Jun 6, 2021
By: BI India BureauBernard Arnault is the chairman and CEO of Moët Hennessy Louis Vuitton (LVMH), the world’s leading luxury products group. This new addition to his wealth is credited to the increasing stocks of his European luxury companies.
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Adani’s rise through the ranks among the world’s biggest billionaires is mainly due to the massive upsurge in the stock prices of Adani Enterprises. Adani Green announced, in May, the acquisition of SB Energy India for $3.5 billion, marking it the largest acquisition in the renewable energy sector in the country.
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Dr. Miriam Adelson, widow of Las Vegas Sands’ chairman and CEO Sheldon Adelson, inherited most of his fortune and leaped to a net worth of $38.2 billion, making her the richest Israeli, the fifth-richest woman on the planet and 36th richest person in the world.
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He co-founded Google in 1998 with fellow Stanford Ph.D. student Sergey Brin. With him, Page invented Google's PageRank algorithm, which powers the search engine. He stepped down as CEO of Alphabet, the parent of Google, in December 2019, but remains a board member and a controlling shareholder.
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Sergey Brin stepped down as president of Alphabet, parent company of Google, in December 2019 but remains a controller shareholder and a board member. Brin is reportedly funding a high-tech airship project.
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The chairman and CEO of Berkshire Hathaway, known as the Oracle of Omaha, is one of the most successful investors of all time and owes his wealth to finding value in stock markets. Berkshire Hathaway owns 18.8 percent of American Express.
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ByteDance founder’s increase in fortune is all because of its subsidiary Tik Tok, the short video app, which is a rage. Its stocks went up since the pandemic began and Tik-Tok’s user base and popularity increased manifold.
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Facebook CEO Mark Zuckerberg is also making a big e-commerce push. This year, the social media giant's impressive growth even beat analyst expectations.
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Co-founder of Inditex, which is popularly known for its Zara fashion chain. He owns about 60 percent of Madrid-listed Inditex, which has 8 brands, including Massimo Dutti and Pull & Bear, and 7,500 stores around the world.
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The granddaughter of the founder of L'Oreal and the richest woman in the world. Bettencourt Meyers and her family own around 33 percent of L'Oreal stock. She has been on L'Oreal's board since 1997 and is chairwoman of the company.
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He is the chairman, chief technology officer and co-founder of software giant Oracle. He owns 35 percent stakes in the company. Ellison joined Tesla's board in December 2018, after purchasing 3 million Tesla shares. Oracle has grown in part through steady acquisitions of software companies
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Chairman of Kuehne Nagel International AG, Switzerland. He owns roughly 30 percent of shipping and logistics company Hapag-Lloyd, a holding he has steadily increased in recent years. His Kuehne Holding AG acquired 20 percent of VTG, a rail logistics company. Two years later, it sold the stake to Morgan Stanley Infrastructure.
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Founder of Microsoft, Gates is the eighth-largest shareholder in the software giant. His 103.4 million shares, valued at $26 billion, account for 1.3 percent of Microsoft's shares outstanding.
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The chairman and CEO of Dell Technologies, Dell's fortune lies in his private investment firm MSD Capital, which has stakes in hotels and restaurants. The estimated $60 billion Dell-EMC merger, which was finalized in 2016, was the largest technology acquisition ever.
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