Below is a list of the Top 10 Richest Billionaires in 2020 and How They Acquired Their Billions.

Top No. 1Jeff Bezos – Amazon Founder -Net Worth 2020 $113 Billion

Jeff Bezos - Amazon Founder

Jeff Bezos, is the number 1 richest man in the world from 2018 to 2020 surpassing Bill Gates. His net worth in 2019 is $115 Billion down to $113 Billion in 2020. The second richest in 2020 is Bill Gates with a net worth of $98 Billion with a difference of $15 Billion.

Jeff Bezos is the founder and owner of Amazon, a multi-billion  e-commerce, cloud computing, digital streaming, and artificial intelligence (simulation of human intelligence processes by machines, especially computer systems. ) company founded on July 5, 1994 by Jeff Bezos himself in Bellevue, Washington, USA. The company has 840,400 employees in 2020.

What time does Jeff Bezoz sleeps and wake up?

Jeff Bezos is a believer of a good night sleep. He sleeps early and wakes up naturally without being waken-up by an alarm clock. He makes it a priority above all. He makes sure he sleeps at least 8 hours a day unlike other businessmen who sleeps late and wakes up early with only a few hours of sleep everyday. Doing so makes him feel good at work and at home. He can think better, have more energy to get business done correctly and enthusiastically. He makes sure he is in his best mood when he starts his busy day. He wakes up a natural guy who reads his paper and eat breakfast with his wife and kids, spending quality time with his family before kids go to school. He never schedules early morning meetings because his early mornings are spent with his family. Meetings are set before noon after family matters are set and done. Bezos is not a big fan of meetings in the first place.

Top No. 2 – Bill Gates – Microsoft Co-Founder – Net Worth 2020 $105.6 Billion

As of 2020, Bill Gates is the second richest billionaire in the world according to Forbes magazine. His number 1 seat for many years was taken over by Jeff Bezos, the founder of Amazon since 2018. Gates’ last reign on the top #1 position was in 2017 with net worth of $86 Billion then followed by Warren Buffet, an  investor, business tycoon, philanthropist, and the chairman and CEO of Berkshire Hathaway. 

Bill Gates is best known for co-founding Microsoft Corporation with Paul Allen in 1975 in Albuquerque, New Mexico. Gates was born and raised in Seattle, Washington, USA. He was the very first person who became a billionaire at the very young age of 21. Bill Gates was a college drop-out.

Microsoft Corporation grew into a multinational technology corporation which develops, manufactures, licenses and sells Microsoft computer software, desktop and laptop computers for personal computers and custom computers built for businesses, computers for students, computers for graphic designers with advanced graphic capabilities and storage. Others products produced and sold by Microsoft corporation are consumer electronics, home electronic equipment and devices for daily usage such as the new generation flat screen or flat panel tvs, DVD players, video games, remote control cars to name a few. Other products sold by Microsoft are telephones and cellphones or mobile phones, printers, paper shredders

Microsoft Corporation is widely known for their Microsoft Windows operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers.

What time does Bill Gates sleeps and wake up?

Bill Gates is a late sleeper. He sleeps at around 12:00 midnight and wakes up at 7:00 am, a total of 7 hours sleep a day. Bill Gates drives his kids to school and wash the dishes every night. He enjoys washing the dishes though. I’m wondering who else in this list of Billionaires that wash the dishes.

Top No. 3 – Bernard Arnault – Chairman and CEO of LVMH – Net Worth 2020 $76 Billion

Bernard Arnault – chairman and chief executive of LVMH.

Most of the people around the world never heard the name Bernard Arnault. But when we say Louis Vuitton, then almost everybody knows.

Bernard Jean Étienne Arnault is a French billionaire who is the chairman and chief executive of LVMH. LVHM is a merger of two giant luxury brands, the fashion brand Louis Vuitton SE and Moet Hennessy wine and spirits company. Moet Hennessy is also a merger of Champagne producer Moet & Chandon and cognac producer Hennessy.

Bernard Arnault aquired the majority shares of LVMH in 1989 and became the chairman and Ceo since then. His LVHM company is a French multinational corporation and holding company who owns shares and managed multiple prestigious brands. These company of brands under the umbrella of LVHM are grouped into 6 different categories.

