Top 10 Richest People In The World and Their Worth 2018 | The Forbes Billionaires List
MontelentJuly 29, 2018
Table of Contents
Capitalism’s global conquest continues as entrepreneurs around the globe mint fortunes in everything from cryptocurrencies to telecom to bridal dresses Forbes has pinned down a record 2,208 billionaires from 72 countries and territories including the first ever from Hungary and Zimbabwe This elite group is worth $9.1 trillion up 18 since last year. Their average net worth is a record $4.1 billion Americans lead the way with a record 585 billionaires, followed by mainland China with 373. Centi-billionaire Jeff Bezos secures the Iist’s top spot for the first time, becoming the only person to appear in the Forbes ranks with a 12-figure fortune Bezos’s fortune leapt more than 39 billion the list’s biggest one— year gain ever He moves ahead of Bill Gates who is now number 2 It is the biggest gap between no 1 and 2 since 2001 Bernard Arnault with a fortune of 72 billion reclaims the title of richest European for the first time since 2012 There are 259 newcomers including the first ever cryptocurrency billionaires two Canadians whose toy company is behind Hatchimals and PAW Patrol two Americans who founded online retailer Wayfair and a 35-year-old heiress who runs In-N- Out Burger Even in such a strong year 121 dropped out due to falling fortunes or political headwinds, including all 10 Saudi Arabians.
These are The List:
1. Jeff Bezos
$112 Billion
Amazon‘s chief Jeff Bezos is the first person to top $100 billion as number one on the Forbes list of the World‘s Billionaires
He owns 16 of e— commerce colossus Amazon which he founded in a garage in Seattle in 1994.
Bezos attended Princeton and worked at a hedge fund before quitting to sell books online.
His other passion is space travel His aerospace company Blue Origin is developing a reusable rocket that Bezos says will carry passengers.
Bezos purchased The Washington Post in 2013 for 250 million.
2. Bill Gates
$90 Billion
With his wife Melinda Bill Gates chairs the Bill Melinda Gates Foundation, the world‘s largest private charitable foundation.
The foundation works to save lives and imfrove global health an is working with Rotary International to eliminate polio.
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.
He remains a board member of Microsoft the software firm he founded with Paul Allen in 1975.
In late 2016 Gates announced the launch of a $1 billion Breakthrough Energy investment fund with about 20 other People.
3. Warren Buffett
$84 Billion
Known as the Oracle of Omaha Warren Buffett is one of the most successful investors of all time.
He runs Berkshire Hathaway which owns more than 60 companies, including insurer Geico battery maker Duracell and restaurant chain Dairy Queen.
The son ofa U.S. congressman he first bought stock at age 11 and first filed taxes at age 13.
He has committed to giving more than 99 of his fortune to charity So far he has given nearly 32 billion.
With friend Bill Gates he launched The Giving Pledge in 2010 asking billionaires to donate half their wealth to charitable causes.
4. Bernard Arnault & Family
$72 Billion
One of the world’s ultimate taste—makers, Bernard Arnault oversees an empire of 70 brands including Louis Vuitton and Sephora.
Record results at LVMH and a megadeal to buy out nearly all of Christian Dior helped boost Arnault‘s fortune by 30.5 billion in one year.
Arts patron is the Visionary behind the 135 million Frank Gehry-designed Foundation Louis Vuitton museum in Paris‘ Bois de Boulogne opened in 2014.