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The 24 Richest Billionaires Of 2018

We as humans, especially in this society are very aware of the things money can bring you. Money does not buy you love but it brings you security and stability. Money is a means of living, regardless of if you like it or not. Money is so hard to make and so easy to spend and I think a lot of people have dreamed what it would be like to be filthy rich.

For most people, we work to live, for others, they work to continue growing their fortune.

There are some people in this world that have not millions, but billions of dollars. These people come from all walks of life. From China to Mexico to computer nerds and heirs, billionaires are hard to come by.

I thought it would be cool to come up with a list of the 25 wealthiest billionaires on the planet and boy was I right.

Money may not bring you love or happiness but it sure as hell will get you everything else you want in life. From yachts to planes to cars and luxury homes, being a billionaire has its perks.

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24 Hui Ka Yan - 31 Billion

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Hui Ka Yan is one of Hong Kongs biggest real estate developers and is the founder of China Evergrande Group of Shenzhen. Evergrande is active in both residential and commercial property. Hui graduated from a college specializing in Steel and he worked as a technician in a steel factory for over ten years after his graduation in 1982.

Hui took Evergrande public in 2009 and the company has real estate projects in more than 200 cities across China. Hui also created publicly-listed Evergrande Health and partnered with Harvard-affiliated Brigham Hospital. Evergrande also owns the majority of winning soccer teams. (Source: Forbes)

23 Lee Shau-Kee - 31.5 Billion

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Lee Shau-Kee is a Chinese real estate tycoon and main owner of Henderson Land Development, which is a property conglomerate with interests in properties, restaurants, hotels and Internet services.

Lee is also very philanthropic. He is one of the main sponsors of the HKICC Lee Shau School of Creativity and has donated more than HK$20 Million through the Lee Shau Foundation.

Other than his public philanthropy, Lee has given his Henderson Land Staff cash gifts in celebration of the birth of his grandchildren.

In May 2018, he donated 100 Million HKD to Hang Seng Management College in support of their strategic development. (Source: Ejinsight)

22 Li Ka-Shing - 37.7 Billion

vulcanpost.com

Li Ka-shing is a Hong Kong business magnate, philanthropist, and investor. He is also one of the richest people in the world.

Ka-shing is one of is the senior advisor for CK Hutchison Holdings. After his retirement from his position as Chairman of the Board in May 2018, he became the worlds leading port investor, developer, and operator of the largest beauty and health retailer in both Europe and Asia.

Ka-shing has two sons who are ready to fill in the big shoes their dad has left for them. (Source: VulcanPost)

21 Steve Ballmer - 38.7 Billion

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Steve Ballmer is an American billionaire. He is a Detroit native that has three children and a lot of cash.

The businessman, investor, and philanthropist was the CEO of Microsoft from 2000 until 2014. Ballmer is also currently the owner of the Los Angeles Clippers.

Bill Gates hired Ballmer in 1980 after dropping out of Stanford University. In 1998 he became president and replaced Gates as CEO in 2000.

Ballmer is set for life and has enough money to help stabilize his loved ones for years to come. (Source: BusinessInsider)

20 Jack Ma- 39 Billion

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Ma Yun, known in the world of business as Jack Ma, is one of the most successful businessmen in the world. He is also a philanthropist and investor. The China native earned most of his success as co-founder and executive chairman of Alibaba Group.

Alibaba Group is a multinational technology conglomerate, which has had an immense amount of success and has pushed Ma into the billionaires club.

Ma is a global ambassador for Chinese business and is viewed as one of the most powerful people in the world. (Source: TheNational)

19 Mukesh Ambani- 40.1 Billion

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Mukesh Ambani is an Indian businessman who is known as chairman, managing director and major shareholder of Reliance Industries Limited.

Reliance Industries Limited is a Fortune Global 500 company and is classified as India’s most valuable company by market value. The company deals mainly in refining petrochemicals in oil and gas sectors.

As mentioned, Ambani is the major shareholder with 44.7% in the company, which explains why he is so rich.

Mukesh is married to Nita Ambani and together they have three children, two sons, and a daughter. The family lives in a private 27-story building in Mumbai which is estimated at 1 billion dollars.

18 Francoise Bettencourt Meyers - 42.2 Billion

Francoise Bettencourt Meyers is a 64-year-old French billionaire heiress. She is also an author of Bible commentaries and works on Jewish- Christian relations.

Francoise is the only daughter of Liliane Bettencourt, which under French law makes her the heiress of the super successful company L’Oreal. At the time of her mother's death in 2017, Liliane was the richest woman in the world.

Francoise Bettencourt Meyers has quite an interesting life. She married Jean-Pierre Meyers who was the grandson of a rabbi who was taken to at Auschwitz. Bettencourt Meyers decided after marriage to raise her children as Jewish. Their marriage caused quite a bit of controversy because her grandfather Eugene Schueller, who was the founder of L’Oreal was tried for collaborating with Nazi government.

17 Sheldon Adelson-43.4 Billion

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Sheldon Adelson is the founder, chairman, and CEO of Las Vegas Sands Corporation which owns the Marina Bay Sands in Singapore and is the parent company of Venetian Macao Limited which owns The Venetian Resort Hotel and Casino and the Sands Expos and Convention Center.

