Top 10 richest persons in the world in 2022
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Top 10 richest persons in the world in 2022
Billionaires have always played a major part in the world’s economy and politics. As these richest persons own a huge amount of wealth at their disposal, they play a decisive role in generating employment for millions of people besides backing the growth and development across different industry sectors. The wealthy class of the world has also contributed a great deal to philanthropy. As their growth and achievement are awe-inspiring, the richest persons are always among the hotly pursued topics on the internet.
According to Forbes, there are around 2,755 billionaires in the world in 2022. The majority of these affluent people are the founders of technology firms. A major portion of their wealth is found invested in these enterprises as publicly traded stocks. Therefore, the richest persons’ net worth is often subjected to fluctuations as per the changing market valuations. Below is the list of the top 10 richest persons in the world as per the stats gathered in February 2022 from the Bloomberg Billionaire Index.
1. Elon Musk
The richest man in the world in February 2022, the technology entrepreneur is the chief executive officer (CEO) and co-founder of Tesla. The total value of his 17% stake in this firm is around $153 billion. His net worth stands at a whopping $223 billion consisting of investments in space exploration technologies, private assets of $40.3 billion, and $3.9 billion in cash. Tesla shares soared by about 340% in 2020 propelling Musk’s wealth to top rankings. In December 2020, Tesla figured into the list of S&P 500 and became the largest company in this category.
2. Jeff Bezos
The founder and executive chair of Amazon Jeff Bezos top the richest person list in second place with his $178 billion net worth. He has a 10% stake in Amazon valued at $153 billion. His other assets include $9.15 billion private company stake in Blue Origin, The $250 million private assets in The Washington Post, and $15.6 billion in cash. Amidst the Covid-19 pandemic, the demand for online shopping soared leading to a 76% jump in Amazon’s share price.
3. Bernard Arnault
Bernard Arnault’s net worth stands at an impressive $155 billion putting him third on the list of top richest persons in the world in 2022. He has a 97.5% stake in Christian Dior ownership valued at $126 billion. His other assets are a $24.4 billion public asset in Moelis& Company equity, an undisclosed stake in Hermes equity, and $10.9 billion in cash. He is the chair and CEO of LVMH, the largest company in the luxury goods sector.
4. Bill Gates
Bill Gates occupies fourth place on the richest person’s list with his $127 billion net worth in 2022. His 1.3% ownership in Microsoft is valued at $30.8 billion. He also has $55.9 billion in public and private assets in Cascade Investment LLC, and $55.3 billion in cash. Cascade’s privately held investment is distributed across Deere, Republic Services, Canadian National Railway and a portfolio of private investments in energy and real estate.
5. Larry Page
The fifth place in the richest person’s list in 2022 is secured by Larry Page, The Board-member and co-founder of Alphabet. His net worth is estimated at $120 billion and his 6% stake in Alphabet is worth $105.7 billion. His other assets include $14.6 billion in cash. In 2021, Google’s shares soared by around 50% pushing Page’s name to the billionaire list. Larry was also among the early investors in the space exploration and asteroid-mining company Planetary Resources.
6. Warren Buffet
Warren Buffet claims the sixth place among the world’s richest persons in 2022 with his $116 billion net worth. His 16% stake in Berkshire Hathaway is estimated at $114 billion. His other assets include $1.1 billion in cash. Warren Buffet is the most popular living value investor known as ‘Oracle of Omaha”. He builds his fortune by acquiring the firms that are undervalued. Industry experts find him a Bitcoin skeptic.
7. Sergey Brin
Seventh in the list of richest persons in 2022 is Sergey Brin with his $115 billion net worth. The California based technology entrepreneur is the Board member and co-founder of Alphabet. The value of his 6% stake in Alphabet is worth $100.5 billion. He too has an asset of $14.7 billion in cash. Born in Russia, Sergey Brin moved to the U.S as a 6 year old boy with his family, co-founding Google with Larry Page in 1998.
8. Steve Ballmer
The owner of Los Angeles Clippers Steve Ballmer has a net worth of $107 billion putting him in the eighth position among the world’s top richest persons. His 4% ownership stake in Microsoft is valued at $99.6 billion. His other assets are $2.63 billion private assets in the Los Angeles Clippers and $5.05 billion in cash. Steve Ballmer joined Microsoft in 1980 and became its CEO in 2000 succeeding Bill Gates. Ballmer facilitated Microsoft’s purchase of Skype in 2011 for $8.5 billion. Ballmer acquired the basketball team Los Angeles Clippers in a $2 billion deal.
9. Larry Ellison
The ninth in the list of world’s richest persons in 2022 is Larry Ellison, the CT|O, Chair and Co-founder of Oracle. He has a net worth of $94.6 billion and his 40% ownership stake in Oracle is valued at $63.3 billion. His other assets are $13.1 billion public asset in Tesla equity and $17.3 billion in cash and real estate investment.
10. Mukesh Ambani
The tenth place in the list of world’s richest persons is claimed by Mukesh Ambani, the most popular Indian entrepreneur with his $88.4 billion net worth. His 45% stake in Reliance Industries is valued at $88.9 billion. He too has $410 million private asset as investment in Mumbai residential property. The Chairman and Managing Director of Reliance Industries which has its presence in telecommunications and retail selling. He is also a member of the board of the World Economic Forum.