These are the richest people in Massachusetts according to Forbes 2021 Worlds Billionaires list

top 5 richest people in the world

Ambani is credited with expanding Reliance from textiles and polyester fibers to petrochemicals and petroleum refining, and ultimately to oil and gas exploration and production. Today, Reliance is also India’s largest retailer, and it operates the world’s largest 4G broadband wireless network. Mukesh Ambani serves as chairman and managing director of Reliance Industries Limited, which grew from the yarn trading company his father started in 1957 to become India’s largest private-sector company. Google first built its search engine but repeatedly redefined technology with developments in GPS mapping and translation. This, in turn, led to the creation of one of the largest platforms for advertising in the world — to the good fortune of Page. Last year alone, Google generated $209.49 billion in total ad revenue.

  • Elon Musk, the co-founder and CEO of Tesla, is the richest person in the world with a net worth of $241 billion.
  • Jeff Bezos saw the biggest drop-off of the five men, losing an estimated $9.8 billion in his net worth, followed by rival and Tesla CEO Elon Musk who stood to lose $8.4 billion at the same time.
  • Facebook founder Mark Zuckerberg, four years after starting the company, joined the list at 23 to become the youngest self-made billionaire.
  • Here’s a closer look at how the 10 richest people in the world, as listed on Bloomberg Billionaires Index, got to where they are.
  • As founder and CEO of software giant Oracle, Larry Ellison built the company that revolutionized the way businesses access and use data.
  • Gates remained in second, while Amancio Ortega moved up to third.

He had topped the list in 15 of the previous 20 years, but his previous number one ranking was in 2009. Mexican telecommunication mogul Carlos Slim came in second place after being number one the previous four years. Zara founder Amancio Ortega placed third for the second consecutive year. American investor Warren Buffett was in the top five for the 20th consecutive year, placing fourth. America’s Christy Walton was the highest ranking woman, placing ninth overall. Aliko Dangote of Nigeria became the first African to enter the top 25, with an estimated net worth of $25 billion.

Michael Bloomberg

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How many billionaires are there in the world in 2022?

Specifically, there are 2,668 billionaires as of March 11, 2022, according to Forbes. However, only 140 people were in the exclusive billion-dollar club back in 1987. By far, most of the world's billionaires are from the U.S. — 735 as of March of this year, as noted by Forbes.

Every year, Forbes attempts to quantify and rank the world’s richest people with its annualbillionaires list. Here’s a countdown of the 20 richest people on the planet by net worth as of spring 2022, as well as a look at who was bounced from Forbes’ 2021 list. Ranked #329 on the list is Egypt’s richest person, Nassef Sawiris. He owns 30% of OCI, a Geleen, Netherlands-based fertilizer producer which was formed out of a demerger from his family’s original business, Orascom Construction. His other assets include 6% of the sportswear company Adidas and a stake in LafargeHolcim, the world’s biggest cement maker. Ranked #222 on the list, Rupert is one of South Africa’s best-known billionaires with shareholding in a large number of South African and international companies.

Money

He was a major entrepreneur of the microcomputer revolution of the 1970s and 1980s. Johnson has served as CEO of Fidelity Investments since 2014, when she took over for her father, and has been chairman since 2016.

There are also over 200 first-time billionaires on the extensive list, published Wednesday. Ranked #96, Aliko Dangote got off to a great start in 2022, adding about $950 million to his fortune since the year began. The Nigerian billionaire’s wealth rose following a year-to-date price increase in the shares of Dangote Cement Plc. 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.

Forbes billionaires 2022: See who made this year’s list of the world’s richest people

GDP at the time, giving Carnegie economic power equivalent to $372 billion in 2014. In 2006 he pledged to give away 99% of his fortune and so far has given away $45 million. Unlike many of the other billionaires on this list, Buffet still lives in the same house in Omaha Nebraska that he bought in 1958 for $31,50, before he made his fortune.

After the dot-com bubble started to collapse in 2000, his wealth dropped to $60 billion, although he remained at the top of the list. A record 1,210 billionaires made the 2011 list, representing a combined wealth of $4.5 trillion, up from $3.6 trillion the previous year. One third of the world’s billionaires, 413, came from the United States. China had the second most billionaires with 115, while Russia was third with 101. Asia moved up to 332 billionaires, passing Europe as a region for the first time since the 1990s. The 2011 list included 214 newcomers and the average net worth of those on it increased to $3.7 billion.

The world’s richest nations are no longer as surprising as they were 20 years ago. They are the countries that are often considered global financial centers and attract numerous companies with low tax rates. This money, combined with small populations, generates large per capita revenues that the vast majority of countries can never match. The financial global media company used stock prices and exchange rates from https://www.bookstime.com/ March 11 to determine the net worth of the wealthiest individuals. Ranked #266 on the list, Kirsh’s net worth has risen significantly in the last two weeks due to an increase in the value of his most valuable asset, Jetro Holdings. The majority of his wealth is derived from a 75-per cent stake in Jetro Holdings, a New York-based conglomerate that manages two wholesale grocery businesses in the United States.

Who is the richest musician in the world?

1. Kanye West. The record for richest musician in the world 2022 is held by Kanye West who has accumulated his huge wealth through music, real estate and brand endorsement. He is one of the richest singers in the world.

Genghis Khan is undoubtedly one of the most successful military leaders of all time. As leader of the Mongol Empire, which at its height stretched from China to Europe, he controlled the largest contiguous empire in history. However, despite his great power, scholars say top 5 richest people in the world Genghis never hoarded his wealth. On the contrary, the Khan’s generosity was key to his influence. But for now, suffice to say that the following is a rigorous but highly debatable attempt to list the wealthiest historical figures in order of their economic influence.

Yahoo Finance Live anchors discuss Biogen stock performance on promising Alzheimer’s drug trial data. Sign up for our daily newsletter for the latest financial news and trending topics.

He and Page remain at Alphabet as co-founders, controlling stakeholders, board members, and employees. As of March 2022, Brin is the seventh richest person in the world, with an estimated net worth of $115 billion. Bernard Jean Etienne Arnault is a French businessman, investor, and art collector.

Known for their outstanding wealth these billionaires have bank balances many of us could only dream of

Elon Musk, with a fortune of $203 billion, is the richest person on the planet. As billionaire wealth accumulates at a remarkable speed, we feature a snapshot of the world’s richest in 2022, based on data from the Forbes Real-Time Billionaires List. Mansa Musa, the king of Timbuktu, is often referred to as the wealthiest person in history. According to Ferrum College history professor Richard Smith, Musa’s west African kingdom was likely the largest producer of gold in the world—at a time which gold was in especially high demand. As the richest living person, Bill Gates’ wealth is refreshingly easy to determine.

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