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Top 10 Richest People In The World 2020

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Who are the richest people in the world?

Amazon founder Jeff Bezos and Bill Gates are the  two top richest people  in the world with an estimated worth of $131 billion dollars and $102.1 Billion, according to Forbes.

In this article we are going to list the top ten richest people in the world according to Forbes Magazine

Top Ten Richest People In The world

10  Larry Pages  

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      Net worth $50.8B

Lawrence Edward Page (born March 26, 1973) is an American computer scientist and Internet entrepreneur who co-founded Google with Sergey Brin.

Page is the chief executive officer of Alphabet Inc. (Google’s parent company). After stepping aside as Google CEO in August 2001, in favor of Eric Schmidt, he re-assumed the role in April 2011. He announced his intention to step aside a second time in July 2015, to become CEO of Alphabet, under which Google’s assets would be reorganized. Under Page, Alphabet is seeking to deliver major advancements in a variety of industries

READ RICHEST COUNTRIES IN THE WORLD

9 Michael Bloomberg

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Net worth $55.5B

Michael Rubens Bloomberg (born February 14, 1942) is an American businessman, politician, author, and philanthropist. As of April 2019, his net worth was estimated at $62.1 billion, making him the sixth-richest person in the United States and the ninth richest person in the world. He has joined The Giving Pledge, whereby billionaires pledge to give away at least half of their wealth To date, Bloomberg has given away $8.2 billion, including his November 2018 $1.8 billion gift to Johns Hopkins University for student aid—the largest private donation ever made to a higher education institution

8 Mark  Zuckerberg 

Net worth $62.3B

Mark Elliot Zuckerberg ( born May 14, 1984) is an American technology entrepreneur and philanthropist. Zuckerberg is known for co-founding and leading Facebook as its chairman and chief executive officer.He also co-founded and is a board member of the solar sail spacecraft development project Breakthrough Starshot.

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7 Larry Ellison 

Net worth $62.5B

Lawrence Joseph Ellison (born August 17, 1944) is an American businessman, entrepreneur, and philanthropist who is a co-founder and the executive chairman and chief technology officer (CTO) of Oracle Corporation. As of March 2019, he was listed by Forbes magazine as the fourth-wealthiest person in the United States and as the seventh-wealthiest in the world

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6 Amancio Ortega

Net worth $62.7B

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Amancio Ortega Gaona ( born 28 March 1936) is a Spanish billionaire businessman. He is the founder and former chairman of Inditex fashion group, best known for its chain of Zara clothing and accessories shops. As of late September 2018, Ortega had a net worth of $70 billion, making him the second-wealthiest person in Europe after Bernard Arnault, and the sixth-wealthiest in the world. He is the head of the Ortega family.

Carlos Slim Helu & family

Net worth $64B

Mexico’s richest man, Carlos Slim Helu and his family control America Movil, Latin America’s biggest mobile telecom firm.

With foreign telecom partners, Slim bought a stake in Telmex, Mexico’s only phone company, in 1990. Telmex is now part of America Movil.

He also owns stakes in Mexican construction, consumer goods, mining and real estate companies and 17% of The New York Times

Bernard Arnault & family

Net worth $76B

One of the world’s ultimate taste-makers, Bernard Arnault oversees an empire of 70 brands including Louis Vuitton and Sephora.

His luxury goods group, LVMH, posted record sales and profits in 2018, thanks in part to increased spending by Chinese customers.

The arts patron is the visionary behind the $135 million Frank Gehry-designed Foundation Louis Vuitton museum near Paris, opened in 2014.

Arnault and LVMH pledged over $220 million to help repair the Notre Dame cathedral in Paris following a devastating fire in mid April 2019.

His daughter Delphine is executive vice president of Louis Vuitton, and a member of LVMH’s executive committee.

His father made a small fortune in construction; Arnault put up $15 million from that business to buy Christian Dior in 1985.

