Top 5 Richest Americans On Forbes 400 List

This is an addition of 6,000 crore rupees ($791 million) every week of the year. The cumulative addition to his wealth in 2021 has been more than that of the world’s top three billionaires Elon Musk, Jeff Bezos, and Bernard Arnault. Google LLC co-founder Larry Page is fifth on the list, with a net worth of $123 billion. Jim, Alice and Rob Walton (about $44 billion each) – The heirs of Walmart founder Sam Walton combine to own about half of the company’s stock. The world’s five richest tech tycoons have collectively lost about $85 billion in 2022. While the total number of billionaires fell, 40% of those who remained got richer.

In comparison, Musk, the world’s richest man, has lost $62 billion, while Gates has lost a comparatively modest $12.5 billion. Facebook founder Mark Zuckerberg, four years after starting the company, joined the list at 23 to become the youngest self-made billionaire. In June 2010, Gates and Buffett announced the Giving Pledge, a promise to give the majority of their wealth to philanthropic causes.

The rich businesswoman started her business career from her family’s business, trading and transportation before opening a company, Plot Enterprise Group, in Ivory Coast and Ghana. The Irani family is jointly the sixth richest man in Ghana in the list of Ghana’s top richest men and women. The famous businessman owns the largest shares in Finatrade, one of the largest food manufacturing and distribution companies in West Africa. He acquired most of his wealth through Jonah Capital owning 78% of the Jonah Capital. His investments increased his net worth to become one of Ghana’s richest men and women.

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As of 2022, Bernard Arnault’s net worth is estimated to be $177.7 billion. Mark Zuckerberg has regained the significant net worth loss he suffered after the Cambridge Analytica data scandal and various other issues causing the Facebook stock prices to fall. Facebook has become the most popular and most valuable social media company in the world. And it all started in Mark’s dorm room at Harvard University. As of 2022, Bill Gates’ net worth is estimated to be $132.5 billion.

Its vast resources have poised it to rank as a middle-income country. The Forbes World’s Billionaires list includes 2,208 people from all over the world whose fortunes are calculated to be at least $1 billion. Spaniard Amancio Ortega, the founder of clothes retailer Zara, dropped to 6th place after losing $1.3 billion, his fortune now calculated at $70 billion. Facebook creator Mark Zuckerberg rounds out the top-5 list, with a net worth of $71 billion. Fellow Google cofounder Sergey Brin stepped down as president of Alphabet, parent company of Google, in December 2019 but remains a controller shareholder and a board member. The Adani Group is India’s largest closely-held thermal coal producer and coal trader.

• He is chairman and CEO of the multinational holding company, “Berkshire Hathaway” which is the proud owner of more than 60 companies.
• Even so, Arnault’s wealth is down $10.5 billion this year, with LVMH share prices down 5% amid a broader market rout.
• In January 2021, LVMH completed a deal for American jeweler Tiffany & Co for $15.8 billion, believed to be the biggest luxury brand acquisition ever.
• In fact, the urban population just overtook the rural population for the first time in 2007.
• He is currently known as the most powerful personality of Pakistan and his net worth is $2.5 Billion.
• The top 10 had a combined wealth of $406 billion, up from $342 billion in 2010.

Just 7% of the city is zoned for residential use, which pushes many of its citizens into sub-100 square feet micro apartments. These housing units offer grim living standards and are often referred to as “coffin homes”. The scarcity of real estate is driven by trends such as urbanization, which is the migration of people into cities. While the first examples of cities were built thousands of years ago, it was only recently that the majority of the population began to live in them. In fact, the urban population just overtook the rural population for the first time in 2007. Third on the list is Bernard Arnault, CEO of the luxury brand conglomerate Louis Vuitton Moët Hennessy , which owns Louis Vuitton, Dior, Fendi, Loro Piana, and Bulgari. Arnault is the wealthiest person in Europe, and actually even became the wealthiest in the world for a brief stint in May.

