"Statement by Bill Gates Regarding His Election to the Board of Directors of Berkshire Hathaway." [5] Forbes excluded Al-Walid bin Talal and all other Saudi billionaires due to the absence of accurate wealth estimations as a result of the 201719 Saudi Arabian purge.[17]. The richest actors in the world are already successful men in their craft and they get paid with a lot of money. "To the Shareholders of Berkshire Hathaway Inc - 1985." The current richest man in the world, Elon Musk has had his hands in several different companies over the years. Originally enrolled at Stanford University, Musk deferred his attendance to launch Zip2, one of the earliest online navigation services. A portion of the proceeds from this endeavor were then reinvested to create X.com, an online payment system that later became PayPal. The 2011 list included 214 newcomers and the average net worth of those on it increased to $3.7 billion. The Michael J. Accessed Jan. 19, 2021. "Number of monthly active Facebook users worldwide as of 3rd quarter 2020." Use precise geolocation data. Accessed Jan. 19, 2021. [14], In June 2010, Gates and Buffett announced the Giving Pledge, a promise to give the majority of their wealth to philanthropic causes. For the third year in a row, Bill Gates was named the richest man in the world by Forbes' 2016 list of the world's billionaires. [30] It also had the most newcomers with 50, and women with 54. Accessed Jan. 19, 2021. "Amazon's Next Step in the Pharmacy Industry." Accessed Jan. 19, 2021. The Forbes Worlds Billionaires list is a snapshot of wealth using stock prices and exchange rates from March 18, 2020. Accessed Jan. 19, 2021. Guatemala had a billionaire, Mario Lopez Estrada, for the first time in its history. The owner of the worlds largest online retail company was born Jeffrey Preston Jorgensen in Albuquerque to a 17-year-old high school student and a bike shop owner in 1964. "Mark Zuckerberg." Accessed Jan. 19, 2021. "Larry Ellison." Berkshire Hathaway Inc. "SCHEDULE 14A INFORMATION." IKEA founder Ingvar Kamprad was the largest loser as he saw his fortune plummet from $23 billion to $6 billion, dropping him from 11th to 162nd overall. If you are interested in knowing the answer to these questions read the following article on Top richest people in the world. Musk is the CEO of Tesla and the founder and CEO of SpaceX. Carlos Slim Helu is not only one of the richest people in the world today; he is also the richest person in Mexico. CNET. Accessed Jan. 19, 2021. "Bill Gates." Accessed Jan. 19, 2021. Royalty and dictators whose wealth comes from their positions are excluded from these lists. "Larry Page." * Each hold an essentially equal share in Wal-Mart. Britannica. [36], A record total of 1,226 people made the 2012 list, representing 58 countries. 1) Jeff Bezos (Net Worth: $112 Billion) Jeff Bezos is the founder of Amazon. [3] This ranking is an index of the wealthiest documented individuals, excluding any ranking of those with wealth that is not able to be completely ascertained. We tend to look up to the world richest person and tried to learn from each and every one of them. Britannica. [16], In the 32nd annual Forbes list of the world's billionaires, the aggregate wealth of the top 20 richest people on Earth amounted to about 13 percent of all billionaires' fortunes combined. "Zhong Shanshan." "Bill Gates." [39], A total of 1,011 people made the 2010 list. Over 66% of the previous year's billionaires became richer. Accessed Jan. 19, 2021. These Richest People in the World are the game-changers and the people who have helped transform the world. Nongfu Spring. The top 10 had a combined wealth of $406 billion, up from $342 billion in 2010. The founders of Google, Sergey Brin and Larry Page, became billionaires at age 30. [31] The Asian-Pacific region had 386 billionaires and Europe 366. The remaining countries could not have more than one of the top 50 richest people on the earth. Bernard Arnault is the CEO of luxury goods conglomerate LVMH. "Charles Koch." "Inspiring: Inside the world of LVMHs CEO and centibillionaire Bernard Arnault." Every year various magazines put out the names of the richest people with an enormous bank balance. Oracle. Walton is an heir to the fortune of Walmart, the worlds largest retailer. Accessed Jan. 19, 2021. [26], Bill Gates was named the