30 RICHEST PEOPLE IN THE WORLD – 2018
When you think of who the 30 richest people in the world in 2018 will be, there are some names that can’t escape the list.
The list of World’s billionaires as compiled and published by Forbes is an annual ranking used as a yardstick to measure the wealthiest people in the world.
This list contained the total net worth of each individual on the list estimated and cited in United States dollars.
Everything is based on their documented assets and accounting for debt.
For the list of the 2018 world billionaires, there was a record of 2,208 people, having 259 latest billionaires in the world joining the list.
The list has 63 billionaires under the age of 40 and a record number of 256 world female billionaires.
The average net worth of the world billionaires is estimated at US$4.1 billion, and the total net worth of the world’s wealthiest billionaires is US$9.1 trillion.
As of this year, Microsoft Boss, Bill Gates who has topped the list 18 times out of 24 lost the first position to Amazon boss, Jeff Bezos.
Jeff Bezos is now the world’s richest man for the first time and is the first centi-billionnaire to be on the list.
It might be of benefit to you to know that the top ten billionaires in the world own as much combined fortune as the poorest half of the human race.
In Wealth Circle’s usual way of keeping you updated on the flow of wealth within the wealthy circle, we won’t bore you with the list of all the world billionaires.
We bring you the top 30 richest people in the world which sure enough has the world’s richest woman in it.
Are you set to know who the world’s richest people are? We are too!
Francois Pinault – US$27 billion
Francois Pinault is a French billionaire businessman born on the 21st of August, 1936.
He owns the majority stake in the retail conglomerate, Kering, where he is the honorary chairman.
Francois founded the company in 1963 initially as wood and building materials company.
In 1999, he bought a controlling stake in Gucci group and changed Kering’s direction towards luxury goods.
Currently, the conglomerate owns fashion brands PUMA, Saint Laurent, Alexander McQueen and Stella McCartney among many others.
The Pinault family also owns a 3,000 piece art collection which has works by Picasso, Mondrian, and Koons.
They are working towards opening a museum in France, come 2019.
Francois is a high school dropout and is married with 3 children among whom is Francois-Henri who currently runs the empire. They live in Paris, France.
Jorge Paulo Lemann – US$27.4 billion
Jorge Paulo Lemann is a Brazilian investor born on the 26th of August, 1939 in Rio de Janeiro, Brazil.
He is the richest person in Brazil with a net worth of $27.4 billion.
His investment career led him to become the controlling shareholder of Anheuser-Busch InBev, the world’s largest brewer.
He also owns stakes in Restaurant Brands International, the parent company of Burger King and Tim Hortons, a Canadian coffee chain.
Paulo lives in Zurich, Switzerland and is married with 5 children. He graduated with a Bachelor of Arts/Science degree from Harvard University.
Jorge played professional Tennis and won the Brazilian national tennis championship five times. He played at Wimbledon.
Phil Knight and Family – US$29.6 billion
Philip Hampson Knight is an American business mogul and philanthropist and is the co-founder and former CEO of Nike, Inc.
He also owns Laika Entertainment, LLC, an American stop motion film production company.
He created Nike with his old school days track coach, Bill Bowerman.
Currently, the company has $34 billion. 74,400 employees and many offices in 52 countries.
He retired as chairman in June 2016 after chairing the affairs of the company for 52 years.
He lives in Oregon and is married with three children. The billionaire was born on the 24th of February, 1938.
He graduated from University of Oregon with a Bachelor of Arts/Science and Stanford Graduate School of Business with a Master of Business Administration.
Beate Heister and Karl Albrecht – US$29.8 billion
Karl Albrecht Jr. is a German billionaire and the son of Karl Albrecht Snr. who co-founded the discount supermarket chain, Aldi.
Beate Heister is Karl’s sister and the daughter of the co-founder of Aldi.
The two siblings took over the reins of Aldi after their father died in July 2014.
Beate is 66 years old while the brother is 70 years old.
