Top 5 Richest Man

TOP 5 RICHEST PERSON

The list of the world's richest persons can vary from year to year, depending on their latest net worth and financial performance. Here is the latest list of the world's top 10 richest persons, based on the real-time Forbes List of July 12, 2021, and some interesting facts about each of them.

1. Bernard Arnault & Family - $188.6 billion

Age: 72
Residence: Paris
CEO and Chair: LVMH
Net Worth: $188.6 billion1
Christian Dior Ownership Stake: 97.5% ($109 billion)
Other Assets: Moelis & Company equity ($21.4 billion public assets), Hermès equity ($2.23 billion public assets), Carrefour equity ($1.26 billion public assets), and $4.50 billion in cash

LVMH – France Chairman and CEO Bernard Arnault is the first richest person on the earth today. His net worth is $188.6 billion resulting from his business across an empire of more than 70 brands, including Louis Vuitton and Sephora. French businessman and Europe’s richest man Bernard Arnault earned the $100 billion fortune last December.

2. Jeff Bezos - $212.4 billion

Age: 57
Residence: Seattle
Founder and Executive Chair: Amazon
Net Worth: $212.4 billion
Amazon Ownership Stake: 10.15% ($187 billion)2
Other Assets: Blue Origin ($7.15 billion private assets), The Washington Post ($250 million private assets), and $9.75 billion in cash

Amazon founder and CEO Jeff Bezos has a net worth of $212.4 billion and ranks as the second richest person on the earth today. Bezos founded the behemoth Amazon in 1994 out of his garage in Seattle. The e-commerce giant has reaped the benefits of this coronavirus pandemic, with more people shopping online.

3. Elon Musk - $162.8 billion

Age: 50
Residence: Austin, Texas
Co-founder and CEO: Tesla
Net Worth: $162.8 billion
Tesla Ownership Stake: 17.7% ($109.7 billion)15
Other Assets: Space Exploration Technologies ($29.8 billion private assets) and The Boring Company ($101 million private assets)

Elon Musk is working to revolutionize transportation both on Earth through electric car maker Tesla and space via rocket producer SpaceX. Elon Musk's rocket company is now valued at nearly $100 billion. Currently, his net worth is $162.8 billion. Musk’s rocket company, SpaceX, is now valued at nearly $100 billion. Tesla has become the world’s most valuable automaker with a market capitalization of $342 billion in Feb 2021.

4. Bill Gates - $129.2 billion

Age: 65
Residence: Medina, Washington
Cofounder: Microsoft Corp.
Net Worth: $129.2 billion
Microsoft Ownership Stake: 1.3% ($25.8 billion)

The co-founder of Bill & Melinda Gates Foundation, Bill Gates has a net worth of $129.2 billion. Having founded the software giant Microsoft and Paul Allen, Bill Gates eventually sold away much of his stakes in the company retaining just 1% of the shares and investing the rest in stocks and other assets. Bill Gates entered the $100 billion club last April when Microsoft's share price surged post-earnings. The Bill & Melinda Gates Foundation is the world’s largest private charitable foundation.

5. Mark Zuckerberg - $126.2 billion

Age: 37
Residence: Palo Alto, Calif.
Co-founder, CEO, and Chair: Facebook
Net Worth: $126.2 billion
Facebook Ownership Stake: 0.06% ($614 million)48
Other Assets: $2.93 billion in cash and $225 million in real estate

The co-founder, CEO, and chairman of Facebook, Mark Zuckerberg, champions the social network that has become a go-to communications avenue today. His net worth is $126.2 billion, and today, he owns about 15% stakes in Facebook after the firm went public in May 2012. Mark Zuckerberg is the youngest billionaire. His net worth zoomed past the $100 billion mark — all thanks to Instagram Reels — the alternative to TikTok, which was banned in India earlier this year and is facing troubles in the US as well.