20 Richest Billionaires in the World in 2020

Steve Ballmer

Coronavirus has been one of the highest global threats the world economy had faced, as it affects both the rich and the poor. Even the wealthiest people are not unscathed from this pandemic as it had caused some of them to lose their spot in the Forbes list of the wealthiest people.

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Forbes recently published a report of the world’s wealthiest people, which showed that there are about 2,095 billionaires in the world. This means there is a reduction of 227 people from the list.

These 2,095 billionaires have a net worth of $8 trillion, and this is $700 billion less than what they had in 2019. Coming up with an accurate list of wealthiest people was not easy for Forbes due to the market fluctuations caused by Corona.

This sudden changes in the business world made the net worth of each billionaire to fluctuate every day, so Forbes came up with the idea of real-time net worth tracking that would make it easy to know what each billionaire had at every point in time.

The report showed a significant reduction of 267 people who use to be billionaires and an addition of 178 people who reached the status of the billionaire in the year 2020. It also showed that the U.S had the most number of billionaires with a number of 614.

China, Macao, and Hong Kong have about 456 billionaires. Below are the 20 billionaires who made it to Forbes 20 wealthiest people in the world in 2020.

20. Julia Koch

Julia Koch

Julia was the wife of the late David Koch, the owner of the Koch industries, with his brother Charles. After he died Julia and her children inherited 42% of the company’s stake and a net worth of $46.5 billion

19. Charles Koch

Charles Koch

A philanthropist, a businessman, and the co-owner and CEO of the Koch industry, He made it to Forbes list of 20 wealthiest billionaires in the year 2020 with a net worth of $46.5 billion.

18. MacKenzie Bezos

MacKenzie Bezos

She is an American novelist and a philanthropist and also the wife of Jeff Bezos, the owner of Amazon. After their divorce, she received a 4% stake in Amazon, which was worth about $35 billion at the time. As of 2020, she has a net worth of $47.8 billion.

17. Carlos Slim Helu

Carlos Slim Helu

A Mexican businessman, investor, and the owner of the conglomerate ‘Groupo Carso.’ Which consists of brands in different industries, real estate, retail, energy media, health care are but a few of the sectors in his portfolio.

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With a net worth of $51.2 billion, Carlos sits on the 17th list of the 20 most abundant.

16. Mukesh Ambani

Mukesh Ambani

Mukesh is an Indian man and the chairman of Reliance Industry Limited (RIL), he is the richest man in the whole of Asia, this year he moved up the ladder and joined the ranks of the world richest with a net worth of $52.7 billion.

15. Francoise Bettencourt Meyers

Francoise Bettencourt Meyers

After her mother, Liliane Bettencourt, passed, she became the L’Oreal heiress in 2017, and now she runs the company as the chairwoman, owning 33% of the stake. She worth $54.2 billion as of 2020.

14. S. Robson Walton

S. Robson Walton

Rob was an heir to the fortune of Walmart, which is the largest world retailer, and he served as the chairman from the year 1992 till 2015. As of 2020, he has a net worth of $51.1 billion.

13. Alice Walton

Alice Walton

She is a daughter of Sam Walton and a profound lover of Art and heiress to the Walmart fortune. She founded the Llama company in 1988, which is closed down. She still worth $55 billion, making her the richest woman in the world and the 13th richest person in the world.

12. Jim Walton

Jim Walton

Jim is the son of Sam Walton, one of Walmart’s board of directors and the CEO of his company Arvest Bank. Currently worth $55.2 billion.

11. Michael Rubens Bloomberg

Michael Rubens Bloomberg

Bloomberg is an American politician, and He was once the mayor of New York City from 2002 to 2013. He is a co-owner and founder of Bloomberg L.P he worth $59.7 billion.

10. Amancio Ortega

Amancio Ortega

Amancio is Spaniard, who established the Inditex fashion group. This group owns one of the most popular clothing chains in the world, Zara. Amancio used to be the 5th richest man until he lost 25% of his stake, which is $20 billion, which is one of the most significant losses so far. He worth $60.5 billion.

9. Sergey Brin

Sergey Brin

Brin is an American software engineer and internet entrepreneur. He and Larry Page discovered Google in 1998. He worth $61.3 billion.

8. Larry Page

Larry Page

Together with Sergey Brin, they co-founded Google in a small garage in 1998. Their Google idea has become the most successful search engine in the world, and with the acquisition of YouTube, this made Larry the 8th richest man in the world. Networth:  $63.6 billion.

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7. Steve Ballmer

Steve Ballmer

The former CEO of Microsoft and the current owner o Los Angeles NBA Clippers, his estimated Net worth is $65.4 billion.

6. Larry Ellison

Larry Ellison
LOS ANGELES, CALIFORNIA – OCTOBER 24: Larry Ellison attends the Rebels With A Cause Gala 2019 at Lawrence J Ellison Institute for Transformative Medicine of USC on October 24, 2019 in Los Angeles, California. (Photo by Phillip Faraone/Getty Images)

Larry is an American investor, philanthropist, and CEO of Oracle Corporation, which employs over 136,000 people. Larry worth $66.4 billion, making him the 6th richest.

5. Warren Buffett

Warren Buffett

Buffett is the most successful investor worldwide as millions of traders look up to him due to his success. He owns Berkshire Hathaway. Buffett is said to be one of the richest and humble person as he still lives in the house he bought when he had no clue of what a billion-dollar was.

Net worth: $80.9billion in 2020.

4. Mark Zuckerberg

Mark Zuckerberg

Mark is the founder of Facebook, which is the most valuable and popular social media site in the world. Mark got his fame and riches from his invention of Facebook in his dorm room at Harvard. He currently worth $86.5 billion.

3. Bernard Arnault

Bernard Arnault

Everyone loves a good designer cloth, and Louis Vuitton is a design that is loved by all and in high demand. Bernard is the CEO of LVMH (Louis Vuitton Moet Hennessey) the fortune of his company has made him the 3rd richest man in the world.

His net worth is $94.1 billion.

2. Bill Gate

Bill Gate

Bill used to be the richest man in the world for several years, he co-founded Microsoft with Allen Paul in 1975 and since became the biggest Computer company in the world.
His net worth is $106.5 billion.

1. Jeff Bezos

Jeff Bezos

Jeff is the owner of Amazon, which is by far the most popular company on the web. Amazon started as an online bookstore, but over the year, it had risen to be the largest online company.

After he divorced his wife, he gave her 4% of his stake, which is worth billions, but this did not knock him off the 1st spot of the richest man.
His net worth is $146.9 billion.

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