Billionaire, what does that mean after all? Who are the billionaires of the 21st century? Every year, Forbes publishes the ranking of the richest people in the world. This year, Luisa Kroll and Kerry A. Dolan have summarized the state of capitalism by explaining its situation compared to last year and placing it in a study comprising the last ten years of progression and regression..
Luisa Kroll and Kerry A. Dolan find that capitalism is taking pieces and not just in the headlines. For just the second year of the decade, the number of billionaires and their total wealth have declined. According to the latest figures, there are 2,153 billionaires, 55 less than a year ago.
Of these, a record 994, or 46%, are poorer (relatively speaking) than last year. In total, the ultra-rich total $ 8.7 trillion, a drop of $ 400 billion from 2018. In total, 11% of members of last year’s list, or 247 people, have left. ranks, the maximum since 2009 at the height of the global financial crisis.
Billionaire less: who suffered the most ?
The Asia-Pacific region was the hardest hit, with 60 fortunes falling by 10 digits. The decline was led by China, which has 49 billionaires less than a year ago. Europe, the Middle East and Africa have also lost ground.
The Americas, driven by the resurgence of Brazil, and the United States are the only two regions with more billionaires than a year ago. There is now a record 607 in the United States, which includes 14 of the world’s 20 richest. Jeff Bezos is number 1 in the world again, followed by Bill Gates at number 2.
Billionaire: the new arrivals
Even with strong headwinds, resourceful and relentless entrepreneurs found new ways to enrich themselves: 195 newcomers joined the ranks. The richest newcomer is Colin Huang, founder of Chinese online discount retailer Pinduoduo, which went public in the United States in July. Daniel Ek and Martin Lorentzon of Spotify; James Monsees and Adam Bowen of Juul Labs, Daniel Lubetzky of Kind Bar and Wunderkind cosmetics Kylie Jenner, who is the world’s youngest billionaire at 21.
Billionaire: One by One Presentation, Jeff Bezos
Jeff Bezos is not a social idealist. He is the New York child of the 80s. His vision is portrayed in the movie Wall Street. He comes from the world of traders and his philosophy is that of a winner. The right to make mistakes is zero, the atmosphere around him is belligerent. No revolutionary vision, no particular ideology.
Hence the feeling of an unloved businessman. The same goes for Amazon. In 2012, he pleaded during a meeting with his executives that this image had to change. Will he manage to go beyond marketing campaigns to do so? ?
Billionaire: One by One Presentation, Bill Gates
Bill Gates has a tremendous asset. He is the child of the 60s and was immersed in an ideological context where it made all the difference to display his will to break the established order, to dream of new forms of life.
Today, he only owns 1% of Microsoft’s capital. He and his wife are the head of the largest private charitable foundation in the world. He works to save lives and improve health around the world.
Billionaire: One by One Presentation, Warren Buffett
Known as the Oracle of Omaha, he is one of the most successful investors of all time. The son of a member of the United States Congress, he was the first to buy stocks at the age of 11 and pay taxes at the age of 13. He promised to give 99% of his fortune. In 2018 he donated $ 3.4 billion, much of it to the Friends Bill and Melinda Gates Foundation.
Billionaire: presentation one by one, Bernard Arnault and family
He is one of the largest producers of taste in the world, leading an empire of 70 brands, including Louis Vuitton and Sephora. This patron is the visionary behind the Fondation Louis Vuitton museum designed by Frank Gehry, near Paris, opened in 2014.
Billionaire: one by one presentation, Carlos Slim Helu and family
After buying the Mexican fixed-line company when it was privatized in 1900, the Mexican-trained engineer of Lebanese origin has since enjoyed a virtual monopoly. He owns a significant share of the New York Times.
Billionaire: presentation one by one, Amancio Ortega
He is one of the richest people in Europe and the richest retailer in the world. A pioneer of fast fashion, he owns Zara, Massimo Dutti, Pull & Bear, etc. He invests mainly in real estate in the western world.
Billionaire: One by One Presentation, Larry Ellison
A billionaire who saw his growing nest egg of over $ 10 billion over a year, the Oracle boss, from a working-class Chicago neighborhood, started his business 40 years ago at the age of 33. Thirty years later, his company ranks second after Microsoft, thanks to its database management system. The key to its success, however, is the diversification of its capital, thanks to its aggressive buyback policy..
Billionaire: one-by-one presentation, Mark Zuckerberg
We all know the story of this young man who quit his studies at Harvard to take care of the first social network. There is a very interesting film showing the whole history of the beginnings of Facebook. Maybe you’ve all seen it before. Two years after Facebook breach of contract trial, Mark Zuckerberg named 2010 Person of the Year by Time magazine and most influential person in the world, followed by Steve Jobs.
Billionaire: One by One Presentation, Michael Bloomberg
A former mayor of New York who held the post for many years, his fortune comes from holding his media empire. He created his company bearing his name in 1981. His primary activity was installing financial information terminals in Wall Street institutions. He soon turned to the media. The businessman returned last year to the Democrats he left in 2001 and after becoming independent in 2007.
Billionaire: One by One Presentation, Larry Page
Larry Page along with Sergey Brin, whom he met at Stanford University, created what he would later become Google. One night in the not-so-distant 1995, Larry Page, while still a student, had the idea of trying to download the whole web. This allowed him to examine the links between pages, to see world information the way he saw it, and to write an algorithm that he will call PageRank. He will use it to power a new web search engine called BackRub.
A genius computer scientist, the true visionary and the driving force behind his company, was also a brilliant businessman. He will replace Eric Schmidt to become CEO of Google.
