MARK ZUCKERBERG AFTER CROSSING THIS BUSINESS TYCOON, BECAME THE THIRD RICHEST PERSON IN THE WORLD
According, to the recent reports of Bloomberg Billionaires Index the CEO and co-founder of Facebook, Mark Zuckerberg, has now become the third richest person on earth leaving behind Warren Buffet, the CEO of Berkshire Hathaway and one of the most successful investors in the world. A new record with all the three billionaires being a global technology giants is in the front of the world.
Chairman Founder & CEO of Amazon
The index further shows that Jeff Bezos, Chairman Founder & CEO of Amazon is the richest person in the world. He has his total wealth of 142 Billion USDollars.
Chairman and CSA of Microsoft
According to the index, after Jeff Bezos comes Bill Gates, Chairman and CSA (Chief Software Architect) of Microsoft. It is the world’s biggest Software Company. He has his personal worth of 94.2 Billion Dollars. In June, 2006 Gates changed his full-time job from Microsoft to part-time and making Bill and Melinda Gates foundation as its full-time Job. Gates always use anti-competitive business tactics for his business.
Co-founder and the CEO of Facebook
Mark Zuckerberg with his third position, has a personal worth of 81.9 billion US Dollars. He is the co-founder and the CEO of Facebook. The owner of social network which holds now almost whole of the world on the same platform with more than of 2billion peoples and still counting.
Chairman of Berkshire Hathaway
Now, it is Warren Buffett who with his net worth of 81.2 billion dollars. He is the chairman and the largest shareholder in Berkshire Hathaway. Warren Buffett is considered as ‘Oracle’ , ‘Wizard’ or ‘Sage’ of Omaha by the world. Buffet supports charity causes and have pledged to give away his 99% of his wealth in charity via the Bill & Melinda Gates foundation.
Founder and Chairman of Inditex fashion group
Then Bloomberg index shows Amancio Ortega as the fifth richest person in the world. He has the worth of 76.1 billion Dollars. He is the Founder and Chairman of Inditex fashion group, which is also known for its Chain of brand Zara. It holds more than 7500 stores in whole of the world which gives him the turnover of around $29 Billion.
Reasons behind success
The index in it’s reports made it very clear that now technology is framing up the order of business. The development of the technology and its reach to the people is playing the major role in standing of these technology giants.
We can understand the value of technology’s growth by a simple facts. It is about 1/5th of more than 5 trillion US Dollars.
Main reason for the down-come of Warren was his charitable activities. He donates his millions of dollars to trust and other types of charity and mainly to Bill foundation, the shares which are now with a value of 50 billion dollars.
By- Chetan Jain