Wang Jianlin – US$30 billion
Wang Jianlin is a Chinese business magnate, investor, and philanthropist and is the founder of the conglomerate company Dalian Wanda Group.
This is China’s largest real estate development company and the world’s largest movie theatre operator.
He owns 20% of Athletico Madrid, a Spanish side football club and is in a deal with FIFA to launch the China Cup
This tournament that will see national football teams compete in Asia each year.
He is a graduate of Liaoning University and lives in Beijing, China. He is married and has a child.
Lee Shau Kee – US$30.3 billion
Lee Shau-kee is a Hong Kong based real estate tycoon and majority owner of Henderson Land Development, a property conglomerate with interests in properties, hotels, restaurants and internet services.
He is currently the second richest person in Hong Kong.
Lee who grew up in a poor family that couldn’t afford to eat meat or fish twice a month founded the Henderson Land Development in 1976, and the company is the primary source of his wealth.
He was born on the 7th of March, 1929 and lives in Hong Kong, Hong Kong.
Lee is divorced and has 5 children.
Hui Ka Yan – US$30.3 billion
Xu Jiayin who is also known as Hui Ka Yan is a Chinese billionaire businessman and the chairman of Evergrande Group, a Chinese real estate developer.
The company is China’s biggest property developer and the chairman, Hui is the third-richest person in China.
This company has over 700 projects in more than 200 cities across China.
The company also owns the significant stakes of one of China’s most winning soccer teams.
He graduated from Wuhan U of Science and Tec with a Bachelor of Arts/Science, is married and has two children.
Hui Ya resides in Shenzhen, China and was born on the 9th of October, 1958.
Li Ka-Shing – US$34.9 billion
Sir Ka-Shing Li is a Hong Kong business magnate, investor, and philanthropist who was born in Chao’an Chaozhou.
He was the chairman of CK Hutchison Holdings before retiring in May 2018 to serve as a senior advisor.
Li remains one of the most influential entrepreneurs in Asia with his conglomerate spanning across many industries including real estate, retail, energy, utilities, etc.
He is Hong Kong’s richest man, one of Asia’s most generous philanthropists and owns the second largest private foundation in the world, Li Ka-Shing Foundation.
Li who was born on the 13th of June, 1928 lived in the same house for a decade in a district referred to as one of the most expensive districts in Hong King, Deep Water Bay in Hong Kong Island.
He is a high school dropout and is widowed with two children among who is Victor Li the current Chairman of his conglomerate.
Steve Ballmer – US$38.4 billion
Steven Anthony Ballmer is an American businessman and philanthropist who served as the CEO of Microsoft from 2000 to 2014.
He is currently the current owner of the Los Angeles Clippers, an American professional basketball team based in LA.
Ballmer graduated with a Bachelor of Arts/Science from Harvard University.
A school where he shared the same class with Microsoft co-founder, Bill Gates.
He is married with 3 children and lives in Hunts Point, Washington.
Sheldon Adelson – US$38.5 billion
Sheldon Gary Adelson is an American business magnate, investor and is the founder, chairman, and CEO of Las Vegas Sands Corporation who owns the largest casino company in America.
His company owns many casinos and resorts all around the world including the Marina Sands in Singapore.
He owns the Venetian Macao Limited which operates the Venetian Resort Hotel Casino and the Sands Expo and Convention Center.
In addition, he owns newspapers, Israel Hayom and Las Vegas Review-Journal in Israel and US respectively.
In 2017, Adelson gave the sum of $5 million to Donald Trump’s inaugural committee.
This is reportedly the largest sum donated to a presidential candidate in US history.
He is a drop out of the College of New York and was born the 4th of August, 1933.
The billionaire is married with 5 children and lives in Las Vegas, Nevada.
Jack Ma – US$39 billion
Jack Ma’s real name is Ma Yu, a Chinese business magnate, investor, and philanthropist.
Ma is the co-founder and executive chairman of Alibaba Group, a multinational technology conglomerate.
He is one of China’s richest men and is among the wealthiest Asians in the world.
