Richest People in the World!!
Who is the world’s richest person? Is it Jeff Bezos or Elon Musk?
While most of us hope to put aside money in our lifetime so we can retire comfortably and peacefully.
It’s a whole different story for the world’s most elite classes.
Well, it’s just a piece of cake for them to make billions of dollars overflooding in their bank account in a single day.
So, their net worth and rank keep on changing on a daily basis.
Without further ado, let’s have a look at who made it to the top 25 richest people in the world this year.
|Richest People||Net Worth||Country|
|1. Elon Musk||$260 Billion||USA|
|2. Jeff Bezos||$188 Billion||USA|
|3. Bernard Arnault||$175 Billion||France|
|4. Bill Gates||$138 Billion||USA|
|5. Mark Zuckerberg||$134 Billion||USA|
|6. Larry Page||$131 Billion||USA|
|7. Sergey Brin||$127 Billion||Russia|
|8. Steve Ballmer||$122 Billion||USA|
|9. Larry Ellison||$114 Billion||USA|
|10. Warren Buffet||$105 Billion||USA|
|11. Mukesh Ambani||$91 Billion||India|
|12. Francoise Bettencourt Meyers||$90 Billion||France|
|13. Zhong Shanshan||$78 Billion||China|
|14. Gautam Adani||$77 Billion||India|
|15. Carlos Slim Helu||$72 Billion||Mexico|
|16. Amancio Ortega||$70 Billion||Spain|
|17. Michael Bloomberg||$70 Billion||USA|
|18. Phil Knight||$63 Billion||USA|
|19. Charles Koch||$62 Billion||USA|
|20. Jim Walton||$60 Billion||USA|
|21. Mackenzie Scott||$57 Billion||USA|
|22. Francois Pinault||$50 Billion||France|
|23. Jack Ma||$50 Billion||China|
|24. Ma Huateng||$48 Billion||China|
|25. Daniel Gilbert||$40 Billion||USA|
Richest People in the World
25. Daniel Gilbert
Net Worth: $40 Billion
Daniel Gilbert is an American entrepreneur, investor, and philanthropist. He is the founder of “Rock Ventures,” a leading investment company in finance, technology, and real estate.
Similarly, Gilbert is the co-founder of Rocket Mortgage, the largest mortgage lending company in the USA.
Besides, he owns NBA’s Cleveland Cavaliers and AHL’s Cleveland Monsters.
Thus, with an estimated net worth of $40 billion, Gilbert is one of the richest people in the world.
24. Ma Huateng
Net Worth: $48 Billion
Ma Huateng is a Chinese business tycoon, software engineer, and investor.
Similarly, Huateng is the founder of China’s leading internet and technology service provider, Tencent.
Tencent is the developer of China’s popular instant messaging and payment service apps, WeChat and WeChat Pay.
Moreover, the company is one of the world’s largest gaming, investment, technology, and entertainment conglomerate. And, it has invested in Tesla, Snapchat, and Universal Music Group.
As of January October 2022, Tencent has a market value os $596.38 billion.
Thus, Ma Huateng has succeeded to amass a net worth of $48 billion, making him one of the richest people in the world.
23. Jack Ma
Net Worth: $50 Billion
Though Jack Ma was highlighted as one of the richest people in Asia for several years, he just succeeded to make it into the list of the world’s richest people this year.
Jack Ma is a Chinese business mogul who co-founded one of the world’s largest retail and e-commerce companies, Alibaba, in 1999.
Similarly, he is also the co-founder of Yungfeng Capital, a private investment management firm in Shanghai.
Alibaba is worth $360.05 billion. Whereas, Yungfeng Capital is worth $6.150 billion.
As of October 2022, Jack Ma has an estimated net worth of $50 billion.
22. Francois Pinault
Net Worth: $50 Billion
Holding the 22nd spot on the list is a French billionaire businessman Francois Pinault.
