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Monday, October 18, 2021

Getting to Know the Men on the Forbes Billionaires List

The Forbes billionaires list is one of the most reliable lists of the richest people in the world. Not only do they track the daily crest and trough of these people but also substantiate it regularly. This is a platform that tracks the wealth of the Forbes billionaires by taking into consideration their net worth and ranks them accordingly. For each individual, their net worth is updated once every 5 minutes based on the ups and downs of the stock market. While those who have significant relations with private enterprises, the status is updated once a day.

The following is a list of the richest people in the world

Elon Musk

Forbes richestElon Musk was born and raised in Pretoria, South Africa. He came to Canada when he was 17 years old where he attended Queen’s University. He received his bachelor’s degree here and started his Ph.D. but soon dropped out of it to pursue his career in business. He is now at the top of the Forbes billionaires list, with a net worth of $189.7B While his first few ventures were of some success what really made him one of Forbes richest is his association with Tesla. While he has always had a deep passion for electric cars, the possibilities Forbes extended to him, made him invest more. He is also the founder of SpaceX which is associated with building and bridging the gap between the earth and the vast expanse of space. With Tesla’s shares manifolding in the last year, Musk has been named number one among the other wealthiest people.

Jeff Bezos

Jeff Bezos has a net worth of $186B and is one of the Forbes richest. Everyone under the sun has heard the name of Amazon and Bezos is the founder of this online retail website which is the biggest of its kind. While Amazon sells everything from coffee mugs to toilet cleaners, they are also associated with Whole Foods which is a grocery chain. Bezos overtook Bill Gates into becoming the wealthiest person in the world for the first time in October 2017. Jeff has ownership over 11% shares of Amazon and has been at the top of the Forbes billionaires list for a long while.

Bernard Arnault & family

top richest peopleBernard Arnault and his family cumulatively have a net of $155.5 B. He is an industrialist, entrepreneur, investor, making him one of the Forbes billionaires. He is a serial investor and is associated with over 70 companies, some of which include Louis Vuitton, Gucci, Sephora, and more. This has helped him remain among the top richest people around the globe. He is the CEO and the chairman of LVMH Moet Hennessy Louis Vuitton, which has recently acquired Tiffany & Co for a lump sum of $16.2 billion which has been known as one of the biggest luxury brand deals of all times. He started his empire for the first time in 1985 with Forbes.

Bill Gates

Bill Gates has been known as one of the wealthiest people in the world for a really long time before he was overtaken by Jeff Bezos in 2017. His net worth, as of 1/9/21 is $122B. His long association with Microsoft and its success have made him one of the Forbes richest. However, he has sold or given much of his stake from Microsoft away and as of now owns only as much as 1% of shares. He is well known for the Gates Foundation which is one of the biggest private charitable organizations. He stated the Gates Foundation with his wife Melinda Gates and it is known that he has donated almost $35.8 billion of Microsoft stocks into the Gates Foundation.

Mark Zuckerberg

list of richest people in the worldAt the mere age of 19, Mark started Facebook as a social media website in 2014 which has helped him take up a prominent place in the list of richest people in the world. Facebook has now acquired most of the other social media platforms like WhatsApp and Instagram that have made the company more successful than ever. This platform has been recognized as the most used one during the COVID 19 for communication and social transaction. While the company has received backlash from time to time, Zuckerberg has been able to remain one of Forbes richest. Zuckerberg, with his wife, has taken a pledge to donate 99% of their shares over their lifetime to charity.

Zhong Shanshan

With a net worth of $95.6 B, Shanshan has risen to prominence in the list of richest people in the world. This Chinese billionaire is the founder of Nongfu Spring which is a company of bottled water. They listed their shares in Hong Kong on September 20. He dropped out of school and went on to take up a number of odd jobs before becoming part of the wealthiest person in the world list.

Larry Ellison

Forbes billionairesLarry Ellison is one of the most influential Forbes richest persons in the world. Anybody following the tech world will know his name as he owns about 35.5% shares of software giant Oracle. Being the co-founder, chief technology officer as well as the former CEO of same, his company had grown under his guidance to be one of the most formidable in the industry. He has also recently joined Tesla’s board purchasing almost 3 million of their shares. This has helped him in the journey of becoming one of Forbes richest.

Warren Buffett

Warren Buffet has been admirably known as the “Oracle of Omaha,” being one of the most successful investors of this era. This has helped him occupy quite a permanent place in the list of richest people in the world. He runs a company named Berkshire Hathaway, which owns some of the most loved companies including Dairy Queen and Duracell. He joined hands with Bill Gates into founding the Giving Pledge. He is truly one of the most inspiring Forbes billionaires.

wealthiest peopleLarry Page

used to be the CEO of Alphabets which is the parent company of Google recently. Although he has stepped down from the post he still is a controlling shareholder, making him one of the top richest people. He was a co-founder of Google and has since been one of the most influential Forbes richest.

Sergey Brin

Sergey Brin is an internet entrepreneur who gave up his position as the president of Google in 2019. He was the other co-founder of Google. This made him reach the list of the richest people in the world. Allegedly this Forbes richest is at the moment attached with an extremely important and hi-tech airship project.

The Forbes billionaires list values and evaluate those who occupy a much important position in the world. An assessment of the top richest people and of their net worth is an important determinant in understanding those who form this tier of Society.

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Josie Patra
Josie Patra is a veteran writer with 21 years of experience. She comes with multiple degrees in literature, computer applications, multimedia design, and management. She delves into a plethora of niches and offers expert guidance on finances, stock market, budgeting, marketing strategies, and such other domains. Josie has also authored books on management, productivity, and digital marketing strategies.

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