Top 10 Forbes Billionaires 2020 List- Things to know about them

Top 10 Forbes Billionaires 2020 List- Things To Know About Them

Forbes released its 34th annual world's billionaires list, which ranks the top wealthiest people in the world. Amid the Coronavirus (COVID-19) outbreak, most of the world's wealthiest people are serving as agents of change and helping others by donating billions of their profit from their businesses to aid the coronavirus outbreak. Jeff Bezos again tops the ranking third time in a row. Here are the Top 10 Forbes Billionaires 2020 List from Rank 1 to Rank 10 with their brief biographies.

Rank 1  

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Name- Jeff Bezos 
Age- 56
Source Income- Amazon
Residence- Seattle, Washington
Real Time Net Worth (As on April 10, 2020)- $124.70 Billion
2020 Billionaire Net Worth (As on April 7, 2020)- $113 Billion
Citizenship- The United States of America
Marital Status- Divorced 
Kids- 4 Children
Education- Bachelor Degree in Science/Arts from Princeton University. 

Brief Biography of Jeff Bezos


  • In 1994, Mrs. Jeff Bezos has established a e-commerce colossus Amazon in their garage in Seattle. He remains at a position of CEO and having almost 11.2% stake holder. 
  • In 2018, Amazon had $230 billions in incomes with a record profit of  $10 billions, raised up from $3 billion the earlier year. 
  • In 2019, He separated from his wife named MacKenzie after 25 years of marriage and transferred nearly 4% of shares  from his Amazon stake to her. 
  • In March 2020, Amazon reported that they would going to hire about 100,000 workers to fulfil the demand during the phase of corona pandemic. 
  • Mr. Bezos also owns Blue Origin and The Washington Post, an aviation company which are also developing rockets for the business purposes.

Rank 2

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Name- Bill Gates
Age- 64
Source Income- Microsoft
Residence- Medina, Washington
Real Time Net Worth (As on April 10, 2020)- $104.10 Billion
2020 Billionaire Net Worth (As on April 7, 2020)- $98 Billion
Citizenship-  The United States of America
Marital Status- Married
Kids- 3 Children
Education- He is Dropped Out from Harvard University

Brief Biography of Bill Gates


  • He is the chairman of Bill and Melinda Foundation with his wife Melinda. This foundation is the world's largest charitable foundation in a private sector. Basically, this foundation works to improve global health and give equal opportunity to people around the world. 
  • In 1975, Bill Gated founded the Microsoft with Paul Allen. 
  • In February 2020, the Gates Foundation decided that they would donate and spend up to $100 million to improve progress, detection, and helpful treatment of the novel coronavirus pandemic. 
  • He owns only 1-percent shares in the Microsoft and rest of the shares he invested in their other assets and other resources
  • In March, Bill Gates said he is resigning as a board member from the Microsoft. The Bill Gates has donates about $35.8 billions of  Microsoft stock to the it s Gates Foundation.

Rank 3

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Name-  Bernard Arnault and Family
Age- 71
Source Income- LVMH
Residence- Paris, France
Real Time Net Worth (As on April 10, 2020)- $92 Billion
2020 Billionaire Net Worth (As on April 7, 2020)- $76 Billion
Citizenship- France
Marital Status- Married
Kids- 5 Children
Education- Bachelor Degree in Science/Arts from Ecole Polytechnique de Paris.

Brief Biography of Bernard Arnault


  • One of the world's best taste-producers, Bernard Arnault administers an empire of  more than 70 brands including Sephora and Louis Vuitton. 
  • In November 2019, LVMH struck a buying deal to purchase American Jewele Tiffany & Co. for amount  of worth $16.20 Billon, and want to be the biggest and largest luxury brand ever. 
  • LVMH expenditure of  $3.2 billion out of 2019 on Belmond, luxury hospitality group, able to managed about 46 hotels, river cruises, and trains. 
  • In 1985, Arnault's father made a small businees in construction and development; Arnault got his kick by putting almost $15 million from that business to purchase Christian Dior. 
  • The children of Arnault named Antoine, Delphine, Frederic, and Alexandre also work with LVMH at a different corners of their business empire. 

Rank 4

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Name- Warren Buffett
Age- 89
Source Income- Berkshire Hathaway
Residence- Omaha, Nebraska
Real Time Net Worth (As on April 10, 2020)- $76.30 Billion
2020 Billionaire Net Worth (As on April 7, 2020)- $67.50 Billion
Citizenship- The United States of America
Marital Status- Widowed, Remarried
Kids- 3 Children
Education- Bachelor Degree in Science/Arts from University of Nebraska Lincoln and also completed Master in Science from Columbia University.

Brief Biography of Warren Buffett


  • Mr. Bufferr is also known as the "Oracle of Omaha," and he is one of the best financial investor ever of all the time. 
  • Buffett owns and runs Berkshire Hathaway, which owns over 60 companies such as Battery Maker Duracell, Geico insurer, and Restaurants chain of Dairy Queen. 
  • He filed his first tax at the age of 13 after bought his first stock at the age of 11.  
  • In 2010, the Bill Gates established Giving Pledge, requesting all the billionaires to commit to donate half of their income or profit from their wealth to charitable trusts and charitable causes. 
  • In 2019 he gave $3.6 billion as a donation to the foundation of Bill and Malinda Gates because he promised to give away over 99% of his income and fortune. 

Rank 5

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Name- Larry Ellison
Age- 75
Source Income- Software and Self Made
Residence- Woodside, California
Real Time Net Worth (As on April 10, 2020)- $66.20 Billion
2020 Billionaire Net Worth (As on April 7, 2020)- $59 Billion
Citizenship- The United States of America
Marital Status- In a relationship
Kids- 4 Children
Education- He is dropped out from University of Illinois, Urbana-Champaign, and University of Chicago.

