Businessmen
Businessmen
Businessperson is a person involved in business - in particular someone undertaking activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue utilizing a combination of human, financial, intellectual and physical capital with a view to fuelling economic development and growth. An entrepreneur is an example of a businessperson. The term "businessperson" may refer to founder, owner, or majority shareholder of a business or it can also be used to describe a high-level executive who does the everyday running and management of a business even though the executive is not the owner. The term may sometimes mean someone who is involved in an upper-level management role in a corporation, company, enterprise, firm, organization, or agency. This can especially apply to the founder, an owner, a manager, an executive, or an administrator in charge of total management of a corporation, company, organization, or agency.
Qualifications
businessperson is a person involved in business - in particular someone undertaking activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue utilizing a combination of human, financial, intellectual and physical capital with a view to fuelling economic development and growth. An entrepreneur is an example of a businessperson. The term "businessperson" may refer to founder, owner, or majority shareholder of a business or it can also be used to describe a high-level executive who does the everyday running and management of a business even though the executive is not the owner. The term may sometimes mean someone who is involved in an upper-level management role in a corporation, company, enterprise, firm, organization, or agency. This can especially apply to the founder, an owner, a manager, an executive, or an administrator in charge of total management of a corporation, company, organization, or agency.
· Tact financial and business savvy, courage, leadership, vision, creativity, imagination, and organizing ability.
· Strong sales and marketing skills. Among these components include branding, advertising, and public relations.
· Attention, time management, and punctuality.
· Well-balanced consistency in their business approach.
· Respect towards subordinates and customers.
· Interest in giving back to society through philanthropy or venture capitalism for future socioeconomic development.
This is a list of 10 richest businessperson.Here are people who have started out from nothing. Others were fortunate enough to be born into business while others climbed their way to the top. Regardless from where they came from they all fall under our category of the richest businessmen in the world. Take a peek and maybe you'll get inspired too.
#1 | Bill Gates | $75 B | 61 | Microsoft | United States | |
#2 | Amancio Ortega | $67 B | 80 | Zara | Spain | |
#3 | Warren Buffett | $60.8 B | 86 | Berkshire Hathaway | United States | |
#4 | Carlos Slim Helu | $50 B | 77 | telecom | Mexico | |
#5 | Jeff Bezos | $45.2 B | 53 | Amazon.com | United States | |
#6 | Mark Zuckerberg | $44.6 B | 32 | United States | ||
#7 | Larry Ellison | $43.6 B | 72 | Oracle | United States | |
#8 | Michael Bloomberg | $40 B | 74 | Bloomberg LP | United States | |
#9 | Charles Koch | $39.6 B | 81 | diversified | United States | |
#9 | David Koch | $39.6 B | 76 | diversified | United States |
1) Bill Gates - From his perch atop the world's largest private charitable foundation, Gates keeps pushing to save lives in the developing world through efforts to eliminate polio, attack malaria and expand childhood vaccinations. The Bill & Melinda Gates Foundation is also focused on K-12 education in the U.S., although it admitted this year that it's a "real struggle" to make changes to the system. In June 2016 his team created a chicken coop in a Manhattan skyscraper to showcase the importance a few chickens can have for some of the world's poorest people. "There is no investment that has a return percentage anything like being able to breed chickens," Gates said at the time. America's richest person for 23 years running, he stepped down as Microsoft's chairman in 2014 but remains a technology advisor and board member of the company he cofounded in 1975. Gates sells his Microsoft shares on a regular basis and as of late September 2016 owned just 2.5% of the company, which accounted for 13% of his fortune. He also has investments in Canadian National Railway, tractor maker Deere & Co. and car dealer AutoNation. In December 2016 he unveiled a partnership with about 20 other billionaire investors to establish a $1 billion clean energy venture fund called Breakthrough Energy Ventures.
2) Amancio Ortega - Zara founder Amancio Ortega is the richest man in Europe and the wealthiest retailer in the world. He started manufacturing textiles through a small family company in 1963 before cofounding Zara with his ex-wife RosalÃa Mera (d. 2013) in 1975. By the mid-1980s, Ortega had expanded throughout Spain, and he opened his first store in America in 1989. As he expanded his empire, which today includes Zara, Massimo Dutti and Pull&Bear, he caught the retail establishment by surprise, limiting advertising, expanding aggressively, and controlling much of his own supply chain. Louis Vuitton fashion director Daniel Piette once called Inditex "possibly the most innovative and devastating retailer in the world. Ortega powered through his country's financial crisis, personally gaining $45 billion from 2009 to 2014 as shares of Inditex defied the rest of the Spanish stock market. He stepped down as chairman of Inditex in 2011 but still hauls in more than $400 million in dividends annually. He has been plowing his spare cash into real estate investments all over the world, including Madrid, Barcelona, London, Chicago, Miami and New York, amassing a portfolio worth more than $8 billion.
