Top 10 Billionaires 2020



1. Jeff Bezos – $125.7B

Jeff Bezos

Jeff Bezos founded e-commerce colossus Amazon in 1994 out of his garage in Seattle. He remains CEO and owns a nearly 12% stake.

He divorced his wife MacKenzie in July 2019 after 25 years of marriage and transferred one quarter of his Amazon stake to her.

MacKenzie Bezos’s 4% slice of Amazon makes her one of the world’s richest women.

In 2018, Amazon had $230 billion in revenues and a record $10 billion in net profit, up from $3 billion the prior year.

In February, Amazon announced it was canceling plans for a second headquarters in Long Island City, New York after local lawmakers opposed the plan.

Bezos owns The Washington Post and Blue Origin, an aerospace company that is developing a rocket for commercial use.

2. Bill Gates – $112.6B

Bill Gates

With his wife Melinda, Bill Gates chairs the Bill & Melinda Gates Foundation, the world’s largest private charitable foundation.

The foundation works to improve global health and to create equal opportunity for people around the globe.

Gates has sold or given away much of his stake in Microsoft — he owns just over 1% of shares — and invested in a mix of stocks and other assets.

He remains a board member of Microsoft, the software firm he founded with Paul Allen (d. 2018) in 1975.

In early 2019, Gates responded to the public backlash against billionaires by reiterating his support for a higher estate tax.

To date, Gates has donated $35.8 billion worth of Microsoft stock to the Gates Foundation.

3. Warren Buffett – $90.4B

Warren Buffett

Known as the “Oracle of Omaha,” Warren Buffett is one of the most successful investors of all time.

Buffett runs Berkshire Hathaway, which owns more than 60 companies, including insurer Geico, battery maker Duracell and restaurant chain Dairy Queen.

The son of a U.S. congressman, he first bought stock at age 11 and first filed taxes at age 13.

He’s promised to give away over 99% of his fortune. In 2019 he donated $3.6 billion, much of it to the foundation of friends Bill and Melinda Gates.

In 2010, he and Gates launched the Giving Pledge, asking billionaires to commit to donating half their wealth to charitable causes.