richest man in the world by Forbes' annual list of the world's billionaires. Preliminary surveys are sent to those who may qualify for the list. Nongfu Spring. Accessed Jan. 19, 2021. Forbes. Accessed Jan. 19, 2021. SpaceNews. Apply market research to generate audience insights. Accessed Jan. 19, 2021. Accessed Jan. 19, 2021. Amancio Ortega rose from last year's position of number four to second. The New York Times. Accessed Jan. 19, 2021. * Each hold an essentially equal share in Walmart. Accessed Jan. 19, 2021. "Zhong Shanshan." CNBC. Accessed Jan. 19, 2021. Facebook. Britannica. His estimated net worth is $95.6 billion. Elon Musk just became the richest person in the world, with a net worth of more than $185 billion. "Mark Zuckerberg." "Bill & Melinda Gates Foundation Commits $50 Million to Support Emergency Response to Ebola." [5] The average net worth of the list came in at US$4.1billion, up US$350million from 2017. Facebook co-founder Dustin Moskovitz was the youngest person on the list. While in this article, we will look into the educational background of the top 10 richest people in the world. Charles Koch Larry Ellison, the founder of Oracle, rounded off the top five. We also reference original research from other reputable publishers where appropriate. Accessed Jan. 19, 2021. Neuralink. "Bernard Arnault." Accessed Jan. 19, 2021. "Frequently Asked Questions." Larry Ellison is the founder of software company Oracle Corporation. The #1 richest person in the world title goes to Jeff Bezos. Facebook. Forbes. Iceland had a billionaire, Thor Bjorgolfsson, in the list after a gap of five years. Reuters. Accessed Jan. 19, 2021. Here is the latest list of the world's top 10 richest persons, based on the real-time Forbes list of January 22, 2021 and some interesting facts about each of them. Russia was placed behind China, Germany and India by the number of billionaires. While both of these systems were eventually sold to other companies, Musk has maintained his status as CEO and lead designer of his third project, Space Exploration Technologies (SpaceX), which aims to make space exploration more affordable., In 2004, Musk became a major funder of Tesla Motors (now Tesla), which led to him being retroactively declared a co-founder and his current position as CEO of the electric vehicle company. In addition to its line of electric automobileswhich include sedans, sport utility vehicles (SUVs), and the "Cybertruck" announced in 2019Tesla also produces energy storage devices, automobile accessories, merchandise, and, through its acquisition of SolarCity in 2016, solar power systems. In 2020, Telsa's stock price experienced an astronomical surge, having risen 705% from the start of the year to mid-December. It joined the S&P 500 that same month, the largest company added thus far., In 2016, Musk founded two more companies, Neuralink and The Boring Company, with him serving as the CEO of the former. Neuralink is developing brain-machine interface devices to help individuals suffering from paralysis and potentially allow users to mentally interact with their computers and mobile devices. The Boring Company, meanwhile, develops boring machines for the purpose of drilling tunnels for underground public transportation systems, which would mitigate traffic congestion in major cities. It also (briefly) sold a handheld flamethrower., In 1994,Jeff BezosfoundedAmazon.com in a garage in Seattle, shortly after he resigned from the hedge fund giant D.E. After the dot-com bubble started to collapse in 2000, his wealth dropped to $60 billion, although he remained at the top of the list. "Jeff Bezos almost did not start up Amazon. Microsoft. China had the second most billionaires with 115, while Russia was third with 101. "Elon Musk." Accessed Jan. 19, 2021. The American Consumer Institute: Center for Citizen Research. Lets find out in this article, where we list the top 10 richest people in the world as of 2020. Accessed Jan. 19, 2021. Accessed Jan. 19, 2021. They get paid a hefty sum from large contracts, personal performances and sponsorships. [34], In the 25th annual Forbes list of global billionaires, Slim added $20.5 billion to his fortune, the most of anyone, and retained his number one ranking with a total fortune of $74 billion. "Bill Gates." Accessed Jan. 19, 2021. "Stadia Premiere Edition." Store and/or