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All you need to know about current Top 10 Billionaires: Their worth, businesses

All you need to know about current Top 10 Billionaires: Their worth, businesses

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Home Business & Economy

All you need to know about current Top 10 Billionaires: Their worth, businesses

by Admin
December 17, 2022
in Business & Economy
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All you need to know about current Top 10 Billionaires: Their worth, businesses

Bernard Arnault.. world richest man

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 Six play in tech economy, Zuckerberg drops out

 Met Mack Zuckerberg drops out of Top 10

Two Indians make list

Bernard Arnault.. world richest man

The total net worth of the world’s top 10 billionaires led by French  lifestyle and fashionpreneur Bernard Arnault stands at $1,162.9 trillion with six of them playing in the tech economy space.

Only Arnault, Berkshire Hathaway’s Warren Buffett, Adani Group founder Gautam Adani, and Reliance Industry’s Mukesh Ambani do business outside technology.

Two of the billionaires are Indians still residing in India – Gautam Adani and Mukesh Ambani.

Below are the top 10 and their worth.

1.Bernard Arnault

Age: 73

Residence: Paris

CEO and Chair: LVMH (LVMUY)

Net Worth: $172.9 billion

Christian Dior Ownership Stake: 97.5% ($132 billion total)

Other Assets: Moelis & Company equity ($25 billion public asset) and $10.3 billion in cash

  1. Elon Musk

Age: 51

Residence: Texas

Co-founder and CEO: Tesla

Net Worth: $168.5 billion

Tesla Ownership Stake: 15% ($63.6 billion)

Other Assets: Space Exploration Technologies ($46.9 billion private asset), The Boring Company ($3.33 billion private asset), Twitter ($20.2 billion private asset)

  1. Gautam Adani

Age: 60

Residence: Gurgaon, India

Founder and Chair: Adani Group

Net Worth: $125 billion

Adani Enterprises, Adani Power, and Adani Transmissions Ownership Stakes: 75% each ($72.45 billion)

Other Assets: 66% of Adani Ports & Special Economic Zone ($12.2 billion public asset), 61% of Adani Green Energy ($22.6 billion public asset), 37% of Adani Total Gas ($18.1 billion public asset)

  1. Bill Gates

Age: 67

Residence: Washington

Co-founder: Microsoft (MSFT)

Net Worth: $115 billion

Microsoft Ownership Stake: 1.3% ($26 billion)

Other Assets: $55 billion in cash and billions over multiple other companies.

  1. Jeff Bezos

Age: 58

Residence: Washington

Founder and Executive Chair: Amazon (AMZN)

Net Worth: $114 billion

Amazon Ownership Stake: 10% ($89.9 billion)

Other Assets: Blue Origin ($9.15 billion private asset), The Washington Post ($250 million private asset), and $14.5 billion in cash.

  1. Warren Buffett

Age: 92

Residence: Nebraska

CEO: Berkshire Hathaway (BRK.A)

Net Worth: $108 billion

Berkshire Hathaway Ownership Stake: 14% ($107 billion)

Other Assets: $1.10 billion in cash.

  1. Larry Ellison

Age: 78

Residence: Hawaii

Co-founder, Chair, and CTO: Oracle (ORCL)

Net Worth: $93.7 billion

Oracle Ownership Stake: 40%+ ($68.3 billion)

Other Assets: Tesla equity ($7.56 billion public asset), $17.2 billion in cash

  1. Mukesh Ambani

Age: 65

Residence: Mumbai, India

Owner: Reliance Industries

Net Worth: $89.6 billion

Reliance Ownership Stake: 42% ($90.1 billion total)

Other Assets: $410 million in real estate

  1. Steve Ballmer

Age: 66

Residence: Washington

Owner: Los Angeles Clippers

Net Worth: $89.3 billion

Microsoft Ownership Stake: 4% ($80.6 billion total)

Other Assets: Los Angeles Clippers ($3.16 billion private asset), $5.5 billion in cash

  1. Larry Page

Age: 49

Residence: California

Co-founder and Board Member: Alphabet (GOOG)

Net Worth: $86.9 billion

Alphabet Ownership Stake: 6% ($72.8 billion total)

Other Assets: $14.1 billion in cash.

 

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