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10 Richest People in the World: After Adani’s entry into the list

10 Richest People in the World: After Adani’s entry into the list

The list of the richest people in the world has recently changed. The founder of the Adani Group, Gautam Adani, is now the third richest person in the world, according to the Bloomberg Billionaires Index, and he provides this update. The co-founder of LVMH Moet Hennessy Louis Vuitton, Bernard Arnault, and Microsoft’s Bill Gates have all surpassed the 60-year-old businessman on the list.

According to the Bloomberg report, this is the first time an Asian has been listed among the top 3 richest people. In their report, Bloomberg stated that “Adani Enterprises, the group’s listed trading house, reported revenue of $5.3 billion in the year to March 31, 2021.”

Here are the most recent rankings of the top 10 richest people in the world, listed in ascending order of net worth, following the most recent commotion on the list.

Top 10 Richest People in the World

  1. Elon Musk: With a fortune of $251 billion, the CEO of Tesla is at the top of the list. Musk also serves as the company’s CEO and produces space rockets.
  1. Jeff Bezos: The founder of Amazon, the largest online retailer in the world, has a $153 billion fortune. “[It] also controls the Whole Foods grocery chain and offers streaming and cloud computing services. In 2021, Amazon revenue $470 billion in 2021”, according to the report.
  1. Gautam Adani: Adani, is the most recent addition to the list, with a net worth of $137 billion. He worked as a diamond broker in Mumbai before founding Adani Enterprises. The Adani group “is India’s largest closely held thermal coal producer and largest coal trader”.
  1. Bernard Arnault: Bernard, who has a net worth of $136 billion, is the richest person in France. He oversees LVMH Moet Hennessy Louis Vuitton as chairman. He owns nearly 50% of LVMH, which generated $76 billion in revenue in 2021. According to Bloomberg’s analysis of Arnault’s profile, Dom Perignon champagne, TAG Heuer watches, and Louis Vuitton leather goods are among the goods it offers. 
  1. Bill Gates: Gates, a co-founder of Microsoft, the largest software manufacturer in the world, has accumulated a wealth of $117 billion. According to the newspaper, “the rest of his fortune is managed through closely held Cascade Investment, which has stakes in dozens of publicly traded companies.” He is one of the richest people in the world.
  1. Warren Buffet: Buffet, the CEO of Berkshire Hathaway, is worth $100 billion. Since 1965, the investment firm Hathaway has increased its market value by a compounded yearly rate of 20%.
  1. Larry Page: The second Alphabet co-founder is named Page, and the Index estimates that he is worth $100 billion. GOOG US Equity is the 49-year-biggest old’s asset.
  1. Sergey Brin: Brin, a co-founder of Alphabet, the holding company that owns Google, has a net worth of $95.8 billion, making him one of the richest people in the world. “The Mountain View, California-based company was set-up in 1998. It had a revenue of $258 billion in 2021. The group’s divisions include Gmail, Android, and YouTube,” the Bloomberg said in Brin’s profile.
  1. Steve Ballmer: The former CEO of Microsoft has a $93.7 billion net worth. According to the Bloomberg report, the sexagenarian is still a shareholder in Redmond, a business based in Washington that creates the Windows operating system, the Xbox gaming system, and Surface tablet computers.
  1. Larry Elison: Ellison, who founded the database company Oracle, has a $93.3 billion net worth. Over $40 billion in sales was reported by Oracle for the year ending on March 31, 2021. “He owns more than 40% of the Austin, Texas-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,” the Bloomberg report read.

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Gautam Adani becomes World’s Third Richest Person

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