The Richest Retirees In The World: Top 10

2024 Author: Bailey Albertson | [email protected]. Last modified: 2023-12-17 12:53

My dear old people: the 10 richest retirees in the world

According to Forbes, the top 20 richest people in the world in 2019 include 12 billionaires over 65. For them, age is not only a huge life experience, but also power and wealth. We decided to learn more about the ten richest retirees in the world who have achieved success by hard work and are today considered one of the wealthiest and most powerful people in the world.

Warren Buffett (88) - $ 82.5 billion

The businessman first tried himself on the stock exchange at the age of 11, and two years later he filed his first income tax return. Today, the entrepreneur is chairman of the board of directors of Berkshire Hathaway, which manages over 60 companies. Together with Bill Gates, Buffett launched Oath of Giving. Entrepreneurs who join this company are committed to donating 50% of their fortune to charity. Buffett plans to give over 99%.

Warren Buffett's fortune is estimated at $ 82.5 billion, making him the third richest person in the world.

Bernard Arnault (70) - $ 76 billion

Bernard Arnault is a French businessman who oversees a luxury goods empire of 70 brands, including Louis Vuitton and Sephora. Bernard Arnault has pledged over $ 220 million to renovate Notre Dame Cathedral in Paris following a devastating fire in mid-April 2019.

Bernard Arnault's fortune is estimated at $ 76 billion, making him the fourth richest person in the world.

Carlos Slim Elu (79) - $ 64 billion

The richest man in Mexico runs the largest telecommunications company in Latin America. The businessman also has shares in the New York Times and shares in large Mexican companies. Carlos Slim owns a rich collection of eclectic art, which is displayed in the Zumaia Museum.

Carlos Slim Elu's fortune is estimated at $ 64 billion, making him the fifth richest person in the world.

Amancio Ortega (83) - $ 62.7 billion

Amancio Ortega is known primarily as the owner of the Zara fashion chain. He owns about 60% of the shares of Inditex, which unites 8 brands, including Massimo Dutti and Pull & Bear. The entrepreneur's annual income is over $ 400 million. Amancio Ortega invests his dividends in real estate.

Amancio Ortega's fortune is estimated at $ 62.7 billion, making him the sixth richest person in the world.

Larry Ellison (74) - $ 62.5 billion

The businessman founded Oracle, a software development company. Larry Ellison is a generous philanthropist. He allocated $ 200 million for cancer research and invested in hydroponics on Lanai Island. The entrepreneur has recently been a member of Tesla's board of directors.

Larry Ellison's fortune is estimated at $ 62.5 billion, making him the seventh richest person in the world.

Michael Bloomberg (77) - $ 55.5 billion

Bloomberg started on Wall Street and 15 years later founded the financial company Bloomberg LP. The entrepreneur owns 88% of the business with revenues of more than $ 9 billion. As a generous philanthropist, Bloomberg has given more than $ 5 billion to the fight against weapons and climate change. The entrepreneur is ready to allocate over $ 500 million for the sake of winning the US presidential elections in 2020.

Michael Bloomberg's fortune is estimated at $ 55.5 billion, making him the ninth richest person in the world.

Charles Koch (83) - $ 50.5 billion

Charles Koch has been the chairman of Koch Industries, the second largest privately owned American company since 1967. The diversified company generates about $ 110 billion in revenue. His father, Fred Koch, perfected the method of converting heavy oil into gasoline in 1927 and started the family business in 1940. Charles Koch owns 42% of the firm.

Charles Koch's fortune is estimated at $ 50.5 billion, making him the eleventh richest person in the world.

David Koch (79) - $ 50.5 billion

David Koch shares a majority stake in Koch Industries with his brother Charles. Koch stepped down as executive vice president in July 2018, citing health concerns. Koch Industries, with $ 110 billion in revenues, refines crude oil, makes fertilizers, Dixie cups and Quilted Northern toilet paper. David Koch is a renowned philanthropist. He donates to the Lincoln Center in New York and the Sloan-Kettering Memorial Cancer Center.

David Koch's fortune is estimated at $ 50.5 billion, making him the twelfth richest person in the world.

Françoise Bettencourt-Myers (66) - $ 49.3 billion

The richest woman is the granddaughter of the founder of L'Oreal. An entrepreneur with her family owns 33% of this company. Bettencourt Meyers is the chairman of the family holding. She has 22 years of experience at L'Oreal. Together with the L'Oreal family foundation, Françoise donated $ 226 million to renovate Notre Dame de Paris. The Bettencourt Meyers family has a charitable foundation, whose activities are aimed at the development of science and art in France.

Françoise Bettencourt Meyers' fortune is estimated at $ 49.3 billion, making her the fifteenth richest person in the world.

Jim Walton (71) - $ 44.6 billion

The son of Sam Walton, founder of the Walmart chain of stores, together with other heirs, own 50% of the shares of this company. The entrepreneur also runs the family bank Arvest Bank, which has over $ 19 billion in assets.

Jim Walton's fortune is estimated at $ 44.6 billion, making him the 16th richest person in the world.

Forbes magazine ranks the richest people in the world every year. In 2019, 12 entrepreneurs over 65 were in the top twenty at once. These are not only the richest people on the planet, who have created their empires and multiplied billions of dollars in capital, but also generous patrons of the arts who donate millions and billions of dollars to charity.