access information on a device. At age 99, David Rockefeller maintained his position as the oldest billionaire included in the list. Gates remained in second place with $56 billion, while Warren Buffett was third with $50 billion. Build your helpful home, Bloomberg Businessweek: Google Co-founder Sergey Brin Partners with the Foundation to Create Manhattan Project in Search for Parkinsons Cure, USC Receives $200 Million From Larry Ellison for Cancer Institute. Since stock prices fluctuate rapidly, an individual's true wealth and ranking at the time of publication may vary from their situation when the list was compiled. Accessed Jan. 19, 2021. "Elon Musk Launches Neuralink to Connect Brains With Computers." "The Microsoft Press Store by Pearson." Accessed Jan. 19, 2021. "Bill Gates." You can learn more about the standards we follow in producing accurate, unbiased content in our. Ultra-high-net-worth individuals (UHNWIs) are people with at least $30 million in investable assets. [1] 100 people listed in 2013 failed to make the list. [30] America's Christy Walton was the highest ranking woman, placing ninth overall. Accessed Jan. 19, 2021. The U.S. had the most billionaires in the world, with a record of 565. Forbes. Accessed Jan. 19, 2021. "Jeff Bezos's Net Worth Just Broke $100 Billion." It also wouldn't hurt to start out by coming from wealth, as Arnault and some other super-wealthy individuals didthink Jim Walton (#16 on Bloomberg's Billionaire Index) and Charles Koch (#19). However, the greatest fortunes on the list started as great ideas. "Bernard Arnault." [44], The net worth of 2005's 691 billionaires was $2.2 trillion. Accessed Jan. 19, 2021. The Boring Company. Most of the richest people in the world saw their fortunes soar in the early 2010s. Britannica. "The Boring Company Not a Flamethrower." Facing the steepest losses belong to investing luminary Warren Buffett, whose ne Accessed Jan. 19, 2021. Of those, 126 were newcomers to the list and 104 were women. Accessed Jan. 19, 2021. "Oracle Java." LinkedIn. "Elon Musk's Next Venture to Tackle Traffic Is Totally 'Boring'." Accessed Jan. 14, 2021. LinkedIn. Investopedia requires writers to use primary sources to support their work. Accessed Jan. 19, 2021. 1. [4], In 2018, there was a record of 2,208 people on the list, that included 259 newcomers mostly from China and the U.S.; there were 63 people under 40 and it had a record number of 256 women. Known debt is subtracted from assets to get a final estimate of an individual's estimated worth in United States dollars. Tesla. Elon Musk: $195bn. Measure content performance. Bill & Melinda Gates Foundation. [3], Carlos Slim topped the 2013 billionaire list, marking his fourth consecutive year at the top. Accessed Jan. 19, 2021. Develop and improve products. Bloomberg. By 1977, Ellison had founded Software Development Laboratories (SDL) alongside Oates and Miner, which, two years later, released Oracle, the first commercial relational database program to utilize Structured Query Language. The database program proved so popular that SDL would change its name to Oracle Systems Corporation in 1982. Additionally, Ellison joined Tesla's board in Dec. 2018., Oracle is the second largest software company and provides a wide variety of cloud computing programs as well as other software, such as Java and Linux, and the Oracle Exadata computing platform. The business has also grown through the acquisition of several major companies, including human-resources-managementsystems provider PeopleSoft in 2005, customer-relationship-managementapplications provider Siebel in 2006, enterprise-infrastructuresoftware provider BEA Systems in 2008, andhardware-and-software developer Sun Microsystemsin 2010. , Ellison has spent millions in luxury real estate over the last decade, predominantly in California. Source: Forbes *As of April 22, 2020 **As of March 5, 2019 Gaining the highest across the top 10 is former Microsoft CEO Steve Ballmer, who saw his fortune rise over $21 billionsince March 2019. [16] The U.S. continued to have the most billionaires in the world, with a record of 609, while China dropped to 324 (when not including Hong Kong, Macau and Taiwan). "Exchange." [47] Billionaires' fortunes were hit even harder by the global financial crisis; 2009 was the first time in five years that the world had a net loss in the number of billionaires. "Bill Gates' Net Worth Eclipses $100 Billion." 