Top 10 Richest People in the World

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Billionaires play an outsized role in shaping the global economy, politics, and philanthropy. We puts the number of billionaires in the world at 2,668 in 2022. The wealthiest among them belong to an even more exclusive club and wield still more power. Many of these billionaires are founders of technology giants, with much of their wealth still invested in the companies they started. Here is the list of Top10.

1. Elon Musk

The richest man of the world in February 2022, the technology entrepreneur is the chief executive officer (CEO) and cofounder of Tesla. The total value of his 17% stake in this firm is around $153 billion. His net worth stands at a whopping $215.6 billion consisting of investments in space exploration technologies, private assets of $40.3 billion and $3.9 billion in cash. Tesla shares soared by about 340% in 2020 propelling Musk’s wealth to top rankings. In December 2020, Tesla figured into the list of S&P 500 and became the largest company in this category.

2. Bernard Arnault

Bernard Arnault’s net worth stands at an impressive $139.1 billion putting him second in the list of top richest persons in the world in 2022. He has 97.5% stake in Christian Dior ownership valued at $126 billion. His other assets are a $24.4 billion public asset in Moelis& Company equity, an undisclosed stake in Hermes equity, and $10.9 billion in cash. He is the chair and CEO of LVMH, the largest company in the luxury goods sector.

3. Jeff Bezos

The founder and executive chair of Amazon Jeff Bezos tops the richest persons list in third place with his $133.4 billion net worth. He has a 10% stake in Amazon valued at $153 billion. His other assets include $9.15 billion private company stake in Blue Origin, The $250 million private asset in The Washington Post, and $15.6 billion in cash. Amidst the Covid-19 pandemic, the demand for online shopping soared leading to a 76% jump in Amazon’s share price.

4. Bill Gates

Bill Gates occupies the fourth place in the richest person’s list with his $122.4 billion net worth in 2022. His 1.3% ownership in Microsoft is valued at $30.8 billion. He also has $55.9 billion in public and private assets in Cascade Investment LLC, and $55.3 billion in cash. Cascade’s privately held investment is distributed across Deere, Republic Services, Canadian National Railway and a portfolio of private investments in energy and real estate.

5. Warren Buffet

Warren Buffet claims the fifth place among the world’s richest persons in 2022 with his $100.9 billion net worth. His 16% stake in Berkshire Hathaway is estimated at $114 billion. His other assets include $1.1 billion in cash. Warren Buffet is the most popular living value investor known as ‘Oracle of Omaha”. He builds his fortune by acquiring the firms that are undervalued. Industry experts find him a Bitcoin skeptic.

6. Gautam Adani & Family

Gautam Shantilal Adani (born 24 June 1962) is an Indian billionaire industrialist and philanthropist.  He is the chairman and founder of the Adani Group, an Ahmedabad-based multinational conglomerate involved in port development and operations in India. Adani is also the president of the Adani Foundation, which is primarily led by his wife, Priti Adani. As of 17 June 2022, with a net worth of US$92.7 billion according to Forbes and Bloomberg Billionaires Index, he is the second richest person in India and Asia and the 9th richest person in the world.
 

7. Mukesh Ambani

The seventh place in the list of world’s richest persons is claimed by Mukesh Ambani, the most popular Indian entrepreneur with his $96.6 billion net worth. His 45% stake in Reliance Industries is valued at $88.9 billion. He too has $410 million private asset as investment in Mumbai residential property. The Chairman and Managing Director of Reliance Industries which has its presence in telecommunications and retail selling. He is also a member of the board of the World Economic Forum.

8. Larry Ellison

The eighth in the list of world’s richest persons in 2022 is Larry Ellison, the CT|O, Chair and Co-founder of Oracle. He has a net worth of $94.6 billion and his 40% ownership stake in Oracle is valued at $63.3 billion. His other assets are $13.1 billion public asset in Tesla equity and $17.3 billion in cash and real estate investment.

9. Larry Page

The ninth place in the richest person’s list in 2022 is secured by Larry Page, The Board-member and co-founder of Alphabet. His net worth is estimated at $120 billion and his 6% stake in Alphabet is worth $105.7 billion. His other assets include $14.6 billion in cash. In 2021, Google’s shares soared by around 50% pushing Page’s name to the billionaire list. Larry was also among the early investors in the space exploration and asteroid-mining company Planetary Resources.

10. Sergey Brin

Tenth in the list of richest persons in 2022 is Sergey Brin with his $91.4 billion net worth. The California based technology entrepreneur is the Board member and co-founder of Alphabet. The value of his 6% stake in Alphabet is worth $100.5 billion. He too has an asset of $14.7 billion in cash. Born in Russia, Sergey Brin moved to the U.S as a 6 year old boy with his family, co-founding Google with Larry Page in 1998.

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