Jan 02, 2022
As their net worth and financial performance change, the world's richest peoplecan be added or removed from the list. On October 11, 2021, Forbes released its most up-to-date list of the world's richest people, and we've included a few fun facts about each of them.
Tesla, his electric vehicle company, and SpaceX, his rocket company, are part of Elon Musk's plan to transform transportation on Earth and in space. Electric vehicle maker Tesla is now valued at about $800 billion dollars, making Elon Musk's net worth $202.1 billion at this writing (July 2018). SpaceX, the corporation founded by Elon Musk, is currently valued at more than $100 billion. When Tesla's market value reaches $800 billion, it becomes the world's most valuable automaker.
The founder and CEO of Amazon, Jeff Bezos, is now the world's second-richest person with a fortune estimated at $191.7 billion. In 1994, Jeff Bezos started Amazon from his garage in Seattle. The coronavirus epidemic has boosted sales for the e-commerce giant since more individuals are purchasing online.
Bernard Arnault, Chairman and CEO of LVMH in France are now the world's third-richest person. His empire of more than 70 businesses, including Louis Vuitton and Sephora, has earned him a fortune of $174.8 billion. Bernard Arnault, a French businessman and Europe's rich man made his $100 billion fortune in December of last year.
An estimated $131 billion goes to Bill Gates, the Bill &' Melinda Gates Foundation co-founder. Microsoft co-founder Bill Gates later sold most of his ownership in the firm, keeping just 1% of the shares and investing the rest in other investments.
During Microsoft's post-earnings rally in April last year, Bill Gates became the first person to reach the $100 billion mark in the stock market. The Gates Foundation, founded by Bill and Melinda Gates, is the biggest private foundation in the world.
In 1977, Ellison co-founded Oracle, a software company that has since become one of the world's most valuable companies. In 2014, he resigned as CEO of the firm and had served as chairman of the board and chief technology adviser ever since as a consultant to the company. A Tesla board member since December 2018, Ellison bought 3 million shares earlier in the year. Lanai, a Hawaiian island, is almost entirely owned by him.
Google co-founder Larry Page has an estimated net worth of $119.6 billion, placing him ninth on the list of the world's wealthiest people. "Flying Car" startup businesses Kitty have also received money from him; he is also an investor in Planetary Resources.
Mark Zuckerberg, Facebook's co-founder, CEO, and chairman, is a staunch advocate of the social network that has become a primary mode of communication today. After Facebook went public in May of 2012, he now owns around 15% of the company, making his net worth $118.2 billion. At the age of thirty-two. Instagram Reels, an app similar to TikTok that was recently banned in India and is now having problems in the US, has helped him surpass the $100 billion milestones in terms of net worth.
At $115.3 billion, Sergey Brin is the tenth richest person globally, making him Alphabet's co-founder and board member. In 1998, he and Larry Page co-founded Google, which went public in 2004 and changed its name to Alphabet.
Warren Buffet, the "Oracle of Omaha," is widely regarded as one of history's most successful investors. He is the CEO of Berkshire Hathaway, which owns more than 60 firms, including Geico, Duracell, and Dairy Queen. His total monetary worth is $103.1 billion. He was just 11 years old when he acquired his first share of stock, the son of a US politician.
Mukesh Ambani, the owner of Reliance Industries and India's richest man, is tenth of the world's wealthiest people. The net worth of Mukesh Ambani is $102 billion. A large portion of Mukesh Ambani's wealth comes from his father's oil and gas enterprises, although he is now focusing on more consumer-oriented sectors like telecom and retail. While Reliance Jio has raised over $20 billion in the last few months, its retail campaign will be its next step in gathering funds.
Can you identify any patterns of behavior that significantly influence the way affluent individuals achieve their goals? Does it make sense for us to cultivate personal characteristics or techniques that will help us achieve financial stability?
Tom Corley, "Rich Habits wrote a book," claims that there are several. Over five years, he studied the routines of 233 wealthy individuals and 128 impoverished individuals. He has compiled a list of Richest People's Habitshe saw when he encountered them.
Persistence is often associated with a person's character, yet it's a behavior that can be developed and refined through time. Wealthy people persevere in the face of hardship because they know that success is just around the corner. They're tenacious in all aspects of their lives, not just money-making ones. Wealthy people, according to Corley, are all about perseverance.
According to Corley's views, rich people have an optimistic attitude on life, are buoyant and content, and appreciate their fortune. The following are some more specific findings: [Many, like me, may wonder if these people's contentment with their lot in life was due to their money or their good outlook on life. A chicken with an egg.] [Among the impoverished, he discovered a recurrent occurrence of the following negative attitudes and beliefs:
Wealthy people spend at least 30 minutes a day reading to enhance their knowledge, as stated above. Eighty-five percent read two or more books every month regularly; according to the survey results, Biographies, self-help books, and materials about one's company or profession were common among nonfiction book buyers.
Well-off people can use what they learn daily, rather than just learning for the sake of learning. As a result of their dedication to self-improvement, they could accomplish more and lead better lives.
It's practically hard to recognize what you need to do or do when you live off the cuff, without any consideration about what you're doing. If you don't have a monthly budget, you have no idea where or how to save money. According to Corley, all aspects of a person's life, from finances to relationships, were tracked and measured by the affluent.
According to Bloomberg, there are two paths to becoming one of the top billionaires: one is to become a tech pioneer, and the other is to dominate the retail sector. Alternatively, stick to value investing if you want to keep things simple.
As some super-wealthy folks do, starting with a lot of money isn't a bad idea. The wealthiest persons on this list, on the other hand, made their riches by coming up with brilliant ideas and then following through with them because they had the requisite drive, ambition, and network to see them through to fruition.