19, 2021according to Bloomberg's Billionaires Index. Bloomberg. Accessed Jan. 19, 2021. The 30 Richest People in the World: 30. "Planetary Resources." "Warren Buffett." However, when a living individual has dispersed his or her wealth to immediate family members, it is included under a single listing provided that individual is still living. [14] Asia accounted for more than 100 of the new entrants. Privately held companies are priced by the prevailing price-to-sales or price-to-earnings ratios. China had 319 (not including Hong Kong, Taiwan or Macau), Germany had 114, and India had the fourth most with 101; India reached over 100 billionaires for its first time. 2. "Come build the future with us." Build your helpful home." MarketWatch. "HISTORY OF THE PLEDGE." Accessed Jan. 19, 2021. Shaw. In fact, he had originally pitched the idea of an online bookstoreto his former boss David E. Shaw, who wasn't interested., Though Amazon.comoriginally started out selling books, it has since morphed into a one-stop-shop for everything under the sun, andis arguably the world's largest retailer. At any rate, it is hard to dispute its self-description as the "earth'smost customer-centric company. [6] In 2017, Mark Zuckerberg was the only person in the top 10 billionaires list who is under the age of 50, and the only one in the top 20 billionaires list who is under the age of 40. Francois Pinault is a French luxury goods mogul and businessman, best known as Most of the signers of the pledge are billionaires, and their pledges total over $365 billion. "Links to Berkshire Hathaway Sub. "Mark Zuckerberg." Forbes. Accessed Jan. 19, 2021. Bloomberg. Accessed Jan. 19, 2021. He had topped the list in 15 of the previous 20 years, but his previous number one ranking was in 2009. [35] Colombia's Alejandro Santo Domingo was the highest-ranked newcomer, inheriting a $9.5 billion stake in Santo Domingo Group from his father. Accessed Jan. 19, 2021. Oracle. #16 Alice Walton 63 Billion. "Tesla Up 700% This YearHere Are 9 More Staggering Numbers Summing Up Elon Musks Wild Ride To S&P 500." Below you will find a dynamically updated, real time listing of the 100 richest people in the world today. Image courtesy Getty Images/Paul Marotta. Select personalised ads. Because they are so rich most never have to work another day in their life. "Corporate Governance." Berkshire Hathaway. Accessed Jan. 19, 2021. Has not changed from the previous ranking. He holds the crown title of highest net worth individual for the third consecutive year even after having to give a quarter of his Amazon stock (valued at Accessed Jan. 19, 2021. "Plant yogurt." [41], In the wake of the Financial crisis of 20072008, the world's billionaires lost $2 trillion in net worth and the list became 30% smaller than the previous year's list.[42]. The World's Billionaires is an annual ranking by documented net worth of the wealthiest billionaires in the world, compiled and published in March annually by the American business magazine Forbes. Who is the richest person in the world? The world's richest people have collectively gained 23 per cent or $1.3 trillion since the year began. Jeff Bezos - $192.3 billion The United States had the greatest number of billionaires with 425. Interviews are conducted to vet the figures and improve the estimate of an individual's holdings. Different people define riches differently. The 10 Richest People in the World No.1 Jeff Bezos Amazon founder Jeff Bezos is the worlds wealthiest person for the third year in a row, worth $113 billion. Forbes. Accessed Jan. 19, 2021. "Warren Buffet." "Workplace." Accessed Jan. 19, 2021. "Sergey Brin." The United States accounted for 403 billionaires, followed by China with 89 and Russia with 62. [2] The list was finalized as of 18 March, thus was already partially influenced by the COVID-19 pandemic. The dot-com bubble created the most paper wealth for some billionaires. Bill & Melinda Gates Foundation. [1] China had the second most billionaires with 152, while Russia was third with 111. Today Bloomberg L.P. is the world leader in business data and insights, employing 20,000 people in 167 offices on two continents. "Welcome to Google Nest. Accessed Jan. 19, 2021. [30] The number of women on the list rose to a