Are you curious as to who the richest person in the world is? To answer that question, here is our Top 10 Richest People list.
2020 has come and gone and will remain forever in our memories as one of the darkest years ever seen on this earth. Beset by Covid-19 pandemic which greatly altered lives, businesses, economies and lifestyles; many businesses felt its effects hardest while the richest among us managed to ride out its storm without major setbacks or financial strain.
Some have quickly shot to the top while others have managed to maintain their position year after year. We’ve gathered here the Top 10 Shakers and Movers of the financial world – commonly referred to as the richest people on Earth – with some fascinating facts about each one you don’t want to miss!
Who Is the Richest Person in the World? Discover details on their net worth, success stories and other facts regarding leading billionaires around the globe. *Net worth as per 18th February 21 may change later on.
1. Jeff Bezos
Amazon CEO Jeff Bezos remains one of the richest individuals worldwide with an estimated net worth of $193.4 billion, having led this list for most of 2017 until briefly being overtaken by Elon Musk for few days earlier this year. However, his worth remains unaffected despite handing a quarter of his Amazon shares to MacKenzie Scott following their divorce settlement agreement.
With their lockdown measures in place, Amazon has experienced an upsurge in online sales and cloud computing services.
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2. Elon Musk
Elon Musk recently took the top spot for world wealthiest people and has made many headlines as he moved quickly past Jeff Bezos (albeit briefly), who held this title for nearly three years running. An outstanding entrepreneur revolutionizing transportation with Tesla cars while shaping space with SpaceX.
Tesla’s share price witnessed an incredible surge of value, propelling Elon Musk all the way up with an estimated net worth of $183.8 billion as of Friday and surpassing Amazon CEO Jeff Bezos by $4 billion. Who would have thought that starting from a mere $27 billion and barely making the top 50 list, his wealth has seen exponential growth to become one of the richest individuals worldwide as 2021 approaches? Elon’s wealth rose quickly and easily he raced his way to become the richest in history so quickly ever seen before in history.
3. Bernard Arnault
French investor and business magnate Bernard Arnault has transformed the luxury product business and emerged as one of the richest people worldwide, and in Europe. With an estimated net worth estimated at around $157.8 B, his net worth spans an impressive 70 brand portfolio that includes Louis Vuitton and Sephora – making him an industry redefining figure.
Coronavirus infection has taken hold as demand for luxury goods has fallen sharply over recent months.
4. Bill Gates Though long known as one of the richest people on Earth, Bill Gates has fallen to fourth position after Jeff Bezos, Elon Musk and Bernard Arnault. Bill has an estimated net worth of US$123.2 billion and is best known for his charitable endeavors such as giving $300 million towards mitigating coronavirus outbreak detection, prevention and vaccination efforts with Melinda. Together they created one of the world’s largest private charitable organizations called Bill and Melinda’s Charities Foundation.
Gates co-founded Microsoft with Paul Allen as school friends in 1975, but in 2004 sold off half his stake and retained only 1% while investing his proceeds into stocks and other assets.
Top Ten Wealthiest People Worldwide (listed in alphabetical order).
Mark Zuckerberg is one of the wealthiest individuals on Earth and founder of Facebook; since its public launch in 2004 it has only continued to expand exponentially. Furthermore, Mark has acquired several other companies like Instagram, WhatsApp, and Oculus.
Mark Zuckerberg holds an estimated net worth of $98.5 billion and was recently honored by Bloomberg Billionaires List as being its youngest centibillionaire (an honorific term used for those whose personal fortune exceeds $100 billion dollars).
6. Zhong Shanshan Chinese billionaire Zhong Shanshan overtook Warren Buffet on a global wealth list to become the sixth richest person, boasting an estimated fortune of $95 billion.
He recently overthrew Mukesh Ambani as Asia’s wealthiest person and is on his way to joining the exclusive club of billionaires. As chairman of China’s largest beverage company, he now stands a chance of entering this exclusive club of centibillionaires.
7. Warren Buffett
Commonly known as “the Oracle of Omaha,” Warren Buffett is considered one of the greatest investors ever. Buffet made Berkshire Hathaway successful and now owns multiple businesses such as GEICO, Fruit of the Loom and Dairy Queen; with an estimated net worth estimated at $92.4 billion.
Berkshire Hathaway Inc has seen its fortune decline with the pandemic impacting many of their investments and holdings.
8. Larry Page
Larry Page is one of the co-founders of Alphabet, Google’s parent company and holds an estimated networth of $91.6 billion. Though no longer serving as its CEO, Larry still remains on its Board as well as being one of its controlling shareholders.
Google founder Larry Page is now venturing into space exploration, becoming the founding investor in Planetary Resources while supporting “flying car” empire Kitty Hawk, Opener, and BlackFly through funding.
9. Sergey Brin Co-founder of Google, Sergey Brin is one of the 10 richest people worldwide with an estimated net worth of $89.8 billion. In December 2029 he stepped down as President of Alphabet but still serves as a board member and controller shareholder.
Brin is reported to be building the world’s largest hi-tech airship and spending over $100 million for humanitarian causes.
10. Larry Ellison Larry Ellison currently ranks seventh richest globally with an estimated net worth of $86.6B as of this writing. An American investor and co-founder of Oracle Corporation, his wealth can be attributed to its increased shares.
Ellison acquired three million shares of Tesla, Inc. and became director of its board.
Explore and get to know the Top 10 Financial Centers Worldwide
Here are the Top 10 Wealthiest People on Earth; some inspirational entrepreneurs and business tycoons for you to learn about! Each year this list can differ depending on their financial performance and net worth fluctuation; so, how did it make you feel after viewing this exclusive list of world billionaires and their success stories? Any feedback or comments are most welcomed!
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