3) Warren Buffet - The Oracle of Omaha, Warren Buffett ranked number two on the Forbes 400 for 15 years straight. That streak ended in September 2016 when he was overtaken (by Jeff Bezos) despite adding $3.5 billion to his fortune in the previous year. The last time he ranked so low, Bill Clinton was in the White House. He spent parts of 2016 stumping for Hillary, and promised to release his tax returns if Donald Trump did the same. Unlike Trump, Buffett does not think America needs to be made great again. "The babies being born in America today are the luckiest crop in history," he wrote in his annual letter to Berkshire Hathaway shareholders. "For 240 years it's been a terrible mistake to bet against America, and now is no time to start." Such optimism makes sense coming from one of the most successful investors in history. Shares of Berkshire Hathaway remain near all-time highs. One investment not doing well: Wells Fargo. The company, in which Berkshire has a 10% stake, is mired in scandal for creating 2 million accounts for customers without their permission. Berkshire also has stakes in American Express and Coca-Cola and owns Geico, Dairy Queen and Fruit of the Loom. In July 2016 Buffett gave away nearly $2.9 billion in Berkshire stock to the Bill & Melinda Gates Foundation and his family members' foundations, in what has become his annual summer gift. Known for his relative frugality, Buffett still lives in the Omaha home he purchased for $31,500 in 1958. He says his best investment was buying Benjamin Graham's legendary book, "The Intelligent Investor," in 1949.
4) Carlos Slim Helu - Carlos Slim Helu has been hit hard by Donald Trump's election. The world's second richest man in 2015, he hit major headwinds in the past year; his net worth declined by nearly $5 billion in just four days after the U.S. general election. Previously, shares of his pan-Latin American mobile phone operator, America Movil, took a beating in 2015 and early 2016 in the wake of new Mexican telecom regulations, a weaker Mexican peso and economic decline in Brazil. That drove a $27.1 billion drop in Slim's net worth, making him the biggest dollar loser on the 2016 Forbes Billionaires List. Slim is the largest shareholder of The New York Times, with a nearly 17% stake. He also owns a majority stake in industrial conglomerate Grupo Carso, financial venture Grupo Financiero Inbursa and infrastructure development and operating company Ideal.
5) Jeff Bezos - Amazon's chief Jeff Bezos added $20 billion to his net worth over 14 months through December 2016, the largest gain of anyone in the world. The online retailer's stock has shares soared thanks in part to its booming cloud-computing unit, Amazon Web Services. Bezos boasted at the 2016 shareholders meeting that Amazon is the fastest company ever to reach $100 billion in annual sales, which it cleared in 2015. Big gains often come from taking bold risks. "We are the best place in the world to fail (we have plenty of practice!), and failure and invention are inseparable twins," Bezos wrote in his last annual report. Raised by his mom and stepdad, a Cuban immigrant who adopted him, he quit a lucrative New York hedge fund job in 1994 with the simple idea to sell books online. Now Amazon sells nearly everything a consumer might want. His other passion is space travel: His aerospace company, Blue Origin, is developing a reusable rocket that Bezos says will carry passengers. A Star Trek fan, Bezos played a small role in the Star Trek film released in July 2016, appearing as an alien-faced Starfleet official.
6) Mark Zuckerberg - Mark Zuckerberg and his wife Priscilla Chan made an audacious bet in late September, promising to spend $3 billion of their fortune over the next decade to manage, cure or prevent all disease by the end of the century. The move follows the couple's decision in December 2015 to give away 99% of their Facebook stock over their lifetime "to advance human potential." The potential payout to the world has risen as the price of Facebook stock increased by 15% between the announcement and December 2016. The higher share price has added billions to Zuckerberg's fortune, lifting him into the top 5 on The Forbes 400 for the first time. Under his leadership, Facebook is reaping billions from mobile ad sales. In April it is introducing the ability to stream live videos with Facebook Live. In March of 2016, two years after it bought Oculus Rift for $2 billion, Facebook began shipping its virtual reality headsets. Zuckerberg, a Harvard dropout, founded the social network in 2004 when he was 19.
