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Top 5 Richest People in The World

From political decisions to social and economic transformations, billionaires play a critical role in influencing the world. According to Forbes, there are 2,755 billionaires in the world. Only a few of people—ten to be exact—have a net worth of $100 billion or more. Many of these billionaires are the founders of technology companies, and their fortune is mostly invested in the businesses they founded.

According to the Bloomberg Billionaires Index, the 10 wealthiest people in the world at the time of editing this article—Jan. 19, 2022—are listed below.

1. Elon Musk

Net worth: $269 billion

Elon Reeve Musk FRS is an entrepreneur and business magnate. He is the founder, CEO, and Chief Engineer at SpaceX; early-stage investor, CEO, and Product Architect of Tesla, Inc.; founder of The Boring Company; and co-founder of Neuralink and OpenAI.

After car rental firm Hertz announced its plan to acquire 100,000 of Tesla's electric vehicles on Oct. 25, 2021, shares of the automaker jumped 12.7 percent and achieved a $1 trillion market valuation. Tesla CEO Elon Musk's fortune increased by almost $36 billion in a single day as a result. 1617 Musk's lead as the world's richest person continues to expand, thanks to a jump in Tesla shares and a deal with investors in October 2021 that boosted SpaceX's valuation. Musk's net worth had increased by $72 billion in the previous year as of Jan. 19, 2021. 

2. Jeff Bezos

Net worth: $187 billion

Jeffrey Preston Bezos is an entrepreneur, media mogul, investor, computer engineer, and commercial astronaut from the United States. He is the founder and executive chairman of Amazon, where he formerly served as president and chief executive officer.

Bezos took Amazon public in 1997 and went on to become the first guy to reach a net worth of more than $100 billion since Bill Gates in 1999. 2526 Other projects by Jeff Bezos include the aerospace company Blue Origin, The Washington Post (which he bought in 2013), and the 10,000-year clock (also known as the Long Now).

Blue Origin's first successful crewed flight took place on July 20, 2021, with Bezos, his brother Mark, aviation pioneer Wally Funk, and Dutch student Oliver Daemen, reaching an altitude of slightly over 62 miles before landing safely.

3. Bernard Arnault

Net worth: $187 billion

Bernard Arnault, a French national, is the chairman and CEO of LVMH, the world's largest luxury goods conglomerate. Some of the world's most recognizable brands are owned by this company, including Louis Vuitton, Hennessey, Marc Jacobs, and Sephora. 33

However, his large position in Christian Dior SE, the holding firm that owns 41.2 percent of LVMH, accounts for the majority of his riches.

34 His family-owned holding business, Groupe Familial Arnault, owns 6.2 percent of Christian Dior SE and another 6.2 percent of LVMH.

4. Bill Gates

Net worth: $133 billion

Bill Gates started to work with his childhood buddy Paul Allen to build new software for the early microcomputers while attending Harvard University in 1975. Following the success of this effort, Gates dropped out of Harvard during his junior year and joined Allen to create Microsoft.

The Bill & Melinda Gates Foundation, of which he and his ex-wife, Melinda Gates are co-chairs, was formed in 2000 when Gates' two philanthropic organizations, the William H. Gates Foundation and the Gates Learning Foundation, were united to become the Bill & Melinda Gates Foundation.  He has spent billions fighting polio and malaria through his organization. In 2014, he also contributed $50 million to assist battle Ebola. 50 The organization has spent approximately $1.9 billion to tackle the COVID-19 pandemic as of 2021. 

5. Larry Page

Net worth: $124 billion

Larry Page's claim to fame, like that of several other tech billionaires on our list, began in a college dorm room. Page and his friend Sergey Brin came up with the notion of increasing data extraction skills when using the Internet while at Stanford University in 1995. The team created "Backrub," a new form of search engine technology named after its capacity to examine "backing links." After that, Page and Brin co-founded Google in 1998, with the former serving as CEO until 2001.