Brief Biography of Larry Ellison


  • In 1977, Larry Ellison helped co-founded programming and software firm Oracle to grow the need of relationship management databases. 
  • In 2012, Ellison spend over $300 million to purchase all the Hawaiian island Lanai to built hydroponic farms and luxury spas over there. 
  • In 2014, he resigned from the CEO of Oracle but worked as Chief Technology Officer and Chairman of the board presently. 
  • In May 2016, Mr. Ellison take pledge to donate $200 million to the University of California to make the cancer treatment centre. 
  • In December 2018, he joined the board of Tesla after purchasing their 3 millions shares of Tesla. 

Rank 6

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Name- Amancio Ortega
Age- 84
Source Income- Zara and Self Made
Residence-  La Coruna, spain
Real Time Net Worth (As on April 10, 2020)- $64.80 Billion
2020 Billionaire Net Worth (As on April 7, 2020)- $55.10 Billion
Citizenship- Spain
Marital Status- Married
Kids- 3 Children

Brief Biography of Amancio Ortega


  • Amancio Ortega is one of the best clothing retailer around the world and richest man in Europe. Mr. Ortega earns over $400 million profit in a year. 
  • In 1975, Mr. Ortega is known for their fast designs and fashion that is the reason he founded Inditex with his Ex-Wife Rosalia Mera. Inditex is know official known as Zara Fashion Chain. 
  • He Stake their shares of about 60% of Madrid-listed Inditex, which has 8 brands such as Pull & Bear, Massimo Dutti and over 7500 stores in the world. 
  • Mr. Ortega invests his profits in the real estate markets of Miami, New York, London, Chicago, Madrid, and Barcelona.

Rank 7

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Name- Mark Zuckerberg 
Age-  35
Income Source- Facebook
Residence- Palo Alto, California
Real Time Net Worth (As on April 10, 2020)- $64.90 Billion
2020 Billionaire Net Worth (As on April 7, 2020)- $57.70 Billion
Citizenship-  The United States of America
Marital Status-  Married
Kids- 2 Children
Education- Dropped Out from Harvard University

Brief Biography of Mark Zuckerberg


  • Mr. Zukerberg runs the top social networking site Facebook and has already become a communication networking tool during the phase of the novel coronavirus pandemic lockdown. 
  • In 2004, Mark Zukerberg started the idea of Facebook at the age of 19. In 2012, he make the Facebook public and owns about 15% of the stock shares. 
  • In Decmber 2025, Mark and his wife named Priscilla Chan takes a pledge to donate 99% of their Facebook stakes over their lifetimes. 

Rank 8

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Name- Jim Walton
Age- 71
Source Income- Walmart
Residence- Bentonville, Arkansas
Real Time Net Worth (As on April 10, 2020)- $54.30 Billion
2020 Billionaire Net Worth (As on April 7, 2020)- $54.60 Billion
Citizenship- The United States of America
Marital Status- Married
Kids- 4 Children
Education- Bachelor Degree in Arts/Science from University of Arkansas.

Brief Biography of Jim Walton


  • Jim Walton is a youngest son of Sam Walton (Founder of Walmart).
  • In June 2016, Jim sat on Walmart's board for over 10 years before yielding the seat to his son, Steuart.
  • Jim Walton and other share holders of Sam Walton own half of the shares of Walmart. 
  • Jim and his sister Alice Walton are initiating a program that will issue $300 million in bonds to help charter schools.

Rank 9

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Name- Alice Walton
Age- 70
Source Income- Walmart
Residence- Fort Worth, Texas
Real Time Net Worth (As on April 10, 2020)- $54.10 Billion
2020 Billionaire Net Worth (As on April 7, 2020)- $54.40 Billion
Citizenship-  The United States of America
Marital Status- Divorced
Education- Bachelor Degree in Arts/Science from Trinity University.

Brief Biography of Alice Walton


  • Alice Walton is the daughter of Sam Walton(Walmart's Founder). 
  • In 2011,she opened the Crystal Bridges Museum of American Art in Bentonville, Arkansas. 
  • She is interested on curating art instead of working for Walmart like Jim and Rob. 
  • The Museum Crystal Bridge works from Mark Rothko, Andy Warhol, and Norman Rockwell. 
  • Alice and his brother Jim are initiating a program that will issue $300 million in bonds to help charter schools.

Rank 10

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Name- Rob Walton
Age- 75
Source Income- Walmart
Residence- Bentonville, Arkansas
Real Time Net Worth (As on April 10, 2020)- $53.90 Billion
2020 Billionaire Net Worth (As on April 7, 2020)- $54.10 Billion
Citizenship- The United States of America
Marital Status- Married
Kids- 5 Children
Education- Bachelor Degree in Arts/Science from University of Arkansas. He also completed Doctor of Jurisprudence from Columbia University.

Brief Biography of Rob Walton


  • Rob Walton is the eldest son of Sam Walton (Founder of Walmart). In 1992, Rob assigned as a Director of Walmart after the death of Sam Walton 
  • In 2015, Rob Walton retired from the Chairman of Walmart and replaced by his son-in-law, Mr. Greg Penner but Mr. Walton still sits on the Board of Walmart.  
  • In September 2019, Walmart would limit the ammunition and open carry guns after the mass shooting at one of its stores. 

Conclusion

That's all Folk!! Above are the Forbes billionaires list 2020 and this Forbes list is generated at 34th annual world's billionaires list which is released by Forbes on April 7, 2020. I hope you all like this information and if you have any queries please do comment below and ask your queries for the same!!


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