1. Elon Musk
Elon Reeve Musk FRS (born June 28, 1971) is a business mogul and entrepreneur. He is the co-founder of Neuralink and OpenAI, as well as the founder, CEO, and Chief Engineer of SpaceX. He is also an early-stage investor, CEO, and Product Architect of Tesla, Inc., and the founder of The Boring Company. As of February 2022, he was believed to have a net worth of roughly US$224 billion. According to the Bloomberg Billionaires Index and the Forbes real-time billionaires list, Musk is the wealthiest person on the planet.
Musk was born in Pretoria, South Africa, to a Canadian mother and a South African father. He attended the University of Pretoria for a short time before emigrating to Canada at the age of 17 to evade conscription. He began his studies at Queen's University before transferring to the University of Toronto.He graduated from the University of Pennsylvania with a bachelor's degree in economics and physics two years later. In 1995, he came to California to attend Stanford University, but instead chose to pursue a business career, co-founding Zip2 with his brother Kimbal. In 1999, Compaq bought the company for $307 million. Musk co-founded X.com, an online bank, in the same year, which merged with Confinity to establish PayPal in 2000. In 2002, eBay paid $1.5 billion for the company.
Business Career
With financing from angel investors, Musk, Kimbal, and Greg Kouri created online software business Zip2 in 1995.
They set their shop in Palo Alto in a small rented office.
For the newspaper publishing industry, the company created and marketed an Internet city guide with maps, directions, and yellow pages.
Musk claims that he couldn't afford an apartment before the company became successful, so he rented an office, slept on the couch, showered at the YMCA, and shared one computer with his brother.
"The website was up during the day and I was coding it at night, seven days a week, all the time," Musk explained.
The Musk brothers persuaded The New York Times and The Chicago Tribune to hire them, and they were successful.
The board of directors has decided to scrap plans to merge with CitySearch. Musk's attempts to succeed Chairman Rich Sorkin[46] as CEO were rebuffed by the board of directors. In February 1999, Compaq paid $307 million in cash for Zip2, and Musk received $22 million for his 7% stake.
2. Jeff Bezos
Jeffrey Preston Bezos (/bezos/ BAY-zohss; born January 12, 1964) is an entrepreneur, media mogul, investor, computer engineer, and commercial astronaut from the United States. He is the founder and executive chairman of Amazon, where he formerly served as president and chief executive officer. Bezos is the second-wealthiest person in the world, according to Bloomberg's Billionaires Index, and the third-wealthiest person according to Forbes, with a net worth of around US$176 billion as of February 2022.Bezos graduated from Princeton University in 1986 after being born in Albuquerque and reared in Houston and Miami. He has a bachelor's degree in electrical engineering and a master's degree in computer science. From 1986 to early 1994, he worked on Wall Street in a variety of fields. On a cross-country road trip in late 1994, Bezos started Amazon.
Business Career
Bezos was offered jobs at Intel, Bell Labs, and Andersen Consulting after graduating from college in 1986. He began his career at Fitel, a financial telecoms start-up, where he was entrusted with creating a global trading network. Following that, Bezos was promoted to head of development and then director of the customer service. When he became a product manager at Bankers Trust, he shifted into the banking industry. From 1988 through 1990, he worked there. In 1990, he went to work for D. E. Shaw & Co, a newly formed hedge fund with a significant emphasis on mathematical modeling, where he stayed until 1994. At the age of 30, Bezos became D. E. Shaw's fourth senior vice-president.
3. Bernard Arnault
Bernard Jean Étienne Arnault born 5 March 1949) is a French businessman, investor, and art collector. He is the chairman and CEO of the world's largest luxury goods firm, LVMH Mot Hennessy – Louis Vuitton SE. According to Forbes, Arnault is the world's second-richest person and Europe's richest person as of 31 January 2022, with a net worth of US $192.6 billion.