Top 5 Richest French People In The World

He was once ranked as the second richest person in Ghana behind the former richest man in Ghana, late Charles Ampofo. He started his business in Dubai in earlier 60’s and achieved lot of success. He has even expanded his business in the shape of outlets in Islamabad, Karachi and Dubai and run more than 40 outlets which deals in gold.

To coincide with the release of the 2012 list, Forbes announced a then-new «Billionaire Real-Time Ticker» updating the wealth https://www.bookstime.com/ of the world’s top 50 billionaires in real time. The United States had 492 billionaires on the list, the most of any country.

How Many Of These People Did You Initially Expect To Be On This List Of The Richest People In The World? Leave A Comment Below

Furthermore, he briefly surpassed his brother Jim recently on this list of the world’s richest people. If you have been looking around to find out the world’s richest people, keep scrolling as we have compiled a list of the top 10 richest people in the world in 2022 as of 4th February. Ranked #319 on the list, Kirsh’s net worth has risen significantly in the last two weeks due to an increase in the value of his most valuable asset, Jetro Holdings.

However, he’s one of the only individuals on this list whose net worth hasn’t increased in Q2 and Q3 of 2021, which has pushed him down to 21st. Koch Industries now includes process and pollution control equipment and technologies; polymers and fibers; minerals; fertilizers; commodity trading and services; forest and consumer products; and ranching. Julia Koch is the widow of David Koch, who passed away in 2019. David owned a 42% stake in Koch Industries, with his brother Charles also owning 42%. After his death, Julia and her three children inherited David’s 42% stake in the conglomerate. He co-founded search engine giant Google more than two decades back in 1998 along with Larry Page.

Mukesh Ambani is an Indian business magnate, currently chairman, managing director, and largest shareholder of Reliance Industries Limited . As of 2022, Amancio Ortega’s net worth is estimated to be $78.8billion.

The reverse is true when rates rise, putting pressure on corporate earnings and equity valuations. In March 2022, the Fed raised interest rates for the first time since 2018. Growth stocks historically tend to outperform when interest rates are declining. When the price of capital is low, companies borrow and expand operations at a lower cost.

For more than 3 decades he has been included in the list of the world’s wealthiest people compiled by Forbes. He is also co-founder of the world’s largest private charitable foundation, “Bill and Melinda Gates Foundation”. Bill Gates entered the elite $100 billion club in 2020 when Microsoft shares reached record highs post robust earnings. Jeff Bezos slipped to the third position this year after being the world’s richest for the fourth year running. Celebrity CEO Elon Musk is now the world’s richest person due to an unprecedented rise in the share price of Tesla Inc.

The Richest People In America 2021

Year-to-date, technology sector funds have seen almost $7 billion in net outflows. In January, investors shed a record $23 billion from large growth funds, the highest level since 2017. This trend continued in February as investors sought out lower-risk investments. The following table lists the number of square feet that you could buy with one million dollars in various top 5 richest people cities. We’ve included more cities on this list than in the graphic to create a more comprehensive comparison. Oxfam projects that by 2030, 3.3 billion people will be living on less than $5.50 per day. Most of these people came up on the horizon of the wealth due to the hard work, wisdom and their farsightedness; further, they are blessed with the Goddess of wealth.

He was CEO of Microsoft for 14 years from 2000 to 2014 who started his career with Microsoft in 1980. He is also the owner of the LA Clippers of the National Basketball Association. His business empire is diversified across more than 70 brands including Louis Vuitton and Sephora.

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Nabil Edmond Moukarzel has made it to our list of top richest men and women in Ghana in 2021 due to his amazing net worth of $900 million. Nabil Edmond Moukarzel is the 3rd richest man among the top ten richest men and women in Ghana. There are many people in out country who have made Pakistan as one of the developing countries in the world with their skills,tributes and experiences. Pakistan is not counted in the numbers of very rich countries because its being targeted by Terrorism and has no Continuous development. Though, Pakistan is ranked amongst the poorest countries in the world. However, there are still some rich Personalities present in Pakistan.

