TOP 100 RICHEST PEOPLE IN THE WORLD 2018
We live in a world where money is just as important as oxygen, food, and water as a means of survival. Some have it in abundance and others, struggle all their lives to get just enough for them to get on, on a daily basis. Those people on earth who can be counted among the richest in the world have jaw-dropping amounts of money that in many cases, rival the GDP of some small countries in the world. Taking a look at the top 100 richest people in the world 2018, they have more money than they could possibly spend in several lifetimes and the income stream is yet to run dry.
Some of these people, such as Bill Gates and Mark Zuckerberg, co-founders of Microsoft and Facebook respectively, their wealthy status is self-made and arose from their ability to reason out a literal billion-dollar idea and see it through to fruition while making constant moves to make sure it thrives. Others, however, like the famous Koch brothers of Koch Industries, they were essentially born into the wealth even though under their control, the company has grown and amassed a staggering amount of wealth through their sheer genius and ingenuity.
These rich men and women who basically have the world at their feet are usually charity giants and philanthropists who give a very substantial percentage of their overall wealth out to charity as a means of giving back to the community and making a positive impact with their impressive pockets. As a matter of fact, it is known that some of these rich men and women have taken “the Giving Pledge” which simply means that they have promised that at least half of their considerable wealth will go towards philanthropic pursuits and charity for the less privileged.
WHO IS THE RICHEST PERSON IN THE WORLD
Presently, according to a report by Forbes, there are more than 2000 billionaires from various parts of the world, and there is an expected rise in that number in years to come. These world richest people range from CEOs of tech companies to heirs and heiresses, to expert investors all over the world, based on estimates presented by Forbes.
RICHEST MAN IN THE WORLD
The position of richest man in the world is occupied by Jeff Bezos. Bezos also holds the position of the richest person in the world and of all time after crossing $100 billion. The position was occupied by Co-founder of Microsoft, Bill Gates.
Jeff Bezos is the owner of online retail giant, Amazon.com, and the majority of his total net worth can be attributed to the 78.9 million shares of Amazon stock which is owned by the billionaire. In the year 2017, Amazon shares climbed almost 57%. Based on an analysis by Earnest Research located in New York, the Seattle-based corporation, Amazon.com managed to make up to 89% of online spending among all the major retailers in the 5-week period which began on Thanksgiving.
The former holder of the position, Bill Gates, occupies the second spot on the list of 10 richest people in the world with about $92 billion. A lot of arguments have been brought forward that the only reason Bill Gates isn’t occupying the first position is that of the significant contributions he makes to charity. According to a report by Bloomberg, the Microsoft co-founder has donated nearly 700 million in Microsoft Shares which, tuned to today’s current value would be at about $61.8 billion and also about $2.9 billion of cash since the year 1996.
RICHEST WOMAN IN THE WORLD
This prestigious position is held by Alice Walton, an American heiress, and daughter of the founder of Walmart, Sam Walton. The former holder of this position was French Heiress, Francoise Bettencourt Meyers. Alice Walton was born in Newport, Arkansas and holds a B.A in Economics and Finance after graduating from Trinity university located in San Antonio in the state of Texas. At the start of her career, Alice was the equity analyst as well as the money manager for First Commerce Corporation and was also the head of investment activities at Arvest Bank Group. In the year 1988, she founded an investment bank known as Llama Company where she held the position of CEO, president and chairwoman before it closed in the late 1990s. She holds the record of being the first person to chair the North-West Arkansas Council and is recognized for the vital role she played in the development of the Northwest Arkansas Regional Airport. Alice Walton was inducted in the Arkansas Aviation Hall of Fame in the year 2001. Alice Walton focuses on curating art, but at the same time, she co-manages the holding company of the family, Walton Enterprises.
TOP 100 RICHEST PEOPLE IN THE WORLD 2018
1. JEFF BEZOS:
This billionaire is the founder of Amazon.com and is one of those responsible for the growth and popularity of online shopping as well as e-commerce. Jeff left his hedge fund job in New York in order to found the retail giant that is Amazon.com in the year 1994. This billion-dollar retail company started off as an online book retailer which Bezos operated out of his garage in Seattle, and from there it grew into the world’s largest online retailer with more than $430 billion as reported by CNBC. Jeff Bezos aside from being the founder of Amazon also owns a private space company known as “Blue Origin” and recently bought the Washington Post as well as in the year 2013. The Bezos family foundation is operated by Mike and Jackie Bezos, Jeff Bezos’s parents and is focused on education of the youths. Jeff Bezos has a net worth of $150 billion. He is the first person the list of the top 100 richest people in the world 2018.
