The 2022 Forbes 400 List Of Richest Americans: Facts And Figures

top 5 richest people

In April, Dell Technologies announced that it would spin off its crown jewel, an 81% stake in cloud infrastructure giant VMware, by the end of the year. Walmart, America’s largest private employer, is ending quarterly bonuses for store staffers but raising its minimum wage by $1, to $12 an hour, amid nationwide worker shortages. The children of founder Sam Walton own an estimated 39% of the retailing giant’s shares—which are up 14% since last year—despite cashing out of some $6.4 billion worth of stock over the past year.

top 5 richest people

Warren Buffett: $119.5 billion

Zuckerberg rejoined the world’s top 10 richest earlier this summer for the first time since January 2022, as the result of a rise in the price of Meta’s stock. During the month of September, his fortune rose by an estimated $1.6 billion and he moved from No. 9 to No. 8 richest. Bezos was the world’s richest person on Forbes’ list of the World’s Billionaires from 2018 through 2021; he dropped to second richest on the 2022 billionaires list.

Forbes World’s Billionaires List 2024: The Top 200

The S&P 500 and the Dow Jones Industrial Average indices both declined at least 4% in the four weeks following September 3. As of August 1, 2024, the richest person in the world is Tesla and SpaceX CEO Elon Musk. He moved into the number one spot in late May 2024, overtaking Bernard Arnault of France.

Bernard Arnault

Her donations often come as a surprise to recipients and are made without strings attached, but she has faced some calls for more transparency. In March, news broke that she married a Seattle science teacher who worked at the private school her children attend. This chart shows the wealthiest people on Earth, by net worth in 2024. In ninth and tenth place comes Steve Ballmer (68), the former CEO of Microsoft, and Sergey Brin (50), the co-founder of Google.

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Musk is CEO of electric car company Tesla and rocket firm SpaceX; chairman and CTO of social media company X, formerly known as Twitter; and founder of artificial intelligence firm xAI. He owns 13% of Tesla stock and has pledged some of his stock as collateral for loans. Until Musk receives those options, Forbes will continue to discount the Tesla options from the pay package by 50%. In the meantime, Musk’s fortune is up $19.2 billion, https://i-w-t.org/beauty-and-health/cosmetology/adv/uvielichitiel-dlia-ghub-517.html as the value of Tesla shares increased by 17% in the past month. Musk will likely get another boost soon from SpaceX, which is reportedly set to sell shares in a tender offer valuing the company at $210 billion—up from $180 billion last December (Musk owns an estimated 42% stake). In the meantime, Musk’s fortune rose by $3 billion in the past month, partly due to the increased value of his 42% stake in rocket firm SpaceX.

top 5 richest people

#2 Jeff Bezos

  • Her fortune lies in her ownership of shares in cosmetics giant L’Oreal, which she inherited from her late mother.
  • He rose to the world’s No. 4 richest from No. 5 at the beginning of August.
  • He first bought shares in a textile company called Berkshire Hathaway in 1962, becoming the majority shareholder by 1965.
  • After co-founding Google with Larry Page in 1998, Brin became Google’s president of technology when Eric Schmidt took over as CEO in 2001.
  • The Google co-founder added $47 billion to his fortune thanks to the strong performance of Alphabet in 2021, which surpassed the $2 trillion market cap in November and was recently crowned Big Tech stock of the year by CNBC.
  • Shares of Meta fell nearly 6% in July amid a selloff of the Magnificent Seven tech stocks.

Blackstone’s inaugural growth equity fund, which has invested in dating app Bumble and oat milk maker Oatly, raised $4.5 billion as of its close in March. Schwarzman, who cofounded the firm in 1985, is CEO and chairman. In August, the Federal Trade Commission refiled a lawsuit that, if successful, could force Facebook to split up its Instagram and WhatsApp http://www.fanclub-fakel.ru/news/text/1223 businesses. In June, Facebook hit a $1 trillion market capitalization for the first time. The fortune of its founder and CEO has risen by $49.5 billion in one year. But in the past month, shares of Berkshire Hathaway ticked up by nearly 7.7%, adding $9.9 billion to Buffett’s fortune and moving him up the ranks to No. 7 richest in the world.

  • As of September 1, 2024, the richest person in the world is Tesla and SpaceX CEO Elon Musk.
  • Gates’ fortune fell by an estimated $2.5 billion during July, enough to move down to No. 9 from the No. 8 spot as of a month ago.
  • Larry Page, the former CEO of Alphabet, Google’s parent company, is worth $91.5 billion, placing him at No. 8 this year.
  • The database program proved so popular that SDL changed its name to Oracle Systems Corporation in 1982.
  • This year, 91-year-old Oracle of Omaha added $21 billion to a fortune he has described as “an almost incomprehensible sum.”
  • Sergey Brin was born in Moscow, Russia, moving to the U.S. with his family when he was six in 1979.

At least four of the injured have life-threatening injuries, WBMA said. “Officers are on the scene of multiple people shot with possibly multiple casualties,” the Birmingham Police Department wrote in a post to X. The Lebanese health ministry said at least 31 people were killed in the attack – including three children and seven women – with dozens more wounded. https://pikalily.com/6-hobbies-family/ In Beirut, there were chaotic scenes as emergency teams rushed to the site of the attack on Friday, rescuing the wounded and searching for people believed to be trapped under the rubble. The group also confirmed that Ahmed Wahbi, himself a top Radwan figure, died in the attack that hit the densely populated Dahieh area – a stronghold of the group.

top 5 richest people

He bought X, then known as Twitter, for $44 billion in October 2022 and owns an estimated 74% of the social media company, which is now worth less than half what he paid for it. Arnault still clocks in at No. 2 richest, but he’s worth about $22 billion less than a month ago, as a result of a nearly 11% drop in the price of luxury goods group LVMH’s share price. As of October 1, 2023, Musk is still the world’s richest person—a position he also held for much of 2022. Ballmer owns an estimated 4% of Microsoft, making him the software giant’s largest individual shareholder.

Forbes World’s Billionaires List 2022: The Top 200

Established in 2009, the company was acquired by blockchain firm ConsenSys in 2018 amid funding problems. He has also shown an interest in flying car companies, investing in both Kitty Hawk and Opener, although Kitty Hawk ceased operations in 2022. Larry Ellison was born in New York City to a 19-year-old single mother. After dropping out of the University of Chicago in 1966, Ellison moved to California and worked as a computer programmer. In 1973, he joined the electronics company Ampex, where he met future partners Ed Oates and Bob Miner. Three years later, Ellison moved to Precision Instruments, serving as the company’s vice president of research and development.

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