Top 5 Billionaires in the World || Dr. Stats
All of the richest people in the world share two commonwealth-building traits: they all invest in businesses or have built companies that have gone on to be worth billions or trillions of dollars, and they’ve benefited from the passing of time and the effect of compounding capital gains.
These people are founders, leaders, visionaries, and innovators, each with a unique story behind their success that allowed them to amass vast amounts of wealth. Here’s a closer look at how the 10 richest people in the world, as listed on Bloomberg Billionaires Index, got to where they are.
1. Elon Musk
Age: 51
Nationality: South Africa
Companies: Tesla, SpaceX, The Boring Company, Neuralink, PayPal
Net Worth: $268 billion
Industry: Automotive Technology
Elon Musk is the richest man on the planet and has accumulated much of his wealth having founded Tesla. However, Musk has long been occupied with several other well-known companies and had his roots within a group known as the “PayPal Mafia.” This consisted of serial entrepreneurs and angel investors that made up PayPal’s alumni, who have been extremely successful in their own right.
In addition to his 25% stake in Tesla, Musk owns several other revolutionary businesses including SpaceX, Neuralink, and The Boring Company. Following on from his multiple successes, he was in a deal to purchase the social media giant, Twitter in an all-cash transaction that was expected to be worth $44 billion. He continues to be a Twitter stakeholder.
2. Gautam Adani
Age: 60
Nationality: India
Company: Adani Group
Net Worth: $148 billion
Industry: Energy and Transportation
Gautam Adani is the richest person in India, and his entrepreneurial DNA comes directly from his father, who owned a textile business. Despite the opportunity to inherit, Adani had no interest in the business and decided to follow his own ambitions to achieve great wealth. Soon after leaving home, Adani entered the diamond industry, which saw him quickly rise to millionaire status.
Upon acquiring this wealth, he founded Adani Enterprises, a conglomerate that now oversees several businesses in sectors such as energy, transportation, mining, infrastructure, logistics, cement, and fast-moving consumer goods. Thanks to India’s economic growth, Adani’s stock
market success and recent investments in green energy have added more than $40 billion to his net worth over the past year, propelling him toward the top of the rich list.
3. Jeff Bezos
Age: 58
Nationality: USA
Company: Amazon
Net Worth: $148 billion
Industry: E-commerce and Technology
At 30 years old, Jeff Bezos left the finance industry to start a business that many saw as foolish — buying and selling books online. That company is known today as Amazon, and it’s currently valued at more than $1 trillion. Bezos is credited for pioneering the e-commerce landscape, which has become one of the largest industries in the world.
His creation didn’t just disrupt bookstores; it disrupted traditional retailers on many fronts. He transformed Amazon into a platform where shoppers can buy and sell almost everything and developed one of the most sophisticated logistics companies in the world. Not stopping there, Amazon grew to include Amazon Prime Video and Amazon Web Services and it is now the largest cloud service provider in the world.
4. Bernard Arnault
Age: 73
Nationality: France
Company: LVMH
Net Worth: $139 billion
Industry: Fashion and Hospitality
Bernard Arnault amassed his fortune in the luxury goods industry with the ownership of world-renowned brands such as Louis Vuitton and Christian Dior. By targeting wealthy demographics and maintaining a 47% stake in his company, LVMH, he has climbed his way to the top of the food chain just like many others on this list.
5. Bill Gates
Age: 66
Nationality: USA
Company: Microsoft
Net Worth: $112 billion
Industry: Technology
Bill Gates was a tech-whiz kid growing up, having designed his first software program at age 13. What wasn’t known then was that he would go on to become a co-founder of Microsoft, the largest computer software company in the world. Microsoft was first founded in 1975, but Gates decided to step down as CEO in 2000.
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