Search and Find the Richest People in The World, here are the top 10 richest people in the world 2022, always Billionaires play an outsized role in shaping the global economy, politics, and philanthropy, Elon Musk, Jeff Bezos, Bernard Arnault, Bill Gates, Larry Page.
Billionaires play a huge role in shaping the global economy, politics, and philanthropy. Forbes estimates the number of billionaires in the world at 2,755. The rich among them belong to a more private club and exercise more power. Many of these billionaires are founders of tech giants, and much of their fortunes are still invested in the companies they started. Top 10 Richest People in The World
With so much of their wealth in publicly traded stocks, the net worth of the richest can fluctuate with market valuations. For example, Elon Musk, founder and CEO of Tesla Inc. (TSLA) and world’s richest person as of February 28, 2022, increase in net worth in 2021 thanks to increase in Tesla share price (where he currently owns 17% of the company) – with Tesla stock up more than 32% in 2021. Top 10 Richest People in The World
In contrast, the founder of Meta Platforms Inc. (FB) and CEO Mark Zuckerberg among the top 10 in early February 2022, when Meta’s stock price fell 26% after a disappointing earnings report. Zuckerberg’s net worth decreased by $45 billion in 2022 (as of February 28, 2022)
Top 10 Richest People in The World 2022
1. Elon Musk
Co-founder and CEO: Tesla
Net worth: $223 billion
Tesla ownership stake: 17% ($150 billion)
Other assets: Space Exploration Technologies ($40.3 billion in private assets), $5.53 billion in cash
Elon Musk was born in South Africa and attended university in Canada before transferring to the University of Pennsylvania, where he earned a BA in Physics and Economics. Two days after enrolling in the graduate physics program at Stanford University, Musk postponed attendance to launch Zip2, one of the oldest online navigation services.
In 2004 Musk became a major financier of Tesla Motors (now Tesla), which led to his current position as CEO of the electric car company. In addition to its line of electric vehicles, Tesla also produces energy storage devices and car accessories, and through its acquisition of SolarCity in 2016, the solar energy systems. Top 10 Richest People in The World
In 2020, Tesla shares are up 740% to push Musk to push Muck to the top of the wealth ratings. In December 2020, Tesla joined the S&P 500, becoming the largest added company. In January 2021, Musk became the richest person in the world (a title he has held ever since)
2. Jeff Bezos
Founder and CEO: Amazon (AMZN)
Net worth: $178 billion
Amazon ownership percentage: 10% ($153 billion)
Other assets: Blue Origin (private stake of $9.15 billion), Washington Post (private assets of $250 million), $15.5 billion in cash.
Jeff Bezos founder and CEO of Amazon
In 1994, Jeff Bezos founded Amazon.com in a Seattle auto repair garage, shortly after quitting hedge fund giant D.E. what. He had pitched the idea of an online bookstore to his former boss, David E. Shaw, who wasn’t interested. Top 10 Richest People in The World
Although Amazon.com originally started selling books, it has since transformed into a one-stop shop for everything under the sun and is arguably the world’s largest retailer. Amazon’s continued diversification pattern is evident in some unexpected expansions, which include the acquisition of Whole Foods in 2017 and entry into the pharmaceutical business the same year.
Bezos owned up to 16% of Amazon in 2019 before transferring 4% to ex-wife Mackenzie Scott as part of the divorce proceedings. In 2020, Amazon’s stock price jumped 76% as the demand for online shopping surges amid the COVID-19 pandemic. On July 5, 2021, Bezos resigned as CEO of the e-commerce giant, and became its CEO.
Bezos went public with Amazon in 1997 and went on to become the first man since Bill Gates in 1999 to have a net worth of over $100 billion. Bezos’ other projects include the Blue Origin space company, The Washington Post (which he bought in 2013), and the 10,000-year-old clock—also known as Long Now. Top 10 Richest People in The World
3. Bernard Arnault
Residence: Paris, France
CEO and President: LVMH (LVMUY)
Net worth: $155 billion
Christian Dior Ownership: 97.5% (total $126 billion)
Other assets: equity in Moelis Corporation ($23.2 billion in general assets), equity in Hermès (undisclosed stake), and $10.7 billion in cash.