Jack Ma is one seen as Chinese business global ambassador and is one of the world’s most influential people adding to his status as one of World’s 50 greatest leaders.
It may be of interest to you that Alibaba is one of the world’s largest e-commerce businesses.
The billionaire who was born on the 10th of September 1964, has investment stakes in Chinese entertainment industry firms, Huayi Brothers, and Beijing Enlight Media.
He is married and stays in Hangzhou, China.
Ma was a former English teacher and has a Bachelor of Arts/Science degree from the Hangzhou Teacher’s Institute.
Mukesh Ambani – US$40.1 billion
Mukesh Dhirubhai Ambani is an Indian business magnate and the chairman, managing director and the largest shareholder of the oil and gas giant, Reliance Industries Limited, Indian’s most valuable company.
He is the richest person in India and is the only Indian businessman on Forbes’s list of the world’s most powerful people.
He is also Asia’s richest person surpassing Jack Ma, Alibaba Boss.
Mukesh is also the wealthiest person in the world outside of North America and Europe.
He is among the richest sports owners in the world, being the owner of the Indian Premier League franchise, Mumbai Indians.
This company is one that he inherited from his father.
Mukesh resides at the Antilla Building in Mumbai, one of the world’s most expensive private residences valued at $1 billion.
He is married with three children.
He finished from the University of Bombay with a Bachelor of Science in Engineering and is a drop out of Stanford University.
Francoise Bettencourt Meyers and Family – US$42.2 billion
Francoise Bettencourt Meyers is a French billionaire heiress, the author of Bible Commentaries and works on Jewish-Christian relations.
She is the sole daughter of Liliane Bettencourt the owner of the company L’Oreal, and is the current owner of the company.
Strangely, she is the world’s second richest woman, the richest woman in Europe and among the top 20 richest people in the world.
Francoise is married with 2 kids and lives in Paris, France. She was born on the 10th of July 1953.
Ma Huateng – US$45.3 billion
Ma Huateng, commonly known as Pony Ma is a Chinese business magnate, investor, philanthropist, engineer, internet, and technology entrepreneur and is the founder, chairman, and CEO of Tencent.
Tencent is Asia’s most valuable company and one of the largest internet and technology companies in the world.
His conglomerate is also the most prominent investment, gaming, and entertainment conglomerate in the world.
He is one of the world’s most influential people, one of the world’s most influential people and is among the top world businessmen.
He is currently Chinese richest man and was the first Chinese to enter Forbes’ top 10 wealthiest men list.
Tencent owns the favorite social messaging app, WeChat which has nearly one billion users worldwide and acquired a 12% stake in Snapchat-parent Snap in 2017.
He is known for his low profile life which is typical of engineers.
Ma has a Bachelor of Arts/Science degree from Shenzhen University and is married. He lives in Shenzhen, China and was born on the 29th of October, 1971.
Alice Walton – US$46 billion
Alice Louise Walton was born on the 7th of October, 1949, a sister to Jim and Rob Walton and a daughter to Sam Walton, the founder of Walmart, the world’s largest retailer.
She is the American heiress to the Walmart Stores Inc fortune and is the world’s richest woman.
This only daughter of Sam Walton focused on curating art, rather than following the footsteps of his father and brothers.
She opened the Crystal Bridges Museum of American Art in Bentonville, Arkansas which features works from Andy Warhol, Norman Rockwell, and Mark Rothko.
Her personal art collection is valued at hundreds of millions of dollars.
She resides in Fort Worth, Texas and is divorced. She has a degree from Bachelor of Arts/Science, Trinity University.
S. Robson Walton – US$46.2 billion
Samuel Robson “Rob” Walton is an American businessman and is the eldest son of Helen and Sam Walton.
He is the elder brother of Jim Walton.
Robson was on the helm of affairs at Walmart from 1992 to 2015 before handing over to his son-in-law, Greg Penner.
