Venture capital has a diversity problem . BLCK VC , a new organization founded by Storm Ventures associate Frederik Groce and NEA associate Sydney Sykes to connect, engage and advance black venture capitalists, is ready for a new era in the industry. Their mission: Turn 200 black investors into 400 black investors by 2024. “We think of ourselves as an organization formed by black VCs for blacks VCs to increase the representation of black investors,” Sykes told TechCrunch. “You can look around and say well ‘I know five black VCs,’ but you can also say this firm does not have a single black VC, they may not even have a single underrepresented minority … We want to make firms reckon with the fact that there is a racial diversity problem; there is a lack of black VCs and every firm should really care about it.” BLCK VC has been at work since the beginning of 2018, building and expanding a network of black investors in the San Francisco area, Los Angeles and New York. They seek to provide a...
Forbes Magazine recently released the list for the richest men in the world. The magazine has over the years announced itself as the top raters of the richest people in different sectors be it entertainment, business, and even politics. See the list below for the Top 10 richest men in the world for the year 2018.
The founder of Amazon clinches the number one spot as the richest man in the world with a net worth of $112 Billion. The billionaire founded Amazon in his garage in Seattle in 1994. He owns 16% of shares in Amazon which boast of more than 100 million sales monthly. He also owns the Washington Post which he purchased in 2013 for a whopping $250 million.
Microsoft co-founder Bill Gates sits pretty as the second richest man in the world with a net worth of $90 billion. He is also the chairman of Bill & Melinda Gates Foundation which is the biggest privately owned charitable organization in the world. He owns just about 1% shares in Microsoft as he has given away all to charity.
The third richest man on the Forbes list for 2018 is Warren Buffet with a net worth of $84 Billion. He is known as one of the most successful investors of all time, he is the owner of Berkshire Hathaway a mega company which houses more than 60 other companies. He bought his first stock at the tender age of 11. Just like his friend Bill Gates, Buffet is also committed to giving to charity and has given nearly $32 Billion dollars to charity.
Bernard Arnault manages over 70 brands including Sephora and Louis Vuitton. He recently was part of a mega-deal that bought almost all of the shares in Christian Dior which increased his fortune by $30.5 billion dollars in just one year. Forbes places him as the fourth richest man in the world with a net worth of $72 Billion.
The CEO of social media platform Facebook is the fifth richest man in the world with a net worth of $71 Billion dollars. On dropping out from Harvard, Zuckerberg founded Facebook in 2004 at the age of 19.
A pioneer in the fashion industry Amancio Ortega cofounded Inditex, which owns the Zara Fashion Chain with his ex-wife Rosaline Mera in 1975. He also owns more than 7,500 retail stores around the world and also prime real estates in major cities like Madrid, Barcelona, New York, Chicago, London, and Miami. He is estimated to be worth $70 Billion.
He is the richest man in Mexico and his family owns the biggest telecom firm in Latin America known as America Movil. He is the seventh richest man in the world with a net worth of $67.1 Billion.
Chairman and CEO of Koch Industries Charles Koch is the eighth richest man in the world with a net worth of $60 Billion. His father started the business in the 1940s which focuses on refining heavy oil into gasoline and other by-products.
He is the Brother of Charles Koch the eighth richest man in the world. He shares Majority of stocks in Koch Industries with his brother and is the ninth richest man in the world with a net worth of $60 Billion.
Co-founder of Oracle Larry Ellison is the tenth richest man in the world with a net worth of $58.5 Billion. Although he gave up the role as CEO of Oracle in 2014, he is the Chairman of the board and chief technology officer.
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Jeff Bezos
The founder of Amazon clinches the number one spot as the richest man in the world with a net worth of $112 Billion. The billionaire founded Amazon in his garage in Seattle in 1994. He owns 16% of shares in Amazon which boast of more than 100 million sales monthly. He also owns the Washington Post which he purchased in 2013 for a whopping $250 million.
Bills Gates
Microsoft co-founder Bill Gates sits pretty as the second richest man in the world with a net worth of $90 billion. He is also the chairman of Bill & Melinda Gates Foundation which is the biggest privately owned charitable organization in the world. He owns just about 1% shares in Microsoft as he has given away all to charity.
Warren Buffet
The third richest man on the Forbes list for 2018 is Warren Buffet with a net worth of $84 Billion. He is known as one of the most successful investors of all time, he is the owner of Berkshire Hathaway a mega company which houses more than 60 other companies. He bought his first stock at the tender age of 11. Just like his friend Bill Gates, Buffet is also committed to giving to charity and has given nearly $32 Billion dollars to charity.
Bernard Arnault and Family
Bernard Arnault manages over 70 brands including Sephora and Louis Vuitton. He recently was part of a mega-deal that bought almost all of the shares in Christian Dior which increased his fortune by $30.5 billion dollars in just one year. Forbes places him as the fourth richest man in the world with a net worth of $72 Billion.
Mark Zuckerberg
The CEO of social media platform Facebook is the fifth richest man in the world with a net worth of $71 Billion dollars. On dropping out from Harvard, Zuckerberg founded Facebook in 2004 at the age of 19.
Amancio Ortega
A pioneer in the fashion industry Amancio Ortega cofounded Inditex, which owns the Zara Fashion Chain with his ex-wife Rosaline Mera in 1975. He also owns more than 7,500 retail stores around the world and also prime real estates in major cities like Madrid, Barcelona, New York, Chicago, London, and Miami. He is estimated to be worth $70 Billion.
Carlos Slim Helu and Family
He is the richest man in Mexico and his family owns the biggest telecom firm in Latin America known as America Movil. He is the seventh richest man in the world with a net worth of $67.1 Billion.
Charles Koch
Chairman and CEO of Koch Industries Charles Koch is the eighth richest man in the world with a net worth of $60 Billion. His father started the business in the 1940s which focuses on refining heavy oil into gasoline and other by-products.
David Koch
He is the Brother of Charles Koch the eighth richest man in the world. He shares Majority of stocks in Koch Industries with his brother and is the ninth richest man in the world with a net worth of $60 Billion.
Larry Ellison
Co-founder of Oracle Larry Ellison is the tenth richest man in the world with a net worth of $58.5 Billion. Although he gave up the role as CEO of Oracle in 2014, he is the Chairman of the board and chief technology officer.
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