Thursday, September 7, 2017

Forbes 2017 Billionaires and their biography

It was a record year for the richest people on earth, as the number of billionaires jumped 13% to 2,043 from 1,810 last year, the first time ever that Forbes has pinned down more than 2,000 ten-figure-fortunes. Their total net worth rose by 18% to $7.67 trillion, also a record. The change in the number of billionaires -- up 233 since the 2016 list -- was the biggest in the 31 years that Forbes has been tracking billionaires globally. Gainers since last year’s list outnumbered losers by more than three to one.   

Bill Gates is the number one richest for the fourth year in a row, and the richest person in the world for 18 out of the past 23 years. He has a fortune of
$86 billion, up from $75 billion last year. 
William Henry Gates III (born October 28, 1955) is a co-founder of the Microsoft Corporation and is an American business magnate, investor, author, and philanthropist. In 1975, Gates and Paul Allen launched Microsoft, which became the world's largest PC software company. During his career at Microsoft, Gates held the positions of chairman, CEO and chief software architect, while also being the largest individual shareholder until May 2014. Gates stepped down as chief executive officer of Microsoft in January 2000, but he remained as chairman and created the position of chief software architect for himself. In June 2006, Gates announced that he would be transitioning from full-time work at Microsoft to part-time work and full-time work at the Bill & Melinda Gates Foundation.
Amazon’s Jeff Bezos had the best year of any person on the planet, adding $27.6 billion to his fortune; now worth $72.8 billion, he moved into the top three in the world for the first time, up from number five a year ago.
Jeffrey Preston Bezos ( born January 12, 1964) is an American technology and retail entrepreneur, investor, computer scientist, and philanthropist[5] who is best known as the founder, chairman, and chief executive officer of Amazon.com, the world's largest online shopping retailer.[6] The company began as an Internet merchant of books and expanded to a wide variety of products and services, most recently video streaming and audio streaming.
Warren Buffett had the second-best year, and the biggest gain since Donald Trump was elected president in November 2016. His $14.8 billion jump in 12 months was enough for him to grab back the number two spot from Amancio Ortega.
Warren Edward Buffett (born August 30, 1930) is an American business magnate, investor, philanthropist and the Chief Executive Officer, President, and Chairman of Berkshire Hathaway. He is considered by some to be one of the most successful investors in the world. Born in Omaha, Buffett developed an interest in business and investing in his youth, eventually entering the Wharton School of the University of Pennsylvania in 1947 before transferring and graduating from University of Nebraska–Lincoln at the age of 19. Buffett went on to enroll and graduate from Columbia University where he learned and eventually molded his investment philosophy around a concept pioneered by Benjamin Graham–value investing. 
 Amancio Ortega founder of Spanish clothing chain Zara. Ortega’s fortune was up $4.3 billion since last year, but he still fell to fourth in the world, unable to keep up with the outsize gains of others.  
Amancio Ortega Gaona ( born 28 March 1936) is a Spanish business tycoon. He is the founder and former chairman of Inditex fashion group, best known for its chain of Zara clothing and accessories retail shops. He left school and moved to A Coruña at the age of 14, due to the job of his father, a railway worker. Shortly after, he found a job as a shop hand for a local shirtmaker called Gala, which still sits on the same corner in downtown A Coruña, and learned to make clothes by hand. In 1972, he founded Confecciones Goa (his initials in reverse), selling quilted bathrobes which Ortega produced using thousands of local women organized into sewing cooperatives. 

References: www.forbes.com
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