Who is the richest person in the world at present? - Letsdiskuss
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Ramesh Kumar

Marketing Manager | Posted 01 May, 2019 |

Who is the richest person in the world at present?

Vasanthi Gopalan

Educator/ Work from home Search Engine Evaluator. | Posted 01 May, 2019

Money is everything in this material world.


(Wealthy Gorilla)


Half of the world's wealth is owned by 1% of the rich people. This wealth totals almost 110 trillion US $. 70% of the world's population live in countries where economic inequality is increased 30 times in recent times. Developing countries are struggling to fill the this gap between rich and poor.


Some economic inequality is unavoidable but extreme level of assets concentration is threatening for those talented people, who are left behind because of their poverty.


Concentrated wealth in one place may be a danger to democracy. Those rich people will try to influence the government policies and again the influential people will be the beneficiaries of the policies not the needed one.


But money can be minted by anyone who is smart enough to take risks. Business is all about taking risks and pull off fortunes. Money can earned from scratch to crypto currencies.


Forbes Magazine publishes the list of top 20, 50, 100, 500 richest persons every year. The richest person on earth according to Ford is 54 years old CEO & owner of the Amazon Inc. Mr. Jeff Bozos. His net worth is $ 112 billion. He is the first person to top with $100 billion. Last year it was Microsoft's Bill Gates.


Best thing is that these billionaires are caring about society and giving back some of their wealth to society through donations, in order to bridge the gap between the poor and rich.