Jeff Bezos Is No Longer The Richest Person In The World After Amazon Stock Plunges
introduction:
Jeffrey Preston Bezos is an American businessman, investor, and philanthropist. He is the founder, CEO, and president of Amazon.com, Inc. Bezos was born in Albuquerque, New Mexico, and raised in Houston, Texas. He graduated from Princeton University in 1986 with degrees in electrical engineering and computer science.
As of market close on Friday, October 25, 2019, Jeff Bezos regained the rank of No. 1 richest in the world.
In 2018 Bezos became the richest man in the world and the first centibillionaire to appear on the The Forbes 400, with a net worth of $160 billion, ending Gates’ 24-year run as number one.
2. Bill gates William Henry Gates III is an American business magnate, investor, author, philanthropist, and humanitarian. He is best known as the principal founder of Microsoft Corporation.
Bill Gates Again World’s Second-Richest Person After One Day
Behind Arnault
Bill Gates is back to being the second-richest person in the world Wednesday, a day after ceding the spot to luxury goods kingpin Bernard Arnault. Arnault was No. 2 richest for just one day; his net worth fell from $107 billion Tuesday to $106 billion as of 4:30 p.m. ET Wednesday. Gates ended Wednesday at $106.8 billion, according toForbes’ Real Time Billionaire rankings.
Arnault’s net worth fell by $1 billion on Wednesday as shares of LVMH dropped 0.17% on the Euronext Paris exchange. About 90% of Arnault’s fortune lies in LVMH stock he and his family hold. Gates, meanwhile, has sold or given away much of his Microsoft stake; he only owns around 1% of the $1.1 trillion (market cap) software company he cofounded with Paul Allen. It’s a dynamic that Arnault recently called attention to while speaking with Forbes. While noting that Microsoft is “a beautiful company,” he highlighted how few shares Gates retains, saying, “Long-term, he won’t be there."
4. Bernard Arnault
Arnault is the chairman and chief executive of LVMH Moët Hennessy – Louis Vuitton SE, LVMH, the world's largest luxury-goods company. He is the richest person in Europe and the third-richest person in the world, with a net worth of $106.6 billion.
Arnault is growing richer at a faster rate than many other billionaires. Since the beginning of 2019, his fortune has risen by $28 billion, according to Bloomberg's Billionaires Index.
In March, the French billionaire overtook Warren Buffett in March to become the third-richest person in the world, Bloomberg reported. A few months later, he surpassed Bill Gates to become the world's second-richest person for a brief period before dropping back to third. And in October, Arnault made $5.1 billion within 48 hours after a surge in share prices of his conglomerate.
Michael Dell is an American businessman, investor, philanthropist, and author. He’s the Founder and CEO of Dell Technologies, which quickly became one of the world’s largest technology infrastructure companies.
MacKenzie Bezos is an American novelist and philanthropist. She was the wife of Jeff Bezos, founder of Amazon. After their divorce, MacKenzie received a 4% stake in Amazon, which was worth about $35 billion at the time.
As of 2019, MacKenzie Bezos’ net worth is estimated to be $34 billion.
Phil Knight is an American business magnate and philanthropist. Knight co-founded Nike Inc, and currently serves as chairman of the company. We’re all aware of who Nike are, even when we’re only shown the logo.
As of 2019, Phil Knight’s net worth is estimated to be $37.1 billion dollars, making him the 22nd richest man in the world.
Jack Ma is the founder of Alibaba, and although he’s been one of the richest people in Asia for several years, he’s only just made it onto the list of the richest people in the world this year.
Jack was rejected from multiple jobs, including KFC when it was first introduced to China. Today, Jack Ma’s net worth is estimated to be $37.1 billion, launching him to the 21st spot on this list.
“A leader should have higher grit and tenacity, and be able to endure what the employees can’t.” – Jack Ma
Ma Huateng is a Chinese business magnate, investor, philanthropist, engineer, internet and technology entrepreneur. He’s also the founder of Tencent, which is the most valuable company in Asia.
