70 billion US dollars. Currently 47-years old Page has stepped down from his post as CEO of Alphabet,
the parent company of Google, in December 2019 in order to focus on other ventures.
Larry Page’s philosophy is that if you are rich, you should use your money reserves to make
the world a better place. He doesn’t only talk like this, but he also lives his life this way:
Over the years, Page has invested in a lot of interesting companies before
they became famous. Most notably, he was one of the first to invest into Tesla,
he invested into the asteroid mining company Planetary Resources
and into the startup “Flying Car”, that develops – you guessed it – flying cars.
If you are interested in these kinds of futuristic technologies,
feel free to check out our video on the top 10 most futuristic companies and technologies.
You will see Elon Musk plenty of times in that video with his different companies.
Number nine, Steve Ballmer. Ballmer is Microsoft’s 30th employee and led
the firm as CEO from 2000 until 2014. During this time, he diversified Microsoft – interesting fact,
Microsoft now makes roughly one third of its revenue from cloud services used
by companies! No wonder that Ballmer’s current net worth is a whopping 71 billion US dollars.
Ballmer lives and breathes Microsoft. When one of its previous vice presidents Lee Kai-Fu left
for Google, Ballmer reportedly picked up a chair and threw it across the room, shouting
is also the owner of the basketball team Los Angeles Clippers and a generous philanthropist.
He’s not the only Microsoft guy on this list, you can probably guess who the other one is!
Number eight, Larry Ellison. At a current net worth of 74 billion US dollars,
Larry Ellison became rich and famous through his role as one of the founders of Oracle.
Ellison was the company’s CEO until 2014, when he quit for the calmer
and more background role of chairman of the board and chief technology advisor.
Ellison likes to live the typical billionaire lifestyle. He was married and divorced four times,
he owned the 12th largest yacht in the world until 2012, he is a licensed
pilot and owns several aircraft – out of which two are military jets – and he owns dozens of
multi-million dollar properties, out of which the most impressive one is his 110 million
dollar estate in Woodside, California, that is styled after feudal Japanese architecture.
Number seven, Warren Buffett. After consistently being in the top 3 for years,
Warren Buffett has not profited from the Corona crisis as much as the other billionaires on this
list. The 89-years old is now at the seventh spot with a net worth of 78 billion US dollars.
Buffett is widely seen as the most successful investor of all times.
The sole reason why he is “only” on the number 7 spot is that he has given away
a total of 37 billion US dollars for charitable causes during the last 20 years. If you were to
adjust these donations for compounding interest, Warren Buffet would probably be worth 50 billion
US dollars more if he had not donated anything. Respect for using his money to do a good thing!
Number six, Mukesh Ambani. The richest Indian and number six on our list is Mukesh Ambani,
the chairman of Reliance Industries,
a company that his father founded. Ambani has a current net worth of 79 billion US dollars.
The head company Reliance Industries features a number of companies in different industries.
Most notably, Reliance includes the biggest oil and gas companies in India in addition
to a very popular and influential telecom network company. Oh, and Ambani is also
known for living in the craziest house on the planet – if you are interested in the topic,
check out our video about the top 10 most expensive houses in the world!
Number five, Elon Musk. The legendary Elon musk has finally reached the top five of
the richest people with his current net worth of 92 billion US dollars,
though at the rate that Tesla is currently growing, he could reach
a top 3 spot within a week or so. Musk owns roughly 21% of Tesla at 38.7 million shares,
so a rise in stock price of 100 US dollars would increase his net worth by almost 4 billion!
Aside from Tesla, Musk is also CEO and majority owner of SpaceX, Neuralink and The Boring Company.
The biggest ace up his sleeve is SpaceX: Currently valued at 44 billion US dollars,
Musk owns roughly 54% in the company. If SpaceX continues to reach their goals at a steady pace,
their valuation is going to go to the moon – pun intended. Tesla and SpaceX’s recent success have
opened the possibility for Elon Musk to become the world’s first trillionaire – and this is
after Elon and his two companies were on the verge of bankruptcy in 2008. During that time
Musk even sold his home and lived at a friend’s place to keep the two companies alive.
Number four, Mark Zuckerberg. The CEO and chairman of Facebook sits at a current net worth of 98
billion US dollars, still owning a 15% stake in the massive company that Facebook has become
today. They have really gone a long way ever since they went public in May 2012 – back then,
who believed that Facebook would be the fifth biggest company on the planet in 2020?
Today’s Facebook is not just Facebook, but a social media empire. Did you know that it
also owns Instagram and Whatsapp? Americans probably don’t know this, but basically all
Europeans use Whatsapp as their main means of communication! Also, if you want to know more
about Zuckerberg’s life, have a look at the movie The Social Network. It’s pretty good!
Number three, Bernard Arnault. The rather unknown Bernard Arnault is chairman and CEO of LVMH –
which stands for Louis Vuitton Moet Hennessy – and is currently worth an impressive 112 billion US
dollars, which also makes him the richest European and the richest non-American on the planet.
Arnault has bought the majority of shares in LVMH back in July 1988 – it has turned
out to be a great investment! In total, LVMH consists of more than 70 mostly luxury brands.
Some of the most famous brands that are part of LVMH are liquor brands Belvedere vodka,
Dom Pérignon, Hennessy, Moet et Chandon, watch and jewelry brands Bulgari, Hublot,
TAG Heuer and Tiffany, clothes brands Dior, Fendi, Givenchy, Louis Vuitton, Marc Jacobs
and more. If you like luxury clothes, you probably owns something from at least one of these brands!
Number two, Bill Gates. At a current net worth of 115 billion US dollars, Bill gates is pretty
far off of the number 1 spot, even though he had been the number 1 for years. You probably already
knew it, but the main reason for Gates’s wealth is that he was the main founder of Microsoft.
Today, Bill Gates only owns 1% in Microsoft. He sold the majority of his shares to
invest in stocks and other assets and – most importantly – to pursue philanthropic causes.
While being known as a cold-blooded competitor that would never give an
inch as CEO of Microsoft, he had donated a total of 36 billion US dollars as of 2018
and he and his wife have saved millions of lives through the Bill and Melinda Gates Foundation.
And finally, number one, Jeff Bezos. The richest man on earth is currently at a net worth of 196
billion US dollars, which is almost two times as much as number two. And this is even though
he gave a quarter of his Amazon stakes over to his wife MacKenzie after divorcing her in 2019!
In addition to Amazon, Bezos was also one of the first investors in Google in 1998. Furthermore,
he invests into several healthcare companies – an example of this is Unity Biotechnology,
which aims to slow down or even stop the process of aging. Bezos’s two most famous investments
besides Amazon are the Washington Post and Blue Origin. Blue Origin is Bezos’s answer to SpaceX,
working to build reusable space shuttles. However, as it seems,
Blue Origin is currently years behind SpaceX. At least in that aspect Elon beats his rival.
Thank you for watching our video! As promised,
you can now see the chart that compares the 10 richest people.
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