The richest

Who’s the richest man in the world? For years Forbes has stated that it is Jeff Bezos but I have never been sure. Sure, Amazon is a great company and it runs a monopoly. A great monopoly that sells virtually everything and knows you better than you know yourself. The acquisition of companies like Alexa and Twitch makes it a force to be reckoned with, but I still think its stock is too inflated. Don’t get me wrong I think Jeff Bezos is an absolute genius who specializes in internet companies and a visionary who can forecast into the future. He has smart investments in his portfolio, futuristic investments like the purchase of Twitch. He bought Twitch for $970 Million, he knows e-sports is the thing of the future. We have more examples of Bezos futuristic thinking, he was one of the founding investors of Google investing $1 million in 1998. He was one of the first people to see the potential and now Google is the pulse that runs the world. In addition to Google, he invested $15 million into Twitter in 2008 and today they are evaluated at over $22 Billion. He also invested $3 Million into Uber and now its stock is worth $300 Million – a 13233% return on investment, not bad for a day’s work. The acquisitions of organic food company Whole Foods Market and the space company Blue Origins is just brilliant. People are becoming more health conscious and are watching what they eat, the purchase of Whole Foods Market Is in line with that reality. There’s also the small fact that we want to inhabit Mars in a couple of years making us a multi-planet species. The acquisition of Blue Origins to rival SpaceX just makes sense and provides a great opportunity to make a lot of money. Regardless the question has to be asked. Are his assets liquid? Or are they just paper assets? Jeff Bezos recently had a divorce and had to part with 25% of his Amazon shares. He initially had 16% and gave his ex-wife 4% which amounts to $38 Billion. Isn’t that a bit steep? Don’t you think Amazon shares are over evaluated? Don’t you think they are inflated? Granted, I may be underestimating Amazon but I don’t think I am. I don’t doubt Bezos business acumen, I think he is the JD Rockefeller of modern times. He runs Amazon like Standard Oil, he buys the competition or he butchers them. No one even comes close, he is ruthless. He is one of the best businessmen in the world. Still, his investment portfolio is over 60% of Amazon and if indeed Amazon’s stock is inflated that would make him the richest person in the world – but only on paper. Something behind the door is being done to inflate those shares, maybe his issuing out shares like how banks just create new money. I seriously doubt that he could give away billions to charity like Warren Buffet and Bill Gates. And if he can’t is he still the world’s wealthiest man?

Half of Bill Gates portfolio is Berkshire Hathaway. Interestingly he doesn’t own a lot of Microsoft shares. In the year 2000, during the big tech crash he sold out most of his Microsoft stock to diversify his portfolio to protect his net worth. I think that’s so intelligent. Throughout the years Warren Buffet had been a rival in the list of the richest people in the world. Buying Berkshire Hathaway shares worth billions is a great way to nullify the threat and the best way to diversify your portfolio. And because Warren Buffet is considered to be the greatest money maker in the world, success is virtually guaranteed. It was a chess move for Bill Gates and it speaks volumes of the respect he has for Warren Buffet. You see by owning so much of Berkshire Hathaway, Bill Gates is an owner of everything Warren Buffet owns. Berkshire is a holding company that owns shares and stocks in a lot of great companies like Coca-Cola and Apple. Berkshire’s stock are not inflated and its assets are liquid. That’s the major difference between a Jeff Bezos and a Bill Gates or Warren Buffet. Berkshire owns companies that pay out dividends and they own these stocks/shares for the long haul. The returns from these companies in a form of profit or dividends can pay for themselves essentially making billions for Berkshire for nothing. Bill Gates owns a lot of stocks that pay dividends on his portfolio, companies like; Waste Management, Canadian National Railway, FedX, Caterpillar, Walmart and a lot others. Bill Gates loves Dividend stocks because they earn him money virtually every day and they pay for themselves, freeing up capital to use for other projects or securing more assets. This is the reason Bill Gates and Warren Buffet can give away billions to charity and still have billions. They are indispensable. The billions they make are not tied to their net worth, it is simply free capital that they can afford to give away. Since 2000, Warren Buffet has given away over $46 Billion to charity making him the world’s most charitable billionaire in the world. While Bill Gates has given away $18 Billion to charity since 2000. I seriously doubt Jeff Bezos has the capability of doing that not because of moral obligations but because it would cripple his net worth. With time, I think he will be able to do that.

The richest man in the world is Bill Gates for the diverse stock he has in his portfolio. Through Berkshire he owns some of the greatest and best companies in the world including Coca- Cola, Apple and Amazon. On his own he owns Stocks that are unmatched by competition standards and yield consistent figures. For example, pundits predict another market crash and maybe it will happen but Bill Gates won’t be affected all that much because of the choice of stocks he has chosen in his portfolio. Even when the stock market crashes, people still need to dispose of garbage – Bill has a Waste Management company. Even when the stock market crashes, people still need to eat – Bill owns Walmart. Even when the stock market crashes, people still need to travel – Bill owns a railway company. Even when the stock market crashes, people still get thirsty and Bill owns a company that packages soft drinks like Coca-Cola. The companies in Bill Gates portfolio have a big competitive advantage. Most of them pay dividends and they are relatively defensive, prone to external forces like the stock market crash. Honestly, I think his the most intelligent businessman ever. The greatest money maker in the world is Warren Buffet – for it is he who makes half of Bill Gates money. Warren Buffet is a freak of nature, someone who understands the business world in its entirety, he is immersed in it, it is first nature to him. He is a practical man who understands human nature and lives in the real world. Warren Buffet is a visionary who invests over the long haul. He dissects companies to the bone before making a decision. He is supremely intelligent, an informed man. A man who makes money for a living. My observations are that Bill Gates is the richest man in the world and that Jeff Bezos is not far out. Jeff Bezos will be the undisputed richest man in the world, his investments and portfolio predicts and suggests that. If the Amazon stock is not overvalued and inflated then he is already that and will never be toppled. On the contrary, maybe Mark Zuckerberg has a chance. Since 2005, he has dominated the internet and how people perceive reality. He is young and has made impressive acquisitions. He will be the one to challenge Jeff Bezos and I think he will win.

Speaking of overvalued and inflated, I think one has to address the elephant in the room, Tesla. During the Covid-19 pandemic it elevated Elon Musk to the helm of the richest people in the world. Elon came from out of nowhere to beat everyone in the top 10. It looks like sustainable energy is finally bearing fruit, Tesla has been doing exceptionally well and are the benchmark for electric vehicles that are a sure thing for the future. Let’s not forget that Elon recently purchased Twitter in its entirety and turned it into a private company. Never mind everything said in this post about the other billionaires; Mark is cute, Bill who and Jeff is a has been – Elon certainly looks to be the man. His wealth is still accumulating in the 200 billions and it is widely forecasted that he will be the world’s first Trillionaire!

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