The 10 richest people in the world 2022

Billionaires play an outsized part in shaping global frugality, politics, and philanthropy. Forbes puts the number of billionaires in the world at,668 in 2022.

The richest among them belong to an indeed more unrestricted club and have indeed further power. numerous of these billionaires are the authors of tech titans, with the importance of their wealth still invested in the companies they innovated.
Still, you can still adopt these means to avoid dealing shares while postponing( or barring for heirs at law) levies on unrealized capital earnings.

Billionaires can also take advantage of a range of duty deductions to neutralize reported income, so some on this list haven’t had to pay income duty in recent times.
Because the importance of their wealth is in intimately traded stocks, the net worth of the richest can change with request valuations. From ejemplo, Elon Musk, author and CEO of TeslaInc.( TSLA) and the persona más rica del mundo, vio aumentar su patrimonio neto en 2021 gracias al aumento en el prize of las acciones of Tesla( donde actualmente posee el 16 de the enterprise).) Tesla shares will rise nearly 50 in 2021.

In discrepancy, Meta PlatformsInc.( META) author and CEO Mark Zuckerberg fell out of the top 10 in February 2022 when Meta’s stock price fell after a disappointing earnings report. Zuckerberg’s net worth shrank by$ 66 billion in 2022.
Below are the 10 richest people in the world as of the same date according to the Bloomberg Billionaires Index.

1. Elon Musk

• Age: 50
• Residence: Texas
• Co-founder and CEO: Tesla
• Net Worth: $254 billion
• Tesla Ownership Stake: 16% ($130 billion)
• Other Assets: Space Exploration Technologies ($46.9 billion private asset), The Boring Company ($3.33 billion private asset), Twitter ($3.0 billion public asset), $11.2 billion in cash

Born in South Africa, Elon Musk attended college in Canada before transferring to the University of Pennsylvania, where he earned a bachelor’s degree in physics and economics. Two days after enrolling in a graduate physics program at Stanford University, Musk postponed his participation in the launch of Zip2, one of the first online browsing services. He reinvested some of the profits from this start-up to create X.com, the online payment system, which was sold to eBay Inc. (EBAY) and eventually became PayPal Holdings Inc. (PYPL).

In 2004, Musk became a top financier at Tesla Motors (now Tesla), leading to his current role as CEO of the electric vehicle company.
In addition to its line of electric cars, Tesla also produces energy storage devices, car accessories, and, through its 2016 acquisition of SolarCity, solar power systems. Musk is also the CEO and chief engineer of Space Exploration Technologies (SpaceX), a developer of space rockets.

2. Gautam Adani

• Age: 60
• Residence: Gurgaon, India
• Founder and Chair: Adani Group
• Net Worth: $123 billion
• Adani Enterprises, Power. and Transmissions Ownership Stakes: 75% each ($68.5 billion)
• Other Assets: 65% of Adani Ports & Special Economic Zone ($12.4 billion public asset), 61% of Adani Green Energy ($24.9 billion public asset), 37% of Adani Total Gas ($17.4 billion public asset)

Gautam Adani, the founder of Adani Group, overtook Mukesh Ambani as Asia’s richest person in March 2022. Adani holds significant interests in six major Indian companies through its ownership of Adani Group, including a 75% interest in Adani Enterprises, Adani Power, and Adani Transmissions and a 65% interest in Adani Ports & Special Economic Zone, 61% of which is the equity of Adani Green Energy and 37% of the capital of Adani Total Gas.

The combined market capitalization of the Adani Group companies is US$218.2 billion as of August 5, 2022. Adani entered the power generation market in 2009 with Adani Power. Adani founded Adani Enterprises in 1988 to import and export goods. In 1994, his company received permission to build a port facility at Mundra Port, now India’s largest private port.

Adani dropped out of school and previously worked in the diamond trade. Today, Adani owns the largest port operator, thermal coal producer, and coal trader in India. In 2020, he acquired a 74 percent stake in India’s second busiest airport, Mumbai International Airport. The billionaire was kidnapped in 1997 and held for ransom. Adani was also at the Taj Hotel in Mumbai during the 2008 terrorist attack.

