﻿Persistence and hard work are crucial ingredients that make an entrepreneur successful. But it takes
a certain degree of charm and instinct to lead the business and team towards success in order
to be a CEO. Get ready to be inspired as we show you some of the richest CEOs of the world!
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down below, "I subbed" and you will be entered in the giveaway! In today's video, we're going
to take a look at the Top 10 Richest CEOs. Let's get right into the video now, shall we?
10. Dieter Schwarz Dieter is the owner and CEO of Lidl, the biggest
food supplier in Europe. He joined his father's company right after high school and opened Lidl's
first store in 1973. Schwartz was one of the first adopters of the discount store model set up by
Aldi, the group's main competitor. Schwartz opened the company's first hypermarket store, Kaufland,
after taking the business reins in 1977, after his father's passing, and started to grow both chains
gradually across Germany and the rest of Europe. They have more than 12,000 stores in Europe and
the US today. Schwartz has stayed active in the community through the Dieter Schwartz Foundation,
which supports educational and research programs, despite being a rather private person who shuns
the public spotlight. 9. Leonid Mikhelson
At the age of 22, Leonid Mikhelson started his career as an engineer, working in Siberia for a
construction and assembly company. He then worked for many companies before finally becoming the
general manager of Novafinivest, a natural gas holding company now known as Novatek. Today,
Mikhelson is the majority owner of a petrochemical company called Novatek and SIBUR. Having spent a
significant amount of his resources in helping contemporary Russian and foreign artists,
the Russian oligarch is also a devoted art patron. He also founded the V-A-C Foundation.
8. François Pinault As the director and CEO of Kering,
over a dozen luxury brands, including Gucci, Yves Saint Laurent, Balenciaga, and Alexander McQueen,
are managed by François Pinault. However, at the very start, the billionaire's career was far from
luxurious. Until founding Kering as a wood and building materials company in 1963, Pinault worked
in his family's timber business. Pinault gradually changed Kering's direction towards retail and
ultimately concentrated solely on luxury retail after buying a majority stake in the Gucci Group
in 1999. The company tycoon is also a patron of the arts and maintains a private collection
of around 5,000 pieces by Picasso, Mondrian, and Koons, among others. By 2020, he also planned to
open an art museum in France, but had his plans go down in drain as the pandemic struck us!
7. Michael Dell At the young age of 19,
Michael Dell started manufacturing and selling IT infrastructure and founded what is now one of
the world's largest IT companies. He will take existing goods and make them 10 times quicker,
more effective, and more user-friendly, making the comfort of his dorm room up to
$80,000 a month. The company went public in 1988 and, by 1992, Dell was founded with a Fortune 500
business as the youngest CEO. By a combination of cutting prices, reducing delivery time,
and offering outstanding customer support, Dell's corporate strategy was to gain PC market share.
He recruited seasoned managers to do so, both to fill the company's positions
and to serve as personal mentors, and he stressed direct sales beyond the normal retail outlets.
In 2016, in what was listed as the 'highest-value tech acquisition in history' at $67 billion,
Dell acquired data storage giant EMC. 6. Michael Bloomberg
Bloomberg, a financial information and media firm, is the co-founder, CEO, and owner of Bloomberg LP.
The media mogul worked for Salomon Brothers, a former New York investment bank,
and finally, after 15 years of service, managed to become a partner before being fired. He co-founded
Revolutionary Business Systems, later called Bloomberg LP, unphased by this career setback.
Bloomberg pursued a political career in 2001 and was elected mayor of New York City, which lasted
for 12 years. Bloomberg is also a significant philanthropist, amid his busy and varied career,
having contributed over $8 billion to numerous causes, including gun control and climate
change recognition. 5. Bernard Arnault
Over 70 luxury labels are overseen by Bernard Arnault, including Louis Vuitton, Sephora,
and Dior. The luxury group is the world's largest producer of luxury goods under his leadership,
posting record revenue and profits in 2018. At the distinguished École Polytechnique,
Arnault studied engineering and worked in his father's building business until becoming CEO
of Financière Agache, a luxury goods holding company. He developed LVMH shortly after. The
business has since purchased various prominent brands and established a separate empire.
