Top 15 richest peoples on earth 2016

8 mark zuckerberg
8 mark zuckerberg

The top wealthiest 50 people in the world control a staggering portion of the world economy: $1.46 trillion — more than the annual GDP of Australia, Spain, or Mexico.

It is according to new data which is provided to Business Insider by Wealth-X, a database which conducts research on super wealthy. Wealth-X maintains a database of dossiers on more than 110,000 ultra-high-net-worth people, using a proprietary valuation model that takes into account each person’s assets, then adjusts estimated net worth to account for currency-exchange rates, local taxes, savings rates, investment performance, and other factors.

In this list  a major part including billionaire of USA, and mostly belongs to tech niche, from tech moguls and retail giants to heirs and heiresses, here are the billionaires with the deepest pockets around the globe.

Top Richest Persons in the World are:

Alice Walton

top richest people on earth

 

Net worth: $33.2 billion

Age: 66

Country: US

Industry: Retail

Source of wealth: Inheritance; Walmart

The daughter of late Walmart founder Sam Walton, Alice Walton holds a major piece of the company fortune, making her the richest woman on earth. Though she never took an active role in running the superstore like her brothers, she’s become the target of pushback from minimum-wage Walmart employees who view her highfalutin lifestyle as insensitive and ignorant to the plights of many workers.

Rob Walton

rob-walton among top richest peoples of the world
Reuters

Net worth: $33.5 billion

Age: 71

Country: US

Industry: Retail

Source of wealth: Inheritance; Walmart

Samuel Robson “Rob” Walton is the oldest son of Walmart founder Sam Walton. He started working at the iconic retail behemoth in 1969, holding positions from senior vice president to general counsel to chairman, a role he stepped down from in June after 23 years on the job. His son-in-law was named as his successor.

Jim Walton

REUTERS/Rick Wilking

Net worth: $34.8 billion

Age: 67

Country: US

Industry: Retail

Source of wealth: Inheritance; Walmart

James “Jim” Walton‘s parents, Helen and Sam Walton, purchased a controlling stake in Arkansas’ Bank of Bentonville the year before opening the first Walmart store in Rogers, Arkansas, in 1962 — when Jim was just 14. Within five years, the family owned 24 of the retail stores and in 1972 listed Walmart on the New York Stock Exchange. In 1975, after working in Walmart’s real-estate department for a few years, Jim joined his parents’ bank, later renamed Arvest Bank Group. He’s now chairman and CEO of the regional community bank, which has $15 billion in assets.

Sergey Brin

Steve Jennings/Getty Images

Net worth: $37 billion

Age: 42

Country: US

Industry: Technology

Source of wealth: Self-made; Google

Along with cofounder Larry Page, Sergey Brin helped facilitate Google’s massive restructuring, which the company announced in August. The move put Google under the auspices of a new holding company called Alphabet, run by Brin as president and Page as CEO. Google’s other ventures, such as Nest and Google X, are now separate companies also under the Alphabet umbrella. The tech giant generated $66 billion in sales in 2014, up more than $10 billion from the year before.

Larry Page

Getty / Justin Sullivan

Net worth: $38.5 billion

Age: 42

Country: US

Industry: Technology

Source of wealth: Self-made; Google

As a Stanford PhD student in 1998, Larry Page teamed up with classmate Sergey Brin to create BackRub, an early search engine. The project eventually morphed into Google — now called Alphabet — one of the largest and farthest-reaching companies in the world, worth more than $500 billion.

Ingvar Kamprad

Heribert Proepper/AP

Net worth: $39.3 billion

Age: 89

Country: Sweden

Industry: Retail

Source of wealth: Self-made; IKEA

At 17, Ingvar Kamprad founded IKEA, now the world’s largest furniture retailer with sales exceeding $33 billion. Kamprad’s plan from the beginning was to set up “eternal life” for IKEA, which meant keeping it off the stock market and securing it within a complex corporate structure that includes a charitable arm and a retail and franchise arm, collectively known as Stichting INGKA Foundation. While the Swedish business magnate is no longer directly involved in day-to-day decision-making operations, he still sits in on meetings as senior adviser to the supervisory board.

Michael Bloomberg

Dimitrios Kambouris/Getty

Net worth: $42.1 billion

Age: 73

Country: US

Industry: Financial services

Source of wealth: Self-made; Bloomberg LP

Michael Bloomberg founded his financial-data firm in 1981 following a lucrative career at investment bank Salomon Brothers, which he joined in 1966 after earning his MBA from Harvard Business School. He added a news and media subsidiary to his company in 1990, but even today the bulk of Bloomberg LP’s $9 billion in revenues still comes from the sale of terminals that Wall Street traders rely on for the most up-to-date financial and market information.

Mark Zuckerberg

Steve Jennings/Getty

Net worth: $42.8 billion

Age: 31

Country: US

Industry: Technology

Source of wealth: Self-made; Facebook

In 2004, Mark Zuckerberg, then a 19-year-old sophomore at Harvard, launched TheFacebook.com, a rudimentary version of the now ubiquitous social network known as Facebook. Zuckerberg dropped out of college to work full-time as Facebook’s CEO, and the site quickly exploded in popularity. Today, it attracts more than a billion users daily and is worth more than $275 billion, hitting all-time stock highs in November after beating earnings expectations. At 31, Zuckerberg is by far the youngest of the 15 richest people in the world.

