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Ten Richest People in the World (August 30, 2022)

Updated: Aug 30

Here is a list of the 10 richest people in the world, as well as their net worth.


What does it take to be one of the richest people in the world? While there are many different factors that contribute to wealth, there are a few commonalities among the richest people on earth. They have made billions of dollars through their smart business decisions, hard work, and tenacity.

Ten Richest People in the World

Ten Richest People in the World (August 2022)

1. Elon Musk

  • Net worth: $255.1 B

  • Company: Tesla, SpaceX

  • Country: United States

Elon Musk is an entrepreneur and business magnate who cofounded six companies, including electric car maker Tesla, rocket producer SpaceX and tunneling startup Boring Company. Musk was born in South Africa in 1971 and immigrated to Canada to attend Queen's University. He later transferred to the University of Pennsylvania, where he received bachelor's degrees in economics and physics.


In 1995, Musk moved to California to pursue a career in technology. He co-founded the web software company Zip2 with his brother Kimbal Musk in 1995, which was acquired by Compaq Computer Corporation for $307 million in 1999. Musk co-founded the online bank X.com that same year, which merged with Confinity in 2000 to form the company PayPal and was subsequently bought by eBay in 2002 for $1.5 billion.


In 2002, Musk founded SpaceX, an aerospace manufacturer, and space transport services company, of which he is CEO, CTO, and lead designer. In 2004, he joined electric vehicle manufacturer Tesla Motors, Inc. (now Tesla, Inc.) as chairman and product architect, becoming its CEO in 2008. In 2006, he helped create SolarCity, a solar energy services company and current Tesla subsidiary.


In 2015, he co-founded OpenAI, a nonprofit research company that promotes friendly artificial intelligence. In 2016, he co-founded Neuralink Corporation, a neurotechnology company focused on developing brain-computer interfaces and founded The Boring Company, a tunnel construction company. Musk has also proposed the Hyperloop: a high-speed vactrain transportation system.


2. Bernard Arnault

  • Net worth: $162.2 B

  • Company: LVMH

  • Country: France

Bernard Arnault was born on March 5, 1949, in Roubaix, France. He is the chairman and CEO of LVMH Moët Hennessy Louis Vuitton SE, the world's largest luxury-goods company. LVMH operates over 70 brands, including Louis Vuitton, Dom Pérignon, Domaine Chandon, Fendi, Givenchy, Hennessy, and Moët & Chandon. The company also owns Sephora, the world's largest beauty retailer. Bernard Arnault has been credited with transforming LVMH into the powerhouse it is today. Under his leadership, the company has seen explosive growth and now boasts a market value of over $350 billion as of May 2021. Bernard Arnault is a true visionary in the luxury industry, and there is no doubt that he will continue to lead LVMH to even greater success in the years to come.


3. Jeff Bezos

  • Net worth: $154.3 B

  • Company: Amazon

  • Country: United States

Jeff Bezos was born on December 12, 1964, in Albuquerque, New Mexico. He is the founder and CEO of Amazon.com, an online retailer that sells a wide variety of products, including books, music, electronics, and home goods. Jeff Bezos graduated from Princeton University in 1986 with a degree in electrical engineering and computer science. He then worked on Wall Street for a few years before starting Amazon.com in 1994. Amazon.com quickly became a success. In addition to Amazon.com, Jeff Bezos also owns The Washington Post and the aerospace company Blue Origin.


4. Gautam Adani

  • Net worth: $146.2 B

  • Company: Adani Group

  • Country: India

Gautam Adani is an Indian billionaire industrialist who is the chairman and founder of the Adani Group. He was born in Ahmedabad, India, in 1962. Adani began his career working in his family's textile business before moving into infrastructure development. He founded the Adani Group in 1988, and it has since grown into a diversified conglomerate with interests in energy, resources, logistics, and agribusiness. The Adani Group is one of India's largest privately-held companies, and it has been instrumental in the development of many major infrastructure projects in the country. Gautam Adani is a self-made man who is known for his ambition and work ethic. His story is an inspiring example of what can be accomplished through hard work and determination.


5. Bill Gates

  • Net worth: $110.7 B

  • Company: Microsoft

  • Country: United States

Bill Gates was born on October 28th, 1955, in Seattle, Washington. He is an American business magnate, software developer, and philanthropist. He is best known as the co-founder of Microsoft Corporation. Bill Gates and Paul Allen founded Microsoft in 1975, and it became the world's largest PC software company. In addition to his work at Microsoft, Gates is also a philanthropist and has donated billions of dollars to charitable causes through his Bill & Melinda Gates Foundation.


