- Elon Musk
“CEO of SpaceX”
He is world’s No. 1 richest person. Musk launched his first company, Zip2 Corporation, in 1995 with his brother, Kimbal Musk. Zip2 was soon providing content for the new websites of both The New York Times and the Chicago Tribune. In 1999, a division Compaq Computer Corporation bought Zip2 for $307 million in cash and $34 million in stock options. In 1999, Elon and Kimbal Musk used the money from their sale of Zip2 to found X.com, an online financial services/ payments company, an X.com acquisition the following year led to the creation of PayPal as it is known today. Elon earned his first billion when PayPal was acquired by eBay for $1.5 billion in stock. Before the sale, Musk owned 11 percent of PayPal stock. Elon founded his third company, Space Exploration Technologies Corporation, or SpaceX, in 2002 with the intention of building spacecraft for commercial space travel. By 2008, SpaceX was well established, and NASA awarded the company the contract to handle cargo transport for the international Space station with plans for astronaut transport in the future in movie to replace NASA’s own space shuttle missions. Musk is the co- founder, CEO and product architect at Tesla Motors, a company formed in 2003 that is dedicated to producing affordable, mass market electric cars as well as battery product and solar roofs. In August 2013, Musk released a concept for a new form of transportation called the Hyperloop, an invention that would foster commuting between major cities while severely cutting travel time. Ideally resistant to weather and powered by renewable energy, the hyperloop would propel riders in pods through a network of low-pressure tubes at speeds reaching more than 700mph. Musk noted that the hyperloop could take from seven to 10 years to be built and ready for use.
“I operate on the physics approach to analysis. You boil
things down to the first principles or fundamental truths in
a particular area and then reason up from there.”
Total net worth: $185 billion
- Jeff Bezos
“CEO of Amazon”
Jeff Bezos is second wealthiest person in the world. Jeff Bezos founded e-commerce colossus Amazon in 1994. He runs it as CEO and owns an 11.1% stake. Between March and April 2020, amid the pandemic, Amazon said it hired 175,000 additional workers. In April 2020, Bezos said he would give $100 million to feed America, a nonprofit that operates food banks and food pantries across the country. Amazon has faced criticism from U.S. senators and the general public for its treatment of warehouse workers during the corona virus pandemic. He divorced his wife MacKenzie in 2019 after 25 years of marriage and transferred a quarter of his Amazon stake to her. In 2019, Amazon notched $280.5 billion in revenues and record $11.5 billion in net profit. Bezos owns The Washington Post and Blue Origin, an aerospace company that is developing rockets for commercial use. In November 2020, Jeff Bezos, McKenzie Scott’s former husband, announced grants totaling $791 million. Unlike Scott, he funded 16 organizations. Further, he allocated about three fourths of donations to five organizations: The Environmental Defense Fund, The Nature Conservancy, Natural Resources Defense council (NRDC), The world Resource Institute, and the World wildlife Fund – each getting $100 million.
“I didn’t think I’d regret trying and failing. And I suspected I
would always be haunted by a decision to not try at all.”
Total net worth: $184 billion
- Bill Gates
“American business magnate”
Microsoft Corp co- founder Bill Gates slipped to the third position in the current year. This is the second time in the history of the index that Gates is ranked lower than no.2. With his wife Melinda, Bill Gates chairs the bill & Melinda Gates Foundation, the world’s largest private charitable foundation. In may 2020, the Gates Foundation said it would spend $300 million to fight the coronavirus pandemic, funding treatment, detection and vaccines. Gates has sold or given away much of his stake in Microsoft he owns just over 1% of shares and invested in a mix of stocks and other assets. In Mid-March 2020, Gates stepped down as a board member of Microsoft, software firm he founded with Paul Allen in 1975. The foundation works to improve global health and to create equal opportunity for people around the globe.
“Money has no utility to me beyond a certain point. Its
utility is entirely in building an organization and getting
the resources out to the poorest in the world.”
Total net worth: $131 billion
- Bernard Arnault
“Chief Executive of LVMH”
Bernard is Fourth Billionaire in the world. In November 2019, LVMH struck a deal to buy American jeweler Tiffany & Co for $16.2 billion, believed to be the biggest luxury brand acquisition ever. One the world’s ultimate taste makers, Bernard Arnault overseas an empire of 70 brands including Louis Vuitton and Sephora. His father made a small fortune in construction; Arnault got his start by putting up $15 million from that business to buy Christian Dior in 1985.
“I see myself as an ambassador of French heritage and
French culture. What create is emblematic.
It’s linked to Versailles, to Marie Antoinette.”
