Having enough money is all relative to what it is in this lifetime you want to achieve. Do I have enough money to go and buy a private jet? No. Do I have the money to upsize my fries at McDonald’s? Well, I can’t guarantee anything, but I sure as heck hope so!
When it comes to looking at the richest people in the world, there is absolutely nothing that is out of their realm of possibility. Forget upsizing their fries, they have the ability to buy themselves their own McDonald’s franchise! Want a little spoiler in regards to just how wealthy these people are? Number TEN on this list is worth $37.5 BILLION. If that doesn’t indicate just how incredibly wealthy some of these other individuals are, I don’t know what will.
Money may not be able to buy happiness, but it is the reward for all the hard work that these 10 people put into their craft. Whether you use their product or not, there is no doubting that they have all had a significant impact on our world. Unfortunately, as you’ll find with #2, sometimes the impact they have on the world (and the children they abuse for labor) doesn’t generate the cleanest money in the world either.
As you may expect, the industries that helped make these people into the richest of the rich vary; and that too is talked about below. Overall, you’ll get a comprehensive look on the 10 richest people in the world right now, and just where their money came from. Just try not to be too jealous!
10. Larry Page (Net Worth – $37.5 billion)
Here’s another little spoiler alert, if you co-found a company like Google, you’re probably going to be worth a solid chunk of change. Page‘s net worth has also been inflated by his role as CEO of Google’s Parent Company, Alphabet Inc.
Page has also had several stints as being CEO of Google. He is also credited with creating PageRank, the algorithm that Google uses for searching (which is only kind of important).
In October 2015, Page was also voted as number one in Forbes’ series on “America’s Most Popular Chief Executives”, which is voted on by the company’s employees. Kudos to Page for being so well liked, while also creating one of the most valuable tools in society.
9. David Koch ($42.9 billion) and Charles Koch ($42.9 billion)
Both of the Koch brothers take home a pretty nice pay check as a result of their role at Koch Industries. David is the Executive VP and Charles is the Chairman and CEO. The company works with the manufacturing, refining and distribution of chemicals, fiber, petroleum, minerals, fertilizers, pulp and paper, and that’s just the tip of the iceberg.
The company is privately owned, and has an annual revenue of $115 billion; so you can understand how the Koch brothers can pay themselves a nice salary.
There are two other brothers who had a stake in the company, Frederick and Bill, who were bought out by David and Charles for $1.1 billion in 1983.
Both brothers currently own 42% of the company.
8. Michael Bloomberg (Net Worth – $43.1 billion)
If you’re the Mayor of New York, you definitely have a bit of coin, but I don’t know many people who realize just how much money Michael Bloomberg is worth. A large portion of his wealth comes from the fact that he was the founder, CEO and owner of Bloomberg L.P. which is a financial software, data and media company that has an annual revenue of $9 billion. Bloomberg started his company in 1981, and served as the CEO for over twenty years. While there were rumors in the past of him running for oval office, that does not seem to be a current ambition for Bloomberg.
To his credit though, Bloomberg was elected for three terms in New York, serving in office from 2002 until 2013. I guess people assumed he would be good with money!
7. Mark Zuckerberg (Net Worth – $48.4 billion)
Have you heard of this company called Facebook? It’s really no big deal. Facebook only became the most dominant social media platform in the history of forever, and in the process earned creator Mark Zuckerberg plenty of security, at least where his bank account is concerned.
Zuckerberg was always creative, stating that as a child, kids would come over and draw things and he would try and build games out of them.
The company has billions of users, helping keep a nice steady stream of income for Zuckerberg. It was announced in 2012 that Zuckerberg was planning on donating a large percentage of his wealth to helping advance human potential and promote equality in the world.
Now that’s a cause that we can ‘like’!
6. Larry Ellison (Net Worth – $49.4 billion)
I’ll be honest, I read what Oracle Corporation does a few times and I still can’t quite wrap my head around it.
