There is no doubt that billionaires have a great deal of influence over the global economy, politics, and philanthropic sectors. As of 2022, Forbes estimates that there are 2,668 billionaires worldwide.
In addition to being wealthy, they also possess even more power. Several of these billionaires are the founders of technology giants, and they still hold significant financial stakes in the companies they founded.
Additionally, multi-billionaires can take advantage of various tax deductions to offset reported income, resulting in some paying no income tax.
Now, let’s find out how many billionaires in the world are in the top 10 list.
Top 10 Billionaires in the World in 2022
Elon Musk – $215.6 billion
Elon Musk is working to revolutionize transportation on Earth by producing electric cars through Tesla and in space by producing rockets through SpaceX. Musk’s electric car company Tesla is valued at nearly $800 billion. He has a net worth of $215.6 billion at the moment. Approximately $100 billion is now being invested in Musk’s rocket company, SpaceX. A market capitalization of $800 billion made Tesla the most valuable automaker in the world as of October 2021.
Bernard Arnault & Family – $139.1 Billion
Bernard Arnault, the chairman, and CEO of LVMH-France is now regarded as the second-richest person on earth. His net worth is $139.1.3 billion as a result of his business empire that includes more than 70 brands such as Louis Vuitton and Sephora. Bernard Arnault, the richest man in Europe, amassed a $100 billion fortune last December.
Jeff Bezos – $133.4 billion
With a net worth of $133.4 billion, Amazon’s founder and CEO Jeff Bezos is presently the third richest person in the world. His position hasn’t changed despite divorcing his wife MacKenzie in 2019 and giving her a portion of his Amazon stock. Bezos launched the colossus Amazon in his garage in Seattle in 1994. The e-commerce behemoth has reaped the rewards of the coronavirus outbreak, with more consumers shopping online.
The Bill and Melinda Gates Foundation is the world’s biggest privately funded philanthropic organization. He has a net worth of $122.4 billion. Together with Paul Allen, Bill Gates co-founded the software juggernaut Microsoft. Over time, Gates sold off the majority of his shares in the business, keeping just 1% and investing the rest in stocks and other assets. Bill Gates joined the $100 billion club last April when Microsoft’s share price soared following earnings. The philanthropic foundation and Bill and Melinda Gates Foundation are the largest worldwide.
Warren Buffet also referred to as the Oracle of Omaha, is one of the world’s most renowned and successful investors. He is in charge of Berkshire Hathaway, which comprises more than 60 businesses, including well-known ones like Geico insurance, Duracell, and Dairy Queen. His net wealth is $100.9 billion. At the age of eleven, he made his first stock purchase. He is the son of a United States congressman.
Gautam Adani and Family – $97.2 Billion
Gautam Adani, the promoter of the Adani Group, has divided his multibillion-dollar business empire. The sections are energy, logistics, agriculture, aerospace, and other areas. The Adani Group is a worldwide business that deals with port operations and development in India. It is making Adani the richest man in Asia.
Mukesh Ambani, a Stanford dropout, has spent more than a decade among Asia’s richest men. However, He is the owner and chairman of Reliance Industries, which, according to Forbes, has annual revenues of approximately $74 billion.
Larry Ellison – $95.9 billion
Larry Ellison has a net worth of $95.9 billion, which he gained from Oracle, the software company he cofounded in 1977. He stepped down as CEO of the company in 2014 and now serves as chairman of the board and chief technical advisor. Additionally, Ellison bought 3 million shares earlier in the year and joined the Tesla board in December 2018. He virtually owns the entire Hawaiian island of Lanai.
Larry Page, the co-founder of Google, is the ninth richest person in the world, with a net worth of $95 billion. Furthermore, he has also invested in Planetary Resources, the well-known space exploration company. He owns two startup companies, Kitty Hawk and Opener.