Together with his siblings, they own almost half of the Walmart stock
Rob was born on the 28th of October, 1944 in Tulsa, Oklahoma as the oldest of Sam’s four children.
He has a wife and 3 children who he lives with in Bentonville, Arkansas.
Rob has a Bachelor of Arts/Science degree from the University of Arkansas and a Doctor of Jurisprudence from the Columbia University.
Jim Walton – US$46.4 billion
Jim Carr Walton is the last son of Sam Walton, the founder of the world’s largest retailer, Walmart.
He is the head of board and CEO of Arvest Bank Group, Inc, the family’s bank which boasts of more than $16 billion worth of assets.
Jim was born on the 7th of June, 1948 in Newport, Jackson County Arkansas.
He completed schooling and graduated with a Bachelor of Arts/Science degree from the University of Arkansas.
Jim is married with four children and they live in Bentonville, Arkansas.
Sergey Brin – US$47.5 billion
Sergey Mikhaylovich Brin is a Russian born American computer scientist and internet entrepreneur who founded Google together with Larry Page.
He is the president of Google’s head company, Alphabet Inc.
Sergey was married for 8 years to Anne Wojcicki, the founder of 23andme and the sister of Susan Wojcicki, the founder of YouTube.
Brin who was born on the 21st of August, 1973 is divorced and has two children.
He lives in Los Altos, California.
Brin has a Bachelor of Arts/Science from the University of Maryland, College Park and a Master of Science from Stanford University.
Larry Page – US$48.8 billion
Lawrence Page is an American computer scientist and internet entrepreneur who doubles as the co-founder of Google, a company he founded with Sergey Brin.
He is CEO of Alphabet Inc. the parent company of Google and is the inventor of PageRank, Google’s best-known search ranking algorithm.
Larry was the CEO of Google from its launch in 1998 to 2001 when he stepped outside, only to resume the office again in 2011.
Page who was born on the 26th of March, 1973 is married with a kid and lives in Palo Alto, California.
He holds a Bachelor of Arts/Science degree from the University of Michigan and a Master of Science degree from Stanford University.
Michael Bloomberg – US$50 billion
Michael Rubens Bloomberg is an American businessman, engineer, author, politician and philanthropist who ranks as the 8th richest person in the United States.
He is the founder, CEO, and owner of Bloomberg L.P. a global financial service, mass media, and Software Company where he has 88% stake.
Michael is a three-time Mayor of New York and has donated more than $5 billion to gun control, climate change and other causes as a member of The Given Pledge.
He owns at least six real estate properties with one in Bermuda and another in London.
Currently, he is married to Diana Taylor and it is worthy to note that he has two children.
He stays in New York City and graduated with Bachelor of Arts/Science from Johns Hopkins University and Master of Business Administration from Harvard Business School.
Michael was born on the Valentine Day of 1942.
Larry Ellison – US$58.5 billion
Lawrence Joseph Ellison is an American businessman, entrepreneur, and philanthropist who is the co-founder, executive chairman and chief technology officer of Oracle Corporation.
He is the fifth wealthiest person in the United States.
He co-founded the software firm Oracle in 1977 and was the CEO till 2014 when he gave up the post to become the chairman of the board and chief technology officer.
Aside from software business, he has had success in yachting, through the Oracle Team USA, an American yacht racing syndicate formed to compete in America’s Cup regatta.
Larry is also a licensed aircraft pilot and owns two military jets.
He was born on August 17th, 1944 in New York City. He dropped out of the University of Chicago, University of Illinois and the Urbana-Champaign; school probably isn’t his calling.
He is divorced and has 2 children. He currently resides in Woodside, California.
David Koch – US$60 billion
David Hamilton Koch is an American businessman, philanthropist, political activist and chemical engineer.
He was the Vice President of Koch Industries before he retired in June 2018 due to health issues.
Hamilton is also the president of the subsidiary Koch Engineering, a position he has held since 1979.
David has a Bachelor of Arts/Science and Master of Science from the same school as his elder brother.
He is married with 3 children and resides in the state of New York. He was born the 3rd of May, 1940.