6. Larry Ellison

  • Net worth:$103.1 B

  • Company: Oracle Corporation

  • Country: United States

Larry Ellison was born in New York City on August 17, 1944. He was raised in a Jewish household in the Bronx, and his family later moved to Redwood Shores, California. After dropouts from the University of Chicago and Berkeley, Larry Ellison founded Oracle Corporation in 1977 with co-founders Bob Miner and Ed Oates. The company specializes in developing and marketing database software and technology, cloud-engineered systems, and enterprise software products—particularly its own branded Oracle Database. Larry Ellison has been credited as one of the key figures behind the proliferation of relational databases during the 1980s and 1990s. He is currently the executive chairman and chief technology officer of Oracle.


7. Warren Buffett

  • Net worth: $100.2 B

  • Company: Berkshire Hathaway

  • Country: United States

Warren Buffett is an American business magnate, investor, and philanthropist. He was born in Omaha, Nebraska on August 30, 1930. He is the chairman and CEO of Berkshire Hathaway. His company owns more than 60 companies, including insurer Geico, battery maker Duracell, and clothing companies Fruit of the Loom and Helzberg Diamonds. He is a committed philanthropist and has pledged to give away 99 percent of his fortune to charitable causes. Warren Buffet is known as one of the most successful investors in history, and his investing philosophy is widely followed around the world.


8. Mukesh Ambani

  • Net worth: $95.5 B

  • Company: Reliance Industries

  • Country: India

Mukesh Ambani is an Indian business magnate who is the chairman and managing director of Reliance Industries Limited (RIL), a Fortune 500 company and India's most valuable company by market value. Mukesh was born on April 19, 1957, in Aden, Yemen, to Dhirubhai Ambani and Kokilaben Ambani. His father was a businessman who later founded Reliance Industries. Mukesh completed his schooling at Hill Grange High School, Mumbai, and completed his BE degree in Chemical Engineering from the Institute of Chemical Technology (UDCT), Mumbai. After the death of his father in 2002, Mukesh took over as the chairman and managing director of Reliance Industries. Under his leadership, the company has grown to become a leading conglomerate with interests in petroleum, textiles, natural gas, retail, and telecommunications. Mukesh is also active in philanthropy and has set up several foundations to support education and healthcare initiatives in India.



9. Larry Page

  • Net worth: $94.0 B

  • Company: Google

  • Country: United States

Larry Page was born on March 26, 1973, in East Lansing, Michigan. He co-founded Google Inc. in 1998, serving as the company's initial chief executive officer until 2001. He later returned to Google as CEO in April 2011. In addition to his work with Google, Larry Page is also a board member of Alphabet Inc., the holding company for Google and its subsidiaries. He is also an active philanthropist, providing financial support to a variety of organizations and causes. Larry Page is widely respected as one of the most innovative and successful entrepreneurs of our time.


10. Sergey Brin

  • Net worth: $90.1 B

  • Company: Google

  • Country: United States

Sergey Brin was born in Moscow on August 21, 1973. When he was six years old, his family emigrated to the United States. Brin attended Stanford University, where he met Larry Page. The two later co-founded Google. Currently, Brin remains an employee, board member, and controlling shareholder of Alphabet Inc., Google's parent company. In addition to his work in the tech industry, Brin is also a philanthropist and an investor. He has donated millions of dollars to various causes, including medical research, education, and climate change. Sergey Brin is one of the most influential figures in the tech world today.




FAQ


Who is No. 1 richest person in the world?


Elon Musk is the richest person in the world, with a net worth of $255.1 billion. The South African-born entrepreneur is the founder, CEO, and CTO of SpaceX, co-founder of Tesla Motors, and chairman of SolarCity. He also has a stake in several other companies, including OpenAI and Neuralink. In addition to his businesses, Musk is also an active philanthropist, donating to causes such as renewable energy research and artificial intelligence.


Who is the second richest man in the world?


Bernard Arnault is the second richest man in the world, with a net worth of $162.2 billion. Arnault is the chairman and CEO of LVMH Moet Hennessy Louis Vuitton SE, the world's largest luxury goods company.


Who are the top 10 richest people in the world?

  • Elon Musk

  • Bernard Arnault

  • Jeff Bezos

  • Gautam Adani

  • Bill Gates

  • Larry Ellison

  • Warren Buffett

  • Mukesh Ambani

  • Larry Page

  • Sergey Brin