5. Amancio Ortega
Net Worth: $77.9 Billion
Amancio Ortega is a Spanish entrepreneur and founder of the Inditex fashion group. Inditex owns Zara, and Zara is one of the most popular clothing chains worldwide.Ortega is now the 5th richest man in the world, after other players on the list have dropped down slightly. However, Ortega’s also lost over $11 billion from his net worth in recent months, and has steadily been regaining it.
4. Warren Buffett
Net Worth: $89.9 Billion
Warren Buffett is an American entrepreneur and investor, and CEO of Berkshire Hathaway. Buffett is the most successful investor worldwide, and millions of other traders look up to him because of his success.
Warren Buffett is the 4th richest man in the world, with an incredible net worth of $89.9 billion. However, despite this fact, Buffett still lives in the home he purchased back when he didn’t even know what a billion dollars looked like.What a humble guy!
Richest People Quotes – Warren Buffett
“I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” – Warren Buffett
3. Bill Gates
Net Worth: $108.8 Billion
Bill Gates is the founder of Microsoft, and was the richest man in the world for several years running. Gates founded Microsoft in 1975 with Paul Allen, and has since become the largest PC software company worldwide.
Gates’ net worth has been pretty stagnant since he reached the $100 billion mark; so stagnant in fact that he’s fallen another spot, down to 3rd on this list.
Richest People Quotes – Bill Gates
“Success is a lousy teacher. It seduces smart people into thinking they can’t lose.” – Bill Gates
2. Bernard Arnault
Net Worth: $112 Billion
Bernard Arnault is the CEO of LVMH (Louis Vuitton Moet Hennessey).
Ultimately, the company was formed from merging the two businesses together. Louis Vuitton is the very successful luxury fashion brand, and Moet Hennessey is the merged champagne and cognac manufacturers.
Bernard has been making serious movements up this list in the past year. In fact, at the beginning of 2017, he was at 14th. Now, a full 3 years later, he’s placed at 2nd on the list of the 20 richest people on earth in 2020.
1. Jeff Bezos
Net Worth: $117.5 Billion
Jeff Bezos is the founder of Amazon, one of the biggest and most popular companies on the web. Amazon started as a simple online bookstore in Jeff’s bedroom, and the initial sales were slow.
In 2020, Jeff Bezos has become the richest man in the world, after adding a whopping $40 billion to his net worth last couple of years! Amazon is making major moves, after recently acquiring Wholefoods, launching drone shipping and a bunch of other strong ideas.
Bezos recently divorced his wife MacKenzie; after which she received 4% of Amazon, which is worth billions, and yet it still hasn’t knocked him off the top spot.
Jeff Bezos is the first man ever to reach the $100 billion mark, which is just insane! Keep reading below to view a complete summary of the richest people in 2020.
Richest People Quotes – Jeff Bezos
“There are two kinds of companies, those that work to try to charge more, and those that work to charge less. We will be the second.”
Finally, Here’s a quick recap of the top 25 richest people in the world in 2020:
- Jeff Bezos
- Bernard Arnault
- Bill Gates
- Warren Buffett
- Amancio Ortega
- Larry Ellison
- Mark Zuckerberg
- Carlos Slim Helu
- Larry Page
- Sergey Brin
- Mukesh Ambani
- Steve Ballmer
- Francoise Bettencourt Meyers
- Michael Bloomberg
- Jim Walton
- Alice Walton
- S. Robson Walton
- Jack Ma
- Ma Huateng
- Charles Koch
- Sheldon Adelson
- Phil Knight
- David Thomson
- MacKenzie Bezos
- Michael Dell
Jeff Bezos’ reign as the richest man in the world continues.
How many of these people did you originally expect to be on this list of the richest people in the world? Leave a comment below.