He’s also the founder of Tencent, which is the most valuable company in Asia. Gautam Adani holds a majority stake of 74% in most of his group companies barring a few that are listed on Indian stock exchanges. His group companies are Adani Enterprises Limited, Adani Ports and SEZ Limited, Adani Power, Adani Transmission & Adani Green. Warren Buffet also referred to as the Oracle of Omaha in the finance world, is one of the most successful investors on planet earth.

You can click on any of the buttons below to follow us on our social media channels; or to get in touch with the founder, Dan Western, head over to the ‘contact’ page. How many of these people did you initially expect to be on this list of the richest people in the world? As of 2022, Elon Musk’s net worth is estimated to be $79.4 billion, which means his net worth has more than doubled this year, after a ridiculous jump in Tesla stock prices between April and August. No doubt, Google has become the most successful search engine in the world, and the company has gone on to make various acquisitions such as YouTube. Google’s success has made Larry Page one of the richest people in the world. Although he’s dropped a few places over the past few years, Warren Buffett is the 9th richest man globally, with an incredible net worth of $103.6 billion.

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His $6.5 billion net worth still places him as the fifth-richest billionaire in Africa and Egypt’s richest man. However, he’s now almost $14 billion behind Africa’s richest man, Aliko Dangote, whose net worth ($20.1 billion) has surged since the start of the year due to an increase in the stock price of Dangote Cement.

I am the richest person in the world because I’m content with what I have. I do not have much, in fact it may be laughable to someone but I tell you I feel I’m richer than Bill Gates and Warren Buffet.

The losses sent the fortune of the world’s richest person, Elon Musk, down to an estimated $243 billion — some $27 billion lower than at the start of the year, according to the Bloomberg Billionaires Index. It’s also nearly $100 billion lower than November, when Musk’s net worth peaked at $335 billion. The total wealth of billionaires actually fell to $12.7 trillion this year, down from a record $13.1 trillion in the 2021 list. Of course, certain cities simply hold more appeal for wealthy people, and as a result, competition in the prime real estate market can be fierce. Who are these ultra-wealthy individuals, and what’s the source of their wealth? Here’s a look at the top 10 richest people on the planet, and how they’ve made their billions. To start with, this is touching and I will say what I have seen in this website, it’s gonna give people good vibes and spur them up.

In January 2021, LVMH completed a deal for American jeweler Tiffany & Co for $15.8 billion, believed to be the biggest luxury brand acquisition ever. In the company registration process, he mentioned “making money” under the section – “What will the company be doing? The Adani Group, meanwhile, plans to invest $70 billion over the next decadeacross renewable energy generation, component manufacturing, transmission, and distribution. The group is already theworld’s largest solar power developer. The 59-year-old Adani’s rise has been spectacular—the past decade saw a 1,830% rise in his wealth, according to the 2022 M3M Hurun Global Rich List.

Biggest Billionaires: The Top 10 Richest People In The World

As of 2022, Rob Walton’s net worth is estimated to be $67 billion. As of 2022, Zhong Shanshan’s net worth is estimated to be $65.9 billion. As of 2022, Gautam Adani’s net worth is estimated to be $65.8 billion. Adani is the founder and current chairman of the Adani Group, an Ahmedabad-based multinational conglomerate involved in port development and operations in India. As of 2022, MacKenzie Scott’s net worth is estimated to be $57.5 billion.

In the fall of 2021, for instance, Elon Musk was said to be the first person worth more than $300 billion. Less than six months later, on Feb. 25, 2022, to be exact, the Bloomberg Billionaires Index had Musk down to a relatively meager $209 billion. Early 2022 stock performances weren’t kind to Facebook co-founder Mark Zuckerberg’s Meta fortune, either. Warren Buffett is once again one of the five richest people in the world.

As of 2017, the pledge had 158 signatories, but some of the signatories have since died. Most of the signers of the pledge are billionaires, and their pledges total over $365 billion. This was the first time after 12 years that Carlos Slim was not within the top five.