The 20 Richest People in the World

According to 2020 Forbes’ annual rankings of the richest people in the world, there are 2, 153 billionaires on the planet.

Below is a brief summary of countries where these billionaires come from:

United States 607
China   324
Germany  114
India   106
Russia   98
Hong Kong 71

So who are the 20 wealthiest of the 2, 153 billionaires? And who is the richest of all?

20. Ma Huateng – $38.8B


Ma Huateng, also known as Pony Ma is the founder, chairman, and CEO of Tencent. He is a Chinese business mogul, technology and internet entrepreneur, investor, politician engineer, and humanitarian. He is ranked the 2nd wealthiest individual in China and one of the richest people in the world.

Tencent is one of the biggest Internet and technology firms. It’s the largest investment, entertainment, and gaming companies in the world. Tencent controls the largest mobile instant messaging service and it’s the most valuable company in Asia.

Tencent also offers payment systems, value-added services, online advertising services, media, and entertainment services both in China and internationally. In 2015, Forbes magazine rated Pony Ma as one of the most powerful individuals in the world.

19. Steve Ballmer – $42.3B


Steve Ballmer is an American business magnate and entrepreneur. He’s the former CEO of Microsoft (2000 – 2014) and the owner of the Los Angeles Clippers (An American professional basketball team).

He has an estimated fortune of $42.3 billion, making him the world’s 19th wealthiest individual. Ballmer purchased Los Angeles Clippers for $2 billion.

18. Rob Walton – $44.9B


Rob Walton is the heir to the fortune of Walmart Inc. He is the eldest son of Sam Walton (founder of Walmart).

Rob is a director and former chairman (1992 – 2015) of Walmart Inc., the world’s largest retailer. He and other heirs of Sam Walton jointly control around half of Walmart’s stock. Walton is a well-known collector of automobiles.

17. Alice Walton – $44.9B


Worth over $44.9 billion, Alice Walton is an American businesswoman, art collector, and an heiress to the fortune of Walmart Inc. She’s the only daughter of Walmart founder Sam Walton. Alice is the world’s 2nd richest woman after Francoise Bettencourt Meyers.

She is reported to own over $11 billion in Walmart shares. Her personal art collection is valued at hundreds of millions of dollars.

16. Jim Walton – $45.2B


Jim Walton is an American billionaire, Chairman, and CEO of Arvest Bank Group, Inc. The bank is based in Bentonville, Arkansas with branches in Kansas, Oklahoma, and Missouri. It is owned by the Walton family.

Arvest Bank is one of the largest banks in the United States and the oldest in Arkansas. As of 2018, It had a net income of $0.188 billion and controlled assets worth over $18 billion.

Jim is the youngest son of Sam Walton and an inheritor to the wealth of Walmart. He has a fortune of $45.2, making him the world’s 16th wealthiest individual.

15. Francoise Bettencourt Meyers & family – $49.3B


With a fortune of $49.3 B, Francoise Meyers is the planet’s wealthiest woman and one of the richest people in the world. She’s the granddaughter of Eugene Schueller, the founder of L’Oréal.

Francoise Meyers is the current owner and Non-Executive chairwoman of L’Oréal, the largest cosmetics company in the world. L’Oréal produces products for skincare, hair color, sun protection, make-up, and perfume.

As of 2018, L’Oréal had 26.93 billion euros in revenues and 3.98 billion euros in net income. It has several subsidiaries such as Garnier, Maybelline, Lancôme and NYX Cosmetics. Meyers holds a 33.14% stake at the company.

14. Sergey Brin – $49.8B


We all know Google, right? Sergey Brin is the co-founder of Google and the president of Alphabet Inc., Google’s parent company. He has a fortune of $49.8 billion making him one of the wealthiest individuals in the world.

In 1998, when Brin was studying a Ph.D. at Stanford University he met Larry Page and together they founded Google search engine.

13. Mukesh Ambani – $50B


Ranked the wealthiest person in Asia and the world’s 13th richest individual is Indian businessman Mukesh Ambani with a net worth of $50 billion.

 He is the chairman, managing director and the highest shareholder of Reliance Industries Limited (RIL). RIL is a gas and oil giant with revenues of over $90 billion. It is India’s most valuable firm by market value.

12. David Koch – $53.5B


 David Koch is an American business magnate, humanitarian, chemical engineer, and political activist.  He’s the co-owner (together with older brother Charles Koch) and former executive vice president of Koch Industries.

David has a 42% stake at Koch Industries, an American international company headquartered in Wichita, Kansas. The firm deals with the manufacturing, refining, and distribution of petroleum, minerals, fertilizers, fiber, pulp and paper, intermediates and polymers, chemical technology equipment, finance, energy, trading commodities, and ranching.

Koch Industries has various subsidiaries such as Invista, Georgia-Pacific, Molex, Flint Hills Resources, Koch Pipeline, Koch Fertilizer, Koch Minerals, Matador Cattle Company, and Guardian Industries. The firm is the biggest landowner in the Athabasca oil sands and has 120,000 employees in 60 countries.

11. Charles Koch – $53.5B


He’s an American business entrepreneur, political sponsor, author, and philanthropist. Charles Koch is the co-owner (together with brother David Koch), CEO and chairman of Koch Industries. He and his brother own a 42% stake of the company each.

