What profession is pursued by the 10 richest people in the world?



What profession is pursued by the 10 richest people in the world?

1. Jeff Bezos: Jeff Bezos has a net worth of an astounding $131 billion. He is the founder and CEO of the e-commerce company Amazon (founded in 1994). He also owns The Washington Post and Blue Origin. Amazon made a net profit of $10 billion last year. His stake in Amazon is 16%.

 2. Bill Gates: Bill Gates has a net worth of $96.5 billion. He founded Microsoft with Paul Allen in 1975. He is also the Chair of Bill and Melinda Gates Foundation, the world's largest private charitable foundation. As of today, his stake in Microsoft is only 1%. He has donated $35.8 billion worth of Microsoft stock to the Gates Foundation.

3. Warren Buffett: Warren Buffett has a net worth of $82.5 billion. He is one of the most successful investors of all time. He runs the Berkshire Hathaway, which owns more than 60 companies, including Geico, Duracell, and Dairy Queen. He bought a stock at age 11 and filed taxes at the age of 13. He has said that 99% of his wealth will be transferred to Bill and Melinda Gates Foundation.

4. Bernard Arnault: Bernard Arnault has a net worth of $76 billion. Bernard is an Industrialist and has an empire of 70 brands including Louis Vuitton and Sephora. His luxury brand group LMVH, brought in a revenue of more than 50 billion dollars and a net profit of 7.2 billion dollars. He is the visionary behind the $135 million Frank Gehry-designed Foundation Louis Vuitton museum near Paris.

5. Carlos Slim Helu: Carlos Slim Helu has a net worth of $64 billion. Carlos Helu is Mexico's richest man and controls the biggest mobile telecom firm in Latin America, America Movil. In 1990, he bought a stake in Telemax, Mexico's only phone company. He has a 17% stake in one of the most prestigious newspapers, The New York Times. Furthermore, he owns stakes in real estate and consumer goods companies.

6. Amancio Ortega: Amancio Ortega has a net worth of $62.7 billion. He is one of the richest men in Europe and co-founded Inditex, known for its Zara Fashion Chain. His products sold so fast that he is also the wealthiest retailer in the world. He has a stake of 60% in Inditex, which has 8 brands under it. Ortega earns more than $400 million in dividends every year and has invested primarily into real estate in Madrid, Barcelona, London, Chicago, Miami, and New York.

7. Larry Ellison: Larry Ellison has a net worth of $62.5 billion. He co-founded the software firm Oracle in 1977 to tap into the growing need for customer relationship management databases. He still serves as the chairman on board and the chief technology officer. Ellison also purchased 3 million Tesla shares and is now on Tesla's board. Seeing the need for cloud computing, Oracle acquired the cloud software firm Netsuite for $9.3 billion in 2016.

8. Mark Zuckerberg: Mark Zuckerberg has a net worth of $62.3 billion. This man doesn't need an introduction. He is behind the magnanimous social media platform Facebook. He currently serves as the Chairman and CEO of the company. He started Facebook at the age of 19 while studying at Harvard University. He currently owns a 15% stake in the company. He has pledged to give away 99% of their Facebook stake over their lifetimes.

9. Michael Bloomberg: Michael Bloomberg has a net worth of $55.5 billion. He co-founded the financial information and media company Bloomberg LP in 1981. He owns 88% of the business, which has revenues of over $9 billion. He is an active philanthropist and has donated more than $5 billion to gun control, climate change and other causes. He plans to spend $500 million in 2020 to defeat Donald Trump.

10. Larry Page: Larry Page has a net worth of $50.8 billion. This pioneer sits on top of Alphabet, the parent company of Google, Calico, Nest and more. He co-founded Google in 1998. He is the one who invented Google's PageRank algorithm, which powers the search engine. Currently, Sundar Pichai serves as the CEO of Google. Larry Page's algorithm completely changed the way we use the internet today.


One thing, which is very common in these men is that they have a business mindset and are good at understanding what the people want. This entrepreneurial ability has helped them make the best investments and judgments in their life and eventually make huge net worths. 

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Please comment on any financial query you had like me to address. I will try to post something worthwhile. 

Coming up Next: What is the data collection bias in Valuation?

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