She possesses a slim body figure and appealing physical appearances. Please enter your username or email address to reset your password. Safra Catz, the media-averse and once reluctant co-CEO of software behemoth Oracle, debuts on Forbes ' definitive ranking of the wealthiest people on earth with a net worth of $1 billion. It would be unladylike.. sinastria di coppia karmica calcolo; quincy homeless shelter; plastic bags for cleaning oven racks; claudia procula death; farm jobs in vermont with housing Catz is an accounting lecturer at Stanford Universitys Graduate School of Business. Safra Catz, the media-averse and once reluctant co-CEO of software behemoth Oracle, debuts on Forbes definitive ranking of the wealthiest people on earth with a net worth of $1 billion. Catz is also the companys CFO, serving temporarily in that role from November 2005 to September 2008, and from April 2011 to the present. Don't be afraid to look stupid, but never let your integrity be compromised. 1997 Safra Gal . [29][30][26] During the 2018 election cycle, Catz donated over $150,000 to Republican-aligned groups and individuals,[31] including Congressman Devin Nunes. Catz and her husband Gal Tirosh gave $250,000 to President Trump's fundraising committee in June 2020. She was born on December 1, 1961 and her birthplace is Holon, Israel. More companies are giving Oracle Cloud Infrastructure a chance, and thats all Oracle needs to prove that its cloud can deliver results. Oracle Corporation immediately got in touch with its customers and required them to change their passwords for all of their accounts. Chi Omega member Safra Catz is one of only 61 self-made female billionaires in the world, and she is continuously solidifying her position as a pinnacle of influence in business. She is seen as one of the most successful -American business executive of all times. Gal . Safra A. Catz has a net worth of $5.00 million (Estimated) which she earned from her occupation as -American business executive. Despite her status as a well-known corporate leader, Catz prefers to stay out of the spotlight, rarely taking part in interviews and spends a large portion of her free time with her husband Gal Tirosh and two children Gary and Scott. As of April 2017, Catz was the highest-paid female CEO of any U.S. corporation, receiving $40.9 million, after a decrease of 23% from 2016. She has been a member of the executive council of TechNet since March 2013. In September 2014, Oracle announced that Ellison would step down as CEO and that Mark Hurd and Catz had been named as joint CEOs. Instagram: biographyscoop. Her mother was also a survivor of the holocaust, a genocide that took place in Europe between 1941 and 1945 and targeted European Jews. When it comes to one of the most successful women leaders, Oracle CEO Safra Catz ranks among the top. She is credited for having driven Oracles 2005 efforts to acquire software rival PeopleSoft in a $10.3 billion takeover. Though it is well known that she prefers to work behind the scenes, Catz has found herself in headlines in recent years due to her rising political prominence. Safra Catz and Mark Hurd Appointed CEO", "Heir apparent at Oracle is credited with growth strategy", "Jewish women who rule! Catz moved with her parents to the United States at the age of six and settled in Brookline, Massachusetts where she spent all of her childhood. It will go under the hammer at Sotheby's in May carrying the largest presale estimate of any book or manuscript in the world. The first is, perhaps, an unsurprising one: The press is not your friend, Catz said. She then went to the University of Pennsylvania Law School and graduated with a Juris Doctorate in 1986. [32] Catz donated $125,000 to Donald Trump's re-election campaign in May 2020. She is noted for spearheading Oracle . According to the news published by the Business . . She moved from Israel to Brookline, Massachusetts at the age of six. She has been an executive at Oracle since April 1999, and a board member since 2001. She is born to Jewish parents with her father originally hailing from Romania. Known to carry a strong and determined persona, Catz has managed to maintain Oracles status as a global player despite seeing stiff competition from other companies such as Microsoft, Intel, and Amazon. There is no online registration for the intro class Terms of usage & Conditions Our adept team of writers performs accurate research on the career trajectories of world-renowned C-Suite Executives and distil it into the exemplary advice and best practices for everyone. She is the CEO of Oracle Corporation. Rocket Developer to Join Other Space Companies says Sources, Meta Extends