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3 Warren Buffett

Net worth $82.5B

Warren Edward Buffett ( born August 30, 1930) is an American business magnate, investor, speaker and philanthropist who serves as the chairman and CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of US$82 billion as of July 18, 2019, making him the third-wealthiest person in the world.

 

2 Bill Gates

Net worth $103.9B

William Henry Gates III (born October 28, 1955) is an American business magnate, investor, author, philanthropist, and humanitarian. He is best known as the principal founder of Microsoft Corporation.During his career at Microsoft, Gates held the positions of chairman, CEO and chief software architect, while also being the largest individual shareholder until May 2014.

1 Jeff Bezos 

Net worth $131B

Jeffrey Preston Bezos ( January 12, 1964) is an American technology entrepreneur, investor, and charity donor. He is the founder, CEO, and president of Amazon.com, Inc.

 

 

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Roman Abramovich, House, Cars, Children

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Roman Abramovich
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Roman Abramovich best known in the public domain as the owner of Chelsea, however, the Israeli- Rusian is more than that. He is a successful businessman and a politician. Roman is also a philanthropist. He has given more than any living Russian towards the building of hospitals, schools and other infrastructure.

Businesses

Abramovich is the main owner of the private investment company Millhouse LLC and owner of Chelsea Football Club, an English Premier League football team.

Millhouse Capital’s shareholders sold their 26 percent holding in OAO Aeroflot in 2003 and a 50 percent stake in OAO Russian Aluminum , now the world’s largest aluminum producer, in two deals spanning 2003 and 2004. 

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Abramovich invested and led a $30 million round of funding with businessman OD Kobo Chairman of PIR Equities.

 Other partners include several well-known people from the music industry, among them David Guetta, Nicki Minaj, Tiësto, Avicii, will.i.am, Benny Andersson, Dave Holmes manager of Coldplay and others.

Abramovich has invested in other startups in various fields. Among them is BrainQ, an Israeli startup which develops artificial intelligence-powered technologies to treat neurological disorders, such as stroke, spinal cord injury and traumatic brain injury.

Also StoreDot, founded by Doron Myersdorf, where Abramovich has invested over $30 million

Roman Abramovich House

Roman Abramovich House

Roman owns a mansion which cost about $300 million. Part of Abramovich’s wealth includes a Code d’Azur mansion which was lived in by King Edward, who abdicated the British throne in 1936.

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There’s the massive mansion at Kensington Palace Gardens — dubbed ‘billionaires’ row’ — and the three-storey penthouse he’s taken at exclusive tower block Chelsea Waterfront.

Not to mention his properties across the rest of the world including a bond style ski lodge and ranch in the US, his Caribbean retreat and a Chateau in the south of France.

Abramovich bought the cream 15-bedroom mansion on ‘billionaires’ row’ for £90m in 2009.

Kensington Palace Gardens is one of the most desirable addresses in the world, with business magnates such as Laksmi Mittal and Wang Jianlin living on the road.

It sits behind Kensington Palace, the home of the Duke and Duchess of Cambridge, in a road protected by armed police, retractable bollards and CCTV.

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As property prices in central London have ballooned, the pad is now worth at least £125m, according to local estate agents – and very soon it’ll be worth even more.

That’s because plans were approved in 2016 for the oligarch to increase the size of the Grade II listed building from 16,000sq/ft to 20,000sq/ft.

The building was formerly the Russian embassy but is now fit for a king.

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https://www.instagram.com/p/B1bmg22FbJ5/

The main renovation work is to replace a swimming pool described as “miserable” by architects designing the upgrades.

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The current underground swimming pool will be filled in and replaced with staff accommodation, while the new indoor pool will be at ground level and be lit by skylights.

The dining room and the playroom on the lower ground floor will be made bigger, while there will also be a widening of the outside terrace.

Roman Abramovich Yacht

It cost just shy of £300million when he ordered it in 2010 – and at the time it was the biggest private yacht in the world.

But by the time the Russian billionaire finally got the keys, the luxury extras and security measures had trebled costs to close to £1billion.

It is probably the most extravagant boy’s toy ever imagined, with upgrades and maintenance taking the cost to somewhere close to £400million.