record 172 in 2014. Facebook. CNET. "Tesla Motors founders: Now there are five." Accessed Jan. 19, 2021. Measure ad performance. Of this amount, the top 10 wealthiest people in the world account for $1,128.50 billion, or roughly 14.11%, which is impressive when you consider that they represent around 0.48% of billionaires. Below are the 10 individuals currently considered the wealthiest at the time of updating this articleJan. This video ranks the top 10 richest people in the world from 1995 to 2019 based off of net worth. "Warren Buffett." A mogul is an individual who has been very successful in business and has become very wealthy as a result. Jeff Bezos. Here's why." A record total of 1,426 people made the 2013 list, representing $5.4 trillion of assets. Bloomberg. 10,000 Year Clock. "Larry Ellison." [34] Ricardo Salinas Pliego was the greatest gainer in terms of dollars, adding $9.2 billion to his fortune and moving up to number 37 overall. [29] Mexican telecommunication mogul Carlos Slim came in second place after being number one the previous four years. 60 people from the 2012 list fell below a billion dollars of assets in 2013, and eight others from the 2012 list died. Microsoft. Warren Buffett remained in third place. According to the Bloomberg Billionaires Index (as of 8 January) 1. Tesla. Mark Zuckerberg was one of seven Facebook-related billionaires on the list, as he added $9.5 billion to his net worth to move up to 52nd. Gates placed second but narrowed the gap from 2011 as Slim's fortune fell $5 billion while Gates' rose $5 billion. Finally, positions in a publicly traded stock are priced to market on a date roughly a month before publication. Accessed Jan. 19, 2021. The 2013 list featured 138 women, of which 50 came from the United States. After the duo founded in the company in 1998, Brin served as co-president alongside Page until Eric Schmidt took over as CEO in 2001. Some people become richer or poorer within days of making the list. "In One Map: How Many Billionaires Are in The World." "Here is Warren Buffetts first tax return, filed at age 14." List of Partners (vendors). Accessed Jan. 19, 2021. Aged 26, eight days younger than Zuckerberg, he debuted at number 420 with an estimated fortune of $2.7 billion. Christy Walton was the highest-ranking female at number eight. [43], Free cash used by consumers from home equity extraction, known as the real estate bubble created a total of nearly $5trillion in 2005, contributing to economic growth worldwide. Accessed Jan. 19, 2021. Create a personalised ads profile. "Facebook to Acquire Instagram." Chan Zuckerberg Initiative. Sanbio. Accessed Jan. 19, 2021. Accessed Jan. 19, 2021. Accessed Jan. 19, 2021. Facebook. Accessed Jan. 19, 2021. [19] This is the 17th time that the founder of Microsoft had claimed the top spot. "Jeff Bezos." "Facebook to Acquire WhatsApp." Accessed Jan. 19, 2021. As a result of the market crash caused by the Dot-com bubble, 83 billionaires dropped off the list from the previous year. [11][12], Each year, Forbes employs a team of over 50 reporters from a variety of countries to track the activity of the world's wealthiest individuals[13] and sometimes groups or families - who share wealth. "Company Management." Accessed Jan. 19, 2021. The Asia-Pacific region had the most drop-offs, with 29, followed by the United States with 16. [13], Family fortunes dispersed over a large number of relatives are included only if those individuals' holdings are worth more than a billion dollars. Forbes. [40] Eighty-nine women made the list, but only 14 of them were self-made. "Wantai." The Bloomberg Billionaires Index ranks the richest people in the world everyday. His estimated net worth is $132 billion. "Bernard Arnault." "USC Receives $200 Million From Larry Ellison for Cancer Institute." Accessed Jan. 19, 2021. [25] The United States had the largest number of billionaires with 526. [39] A total of 55 countries were represented on the 2010 list, including Finland and Pakistan which claimed their first billionaires. As of March 2018, Jim was the 16th-richest person in the world, with a net worth of $41.9 billion. For the first time, Jeff Bezos was listed as the top billionaire due to Amazon's rising stock price that resulted in one person's biggest one-year gain in wealth ($35 billion) since Forbes started tracking in 1987.