Bernard Arnault CEO LVMH
Bernard Arnault of France is President and CEO of LVMH, the world’s largest luxury goods company. LVMH owns brands such as Louis Vuitton, Hennessey, Marc Jacobs, and Sephora.
Most of Arnault’s wealth comes from his huge stake in Christian Dior SE, the holding company that controls 41.3% of LVMH.
An engineer by training, Arnault first demonstrated his business acumen while working for his father’s construction company, Ferret-Savinel, where he took charge of the company in 1971. He transformed Ferret-Savinel into a real estate company called Férinel Inc. in 1979. Top 10 Richest People in The World
4. Bill Gates
Co-founder: Microsoft Corp. (MSFT)
Net worth: $127 billion
Microsoft’s ownership stake: 1.3% ($30.8 billion)
Other assets: Cascade Investment LLC ($55.9 billion in public assets), $55.3 billion in cash
Bill gates Co-founder: Microsoft Corp
While attending Harvard University in 1975, Bill Gates went to work alongside his childhood friend Paul Allen to develop new software for the original microcomputers. After the success of this project, Gates dropped out of Harvard during his freshman year and went on to found Microsoft with Allen.
The world’s largest software company, Microsoft also produces its own line of personal computers, publishes books through Microsoft Press, provides email services through its Exchange server, and sells video game systems and associated peripherals.
Originally a chief software engineer at Microsoft, Gates moved to the position of Chairman of the Board in 2008. He joined the Berkshire Hathaway Board of Directors in 2004. Top 10 Richest People in The World
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5. Larry Page
Co-Founder and Board Member: Alphabet (GOOG)
Net worth: $120 billion
Alphabet Ownership Percentage: 6% (total $105.7 billion)
Other assets: $14.6 billion in cash
Larry Page Co-Founder and Board Member: Alphabet
Like many of the tech billionaires on this list, Larry Page set out on his way to fame and fortune in the dorm room. While attending Stanford University in 1995, Page and his friend Sergey Brin came up with the idea of improving Internet data mining. The duo created a new search engine technology they called “Backrub”, named after its ability to analyze “supporting links”. From there, Page and Brin went on to found Google in 1998, and Page served as CEO of the company until 2001, and again between 2011 and 2019.
Google is the dominant search engine on the Internet, accounting for more than 92% of global search queries. In 2006, the company purchased YouTube, the top platform for user-submitted videos, after acquiring Android, Inc. In 2005, Google released the Android mobile operating system in 2008. Google was reorganized in 2015, becoming a subsidiary of Alphabet, a holding company. Top 10 Richest People in The World
6. Warren Buffett
CEO: Berkshire Hathaway (BRK.A)
Net worth: $116 billion
Berkshire Hathaway’s ownership percentage: 16% ($114 billion)
Other assets: $1.1 billion in cash
Warren Buffett CEO: Berkshire Hathaway
Warren Buffett, the most famous living value investor, filed his first tax return in 1944 at the age of 14, declaring his earnings from his childhood paperwork.
He first bought shares in a textile company called Berkshire Hathaway in 1962, becoming the majority shareholder by 1965. He expanded the company to include insurance and other investments in 1967. Now Berkshire Hathaway is a $705 billion market capitalization company, with one share of stock (shares of Class A) is trading at over $473,000 as of March 1, 2022.
Widely known as the “Oracle of Omaha,” Buffett is an investor who buys and holds his fortune through the acquisition of undervalued companies. More recently, Berkshire Hathaway has invested in large, well-known companies. Subsidiaries include stakes in insurance, energy distribution, and rail ferrous metals as well as consumer products. Buffett is a well-known skeptic of Bitcoin.
7. Sergey Brin
Co-Founder and Board Member: Alphabet (GOOG)
Net worth: $115 billion
Alphabet Ownership Percentage: 6% (total $100.5 billion)
Other assets: $14.7 billion in cash
Sergey Brin Co-Founder and Board Member: Alphabet
Born in Moscow, Russia, Sergey Brin moved to the United States with his family when he was 6 years old in 1979. After co-founding Google with Larry Page in 1998, Brin became Google’s chief technology officer when Eric Schmidt took over as CEO. in 2001. He held the same position at Alphabet Holdings after it was founded in 2015, and relinquished in 2019 when Sundar Pichai took over as CEO.