Francois Pinault is the founder of a French-based multinational luxury company, Kering. Kering owns numerous luxury brands, including Gucci, Balenciaga, and Saint Laurent. The company is worth $96.59 billion.
Moreover, Pinault founded the family investment group, Artémis in 1992. The company invests in several luxury and fashion houses, wine, art, technology, and publishing sectors globally.
As of October 2022, Francois Pinault has an estimated net worth of $50 billion.
21. Mackenzie Scott
Net Worth: $57 Billion
Holding the 21st spot is an American author and philanthropist Mackenzie Scott.
Mackenzie Scott was the wife of Jeff Bezos, the CEO of the world’s leading e-commerce company, Amazon. After their divorce in 2019, Scott got a 4% stake in Amazon.
Besides, Amazon has a market value of more than $386 billion.
Thus, as of October 2022, Scott has a net worth of $57 billion.
Mackenzie Scott is the third richest woman in the US.
20. Jim Walton
Net Worth: $60 Billion
Jim Walton is the heir to his family business empire, Walmart.
Walmart is the world’s largest retail chain with a net worth of more than $405 billion.
Moreover, Walton is the CEO of one of America’s largest banks, Arvest Bank. It has a market value of more than $26 billion.
Thus, as of October 2022, Jim Walton is one of the richest people in the world with an estimated net worth of $60 billion.
19. Charles Koch
Net Worth: $62 Billion
Holding the 19th spot is an American businessman, author, and philanthropist Charles, Koch.
Charles Koch is the CEO of his family business empire, Koch Industries. The multinational conglomerate manufactures, refine, and distribute fertilizers, oil, natural gas, textiles, asphalt, plastic, paper, etc.
Besides, the company also is involved in trade and finances.
Whereas Koch Industries has an annual revenue of more than $115 billion. And Charles owns 42% of the stakes in the company.
Thus, Charles Koch has succeeded to amass a total net worth of $62 billion, making him one of the richest people in the world as of October 2022.
18. Phil Knight
Net Worth: $63 Billion
Holding the 18th spot is an American business magnate and philanthropist, Phil Knight.
Moreover, Knight owns an American stop-motion movie production house, Laika. The company has produced notable films like Coraline (2009), ParaNorman (2012), and BoxTrolls (2014).
Thus, with an estimated net worth of $63 billion, Phil Knight is the 18th richest person in the world.
17. Michael Bloomberg
Net Worth: $70 Billion
Holding the 17th spot is an American businessman, politician, author, and philanthropist Michael Bloomberg.
Michael Bloomberg is the founder of a New York-based financial information providing and equity trading platform, Bloomberg Inc. The company operates in 10 countries, including the US, UK, Germany, and Australia.
Moreover, Bloomberg Inc. has an annual revenue of more than $10 billion. Besides, Michael owns 88% of the stakes in the company.
Michael Bloomberg served as the Mayor of New York City from 2002 to 2013.
Thus, with an estimated net worth of $70 billion, Michael Bloomberg is one of the richest people in the world.
16. Amancio Ortega
Net Worth: $70 Billion
The 16th richest person in the world is a business tycoon from Spain.
Amancio Ortega is the founder of the Inditex fashion group. The company runs one of the world’s most renowned fashion brands, Zara.
Aside from Zara, it owns several international fashion brands like Pull & Bear, Stradivarius, and Bershka.
Zara is worth around $70 billion as of October 2022.
As of October 2022, Amancio Ortega has an estimated net worth of $70 billion.
15. Carlos Slim Helu
Net Worth: $72 Billion
The 15th richest person in the world is a Mexican businessman and philanthropist, Carlos Slim Helu.
Carlos Slim Helu is the founder of the global conglomerate “Grupo Carso.”
The conglomerate owns several companies in diverse industries like energy, retail, telecommunications, media, and real estate.
Besides, Grupo Carso has a market value of more than $64 billion.
Thus, Carlos Slim Helu has a total net worth of $72 billion.
14. Gautam Adani
Net Worth: $78 Billion
The 14th richest person in the world is an Indian business tycoon and philanthropist, Gautam Adani.
