Who is the richest person in the world? What is their net worth? How did they make their fortune?
These are the questions spinning in your heads but in today’s video, we are going to answer these questions.
Everybody loves to be a billionaire but why still only a few people are billionaires? Let’s reveal the secrets of today’s top 10 wealthiest people in the world
Number 10: Larry Ellison
Larry Ellison, 77 years old, was born in New York City to a 19-year-old single mother. In 1966, Ellison moved to California and worked as a computer programmer. In 1973 he joined the electronics company Ampex.
In 1977, Ellison founded Software Development Laboratories (SDL) alongside Oates and Miner. Two years later, the company released Oracle. Ellison gave up the CEO role at Oracle in 2014. He joined Tesla’s board in December 2018.
Ellison has invested heavily in luxury real estate over the last decade.
Larry Ellison lives in Hawaii and his net worth is approximately $96.1 billion
Number 9: Steve Ballmer
A 66-year-old Steve Ballmer joined Microsoft in 1980 after Bill Gates convinced him to drop out of Stanford University’s MBA program. Ballmer went on to succeed Gates as Microsoft CEO in 2000. He held the position until stepping down in 2014.
In 2014, shortly after stepping down as Microsoft CEO, Ballmer purchased the Los Angeles Clippers basketball team for $2 billion.
Ballmer started the tech company into hardware, such as the Surface tablet and the Windows mobile phone, during his tenure as CEO.
Ballmer lives in Washington and is the owner of the Los Angeles Clippers with a net worth of $99.3 billion.
Number 8: Warren Buffett
Warren Buffett, a 91-year-old, filed his first tax return in 1944 at the age of 14. He first bought shares in a textile company called Berkshire Hathaway in 1962, becoming the majority shareholder by 1965. He expanded the company to insurance and other investments in 1967.
His portfolio of wholly owned subsidiaries includes interests in insurance, energy distribution, and railroads as well as consumer products. Buffett is a noted Bitcoin skeptic.
Buffett has dedicated much of his wealth to philanthropy. Between 2006 and 2020, he gave away $41 billion.
Buffett resides in Nebraska and is the CEO of Berkshire Hathaway with a net worth of $102 billion.
Number 7: Sergey Brin
Sergey Brin, 48 years old, was born in Moscow, Russia, and moved to the U.S. with his family as a 6-year-old in 1979. After co-founding Google with Larry Page in 1998, Brin became Google’s president of technology. He stepped down in 2019.
Brin spent much of 2019 focusing on X, Alphabet’s research laboratory responsible for innovative technologies like Waymo self-driving cars and Google Glass smart glasses.
Co-founder and Board Member of Alphabet, Brin lives in California and his net worth is $102 billion.
Number 6: Larry Page
A 49-year-old Larry Page and Sergey Brin went on to found Google in 1998, with Page serving as CEO of the company until 2001, and again between 2011 and 2019.
In 2006, the company purchased YouTube, acquired Android, Inc. in 2005, and Google released the Android mobile phone operating system in 2008.
Page was among early investors in Planetary Resources, a space exploration, and asteroid-mining company.
The Shares of Google soared almost 50% in 2021, moving Page and Brin up the billionaire list. Page’s net worth is $106 billion.
Number 5: Bill Gates
While attending Harvard University in 1975, Bill Gates, now 66 years old, went to work alongside his childhood friend Paul Allen to develop new software for the original microcomputers. Following this project’s success, Gates went on to found Microsoft with Allen.
Microsoft produces its line of personal computers, publishes books through Microsoft Press, provides email services through its Exchange server, and sells video game systems and associated peripheral devices. Gates shifted to the role of board chair in 2008. He had joined Berkshire Hathaway’s board in 2004. He stepped down from both boards on March 13, 2020.
Bill Gates has much of his net worth in Cascade Investment LLC.
The co-founder of Microsoft Corp, Bill Gates lives in Washington and his net worth is $118 billion.
Number 4: Gautam Adani
Gautam Adani, now 60-year-old and the founder of Adani Group surpassed Mukesh Ambani in March 2022 as the richest person in Asia. Adani, via his ownership of Adani Group, owns major stakes in six key Indian companies.
In 2020, he purchased a stake in Mumbai International Airport. The billionaire was kidnapped and held for ransom in 1997. Adani was also in Mumbai’s Taj hotel during the 2008 terrorist attack.
The chair and founder of the Adani Group, Adani’s worth is $123 billion.
Number 3: Bernard Arnault
A 73-year-old French national Bernard Arnault is the chair and CEO of LVMH, the world’s largest luxury goods company. LVMH owns brands including Louis Vuitton, Hennessey, Marc Jacobs, and Sephora.
An engineer by training, Arnault first showed his business acumen while working for his father’s construction firm, taking charge of the company in 1971. He converted Ferret-Savinel to a real estate company named Férinel Inc. in 1979.
He was invited to invest in LVMH in 1987 and became the majority shareholder, chair of the board, and CEO of the company two years later.
Arnault is CEO and Chair of LVMH and his net worth is $145 billion.
Number 2: Jeff Bezos
In 1994, Jeff Bezos, 58 years old, founded Amazon.com in a garage in Seattle, shortly after he resigned from the hedge fund giant D.E. Shaw. Amazon.com originally started out selling books but gradually became the world’s largest retailer.
Bezos’ other projects include aerospace company Blue Origin, The Washington Post, and the 10,000-year clock also known as the Long Now.
Founder and Executive Chair of Amazon, Bezos’ net worth is approximately $165 billion.
Number 1: Elon Musk
A 50-year-old Elon Musk was born in South Africa and attended a university in Canada before transferring to the University of Pennsylvania, where he earned bachelor’s degrees in physics and economics. Musk launched Zip2, one of the earliest online navigation services. He created X.com, the online payment system that was sold to eBay Inc. and ultimately became PayPal Holdings Inc.
In 2004, Musk became a major funder of Tesla Motors (now called Tesla).
Musk is also the CEO and chief engineer of Space Exploration Technologies.
Co-founder and CEO of Tesla, Musk lives in Texas and his net worth has peaked at $254 billion.
That’s all for now folks. We are done with money talks but if you have liked the video please subscribe to our channel and don’t forget to like and share this video.
See you soon, be rich, and be a billionaire.
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