Charles Koch – US$61 billion
Charles de Ganahl Koch is an American businessman, political donor, and philanthropist who is ranked as the 12th wealthiest man in the world.
He is the co-owner, chairman, and CEO of Koch Industries since it was founded in 1967.
Koch Industries is the second largest privately owned company in the United States.
The business empire has investments in diverse products and services including pipelines and refineries, chemicals, Dixie cups, Brawny paper towels and Stainmaster carpets.
He has 42% of the company’s shares, the same as his brother, David Koch.
Charles was born on November 1st, 1935 and lives in Wichita, Kansas. He is married and has two children.
Koch has a Bachelor of Arts/Science and a Master of Science, both from Massachusetts Institute of Technology.
Carlos Slim Helu and Family- US$65 billion
Carlos Slim Helu is a Mexican business magnate, engineer, investor and philanthropist who made his wealth from his extensive holdings inconsiderable number of Mexican companies through his conglomerate, Grupo Carso.
He is the richest man in Mexico and was the world’s richest person between the year 2010 and 2013.
Among his investments is America Movil, Latin America’s biggest mobile telecom firm.
He owns stakes in Mexican construction, consumer goods, mining and real estate companies and owns 17% of the New York Times.
Carlos accounts for 40% of the listings on the Mexican Stock Exchange, and his net worth is equivalent to about 6% of Mexico’s GDP.
He was born on the 28th of January, 1940 in Mexico City.
Carlos is widowed with 6 children and has a Bachelor of Arts/Science degree from Universidad Nacional Autonoma de Mexico.
He lives in the city where he was born.
Armancio Ortega – US$70.4 billion
Armancio Ortega Gaona is a Spanish billionaire businessman and the founder and former chairman of Inditex fashion group, best known for its chain of Zara clothing and accessories shops.
He is the second wealthiest person in Europe and the sixth wealthiest person in the world.
Surprisingly, he is the wealthiest retailer in the world.
This pioneer in fast fashion owns about 60% of Madrid-listed Inditex which has over 7,500 stores around the world.
He earns approximately more than $400 million in dividends from his investments each year.
Armancio is a seasoned real estate investor who has invested highly in real estate in Madrid, Barcelona, London, Chicago, Miami and New York.
He is currently 82 years old as he was born on the 28th of March, 1936.
Ortega is married and has 3 children. He resides in La Coruna, Spain.
Mark Zuckerberg – US$71 billion
Mark Elliot Zuckerberg is the co-founder, chairman, and CEO of Facebook, a multi-billion dollar global social network and is the fifth richest person in the world.
It’s no longer breaking news that he launched Facebook from his Dormitory room in 2004 with college roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes.
The Facebook Mogul testified in April 2018 before Congress when it was revealed that Facebook shared users’ data with political consulting firm Cambridge Analytica.
He and his wife, Priscilla Chan said they will give away 99% of their wealth over their lifetime.
Mark was born on the 14th of May, 1984 in White Plains, New York.
He is a Harvard University drop out but he subsequently went back and completed his education.
Mark is married with two children. He resides in Palo Alto, California.
Bernard Arnault and Family – US$85.8 billion
Bernard Jean Etienne Arnault and his family are the world’s 4th richest “people” as he remains the richest person in France.
He is a French business magnate, investor and art collector and is the chairman and CEO of LVMH (Moet Hennessy Louis Vuitton SE), the world’s largest luxury-goods company.
His empire includes approximately 70 brands.
Bernard was born on the 5th of March, 1949 and holds a Bachelor of Arts/Science from Ecole Polytechnique de Paris.
He is married with 5 children and resides in Paris, France.
Warren Buffet – US$84 billion
Warren Edward Buffett is an American business magnate, investor, speaker and philanthropist.
He is the chairman and CEO of Berkshire Hathaway, an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States.
The billionaire commonly called the “Oracle of Omaha” is one of the most successful investors of all time.