Business career
Arnault joined Ferret-Savinel in 1971 and served as company president from 1978 to 1984. In 1984, Arnault, then a young real estate developer, learned that the French government was planning to appoint a successor to the Boussac Saint-Frères empire, which controlled Christian Dior.Arnault acquired Financière Agache, a luxury products company, with the help of Antoine Bernheim, a senior partner of Lazard Frères. He became the CEO of Financière Agache and then won the Boussac Saint-Frères bidding war, buying the company for a ceremonial one franc and effectively gaining control of Boussac Saint-Frères. Boussac's holdings included the department store Le Bon Marché, the retail business Conforama, and the diaper producer Peaudouce, in addition to Christian Dior.
After purchasing Boussac, Arnault lay off 9,000 workers in two years, earning him the moniker "The Terminator." He then liquidated almost all of the company's assets, keeping just the Christian Dior name and the department store Le Bon Marché. [requires citation] Arnault was able to bring Financière Agache back to health as a result of the employment losses and changes. By 1987, the corporation had returned to profitability, earning $112 million on a $1.9 billion revenue stream.
4. Bill Gates
William Henry Gates III is an American business entrepreneur, software developer, investor, author, and philanthropist who was born on October 28, 1955. Along with his late childhood friend Paul Allen, he co-founded Microsoft. During his time at Microsoft, Gates served as chairman, CEO, president, and chief software architect, as well as being the company's largest individual shareholder until May 2014. In the 1970s and 1980s, he was a key figure in the microcomputer revolution.
Gates grew up in Seattle, Washington, where he was born and reared. In Albuquerque, New Mexico, he and Allen started Microsoft in 1975. It grew to become the world's largest software company for personal computers. Gates served as chairman and CEO of the corporation until January 2000, when he handed over the reins to Steve Ballmer.
Business career
After seeing the Altair 8800 in the January 1975 issue of Popular Electronics, Gates contacted Micro Instrumentation and Telemetry Systems (MITS) to let them know that he and colleagues were working on a BASIC interpreter for the platform.
Microsoft Corporation is a multinational technology company based in Redmond, Washington, that makes computer software, consumer devices, computers, and related services. The Microsoft Windows operating system, the Microsoft Office suite, and the Internet Explorer and Edge web browsers are among its most well-known software products. The Xbox video game consoles and the Microsoft Surface line of touchscreen personal computers are the company's flagship hardware products. Microsoft was ranked No. 21 in the Fortune 500 list of the largest US corporations by total revenue in 2020; as of 2016, it was the world's largest software maker by revenue. Along with Alphabet, Amazon, Apple, and Meta, it is one of the Big Five American information technology corporations.
5. Larry Page
Lawrence Edward Page (born March 26, 1973) is an Internet entrepreneur and computer scientist from the United States. Along with Sergey Brin, he is best recognised as one of the co-founders of Google. Page was Google's CEO from 1997 to August 2001 (when he stepped down in favour of Eric Schmidt), then from April 2011 to July 2015, when he became CEO of Alphabet Inc. (formed to deliver "significant breakthroughs" as Google's parent company), a position he held until December 4, 2019. He is still a member of the Alphabet board of directors, an employee, and a controlling shareholder.
Google's creation resulted in a tremendous quantity of cash. Page has a net worth of around $123 billion as of February 2022, according to the Bloomberg Billionaires Index, making him the fifth-wealthiest person in the world.
Business career
Brin and Page scraped together enough money from faculty, family, and friends to buy some servers and rent the iconic Menlo Park garage... [shortly after], Sun Microsystems co-founder Andy Bechtolsheim issued a $100,000 check to "Google, Inc." The only difficulty was that "Google, Inc." didn't exist yet because it hadn't been incorporated. The young men had nowhere to deposit the money for two weeks while they dealt with the paperwork.
In 1998, Brin and Page founded Google, Inc.[46] with the domain name "Googol," which was generated from a number consisting of one followed by one hundred zeros, symbolizing
the immense amount of data that the search engine was designed to investigate. Following the company's founding, Page proclaimed himself CEO, while Brin was named Google's co-founder., who was the president of Google at the time. Nicholas Carlson, a writer, published a piece in 2014.
