The buzz around billionaires attracts a large number of eyeballs. Be it investing huge sums of money in the latest tech development or splashing dollar bills on top of the line luxury, competition between top billionaires always seems to be trendy, with flashy yachts and multi-million dollar homes. However, not everything about billionaires is showy. They work very hard to earn those dollars. Even after unwavering commitment, not everything is certain as far as their standing and status are concerned. In 2021, India’s two biggest business tycoons Mukesh Ambani and Gautam Adani zoomed past Chinese billionaires Jack Ma and Zhong Shanshan in global wealth ranking, making them Asia’s richest businesspersons. Currently, Adani and Ambani hold 14th and 12th rank in the worldwide billionaire chart, respectively. The Chinese tech giants had been dominating the top charts of the Bloomberg Billionaires Index for a long time but were eventually trumped by the Indian business honchos. However, the US billionaires remain untouched with their net worth soring up more than 100 billion dollars. Here is the list of the top 10 billionaires in the world according to the latest Bloomberg Billionaires Index.
1. Jeff Bezos (Net Worth: $196 billion) Bezos is the founder of Amazon, the world's biggest online retailer. The Seattle-based company sells electronics, household goods and other products through its flagship website. It also controls the Whole Foods grocery chain and offers cloud computing and streaming services. Amazon had revenue of $386 billion in 2020.
2. Bernard Arnault (Net Worth: $178 billion) France's richest person is the chairman of LVMH Moet Hennessy Louis Vuitton, the world's largest maker of luxury goods. He controls about half of LVMH, which had revenue of 44.6 billion euros ($51 billion) in 2020. It sells products including Louis Vuitton leather goods, TAG Heuer watches and Dom Perignon champagne.
3. Elon Musk (Net Worth: $171 billion) Musk is the chief executive officer of Tesla, a maker of electric vehicles. The Palo Alto, California-based company sells sedans, sport utility vehicles, and is the state's largest automotive employer. He's also CEO of SpaceX, a rocket manufacturer tapped by NASA to resupply the space station.
4. Bill Gates (Net Worth: $145 billion) Gates co-founded Microsoft, the world's biggest software maker, and owns about 1% of the Redmond, Washington-based company. The rest of his fortune is managed through closely held Cascade Investment, which controls stakes in dozens of publicly traded companies, including Canadian National Railway, Deere and Ecolab.
5. Mark Zuckerberg (Net Worth: $125 billion) Zuckerberg is co-founder and chief executive of Facebook, the company behind the world's largest social network. The Menlo Park, California-based business had revenue of $86 billion in 2020 and has about 2.8 billion monthly users. It's initial public offering in 2012 was the biggest-ever technology IPO at the time.
6. Larry Page (Net Worth: $112 billion) Page is a co-founder of Alphabet, the holding company for Google, the world's largest search engine operator. The Mountain View, California-based company was set up in 1998. It handles about 1 trillion searches a year and reported revenue of $182.5 billion in 2020. The group's divisions include Gmail, Android and YouTube.
7. Sergey Brin (Net Worth: $108 billion) Brin is a co-founder of Alphabet, the holding company that owns Google, the world's largest search-engine operator. The Mountain View, California-based company was set up in 1998. It handles about 1 trillion searches a year and had revenue of $182.5 billion in 2020. The group's divisions include Gmail, Android and YouTube.
8. Warren Buffet (Net Worth: $107 billion) Buffett is the chairman and largest shareholder of Berkshire Hathaway, the investment group that's delivered a 20% compounded annual gain in market value since 1965. The Omaha, Nebraska-based company owns Geico, Clayton Homes and Dairy Queen, and has stakes in Coca-Cola and American Express.
9. Larry Ellison (Net Worth: $95 billion) Ellison is the founder and largest shareholder of Oracle, the database company that had revenue of more than $40 billion in the year to May 31, 2020. He owns about a third of the Redwood City, California-based company as well as a stake in Tesla, a sailing team, the Indian Wells tennis event and real estate, including Hawaii's Lanai island.
10. Steve Ballmer (Net Worth: $93.8 billion) Ballmer is the former CEO of Microsoft, the world’s biggest software maker. He stepped down in 2014 and remains a shareholder in the Redmond, Washington-based company, which makes the Windows operating system, the Xbox game console and Surface tablet computers. Ballmer also owns the L.A. Clippers, basketball team.
