There were a record 2,043 billionaires in 2017. China produced the highest number of billionaires, 75. In second was the USA with 25 billionaires. In total, the world’s wealthiest people had a combined net worth of 7.67 trillion dollars. The world also witnessed one of the biggest shifts in net worth. Microsoft founder, Bill Gates, who had been the world’s richest man, was overtaken by Jeff Bezos. Here is list of the top 10 richest people in 2018.

10. Larry Ellison

Net worth $55.2B

Larry Ellison is the co-founder of Oracle technological corporation. His company, Oracle technologies specializes in cloud technology and database networks. Born in August 17, 1944 in New York City, Larry grew up in Chicago before moving to California in 1966. As of January 13, 2018, Larry was the world’s 10^th richest man, with a net worth of $55.2 billion (Bloomberg). Apart from being a member of ‘The Giving pledge,’ a movement co-founded by Bill Gates and Warren Buffett, he is a licensed pilot and owns two military jets.

9. Ingvar Kamprad

Net worth $55.6 Billion

Ingvar Feodor Kamprad is a name often omitted by many magazines when listing the wealthiest people in the world. Yet, the 91 year old Swedish business magnate is worth $55.6 billion dollars, placing him just below Larry Page and above Larry Ellison. Ingvar is the founder of IKEA, a furniture retail company in Sweden.

8.Larry Page

Net worth-$55.8 Billion

Larry Page is a 44 year old computer scientist and co-founder of Google. Page is the CEO of Alphabet Inc., Google’s parent company. He has been Google’s CEO on and off since the company was launched in 1998. He co-founded Google with Sergey Brin. As of January 13^th 2018 (Bloomberg), Larry Page is worth $55.8 billion. Fellow Google co-founder, Sergey Brin, is worth $54.3 billion.

7. Bernard Arnault

Net worth-65.8 Billion

Born in March 9, 1949, Bernard Arnault is the second richest man in Europe and CEO of the world’s biggest luxury good brand, LVMH. He also owns shares in fashion brands such as Louis Vuitton, Sephora and Dom Perignon. Bernard Arnault is also famous for being an art collector and his Yacht businesses.

6. Carlos Slim Helu

Net worth-$63.5 Billion

Carlos Slim Helu is Mexico’s richest person. Born to Lebanese immigrants in January 28 1940, the tech business mogul was the world’s richest man between 2010 and 2013. He owns a conglomerate of businesses across Latin America and North America as well. Slim is also a philanthropist. 

5. Mark Zuckerberg

Net worth-$74 Billion

Born May 14 1984, Mark Zuckerberg is the youngest man in this honorable list. He co-founded Facebook in 2004 while he was a sophomore at Harvard. Today, Mark is worth well over $74 billion as of 12^th January 2018. His organization, Facebook, has more than 1.2 billion users. Mark is also a philanthropist who has vowed to donate more than 99% of his wealth to charity.

4. Amancio Ortega

Net worth-$76.2 Billion

Amancio Ortega is the richest person outside of the USA. Born and raised in Spain, Amancio is the co-founder of Inditex SA, a Spain based organization. He co-founded Inditex together with his ex-wife, Rosalio Zara. Together they started a cloth manufacturing business that would turn him to be Europe’s richest person and the world’s richest retailer. Like Bill Gates and Buffet, Amancio is also philanthropic.

3. Warren Buffett

Net worth-$90.3 Billion

Warren Buffet is regarded to be one of the smartest business people in the world. He is the CEO of Berkshire Hathaway Inc., a conglomerate that consists of 60 companies. Like his friend Bill Gates, Warren Buffet has committed to donate over 99% of his wealth to charity.

2. Bill Gates

Net worth-$93.8 Billion

Bill Gates is the founder of Microsoft. Officially known as William Henry Gates, Bill was born in October 28, 1955 in Seattle, Washington DC. He founded Microsoft, a company that pioneered many of the computer software and hardware materials used today. Anyone who has used a computer must have used Bill Gates products at some time in life. Prior to 2017, Bill topped the list of the world’s richest men for more than 20 years.

He is now worth $93.8 billion dollars. It’s worth noting that Bill owns the world’s biggest private charity organization, The Bill and Melinda Foundation. Through this foundation, Bill has donated an estimated $61.8 million. This means Bill would be worth a staggering $150 were it not for his donations.

1. Jeff Bezos

Net worth-$110 Billion

Jeff Bezos is the CEO of giant ecommerce store, Amazon. As of Saturday 13, 2018, Jeff Bezos was worth $110 (Bloomberg). Forbes magazine reported Jeff Bezos to be worth $104.4 billion on 8^th January. Jeff Bezos dominated news in July 2017 after he overtook Bill Gates briefly to become the world’s richest man. His net worth mainly comes from his 78.9 million shares on Amazon. He is also the owner of Blue Origin and the Washington Post.