6. Warren Buffett
Warren Edward Buffett Born august 30,1930 ( Berkshire Hathaway is currently led by him as chairman and CEO. He is regarded as one of the world's most successful investors, with a net worth of about $114 billion as of February 2022 making him the eighth-wealthiest person on the planet.
Buffett was born in Omaha, Nebraska, in the United States. In his adolescence, he developed an interest in business and investing, eventually enrolling at the University of Pennsylvania's Wharton School in 1947 before moving to and graduating from the University of Nebraska at the age of 19. He went on to Columbia Business School, where he based his financial strategy on Benjamin Graham's pioneering concept of value investing. HeTo focus his economics background, he went to the New York Institute of Finance, and soon after, he formed different business partnerships, including one with Graham. In 1956, he founded Buffett Partnership, Ltd, which later bought Berkshire Hathaway, a textile manufacturing company, and adopted its name to form a diversified holding company. Buffett hired Charlie Munger as his vice-chairman in 1978.
Business Career
Buffett worked as an investment salesman at Buffett-Falk & Co. from 1951 to 1954, as a securities analyst at Graham-Newman Corp. from 1954 to 1956, as a general partner at Buffett Partnership, Ltd. from 1956 to 1969, and as Chairman and CEO of Berkshire Hathaway Inc. from 1970.
Buffett discovered Graham on the board of GEICO insurance in 1951. On a Saturday, he took the train to Washington, D.C. and knocked on the door of GEICO's headquarters until a custodian let him in. He met Lorimer Davidson, vice president of GEICO, and the two talked about insurance for hours. After only a few meetings with Buffett, Davidson would become a longtime friend and a significant effect on him, later recalling that he found him to be a "amazing man."
7. Sergey Brin
Sergey Mikhailovich Brin (born August 21, 1973 in Moscow, Russia) is an American businessman, computer scientist, and Internet entrepreneur. He was a co-founder of Google with Larry Page. Brin was the president of Google's parent company, Alphabet Inc., until December 3, 2019, when he stepped down. He and Page are co-founders, controlling shareholders, board members, and workers of Alphabet. Brin has an estimated net worth of $118 billion as of February 2022, making him the world's seventh-richest person.
Business career
Brin is working on a number of other, more personal initiatives outside of Google. For example, he and Page are working at Google.org, the company's philanthropy arm, to assist tackle the world's energy and climate concerns by investing in renewable energy sources. The company admits that its founders seek to "use technology to solve truly huge challenges."
They invested in a large offshore wind power development to help the East coast power system in October 2010, for example, which would eventually become one of approximately a dozen offshore wind farms proposed for the region.
They debuted a car with "artificial intelligence" that can drive itself using video cameras and radar sensors a week prior. Drivers of cars equipped with such sensors will have fewer accidents in the future.
8. Steve Ballmer
Steven Anthony Ballmer (born March 24, 1956) is an American investor and businessman who served as the CEO of Microsoft from 2000 until 2014. He is the current owner of the National Basketball Association's Los Angeles Clippers (NBA). According to the Bloomberg Billionaires Index, his personal worth is estimated to be over $111 billion as of February 2022, making him the ninth richest person on the planet.
Bill Gates hired Ballmer at Microsoft in 1980, and he dropped out of Stanford University's MBA programme. In 1998, he was elected president, and on January 13, 2000, he succeeded Gates as CEO. Ballmer stepped down as CEO on February 4, 2014, and was succeeded by Satya Nadella; Ballmer stayed on the Microsoft Board of Directors until August 19, 2014, when he stepped down.
Business Career
Ballmer was appointed as the company's chief executive officer on January 13, 2000. Ballmer oversaw the company's finances and day-to-day operations as CEO, but Gates remained chairman of the board and in charge of the "technical vision" as chief software architect. When Bill Gates stepped down as chief software architect in 2006, but stayed on as chairman, he granted Ballmer the authority he needed to make significant managerial changes at Microsoft.
