Today's picks

    These are the 10 richest people in the world right now

    There’s rich. And then there’s world’s richest people rich.
    To make it into the latter group, you now need a net worth of at least $19.8 billion.
    Using the calculations from the Bloomberg Billionaires Index, we put together a list of the 50 richest people in the world. Bloomberg updates its data at the close of every trading day in New York, and our list is based on the latest data available for February 15. Since Bloomberg News doesn’t report on Bloomberg LP, we added him using his estimated net worth from Forbes.
    The majority of the billionaires on the list are self-made self-starters who built business empires in tech, finance, fashion, and sports. A few inherited stakes in their family’s companies.
    From tech tycoons to luxury car heiresses, here are the 10 richest people on earth.
    -Sergey Brin co-founded Google with Larry Page back in 1998. He is now the president of Alphabet, which is the company that owns Google.
    -Larry Page co-founded Google with Sergey Brin in 1998. He is now the CEO of Alphabet, which is the company that owns Google.
    -Larry Ellison teamed up with two colleagues from an electronics company in 1977 to start their own programming firm, which then shortly landed a contract to build a relational database-management system for the CIA. The project later grew into what’s known today as Oracle Corp., the second largest software maker behind Microsoft. He stepped down as CEO in 2014.
    -Bernard Arnault is the chair of LVMH Moet Hennessy Louis Vuitton, which houses dozens of luxury brands. Arnault bought Christian Dior when he joined the business, and helped revive the company.
    -Carlos Slim owns a large number of companies in Mexico through his conglomerate, Grupo Carso. He also controls America Movil, the largest operator of mobile phones in Latin America.
    -Amancio Ortego controls fashion giant Inditex, which owns Zara, Massimo Dutti, Oysho, and others. At least part of his success can be attributed to Zara’s fast-fashion business model.
    -Mark Zuckerberg launched TheFacebook.com when he was a sophomore in college before dropping out to work on the site full-time.
    -After getting rejected from Harvard Business School, Warren Buffett went to Columbia instead where he studied under Benjamin Graham, who would become his mentor. He later bought Berkshire Hathaway in 1969 and transformed it into a powerhouse holding company.
    -Bill Gates co-founded Microsoft with his friend Paul Allen, and served as CEO until 2000. He still sits on the company’s board, but is no longer active in the day-to-day dealings.
    -Jeff Bezos founded Amazon.com in the garage of his Seattle home in 1994. The online marketplace went public three years later and has since grown to sell everything from fashion to tech to food and Amazon’s own consumer-electronics products.