Who is the richest man in the world? Well, stick to the page to see the billionaire list with details of their net worth and the source of wealth. So, get motivation and surpass them. What an idea!
1. Elon Musk ($181 billion)
According to the Bloomberg billionaires index, Elon Musk stands at the top of the list of wealthy people around the globe, with a net worth of $181 billion. Before moving to America, he belonged to South Africa and graduated from the University of Pennsylvania.
His startup software Zip2 was purchased in 1999 for $ 307 million, and then he became a co-founder of PayPal and sold it to eBay for $2.5 billion in 2002.
Later on, Elon established SpaceX in 2002 and also runs electric vehicle maker Tesla as a shareholder.
However, the deal was finalized with the Tesla CEO taking to Twitter to tell his 110 million followers, “the bird is freed” on October 28.
Hence, after being involved in ownership, he has made several changes, firing staff members and causing chaos after allowing accounts to buy the blue tick verification.
Musk has been married two times and purportedly has eight children. His last public relationship was with singer Grimes, with whom he has two children, a son named X Æ A-12 and a daughter called Exa Dark Sideræl. He also had twins with his work associate Shivon Zilis.
2. Bernard Arnault & Family ($159 billion)
With a net worth of $159 billion, the Bernard Arnault and family is the third wealthiest family in the world. The 73-year-old French billionaire oversees 70 of the world’s most famous fashion and beauty brands, including Louis Voulton, Tiffany & Co, and Sephora.
Arnault belongs to a wealthy background, with his family owning a triumphant construction business. Later on, he transformed into the industry in 1985 after using $15 million from his father’s business to buy Christian Dior.
Arnault is tied to concert pianist Helene Mercier and is currently settled in Paris, France. The duo has three children – Frédéric, Alexandre, and Jean- and the other two children from the first wife with names Delphine and Antoine. All of these children work in the family business.
3. Gautam Adani ($138.1 billion)
Gautam Adani, the founder of Adani Group, exceeded Mukesh Ambani in March 2022 as the richest person in Asia. According to Bloomberg, he is India’s wealthiest person and the third-richest man in the world.
Adani is the chairman and founder of the Adani Group, one of India’s largest industrial multinationals. He holds major stakes in six key Indian companies, including a 75% stake in Adani Enterprises, Adani Power, and Adani Transmissions, as well as a 65% stake in Adani Ports & Special Economic Zone, 61% stake in Adani Green Energy, and 37% stake in Adani Total Gas.
His net worth has nearly doubled since this time last year, as his company has made a series of acquisitions to expand into industries such as coal and transportation.
Hence, the combined market capitalization of companies possessed by the Adani Group is $246.8 billion. Adani stepped into the power generation market in 2009 with Adani Power.
In 1988, Adani founded Adani Enterprises to import and export possessions. In 1994, his company was granted sanction to build up a harbor facility at Mundra Port, which is now the largest private port in India.
Gautam Adani left college and formerly worked in the diamond trade. Adani currently has the largest port operator, closely-held thermal coal producer, and coal trader in India.
In 2020, he purchased a 74% stake in Mumbai’s Chhatrapati Shivaji International Airport, India’s second-busiest airport.
4. Jeff Bezos ($114.5 billion)
In the list of richest people, Jeff Bezos stands with $114.5 billion as the second richest person in the world. Bezos belongs to New Mexico and prominently started Amazon from a garage in his home.
The company started by selling books, but by the early 2000s, it had extended, offering things from electronics to furniture and toiletries.
Bezos owns many apartments in New York City, homes in Washington, California and Washington DC, and a ranch in Texas, the private base for his company Blue Origin, which ferried tourists into space in 2021.
His company Amazon has been called into question by reason of its tax evasion, with the organization Ethical Consumer calling for an Amazon boycott.
There has also been anxiety about the treatment of staff. In April 2022, warehouse employees in Staten Island, New York, lucratively voted in favor of unionizing.
Union leader Chris Smalls said: “We want to thank Jeff Bezos for going to space because while he was up there, we were signing people up.”
Bezos divorced his wife MacKenzie in 2019 after 25 years of marriage, announcing his new relationship with Lauren Sanchez in the following year.
5. Bill Gates ($107 billion)
According to the Bloomberg billionaires index, Bill Gates ranks as the fourth richest man in the world, with an estimated net worth of $ 107 billion. Gates made his wealth through the software company Microsoft, which he co-founded with Paul Allen in 1975.
He married Melinda Gates for 27 years until their divorce in 2021. The pair formed the Bill and Melinda Gates Foundation, which they still co-chair.
The foundation supports global health initiatives worldwide, including improving global cleanliness and working to eliminate diseases like Malaria and Aids.
