TOP 5 RICHEST PERSON IN THE WORLD IN 2023

TOP 5 RICHEST PEOPLE IN THE WORLD.    

1. Elon Musk  

  • Age: 52  
  • Residence: United States  
  • Co-founder and CEO: Tesla  
  • Net Worth: $238 billion  
  • Tesla Ownership Stake: 13% ($107 billion) 
  • Twitter Ownership Stake: 79% ($8.8 billion) 
  • Other Assets: Space Exploration Technologies ($53.2 billion private asset), The Boring Company ($3.33 billion private asset)  

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.com, the online payment system that was sold to eBay and ultimately became PayPal Holdings. 

2. BERNARD ARNAULT  

  • Age: 74  
  • Residence: France  
  • CEO and Chair: LVMH 
  • Net Worth: $196 billion  
  • Christian Dior Ownership Stake: 97.5% ($152 billion total)  
  • Other Assets: Company equity ($30.9 billion public asset) and $13.5 billion in cash    

French national Bernard Arnault is the chair and CEO of LVMH, the world’s largest luxury goods company. LVMH brands include Louis Vuitton, Marc Jacobs, and Sephora.  

Most of Arnault's wealth comes from his massive stake in Christian Dior SE, the holding company that controls 41.4% of LVMH. His shares in Christian Dior SE, plus an additional 6.2% in LVMH, are held through his family-owned holding company.    

3. JEFF BEZOS  

  • Age: 59  
  • Residence: United States   
  • Founder and Executive Chair: Amazon (AMZN)   
  • Net Worth: $157 billion  
  • Amazon Ownership Stake: 10% ($130 billion)  
  • Other Assets: Blue Origin ($11.2 billion private asset), The Washington Post ($250 million private asset) ($500 million private asset), and $14.2 billion in cash   

In 1994, Jeff Bezos founded Amazon.com in a garage in Seattle, shortly after he resigned from the hedge fund giant D.E. Shaw.  

He had originally pitched the idea of an online bookstore to his former  David E. Shaw, who wasn’t interested.    

Though Amazon originally started out selling books, it has since morphed into a one-stop shop for everything under the sun and is expected to overtake Walmart as the world’s largest retailer by 2024.   

Amazon's pattern of constant diversification is evident in some of its unexpected expansions, which include acquiring Whole Foods in 2017 and entering the pharmacy business the same year.  

4. BILL GATES   

  • Age: 67  
  • Residence: United States  
  • Co-founder: Microsoft (MSFT)  
  • Net Worth: $137 billion  
  • Microsoft Ownership Stake: 1.4% ($34.6 billion)  
  • Other Assets: $65.8 billion in cash and billions over multiple other companies   

 attending Harvard University in 1975, Bill Gates went to work alongside his childhood friend Paul Allen to develop new software for the original microcomputers.   

Following this project’s success, Gates dropped out of Harvard during his junior year and founded Microsoft with Allen.   

The largest software company in the world, Microsoft, also produces a line of personal computers, provides email services through its exchange server, and sells video game systems and associated game devices.   

It has recently invested heavily in cloud services.  

5. MARK ZUCKERBERG  

  • Age: 39  
  • Residence: United States  
  • CEO and Chair: Meta Platforms (META)  
  • Net Worth: $117 billion  
  • Meta Platforms Ownership Stake: 13% ($113 billion total)  
  • Other Assets: $4.03 billion in cash  

Mark Zuckerberg first developed Facebook (now Meta) alongside fellow students Eduardo  Dustin Moskovitz, and Chris Hughes while attending Harvard University in 2004.  

As Facebook began to be used at other universities, Zuckerberg dropped out of Harvard to focus entirely on his growing business.  

Today, Zuckerberg is the CEO and chair of Meta, which had 3 billion monthly active users as of Q1 2023.  

Facebook CEO Mark Zuckerberg.  

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MIRZA YT short - Aug 6, 2023, 4:07 PM - Add Reply

very nice

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