  • Fashion Group – such as Celine, Christian Dior, Fendi, Givenchy, Louie Vuitton, Marc Jacobs and more.
  • Wines and Spirits – such as Hennessy, Dom Pérignon, Château Cheval, Belvedere, Bodega Numanthia and more.
  • Perfumes and Cosmetics – such as Givenchy Parfums, Marc Jacobs Beauty, Kenzo Parfums, Fenty Beauty by Rihanna and more.
  • Watches and Jewelry – such as Bulgari, Tiffany & Co. Tag Heuer, Hublot, Chaumet and more.
  • Selective Distribution – such as Sephora, DFS, La Grande Epicerie, Starboard Cruise and more.
  • Other Activities – Belmond Hotels, Royal Van Lent Shipyard luxury yachts and more.

What time does Bernard Arnault sleeps and wake up?

Arnault is a believe of a sound sleep and sets his body clock for 7 hours. He believes sleeping at least 7 hours every night helps maintain productivity level during business hours.

Top No. 4 – Warren Buffet – Investor and Business TycoonNet Worth 2020 $110.9 Billion

Warren Buffet, is an  investor, business tycoon, and a philanthropist, and the chairman and CEO of Berkshire Hathaway since the 1970s.

Berkshire Hathaway, is a  

  • multinational corporation – conducting business in countries other than the United States.
  • conglomerate (conglomerate – a large, multi-company business which is a combination of different business names and entities with different business natures but under one mother company).
  • holding company – own and controls shares of other companies.

 Berkshire Hathaway is a multi-company that owns more than 60 companies under it’s umbrella. Some of those companies are:

  • GEICO Insurance – What does GEICO stands for? GEICO means Government Employees Insurance Company. GEICO was founded by Leo Goodwin Sr. in 1936 with his wife Lillian Goodwin. GEICO is an Auto Insurance catered to Government Employees and Military Personnel. It insures cars, trucks, motorcycles and any other vehicles. It covers physical damage or bodily injury as a result of collisions. GEICO serves more than 17 million auto policies and insures more than 28 million vehicles across the United States.
  • Duracell, Inc. – is an american dry cell battery manufacturing company which originated from the partnership in the early 1920s of a Jewish scientist inventor named Samuel Ruben who owned Ruben Laboratories and a businessman Philip Rogers Mallory who owned a tungsten wire manufacturing company for lamp filaments. The partnership created the Mallory Battery Company, an electronic manufacturing company producing dry cell batteries. In 1942, the company produced the very first dry cell battery, Mercury batteries for military equipment described as the more compact, longer lasting battery in the market at that time. In the 1950s, Kodak introduced cameras with a built-in flash in the market. The Mallory Battery Company immediately devised and manufactured the first Triple A (AAA) size Alkaline Manganese Cell Battery to fit the Kodak Camera. In 1964, Mallory Battery Company created and introduced “Duracell” brand to the public, a combination of the words “Durable” and “Cell”. Duracell powered the the seven emergency flashlights used aboard Apollo 11 on its first lunar landing in 1969. In 1980, the company name was changed to Duracell International. In 1970, the new copper-top design with Mallory and Duracell written on the battery was introduced. It was heavily advertised on television, powering drummer bunny toys, puppy toys, transistor radios and all other electronic toys and equipment throughout the 1970s, 80s and onwards. In 1978, P.R.Mallory and Company, who owned the brand Duracell was sold to Dart Industries for a whooping $223 million in cash. The acquisition underwent into a legal battle between the two parties due to Mallory’s opposition on the purchase. Morgan Stanley & Company was the financial adviser to Dart while the First Boston Corporation was the financial adviser to Mallory. Dart Industries, Inc. is a Plastic & Rubber Product Manufacturing Industry (Maker of Tupperware) based in Orlando, Florida, manufacturing plastic bags and bottles, plastic film and sheets, plastic pipe and foams, rubber hoses, and tires. Dart Industries merged with Kraft Foods in 1980. In 1988, Kohlberg Kravis Roberts (KKR &Co. Inc.) a global investment, real estate, energy, infrastructure and credit company bought Duracell. In 1990, the consumers have seen the Duracell batteries with battery check testers on the side where you can monitor the life of the battery. Duracell never stopped to innovate and later, rechargeable double A (AA) and triple A (AAA) batteries were introduced boasting a long-lasting charge that requires fewer recharges, that really do set themselves apart from the rest. Duracell Rechargeable Pre-Charged NiMH batteries let you charge hundreds of times, helping you save money, plus, they come pre-charged and ready to use. Guaranteed to last for 10 years* and they will hold a charge for up to 1 year when not in use. Works in any NiMH charger and you can recharge them up to 400 times. These Duracell Rechargeable batteries are ideal for Video Game Controllers, Wireless electronics, Baby monitors and more. In 1996, Gillette acquired Duracell for $7 Billion and in 2005, Gillette, a giant global manufacturing company for personal care products such as disposable, double-blade razor for men and women was acquired by Procter & Gamble, .Duracell adapted PowerMat wireless by partnering with Powermat two Technologies Ltd. in 2011. Powermat wireless charging uses magnetic powers to create electronic charge on smart phones, ipods, mp3 players and gaming devices. The joint venture of Duracell and Powermat Technologies created wireless chargers for mobile phones and other electronics. In 2012, Duracell, under multiple mergers, founded PMA ( Power Matters Alliance ), a non-profit global organization for wireless and mobile technologies where the board members include AT&T, Duracell,  Starbucks, Powermat Technologies, Flextronics, Federal Communications Commission (FCC), and Energy Star. It is an association of multiple business entities under one umbrella. In 2013, after years of Duracell mergers and acquisitions, another product was born. It was the Duracell Quantum Alkaline Batteries. Considered as the top of the line from Duracell products due to its power booster capabilities giving more battery life hours electronic devices than ever before which lasted more hours in children’s toys and flashlights. In late 2014, Berkshire Hathaway, owned and chaired by Warren Buffet was working on the acquisition of Duracell and in early 2016, the acquisition was completed.