2. BILL GATES:
Bill Gates was born in Seattle & used his first computer in the year 1967 as a schoolboy. Years after, Bill Gates went on to Co-found Microsoft in the year 1975 with his childhood friend Paul Allen as the both of them had developed an interest in computers at that early age. Bill Gates along with fellow billionaires Mark Zuckerberg and Warren Buffet created “The Giving Pledge” as a means of encouraging colleagues and fellow billionaires and wealthy people to give a considerable amount of their wealth to charity. His foundation which he co-chairs with his wife focuses on infectious diseases all over the world such as HIV and Malaria. Bill Gates holds the billionaire position of the second richest person in the world with a net worth of $90 billion.
3. MARK ZUCKERBERG:
This billionaire created the first version of Facebook in the year 2004 and was only a sophomore at Harvard at the time. This behemoth social media platform was first used on college campuses but now has more than 1.2 billion users from all over the world. With several offices around the world, Facebook is reported to be worth more $400 billion. Mark Zuckerberg is the youngest person on this list and aside from being the co-founder of Facebook is also its chairman and CEO. Together with his wife, Priscilla Chan, through their Chan Zuckerberg initiative, they have donated to multiple charities and have vowed to give about 99% of their wealth to charitable causes. Zuckerberg is worth $81.6 billion.
4. WARREN BUFFET:
With a net worth of $81.2 billion, Warren Buffet is the 4th richest person in the whole world. He is the CEO of Berkshire Hathaway and also an investment genius known to have bought his first stock at the young age of eleven and filed his first taxes two years later at the age of thirteen. Warren Buffet is one of the world’s greatest investors and is known for his cheap spending habits despite owning over 60 companies. This great investor whose nickname is “The Oracle Omaha” is a great philanthropist and has vowed to give away about 99% of his total wealth to charity.
5. BERNARD ARNAULT:
This billionaire can be credited with being responsible for many of the most fashionable brands in the world including Louis Vuitton, Dom Perignon, Sephora, and Bulgari. This billionaire Frenchman is the CEO of LVMH, the largest luxury goods company all over the world. He has a net worth of $72 billion and is a notable art collector. His foundation, Louis Vuitton based in Paris, supports artistic creation in the nation of France. He is the richest man in Europe.
- 6. AMANCIO ORTEGA:
This Spanish, self-made billionaire is the founder of Inditex Fashion group which is known to include Zara clothing stores. Inditex Fashion group was founded in the year 1975 by Amancio Ortega and his ex-wife Rosalia Mera who, unfortunately, passed away in the year 2013. Ortega is the wealthiest retailer in the world, owning about 59% of Inditex Fashion group known to operate about 7,000 stores all over the world. In the year 2011, he stepped down from the position of chairman of the company. Amancio Ortega, unlike many of his colleagues, has opted to stay out of the public eye and there was even no published photograph of him until the year 1999. He has a net worth of $70 billion.
7. CARLOS SLIM HELU:
Currently on the seventh position among the richest people in the world, billionaire richest man in Mexico with a net worth of $67.1 billion. Carlos Slim is the owner of more than 200 companies in various industries from telecommunication to retail. He is the owner of American Movil which is the largest telecommunication company in all of Latin America as well as Grupo Carso Conglomerate, a company which includes several restaurants and retailers amongst others. According to Business Insider, Slim’s father moved from Lebanon to Mexico before the birth of Slim and while there, he recorded good success in the retail and real estate business. After his father died in the year 1953, Slim inherited the businesses and when he graduated from college in the year 1960, he founded his first company, an investment company known as Inversora Bursatil. Carlos Slim is the owner of about 19% of the New York Times. Despite being a philanthropist, he is known to have criticized other billionaires for giving all their money to charity because, according to him, company leaders should create other companies rather than give them away.
8. CHARLES KOCH (TIED):
Koch Industries is the second largest private company in all of the United States and Charles Koch is the CEO, chairman, and Co-owner of the company. He is worth $60 billion.
8. DAVID KOCH (TIED):
Tied along Charles Koch, in eight spots on the list of the top 100 richest people in the world, David Koch is the co-owner of Koch industries as well as the executive vice-president of the company. He and his brother Charles Koch own 42% each. The company is known for producing items such as Dixie cups, Stainmaster Carpet Cleaner and Quilted Northern paper towels. The company was inherited from their father. He is also worth $60 billion
10. LARRY ELLISON:
Larry Ellison is the founder, chairman and the former CEO of the software giant, Oracle. Larry Ellison started from very humble beginnings and as at the time he founded his company in the year 1977, it is said that he has never taken a computer science class in his life. Ellison moved from New York to California, following his dropping out from college two times and then worked in several jobs which required him to learn computer programming including one where he lent his assistance towards the building of a database for the CIA. He left the company along with two co-workers and proceeded to found ORACLE which is the most popular database company worldwide. Before stepping down as CEO in 2014, he was the highest paid executive in the United States. The tenth richest person among the top 100 richest people in the world, is a philanthropist and has pumped in millions towards charity and education and still plans on putting in billions. Aside from his charitable deeds, he has a lot of money tied into real estate and owns the whole island of Lanai in Hawaii. Larry Ellison has a net worth of $58.5 billion.
