Richest People In History

The 10 wealthiest people in the history of the world, according to TIME

By on October 9, 2015 at 2:11 PM.

The 10 wealthiest people in the history of the world, according to TIME

Extreme wealth, in more recent times, has tended to accumulate in the hands of individuals who have been at the forefront of either industrial and technological revolutions. From the wealth Cornelius Vanderbilt amassed building railroads in the 1800s to the impressive fortune Bill Gates amassed as the CEO of Microsoft, many of the world’s richest men over the past two centuries or so are likely familiar names.

But if we take a step back and look at the richest individuals to have ever lived, the list becomes a whole lot more interesting. While more recent manifestations of wealth can be seen in the realm of industry and technology, more ancient manifestations of wealth arose in contexts of sheer power and, at times, old-fashioned military domination.

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Facebook’s Zuckerberg signs Giving Pledge; commits to give away majority of wealth

By on December 9, 2010 at 10:45 AM.

Facebook’s Zuckerberg signs Giving Pledge; commits to give away majority of wealth

The Wall Street Journal is reporting that Facebook founder and CEO, Mark Zuckerberg, has signed the Giving Pledge, committing to donate the majority of his fortune to charitable organizations. The Pledge, which asks its signers to give away the lion’s share of their wealth during their lifetime, was organized by Microsoft founder Bill Gates and Wall Street mogul Warren Buffet. Other notable signatories of the pact include: Oracle CEO Larry Ellison, New York mayor Michael Bloomberg, AOL co-founder Steve Case, and film director George Lucas.

Mr. Zuckerberg, who has been quoted as saying wealth is both an “advantage” and a “responsibility,” made his first sizable donation of $100 million to New Jersey’s Newark Public School system this past September. “There’s so much that needs to be done, it would be better to start now,” said the CEO in a prepared video.

Although his company’s valuation is based on a future IPO, Mr. Zuckerberg’s net worth is estimated at $6.9 billion. More →

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Facebook's Zuckerberg worth $6.9 billion, passes Apple's Jobs on Forbes 400 list

By on September 23, 2010 at 8:20 AM.

Facebook's Zuckerberg worth $6.9 billion, passes Apple's Jobs on Forbes 400 list

We do wonder what it is like to be 26 years old and have a net worth of $6.9 billion. Seems like a pretty awesome problem to have. Forbes is reporting that Facebook founder and CEO Mark Zuckerberg is now ranked thirty-fifth on the Forbes 400 list; a list that details the richest Americans. One notable tech persona that Mr. Zuckerberg leapfrogged is Apple CEO Steve Jobs. Mr. Jobs is currently ranked forty-second on the list with an estimated net-worth of $6.1 billion. The young, social-networking tycoon isn’t just hoarding his cash though. The Wall Street Journal is reporting that the Facebook CEO is expected to announce a $100 million donation to the Newark Public School System. Currently the Newark, NJ system is the lowest performing system in the country; only half of its 40,000 students graduate high school. Nice work Mr. Zuckerburg, we’ll hit the proverbial “like” button for your charitable works. More →

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