See the top 10 rundown of Forbes World Billionaires (Part 1)

December 10, 2018
See Forbes top 10 world billionaires records for 2018 (Part 1). 

Rundown from buttom to the top

#10 Larry Ellison


REAL TIME NET WORTH
$56.4B
as of 12/9/18
2018 BILLIONAIRES NET WORTH
$58.5B
as of 3/6/18

  • Larry Ellison cofounded software firm Oracle in 1977 to tap into the growing need for customer relationship management databases.
  • He gave up the Oracle CEO role in 2014 but still serves as chairman of the board and chief technology officer.
  • As part of Oracle's push into cloud computing, it acquired cloud-software firm Netsuite for $9.3 billion in 2016.
  • In May 2016, Ellison pledged $200 million to the University of Southern California for a cancer treatment center.
  • In March 2018, Ellison launched a wellness startup called Sensei, whose first project is hydroponic farming on the Hawaiian island Lanai.

AGE74
SOURCE OF WEALTHsoftware, Self Made
RESIDENCEWoodside, California
CITIZENSHIPUnited States
MARITAL STATUSDivorced
CHILDREN2
EDUCATIONDrop Out, University of Chicago; Drop Out, University of Illinois, Urbana-Champaign


#8 David Koch


REAL TIME NET WORTH
$48.3B
as of 12/9/18
2018 BILLIONAIRES NET WORTH
$60B
as of 3/6/18

  • David Koch shares majority control of Koch Industries, U.S's second largest private firm, with his brother Charles.
  • Koch stepped down from his role as executive vice president in July 2018, citing health concerns; he was named director emeritus.
  • Koch Industries, which has revenues of $100 billion, operates pipelines, produces fertilizer and makes Dixie cups and Quilted Northern toilet paper.
  • A well-known philanthropist, David is a donor to New York's Lincoln Center and Memorial-Sloan Kettering Cancer Center.
  • David Koch ran as the Libertarian Party's vice presidential candidate in 1980 on a ticket with Ed Clark; they won 1% of the vote.

AGE78
SOURCE OF WEALTHKoch Industries
RESIDENCENew York, New York
CITIZENSHIPUnited States
MARITAL STATUSMarried
CHILDREN3
EDUCATIONBachelor of Arts/Science, Massachusetts Institute of Technology; Master of Science, Massachusetts Institute of Technology


#8 Charles Koch


REAL TIME NET WORTH
$48.3B
as of 12/9/18
2018 BILLIONAIRES NET WORTH
$60B
as of 3/6/18

  • Charles Koch has been chairman and CEO of Koch Industries, America's second largest private company, since 1967.
  • The conglomerate has some $100 billion in revenues from businesses including pipelines, chemicals, Dixie cups, and Stainmaster carpets.
  • His father, Fred Koch, started the business in 1940 and improved a method of refining heavy oil into gasoline.
  • The Kansas native owns a 42% stake in the firm, as does his brother, David; they bought their two other brothers' shares in 1983.
  • Koch has funded a number of think tanks, including the libertarian Cato Institute, the Heritage Foundation and the American Enterprise Institute.
AGE83
SOURCE OF WEALTHKoch Industries
RESIDENCEWichita, Kansas
CITIZENSHIPUnited States
MARITAL STATUSMarried
CHILDREN2
EDUCATIONBachelor of Arts/Science, Massachusetts Institute of Technology; Master of Science, Massachusetts Institute of Technology

#7 Carlos Slim Helu & family


REAL TIME NET WORTH
$56.5B
as of 12/9/18
2018 BILLIONAIRES NET WORTH
$67.1B
as of 3/6/18

  • Mexico's richest man, Carlos Slim Helu and his family control America Movil, Latin America's biggest mobile telecom firm.
  • With foreign telecom partners, Slim bought a stake in Telmex, Mexico's only phone company, in 1990. Telmex is now part of America Movil.
  • He also owns stakes in Mexican construction, consumer goods, mining and real estate companies and 17% of The New York Times.
  • His son-in-law Fernando Romero designed the Soumaya Museum in Mexico City, home to Slim's extensive, eclectic art collection.
AGE78
SOURCE OF WEALTHtelecom, Self Made
RESIDENCEMexico City, Mexico
CITIZENSHIPMexico
MARITAL STATUSWidowed
CHILDREN6
EDUCATIONBachelor of Arts/Science, Universidad Nacional Autonoma de Mexico

#6 Amancio Ortega


REAL TIME NET WORTH
$66.6B
as of 12/9/18
2018 BILLIONAIRES NET WORTH
$70B
as of 3/6/18

  • Amancio Ortega is one of the richest men in Europe and the wealthiest retailer in the world.
  • A pioneer in fast fashion, he cofounded Inditex, known for its Zara fashion chain, with his ex-wife Rosalia Mera (d. 2013) in 1975.
  • He owns about 60% of Madrid-listed Inditex, which has 8 brands, including Massimo Dutti and Pull & Bear, and 7,500 stores around the world.
  • Ortega typically earns more than $400 million in dividends a year.
  • He has invested his dividends primarily into real estate in Madrid, Barcelona, London, Chicago, Miami and New York.
AGE82
SOURCE OF WEALTHZara, Self Made
RESIDENCELa Coruna, Spain
CITIZENSHIPSpain
MARITAL STATUSMarried
CHILDREN3

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