LIST OF TOP 10 RICHEST PEOPLE IN THE WORLD 2017
who is the richest man in the world
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WINNERS ARE MADE, NOT BORN!
The 2017 Wealthiest Person In The World |
1. #Bill Gates - $86.7 B
William Henry "Bill" Gates III born October 28, 1955 is an American business magnate, investor, author, and philanthropist. In 1975, Gates and Paul Allen co-founded Microsoft, which became the world's largest PC software company.Bill Gates is the richest person in the world for 18 out of the past 23 years, Gates stepped down as Microsoft chairman in 2014 but remains a technology advisor and board member of the company he co-founded in 1975.
Bill Gates keeps pushing to save lives in the developing world through efforts to eliminate polio, attack malaria and expand childhood vaccinations. The Bill & Melinda Gates Foundation is also working to improve K-12 education in the U.S. Gates sells his Microsoft shares on a regular basis and now owns 2.3% of the company, which in turn accounts for 13% of his fortune. He also has investments in Canadian National Railway, tractor maker Deere & Co. and car dealer AutoNation.
Bill Gates didn’t let his kids use cell phones until they turned 14
While most young kids and teenagers spend hours upon hours glued to tablets and smartphones, Bill Gates’ children had a markedly different experience growing up. During a recent interview with the Mirror, the former Microsoft CEO said that when his children were growing up, he limited their exposure to the addicting glow of digital screens.“We don’t have cellphones at the table when we are having a meal, we didn’t give our kids cellphones until they were 14 and they complained other kids got them earlier.”; “We often set a time after which there is no screen time and in their case that helps them get to sleep at a reasonable hour,” He said at the interview.
Bill Gates’ no-nonsense approach should not be a surprise. He is famous for it. There may be £87 billion to his name but there’s nothing excessive or showy about the man in the flesh. “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.” said Gates.
2. #Warren Buffet - $78.7 B
Warren Edward Buffett born August 30, 1930 is an American business magnate, investor, and philanthropist. He is considered by some to be one of the most successful investors in the world and as of March 2017 is the second wealthiest person in the United States with a total net worth of $78.7 billion.- Known as the "Oracle of Omaha," Buffett is one of the most successful investors of all time.
- His Berkshire Hathaway owns more than 60 companies, including Geico, Duracell and Dairy Queen.
- The son of a 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 $28.5 billion.
- With friend Bill Gates, he launched The Giving Pledge, asking billionaires to donate their wealth.
3. #Amancio Ortega - $77.5 B
Amancio Ortega Gaona born 12 March 1936 is a Spanish business tycoon. He is the founder and former chairman of Inditex fashion group, best known for its chain of Zara clothing and accessories retail shops. According to Forbes Magazine, he is currently the richest person in Europe.- Ortega is the richest man in Europe and the wealthiest retailer in the world.
- A pioneer in fast fashion, he co-founded Zara parent Inditex with his ex-wife Rosalia Mera (d. 2013) in 1975.
- Ortega typically earns more than $400 million in dividends a year, and has plowed that money into an ever-expanding real estate portfolio, which includes buildings in Madrid, Barcelona, London, Chicago, Miami and New York.
4. #Jeff Bezos - $76.8 B
Jeff Bezos born January 12, 1964 is an American engineer, technology and retail entrepreneur, investor and philanthropist who is best known as the founder, chairman, and chief executive officer of Amazon.com, which is the world's largest online shopping retailer. The company began as an Internet merchant of books and expanded to a wide variety of products and services, most recently video streaming and audio streaming.Amazon's chief Jeff Bezos has soared to nearly the top of Forbes' billionaires ranks as his online retailer's stock has climbed, in part due to its booming cloud-computing unit, Amazon Web Services. He owns nearly 17% of Amazon. com. Bezos boasted at the 2016 shareholders meeting that Amazon is the fastest company ever to reach $100 billion in annual sales, which it cleared in 2015. Raised by his mom and stepdad, a Cuban immigrant who adopted him, he quit a lucrative New York hedge fund job in 1994 with the simple idea to sell books online. Now Amazon sells nearly everything a consumer might want.
5. #Carlos Slim Helu & Family - $61.5 B
Carlos Slim HelĂș born January 28, 1940 is a Mexican business magnate, investor, and philanthropist. From 2010 to 2013, Slim was ranked as the richest person in the world.. He derived his fortune from his extensive holdings in a considerable number of Mexican companies through his conglomerate, Grupo Carso.His conglomerate includes education, health care, industrial manufacturing, transportation, real estate, media, energy, hospitality, entertainment, high-technology, retail, sports, and financial services. He accounts for 40% of the listings on the Mexican Stock Exchange, while his net worth is equivalent to about 6 percent of Mexico’s gross domestic product.
- Mexico's richest man, Carlos Slim and his family control America Movil, Latin America's biggest mobile telecom firm.
- With foreign telecom partners, Slim bought a stake in Telmex, Mexico's only phone company, in 1990.
- He also owns stakes in Mexican construction, consumer goods, mining and real estate companies and 17% of The New York Times.
- His son-in-law Fernando Romero designed the Soumaya Museum in Mexico City, home to Slim's extensive, eclectic art collection.