Built by renowned German shipbuilder Blohm & Voss in the Hamburg shipyards that built the Bismarck, Eclipse was launched after five years of design, development and testing.

For starters it is 533ft long – more than twice the size of the pitch at Stamford Bridge.

The fuel tanks are said to be able to hold a million litres, meaning it can travel 6,000 miles before it needs topping up.

Eclipse boasts nine decks, the top one containing two helipads and a garage.

The forward helideck opens out to allow for a Eurocopter EC155 to be stored in a hangar underneath.
The eighth deck features a swimming pool and a sundeck, with a pull-out barbecue and pizza oven and a built-in wood burning fire pit.

The main saloon boasts a fireplace and a massive driftwood sculpture from Bali in Indonesia.

Read Sheikh Mansour net worth

There is another pool on the seventh deck with an adjustable depth feature that sees the floor rise and fall, so that it can be converted into a dance floor.

Cars

Pagani Zonda R, £2.5million

The jewel in the crown, only 15 of these beauties have ever been made.

It is not road legal and can only be driven around the track, with Abramovich’s Zonda on show at a private track day in Germany’s famous Nurburgring in 2016.

Porsche 911 GT1 Evo, £1.7m

Another track only car, the GT1 is a classic race car from the mid-1990s.

Capable of 205mph, one recently sold at auction for £2.3m.

Ferrari FXX, £1.6m

Roman loves cars that are made for the track.

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The FXX was built in 2005 as a special prototype, with only 30 made.

The gorgeous-looking car later went into street-legal production, becoming the Ferrari Enzo.

Bugatti Veyron, £1.5m

The car that every serious collector has to own.

The German-French built hypercar held the record for the fastest street-legal car ever built.

Read Highest Paid Footballers in the world

Capable of an eye-watering 267mph.

Aston Martin Vulcan, £1.2m

The limited edition, track-only Aston Martin was launched in 2015 – with only 24 made around the world.

The carbon-fibre racer does 0-60mph in 2.9secs and a top speed 224mph.

At a cost of around £1.2m when it was launched (it’ll be worth more now), owners aren’t even allowed to drive it without permission form the supercar manufacturer.

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Who is the Founder of Wikipedia?

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Who is the Founder of Wikipedia?
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Wikipedia provides vast information of all sorts to millions of internet users on daily basis. Have you ever wondered how it came into existence or per harps the person(s) behind the web’s largest source of information to the public? Well keep reading as we unveil to you the founder of wikipedia and more.

 Wikipedia a free online encyclopedia, created and edited by volunteers around the world and hosted by the Wikimedia Foundation.

According to the history of wikipedia, It began with its first edit on 15 January 2001, two days after the domain was registered by Jimmy Wales and Larry Sanger.

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As of 2020, Wikipedia receives a monthly readership of 1.5 billion

Who is the Founder of Wikipedia?

About Jimmy Wales

Jimmy Donal Wales  is an American-British Internet entrepreneur. He is also a co-founder of the online non-profit encyclopedia Wikipedia, and the for-profit web hosting company Wikia later renamed Fandom

Founder of Wikipedia

Wales was born in Huntsville, Alabama, where he attended Randolph School, a university-preparatory school.

 He earned bachelor’s and master’s degrees in finance from Auburn University and the University of Alabama respectively.

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 In graduate school, Wales taught at two universities; however, he departed before completing a PhD to take a job in finance and later worked as the research director of a Chicago futures and options firm.

In 1996, he and two partners founded Bomis, a web portal featuring entertainment and adult content. Bomis provided the initial funding for the free peer-reviewed encyclopedia, Nupedia (2000–2003), and its successor, Wikipedia. On January 15, 2001, with Larry Sanger and others, Wales launched Wikipediaa free, open-content encyclopedia that enjoyed rapid growth and popularity. As Wikipedia’s public profile grew, he became its promoter and spokesman. Though he is historically credited as co-founder, he has disputed this, declaring himself the sole founder.

