Top 50 Richest People In The World 2020 {Net Worth}

An update on the list of the 50 richest people in the world and their net worth. Across the world, many business magnates continually increase in wealth and this has created strong competition on the global wealth ladder. Statistics are provided regularly about the richest people in the world and the magnitude of wealth each of them currently boasts of. In this regard, the list of world’s richest people is subject to change, and billionaires are bound to overtake each other.

Only in the recent past, Jeff Bezos (Amazon’s CEO) saw a whopping increase of nearly $40 billion in his net worth and this has made him the world’s richest person ahead of Bill Gates and other billionaires.

In this article, we have compiled a well-researched list on The Top 50 Richest People in the World 2020 based on Forbes’ rankings. First, let’s take a look in detail at the top 10 before listing out the complete top 50 of the world’s wealthiest men and women.

Top 50 Richest People In The World And Their Net Worth 2020

No. Name Country Worths In Dollars Industries
1. Jeff Bezos USA $152.9 Billion Technology
2. Bill Gates USA $108.4 Billion Technology
3. Bernard Arnault France $103.2 Billion Retail & Fashion
4. Mark Zuckerberg USA $84.2 Billion Technology
5. Warren Buffett USA $71.4 Billion Diversified
6. Amancio Ortega Spain $66.9 Billion Diversified
7. Steve Ballmer USA $66.7 Billion Technology
8. Larry Ellison USA $65.9 Billion Technology
9. Larry Page USA $63.7 Billion Technology
10. Sergey Brin USA $62 Billion Technology –
11. Michael Bloomberg USA $60.1 Billion Financial Services/Media
12. Mukesh Ambani India $59.5 Billion Technology
13. Francoise Bettencourt Meyers France $58.9 Billion Fashion
14. Carlos Slim Helu Mexico $54 Billion Consumer
15. Jim Walton USA $53 Billion Retail
16. Alice Walton USA $52.6 Billion Retail
17. Robson Walton Spain $52.4 Billion Retail
18. Mackenzie Bezos USA $49.9 Billion Technology
19. Ma Huateng China $49.4 Billion Tech/Media
20. Charles Koch USA $47.6 Billion Koch Industries
21. Jack Ma Rep. Of China $43.6 Billion Technology
22. Elon Musk USA $40.4 Billion Tesla-Auto
23. Phil Knight USA $38.6 Billion Technology
24. Beate Heister & Karl Albrecht Jr. German $38 Billion Retail
25. Francois Pinault France $36.6 Billion Luxury Goods
26. David Thomson Canada $35.1 Billion Media
27. Sheldon Adelson USA $32 Billion Entertainment/Real Estate
28. Qin Yinglin China $30.9 Billion Agriculture
29. Dieter Schwarz Germany $30.4 Billion Diversified
30. Hui Ka Yan China $30.3 Billion Real Estate
31. Lee Shau Kee Hong Kong $30.3Billion Real Estate
32. Tadashi Yanai Japan $30.1 Billion Fashion Retail –
33. Michael Dell USA $29.8 Billion Technology
34. John Mars USA $27.4 Billion Retail
35. Jacqueline Mars USA $27.4 Billion Retail
36. Li Ka-Shing Hong Kong $26.8 Billion Real Estate
37. Len Blavantnik USA $26.7 Billion Koch Industries
38. He Xiangjian China $25.5 Billion Technology
39. Giovanni Ferrero Italy $25.5 Billion Retail
40. William Ding China $25.1 Billion Technology
41. Yang Huiyan Rep. Of China $25.1 Billion Diversified
42. Dietrich Mateschitz Austria $24.9 Billion Consumer
43. Alain Wertheimer France $24.9 Billion Fashion
44. Gérard Wertheimer France $24.9 Billion Fashion
45. Masayoshi Son Japan $24.6 Billion Technology
46. Vladimir Potanin Russia $23.9 Billion Metal
47. Takemitsu Takizaki Japan $23.6 Billion  Sensors
48. Leonid Mikhelson Russia $22.7 Billion Gas/Chemicals
49. Joseph Safra USA $22.1 Billion Banking/Finance
50. Jim Simons USA $21.6 Billion Investments
51. Vladimir Lisin Germany $21.5 Billion Steel/Transportation
52. Susanne Klatten Germany $21.1 Billion Diversified

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Details Of Some Of The Richest Men In The World 2020

  • 1. Jeff Bezos

    • Net Worth: $152.9 Billion

Jeff Bezos is currently the world’s richest person with a whopping net worth of $152.9 billion. Only in the recent past, his net worth experienced the mouthwatering increase of $39.2 billion, giving him the edge to rise above Bill Gates and become the world’s first centi-billionaire.

On several lists of the world’s richest people (including Forbes’ list of richest billionaires), Jeff Bezos has emerged on the top spot and the magnificent boost in his net worth makes him a centi-billionaire in the world.

