The Top 10 Richest People of the World

The richest people of the world are a diverse group. Elon Musk, Jeff Bezos, Sergey Brin, Mark Zuckerberg, and Bill Gates are all among the wealthiest people in the world but who are the others in the top 10 richest people of the world?

Elon Musk, the founder of Tesla Motors, is the world's youngest self-made billionaire, and Google founders Larry Ellison and Sergey Brin became billionaires by the age of 30. Oprah Winfrey became the first female African-American billionaire. However, the dot-com bubble wiped out 83 billionaires from the list. In fact, if the bubble had never burst, Sam Walton would have been the world's richest person today.

Forbes magazine estimates that there are 2,755 billionaires worldwide and this number grows every year. The top 10 richest people of the world are Elon Musk, founder of SpaceX and Tesla, and Bernard Arnault, co-founder of Louis Vuitton and Sephora. Jeff Bezos is tied for third place on the list with an estimated net worth of $133.4 billion. Musk and Bernard Arnault are the richest people in the world as of 2022, with Bill Gates and Warren Buffet in fourth and fifth place, respectively.

Let’s take a look at their personal stories, and how their wealth has risen and fallen. This list of the top 10 richest people of the world will leave you in awe! Who are these men? And who do you want to be like?

1. Elon Musk

 

Elon Musk

 

Elon Musk, the entrepreneur behind SpaceX and Tesla, has officially become one of the top 10 richest people of the world, crossing the $200bn mark. The electric-car maker is now valued at nearly $215.6bn. This is enough to rival the combined market value of Toyota, Volkswagen, Ford, and Hyundai combined. His net worth is estimated to rise even further in the coming years, as he seeks to improve the world through innovative technologies.

The wealth of Elon Musk is larger than the combined annual GDPs of Norway, Chile, and Vietnam. It exceeds the value of PayPal and Netflix, which he founded and leads. Moreover, the rise of Musk's assets comes as lawmakers are considering a billionaire’s tax to slash the wealth of the 700 richest people in the world. Despite the controversy surrounding Musk's tax payments, he continues to stay out of the limelight and has become a symbol of entrepreneurship and success.

2. Bernard Arnault

 

Bernard Arnault

 

According to Business Insider, the 72-year-old is second on the list of the top 10 richest people of the world. He is the chairman of LVMH, the world's largest luxury goods company, which boasts 70 brands including Sephora and Louis Vuitton. The billionaire also has five children, four of whom are involved in his empire. His total wealth has been estimated at $139.1 billion.

The founders of Aldi were once the richest people in Europe, but the pair never achieved the top spot. In mid-2005, Arnault was one of the world's richest people, with a fortune of $13 billion. Since then, he has been a perennial top-tier list--he reached No. 5 in 2018 after having been No. 11 the year before. He has since become the world's third-richest man, after Jeff Bezos and Bill Gates. Sadly, the founders of Facebook and Amazon are both divorced fathers with children.

The latest Forbes Richest People in the World list has been updated to reflect the LVMH stock's value as of 8 am ET on May 25. After Bezos' net worth reached $186 billion, he regained his top spot. The list was updated with additional estimates as the year progressed. By the time this article went live, Bezos and Arnault had already been knocked off the top spot.

3. Jeff Bezos

 

Jeff Bezos

 

Bezos is the owner of several real estate properties including a fourteen-acre compound in Hawaii, a total investment of $578 million. He also owns two Gulfstream aircraft and several private jets. His limited liability company also purchased a hangar at the Boeing Field in Seattle for $5.5 million. Bezos has been cited as one of the world's most influential people.

Bezos' net worth is the product of his investments in companies like Tesla and SpaceX. The former CEO of SpaceX and Tesla is valued at more than $800 billion, while SpaceX is estimated at $125 billion. The two companies are largely fueled by Bezos's investments, but the profits of the former CEO are falling. Jeff Bezos is the founder and CEO of Amazon, which is the world's largest e-commerce retailer. Bezos has also made money from the Covid-19 pandemic, which made people shop online more.

He quit his job as a hedge fund manager and obtained a $250,000 loan from his parents. He has since expanded Amazon to include music, movies, and just about anything else imaginable. His company has the largest profit from its Amazon Web Services branch. This is a staggering amount of money for a small business.

Bezos is one of the most influential and well-known billionaires in the world. He owns 49.9 million shares of Amazon, which is roughly 10% of the company's stock. In the past year, Bezos cashed out hundreds of thousands of shares in Amazon and gifted nearly 5,000 to his ex-wife. Jeff Bezos has been highly controversial over Amazon's pay scale and charitable donations. He has also launched a space company called Blue Origin.

4. Bill Gates

 

Bill Gates

 

As one of the richest men alive and forth on the list of the top 10 richest people of the world, Bill Gates is a man of many talents. Born in Seattle, he attended the exclusive Lakeside School until he left as chairman of the board in 2020. According to him, the school gave him the courage and vision to do something that others thought was impossible. Gates has used his wealth to better equip the world against potential pandemics. He has given more than $2 billion to COVID-19, an organization aimed at combating this disease.

5. Warren Buffett 

 

Warren Buffett 

 

The fifth richest man in the top 10 richest people of the world is none other than Warren Buffett. The CEO of Berkshire Hathaway, Buffett is worth $100.9 billion. While many billionaires have private jets and mansions, Buffett isn't a jet setter. He drives a mid-2005 Chevy Impala. In fact, he didn't even have a cellphone in 2006.

The third richest man in the world started watching stocks at the age of 11 and eventually began working in his father's stockbroking firm. He was able to take on small jobs to help the family business and spent most of his time watching investors. At age 15, he was worth 6000$, which is nearly $53000 in today's dollars. Warren Buffett is known to donate a majority of his wealth to charity.

