The latest study released by Oxfam that top 1 per cent has earned more wealth than the rest of the world’s population since 2015. And the 8 richest have the same amount of wealth as the poorest half of the world, that is nearly 4 billion people. Currently, there are more than 1500 billionaires all over the world, with the US alone having 560. If these people continue to see the return on their wealth then we will be able to see a trillionaire in the next 25 years. There’s been a huge fluctuation in the net worth of these billionaires in the past year. Here’s the list of top 10 billionaires :
10. DAVID KOCH
He is Charles Koch’s brother and executive vice president of Koch industries. David and Charles earn 42% of the conglomerate. Koch appears on the 10th position on this list with a net worth of $61.8 billion.
9. CHARLES KOCH
He is an American businessman and philanthropist. Koch is the co-owner and CEO of Koch industries. Koch industries now include process and population control technologies, polymers and fibres, minerals and fertilizers, commodity trading and services. He has a net worth of $61.8 billion.
8. LARRY ELLISON
He was the co-founder of Oracle corporation and he was also the company’s CEO until September 2014. Over the years oracle has become an incredibly successful tech company, now being 39 years old and employing over 1,36,000 people. Larry is 8th on the list with a net worth of $64.1 billion.
7. AMANCIO ORTEGA
He is a Spanish entrepreneur and founder of Inditex fashion group. Inditex owns Zara and Zara is one of the most popular clothing chains worldwide. Ortega recently dropped down to the 7th richest man in the world. He lost $11 billion from his net worth in recent months. He has a net worth of $70.5 billion.
6. CARLOS SLIM HELU
He is a mexican businessman, investor and owner of Conglomerate ‘grupo carso’.The conglomerate’s portfolio consists of brands in many different industries such as healthcare, media and research, energy real estate and retail. He has a net worth of $70.5. In the recent month, he lost almost $6 million from his net worth and his rank dropped from 4th to 6th.
5. MARK ZUCKERBERG
We all know Mark zuckerberg as the founder of facebook and now he is the world’s fifth richest man with a net worth of $74.6 billion. Mark Zuckerberg jumped up to the 5th position after a financial profit of $30 billion. We all assume that he will surely succeed more in his life and may he even make it to the top.
4. BERNARD ARNAULT
He is the CEO of LVMH(Louis Vuitton Moet Hennessy). Ultimately the company was formed by merging two businesses . Louis Vuitton is a very famous luxury fashion brand and Moet Hennessy is the merged champagne and cognac manufacturers. He has been making serious movements this list past year. In fact, in the beginning of the year 2017, he was on the 14th rank and now a year later he is on the 4th rank with a net worth of $75.7.
3. WARREN BUFFETT
He is an American entrepreneur, investor and CEO of Berkshire Hathaway. Buffet is the most successful investor worldwide and millions of other traders look upto him because he is successful. He is the 3rd richest man in the world with a net worth of $91.3 billion. However despite this fact Buffet still lives in his old home where he used to live when he had no knowledge of what a billion is.
2. BILL GATES
Bill Gates is the founder of Microsoft and was the richest man in the world for several years running . He found Microsoft in the year 1975 with Paul Allen and since then it became the widest software network worldwide. Last year Bill Gates earned a profit of $10 billion which made his worth income as $92.2 billion.
1. JEFF BEZOS
He is the founder of Amazon one of the biggest and most popular companies on the web in the present scenario. Amazon started from Jeff’s bedroom as an online book store and it’s initial sales were also less . In 2018 Jeff Bezos has become the richest man in the world and also he is the first man to cross $100 million which is is just splendid.