Brief Profile Of The Top 10 Richest Men In The World 2016

Brief Profile Of The Top 10 Richest Men In The World

October 2016

These are the top 10 richest men in the world (2016)

1. Bill Gates

William Henry ”Bill” Gates is an american business man, entrepreneur, investor, author, phlanthropist, and the owner of Microsoft. He was born on October 28, 1955 in Seattle, Washington, USA, and is worth an estimated $81.7Billion.

Brief Profile Of The Top 10 Richest Men In The World 2016
Top 10 Richest Men In The World 2016 – Photo Source:

He was the wealthiest man in the world from 1995 to 2007, then in 2009, and has been since 2014. Bill Gates attended Lake Side School and graduated in 1973.

He was also a National Merit Scholar, scored 1590 out of 1600 on the SAT, and enrolled at Harvard College later in 1973.

Bill later dropped out of Havard with his friend Paul Allen to provide himself with time to focus on his dreams in technology.

Their partnership was called ”Micro-soft”. Microsoft was later registered as a company. Bill stepped down as Chairman of Microsoft in February 2014 (after previously stepping down as CEO of the company); taking on a new post as technology adviser to support newly appointed CEOs of the company.

He has left his mark in the world of software development and ICT. A mark with incredibly little chances of fading any time soon.

2. Amancio Ortega

Amancio Ortega Gaona was born on the 28th of March 1936 in Busdongo de Arbás, León, Spain. He was the youngest of four children.

Currently the richest person in Europe (worth $80billion), Ortega is the founder and chairman of Inditex fashion group, best known for its chain of Zara clothing and accessories retail shops.

He spent his childhood in León, left school and moved to La Coruña at the age of 14 due to the job of his father. He soon found a job as a shop hand for a local shirtmaker and learned to make clothes by hand.

In 1972, he founded Confecciones Goa, selling quilted bathrobes. In 1975 he opened his first Zara store.

Ortega lives a simple lifestyle and keeps a very low profile. Until 1999, no photograph of Ortega had ever been published.

Ortega announced his imminent retirement from Inditex (he owns 59.29%) in 2011.

3. Jeff Bezos

Jeff Bezos (born January 12, 1964) is the Founder, Chairman and CEO of is an online platform for sales of books and other products, and recently video streaming.

The World’s Billonaires ranks him as the second richest person in the world at $71billion, but on Forbes’ rich list, he is on the 5th position. However,his net worth as of now puts him on third on our list.

Bezos was born Jeffery Preston Jorgensen but his mother remarried, and her new husband Miguel Bezos legally adopted him as his son.

Bezos graduated from Princeton University with two Bachelor of Science degrees in electrical engineering and computer science.

After graduating from Princeton in 1986, he worked on Wall Street in the Computer Science field. Then he worked on building a network for international tradefor a company known as Fitel.

He next worked at Bankers Trust. Later on he also worked on Internet-enabled business opportunities at D. E. Shaw & Co.

He started in 1994, setting up in his garrage. In 2000 in founded Blue Origin and purchased The Washington Post in 2013.

4. Warren Buffet

Warren Edward Buffet, also known as the ”Oracle of Omaha” for his investment prowess, was born on the 30th of August, 1930 in Omaha, Nebraska. He was the second of three children and the only boy.

At an early age, Buffet sold soft drinks and had a paper route, investing the earnings in 40 acres of land and rented them out.

He went to the University of Pennsylvania and later transferred to the University of Nebraska where he eventually graduated. In a bid to obtain a graduate degree, Buffet applied to Havard, but was rejected. He was later accepted into Columbia.

He studied under Benjamin Graham, the father of Value Investing. Upon graduation, Graham first refused to hire Buffet, but later hired him after he spent some time in his father’s brokerage firm.

Buffet started to practicalize theories in Value investing even taking it a tad further.

In 1956, he returned to Omaha and created Warren Buffet Associates and purchased a house. At 30, he was already a millonaire. Warren Buffet, the Chairman and CEO of Berkshire Hathaway is currently worth $66.4 billion.