Though Jeff Bezos has interests in a number of colossal business outfits, the multi-billionaire is best known for his ownership of Amazon -a voluminous e-commerce outfit. Meanwhile, Jeff Bezos’ stake accounts for 16% of the e-commerce outfit.

Established by Jeff Bezos in 1994, Amazon has become one of the world’s biggest e-commerce outfits where book sales are peaking massively.

Prior to his involvement in the online sale of books, Jeff Bezos served as an employee at a hedge fund. Besides Amazon, Jeff Bezos has an unbending taste for space travel, and the fortunate American is committed to improving space technology.  As regards that, Jeff Bezos claims Blue Origin (the aerospace outfit he owns) will convey passengers through a reusable rocket.

54-year-old Jeff Bezos is a self-made billionaire and resident of Seattle, Washington in the United States. A citizen of the United States, Jeff Bezos is a married man blessed with four children. In 2013, Jeff Bezos sacrificed the sumptuous sum of $250 million to acquire the ownership of the Washington Post.

2. Bill Gates

    • Net Worth: $108.4 Billion

Bill Gates is the world’s second-richest person with a net worth of $108.4 billion. He served as the world’s richest person for years until Jeff Bezos’ massive net worth increase withdrew him to the second position. Bill Gates’ net worth is believed to have increased over the years, but it still lags behind Jeff Bezos’ net worth estimated in excess of $100 billion.

Bill Gates’ wealth largely stems from technology. Together with Melinda (Bill Gates’ spouse), Bill Gates serves as the chairperson of the Bill & Melinda Gates Foundation -a charitable organization that has come to be regarded as the largest in the world.

By virtue of its purpose, the Bill & Melinda Foundation helps in facilitating health globally and strives vibrantly to save people’s lives. In conjunction with Rotary International, the charitable organization aims to eradicate polio.

Although Bill Gates has investments in a number of assets and stocks, the 62-year-old American is best known for his shareholding in Microsoft. At the moment, his share in Microsoft is fairly above 1% since he has given away the largest part of it.  

Like Jeff Bezos, Bill Gates is a self-made billionaire and citizen of the United States. A resident of Medina, Washington in the US, Bill Gates is a married man blessed with 3 children. 

3. Bernard Arnault

    • Net Worth: $103.2 Billion

Bernard Arnault has the net worth of $103.2 billion, distinguishing him as the fourth richest person in the world. By and large, he is a globally recognized taste-maker who controls numerous brands among which are Sephora and Louis Vuitton.

Only in a single year, Bernard Arnault experienced a whopping $30.5 billion increase in net worth, placing him among the Top 10 Richest Men in the World. Meanwhile, the colossal increase is said to have stemmed from the record outcomes at LVMH plus the sumptuous deal to acquire the largest part of Christian Dior.

A 69-year-old resident of Paris, France, Bernard Arnault has LVMH as the mainstay of his wealth and the French magnate has appeared among the most powerful people in France. He graduated from Ecole Polytechnique de Paris with a Bachelor’s degree in Arts. Currently, he is a married man blessed with 5 children.

5. Mark Zuckerberg

    • Net Worth: $ 84.2 Billion

Mark Zuckerberg is globally recognized as the CEO of Facebook and the massive net worth of $61 billion gives him the 5th position on Forbes’ list of the world’s richest billionaires.

Like Bill Gates, Mark Zuckerberg dropped out of Harvard University. While he was only a 19-years-old, he created Facebook in 2004, and today, the social network is arguably considered the biggest in the world.

A 33-year-old self-made billionaire, Mark Zuckerberg launched Facebook at Harvard University as a platform for his colleagues to measure up names to faces. At the moment, Zuckerberg’s stake accounts for approximately 17% of Facebook’s stock.

Zuckerberg’s emergence into this list is a clear indication that the young American billionaire has experienced a colossal net worth increase resulting from Facebook’s soaring stock.

A resident of California, US, Mark Zuckerberg is a married man with two children. Following the footsteps of several multi-billionaires, Zuckerberg and Priscilla Chan (Zuckerberg’s spouse) are committed to charitable donations. With regard to that, they have promised to give out 99% of their Facebook stake in charity.

  • 5. Warren Buffett

    • Net Worth: $71.4 Billion

Warren Buffett -often dubbed the ”Oracle of Omaha” -is the third richest person in the world and his current net worth stands at $71.4 billion. Regarding his massive fortune in the field of investment, Warren Buffett has been named one of the all-time successful investors in the world.

87-year-old Warren Buffett is a child of a U.S congressman and he is said to have started investing at the age of 11 when he purchased his first stock.

Warren Buffett, who is widely seen as a philanthropist, controls Berkshire Hathaway -a voluminous company with over 60 sub-companies among which are Dairy Queen (a restaurant chain), Duracell (a battery manufacturer) and Geico (an insurance company).

