From Elon Musk to Warren Buffett, the world’s top 10 billionaires, led by the CEO of Tesla and SpaceX, are even richer this year. During the last exercise, the set of these rich added more than 400,000 million dollars.
Each of these tycoons exceed the chilling figure of 100,000 million dollars, according to the Bloomberg index. Some of the names on the list already know the feeling of belonging to the exclusive 12-digit club, like Bill Gates, who started it in 1999, or Jeff Bezos, who did it for the first time in 2017.
Individually, the ten largest fortunes on the planet contributed a different figure to reach this joint heritage of 402,170 million.
1. Elon Musk: 277 billion (+121 billion)
The tycoon who recently became the world’s richest person has enjoyed tremendous growth in his electric car company. Tesla shares have risen about 60% this year and the firm’s value hit $1 billion for the first time this October.
On the other hand, Musk has sold millions in Tesla shares to meet the tax bill of nearly 12,000 million derived, precisely, from the sale of options. The electric car tycoon increased his net worth by $121 billion.
2. Jeff Bezos: 195,000 million (+5,000 million)
The Amazon founder resigned last July from his CEO position at the retail giant. Bezos said that he wanted to dedicate his efforts to his aerospace company, Blue Origin, as well as his other projects like the Earth Fund, The Washington Post and the Amazon Day 1 Fund.
The online sales tycoon didn’t add as much net worth as his nemesis, Musk. However, the one who was already the richest person in the world added 5,000 million more to his wealth.
3. Bernard Arnault: 176,000 million (+61,000 million)
The owner of the LVMH luxury goods group, which includes some of the most important brands in the world, such as Moët, Hennessy or Louis Vuitton, increased his fortune by 61,000 million dollars during the last financial year.
The French businessman, despite being ranked number three in the world ranking, is the richest person in Europe.
4. Bill Gates: 139,000 million (+7,000 million)
It is well known that Gates has been dedicated to philanthropy for years, donating millions of dollars through his foundations. Despite this, however, Gates continues to increase his fortune, in part thanks to the strong performance of Microsoft shares, a company in which he still owns about 1%.
5. Larry Page: 130,000 million (+47,000 million)
Alphabet surpassed the $2 billion market capitalization in November. This solid performance of the company allowed the co-founder of Google to add 47,000 million to his assets.
However, Page is no longer the CEO of Alphabet, although he remains on the executive board.
6. Mark Zuckerberg: 128 billion (+24 billion)
Zuckerberg is the only member of the ranking under 40 years old. At 37 years old, he ranks sixth on the list of the world’s greatest billionaires thanks to the 24,000 million he added to his fortune this year.
The social media mogul owns a 13% stake in the revamped Meta, the parent company of Facebook and Instagram of which he is CEO, whose value has grown 20% this year.
7. Sergey Brin: 125 billion (+45 billion)
Google’s other co-founder is two spots below his peer and similarly raised $2 billion less than Page during fiscal 2021.
Sergey Brin’s net worth rose by $45 billion over the past year thanks to the 38 million shares he owns in Alphabet, taking it above $100 billion for the first time.
8. Steve Ballmer: 122 billion (+41 billion)
The owner of the Los Angeles Clippers is $41 billion richer, but not because of his NBA team, but because of the stock he still holds from his time as CEO of Microsoft, the value of the company’s stock rose nearly 50% during the last exercise.
9. Larry Ellison: 109 billion (+29 billion)
Ellison’s company, Oracle, reaped the second best results in its historical record last December, which allowed him to enter the club of 100,000 million on the horn, thanks to the 29,000 million dollars he added.
10. Warren Buffett: 109 billion (+21 billion)
Despite the fact that the historic CEO of Berkshire Hathaway promised that he would give away half of his entire fortune, his wealth does not stop increasing thanks to the solid performance of his company’s shares. The 91-year-old tycoon added 21,000 million dollars.