7) Larry Ellison - Larry Ellison fell out of the top 3 on The Forbes 400 for the first time since 2007. His fortune rose $1.8 billion over the 12 months through late September 2016, but he was surpassed by younger folks with faster-growing tech companies. Still, he's trying to catch up, steering Oracle, the software giant he founded, to expand its small but growing cloud business, putting it in direct competition with Amazon's successful Web Services division. To bolster that business, in July 2016 Oracle said it would buy cloud software firm NetSuite for $9.3 billion. Ellison gave up the CEO role in 2014 but is still Oracle's chairman and chief technology officer. He started out building databases for the CIA, launched Oracle in 1977, and took it public in 1986, one day before Microsoft did the same. In May 2016, Ellison said he will give $200 million to the University of Southern California for a cancer research and treatment center.
8) Michael Bloomberg - In July, former New York City mayor Michael Bloomberg gave a speech at the Democratic National Convention endorsing Hillary Clinton: "Let's elect a sane, competent person," he said. Despite his support, his favored candidate ultimately lost the election in November. Bloomberg, a Democrat who switched to the GOP and later became an independent, previously considered making his own presidential bid when Clinton struggled early on against challenger Bernie Sanders, but eventually decided not to run. Since returning to Bloomberg LP from City Hall in early 2015, he has shaken up the company by refocusing its media division on its core coverage area: business and financial news. Sales are up an estimated 3%, helping boost his fortune by $6.4 billion. Bloomberg has donated more than $4 billion to gun control, climate change and other causes. He recently became a global ambassador for the World Health Organization. He owns 88% of the firm he founded, which in 2014 had $9 billion in revenues. Bloomberg got his start on Wall Street in 1966 in an entry level job at investment bank Salomon Brothers and rose to become head of equity trading and then head of information services before being let go in 1981 when the firm was acquired. That year, along with Tom Secunda, Chuck Zegar, and Duncan MacMillan, he founded Bloomberg LP, which sold its first financial information systems to Merrill Lynch.
9) Charles Koch - Charles Koch's dad, Fred, started the family business in 1940 and improved a method of refining heavy oil into gasoline. Charles took over as chairman and CEO of the oil and gas business after his father's death in 1967 and expanded the firm into Koch Industries, a $100 billion (sales) conglomerate that includes chemicals manufacturing, pipelines and commodities trading. A subsidiary, Georgia Pacific (maker of Brawny paper towels and Dixie cups), launched its first line of carpet cleaners under the Stainmaster brand in August 2016; refining and chemicals unit Flint Hills Resources started up a new biodiesel plant a month later. Koch Industries has also implemented the "Ban the Box" policy: removing the question that asks for a job candidate's criminal history on the initial application. A longtime Republican megadonor ,Charles Koch publicly compared the 2016 presidential race between Trump and Clinton as being forced to choose between "cancer" and a "heart attack."
10) David Koch - With his older brother, Charles, David Koch shares control of Koch Industries, the second largest private company in the U.S. Their dad Fred Koch, who improved a method of refining heavy oil into gasoline, started the family business in 1940. Charles took over as chairman and CEO after his death in 1967 and expanded the firm into a $100 billion (sales) conglomerate; David oversees its chemical technology group. The Libertarian Party's vice-presidential candidate in 1980, Koch has refused to financially support or advocate for either Hillary Clinton or Donald Trump in this year's presidential race. Instead the brothers' powerful political fundraising network, which has spent hundreds of millions in past election cycles, is focusing on Senate and House races. A high profile philanthropist, Koch has donated nearly $1 billion through the end of 2015. He held the MIT record for most points scored in a basketball game for 46 years, and graduated the university as its all-time scoring leader.
I want to show you some advice from businessmen:
Mark Zuckerberg: "For anyone who's had the experience of actually building a company, you know that you go through some really hard things along the way, and I think part of what gets you through that is believing in what you're doing and knowing that what you're doing is really delivering a lot of value for people," Zuckerberg explained. "And that's how the best companies end up getting made."
Amancio Ortega: The worst thing one can do is become self-satisfied, Ortega told a group of business professors in 2007. "Success is never guaranteed," he said to Cinco Dias, a Spanish business and finance newspaper that reported on the event. "Complacency is the worst," he told the professors. "I never allow myself to be content with what I have done, and I have always tried to instill this in everyone around me." When he does speak, Ortega can at times match the blunt management-speak that fits the billionaire mold more broadly. "Grow or die," he said in Spanish. "If you want to innovate, don't focus on the results.
Sourses: Wikipedia, CNBC, FORBES.
Businessmen
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Great George,the informatio U have shared is very interesting.Thank U
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