Forbes India Rich List 2021

top 5 richest people

Aliko Dangote of Nigeria became the first African to enter the top 25, with an estimated net worth of $25 billion. In the 29th annual Forbes list of global billionaires, a record 1,826 billionaires were named with an aggregated net worth of $7.1 trillion compared to $6.4 trillion in the previous year. 46 of the billionaires in this list were under the age of 40. A record number of 290 people joined the list for the first time, of whom 25 percent hailed from China, which produced a world-leading 71 newcomers. The United States came in second, with 57; followed by India, with 28; and Germany, with 23.

Carlos Slim topped the 2012 list, marking this third consecutive year at the top. Gates placed second but narrowed the gap from 2011 as Slim’s fortune fell $5 billion while Gates’ rose $5 billion. Bernard Arnault of France was the top-ranking European on the list, placing fourth.

Self-made billionaires made up the largest number of people on the list with 1,191 positions , while just 230 had wealth through inheritance. The number of billionaires who inherited a portion but were still working to increase their fortunes is 405.

Tesla, with a $831 billion value is now bigger than the combined market capitalisation of next 10 car makers in the world, and has started work on its Berlin gigafactory. The company’s share value increased steadily since March 2020. Like his co-founder, Page also stepped down as a day-to-day Alphabet executive — in his case, CEO — in 2019. By the 1990s, the company had diversified its portfolio to include petrochemical and telecom businesses in addition to textile manufacturing.

The founders of Google, Sergey Brin and Larry Page, became billionaires at age 30. In the wake of the Financial crisis of 2007–2008, the world’s billionaires lost $2 trillion in net worth and the list became 30% smaller than the previous year’s list. The net worth of the world’s billionaires increased from less than $1 trillion in 2000 to over $7 trillion in 2015. Lyra is passionate about dancing, reading and drifting through the city’s streets. She spends most of her days in Paris book hunting, collecting postcards, having tea in quiet cafés and finding new places to dance. She considers that her most valuable possession is her illimited-cinema pass — going to the movies almost daily is one of her many quirks. As head of LVMH, Bernard Arnault is known to be a ruthless business man, never hesitating to form various alliances to be able to acquire more and more companies into his group.

Jeff Bezos, Amazon Ceo

Zhong Shanshan is the chairman of the Chinese water-beverage company, Nongfu Spring. The recent jump in the company’s stock price has launched Shanshan onto this list. Phil Knight is an American business magnate and philanthropist. Knight co-founded Nike Inc and currently serves as chairman of the company.

Free cash used by consumers from home equity extraction, known as the real estate bubble created a total of nearly $5 trillion in 2005, contributing to economic growth worldwide. There were 178 newcomers, as well as the first billionaires from Cyprus, Oman, Romania and Serbia. The billionaires’ net worth increased in 2007 by $900 billion to $3.5 trillion.

Christy Walton was the highest-ranking female at number eight. America’s Evan Spiegel, co-founder of photo messaging app Snapchat, became the youngest billionaire this year at age 24. At age 99, David Rockefeller maintained his position as the oldest billionaire included in the list. Mark Zuckerberg, the founder of Facebook, rose to number 16 with $33.4 billion.

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As previously stated, Elon Musk has the top spot on the billionaires list. He surpasses Bezos who held the top spot the previous four years. In second place is Hong Kong, which has become notorious for its difficult real estate market.

  • Nabil Edmond Moukarzel is the 3rd richest man among the top ten richest men and women in Ghana.
  • His group companies are Adani Enterprises Limited, Adani Ports and SEZ Limited, Adani Power, Adani Transmission & Adani Green.
  • Here is the list of top 10 Wealthy people of Pakistan in 2014.
  • Bernard Arnault, a French businessman is Chairman and CEO of Luxury conglomerate company, LVMH – France.

