Thoughts on life and money

Forbes Ranks The World’s Billionaires

Forbes Magazine revealed its annual list of the world’s billionaires of 2018. While the official rankings came as little surprise, there was a new number one and a few considerable jumps in annual profits. French investor Bernard Arnault and Facebook creator Mark Zuckerberg round out the top five, with personal fortunes hovering around $70 billion.

Jeff Bezos ($112 Billion)

2017 was a whirlwind year for Jeff Bezos and his incredible staff at Amazon. The ecommerce giant recently became more valuable than Microsoft, simply adding a cherry on top of the company’s cake. Bezos overtook Gates at the top of the world’s richest list several months ago and hasn’t looked back since. But at least Bezos is giving back, as he announced last month that he’s donating more than $30 million to a youth scholarship fund. The only question is how long can Bezos stay in the number one spot?

Bill Gates ($90 Billion)

Gates’ net worth has plummeted in recent years (don’t worry though, we think he’ll survive). That is simply due to his charitable efforts. Nowadays, the 62-year-old focuses most of his time on the Bill and Melinda Gates Foundation. Together, the married couple continues to make a difference in the world that goes far beyond technology. Gates has given an estimated $35 billion to charity during his illustrious career with Microsoft.

Warren Buffett ($84 Billion)

Warren Buffett comes in at number three on this list for the second year in a row. The Chairman and CEO of Berkshire Hathaway has showed no signs of slowing down in recent years, even at the tender age of 87. The Omaha, Nebraska native has been very publicly opposed to many policies imposed by his fellow billionaire, President Donald Trump. But when he’s not worrying about politics, Buffett is showcasing his charitable side, much like Gates. He has pledged to give 99 percent of his earnings to philanthropic causes.

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