Richest billionaires in the world

Richest billionaires in the world

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admin Feb 20, 2017

Being global billionaire is beyond the imagination for most of the people.One thing all billionaires have in common is a large amount of money in cash or being part of stocks.Here is a list of 10 billionaires and how they invested their money, according to Wealth-X research.

 

Bernard Arnault - Chairman of LVMH

Bernard Arnault - Chairman of LVMH

 Bernard Arnault, aged 67, is the richest man in France.It's estimated net worth is: $38.1 billion.He got his business from his father who had a successful construction company.Apart from his father's company, he was focused on luxury goods.Through his Groupe Arnault, he is part of Christian Dior and LVMH Moët Hennessy Louis Vuitton.He is also a collector, having collected works by Pablo Picasso and Andy Warhol.His mansion located in Paris is worth $55 million and a home in the Bahamas worth $30 million, as well as yachts and art. 

 

Steven A. Ballmer - Former chief executive of Microsoft

Steven A. Ballmer - Former chief executive of Microsoft

 Steven A. Ballmer is known for his intelligence in mathematics.He scored 800 on the mathematics portion of the SAT and got his opportunity from a Harvard University.He lived in the same hostel as Bill  Gates, the co-founder of Microsoft. In 1980, he started working for Bill Gates. He was paid  $50.000.Shortly after, he bought the Los Angeles Clippers basketball team for a record of $2 Most of his net worth remains in company stock - $21.4 billion. Also, he has about $450 million in Twitter shares.His home in Huntsville is estimated $14 million net worth.

 

Susane Klatten - Deputy chairwoman of Altana

Susane Klatten - Deputy chairwoman of Altana

Susane Klatten is the richest woman in Germany.Her grandfather founded and industrial company that owned the German automotive company.He also owned the chemical giant Altana.Her father, took the family businesses when his father died in 1954.Kate received stakes in BMW in 1982 and now she is the sole owner.

Half of her net worth or $12.1 billion is from BMW Group.Extra 16% in Altana, and 1% in SGL Group. Her 22.5% of net worth is cash.

 

Azim Premji - Chairman of Wipro

Azim Premji - Chairman of Wipro

Azim Premji is an Indian business investor and philanthropist.He owns a company which produces hydrogenated oils.The company boomed through the 1980s and 90s.His estimated net worth is $10 billion. His properties and holding and probably much greater but he has used some of his money to protect his privacy.

 

Shari Arison - Owner of Arison Group

 Shari Arison - Owner of Rison Group

Shari Arison was born in New York but she lives between Tel Aviv and Miami.In 1972, her father started Carnival Cruise Line. In 1990 he moved back to Tel Aviv where he started Arison Investments.Later he gained the Israel's largest bank, Bank Hapoalim, and renamed itself Arison Group.Most of his inventions are concentrated in finance, real estate, infrastructure, renewable energy, and water.When the father died, he inherited 35% of the wealth.As an owner of Arison Group, she promotes good deeds.

Nowadays, Ms.Arison owns $1.6 billion of stock in Carnival Cruise Line, $1.6 billion of stock in Bank Haloalim, $1.1 billion in the Arison Group itself and holds $1 billion in cash. Her estimated net worth is $5.6 billion.

 

Kevin Systrom - Chief executive of Instagram

Kevin Systrom - Chief executive of InstagramKevin Systrom, aged 33, is the found of the most popular photo-sharing site Instagram. Mr. Systrom went to Stanford University and after graduating he worked at Google before working on his own. In 2010, he found out the idea of Instagram. Two years later, Facebook was interested in buying Instagram for $1 billion in cash and stock. He owned 40 percent of the company and he remains the chief executive.