3. Jeff Bezos

• Age: 58
• Residence: Washington
• Founder and Executive Chair: Amazon (AMZN)
• Net Worth: $165 billion
• Amazon Ownership Stake: 10% ($140 billion)
• Other Assets: Blue Origin ($9.15 billion private asset), The Washington Post ($250 million private asset), and $14.9 billion in cash

In 1994, Jeff Bezos founded Amazon.com in a Seattle garage shortly after he founded hedge fund giant D.E. Shaw left.
He originally pitched the idea of ​​an online bookstore to his former boss, David E. Shaw, who wasn’t interested.

Although Amazon.com started out selling books, it has since grown into a one-stop shop for everything under the sun and is arguably the largest retailer in the world. Amazon’s pattern of constant diversification is evident in some of its unexpected expansions, including acquiring Whole Foods in 2017 and entering the drugstore business that same year.

Bezos owned up to 16% of Amazon in 2019 before transferring 4% to his ex-wife MacKenzie Scott in divorce proceedings. In 2020, Amazon’s stock price rose 76% due to increased demand for online shopping amid the COVID-19 pandemic. On July 5, 2021, Bezos stepped down as CEO of the e-commerce giant and became its CEO.

4. Bernard Arnault

• Age: 73
• Residence: Paris, France
• CEO and Chair: LVMH
• Net Worth: $145 billion
• Christian Dior Ownership Stake: 97.5% ($119 billion total)
• Other Assets: Moelis & Company equity ($21.8 billion public asset), Hermès equity (undisclosed stake), and $10.3 billion in cash

Bernard Arnault, French, is Chairman and CEO of LVMH, the world’s largest luxury goods company. LVMH owns brands such as Louis Vuitton, Hennessey, Marc Jacobs, and Sephora. The bulk of Arnault’s fortune comes from his huge stake in Christian Dior SE, the holding company that controls 41.3% of LVMH.

His shares in Christian Dior SE and a further 6.2% in LVMH are held through his family holding Groupe Familial Arnault. Arnault, an engineer by training, first showed his business acumen working for his father’s construction company, Ferret-Savinel, and took over the business in 1971. He converted Ferret-Savinel into a real estate company called Ferinel Inc. in 1979.

5. Bill Gates

• Age: 66
• Residence: Washington
• Co-founder: Microsoft Corp.
• Net Worth: $118 billion
• Microsoft Ownership Stake: 1.3% ($29.1 billion)
• Other Assets: Cascade Investment LLC ($82.4 billion public assets), $55.6 billion in cash

While attending Harvard University in 1975, Bill Gates worked with his childhood friend Paul Allen to develop new software for the original microcomputers. Following the success of this project, Gates left Harvard in his freshman year and founded Microsoft with Allen.

Microsoft, the world’s largest software company, also produces its line of personal computers, publishes books through Microsoft Press, provides e-mail services through its Exchange server, and sells video game systems and related peripherals.

Gates, originally Microsoft’s chief software architect, became CEO in 2008. In 2004 he joined the Berkshire Hathaway Board of Directors.

On March 13, 2020, he resigned from both boards.

Bill Gates has a large portion of his net worth in Cascade Investment LLC. Cascade is a private investment vehicle that owns a variety of stocks including Canadian National Railway (CNR), Deere (DE), and Republic Services (RSG), as well as private investments in real estate and energy.

6. Larry Page

• Age: 49
• Residence: California
• Co-founder and Board Member: Alphabet
• Net Worth: $106 billion
• Alphabet Ownership Stake: 6% ($91.8 billion total)
• Other Assets: $14.6 billion in cash

Like several tech billionaires on this list, Page began his journey to fame and fortune in a college dorm. While attending Stanford University in 1995, Page and his friend Sergey Brin came up with the idea of ​​improving data mining from the Internet. The duo developed a new search engine technology they dubbed “backrub,” named for their ability to analyze “backlinks.” From there, Page and Brin founded Google in 1998, with Page serving as the company’s CEO until 2001, then again between 2011 and 2019.

Google is the dominant search engine on the web, accounting for over 92% of global searches.

In 2006, the company bought YouTube, the leading platform for user-submitted videos.

After acquiring Android, Inc. in 2005, Google released the Android operating system for mobile phones in 2008.

Google was reorganized in 2015 and became a subsidiary of Alphabet, a holding company.

