Pierre Omidyar is an American Entrepreneur and a software engineer who founded the successful online auction platform, eBay in 1995. He was the Chairman of the company from 1998 to 2015. He soon became a billionaire as soon as eBay issued an Initial Public Offering (IPO) in 1998. As of 2021, he has an estimated net worth of$21.4billion and is said to be the 24th richest person in the world.
In 2010, he launchedan investigative news service, Honolulu Civil Beat. He created a journalism venture called First Look Media in 2014. As a Philanthropist, he and his wife cordially founded Omidyar Network in 2004 with an aim to expand their efforts beyond non-profits to include for-profits and public policy, which would serve the purpose of the philanthropic investment firm.
Pierre was born to Iranian parents, who migrated to France for higher studies. He grew up in Paris and was formerly named Parvez. His father, Cyrus Omidyar is a surgeon, who currently practices in Aliso Viejo, California.
His mother, Elane Mir-Djalali is an academic who earned her doctorate in linguistics at the Sorbonne. The family shifted to the US owing to his father’s job location, as he initially worked as an urologist at Johns Hopkins University in Baltimore.
He married Pamela Karr, who is also one of the co-founder of his philanthropic firm, Omidyar Network. He is also a benefactor to the US Democratic Party candidates and organizations. In 2010, he joined Bill Gates and Warren Buffet’s “giving pledge”. He publicly committed to giving the majority of his wealth for charitable causes and becoming a philanthropist.
“When you create wealth in a short time, you think about philanthropy as you think about a business.” –Pierre Omidyar
Pierre Omidyar – Education
Pierre completed his elementary studies from Punahou School in Honolulu and he currently serves on its Board of Trustees. He took a great interest in computers while studying in ninth-grade at The Potomac School in McLean, Virginia. He graduated from St. Andrew’s Episcopal School, Maryland in 1984.
He completed his bachelor’s degree in Computer Science from Tufts University, Massachusettsin 1988. During his undergraduate years, he also studied at the University of California.
Pierre Omidyar – Professional Life
After completing his studies, Pierre went to work for Claris, a subsidiary of Apple Computer. He worked there on the team that upgraded MacDraw to MacDraw II. He co-founded a pen-based computing startup, Ink Development in 1991. However, his startup was later re-branded as an e-commerce firm with the new name of eShop Incorporation. The company was acquired by Microsoft on 11 June, 1996 for less than $50 million and he earned $1 million from the deal.
Pierre Omidyar- Founder of eBay
eBay logo
Pierre established his e-commerce company, eBay in 1995. The company is headquartered in San Jose, California. At age 28, he started coding for an online venture that would enable a direct person-to-person auction for collectable items. On 4 September 1995, he launched the online auction service called Auction Web which eventually became the auction site eBay.
By 1996, he signed a licensed deal of selling airline tickets online. It hosted two million auctions within the first month. By 1997, he renamed the company from Auction Web to eBay and was strategic enough with effective advertising.
He served as the Chairman of the company from 1998 to 2015. He also served as the Board member of eBay till 2020. Omidyar was named under the billionaires after eBay launched its IPO successfully in September 1998.
The company bought an online payment company, PayPal in 2002. However, the payment firm spun-off and currently Omidyar owns 6% of it. In 2020, he stepped down from the Board of eBay owing to his involvement of a broader overhaul of the company. At eBay, he will continue to serve as director emeritus, which is an honorary title.
Pierre Omidyar – Founder of Omidyar Network
Omidyar network Logo
Pierre and his wife, Pamela established his philanthropic investment firm, Omidyar Network in 2004. The organization aims at improving the lives of people by creating opportunities and enhancing the power of markets. It basically invests in innovative organizations to beget economic, social and political change.
Reportedly, it has committed more than $992 million to nonprofit organizations and for-profit companies that stimulate economic advancement and revitalize individual participation across multiple investment areas.
Mr. and Mrs. Omidyar along with Richard Branson had established the Nduna Foundation (Founder- Amy Robbins), Enterprise Zimbabwe in 2010. He further established Luminate, a global philanthropic organization in 2018. After governing it for ten years, Omidyar separated the organization into a separate unit.
Pierre Omidyar – Founder of Honolulu Civil Beat
Honolulu Civil Beat
Pierre has been involved in online journalism since 2010, and he is serving as the head of investigative reporting and public affairs news service, Honolulu Civil Beat which covered civic affairs in Hawaii. The venture later partnered with HuffPost with the latest weblog regional addition, HuffPost Hawaii. Starting a media company of his own and providing people with real facts was his aim.
The news outlet is all about providing people all the news related to public affairs. All the public issues that outlet report has only one aim and that is to educate people and the community and make them aware of all kind of situations.
Pierre Omidyar – Founder of First Look Media
First Look Media Logo
Pierre Omidyar founded this media organisation in the year 2013 with the only goal in his mind to empower independent journalists and make their voices heard. It is a nonprofit organisation that focuses on investigative journalism and documentary filmmaking.
Omidyar started this project and promised to provide funds of $250 million and decided to aid different publications. The organisation started the journey of supporting publications by launching The Intercept. Not only that, First Look Media started producing podcasts as well.
Omidyar focus through First Look Media was to hold the importance of freedom of expression and freedom of the press. Pierre Omidyar decided to develop the organisation in such a way that the media will provide information to the audience in a way of storytelling.
