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Top 10 Richest People In the World (According to the Forbes World's Billionaires List) - YouTube
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Top 10 Richest People In the World
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In 2020, there were reportedly 2,095 billionaires
on Earth, with an estimated total net worth of $8
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trillion. Of this amount, the top 10 wealthiest
people in the world account for $1,153 billion,
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or roughly 14.41%, which is impressive when
you consider that they represent around 0.48%
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of billionaires. Below are the 10 individuals
currently considered the wealthiest at the time
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of updating this article—May 2021—according
to the Forbes World's Billionaires List.
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10. Mukesh Ambani - 77.3 billion
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Indian businessman Ambani is chairman
of Reliance Industries Ltd - India's
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most valuable company by market value.
The founder chairman of Reliance Industries,
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Mukesh Ambani has a net worth of $ 77.3 billion.
He runs the biggest oil and gas companies in India
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in addition to a very popular and
influential telecom network in India.
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9. Sergey Brin - $93.2 billion
Sergey Brin stepped down as
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president of Alphabet, parent company
of Google, in December 2019 but remains
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a controller shareholder and a board member.
The co-founder and board member of Alphabet,
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Sergey Brin has a net worth of $93.2 billion
which ranks him in the tenth position among
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the world’s richest persons. He co-founded Google
along with Larry Page in 1998 which went public
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in 2004 and became Alphabet in 2015. Brin is
reportedly funding a high-tech airship project.
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8. Larry Page - $96.1 billion
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Internet entrepreneur Page is one of the
co-founders of Google. He stepped down as
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CEO of Google’s parent company Alphabet Inc.
in December 2019 but remains a board member.
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Larry Page, the co-founder of
Google has a net worth of $96.1
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billion and ranks in the ninth position
among the world’s richest persons.
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He has also invested in Planetary Resources,
the famed space exploration company,
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and is also funding “Flying Car”,
startup companies Kitty Hawk and Opener.
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7. Larry Ellison - $98.5 billion
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The American business magnate is co-founder,
chairman and chief technology officer of Oracle.
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He owns around 35.4% of the software giant.
Larry Ellison has a net worth of $98.5
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billion which he earned from Oracle, the software
firm he cofounded in 1977. He quit as the CEO of
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the company in 2014 and since then he functions
as the chairman of the board and chief technology
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advisor of the company. Ellison has also been
on the board of Tesla since December 2018
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after he purchased 3 million shares earlier that
year. He owns nearly all of Hawaiian island Lanai.
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6. Warren Buffet - $99.8 billion
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Popularly known as the Oracle of Omaha, Warren
Buffet is seen as one of the most successful
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investors of all times. He runs Berkshire Hathaway
that owns over 60 companies including the famous
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ones Geico insurance, Duracell, Dairy
Queen Restaurant. His net worth is $99.8
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billion. The son of a US congressman, he
bought his first stock at the age of 11.
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Now in his ninth decade, the
Berkshire Hathaway chief executive,
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known as the “Oracle of Omagh”, is one
of the most successful investors of
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all time. Like Gates, he has pledged to give
away more than 99% of his fortune to charity.
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5. Mark Zuckerberg - $111.6 billion
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Zuckerberg made his fortune after launching
Facebook in 2004 at the age of 19,
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while studying psychology and computer
science at Harvard University.
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The co-founder, CEO and chairman of Facebook,
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Mark Zuckerberg champions the social network
that has become a go-to communications avenue
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today. His net worth is $111.6 billion and today
he owns about 15% stakes in Facebook after the
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firm went public in May 2012. Mark Zuckerberg
is the youngest billionaire. His net worth
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zoomed past the $100 billion mark .
4. Bill Gates - $129.2 billion
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The co-founder of Bill & Melinda Gates
Foundation, Bill Gates has a net worth of $129.2
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billion. Having founded the software
giant Microsoft along with Paul Allen,
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Bill Gates eventually sold away much of his
stakes in the company retaining just 1% of the
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shares and investing the rest in stocks and other
assets. Bill Gates entered the $100 billion club
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last year in April when Microsoft
share price surged post-earnings.
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The Bill & Melinda Gates Foundation is the
world’s largest private charitable foundation.
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The Microsoft founder has been a permanent
fixture near the top of the rich list for
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the past 20 years, despite selling and
then giving away much of his stake in the
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company. He now owns just 1% and focuses
predominantly on his philanthropic work.
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3. Bernard Arnault & Family - $163.7 billion
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Arnault is the wealthiest European on the list.
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The Frenchman oversees an empire of more than
70 brands including Louis Vuitton and Sephora.
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LVMH – France Chairman and CEO Bernard
Arnault rank third in the world in terms of
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riches. His net worth is $163.7 billion
ensuing from his business across an
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empire of more than 70 brands including Louis
Vuitton and Sephora. French businessman and
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Europe’s richest man Bernard Arnault earned
the $100 billion fortune last year in December.
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2. Elon Musk - $169.9 billion
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Musk is the CEO of Tesla and the founder and CEO
of SpaceX. He divides his time between SpaceX,
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Tesla and projects like Hyperloop, a
proposed ultra-high-speed train line.
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Elon Musk is working to revolutionize
transportation both on Earth, through electric car
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maker Tesla - and in space, via rocket producer
SpaceX. Elon Musk's rocket company is now valued
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at nearly $100 billion, currently, his net worth
is $169.9 billion. Musk’s rocket company, SpaceX
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is now valued at nearly $100 billion. Tesla has
become the world’s most valuable automaker with a
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market capitalisation of $342 billion in Feb 2021.
1. Jeff Bezos - $188.5 billion
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Amazon founder and CEO Jeff Bezos has a net
worth of $188.5 billion and ranks as the
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first richest person on the earth today. His
position remains the same even after divorcing
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his wife MacKenzie in 2019 and transferring
a quarter of his stake in Amazon to her.
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Bezos founded the behemoth Amazon in
1994 out of his garage in Seattle.
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The e-commerce giant has reaped the
benefits of this coronavirus pandemic,
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with more number of people shopping online.
Jeff Bezos has invested heavily in space
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technology too, and also owns The Washington
Post newspaper. It was announced that he
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will step down as Amazon CEO in Q3 2021 and
transition to a new role of executive chair.
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