Adelson also owns the Israeli Daily Newspaper Israel Hayom and the American paper Las Vegas Review-Journal. Adelson is very involved in philanthropic developments and is the founder of The Adelson Foundation.

Adelson is a member of the Republican Party and is known for giving the inaugural committee five million dollars.

16 Ma Huateng - 45.3 Billion

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Ma Huateng also known as Pony Ma is a 46-year-old Chinese business magnate, philanthropist, engineer, investor, technology and internet entrepreneur.

Huateng is the founder, chairman and chief executive officer of Tencent, which is known as Asia’s most valuable company.

For those of you who do not know, Tencent is one of the largest internet and technology companies. It is also known as the biggest investment, gaming mobile instant messaging service. Tencent’s subsidiaries provide media, payment systems, smartphones, internet related services, entertainment and online advertising serviced both in China and Globally.

15 Alice Walton - 46 Billion

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Wal-Mart is without a doubt one of the most recognizable stores in the country. Alice Walton is the heiress to the Wal-Mart fortune. The daughter of founder Sam Walton, Alice is the richest woman in the world.

Walton loves art and actually purchased her first piece when she was about ten years old. The painting was a reproduction of Picasso’s Blue Nude which she purchased from her father’s Ben Franklin Dime-Store.

Walton began painting watercolors with her mother during camping trips and this passion of hers led her to spearhead the Walton Family Foundation’s involvement in the development of the Crystal Bridges Museum of American Art in Arkansas which opened in November of 2011.

14 Rob Walton- 46.2 Billion

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Rob Walton, born Samuel Rabson Walton is the eldest son of Helen and Sam Walton, founder of Wal-Mart. Everyone knows what Wal-Mart is but what some people do not realize is that it is the world’s largest retailer.

Walton was Chairman of the company from 1992 until 2015. His incredibly impressive net worth assures us that he has been enjoying his retirement in style.

Walton is a graduate from Colombia, with a degree in Law. After graduating, Walton became a member of the firm that represented Wal-Mart in Tulsa. He then left in 1978 to join the family business as Senior Vice President and the rest is history!

13 Jim Walton- 46. 4 Billion

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Jim Walton is the baby of the Walton clan. In September 2005, Walton replaced his brother John after his passing, on the Wal-Mart Board of Directors. Jim is part of the Strategic Planning and Finance committees.

Walton was CEO of Arvest Bank before becoming Chairman of Arvest, as well as Chairman of newspaper firm Community Publishers Inc. Community Publishers Inc is owned by Walton himself and was founded by his father after acquiring the local paper Benton County Daily Record which operate in Arkansas, Oklahoma, and Missouri.

Together, he and his siblings pledged approximately 2 billion dollars to the Walton Family Foundation.

12 Sergey Brin- 47.5 Billion

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Sergey Brin is a 44-year-old billionaire who was born in Russia. Brin, who now lives in California is a computer scientist and internet entrepreneur.

Brin co-founded Google with the help of Larry Page. Brin is the President of Google’s parent company Alphabet Inc.

Sergey Brin immigrated to America when he was six years old. He earned his bachelors degree from the University of Maryland, College Park and followed in his father (and grandfather’s) footsteps by studying mathematics and computer science. He then earned his Ph.D. in computer science at Stanford University where he met Page and their lives began to change forever.

11 Larry Page - 48.8 Billion

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Lawrence Edward Page, known to the world as Larry Page is best known around the globe as one of the co-founders of Google. Page is the CEO of Alphabet Inc, which is Google’s parent company.

Page, who is worth a pretty penny, is also an investor in Tesla Motors. He has invested in renewable energy technology and promotes hybrid plug-in electric cars as well as other alternative energy investments.

Page is very passionate about the socio-economic effects of advanced intelligent systems. He is also curious about the advanced digital technologies that can be used to shorten the workweek and to mitigate the potential detriments of technological unemployment.

10 Michael Bloomberg - 50 Billion

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Michael Bloomberg is an American businessman, author, politician, engineer, and philanthropist.

Bloomberg is the founder, owner, and CEO of Bloomberg L.P, which is a global financial service, software, and mass media company. It is notable for its Bloomberg Terminal, which is a computer software system that provides financial data used in the global financial service industry.

Bloomberg began his career at the securities brokerage Salomon Brothers before forming his own company in 1981. Bloomberg has joined The Giving Pledge whereby billionaires pledge to give away at least half of their wealth.

9 Larry Ellison - 58.5 Billion

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Larry Ellison is the co-founder, executive chairman and chief of technology officer at Oracle Corporation.

Ellison was born in New York City and grew up in Chicago. He studied at both the University of Illinois at Urbana- Champaign as well as the University of Chicago without graduating and in 1966 he moved to California.

He was working at Ampex in the early 70’s which led to the formation of what is now known as Oracle. Oracle became a successful database vendor to mid and low-range systems competing with Sybase and Microsoft SQL Server, which made him one of the richest men on the planet.

Ellison has donated up to 1% of his wealth to charity and has signed The Giving Pledge.

