Forbes Releases 2022 List of the World’s Billionaires Musk Tops the List

Affected by the turmoil in the global stock market last year, the number of people on the 2022 Forbes Global Billionaires List dropped by 87 from last year to 2,668. While the combined wealth of those on the list this year is $12.7 trillion, it’s down from $13.1 trillion last year. Among all the richest people on the list, the number of American richest people is 736, ranking first in the world.

1. Elon Musk

Wealth: $219 billion

Source of wealth: Tesla, SpaceX

Age: 50 years old

Nationality: American

Over the past year, Musk’s fortune has increased by $68 billion. It is worth mentioning that he concentrated on selling a large number of volatile Tesla shares worth more than $16 billion in two months last year, which may have created the largest personal annual tax bill ever.

2. Jeff Bezos

Wealth: $171 billion

Source of wealth: Amazon

Age: 58 years old

Nationality: American

This is the first time in the past four years that Bezos has lost his position as the world’s richest man. Bezos’ fortune fell by $6 billion from last year as Amazon stock fell 3 percent. After stepping down as Amazon’s CEO last June, Bezos has shifted his focus elsewhere, such as his commercial space company, Blue Origin. In the summer of 2021, the New Shepard rocket, a rocket owned by Blue Origin, successfully sent Bezos to an altitude of 100 kilometers above the surface. Separately, reports say Bezos plans to build a luxury yacht. Moreover, Bezos is also more actively involved in philanthropy, such as last year he donated more than $1 billion to organizations such as the former US president’s private foundation and environmental groups.

3. Bernard Arnault and family

Wealth: $158 billion

Source of wealth: LVMH

Age: 73 years old

Nationality: French

Louis Vuitton and Dior, owned by the LVMH group, saw their performance increase during the pandemic, boosting Bernard Arnault’s fortune by $8 billion and prompting the seasoned leader of the luxury group to start looking for an extension own term. LVMH is now trying to convince shareholders of the company to agree to raise the age limit for CEOs from 75 to 80, and Arnault may use the increased five years to carefully consider his successor.

4. Bill Gates

Wealth: $129 billion

Source of wealth: Microsoft

Age: 66 years old

Nationality: American

Bill Gates, who went through a recent divorce, has been busy writing lately: one published last year on “How to fight climate change”; another will be launched in May on “How to stop another.” Pandemic”. In response to possible future global epidemics, the Bill & Melinda Gates Foundation has joined hands with other institutions in March this year to jointly promote the research and development of related drug candidates.

5. Warren Buffett

Wealth: $118 billion

Source of wealth: Berkshire Hathaway

Age: 91 years old

Nationality: American

After a series of trades, Berkshire Hathaway’s stock price has reached an all-time high. Last fall, Buffett bought a $1.1 billion stake in video game maker Activision Blizzard, and the timing of the deal was perfect: Just three months later, Microsoft announced it had agreed to buy ActionVision for $69 billion. Watch Blizzard. Separately, Buffett snapped up $7 billion in Occidental oil this year as oil prices surged. In March of this year, Berkshire Hathaway announced that it would buy insurance company Alleghany for $11.6 billion in cash, the largest acquisition by Buffett since 2016.

6. Larry Page

Wealth: $111 billion

Source of wealth: ALPHABET

Age: 49 years old

Nationality: American

7. Sergey Brin

Wealth: $107 billion

Source of wealth: ALPHABET

Age: 48 years old

Nationality: American

For now, the two Google co-founders still hold a controlling stake in the company and sit on Alphabet’s board of directors. Last year, the pair launched their first share sale since 2017. According to Forbes estimates, since May 2021, the two have each cashed out more than $1 billion.

8. Larry Ellison

Wealth: $106 billion

Source of wealth: Oracle

Age: 77 years old

Nationality: American

With the deepening of the company’s cloud transformation, Oracle’s current chairman and former CEO Ellison’s wealth has increased by more than 10 billion US dollars compared with last year. Last September, Ellison bought a resort in Lake Tahoe for $345 million. He owns a massive real estate portfolio, including the Hawaiian island of Lanai, which he bought for $300 million in 2012, and more than a dozen properties in Malibu’s lavish Carbon Beach community.