But rest assured, it is a multinational technology corporation that has an annual revenue of roughly $38 billion. The company works at “developing and marketing database software and technology, cloud engineered systems and enterprise software products—particularly its own brands of database management systems”…so I mean, that sounds like it could get expensive if you had to use their products.
The point is though, when you found a company, as Larry Ellison did, that ends up being worth billions, you’re going to be doing just fine for yourself. The company also has roughly 135,070 employees, so here’s hoping they have a good understanding of what their job is!
5. Jeff Bezos (Net Worth – $52.9 billion)
You may still be trying to figure out what Oracle does, but there is no doubt that you should know what Jeff Bezos helped bring into the world. Bezos is the founder and CEO of amazon.com, one of the biggest online stores out there, and as a result, he is also accredited for playing a significant role in the increase of e-commerce.
Bezos also bought The Washington Post newspaper in 2013, which probably doesn’t hurt the bankroll! Amazon’s stock saw a rise in January, as the trend of online ordering and online shopping continues to grow in society; and with it, so does Bezos’ income.
4. Carlos Slim Helu (Net Worth – $59.4 billion)
Carlos Slim is well deserving of his title as the “Warren Buffet Of Mexico”. With a net worth of close to $60 billion, there is clearly not just going to be one single area of income, but a majority of it comes from the fact that Slim is the “chairman and chief executive of telecommunications companies Telmex and América Móvil, Latin America’s largest mobile-phone carrier” and was responsible for $49 billion of his wealth by 2010.
Slim also runs a conglomerate, Grupo Carso, which dabbles in several industries including telecommunications, education, health care, airlines, real estate, hospitality, entertainment, and technology.
3. Warren Buffett (Net Worth – $66.6 billion)
Warren Buffett is one of the richest men in the world, but he didn’t get that way without being smart. Buffett has made several successful investments, but none pays off more than his role as Chairman, CEO and Largest Shareholder of Berkshire Hathaway.
Haven’t heard of Berkshire? They’re a multinational corporation that owns Dairy Queen, Fruit Of The Loom and GEICO; as well as having percentages in other prominent companies like American Express, and The Coca-Cola Company. As a result of all of their properties, Berkshire takes in an average revenue of $210.82 billion and has roughly 331,000 employees.
While it was back in 2007, Berkshire was named as the most respected company in the world by Barron’s Magazine.
2. Amancio Ortega (Net Worth – $71.6 billion)
You may not recognize the name Amancio, but we bet you know the clothing brand Zara. Amancio’s company Inditex Fashion Group produces the popular chain. This, combined with other investments, helps make Amancio the second richest person in the world.
As well as Zara, Inditex operates with Pull and Bear, Massimo Dutti, Dershka Oysho, Stradivarius, Tempe and Uterqüe.
Despite the company being worth €20.900 billion, it has come under attack in the past due to having most of its manufacturing done in countries with low labor costs, such as Bangladesh, India and Morocco.
Ortega is a man that values his privacy, and despite Zara opening in 1975, no photos had been published of him until 1999. On top of this, Ortega has only ever granted interview to three different individuals. I suppose when you have billions of dollars, you can also by yourself some privacy if that’s what you truly want!
1. Bill Gates (Net Worth – $85.4 billion)
Wait, hold on, Bill Gates has money? He may be the least surprising entry on this list, but you can’t argue with facts, and fact of the matter is, Bill Gates is the richest person in the world. Gates built up his fortune through co-founding Microsoft, which is a company that you also may have heard of. As the largest shareholder of the company until 2014, Gates had no shortage of income, which he’s used to help the world in immeasurable ways.
The Bill and Melinda Gates Foundation was launched in 2000, and is the largest transparently operated private foundation in the world. The foundation has done wonders in enhancing health care and reducing extreme poverty in areas of need.
The company has three trustees: Bill Gates, Melinda Gates and Warren Buffett. I suppose you can probably trust that last guy! Gates may be worth almost $85 billion, but that number would be past $100 billion had he not given away so much of his income to help others.