The world’s top ten richest persons now own $1.3 trillion in assets.
This amount of money is around 1.4 percent of the global economy, Amazon’s whole market capitalization, or spending $1 million each day for 3,000 years. In fact, it’s more than twice what it was just two years ago ($663 billion).
We showcase a glimpse of the world’s wealthiest in 2022, based on data from the Forbes Real-Time Billionaires List, as billionaire wealth rises at a stunning rate.
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Top 10 Richest People in the World
We showcase a glimpse of the world’s wealthiest in 2022, based on data from the Forbes Real-Time Billionaires List, as billionaire wealth rises at a stunning rate.
Elon Musk is the wealthiest person on the globe, with a fortune of $212 billion.
In 2021, Tesla will have delivered over one million automobiles worldwide. Despite a lack of computer chips, Tesla deliveries increased by 87 percent year over year.
Musk, who is also the CEO and chief engineer of SpaceX, wants to launch the world’s biggest rocket into space in 2022. It stands at a height of 119 meters.
Here are the richest people on the planet, as of March 14, 2022.
| Rank | Name | Source | Net Worth (Mar 2022) | Net Worth (Mar 2021) | Change 2021-22 |
|---|---|---|---|---|---|
| 1 | Elon Musk | Tesla, SpaceX | $212B | $151B | $61B |
| 2 | Jeff Bezos | Amazon | $168B | $177B | -$9B |
| 3 | Bernard Arnault & family | LVMH | $159B | $150B | $9B |
| 4 | Bill Gates | Microsoft | $130B | $124B | $6B |
| 5 | Warren Buffett | Berkshire Hathaway | $119B | $96B | $23B |
| 6 | Larry Page | $108B | $92B | $16B | |
| 7 | Larry Ellison | Oracle | $105B | $93B | $12B |
| 8 | Sergey Brin | $105B | $89B | $16B | |
| 9 | Mukesh Ambani | Diversified | $91B | $85B | $6B |
| 10 | Steve Ballmer | Microsoft | $90B | $69B | $21B |
Jeff Bezos is in second place with a net worth of $168 billion. Bezos is the only billionaire in the top ten who has lost money this year (-$9 billion).
Because of poor profits and lackluster retail growth, Amazon shares have only climbed 3% since March.
For the first time since 2016, Mark Zuckerberg, CEO of Meta (previously Facebook), dropped out of the top ten. Meta’s stock dropped after the company reported the first dip in worldwide daily active users since 2004.
Top 10 Overall Growth Rates
Here are the ten wealthiest persons on the planet who have seen their fortunes grow the fastest:
Musk saw his fortune increase more than any other person on this list. Tesla became a trillion-dollar firm for the first time in 2021, and Musk’s net worth increased by 29% in the previous year.
In 2022, there will be crypto billionaires.
There are at least 10 people around the world who have seen their wealth rise into trillions of dollars thanks to the rise of cryptocurrencies.
With a staggering $24 billion net worth, Sam Bankman-Fried, the creator of the FTX crypto derivatives market, is at the top. When Bankman-Fried was 27 years old, he founded the exchange.
FTX presently has one million customers and is valued at $32 billion.
| Rank | Name | Net Worth | Age (as of Mar 14) |
|---|---|---|---|
| 1 | Sam Bankman-Fried | $24B | 30 |
| 2 | Brian Armstrong | $6B | 39 |
| 3 | Chris Larsen | $4B | 61 |
| 4 | Cameron Winklevoss | $4B | 40 |
| 5 | Tyler Winklevoss | $4B | 40 |
| 6 | Barry Silbert | $3B | 45 |
| 7 | Jed McCaleb | $3B | 47 |
| 8 | Fred Ehrsam | $2B | 33 |
| 9 | Michael Saylor | $2B | 57 |
| 10 | Matthew Roszak | $1B | 49 |
Brian Armstrong, the co-founder of bitcoin exchange Coinbase, follows Bankman-Fried. After Binance, it is the world’s second-largest cryptocurrency exchange.
Cameron and Tyler Winklevoss, co-founders of the Gemini cryptocurrency exchange, are also on the list, each with a net worth of $4 billion. They, like their competitor Mark Zuckerberg, want to create a metaverse.
Larger Shifts
They, like their competitor Mark Zuckerberg, want to create a metaverse.
Will the wealth of billionaires continue to rise at such a rapid pace? If the invasion of Ukraine continues, it will almost certainly have far-reaching structural consequences.
As observed in the aftermath of WWII, some claim that war is a great leveler, a force that has decreased income disparity.
Others argue that it exacerbates wealth disparity, particularly when the conflict is supported by public debt. Costs have often risen as a result of conflict, increasing strain on poor and middle-income people.
Whether or not the war will have long-term effects on how people get their money is still up in the air. If the pandemic is any precedent, the effects will be hard to predict, though.