List of Top 15 Richest People in the World: Forbes World’s Billionaires List 2022

Forbes has published a list of the world’s top 200 richest individuals, including India’s Mukesh Ambani and Gautam Adani, ranking 10th and 5th, respectively. India is delighted by the two business magnates and their funny demeanor. Elon Musk has been declared the world’s richest person, with a total wealth of 221.4 billion dollars.

India’s Representation on the Forbes Billionaires List 2022

Mukesh Ambani, the Chairman of Reliance Industries, is the world’s tenth-richest person. Gautam Adani and his family have risen to fifth place on Forbes’ annual list of the world’s wealthiest. Look at the top 15 richest persons in the world, along with their net worth, in the table below.

Forbes’ list of the world’s top 15 richest people:

Highlights

• 86 billionaires are under the age of 40, including 12 under the age of 30.
• The United States has the most billionaires, with 735, followed by China with 607 and India with 166.
• According to Forbes 2022, the following are the world’s richest ten billionaires. List of the World’s Billionaires
• No one became wealthier than Tesla CEO Elon Musk, who ascended to the top of the World’s Billionaires list for the first time.

According to Forbes, the number of billionaires in Russia and China has dropped dramatically. Following Vladimir Putin’s invasion of Ukraine, Russia has 34 fewer billionaires than last year, while China has 87 fewer billionaires due to a government crackdown on tech enterprises.

According to Forbes, there will be around 2,755 billionaires around the globe by 2022. The majority of these wealthy individuals are the entrepreneurs of technological companies. Many of their money is invested in these businesses as publicly listed equities. As a result, the net worth of the wealthiest individuals is sometimes vulnerable to swings due to shifting market valuations. The following is a list of the top ten richest people in the world, according to data obtained in June 2022 from Forbes’ real-time Billionaire Index.

1. Elon Musk

The technology tycoon is the CEO and co-founder of Tesla and will be the world’s richest man in February 2022. His 17% ownership in this company is worth around $153 billion. His net worth is a phenomenal $215.6 billion, which includes investments in space exploration technology, $40.3 billion in private assets, and $3.9 billion in cash. Tesla shares increased by around 340% in 2020, driving Musk’s fortune to the top of the list. Tesla will be included in the S&P 500 list in December 2020, making it the largest firm in this category.

2. Bernard Arnault

Bernard Arnault’s net worth is an astonishing $139.1 billion, placing him second on the list of the world’s richest people in 2022. He owns 97.5% of Christian Dior, worth $126 billion. His other holdings include a public asset worth $24.4 billion in Moelis& Company shares, an undisclosed interest in Hermes equity, and $10.9 billion in cash. He is the chairman and CEO of LVMH, the world’s largest luxury goods firm.

3. Jeff Bezos

Amazon’s founder and executive chairman. With a net worth of $133.4 billion, Jeff Bezos ranks third on the list of the richest people. He owns a 10% interest in Amazon, which is worth $153 billion. His other holdings include private firm ownership in Blue Origin worth $9.15 billion, a $250 million private asset in The Washington Post, and $15.6 billion in cash. During the Covid-19 epidemic, demand for internet buying increased, resulting in a 76% increase in Amazon’s share price.

4. Bill Gates

Bill Gates is the fourth-richest person in the world, with a net worth of $122.4 billion in 2022. His 1.3% stake in Microsoft is worth $30.8 billion. He also owns Cascade Investment LLC, which has $55.9 billion in public and private assets and $55.3 billion in cash. Cascade’s privately owned stake is spread throughout Deere, Republic Services, Canadian National Railway, and a portfolio of private energy and real estate businesses.

5. Gautam Adani & family

Gautam Adani, the infrastructure magnate, owns India’s largest port, Mundra Port, in his native state of Gujarat. His Adani Group, worth $13 billion in revenue, has holdings in infrastructure, commodities, electricity production and transmission, and real estate.

In September 2020, Adani purchased a 74% share in Mumbai International Airport, India’s second busiest. He is presently the largest airport operator in the country.Adani aspires to be the world’s greatest producer of renewable energy and has stated that he will invest up to $70 billion in renewable energy projects.He made a huge breakthrough into cement in May 2022 when he won the competition to buy Swiss firm Holcim’s cement division in India for $10.5 billion.

6. Larry Ellison

Larry Ellison, the CT|O, Chair, and Co-founder of Oracle ranks sixth on the list of the world’s richest people in 2022. He is worth $94.6 billion, while his 40% ownership interest in Oracle is $63.3 billion. His other holdings include $13.1 billion in publicly traded Tesla stock and $17.3 billion in cash and real estate investments.

7. Warren Buffett

With a net worth of $100.9 billion, Warren Buffett ranks seventh among the world’s richest people in 2022. The value of his 16% interest in Berkshire Hathaway is estimated to be $114 billion. Among his other holdings is $1.1 billion in cash. Warren Buffett, sometimes known as the “Oracle of Omaha,” is the most well-known living value investor. He makes his wealth by acquiring undervalued businesses. According to industry analysts, he is a Bitcoin sceptic.