Huateng is another of the richest in Asia, who made it on this list in 2019, with an estimated net worth of $37.2 billion in 2019.
19. David Thomson
Net Worth: $37.3 Billion
David Thomson, 3rd Baron Thomson of Fleet, is a Canadian hereditary peer and media magnate.
Thomson became the chairman of Thomson Corporation after his father’s death in 2006, and also inherited his father’s British title, Baron Thomson of Fleet.
As of 2019, David Thomson’s net worth is roughly $37.3 billion.
Charles Koch is an American businessman and philanthropist.
Koch is the co-owner and CEO of Koch industries. 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 made this year’s list of the richest people, and with an impressive net worth of $42.2 billion!
Michael Bloomberg is an American entrepreneur and politician. Bloomberg is the founder and CEO of Bloomberg L.P, the financial data and media company. Bloomberg is now 74 years old and one of the richest people in the world.
Michael Bloomberg has added another $5 billion dollars to his net worth in the past 6 months, which has caused him to re-gain his previous position of 10th on this list. His net worth is now estimated at $49.4 billion.
Steve Ballmer is the current owner of the NBA’s Los Angeles Clippers, and he is also the former CEO of Microsoft. As of 2019, Steve Ballmer’s net worth is estimated at $51.3 billion.
Mukesh Ambani is an Indian business magnate, currently chairman, managing director and largest shareholder of Reliance Industries Limited (RIL).
Ambani has been the richest man in Asia for a while now, and this year, he made it onto the list of the richest worldwide! As of 2019, Mukesh Ambani’s net worth is $51.4 billion.
“Today I see a billion people as a billion potential consumers, an opportunity to generate value for them and to make a return for myself” – Mukesh Ambani
Rob Walton is the eldest son of Sam Walton, and served as the chairman for Walmart, after his father’s death, up until 2015.
Further more, he briefly surpassed his brother Jim recently on this list of the richest people in the world. However, he’s now fallen back to his original spot.
Jim Walton is the son of Sam Walton, who was the founder of the world’s largest retail chain, ‘Walmart’. He is on the Walmart board of directors, and CEO of his own company, Arvest Bank.
Sergey Brin and Larry Page co-founded Google back in 1998, in just a small simple garage. The duo have taken Google to the top, putting Sergey Brin a few places behind Page in this list of the richest people worldwide.
As of 2019, Sergey Brin’s net worth is roughly $54.2 billion.
Francoise Bettencourt Meyers became the reigning L’Oreal heiress when her mother, Liliane Bettencourt, passed away in 2017. She now runs the holding company as chairwoman, with her family owning 33% of L’Oreal.
Larry Page is the co-founder of Google, which was founded back in a garage in 1998.
Google, no doubt, has become the most successful search engine in the world, and the company has gone on to make various acquisitions such as YouTube. Google’s success has made Larry Page one of the richest people in the world.
Carlos Slim Helu is a Mexican businessman and investor; owner of the conglomerate ‘Grupo Carso’. The conglomerate’s portfolio consists of brands in many different industries, such as health care, media, energy, real estate and retail.
Carlos is 8th on this list of the richest people in the world, with a net worth of $57.6 billion. In recent months, Carlos Slim has lost almost $6 billion from his net worth, and dropped from 4th to 7th.
We all know Mark Zuckerberg as the founder of Facebook. Facebook has become the most popular and most valuable social media company in the world. And it all started in Mark’s dorm room at Harvard University.
Mark Zuckerberg has recently dropped off from the 3rd spot, after losing a lot of his net worth due to the Cambridge data scandal and various other issues causing the Facebook stock prices to fall.
Mark Zuckerberg is now the 7th richest man in the world, with an estimated net worth of $65.8 billion.