TOP 100 RICHEST PEOPLE IN THE WORLD 2018
|1.||Jeff Bezos||United States||$150 Billion||Technology|
|2.||Bill Gates||United States||$91.1 Billion||Technology|
|4.||Warren Buffett||United States||$81.3 Billion||Diversified|
|5.||Benard Arnault||France||$74 Billion||Technology|
|3.||Mark Zuckerberg||United States||$81.6 Billion||Retail|
|6.||Amancio Ortega||Spain||$70 Billion||Diversified|
|7.||Carlos Slim Helu||Mexico||$60 Billion||Consumer|
|8.||Charles Koch||United States||$60 Billion||Koch Industries|
|9.||David Koch||United States||$53.2 Billion||Koch Industries|
|10.||Larry Ellison||United States||$58.5 Billion||Technology|
|11.||Michael Bloomberg||United States||$50 Billion||Financial Services / Media|
|12.||Larry Page||United States||$48.8 Billion||Technology|
|13.||Sergy Brin||United States||$47.5 Billion||Technology|
|14.||Jim Walton||United States||$46.4 Billion||Retail|
|15.||Robson Walton||United States||$46.2 Billion||Retail|
|16.||Alice Walton||United States||$46 Billion||Retail|
|17.||Ma Huateng||China||$45.3 Billion||Tech/Media|
|18.||Francoise Bettencourt Meyers||France||$42.2 Billion||Fashion|
|19.||Mukesh Ambani||India||$40.1 Billion||Technology|
|20.||Jack Ma||China||$39 Billion||Technology|
|21.||Sheldon Adelson||United States||$38.5 Billion||Entertainment / Real Estate|
|22.||Steve Ballmer||United States||$38.4 Billion||Technology|
|23.||Li Ka-Shing||Hong Kong||$34.9 Billion||Real Estate|
|24.||Hui Ka Yan||United States||$30.3 Billion||Real Estate|
|25.||Lee Shau Kee||Hong Kong||$30.3 Billion||Real Estate|
|26.||Wang Jianlin||China||$30 Billion||Real Estate|
|27.||Beate Heister & Karl Albrecht Jr.||German||$29.8 Billion||Retail|
|28.||Phil Knight||United States||$29.6 Billion||Technology|
|29.||Jorge Paulo Lemann||Brazil||$27.4 Billion||Beer|
|30.||Francois Pinault||France||$27 Billion||Luxury Goods|
|31.||George Shaeffler||United States||$25.3 Billion||Auto|
|32.||Susanne Klatten||Germany||$25 Billion||Diversified|
|32.||David Thomson||Canada||$25 Billion||Media|
|34.||John Mars||United States||$23.6 Billion||Retail|
|35.||Jacqueline Mars||United States||$23.6 Billion||Retail|
|36.||Joseph Safra||United States||$23.5 Billion||Banking and Finance|
|37.||Giovanni Ferrero||Italy||$23 Billion||Retail|
|37.||Dietrich Mateschitz||Austria||$23 Billion||Consumer|
|39.||Michael Dell||United States||$22.7 Billion||Technology|
|39.||Masayoshi Son||Japan||$22.7 Billion||Technology|
|41.||Serge Dassault||France||$22.6 Billion||Diversified|
|42.||Stefan Quandt||Germany||$22 Billion||Auto|
|43.||Yang Huiyan||China||$21.9 Billion||Real Estates|
|44.||Paul Allen||United States||$21.7 Billion||Technology|
|45.||Leonardo Del Vecchio||Spain||$21.2 Billion||Eyeglasses|
|46.||Dieter Schwarz||Germany||$20.9 Billion||Retail|
|47.||Thomas Peterffy||United States||$20.3 Billion||Discount Brokerage|
|48.||Theo Albrecht, Jr.||Germany||$20.2 Billion||Retail|
|48.||Len Blavantnik||United States||$20.2 Billion||Diversified|
|50.||He Xiangjian||China||$20.1 Billion||Home Appliances|
Continuation with the remaining TOP 500 RICHEST PEOPLE IN THE WORLD 2018
|51.||Lui Che Woo||United States||$20.1 Billion||Entertainment|
|52.||James Simons||United States||$20 Billion||Investments|
|52.||Henry Sy||Philippines||$20 Billion||Diversified|
|54.||Elon Musk||United States||$19.9 Billion||Tesla Auto|
|55.||Hinduja Family||United Kingdom||$19.5 Billion||Diversified|