6. #Mark Zuckerberg - $58.9 B
Mark Elliot Zuckerberg born May 14, 1984 is an American computer programmer and Internet entrepreneur. He is the chairman, chief executive officer, and co-founder of Facebook. His net worth is estimated to be $58.9 billion as of March 2017, ranking him the fifth richest person in the world.- The Facebook CEO has seen his net worth soar as the social network's stock price has skyrocketed.
- A Harvard dropout, he founded Facebook in 2004 at the age of 19.
- Zuckerberg and his wife, Priscilla Chan, have pledged to give away 99% of their Facebook stake over their lifetimes.
7. #Larry Ellison - $54.5 B
Lawrence Joseph "Larry" Ellison born August 17, 1944 is an American businessman, entrepreneur, and philanthropist who is co-founder of Oracle Corporation and was CEO from its founding until September 2014. He is the executive chairman and chief technology officer of Oracle.- Ellison co-founded software firm Oracle in 1977 to tap into the growing need for customer relationship management databases.
- While he gave up the CEO role in 2014, Ellison is still involved at Oracle as chairman and chief technology officer.
- Ellison never finished college. He started out building databases for the CIA.
8. #Charles Koch - $48.3 B
Charles de Ganahl Koch born November 1, 1935 is an American businessman, political donor and philanthropist. He is co-owner, chairman of the board, and chief executive officer of Koch Industries, while his brother David Koch serves as Executive Vice President. Charles and David each own 42% of the conglomerate. The brothers inherited the business from their father, Fred C. Koch, then expanded the business. Originally involved exclusively in oil refining and chemicals, Koch Industries now includes process and pollution control equipment and technologies; polymers and fibers; minerals; fertilizers; commodity trading and services; forest and consumer products; and ranching.- Koch has been chairman and CEO of Koch Industries, America's second largest private company, since 1967.
- Conglomerate has $100 billion in sales from pipelines, chemicals, Dixie cups, Brawny paper towels and Stainmaster carpets.
- Dad Fred Koch started the business in 1940 and improved a method of refining heavy oil into gasoline.
- Kansas native splits majority stake of the firm with brother David; they bought out their siblings' shares in 1983.
9. #David Koch - $48.3 B
David Hamilton Koch born May 3, 1940 is an American businessman, philanthropist, political activist, and chemical engineer. He joined the family business Koch Industries, a conglomerate that is the second-largest privately held company in the United States, in 1970. He became president of the subsidiary Koch Engineering in 1979, and became a co-owner of Koch Industries, with older brother Charles, in 1983. He is now an executive vice president.- Koch shares a majority stake in Koch Industries, U.S's second largest private firm, with his brother Charles.
- The Kansas native now lives in New York City, and oversees Koch's chemical technology group.
- A well-known philanthropist, he is a big donor to Lincoln Center and Memorial-Sloan Kettering Cancer Center.
10. #Michael Bloomberg - $47.5 B
Michael Rubens "Mike" Bloomberg born February 14, 1942 is an American businessman, author, politician, and philanthropist. His net worth is estimated at $47.5 billion, as of March 2017, ranking him as the 8th richest person in the United States and the 10th richest person in the world.- Bloomberg co-founded financial information and media company Bloomberg LP in 1981.
- His 88% stake is estimated to be worth $45 billion.
- He has donated more than $4 billion to gun control, climate change and other causes.
- He got his start on Wall Street in 1966 with an entry level job at investment bank Salomon Brothers. They fired him 15 years later.
2017 Billionaires of the world |
Youngest billionaires in the world
THE 2017 RICHEST MAN IN AFRICA
Aliko Dangote - $12.3 B
Dangote is ranked by Forbes magazine as the 67th richest person in the world and the richest in Africa.The Richest Man In Africa 2017 |
Dangote received his Bachelor's degree from Al-Azhar University in Egypt. Started his career working for his uncle, Abdulkadir Sasuni Dantata, from whom he borrowed money to start a commodities trading, cement and building materials import business in Kano, Nigeria in 1977. Gradually expanded the business and relocated to Lagos, Nigeria where he began importing cars and cement needed for Nigeria's economic expansion. In 1981, he formed a corporation which later became Dangote Group, an international business conglomerate .
- Dangote, Africa's richest man, founded and chairs Dangote Cement, the continent's largest cement producer.
- He owns about 90% of publicly-traded Dangote Cement through a holding company.
- Dangote Cement produces 44 million metric tons annually and plan to increase its output 33% by 2020.
- Dangote also owns stakes in publicly-traded salt, sugar and flour manufacturing companies.
THE 2017 RICHEST MAN IN TANZANIA
Mohammed Dewji - $1.39 B
The Richest Man In Tanzania 2017 |
Tanzania's only billionaire, Dewji operates in at least six African countries and has ambitions to expand to several more. His net worth rose due to an increase in sales in 2015. Dewji retired from Tanzania's parliament in early 2015 after completing his two terms. His Mo Dewji Foundation provides scholarships for poor Tanzanian children. He signed the Giving Pledge in 2016, promising to donate at least half his fortune to philanthropic causes.