Top 10 richest Person in the World Amazon boss Jeff Bezos lost his title as the world’s richest person last week – if only for 24 hours.
Shares in the e-commerce giant fell 7% on Thursday after it reported disappointing third-quarter earnings. This pushed Bezos’ fortune down to below that of Microsoft co-founder Bill Gates.
Here is a rundown of the top 10 richest person around the world:
1. Jeff Bezos, $110.1bn
The former hedge fund manager turned online bookseller started Amazon in his garage in 1994. Bezos has invested heavily in space technology and also owns the Washington Post newspaper.
2. Bill Gates, $106.2bn
Gates has been this list from the past 20 years till Jeff Bezos, the Microsoft founder Bill Gates has given away 99% his stake in the company and a charity–he only owns 1% of Microsoft–and now concentrates primarily on his philanthropic work.
3. Bernard Arnault, $101.2bn
Arnault is the wealthiest European on the list. The Frenchman oversees an empire of over 60 brands, including Louis Vuitton and Sephora.
4. Warren Buffett, $84bn
Now in his ninth decade, the Berkshire Hathaway chief executive, known as the “Oracle of Omagh” is one of the most victorious investors of all time. Like Gates, he has vowed to give away over 99% of his fortune to charity.
5. Mark Zuckerberg, $70.3bn
In 2004, Zuckerberg at the age of 19 founded Facebook, now it is worth of $ 70.3 billion and he comes among the top five richest men in the world.
6. Amancio Ortega, $70bn
Current Trending thought of people Ortega stepped down as chairman of Inditex, known for its Zara brand, in 2011 but he still owns nearly 60% of its shares.
7. Larry Ellison, $67.3bn
Cofounder of a software firm Oracle, Ellison stepped down as CEO in 2014 but still serves as chairman of the board and chief technology officer.
8. Carlos Slim Helu, $61.8bn
Mexico’s richest man, Slim Helu, and his family control America Movil, Latin America’s biggest mobile telecommunications firm. Also, he owns a stake in consumer goods, Mexican construction, real estate, and mining, along with 17% of The New York Times.
9. Larry Page, $57.9bn
Larry Page was the co-founder of Google with business associates still helms Alphabet and Sergey Brin in 1998, Google’s parent company.
10. Mukesh Ambani, $57bn
Mukesh Ambani’s late father, Dhirubhai Ambani, founded small textile manufacturer Reliance Industries in 1966. Now, the oil and gas giant is among India’s most valuable companies.
That was enough of the rundow of the top 10 richest person in the world. Do stay tuned for more such content.
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