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21 Mar 2017

Forbes 2017 Billionaires list is finally out

The 'Richie richs' of the world

Every year Forbes magazine releases a complete list of the world's wealthiest individuals.

The Forbes billionaires list marks the top earners and the richest people from 67 countries and their estimated net worth.

Here is the top 10 billionaires who have made it into this highly coveted list this year.

In context

The 'Richie richs' of the world
Bill Gates, the tech giant

Numero Uno

Bill Gates, the tech giant

Although, Bill Gates might have retired from the day-to-day activities of Microsoft to devote more time to philanthropic activities, he still stands tall at number one on this list.

Gates has managed to stay at the top for four consecutive years at with an estimated wealth of $86 billion.

Oracle of Omaha

The investment maverick, Warren Buffett

Warren Buffett may be 86 years old but there is no stopping one of the successful investors in the history. This man literally mints money.

The "Oracle of Omaha" as Buffett is fondly called stands at the second place with a wealth of $75.6 billion.

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E-commerce behemoth, Jeff Bezos


E-commerce behemoth, Jeff Bezos

If you are one who likes to indulge in online shopping, chances are you must have bought something from his site-Amazon.

Riding on a steep success and $72.8 billion in his wallet, Jeff Bezos claimed the third spot in the prestigious list.


Amancio Ortega: All about the business of fashion

Ortega is a Spanish tycoon and the founder of the famous fashion brand Zara, a name by which several swear by.

High fashion is not pocket friendly, but the business of fashion is. Ortega makes it to the fourth position with an estimated wealth of $71.3 billion

Social media Mogul, Mark Zuckerberg


Social media Mogul, Mark Zuckerberg

If you are 32 and working, you might have just started saving up a little. But if you are Zuckerberg, the man behind Facebook then you just enjoy the good life.

So how much does being the head of a social media platform pay? Well enough to make it into Forbes list at fifth spot with an estimated wealth of $ 56 billion.


Mexican Money ball, Carlos Slim

Trump may talk tall about building a wall against Mexico, but he is probably not going to be able to stop Carlos Slim, the man who has his fingers on almost every profitable venture running in Mexico.

Carlos has his place solidified at the sixth spot this year, with an estimated pocket change of $54.5 billion lying around in his name.

The man behind Oracle, Larry Ellison

IT guru

The man behind Oracle, Larry Ellison

Larry Ellison is the one of the most interesting men in the business; he was a college dropout who met with success after he created Oracle and went almost bankrupt when Oracle was on the verge of failing.

Then again, he has survived to fight some more and make it to the seventh spot on the list with $52.2 billion to prove for it.

21 Mar 2017

Charles Koch and David Koch, old school money

Fred C. Koch may have started a business but his sons knew how to make an empire out of it.

The two co-owners of one of the largest privately held companies in the United States jointly make it into the list at number eight with $48.3 billion each in their coffer.

Michael Bloomberg, a multi-million dollar enterprise


Michael Bloomberg, a multi-million dollar enterprise

Michael Bloomberg dons several hats - a politician, philanthropist and an author.

But what sets him apart is the fact this is the man behind Bloomberg LP which runs a multi-million dollar enterprise that offers financial services, software and a famous media wing.

The tenth spot on this highly coveted and prestigious list goes to him with his estimate valuation of $47.5 billion.

21 Mar 2017

The desi connection

Here are the Indians at the Forbes list.

Mukesh Ambani of Reliance is at 33 with $23.2 billion.

Steel Magnate, Lakshmi Mittal makes it at 56, with $16.4 billion.

IT czar, Azim Premji of Wipro is at 72 with $14.9 billion.

Pharma giant, Dilip Sangvi enters at 84 with $13.7 billion valuation.

Tech maverick, Shiv Nadar of HCL, is at 102 with $12.3 billion

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