What is a Business Tycoon? Top 10 Business Tycoons in the World

Top business tycoons have achieved success and influence others to grow. They have faced difficulties, challenges and learn from their mistakes to become a successful business tycoon. In this article, we will discuss Top 10 business tycoons in the world.

What is a Business Tycoon?

In the 19th and 20th centuries, the term Tycoon was used to refer to the personalities, their industries are dominating all over the world. Investors who are investing in the business and taking it to the top are considered business tycoons. In the modern world, many tycoons own technology businesses. We have listed top business tycoons who have become the hero.

List of Top 10 Business Tycoons in the World

1. Elon Reeve Musk

South African-born Elon Reeve Musk is an American businessman. He is 47 years old. He is the founder and CEO of SpaceX. He is co-founder and CEO of Neuralink and Tesla. His net worth is $209 billion.

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X.com was co-founded by Musk in 1999. It was an e-mail payment company and online financial services. Later this company collaborates with Confinity, which was renamed in 2001 called PayPal.

After PayPal was acquired by eBay for $1.5 billion in stock in October 2002. Elon Musk received $165 million. Before its sale, Musk owned 11.7% of PayPal’s shares. In 017, Musk purchased the domain X.com from PayPal.

In 2004, Musk joins Tesla as its chairman of the board of directors. In 2008, Tesla became the first automobile company to build an electric sports car called Tesla Roadster. Stock in Tesla has risen significantly.

2. Jeff Bezos: One of Top 10 Business Tycoons in the World

American entrepreneur Jeff Bezos is at #2 in our list of the biggest business tycoon in the world. He is 57 years old. His net worth is $184.6 billion. In 1986, Jeff Bezos was graduated from Princeton University. He got his degrees in electrical engineering and computer science from Princeton University.

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In 1994, Jeff Bezos founded Amazon.com in the garage of his house. In almost three years he grew up his setup and make it one of the leading online marketplaces. In September 2000, Bezos founded Blue Origin.

Also read: 20+ Life-Changing Motivational Quotes of Jeff Bezos

Blue origin is a human spaceflight startup company. Bezos launches Amazon Web Services in 2002. Amazon Kindle was launched in November 2007. Now Amazon is the biggest e-commerce store in the world.

3. Bill Gates

An American businessman Bill Gates is at #3 in our list of biggest tycoons in the world. He is 65 years old. Bill Gates is a co-founder of Microsoft Corporation. With his childhood friend Paul Allen, Gates co-founded Microsoft in 1975.

Bill Gates was the largest shareholder of Microsoft. He is one of the well-known entrepreneurs in the world. Gates has an estimated net worth of US$163 billion which makes him the third-richest person in the world.

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He serves as a chairman, CEO, president, and chief software architect for Microsoft. Bill Gates has been included for four years in the Forbes list of the world’s wealthiest people. Amazon founder and CEO Jeff Bezos became the world’s richest person after having a net worth of US$90.6 billion compared to Gates’s net worth of US$89.9 billion in October 2017.

4. Bernard Jean Etienne Arnault

Bernard Jean Étienne Arnault 71 years old a French billionaire businessman is at #4 in our list of top 10 business tycoons in 2020. His company is the largest luxury-goods company in the world. He was the richest person in the fashion industry in April 2018. He is also an art collector. 

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In 1971, he takes a start by working for Ferret-Savinel. From 1978 to 1984 he became its president. In 1999, he also invested in Netflix. Moreover, in December 2019, Arnault became the richest person in the world. In 2021, his net worth is $117 billion.

5. Sergey Brin: Number 5 of Top 10 Business Tycoons in the World

47 years old American, Sergey Brin is at #5 in our list of the world’s biggest business tycoons. He did his Bachelor of Science degree in engineering from the University of Michigan. He is a computer scientist and an entrepreneur as well. At Stanford University, he met Larry Page his partner and co-founder of Google. In 1998, along with Larry Page, Sergey Brin Co-founded Google.  

In 2006, Google-owned YouTube for $1.65 billion in stock. His net worth is about $93.4 billion. Now he is in the world’s top business tycoons.

6. Mark Elliot Zuckerberg

Mark Elliot Zuckerberg is an American entrepreneur. He is 36 years old. He is the co-founder of Facebook. He studied at Harvard University. On February 4, 2004, with college roommates, Zuckerberg launched the Facebook social networking service. In 2008, Zuckerberg was one of the 100 most influential people in the world in Time magazine. His net worth is $90 billion.

Mark Elliot Zuckerberg - business tycoon

He became a self-made billionaire at the age of 23. In Forbes’ list of richest top 10 people, he is the only person under 40 years old. Initially, he started Facebook at college campuses then his site expands worldwide.

Also read: How to Earn Money From Facebook Page 2021

7. Warren Edward Buffett

An American Warren Edward Buffett is at #7 in our list of the top 10 business tycoons in the world. He is an investor, business tycoon, and the chairman as well as CEO of Berkshire Hathaway. His net worth is US$85.6 billion. He was graduated from the University of Pennsylvania in 1947.

In 1956, he started Buffett Partnership, Ltd. In 1970, Buffett has been the chairman and largest shareholder of Berkshire Hathaway. In 2009, he founded The Giving Pledge with Bill Gates. Now he is in the top 10 richest people in the world.

8. Lawrence Joseph Ellison

An American businessman, Lawrence Joseph Ellison is a co-founder of Oracle Corporation. He is 76 years old. His net worth is $75.2 billion. In 1977, he formed Oracle, a database vendor. Oracle became a successful database all around the world. He was also listed as the fourth richest person by Forbes in 2019. He owns an island in the United States.

9. Michael Rubens Bloomberg

At #9, an American businessman Michael Rubens Bloomberg. He is 79 years old. He is the co-founder of Bloomberg L.P. Bloomberg was elected as the 108th mayor of New York City. He was declared as the sixteenth-richest person in the world by Forbes.

His estimated net worth was $48 billion in 2020. At present his net worth is $53 billion. From 2002 to 2013, he also became mayor of New York City. He is one of the inspiring business tycoons in the world.

10. Carlos Slim Helu

Carlos Slim Helú was born in Mexico. He is 81 years old. He invested in a government savings bond at the age of 11. He purchases his first shares in a Mexican bank at the age of 12. At the age of 15, he purchases a share in Mexico’s largest bank. At the age of 17, he also worked for his father’s company. 

Forbes declared Slim as the second-richest person in the world. He is such a talented and inspiring entrepreneur.

Conclusion

Here is our list of Top 10 business tycoons in the world. Hope this article may be helpful and informative for you. From which one you are inspired? Just share your thoughts in the comments section below.

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