The list of the Richest people in the world may vary from year to year, depending on their latest Net Worth. Following are the Top 10 Richest People in the World, 2021 (Updated).
Bernard Arnault & Family ($186B)
Bernard Arnault is one of the world’s ultimate tastemakers, overseeing 70 brand empires including Louis Vuitton and Sephora. In November 2019, LVMH Group A deal was reached to acquire US jeweler Tiffany (Tiffany and Co) for USD 16.2 billion, which is considered the largest luxury brand acquisition ever.
LVMH Group spent $3.2 billion in 2019 to acquire Belmond, a luxury hotel group that owns or manages 46 hotels, trains and river cruises. In 1985, Arnault bought Christian Dior (Christian Dior) for $15 million from the business.
Four of Arnault’s five children work in all corners of the LVMH empire: Frederick, Delphine, Antoine and Alexander.
As per Todays Date 22nd May 2021: Bernard Arnault & Family are on the top spot of the world’s richest man with a net worth of US$186 billion in 2021 (May)
Jeff Bezos ($186B)
Jeff Bezos founded the e-commerce giant Amazon in 1994 from his garage in Seattle. He runs it as CEO and owns 11.1% of the shares. Between March 2020 and April 2020, during the pandemic, Amazon said it added another 175,000 workers.
In April 2020, Bezos stated that he would donate $100 million to Feed America, a non-profit organization that operates food banks and pantry across the country. Amazon has been criticized by US Senators and the public for its treatment of warehouse workers during the coronavirus pandemic.
After 25 years of marriage, he divorced his wife MacKenzie in 2019 and transferred a quarter of his shares in Amazon to her. In 2019, Amazon achieved $280.5 billion in revenue and a record 11.5 billion. Net profit in US dollars.
Elon Musk (US$147.3 billion)
According to the daily rankings of the Forbes Real Time Billionaires, Elon Musk, an American entrepreneur born in South Africa, became the world’s richest man with a net worth of US$195 billion in 2021 (January). Musk, the chief executive officer (CEO) of SpaceX and Tesla, responded with an overwhelming response to his glory moments, tweeting “how strange! ”, and then “return to work”.
“Musk’s electric car company Tesla has soared in market capitalization this year, reaching a market value of 700 billion U.S. dollars (516 billion euros) for the first time on Wednesday. This makes the car company’s market value more than Toyota, Volkswagen, Hyundai, GM and Ford.” Read BBC News report released.
- News report:
“The 49-year-old entrepreneur’s net worth increased by US$7.2 billion (US$5.4 billion) to US$127.9 billion because the maverick CEO of this electric car company is now following Amazon’s boss Jeff Bezos,” the report was published in The Guardian.
Bill Gates ($125B)
Bill Gates and his wife Melinda co-chair the Bill and Melinda Gates Foundation, the world’s largest private charity foundation. In May 2020, Gai The Titz Foundation said it will spend $300 million to fight the coronavirus pandemic and provide funding for treatment, testing and vaccines.
Gates has sold or abandoned most of his shares in Microsoft. He owns slightly more than 1% of the shares and invests in a mix of stocks and other assets. In mid-March 2020, Gates resigned as a member of the Microsoft board of directors, a software he co-founded with Paul Allen in 1975 The company (died in 2018).
The foundation is committed to improving global health and creating equal opportunities for people around the world. So far, Gates has donated $35.8 billion worth of Microsoft stock to the Gates Foundation.
After a Divorce with Melinda Gates, Bill gates drop most of his shares.
Mark Zuckerberg ($114.7B)
The social network Facebook operated by Zuckerberg has become the preferred communication tool during the lockdown of the coronavirus pandemic. In June, more than 1,000 advertisers joined the boycott to protest Facebook’s laxity about hate speech and politicians’ misleading statements.
Zuckerberg founded Facebook at 19-year-old Harvard in 2004 to allow students to match names with photos of classmates.
He listed Facebook in May 2012, but still owns about 15% of the shares. In December 2015, Zuckerberg and his wife Priscilla Chan promised to give up 99% of their Facebook shares during their lifetime.
Warren Buffett ($108B)
Warren Buffett is known as the “Oracle of Omaha” and is one of the most successful investors of all time. Buffett runs Berkshire Hathaway, which owns more than 60 companies, including insurance company Geico, battery manufacturer Duracell and restaurant chain Dairy Queen. As a member of the U.S. Congress, he bought stocks for the first time at the age of 11 and filed taxes for the first time at the age of 13.
He has pledged to donate more than 99% of his wealth. So far, he has donated more than 41 billion U.S. dollars, mainly to the Gates Foundation and his children’s foundation. In 2010, he and Bill Gates initiated the “Donation Pledge” to demand 100 million The millionaire promised to donate at least half of his wealth to charity.
Larry Ellison ($102.3B)
Larry Ellison is the chairman, chief technology officer and co-founder of the software giant Oracle. He owns approximately 35.4% of Oracle. After 37 years at the helm, he gave up his position as CEO of Oracle in 2014. , The largest of which is the $9.3 billion for Net suite in 2016.
In May 2016, Ellison pledged to the University of Southern California to provide US$200 million for the cancer treatment center. In 2012, Ellison spent US$300 million to purchase almost the entire Hawaiian island of Lanai; so far, he has been in That built a hydroponic farm and a luxury spa. Ellison joined Tesla’s board of directors in December 2018 after purchasing 3 million Tesla shares earlier that year.
Larry Page ($100.2B)
Larry Page stepped down as CEO of Google’s parent company Alphabet in December 2019, but remains a board member and controlling shareholder. In 1998, he co-founded Google with his compatriots at Stanford University. Student Sergey Brin. Page and Brin invented Google’s PageRank algorithm, which powers search engines.
Page remained as CEO until Eric Schmidt took over in 2001; then from 2011 to 2015, he served as CEO of Google’s new parent company Alphabet. He is a founding investor in the space exploration company Planetary Resources and also provides funding kitty and bottle openers for “flying car” startups.
Sergey Brin ($97.1B)
Sergey Brin stepped down as the president of Google’s parent company Alphabet in December 2019, but remains the company’s controlling shareholder and board member. In 1998, he co-founded with Larry Page After joining Google, the two met at Stanford University and studied advanced degrees in computer science.
Google went public in 2004 and has changed its name to Alphabet in year 2015. Brin did not participate in Alphabet’s public events for most of 2019; he spent time in Alphabet’s Lunar Research Lab X. According to reports, Brin is funding a high-tech airship project.
Amancio Ortega ($89.6B)
Amancio Ortega is now on the 10th Position of the most richest man in the world with the net worth of $89.6 Billion According to Forbes.
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In the Last 15 years, Olivia Nottebohm is contributing as a news contributor at various News & Media Companies.