Many rich people in the world like Bill Gates, famous for Microsoft, which has become world’s largest PC Software Company; Mark Zuckerberg, who launched Facebook on February 2004, Charles and David Koch (the Koch brothers), owner of the second largest privately run business in America Koch Industries; have an astounding amount of wealth in comparison to the gross national product of Third World Countries.
They all made their own efforts to change their destiny into the world of dollars. There are more than 2,000 billionaires in the world and that number is only expected to grow.
Today, many billionaires have decided to donate at least half percentage of their income to charity. Here we will discuss some richest people of the world in 2020
Recently Amazon CEO has exceeded Bill Gates in July to become world’s richest man, as Amazon shares jumped at 13 percent (%), to close at $1,100,95. This had become a record-breaking Amazon Prime Day. Almost every richest person in the world may have seen many ups and downs in life and as they had passed through all that ups and downs, they had reached this place today. Winston Churchill says “Success is not last, failure is not fatal, and it is the courage to continue that counts”, which means courage is the only driving force that can help you pass through any struggle period of life.
Almost every richest person in the world may have seen many ups and downs in life and as they had passed through all that ups and downs, they had reached this place today. Winston Churchill says “Success is not last, failure is not fatal, and it is the courage to continue that counts”, which means courage is the only driving force that can help you pass through any struggle period of life.
Name of some more richest people in the world are as below:
o Amancio Ortega : Net Worth. $78.8B
81 years old Spanish self-made billionaire and richest man in the Europe, Amancio Ortega is best known for fashion groups which include Zara Fashion Clothes. He has stayed out of the public eye. Moreover, none ohis photo was ever published.
o Warren Buffett : Net Worth. $90.4B
He was an iconic figure. At the age of 11 he first bought his stock, and at the age of 13, he filled his first tax. He is also known for his cheap spending habits.
o Carlos Slim Helu : Net Worth. $66.4B.
He is the richest person in Mexico, and owns more than 200 companies. Before Slim was born, his father had several successful retail and Real Estate businesses.
o Larry Ellison : Net Worth. $68.4B.
He is 72-year-old and the founder, chairmen and former CEO of software company Oracle. He founded the company in 1977. He had moved from Chicago to California after dropping out his college. Unlike Warren Buffett, he has spent well on luxurious ways as well.
o Bernard Arnault : Net Worth. $117B
He is 68 years old and has taken the responsibility of many world’s fashion brands like Louis Vuitton, Sephora and Dom Perignon. He is the chairmen of largest luxury Goods Company in the world.
Richest Women In The World:
Many women have also been counted in the percentage of World’s wealthiest person. They are self-made women, who have showed extraordinary performances in their fields. Here are some women which has achieved the name of billionaire and millionaire of the world
o Alice Walton :
she sets herself at the 17th place on Forbes list of the World’s billionaires.
o Jacqueline Mars :
She is 77 years old and sets herself at 26th place on Forbes list of the World’s billionaires. She is a true philanthropist and had worked for her family for 20 years.
o Maria Franca Fissolo :
she is the first European woman on the Forbes list. Her son, Giovanni, runs the company which makes Nutella, Kinder and Tic – Tacs.
o Susanne Klatten :
She is 55 years old German who is 2nd in the list of Forbes. She is the owner of cars and pharmaceuticals industries. She also inherited 50 percent (%) of chemical company and her brother also owned 50 percent (%) of BMW.
o Lauren Powell Jobs :
53-year-old woman Lauren Powell Jobs got the 40th place in the World. She is a window of Apple co-founder Steve Jobs. She also helped disadvantaged students to get into further education by co-founding the college track. She also owns 4 percent (%) of Disney.
o Lady Charlotte Wellesley:
she has graduated from Oxford with a degree in archaeology and anthropology.
Some Newcomer Billionaire of 2020:
The most common paths that have changed the destiny of person to a billionaire are Real Estate , Finance, and Technology. There are more other ways like launching airlines. Seventy six (76) new comer Billionaire is from China. One of them was Lucy Peng, co-founder of ecommerce giant Alibaba Group. She has also estimated 2 percent (%) of a stake in the company’s financial service arm. More than 60 percent (%) of newcomer Billionaire came from Asia or the Pacific. Many of their parents brought them to a refugee camp when they were an infant. Their life was fully
covered with the path of tequila; they had to suffer a lot. They came from a situation where they even didn’t get the proper meal to eat and now they have become the billionaires of the world. According to Wiston Churchill “Success consist of going from failure to failure without loss of enthusiasm”.
