Who is the top 20 richest man in the world?

Top 20 Richest Men in the World

In 2018, a significant milestone was reached in the realm of wealth distribution: Jeff Bezos, founder of Amazon, became the first centibillionaire, topping the global wealth rankings. This achievement marked a profound shift in the landscape of extreme wealth.

1. Jeff Bezos

With a net worth estimated at $131 billion, Jeff Bezos remains the wealthiest man in the world. His fortune is largely attributed to his stake in Amazon, the e-commerce giant he founded in 1994. Bezos is known for his innovative vision and ambitious business strategies.

2. Bill Gates

Microsoft co-founder Bill Gates holds the second spot with a net worth of $96.5 billion. He revolutionized the personal computing industry with the development of Windows and other software products. Gates is also a noted philanthropist, having donated billions of dollars to various charitable causes.

3. Warren Buffett

Investment legend Warren Buffett ranks third with a net worth of $82.5 billion. Known as the “Oracle of Omaha,” Buffett has built his wealth through shrewd investment decisions and a value-oriented approach. He is the CEO and chairman of Berkshire Hathaway, a conglomerate that owns businesses in various industries.

4. Bernard Arnault

Bernard Arnault, CEO of luxury goods conglomerate LVMH (Moët Hennessy Louis Vuitton), has a net worth of $72 billion. He has expanded LVMH’s empire to include iconic brands such as Christian Dior, Fendi, and Givenchy.

5. Mark Zuckerberg

Facebook co-founder Mark Zuckerberg is worth $71 billion. He created the world’s largest social media platform, connecting billions of people around the globe. Zuckerberg is also known for his philanthropic initiatives, such as the Chan-Zuckerberg Initiative.

6. Amancio Ortega

Amancio Ortega, founder of fashion retailer Zara, is worth $67 billion. His company, Inditex, owns several clothing brands, including Massimo Dutti and Pull&Bear. Ortega is known for his humble beginnings and knack for spotting fashion trends.

7. Larry Page

Google co-founder Larry Page has a net worth of $65 billion. He played a pivotal role in developing the company’s search engine and other technology products. Page is known for his ambitious projects, such as self-driving cars and renewable energy initiatives.

8. Sergey Brin

Sergey Brin, the other Google co-founder, is worth $64 billion. He has made significant contributions to the development of Google’s algorithms and artificial intelligence systems. Brin is also an advocate for environmental sustainability and scientific research.

9. Carlos Slim Helú

Mexican telecommunications magnate Carlos Slim Helú has a net worth of $62.8 billion. He controls América Móvil, the largest telecommunications company in Latin America. Slim Helú is known for his extensive business interests, including mining, finance, and consumer goods.

10. Mukesh Ambani

Indian billionaire Mukesh Ambani is worth $60 billion. He is the chairman and largest shareholder of Reliance Industries, a conglomerate that operates in various sectors, including oil and gas, petrochemicals, and telecommunications.

Conclusion

The 2018 global wealth rankings highlighted the dominance of technology entrepreneurs and the growing wealth gap between the ultra-rich and the rest of the population. The ascent of Jeff Bezos to centibillionaire status marked a significant shift in the distribution of extreme wealth, a trend that is likely to continue in the years to come.