Top 20 Richest People In The World

He has served as the UAE’s president since 1971 and has been instrumental in opening up the country to the west. These days, the UAE is a hotbed of business and political activity, with the president raking in a handsome payday as well. Former President of Angola, José Eduardo Dos Santos, has six children from three marriages. His oldest daughter, Isabel, is the richest woman in Africa with an estimated net worth of $3.4 billion. No one knows the exact worth of oil-rich Azerbaijan’s former president because he stashes money overseas via investments and properties.

Dieter Schwarz is the founder of the Schwarz Group, which owns the Lidl and Kaufland grocery stores. Haitian went on the Shanghai Stock Exchange in 2014 and was the country’s second-biggest initial public offering. In September 2020, the company’s market value hit $81 billion. Leonard ran Estee Lauder for over 30 years, establishing the company’s first research and development lab and purchased several other brands like Aveda and Bobbi Brown. He stepped down as CEO in 1999 but is still involved around the company as the “chief teaching officer.” Bezos recently divorced his wife MacKenzie; after which she received 4% of Amazon, which is worth billions, and yet it still hasn’t knocked him off the top spot.

• The article mentions amongst other things that from 2018 to 2019 there were 247 billionaires that dropped out of the list.
• Self-made billionaires made up the largest number of people on the list with 1,191 positions , while just 230 had wealth through inheritance.
• Russia was placed behind China, Germany and India by the number of billionaires.
• The number of billionaires who inherited a portion but were still working to increase their fortunes is 405.

Ibrahim is a crime lord who runs an organized crime syndicate called D-Company. He founded D-Company in Mumbai during the 1970s, and since then he’s lined his pockets with nearly $7 billion to become one of the richest drug dealers ever. He’s one of the world’s most wanted criminals and is facing charges of murder, terrorism, drug trafficking, and assassination. Who hasn’t dreamed of being European royalty, with billions of dollars to play with and a fun title like “Prince Something-or-Other”?

There were 2,095 billionaires on the list when it was finalized on March 18, according to the business website. That was 58 fewer billionaires than last year and 226 fewer than at the https://www.bookstime.com/ beginning of the month, Forbes reported. Facebook founder Mark Zuckerberg, four years after starting the company, joined the list at 23 to become the youngest self-made billionaire.

Net Worth: $66 Billion

Adani, at no. 2 has a net wealth of $25.2 billion for the year 2020 while Nadar’s estimated wealth was put at around $20.4 billion. Indeed, the recent fire that destroyed invaluable architecture of Notre Dame saw a competition between the three families to see who would donate more money to the fund to rebuild the cathedral. Pinault started by donating 100 million euros; quickly followed by Arnault and Bettencourt who each doubled the initial amount, donating each 200 million euros.

Net Worth: $88 9 Billion

Their father, Pierre Wertheimer was an early business partner of Coco Chanel, who took over the Chanel company during World War II. Coco called him “the bandit who screwed me.” When someone has the nickname “Superman,” you know they’re powerful. Li Ka-shing is one of the most prominent business persons in Asia and the most powerful businessman in Hong Kong. Abigail assets = liabilities + equity Johnson is the daughter of billionaire businessman Edward Johnson III, whose father founded Fidelity in 1946. The Johnson family has been running Fidelity — currently the second-largest mutual fund manager in America — for nearly 75 years. He Xiang is a self-made billionaire whose career began when he opened up a lid manufacturing business with $706 and 23 workers.

Formerly affiliated with Morgan Stanley, financial advisor and principal Dale Kramer, CFP®, and his support team bring more than 60 years of combined industry experience, with clients in 18 states. Steve Ballmer was the CEO of top 5 richest people in the world Microsoft for 14 years, where he amassed his incredible net worth and currently owns the Los Angeles Clippers. If co-relation equaled causation, then most parents would be naming their children as Larry, gender be damned.

The U.S. had the most billionaires in the world, with 585, while China was catching up with 476 when including Hong Kong, Macau and Taiwan; it had 372 when excluding those three places. Forbes excluded Al-Walid bin Talal and all other Saudi billionaires due to the absence of accurate contra asset account wealth estimations as a result of the 2017–19 Saudi Arabian purge. The Walton family is of course, the owner of Walmart, which is the world’s largest retailer. Had this money been going to just one heir, that person would possibly have been the richest person in the world.

