10 Entrepreneurs of the 21st Century

Today we look at the list of Top 10 Entrepreneurs of the 21st century; they diversify in various businesses interwoven in different industries.  In modern business World these people have influenced the World with their level of creativity, skills in business and enormous investing skills.

 

 

 

 

  1. Michael Bloomberg, Net Worth – $41.7 Billion.entrprenuership

In the past year, Bloomberg has been trying to revitalize the financial data and media company of his empire.

Besides that, he is being active on the political scene and it is still debated if he is about to enter the election as an independent candidate.

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. He began his career at the securities brokerage Salomon Brothers, before forming his own company in 1981 and spending the next twenty years as its chairman and CEO. Bloomberg also served as chairman of the board of trustees at his alma mater, Johns Hopkins University, from 1996 to 2002.

  1. David Koch, Net Worth – $42.4 Billion.   

David and his older brother Charles are in charge of Koch Industries that counts over $115 billion in sales. David Hamilton Koch (/ˈkoʊk/; born May 3, 1940) is an American businessman, philanthropist, political activist, and chemical engineer. He joined the family business Koch Industries, a conglomerate that is the second-largest privately held company in the United States, in 1970. He became president of the subsidiary Koch Engineering in 1979, and became a co-owner of Koch Industries, with older brother Charles, in 1983.

He is now an executive vice president. Koch is an influential libertarian. He was the 1980 candidate for Vice President of the United States from the United States Libertarian Party and helped finance the campaign. He founded Citizens for a Sound Economy. He and his brother Charles have donated to political advocacy groups and to political campaigns, almost entirely Republican

Koch Industries operate with refineries, oil pipelines, paper towels, building materials etc. Beside entrepreneur, he’s involved in politics, together with his brother (they raised almost $900 million for certain social issues.

They are also active philanthropists. The Metropolitan Museum of Art in New York has the David H. Koch Plaza, part of a $65 million renovation he funded, and the David Koch Charitable Foundation has made more than $1.2 billion in contributions over his lifetime.

  1. Charles Koch, Net Worth – $42.4 Billion.adoseries.com

Charles has been chairman of the Koch Industries since 1967. The company started off with the worth of $50 million, and today, it is the second most powerful private firm in the U.S (value over $100 billion). He is co-owner, chairman of the board, and chief executive officer of Koch Industries since 1967, while his brother David Koch serves as Executive Vice President. Charles and David each own 42% of the conglomerate.

The brothers inherited the business from their father, Fred C. Koch, then expanded the business. Originally involved exclusively in oil refining and chemicals, Koch Industries now includes process and pollution control equipment and technologies; polymers and fibers; minerals; fertilizers; commodity trading and services; forest and consumer products; and ranching.

The businesses produce a wide variety of well-known brands, such as Stainmaster carpet, the Lycra brand of spandex fiber, Quilted Northern tissue and Dixie Cup.

Charles and David are likewise active philanthropists – over their lifetime, they donated more than $1.2 billion.

  1. Mark Zuckerberg, Net Worth – $45.9 Billion.zukerberg

The Co-founder and CEO of  Facebook . With only 19 years of age, he dropped out of Harvard and founded the social network, which brought him billions of dollars, and the stock value is still on the rise (he gained $11.2 billion in only 12 months!).

Zuckerberg launched Facebook from his Harvard University dormitory room on February 4, 2004. He was assisted by his college roommates and fellow Harvard students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes.

The group then introduced Facebook to other college campuses. Facebook expanded rapidly, reaching one billion users by 2012. Meanwhile, Zuckerberg was involved in various legal disputes brought by others in the group, who claimed a share of the company based upon their involvement during the development phase of Facebook.

Together with his wife, they declared that they would donate 99% of their stock at the Facebook company.

  1. Larry Ellison, Net Worth – $47 Billion.

Ellison stepped down as the CEO of Oracle in 2014, but as chairman, he still partakes in decision-making. The official website of the Oracle company is here. Ellison was born in New York City and grew up in Chicago.

He studied at the University of Illinois at Urbana–Champaign and the University of Chicago without graduating before moving to California in 1966. While working at Ampex in the early 1970s, he became influenced by Edgar F. Codd’s research on relational database design, which led in 1977 to the formation of what became Oracle. Oracle became a successful database vendor to mid- and low-range systems, competing with Sybase and Microsoft SQL Server, which led to Ellison being listed by Forbes as one of the richest men in the world.

The company was founded in 1977 and the main aim of the firm was and still is, customer relationship management databases.

