Top Richest Man On Earth: Bill Gates:
Wealth-X maintains a database of
dossiers on more than 110,000 ultra-high-net-worth people, using a
proprietary valuation model that takes into account each person's assets,
then adjusts estimated net worth to account for currency-exchange rates,
local taxes, savings rates, investment performance, and other factors.
Its
latest ranking of the world's billionaires found that 29 of the top 50 hail
from the US and nearly a quarter made their fortunes in tech. To crack this
list, you'd need to have a net worth of at least $14.3 billion.
And for the
most part these people weren't born with a silver spoon. More than two-thirds
are completely self-made, having built some of the most powerful companies,
including Amazon, Berkshire Hathaway, Google, Nike, and Oracle. From tech
moguls and retail giants to heirs and heiresses, here are the billionaires
with the deepest pockets around the globe.
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Bill
Gates
Net worth: $87.4 billion Age: 60 Country: US Industry: Tech Source of wealth: Self-made; Microsoft At just 20, Bill Gates co founded Microsoft with his childhood friend Paul Allen. Months before his 31st birthday, the company went public, making Gates a billionaire. He served as CEO of the software titan until 2000 and was its chairman and largest shareholder until 2014. Though he still sits on the company's board, Gates whose net worth sits a league above the rest at $87.4 billion is no longer actively involved in Microsoft. Gates is not only the richest man in the world,
But he's also the most generous. Since
1999, Gates and his wife have helmed the Bill & Melinda Gates Foundation,
one of the most powerful charities in the world. The foundation which
controls an endowment of more than $40 billion aims to lift millions of
people out of poverty, with a heavy focus on eliminating HIV, malaria, and
other infectious diseases. The couple is also working on a plan to bring
mobile banking to the 2 billion adults who don't have a bank account. Plus,
Gates recently invested alongside Jeff Bozos in Grail, the company that's
creating a blood test to detect every form of cancer.
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Sunday, February 7, 2016
Top Richest Man On Earth: Bill Gates
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