimated net worth is $60.8 billion
4. Amancio Ortega – Estimated net worth is $67.9 billion
5. Mark Zuckerberg – Estimated net worth is $55.6 billion
Conclusion
According to Forbes, the world's richest people are as follows: Bill Gates (with a net worth of $79.2 billion), Jeff Bezos ($136.9 billion), Amancio Ortega ($67.1 billion), Warren Buffett ($75.6 billion), Mark Zuckerberg ($51.8 billion), Larry Ellison ($54.5 billion) and Sergey Brin (worth $38.1 billion). With such vast sums of money at their disposal, it is no wonder that these 10 individuals have impacted the world in so many ways!
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