Arnault's interest in the arts produced his company in France as a major patron of the arts,
having contributed many grants and funding to support aspiring artists.
4. Mark Zuckerberg Zuckerberg's cult is only rising,
widening Facebook to be more than just a social network. It delves into all kinds of technology
and services, which, until its privacy problems bring down the website, might hold the Facebook
brand around for decades to come. At the age of 19, self-made billionaire Mark Zuckerberg
began his burgeoning career in his dorm room at Harvard University, building what's now known as
Facebook, the largest social media site. Facebook currently has more than 2 billion users and is
evolving exponentially, having a real impact on the planet. He acquired Instagram, which has more
than 1 billion active users, and WhatsApp, which has more than 1.5 billion monthly users.
3. Warren Buffett Warren Buffett is the chairman and CEO of
Berkshire Hathaway, a global conglomerate holding firm. Warren Buffett was once the world's richest
CEO, and in every list of the world's best-paying CEOs, he remains as a powerhouse. Everyone's
favorite billionaire keeps burning oil at midnight. Any day ending with a "y," he considers
it Berkshire Hathaway's next great investment opportunity to park his money in. He has come
across stocks that, including AMD and Kraft Heinz Group, were sublime purchasing opportunities. What
else is Buffett going to invest in? Buffett's business has purchased several
businesses over the years and has large minority interests in industry giants such as Coca-Cola,
American Express, and IBM. The 'Oracle of Omaha' is his notorious nickname, a salute to his
successful career, as he is considered one of the greatest investors of all time. Buffet, however,
is a renowned entrepreneur and a well-known philanthropist and co-founder of Giving Pledge,
a movement that encourages billionaires from around the world to devote much of their money
to philanthropic causes. 2. Jeff Bezos
When Jeff Bezos created Amazon in his garage as a used online bookstore, did he expect it
to become one of the planet's wealthiest and most influential companies? If you bought stock
from the firm when it went public and held onto your shares until the present, nobody could have
envisaged it. Amazon tends to do everything from distribution to cloud computing to motion picture
development, making Bezos the world's richest CEO until… well Musk decided to be serious.
Jeff Bezos, the wealthiest man in history, started his journey by selling books online from his
Seattle garage. He has since gone on to create one of the world's largest online retailers,
Amazon.com. He is also active in several other projects, including his Blue Origin aerospace
business and the Washington Post, which he bought in 2013. Bezos is a major philanthropist,
and he has contributed $2.5 million to defend same-sex marriage in Washington in 2012
to give back to society. 1.Elon Musk
As wealth tops $185B Elon Musk becomes the wealthiest
individual in the world. As his net worth crossed $185B Elon Musk has become the richest person in
the world. After Tesla's share price increased on Thursday, the Tesla and SpaceX entrepreneur
was moved into the top spot. He's the founder and C.E.O of Tesla and SpaceX. A power to be dealt
with is Elon Musk. In his later years, having created his own video game at the age of 12,
he was bound to smash the Internet. He went on to found the business that would later become
known in 1999 as PayPal and then sold it for $180 million to eBay. He founded SpaceX in
2002. A private corporation focused solely on shaking up the space industry. A year later,
he invested in Tesla Motors, a start-up car manufacturer to manufacture all-electric vehicles,
something that mainstream automakers had attempted to do and failed to miserably establish
Tesla as the industry's sole leader. What we should learn from the top runners
in business is that you can follow through if you truly believe in an idea. Oh, who knows?
You may as well continue to become the next Zuckerberg or Bezos or an Elon!
As it is said, with great power comes great responsibility and even greater perks.
And with that, it's time to end the video. Which CEO inspired you the most? Do let us know in
the comments section below. Subscribe for more content, just like this one,
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