After the dot-com bubble started to collapse in 2000, his wealth dropped to $60 billion, although he remained at the top of the list. A record 1,210 billionaires made the 2011 list, representing a combined wealth of $4.5 trillion, up from $3.6 trillion the previous year. One third of the world’s billionaires, 413, came from the United States. China had the second most billionaires with 115, while Russia was third with 101. Asia moved up to 332 billionaires, passing Europe as a region for the first time since the 1990s. The 2011 list included 214 newcomers and the average net worth of those on it increased to $3.7 billion. Carlos Slim topped the 2013 billionaire list, marking his fourth consecutive year at the top.

Sir Sam E Jonah’s Source Of Wealth

Broadly speaking, it’s a quote that still holds true—property values in the world’s best cities have always been worth a pretty penny. With a current market cap of $768 billion, Tesla’s worth more than the next six largest car manufacturers combined. “Developing countries are facing severe long-term problems related to lower vaccination rates, global macro policies and the debt burden,” he said. Some are extremely wealthy while some are extremely poor, what are the rich people doing special that others ain’t doing?

Ambani’s late father, Dhirubhai Ambani, founded Reliance as a small textiles company in 1966. Despite a disappointing fourth quarter of 2020 — generally, people spent less during the COVID-19 lockdowns — Ortega was still able to add nearly $22 billion to his net worth since last year. Seen here with siblings Rob and Alice, Jim Walton gave away $1.2 billion worth of his Walmart stock in 2019. He reportedly gave it to several charities, including the Bill & Melinda Gates Foundation.

Mian Mohammad Mansha is the 2nd richest person of Pakistan as He is the Chairman and CEO of MCB Ltd, Adamjee Group and Nishat Group. He is one of the leading Pakistani business man and billionaire. He is currently known as the most powerful personality of Pakistan and his net worth is $2.5 Billion. Warren Buffett has an estimated net worth of $118 billion — Buffet’s main wealth source is Berkshire Hathaway BRK.B, -0.03%. Bill Gates has an estimated net worth of $129 billion — Gates’s main wealth source is Microsoft MSFT, -3.66%. The top 10 richest people on the planet have a combined net worth of $1.4 trillion. For some context, that’s roughly the same size as Australia’s GDP.

top 5 richest people

Ranked #320 on the list, Kirsh began his fortune with 1,200-pound inheritance from his father. Today, Kirsh controls Kirsh Group, a closely held conglomerate with a majority stake in the food supply business Jetro Holdings. The College Point, New York-based business has Jetro Cash & Carry and Restaurant Depot stores across more than 30 states in the U.S. He also has private equity investments and property on four continents. She falls outside of the top 20 richest people in the world for 2021, with a net worth of $46.4 billion. Overall, just 12 percent of the list lost wealth since 2009, and 30 people fell off the list. Steve Forbes said the growing number of billionaires was a clear sign that the world’s economy was recovering from 2009’s global financial crisis.

Uk Man Leaves Elon Musk Behind To Become World’s Richest Man For 7 Minutes, Here’s How

Kwabena Duffuor ranks as the 9th richest person in Ghana, with a net worth of $680 million. The Irani family accounts for over 60% of wheat flour in Ghana, which has given them so much money to be among the richest people in Ghana. They export over 180,000 metric tons of wheat annually that is milled into bread and other pastries. Alhaji Mohammed Ahmed Odaymat is the 5th richest man in Ghana in the list of top richest men and women in Ghana with a net worth of $850 million. Ibrahim Micheal Mahama is the 4th richest man among the top ten richest people in Ghana, with a net worth of $860 million. Ernesto Taricone tops the list of the top richest men in Ghana.

top 5 richest people

The combined net worth of all these billionaires is worth a whopping $14.02 trillion, up approximately 64% from 2021. The list is dominated by billionaires based out of the USA followed by China including Hong Kong, and Macao. As per the Bloomberg Billionaire’s Index, Aliko Dangote is still the wealthiest person in Africa with a net worth of $20.1 billion, up from $19.2 billion this time last month.