9. Steve Ballmer

Wealth: $91.4 billion

Source of wealth: Microsoft

Age: 65 years old

Nationality: American

Eight years ago, former Microsoft CEO Steve Ballmer bought the NBA’s Los Angeles Clippers for as much as $2 billion. Eight years later, Forbes values ​​the team at $3.3 billion. The team’s earnings were not bad, but it was Microsoft stock that really gave Ballmer a big win – its stock price has risen more than 600% in these 8 years, which has increased Ballmer’s wealth by more than 65 billion Dollar.

10. Mukesh Ambani

Wealth: $90.7 billion

Source of wealth: Diversification

Age: 64 years old

Nationality: Indian

Last year, the oil and gas tycoon started his career in renewable energy, and his Reliance Industries has the world’s largest refinery in the Indian state of Gujarat. Reliance Industries plans to invest US$80 billion in green energy projects over the next 10 to 15 years, of which US$10 billion will be used to build four large-scale renewable energy plants next to the refinery. In January, Reliance Industries announced it would buy a majority stake in the Mandarin Oriental, Manhattan, New York for $98 million.

11. Gautam Adani and family

Wealth: $90 billion

Source of wealth: infrastructure, commodities

Age: 59 years old

Nationality: Indian

Shares in some of Adani’s listed companies have risen in recent years on rising profits, with solar developer Adani Green Energy in particular. As a result, Adani’s fortune has grown by $40 billion over the past year and has grown tenfold since 2020. Adani Green Energy aims to become the world’s largest supplier of renewable energy by 2030, and plans to invest $70 billion in this endeavor. In 1988, Adani, a college dropout, left his father’s textile shop to start a commodities export company. Today, in addition to commodities, Adani also has a certain interest in the port and airport industry.

12. Michael Bloomberg

Wealth: $82 billion

Source of wealth: Bloomberg

Age: 80 years old

Nationality: American

While empowering Wall Street through his Bloomberg terminal, Bloomberg pledged $120 million in November to fight injection drug overdoses and again in December to pledge $750 million to support franchises School. In the 2020 U.S. presidential election, the former New York mayor spent $1.2 billion to support Democratic candidates (more than $1 billion of that went to his own unsuccessful campaign). Bloomberg was even more pessimistic about the Democrats’ performance in 2022, warning them in a recent opinion piece: “If the wrong course is not corrected immediately, the Democratic Party will be doomed in November.”

13. Carlos Slim Helu

Wealth: $81.2 billion

Source of wealth: Telecom

Age: 82 years old

Nationality: Mexican

The telecommunications tycoon’s fortune jumped $18.4 billion from last year after shares in Mexico’s American telecom company jumped 44 percent. In 2015, Slim exercised his stock options in The New York Times, buying a 10% stake at over $6 a share and selling it all at over $40 a share at the end of 2020.

14. Françoise Bettencourt Meyers and family

Wealth: $74.8 billion

Source of wealth: L’Oreal

Age: 68 years old

Nationality: French

The world’s richest woman is the vice chairman of the board of L’Oreal, which was founded in 1909 by her chemist grandfather. Last December, L’Oreal acquired its 36th brand: Youth to the People, a California-based pure-bodied skincare company.

15. mark Zuckerberg

Wealth: $67.3 billion

Source of wealth: META

Age: 37 years old

Nationality: American

Facebook officially changed its name to Meta last October because Zuckerberg planned to build the vaguely defined (and probably unpopular) tech utopia called the Metaverse. Of course, he has reason to want to escape a real-world blow: Meta’s stock price has fallen by 50% since its peak last September, and Zuckerberg has dropped out of the world’s top 10 for the first time in six years. Among the richest people.

16. Jim Walton

Wealth: $66.2 billion

Source of wealth: Walmart

Age: 73 years old

Nationality: American

Jim Walton is the son of Wal-Mart founder Sam Walton, who now runs the Walton family’s Alvester Bank, which has about $27 billion in assets.