Larry Ellison

Oracle

Net worth: $45.3 billion

Age: 71

Country: US

Industry: Tech

Source of wealth: Self-made; Oracle

In 1977, Larry Ellison teamed up with two colleagues from an electronics company to start their own programming firm, which landed a contract not long after to build a relational database-management system for the CIA under the project code Oracle. The project grew into what is known today as Oracle Corp., the second-largest software maker behind Microsoft. In 2010, Ellison reduced his annual salary from $1 million to $1, but he still takes in more than $60 million in total compensation thanks to generous stock awards. Ellison stepped down as CEO in 2014 after 38 years on the job and took on the role of chief technology officer.

Charles Koch

Net worth: $46.8 billion

Age: 80

Country: US

Industry: Diversified investments

Source of wealth: Inheritance/self-made; Koch Industries

Charles Koch is chairman and CEO of multifaceted conglomerate Koch Industries, the second-largest private company in America. His younger brother David is the executive vice president. The company employs 100,000 people and generates $115 billion in sales from its diverse company, which makes everything from petrochemicals and Dixie Cups to raw clothing materials.

David Koch

Reuters/Brendan McDermid

Net worth: $47.4 billion

Age: 75

Country: US

Industry: Diversified investments

Source of wealth: Inheritance/self-made; Koch Industries

Along with his brother Charles, David Koch runs Koch Industries as executive vice president. The second-largest private company, $115 billion (in sales) Koch Industries manufactures everything from fertilizer and Dixie Cups to asphalt and biodiesel.

Jeff Bezos

David Ryder/Getty Images

Net worth: $56.6 billion

Age: 51

Country: US

Industry: Tech

Source of wealth: Self-made; Amazon.com

Jeff Bezos earned his massive fortune by introducing e-commerce to the world. After spending time in finance on Wall Street, Bezos founded Amazon.com in the garage of his Seattle home in 1994 and operated it exclusively as an online book retailer. The company went public three years later and has since grown to include everything from furniture to food to Amazon’s own consumer-electronics products, generating $89 billion in sales in 2014.

Warren Buffett

top richest peoples in the world
Steve Pope/Getty Images

Net worth: $60.7 billion

Age: 85

Country: US

Industry: Diversified investments

Source of wealth: Self-made; Berkshire Hathaway

Berkshire Hathaway CEO Warren Buffett started his prodigious investing career at a young age. As a child he delivered newspapers on his bike, and by 11 the precocious Nebraska native had purchased his first shares in the stock market — Cities Service Preferred at $38 apiece — and sold them for a $5 profit. He was rejected from Harvard Business School, so Buffett went to Columbia Business School instead and learned under iconic value investor Benjamin Graham, who would become a mentor to the budding financier. Buffett worked as a securities analyst in the early-1950s before starting his own investment firm. He bought textile company Berkshire Hathaway in 1969, transforming it into a holding company that would house the many lucrative investments that helped build his massive fortune and earn the nickname “The Oracle of Omaha.”

Amancio Ortega

top richest peoples in the world
Miguel Vidal/ Reuters

Net worth: $66.8 billion

Age: 79

Country: Spain

Industry: Retail

Source of wealth: Self-made; Inditex

With a net worth in excess of $66 billion, Amancio Ortega is the second-richest man in the world thanks to his control of the Spanish fashion behemoth Inditex, which Ortega — who started out as a delivery boy for a local clothing store at 14 — turned from a small-town dress shop into one of the largest fashion empires on the planet.

Bill Gates

1-bill-gates

Net worth: $87.4 billion

Age: 60

Country: US

Industry: Tech

Source of wealth: Self-made; Microsoft

At just 20, Bill Gates cofounded Microsoft with his childhood friend Paul Allen. Months before his 31st birthday, the company went public, making Gates a billionaire. He served as CEO of the software titan until 2000 and was its chairman and largest shareholder until 2014. Though he still sits on the company’s board, Gates — whose net worth sits a league above the rest at $87.4 billion — is no longer actively involved in Microsoft.

Gates is not only the richest man in the world, but he’s also the most generous. Since 1999, Gates and his wife have helmed the Bill & Melinda Gates Foundation, one of the most powerful charities in the world. The foundation — which controls an endowment of more than $40 billion — aims to lift millions of people out of poverty, with a heavy focus on eliminating HIV, malaria, and other infectious diseases. The couple is also working on a plan to bring mobile banking to the 2 billion adults who don’t have a bank account. Plus, Gates recently invested alongside Jeff Bezos in Grail, the company that’s creating a blood test to detect every form of cancer.

He’s also cofounder of the Giving Pledge, which he launched in 2010 with good friend and fellow billionaire Warren Buffett as a promise to donate 50% or more of their fortunes. The Giving Pledge now counts Mark Zuckerberg and Elon Musk among its 137 members.

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