Top 25 Richest Person in the World in 2020

Top 25 richest person in the world in 2020

Most people want to save a little money aside in their lifetime so they can retire the median retirement savings comfortably for an adult in the United States is just over $100,000 

which won't last you very long if you intend to be retired for decades but a handful of global elite, retiring comfortably is a given these multi-billionaires represent the most powerful companies in the world and spend carelessly with no repercussions.

Today i am going to share about the top 25 richest people in the whole world in 2020. who has shown their talent and hard work to reach this position?

All of them were not born in a wealthy family, but also they manage, and their passion holds them fulfilled their dream. 

Who is the richest man in the whole world?

Jeff Bezos has been the richest person in the world for just over a year. He is best known as the founder, Chief executive officer, and president of Amazon.com, his total net worth is $113.0 billion.

Jeff Bezos is the first man ever to reach the $100 billion. 

If you want to be a billionaire, then follow your passion and hard work.

and remember, the though ''don't work hard, work smartly.''

Today we're counting the top 25 richest people in the world.

The 25 Richest Person in the World in 2020

Here you will find the official list of the billionaire as per the 2020 data sources due to differences in net worth in the past year.

1. JEFF BEZOS ($131 billion)

Jeff Bezos has been the richest person in the world for just over a 

year, but his retail juggernaut amazon.com seems bent on world domination.

The entrepreneur and e-commerce pioneer was born in 1964 in New Mexico, Bezos had an early love of computers and studied computer science and electrical engineering at Princeton University.

After graduation, he worked on Wall Street and in 1990 he became the youngest senior vice president at the investment firm DE Shaw four years later he quit his lucrative job to open amazon.com an online book store.

That became one of the Internet's biggest success stories, unlike Bill Gates. Warren Buffett Bezos has no interest in charity.

Instead, he has a laser focus on growing his brand until Amazon is a dominant global force. Whether you support him or not, his practices have earned him an unreal $131 billion.

2.   BILL GATES ($107.1 billion)

Entrepreneur and businessman Bill Gates and his business partner Paul Allen founded and built the world's largest software business Microsoft through technological innovation, keen business strategy, and aggressive business tactics.

Gates became one of the richest men in the world in February 2014.

Gates announced that he was stepping down as Microsoft Chairman to focus on charitable work at his foundation.

The Bill and Melinda Gates Foundation through Gates is still number 2 in the list he has already given away more than a third of his fortune once seen as a greedy technocrat. 

Gates has proven that he is genuinely invested in improving the lives of others rather than accumulating an absurd amount of money, all the same, he is worth $107.1 billion.

3. BERNARD ARNAULT ($106.6 billion)

 



You may not have heard of Bernardo null, but you've undoubtedly seen his product sported by celebrities and ultra-wealthy clientele all over the world.

The luxury group he oversees LVMH is the parent company of brands like Louis Vuitton MOA and shun Don, and Hennessy Cognac Arielle controls about half of LVMH, which had revenue of 42.6 billion euros in 2017. Now his total net worth is $106.6 billion.

Making him the richest man in France as the fourth richest man in the world are now is worth a whopping 72 billion dollars in addition to LVMH Arnall oversees further investment in holding vehicles group

 Arnall has invested in Netflix and blue capital, And also took a significant stake in french food chain car thor.

Also, he has invested in boo calm and a variety of other online ventures as well as buying princess yachts outright.

4. WARREN BUFFETT ($86.9 billion)

 
Known as the Oracle of Omaha, Warren Buffett is an investment guru and one of the richest and most respected businessmen in the world.

Born in Nebraska in 1930, Warren Buffett demonstrated keen business abilities at a young age.

He formed Buffett partnership Ltd in 1956, and by 1965 he had assumed control of Berkshire Hathaway overseeing the growth of a conglomerate with holdings in the media Insurance energy and food and beverage industries.

Buffett became one of the world's richest men and a celebrated philanthropist. His net worth is $86.9 billion though he has pledged to give it all away during his lifetime.

5. MARK ZUCKERBERG ($74.9 billion)

As chronicled in the semi dramatized biopic, the social network Facebook has a tumultuous origin story.

