There are 2668 billionaires according to Forbes in 2022. Most of them are founders of the biggest companies and others are investors and other stakeholders. They have their ways of avoiding selling stocks and taxes. Most of them and their companies are publicly traded, so it's possible to fluctuate their net income every month or even every day with the market valuation.
Below are the 10 billionaires people on the planet as of July 01, 2022, according to the Bloomberg Billionaires Index.
Key Changes:
- Elon Musk is the first on the list with a net worth of $224 billion.
- 2nd position is held by Jeff Bezos, with an estimated net worth of $144 billion.
- The top 6 billionaires are from technological industries.
1. Elon Musk
Born: Elon Reeve Musk
June 28, 1971 (age 51)
Pretoria, Transvaal, South Africa
Net Worth: $224 billion
Co-founder of TESLA (16%)
Education:
- Queens University,
- University of Pennsylvania (BS, BA),
- Stanford University (Ph.D., dropped out)
Title:
- Founder, CEO, and Chief Engineer of SpaceX, CEO and product architect of Tesla, Inc.
- Founder of The Boring Company and X.com (now part of PayPal)
- Co-founder of Neuralink, OpenAI, and Zip2
- President of Musk Foundation
Elon Musk is the major funder of Tesla Motors. Before that, he developed X.com which he sold to eBay. X.com became PayPal in June 2001. eBay purchased PayPal for US$1.5 billion. Tesla joined S&P 500 in December 2020 and Musk became the richest person in the world.
2. Jeff Bezos
Born: January 12, 1964 (age 58 years),
Albuquerque, New Mexico, United States
Net worth: $144 billion
Founder of AMAZON (10%)
Education:
- Princeton University (1982–1986),
- Miami Palmetto Senior High School (1982),
- River Oaks Elementary School
Jeff Bezos founded Amazon in 1994. Amazon was founded in a garage in Seattle. Firstly it was a book-selling store. Then it changed its goal to a one-stop-shop for everything. jeff Bezos had 16% of shares in amazon before he transferred 4% to her wife in 2019. Jeff Bezos became CEO of amazon on July 5, 2021.
3. Bernard Arnault
Born: March 5, 1949 (age 73 years), Roubaix, France
Net worth: $136 billion
Education: École Polytechnique (1969–1971), Lycée Faidherbe
CEO and Chair: LVMH (Moët Hennessy Louis Vuitton)
Bernard Arnault is a French citizen and CEO of LVMH (Moët Hennessy Louis Vuitton). LVMH is the world's largest luxury goods company. LVMH owns Louis Vuitton, Hennessey, Marc Jacobs, and Sephora. Christian Dior is the holding company of LVMH with 41.3%. Most of the revenue from Bernard Arnault comes from Christian Dior.
4. Bill Gates
Born: October 28, 1955 (age 66 years)
Seattle, Washington, United States
Net worth: $123 billion
Education: Lakeside School (1967–1973)
Share of Microsoft: 1.3% ($28 billion)
Co-founder: Microsoft Corp.
Bill Gates along with his childhood friend Paul Allen developed a new operating system for microcomputers. Meanwhile, he dropped out of Harvard University and found Microsoft with Paul Allen. Bill's Ex-wife Melinda and he created a foundation named "Bill & Melinda Gates Foundation" that fought polio and malaria. The foundation also spent a 1.9Billion on the COVID-19 pandemic.
5. Warren Buffett
Born: August 30, 1930 (age 91 years),
Omaha, Nebraska, United States
Net worth: $114 billion
Education: Columbia Business School (1950–1951)
Warren Buffett is not only an investor but also a philanthropist and American business magnate. He first filed his tax return at the age of 14. The first company that Warren Buffett invested in was a textile company that was known as Berkshire Hathaway in 1962. Today Berkshire Hathaway is a $604.95 Billion-dollar market cap company treaded as NYSE: BRK.A (Class A) share. Warren Buffett buys and holds undervalued company shares.
6. Larry Page
Born: March 26, 1973 (age 49 years)
Lansing, Michigan, United States
Net worth: $103 billion
Education: East Lansing High School (1987–1991)
Co-founder and Board Member: Alphabet
An American computer scientist and internet entrepreneur. He is best known for co-founding Google with Sergey Brin. In 1995 larry Page with his friend Sergey Brin started to find a way to extract data from the web. In 1998 they found Google and Page served as a CEO till 2001. In 2005 the company purchased Android and in 2006 it purchased Youtube. Alphabet became the holding company of google in 2015.
7. Sergey Brin
Born: August 21, 1973 (age 48 years)
Moscow, Russia
Net worth: $99.1 billion
Education: Stanford University (1993–1995)
Alphabet Ownership Stake: 6% ($84.4 billion total)
Sergey Brin co-founded Google with Larry Page. Until December 3, 2019, Brin was the president of Google's parent company, Alphabet Inc. Sergey Brin hold the same position in Alphabet (Holding Company of Google) after it was established in 2015. Google also offers a variety of electronic devices. Sergey Brin spent a lot of his time developing smart glasses and automatic cars in google laboratory.
8. Gautam Adani
Born: June 24, 1962 (age 60 years)
Ahmedabad, India
Net worth: $98.1 billion
Adani Group Stake: 75% each ($51.1 billion)
Adani started his work as a diamond sorter for Mahendra Brothers in 1978. After that, he started to manage the operations of his brother's plastic factory in Ahmedabad. Adani established Adani Exports, now known as Adani Enterprises in 1988. He has stakes in Solar Energy Corporation of India (SECI), and 74% in Mumbai International Airport, and finally Adani family acquired Ambuja Cements and its subsidiary ACC from Holcim Group for $10.5 billion in May 2022.
9. Mukesh Ambani
Born: April 19, 1957 (age 65 years)
Aden, Yemen
Net worth: $96.0 billion
Education: Institute of Chemical Technology (ICT)
Reliance Industries Ownership Stake: 42% ($96.5 billion)
Reliance Industries was a textile company founded by Dhirubhai Ambani father of Mukesh Ambani in Mumbai. Reliance is listed on the stock exchange for treading in 1977. Mukesh Ambani was in Stanford University California studying master's in business administration but left without that degree and sit in the chair of the Board of Directors of reliance industries and expanded the business into petrochemicals, oil refining, and oil and gas drilling.
10. Steve Ballmer
Born: March 24, 1956 (age 66 years), Detroit, Michigan, United States
Net worth: $95.9 billion
Education: Harvard University (1977)
Microsoft Ownership Stake: 4% ($86.8 billion total)
In 1980 Steve Ballmer joined Microsoft after he dropped out of Stanford University's MBA program. He was among the 30 very first stakeholders of Microsoft and worked as the CEO of Microsoft from 2000 to 2014. Steve Ballmer monitored the purchase of Skype in 2011. Steve Ballmer holds 4% shares of Microsoft which makes him the largest individual shareholder of Microsoft.
Tags:
Top Ten