  • Dairy Queen or International Dairy Queen, Inc. is a multinational food chain of frozen dairy products such as ice cream, desserts, shakes and a fast-food restaurant. Dairy Queen owned owned Orange Julius, a chain of Fruit Drink Beverage Stores founded in the 1920s, Karmelkorn, a popcorn and caramel corn store founded in 1929.
  • BNSF (Burlington Northern Santa Fe Corp.) In 2009, Berkshire Hathaway purchase BNSF, a Railway Company is the largest freight railroad network in North America. freight transportation companies, with a rail network of 32,500 route miles in 28 states and three Canadian provinces. BNSF is one of the totransporters of the products and materials that help feed, clothe, supply and power communities throughout America and the world. BNSF moves these goods more safely and efficiently, on significantly less fuel, with fewer emissions than the all-highway alternative. BNSF helps transport in truck trailers or containers, Agricultural Products, agricultural commodities, grain, Consumer Products, car or trucks, Industrial Products, Coal shipments.
  • Lubrizol Corporation, a Berkshire Hathaway company, is a provider  Lubrizol Additives and Lubrizol Advanced Materials.
  • Product lines include:
    1. Driveline Additives – Additives for gear oils, transmission fluids and off-highway fluids, covering all on and off road applications
      • Agriculture – Tractor Hydraulic Fluid. Lubrizol is the only additive company that manufactures a full range of products covering all three types of fluids.
      • Super Tractor Oil Universal -used in wet brake tractors. Covers the same components as a UTTO, with the addition of the engine:
        • Engines
        • Transmissions
        • Clutches
        • Axles and final drives
        • Wet brakes
        • Hydraulic systems
      • Tractor Transmission Oil – used in dry brake tractors only and covers the following components:
        • Transmissions
        • Clutches
        • Axles and final drives
        • Hydraulic systems
      • Universal Tractor Transmission Oil – used in wet brake tractors only and covers the following components:
        • Transmissions
        • Clutches
        • Axles and final drives
        • Wet brakes
        • Hydraulic systems
      • Axle oil – gear oils,
        • used in industrial applications – Industrial Gear Oil Additives
          • Lubricants for industrial gearboxes for Food Processing (Gearboxes used within the food processing industry), General Manufacturing (gearboxes found in the many varied configurations of industrial manufacturing.), Marine(Industrial gearboxes used onboard marine vessels), Mining (gear oil additive to retain performance and continue providing protection in harsh mining conditions, contamination of the lubricant by dust, debris ), Open Gear Sets ( Large open gear sets operating under conditions where power is transferred between gears under different velocities or loads are often prone to shock loading.), Power Generation (From hydro-power generation, through conventional steam and gas turbines through to modern wind turbine generators, industrial gear oils need to have excellent, robust and reliable performance.), Steel Manufacturing (In hot and demanding steel manufacturing environments, gear oils need to provide protection under shock loading conditions and also survive excessive water contamination).
        • used in automotive applications – Automotive gear lubricants can be used in automotive manual transmissions, front and rear axles
      • Construction and mining fluids
      • Transmission fluids
    2. Engine Oil Additives – Comprehensively designed to protect all types of engines in a variety of operating environments
      • Heavy duty diesel
      • Marine diesel
      • Motorcycle
      • Passenger car
      • Recreational vehicle
      • Power tool
      • Stationary natural gas
    3. Fuel Additives – Advanced, quality fuel additive chemistries bringing proven value to fuel marketers
      • Biofuel
      • Diesel
      • Gasoline
      • Home heating oil
      • Industrial
      • Marine
    4. Industrial Lubricant Additives – The best in hydraulic, industrial gear, grease and metalworking additives, backed by extensive testing to optimize results
      • Grease
      • Metalworking
      • Industrial gear oil
      • Hydraulic fluids
      • Emulsion explosives
      • Turbine and circulating oils 
      • Compressor lubricants
  • Fruit of the Loom is a Clothing, Underwear and Sports equipment manufacturing company acquired by Berkshire Hathawayi n 2002. Product Line includes:
  • Men
    • Underwear
    • Clothing
    • Big And Tall
    • Socks
  • Women
    • Underwear
    • Bras
    • Clothing
    • Socks
  • Kids
    • Boys
      • Underwear
      • Clothing
      • Big And Tall
      • Socks
    • Girls
      • Underwear
      • Clothing
      • Big And Tall
      • Socks
    • Baby
      • Baby Socks
      • Baby Bodysuit
