Richest people in the World

Richest People In The World | 2022

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If you are looking for the top 10 richest people in the world, you are in the right place. The world has indeed lots of wealthy men and women who are all doing well in their businesses and also inspiring many to reach their stage. These are the Richest People in the World in 2022.

10. Mukesh Ambani

Age: 65
Owner: Reliance Industries

Residence: Mumbai, India
Net worth: $83.7 billion
Reliance Ownership: 42% (total $84.2 billion)
Other assets: Real estate $410 million

Mukesh Ambani is the chairman and managing director of Reliance Industries, the world’s largest oil refiner and the world’s most valuable company. The conglomerate was founded in 1966 by Ambani’s father Dhirubhai Ambani as a textile company and is now one of the leading segments of India’s economy. Reliance’s operations include petrochemicals, refining, oil and gas, retail and media.

Mukesh Ambani Chairman Reliance Industries at India CSR Network

09. Steve Ballmer

Age: 66

Net worth: $88.4 billion

Residence: Washington

Owner: Los Angeles Clippers

Microsoft ownership stake: 4% ($79.4 billion total)

Other assets: Los Angeles Clippers ($3.16 billion in personal assets), $5.8 billion in cash

Steve Ballmer joined Microsoft in 1980. He was the 30th employee of Microsoft. Ballmer succeeded Gates as Microsoft’s CEO in 2000. He held the position until his resignation in 2014. Ballmer oversaw Microsoft’s purchase of Skype in 2011 for $8.5 billion. Ballmer owns an estimated 4% of Microsoft.

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08. Sergey Brin

Age: 49

Net worth: $89.6 billion
Residence: California
Co-Founder and Board Member: Alphabet
Alphabet ownership stake: 6% ($75.4 billion total)
Other assets: $14.2 billion in cash

Sergey Brin was born in Moscow, Russia and moved to the United States with his family in 1979 when he was six years old. After co-founding Google with Larry Page in 1998, Brin became Google’s technology president in 2001 when Eric Schmidt took over as CEO. He held the same position after founding Alphabet Holdings in 2015, and stepped down in 2019 when Sundar Pichai took over as CEO.

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07. Larry Page

Age: 49

Net worth: $93.6 billion
Residence: California
Co-Founder and Board Member: Alphabet
Alphabet ownership stake: 6% ($79.5 billion total)
Other assets: $14.1 billion in cash

Larry Page began his path to fame and fortune in a college dorm room. While attending Stanford University in 1995, Page and his friend Sergey Brin came up with the idea to improve Internet data mining. The duo created a new search engine technology called Backrub, named after its ability to analyze backlinks. From there, Page and Brin went on to found Google in 1998, and Page served as the company’s CEO until 2001 and again between 2011 and 2019.

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06. Warren Buffett

Age: 92

Net worth: $98.2 billion
Residence: Nebraska
CEO: Berkshire Hathaway
Berkshire Hathaway’s ownership stake: 16% ($97.1 billion)
Other assets: $1.03 billion in cash

One of the most famous life value investors, Warren Buffett, filed his first tax return in 1944 at the age of 14, declaring earnings from his childhood paper trail.
He first bought a shares in textile company called Berkshire Hathaway in 1962, he becoming the majority shareholder by 1965. Warren expanded the company into insurance and other investments in 1967. Now Berkshire Hathaway is a company with a market value of 705 billion dollars. Warren Buffett is a One of the Richest people in the World list.

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05. Bill Gates

Age: 66

Net worth: $111 billion
Residence: Washington
Co-Founder: Microsoft
Microsoft ownership stake: 1.3% ($25.6 billion)
Other assets: Cascade Investments LLC (total assets $51.8 billion), cash $52.4 billion

While attending Harvard University in 1975, Bill Gates went to work with his childhood friend Paul Allen to create new software for early microcomputers. After the success of this project, Gates dropped out of Harvard during his junior year and went to found Microsoft with Allen.

