IN PICS | After Elon Musk Loses Top Spot, Here is How World Rich List Looks Like

Elon Musk is no longer the world’s richest man after French businessman Bernard Arnault took over the title. Here’s how the world’s rich list looks like, according to Bloomberg Billionaires Index

Elon Musk is no longer the world’s richest man after French businessman Bernard Arnault took over the title. Here’s how the world’s rich list looks like, according to Bloomberg Billionaires Index

1. Bernard Arnault $163 Bn, France. Bernard Arnault leads LVMH’s fashion empire, which includes brands like Louis Vuitton, Sephora, Tiffany & Co, Christian Dior, Celine, and Tag Heuer. LVMH has also spent $3.2 billion in 2019 for luxury hospitality group Belmond, which owns or manages 46 hotels, trains, and river cruises. [Image Credit: Getty]

2. Elon Musk $156 Bn, United States. Elon Musk has co-founded 6 firms including Tesla, SpaceX, the Boring company, OpenAI. He has recently taken over Twitter for $44 billion after which his fortune suffered a major loss, kicking him down to the second spot on the world's rich list. [Image Credit: Getty]

3. Gautam Adani $124 Bn, India. Gautam Adani runs the $21 billion (revenue) Adani Group which has business in sectors including ports, airports, power generation, transmission, green energy, edible oils, cement, and real estate, among others. [Image Credit: Getty]

4. Bill Gates $112 Bn, United States. Bill Gates made his fortune from the software firm Microsoft which he co-founded in 1975. In March 2020, he stepped down from the Microsoft board. To date, Gates has donated more than $59 billion to the Gates Foundation. [Image Credit: Getty]

5. Jeff Bezos $111 Bn, United States. Jeff Bezos founded the e-commerce giant Amazon in 1994. In July 2021, he stepped down as CEO to become executive chairman of the company. He now owns less than 10 per cent of the company. Bezos also owns The Washington Post and Blue Origin, an aerospace company developing rockets. [Image Credit: Getty]

6. Warren Buffett $104 Bn, United States. Warren Buffett runs Berkshire Hathaway, which owns companies, including Dairy Queen. Son of a US Congressman, Buffett first bought stocks at age 11. He is considered one of the most successful investors of his time. In 2006, he pledged to give away 99 per cent of his fortune and so far has given away $49 billion. [Image Credit: Getty]

7. Larry Ellison $91.5 Bn, United States. Larry Ellison is the co-founder and chairman of software giant Oracle. He owns 35 per cent stacks of the company. Ellison gave up the Oracle CEO role in 2014 after 37 years. Ellison also owns 15 per cent of stacks of Tesla. He sat on the board of Tesla between 2018 and 2022. [Image Credit: Getty]

8. Mukesh Ambani $87.6 Bn, India. Mukesh Ambani runs the $104 billion (revenue) Reliance Industries, which has interests in petrochemicals, oil, gas, telecom, and retail. Reliance owns the world's largest oil refinery in Jamnagar, Gujrat. The firm also owns telco Jio, which has 420 million subscribers and has recently launched the 5G network. [Image Credit: Getty]

9. Steve Ballmer $86.8 Bn, United States. Steve Ballmer is the former CEO of Microsoft. He led the company from 2000 to 2014. After retiring from Microsoft he bought the NBA's Los Angeles Clippers for $2 billion. He invested $59 million in Social Solutions in 2018. The firm makes software for non-profits and government agencies. [Image Credit: Getty]

10. Larry Page $84.7Bn, United States. Larry Page co-founded Google in 1998 with Sergey Brin. He left the CEO position of Google’s parent company Alphabet in 2019 but remains a board member and a controlling shareholder. He is also an investor in space exploration company Planetary Resources and also funding "flying car" startups Kitty Hawk and Opener. [Image Credit: Getty]