Top 10 Richest People in the World 2014
While most of the world is busy earning barely enough to last them in the race of survival, there are few lucky ones who dared to dream and now enjoy being wealthy. These people are the ones that more or less control the things you do in day to day life, from the shopping you do at Wal-Mart to the cream you apply to your face from L’Oreal to computer software you use in the office produced by Microsoft. You’ll not only find out which lucky 10 are the richest people in this world but you’ll also get to know how they got here and how giving are these people through their philanthropic activities. Here is the list of top 10 richest people in the world.
10.Stefan Persson – $28 billion
Born in Stockholm, Sweden on 4th October, 1947, Stefan Persson is the richest Swedish in the world. He is the main shareholder of the company Hennes & Mauritz (H&M). H&M is basically a multinational retail clothing company which deals in clothes for everyone from men, women to children. Stefan’s father, Erling Persson founded the company in 1947 and Stefan himself took over in 1982 and was H&M’s CEO till 1998. He owns substantial stake in the company and that makes him owner of $28 billion. Stefan is also keen on going charity work apart from owning properties and other things from his large wealth.
9. Christy Walton & Family – $28 billion
Born in 1955, Christy Walton is the widow of John T. Walton and resides in Jackson, Wyoming. John Walton was one of the sons of Sam Walton, who founded the company Wal-Mart, which is a chain of large discount departmental stores. John T. Walton passed away in 2005 and Christy inherited his fortune which was estimated as $18 billion back then. Inheritance was in the form of shares whose value kept on increasing as Wal-Mart conquered the retail business and currently her wealth is at $28 billion. She is the 2nd richest woman in the world and she’s also the most charitable female of the world. From 2002-2006 she had donated an estimated $3.5 million to various charities around the world.
8. Liliane Bettencourt & Family – $30 billion
Born in Paris, France on 21st October, Liliane Bettencourt is one of the principal shareholders of L’Oreal. L’Oreal is one of the largest cosmetics and Beauty Company founded by Liliane’s mother, Eugene Schueller in 1909. She died when Liliane was just 5 years old. Liliane joined the company and helped her father in mixing the cosmetics and labeling the shampoos. It is estimated that her wealth is around $30 billion. She is one of the oldest people to be on the rich list. In 1987 Liliane along with her husband and daughter founded the Bettencourt Schueller Foundation which supports and develops medical cultural and humanitarian projects.
7. Li Ka-shing – $31 billion
Born in Chaozhou, China on 13th June, 1928, Sir Ka-shing Li is an investor and Hong Kong business guru. He’s the chairman of Hutchison Whampoa Limited which is an invest holding company based in Hong Kong itself. Cheung Kong Group holds about 49.97% stake in HWL. Cheung Kong Group is owned by Li Ka-shing who is the chairman of the company. Being the main man behind 2 big firms makes Li’s wealth at an estimated cost of $31 billion. Li Ka-shing is also a philanthropist and has donated over $200 million to various charities around the world in the field of medical science and education. Li is considered as one of the most powerful Asian public figures.
6. Charles and David Koch – $34 billion
Charles and David Koch are brothers who own Koch industries which they inherited from their father Fred C. Koch in 1966. Fred Koch was an American chemical engineer who founded and oil refinery which later became Koch industries. Charles Koch serves as CEO of Koch industries while his younger brother David is the executive vice president of the same. It is the 2nd largest privately owned company in the United States of America as of now. Since taking over the company the brothers have managed to expand it more than 2000 times than it was in 1966. As recently as 2013, both of them are estimated to have wealth of $34 billion.
5. Larry Ellison – $42 billion
Born in Manhattan, New York on 17th August 1944, Larry Ellison is one of many people who jumped on the software phenomenon and became filthy rich. Larry founded Oracle, a software company in 1977 and is now the chief executive officer of the same. With an early investment of just $2000, Larry helped the company grow and now his worth is estimated to be at $42 billion. Oracle is the 2nd largest software company in terms of revenue generated, 1st being the Microsoft. He officially still earns a salary of about $77 million per annum.
4. Warren Buffett – $53.5 billion
Born in Omaha, Nebraska on 30th August 1930, Warren Buffet is considered as the most successful investor of the last century. He is the Chairman and CEO Berkshire Hathaway which is a multinational conglomerate holding company which owns various companies such as GEICO, Dairy Queen, NetJets along with some part of companies such as Heinz and Mars (the chocolate.) He was the richest man in the world in 2008 and is currently the 4th richest with wealth estimated to be at $53.5 billion. Apart from being very rich, he is also very charitable. He is pledged to donate 99% of his wealth via the Gates Foundation.
3. Amancio Ortega – $57 billion
Born in Leon, Spain on 28th March 1936, Amancio Ortega is a fashion mogul. He founded the company called Inditex fashion group which is famously known for its Zara line of clothing and accessories. His wealth is estimated to be at $57 billion as of 2013. Inditex Textile Company is made of many small companies that deal in textile designing. Ortega opened his first Zara store in 1972 and followed it with opening multiple shops in the eighties. Ortega currently owns a 59.29% stake of the company apart from the 6000 stores around the world.
2. Bill Gates – $67 billion
Born in Seattle, USA on 28th October 1955, Bill Gates is probably the most recognizable face in this list. Bill Gates is the founder of Software Company called the Microsoft. He along with few others changed the world in a significant way with their contribution to the world of computers. He is the current CEO and chairman of Microsoft and it is estimated that his worth is around $67 billion. He is also one of the biggest philanthropists of the world and has donated a lot towards medical science.
1. Carlos Slim Helu & Family – $73 billion
Born in Mexico City, Mexico on 28th January, 1940, Carlos Slim Helu is the richest man in the world and is worth $73 billion as of 2013. He owns a stake in many companies through his company called the Grupo Carso. He is currently the chairman and CEO of Telmax and America Movil telecommunications companies. American Movil was Latin America’s largest mobile phone carrier and accounted for $49 billion. He is also a philanthropist and has pledged $4 billion through his foundation Fundacion Telmex for Health, Sports and Education services.