World’s top 10 billionaires in 2019

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Forbes is an American business magazine. Published bi-weekly, it features original articles on finance, industry, investing, and marketing topics. Forbes also reports on related subjects such as technology, communications, science, politics, and law. Every year FORBES presents a list of top billionaires and this year also they presented a list of 2,153 billionaires with a total net wealth of $8.7 trillion.  This is a list of the 10 richest people in the world based on real-time assessment of wealth and assets by Forbes.

10. Larry Page

Net Worth: $50.8 Billion

Larry Page is an American computer scientist and Internet entrepreneur who co-founded Google with Sergey Brin. He is the co-founder of Google, which was founded back in a garage in 1998. The page is the chief executive officer of Alphabet Inc. (Google’s parent company). After stepping aside as Google CEO in August 2001, in favor of Eric Schmidt, he re-assumed the role in April 2011. As of December 2018, Page was the 10th-richest person in the world, with a net worth of $58.5 billion. The page is the inventor of PageRank, a well-known search ranking algorithm for Google. Page received the Marconi Prize in 2004 with Brin.

9. Michael Bloomberg

Net Worth: $55.5 Billion

Michael Bloomberg is an American businessman, politician, author, and philanthropist. Bloomberg is now 74 years old and one of the richest people in the world. Bloomberg is one of the founders, CEO, and owner of Bloomberg L.P., global financial services, software, and mass media company that bears his name, and is notable for its Bloomberg Terminal, a computer software system providing financial data widely used in the global financial services industry. Bloomberg served as the 108th Mayor of New York City, holding office for three consecutive terms, beginning his first in 2001. Michael Page was the 12th-richest person in the world, with a net worth of $51 billion.

8. Mark Zuckerberg

Net Worth: $62.3 Billion

Mark Zuckerberg is an American technology entrepreneur and philanthropist. He is known for co-founding and leading Facebook as its chairman and chief executive officer. Since 2010, Time magazine has named Zuckerberg among the 100 wealthiest and most influential people in the world as a part of its Person of the Year award. Mark was the 5th-richest person in the world, with a net worth of $71 billion. He has recently dropped off after losing a lot of his net worth due to the Cambridge data scandal and various other issues causing the Facebook stock prices to fall.

7. Larry Ellison

Net Worth: $62.5 Billion

Larry Ellison is an American businessman, entrepreneur, and philanthropist who is a co-founder and the executive chairman and chief technology officer (CTO) of Oracle Corporation. 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 136,000 people. He is a licensed pilot who has owned several aircraft. In 2009, Larry purchased the Indian Wells Tennis Garden tennis facility in California’s Coachella Valley and the Indian Wells Masters tournament, both of which he still owns. Ellison had given $4 million overall to the PAC. 

6. Amancio Ortega

Net Worth: $62.7 Billion

Amancio Ortega is a Spanish billionaire businessman. He is the founder and former chairman of Inditex fashion group, best known for its chain of Zara clothing and accessories shops. As of late September 2018, Ortega had a net worth of $70 billion, making him the second-wealthiest person in Europe after Bernard Arnault, and the sixth-wealthiest in the world. He is the head of the Ortega family. Ortega is also the wealthiest retailer in the world. Ortega recently moved back up to the 5th richest man in the world, after other players on the list have dropped down slightly. However, Ortega’s also lost over $11 billion from his net worth in recent months.

5. Carlos Slim Helu

Net Worth: $64 Billion

Carlos Slim Helu is a Mexican business magnate, engineer, investor, and philanthropist. From 2010 to 2013, Slim was ranked as the richest person in the world by the Forbes business magazine. He derived his fortune from his extensive holdings in a considerable number of Mexican companies through his conglomerate, Grupo Carso. He is the richest man in Mexico and Latin America. His conglomerate includes education, health care, industrial manufacturing, transportation, real estate, media, energy, hospitality, entertainment, high-technology, retail, sports, and financial services. In recent months, Carlos Slim has lost almost $6 billion from his net worth and dropped from 7th to 5th.

4. Bernard Arnault

Net Worth: $76 Billion

Bernard Arnault is a French business magnate, investor, and art collector. Arnault is the Chairman and Chief Executive of LVMH Moët Hennessy – Louis Vuitton SE, commonly referred to as LVMH, the world’s largest luxury-goods company. He is the richest person in Europe.Ultimately, the company was formed from merging the two businesses together. Louis Vitton is the very successful luxury fashion brand, and Moet Hennessey is the merged champagne and cognac manufacturers. Bernard has been making serious movements up to this list in the past year but he is still at the same position.

3. Warren Edward Buffett 

Net Worth: $82.5 Billion

Warren Edward buffet is an American business magnate, investor, speaker and philanthropist who serves as the chairman and CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of US $89.9 billion as of May 4, 2019, making him the third-wealthiest person in the world. However, despite this fact, Buffett still lives in the home he purchased back when he didn’t even know what a billion dollars looked like. Buffett has been the chairman and largest shareholder of Berkshire Hathaway since 1970, and he has been referred to as the “Wizard”, “Oracle”, or “Sage” of Omaha by global media outlets.

2. Bill Gates

Net Worth: $98.3 Billion

William Henry Gates III is an American business magnate, investor, author, philanthropist, and humanitarian. He is best known as the principal founder of the Microsoft Corporation. During his career at Microsoft, Gates held the positions of chairman, CEO and chief software architect, while also being the largest individual shareholder until May 2014. Gates founded Microsoft in 1975 with Paul Allen and has since become the largest PC software company worldwide. Bill Gates has gained an incredible $10 billion in additional net worth. In 1994, he was honored as the 20th Distinguished Fellow of the British Computer Society. In 1999, Gates received the New York Institute of Technology’s President’s Medal.

1. Jeff Bezos

Net Worth: $145.3 Billion

Jeff Bezos is an American technology entrepreneur, investor, and philanthropist. He is the founder, chairman, CEO, and president of Amazon. Amazon started as a simple online bookstore in Jeff’s bedroom, and the initial sales were slow. Amazon is making major moves, after recently acquiring wholefoods, launching drone shipping and a bunch of other strong ideas. In 1999, Bezos received his first major award when Time named him Person of the Year. In 2008, he was selected by U.S. News & World Report as one of America’s best leaders. Bezos first became a millionaire in 1997 after raising $54 million through Amazon’s initial public offering.

 

 

 

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