You will be surprised to know the names of business tycoons who owns $426 billion which is almost equal to the amount of money owned by 50% of the people living in this world. Yes it’s huge and it’s unusual but for them it’s normal. Moreover not only they are the highest earners but also share the highest amount of charity work
Here is the list of people you need to know
$75b bill gates co-founder Microsoft in the mids 70’s
$67b Amancio Ortega Opened the ZARA fashion shop in 1975
$60.8b Warren buffet Founded investment firm, birk shire, Hathaway
4.$50b Carlos slim helo major owner of telecom firm America Movil
5.$45.2b Jeff Bezos Founder and CEO of online retailer Amazon.com
6.$44.6b Mark Zuckerberg Founded facebook in 2004 while being a college
7.$43.6b Larry Ellison Co-founder of software firm Oracle
8.$40b Michael Bloomberg Created the eponymous financial information provider in 1981
Reaching on top is hard, maintaining it is even more harder
He used to be at first Place in 2016
Amancio Ortega is one of the richest men in Europe and the wealthiest retailer in the world.
A pioneer in fast fashion, he cofounded Inditex, known for its Zara fashion chain, with his ex-wife Rosalia Mera (d. 2013) in 1975.
He owns about 60% of Madrid-listed Inditex, which has 8 brands, including Massimo Dutti and Pull & Bear, and 7,500 stores around the world.
Ortega typically earns more than $400 million in dividends a year.
He has invested his dividends primarily into real estate in Madrid, Barcelona, London, Chicago, Miami and New York.
The mysterious Zara founder was briefly the world’s richest man back in 2015, Forbes reported. He bypassed the then-richest person, Bill Gates, when his net worth peaked to $80 billion as Zara’s parent company Inditex’s stock peaked. But when the stock went back down, Ortega went back to being the world’s second-richest man, a title he gained in June 2015.