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Friday, 17 May 2019

Top Five Richest Persons of the World

The Top Five Richest Persons in the world are like legends in their respective fields of business. The best thing to know about them is that they do not sit idle and never ever showed laziness in their work. We should also something about them because at a time they were also like us seeing dreams of being Billionaire. The difference is they worked their best for achieving their dreams and many of us just sat idle seeing them.

 Let's see the TOP FIVE of them:-


#5 Carlos Slim Helú & Family

The World's fifth Richest Man is Carlos Slim and he is the current owner of American Movil. His net-worth is of $60 B today(17 th May, 2019 ) . Also, he is holding a stack in Telmex ,which was the only mobile company in Mexico, and is now a part of American Movil. Besides, he also holds stacks in Mexican construction, consumer goods, mining & real estate companies & 17 % of The New York Times. The Soumaya Museum of Mexico City is Carlos Slims's electric art collection's museum. The design of museum was made by Carlos Slims's Son-in-law Fernando Romero.

#4 Warren Buffett
Warren Buffett is the present Fourth Richest Man of the World. He is the CEO and owner of Berkshire Hathaway, which is a conglomerate company that holds multitudes of companies. This company is veru much related to stock market and economy. The net-worth of Warren Buffett is $ 82.5 B. The Companies owned by Berkshire Hathaway are more than 60 including Geico, Duracell and Dairy Queen. He bought his first stock at the age of 11 and first filed taxes at 13.


#3 Bernard Arnault & Family

Bernard Arnault is the current World's Third Richest Man and also the chairman and CEO of LVMH ,Louis Vuitton SE, the world's largest luxury goods company. The man's net-worth is $ 90.1 B. He owns more than 70 brands which also includes Louis Vuitton and Sephora. He also pledged about $220 M for the repair of Notre Dame Cathedral in Paris which was greatly affected by a destructing fire in April 2019. Currently, his daughter Delphine is executive vice president of Louis Vuitton, and also a member of LVMH's executive committee. Also Bernard Arnault is an art collector, investor and a top-class businessman.

#2 Bill Gates
Bill Gates is the former richest man in the world but currently he is at the second number. Bill Gates has founded Microsoft Company along with Paul Allen. At present Bill Gates owns only 1% share of the Microsoft Company, he sold rest of the stake to other. After selling the stocks, he invested in other stocks and assets. Bill Gates' net-worth is of $107 B and holds second position. He has started a foundation with his Melinda Gates for saving lives. The foundation works for welfare of people and maintaining international health, also by working with Rotary International his charitable foundation works for elimination of Polio worldwide.

#1 Jeff Bezos
Jeff Bezos is the world's richest man with his current net-worth $153 B. He is the founder and developer of Amazon, which he started in a Garage in Seattle, and holds only 16% stock of Amazon. He is the current CEO of Amazon. He and his wife MacKenzie, are going to get divorced after 25 years of marriage, and he announced to give her 4% share of Amazon. After lot of endeavours of Jeff Bezos Amazon was successful in making $10 B profit in net-worth in 2018 while it was only $3 B in 2017. Jeff Bezos also owns Washington Post and Blue Origin , which is an aerospace company that develops and makes rockets for commercial uses.

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