“When you give everyone a voice and give people power, the system usually ends up in a really good place. So, what we view our role as, is giving people that power.” – Mark Zuckerberg
6. Larry Ellison
Net Worth: $66 Billion
Larry Ellison is the co-founder of the Oracle Corporation, and he was also the company’s CEO until September 2014. Over the years, Oracle has become an incredibly successful tech company, now being 39 years old and employing over 136,000 people.
Larry Ellison is 6th on this list of the richest people in the world, with a net worth of $66 billion.
Amancio Ortega is a Spanish entrepreneur and founder of the Inditex fashion group. Inditex owns Zara, and Zara is one of the most popular clothing chains worldwide.
Ortega is now the 5th richest man in the world, after other players on the list have dropped down slightly. However, Ortega’s also lost over $11 billion from his net worth in recent months, and has steadily been regaining it.
Warren Buffett is an American entrepreneur and investor, and CEO of Berkshire Hathaway. Buffett is the most successful investor worldwide, and millions of other traders look up to him because of his success.
Warren Buffett is the 4th richest man in the world, with an incredible net worth of $81.9 billion. However, despite this fact, Buffett still lives in the home he purchased back when he didn’t even know what a billion dollars looked like.
What a humble guy!
“I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” – Warren Buffett
3. Bernard Arnault
Arnault is the chairman and chief executive of LVMH Moët Hennessy – Louis Vuitton SE, LVMH, the world's largest luxury-goods company. He is the richest person in Europe and the third-richest person in the world, with a net worth of $106.6 billion.
Arnault is growing richer at a faster rate than many other billionaires. Since the beginning of 2019, his fortune has risen by $28 billion, according to Bloomberg's Billionaires Index.
In March, the French billionaire overtook Warren Buffett in March to become the third-richest person in the world, Bloomberg reported. A few months later, he surpassed Bill Gates to become the world's second-richest person for a brief period before dropping back to third. And in October, Arnault made $5.1 billion within 48 hours after a surge in share prices of his conglomerate.
2. Bill gates William Henry Gates III is an American business magnate, investor, author, philanthropist, and humanitarian. He is best known as the principal founder of Microsoft Corporation.
Bill Gates Again World’s Second-Richest Person After One Day
Behind Arnault
Bill Gates is back to being the second-richest person in the world Wednesday, a day after ceding the spot to luxury goods kingpin Bernard Arnault. Arnault was No. 2 richest for just one day; his net worth fell from $107 billion Tuesday to $106 billion as of 4:30 p.m. ET Wednesday. Gates ended Wednesday at $106.8 billion, according toForbes’ Real Time Billionaire rankings.
Arnault’s net worth fell by $1 billion on Wednesday as shares of LVMH dropped 0.17% on the Euronext Paris exchange. About 90% of Arnault’s fortune lies in LVMH stock he and his family hold. Gates, meanwhile, has sold or given away much of his Microsoft stake; he only owns around 1% of the $1.1 trillion (market cap) software company he cofounded with Paul Allen. It’s a dynamic that Arnault recently called attention to while speaking with Forbes. While noting that Microsoft is “a beautiful company,” he highlighted how few shares Gates retains, saying, “Long-term, he won’t be there."
1. jeff bezos
Jeff Bezos Is No Longer The Richest Person In The World After Amazon Stock Plunges
introduction:
Jeffrey Preston Bezos is an American businessman, investor, and philanthropist. He is the founder, CEO, and president of Amazon.com, Inc. Bezos was born in Albuquerque, New Mexico, and raised in Houston, Texas. He graduated from Princeton University in 1986 with degrees in electrical engineering and computer science.
As of market close on Friday, October 25, 2019, Jeff Bezos regained the rank of No. 1 richest in the world.
In 2018 Bezos became the richest man in the world and the first centibillionaire to appear on the The Forbes 400, with a net worth of $160 billion, ending Gates’ 24-year run as number one.
introduction:
No comments:
Post a Comment