5. Mark Zuckerberg

Mark Zuckerberg (born May 14, 1984) is the co-founder of Facebook and the sixth (now fifth) richest man in the world according to the Forbes rich list… also the World’s youngest billonaire.

He is an American Programmer, Internet entrepreneur and philantropist. His networth is estimated to be $55.3 billion as at October 2016, which currently makes him the fifth richest man in the world.

Mark was born in White Plains, New York but was brought up with his three sisters in Dobbs Ferry.

Mark Zuckerberg is an atheist.

Mark, along with his college roommates at Harvard launched Facebook in the Havard Dormitory rooms and later introduced it to other campuses.

Then Facebook began to expand rapidly, and as should be expected, Mark Zuckerberg faced many legal disputes from the others that were involved in the developmental phase of Facebook, who claimed a share in the company.

Zuckerberg began using computers and writing softwares in middle school. His father taught him Atari BASIC Programmingin the 1990s, and later hired software developer David Newman to tutor him privately.

Newman calls him a ” prodigy”, adding that it was “tough to stay ahead of him”. Zuckerberg took a graduate course in the subject at Mercy Collegenear his home while still in high school.

He enjoyed developing computer programs, especially communication tools and games. In one program, since his father’s dental practice was operated from their home, he built a software program he called “ZuckNet” that allowed all the computers between the house and dental office to communicate with each other. It is considered a “primitive” version of AOL’s Instant Messenger, which came out the following year.

Zuckerberg launched Facebook from his Harvard dormitory room on February 4, 2004. Facebook has since grown to become the largest online social media platform in the world.

6. Larry Ellison

Larry was born on August 14, 1944 in Manhattan, New York, in the United states. He is currently the Executive Chairman and Chief Technology officer of Oracle Corporation, a company he was the cofounder of and was CEO until September 2014.

He is presently worth 51.2 billion dollars. Larry grew up in Chicago but was born in New York. He studied at the University of Illinois. Oracle is a data base vendor.

7. Carlos Slim Helú

Carlos Slim Helú, born on the 28th of February 1940, was the richest man in the world from 2010 to 2013. He was born in Mexico City, Mexico, and presently resides in the city. He is presently estimated to be worth about $50billion.

He is the Chairman and CEO of Telmex and América Móvil. Slim has investments in a vast array of industries including real estate, transportation, media, hospitality etc.

Carlos Slim’s investments account for about 40% of listings on the Mexican Stock Exchange.

Carlos Slim Helú who started his career as a stock trader in New Mexico after graduating from College. He slowly understood the concept of compound interest and soon, companies thriving in real estate, soft drinks, printing and construction attracted Slim’s focus. He later diversified into other industries including Airlines, Auto mobile parts, etc.

Carlos Slim is not the World’s 4th richest man behind Warren Buffet, Amancio Ortega and Bill Gates.

8. Charles Koch

Charles de Ganahl Koch was born on November 1, 1935. He is co-owner, Chairman and CEO of Koch Industries. He is thr brother of David Lock, the Executive Vice President of the same company.

They both own 42% of the conglomerate which they inherited from their father. Charles was born and lives in Wichita, Kansas, US, and went to the Massachusetts Institute of Technology. He is worth 44.2 billion dollars.

9. David  Koch

David Hamilton Koch, like his brother is a businessman, philanthropist, and Chemical engineer, born on the 3rd of May, 1940.

He joined Koch industries in 1970 and became the president of the Subsidiary Koch Engineering in 1979 and also became Co-owner with his brother Charles in 1983. He also went to the Massachusetts Institute of Technology. He is worth 44.2 billion dollars.

Both brothers have interests in politics.

10. Michael Bloomberg

Michael Rubens Bloomberg is the founder, CEO and owner of Bloomberg LP, the global financial and media company. He was born on the 14th of February 1942 in Boston, Massachusetts in the United States.

He went to the Johns Hopkins University and the Harvard Business School. He served as the 108th mayor of New York City for three consecutive terms beginning from 2001.

Bloomberg is worth 43.3 billion dollars.

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Eric Arthur

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