Richest People in the World: Billionaires perform an essential role in constructing the global economy and politics.
The wealthiest people, according to the list of Forbes 2022, belong to an exclusive club.
These billionaires are giant technology founders, with a significant proportion of their wealth still invested in the companies they founded.
Following are the ten wealthiest people in the world, updated in 2022.
1) Elon musk:
Elon’s full name is Elon Reeve Musk, owner of Tesla Motors & CEO, born in Pretoria, South Africa, on June 28, 1971.
He is an entrepreneur and investor who is best known as a business tycoon.
His net worth is speculated to be $26,540 crores, updated in 2022.
He is now 50 yr old. He is also the CEO of (SpaceX)Space Exploration Technologies, which deals in developing space launch rockets.
Tesla’s shares ascended 740% to push Elon Musk up the wealth rankings in 2020.
After a while, Tesla got united with the S&P 500 in December 2020 and became the most prominent company making Musk the richest person in the world in January 2021.
2) Jeff Bezos
Jeff is an entrepreneur born in New Mexico, United States, on January 12, 1964.
He is the owner of the entire Amazon.com, which he originally started in a garage located in Seattle.
Amazon.com initially started selling with the books, but the portal has now become a one-stop-shop for everything ever since it took off.
Bezos recently divorced his ex-wife MacKenzie Scott in 2019 and had to give up 4% of his shares to her as a part of alimony.
He owned 16% of Amazon in 2019 before he had to transfer that 4% to MacKenzie.
Amazon’s share price rose in 2020 to 76% on the increased demand for online shopping during the COVID-19 pandemic.
Bezos deals in other projects like aerospace company Blue Origin, The Washington Post, and the Long Now.
Bezos and Mark, his brother, completed Blue Origin’s first crewed flight successfully on July 20, 2021, and his wealth tipped at $211 billion in the very same month, making him the second wealthiest person in the world.
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3) Bernard Arnault:
Bernard is an entrepreneur who owns the world’s biggest luxury goods company LVMH, including Louis Vuitton, Marc Jacobs, Hennessey, and Sephora.
He is from the city of love and fashion, Paris, France.
He also owns Christian Dior’s 97.5% of the stake, Hermes and Moelis, etc.
His significant income comes from his hefty stake in Christian Dior SE.
Arnault first worked at his father's construction company as an engineering graduate.
Ultimately, selling all its holdings other than Christian Dior and Le Bon Marché worked out for him.
In 1987, he was invited to invest in LVMH and become the chair of the board and CEO of the company.
Two years later, HE became the world’s third-richest man.
4) Bill Gates:
While attending Harvard University, Bill Gates decided to drop out during his junior year to start Microsoft with his friend Allen.
Microsoft is the biggest software company in the world.
It also owns a personal line of computers, publishes books, equips email services, and sells video game systems.
Gates also invested in LLC, Cascade investment company.
It is a privately-run investment vehicle that deals in stocks.
All of this makes him the fourth richest in the world right now.
5) Warren Buffet:
Buffett is a buy-and-hold investor. He built his doom by acquiring the undervalued companies that were mistaken as underdogs to the masses.
Berkshire Hathaway has recently invested in large companies.
Its deals with wholly-owned subsidiaries, which include interests in insurance, energy distribution, railroads, and consumer products.
Buffett is a noted Bitcoin cynic. He is known to file his first tax return at 14.
Buffett, 91 years old, is still serving as the CEO of Berkshire, making him the fifth richest in the world.
6) Larry Page
Larry’s full name is Lawrence Edward Page, who is an accomplished computer scientist
and entrepreneur born in Michigan, US, on March 26, 1973. He currently resides in
California and is the co-founder of Alphabet(GOOGLE).
While studying at Stanford University, Page and his friend came up with the
idea of improving internet data extraction in 1995. They then became the founders of Google in 1998.
Google is proven to be the predominant internet search engine amongst many others. The
company expanded in 2005 by purchasing Android, and in 2006 when they decided to
buy out YouTube. Google reorganized by becoming a subsidiary of Alphabet in 2015. Google’s shares ascended almost 50% in 2021, getting Page and Brin, his best friend turned partner, the spot on the top billionaires’; list. Page’s net worth increased from under $52 billion to $105 billion.
7) Sergey Brin:
Sergey’s full name is Sergey Mikhailovich Brin, an American business tycoon born in
Moscow, Russia, on August 21, 1973. His current net worth is $9,290 crores.
He is the co-founder of Alphabet(GOOGLE).
Brin is as much responsible for bringing GOOGLE to the heights it is at today.
Brin and Page both decided to expand their company and reorganize by bringing subsidiaries into the holdings, and it worked out just suitable for the both of them.
This is why Brin is the seventh richest man in the world, right after Page.
8) Gautam Adani:
Gautam Shantilal Adani is an Indian industrialist who has made it to the world’s top 10 billionaires list.
He was born in Ahmedabad, India, on June 24, 1962.
He founded the Adani Group of Industries. His net worth is currently estimated to be $98.1 billion.
Adani antecedently worked in the diamond trade after he dropped out of college.
Now, Adani is the largest coal producer and coal trader in India.
He purchased a stake of 74% in Mumbai International Airport in 2020.
In 1997, the billionaire was a part of a huge controversy when he was once kidnapped and held for ransom.
9) Mukesh Ambani:
Mukesh Dhirubhai Ambani, an Indian Business Tycoon, born in Aden, Yemen, on April 19, 1957, is the world’s ninth richest man in the world right now.
His stake in the company is 42%, to be precise.
Mukesh was born abroad, but soon his father moved back to Mumbai, India, and started the business of spices.
His father started his first textile mill in 1996; Reliance Industries, which was then listed on the Mumbai Stock exchange market and gained loyal shareholders in 1977.
After Dhirubhai Ambani passed away in 2002, Mukesh Ambani resumed joint leadership with his brother Anil in the business.
Soon the family faced conflicts, so the mother took charge and divided the business between both the sons.
Mukesh Ambani’s leadership proved to be working for Reliance.
Ever since Reliance Industries has bloated into retail and telecommunications, the firm has been generating ample revenue, making Mukesh Ambani is the world’s ninth richest.
10) Steve Ballmer:
Steve Anthony Ballmer is an American Business Tycoon born in Michigan, US, on March 24, 1956.
He currently resides in Washington and has a net worth of $95.9 billion.
His 4% stake in Microsoft Company made him grab a spot on the list of 10 richest people globally.
Ballmer dropped out of college on Gates, convincing him to join MICROSOFT.
Ballmer’s idea was to purchase Skype and bring it into the Holdings company.
After resigning from the spot as Microsoft CEO, Ballmer bought the Los Angeles Clippers the basketball team in 2014.
People also ask about Richest People in the World:
Q:Who is the richest person on earth?
A: Jeff Bezos is the richest person in the world, with a net worth of $130 billion.
Q:Who is the wealthiest woman in the world?
A: Francoise Bettencourt Meyers; LOreal’s founder’s granddaughter, is the wealthiest woman with a net worth of $75 billion.
Q:How many total billionaires are in the world?
A: As Forbes reported, currently, there are 2.668 billionaires in the world, updated in 2022.