Top 10 Richest People In The World 2022

top 5 richest people

Elon Musk, the celebrity CEO of Tesla Inc and SpaceX is the richest man on planet earth and the first individual to cross $300 billion net worth recently in November 2021. He is the mastermind behind the revolutionization of transportation not only on Earth but also in Space. India added 38 to solidify its third place, whilst the UK overtook Germany for fourth. Russia dropped down one place to 8th with 72 billionaires, down 13, on the back of the collapse of the rouble and sanctions since the Russia-Ukraine war. A further 20 Russia-born billionaires live across the world, with 7 in the UK and 5 in Switzerland. Although Hermes enjoyed record sales growth of 42%, profitability took a hit because of the higher costs of artisans and supply not being able to meet demand.

top 5 richest people

This figure includes individuals who share their net worth with their spouse, according to Forbes. There were 327 female billionaires in 2022, down from 328 last year. A vastly improved search engine helps you find the latest on companies, business leaders, and news more easily. Gas prices in the U.S. have hit record prices amid supply pressures from the war. Unlike growth funds, value funds tend to outperform when interest rates are rising. Over the last decade, growth funds, marked by low-margins and high valuations have shown stronger performance than value.

Larry Page U S

Another one of the most famous scandals was the Banier-Bettencourt case; where Liliane Bettencourt proceeded to gift huge sums of money to a friend. Her daughter accused the friend of abusing of her mother’s weakness. For a long time, he even preferred not disclosing the accounts of his company and paying the fines demanded by French law; then the law was toughened and he had to start disclosing his finances.

top 5 richest people

Georgia, Morocco, and Peru were newly represented on the list. Falling stock prices in Asia contributed to 117 former billionaires falling from the list worldwide. He is currently the Prime Minister of Pakistan and the leader of country’s largest political party Pakistan Muslim League .

Top 10 Richest Men In Ghana 2021

The list also featured a record number of newcomers, 210, representing 42 countries. 60 people from the 2012 list fell below a billion dollars of assets in 2013, and eight others from the 2012 list died. The Asia-Pacific region had the most drop-offs, with 29, followed by the United States with 16. The 2013 list featured top 5 richest people 138 women, of which 50 came from the United States. A majority of the list were entirely self-made; 184 inherited their wealth, and 281 achieved their fortune through a combination of inheritance and business acumen. Vietnam’s Phạm Nhật Vượng was the first person from that country to be included in this list.

In line with other luxury brands, Hermes increased the price of its products by 3.5% against the usual average of 1.5%. Microsoft has grown to become a $2.2 trillion business, briefly overtaking Apple for the title of the world’s most valuable company. Microsoft has been expanding its gaming business in the build up to the metaverse, with a world-beating $69 billion acquisition of gaming giant Activision Blizzard. This month Ballmer announced a $425 million donation to the University of Oregon. Ex-wife Melinda French Gates made to the Hurun Global Rich List for the first time in her own right with $11 billion. Apple, Microsoft, Applied Materials, Intel and Nutrien represent 10% of Cascade’s portfolio at the end of 2021, up 25%. Julia Koch, a former assistant to fashion designer Adolfo, is the widow of David Koch, whose family conglomerate is one of the largest privately held companies in the United States.

Larry Page is the co-founder of Google, which was founded back in a garage in 1998. Larry Ellison is the co-founder of the Oracle Corporation, and he was also the company’s CEO until September 2014. Ortega was once the 5th richest man in the world; however, he’s recently lost almost $20 billion of it, or 25%, which is one of the most significant losses in 2021 thus far. Amancio Ortega is a Spanish entrepreneur and founder of the Inditex fashion group. Inditex owns Zara, and Zara is one of the most popular clothing chains worldwide.

Bill Gates Net Worth

I’ll say “elon musk” but am happy to see the current list above too and I pray those who wish to get there will get there. Mark Zuckerberg is now the 4th richest man in the world, with an estimated net worth of $136.8 billion. Sergey Brin and Larry Page co-founded Google back in 1998 in just a small, simple garage. The duo has taken Google to the top, putting Sergey Brin a couple of spots behind Page in this list of the richest people worldwide. As of 2022, Francoise Bettencourt Meyers’ net worth is estimated to be $92.2 billion, making her the richest woman in the world. Bill Gates is an American business tycoon, software developer, author, and philanthropist with a net worth of $132.2 billion.

  • The 3rd richest French person in the world, François Pinault is close to a star here in France.
  • As of 2022, Amancio Ortega’s net worth is estimated to be $78.8billion.
  • For some context, that’s roughly the same size as Australia’s GDP.
  • His business empire is diversified across more than 70 brands including Louis Vuitton and Sephora.

Mukesh Ambani chairs and runs $74 billion Reliance Industries, which has interests in petrochemicals, oil and gas, telecom and retail. In 2016, Reliance sparked a price war in India’s hyper-competitive telecom market with the launch of 4G phone service Jio. During the Covid-19 lockdown, Ambani raised more than $20 billion selling a third of Jio to a string of investors, such as Facebook and Google. Bill Gates and Melinda French Gates, now divorcing, chair the Bill & Melinda Gates Foundation, the world’s largest private charitable foundation. The Bill and Melinda Gates Foundation, with an endowment of nearly $50 billion, donates about $5 billion annually to causes around the world. Last year, it donated $1 billion to combat COVID-19 through the administering of vaccines. One of the world’s ultimate taste-makers, Bernard Arnault oversees an empire of 70 brands including Louis Vuitton and Sephora.