Wales serves on the Wikimedia Foundation Board of Trustees, the charity that he helped establish to operate Wikipedia, holding its board-appointed “community founder” seat. For his role in creating Wikipedia, which has become the world’s largest encyclopedia, Time named him one of “The 100 Most Influential People in the World” in 2006.

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About Larry Sanger

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Lawrence Mark Sanger  is an American internet project developer and co-founder of the internet encyclopedia Wikipedia, for which he coined the name and wrote much of its original governing policy. Sanger has worked on other online educational websites such as Nupedia, Citizendium, and Everipedia.

While studying at college, Sanger developed an interest in using the internet for educational purposes and joined the online encyclopedia Nupedia as editor-in-chief in 2000. Disappointed with the slow progress of Nupedia, Sanger proposed using a wiki to solicit and receive articles to put through Nupedia’s peer-review process; this change led to the development and launch of Wikipedia in 2001. Sanger served as Wikipedia’s community leader in Wikipedia’s early stages but became increasingly disillusioned with the project and left it in 2002.

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Since Sanger’s departure from Wikipedia, he has been critical of the project, describing it in 2007 as being “broken beyond repair”.

He has argued that despite its merits, Wikipedia lacks credibility due to a lack of respect for expertise and authority. He founded Citizendium in 2006 to compete with Wikipedia. Sanger’s status as a co-founder of Wikipedia has been questioned by fellow co-founder Jimmy Wales but is generally accepted.

Besides the Internet, Sanger’s interests have been focused mainly on philosophy—in particular epistemology, early modern philosophy, and ethics. He taught philosophy at his alma mater Ohio State University.

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The idea of using a wiki came when Sanger met up with his friend Ben Kovitz on January 2, 2001,  when Sanger was first introduced to wiki software.

 Kovitz, whom Sanger had known from philosophy mailing lists, was a computer programmer who had come across Ward Cunningham’s Wiki.

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Sanger was impressed with the possibilities offered by wikis and called Wales, who agreed to try it. Sanger originated the name “Wikipedia”, which he later said was “a silly name for what was at first a very silly project”.

Within a few days of its launch, Wikipedia had outgrown Nupedia and a small community of editors had gathered. Sanger served as Wikipedia’s “chief organizer”, running the project and formulating much of the original policy, including “Ignore all rules”, “Neutral point of view”, “No original research”, and “Verifiability”. He embraced Wikipedia’s encouragement of boldness among its editors, telling users to “not worry about messing up”. He also created the concept of “Brilliant prose”, which evolved into featured articles as a way to showcase Wikipedia’s highest-quality articles

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Tesla gets a spot on the S&P 500

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Tesla
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Tesla will be added to the S&P 500, a milestone that will expand its investor base and put the electric automaker in the same company as heavyweights like Apple, Berkshire Hathaway and Microsoft.

The announcement, made Monday afternoon by the S&P Dow Jones Indices, sent shares 13.7% higher in after-market trading. Tesla will officially join the benchmark index prior to trading December 21, the S&P Dow Jones Indices said in a statement.

When Tesla joins the S&P 500, it will be among the most valuable companies on the benchmark. Its weighting will be so influential that the S&P DJI is mulling whether to add the stock at the full float-adjusted market capitalization weight all at once or in two tranches.

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“Tesla will be one of the largest weight additions to the S&P 500 in the last decade, and consequently will generate one of the largest funding trades in S&P 500 history,” S&P DJI said in a statement. “However, Tesla itself is very liquid, and adding the stock at the upcoming December quarterly rebalancing coincides with the expiration of stock options, stock futures, stock-index options, and stock-index futures, which may help facilitate the funding trade.”

Joining the S&P 500 has its benefits, as investors that have index-tracked funds will be forced to buy shares. With share prices already popping, that will mean investors will have to sell other stocks to make room for Tesla. Existing investors may, in turn, want to take advantage of that demand and sell. The upshot: The traditionally volatile stock might get a bit more volatile.

The inclusion on the benchmark follows Tesla’s decision in August to split its shares 5 for 1.

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