25+ Forbes Facts That You Must Know In 2020

forbes facts

Here Are The List Of 25+ Forbes Facts That You Must Know In 2020:

Interesting Forbes Facts:

  •  In the past 30 years, only 5 people have held the title of the richest person on the planetWarren Buffett, Carlos Slim, Warren Buffett, Yoshiaki Tsutsumi, and Taikichiro Mori. Bill Gates has been the world’s richest person for 17 of the past 22 years.
  •  The 500 richest individuals in the world are responsible for 64% of all 1,810 billionaires’ wealth.
  •  A record 66 members of the 2016 FORBES Billionaires List are under the age of 40. That’s more than triple the number four years ago and a seven-fold increase since 2010. A record 36 of these young billionaires have self-made fortunes.
  •  Just 19 years old, Alexandra Andresen is the world’s youngest billionaire and the second teenage billionaire to ever appear on the Billionaires List. Heir to a family fortune built on tobacco, FORBES values her stake in investment company Ferd at $1.2 billion. Her sister, Katharina Andresen, is the second-youngest billionaire at the age of 20.
  • 8. Despite a turbulent year for the world’s wealthy, 198 newcomers added their names to the FORBES Billionaires List in 2016. The richest new additions were Udo and Harald Tschira, who inherited shares in software giant SAP from their father Klaus Tschira, who died.
  • This past year, 221 billionaires got knocked off the FORBES Billionaires list; not since 2009—when the credit crisis exiled 355 from the three-comma club—have so many gone down in one year.
  • Just two of the 20 richest people in the world held on to their rankings this year. Bill Gates is the richest man on the planet for the 17th time in the last 22 years. His buddy Warren Buffett remains the third-richest person in the world, despite losing $11.9 billion as shares of his Berkshire Hathaway tumbled 14%.
  • There are only 10 female billionaires who made or inherited their fortunes from technology. The richest is Steve Job’s widow, Laurene Powell Jobs, who holds the largest individual stake in Disney and is worth $16.2 billion
  • New York City is still the world capital for the ultra-rich. Seventy-nine billionaires call the Big Apple home, holding a combined $364.6 billion in wealth. Mike Bloomberg is the city’s richest, taking the spot from David Koch. (Source: Forbes)

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Mind-Blowing Forbes Facts:

  • Each year since Facebook’s IPO in 2012, Zuckerberg has added an average of $9 billion to his net worth.
  • Zuckerberg is so rich that he’s able to live off an annual salary of $1.
  • However, Zuckerberg’s 12019 net worth sank by nearly $9 billion compared to the previous year- but he still retained a spot in the world’s top 10 richest people.
  • There are 2,150 billionaires — worth a combined $10 trillion.
  • Their wealth is greater than that of 60% of the world’s population.
  • The world’s most philanthropic billionaires are incredible examples to follow.
  • The world’s richest person makes $2,489 a second.
  • The richest 22 men in the world have more wealth than all the women in Africa. (Source: Global Citizen)

Amazing Forbes Facts:

  • 1. More than half started their business to “solve a problem.” Have you heard the adage, “Don’t ask your kids what they want to be when they grow up – ask them what problem they want to solve”? This sentiment rang true for the Under 30 honorees, of whom 57% said that they started their business not to make money or pursue fame, but to solve a problem in the world.
  • 2. They’re a strikingly global group. Around 100 of the honorees – i.e., 1 out of 6 – are immigrants, hailing from 44 countries.
  • 3. Grit is more important than passion. Though “follow your passions!” has become something of a cliche among entrepreneurs, this year’s group listed “Passion” as less crucial than “Grit” when naming the most important traits for entrepreneurs.
  • 4. They see their generation as being innovators. Millennials might get a bad rap in the media, but the Under 30 honorees see great potential for innovation in their peers.
  • 5. They measure their success in terms of fulfillment, not finances. A paltry 4% of honorees said that they pursue their business endeavors primarily for fame or fortune. A whopping 48%, on the other hand, describes success as being tantamount to liking yourself and what you do. (Source: Financialish)

Unbelievable Forbes Facts:

  • Daniel Loeb Of Third Point Recently, one of the four partners of Loeb’s fund reportedly quit. Keri Findley, one of the very few senior women hedge fund executives, started as an analyst in the firm in 2009 and was elevated as a partner a little over a year ago.
  • Jeffrey Talpins Of Element Capital Management Specialist in macro trading, Talpins worked as a trader for Citigroup Inc (NYSE: C) and Goldman Sachs Group Inc (NYSE: GS) earlier before starting a hedge fund of his own.
  • Stanley “Stan” Druckenmiller Of Duquesne Family Office This hedge fund manager had the privilege of working alongside the legendary George Soros and was instrumental in breaking the Bank of England along with Soros by heavily shorting the pounds.
  • Israel Englander Of Millennium Management Recently, Israel Englander lost Michael Gelband, who was overseeing fixed income operations at the fund. Gelband was touted to be a potential successor to Englander and now the firm is left to deal with his departure.
  • Danny Yong Of Dymon Asia Capital Yong founded his global macro fund in 2008 and has been hugely successful on his macro and currency bets.
  • Peter Miller Of PDT Partners PDT, which stands for Process Driven Trading is a quantitative proprietary trading group, which was originally part of Morgan Stanley (NYSE: MS). Subsequently, it became an independent investment manager in 2013.
  • Leon Cooperman Of Omega Advisors Leon Cooperman’s Omega Advisors has seen its assets shrink, as the fund suffered from the fallout from an SEC investigation into insider trading in September last.
  • And 25. Peter Brown & Bob Mercer Of Renaissance Technologies Corp. After Renaissance’s Simons retired in 2010, he left the responsibility of managing the fund with Peter Brown and Bob Mercer. They both now serve in the role of co-CEO at this huge quantum fund. (Source: Finance Yahoo)

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