Gautam Adani is the founder of one of India’s leading multinational conglomerates, Adani Group.
The company carries out diverse businesses in port management, powerhouses, mining, food processing, airport operations, infrastructures, etc.
Gautam Adani is Asia’s fourth wealthiest person this year.
Moreover, the company operates in more than 50 countries, including Bangladesh, China, and Australia. And its market value is about $149.98 billion.
As of October 2022, Gautam Adani has an estimated net worth of $78 billion.
13. Zhong Shanshan
Net Worth: $77 Billion
The 13th richest person in the world is a Chinese business mogul, Zhong Shanshan.
Shanshan is the founder and CEO of China’s largest bottled water, tea, and coffee beverages producer, Nongfu Spring.
Similarly, he owns a Chinese vaccine developing company, Beijing Wantai Biological Pharmacy Enterprise.
Moreover, as of January 2022, Nongfu Spring has a market value of $62.53 billion. Whereas Beijing Wantai Biological Pharmacy Enterprise is worth $3.24 million.
Zhong Shanshan is China’s wealthiest man.
As of October 2022, Zhong Shanshan has an estimated net worth of $77 billion.
12. Francoise Bettencourt Meyers
Net Worth: $90 Billion
The 12th richest person in the world is a French author and heiress Francoise Bettencourt Meyers.
Francoise Bettencourt Meyers inherited her fortune from her late mother, Liliane Bettencourt, who owned a 33% stake in L’Oreal.
Similarly, the world’s largest cosmetics company, L’Oreal, is worth $235.71 billion.
Francoise Bettencourt Meyers is the world’s wealthiest woman.
Thus, as of October 2022, Francoise Bettencourt Meyers has an estimated net worth of $90 billion.
11. Mukesh Ambani
Net Worth: $91 Billion
Holding the 11th spot is an Indian business magnate, Mukesh Ambani.
Mr. Ambani is the CEO of India’s largest multinational company, Reliance Industries.
The company covers diverse businesses like retail, telecommunications, energy, textiles, petrochemicals, oil, and gas sectors.
Besides, Reliance is India’s most valuable company, with a market capitalization of $231.68 billion. Similarly, it is one of the Fortune Global 500 companies.
Mukesh Ambani is India’s wealthiest man and ranks second wealthiest in terms of Asia.
As of October 2022, Mukesh Ambani has an estimated net worth of $91 billion.
10. Warren Buffett
Net Worth: $105 Billion
Warren Buffet is an American investor, business mogul, and philanthropist.
Similarly, Buffet is the CEO of Berkshire Hathaway, which owns numerous largest multinational companies in auto insurance, jewelry, fast food restaurants, real estate, etc. Its market value is more than $297.99 billion.
Warren Buffet is the most successful investor of all time. He owns 6.3% stakes in Apple, 9.32% in Coca-Cola, and 11.9% in Bank of America.
Moreover, most traders get inspired by Buffet for his mastermind investing strategy.
Thus, the world’s 10th richest person, Warren Buffet, is enjoying an estimated net worth of $105 billion.
9. Larry Ellison
Net Worth: $114 Billion
Holding the 9th spot is an American business magnate, investor, and software developer.
Larry Ellison is the co-founder of the world’s largest tech company, Oracle Corporation. Oracle is the backbone of the world’s information systems, from the U.S Government to the largest online commerce industries globally.
Numerous biggest corporations like Amazon, Netflix, eBay, LinkedIn, etc. use the Oracle database. As of January 2022, Oracle is worth $234.17 billion.
As of October 2022, Larry Ellison enjoys an estimated net worth of $114 billion. Aside from collecting luxurious estates and jets, Ellison owns the 43rd largest island in the US, Lanai.
8. Steve Ballmer
Net Worth: $122 Billion
The eighth richest person in the world is Steve Ballmer.
Steve Ballmer is an American business magnate and investor. Besides, Ballmer served as the CEO of Microsoft from 2000 to 2014. Currently, he owns NBA’s Los Angeles Clippers.