Ballmer was offered a $50,000 salary as well as a 5-10% stake in the company.
[13] Ballmer held 8% of Microsoft at the time of its incorporation in 1981. Ballmer sold 39.3 million Microsoft shares in 2003, for a total of $955 million, bringing his stake in the company down to 4%. In the same year, he took over for a Microsoft employee.
9. Larry Ellison
Lawrence Joseph Ellison (born August 17, 1944) is an American businessman and investor who founded Oracle Corporation and served as its co-founder, executive chairman, chief technology officer (CTO), and former CEO. He is the ninth-wealthiest person in the United States and the tenth-wealthiest person in the world, according to Bloomberg Billionaires Index, with a fortune of $100 billion, up from $57.3 billion in 2018. He is also the owner of Lanai, the 43rd largest island in the United States, which has a population of just over 3200 people.
Business Career
He was influenced by Edgar F. Codd's research on relational database design for IBM while working at Ampex in the early 1970s. This resulted in the foundation of the firm that would later become Oracle in 1977. Oracle grew to be a popular database vendor for mid- and low-end systems, eventually competing with Sybase (founded in 1984) and Microsoft SQL Server (a port of Sybase launched in 1989), earning Ellison a spot on Forbes' list of the world's wealthiest people.
On January 21, 2010, the European Union approved Oracle's acquisition of Sun Microsystems, stating that the deal "has the potential to rejuvenate critical assets and generate new and creative products."
Oracle also gained control of the popular MySQL database as a result of the Sun acquisition.Sun purchased the open-source database in 2008.] "The HP board just made the worst personnel decision since the fools on the Apple board fired Steve Jobs many years ago," Ellison wrote on August 9, 2010, after Hewlett-board Packard's ousted CEO Mark Hurd. (Ellison and Hurd were great friends on a personal level.) Oracle then appointed Mark Hurd as a co-president alongside Safra Catz on September 6. Ellison remained at Oracle in his current position.
10. Mukesh Ambani
Mukesh Dhirubhai Ambani (born April 19, 1957) is an Indian businessman who is the chairman, managing director, and major shareholder of Reliance Industries Limited (RIL), a Fortune Global 500 company and India's most valuable firm by market value. Ambani's net worth is estimated to be over US$86.9 billion according to Forbes and Bloomberg Billionaires Index as of February 2022, making him Asia's wealthiest person and the world's tenth wealthiest person.
Mukesh Dhirubhai Ambani was born on April 19, 1957, to Dhirubhai Ambani and Kokilaben Ambani in the British Crown territory of Aden (now Yemen). He has two sisters, Nina Bhadrashyam Kothari and Dipti Dattaraj Salgaonkar, and a younger brother, Anil Ambani.
Business Career
He began assisting his father, Dhirubhai Ambani, in running their family firm, Reliance Industries Limited, in 1981. It had already developed to include refinement and petrochemicals by this time. Retail and telecommunications products and services were also included in the company's offerings. Another subsidiary, Reliance Retail Ltd., is India's largest retailer. Since its public introduction on September 5, 2016, Reliance's Jio has risen to the top five in the country's communications services.
Ambani was rated 36 on Forbes magazine's 2016 list, and he has consistently held the title of India's richest person for the past ten years.
On Forbes' list of the world's most powerful people, he is the sole Indian businessman. Mukesh Ambani will be the richest man in the world by October 2020. Forbes ranked him as the world's 6th wealthiest person. In July 2018, he surpassed Jack Ma, the executive chairman of Alibaba Group, as Asia's wealthiest person, with a net worth of $44.3 billion. He is also the world's wealthiest individual outside of North America and Europe. According to China's Hurun Research Institute, Ambani was ranked seventh among India's benefactors in 2015. He was the first non-American to be appointed to the Board of Directors of Bank of America.
