25 Mar / 2020

The 5 Richest People in the World By Jamie – 6th Form

Hi, my name is Jamie and I will be talking about the five richest people on the planet. 

5. Mark Zuckerberg 

Mark Zuckerberg is an American internet entrepreneur and philanthropist. He co-founded Facebook and serves as its chairman, chief executive officer, and controlling shareholder. He also co-founded the solar sail spacecraft development project Breakthrough Starshot. Mark Zuckerberg has a net worth of $55.7 billion, 2020. 

4. Warren Buffett 

Warren Buffett is an American business magnate, investor, and philanthropist, who is the chairman and CEO of Berkshire Hathaway. In my opinion he is the most successful investor in the world because. He is great friends with Bill Gates. He now goes to schools giving speeches and inspiring young people. He has a net worth of $67.7 billion, 2020. 

3. Bernard Arnault 

Bernard Arnault is a French billionaire business magnate, and art collector. Arnault is the chairman and chief executive of LVMH Moët Hennessy, Louis Vuitton SE, LVMH, the world’s largest luxury-goods company. In April 2018, he became the richest person in fashion, topping Zara’s Amancio Ortega. His fashion businesses are not making as much money as they did because of COVID 19. His net worth is $80.7 billion, 2020. 

2.Bill Gates 

Bill Gates is an American business magnate, software developer, investor, and philanthropist. He is best known as the co-founder of Microsoft Corporation. He was once the richest man in the world. He now works in the Bill & Melinda Foundation. He is now working with Elon Musk and Jeff Bezos to fight COVID 19. His Net Worth is $96.3 billion, 2020. 

 1.Jeff Bezos 

Jeff Bezos is an American internet and aerospace entrepreneur, media proprietor, and investor. He is best known as the founder, chief executive officer, and president of Amazon. He is $16 billion richer than the world’s next-richest person, Bill Gates. He is the richest man in the world with a net worth of $114 billion, 2020.

But what are the richest people on the planet doing to tackle the coronavirus pandemic?

Jeff Bezos and Amazon have invested $20 million in the AWS Diagnostic Development Initiative to bring COVID 19 tests to the market faster. Amazon has also donated $1 million to emergency COVID 19 funds in Washington D.C.

Bernard Arnault and his luxury goods corporation (LVMH) are converting three of LVMH’s perfume factories to manufacture hand sanitizer instead. It will be distributed for free to French authorities and Europe’s largest hospital system. LVMH has committed to supplying at least 40 million masks to France.

Bill Gates announced on 5 February 2020 that the Bill and Melinda Gates Foundation would commit $100 million to aid global detection, isolation and treatment of COVID 19. More than half of it will go towards developing vaccines, treatment and diagnostics.

Mark Zuckerberg is working with UC San Francisco and Stanford University to quadruple the Bay Area’s testing and diagnostics capacity, including purchasing two FDA-approved diagnostic machines. On 17 March 2020, Facebook announced a $100 million grant to aid small businesses impacted by COVID 19.

I hope you enjoyed my blog and thank you.

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