7. Sergey Brin

• Age: 48
• Residence: California
• Co-founder and Board Member: Alphabet
• Net Worth: $102 billion
• Alphabet Ownership Stake: 6% ($87.3 billion total)
• Other Assets: $14.7 billion in cash

Sergey Brin was born in Moscow, Russia, and moved to the United States with his family in 1979 at the age of 6. After co-founding Google with Larry Page in 1998, Brin became Google’s Chief Technology Officer when Eric Schmidt took over the job. of the managing director. in 2001. He served in the same capacity at the holding company Alphabet after its inception in 2015 and resigned in 2019 when Sundar Pichai took over as CEO.

In addition to its dominant internet search engine, Google offers a range of online tools and services known as Google Workspace, including Gmail, Google Drive, Google Calendar, Google Meet, Google Chat, Google Docs, Google Sheets, Google Slides, and Google Play .more.

Google also offers a variety of electronic devices, including Pixel smartphones, computers and tablets, Nest smart home devices, and gaming platform stadia.

8. Warren Buffett

• Age: 91
• Residence: Nebraska
• CEO: Berkshire Hathaway
• Net Worth: $102 billion
• Berkshire Hathaway Ownership Stake: 16% ($113 billion)
• Other Assets: $1.1 billion in cash

The most famous living value investor, Warren Buffett, filed his first tax return in 1944 at the age of 14, declaring income from his childhood paper trail.
He first bought shares in a textile company called Berkshire Hathaway in 1962 and became the controlling shareholder in 1965. In 1967 he expanded the business into insurance and other investments. Today, Berkshire Hathaway is a single-share company with a market capitalization of $705 billion. Shares (Class A shares) trading above $439,000 on August 5, 2022.

Widely known as the “Oracle of Omaha,” Buffett is a long-term investor who has built his fortune by acquiring undervalued companies.
More recently, Berkshire Hathaway has invested in large, well-known companies. The portfolio of wholly owned subsidiaries includes interests in insurance, energy distribution, and rail transport as well as consumer goods. Buffett is a notorious bitcoin skeptic.

9. Steve Ballmer

• Age: 66
• Residence: Washington
• Owner: Los Angeles Clippers
• Net Worth: $99.3 billion
• Microsoft Ownership Stake: 4% ($90.3 billion total)
• Other Assets: Los Angeles Clippers ($3.2 billion private asset), $5.9 billion in cash

Steve Ballmer joined Microsoft in 1980 after Bill Gates convinced him to drop out of Stanford University’s MBA program. He was Microsoft’s 30th employee. Ballmer succeeded Gates as CEO of Microsoft in 2000. He held this position until his retirement in 2014. Ballmer oversaw Microsoft’s $8.5 billion purchase of Skype in 2011.

Ballmer owns about 4% of Microsoft, making it the software giant’s largest shareholder. In 2014, shortly after stepping down as Microsoft CEO, Ballmer bought the Los Angeles Clippers basketball team for $2 billion.

Ballmer lived in the same dorm and on the same floor as Bill Gates while the two attended Harvard University. The “sibling” relationship between the two became strained when Ballmer began pushing the tech company toward hardware like the Surface tablet and Windows phone during his tenure as CEO.

10. Larry Ellison

• Age: 77
• Residence: Hawaii
• Co-founder, Chair, and CTO: Oracle
• Net Worth: $96.1 billion
• Oracle Ownership Stake: 40%+ ($65 billion)
• Other Assets: Tesla equity ($13 billion public asset), $17.4 billion in cash, and real estate

Larry Ellison was born in New York to a 19-year-old single mother. After dropping out of the University of Chicago in 1966, Ellison moved to California and worked as a computer programmer. In 1973 he joined electronics company Ampex, where he met future partners Ed Oates and Bob Miner. Three years later, Ellison joined Precision Instruments and served as the company’s vice president of research and development.

In 1977, Ellison founded Software Development Laboratories (SDL) with Oates and Miner. Two years later, the company released Oracle, the first commercial relational database program to use the Structured Query Language.80 The database program proved so popular that in 1982 SDL changed its name to Oracle Systems Corporation. Ellison stepped down as Oracle’s CEO in 2014 after 37 years. He joined Tesla’s board of directors in December 2018.

Oracle is the second largest software company in the world, offering a variety of cloud computing programs as well as Java and Linux code and the Oracle Exadata computing platform.