Every year, we always try to know the richest man in the world and what makes them different from other billionaires. Interestingly, we have provided facts according to real-time Forbes billionaire list.
According to Forbes, the world as at 2022 has about 2,664 billionaires but amongst all of them has a runner-up, the one with the highest bid and estimated worth. I know you are asking if Elon musk is the richest man in the world 2022? Who the richest man in the world is? Top 10 richest people on Earth, and so on. Forbes has already answered the questions with updated facts.
These are high elites that affect the economy, our daily lives, and politics. A good number of them are business men while handful of these richest men on Earth are founders of popular technology corporations, multinational designers apparels we use in our daily lives, and other products that keep our lives going.
We should find out now the man with the inordinate wealth that influenced the economy most before discovering others below him, I’m referring to the richest man in the world. Who is the richest man in the world 2023? Learn the fact as Forbes has shared with the world.
The Richest Man in the World
Bernard Arnault and Children
Bernard Arnault is a French man that runs LVMH (Moët Hennessy Louis Vuitton) with his family and other co-founders. He is not just a business man, but also an investor and an art collector. He’s currently the Chief Executive Officer of LVMH, the largest luxury goods company in the whole world headquartered in Paris.
LVMH manages up to 75 subsidiaries that takes care of luxury brands;
- Stella McCartney
- Princess Yachts
- Christian Dior
- Fendi
- Bulgari
- Tiffany & Co.
- Givenchy
- Loewe
- Kenzo
- Etc
The estimated net worth of this French magnate according to Forbes is $198.4 billion, he overtook Elon Musk with a difference of $50 billion dollars. That is how Elon Musk dropped to second on the top 10 billionaire list 2022.
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Do you know why Bernard Arnault and family are mentioned whenever the richest man is asked? It is because he didn’t workhard alone, the children also contributed to the progress of their establishments, that is why he has appointed his oldest child – and also the only daughter of his five children, Delphine , the CEO of Christian Dior Couture since she worked in the designer company as a deputy managing director from 2001 to 2013.
On Wednesday, LVMH announced that she will officially take the seat of CEO Dior in February 1, 2023.
Bernard Arnault’s four sons are appointed to other positions in the company and affiliates. Since the age limit of CEO is no longer 75 but 80 as announced by LVMH last year, Arnault still has years to stay before his retirement. For now, no one knows who will take over from him.
That is enough for the richest person in the world now. We should quickly touch other billionaires that ran up to the top 5, their estimated net worth, assets, and company.
Top 10 Richest People in the World
2. Elon Musk
After Bernard Arnault and the family, next is Elon Musk. He was the richest man until 2022 that Arnault took over. Elon Musk co-formed and also the CEO of Tesla, a multinational automotive company headquartered in Texas.
His net worth is $144.4 billion.
3. Gautam Adani
An Indian industrialist, chairman and founder of Adani group, a multinational conglomerate responsible for port development in India and other operations.
4. Jeff Bezos
He has been on the list for a long time and still comes up annually. Jeff Bezos is the founder of a multinational shopping store, Amazon that holds strong presence in many countries now. Jeff Bezos holds the estimated net worth of $110.6 billion.
5.Warren Buffett
Warren Buffet is a philanthropist, business man, and one of the successful world best investors that holds the net worth of 110.8 billion dollars. Currently, he is the chairperson of Berkshire Hathaway, a multinational holding company. Warren Buffet is the fifth-richest man in the world.
6. Larry Ellison
The world sixth wealthiest man now is Larry Ellison, who holds $107.3 billion net worth. Larry Ellison is an American co-founder, chief technology officer, and the former executive officer of Oracle Corporation, a popular American computer technology.
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7. Bill Gates
The co-founder of Microsoft who was once the richest man in the world. He formed Microsoft alongside his dead childhood friend, Paul Allen. Bill Gates is an American magnate and philanthropist born October 28, 1955, aged 67.
Net Worth: $102.4 billion.
8. Mukesh Ambani
An Indian business man that is currently managing Reliance Industries LTD. He is the chairman and managing director of the Fortune Global 500 company, India’s most valuable company by market value. The 65 years old billionaire holds a net worth of Net worth 88.2 billion USD.
9. Carlos Slim Helú & Family
From 2010 to 2013, Forbes Business Magazine ranked him the richest person in the world… He derived his wealth through their conglomerate Grupo Carson where Slim and his family have extensive holdings in a good number of Mexican companies. Currently, his net worth is $86.5 billion.
10. Francoise Bettencourt Meyers
Net worth – $77.7 billion. Meet Francoise Bettencourt Meyers, the first and the last lady on the top 10 richest people on earth. She derived her wealth from their family business because she is the granddaughter of the person that found L’Oréal.
You have finally discovered the richest man in the world and his fellows. To stay updated on global updates like this, bookmark loginhour.com now.