In the wake of the Financial crisis of 2007–2008, the world’s billionaires lost $2 trillion in net worth and the list became 30% smaller than the previous year’s list. A record total of 1,226 people made the 2012 list, representing 58 countries. The United States had the greatest number of billionaires with 425. Georgia, Morocco, QuickBooks and Peru were newly represented on the list. Falling stock prices in Asia contributed to 117 former billionaires falling from the list worldwide. A total of 1,645 people made the 2014 billionaire list, representing a combined wealth of $6.4 trillion. Of those, a record 268 were newcomers, surpassing 2008’s 226 newcomers.

When the Korean War started that following year, import restrictions worked in his favor, and his paint business gained momentum. Leonard Lauder is the oldest son of Estee Lauder, the incredibly successful businesswoman who launched the eponymous makeup company. The Bloomberg Billionaires Index ranks the world’s 500 richest individuals. While many of the names in the top 10 are as iconic as the tech companies that propelled them to wealth and fame, there is always room for a few surprises. Dan has been running Wealthy Gorilla and studying self-development, personal finance and investment for the last 7 years, whilst traveling the world and being able to call Bali, Indonesia, his HQ. To this day, Wealthy Gorilla has become one of the fastest growing self-development sites in the world; with over 160 million views worldwide, and more than 200,000 followers on social media. Dan’s mission is simply, to inspire others to live their dreams and be the person to whom they say; “Because of you, I never gave up.”

Net Worth: $183 8 Billion

As of 2020, Zhong Shanshan’s net worth is estimated to be $52.8 billion. Carlos Slim Helu is a Mexican businessman and investor; owner of the conglomerate ‘Grupo Carso’. The conglomerate’s portfolio consists of brands in many different industries, such as health care, media, energy, real estate and retail. As of 2020, Daniel Gilbert’s net worth is estimated to be $47.6 billion. Most people have a pretty good idea, even if they’re not an entrepreneur, or interested in the subject at all for that matter. Therefore, when it comes to physical shopping, people feel more comfortable in local stores or at outdoor markets and much less so in shopping malls. When it comes to how consumers plan to spend their hard-earned cash, some interesting insights emerge.

America’s Christy Walton was the highest ranking woman, placing ninth overall. Aliko Dangote of Nigeria became the first African to enter the top 25, with an estimated net worth of $25 billion. In the 33rd annual Forbes list of the world’s billionaires, the list included 2,153 billionaires with a total net wealth of $8.7 trillion, down 55 members and $400 billion from 2018.

We sometimes read this list just to find out what new travel products people are buying. Another one of the most famous scandals was the Banier-Bettencourt case; where Liliane Bettencourt proceeded to gift huge sums of money to a friend.

While Emmanuel Besnier might be the most discreet French billionaire; he has a reputation of being scandalously tough when it comes to business; in particular when he deals with French milk producers. His brother and sister are also shareholders of Lactalis, and as such, also billionaires. And how much money have they lost over the past twelve months? Here are their respective entries in the Forbes 400, including capsule descriptions from Forbes and their previous rankings. Not that anyone needs to create a GoFundMe page for any of them. Their estimated net worth currently ranges from $2.6 billion to $10.1 billion.

In June 2010, Gates and Buffett announced the Giving Pledge, a promise to give the majority of their wealth to philanthropic causes. As of 2017, the pledge had 158 signatories, but some of the signatories have since died. Most of the signers of the pledge are billionaires, and their pledges total over $365 billion. This was the first time after 12 years that Carlos Slim was not within the top five. The U.S. had the most billionaires in the world, with a record of 565.

Louis Vuitton is the very successful luxury fashion brand, and Moet Hennessey is the merged champagne and cognac manufacturers. Gates’ net worth has been pretty stagnant since he reached the $100 billion mark. He’s now dropped another place to be the 3rd richest man in the world. Mark Zuckerberg is now the 4th richest man in the world, with an estimated net worth of $98 billion. Facebook has become the most popular and most valuable social media company in the world. Warren Buffett is the 6th richest man in the world, with an incredible net worth of $82.3 billion. 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.