Twenty four of the newcomers were women who also came from the mainland China. The richest of the newcomer women were three American sisters who inherited stake from a New York real estate firm from their father. At the age of 26 and 28, the youngest newcomers were Irish brothers John and Patrick Collison, residents of San Francisco, California, who have changed the way the world pays for goods and services. Collison, an MIT graduate, launched a stripe with his brother John in 2010. Also a 34-year-old Kevin Systrom who too shared the same residence of San Francisco, California, launched a mobile app ‘Instagram’ in 2010. Facebook agreed to buy Instagram for $1 billion 2012. Systrom owned 40 percent (%) of shares in that. There are some more Billionaire mentioned below:
o Juan Francisco Beckmann Vidal and family :
The net worth of Juan Francisco Beckmann Vidal and family is $5.2 billion. He is a citizen of Mexico and had started his source of wealth from Tequila.
o Thai Lee :
Thai Le is a citizen of United States. Her net worth is $1.6 billion and started his source of wealth from IT provider.
o Sergei Gordeev :
Sergei Gordeev is a citizen of Russia and had a net worth of $1.5 billion. As most of Billionaire, he had also started his source of wealth from Real Estate.
o Manny Stul :
Manny is a citizen of Australia and carries net worth of $1.4 billion. He had started his source of wealth from toys.
o Vijay Shekhar Sharma:
Vijay Shekhar Sharma is from India and carries net worth of $1.3 billion. He had started his source of wealth from financial technology.
o Nguyen Thi Phuong Thao :
Nguyen Thi Phuong Thao is from Veitnam and carries net worth of $1.2 billion. He had also started his source of wealth from Airlines.
o Yoshiko Shinohara:
The citizenship of Yoshiko Shinohara is Japan. She is
a lady billionaire having a net worth of $1.1 billion and started his source of wealth from staffing.
o Torstein Hagen :
He is the citizen of Norway. He carries the net worth of $1 billion and had started his source of wealth from cruises.
Billionaires under the age of 40:
The number of billionaires under the age of 40 has been recorded in last year’s Billionaires list. Twenty three (23) billionaires under the age of 40 made their fortune or luck in tech, more than any other industries. At the age of 32, Mark Zuckerberg became richer than anyone else in that age group. Zuckerberg holds a quarter of total wealth among all the young billionaires.
US has more young billionaires than that of any country.
Indian mobile payments entrepreneur Vijay Sharma, is also one of the billionaire who comes under the age of 40. Only a quarter of billionaires under the age of 40 are women in the world, and just one of them is self made billionaire i.e. Chinese newcomer Zhou, who chairs Oriental Energy Company.
Some serious issues and facts:
There are two types of people, one who earn money by wrong method and one who earn money through hard work, keeping courage in himself and facing all the problems that he faces in the path of being a billionaire. Wealth often comes with a package of expectations, and some decisions about how it needs to be spent in future, how to save that money and many more. Although money helps from various combinations of scenarios, it also sometimes makes us fall in the bad scenario.
Specifically how you spend money initiates your values.
If you born poor, that’s not a problem but if you die poor, that’s a major problem. As discussed above many billionaires are born poor. Some of their parents had to leave the countries been rewarded as refugees, but after all at the end of the day, they all are billionaires. Being suffered from many uneven paths, they crossed many waves going opposite to them, but they did not leave hope and courage of being rich and richest.
Infact , it is the person, who has a lot of money, has to suffer from being targeted on back. There are a lot of people who are going to hit you up on your back for gifts, loans etc.
Some are born with the good destiny or fortune and some write their own destiny with their hands like many billionaires did. And we all know “ Man is the maker of his own future”.
Richest Man In The World : Jeff Bezos
The richest man of the world in 2020 is Jeff Bezos. He is 55years old. As discussed above also about Jeff Bezos, he is the founder, chairmen and chief executive officer of Amazon. He is a graduate from Princeton and worked on Wall Street in the computer science field.
Bezos also founded blue origin, a human spaceflight startup company. Bezos was one of the first shareholders in google, when he invested $250,000 in 1998.
In July 2012, Bezos and his wife donated a specific amount i.e. $2.5 million to support same-sex marriage referendum that is successfully been passed in Washington. In October 2016, Bezos listed as the third (3rd) wealthiest person of the world.
Richest People in India 2020
When we talk about the richest people in India, everyone is eager to know their life style, their life story and how they havereached their positions in the society. They always inspire us and motivate us in becoming the richest and to do hard work like them. Therefore, let us also discuss about some of them.
