Here is the latest list of the world's top 10 richest persons, based on the Forbes list of December 21.
1. Jeff Bezos
Jeffrey Bezos is an American internet entrepreneur, industrialist, media proprietor, and investor. He is best known as the founder, CEO, and president of the multi-national technology company Amazon founder and CEO ,Jeff Bezos has a net worth of $186.6 billion and ranks as the richest person on the earth today. His position remains the same even after divorcing his wife MacKenzie 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 number of people shopping online.
2. Elon Musk
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 rocket company is now valued at nearly $100 billion, currently, his net worth is $147.7 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 $342 billion.
3. Bernard Arnault & Family
LVMH – France Chairman and CEO Bernard Arnault rank third in the world in terms of riches. His net worth is $144 billion ensuing 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.
4. Bill Gates
The co-founder of Bill & Melinda Gates Foundation, Bill Gates has a net worth of $119.1 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.
5. Mark Zuckerberg
The co-founder, CEO and chairman of Facebook, Mark Zuckerberg champions the social network that has become a go-to communications avenue today. His net worth is $99.0 billion and today he owns about 15% stakes in Facebook after the firm went public in May 2012. Mark Zuckerberg is the youngest billionaire. His net worth zoomed past the $100 billion mark — all thanks to Instagram Reels — the alternative to TikTok which was banned in India earlier this year and is facing troubles in the US as well.
6. Larry Ellison
Larry Ellison has a net worth of $88.1 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.
7. Warren Buffet
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 $84.1 billion. The son of a US congressman, he bought his first stock at the age of 11.
8. Larry Page
Larry Page, the co-founder of Google has a net worth of 75.3 Billion US$ and ranks in the ninth 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.
9. Mukesh Ambani
The founder chairman of Reliance Industries, Mukesh Ambani has a net worth of $74.4 billion. He runs the biggest oil and gas companies in India in addition to a very popular and influential telecom network in India. This year has been a busy one for Ambani, he has signed deals with Facebook and Google amongst other big firms.
10. Steve Ballmer
As the former CEO of Microsoft, Steve Ballmer led the firm from 2000 to 2014. His able leadership during a very tough time steered Microsoft towards sustainability and progress. His net worth is 74.0 Billion US$ and in 2018 he invested $59 million in Social Solutions, a company that makes software for government agencies and non-profit organizations.