Ranked #295 on the list, Nicky Oppenheimer is South Africa’s second-richest person with a net worth of $8.30billion. Since the beginning of the year, his net worth has increased by over $200 million, thanks to the revaluation of his private equity assets held through Stockdale Street and Tana Africa Capital. Tana Africa recently exited its position in Regina, Egypt’s second-largest pasta manufacturer and the leading producer of durum wheat flour. The Bloomberg Billionaires Index is a daily ranking of the world’s richest people. A record total of 1,226 people made the 2012 list, representing 58 countries. The United States had the greatest number of billionaires with 425.

United States: Estimated Net Worth Of The 20 Richest People As Of 2021 In Billion U S Dollars

Alphabet broke through the $2 trillion mark, adding a staggering $1 trillion since the pandemic began, on the back of growth from digital ads and its cloud business. The bulk of the business, Fashion & Leather Goods, jumped 78% last year, backed by a sharp recovery in the US and Asia. Arnault has grown LVMH 46% to consolidate it as Europe’s most valuable company worth $333 billion.

Ricardo Salinas Pliego was the greatest gainer in terms of dollars, adding $9.2 billion to his fortune and moving up to number 37 overall. Making her debut on the list at age 27, Spanx founder Sara Blakely became the youngest self-made female billionaire ever. Colombia’s Alejandro Santo Domingo was the highest-ranked newcomer, inheriting a $9.5 billion stake in Santo Domingo Group from his father. India’s Lakshmi Mittal was the largest loser as his fortune dropped from $31.1 billion to $20.7 billion as the price of steelmaker ArcelorMittal fell sharply. As a result, he failed to make the top 10 for the first time since 2004 and lost his title of richest Asian to Hong Kong’s Li Ka-shing. A record total of 1,426 people made the 2013 list, representing $5.4 trillion of assets. The Asian-Pacific region had 386 billionaires and Europe 366.

Jack was rejected from multiple jobs, including KFC, when it was first introduced to China. Today, Jack Ma’s net worth is estimated to be $40.9 billion, which put him 4 spots lower on the list this year, at 22nd. When we published the very first ‘richest’ list many years ago, only one person on the list had reached a net worth of $100 billion. As we updated the list for September 2021, nine individuals now have a net worth of over $100 billion, with two individuals close to the $200 billion milestone. Let’s find out in this article, where we list the top 30 richest people in the world As of 2022. These are the game-changers and the people who have helped transform and re-shape the world.

Top 5 Richest People In Africa And Their Net Worth According To Bloomberg

The billionaire businessman later graduated and went back to the Ashanti Mining company. All these investments in Trasacco Group have helped Ernesto earn such money top 5 richest people to become the richest man in Ghana. Trasacco Group, headed by Ernesto, focuses on Agro Business, construction, mining, design, and real estate development.

Larry Page

Warren Buffett of Berkshire Hathaway placed third, while Amancio Ortega of Spain, slipped down a position from the previous year to number four. Larry Ellison, the founder of Oracle, rounded off the top five.

Company Info

Nearly all are richer than they were a year ago, and the top 20 are together worth $1.8 trillion. Bezos also founded Blue Origin, an aerospace company with ambitions to provide private human space travel, in 2000, and he purchased The Washington Post in 2013. His venture capital fund, Bezos Expeditions, is involved in a number of investments as well. Quietly and diligently, the family behind Hermès has become one of the world’s richest. Stock markets tumbled last week on fears about rising interest rates and inflation. Intraday Data provided by FACTSET and subject to terms of use.

Nigerian Billionaire Tony Elumelu Wins Time100 Impact Awards

Already a controlling shareholder in the French luxury goods company that owns Louis Vuitton, Arnault recently spent $538 million to further invest in the burgeoning LVMH stock. Brin and fellow billionaire Larry Page co-founded Google in 1998, while the two were Ph.D. students at Stanford. In 2017, Buffetttold CNBCthat for people looking to build their retirement savings, diversified index funds make “the most sense practically all of the time.”

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