Her daughter accused the friend of abusing of her mother’s weakness. For a long time, he even preferred not disclosing the accounts of his company and paying the fines demanded by French law; then the law was toughened and he had to start disclosing his finances. Emmanuel Besnier’s name might be unknown to you, because he does everything in his power to remain in the shadows. He is the head of Lactalis, a top cheese conglomerate; and with a fortune estimated at 14.7 billion dollars, he is the fifth richest French person in the world. Home and Family Taking care of a home and family is a blessing that comes with many responsibilities including, and most importantly showing love, care and support. It can be overwhelming at times, but finding balance through efficient solutions can help. Discover with Title Pro, “Home and Family” series aims to help provide great tips for your home and family to make each day a little easier.

Gilbert took Quicken public for the second time in August 2020. in 2018, Ferrero SpA bought the American candy arm of Nestle for $2.8 billion The company now produces chocolate bars like Butterfinger, Baby Ruth and Crunch Bar. The Wertheimers are a notoriously private family so we don’t know too much about them. Tadashi Yanai is the owner of Fast Retailing, which owns the popular clothing company Uniqlo. That same year, Yani took over as as president and opened up a casual fashion store called Unique Clothing Warehouse, which later became Uiqlo. Ka-shing owns the La Ka Shing Foundation, which is second only to the Bill & Melinda Gates Foundation in charitable organizations founded by wealthy individuals.

Rivals typically need to plan six months in advance, due to global supply chains, which means they may end up stocking items that have already gone out of fashion. This “just in time” approach to inventory management had proven quite successful for Japanese automakers, and Ortega believed that the retail industry would benefit as well. of financial liquidity at a time when local markets were in distress. Five years out of college, Slim had already amassed a $40 million fortune by using his investment firm to accumulate stakes in various industrial firms. Yet his real fortune was made in the 1980’s when he acquired a number of major Mexican assets at distressed prices, at a time when few other major investors had excess capital to work with. This Mexican magnate is the child of Lebanese immigrants who managed to develop a thriving real estate business in Mexico City soon after they arrived.

for the select few who came up with a brilliant business idea . With the markets in flux due to coronavirus, each billionaire’s net worth also fluctuates depending on the day. Musk is also the founder of several other companies including SpaceX, The Boring Company, Hyperloop and OpenAI. FEN Learning is part of Sandbox Networks, a digital learning company that operates education services and products for the 21st century. Infoplease is part of the FEN Learning family of educational and reference sites for parents, teachers and students. Arguably the best deal available right now is on the company’s BlackWidow mechanical keyboard —it’s down from $120 to $70, which is a record-low price. Also discounted are Razer’s noise-cancelling Opus gaming headset and the Viper mouse.

Page became the CEO of Google’s holding company in 2015 and controlled the world’s largest search engine operator. With his business partner Sergey Brin, Larry Page claimed his place in history and helped to change the world as the cofounder of Google and then its CEO. Brin was the president of Alphabet, Google’s parent company, until 2019, and remains a controlling shareholder, board member and employee. Brin had a hand in Google’s innovative offshoot Google X, where the company’s many geniuses were hard at work on various “moon shots,” working to find solutions to some of the world’s most pressing problems. Francoise Bettencourt Meyers was the grandaughter of L’Oréal founder Eugene Schueller. Her mother was Liliane Bettencourt, one of the principal shareholders of L’Oréal.

Forbes’ said Country Garden’s revenue totalled $56.7bn, thanks to its international property portfolio. The king of Thailand, Bhumibol Adulyadej, passed away in fall 2016. But we’re including him on our list because of his immense wealth and the fact that most people don’t realize just how rich he was.

As many have saved significantly on socializing and travel—which is down 34% year-on-year—they plan to put this money towards items for themselves instead of gifts and gift cards for others. These items include clothes, at-home entertainment, and home furnishings. As an incredibly difficult year draws to a close, people are starting to accept that this festive season will be anything but typical. But while a portion of consumers have reined in their spending due to financial uncertainty, others are spreading Christmas cheer by indulging in gifts for their loved ones. The COVID-19 pandemic largely defined many of the winners and losers of 2020, as did the Federal Reserve’s expansion of the U.S. money supply.

Thanks to a series of legal maneuvers, Arnault was able to parlay that modest stake into a much bigger one, which was soon to be worth more than $1 billion. Li’s empire now spans more than 50 countries and employs more than 250,000 people. In the crowded world of retail, how did Ortega make Zara and his other stores stand out? New items can be produced and stocked in just two weeks, thanks to local production.