There are so many rich people today, and it seems like it is easier to earn money now than it ever was. All thanks to the internet, people find things to buy online and even can earn money by playing games on sites like Vulkan Vegas. But what do we know about these business moguls?
1. Elon Musk: $268 billion
Elon is the CEO of Tesla, and his current worth is $268 billion. He owns 16% of Tesla, and he has other assets in several companies.
Here are some of his assets:
- The Boring Company – $3.4 billion
- Space X – $40.3 billion
- Twitter – $3.6 billion
His cash asset is at $9.35 billion, and he recently made headlines for making a bid to acquire Twitter. He ran a campaign back in April 2022, resulting in a buyout worth $44 billion. About half of this, $21 billion, is his money.
2. Jeff Bezos: $15 billion
The king of Amazon used to be the richest man in the world. He founded Amazon in his garage back in 1994. He offered his idea to some people, but they rejected him.
Initially, Jeff sold books. Eventually, the company became a go-to shop for almost everything. Now, it is the largest retailer in the world.
Jeff’s success lies in his ability to diversify and innovate. Back in 2017, he acquired Whole Foods. He even entered the pharmacy business that same year.
Today, Jeff owns 16% of Amazon’s shares. After his divorce, he transferred 4% of these shares to his now ex-wife, MacKenzie Scott. In 2020, Amazon benefitted tremendously because of the pandemic, with its shares rising by 76%.
3. Bernard Arnault: $132 billion
Little is known about this man as he is not on the radar of most people. Bernard is the major stakeholder of Louis Vuitton. He also owns stakes in Moelis and Company and Hermes.
Bernard is known pretty much in fashion circles. Most of his wealth came from selling and owning stakes in the luxury industry, especially bags and perfumes.
Bernard is an engineer by profession. When he worked at his father’s construction firm, he showed how business savvy he was, and he took charge of the company in 1971.
4. Bill Gates: $127 billion
Who has not heard of Bill Gates? The founder of Microsoft, Bill Gates, is one of the most controversial figures of his time, especially in the tech world.
He attended Harvard back in 1975 but decided to drop out. Then, he started his business, Microsoft, with a childhood friend. The project they launched was a success, and Microsoft is now the biggest software company in the world.
5. Gautam Adani: $120 billion
Gautam is the Founder and Chair of the Adani Group. It is a large company in India that focuses on utilities, especially energy.
Here are his assets:
- Adani Ports – 65% or $12.6 billion
- Adani Green Energy – 61% or $23.3 billion
- Adani Total Gas – 37% or $13.2 billion
Adani is a college dropout. He then worked in the diamond trade. Now, his companies are the largest thermal coal producer and port operator in India.
6. Warren Buffet: $116 billion
Now at 91 years old, Warren made his fortune from investing. Today, he is the most famous investor who is still alive. His first job was a paper route. Because of his ability to know which stocks would succeed, Warren earned the nickname Oracle of Omaha.
As a young boy, he bought shares of Berkshire Hathaway and became a major shareholder in 1965. Eventually, he expanded the company to invest in insurance and other stocks. One particular investment he made was Coca-Cola.
7. Larry Page: $105 billion
Larry co-founded Google, and we all know what Google means to the lives of billions of people. Now known as Alphabet, Google pretty much is involved with a lot of people’s day-to-day lives.
Larry started his path to success in his college dorm room. He attended Stanford University, and then he and his friend thought of a way to extract internet data. They created a search engine called Backrub. Then, they founded Google, and the rest is history.
8. Sergey Brin: $101 billion
Sergey is Larry’s partner. Both of them created Google, and he now serves as its Board Member. Born in Moscow, he and his family moved to the United States in 1979.
He was Google’s president of technology once. He became a CEO and then stepped down in 2015 to give the helm to Sundar Pichai.
9. Mukesh Ambani: $97.7 billion
Born in Yemen, Mukesh is the Chair and Manager of Reliance industries. His father started with a spice trading business and then opened a textile mill later on.
Mukesh has a degree in Chemical Engineering and pursued a master’s degree in Business Administration at Stanford University. His father died in 2002, and Mukesh, along with his brother, took control of the company.
10. Steve Ballmer: $97.6 billion
Steve was once the CEO of Microsoft. He joined the company in 1980. Today, he owns an estimated 4% of Microsoft’s assets.
Steve is also the basketball team owner of the Los Angeles Clippers. He purchased the basketball team after he stepped down as CEO of Microsoft in 2014.