Pierre Omidyar – Honors & Awards
Received the Honorary doctorate from Tufts University in 2011
Bestowed with the EY Entrepreneur of The Year National Winner in 1999
Conferred with the Golden Plate Award of the American Academy of Achievement in 2000
He was named the 2018’s Third Most Influential French Entrepreneur by Richtopia
FAQ
What is the Net worth of eBay owner Pierre Omidyar?
As of 2021, the net worth of Pierre Omidyar is$21.4billion.
Pierre Omidyar is the founder of what ecommerce platform?
Pierre Omidyar co-founded a pen-based computing startup, Ink Development in 1991. However, his startup was later re-branded as an e-commerce firm with the new name of eShop Incorporation.
Why did Pierre Omidyar create eBay?
Pierre Omidyar created an online auction site to help his wife trade and collect Pez candy dispensers.
How does eBay make money?
eBay makes its money from the section on transaction fees, which it applies to sellers.
Africa is known to be the richest and most diversified culture globally. The Economy of Africa consists of trade, Community, Industry, and Human Resources, which has a diverse economic growth that turns to potential growth for Africa. With the help of great Business Tycoons, Africa has immensely seen a significant increase in all Industries.
As Said, “with time, everything will come ” Africa has seen potential growth with all the Richest Entrepreneur in the region. Who makes all the massive changes to make the economy rich? Now let us see the top 15 Richest People in Africa one by one.
Chairman and CEO: Dangote Group Net Worth: $1,400 Crores
Aliko Dangote | Richest People in Africa
Aliko Dangote has proven to be one of the Richest People in Africa. He is known to be chairman and CEO of Dangote Group. Kicking off the journey as a Normal Trader in the Food and sugar Industry to achieve Milestones, he is known to be the best Business Tycoon in Africa. The young youth of Africa has followed the leadership quality that Aliko maintains.
Aliko Dangote net worth
Also, he has consecutively maintained his richest billionaires position for the last eleven years. He also involved himself in the sugar, salt, fertilizers, and food industries. Aliko Dangote’s net worth is 1,400 crores USD.
Johann Rupert
Chairman: The Swiss Based Luxury Goods and commodities Net Worth: $960 Crores
Johann Rupert | Richest People in Africa
Johann Rupert is the chairman of The Swiss Based Luxury Goods and commodities. Being a part of such luxury Goods and being taken to the next level, he has improved the power of commodities. Richemont produces and sells jewelry, watches, leather goods, pens, firearms, clothing, and accessories through its various subsidiaries.
Johann Rupert’s Net Worth
Making the kind of products and making them available to all the Brands, He has successfully achieved a position in the market. Also, today he is known to be the second Richest person In Africa.
Being the king of luxury goods, he has captured great success in the market with a net worth of 960 crores USD. Soul of 3 children, he has supportively made himself the best family man.
Nickey Oppenheimer
Ex-Chairman: De Beers Net Worth: $870 Crores
Nickey Oppenheimer | Richest People in Africa
Coming towards the 3 richest people in Africa. “Success is best when it’s shared.” So well said, by someone, the story of success is only known by the person who has achieved success in their life, introducing one of the best people in Africa known for the best in Diamond Jewish in Africa “Nickey Oppenheimer.”
Believing consistency is very much crucial for one being. Oppenheimer family has directed much of its outstanding efforts toward the heritage culture of the southern African Region. Hence, being rich is not enough if you don’t have such down towards nature for your region.
Nicky Oppenheimer’s Net Worth
He has a net worth of 870 crores USD (2022), contributing to the GDP. Also, he has been awarded renowned awards that the people have way appreciated.
Moving toward the 4th richest person who kicked off his career in the native place of Swaziland, the first fortune where he launched a corn mining business. With the increasing year, he expanded it into the wholesale Food Distribution apartheid, South Africa, supermarkets, and commercial property development.
Introducing Natie Kirsh, well known as a “Swazi Billionaire businessman,” heads the Kirsh group and holds a majority stake in New York State. Not only in Africa, but he has also greatly empowered other countries.
Natie Kirsh’s Net Worth
Being a native of Swaziland, and we know the poverty rate of Swazi is 69.2 percent, he contributed affordable loans and training to the Swazi women. With current Forbes, his Net worth is 540 crores USD (2022).
Nassef Sawiris
Net Worth: $820 Crores
Nassef Sawiris | Richest People in Africa
Next richest personin Africa is Nassef Sawiris.
He is known to be a dedicated person when it comes to working; also, he was known as an Egyptian billionaire businessman. The latter involved himself in the business of Fertilizers to the sports section with one of the prominent brands, Adidas; he has successfully skillfully captured the market. Apart from that, he also has stakes in the most significant cement Industry.
Nassef Sawiris’s Net Worth 2022
Not only this, the Sawiris family was involved in other sectors like telecommunications, construction, tourism industries, and Technologies. Sawiris’s family believes in the patriarchal system; with such a kind heart nature and regional belongings, the total net worth stands out to be 820 Crores USD.
Abdul Samad Rabiu
Founder: BUA Group Net Worth: $680 Crores
Abdul Samad Rabiu | Richest People in Africa
Abdul Samad Rabiu is also a Nigerian billionaire businessman and philanthropist; he is the founder of the BUA group, which is mainly into manufacturing, industries, and agriculture.
Abdul is more towards the nation’s worth, which means he is involved in the agricultural sector, and he also has a good equity share in the market, making him the richest man in Nigeria in 2021.
