Top 20 Richest Person In The World
The position of the richest person in the world has never been empty. One after another, a rich business entrepreneur has taken the spot of the richest person on earth.
Forbes, the American Business magazine, publishes the World’s Billionaires list every year. They compile the list of the richest businessmen and businesswomen in the world and publish the compiled list.
The listing is usually done based on their documented assets and by accounting for them for debt and other different factors. The list of the richest person in the world usually comes out in March, and the first-ever list of the richest man on earth came out back in 1987.
Bill Gates was the richest person on the planet from 1995 to 2010; then again, he claimed the position in 2013 and kept it till 2017. The current individual to own the title of the richest person on earth is Elon Musk.
Here is a small overview of the richest person on earth–
1. Elon Musk
| Age: 51 |
| Nationality: American |
| Net Worth: $240.7 Billion |
| Important Assets: SpaceX, The Boring Company, Twitter. |
| Famous For Tesla, SpaceX, Twitter ownership |
Elon Musk is best known as the founder of Tesla. He is responsible for PayPal. It was his startup X.com that later became known as PayPal. Musk revolutionized the electric vehicle industry with his car manufacturing company, Tesla. He is the richest person in the world.
He also invented his zero-profit organization named SpaceX. Musk is also the owner of SolarCity. Elon Musk also owns Neuralink, The Boring Company, Open Ai, and Tesla Energy are some of his business ventures. Recently, Musk also acquired Twitter.
2. Jeff Bezos
| Age: 59 |
| Nationality: American |
| Net Worth: $154.9 Billion |
| Important Assets: Amazon, Blue Origin, The Washington Post |
| Famous For Amazon |
Amazon, founded by Jeff Bezos, is the pioneer of all eCommerce platforms. Jeff Bezos has also acquired the place of the richest person on the planet. Bezos started his eCommerce venture with the intent to sell books online.
Although Bezos pitched the idea to the head of the prestigious book store named D.E Shaw, his ideas were not well received. Bezos then took the risk to start his own eCommerce platform we now know as amazon. Bezos is the former richest person in the world.
3. Bernard Arnault
| Age: 74 |
| Nationality: French |
| Famous For LVMH |
| Important Assets: Moelis & Company equity, Hermès equity |
| Net Worth: $231 billion |
Bernard Arnault is the chairperson of LVMH. Several famous fashion brands are known as LouisVuitton, and Hennesey is under his ownership. Most of his wealth comes from his stake Christian Dior SE. This holding company controls 41.35% of the whole LVMH.
4. Bill Gates
| Age: 67 Net Worth: $119.3 Billion |
| Nationality: American |
| Famous For Microsoft |
| Important Assets: Cascade Investment LLC |
Bill Gates’ love for computers bloomed into the largest software company the world has ever seen. He and his lifelong friend Paul Allen developed the software company we know as Microsoft. Bill Gates remained the richest person in the world through the virtue of Microsoft.
Aside from being the richest man on earth, Gates is also known for his charitable work and as an environmentalist.
5. Gautam Adani
| Age: 61 Nationality: Indian Famous For Adani groupset |
| Assets: Adani Ports & Special Economic Zone, Adani Green Energy, Adani Total Gas |
| Worth: 55.7 billion Important Assets: Adani Ports & Special Economic Zone, Adani Green Energy, Adani Total Gasimportant |
The founder of Adani Group, Gautam Adani, became listed in the Forbes magazine as the fourth richest man in the world surpassing Bill Gates. But currently (1st June 2022) he ranks as the 7th richest man on the planet. Adani is close behind Elon Musk, the richest person in the world.
6. Warren Buffet
| Age: 92 |
| Net Worth: $117.4 Billion |
| Famous For Business and Philanthropy |
| Important Assets: Berkshire Hathaway |
| Nationality: American |
The master investor Warren Buffet returned the first tax of his life at the age of 14. Buffet owned and held the stocks of underdeveloped companies for the long term and acquired immense wealth that way. In 1962, he acquired his first share of a company named Berkshire Hathaway, and he became the major stakeholder of the company in 1965.
7. Larry Page
| Age: 50 years |
| Nationality: American |
| Famous For Google |
| Net Worth: $119 Billion |
| Important Assets: Alphabet stakes |
Larry Page is the founder of the most used internet search engine named Google. He founded Google in 1998. Now it is the most dominant search engine in the world. As of 2015, Google became a subsidiary of Alphabet, a holding company.
