Top 10 Wealthiest People in the World and How They Made Their Fortunes - Veganoc

Top 10 Wealthiest People in the World and How They Made Their Fortunes

Top 10 Wealthiest People in the World and How They Made Their Fortunes

These 10 are among the world’s elite individuals who have created fortunes that surpass the GDP of entire nations.

Table of Contents

Jeff Bezos now leads this list with an estimated fortune estimated at an estimated $140 billion, followed by Bill Gates who co-founded Microsoft with Paul Allen as their high school buddy.

Jeff Bezos

Jeff Bezos, founder of Amazon and E-commerce, reportedly boasts an estimated net worth of approximately $127 billion. Additionally, he has invested in other ventures while showing an extraordinary dedication to charitable initiatives like homelessness relief.

Bezos began his career on Wall Street after graduating top of his class from Princeton. But in 1994 he took a risk and founded an online bookstore which quickly became one of the leaders in e-commerce.

Bezos, as owner of The Washington Post and space travel company Blue Origin, is currently the world’s richest person. However, his wealth has become the subject of some contention; critics argue it should instead go towards feeding or housing those less fortunate than him. Bezos represents what it takes to succeed in our era of ambition and innovation: building his fortune by producing and trading values people value and knowing he’ll only remain world’s richest as long as Amazon keeps serving its customers well.

Elon Musk

Elon Musk is a multi-billionaire who amassed his fortune through Tesla Motors and SpaceX, both electric car manufacturers. Additionally, he co-founded solar energy provider SolarCity as well as Neuralink–an implantable neural interface company–and founded these enterprises before going on to found SolarCity and SolarCity respectively.

Born in South Africa and moving with his family to Canada at age 15, he completed his degree at University of Pennsylvania with bachelor’s degrees in economics and physics. Although often bullied as well as having Asperger syndrome, he displayed early entrepreneurship skills by selling homemade Easter egg cakes while paying his school expenses by coding computer games.

In 1995, he established Zip2 Corporation to provide internet software that assisted newspapers in creating online city guides. Later, PayPal, the world’s premier payment system that was acquired by eBay for $1.5 billion later acquired the firm for further use in creating city guides online.

Bernard Arnault

French business magnate Bernard Arnault, known professionally as “LVMH”, founded luxury goods conglomerate LVMH Moet Hennessy Louis Vuitton at age 74. After earning his degree at one of France’s top universities – the Ecole Polytechnique – Arnault began his business career by working as an engineer for Ferret-Savinel construction company owned by his father.

Arnault eventually convinced his father to diversify their business from construction into real estate. In the 1980s, he purchased Boussac Saint-Freres – a bankrupt textile and retail conglomerate which included Christian Dior, Le Bon Marche and Peaudouce – as a way of diversifying into retail real estate.

He then expanded the business by merging it with Louis Vuitton, amassing an enormous fortune. Today, his LVMH empire comprises fashion brands Christian Lacroix, Givenchy and Kenzo; leather goods firms Loewe and Celine; jewelry companies Fred Joailler & Kering as well as beauty retailer Sephora – as well as multiple luxury-goods stores owned by him and an expansive art collection he recently passed Elon Musk as world’s richest person.

Bill Gates

Bill Gates made his fortune through Microsoft and technology. His software company released many highly popular products, such as Office Suite and Windows OS. By the time of his retirement in 2004, his net worth had increased to over $56 billion.

Gates now dedicates his life to his philanthropic foundation, which supports education and world health initiatives. Gates has made significant investments in technology over time – including providing millions of computers for US libraries.

Bernard Arnault is one of the world’s largest luxury goods companies and founder and chairman of LVMH Moet Hennessy Louis Vuitton, with over 70 acclaimed brands like Louis Vuitton, Christian Dior and Sephora under its portfolio.