Abdul Samad Rabiu’s net worth
Abdul started his career as a Commodity Trader, and to achieve the milestone, he kept investing in the Economic of Nigeria. Currently, the net worth of this Great Entrepnure is 680 Crores USD.
Mike Adenuga
Founder: Globacom Limited Net Worth: $730 Crores
Mike Adenuga | Richest People in Africa
Coming next, Mike Adenuga is the seventh most prosperous Nigerian billionaires Businessman. He has the second largest Telecom operator presence in Ghana, and Benin also takes significant shares in the Equatorial Trust bank and oil exploration Firms.
His parents are from a very decent background as his father was a teacher while his mother was a businesswoman. At 26, Mike made his first million by selling lace and soft drinks. Mike also worked as a taxi driver to cover his university education funds.
Mike Adenuga’s Net Worth 2022
Currently, he has a net worth of 730 Crores USD with great success in the telecom sector.
CEO: Cevital Industrial Group Net Worth: $510 Crores
Issad Rebrab | Richest People in Africa
He is known as the founder and CEO of cevital Algerian billionaire businessman. He also started his career as a teacher, but not for a long time. Around 1955 his central installation was destroyed. Due to a terrorist attack after that, he opens his firm into steel and metal sider. Due to some corruption probe, he was supervised incarcerated at the prison but later on, he was released.
Issad Rebrab’s net worth
Metal sider is one of the biggest agricultural Businesses, which later became the largest Private Algerian company with 510 Crores USD.
Naguib Sawiris
CEO: Orascom Telecom Media & Technology Net Worth: $340 Crores
Naguib Sawiris | Richest People in Africa
As we know, the demand for the telecom sector, Sawiris built the railway Telecom sector and information and technology sector for the nation’s potential growth. NAGUIB also holds a majority stake in the pan European Television Channel, and currently, he is the CEO of Orascom Telecom Media & Technology.
Naguib Sawiris’s net worth
He is the ninth richest person in Africa, with a net worth of 340 crores USD. He is known as the Egyptian Billionaires Businessman and Chairman of weather Investment.
Patrice Motsepe
Ex-President: Confederation of African Football Net Worth: $350 Crores
Patrice Motsepe | Richest People in Africa
Patrice Motsepe has been the South African Mining Billionaire since 2021. He has been serving as the president of the confederation of African Football, also known as president of the confederation of African Football. In 1994 he served to be the first black partner in the law firm, and the same year Patrice was elected as the country’s first black president.
In 1977 he thought to keep investing and get involved in Gold Mining as gold was low; he purchased the marginal gold mines from Anglogold under favorable finance terms.
Patrice Motsepe’s net worth in 2022
He has been awarded many good awards as he has a keen interest in the sports section; currently, he has a net worth of 350 crores USD (2022)
Koos Bekker
CEO: Naspers Net Worth: $230 Crores
Koos Bekker | Richest People in Africa
Koos Bekker is the CEO of Naspers, a typical businessman involved in the capital market and stock exchange. Naspers operates in 130 countries and is listed on the London Stock Exchange. It has the largest market capitalization of any media outside us china and India.
Eventually, he started his career with pay television services, and with a couple of milestones, he firmed the sister companies, eventually expanding to 48 countries across Africa.
Koos Bekker net worth
If we talk about Forbes list, Bekker is listed as the wealthiest person. Also, he has been involved in the stock exchange’s tremendous success, which has immense he made a net worth of 230 crores USD.
Keep the facts that he has a keen interest in the mobile industry. Also, with the help of the stock exchange, he earned a lot.
Youssef Mansour
Owner: Mansour Group Net Worth: $150 crores
Youssef Mansour – Richest People in Africa
He is known as the Egyptian Businessman, owner of the Mansour Group is currently the largest distributor of the General Motors vehicle in Egypte. Handling the business into a diversified field is also immensely, taking the family business to great heights with many achievements.
Youssef Mansour’s net worth
If we talk about the net worth, which is 150 crores USD.
Mohammed Dewji
CEO: METL Net Worth: $150 Crores
Mohammed Dewji – Richest People in Africa
He is known for being the CEO of METL, a Tanzanian conglomerate founded by his father. METL deals with diverse fields of textile manufacturing, flour milling beverages, and edible oils in different regions.
Moreover, METL is operated in six different African countries and has a great vision to expand to several other regions.
Mohammed Dewji’s net worth
Being struggled, Kidnapped, and seen up and down in the business, he never stopped himself to achieve success, and the total net worth of this young entrepreneur is 150 crores USD.
Othman Benjelloun
CEO: BMCE Bank of Africa Net Worth: $140 Crores
Othman Benjelloun – Richest People in Africa
He is the CEO of BMCE Bank of Africa, which has a presence in more than 20 African countries.
Talking about the shares he holds in the share of company finance.com also, he has a stake in the Moroccan arm of French telecom firm Orange.
Othman Benjelloun’s net worth
He has a net worth of 140 crores USD.
Michiel Le Roux
Founder: Capitec Bank Net Worth: $190 Crores
Michiel Le Roux – Richest People in Africa
Being involved in the capital market and stock exchange, he is known to be the founder of Capitec Bank in 2001 and owns about an 11% stake. Moreover, he is known as the chairman of the board of Capitec.
Michiel Le Roux’s net worth
The hands for making this big success is because of the capitec bank. Currently, he owns a net worth of 190 crores USD.