Maximum Length of Facebook Reels to 90 Seconds. In speaking with friends impacted by recent tech layoffs, I was reminded of the Winston Churchill quote "Success is the ability to go from one failure to another with no loss of enthusiasm . In December 2017, Catz was elected to The Walt Disney Companys board of directors, and she began serving in that capacity in February 2018. In 2016, Oracle Corporation was hit with a data breach orchestrated by the Russian cybercrime group called the Carbanak Gang. Ariel Kelman, the former CMO of Oracle. Since their marriage he and his wife have been happily married. safra catz early life INTRO OFFER!!! It took less than two years for her to make a place on the Oracle board and then soon she also got the position of co-president in 2004. In December 2019, Oracle stated that Catz would be the sole CEO after Hurds death. Popularly known as the -American business executive of United States. In April 2011 she was named co-president and chief financial officer, reporting to founder/CEO Larry Ellison. Catz attracted notice for her stock trading in March of 2021 when she acquired 2.25 million shares through the conversion of derivatives before selling them on the open market for approximately double the price. Her husband is Gal Tirosh, who is a kind of stay-at-home dad. Experienced professional with a demonstrated history of working in database technologies. In April 2011, she was named co-president and chief financial officer (CFO), reporting to founder Larry Ellison. From left: Tim Cook, CEO of Apple, Safra Catz, co-CEO of Oracle, and Elon Musk, CEO and cofounder of [+] Tesla Motors, listen during a meeting at Trump Tower in New York in December 2016. [2] In September 2019, Catz became the sole CEO after Hurd resigned due to health issues.[3]. As of 2023, Safra Catz net worth is valued at $1.8 billion. 2023 Wiki Biography & Celebrity Profiles as wikipedia, Alain Muana Kizamba Wiki, Biography, Age, Net Worth, Family, Instagram, Twitter, Social Profiles & More Facts, Mohammad Tomaliah Wiki, Biography, Age, Wife, Family, Net Worth, David Stanton (Politician) Wiki, Biography, Age, Wife, Family, Net Worth. [23], In March 2021 Catz garnered attention for her stock trading, for acquiring 2.25 million shares through the conversion of derivatives, before selling them on the open market at roughly double the price. Safra is an ideal celebrity influencer. "The truth is that technology is only valuable if it helps you run your organization better.". Catz is a Brookline High School graduate. SafraGal1997 . According to Fortune, Catz was the highest-paid woman among Fortune 1000 companies in 2011, receiving $51,695,742 in remuneration. The couple has two sons; Gary Tirosh and Scott Tirosh. Safra A. Catz might invent some very ingenious contrivance or evolve a new method. Accordingly, Safra Catz immigrant, former CFO, and for many years the low-profile but high-impact operational powerhouse behind Larry Ellison's throne is the Cloud Wars CEO of the Year for 2022. [16] In 2014, she was ranked 24th. She has a net worth of $1.7 billion stemming from an annual income of $40.7 million per year, one of the highest of any female CEO. She previously served as president of Oracle and has also served as the company's chief financial officer. Infobae. Accounting Today. Children: Rachel Barra, Nicholas Barra. Catz became a member of the company's board of directors in October 2001 and president in early 2004. [+] Photographer: David Paul Morris/Bloomberg. https://lnkd.in/e4tD3jDB . Oracle continues to make significant investments in its on-premises offerings as a matter of principle, and good business practice. Catz and Mark Hurd were named co-presidents of the firm when Ellison stepped down in 2014 to take on the role of executive chair and chief technology officer. She is also ranked in the richest person list from Israel. [1][14] She is credited for having driven Oracle's 2005 efforts to acquire software rival PeopleSoft in a $10.3 billion takeover. [22], Catz was elected to the board of directors of The Walt Disney Company in December 2017, effective February 2018. Catz also belongs in the worlds highest-paid female CEOs list, averaging a net pay of $40 million per year. She attended Brookline High School and later pursued a bachelors degree from the Wharton School of the University of Pennsylvania. In 2010, Mark Hurd joined her as a co-president. She was ranked 24th in 2014. Safra was born in Holon, Israel, on December 1, 1961. Prior to being named president, Catz held various other positions since starting . In April 2011, she was named co-president and chief financial officer (CFO), reporting to founder Larry