France Chairman and CEO Bernard Arnault is the first richest person on the earth. His net worth is $193 billion resulting from his business across an empire of more than 70 brands including Louis Vuitton and Sephora.
Musk is the CEO of the electric car company Tesla, rocket firm SpaceX, and social media company Twitter. He owns about 25% of Tesla between stock and options but has pledged more than half of his stock as collateral for loans. The car company still makes up more than half of its fortune.
Each year’s list of the world’s richest people may have a different set of names, depending on the fortunes of its members. The list can vary depending on net worth and financial performance.
According to Forbes, billionaires are some of the most powerful people on Earth, wielding significant influence over huge parts of the global economy and playing key roles in everything from international politics and media to philanthropy and scientific innovation
Everyone is motivated by a desire to achieve heights of financial success, and maintain a confident outlook. If you have a strong passion, dedication, and continuous effort you can achieve financial freedom and can become the richest person too. Nothing in the world can stop you from achieving your dream when your willpower is strong.
They created companies that employ tens or even hundreds of thousands of employees around the world and are behind some of the best-known brands including Microsoft, Amazon, Tesla, Google, and Nike. The majority are self-made. Others like Bernard Arnault and Rupert Murdoch had a bit more of a leg up but expanded their fortunes greatly and went on to create empires in their respective industries.
The individuals who top the list of the wealthiest people in the world may alter annually depending on their most recent net worth and financial achievement.
France Chairman and CEO Bernard Arnault is the first richest person on the earth. His net worth is $193 billion resulting from his business across an empire of more than 70 brands including Louis Vuitton and Sephora. French businessman and Europe’s richest man Bernard Arnault earned a $100 billion fortune last year in December.
Musk is the CEO of the electric car company Tesla, rocket firm SpaceX, and social media company Twitter. He owns about 25% of Tesla between stock and options but has pledged more than half of his stock as collateral for loans. The car company still makes up more than half of its fortune. He bought Twitter for $44 billion in October 2022 and owns an estimated 74% of the social media company.
With a total fortune of about $126.3 billion, Jeff Bezos, the founder and current CEO of Amazon, holds the position of the fourth richest person on the planet. His viewpoint has not changed, he and his wife, MacKenzie, filed for divorce in 2019, and he transferred some of his Amazon shares to her.
Larry Ellison cofounded the software firm Oracle in 1977 and ran it as CEO until 2014; he now serves as chairman and Chief Technology Officer of the company. Over the years Oracle has made a series of large acquisitions, buying Sun Microsystems in 2010.
Warren Buffett ranks Fifth on the list with a net worth of $108.5 billion. Berkshire Hathaway is led by Warren Buffett, who holds the position of chairman. Includes Duracell Insurance, Zico Dairy, Queen Food Chain, etc., among its more than 60 businesses.
The co-founder of the Bill and Melinda Gates Foundation, Bill Gates has a net worth of $104.5 billion. Having founded the software giant Microsoft along with Paul Allen, Bill Gates eventually sold away much of his stakes in the company retaining just 1 percent of the shares and investing the rest in stocks and other assets
Carlos Slim Helu and his family control América Móvil, Latin America’s biggest mobile telecom firm, with operations in at least 15 countries. Slim and some foreign telecom partners acquired Telmex, the government-owned phone company, in 1990. Telmex became a part of América Móvil.
As per Forbes’ estimates, Larry Page, co-founder of Google and the 9th wealthiest person in the world, is trusted to have a total wealth of $85.8 billion. Additionally, he has created funding for Planetary Resources, a famous space exploration association, also as the startup companies “Flying Car,” Kitty Hawk, and Opener.
The creator and chairman of Reliance Businesses have holdings in many industries, involving petrochemicals, oil and gas, retail, and telecommunications. The introduction of Reliance’s 4G phone services into the Indian telecom market in 2016 caused a cost war to break out, disrupting the business models of other networks and producing huge whirlwinds.
The co-founder and board member of Alphabet, Sergey Brin has a net worth of $82.2 billion which places him in the ninth position among the world’s richest persons. He co-founded Google along with Larry Page in 1998 which went public in 2004 and became Alphabet in 2015.
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