Following are the richest top ten people in India In 2020:
o Gautam Adani:
Gautam Adani is on the tenth (10th) place in the list with the worth of $7 billion. he was born in the state of Gujarat. He went on to become a successful every year after he opened his own business.
o Kumar Birla:
Kumar Birla is at the ninth (9th) position in the list of top ten richest people in India. He was born in the year 1967 in the state of Rajasthan. He had further continued his studies at London Business School for MBA. Aditya Birla Group known as the biggest multinational Group in India was chaired by Aditya Birla. Kumar then began expanding the company to earn revenue from abroad.
o Cyrus Poonawalla :
He is at the eight (8th) position in the list of top ten richest people in India with the net worth of $8.5 billion. He was born in 1985. He had studied in Bihar, Maharashtra College and in 1966 he did his graduation and got his ph.D after 20 years. He has love for horse racing. He produced vaccines to aid children from various and dangerous diseases.
o Lakshmi Mittal:
Lakshmi Mittal was born in 1950 and is at the seventh (7th) position inthe list of richest people in India with the net worth of $11.2 billion. He got bachelors degree in commerce from the university of Calcutta. In Indonesia, in 1976, he had begun his own steel company.
o Godrej Family:
Godrej Family is at the sixth (6th) position from the top ten richest people in India with the net worth of $11.4 billion. Godrej is a huge multinational producing consumer goods, agricultural products, industrial engineering, and real estate. This group is managed by the three members of the family.
o Shiv Nadar:
Shiv Nadar is at the fifth (5th) position in the list with the net worth of $12.9 billion. in 1945, he was born in the state of Tamil Nadu. He completed his Higher Secondary school and got his pre university degree from the American college. After completion of his graduation, he decided to open up his own business with many of his friends. He started making calculators . He named the company as Microcomp.
o Pallonji Mistry:
He is at the fourth (4th) position from the top richest people in India with the worth net of $14.7 billion. He was born in 1929. He became the major share holder in the multinational company. Other than that, he also owns a business of his own related to Real Estate and construction called Shapoorji Group. They are commonly known for building banks.
o Azim Premji:
He is at the third (3rd) position in the list of top ten richest people in India with the worth net of $16.5 billion. He was born in the year 1945. Azim got BSc In Electrical Engineering. He has also joined other billionaires and contribute a large amount of his money for the assistance of the other people.
o Dilip Shanghvi:
Dilip Shanghavi is at the second (2nd) position in the list of top billionaires with the net worth of $17.5 billion. in 1955, he was born in amreli, in Gujarat. He got his degree from university of Calcutta. Then Dilip decided to join his father’s drug company. Till today, it is the largest drug company in India.
o Mukesh Ambani:
now finally came the first (1st) position of top ten richest people in India. He is nobody but Mukesh Ambani. Mukesh Ambani has achieved his position with the net worth of $22.3 billion. He is known as the richest man in Asia. In 1957, he was born to Dhirubhai Ambani in Yemen. Initially he was keen in studying chemicals and finally he got degree in Chemical Engieering and dropped out of his MBA. Mukesh Ambani then opened a company known as Reliance Infocomm Ltd. Now it is Reliance communication Ltd.
Generosity Index of the richest people of the world:
Generosity Index means the percentage of wealth a man gives for charity. It is the difference between the net income and the donation. Let us discuss the generosity index of some richest people in the world.
Bill Gates: his net income is $ 82.5 billion and donation is $ 26 billion. Therefore, his generosity index is 32 %. He stands at the tenth place in this case.
Warren Buffet: his generosity index is 35 % as his net income is $60 billion and his donation is $21 billion.
Eli Board: Eli Board, co-founder of KB Home and SunAmerica, gives out $3.3 billion from his earning $ 7.3 billion. So his generosity index is 45%.
Azim Premji: now came the turn of Azim Premji, an Indian businessman, who has donated about 50% of his wealth to charity. So, naturally, his generosity index is 50%.
George Seros: his generosity index is 54% because his net income is $24 billion and his charity is $ 11 billion. Thus generosity index implies how much generous the rich people are in their lives. They not only think about their profit, but also think about the sorrow of poor, needy people. As many of the richest persons have experienced the pain of life, they can understand the agony of empty stomach. Thanks to the richest people of the world, who are the rays of hope of many disadvantaged people.
From these top ten billionaires, we got to know that like other countries, our India also has many billionaires, who have reached to their position with lots of courage and strength. Wiston Churchill wrote that “There is no time for ease and comfort. It is time to dare and endure”. We have to come out from our ease zone to be something or to be a billionaire
like all those we have discussed above.