Top 10 Richest People In The World

In a world of 7.75 billion people, there are 2,755 billionaires worldwide. And among them, the top 10 richest people in the World have approximately $1.2 trillion in total. These billionaires play an outsized part in shaping the worldwide economy, humanitarianism, and politics. Moreover, a considerable lot of these billionaires are founders and partners of some of the World’s biggest technology giants, with a lot of their wealth invested in several other ventures. With such a great deal of their wealth in public stocks, the total assets of the most extravagant can change with market valuations. For instance, Meta Platforms Inc. CEO and founder Mark Zuckerberg dropped out of the top 10 back in February 2022, when Meta’s share price dropped after a frustrating profit report. Zuckerberg’s total asset is below $54 billion currently.

However, Elon Musk, CEO and founder of Tesla Inc., saw his total assets rise in 2021 thanks to the increase in Tesla’s share price, where he right now possesses 16% of the entire company) — with Tesla shares rising almost half in 2021. With that, here are the Top 10 Richest People in the World.

Top 10 Richest Person in the World 2022 (Updated)

#1. Elon Musk

Born on June 28, 1971, in Pretoria, South Africa, Elon Musk is the World’s richest person, with a net worth of $221.4 Billion (USD). He is an angel investor, Product Architect, and the CEO of Tesla, Inc., founder, Chief Engineer, and the CEO of SpaceX, founder, and co-founder of The Boring Company and Neuralink and OpenAI, respectively. In addition, he recently purchased Twitter for around $44 billion.

#2. Bernard Arnault and Family

The President and CEO of LVMH – France, Bernard Arnault, is today the second richest person in the World. His net worth is $ 139.13 billion due to his business in an empire of over 70 brands, including Louis Vuitton and Sephora. French businessman and Europe’s richest man, Bernard Arnault, made a $ 100 billion fortune last year in December.

#3. Jeff Bezos

Jeff Bezos Amazon founder and CEO Jeff Bezos has a net worth of $ 133.4 billion and today ranks as the third richest person in the World. Bezos founded the giant Amazon in 1994 in his garage in Seattle. The e-commerce giant has reaped the rewards of this coronavirus pandemic, with more people shopping online. His position remains the same even after he divorced his wife MacKenzie in 2019 and transferred a quarter of his stake in Amazon to her.

#4. Bill Gates

Bill Gates, the co-founder of the Bill and Melinda Gates Foundation, has a net worth of $ 122.4 billion. Having founded software giant Microsoft alongside Paul Allen, Bill Gates ultimately sold a large portion of his stakes in the company, keeping only 1% of the shares and investing the rest in stocks and other assets. So when Microsoft’s stock price rose after earnings, Bill Gates joined the $100 billion club last year in April. Today, the Bill & Melinda Gates Foundation is the largest private charitable foundation in the World.

#5. Warren Buffet

Warren Buffet, popularly known as the Oracle of Omaha, is regarded as one of the most successful investors of all time. He runs Berkshire Hathaway, which owns more than 60 companies, including the famous Geico, Insurance, Dairy Queen Restaurant, and Duracell. As the son of a United States Congressman, he bought his first stock at the age of 11. Today, his net worth is $ 100.9 billion.

#6. Gautam Adani and Family

Gautam Adani, the promoter of the Adani Group, sold his multimillion-dollar business fortune in agriculture, energy, aerospace, logistics, and other sectors. Adani is Asia’s richest man because the Adani Group is a multinational corporation dealing with port operations and developments in India.

#7. Mukesh Ambani

Mukesh Ambani, a Stanford dropout, has been one of Asia’s richest men for more than a decade. He is the owner and president of Reliance Industries, which, according to Forbes, generates more than $ 74 billion in revenues.

#8. Larry Ellison

Larry Ellison has a net worth of $ 95.9 billion, which he earned from Oracle, the software company he co-founded in 1977. He stepped down as CEO of the company in 2014 and has since served as chief technology advisor and board chairman. Since December 2018, Ellison has also served on Tesla’s board of directors after buying 3 million shares earlier that year. Additionally, he owns almost the entire Hawaiian island of Lanai.

#9. Larry Page

The co-founder of Google, Larry Page, has a net worth of $95 billion and ranks ninth among the richest people in the World. He has also invested in Planetary Resources, the famous space exploration company, and is also funding startup companies Kitty Hawk and Opener and “Flying Car.”

#10. Sergey Brin

Alphabet co-founder and board member Sergey Brin has a net worth of $ 91.4 billion, making him the 10th richest person in the World. He co-founded Google with Larry Page in 1998, which went public in 2004, and became Alphabet in 2015.