Highlights:
- A cumulative net worth of $198 billion was recorded by Elon Musk on September 21, 2021, making him the world’s richest man at that time.
- The second-richest person in the world, Jeff Bezos, is worth $194 billion.
Top 10 Richest People in the World
The aggregate wealth of the world’s top 10 richest people is $1.4 trillion. To put it in perspective, that’s about the same as the GDP of Australia.
Who are these ultra-rich people, and where do they get their money from? Take a look at the world’s 10 wealthiest people and how they got there.
Who’s a member of the $100 Billion Club?
According to recent estimates, Elon Musk has a fortune worth $198 billion. That’s an extra $60 billion on top of the $138 billion average for the entire group.
Who are these ultra-wealthy individuals, and what’s the source of their wealth? Here’s a look at the top 10 richest people on the planet, and how they’ve made their billions.
| Rank | Name | Total Net Worth | Country | Industry | Source of Wealth |
|---|---|---|---|---|---|
| 1 | Elon Musk | $198 B | U.S. | Technology | Tesla, Space X |
| 2 | Jeff Bezos | $194 B | U.S. | Technology | Amazon |
| 3 | Bernard Arnault | $157 B | France | Consumer | LVMH |
| 4 | Bill Gates | $149 B | U.S. | Technology | Microsoft |
| 5 | Mark Zuckerberg | $132 B | U.S. | Technology | |
| 6 | Larry Page | $124 B | U.S. | Technology | |
| 7 | Sergey Brin | $119 B | U.S. | Technology | |
| 8 | Steve Ballmer | $105 B | U.S. | Technology | Microsoft |
| 9 | Larry Ellison | $100 B | U.S. | Technology | Oracle |
| 10 | Warren Buffett | $100 B | U.S. | Diversified | Berkshire Hathaway |
With the stock market performing so well in recent years, this comes as no surprise. Many people, including well-known financier Michael Burry, believe that the Tesla bubble would burst at some point, but the value of the vehicle company has continued to rise thus far.
Tesla has a market cap of $768 billion, making it worth more than the combined value of the next six largest automobile manufacturers.
Musk overtook Jeff Bezos, who had been the world’s richest person only a few months prior. However, since the two are constantly neck and neck, anything can happen at a moment’s notice.
The CEO of Louis Vuitton Mot Hennessy (LVMH), which owns Louis Vuitton, Dior, Fendi, Loro Piana, and Bulgari, is Bernard Arnault, third on the list. Arnault is Europe’s richest man, and he briefly held the title of richest person in the world in May.
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