6. Gautam Adani 

 

Gautam Adani 

 

The coal mining tycoon Gautam Adani has become Asia's richest man, boosting his net worth to $97.2 billion. The Indian has already surpassed his fellow countryman Mukesh Ambani to top the list of the top 10 richest people of the world. Adani has made a major push into new fields like renewable energy, data centers, and even defense contracting. The latest news has fueled the market and he has been hailed as the "next billionaire."

Adani is the founder of the Adani Group, an energy and port conglomerate with six publicly listed companies in India. His fortune surpassed the $10 billion mark after he secured investments from Abu Dhabi's International Holding Company. The Abu Dhabi Investment Fund is chaired by Adani's brother, Sheikh Tahnoun bin Zayed Al Nahyan. The Abu Dhabi investor also owns a 74 percent stake in the Mumbai airport.

In 2021, Total SE and Warburg Pincus LLC made investments in Adani's companies. Total SE agreed to buy 20% of Adani Green Energy Ltd. and 50 percent of Adani's operating solar assets. The investment was valued at $20 billion and Warburg Pincus invested $110 million. The investment made the Adani Group the third-richest person in Asia. And if all goes well, Adani could be on his way to becoming Asia's richest person.

In the early 1980s, Adani dropped out of college to work in the diamond industry. He later returned to Gujarat to run his brother's plastics business. In 1988, he founded Adani Enterprises and diversified into other industries. His fortune was further bolstered by his survival from kidnapping for ransom in India and the 2008 terror attacks in Mumbai. This year, Adani is investing in solar energy, wind energy, and other green initiatives.

7. Mukesh Ambani 

 

Mukesh Ambani

 

The announcement was made during the annual shareholders' meeting of Reliance Industries, where Ambani bragged about Reliance's growing list of superlatives. These include being the world's largest telecom and electronics enterprise by subscriber base and revenues, as well as the largest oil company. The company's fortunes continue to rise even as India's economy plunges into the worst recession in recent memory.

In 2018, Mukesh Ambani sold stakes in his telecom company Jio worth $15 billion to various investors, including Facebook, Vista Equity Partners, General Atlantic, and Mudabada. Ambani sold a third of Jio to foreign investors, including the Saudi PIF and TPG. These investments made Ambani the ninth-richest person in the world.

Mukesh Ambani is the ninth-richest person in the world, according to Forbes' 2019 list. The tycoon is the chairman and managing director of Reliance Industries. His fortune dropped as much as $17 billion during the Indian market crash in October last year, but he recovered that amount and added another $28 billion. Today, Mukesh Ambani is the seventh on the list of the top 10 richest people of the world, making him India's richest man.

8. Larry Ellison

 

Larry Ellison

 

Larry Ellison is worth $95.9 billion. He has been married four times. His first wife was an actress, and he married her again in 2007. His second wife, Barbara Boothe, is a singer, and they have two children together. Ellison is also an avid sailor and owned a yacht called Rising Sun for years. He spent $200 million building it and later sold it to music mogul David Geffen.

Oracle is the world's largest business software company and Ellison's fortune has grown by about $12 billion. He's now the eighth on the list of the top 10 richest people of the world, but he's already one place ahead of Warren Buffett as he owns the 41st largest island in the United States.

9. Larry Page 

 

Larry Page 

 

The internet entrepreneur and software engineer Larry Page has recently been crowned the world's richest person. The founder of Google and co-founder of the Alphabet company with Sergey Brin, Page has earned many awards and accolades. He received the prestigious Maxim Foundation Prize for his contributions to the field of engineering. He is also a Fellow of the Marconi Foundation at Columbia University and holds an honorary doctorate from the University of Michigan. Aside from being one of the top 10 richest people of the world, Page also has a philanthropic heart.

In 2005, Larry and Sergey Brin invested in a Boeing 767-200. The plane seats fifty passengers and has several seating areas, two staterooms with private bathrooms, and a dining area. In addition to his planes, Page and Brin also have their private airport. Despite having an incredible number of assets, Page is still driving a Toyota Prius. He has also been credited with inventing the self-driving car.

A Google IPO is likely to increase Page's fortune further. The billionaire co-founders' net worth is now reported to be $93 billion, which is $3,500 million more than Brin. The pair met while attending Stanford University and founded Google. While Page is the CEO of the company, Sergey Brin is the president. Both men are reported to earn $1 million a year from Alphabet. However, the true wealth of the company stems from its Alphabet stock.

10. Sergey Brin

 

Sergey Brin

 

Sergey Brin is last on the list of the top 10 richest people of the world. He is the co-founder of Alphabet, the parent company of Google. He has a net worth of $91.4 billion, which is a significant amount for a single person. Sergey Brin and Larry Page co-founded Google in 1998. Since Google went public in 2004, they have been renamed Alphabet. In addition to Google, Sergey Brin also owns a custom Boeing 767-200 as well as a Dornier Alpha jet. The passenger plane has a dining area, showers, and two staterooms. In addition to that, Sergey and Larry Page have a private airport in San Jose that cost $82 million.

Sergey Mikhaylovich Brin was born in Moscow, Russia. His parents immigrated to the United States when he was a young child. He attended the Paint Branch Montessori School, which is in Maryland. Later, he graduated from Eleanor Roosevelt High School and went on to study computer science and mathematics at the University of Maryland. After graduating from college, Sergey received a graduate fellowship at Stanford University, where he stayed until his son was eight. During his time at Stanford, he met Larry Page, another co-founder of Google.


Daud Ahmed

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