17. Zhong Suisui

Wealth: $65.7 billion

Source of wealth: Nongfu Spring, Wantai Biology

Age: 67 years old

Nationality: Chinese

Zhong Suisui has been China’s richest man for two consecutive years. While Nongfu Spring’s shares have fallen more than 15% over the past year, gains in Beijing Wantai Biopharma have more than made up for the loss. Zhong Suisui holds a 75% stake in the company, which is engaged in the development and production of biological diagnostic reagents and vaccines.

18. Alice Walton

Wealth: $65.3 billion

Source of wealth: Walmart

Age: 72 years old

Nationality: American

Alice Walton is the only daughter of Wal-Mart founder Sam Walton. She founded the Crystal Bridges Museum of American Art in Bentonville, Arkansas, and her nephew’s wife, Olivia Walton, replaced her as the museum’s new president last November, but Elle S still serves on the museum’s board of directors.

19. Rob Walton

Wealth: $65 billion

Source of wealth: Walmart

Age: 77 years old

Nationality: American

Rob Walton resigned from the position in 2015 after serving as chairman of Walmart’s board for 23 years. Although they sold more than $7 billion worth of Walmart stock last year, Rob and his siblings remain the company’s largest shareholders.

20. Changpeng Zhao

Wealth: $65 billion

Source of wealth: cryptocurrency

Age: 46 years old

Nationality: Canada

Changpeng Zhao has become the richest man in the cryptocurrency field because he holds about 70% of the shares of Binance. Since founding Binance in 2017, Changpeng Zhao has built it into the world’s largest cryptocurrency exchange by trading volume. He announced in January that Binance would buy a minority stake in Forbes for $200 million in a SPAC transaction.

twenty one. Charles Koch

Wealth: $60 billion

Source of wealth: Koch Industries

Age: 86 years old

Nationality: American

twenty two. Julia Koch & family

Wealth: $60 billion

Source of wealth: Koch Industries

Age: 59 years old

Nationality: American

While many multinational corporations have fled Russia, Koch Industries, led by Charles Koch, is still holding on. The $115 billion conglomerate has two glass-making plants in Russia and employs about 600 people. Koch Industries said it would not abandon Russian employees or hand over production facilities to the Kremlin. Charles Koch’s brother, David Koch, died in 2019, and Julia Koch is the latter’s widow. Currently, the Charles Koch and Julia Koch families each hold 42% of Koch Industries.

twenty three. Amancio Ortega

Wealth: $58.9 billion

Source of wealth: ZARA

Age: 86 years old

Nationality: Spanish

In November last year, Amancio Ortega, founder of the 2,000-store Zara Group, named his youngest daughter as the new chairman of the group. Due to the outbreak of the Russian-Ukrainian war, ATS Group closed 502 stores in Russia, and the group’s share price also fell. In 2021, Ortega spent about $700 million buying large stakes in grid operators in Spain and Portugal.

twenty four. Michael Dell

Wealth: $55.1 billion

Source of wealth: Dell Inc.

Age: 57 years old

Nationality: American

Benefiting from record PC sales, 2021 is the best year in Dell’s history, and the company’s stock price has risen by 20%, adding $10 billion to founder and CEO Michael Dell’s wealth. Most recently, Dale and his wife Susan donated $15 million to Ukraine to support Ukrainian families.

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25. Zhang Yiming

Wealth: $50 billion

Source of wealth: ByteDance

Age: 38 years old

Nationality: Chinese

ByteDance is the most valuable unlisted unicorn company in the world today, and its most famous short video platform TikTok has a monthly activity of 1 billion. In November last year, Zhang Yiming announced his resignation as chairman of ByteDance. The founders of numerous Chinese tech giants, including Zhang Yiming, have opted out of management as China tightens regulation of internet platforms. ■

When calculating the wealth of those on the list, the stock price on March 11, 2022 was used. For the full list and how to make it, visit forbes.com/billionaires.

Reviewer overview

Forbes Releases 2022 List of the World's Billionaires Musk Tops the List - /10

Summary

Affected by the turmoil in the global stock market last year, the number of people on the 2022 Forbes Global Billionaires List dropped by 87 from last year to 2,668. While the combined wealth of those on the list this year is $12.7 trillion, it's down from $13.1 trillion last year. Among all the richest people on the list, the number of American richest people is 736, ranking first in the world.

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