Microsoft founder Bill Gates announced on Twitter that he’s donating most of his wealth, meaning he’ll be “stripped down and eventually off the list of the world’s richest people.”
Known for their extraordinary wealth, these billionaires have bank balances that many of us can only dream of.
These tech tycoons have built huge empires through their companies like Tesla, Amazon and Microsoft.
But not everyone seems to want to hang on to it, with Microsoft founder Bill Gates announcing on Twitter in July 2022 that he would be donating most of his fortune, which would see him “moved down and eventually off the list of the world’s richest people.” .”
So who is the richest person in the world in 2022, what is their net worth and how did they make their fortune?
Elon Musk – $219 billion
Elon Musk is the richest person in the world with an estimated fortune of $219 billion.
Born in South Africa, he grew up in Pretoria before moving to America to study at the University of Pennsylvania.
His first software startup, Zip2, was bought in 1999 for $307 million and he co-founded PayPal, which was sold to eBay in 2002 for $2.5 billion.
He founded SpaceX in 2002 and runs electric vehicle manufacturer Tesla, of which he is a shareholder.
Musk has been married twice and reportedly has eight children.
His last public relationship was with singer Grimes, with whom he has two children, a son named X Æ A-12 and a daughter named Exa Dark Sideræl, and he recently made headlines for allegedly having twins with fellow singer Shivon Zilis.
Twitter will take the world’s richest person to court in October 2022 to hold Musk accountable for the original sale.
Twitter attorney William Savitt has accused Musk of “attempted sabotage” and said he is “doing his best to shut down Twitter.”
Jeff Bezos – $171 billion
Jeff Bezos is the second richest person in the world with an estimated net worth of $171 billion.
Originally from Albuquerque, New Mexico, Bezos famously started Amazon from a garage in his home.
The company started out selling books, but by the early 2000s it had expanded its offerings from electronics to furniture and toiletries.
Bezos owns multiple apartments in New York City, homes in Washington, California and Washington DC, and a ranch in Texas that is the private base for his company Blue Origin, which launched tourists into space in 2021.
According to that New York PostIn August 2022, his superyacht had to be towed out of the city of Rotterdam after Dutch residents threatened to make fun of it if city officials went ahead and dismantled a prominent bridge to allow it to fit inside.
Bezos divorced his wife MacKenzie in 2019 after 25 years of marriage and announced his new relationship with Lauren Sanchez that same year.
His company Amazon was questioned for its tax avoidance, and the organization Ethical Consumer called for a boycott of Amazon.
There were also concerns about the treatment of employees: In April 2022, warehouse workers in Staten Island, New York, successfully voted to unionize.
Union leader Chris Smalls said: “We want to thank Jeff Bezos for going into space because while he was up there we signed people up.”
Bernard Arnault & Family – $158 billion
The Bernard Arnault family is the third richest family in the world with an estimated net worth of $158 billion.
The 73-year-old French billionaire runs 70 of the world’s best-known fashion and beauty brands, including Louis Voulton, Tiffany & Co and Sephora.
Arnault came from a wealthy family, with his family owning a successful construction business.
He entered the industry in 1985 after using $15 million from his father’s business to buy Christian Dior.
Arnault currently resides in Paris, France and is married to concert pianist Helene Mercier.
The couple have five children, four of whom – Frédéric, Delphine, Antoine and Alexandre – work in the family business.
Bill Gates – $129 billion
Bill Gates is the fourth richest person in the world with an estimated net worth of $129 billion.
Gates made his fortune through the software company Microsoft, which he co-founded with Paul Allen in 1975.
The couple founded the Bill and Melinda Gates Foundation, of which they are still co-chairs.
The foundation supports global health initiatives around the world, including improving global sanitation and working to eradicate diseases like malaria and AIDS.
On July 13, Gates announced on Twitter that he plans to donate his entire fortune to the foundation.
He said the plan would see him “moved down and eventually off the list of the world’s richest people.”
The tech mogul added, “I am committed to giving my resources back to society in ways that have the greatest impact on reducing suffering and improving lives.
“And I hope that others in positions of great wealth and privilege will rise at this moment.”
Warren Buffett – $118 billion
Warren Buffet is the fifth richest person in the world according to Forbes Magazine with an estimated net worth of $118 million.
The son of a US Congressman, Buffett bought and sold his first stock at age 11, earning him the nickname “Oracle of Omaha.” He runs Berkshire Hathway, which owns companies like Dairy Queen.
In 2006, he pledged to give away 99% of his wealth and has given away $45 million to date. Unlike many of the other billionaires on this list, Buffett still lives in the same Omaha, Nebraska home that he bought in 1958 for $31.50 before making his fortune.
Who are the top 10 richest people in the world?
- Elon Musk: $219 billion
- Jeff Bezos: $171 billion
- Bernard Arnault & family: $158 billion
- Bill Gates: $129 billion
- Warren Buffett: $118 billion
- Larry Page: $111 billion
- Sergey Brin: $107 billion
- Larry Ellison: $106 billion
- Steve Ballmer: $91.4 billion
- Mukesh Ambani: $90.7 billion