Ellison. [21] According to Bloomberg, she was considered for the post of U.S. Trade Representative or Director of National Intelligence. Apart from that, she hasnt given insight into her married life. Quick Facts About Safra Catz. [21], Catz is the highest paid female CEO of any U.S. company as of April 2017, earning $40.9 million after a 23% drop in her total compensation relative to 2016. Since 2007, the English Wikipedia page of Safra Catz has received more . She made it clear that in her eyes, the companies that will continue to succeed are the ones that can harness user data to create machines that can detect and solve problems before issues arise. queensland figure skating. About Mary Barra. Her evident work has landed her a comfortable and elegant lifestyle. Credit Suisse still uses the DLJ brand for its private equity operations today. All rights reserved. Catz also became a board director at The Walt Disney Company in 2018, according toThe Los Angeles Times. She has a pure loving kind heart personality. A few months prior to her appointment, Catz gave a keynote speech in Paris in April at Station F, the worlds largest startup facility. Forbes recognized her as the 16th most powerful entrepreneur in 2009. [1] In September 2014, Oracle announced that Ellison would step down as CEO and that Mark Hurd and Catz had been named as joint CEOs. Also, in 2018, she earned $40.7 million in compensation as per the news published by Forbes. Catz was one of several high-profile CEOs invited to meet with Donald Trump after his election, including Tim Cook, Sheryl Sandberg, and Jeff Bezos, to discuss the possibility of joining the next administration. [17] According to an Equilar analysis published by Fortune, she was in 2011 the highest-paid woman among Fortune 1000 companies, receiving an estimated US$51,695,742 in total remuneration. She attended Brookline High School and later pursued a bachelor's degree from the Wharton School of the University of Pennsylvania. Approx. She is credited for having driven Oracle's 2005 . An Oracle executive resigned in protest. Catz is also one of the worlds highest-paid female CEOs, with an annual net salary of $40 million. Catzs work ethic would serve her well throughout her career. In 2017, Catz was named the highest-paid female CEO of any U.S. company, earning $40.9 million. In 2009 she was ranked by Forbes as the 16th most powerful businesswoman. En entrevista exclusiva con Forbes Mxico, la CEO de Oracle dice: "existen enormes oportunidades en este momento para las empresas dispuestas a tomar decisiones audaces". She is the CEO of Oracle Corporation. Safra Catz (born December 1, 1961) is an Israeli-born American business executive. Catz graduated from Brookline High School. Catz was born in Holon, Israel, to Jewish parents. Safra Catz is a millionaire banker and technology executive from the United States. Her father was an immigrant from Romania. When she was six years old, she moved from Israel to Brookline, Massachusetts. Catz was a banker at Donaldson, Lufkin & Jenrette, serving as a managing director from February 1997 to March 1999 and a senior vice president from January 1994 to February 1997 and previously held various investment banking positions since 1986. Safra Catz is an Israeli-born American billionaire banker and technology executive. Holding one of the companys top positions, she would soon become a regular fixture in Forbes and Fortunes most powerful women list. Her Jewish father was an immigrant from Romania. [7] She moved from Israel to Brookline, Massachusetts at the age of six. new homes for sale in gonzales, la; jfk airport covid testing requirements; norman, ok mayor political party; switzerland cemetery records; The color of her hair is black, and she has brown eyes. Her Jewish father was an immigrant from Romania. She also served as the company's Chief Financial Officer from November 2005 to September 2008. Workdays $10B plan to outsell Oracle. During the 2016 Republican presidential primaries, Catz donated to the campaign of Marco Rubio. Catz became a member of the companys board of directors in October 2001 and president in early 2004. Apart from that, she hasnt shed light on her family background. She then served on President Donald Trump's transition team after he won the presidency. [5][6] Her father was an immigrant from Romania. Is New Oracle Co-CEO Safra Catz Operationally Focused Or Mostly Focused On Transactions? The ethnic background of Safra is Israeli. She earned a bachelors degree from the Wharton School of the University of Pennsylvania in 1983 and a J.D. Oracle CEO Safra Catz says the hardest part of digitally transforming a company is not the technologyits