8 David Koch - 60 Billion

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David Koch is an American born billionaire. He joined his family business in 1970, Koch Industries, which is the second-largest privately held company in the United States.

He then became president of the subsidiary Koch Engineering in 1979 and became a co-owner of Koch Industries alongside his older brother Charles in 1983. Koch has served as an executive vice president until 2018 when he retired. Koch retired this month due to health issues and received the title of Director Emeritus.

Koch is a libertarian and was even a candidate for Vice President of The United States of America in 2980 from the United States Libertarian Party. He and his brother both donate to political advocacy groups and political campaigns, which are pretty much all Republican.

7 Charles Koch - 60 Billion

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Charles Koch is the co-owner, board chairman and chief executive officer of Koch Industries. His brother David, served as executive vice president of the company.

Charles and David Koch both own 42% of the conglomerate, which is insane. The brothers inherited the business from their father and then took it upon themselves to expand both their business and their fortune.

Originally, the company was involved exclusively in oil refining and chemicals but now, Koch industries now include process and pollution control technologies and equipment. As well as focusing on, fibers and polymers, minerals, fertilizers and commodity trading and services.

These businesses produce a variety of well-known brands like Stainmaster carpet, the Lycra spandex fiber brand, Quilted Northern tissues and Dixie Cup.

6 Carlos Slim - 67.1 Billion

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Carlos Slim is a Mexican business mogul, engineer, philanthropist, and investor. From 2010-2013 Slim was ranked the richest person in the world according to Forbes business magazine.

Slim derived his fortune from his large amounts of holdings in a number of Mexican companies through his conglomerate, Grupo Carso. Slim’s conglomerate includes education, healthcare, industrial manufacturing, high-technology, transportation, energy, media, real estate, entertainment, retail, sports and financial services.

Slim accounts for 40% of the listings on the Mexican Stock Exchange and his entire worth is equal to approximately 6% of Mexico’s gross domestic product.

5 Amancio Ortega - 70 Billion

Amancio Ortega is a Spanish billionaire. Ortega is the founder and former chairman of Inditex fashion group. Inditex is best known for its chain Zara, a clothing and accessory shop that can be found around the globe.

Ortega owns 59.29% of Inditex, which aside from Zara includes Massimo Dutti, Oysho, Kiddy’s Class, Zara Home, Tempe, Stradivarius, Pull and Bear, Bershka. Ortega has around 92,000 employees globally.

Ortega keeps a low profile and is known for his simple way of living. Until 1999, no photograph of Ortega had ever been published. Ortega also refuses to wear a tie which is kind of cool.

4 Bernard Arnault – 72 Billion

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Bernard Arnault is a French business magnate, art collector, and investor.

Arnault is the CEO and chairman of LVMH, which is the worlds largest luxury-goods company. The company was formed in 1987 under the merger of Loui Vuitton with Moet and Hennessy. This company controls around 60 subsidiaries, each of which manages a small number of very prestigious brands.

Christian Dior is the main holding company of LVMH, owning 40.9% of its shares and 59.01% of its voting rights. Arnault is the major shareholder of Dior and is CEO and chairman in both companies.

3 Warren Buffet - 84 Billion

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Warren Buffett is an American businessman, investor, and philanthropist. Buffet serves as the chairman and CEO of Berkshire Hathaway.

Buffett is considered one of the most successful investors in the world as well as one of the wealthiest humans on the planet. Buffett has been the chairman and the largest shareholder of Berkshire Hathaway since 1970. Buffet is noted for his adherence to value investing and for his personal frugality and awareness of money.

Buffett is a philanthropist as well as a businessman and has pledged to give away 99% of his fortune to philanthropic causes. In 2009 he, Bill Gates and Mark Zuckerberg founded The Giving Pledge. He is also very active in his contributions to political causes.

2 Bill Gates - 90 Billion

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Bill Gates is one of the most well-known names in the world. Gates is an investor, author, philanthropist, humanitarian and principal founder of Microsoft Corporation.

Throughout his career at Microsoft, Gates was chairman, chief of software architect and CEO, while being the largest individual shareholder until 2014. In 1975, Gates alongside Paul Allen launched Microsoft which became the largest PC software company in the world.

Gates led the company until January 2000 but he remained chairman and chief executive software architect. In 2006, he announced that he would be transitioning to part-time work to devote his time to the Bill & Melinda Gates Foundation, which they establish in 2000.

1 Jeff Bezos - 112 Billion

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Jeff Bezos is an American Technology entrepreneur, philanthropist, and investor. He is best known as the chairman, CEO, and founder of Amazon, which is the worlds largest online retailer in the world.

Bezos was born in Albuquerque New Mexico and was raised in Houston Texas. Bezos was always a bright kid and graduated from Princeton University in 1986 with degrees in computer science and electrical engineering.

Bezos began his career on Wall Street from 1986 to 1994. Then, in late 1994, he founded Amazon during a cross-country road trip from New York City to Seattle. Amazon began as an online bookstore and has since expanded to an array of products and services.

(Source: Forbes, VulcanPost, BusinessInsider, LATimes, AmazonNews, CBSNews)

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