Koch Industries is the second biggest privately owned company by income in the USA with annual revenues of $110 billion. It produces an extensive variety of famous brands such as the Lycra brand of spandex fiber, Dixie Cup, Stainmaster carpet and Quilted Northern tissue.

10. Larry Page – $53.8B


Page is an American Technology/internet entrepreneur and computer scientist. He founded the Google search engine alongside Sergey Brin. Larry Page is the CEO of Alphabet Inc., which is Google’s parent organization.

Alphabet was formed in October 2015 to help restructure Google’s assets. It’s the 5th major tech firm in the world by income and among the world’s most valuable firms. It owns various subsidiaries including YouTube, DoubleClick, and Android.

Larry Page has an estimated fortune of $53.8 billion, making him one of the richest people in the world.

Google search engine makes $929 per second.

Also Read: The 10 Youngest Billionaires in the World

9. Michael Bloomberg – $55.5B


Michael Bloomberg is a Co-founder and CEO of Bloomberg L.P. — a multinational mass media, financial services, and software firm based in Midtown Manhattan, New York City. He’s also an author, humanitarian and former Mayor of New York City.

Bloomberg offers financial services through the Bloomberg Terminal, which is the major revenue-generating product for the company.

The firm also owns Bloomberg News, Bloomberg Television, websites, Bloomberg radio, and 2 magazines Bloomberg markets and Bloomberg Businessweek.

Michael Bloomberg is the 6th richest person in the US.

8. Mark Zuckerberg – $61B


Next on the list is Facebook Co-founder, chairman, and CEO Mark Zuckerberg. Facebook, Inc. is an American online social media and networking service company headquartered in Menlo Park, California.

Mark Zuckerberg is the youngest person on the list being just 35 years of Age. He owns a 15% stake at Facebook.

In 2007, Zuckerberg became the world’s youngest self-made billionaire at the age of 23. As of 2019, he was the only individual under 50 on the list of 10 wealthiest people in the world, and the only one under 40 in the top 20 richest people in the world.

Mark Zuckerberg is also the co-founder and board member of the Solar Sail spacecraft development project and Breakthrough Starshot.

7. Larry Ellison – $62.5B


Born in August 1944, Larry Ellison is an American business entrepreneur and philanthropist. He’s the founder, executive chairman, and chief technology officer (CTO) at Oracle Corporation — an American software company based in Redwood Shores, California.

In 2018, Oracle was the third biggest software firm by revenue. In 2016, Oracle acquired cloud-software company NetSuite for $9.3B.

Larry Ellison is the 7th richest individual in the world and the 4th wealthiest person in the United States with a net worth of $62.5 billion.

6. Amancio Ortega – $62.7B


Ortega is a Spanish billionaire and the 2nd wealthiest individual in Europe. He’s the founder and former chairman of the Inditex fashion group which is commonly known for its chain of Zara clothing and accessories stores.

Amancio is the richest retailer in the world and earns more than $400 million in dividends every year. He owns an estimated stake of 60% at Inditex with interests in real estate too.

5. Carlos Slim Helu – $64B


5th on the list is Mexican business mogul, investor, engineer and philanthropist, Carlos Slim. Carlos and his family control America Movil, Latin America’s largest mobile telecom company.

His conglomerate, Grupo Carso has interests in real estate, retail, energy, health care, media, industrial manufacturing, education, transportation, hospitality, sports, financial services, entertainment, and high technology.

He’s the wealthiest person in Latin America and accounts for 40% of the listings on the Mexican Stock Exchange. He also holds a 17% stake in the New York Times. His net worth is equivalent to around 6% of Mexico’s gross domestic product (GDP).

Also Read: The Richest People in the United States

4. Bernard Arnault – $76B


Bernard Arnault is a French investor, art collector, and business magnate with a net worth of $76 billion. He is the chairman and CEO of LVMH (Louis Vuitton Moet Hennessey), the largest luxury goods company in the world.

Arnault is the wealthiest man in Europe and the fourth-richest person in the world. He oversees an empire of over 70 brands.

3. Warren Buffet – $88.3B


Warren Buffet is the Chairman and CEO of Berkshire Hathaway. He’s considered one of the most successful investors in the world.

Berkshire Hathaway is an American conglomerate holding company based in Omaha, Nebraska, United States. It owns more than 60 companies including battery manufacturer Duracell, restaurant chain Dairy Queen, and insurer GEICO.

2. Bill Gates – $97B


Bill Gates is the second-richest person in the world. He is an American tech entrepreneur, investor, author, humanitarian and founder of Microsoft, the largest PC software company in the world.

Bill Gates is also a co-founder of the Bill & Melinda Gates Foundation (BMGH), a charitable organization believed to the biggest private foundation globally, holding $50.7 billion in assets.

1. Jeff Bezos – $160B


Jeff Bezos is indeed the richest man in the world with a whopping net worth of $160 billion. He’s the only person on this list with over $100 billion.

Bezos is the founder and CEO of Amazon, an American giant technology company that has its headquarters in Seattle, Washington DC.

Amazon focuses on e-commerce, digital streaming, cloud computing, and artificial intelligence. In 2018, Amazon hit $230 billion in revenue and $10 billion in net profit, up from $3 billion in 2017.

Jeff Bezos’ Amazon also has several acquisitions including The Washington Post, IMDb, Zappos, Alexa, and Blue Origin. Jeff has a 16% stake at Amazon.

That’s it. Those are the 20 richest people in the world. Feel free to drop a comment below about this list.

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