Who has the highest net worth

The Real-Time Billionaire Listan annual compilation by Forbes Magazineis a renowned roster detailing the wealthiest individuals worldwide, gauged by their estimated net worth. Released each March, this list offers a comprehensive snapshot of the richest man in the world.

There are many rich men in the world who achieve unimaginable fortunes in their lives. These extraordinary people, with high innovations and visions, have had huge success in their lives and are listed at the top ranks in the richest man category. If we talk about the wealthiest men in the world, then there are many names that come to the top, like Elon Musk and Larry Ellison. The wealth of this richest man is concentrated in finance, technology and retail industries. According to the sources available on their net worth, here we make the list of the top 10 richest men in the world. As per the wealth and net worth, here is the list of the ten richest men in the world. All these personalities earn huge success and income from their career and become the richest people in the world.

Who has the highest net worth

Billionaires play an outsized role in shaping the global economy, politics, and philanthropy. Forbes puts the number of billionaires in the world at 2, in The individuals on this list belong to an even more exclusive club and wield still more power. Many are founders of technology giants, with much of their wealth still invested in the companies they started. These billionaires can, however, still borrow against that wealth to avoid selling stock, deferring or eliminating for heirs taxes on unrealized capital gains in the process. Multi-billionaires can also take advantage of a panoply of tax deductions to offset reported income, leaving some on this list paying no income tax in recent years. With so much of their wealth in publicly traded stocks, the net worth of the richest fluctuates along with the market valuations of the companies they own. Below are the 10 wealthiest people on the planet, according to the Bloomberg Billionaires Index. All figures are current as of Feb. Elon Musk is the richest man in the world. He was born in South Africa and attended a university in Canada before transferring to the University of Pennsylvania, where he earned bachelor's degrees in physics and economics. Two days after enrolling in a graduate physics program at Stanford University, Musk deferred attendance to launch Zip2, one of the earliest online navigation services. He reinvested a portion of the proceeds from this startup to create X. In , Musk became a major funder of Tesla Motors now Tesla , which led to his current position as CEO of the electric vehicle company.

The United States had the greatest number of billionaires with

T he billionaire who had been at the top of the Forbes list for more than six months—Elon Musk—had an eventful January. Last year, we found 2, of them for our annual list. Throughout the year, we update their fortunes on a daily basis. Many billionaires hold much of their net worth in the stock of the company they founded or cofounded. As that stock price moves, their fortune moves along with it.

The World's Billionaires is an annual ranking of people who are billionaires , i. The list was first published in March Royalty and dictators whose wealth comes from their positions are excluded from these lists. In , Amazon founder Jeff Bezos was ranked at the top for the first time and became the first centibillionaire included in the ranking, [5] surpassing Microsoft founder Bill Gates , who had topped the list 18 of the previous 24 years. In , after topping the list for four years, Bezos was surpassed by Elon Musk. Arnault became the first French person to top the list. Each year, Forbes employs a team of over 50 reporters from a variety of countries to track the activity of the world's wealthiest individuals [7] and sometimes groups or families — who share wealth. Preliminary surveys are sent to those who may qualify for the list. According to Forbes , they received three types of responses — some people try to inflate their wealth, others cooperate but leave out details, and some refuse to answer any questions.

Who has the highest net worth

But most of the others are newcomers to the digit club. As winds to a close, here's how much the 10 richest people in the world added to their fortunes, according to Bloomberg's Billionaires Index. All numbers were accurate as of the end of trading on Dec. The Tesla co-founder, who this year changed his title from CEO to " Technoking of Tesla " in a March regulatory filing, has enjoyed a massive wealth increase thanks to the rapid growth of his electric automaker.

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Diseases of affluence Affluenza Acquired situational narcissism Argumentum ad crumenam Prosperity theology. The list was first published in March Elon Musk. Extreme wealth. More than half of them had self-made fortunes. The top 10 richest people in the world as of Feb. He commenced his adventure as a co-founding father of Google. The Washington Post. The rankings are published annually in March, so the net worths listed are snapshots taken at that time. Insatiable Fox. Multi-billionaires can also take advantage of a panoply of tax deductions to offset reported income, leaving some on this list paying no income tax in recent years. Jyothi Yarraji: No hurdle is high enough. Measure content performance. Globe Newswire. Amancio Ortega.

Extreme wealth can be extremely volatile; just look at the huge shifts reflected in the latest definitive list of the world's richest people. Two men have been booted.

Annual ranking of the World's billionaires by Forbes magazine. A significant portion of his wealth, around two-thirds, is tied to the success of Tesla. Today, their wealth is primarily concentrated in technology, finance, and retail industries. He has also shown an interest in flying car companies, investing in both Kitty Hawk and Opener, although Kitty Hawk ceased operations in The company experienced significant growth in market capitalisation during and , propelling Musk to the position of the world's top 10 richest people in September Currently, he assumes the company's chairman and Chief Technology Officer roles. Had he been alive in , Sam Walton would have been the world's wealthiest person. Archived from the original on 2 January Syracuse Post-Standard. A brief history of famous Moon landings, and failures. Archived from the original on 6 October Forbes puts the number of billionaires in the world at 2, in Archived from the original on 24 May Saudi Arabia.