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BILLIONAIRES

The top 10 richest people in the world as of August 2022 are led by Elon Musk with $251 billion, primarily from his companies Tesla and SpaceX. Jeff Bezos is second richest at $153 billion from founding Amazon. Gautam Adani and family are third richest with $137 billion from their diversified conglomerate the Adani Group. Bernard Arnault & Family are fourth richest with $136 billion from luxury brand conglomerate LVMH. Bill Gates rounds out the top five with $117 billion as co-founder of Microsoft.

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56 views

BILLIONAIRES

The top 10 richest people in the world as of August 2022 are led by Elon Musk with $251 billion, primarily from his companies Tesla and SpaceX. Jeff Bezos is second richest at $153 billion from founding Amazon. Gautam Adani and family are third richest with $137 billion from their diversified conglomerate the Adani Group. Bernard Arnault & Family are fourth richest with $136 billion from luxury brand conglomerate LVMH. Bill Gates rounds out the top five with $117 billion as co-founder of Microsoft.

Uploaded by

Jay Austria
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© © All Rights Reserved
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AUSTRIA, JAY RIVA

BSA- 1C
THE CONTEMPORARY WORLD

THE TOP 10 RICHEST MAN IN THE WORLD


 FROM REAL TIME BLOOMBERG BILLIONAIRES INDEX OF AUGUST 2022

1. Elon Musk - $251 billion


Elon Musk is working to revolutionize transportation both on Earth, through electric car
maker Tesla - and in space, via rocket producer SpaceX. Elon Musk's electric car company Tesla
is now valued at nearly $800 billion, currently, his net worth is $251 billion. Musk’s rocket
company, SpaceX is now valued at nearly $100 billion. Tesla has become the world’s most
valuable automaker with a market capitalization of $800 billion in October 2021.

2. Jeff Bezos - $153 billion


Amazon founder and CEO Jeff Bezos has a net worth of $153 billion and ranks as the second
richest person on the earth today. His position remains the same even after divorcing his wife
Mac Kenzie in 2019 and transferring a quarter of his stake in Amazon to her. Bezos founded the
behemoth Amazon in 1994 out of his garage in Seattle. The e-commerce giant has reaped the
benefits of this coronavirus pandemic, with more people shopping online.

3. Gautam Adani and family - $137 billion


Promoter of the Adani Group, Gautam Adani has segregated his multi-million business fortune
into energy, logistics, agriculture, aerospace and other sectors. The Adani Group is a
multinational conglomerate dealing with port operations and developments in India, making
Adani the richest man in Asia.

4. Bernard Arnault & Family - $136 billion


LVMH – France Chairman and CEO Bernard Arnault is the fourth richest person on the earth
today. His net worth is $136 billion resulting from his business across an empire of more than 70
brands including Louis Vuitton and Sephora. French businessman and Europe’s richest man
Bernard Arnault earned the $100 billion fortune last year in December.

5. Bill Gates - $117 billion


The cofounder of Bill & Melinda Gates Foundation, Bill Gates has a net worth of $117 billion.
Having founded the software giant Microsoft along with Paul Allen, Bill Gates eventually sold
away much of his stakes in the company retaining just 1% of the shares and investing the rest in
stocks and other assets. Bill Gates entered the $100 billion club last year in April when Microsoft
share price surged post-earnings. The Bill & Melinda Gates Foundation is the world’s largest
private charitable foundation.

6. Warren Buffet - $100 billion


Popularly known as the Oracle of Omaha, Warren Buffet is seen as one of the most successful
investors of all times. He runs Berkshire Hathaway that owns over 60 companies including the
famous ones Geico insurance, Duracell, Dairy Queen Restaurant. His net worth is $100 billion.
The son of a US congressman, he bought his first stock at the age of 11.

7. Larry Page - $100 billion


Larry Page, the cofounder of Google has a net worth of $100 billion and ranks in the seventh
position among the world’s richest persons. He has also invested in Planetary Resources, the
famed space exploration company, and is also funding “Flying Car”, startup companies Kitty
Hawk and Opener.
AUSTRIA, JAY RIVA
BSA- 1C
THE CONTEMPORARY WORLD

8. Sergey Brin - $95.8 billion


The co-founder and board member of Alphabet, Sergey Brin has a net worth of $95.8 billion
which ranks him in the eighth position among the world’s richest persons. He co-founded Google
along with Larry Page in 1998 which went public in 2004 and became Alphabet in 2015.

9. Steve Ballmer - $93.7 billion

Steve Ballmer is an influential American business magnate and investor. He served Microsoft as
a chief executive officer from 2000 to 2014. He currently owns the Los Angeles Clippers of the
National Basketball Association. Ballmer still remains a shareholder in the Windows operating
system, the Xbox game console and Surface tablet computers.

10. Larry Ellison - $93.3 billion


Larry Ellison has a net worth of $93.3 billion which he earned from Oracle, the software firm he
cofounded in 1977. He quit as the CEO of the company in 2014 and since then he functions as the
chairman of the board and chief technology advisor of the company. Ellison has also been on the
board of Tesla since December 2018 after he purchased 3 million shares earlier that year. He
owns nearly all of Hawaiian island Lanai.

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