the sociology. The Codex Sassoon is the most complete medieval version of the Bible in Hebrew. Your email address will not be published. You can scroll down for information about her Social media profiles. Sources say his departure . [1] Catz became a member of the company's board of directors in October 2001 and president in early 2004. : Jewishbusinessnews , Safra Gal , , Gary Tirosh . The fact is you can recover from being stupid, but you can never recover from being a liar. When she was named the CEO of Oracle Corporation, Catz was met with numerous challenges. In 1999, Catz joined Oracle Corporation as senior vice president. (according to Forbes)", Jewish Voice New York: "The World's Most Powerful Jewish Women" By Jen Levey, "Oracle CFO Safra Catz announces expansion outside Bucharest, reveals Romanian origins", "ORCL Safra Ada Catz Insider Trades for Oracle Corp", https://www.accountingtoday.com/articles/workdays-10b-plan-to-outsell-oracle-in-hr-software, https://www.infobae.com/tecno/2016/10/16/quienes-son-las-madres-tecnologicas-mas-poderosas-del-mundo/, "Safra Catz to Remain Sole Oracle CEO After Mark Hurd's Death", "HSBC board shake-up brings former Diageo boss Paul Walsh aboard", "Trump Team Talked to Oracle's Safra Catz About an Administration Post", "Oracle's Safra Catz is Highest Paid Female CEO", "Disney adds two board members from tech world", "Here's how much Oracle CEO Safra Catz earned from shares this month", "US SEC STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP", "Trump Is Considering This High-Tech Exec for Cabinet Post", "Oracle CEO Safra Catz joins Trump Transition Team", "Oracle executive publicly resigns after CEO joins Trump's transition team", "Romney May Be in, Gingrich Out of Trump Cabinet", "Report: Oracle co-CEO Safra Catz could replace McMaster as Trump's National Security Adviser", "How America's top CEOs are spending their own money on the midterm elections", "The Silicon Valley Giant Bankrolling Devin Nunes", The Hongkong and Shanghai Banking Corporation, American chief executives of Fortune 500 companies, American people of Romanian-Jewish descent, Israeli people of Romanian-Jewish descent, Stanford University Graduate School of Business faculty, University of Pennsylvania Law School alumni, Wharton School of the University of Pennsylvania alumni. She has been an executive at Oracle since April 1999, and a board member since 2001. . Safra Catz is the Co-President, Chief Financial Officer and Director of Oracle Corporation. Safra became a member of the Oracle Corporation's board of directors in 2001. [1] Catz became a member of the company's board of directors in October 2001 and president in early 2004. . Catz joined Oracle Corporation in April 1999. In the years that followed, she not only rose through the ranks at Oracle, but she also formed a strong bond with Larry Ellison, the companys creator and former CEO (Larry Ellison). 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Biography. According to an Equilar analysis released by Fortune in 2011, she was the highest-paid woman among Fortune 1000 businesses in 2011, earning an estimated total salary of US$51,695,742. Born on Dec. 1, 1961, Catz was named an executive at Oracle Corporation in 1999, and she became a board member in 2001. [33], Catz is married to Gal Tirosh and they have two sons.[4]. Oracle President Safra Catz Suffers SAP Hallucinations, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. She previously served as president of Oracle and has also served as the company's chief financial officer. Safra was born in Holon, Israel, on December 1, 1961. He married his wife in 1977. According to an Equilar analysis released by Fortune in 2011, she was the highest-paid woman among Fortune 1000 businesses in 2011, earning an estimated total salary of US$51,695,742. Walgreens CEO Roz Brewer was the highest paid female chief executive in 2021, according to a new Equilar study. [8] She earned a bachelor's degree from the Wharton School of the University of Pennsylvania in 1983 and a J.D. (according to Forbes)", Jewish Voice New York: "The World's Most Powerful Jewish Women" By Jen Levey, "Oracle CFO Safra Catz announces expansion outside Bucharest, reveals Romanian origins", "ORCL Safra Ada Catz Insider Trades for Oracle Corp", https://www.accountingtoday.com/articles/workdays-10b-plan-to-outsell-oracle-in-hr-software, https://www.infobae.com/tecno/2016/10/16/quienes-son-las-madres-tecnologicas-mas-poderosas-del-mundo/, "Safra Catz to Remain Sole Oracle CEO After Mark Hurd's Death", "HSBC board shake-up brings former Diageo boss Paul Walsh aboard", "Trump Team Talked to Oracle's Safra Catz About an Administration