Jeff Bezos the richest person on earth in 2018


Who would have thought that a simple e-commerce project could one day put Jeff Bezos on the world map? And this is not about selling books online. It is about him being the richest person in the world. OF ALL TIME!

No one comes close

The CEO and founder of Amazon has surpassed anyone who has ever been the richest person. In a recent report, Bezos’ net worth reached USD105.1 billion. This was reported by Bloomberg that tracked billionaires and their wealth. With this figure, Bezos surpassed Bill Gates, the founder of Microsoft who held the record previously. Gates net worth was once slightly more than USD100 billion in April 1999 but with inflation, that might be a lot more. Back to Bezos and it is noted that his net worth is mainly drawn from his shares in Amazon. He owns 78.9 million shares and with the recent climb, it just boosts his wealth all the way.
Last July, Bezos was declared the richest person in the world and is now the richest person ever. The shareholder of Washington Post and Blue Origin (company that offers private space travel) has been in the top list for many years now.

What about Bill Gates?

At the moment, Gates’ net worth is USD91.9 billion and that puts him at number 2 of the richest person. That is how it will be for the man who put one personal computer in every home who has already been out of the limelight for a while now. Market analysts will tell you that Gates would still worth a lot more than Bezos if inflation is considered.

Warren Buffet

At the third spot is Warren Buffet who owns Berkshire Hathaway. The company operates more than 60 companies which includes Geico and Duracell. The philanthropist has pledge nearly all his fortune to charity and to date has already contributed almost USD32 billion.

Bernard Arnault

The fourth in this list is Bernard Arnault. If you haven’t heard of him, then you would surely has heard of his brands. His company owns LVMH where they operate more than 70 cosmetics and fashion brands in the world. Names like Louis Vutton and Sephora might ring a bell here.

Mark Zuckerberg

This Harvard dropout needs no introduction. The founder and CEO of social network Facebook is worth more than USD71 billion. He owns about 17% of the shares in Facebook and has, together with his wife pledged nearly all his fortune to charity as well.

Armancio Ortega

This might not be a common name to most people as well but if you have heard of the Spanish brand Zara, then it might mean something to you. Ortega is one of the richest man in Europe with a net worth of about USD70 billion. He is the co-founder of Inditex in which he owns about 60% of the share that include brands like Massimo Dutti and Pull & Bear, besides Zara.

Carlos Sim

He was once the richest man in the world and is currently at the top spot in Mexico. His wealth comes mainly from his stakes in the biggest mobile telecom firm in Mexico while he is involved in consumer goods, mining, real estate and construction too. He is a 17% shareholder in The New York Times as well.

Charles and David Koch

Net worth of USD60 billion each, he is the CEO and chairman of Koch Industries. This is the second largest private company in the United States. Among the businesses that it is involved in include Dixie cups, Stainmaster carpets and pipelines.

Larry Ellison

Oracle is the name of his product and Ellison has been at the forefront of this company since it was formed. He co-founded the company back in the late 1970s and has been going on strong ever since. While he relinquished his CEO post in 2014, he is the chairman and CTO of the company. Once a speed-lover and wanting to buy a Russian jet fighter, Ellison has maintained its relevance by pushing into cloud computing after buying Netsuite for almost USD10billion. Ellison’s net worth is about USD58 billion and he has been a strong supporter of charity as well.

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