|55.||Tadashi Yanai||Japan||$19.5 Billion||Fashion Retail|
|57.||Vladimir Lisin||Russia||$19.1 Billion||Steel / Transportation|
|58.||Laurene Powell Jobs||United States||$18.8 Billion||Technology / Media|
|58.||Azim Premji||India||$18.8 Billion||Technology|
|60.||Alexey Mordashov||Russia||$18.7 Billion||Steel / Investment|
|61.||Lee Kun-Hee||South Korea||$18.6 Billion||Samsung|
|62.||Lakshmi Mittal||India||$18.5 Billion||Steel|
|63.||Wang Wei||China||$18.2 Billion||Package And Delivery|
|64.||Leonid Mikhelson||Russia||$18 Billion||Gas / Chemicals|
|65.||Charoen Sirivadhanabhakdi||Thailand||$17.9 Billion||Drinks / Real Estate|
|66.||Pallonji Mistry||Ireland||$17.8 Billion||Construction|
|67.||Ray Dalio||United States||$17.7 Billion||Investment|
|68.||Takemitsu Takizaki||Japan||$17.5 Billion||Sensors|
|69.||William Ding||China||$17.4 Billion||Technology|
|69.||R. Budi Hartono||Indonesia||$17.4 Billion||Banking / Tobacco|
|69.||Gina Rinehart||Australia||$17.4 Billion||Minning|
|72.||German Larrea Mota Velasco||Mexico||$17.3 Billion||Minning|
|73.||Carl Icahn||United States||$16.8 Billion||Investment|
|73.||Stefan Persson||Sweden||$16.8 Billion||Retail|
|75.||Michael Hartono||Indonesia||$16.7 Billion||Banking / Tobacco|
|75.||Joseph Lau||Hong Kong||$16.7 Billion||Real Estate|
|77.||Thomas & Raymond Kwok||Hong Kong||$16.5 Billion||Real Estate|
|78.||Vagit Alekperov||Russia||$16.4 Billion||Oil|
|78.||James Ratcliffe||United Kingdom||$16.4 Billion||Chemicals|
|80.||Donald Bren||United States||$16.3 Billion||Real Estate|
|80.||Iris Fontbona||Chile||$16.3 Billion||Minning|
|82.||Gennady Timchenko||Russia||$16 Billion||Oil & Gas|
|83.||Abigail Johnson||United States||$15.9 Billion||Finance|
|83.||Vladimir Potanin||Russia||$15.9 Billion||Metal|
|83.||Lukas Walton||United States||$15.9 Billion||Retail|
|86.||Charlene de Carvalho-Heineken||Netherlands||$15.8 Billion||Heineken (Beer)|
|87.||Zhang Zhidong||China||$15.6 Billion||Technology|
|88.||Petr Kellner||Czech Republic||$15.5 Billion||Banking|
|88.||Andrey Melnichenko||Russia||$15.5 Billion||Coal / Fertilizer|
|88.||David & Simon Reuben||United Kingdom||$15.5 Billion||Investment / Real Estate|
|91.||Klaus-Michael Kuehne||Germany||$15.3 Billion||Shipping|
|91.||Li Shufu||China||$15.3 Billion||Auto|
|93.||Mikhail Fridman||Russia||$15.1 Billion||Oil, Banking, Telecom|
|94.||Rupert Murdoch||United States||$15 Billion||Media|
|95.||Dhanin Chearvanont||Thailand||$14.9 Billion||Diversified|
|96.||Robert Kuok||Malaysia||$14.8 Billion||Diversified|
|97.||Emmanuel Besnier||France||$14.7 Billion||Cheese|
|98.||Shiv Nadar||India||$14.6 Billion||Technology|
|99.||Viktor Vekselberg||Russia||$14.4 Billion||Metal / Energy|
|100.||Aliko Dangote||Nigeria||$14.1 Billion||Diversified|
With the huge revenues
- TOP 50 RICHEST COUNTRIES IN THE WORLD
- TOP 10 RICHEST FOOTBALLERS IN THE WORLD
- TOP 10 RICHEST SPORTS IN THE WORLD
- TOP 10 RICHEST FAMILIES IN THE WORLD
- TOP 10 RICHEST GAMERS IN THE WORLD
- TOP 10 RICHEST TEAMS IN THE WORLD
CONCLUSION ON THE TOP 100 RICHEST PEOPLE IN THE WORLD
Whether or not the empire was built from scratch or inherited, hard work and smart decisions are what has kept these people on top. The positions may shift every now and again, but that just goes to show that despite how much they have amassed, they have still not relented.
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