Post", "Oracle's Safra Catz is Highest Paid Female CEO", "Disney adds two board members from tech world", "Here's how much Oracle CEO Safra Catz earned from shares this month", "US SEC STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP", "Trump Is Considering This High-Tech Exec for Cabinet Post", "Oracle CEO Safra Catz joins Trump Transition Team", "Oracle executive publicly resigns after CEO joins Trump's transition team", "Romney May Be in, Gingrich Out of Trump Cabinet", "Report: Oracle co-CEO Safra Catz could replace McMaster as Trump's National Security Adviser", "How America's top CEOs are spending their own money on the midterm elections", "The Silicon Valley Giant Bankrolling Devin Nunes", https://en.wikipedia.org/w/index.php?title=Safra_Catz&oldid=1118850350, This page was last edited on 29 October 2022, at 08:09. Just in 2017, Oracle paid her $135 . In 2014,Mark Hurd and Safra Catzwere announced as the CEOs of Oracle Corporation, but in 2019 Hurd took a leave of absence, making Catz the sole CEO of the company. [11] She has been a member of the executive council of TechNet since March 2013. In 2020, she donated $125,000 to President Donald Trump's re-election campaign. Catz was named the companys chief financial officer in 2005 where she would hold the position up to today (she relinquished the role from 2008 to 2011). Safra Catz on Donald Trumpin hallinnon johtaja LHDE: Livemint. Catz was born in Holon, Israel, to Jewish parents. SHOP EXCLUSIVE MERCH: https://www.punkturedmedia.com.au/store/collections/rates.html Lyrics: Hey king, what you doing with your head in the clouds? In 2004, she was a director of PeopleSoft Inc., and in 2006 she was a director of Stellent Inc. In Closing. Some of its most popular products include Oracle ERP, CRM, PLM, and Fusion Middleware which are mostly used by companies operating large-scale operations. Safra was Senior Vice President at Donaldson, Lufkin & Jenrette, and Managing . She is the CEO of Oracle Corporation. She was seen as the main person in the acquisition of tech company People Soft in 2005 for $10.3 billion. Safra A. Catz is an Israeli-American billionaire banker and technology executive and was ranked by Forbes magazine as the 12th most powerful businesswoman in 2009. In June 2003, Oracle began its 18-month pursuit of its then-competitor PeopleSoft, despite objections from PeopleSofts board and the U.S. Department of Justice (for antitrust issues). Safra Catz was born on December 1, 1961 in Redwood City, California, United States (61 years old). Since April 1999, she has been an executive at Oracle and a board member. On average, they expect the company's share price to reach $92.54 in the next twelve months. Photographer: Albin Lohr-Jones/Pool via Bloomberg. She is 60 years old as of 1 December 2021. Safra has balanced her profession and personal life efficiently. Her father is originally from Romania, and she was born to Jewish parents. Her father was an immigrant from Romania. Catz keeps her personal life under guard and rarely speaks to the press (she did not respond to requests for comment for this story). Over the past few years, the Oracle CEO has engineered an impressive turnaround at the enterprise software giant, which has bet the future of the . Rihanna, Celine Dion, Safra Catz: Here Are The Most Successful Immigrant Women In The U.S. A Rare Find In Silicon Valley: A New Woman Billionaire In Tech, Oracle CEO Safra Catz: SMBs 'Propel The Future', Oracle's Safra Catz: How Finance Can Lead Cloud Transformation, Oracle CEO Safra Catz: Oracle Makes New Investments In India, Oracle CEO Safra Catz: We're All On The Same Journey, Oracle CEO Safra Catz Headlines Diversity And Leadership Summit, Oracle's Safra Catz: How To Thrive During Disruptive Times. She graduated from Brookline High School and later obtained her bachelors degree from the Wharton School of the University of Pennsylvania. Born on 1 st December, 1961, Safra was brought up into a Jewish family in Holon, Israel. Scroll Down and find everything about her. Born to Jewish parents, Safras father was an immigrant from Romania. Brazil-born Safra married into one of the richest banking families in the world. Although she maintains an autocratic leadership style, requiring employees to strictly follow company policies and procedures, she also preaches a culture of humility and accountability. SafraAda Catz was born in Holon, Israel on December 1, 1961. She is 58-years-old as of now. Safra Catz is a millionaire banker and technology executive from the United States. Despite being a renowned business executive, Catz likes to shy away from the limelight, rarely participating in interviews and mostly