Steve Ballmer bags most of his fortunes from his 4% stake in Microsoft. As of January 2022, Microsoft has a market value of $2.328 trillion.
As of October 2022, Steve Ballmer has an estimated net worth of $122 billion.
7. Sergey Brin
Net Worth: $127 Billion
Sergey Brin is a Russian-born American programmer and Internet magnate. He is the co-founder of America’s Big Five IT companies, Google, and its parent company, Alphabet Inc.
Besides, Google has a valuation of more than $1,210 billion. At the same time, Alphabet Inc. generates revenue of $182.5 billion each year.
Thus, the world’s seventh-richest person, Sergey Brin, enjoys a net worth of $127 billion.
6. Larry Page
Net Worth: $131 Billion
The sixth richest person in the world is Larry Page.
Larry Page is the co-founder of Google and Alphabet Inc., along with Sergey Brin. Similarly, Page is one of the board of directors in Alphabet Inc., and he owns 51% stakes in Alphabet.
As of January 2022 Alphabet (Google) has a market value of $1.802 trillion.
As of October 2022, Larry Page has an estimated net worth of $131 billion.
5. Mark Zuckerberg
Net Worth: $124 Billion
Holding the 5th spot is the world’s youngest self-made billionaire Mark Zukerberg.
Mark Zuckerberg co-founded the world’s largest social networking platform, Facebook, in 2004. At the age of 23, Zuckerberg became the world’s youngest self-made billionaire.
Besides, he is the CEO of Meta, one of the Big Five tech companies in the US.
Meta owns Instagram, Whatsapp, GIPHY and has 9.99% stakes in Jio Platforms. As of January 2022, it has a market value of $923.26 billion.
As of October 2022, Mark Zuckerberg has an estimated net worth of $134 billion.
4. Bill Gates
Net Worth: $138 Billion
Bill Gates is an American business investor, author, and philanthropist.
Gates is the co-founder of the world’s leading software company, Microsoft.
Besides, he owns 50.87% stakes in Berkshire Hathaway, 10.49% in Waste Management, 9.2% in Caterpillar Inc., and 4.49% in Walmart.
Bill Gates was the world’s richest man for about 22 years (1995-2017).
As of October 2022, the world’s fourth-richest person, Bill Gates, has an estimated net worth of $138 billion.
3. Bernard Arnault
Net Worth: $175 Billion
The third-richest person in the world is a French business magnate, investor, and art collector Bernard Arnault.
Bernard Arnault is the chairman and CEO of the world’s largest luxury goods brand, Louis Vuitton. Similarly, he also serves as the chairman in Christian Dior.
As of January 2022, LVMH has a market value of $391.46 billion, and Christian Dior has a market value of $137.5 billion.
Thus, as of October 2022, Bernard Arnault is enjoying a net worth of $175 billion.
2. Jeff Bezos
Net Worth: $188 Billion
The second-richest man in the world is Jeff Bezos.
Jeff Bezos is an American business magnate, investor, and space traveler. He is the founder and chairman of the world’s largest retail and tech company, Amazon.
Similarly, Amazon operates in 22 countries and serves more than 100 countries worldwide. Its market value is around $1 trillion.
Jeff Bezos was the world’s richest person from October 2017 to January 2021.
As of October 2022, Jeff Bezos is enjoying an estimated net worth of $188 billion.
1. Elon Musk
Net Worth: $260 Billion
The world’s richest person is a Mars colonization freak.
Elon Musk is an American business tycoon, investor, and inventor. He is the founder, CEO, and CTO of one of the world’s largest aerospace manufacturing companies, Space X.
Similarly, Musk owns 17% of the stakes in the world’s leading electric vehicle company, Tesla.
Elon Musk became the world’s richest person in January 2021 when Tesla hit the market capitalization of $1 trillion for the first time.
As of October 2022, Elon Musk is enjoying an estimated net worth of $260 billion.
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