Conclusion
Making things and achieving a great note of success is unbelievable; the great Entrepreneurs of Forbes have made an apparent success for the country. Of course, eventually, things will take time, but the level of dedication that this great gentleman has put to making the nation renowned is way appreciable.
It is well said that “good things take time” the culture that African Religion follows is of harmony, tradition, practices, rites, music, and other literature that builds the economy. They believe together, which is a significant result for success.
The great entrepreneurs are well known for their unique identity, which makes a massive difference to everyone as that is how they are making it up to other people. They are the true inspiration for the young generation, and some fellow people follow in the footsteps of these famed Entrepreneurs.
FAQs
Who are the top 10 billionaires in Africa?
Top 10 billionaires in Africa are:
Aliko Dangote
Johann Rupert
Nickey Oppenheimer
Nassef Sawiris
Abdul Samad Rabiu
Mike Adenuga
Issad Rebrab
Naguib Sawiris
Patrice Motsepe
Koos Bekker
Who holds the first position of the African’s richest person?
Aliko Dangote is the richest man in Africa since 11 years.
What is the national currency in South Africa?
The South African rand (ZAR) is the national currency of the country of South Africa.
People have gained notoriety by accomplishing something that inspires amazement in the rest of the world. From the creation of the world’s first microcomputer through the establishment of a space research agency dedicated to the launch of numerous ships.
From political decisions to social and economic transformations, billionaires play a critical role in influencing the world. We’ve compiled a list of the world’s top 20 billionaires, who have risen to the top through extraordinary achievements.
As we all know, from being the founder of SpaceX to becoming the CEO of Tesla and also owns many titles such as the founder of Neuralink, OpenAI, and The Boring Company. Elon Musk is a force to be reckoned with in the world of technology, which ultimately made him the world’s richest person as of now with a net worth of $235 Billion.
Elon Musk began his career in 1995 when he and his brother Kimbal Musk founded Zip2, a web software company that did not succeed and went out of business in 1999.
Elon Musk founded X.com, an online financial services platform that merged with PayPal, with Musk owning 11.7 per cent of the company’s stock.
Musk’s life took a turn in 2001 when he started SpaceX with the goal of decreasing space transportation costs. SpaceX deployed roughly 34 satellites in 2021 and plans to launch 52 more by 2022.
After that, in 2004, Elon Musk became Chairman of Tesla by investing a majority stake in the company with the intention of producing electric vehicles. When questioned about his development of Tesla-electric cars, he refused to give up and backed up his assertion that electric cars are both efficient and conventional, resulting in Tesla scoring the largest market in the automobile business by 2021.
Jeff Bezos
Net Worth- $181 billion
Industry- Technology
Country- United States
Jeff Bezos
Almost half of the population has made a purchase from Amazon, the world’s largest online marketplace, which sells everything from A to Z and was founded by Jeff Bezos. Bezos founded Amazon in 1994 as an online bookshop, subsequently expanding to other consumer goods.
During the 2000s, he experienced financial ups and downs, and in 2016, the firm raised approximately $671 million, which is the greatest sum ever raised in Amazon shares. According to Forbes, Jeff Bezos surpassed Bill Gates as the world’s wealthiest person in 2017.
Moreover, Bezos is the founder and CEO of The Washington Post, an American newspaper publishing firm, and Blue Origin, aerospace, and spaceflight manufacturing company, in addition to being the founder and CEO of Amazon. With a net worth of $181 billion as of February 2022, Jeff Bezos is the second richest person on the planet.
Bernard Arnault
Net Worth- $161 billion
Industry- Consumer
Country- France
Bernard Arnault
When we think of “global fashion,” the first words that come to mind are Paris or LVMH Moët Hennessy Louis Vuitton. Bernard Arnault founded Louis Vuitton, the world’s most recognizable luxury goods fashion brand, in 1987. Initially, Arnault and his managerial partner, Antoine Bernheim, invested together in Boussac Saint-Frères, a subsidiary of Christian Dior.
In 1987, Bernard was encouraged to invest via Joint Venture with Guinness PLC by former LVMH chairman Henri Racamier. Bernard later founded the world’s largest duty-free chain in the 1990s, which included Sephora, Loewe, Celine, Berluti, Christain Lacroix, and other well-known fashion labels.
Bernard also extended his business in the 2000s by acquiring premium labels such as La Samaritaine, Fendi, Bulgari, and Tiffany & Co. Bernard has earned the title of “Europe’s wealthiest person,” with a net worth of approximately $161 billion.
Bill Gates
Net Worth- $128 billion
Industry- Technology
Country- United States
Bill Gates
With the exception of 2010, 2011, 2012, and 2013, the world-famous billionaire, investor, author, philanthropist, and co-founder of Microsoft has appeared on the list of the world’s wealthiest people every year since 1987.
Bill Gates was a key figure in the microcomputer revolution in the 1970s and 1980s. Gates enrolled in his first software program when he was very young, and he was particularly interested in programming the General Electric system in BASIC.
In 1970, four students were grouped -Bill Gates, Paul Allen, Kent Evans, and Ric Wieland & created the ‘Lakeside Programming’ club to make money. In 1975, Gates founded ‘Microsoft’ with his friend Paul, and produced the first-of-its-kind programming language BASIC for the Altair 8800 ‘Microcomputer,’ an early personal computer.
Following the merger with IBM, Gates released the first retail version of Microsoft Windows in 1985, making him the richest person on the planet with $128 billion in February 2022.
