Elon Musk is the world’s richest man as of May 2022, with a net worth of around $230 billion, followed by Bernard Arnault (No. 2, $153.9 billion), Jeff Bezos (No. 3, $140 billion), and Bill Gates (No. 4, $128.5 billion). With a net worth of $115.3 billion, Warren Buffett is the sixth richest person on the planet. Gautam Adani came in sixth with a personal wealth of $105.5 billion, followed by Larry Ellison with $100.1 billion. With a net worth of $96 billion, Mukesh Ambani is ranked ninth. Larry Page ($96.9 billion) was ranked 8th on the list of the world’s richest individuals, followed by Carlos Slim Helu & family($93.4 billion). Let’s take a look on latest report on top richest people in the world 2022.
Top Richest People in the world May 2022:
1. Elon Musk Net Worth: $230 billion
According to Bloomberg, Elon Musk owns a 23% stake in Tesla, the electric car company he co-founded in 2003 and which accounts for more than 67 percent of his total earnings.
The remainder of his fortune is related to the fortunes of SpaceX, a $100 billion rocket company.
SpaceX, which was founded in 2002, is the second most valuable private firm in the world. The quick surge in SpaceX’s valuation is due to the company’s recent deal to sell up to $755 million in stock at $560 per share to new and current investors.
Elon Musk’s fortune has grown by $119 billion in 2021 thanks to a 45 percent increase in the price of Tesla shares, as investors continue to gamble that electric vehicles will be the future of the auto industry.
The billionaire’s net worth is more than 1% of US GDP, and he is famous for supporting cryptocurrency and its fan base. He is the most richest person in the world. Elon Musk got first position in richest people in the world 2022.
2. Bernard Arnault Net Worth: 153.9 billion
Bernard Arnault is a French billionaire who made his fortune as chairman and CEO of LVMH, the world’s largest luxury goods conglomerate. As of this writing, Bernard Arnault has a net worth of $153.9 billion USD. His net worth places him behind Jeff Bezos and Bill Gates, among the world’s richest people in 2022. Benard Arnault net worth is expected to be $153.9 billion as of May 2022, making him the second richest person in the world.
3. Jeff Bezos Net Worth: 140 billion
Jeff Bezos is a philanthropist, businessman, and space explorer from the United States who is best known for founding Amazon.com. Amazon.com is led by Jeff Bezos, who is the company’s founder, CEO, president, and chairman of the board. In July 2017, he became the first person to surpass Bill Gates in terms of fortune. Between October 2017 and January 2021, he was the world’s richest man without fail. Jeff Bezos net worth is expected to be $140 billion as of May 2022, making him the third richest person in the world.
4. Bill Gates Net Worth: $128.5 billion
Bill Gates’ net worth is expected to be $128.5 billion as of May 2022, making him the fourth richest person in the world.
- Age: 66
- Residence: Washington
- Co-founder: Microsoft Corp.
- Net Worth: $128.5 billion
- Microsoft Ownership Stake: 1.3% ($29.9 billion)
- Other Assets: Cascade Investment LLC ($57.1 billion public assets), $55 billion in cash36
5. Warren Buffett Net Worth: $115.3 billion
Buffett has given up a large portion of his fortune to charity. He donated over $41 billion between 2006 and 2020, largely to the Bill & Melinda Gates Foundation and his children’s organizations. In 2010, Buffett and Bill Gates co-founded the Giving Pledge.
Buffett, who is 91 years old, is still the CEO, but in 2021 he hinted at who would succeed him: Gregory Abel. Abel leads Berkshire Hathaway’s non-insurance operations.
6. Gautam Adani Net Worth: $105.5 billion
Gautam Adani is the founder of the Adani Group, India’s largest port operator. The infrastructure company, based in Ahmedabad, India, is also the country’s largest thermal coal producer and trader. Adani Enterprises, the group’s public trading company, had sales of $5.3 billion for the fiscal year that ended on March 31, 2021. With a net worth of $105.5 billion, Gautam Adani is the sixth richest person in the world.
7. Larry Ellison Net Worth: $100.1 billion
Ellison is the seventh richest person in the world, with a net worth of $100.1 billion. He’s one spot ahead of Warren Buffett and just behind former Microsoft CEO Steve Ballmer.
Ellison, who is 77 years old, owns more than 40% of Oracle, the business software company he co-founded in 1977 and continues to lead as chairman and chief technology officer. While Ellison’s Oracle shares account for over 75% of his wealth, he also owns a $15 billion interest in Tesla Inc., making him one of the company’s top individual shareholders.
8. Larry Page Net Worth: $96.9 billion
- Age: 49
- Residence: California
- Co-founder and Board Member: Alphabet
- Net Worth: $96.9 billion
- Alphabet Ownership Stake: 6%
Larry Page, like several other software millionaires on our list, began his journey to fame and money in a college dorm room. Page and his friend Sergey Brin came up with the idea of better internet data extraction while at Stanford University in 1995. The duo created “Backrub,” a new search engine technology named after its capacity to examine “backing links.” Page and Brin then went on to start Google in 1998, with Page serving as CEO until 2001, and then again between 2011 and 2019.
With a net worth of $96.9 billion, Larry Page is the 8th richest person in the world.
9. Mukesh Ambani Net Worth: $96 billion
- Age: 65
- Residence: Mumbai, India
- Chair and Managing Director: Reliance Industries
- Net Worth: $96 billion
- Reliance Industries Ownership Stake: 45%
- Other Assets: Mumbai residential property ($410 million private asset)
Mukesh Ambani, the son of a trade firm clerk, was born in British-controlled Yemen. Dhirubhai Ambani, his father, returned to India the next year, residing in a two-room Mumbai apartment with his family and starting a spice trading business. In 1966, Dhirubhai Ambani opened his first textile factory. In 1977, he put his company, Reliance Industries, on the Mumbai stock exchange, where it quickly gained a large number of loyal shareholders. With a net worth of $96 billion, Mukesh Ambani got 9th position in richest people in the world.
10. Carlos Slim Helu & family Net Worth: $93.4 billion
Carlos Slim Helu, Mexico’s richest man, and his family own America Movil, Latin America’s largest mobile phone company. Slim purchased a stake in Telmex, Mexico’s only phone carrier, in 1990 with the help of foreign telecom partners. America Movil has acquired Telmex. He also owns 17 percent of The New York Times and has investments in Mexico’s construction, consumer goods, mining, and real estate industries. Slim’s enormous, varied art collection is housed in the Soumaya Museum in Mexico City, which was designed by his son-in-law, Fernando Romero. Slim and his family own 79 percent of Grupo Carso, one of Latin America’s largest companies, which accounts for more than 8% of his wealth. With a net worth of $93.4 billion, Carlos Slim Helu got 10th position in richest people in the world.
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