He is the founding of Facebook has been in dispute since the very week of nineteen-year-old.

Mark Zuckerberg launched the site as a Harvard sophomore. On February 4, 2004, then called the facebook.com the site was an instant hit now 15 years later the site has become one of the biggest websites in the world.

Facebook is visited by more than two billion people a month. However, the company has been embroiled in controversy for the last year.

It still makes massive profit earnings occur berg a $62.3 billion fortune.

6. LARRY ELLISON ($69.2billion)

Larry Ellison is the founder and CEO of Oracle Corporation. He was also a major investor in Tesla in 1977.

Ellison and two of his colleagues founded software development labs.

They soon had a contract to build a database management system which they called Oracle for the CIA the company had fewer than 10 employees in revenue of fewer than 1 million dollars per year.

Still, in 1981 IBM signed on to use Oracle, and the company's sales doubled every year for the next seven years.

Ellison soon renamed the company after its best-selling product now his various financial interests from cloud computing to hydroponics have netted him $69.2 billion.

7. AMANCIO ORTEGA ($69.1 billion) 

Amancio Ortega is another figure who remains in the shadows.

However, his products are ubiquitous; he was the founder of Inditex, which includes pred port fashion chains such as Zara Poland bear Massimo Dutti Bershka Stradivarius boy show and uh Turkey Ortega founded.

The first Zara ready-to-wear clothing store in a coruña in 1975.

It became not only an internationally famous chain but also the flagship of holding company Inditex.

Which he founded ten years later notoriously private few people know much about Ortega, but through tax records, it's clear that he makes 400 million dollars just from dividends every year.

On top of his corporate profits, Ortega is worth $69.1 billion.

8. LARRY PAGE ($61.2 billion)

 

Larry Page co-founded Google with Sergey Brin he now sits on the board of its parent 

company alphabet pages.

The genius behind Google's PageRank algorithm that powers the ubiquitous search engine. 

He's also behind the health care company calico and the technology company nest since he founded Google in 1998.

It has become a tech behemoth with almost no comparable rivals, and This earned him a cool $61.2 billion making him the 8 richest person on earth.

9. CARLOS SLIM ($60.4 billion)

Imagine if the grocery store, the cellphone provider, and the biggest national construction conglomerate were all owned by the same company.

No matter where you shop, you are still supporting the same business that's mostly the situation in Mexico.

Where one of the world's richest people, Carlos Slim Helu, resides, the 79-year-old has a net worth of $60.4 billion.

From 2010 to 2013, he was the richest man in the world.

Carlos Slim is not only the richest man in Mexico but in all of South America.

Carlos Slim conglomerate includes education, healthcare industry, manufacturing, transportation, real estate, media, energy, hospitality, entertainment, high-technology, retail, sports, and financial services.

He accounts for 40% of the listings on the Mexican Stock Exchange, while his net worth is equivalent to about 6% of Mexico's gross domestic products.

10. MUKESH AMBANI ($60 billion)

 

Mukesh Ambani is the richest man in India and the 10th richest person in the world.

The Yemeni born Indian business mogul is the chairman and managing director of the Indian conglomerate Reliance Industries Limited or RIL.

The foremost company of the Indian energy and materials conglomerate Reliance group.

He is renowned not only for as well but for having one of the most ostentatious houses in the world until ax in South Mumbai.

The house is the most expensive privately-owned residence in the world with a valuation of over two billion dollars, but this is just a fraction of Ambani's $60 billion fortune.

11. SERGEI BRIN ($57.5 billion )

Sergey Brin co-founded the world's most used website with Larry Page in 1998 that's right Brin is one of the masterminds behind Google.

He now serves as the president of Google's parent company alphabet born in Moscow in 1973.

Brin emigrated to the United States with his family from the Soviet Union at the age of six. And he worked in the financial sector in the tech sector before finally co-founding Google. 

Elbrun is not a household name; he is the world's 11th richest person with $57.5 billion in assets.

12. FRANCOISE BETTENCOURT MEYERS ($55.7 billion)

Francois Beth Ann Cormier is the richest woman in the world, but just like Alice Walton.

