In 2020, there would be 2,099 billionaires on Earth, with an estimated total net worth of $ 8 trillion. Of that, the five richest people in the world account for $ 727.6 billion, or about 9.20%, which is impressive when you consider that they represent approximately 0.27% of billionaires.
The list of the richest people in the world can vary from year to year, depending on their latest net worth and financial performance. Here is the latest list of the 5 richest people in the world, based on some interesting facts about each of them.
Net Worth: $204 billion
Tesla Ownership Stake: 22% ($147 billion)
Currently the richest man in the world, Elon Musk has worked in several different companies over the years. One of the first online browsing services. A portion of the proceeds from this company was then reinvested to create X.com, an online payment system that later became PayPal.
Although these two systems were eventually sold to other companies, Musk retained his status as CEO and lead designer for his third project, Space Exploration Technologies (SpaceX), which aims to make space exploration more affordable.
Net Worth: $184 billion
Amazon Ownership Stake: 11.3% ($166 billion)
In 1994, Jeff Bezos founded Amazon.com in a Seattle garage, shortly after resigning from hedge fund giant DE Shaw. In fact, he originally pitched the idea of an online bookstore to his former boss David E. Shaw, who was not interested.
Its pattern of continued diversification is evident in some of its unexpected expansions, most notably the acquisition of Whole Foods in 2017 and the launch of its own branded over-the-counter drugs in February 2018.
Net Worth: $135 billion
Microsoft Ownership Stake: 1.5% ($22.7 billion)
Co-founder of the Bill and Melinda Gates Foundation, Bill Gates has a net worth of $ 135 billion. After founding the software giant Microsoft with Paul Allen, Bill Gates eventually sold a large part of his stakes in the company by keeping just 1% of the shares and investing the rest in stocks and other assets. Bill Gates entered the $ 100 billion club last year in April when Microsoft’s stock price jumped after the results. The Bill and Melinda Gates Foundation is the largest private charitable foundation in the world.
In addition to being the world’s largest software publisher, Microsoft also produces its own line of personal computers, publishes books through Microsoft Press, provides email services through its Exchange server, and sells video game systems and devices. Associated peripherals.
Net Worth: $113 billion
Christian Dior Ownership Stake: 97.5% ($99.1 billion)
Bernard Arnault, a French national, is President and CEO of LVMH, the world’s largest luxury company. This company owns some of the biggest brands in the world, including Louis Vuitton, Hennessey, Marc Jacobs, Sephora, and many more.
His shares in Christian Dior SE, plus an additional 6.2% in LVMH, are held through his family holding Group Arnault S.E.
An engineer by training, Arnault’s talents manifested themselves while he worked for his father’s construction company, Ferret-Savinel, which he would take over in 1971. He later turned Ferret-Savinel into a real estate company called Férinel Inc in 1979.
Arnault remained president of Férinel for another six years, until he acquired and reorganized luxury goods maker Financière Agache in 1984, ultimately selling all of his holdings other than Christian Dior and Le Bon Marché. He was invited to invest in LVMH in 1987 and became the majority shareholder, chairman of the board of directors and CEO of the company two years later.
Net Worth: $95.6 billion
Facebook Ownership Stake: 13% ($92.4 billion)
Co-founder, CEO and President of Facebook, Mark Zuckerberg defends the social network that today has become an essential means of communication. His net worth is $ 97.9 billion and today he owns about 15% stake in Facebook after the company went public in May 2012. Mark Zuckerberg is the youngest billionaire. His net worth has passed the $ 100 billion mark, all thanks to Instagram Reels, the alternative to TikTok that was banned in India earlier this year and is also facing trouble in the United States.
Facebook (the company) is also home to several other brands, including the Instagram photo-sharing app, which it acquired in 2012; the multiplatform mobile messaging service What Sapp and the producer of virtual reality headsets Oculus, both acquired in 2014; Workplace, your corporate connectivity platform; Portal, its range of video calling devices; and Novi, your digital wallet for the Diem payment system.
If you want to get one step closer to the world richest people list, you may need to become a tech innovator or a retail king. Or you can keep it simple and focus on value investing. It also wouldn’t hurt to inherit a large sum, as some of the richest people in the world have done. It also wouldn’t hurt to have money from the start, like Arnault and other rich people like Jim Walton; however, the biggest fortunes on the list started out as big ideas.