The richest people in the world with a net worth of over $ 100 billion
With ex-Microsoft CEO Steve Ballmer joining the 100 billionaire club roster, the $ 100 billion club roster has now grown from eight to nine members.
It’s no surprise that billionaires with wealth over $ 100 billion are mostly based in the United States. Jeff Bezos is the richest of all with over $ 210 billion (roughly RM882 billion), followed by Elon Musk, Bernard Arnault, Bill Gates and Mark Zuckerberg. Facebook CEO is followed by Google co-founders Larry Page and Sergey Brin, and Warren Buffett ranks eighth.
Learn more about the $ 100 billion club here.
The richest people in the world:
With a net worth of $ 210 billion (roughly RM882 billion), the founder of Amazon leads the pack and is currently the richest man on the planet. Bezos had rather humble beginnings. He founded Amazon in his garage in 1994. Since then, Amazon has grown into the world’s largest e-commerce site. Amazon is also a dominant force in the streaming industry, thanks to Prime. Bezos grabbed the headlines during the pandemic as his wealth grew exponentially due to the surge in online shopping. Bezos is an avid philanthropist. Synonymous with large donations, last year Bezos gave $ 10 billion to launch the Bezos Earth fund. In fact, he resigned as CEO of Amazon to devote more time to philanthropy and other endeavors. Among other things, Bezos owns The Washington Post and Blue Origin, an aerospace company that currently manufactures commercially viable rockets. In 2019, his divorce made headlines around the world, after transferring a quarter of his stake in Amazon to his wife Mackenzie.
The richest man in Europe heads the legendary fashion group LVMH (Louis Vuitton Moët Hennessy). The group owns luxury brands such as Fendi, Christian Dior and Givenchy. The boom in the fashion industry in China significantly increased LVHM’s turnover in the first quarter of 2021. In January 2021, LVHM signed an agreement with the American jeweler Tiffany & Co worth 15, $ 8 billion (approximately RM 66.3 billion). It is believed to be the largest luxury brand acquisition in history. Bernard Arnault got into fashion by raising $ 15 million from his father’s small construction company. With the money earned, he bought Christan Dior in 1985. In addition to being a fashion mogul, Arnault is also an art enthusiast. He is known to have several rare paintings by Pablo Picasso, Damien Hirst and Jean-Michel Basquiat.
Elon Musk loves innovation. The founder of Tesla and Space X is currently the third richest man in the world with a net worth of $ 160 billion (around RM672 billion). Tesla is revolutionizing ground transportation with its line of high-tech, eco-friendly cars and with Space X, Musk has never shied away from exploring the outer universe. He was born in South Africa and then moved to Canada before settling in Los Angeles, USA. He holds the nationality of these three countries. Interestingly, this abandoned Centibillionaire from Stanford is also a bit of a TV personality who made cameos on shows like The Big Bang Theory, The Simpsons, and South Park.
Bill Gates has been a name long associated with wealth and charity. The Microsoft co-founder has a net worth of $ 129 billion (roughly RM 541 billion), making him one of the richest people in the world. He is also co-chair of the Bill & Melinda Gates Foundation, one of the largest charitable foundations in the world. Gates first wrote a computer program at the age of 13, and in 1975 he founded Microsoft. Bill Gates is not someone you often see in the public eye and is known to live a relatively simple lifestyle. In March 2020, Gates resigned from Microsoft’s board of directors, amassing 1% of the company’s stock. In May 2021, Bill and Melinda Gates announced their divorce, but the couple pledged to continue to co-chair the Bill & Melinda Gates Foundation.
The founder of Facebook has a net worth of $ 126 billion (around RM529 billion). By his second year at Harvard, Zuckerberg had already acquired expertise in computer programming. He had developed two software programs – CourseMatch and FaceMash. In 2004 he founded Facebook and today, along with Instagram, which he owns, Zuckerberg runs two of the most powerful social media sites in the world. In 2015, Zuckerberg and his wife Priscilla Chan pledged to donate 99% of their net worth over their lifetime. Zuckerberg was caught in the eye of the storm in 2018 when it was alleged that Facebook shared user data with political consultancy Cambridge Analytica.
Larry Ellison is the CTO and co-founder of Oracle. He has a net worth of $ 110 billion (around RM462 billion). Leader in customer relationship software, Oracle is one of the most famous names in the technology space. In March 2018, Ellison founded Sensei, a wellness startup. That same year, he was appointed to Tesla’s board of directors. Unlike some of his more humble billionaire contemporaries, Ellison is known for his extravagant follies. However, he is not ignoring philanthropy. He announced that he would give 95% of his fortune through a private trust.
Larry Page co-founded Google with Sergey Brin in 1998. Page served as CEO of Google until 2011, before becoming CEO of Google’s new parent company, Alphabet. He stepped down as CEO of Alphabet in 2019, but remains a majority shareholder and member of the board of directors. Page is a founding investor of Planetary Resources, a company specializing in space exploration. He also entered the flying car business by investing in two related companies: Kitty Hawk and Opener.
Google co-founder, like Larry Page, left Alphabet in 2019 as president. However, he remains the majority shareholder and member of the board of directors of the company. Sergey Brin met Larry Page while pursuing his doctorate at Stanford University. The duo built a search engine as part of their doctorate, but ended up becoming so popular on the Stanford campus that the two gave up on their doctorate aspirations to devote time to their Google startup. In 2017, Brin gained media attention by participating in a protest against Donald Trump’s immigration policies at San Francisco International Airport. Speaking of his current business ventures, Brin is said to be working on an advanced airship project.
Warren Buffett is widely regarded as the most successful investor of the 20th century and certainly one of the richest people in the world. With a net worth of over $ 101 billion (roughly RM424 billion), Buffet is the head of Berkshire Hathaway, a group of over 60 companies from various industries. Buffett started at age 11 and started filing taxes at age 13. Buffett is a big fan of charity. He has donated over $ 41 billion (approximately RM 172 billion) to various foundations, including the Bill & Melinda Gates Foundation. He pledged to donate 99% of his fortune to charity. In 2010, Buffet and Bill Gates launched “Giving Pledge,” urging the ultra-rich to donate at least half of their wealth to society.
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This story first appeared on Lifestyle Asia India.