China had the second most billionaires with 152, while Russia was third with 111. Algeria, Lithuania, Tanzania, and Uganda were all represented on the list for the first time. Turkey saw the most people drop off the list, 19, due to a period of high inflation in the country. Emmanuel Besnier’s name might be unknown to you, because he does everything in his power to remain https://www.bookstime.com/ in the shadows. He is the head of Lactalis, a top cheese conglomerate; and with a fortune estimated at 14.7 billion dollars, he is the fifth richest French person in the world. The famous businessman has invested in different areas of the Ghanaian economy, which helped him earn huge money to become the fourth richest man among the top ten richest men and women in Ghana.

Bill Gates Net Worth: $124 Billion

In the 1960s, Pinault started business in the timber industry, and the company was taken public in 1988. Ma Huateng is a Chinese business magnate, investor, philanthropist, engineer, internet, and technology entrepreneur.

Gates founded Microsoft in 1975 with Paul Allen and has since become the largest PC software company worldwide. As of 2022, Larry Page’s net worth is estimated to be $123.7 billion. Over the years, Oracle has become an incredibly successful tech company, now being 39 years old and employing over 136,000 people.

Zee Media Websites

Trasacco Estate Development Company, a subsidiary of Trasacco, has over $500 million invested in ongoing projects across Ghana. Read on to know more about the top 10 richest men and women in Ghana in 2021. The country also ranks as the worlds’ second-largest producer of cocoa.

  • Ranked #97, Aliko Dangote is Africa’s richest person and controls Dangote Industries, a closely held conglomerate.
  • Finally, positions in a publicly traded stock are priced to market on a date roughly a month before publication.
  • Larry Ellison is chairman, chief technology officer and cofounder of software giant Oracle, of which he owns about 35 percent.
  • He is also the owner of the LA Clippers of the National Basketball Association.
  • Bill Gates is an American business tycoon, software developer, author, and philanthropist with a net worth of $132.2 billion.
  • China continued to pull away from the USA in terms of billionaires, adding 75 to 1,133.

Interviews are conducted to vet the figures and improve the estimate of an individual’s holdings. Finally, positions in a publicly traded stock are priced to market on a date roughly a month before publication. Privately held companies are priced by the prevailing price-to-sales or price-to-earnings ratios. Known debt is subtracted from assets to get a final estimate of an individual’s estimated worth in United States dollars. Since stock prices fluctuate rapidly, an individual’s true wealth and ranking at the time of publication may vary from their situation when the list was compiled. Françoise Bettencourt Meyers, with a fortune of 42,2 billion dollars, is the world’s richest woman; and France’s second richest person. She is the unique daughter of famous Liliane Bettencourt, who was head of the iconic multinational company L’Oréal.

He owns Jacksonville Jaguars which worth $770 Million, plus a team in English Premier League ‘Fulham F.C’ which worth $300 Million and also He is the owner of Flex – N – Gate. His main source of earnings are from the business of Auto parts manufacturing. This statistic presents the estimated net worth of the 20 richest people in America as of 2021. At this time Jeff Bezos was the richest man in the United States, with an estimated net worth of 177 billion U.S. dollars. In year two of the pandemic, India’s richest increased their cumulative wealth by 50 percent. Mukesh Ambani remains the wealthiest Indian for the 14th year in a row—since 2008—adding $4 billion to his net worth in 2021.

The Kalmoni Family’s Source Of Wealth

Alice Walton is the daughter of Sam Walton and heiress to the Walmart fortune. She founded the Llama Company in 1988, but it has since closed down.

Well, hope that there is nothings wrong for being rich or poor. Suppose if all the peoples of this world becomes equally rich or poor, then will not the world stop functions its basic regular courses. That’s why doesn’t the rich one are just being rich for the poors and the poors are just being poor for the riches. As of 2022, Jeff Bezos’ net worth is estimated at $197.2 billion. As of 2022, Elon Musk’s net worth is estimated to be $190 billion.

Bernard Arnault & Family France

With the Ukraine crisis unfolding and rising interest rates on the horizon, investors are moving out of U.S. equity funds. Those are words from Harold Samuel, a British real-estate mogul from the 1900s.

Richest People In America

Aliko Dangote owns sub-Saharan Africa’s biggest cement producer, Dangote Cement, which had revenue of 891.7 billion Naira ($2.5 billion) in 2019. The top 10 added $235 billion over the year and are now worth $1.3 trillion or 9% of the total list. Steve Ballmer, 65, increased his net worth by $27 billion to break him into the ‘10-zero club’ for the first time on the back of his 4% stake in Microsoft. 48, of Alphabet shared sixth place, with each of their wealth up $39 billion to $116 billion.

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