Berkshire Hathaway- the company which he controls- owns more than 60 companies globally.
The companies owned by Berkshire Hathaway include GEICO, Dairy Queen, and Duracell among many others.
He bought his first stock at the age of 11 and filed his first taxes when he was 13.
Admittedly, he started aiming for the list of world’s richest people at an early age.
He is known for given over 99% of his wealth to charity and so far has given away almost $32 billion, mostly to Gates Foundation.
He launched The Giving Pledge in 2010 with Bill Gates urging billionaires to donate half of their wealth to charity.
Warren Buffet was born on August 30th, 1930 in Omaha Nebraska to Congressman, Howard Buffet.
He has a Bachelor of Arts/Science from University of Nebraska Lincoln and Master of Science from Columbia University.
He is 87 years old, was widowed at a time but remarried.
Warren Buffet’s children are three, Susie, Howard and Peter. He lives in Omaha, Nebraska.
Bill Gates – US$94 billion
William Henry Gates III is an American business magnate, investor, author, philanthropist, humanitarian and the principal founder of Microsoft Corporation.
Together with his wife Melinda, he also chairs the Bill and Melinda Gates Foundation.
This is the world’s largest private charitable foundation which works to save lives and improve global health.
It might interest you to know that Gates has sold or given away most of his stake in Microsft and has invested in a mix of stocks and other assets.
However, he still remains a board member of Microsoft which he co-founded with Paul Allen in 1975.
Notwithstanding all these charities and give aways, he still stands as the second richest person in the world.
When was Bill Gates born? He was born on the 28th of October, 1955 in Seattle, Washington and is currently 62 years old.
He is married to Melinda Gates, and they have 3 children.
Bill is a Harvard University drop out and a citizen of the United States who resides in Medina, Washington.
You may want to stop and take a deep breath as it’s not easy to sit on top of the world’s richest billionaires list. Or is it?
Let’s find out!
Jeff Bezos – US$155 billion
Does the world’s wealthiest man need an introduction?
For the benefit of the doubt, Jeff Bezos is the founder of Amazon and has broken the record to be the pioneer person to surpass US$150 billion in the 3 decades of world richest people ranking by Forbes with his real-time net worth being US$154.8 billion.
He was born Jeffrey Preston Bezos on the 12th of January, 1964 in Albuquerque, New Mexico.
He is a technology entrepreneur, investor and philanthropist.
as you well know the founder, chairman, and CEO of Amazon, the world’s largest online retailer.
Jeff Bezos is 54 years old. Currently, he is separated, and he has 4 children.
He is a citizen of America and resides in Seattle Washington. Jeff Bezos has a Bachelor of Arts/Science Degree from Princeton University.
What a man!
Before we conclude, let’s look at the table which represents all the aforementioned and their net worth in 2018.
NET WORTH (2018)
|29.||Jorge Paulo Lemann||US$27.4 billion|
|28.||Phil Knight and Family||US$29.6 billion|
|27.||Beate Heister and Karl Albrecht||
|25.||Lee Shau Kee||
|24.||Hui Ka Yan||
|18.||Francoise Bettencourt Meyers and Family||US$42.2 billion|
|17.||Ma Huateng||US$45.3 billion
|16.||Alice Walton|| US$46 billion
|15.||S. Robson Walton||
|12.||Larry Page||US$48.8 billion
|11.||Michael Bloomberg||US$50 billion|
|9.||David Koch||US$60 billion|
Carlos Slim Helu and Family
|4.||Bernard Arnault and Family||
|1.||Jeff Bezos||US$155 billion|
Conclusively, the list of the world’s wealthiest people has seen two females being among the 30 richest people in the world.
This is a welcome development as many women are pulling heavyweights in the business world.
Interestingly, most of the world richest people’s list toppers are investors and business gurus who managed to build business empires on hard work and perseverance.
A good number of people on the list admittedly are self-made.
With the year gradually coming to an end and with many dollars being pushed around, we’ll keep you updated if there is any change in the world’s richest people in 2019.
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