8. Sergey Brin
| Age: 50 |
| Nationality: American/Soviet |
| Famous For Google President of technology |
| Net Worth: $106.2 Billion |
| Important Assets: 6% Alphabet stake |
Another rich person in the world is Sergey Brin, the owner of the 6% stake in Alphabet. He became the president of the tech at Google in 2001. After Alphabet was established he held the same post at google and acquired a massive amount of wealth.
9. Mukesh Ambani
| Age: 65 years |
| Nationality: Indian |
| Famous For Reliance Industry |
| Net Worth: $98 billion |
| Important Assets: Reliance assets |
Son of Dhirubhai Ambani, Mukesh Ambani is the owner of Reliance industries. The textile mill that Dhirubhai Ambani opened in 1966 has been listed on the stock exchange of Mumbai since 1977.
That is where the wealth of Reliance started to grow, making Mukesh Ambani one of the richest persons on the planet. Mukesh Ambani might not be the richest person in the world but he has acquired an immense amount of assets.
10. Steve Ballmer
| Age: 66 years |
| Nationality: American |
| Famous For Microsoft CEO |
| Net Worth: $89 billion |
| Important Assets: 4% Microsoft assets |
Ballmer succeeded Bill Gates as the CEO of Microsoft from 2000 to 2014. He also owns a 45 stake in the Microsoft company. He is also the owner of the Los Angeles Clippers basketball team for $2.
11. Larry Ellison
| Age: 79 |
| Nationality: American |
| Famous For Software company Oracle |
| Net Worth: $139.0 Billion |
| Important Assets: 35% share of Oracle |
Larry Ellison is the co-founder and the chairman of the big software company named oracle. His immense wealth is the result of his 35% share in the company. Aside from being the CEO of Oracle, Ellison is also the technology officer of the company.
12. Carlos Slim Helu
| Age: 82 |
| Nationality: Mexican |
| Famous For América Móvil, telecom company Net Worth: $81 billion important |
| Assets: América Móvil, 17% of The New York Times |
The richest man in Mexico is Carlos Slim Helu. He and his family control the biggest mobile telecom named América Móvil. He also has a stake in a Mexican mining and construction group. He also owns 17% of The New York Times.
13. Mark Zuckerberg
| Age: 38 |
| Nationality: American |
| Famous For Facebook, Meta |
| Net Worth: $67.7 billion |
| Important Assets: 12% Facebook stock |
Mark Zuckerberg is known for his creation of the social media app named Facebook ( currently termed Meta). Meta also has different platforms like Instagram, Whatsapp, and Messenger under its control.
Elon Musk has surpassed Zukerberg as the richest person in the world. But Zuckerberg still is the founder of one of the first social networking companies in the world.
14. Michael Bloomberg
| Age: 81 Nationality: American |
| Famous For Co-Founder of Bloomberg LP, Mayor of New York City |
| Net Worth: $96.3 Billion |
| Important Assets: 88% Bloomberg LP |
The co-founder of the financial information company named Bloomberg LP is Michael Bloomberg. He owns 88% of the company’s stake. Mr. Bloomberg has also remained the Mayor of New York City for 12 years.
15. Zhong Shanshan
| Age: 67 |
| Nationality: Chinese |
| Famous For CEO of Nongfu Spring |
| Net Worth: $65 billion |
| Important Assets: 84% of Nongfu Spring |
A school dropout, Zhong Shanshan is the chairperson of a bottled water company named Nongfu Spring. The company got listed in the Hong Kong stock in 2020. His early life was spent as a construction worker. He is not the richest person in the world, but his growth is inspiring for business people.
16. Jim Walton
| Age: 75 |
| Nationality: American |
| Famous For Board Member of Walmart, Arvest Banks Chairperson |
| Net Worth: $67.7 Billion |
| Important Assets: Walmart, Arvest Bank. |
The youngest son of the founder of Walmart is Jim Walton. He is also the chairman of his family’s bank named Arvest Bank. He also used to be one of the board members of Walmart. His immense wealth from Arvest Bank lists him way behind Elon Musk as the richest person in the world.
17. Alice Walton
| Age: 75 |
| Famous For Crystal Bridges Museum of American Art |
| Nationality: American |
| Net Worth: $66.0 Billion |
| Important Assets: Walmart share |
Sister of Jim Walton and the only daughter of the Walmart founder Sam Walton, Alice is a collector and curator of arts. She is the founder of the Crystal Bridges Museum of American Art.
18. Rob Walton
| Age: 77 |
| Nationality: American |
| Famous For Walmart chairman |
| Net Worth: $59 billion |
| Important Assets: Walmart stock |
Rob Walton took over for his father as the chairperson of Walmart in 1992. All the Walton siblings own half of the Walmart stocks. The wealth of Walton may not be enough to make him the richest person in the world. But his wealth is near many big named billionaires.
