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How much money the 10 richest people in the world made in 2021

By : | 0 Comments | On : septiembre 24, 2020 | Category : Bookkeeping

5 wealthiest people in the world

Musk countersued the company but then reversed course and declared he was willing to buy it after all. The deal officially closed in Oct. 2022, giving him a 79% stake in the company. An engineer by training, Arnault first showed his business acumen while working for his father’s construction firm, Ferret-Savinel, taking charge of the company in 1971. He converted Ferret-Savinel to a real estate company named Férinel Inc. in 1979.

  • If you want to learn more about other billionaires’ wealth and details, visit the Real-Time Billionaires List for the most updated information.
  • As Facebook began to be used at other universities, Zuckerberg dropped out of Harvard to focus entirely on his growing business.
  • Mark Zuckerberg first developed Facebook (now Meta) alongside fellow students Eduardo Saverin, Dustin Moskovitz, and Chris Hughes while attending Harvard University in 2004.
  • There are 141 more billionaires in the world than last year, with 2,781 in total.
  • As the economy faltered, with businesses shuttering and unemployment soaring, the stock market boomed.
  • An engineer by training, Arnault first showed his business acumen while working for his father’s construction firm, Ferret-Savinel, taking charge of the company in 1971.

Widely known as the Oracle of Omaha, Buffett is a buy-and-hold investor who built his fortune by acquiring undervalued companies. More recently, Berkshire Hathaway has invested in large, well-known companies. Its portfolio of wholly owned subsidiaries includes interests in insurance, energy distribution, and railroads as well as consumer products.

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He is the chairman and CEO of Berkshire Hathaway, which owns a diverse range of businesses including insurance, energy, and food and beverage. Mark Zuckerberg is the co-founder and CEO of Facebook, now known as Meta Platforms Inc., which also owns Instagram and WhatsApp. His wealth surged significantly due to Meta’s performance in the stock market.

He pledged $2 billion of his fortune toward preschool programs and support for homeless families in September 2018, and $10 billion to fighting climate change in February 2020. It also wouldn’t hurt to have been born into wealth; however, the greatest fortunes on this list started as good ideas that people with creativity, drive, and connections used to build some of the world’s largest companies. Ballmer owns an estimated 4% of Microsoft, making him the software giant’s largest individual shareholder. The brotherly relationship between the two became strained when Ballmer started pushing the tech company into hardware, such as the Surface tablet and the Windows mobile phone, during his tenure as CEO. These billionaires can, however, still borrow against that wealth to avoid selling stock, deferring (or eliminating for heirs) taxes on unrealized capital gains in the process. Multi-billionaires can also take advantage of a panoply of tax deductions to offset reported income, leaving some on this list paying no income tax in recent years.

Bernard Arnault

The movement popularized the term “the 1%,” making it a catchall term for the world’s richest people. Elon Musk, the Tesla and SpaceX founder topped Forbes’ list for the first time ever with a net worth of $219 billion. More than half of the top 10 billionaires earned their fortunes in the technology sector.

  • Along with his family, Adani controls India’s largest port, in his home state of Gujarat, shown here.
  • The Tesla CEO recently got approval from Twitter board members to buy the social media platform.
  • The new ranking marks a step down for Bezos, who was No. 1 on the 2021 list.
  • Three years later, Ellison moved to Precision Instruments, serving as the company’s vice president of research and development.
  • Co-founder of Oracle Corporation, Larry Ellison has played a pivotal role in the development of the database management systems industry.

In 2006, the company purchased YouTube, the top platform for user-submitted videos. From there, Page and Brin went on to found Google in 1998, with Page serving as CEO of the company until 2001, and again between 2011 and 2019. Larry Ellison was born in New York City to a 19-year-old single mother. After dropping out of the University of Chicago in 1966, Ellison moved to California and worked as a computer programmer. In 1973, he joined the electronics company Ampex, where he met future partners Ed Oates and Bob Miner. Three years later, Ellison moved to Precision Instruments, serving as the company’s vice president of research and development.

Steve Ballmer (U.S.)

The rankings are updated only on every trading day after the closing bell of every trading day based on New York’s time. For many, though, the hope of improving their financial position appears to be slipping further away, with 4.8 billion people poorer than they were in 2019 before the pandemic, 5 wealthiest people in the world according to Oxfam. The U.S. appears to be making some headway in improving workers’ wages. In the third quarter of 2023, weekly wages rose 4.5% compared to the same time the year before, while inflation only rose 3.5%, according to the Bureau of Labor Statistics’ latest available data.

The richest people in America U.S. 2023 – Statista

The richest people in America U.S. 2023.

Posted: Thu, 30 Nov 2023 08:00:00 GMT [source]

Steve Ballmer joined Microsoft in 1980 after Bill Gates convinced him to drop out of Stanford University’s MBA program. Gates shifted from the company’s CEO to the role of board chair in 2008. The company filed a lawsuit against Musk to force the buyout to go through.

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