Mark Zuckerberg

Mark Zuckerberg is one of the youngest billionaires on this list and amassed his fortune through Facebook and Social Media. After founding it while attending Harvard, the site quickly took off, reaching an estimated global userbase of close to 3 billion today. Today he serves as CEO for Facebook which also owns WhatsApp and Instagram as well as their virtual reality headset Meta Quest.

Facebook was listed on the stock exchange in May 2012 in one of the biggest technology IPOs ever seen, giving Mark Zuckerberg the opportunity to build his fortune and purchase other companies such as messaging app WhatsApp and virtual reality company Oculus with his wealth.

Zuckerberg is known for living a relatively frugal lifestyle, though he can sometimes be seen driving flashy cars. Together with his wife Priscilla Chan, he invests heavily in childhood education and medical research; additionally they have pledged to donate 99% of the $46 billion Facebook stock that they own as charity donations.

Warren Buffett

Buffett, known as the “Oracle of Omaha,” amassed his fortune through investments in major businesses like insurance provider Geico and battery maker Duracell. Additionally, he owns shares of food giant Heinz as well as Dairy Queen restaurant chain.

Buffett credits his success to reading Benjamin Graham’s classic work Intelligent Investor at age 19, which revolutionized his approach to investing. Buffett describes himself as an unapologetic capitalist who supports both Republican candidates as well as progressive causes such as abortion rights.

Sergey Brin is one of the co-founders of Google and holds a net worth of $104 billion. A Stanford University graduate, Brin co-founded Alphabet with his college friend Larry Page in 1998 and remains on its Board today. Additionally, he established Google X research lab which develops new products like smart glasses and self-driving cars; furthermore he invests in other tech firms including Twitter as an investor.

Larry Ellison

Oracle co-founder Larry Ellison became one of the world’s richest people during his 77-year-old time at Oracle, which he transformed into an industry giant by outwitting competitors, acquiring and merging companies, and adopting an aggressive leadership style.

Ellison remains actively engaged with Oracle, which forms the bulk of his fortune. Alongside holding stakes in this company, Ellison owns ownership stakes in several others including wellness resort Sensei and Hawaiian budget airline Island Air.

He’s made his fortune through real estate investments in San Francisco, Malibu and other parts of the globe, including his massive yacht Rising Sun that once held the title as world’s largest. Ellison built his fortune through technology investments; specifically artificial intelligence (AI). According to Ellison this field will revolutionize both work and play for everyone involved.

Larry Page

Larry Page and Sergey Brin co-founded Google in a Stanford dorm room and worked hard to become one of the leading search engines worldwide. Now worth nearly $104 billion, their share of internet is enormously significant and worth billions more.

Page’s fortune stems primarily from his stake in Alphabet, Google’s parent company. He owns a significant percentage of Alphabet’s non-listed Class B shares that can be converted to publicly traded A shares through special rights offerings; and also approximately 20 million Class C shares that don’t trade publicly on stock markets but can be converted over time into A shares.

Page lives in an expansive $7.2 million estate in Old Palo Alto and enjoys kiteboarding as a recreational pastime. He and his wife own several private jets and take luxurious vacations together – they even host an exclusive Google camp at Verdura Resort in Sicily that costs an exorbitant $2,000 per night!

Sergey Brin

Sergey Brin and Larry Page co-founded Google in 1998 as a search engine that sort web pages by popularity, becoming an instantaneous success that made both men billionaires. Additionally, both went on to serve as presidents of Alphabet Inc, its parent company.

Today, Brin is one of the wealthiest individuals in the world with an estimated net worth of more than $100 billion, mostly thanks to his stake in Alphabet. He currently oversees various special projects at Alphabet such as its Google Glass smart-wearable device.

Brin has amassed millions through investments in other companies such as LVMH Mot Hennessy Louis Vuitton and Twitter, in which he also holds shares. Part of his riches was donated to help researchers develop treatments for Parkinson’s disease; as many other billionaires on this list, his mother suffered from this disease as well. Furthermore, like several of them on this list, Brin is the descendent of immigrants, making donations directly related to refugees through various organizations he and his wife support.

 

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