Larry Page
Net Worth- $121 billion
Industry- Technology
Country- United States
Larry Page
He is the co-founder of Google and a computer scientist and Internet entrepreneur from the United States. In 1998, Page and his friend Sergey Brin teamed up to create the domain name ‘Google.’
With one billion URLs at the time, Google became the most searched web in 2000. After hiring Sundar Pichai into the Google team as CEO and Eric Emerson Schmidt in 2011, he withdrew from Google.
Larry Page also founded Google’s parent firm, Alphabet, the world’s largest search engine operator, from which he stepped down in 2019 but remained a board director. Larry Page’s net worth is predicted to be 121 billion dollars, putting him in fifth place on the list of the world’s wealthiest individuals as of February 2022.
Warren Buffett
Net Worth- $115 billion
Industry- Technology
Country- Diversified
Warren Buffett became the richest man in the world as a result of his partnerships with major corporations such as Apple Inc., Coca-Cola, Bank of America, Kraft Heinz, BYD, DaVita, and others. He is recognized as the ‘Oracle of Omaha,’ as a successful investor in both the twentieth and twenty-first centuries.
Buffett’s primary investment was a large interest in the textile producer Berkshire Hathaway Inc. in 1965, which proved to be a huge shot in his career. He is currently holding the sixth richest person in the world as per Bloomberg Billionaires Index, worth 115 billion dollars.
Sergey Brin
Net Worth- $116 billion
Industry- Technology
Country- United States
Sergey Brin
As I stated above, Sergey Brin, a Google partner as well as the co-founder, assisted Larry Page in the development of the world’s first online search engine internet- Google. Brin followed Page’s lead and stepped down as CEO of Google and Alphabet.
Brin was a Stanford student when he met Page and developed the PageRank Algorithm, which led to the creation of Google, a California-based firm founded in 1998. Sergey Brin is the 7th most powerful person on the list of the world’s richest people, with a fortune of $115 billion, as of February 2022.
Steve Ballmer
Net Worth- $108 billion
Industry- Technology
Country- United States
Steve Ballmer
He is a businessman and investor from the United States who served as the CEO of Microsoft for 14 years, from 2000 to 2014. Bill Gates hired Steve Ballmer as his first business manager in June 1980, offering him 5 to 10% of the company’s stock.
After antitrust litigation against competing corporations, Steve Ballmer was given the post of CEO of Microsoft in 2000. Steve was interested in sports and had planned to invest in the Seattle SuperSonics, but instead moved to Oklahoma City and began playing for them. Ballmer invested approximately $650 million after Chris R. Hansen proposed bringing the Seattle SuperSonics back.
Later that year, there was an auction for the Los Angeles Clippers, in which Steve Ballmer was the biggest bidder in sports history, winning $2 billion. In February 2022, Steve Ballmer’s net worth was estimated to be $108 billion.
Oracle Corporation, a Texas-based firm founded by Larry Ellison in 1977, is the world’s second-largest software company. Larry and Bob Miner worked at Ampex Corporations on a similar version of Edgar Ted Codd’s remarkable work on IBM’s ‘rational database,’ which led to the establishment of Oracle Corp. The ‘Structured Query Language (SQL)’ was Oracle’s initial database application, and it immediately became popular.
The program’s first customer was the United States Air Force, who employed it at Wright-Patterson Air Force Base. In 2021, he became an exclusive member of Oracle Corporation after purchasing 40% of the company’s stock. He is also the world’s ninth richest person with the asset 97.7 billion dollars, according to the Bloomberg Billionaires Index for February 2022.
Mukesh Ambani
Net Worth- $91.1 billion
Industry- Energy
Country- India
Mukesh Ambani
For long-standing, Ambani is the first richest Asian in the world according to the Bloomberg Index. He is the owner of Reliance industries limited, which is considered the most valuable brand on the Fortune Global 500 list. Ambani took his late father Dhirubhai Ambani’s steps in developing RIL and its expansion in the field of petrochemicals, natural gas, mass media, textiles, and telecommunications.
Reliance Industries Ltd. is the largest retailer in India and held the title of India’s richest person on Forbes list for the past 10 years. In 2018, Ambani became the richest Asian over Jack Ma– CEO of Alibaba Group with 44.3 billion dollars as net worth. As of now, Mukesh Ambani’s net worth is $91 Billion.
Gautam Adani
Net Worth- $85.2 billion
Industry- Industrial
Country- India
Gautam Adani
Gautam Adani is an Indian industrialist and philanthropist worth billions of dollars. He is the creator and chairman of the Adani Group, a transnational firm founded in Ahmedabad that works in port advancement and projects in India. Adani also administers as the president of the Adani Foundation, which is governed by his wife, Priti Adani.
Adani was born on June 24, 1962, in Ahmedabad, Gujarat, to Shantilal and Shanti Adani and has 7 siblings. His father worked for a modest textile company. Adani was interested in business, but not in his father’s textile company. In 1978, Adani began his work as a diamond sorter for Mahendra Brothers, and in 1981, he took over as the manager of his brother’s plastics project.
He began importing primary polymers for small-scale manufacturers in 1985, and by the early 1990s, he had expanded his firm to include metals, textiles, and agricultural items.