      • Baby Pants
      • Baby Blanket/Bib/Hat
      • Baby Bundle – Baby Sock Gift Set, Breathable Crew Length Socks
    • Collections
      • Fit For Me – Plus Size breathable underwear, Soft leg bands and a smooth waistband
      • Breathable – Women’s Plus Fit for Me Breathable Cotton-Mesh Brief Panty, Women’s Plus Fit for Me Breathable Micro-Mesh Brief Panty, Men’s Breathable Cotton Micro-Mesh Assorted Briefs, Men’s Breathable Micro-Mesh Print and Solid Boxer Briefs, Men’s Breathable Long Leg Boxer Brief, Men’s Breathable Lightweight Micro-Mesh Long Leg Boxer Briefs, Women’s Breathable Cotton-Mesh Brief Underwear, Men’s Breathable Lightweight Micro-Mesh Boxer Briefs, Men’s Breathable Long Leg Boxer Brief, Toddler Boys’ Breathable Boxer Briefs, Women’s Breathable Seamless Bikinis, Men’s Breathable Black and Gray Boxer Brief.
      • CoolZone – Foot Loom Men’s CoolZone Fly Black and Gray Short Leg Boxer Briefs, Men’s CoolZone Fly Assorted Boxer Briefs, Men’s CoolZone Fly Stripe and Solid Boxer Briefs, Men’s CoolZone Fly Ringer Boxer Briefs.
      • EverLight – Ultra Light, Ultra Comfortable, Breathable mesh fabric, Moisture Wicking, 4 Way Stretch
        • Men’s EverLight Go Active Black/Gray Crew Neck T-Shirts
        • Men’s EverLight Go Active Boxer Briefs, 
        • Men’s EverLight Assorted Boxer Briefs,
        • Men’s EverLight Black/Gray Boxer Briefs
  • Helzberg Diamonds is a jewelry retailer company founded in by Morris in 1915 and became a part of Berkshire Hathway in 1995. Helzberg Diamonds product line includes:
    • ENGAGEMENT RINGS
      • SOLITAIRE ENGAGEMENT RINGS
        • 1 ct. tw. ALTR™ Created Diamond Solitaire Engagement Ring in 14K White Gold
        • Prima Diamond Solitaire Engagement Ring in 14K White Gold
        • Forever One Moissanite Solitaire Engagement Ring in 14K White Gold
        • 3/4 ct. tw. ALTR Created Diamond Solitaire Engagement Ring in 14K White Gold
      • HALO ENGAGEMENT RINGS
        • 1/2 ct. tw. Diamond Engagement Ring in 14K White Gold
        • London Blue Topaz & 1/3 ct. tw. Diamond Ring Set in 14K White Gold
        • Forever One™ 1 1/4 ct. tw. Moissanite Ring in 14K White Gold
        • Forever One™ 3 ct. tw. Moissanite Halo Engagement Ring in 14K White Gold
      • BRIDAL AND WEDDING RING SETS
        • London Blue Topaz & 1/3 ct. tw. Diamond Ring Set in 14K White Gold
        • 1/2 ct. tw. Diamond Engagement Ring Set in 10K White Gold
        • CLEARANCE 5/8 ct. tw. Multi-Diamond Engagement Ring Set in 10K White Gold
      • WHITE GOLD ENGAGEMENT RINGS
        • VAULT SALE 1/2 ct. tw. Diamond Engagement Ring in 14K White Gold
        • Forever One™ 1 3/4 ct. tw. Moissanite Ring in 14K White Gold
        • Forever One™ 7/8 ct. tw. Moissanite Solitaire Engagement Ring in 14K White Gold
      • MONIQUE LHUILLIER ENGAGEMENT RINGS
        • Monique Lhuillier 1/4 ct. tw. Diamond Semi-Mount Engagement Ring in 14K Yellow & White Gold
        • Monique Lhuillier 5/8 ct. tw. Diamond Semi-Mount Engagement Ring in 14K White Gold
        • Monique Lhuillier 1/2 ct. tw. Diamond Semi-Mount Engagement Ring in 14K White Gold
        • Monique Lhuillier 1 ct. tw. Diamond Halo Semi-Mount Engagement Ring in 14K White Gold
      • WEDDING RINGS & BANDS
        • 1/2 ct. tw. Diamond Contour Band in 14K White Gold
        • 1/7 ct. tw. Diamond Band in 10K Yellow Gold
        • 1/7 ct. tw. Diamond Band in 10K Rose Gold
        • 1/7 ct. tw. Diamond Band in 10K White Gold
  • Home Services of America – Berkshire Hathaway Home Services is a real estate services company providing real estate brokerage services, mortgage loan origination, franchising, title insurance/escrow and closing services, home warranties, property insurance, casualty insurance, and relocation services for residential properties. Home Services of America owns
    • Long & Foster – a real estate brokerage firm, offering residential and commercial real estate, mortgage, settlement, insurance, property management, corporate relocation and vacation rental services.
      • SERVICES#
        • Relocation Services
        • Mortgage
        • Insurance
        • Title & Settlement
        • Property Management
        • Real Estate Investing
        • Vacation Rentals
        • Home Warranty & Inspection
        • Home Service Connections
        • Tailored Move
        • Commercial Real Estate
        • Urban Pace Development Services
        • HS Franchise Holding, LLC
      • HS Holdings, LLC is a private investment firm based in Dallas Texas focusing on
        • Healthcare Technology
        • Healthcare Services
        • Light Manufacturing
        • Distribution
  • Flight Safety International is a Flight Safety Training School for professional pilots and student pilots.
  • Pampered Chef,
  • Forest River and Net Jets, and also owns 38.6% of Pilot Flying J;
  • and significant minority holdings in U.S. public companies Kraft Heinz Company (26.7%),

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