In this February 26, 2007 file photograph, Charles Koch, head of Koch Industries, talks passionately about his new book on Market Based Management. (Bo Rader/Wichita Eagle/MCT via Getty Images)

If you want to know those people who rule the world with their billions, you’ve come to the right place as we talk about the top richest people in the world. These billionaires listed here have been in the game for quite some years now and are amongst the most elite people in the world.

With some luck, intelligence, instincts and a lot of hard-work, these people have garnered unimaginable amounts of wealth. Collectively, these top ten richest people in the world bank a total of $556 billion. Now let’s uncover the exceptional stories behind the planet’s wealthiest people.

10. Liliane Bettencourt and Family: $40.1 Billion

The family that made the brand L’Oreal dominate cosmetics and beauty markets all over the world have it made into the top ten list of richest people on earth

Liliane is the principal shareholder of L’Oreal, a multinational company in France with wings expanded in every corner of the world. This company earns billions of dollars in a year from its personal care products.

9. Jim Walton: $40.5 Billion

Jim Walton

Wal-mart has made people millionaires and some lucky ones have been able to garner billions from Mart’s success. Jim Walton is among those few who have not only made billions but also have made enough of the money to get listed as the ninth richest person in the whole world.

Being the youngest son of Sam Walton, co-founder of Wal-Mart, Jim has been an active shareholder of the company and is also a member of the Board of Directors.

8. Christy Walton and Family: $41.7 Billion

The Waltons of Wal-Mart are the real contenders for being the wealthiest people in the world. Christy is the widow of John T. Walton who was the son of Sam Walton. She inherited the fortune of $18 billion and more after the death of John in June 2005.

Her wealth has only grown more and more with time and now, it has landed her the eight position among the wealthiest in the world.

7. David Koch: $42.9 Billion

David Koch, an MIT graduate of chemical engineering is the 7th richest person in the world with the success of his co-owned company, Koch industries. David banks billions from his company and piles on with his involvement in other diversified businesses as well. He is a high-profile philanthropist and is active in politics as a supporter of the Republican party. Currently, David Koch boasts of about $42.9 billion.

6. Charles Koch: $42.9 Billion

Charles is another billionaire listed as one of the wealthiest with $42.9 billion, same as that of David Koch, his brother. Charles is a co-owner of Koch industries where he currently serves as a CEO and chairman of the board.

He is also a noted philanthropist and an author of the book, ‘The Science of Success: How Market Based Management Built the World’s Largest Private Company’.

5. Larry Ellison: $54.3 Billion

The fifth position on the list is held by the well-deserving, Larry Ellison, the owner of Oracle is worth about $54.3 billion. A true businessman who gave this world a new vision about the internet business, Larry Ellison, was the CEO of the software company Oracle Corporation from 1977 to 2014.

He made a name as the first Silicon Valley tech entrepreneur to live large and fast with Oracle in his hands. Larry is an inspiration to all the techno-savvy youth of this generation.

4. Armancio Ortega: $64.5 Billion

The Spanish fashion businessman and founding chairman of Inditex Fashion Group, Amancio Ortega ranks fourth on the list. His business group is best known for its chain of Zara clothing and retail shops that extend to every corner of the world and earns him billions of dollars each year.

3. Warren Buffett: $72.7 Billion

Warren Edward Buffett is arguably the most successful investor of the twentieth century. The American business magnate, investor and noted philanthropist, Warren is the CEO, Chairman and the largest shareholder of Berkshire Hathaway.

With his keen intelligence in investments, he earned himself a spot as the wealthiest person in the world in 2008. In 2015, he was ranked as the third richest person on the planet.

2. Carlos Slim Helu and Family: $77.1 Billion

Carlos Slim Helu is a Mexican business magnate and investor widely known for his investments in telecommunication of Mexico. He invests in almost every sector of the Mexican economy and is accounted for holding around 40% of the listings in the Mexican share market.

He currently serves as the CEO of telecommunication companies like Telmex and America Movil. Widely known as the Warren Buffett of Mexico, Carlos has surpassed Warren in terms of wealth and now stands as the second richest person in the world.

1. Bill Gates: $79.2 Billion

With Microsoft leading the communication world, Bill has been reigning the world with his billions of money. The philanthropist and indigenous businessman has always managed to be on the top of his game. Despite some ups and downs in the ranks in recent years, the usual suspect, Gates has always topped the position for more than a decade now.

This college drop-out is surely an inspiration as he has been one of the best-known entrepreneurs of the computer revolution.

Most of the billionaires in this list are Americans, which proves that the country is full of opportunities for people who know how to make the most out of their ideas and entrepreneurship. These people have managed to increase their fortunes even in the time of economic inflation while their hard-work can be considered as some of the best rags-to-riches stories.

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