Adani joined the power generation business in 2006. Adani won the world’s largest solar bid, worth $6 billion, from the Solar Energy Corporation of India in May 2020. Adani purchased a 74% share in Mumbai International Airport, India’s next busiest airport, in September 2020. And after continuously accomplishing his enterprise, he ultimately came to be Asia’s richest person in February 2022.
Mark Zuckerberg
Net Worth- $83.6 billion
Industry- Technology
Country- United States
Mark Zuckerberg
One of the most extensively utilised social media networks is Facebook. Mark Zuckerberg is the co-founder of Facebook as well as the chairman of Meta, the business that owns Facebook. Zuckerberg was born on 14 May 1984 in White Plains, New York, United States. Zuckerberg was studying at Harvard University. In February 2004, Zuckerberg and his Harvard University roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes created Facebook from their dorm room.
Initially limited to a few college campuses, the site quickly grew in popularity and finally surpassed one billion users by 2012. In May 2012, Zuckerberg took the firm public with a controlling stake. He came to be the world’s youngest self-made billionaire at the age of 23 in 2007.
Since 2008, Time magazine has labelled Zuckerberg as one of the world’s 100 most influential people as part of its Person of the Year award, which he won in 2010.
Zuckerberg was positioned 10th on Forbes’ list of the World’s Most Powerful People in December 2016. According to the Forbes Real-Time Billionaires Index, Zuckerberg’s net worth was $83.6 billion on February 4, 2022, and his net worth went low by $29.7 billion due to a drop in Meta Platforms shares, which caused the social media giant to lose roughly a fourth of its market price.
Francoise Bettencourt Meyers
Net Worth- $81.2 billion
Industry- Consumer
Country- France
Francoise Bettencourt Meyers
We read about many wealthy guys in the previous sections, and now it’s time to meet Francoise Bettencourt Meyers, the world’s wealthiest woman. Françoise Bettencourt Meyers is a rich inheritor from France. She was born in Neuilly-sur-Seine, France, on July 10, 1953. L’Oreal was founded by her grandfather, Eugène Schueller.
Bettencourt Meyers’ net worth was over $39.5 billion in 2017, putting her among the top 20 wealthiest persons on the planet. Even though Francoise Bettencourt Meyers had a 33% interest in L’Oreal, Françoise devotes her time to writing novels.
The heiress is a writer who has written books on everything from Greek mythology to the Bible. She was raised Catholic and is academic. She even co-founded the Bettencourt Schueller Foundation with her mother in 1987 to assist scientific, artistic, and humanitarian studies.
According to the aforementioned Vanity Fair profile, she favoured playing the piano or reading books even as a child. According to the Bloomberg Billionaires Index, she was the world’s richest woman in January 2022, with a net worth of $81.2 billion.
Binance is one of the world’s major cryptocurrency exchanges and it was created by Changpeng Zhao, also known as CZ. He is the founder and CEO of Binance. Changpeng Zhao was born in Jiangsu, China, on September 10, 1977. He was raised in Canada, where he completed his education.
CZ began working when he was a teenager in order to assist his parents. In the 1980s, he worked at McDonald’s. He later studied Computer Science at McGill University. He was also interested in stock markets and trading, which influenced his decision to pursue this profession. Zhao worked as the chief technology officer of OKCoin and was a part of the Blockchain.info development team.
As of January 23, 2022, his net worth was computed to be $96 billion, propelling him the wealthiest person in Canada and he has earned the 14th stance in the chart of richest persons on the planet, according to Bloomberg Billionaires Index.
Zhong Shanshan
Net Worth- $75.8 billion
Industry- Diversified
Country- China
Zhong Shanshan
Zhong Shanshan is a rich Chinese businessman. He is the majority owner of Beijing Wantai Biological Pharmacy Enterprise and the creator and chairman of the Nongfu Spring beverage firm.
Zhong was born in the Chinese city of Hangzhou in 1954. In 1977, he began his career as a journalist at the Zhejiang Daily and then moved into the business world. After relocating to Hainan, he worked as a sales representative for the Wahaha beverage company, where he marketed healthcare supplements.
Zhong established a bottled water firm in Hangzhou in 1996, named Nongfu Spring. His company grew prosperous as a result of his hard effort. He was the sixth wealthiest person in the world in 2021, with a net worth of 95 billion dollars, but he plummeted after suffering a significant loss. He owned 84.4 per cent of Nongfu Spring and was the company’s chairperson as of January 2021.
Carlos Slim
Net Worth- $69.5 billion
Industry- Diversified
Country- Mexico
Carlos Slim
Carlos Slim Hel is a philanthropist, investor, and telecommunications billionaire from Mexico. Slim was born in Mexico City on January 28, 1940. He had an interest in business since he was a child.
He began investing in government savings bonds when he was 11 years old, and at the age of 12, he bought shares in a Mexican bank, eventually becoming the largest shareholder in the country. In civil engineering, he received his diploma.
Education, health care, industrial manufacturing, transportation, real estate, media, energy, hospitality, entertainment, high-tech, retail, sports, and financial services are among the industries represented in his alliance.
His net worth is equal to around 6% of Mexico’s gross domestic product, and he controls 40% of the Mexican Stock Exchange’s listings. He is the richest person in Latin America. With a net worth of $69.5 billion as of January 2022, Bloomberg Billionaires Index rated him as the world’s 16th richest person.
