Tech titans dominate the Forbes list of the world’s wealthiest people in mid-2022. Forbes’ database of the rich began in 1982 with the Forbes 400, a list of the 400 wealthiest Americans.
Daniel Keith Ludwig, a shipping entrepreneur with other commercial endeavors, was at the top of the 1982 list. Forbes currently includes a person’s net worth, philanthropy score, and self-made score.
Both George Soros and Rihanna have self-made ratings of ten, noting their humble beginnings before rising to fortune.
10. Mukesh Ambani
Indian industrialist Mukesh Dhirubhai Ambani was born on April 19, 1957, and is a multibillionaire. He is the chairman and managing director of Reliance Industries Ltd. (RIL), the most valuable corporation by market value in India and a Fortune Global 500 firm.
Ambani will be the second richest person in Asia after Gautam Adani and the 11th richest person worldwide as of July 27, 2022, according to Forbes and Bloomberg Billionaires Index estimates.
Mukesh Ambani is the chairman and CEO of Reliance Industries, a $74 billion (sales) conglomerate with petrochemicals, oil and gas, telecommunications, and retail holdings.
NET WORTH: $90.7 B
9. Steve Ballmer
Steven Anthony Ballmer, a corporate tycoon and businessman from the United States, led Microsoft as its CEO from 2000 until 2014. He is the current owner of the National Basketball Association’s Los Angeles Clippers (NBA).
His wealth is estimated by the Bloomberg Billionaires Index to be over $94 billion as of July 2022, making him the ninth-richest person on the planet.
Ballmer left Stanford University’s MBA program after being hired by Bill Gates at Microsoft in 1980. Ultimately, he was elected president in 1998, and on January 13, 2000, he succeeded Gates as CEO.
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Ballmer stepped down as CEO of Microsoft on February 4, 2014, and Satya Nadella took over in his place. Ballmer remained on the board of directors until August 19, 2014, when he resigned to get ready to teach a new course.
NET WORTH: $91.4 B
8. Larry Ellison
The co-founder, executive chairman, chief technology officer (CTO), and former chief executive officer (CEO) of the American computer technology corporation Oracle Corporation are Lawrence Joseph Ellison (born August 17, 1944), a business mogul and investor from the United States.
He was ranked tenth-wealthiest in the world as of July 2022 by the Bloomberg Billionaires Index, with an estimated net worth of $89 billion. The sixth-largest island in the Hawaiian Archipelago, Lanai, is owned by Ellison to a whopping 98 percent.
Larry Ellison is the chairman, chief technology officer, and co-founder of software behemoth Oracle, of which he owns over 35%.
NET WORTH: $106 B
7. Sergey Brin
Sergey Mikhailovich Brin is an American business magnate, computer scientist, and internet entrepreneur. He co-founded Google with Larry Page. Brin led Alphabet Inc. until December 3, 2019.
He and Page are Alphabet co-founders, controlling shareholders, board members, and employees. As of July 2022, Brin has an estimated net worth of $99 billion.
Brin arrived in the U.S. with his family at age 6. Following his father and grandfather, he studied computer technology and mathematics at the University of Maryland, College Park.
After graduating, he studied computer science at Stanford. They constructed a search engine together. They dropped out of Stanford’s Ph.D. program to start Google in Susan Wojcicki’s garage.
NET WORTH: $107 B
6. Larry Page
Lawrence Edward Page (born March 26, 1973) is a business magnate, computer scientist, and internet entrepreneur from the United States. He is well recognized as one of the co-founders of Google with Sergey Brin.
Page was Google’s CEO from 1997 to August 2001 (when he stepped down in favor of Eric Schmidt), then from April 2011 to July 2015, when he moved to become CEO of Alphabet Inc. (founded to deliver “significant breakthroughs” as Google’s parent company), a position he held until December 4, 2019.
He is still a member of Alphabet’s board of directors, an employee, and the company’s controlling shareholder. The creation of Google resulted in a tremendous quantity of riches.
According to the Bloomberg Billionaires Index, Page has a net worth of around $108 billion as of July 2022, ranking him seventh in the world.
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Page is the co-creator and namesake of PageRank, a Google search ranking algorithm. In 2004, he and co-writer Brin were awarded the Marconi Prize.
NET WORTH: $111 B
5. Warren Buffett
Since 1970, Buffett has served as the chairman and major shareholder of Berkshire Hathaway. Despite his enormous wealth, he is known for his commitment to value investment and personal frugality. Global media have dubbed him the “Oracle” or “Sage” of Omaha.
Buffett is a philanthropist who has vowed to donate 99 percent of his fortune to charitable causes, principally through the Bill & Melinda Gates Foundation. In 2010, he and Bill Gates co-founded The Giving Promise, in which billionaires pledge to give away at least half of their riches.
NET WORTH: $118 B
4. Bill Gates
3. Bernard Arnault & family
French tycoon Bernard Jean Étienne Arnault is also an investor and art collector. He is a co-founder, chairman, and CEO of the world’s largest luxury goods firm, LVMH Mot Hennessy – Louis Vuitton SE. Centillionaire Arnault is the third richest person in the world as of July 2022, according to Forbes.
Bernard Arnault is the CEO of the LVMH empire, which includes 70 fashion and cosmetics companies such as Louis Vuitton and Sephora.
NET WORTH: $158 B
2. Jeff Bezos
1. Elon Musk
The Conclusion
You might need to become a technological pioneer or a luxury retail maestro to move closer to making the list of the wealthiest billionaires. You might also keep it simple and concentrate on value investing.
It would also help if you were born into wealth. However, the greatest fortunes on this list began with solid ideas that were used to develop some of the world’s largest corporations by people with creativity, determination, and connections.