  1. Jeff Bezos, Net Worth – $49.4 Billion.

CEO and founder of Amazon. The company brought him over $100 billion in revenue, in 2015.

Along Amazon, he is also the CEO of Blue Origin which is an aerospace company. 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 which started 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.

When the financial markets opened on July 27, 2017, Bezos briefly surpassed Bill Gates to become the world’s richest person, with an estimated net worth of just over $90 billion.

He lost the title later in the day when Amazon’s stock dropped, returning him to second place with a net worth just below $90 billion.

 

  1. Carlos Slim Helu, Net Worth – $57.9 Billion.

Carlos was announced as the richest man in 2015 thanks to the mobile phone operator – America Movil. Although he suffered a $27.1 billion drop in 2016, he is still among the wealthiest. His conglomerate includes education, health care, industrial manufacturing, transportation, real estate, media, energy, hospitality, entertainment, high-technology, retail, sports, and financial services.

He accounts for 40% of the listings on the Mexican Stock Exchange, while his net worth is equivalent to about 6 percent of Mexico’s gross domestic product

Carlos owns approximately 17% of the shares, which makes him the largest shareholder of that company.

  1. Warren Buffett, Net Worth – $65.2 Billion.

CEO of Berkshire Hathaway. In 2015, his company concurred in giving $37 billion to Precision Castparts for aerospace and industrial parts maker. Warren is one of Hillary Clinton’s main advocates.

Born in Omaha, Buffett developed an interest in business and investing in his youth, eventually entering the Wharton School of the University of Pennsylvania in 1947 before transferring and graduating from University of Nebraska–Lincoln at the age of 19. Buffett went on to enroll and graduate from Columbia University where he learned and eventually molded his investment philosophy around a concept pioneered by Benjamin Graham–value investing. He attended New York Institute of Finance to specialize his economics background and soon after began various business partnerships, including one with Graham. After meeting Charlie Munger, Buffett created the Buffett Partnership. His firm would eventually acquire a textile manufacturing firm called Berkshire Hathaway and assume its name to create a diversified holding company.

Buffett has been the chairman and largest shareholder of Berkshire Hathaway since 1970,[6] and his business exploits have had him referred to as the “Wizard”, “Oracle” or “Sage” of Omaha by global media outlets.[7][8] He is noted for his adherence to value investing and for his personal frugality despite his immense wealth

 

 

  1. Amancio Ortega, Net Worth – $70.9 Billion.

The youngest of four children, Ortega was born in Busdongo de Arbás, León, Spain, to Antonio Ortega Rodríguez and Josefa Gaona Hernández from the province of Valladolid, and spent his childhood in León.[3]

He left school and moved to A Coruña at the age of 14, due to the job of his father, a railway worker. Shortly after, he found a job as a shop hand for a local shirtmaker called Gala, which still sits on the same corner in downtown A Coruña, and learned to make clothes by hand.[4] In 1972, he founded Confecciones Goa (his initials in reverse), selling quilted bathrobes which Ortega produced using thousands of local women organised into sewing cooperatives.[5]

In 1975, he opened his first Zara store with his wife Rosalía Mera,[6] so called because his preferred name Zorba was already taken

Crowned as the wealthiest retailer worldwide and the richest entrepreneur in Europe.

The Zara founder started off in a company that operated in the textile industry, back in 1963, after which he cofounded Zara with Rosalia Mera (his ex-wife) in 1975.

  1. Bill Gates, Net Worth – $76.7 Billion.

With tiny oscillations, he has been at the top for a long time. Once CEO of Microsoft, today the main orchestrator (together with his wife, Melinda) of the Bill & Melinda Gates Foundation.

He tackles many problems that are on a global level by leaning on latest innovations and clean energy. Bill is a genuine modern-day superhero. In 1975, Gates and Paul Allen launched Microsoft, which became the world’s largest PC software company.

During his career at Microsoft, Gates held the positions of chairman, CEO and chief software architect, while also being the largest individual shareholder until May 2014.[4][a] Gates stepped down as chief executive officer of Microsoft in January 2000, but he remained as chairman and created the position of chief software architect for himself.

In June 2006, Gates announced that he would be transitioning from full-time work at Microsoft to part-time work and full-time work at the Bill & Melinda Gates Foundation. He gradually transferred his duties to Ray Ozzie and Craig Mundie. He stepped down as chairman of Microsoft in February 2014 and assumed a new post as technology adviser to support the newly appointed CEO Satya Nadella.

Read power of creativity .

 

 

SOURCES: * WIKIPEDIA

*FORBES

 

About Andrew David 11 Articles
An undergraduate currently studying Accounting at Mountain Top University.

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