Jim Walton
Net Worth- $61.5 billion
Industry- Retail
Country- United States
Jim Walton
James Carr Walton, an American businessman and the heir to Walmart’s riches, is the world’s biggest merchandiser. Jim Walton was born in the Arkansas town of Newport, in the county of Jackson. Walton earned a bachelor’s degree in Business Administration in Marketing from the University of Arkansas in Fayetteville, Arkansas, in 1971, after graduating from Bentonville High School in 1965.
He joined Walmart in 1972 and worked in the company’s real estate division. In 1975, he became president of Walton Enterprises, a family business, after serving for four years. He was CEO of his family’s Arvest Bank before becoming Chairman of Arvest Bank and Chairman of Jim Walton’s newspaper company, Community Publishers Inc. (CPI). Walton was noted to possess more than 152 million Walmart stakes worth more than $11 billion in September 2016.
According to the Bloomberg Billionaires Index, Walton was the seventeenth richest person on the planet in January 2022, with a net worth of US$61.5 billion.
Amancio Ortega
Net Worth- $60.5 billion
Industry- Retail
Country- Spain
Amancio Ortega Gaona is a Spanish billionaire businessman. He is the founder and former chairman of Inditex fashion group, best known for its chain of Zara clothing and accessories shops. He was born on 28 March 1936 in Busdongo de Arbas, Spain. At the age of 14, he relocated to A Coruna. He worked for Gala, a local shirtmaker, while he was a teenager.
He started Confecciones Goa in 1972 to offer quilted bathrobes. With his wife Rosala Mera, he launched the first Zara store in 1975. Ortega declared his impending retirement from Inditex, the parent company of the Zara clothing retailer, in 2011. Ortega has a net worth of $60.5 billion making him the world’s 19th wealthiest person.
Rob Walton
Net Worth- $61.1 billion
Industry- Retail
Country- United States
Samuel Robson Walton, the world’s richest man, is the heir to Walmart’s fortune. Rob Walton was born in Tulsa, Oklahoma, on October 28, 1944. Walton studied at The College of Wooster and earned a bachelor’s degree in business administration from the University of Arkansas in 1966. In 1969, he graduated from Columbia Law School with a Juris doctorate.
Walton joined the firm as a member after graduating. He was the senior vice president of Walmart in 1978 and was promoted to vice chairman in 1982. From 1992 through 2015, he was the chairman of Walmart.
Charles Koch
Net Worth- $59.2 billion
Industry- Industrial
Country- United States
Charles de Ganahl Koch, a rich businessman from the United States, inherited from his father. He was born in Wichita, Kansas, on November 1, 1935. He attended a private school and received his education at the Massachusetts Institute of Technology. He earned a bachelor’s degree in general engineering, a master’s degree in nuclear engineering, and a second master’s degree in chemical engineering.
Koch began working at Arthur D. Little, Inc. after graduating from college. Along with his brothers, he inherited his father’s business. He is a co-founder of the Cato Institute in Washington, D.C. On the Bloomberg Billionaires Index, he was listed as the world’s 21st richest person in January 2022, with a net worth of $59.2 billion.
Conclusion
The above-compiled list of billionaires consists of billionaires from different industries who made big in their industry. There are billionaires who gained their billionaire status by starting their own space company and some by diversifying their portfolio and smartly investing in stocks. The industry that produced the most billionaires is technology. So, if you want to know who will be the next new billionaire, keep a close watch on this industry.
FAQ
Who is the No 1 richest person in the world?
As of Feb 2022, Elon Musk is the richest person in the world with a net worth of $224 billion.
Who is the richest person in India?
Mukesh Ambani is the richest person in India with a net worth of Rs 7.18 lakh crore.
Which country has the most billionaires?
The United States has the most number of billionaires with 724 billionaires in the country.
Australia is one of the most popular countries in the world. It is considered the richest nation with a high market-based economy. It is the world’s sixth-largest country in the world with a population of nearly 26 million. It reached rank one for gaining the most significant wealth in 2020.
It is a developed country with a high-income economy and its twelfth largest economy. Its market has a comparatively high GDP, tenth-highest per capita income, and eighth-highest Human Development Index. It ranks 13 in the highest military expedition. It also ranks high in wealth, education, safety and many more.
Given below are the top 10 richest people of Australia. Let’s know more about them.
Here are some of the richest people in Australia. They are among the top Billionaires of Australia.
Gina Rinehart
Executive Chairperson – Hancock Prospecting Net worth – $22.3 B
Gina Rinehart – Richest People in Australia
Gina Rinehart is the richest person in Australia. She built her business through her father, Lang Hancock’s unsuccessful company, i.e. Hancock Prospecting. She started her business as a mining magnate. When she began shipping her products to Asia in 2011 to Roy Hill Mining, her company became the most significant mining house.
She became the executive chairwoman of Hancock Prospecting in 1992. Her net worth was even dropped for a few years due to slow down in the mining sector, but she didn’t lose her hope. Instead, she worked hard. She earned her reputation once again in 2020 due to the increased demand for Iron Ore in Australia.
Mike Cannon Brookes
Co-CEO – Atlassian Net worth- $18.2 B
Mike Cannon Brookes – Richest People in Australia
Mike Cannon Brookes was the son of a global banking executive. Along with Scott Farquhar, he founded Atlassian, which is a software company. He started it after graduation. He started the company with an annual salary of $48,000.He is nicknamed an ‘accidental billionaire’. Not only this, but he is also a professor for higher studies.