Bill Gates holds most of his net worth in Cascade Investments LLC. Cascade is a privately held investment vehicle that owns various stocks, including Canadian National Railway (CNR), Deere (DE), and Republic Services (RSG), as well as private investments in real estate and energy.

Bill and Phoebe Gates August 2017 Courtesy Gates Family

04. Gautam Adani

Age: 60

Net worth: $125 billion
Residence: Gurgaon, India
Founder and Chairman: Adani Group
Adani Enterprises, Power. and Transmission Equity: 75% each ($72.4 billion)

Other assets: 65% of Adani Ports and Special Economic Zone ($12.2 billion public assets), 61% of Adani Green Energy ($24.5 billion public assets), 37% of Adani Total Gas ($16.2 billion public assets)

Gautam Adani, the founder of Adani Group, surpassed Mukesh Ambani as Asia’s richest man in March 2022. Adani, through its holdings in the Adani Group, holds major stakes in six major Indian companies, including 75% stake in Adani Enterprises, Adani Power and Adani Transmissions, as well as 65% stake in Adani Ports & Special Economic Zone, 61. % stake in Adani Green Energy, and 37% stake in Adani Total Gas.

Adani Group companies have a combined market capitalization of $238.4 billion (as on September 6, 2022). Adani entered the power generation market in 2009 with Energy. Adani created Adani Enterprises in 1988 to import and export goods.

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03. Bernard Arnault

Age: 73

Net worth: $141 billion
Residence: Paris
CEO & Chairman: LVMH (LVMUY)
Christian Dior ownership: 97.5% (total $111 billion)
Other assets: Moelis & Company shares ($21.3 billion in total assets), Hermès equity (undisclosed shares) and $8.9 billion in cash

Bernard Arnault is the chairman and CEO of France LVMH, the world’s largest luxury goods company. LVMH owns brands including Marc Jacobs, Louis Vuitton, Sephora and Hennessey.

Most of Arnault’s wealth comes from his massive stake in Christian SE, the holding company that controls 41.2% of LVMH.

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02. Jeff Bezos

Age: 58

Net worth: $144 billion
Residence: Washington
Founder and Executive Chairman: Amazon
Amazon ownership stake: 10% ($121 billion)
Other assets: Blue Origin ($9.15 billion in personal assets), The Washington Post ($250 million in personal assets) and $14.1 billion in cash

In 1994, Jeff Bezos founded Amazon.com in a garage in Seattle, where he met hedge fund giant D.E. Shortly after resigning from Show.

Although Amazon first started selling books, it has since become a one-stop shop for everything under the sun and is arguably the world’s largest retailer. Amazon’s pattern of constant diversification is evident in several of its unexpected expansions. Jeff Bezos is One of the Richest people in the World list.

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01. Elon Musk

Age: 51

Net worth: $228 billion
Residence: Texas
Co-founder and CEO: Tesla
Tesla ownership stake: 15% ($99.3 billion)
Other holdings: Space Exploration Technologies ($46.9 billion in private assets), The Boring Company ($3.33 billion in private assets), Twitter ($3.8 billion in public assets), $17.8 billion in cash.

Elon Musk was born in South Africa and attended university in Canada before transferring to the University of Pennsylvania, where he graduated with degrees in physics and economics. Two days after enrolling in a graduate physics program at Stanford University, Musk postponed his arrival to launch Zip2, one of the first online navigation services. He reinvested some of the proceeds from this startup to create X.com, which he sold to eBay ( EBAY ) and eventually became PayPal Holdings ( PYPL ).

In 2004, Elon Musk became a major funder of Tesla Motors, leading to his current position as CEO of the electric vehicle company.

In addition to its line of electric cars, Tesla also manufactures energy storage devices, automotive accessories, and solar power systems through its 2016 acquisition of SolarCity.

In April 2022, Musk began a campaign to take Twitter private, culminating in a $44 billion purchase. he planned to fund the deal with $21 billion of his own capital. Prior to the purchase announcement, Musk sold 9.6 million shares of Tesla, worth approximately $8.5 billion. Elon Musk is the Richest people in the World and Elon Musk is a genius.

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