World’s Richest People

Forbes has released the list of the richest people worldwide for the year 2021. According to this list, this year has been very special for billionaires despite the terror of covid-19 worldwide. Present year the world's richest people have increased their wealth by $5 trillion. According to Forbes, the rising prices of cryptocurrencies and stocks are skyrocketing this year. Because there has been an increase in the list of the world's richest people in the 35th list of Forbes. Last year, the list of 2020 has seen an increase of $ 5 trillion from $ 8 trillion, which is estimated to be $ 13.1 trillion in total this year. Present year 493 new people have been entered into this list of billionaires of Forbes. 

• Jeff Bezos Net worth -$177 B

Age: 57

Country: United States

Source & Industry: Amazon-Technology

CHILDREN: 4

EDUCATION: Bachelor of Arts/Science, Princeton University

Jeff Bezos founded of e-commerce giant Amazon in 1994 in his garage in Seattle. He stepped down from CEO to executive chairman on July 5, 2021. Amazon revenues in 2020 grew 38% to $386 billion as people stayed home and made online purchases. He and his wife MacKenzie divorced in 2019 after 25 years of marriage. Jeff Bezos owner of  The Washington Post and Blue Origin an aerospace company that is developing rockets for commercial use.

• Elon Musk Net Worth- $151B

Age: 50

Country: United States

Source & Industry: Tesla, SpaceX -Automotive

CHILDREN: 6

EDUCATION: Bachelor of Arts/Science, University of Pennsylvania

Elon Musk is working the revolutionize transportation both on Earth and through electric car maker Tesla or in space, via rocket producer SpaceX. He owns 21% of Tesla but has pledged more than his stake as collateral for loans. He stepped down as chairman in 2018. SpaceX has now valued at $74 billion after its latest funding round in Feb 2021. He grew up in South Africa and then immigrated to Canada at age 17. He came to the U.S.A  as a transfer student to the University of Pennsylvania.

 

• Bernard Arnault  - $151B

Age: 72

Country: France

Source & Industry: LVMH – FASHION RETAIL

CHILDREN: 5

EDUCATION: Bachelor of Arts/Science, Ecole Polytechnique de Paris

One of the world’s best ultimate taste-makers, Bernard Arnault has an empire of 70 brands including Louis Vuitton and Sephora. LVMH spent $3.2 billion in 2019 for luxury hospitality group, Belmond has manages 46 hotels, trains, and river cruises. Arnault's five children work in corners of the LVMH empire: Frédéric, Delphine, Antoine and Alexandre.

 

• Bill Gates  - $124B

Age: 65

Country: United States of America

Source & Industry: Microsoft – Technology

CHILDREN: 3

EDUCATION: Drop Out, Harvard University

Bill Gates turned his fortune from software Company Microsoft into a diversified one. Has focus has shifted to zero-carbon energy. he owned about 1% of the software and computing company's shares. He has invested in where companies including Canadian National Railway, AutoNation, and he has one of the largest owners of farmland in the U.S.He has donated $35.8 billion worth of Microsoft stock to the Gates Foundation.

 

•  Mark Zuckerberg - $97B

Age: 37

Country: United States of America

Source & Industry: Facebook – Technology

CHILDREN: 2

EDUCATION: Drop Out, Harvard University

 Mark Zuckerberg started Facebook at Harvard in 2004 at the age of 19 for students to match names with photos of classmates. He took Facebook public in May 2012, he now owns about 12% of the company's stock. In December 2015, Zuckerberg and his wife, Priscilla Chan, pledged to give away 99% of their Facebook stake over their lifetimes. Zuckerberg runs Facebook has been an information hub during the pandemic.

 

•  Warren buffet - $96B

Age: 91

Country: United States of America

Source & Industry: Berkshire Hathaway- Finance& investment

CHILDREN: 3

EDUCATION: Master of Science, Columbia University; Bachelor of Arts/Science, University of Nebraska Lincoln

Warren Buffett is one of the most successful investors of all time. Buffett runs Berkshire Hathaway which owns more than 60 companies like including insurer Geico, battery manufacturer Duracell and restaurant chain Dairy Queen. he first bought a stock at age 11 and first filed taxes at age 13. He has donated more than $45 billion, mostly to the Gates Foundation and his kids' foundations.

 

•   Larry Elision  - $93B

Age: 77

Country: United States of America

Source & Industry: Software- Technology

CHILDREN: 4

EDUCATION: Drop Out, University of Chicago; Drop Out, University of Illinois, Urbana-Champaign

Larry Ellison is chairman, chief technology officer, and co-founder of software giant Oracle, of which he owns about 35%. He gave up the Oracle CEO in 2014 after 37 years in the role. Ellison joined Tesla board member in December 2018, after purchasing 3 million Tesla shares earlier that year.

 

•   Larry Page - $91.5B

Age: 48

Country: United States of America

Source & Industry: Google- Technology

CHILDREN: 1

EDUCATION: Master of Science, Stanford University, Bachelor of Arts/Science, University of Michigan

Larry Page stepped down as CEO of Alphabet, the parent of Google. He cofounded Google in 1998 with fellow Stanford with Ph.D. student Sergey Brin. He is a founding and starting investor in space exploration company Planetary Resources and is also funding flying car startups Kitty Hawk and Opener.

 

• Sergey Brain- $89B

Age: 48

Country: United States of America

Source & Industry: Google- Technology

CHILDREN: 3

EDUCATION: Master of Science, Stanford University; Bachelor of Arts/Science, University of Maryland, College Park

He co-founded Google with Larry Page in 1998 after the two met at Stanford University while studying for advanced degrees in computer science. Google went public in 2004 and began trading as Alphabet's newly created parent company in 2015. He spent his time in Alphabet's moonshot research lab. He is reportedly funding a high-tech airship project.

 

• Mukesh Ambani- $84.5B

Age: 64

Country: India

Source & Industry: Diversified

CHILDREN: 3

EDUCATION: Drop Out, Stanford University; Bachelor of Science in Engineering, University of Mumbai

Mukesh Ambani chairs and runs $74 billion Reliance Industries, which has interests in petrochemicals, oil and gas, telecom, and retail. Reliance was founded by his father Dhirubhai Ambani, a yarn trader, in 1966 as a small textile manufacturer. In 2016, a Reliance price war in India's hyper-competitive telecom market with the launch of 4G phone service Jio. During the Covid-19 lockdown, Ambani raised more than $20 billion selling a third of Jio to investors such as Facebook and Google.