Do you know that Jeff Bezos, the CEO Amazon is the highest-paid CEO of 2020?
In today's modern world, business entrepreneurs and CEOs have become heroes. People love to follow them for their intelligence, knowledge, wisdom and their huge earning. Their stories inspire people to learn, work hard and earn to be on top.
Well, in this post, we will discuss about the highest-paid CEOs. You might be surprised to find that major names who are CEOs of some of the biggest companies in the world, like Larry Page is not in this list.
Here is the list of the highest-paid CEOs in 2020, ranked according to their net worth.
Listed as the highest-paid CEO in the World in 2020, Jeff Bezos is the CEO and founder of Amazon, the largest e-commerce platform on the global level. Initially, Jeff Bezos started Amazon as a used online bookstore in his garage.
This was such a small idea nobody thought that one day, this person will become one of the richest and most powerful businesses on the planet. Present-day, Amazon offers all kinds of products and services. It is dealing with retail to cloud computing to motion picture production.
Bernard Arnault is the second name in the list and second-highest-paid CEO in 2020. He is leading more than 70 luxury brands including Louis Vuitton, Sephora and Dior. Under Bernard's excellent guidance, the luxury group has become the largest maker of luxury items in the world.
In his academic, Arnault did his education in engineering at the distinguished École Polytechnique. After the study, he went on to work in his father's construction company and then become the CEO of Financière Agache. It was a luxury goods holding company.
Soon, he launched his company named LVHM. Since then, the company has acquired many renowned brands and built a distinct empire. This is Arnault's interest in the arts that has helped in establishing his company as a major patron of the arts in France. Also, he has made great contributions to several grants and funding to support aspiring artists.
Warren Buffett is positioned as the chairman and CEO of Berkshire Hathaway. And, he is the third highest-paid CEO in 2020 with $89,400 million net worth. Berkshire Hathaway is a multinational conglomerate holding company. It has acquired many companies over the year. Besides, Buffett's company has substantial minority stock holdings in some of the most popular brands like Coca-Cola, American Express and IBM.
Warner Buffett's nickname is the 'Oracle of Omaha'. This shows his prosperous career, as Warner is considered one of the greatest investors of all time. Apart from being reputed and famous entrepreneur and a notorious philanthropist, Buffett is also well-known for being the co-founder of the Giving Pledge. This is a campaign which works for encouraging billionaires across the world to donate most of their wealth to philanthropic causes.
Mark Zuckerberg, the chairman and CEO of the most popular social media platform Facebook comes on 4th position among the highest-paid CEOs in 2020. Mark Zuckerberg is known as a self-billionaire. He started his flourishing career in his dorm room at University when he was just 19 years old.
With his intelligence and hard work, Mark created an amazing platform that is today known as the biggest social media platform, Facebook. Present-day, Facebook has over 2 billion users and it is rapidly growing with every passing day. Facebook is truly a fast-evolving brand that is making a real impact across the world. Apart from his initiatives, Mark Zuckerberg also bought Instagram, which boasts over 1 billion active users, and also WhatsApp, which has monthly 1.5 billion monthly users.
The Chairman and CEO of Arvest Bank Group, Jim Walton is on the fifth position with $ 52,800 million net worth. He is the youngest son of Sam Walton, Walmart founder. Arvest Bank boasts assets of over $20 billion.
Jim Walton is leading the board of Walmart as chairman for more than a decade. In the year 2016, Jim Walton donated a total of $250 million for building charter school facilities, in honour of their parents' commitment to providing high-quality education. It shows that apart from being one of the highest-paid CEOs of the world, Jim Walton is also a very kind-hearted person.
Hope you find this post helpful and interesting. Don't forget to share your point of view in the comment section below.