She inherited her fortune; she gained her billions from her grandfather lore'l founder Eugene Schueller.

She owns 33% of the company's stock and served on the board for many years. 

Apart from her role in the company, Meyers values the arts as well and has a humane Society set up to fund science and art projects.

She also pledged 226 million dollars to repair the Notre-dame cathedral when it was damaged in April 2019.

But this is not a significant amount of money to her, given that she is worth $55.7 billion.

13. STEVE BALLMER ($55.6 billion )

Steve Ballmer is an American businessman who served as the CEO of Microsoft from 2000 to 2014.

As a college friend of Bill Gates, the co-founder of Microsoft Steve Ballmer, was one of the early employees of the company.

He was the first business manager hired by gates born into an affluent family Steve Ballmer to be an exceptionally brilliant student with extraordinary skills in mathematics.

He graduated from Harvard College and worked for a while at Procter & Gamble before joining the Stanford Graduate School of Business.

He then dropped out to take up a position at his friend Bill Gates's new venture and went on to enjoy phenomenal success in Microsoft retired from Microsoft following an illustrious career.

Ballmer now focuses on another one of his passions basketball and is currently the owner of the Los Angeles Clippers.

However, he's a philanthropist and regularly gives away vast chunks of his fortune bomber is still worth $55.6 billion.

14. MICHAEL BLOOMBERG ($54.6 billion )

Michael Bloomberg graduated from Johns Hopkins University in 1964 with a degree in electrical engineering.

After graduating from Johns Hopkins, he received his MBA from Harvard Business School in 1966.

Bloomberg was hired by Salomon Brothers in New York his starting salary at Salomon was $9,000 a year fast forward to 2019.

He has one of the largest media empires in the world and was the 108th mayor of New York City. He is worth an unbelievable $54.6 billion.

15. JIM WALTON ($53.1 billion)

Rounding out the Walton siblings is Jim Walton; he is the youngest of the siblings and decided to get involved with the financial arm of the company individually.

He runs the families are vest Bank, which has more than 16 billion dollars in assets. He has been involved in political campaigning over the years.

Still, mostly shied away from the spotlight after serving on the Walmart board for more than a decade, he has stepped down but not before accruing a fortune of $53.1 billion.

16. ALICE WALTON ($52.8 billion)

 

Alice Walton has the same background as her older brother Rob. She was also lucky enough to be born into an affluent family with a global retail empire, but unlike her brother. 

Alice had a passion for the Arts and decided to remain financially invested in Walmart while ignoring the day-to-day monotony of the company.

Walton purchased her first piece of art when she was about ten years old. It was a reproduction of Picasso's blue nude, got from her father's Ben Franklin dime store.

She and her mother would often paint watercolors on camping trips. Her interest in art led to her spearheading the Walton family foundations' involvement in developing Crystal Bridges Museum of American Art.

In the heart of Bentonville Arkansas, her collection includes pieces by Andy Warhol Norman Rockwell and Mark Rothko. She is the second richest woman in the world, with$ 52.8 billion.

17. ROB WALTON ($52.8 billion)

 




The Walton lend their name to the legendary discount Goods chain Walmart Walmart is worth over 500 billion dollars according to Fortune Global 500 lists in 2018 as well as the largest private employer in the world with 2.3 million employees.

However, they have struggled in recent years to keep up with Amazon; the company is still a major contender in the retail scene.

After founder Sam Walton died, the Empire was split among his many children and family members.

Among them was Rob Walton, his eldest son who ran the company for 25 years after his death gaining even more stock options.

He has a current net worth of $52.8 billion though he is no longer involved in day-to-day operations of the company.

18. CHARLES KOCH ($42.9 billion)

Charles Koch has been chairman and CEO of Koch Industries America's second-largest private company by revenue since 1967.

He diversified company has some 110 billion dollars in revenue from businesses including pipelines chemicals Dixie Cups and Stainmaster carpet.

He bought out their other brother stocks in 1983 the brothers now on 42% of the company's capital for a total of $42.9 billion.

