The world’s billionaires are an exclusive and powerful club. They shape the global economy, politics, and philanthropy.
Forbes puts the number of billionaires in the world at 2,668 in 2022. The wealthiest among them belong to an even more exclusive club and wield even more power. Many of these billionaires are founders of technology giants, with much of their wealth still invested in the companies they started.
They can, however, still borrow against that wealth to avoid selling stock, deferring (or eliminating for heirs) taxes on unrealized capital gains in the process. Multi-billionaires can also take advantage of trusts and other legal structures to minimize taxation and preserve their fortunes for future generations. The 10 richest people in the world are:-
Elon Musk is an entrepreneur and business magnate who co-founded PayPal and Tesla Motors. He also founded SpaceX, and is now working on developing the Hyperloop.
Musk was born in South Africa in 1971. He showed an early interest in computers and technology, and at age 12 he created a video game called Blastar. He moved to Canada at age 17 to attend Queen’s University, and then transferred to the University of Pennsylvania two years later. He received bachelor’s degrees in economics and physics.
In 1995, Musk co-founded PayPal, an online payment system that was later acquired by eBay. He also founded SpaceX in 2002, and Tesla Motors in 2003.
Musk has been described as a “visionary” and “renegade.” He is known for his ambitious projects, such as developing the Hyperloop, a high-speed transportation system that could one day transport people from Los Angeles to San Francisco in just 30 minutes.
In April 2022, Elon Musk plans to take Twitter private in a deal valued at $44 billion. He plans to fund the buyout with $21 billion of his own capital. This deal comes after Musk sold 9.6 million shares of Tesla, valued at roughly $8.5 billion.
This move by Musk is seen as a way to further solidify his control over Tesla. By taking the company private, he will no longer have to answer to shareholders and can make decisions without worrying about the stock price. This could be a good thing for Tesla, as it will allow Musk to focus on the long-term vision for the company.
Jeff Bezos is an American entrepreneur and business magnate who is best known as the founder, chairman, and chief executive officer of Amazon.com, the world’s largest online retailer. He has also founded several other companies, including Blue Origin, a spaceflight services company.
As of March 2021, Bezos has a net worth of $200 billion, making him the richest person in the world.
In 2022, Bernard Arnault will continue to be one of the most successful businessmen in the world. He is the chairman and CEO of LVMH, the world’s largest luxury goods company. LVMH owns over 60 prestigious brands including Louis Vuitton, Christian Dior, and Hennessy. Under Arnault’s leadership, LVMH has seen extraordinary growth. In 2017, LVMH’s revenue reached a record $42.6 billion. Arnault is also the richest person in France with a net worth of over $70 billion.
In 2022, Bill Gates will be 77 years old. He will likely still be involved with Microsoft and philanthropy. He may also continue to invest in new technologies. Gates has a passion for technology and innovation, and he has been instrumental in developing some of the world’s most popular software and products. He is also a savvy businessman, and his investment strategies have made him one of the world’s richest men. Gates is an influential figure in the tech industry, and his opinion is highly respected. In the coming years, he will continue to be a driving force in the industry, shaping the future of technology.
In 2022, Gautam Adani was one of the most influential people in India. He was the chairman and founder of the Adani Group, one of the largest conglomerates in India. He was also the chairman of the Adani Foundation, a philanthropic organization. Adani was born in Ahmedabad, Gujarat, India, in 1955. He studied at the University of Mumbai and the Gujarat University. After working in various jobs, he started his own business in 1988. The Adani Group is now a leading conglomerate with interests in commodities, infrastructure, logistics, and energy.
Warren Buffett is an American business magnate, investor, and philanthropist. He is considered one of the most successful investors in the world and has a net worth of over $85 billion as of 2018. Buffett was born in Omaha, Nebraska, and began his investing career at age 11. He eventually started his own investment firm, Buffett Partnership, Ltd., in 1956. In 1965, he merged his firm with Berkshire Hathaway, an Omaha-based textile manufacturing company. Buffett has been the chairman and CEO of Berkshire Hathaway since 1970.
Larry Page is an American computer scientist and entrepreneur who co-founded Google with Sergey Brin. He is the current CEO of Alphabet Inc., Google’s parent company.
Early life and education
Larry Page was born on March 26, 1973, in East Lansing, Michigan. His father, Carl Victor Page, Sr., was a professor of computer science at Michigan State University, and his mother, Gloria, was an instructor in the same department. Page has a younger brother, Carl.
He became interested in computers at an early age; when he was just 12 years old, he created a software program that helped his father sort through the family’s medical records. He was also passionate about mathematics, and he competed in the International Mathematical Olympiad in 1989 and 1990.
Sergey Brin is one of the co-founders of Google. He is an internet entrepreneur and computer scientist who, together with Larry Page, created the search engine that changed the way we access information on the internet.
Brin was born in Moscow, USSR in 1973 and moved to the United States with his family when he was six. He showed an early aptitude for computers and programming, and went on to study computer science at Stanford University. It was here that he met Larry Page, and the two began working on a new way to search the internet that would later become Google.Today, Sergey Brin is one of the richest men in the world, with a net worth of over $50 billion.
Mukesh Ambani is an Indian business magnate who is the chairman, managing director, and largest shareholder of Reliance Industries Limited (RIL). He is also the chairman of Reliance Jio Infocomm Limited (RJIL), a 4G broadband mobile network operator in India. Ambani ranks among the richest people in the world with a net worth of US$51.4 billion as of March 2019.
He is the only Indian businessman on Fortune’s list of the “World’s Most Powerful People” for 2019, ranked at 36. In 2020, Ambani was ranked by Forbes as the ninth-richest person in the world with a net worth of $88.7 billion.
Steve Ballmer was born on March 24, 1956, in Detroit, Michigan. The son of a Swiss immigrant father and an American mother, Ballmer grew up in the Detroit suburb of Farmington Hills. He was a shy child and an average student, but he excelled at math and computers. After graduating from high school in 1973, he enrolled at Harvard University.
Ballmer’s college roommate was Paul Allen, who would later co-found Microsoft with Bill Gates. Ballmer and Allen bonded over their shared love of computers and programming. When Gates dropped out of Harvard to start Microsoft in 1975, Ballmer followed suit. He left Harvard without finishing his degree and joined Gates and Allen in Albuquerque, New Mexico, where Microsoft was headquartered at the time.
These are The 10 Richest People in the World .
The combined net worth of the 10 richest people in the world is US$1.52 trillion. The average net worth of these billionaires is US$151 billion. The median age of this group is 63 years old. The youngest billionaire on this list is 36-year-old Mark Zuckerberg, while the oldest is 87-year-old Warren Buffett.
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