Total net worth: $110 billion
- Mark Zuckerberg
“Chief Executive Officer of Facebook”
Fifth and youngest billionaire in the world is Mark Zuckerberg. Facebook, the social network Zuckerberg runs. Mark Zuckerberg become a go-to communications tool during the coronavirus pandemic lockdown. More than 1,000 advertisers joined boycott in June to protest Facebook’s lax policing of hate speech and misleading posts from politicians. Zuckerberg started Facebook at Harvard in 2004 at the age of 19 for students to match names with photos of classmates. He took Facebook public in May 2012 and still owns about 15% of the stock. In December 2015, Zuckerberg and his wife, Priscilla Chan, pledged to give away 99% of their Facebook stake over their lifetimes.
“We may not have the power to create the world we want immediately,
but we can all start working on the long term today.”
Total net worth: $105 billion
- Warren Buffett
“CEO of Berkshire Hathaway”
Known as the “Oracle of Omaha”, Warren Buffet is one of the most successful investors of all time. Buffett runs Berkshire Hathaway, which owns more than 60 companies, including insurer Geico, battery maker Duracell and restaurant chain Dairy Queen. The son of U.S. congressman, he first bought stock at age 11 and first filed taxes at age 13. He has promised to donate over 99% of his wealth. So far he has given more than $41 billion, mostly to the Gates foundation and his kid’s foundation. In 2010, he and Bill Gates launched the Giving Pledge, asking billionaires to commit to donating at least half of their wealth to charitable causes. He ranked for sixth richest person in the world in 2020.
“Rational people don’t risk what they have
and need for what they don’t have don’t need.”
Total net worth: $85.2 billion
- Larry Page
“American internet Entrepreneur”
Lawrence Edward Page is an American computer whiz and Internet entrepreneur. He is best known as one of the co-founders of google along with Sergey Brin. Larry Page stepped down as CEO of alphabet, the parent of google, in December 2019 but remains a board member and a controlling shareholder. He co-founded Google in 1998 with fellow Stanford Ph.D. student Sergey Brin. Page was CEO until 2001, when Eric Schmidt took over, and then from 2011 until 2015, when he become CEO of Google’s new parent company alphabet. He is a founding investor in space exploration company Planetary Resources and is also funding “flying car” startups Kitty Hawk and Opener. Lawrence Edward Page seventh richest person in the world in 2020.
You never lose a dream; it just incubates as a hobby.”
Total net worth: $81.4 billion
- Larry Ellison
“American business magnate”
Lawrence joseph Ellison is an American business magnate, investor, and philanthropist who is a co- founder, the executive chairman and chief technology officer of Oracle corporation. He is eighth richest person in the world in 2020. Larry Ellison is chairman, chief technology officer and co-founder of software giant oracle, of which he owns about 35.4%. He gave up the Oracle CEO role in 2014 after 37 years at the helm. Oracle has grown in part through steady acquisitions of software companies, the biggest of which was $9.3 billion for Netsuite in 2016. In 2016, Ellison pledged $200 million to the University of Southern California for a cancer treatment center. In 2012, Ellison spent $300 million to buy nearly all of Hawaiian island Lanai; so far, he has built a hydroponic farm and luxury spa there. Ellison joined Tesla’s board in December 2018, after purchasing 3 million Tesla shares earlier that year.
“when people start telling you that you are crazy, you just
might be on to the most important innovation on your life.”
Total net worth: $79.7 billion
- Steve Ballmer
Steven Anthony Ballmer is an American business man and investor who served as the chief executive officer of Microsoft from 2000 to 2014. He is the current owner of the los Angeles Clippers of the National Basketball association. He is now top nineth richest person in the world in 2020. Ballmer oversaw Microsoft at a difficult time, after the first dot-com crash and through efforts to catch Google in search and Apple in mobile phones. He was ramped up his philanthropy since 2014, putting over $2 million into a donor- advised fund, with a focus on lifting Americans out of poverty. In 2018, he invested $59 million in social solutions, which makes software for nonprofits and government agencies.
“Computer science is the operating system for all innovation.”
Total net worth: $79.1 billion
- Sergey Brin
“American computer scientist”
Sergey Brin stepped down as president of Alphabet, parent company of Google, in December 2019 but remains a controller shareholder and a board member. He co-founded Google Larry Page in 1998 after the two met at Stanford University while studying for advanced degrees in computer science. Brin was absent from public Alphabet events for much of 2019; he spent his time om Alphabet’s moonshot research lab X. brin is reportedly funding a high – tech airship project. Now Sergey Brin become top tenth richest person in the world after defeat the Indian businessman Mukesh Ambani.
“obviously everyone wants to be successful, but
I want to be looked back on as being very innovative,
very trusted and ethical and ultimately
making a big difference in the world.”
Total net worth: $78.8 billion