Who has the highest net worth

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 Who has the highest net worth and Larry Ellison.

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.

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.

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Who has the highest net worth

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.

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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. This included newcomers of whom 76 were from China and 25 from the U. Archived from the original on 30 January Elon Musk In the 32nd annual Forbes list of the world's billionaires, the aggregate wealth of the top 20 richest people on Earth amounted to about 13 percent of all billionaires' fortunes combined. Associated Press. Contents move to sidebar hide. He was CEO of the company for 25 years and remained chairman until Related Articles. The Telegraph. All rights reserved. Larry Page and his pal Sergey Brin started out Google in the 12 months of Anil Dhirubhai Ambani Group. Michael Bloomberg.

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.

Below are the 10 wealthiest people on the planet, according to the Bloomberg Billionaires Index. Many are founders of technology giants, with much of their wealth still invested in the companies they started. Retrieved 6 December As Facebook began to be used at other universities, Zuckerberg dropped out of Harvard to focus entirely on his growing business. The Burlington Free Press. Jeff Bezos Erivan Haub. Facebook founder Mark Zuckerberg , four years after starting the company, joined the list at 23 to become the youngest self-made billionaire. The rich get richer and the poor get poorer Socialism for the rich and capitalism for the poor Too big to fail. No longer are we confined to the conventional and the familiar: Rohini Nilekani on philanthropy in India. Elon Musk. Facebook was created to match the names of students on campus with their photos.