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Top 10 Richest People of 2016

 

 

 

 

 

 

 

List of Top 10 richest people of 2016 is below:

1.Bill Gates – Worth $75 Billion

Bill gates is the world’s richest man for 17 years and running. He is a renowned philanthropist and heads Bill & Melinda Gates Foundation, one of the biggest NGOs in the world.Even though he founded Microsoft he continues to sell his shares in the company every year. He currently owns just 2.5% of Microsoft’s shares right now which he founded back in 1975.

2. Amancio Ortega – Worth $67 Billion

The 2nd richest man in the world and the richest man in Europe (Spain), the founder of Inditex, the largest clothing retailer in the world. He entered the textile manufacturing business back in 1963 with his family and later went on to establish Zara (a clothing brand) with his wife.

 

3. Warren Buffett – Worth $60.8 Billion

He is the Chairman of the board and CEO of Berkshire Hathaway Conglomerate, he is also a philanthropist like Bill Gates.He annually “gifts” $2.9 billion in Berkshire Hathaway stocks to the Bill and Melinda Gates foundation. Despite being a billionaire he lives in a humble house in Omaha, Nebraska which he bought for $31,500 back in 1958.

4. Carlos Slim Helu – Worth $50 Billion

He is the richest man in Mexico and the 4th richest in the world.He owns America Movil, the biggest telecom company in Mexico. He also owns the largest stake in The New York Times with at 17%. He was the 2nd richest man in the world back in 2015 with a worth of $77.1 Billion.

 

5. Jeff Bezos – Worth $45.2 Billion

He is the  founder and CEO of the world’s biggest and most famous online store, Amazon.com.He originally started by selling books online and has expanded over time to sell almost everything you could think of. He is also the founder of an aerospace company, Blue Origin. At Blue Origin they’re developing a reusable space craft that can take people to space.He is also an avid Star Trek fan and starred as an alien in the 2016 film, Star Trek Beyond.

 

6. Mark Zuckerberg – Worth $44.6 Billion

He is the founder and CEO of the world’s biggest social networking platform Facebook.Since then the company’s stocks value has increased over 15% which resulted in Mark getting to 6th place in terms of wealth in the world.

7. Larry Ellison – $43.6 Billion

Founder and Owner of Oracle and currently the seventh richest man in the world.He used to be the third richest but he dropped in ranking back in 2007 when he was overtaken by Oracle’s competitors in tech.He started out by making databases for the Central Intelligence Agency of US. He founded Oracle in 1977 and made it a public entity in 1986, just a day before Microsoft became public.Even though he gave up the CEO role in the company in 2014, he is still Oracle’s chairman and chief technology officer.

 

8. Michael Bloomberg – $40 Billion

He is the owner of Bloomberg L.P., a privately held financial software, data and media company which mostly focuses on business news online, started with an entry level job in 1966 at a Wall Street investment bank called Salomon Brothers. He rose to head of equity trading and then head of information services until he was fired in 1981.He is also the ex-mayor of New York City and left his post in early 2015 to resume work at Bloomberg. His company made $9 Billion in revenues in 2014.

9th and 10th Charles Koch and David Koch – Worth $39.6 Billion

Koch brothers inherited the oil and gas refinery business from their father in 1967 when he died.Since then they expanded the firm into Koch Industries with one hundred billion dollars in sales volume. Koch Industries indulges in chemicals manufacturing, pipelines and commodities trading.The older brother Charles Koch inherited the company as the CEO initially.The brothers share control of the Koch Industries.

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