Eight men now control as much wealth as the world's poorest 3.6 billion people, according to a new report from Oxfam Internationa
The men -- Bill Gates, Warren Buffett, Carlos Slim, Jeff Bezos, Mark Zuckerberg, Amancio Ortega, Larry Ellison and Michael Bloomberg -- are collectively worth $426 billion, the anti-poverty group said on Sunday.
warren Buffet
Known as the "Oracle of Omaha," Warren Buffett is an investment guru and one of the richest and most respected businessmen in the world.
He derived his fortune from his extensive holdings in a
considerable number of Mexican companies through his conglomerate, Grupo
Carso.
As of 31 July 2016 he was #7 on Forbes list of billionaires, with a net worth
estimated at US$50 billion.
He is the founder, chairman, and chief executive officer of Amazon.com,
which became the world's largest online shopping retailer.
The company began as an Internet merchant of books and expanded to a wide variety of
products and services, most recently video
streaming and audio streaming. Amazon.com is currently the world's largest
Internet sales website on the World
Wide Web.
Bezos' other diversified business interests include aerospace
and newspapers.
He is the founder and manufacturer of Blue
Origin (founded in 2000) with test
flights to space beginning in 2015, and plans for commercial suborbital human spaceflight beginning in
2018.[In 2013, Bezos purchased The Washington Post newspaper. A
number of other business investments are managed through Bezos Expeditions.
He is currently the 2nd richest person in the world, with an
estimated net worth of US$70.70 billion as of January 2017.
Mark Zuckerberg is co-founder and CEO of the
social-networking website Facebook, as well as one of the world's youngest
billionaires.
Amancio Ortega founded Spanish clothing seller Inditex which
owns the Massimo Dutti, Bershka, Pull and Bear and Zara brands
An American businessman,
entrepreneur, and philanthropist who is co-founder of Oracle Corporation and was CEO from its founding
until September 2014. He currently serves as executive chairman and chief technology
officer of Oracle. In 2014, he was listed by Forbes
magazine as the third-wealthiest person in America and as the
fifth-wealthiest person in the world, with a fortune of US$56.2 billion.
Bloomberg is the founder, CEO, and owner of Bloomberg
L.P., a global financial services, mass media, and software company that
bears his name, and is notable for its Bloomberg Terminal, a computer software system
providing financial data widely used in the global financial services industry.
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