Bill Gates tops the list
Yet again, Microsoft founder Bill Gates is the richest person in the world with a fortune of $79.2bn – a $3.2bn increase on 2014, marking his 16th time with the title.The entrepreneur and philanthropist’s most recent push to support the world’s economy and environment came as he praised the power of poo in January.
Gates was championing a new filtering process that can “start profitable waste treatment businesses” and his drinking water had been recycled from faeces, demonstrating how countries with poor sanitation problems can be supported.
Read more on surreal business:
- The 5 most successful British business brothers
- Wonder Woman inspires sisters who quit law to open female-friendly West End e-cigarette bar
- The Only Way Is Essex: A startup hub for young entrepreneurs
Mark Zuckerberg reaches the top 20
Facebook founder Mark Zuckerberg hasn’t done bad, considering his social network started from a booze-fuelled rage while he was at university. The CEO has climbed up five place to reach number 16 in the overall rank, amassing a fortune of $33.4bn to place him one spot behind Amazon boss Jeff Bezos and his wealth of $34.8bn.
30-year-old Zuckerberg is also the richest of the 46 young billionaires on the list under the age of 40. In February, we interviewed Facebook’s SMB director who told us that small businesses would be a big focus for the company in the future, revealing insight into its endeavours to make that a reality.
Read more on Facebook:
- Winners of Worth Capital’s £350,000 Big App Fund with Facebook revealed
- “Facebook at Work” service expected to support businesses and employees
- 4 businesses that use Facebook to drive sales provide their top tips
Evan Spiegel becomes the youngest billionaire in the world
Snapchat is the app that lets users send photos and videos to each other for a number of seconds before the content disappears, unable to be seen again. Although some businesses have claimed the content is retrievable, it hasn’t stopped the widespread – sometimes risqué – usage, enabling 24-year-old Evan Spiegel has been able to secure a $1.5bn fortune.
Facebook recognised the company’s potential in 2013 and offered a $3bn buyout deal, which was rejected. Snapchat is now generating revenue by teaming with brand partners like MTV and delivering their timed content directly to its reported 100m users, who can also send cash to each other through the app, taking the company’s value to around $20bn.
Read on to find out about the latest high-flying female technology founder.
Read more on millennials:
- Lack of careers advice impacting youth employment prospects, says BCC survey
- What British millennials actually want from businesses and what employers think they want
- Here’s what Europe’s youth really thinks about digital and entrepreneurship
Share this story