19. JULIA KOCH ($42.9 billion)

After the Koch died, on August 23, 2019, Julia took his place.

Chances are you're familiar with the Koch brothers for their political influence and public personas.

However, despite the Koch brothers famous political influencers, their primary activities are centred around running Koch Industries Incorporated of which they own 84% this is a private company that has revenues topping 100 billion dollars.

However, it is not a single company but a conglomerate of companies the brothers owned on June 5th 2018.

Julia husband David Koch retired from all roles related to the Koch Industries and Koch affiliated group due to health reasons despite her declining health he is still worth $42.9 billion.

20. JACK MA ($41.4 billion) 

From humble beginnings as an English teacher, Jack Ma has since created one of the world's largest e-commerce empires.

He is the CEO of the Alibaba Group, which is comprised of several of China's most popular websites, including the business marketplace Alibaba.com and the shopping site taobao.com.

Ma has rags to riches story working as a tour guide and failing the entrance exams to teacher school twice because he did not have a sound understanding of mathematics.

Still, all his hard work paid off as he is now worth $41.4 billion, and his fortune is only growing.

21. SHELDON ADELSON ($40.8 billion)

Sheldon Adelson may not be a household name.

Still, if you've been to the Las Vegas Strip, then you've seen some of his handiwork.

He's the CEO of the Las Vegas Sands corporation they owned the Venetian Resort in Las Vegas in addition to major hotel holdings in Singapore and Macau.

Adelson grew up poor in the Boston metro area after a series of failed business ventures like a career as a court reporter and a business selling toiletry kits.

Adelson finally acquired the Sands property with a group of business partners.

He is a major contributor to the Republican Party candidates he sat out the Republican primary season during the 2016 presidential campaign.

But on September 23rd he announced a 25 million dollar donation to Donald Trump's 2016 presidential campaign, making him the largest donor to the Trump campaign and the largest donor in the presidential election.

However, this is chump change to Adelson, who is worth $35.1 billion. Now his total net worth is $40.8 billion.

22. PHIL KNIGHT ($40.2 billion)

The year is 1962, and Phil Knight had just graduated from Stanford

 As any business graduate can tell you, becoming an entrepreneur is difficult if you don’t have any good ideas, but Phil had one.

The man who’d later create Nike, he went ahead and just did it. In November 1962, Phil knight flew over to Japan like a tourist and just started exploring.

In the beautiful city of Kobe, he stumbled upon a shoe store that caught his eye.

Phil had become the exclusive distributor for Onitsuka Tiger in the USA.

He received his first shipment of twelve pairs of Tiger shoes in 1963, and he started selling them out of the back of his car at every running track he could drive too.

Though, his strategy wasn’t scalable, so he went to the only person he knew who understood more about shoes than he did. His total net worth is $40.2 billion.

23. DAVID THOMSON ($39.4 billion)

David Thomson is the 3rd born child of Baron Thomson. He is a Canadian hereditary peer and media magnate.

Thomson became the chairman of Thomson Corporation after his father’s death in 2006, and he also inherited his father’s British title, Baron Thomson of Fleet. 

His total net worth is roughly $39.4 billion.

24. MACKENZIE BEZOS ($37.4 billion)

MacKenzie Bezos is the ex-wife of Jeff Bezos since they were divorced now.

The New York Post says MacKenzie "holds all the cards" because Jeff's estimated $137 billion.

The net worth could be divided by a judge in Washington state where, by law, assets acquired during the marriage are equally owned.

Divorced makes MacKenzie, quote, "as much the world's wealthiest woman as her husband is its richest man.

25. MICHAEL DELL ($31.9 billion)

You may know Michael Dell From his eponymous computer company Dell technologies. 

However, dell has been overshadowed in recent years by Apple, it's still a major contender in the personal computer world, after buying back the company for 25 billion dollars.

In the largest private buyback since the Great Depression Dell in public again in 2018, Dell owns about 12% of the company.

With many billions of dollars invested elsewhere in the stock market in all, Michael Dell is worth a fantastic $31.9 billion, making him the 25th richest person in the world.

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