8. Larry Page

Larry Page, Alphabet’s Board member, and co-founder, has achieved the eighth position on the list of the richest people in 2022. His net worth is estimated to be $120 billion, with a 6% stake in Alphabet valued at $105.7 billion. Among his other holdings is $14.6 billion in cash. Google’s stock rose roughly 50% in 2021, propelling Page’s name onto the billionaire list. Larry was also an early investor in Planetary Resources, a space exploration, and asteroid mining firm.

9. Sergey Brin

Sergey Brin, with a net worth of $91.4 billion, is ninth on the list of the richest people in 2022. Alphabet’s Board member and co-founder is a California-based technology entrepreneur. His 6% share in Alphabet is valued at $100.5 billion. He, too, has a cash asset of $14.7 billion. Sergey Brin was born in Russia and migrated to the United States with his family when he was six years old, co-founding Google with Larry Page in 1998.

10. Mukesh Ambani

Mukesh Ambani, the most popular Indian entrepreneur, ranks tenth on the list of the world’s richest people, with a net worth of $96.6 billion. His stake in Reliance Industries is worth $88.9 billion. He, too, has a $410 million private wealth in Mumbai residential property. Reliance Industries Chairman and Managing Director, interested in telecommunications and retail sales. He also serves on the World Economic Forum’s board of directors.

11. Steve Ballmer

Steve Ballmer is the ex-CEO of Microsoft who headed the firm from 2000 until 2014. After dropping out of Stanford’s MBA program, he joined Microsoft as employee number 30 in 1980. Ballmer directed Microsoft’s efforts to catch up to Google in information retrieval and Apple in mobile phones following the first dot-com disaster.

The same year he left Microsoft, he paid $2 billion for the Los Angeles Clippers of the National Basketball Association. Since 2014, he has increased his charity, placing nearly $2 billion into a donor-advised fund to pull Americans out of poverty. In 2018, he put $59 million into Social Solutions, a company that creates software for organizations and government agencies.

12. Carlos Slim Helu & family

Carlos Slim Helu, Mexico’s richest man, and his family own América Móvil, Latin America’s largest mobile phone corporation. Slim purchased a share in Telmex, Mexico’s sole phone carrier, with international telecom partners in 1990. América Móvil has acquired Telmex.

He also owns 17% of The New York Times and investments in Mexican construction, consumer goods, mining, and real estate industries. Slim’s son-in-law Fernando Romero created the Soumaya Museum in Mexico City, which houses Slim’s diverse art collection. Slim and his family own 79% of Grupo Carso, one of Latin America’s largest companies, and thus account for more than 8% of his income.

13. Micheal Bloomberg

In 1981, Michael Bloomberg cofounded Bloomberg LP, financial information and media corporation. He provided the company with early capital and currently controls 88% of the corporation, with revenues over $10 billion.

Bloomberg began his career on Wall Street in 1966 as an entry-level employee at Salomon Brothers financial bank. He was let go 15 years later. He is a significant philanthropist who has given more than $12.7 billion to causes such as gun control and climate warming.

He declared a presidential bid in November 2019 (but dropped out in March 2020) and spent hundreds of millions of dollars to unseat Donald Trump in 2020. Bloomberg is just four people who have served as mayor of New York City for 12 years.

14. Zhong Shanshan

Zhong Shanshan is the CEO of Nongfu Spring, a bottled water firm that will go public in Hong Kong in September 2020. During China’s turbulent Cultural Revolution, Zhong, born in Hangzhou, dropped out of primary school.

Before launching his firm, he worked as a construction worker, a newspaper writer, and a beverage sales representative. Zhong also has a stake in Beijing Wantai Biological Pharmacy, which is set to go public on the Shanghai Stock Exchange in April 2020.

15. Francoise Bettencourt Meyers & Family

Francoise Bettencourt Meyers, the granddaughter of L’Oreal’s founder, is the world’s richest woman. Bettencourt Meyers and her family hold around 33% of L’Oreal. She has been on the board of L’Oreal since 1997 and is the chairperson of the family holding business. When her mother Liliane Bettencourt, the world’s richest woman at the time, died at 94, she became France’s reigning L’Oreal heiress.

Bettencourt Meyers is also the president of her family’s philanthropic organization, which promotes French advancement in science and the arts. Following the April 2019 fire at Notre Dame Cathedral, L’Oreal and the Bettencourt Meyers family committed to giving $226 million to reconstruct it.

Conclusion

Billionaires disproportionately impact the world economy, politics, and philanthropy. According to Forbes, the world’s billionaires will number 2,668 in 2022.

The wealthiest are members of an even more exclusive club and hold even more influence. Many of these billionaires are the founders of technology behemoths, with a large portion of their fortune still invested in the firms they founded.

They can, however, borrow against that wealth to avoid selling shares, so delaying taxes on unrecognized capital gains. Multi-billionaires can also use a variety of tax breaks to offset reported income, resulting in some on this listing incurring no income tax in recent years.