19. Changpeng Zhao
| Age: 46 |
| Nationality: Canadian |
| Famous For Binance exchange |
| Net Worth: $13.1 Billion |
Changpeng Zhao, also known as CZ, is the founder of the biggest cryptocurrency exchange in the world. Finance is the biggest Cryptocurrency exchange in the world, and CZ is the billionaire with a $17 billion net worth.
20. Francoise Bettencourt Meyers
| Age: 70 |
| Nationality: French |
| Famous For L’Oreal company CEO, the richest woman in the world |
| Net Worth: $84.9 Billion |
| Important Assets: 33% L’Oreal stock |
Francoise Bettencourt Meyers may not be the richest person in the world, but she is the richest woman in the world. She is the granddaughter of the founder of the L’Oreal company. She and her company hold 33% of the company.
Frequently Asked Question (FAQs)
If you are looking for any further queries, here are some questions and answers –
Ans: Elon Musk, the confounder of Tesla and the founder of SpaceX, is the number one richest person in the world. Before him, the position was held by Bill Gates and Jeff Bezos.
Ans: Here are the seven richest people in the world –
i. Elon Musk
ii. Jeff Bezos
iii. Bill Gates
iv. Warren Buffett
v. Bernard Arnault
vi. Larry Page
vii. Sergey Brin
Ans: Gautam Adani of the Adani group and industries is the richest person in India. His business with Adani groups has helped him acquire $112 billion. Some other billionaires from India are – Mukesh Ambani, Shiv Nadar, Lakhsmi Mittal, etc.
Ans: The strong business acumen, innovative ideas, and the will to do disruptive industrial work are the main reason behind Elon Musk’s wealth.
Final Words
The list of the richest people in the world keeps changing. If you look at the list a year or two ago, there was another person sitting at the top of the list.
The current list of the richest person in the world is topped by Elon Musk, the founder of Tesla, SpaceX, and several other companies. He is succeeded by Jeff Bezos, Bernard Arnault, Bill Gates, Gautam Adani and so many more. I hope the list above helps you with the information you need.
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It is wise to do vlogs of different events you plan and manage. Posting them on your social media or website will get you more gigs as an event manager. Write A Book In today's time, no one is trying to become Shakespeare. But if you find any scope to add value to this world, then you can put it into words and publish it as a book. Entrepreneurs can provide the value a specific audience is looking for through their books. YOu can write a fiction or a nonfiction book and get it published. Yes, it is a time-consuming process. But, if you are paying attention to different ads on Facebook, you will see some seasoned corporate employees or solopreneurs coming out with their self-written books. It can be a fiction or a nonfiction. But, if you have any idea that you can take out in the world, a book is still a renowned means for an entrepreneur. Draw & Design Logos We all have smartphones now, but that did not make professional photographers a thing of the dinosaurs' age. They are thriving in their career, and some of them are making million-dollar businesses as well. Similarly, you can become a logo designer or a professional illustrator. It is one of the most feasible sources of income for anyone in today's time. If you have skills in this department and know how to use tools like Photoshop and different AI tools for logo design, you will make your logo design career a success. You can make it a part-time job and pursue logo design as a full-time career. Blogging Mashum Mollah is a successful entrepreneur who made his passion for blogging into a million-dollar business. When you have skills and knowledge in a specific industry, you can spread it through blogs and monetize your blogging website. All you need is a blog-creating platform and start your blog. Once the website is up and running, you can start creating industry-specific content that people want to read. You will become successful in blogging if you are – Updating content regularly. Optimizing your website for relevant traffic. Coupling your content writing effort with successful social media marketing. When you are taking care of all these, you can come up with different ways of monetizing your blog. How do entrepreneurs make money? An entrepreneur like Mashum Mollah would suggest you – Become an affiliate. Sell advertising space. Starting a subscription business after getting a significant number of followers. Create a course or webinar people want to sign up for. Offer Content Writing Services A content writing service provider helps with creating blog posts, articles, press releases, and more. Even a freelance content writer doing it on a large scale can become an entrepreneur. In today's time, there is a high demand for good-quality content. So, if you are well-versed in content creation, you can make a career out of it. You have to set up your profile on a freelancing platform, and according to your expertise and skills, you can even charge your clients $50 per hour. Read More: Entrepreneurship Skills – Types, Importance & Examples Bottom Line Aside from the option mentioned, you can also offer personal loans, utilize previous assets, and provide property rentals to make money. You can create an entrepreneur with the right knowledge, insight, and passion for something out of the box. If you were looking for suggestions, this article should provide valuable insight. Please let us know about your feedback on this article. Thank you for reading. Read Also: What Is a Franchise, And How Does It Work? – Examples, Benefits & More What Is A Venture Capitalist, And What Are Their Functions? Private Equity Vs. Venture Capital: Key Differences