In addition to the Internet’s dominant search engine, Google offers a suite of online tools and services known as Google Workspace, which includes Gmail, Google Drive, Google Calendar, Google Meet, Google Chat, Google Docs, Google Sheets, Google Slides, and more. Google also offers A variety of electronic devices, including Pixel smartphones, computers, tablets, Nest smart home devices, and Stadia gaming platform.
8. Steve Ballmer
Owner: Los Angeles Clippers
Net worth: $107 billion
Microsoft ownership stake: 4% (total $99.6 billion)
Other assets: Los Angeles Clippers ($2.63 billion in private assets), $5.08 billion in cash
Steve Ballmer Owner: Los Angeles Clippers
Steve Ballmer joined Microsoft in 1980 after Bill Gates persuaded him to drop out of the Stanford University MBA program. He was the thirtieth employee at Microsoft. Ballmer went on to succeed Gates as CEO of Microsoft in 2000. He held that position until he stepped down in 2014. Ballmer oversaw the 2011 purchase of Microsoft Skype for $8.5 billion.
Ballmer owns an estimated 4% of Microsoft, making it the largest single shareholder in the software giant. In 2014, shortly after stepping down as Microsoft CEO, Ballmer bought the Los Angeles Clippers basketball team for $2 billion. Top 10 Richest People in The World
9. Larry Ellison
Co-Founder, President, and CTO: Oracle (ORCL)
Net worth: $94.6 billion
Oracle Ownership: 40% ($63.3 billion)
Other assets: Tesla stock ($13.1 billion in public assets), $17.3 billion in cash and real estate
Larry Ellison Co-Founder, President, and CTO: Oracle
Larry Ellison was born in New York City to a 19-year-old single mother. After dropping out of the University of Chicago in 1966, Ellison moved to California and worked as a computer programmer. In 1973 he joined the electronics company Ampex, where he met his future partners Ed Oates and Bob Miner. Three years later, Ellison moved to Precision Instruments, where he served as the company’s vice president of research and development. Top 10 Richest People in The World
In 1977, Ellison founded the Software Development Laboratories (SDL) along with Oates and Meiner. Two years later, the company released Oracle, the first commercial relational database software to use the Structured Query Language. The database software proved so popular that SDL changed its name to Oracle Systems Corporation in 1982. Ellison relinquished the CEO role at Oracle in 2014 after 37 years. He joined the Tesla Board of Directors in December 2018.
10. Mukesh Ambani
Residence: Mumbai, India
President and General Manager: Reliance Industries
Net worth: $88.4 billion
Reliance Industries’ ownership stake: 45% ($88.9 billion)
Other assets: Mumbai residential real estate ($410 million in private assets)
Mukesh Ambani President and General Manager: Reliance Industries
Mukesh Ambani was born in British-controlled Yemen, the son of a trading company clerk. The following year, his father, Dhirubhai Ambani, returned to India, settled with his family in a two-room apartment in Mumbai and started a spice trading business. Dhirubhai Ambani opened his first textile factory in 1966; His company, Reliance Industries, was listed on the Mumbai Stock Exchange in 1977 and since then has gained a large following of loyal shareholders. Top 10 Richest People in The World
Mukesh Ambani holds an undergraduate degree in Chemical Engineering from the University of Mumbai. He has been a member of the Reliance Board of Directors since 1977. Gas Drilling.
After Dhirubhai Ambani suffered a stroke and died in 2002, Mukesh Ambani took over the joint leadership of Reliance with his brother Anil. While the brothers fought for control, their mother brokered a 2005 settlement to split the company, with Mukesh retaining the refining, petrochemical, oil and gas and textiles operations while the Anil Group took charge of Reliance’s telecom, energy, entertainment and financial services assets. Top 10 Richest People in The World
The feud continued until 2010 when the brothers settled a legal dispute over natural gas and resolved the non-competition agreements contained in the 2005 settlement. In 2013, Mukesh and Anil Ambani apparently buried the hatchet with the first deal between their companies’ subsidiaries, a $220 million agreement dollars to share a fiber-optic network. Top 10 Richest People in The World
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