spends her free time with her husband Gal Tirosh and two children Gary and Scott. Early life. Is Safra Catz (co-CEO of Oracle) operationally focused, or mostly focused on transactions? Home; Uncategorized; safra catz early life In 1999, Catz joined Oracle as senior vice president. She was already following an intensive acquisition strategy as the companys senior finance officer, a strategy that she would continue until she was nominated as co-president and ultimately CEO. Whatever it is, the world will be taken a step forward on Safra A. Catz's account.There is no doubt that Safra A. Catz set great score on honesty, using the term in its widest sense. Her real name is Safra Ada Catz. She then enrolled at the University of Pennsylvania Law School where she obtained her Juris Doctorate in 1986. This question was originally answered on Quora. Spouse: Anthony Barra. Safra A. Catz (Hebrew: , born December 1, 1961) is an American billionaire banker and technology executive. In April 2011, she was named co-president and chief financial officer (CFO), reporting to founder Larry Ellison. In 2009 she was ranked by Fortune as the 12th most powerful woman in business. Catz commenced her career as a banker for Wall Street investment bank Donaldson, Lufkin, & Jenrette (DLJ). Safra A. Catz was born on the 1st December 1961, in Holon, Israel, and is an American businesswoman, who is probably best recognized for being the CEO of Oracle Corporation, a multinational computer technology company. invitation to love poem analysis; how to take care of your soul sermon; list of largest unsupported domes in the world. Oracle Corporation's CEO is named after her. in the early 1990s, Catz went to work on Wall Street as an investment banker - a decision that would change her life. She later served on President Trumps transition team, and media outlets frequently mentioned her as a potential official in the Trump administration. Safra Catz Biography. [23], In March 2021 Catz garnered attention for her stock trading, for acquiring 2.25 million shares through the conversion of derivatives, before selling them on the open market at roughly double the price. United Launch Alliance Sale? Aside from PeopleSoft, Catz was responsible for the acquisitions of Hyperion Corporation for $3.3 billion in 2007, BEA Systems for $8.5 billion in 2008, Sun Microsystems for $7.4 billion in 2010, Acme Packet for $2.1 billion in 2013, MICROS Systems for $5.3 billion in 2014, and NetSuite for $9.3 billion in 2016. When she was six years old, she moved from Israel to Brookline, Massachusetts. She has been a non-executive director of Oracle subsidiary Hyperion Solutions since April 2007. 2023 Tech Times LLC. The ethnic background of Safra is Israeli. Lizzy Caplan Bio, Age, Husband, Net Worth, Inside Job, Castle Rock, Movies, Tisha Campbell Bio, Age, Husband, Children, Uncoupled, Net, Movies, Cassi Davis Bio, Age, Family, Boyfriend, Net Worth, Movies, TV Shows. In 2007, Oracle Corporation filed a lawsuit against SAP after the company noticed thousands of downloads of Oracle software. [5][6] Her father was an immigrant from Romania. Oracle Corporation (NYSE: ORCL) and Cerner Corporation today jointly announced an agreement for Oracle to acquire Cerner through an all-cash tender offer for $95.00 per share, or approximately $28.3 billion in equity value. Required fields are marked *. Infobae. Aug 8, 2022, 11:53 AM. She earned a bachelor's degree from the Wharton School of . Her father is originally from Romania, and she was born to Jewish parents. I cant really speak about [it] in open session, she said to the graduating class of M.B.A. students. During the Republican presidential primaries in 2016, Catz donated to the campaign of Sen. Marco Rubio from Florida. You may opt-out by, Photographer: David Paul Morris/Bloomberg, Tesla Motors, listen during a meeting at Trump Tower in New York in December 2016. You can recover from being stupid, but you can never recover from being a liar, Catz said. Read more on Wikipedia. Safra A. Catz (born 1961 in Holon, Israel), an Israeli - American manager, has been a President of Oracle Corporation since January 2004 and a member of the company's Board of Directors since October 2001. Biography of Safra Catz Last update: December 5, 2022. Catz joined Oracle as a senior vice president in 1999 after working as a banker for more than a decade. Safra Ada Catz is a millionaire banker and technology executive from the United States. . Mandi is an experienced writer on various topics with a passion for telling stories with words. She is one of only 61 self-made female billionaires in the world, who make up less than 3% of the billionaires on the list.