He was awarded as the Young Global Leader in 2009 by the World Economic Forum. In 2018, he purchased the most expensive house for $100 million. In 2019, he bought a house for $12 million. In December 2020, he bought a minority stake in NBA team Utah Jazz with Qualtrics Co-founder Ryan Smith.
CEO – Fortescue Metals Group (FMG) Net worth- $18.8 B
Andrew Forrest – Richest People in Australia
John Andre Henry Forrest started his first mining company, Anaconda Nickel, in 1993 by buying a stake in the company, which collapsed in 2001. It was taken over by Glencore and renamed Minara Resources. His nickname is Twiggy.
After nine years, he founded Fortescue Metals Group (FMG), which mines and ships ores to China.
He became the richest person in Australia during the year 2008. In 2013, He and his wife pledged the majority of their wealth to charity. They were the first Australian Billionaires to take this step.
Scott Farquhar
Co-CEO – Atlassian Net worth- $18.8 B
Scott Farquhar – Richest People in Australia
Scott Farquhar is also the founder of Atlassian, along with Mike Cannon Brooks. They founded a company in Sydney. They work in the fields of media, manufacturing and technology. He worked in a way so he might not have to work in another corporation.
He urged companies to donate at least 1% of equity, employees’ time on products to charity. In 2007 he was named on BRW rich 200, a list of Australia’s richest people under 40. In 2017, he purchased his ancestral home, which he rebuilt for $30 million in 2020.
In 2018, he spoke against the Australian Government for their 475 Visas move, which according to him, would damage the country’s reputation for people to come for work.
Harry Triguboff
Founder and Managing Director – Meritan Net worth – $10.1 B
Harry Triguboff – Richest People in Australia
Harry Triguboff was born in China to Russian parents, and he came to Australia as a teenager. He did various odd jobs before coming to this field, from which he didn’t succeed. He started his business by providing higher-density living options in Australia’s largest city.
He was the first developer to make others understand the usefulness of living in apartments where people preferred single-family homes. He is nicknamed ‘ High Rise Harry ‘, and he has put more than 75,000 apartments which drive up his fortune.
Anthony Pratt
Executive Chairman- Visy Industries and Pratt Industries Net worth – $10.1 B
Anthony Pratt – Richest People in Australia
Anthony Joseph Pratt runs two companies: Visy industries, which do packaging and recycling business, and the other one is Pratt Industries, which manufactures corrugated cardboard. He runs the company, first set up by his grandfather in 1948 in Melbourne and was also expanded by his father, Richard.
From 1992, he moved to the US for his business expansion, from which his industries grew 15 – fold earnings and sales. On 17 September 2017, it was declared Pratt Industries Day. In August 2017, he pledged to give away $1B to charity before his death. In 2020, he was named ‘Executive Papermaker of the Year’ for his leadership and vision.
Frank Lowy
Co-founder – Westfield Net worth – $4.9B
Frank Lowy – Richest People in Australia
Sir Frank P Lowy was a former Chairman of Westfield Corporation. It was a global shopping company with the US $29.3B of assets under US, UK and Europe.
In 2007, he commenced a campaign to host the 2022 Fifa World Cup in Australia with $43 million with support from the Australian Government. In 2018, he sold his Westfield Corporation to a Franco-Dutch group in a $ 16B deal.
He is now the founder of Lowy Institute and Chairman of the Institute for National Securities Studies, who studies critical issues relating to Israel’s security and Middle East affairs.
Aaron John Gandel made his fortune in developing real estate and shopping centres. He inherited wealth from his parents, who founded Sussan Women’s Clothing Chain, which his niece now owns. He grew it to a chain of 200 stores.
He now owns Chadstone, the largest shopping mall with over 500 stores. Myer Emporium sold it for $37 million. In 2012, he was the richest person in Melbourne. The key to his success was his ownership of malls which had become a leisure activity.
James Packer
Executive Chairman – Crown Resorts Net worth – $ 3.5 B
James Packer – Richest People in Australia
James Douglas Packer is the major shareholder of Crown Resorts Ltd, the largest Casino group in Australia. Every year, his resort has over 31 million visits. He also took hold of the reigns of his family business, Consolidated Press Holdings Limited.
He was focused on creating an empire of worldwide gambling after his fathers death. He settled with his elder sister in 2015 after agreeing on the division of assets after their father’s death. In March 2018, he stepped out from Crown Resort.
Lindsay Fox
Founder and Chairman – Linfox Net worth – $ 2.2 B
Lindsay Edward Fox – Richest People in Australia
Lindsay Edward Fox founded a logistics company Linfox. He was expelled from school at 16 because he didn’t have academic interests. He started this in 1956 with one truck, and he was the driver, which now has over 5000 trucks in more than ten countries in Asian Pacific.
In 1992, he was named the ‘ Victorian Father of the Year ‘. He also owned an industrial property portfolio, two airports and many more, which are now looked after by his children. He also played football for a team and continued his interest.
Now you all have seen the top 10 wealthiest people in Australia. Most of them have not been successful just when they started their business.
It would help if you understood that there is no guarantee that it will become fruitful in whatever we do. To achieve success, we should imbibe qualities like patience, focus, determination etc. So, it would help if you tried to build these qualities and enjoy success in life.
FAQs
Who is the richest person in Australia?
Gina Rinehart, the Chairperson of Hancock Prospecting is the richest person in Australia.
What age is Gina Rinehart?
Gina Rinehart was born on 9 February 1954. She is 68 years (2022).