Billionaire: one by one presentation, Charles Koch
He is one of the owners of Koch Industries, the other is his brother David. Each holds 42% of the capital. The company founded by their father in the 1940s of the previous century operates in chemicals and petroleum. It is the second largest privately held company in the United States and the largest unlisted American company. Charles Koch is the oldest of three of the four brothers.
He is the one who takes over the business after their father’s death. In 1983, Charles and David Koch bought the shares of the two other brothers who held only 8% each.
Today, Charles’s son Chase Koch heads the company’s venture capital group, which has also invested in Mesophere and Desktop Metal..
Billionaire: One by One Presentation, David Koch
Recognized philanthropist, David is a donor to the Lincoln Center and the New York Memorial-Sloan Kettering Cancer Center.
Billionaire: one by one presentation, Mukesh Ambani
The richest man in the world, residing in Mumbai, India, has made his fortune in petrochemicals, oil and gas. He chairs the conglomerate Reliance Industries. It was founded by his father Dhirubhai Ambani in the 1960s. Initially, the company operated in textiles..
After the death of his father in 2002, Mukesh Ambani and his younger brother Anil split up the family empire. In 2006, Reliance started a price war in India’s fiercely competitive telecommunications market with the launch of 4G Jio phone service. Jio Reached 280 Million Customers With Free Domestic Calls, Other Super Saver Services, And Virtually Free Smartphones.
Billionaire: presentation one by one, Sergey Brin
Google co-founder Brin worked on database development while Page rated the popularity of web pages based on the number of times they were cited. Since 2015, he has chaired Alphabet, the conglomerate of companies previously owned by Google. The aim is to clarify the various activities and the accounts in order to distribute the risks between the subsidiaries..
Billionaire: presentation one by one, Françoise Bettencourt Meyers and family
The granddaughter of the founder of L’Oréal and daughter of Liliane, who died in September 2017, is the richest woman in the world. With her family, she owns 33% of L’Oréal’s capital. She has been a member of the board of directors since 1997. Françoise Bettencourt Meyers is president of the family foundation which promotes progress in science and art in France.
Billionaire: One by One Presentation, Jim Walton
Son of Sam Walton, the founder of Wal-Mart, the world’s largest retail chain employing 2.2 million people in 28 countries, Jim is the youngest in the Walton family. He is the richest and also chairs Arvest Bank, the family bank. Since 2016, his son Steuart has been a member of the board of directors of Wal-mart.
Billionaire: One by One Presentation, Alice Walton
Alice is Sam Walton’s only daughter. But unlike her brothers, she is not involved in the band’s affairs. She focused on art conservation. In 2011, she opened the Crystal Bridges American Art Museum in her hometown of Arkansas. Crystal Bridges presents works by Andy Warhol, Norman Rockwell and Mark Rothko. His personal art collection is valued in the hundreds of millions of dollars.
Billionaire: One by One Presentation, Robson Walton
Rob is the oldest in the Walton family. He chaired Wal-Mart from 1992 to 2015 but is still a member of the board of directors.
Billionaire: One by One Presentation, Steve Ballmer
A former CEO of Microsoft, he made his fortune in IT. When he joined Microsoft in 1980, without ever completing his MBA at Stanford, he was just Employee No. 30. Ballmer oversaw Microsoft at a difficult time after the first dot.com crash and thanks to efforts to intercept Google in research and Apple in mobile phones.
That same year, he retired from Microsoft and bought the Los Angeles Clippers, an NBA basketball franchise, for $ 2 billion. Since 2014, he has developed his philanthropy, investing more than $ 2 billion in a donor-advised fund, with the goal of lifting Americans out of poverty..
Billionaire: one by one presentation, Ma Huateng
Known as Pony Ma, Ma Huateng, chairs internet giant Chinease, Tencent Holdings, which is among the nation’s largest companies by market capitalization. He also co-founded Tencent in 1998.
Tencent’s social messaging app, WeChat, has more than one billion users. The group listed their music streaming on the New York Stock Exchange in December 2018. Unlike their Alibaba rival, Jack Ma, Pony Ma prefers to keep a low-key style. This can be explained by the fact that he is an engineer by training.
The next 20 billionaires on the billionaire list
They will only be presented by name and function. In 21st position is Jack Ma, former English teacher, co-founder and chairman of Alibaba. Then Hui Ka Yan, one of China’s biggest real estate developers who put Evergrande on the public market. The 23rd are Beate Heister and Karl Albrecht Jr., the buyers of Aldi (similar story from Wal-Mart).
In 24th position is Sheldon Adelson, owner and CEO of Las Vegas Sands, an empire in the casino business. Then, Michael Dell (the computers).
The 26th are Phil Kinght and family, founder of Nike.
Followed by David Thomson and family (Reuters founded by grandfather). Li Ka-shing is the 28th (plastic company). Lee Shau Kee (Hendersen Land Development), also a great philanthropist, holds 29th position.
François Pinault and family are in 30th position.
Joseph Safra is No. 31 but he is the richest banker in the world. Natural gas producer Leonid Mikhelson from Novatek is No.32. Jacqueline Mars (candy and candy) is 33rd. Her brother John Mars follows her. In 35th position are Jorge Paulo Lemann and family (investment bank, Burger King, Heinz, Kraft).
Azim Premji holds the 36th position (number 3 in outsourcing in India). Dietar Schwarz (Kaufland, Lidl) is 37th. Wang Jianlin (real estate, finance, cinemas) is in 38th place. Giovanni Ferrero (Nutella, Kinder, Tic Tac) takes the 39th position.
and Elon Musk (Tesla Motors) hold the last four places up to number 40 in the standings.