Aug 30, 2023
Everything You Need To Run A Successful Enterprise
Navigating the intricacies of running a successful enterprise requires a multifaceted approach encompassing leadership, strategy, technology, culture, and innovation. Understanding the core components that contribute to the growth and stability of a business is crucial. Keep reading as we delve into each of these areas to provide you with the insights necessary for leading an enterprise to triumphant outcomes. Leadership Qualities For Enterprise Success Leaders at the helm of successful enterprises are often visionaries who possess the ability to steer their organizations through rough waters. These individuals exhibit a combination of confidence, determination, and empathy, which inspire their teams and foster a sense of trust. Communication, both in conveying clear directions and in listening to feedback, stands out as one of the top qualities that such leaders have in common. Many of these leaders also recognize the importance of continuing education, such as pursuing an MBA masters degree. Pursuing an MBA can be a game-changer for anyone aspiring to run a successful business. By gaining a comprehensive understanding of business principles and building a strong network, you can enhance your business acumen and position yourself as a competent and strategic leader. Investing in your education through an MBA program demonstrates your commitment to continuous learning and professional development, setting you apart in a highly competitive business landscape. In essence, effective enterprise leadership is characterized by a level of emotional intelligence that allows leaders to connect with their team and understand the broader impact of their actions within the corporate ecosystem. It is this blend of soft skills and hard skills that creates a dynamic and responsive leadership framework for enterprise success. Investing In Advanced Enterprise Technology Solutions Technological advancements have revolutionized the way enterprises operate. Security is a critical aspect when it comes to technology investment. Enterprises must collaborate with trustworthy cyber security companies Calgary or wherever they are based, to safeguard their data and their customers' privacy. With the increasing number of cyber threats and potential data breaches, it has become more important than ever to prioritize the security of your company's sensitive information. By partnering with a cybersecurity company, you gain access to a team of experts who are dedicated to protecting your business. The adoption of technology should be driven by the potential for business impact rather than the novelty of the innovation. Beyond that, employee training and support are needed to maximize the benefits of technological investments. Staff should be well-versed with the new systems to guarantee seamless integration into daily operations. Continuous feedback mechanisms can help in finetuning technology solutions to better serve the enterprise's needs. Cultivating A Productive Corporate Culture A robust corporate culture is the bedrock of any successful enterprise. It encompasses the values, beliefs, and behaviors that define the work environment and shape employee interactions. A positive culture fosters collaboration, innovation, and a shared commitment to the company's mission. Leaders play a pivotal role in shaping this culture by being the exemplars of the enterprise's core values. Recognizing and rewarding behaviors that align with your values reinforces their importance and encourages their proliferation throughout the organization. Empowering employees by providing growth opportunities and an inclusive environment can also elevate engagement and job satisfaction. When employees feel valued and part of something bigger, they are more likely to go the extra mile for the company. Implementing Continuous Improvement And Innovation Systems In an ever-evolving business landscape, enterprises cannot afford to remain static. Establishing systems that promote continuous improvement and innovation is a priority for staying ahead of the curve. This involves regularly reviewing processes, soliciting employee input, and being receptive to new approaches. Innovation need not be confined to product development; it can also be applied to internal processes, customer service, or business models. Benchmarking against industry standards and competitors can also inform an enterprise's improvement strategies. Understanding where you stand relative to your peers can highlight areas for growth and inspire new ideas. Leveraging data analytics to monitor performance and identify trends can guide informed decision-making too. By harnessing the power of data, enterprises can better predict customer needs, optimize operations, and tailor strategies for optimum impact. This proactive approach to business ensures relevancy and a competitive edge. As this article clearly illustrates, the success of an enterprise hinges on its ability to blend strong leadership with strategic foresight, technological prowess, a nurturing culture, and an ingrained drive for continuous improvement. By focusing on these foundational elements, organizations are better positioned to achieve their goals and attain long-term viability in the competitive world of business. Read Also: How To Improve Energy Efficiency In Your Data Centre Money Tap Loan App: Information, Eligibility Criteria, Interest Rates, Review & More Virtual Data Rooms: What They Are And Their Critical Importance For Businesses
Dec 29, 2023