  With intense devotion towards charity, Warren Buffett has pledged to donate over 99% of his wealth and as regards this, the American philanthropist has donated almost $32 billion. In 2010, Warren Buffett joined hands with his fellow billionaire Bill Gates in setting up the Giving Pledge. Meanwhile, the Omaha-based man has implored otherworldly billionaires to contribute 50% of their wealth to charity. Without any doubt, Warren Buffett has struck a significant landmark as one of the most influential philanthropists in the world.

6. Amancio Ortega

    • Net Worth: $66.9 Billion

Amancio Ortega’s net worth stands at $60.3 billion. In Europe, Amancio Ortega is considered one of the wealthiest people and his colossal net worth makes him the world’s richest retailer.

In 1963, Ortega started his business career as a member of a mini family-owned firm producing textiles. Together with Rosalia Mera (his wife), Amancio Ortega founded Inditex which is widely recognized for its Zara fashion group. Meanwhile, the establishment of this fashion outfit has made Ortega an innovator in fast fashion.

An 81-year-old Spaniard and resident of La Coruna, Spain, Amancio Ortega is a married man with three children. Annually, Ortega’s dividends are estimated in excess of $400 million. With much concentration on investments, the Spanish billionaire has channeled his dividends into real estate. Meanwhile, these investments span across popular regions including Miami, Madrid, New York, Chicago, London, and Barcelona.

Ortega’s stake accounts for 60% of the overall shareholding in Inditex -a renowned company controlling 8 global brands among which are Pull & Bear and Massimo Dutti.

8. Larry Ellison

    • Net Worth: $65.9 Billion

Larry Ellison has a net worth of $58.4 billion recorded as of March 6, 2018. He is a software magnate and co-founder of Oracle -a software company established in 1977 with a view to providing management databases pertaining to the customer relationship.

Until 2014, Larry Ellison served as the CEO of Oracle and currently, he still serves authoritative roles as chief technology officer as well as the chairman of Oracle’s board.

In 2016, Oracle sacrificed the sum of $9.3 billion to acquire Netsuite -a firm concerned with cloud software. Meanwhile, this significant deal has integrated Oracle’s involvement in cloud computing.  Earlier on and precisely in 2010, Oracle had sacrificed the sum of $7.4 billion to acquire Sun Microsystems and this had integrated its involvement in hardware.

A 73-year-old citizen of the United States, Larry Ellison is a self-made billionaire and the tenth richest person on Forbes’ list of World’s Billionaires. Currently, the software magnate is a divorcee with two children.

As part of his charitable objectives, Larry Ellison made a pledge in 2016 implying that he would donate the sum of $200 million to the University of Southern California. Meanwhile, this was aimed at the establishment of a centre for cancer treatment.

14. Carlos Slim Helu

    • Net Worth: $54 Billion

Carlos Slim Helu comes seventh on Forbes’ list of World’s Billionaires. A telecom magnate considered the richest man in Mexico, Slim Helu has a massive net worth of $54 billion. Together with his family, Carlos Slim Helu oversees America Movil which is unarguably the biggest telecom company in Mexico.

In 1990, Carlos Slim Helu joined hands with foreign telecom tycoons and purchased a share in Telmex -the only Mexican company producing phones. Today, Telmex now operates as a subsidiary of America Movil.

Slim Helu’s stake accounts for 17% of the New York Times and besides telecommunications, the Mexican magnate has shares in other areas including real estate, construction, mining, consumer goods.

78-year-old Slim Helu is a self-made billionaire and resident of Mexico City, Mexico. Regarded as one of the most powerful Mexicans, Carlos Slim Helu is a widower with 6 children. He graduated from Universidad Nacional Autonoma de Mexico with a bachelor’s degree in Arts/Science.

Fernando Romero (a son-in-law to Slim Helu) built the Mexico-based Soumaya Museum which houses Slim Helu’s enormous art collection.

20. Charles Koch

    • Net Worth: $47.6 Billion

Charles Koch is the CEO and chairman of Koch Industries and has been maintaining his position since 1967. He is currently worth $47.6 billion and his conglomerate (Koch Industries), is the second-biggest private company in the United States.

Koch Industries maintains the revenue of $100 billion and this stems from diverse businesses of which are chemicals, pipelines, Stainmaster carpets, Brawny paper towels, and Dixie cups.

Koch Industries was established by Fred Koch (the father of Charles Koch) in the early 1940s. Fred Koch integrated a technique of processing heavy oil into gasoline. Currently, Charles Koch’s stake accounts for 42% of Koch Industries and this is the same amount of stake his brother (David) owns in the firm. In 1983, the duo joined hands and bought stakes for their two other brothers in Koch Industries.

84-year-old Charles Koch is a self-made billionaire and resident of Wichita, Kansas. He is currently a married man with two children. So far, Charles Koch has channeled funds into several think tanks among which are the American Enterprise Institute, the Heritage Foundation, and the libertarian Cato Institute.

That’s all about The Top 50 Richest People In The World 2020.


Tags: Top 50 Richest Persons In The World, Net Worth And Country Of Origin, Wealthiest Men / Women In The World 2020