While giving an interview with Fortune, Melinda explained the divorce was “incredibly painful in immeasurable ways.” Reflecting on their foundation, she said,” I continued working with the individual I was trying to avoid, and I need to come in every day and give it my all.”
6. Warren Buffet ($100 billion)
According to Forbes Magazine, Warren Buffet is the fifth richest person in the world, with an estimated net worth of $100 billion. Warren Buffett is considered the greatest investor of all time.
He holds several companies, but the main being Berkshire Hathaway and manages a portfolio of investments that include large positions in Apple stock and numerous bank stocks.
The Buffet was the son of a US congressman and bought and sold his first stock at age 11, earning himself the nickname the, ‘Oracle of Omaha.’ He runs Berkshire Hathway, which owns companies including Dairy Queen.
In 2006 he pledged to give away 99% of his fortune and so far has given away $45 million. Contrasting other billionaires on this list, Buffet still lives in the same house in Omaha, Nebraska, that he bought in 1958 for $31,500 before he made his wealth.
7. Larry Ellison ($91 billion)
Like the above wealthiest persons, Ellison also stands here with an asset of $91 billion on the Bloomberg billionaires index. He marked his great fate with the rise of technology. Ellison is considered the seventh richest man in the world.
After dropping out of college, he established Oracle in 1977. He raises the company from its initial phase to the largest software and database company around the globe.
Oracle now has a market capitalization of $213.48 billion, and Ellison has maintained a stake of more than 40%.
Ellison also invested in Tesla before its spectacular rise; he generated a net gain of more than 1,000% on his capital. He joined Tesla’s board of directors in 2018.
However, Tesla announced in June that Ellison would step down. He still grasps a stake in Tesla.
8. Mukesh Ambani ($93.8 billion)
Ambani’s name is included in the top 10 richest person list with a rank of sixth in the world with an asset of $93.8 billion.
The source of his wealth is derived from the stake in Reliance industries with an amount of 42%. Reliance’s operations include oil and gas, refining, petrochemicals, retail, and media.
However, the corporation was founded by Ambani’s father, Dhirubhai Ambani, in 1966. Ambani was designated as the chairman and managing director of Reliance Industries.
Moreover, he also possesses Antilia, a real estate complex in Mumbai that’s worth $410 million, and Mumbai Indians, a professional cricket team.
Still, Reliance is India’s largest retailer and operates the world’s largest 4G broadband wireless network.
After graduating in chemical engineering, Ambani attended Stanford University’s MBA program but left to return to India to help his father grow the business.
9. Larry Page ($84 billion)
Like other tech billionaires, Larry Edward Page is on the list of richest men in the world with $84 billion. Page and his friend Sergey Brin 1995 explore the idea of boosting internet data extraction.
In 1998, the duo founded Google, where Page served as the CEO till 2001 and from 2011 to 2019. Google is the foremost internet search engine, accounting for above 92% of global search requests.
In 2006, the company bought YouTube. After acquiring Android in 2005, Google launched the Android mobile phone operating system in 2008.
Google reorganized in 2015, becoming a subsidiary of Alphabet, a holding company.
Moreover, his withdrawals include $14.6 billion in cash. Google’s stock increased roughly 50% in 2021, boosting Larry into the billionaire club.
Larry was also an early investor in Planetary Resources, a space exploration, and asteroid mining company.
In 2014, Google cofounder Larry Page said “he didn’t plan to leave all his wealth to his two children. He didn’t commend leaving his asset to aid, either.“
In its place, the billionaire said in a TED interview that he would rather hand over the volume of his wealth to entrepreneurs with big ideas to improve the world.
At the time, Page named Elon Musk as one example: “He wants to go to Mars. That’s a worthy goal.”
10. Steve Ballmer ($79.7 billion)
On the Bloomberg billionaires index, Los Angeles Clippers owner Steve Ballmer ranks tenth with a withdrawal of $79.7 billion.
In 1980, he joined Microsoft and became its CEO in 2000. Steve Ballmer’s nonappearance from the Giving Pledge appeared as a surprise.
He was considered one of Microsoft’s earliest employees, and he rose to the role of president. Moreover, as Gates’ right-hand man before succeeding, Most of Ballmer’s fate comes from his 4% stake in Microsoft.
But Ballmer revealed that he and Gates have “drifted apart” since he retired from the company in 2014.
These days, Ballmer serves as chairman of the NBA’s Los Angeles Clippers, which he acquired in 2014. He’s also somewhat active in the generosity face: He and his wife, Connie, run the Ballmer Group nonprofit, which has honored over $420 million in benevolent grants over the past year.
FAQ’s
- Is Mark Zuckerberg down from the list of the richest man in the World?
Ans: No, but not included in the top 10.
- How Elon Musk paid the tax?
Ans: 11 billion
- How much does Amazon pay taxes?
Ans: 6 % tax rate on $35 Billion of US revenue.