Arnault overtakes Bezos — Top 10 richest people in the world according to Forbes as of May 24, 2021

May 24, 2021

By: Vaamanaa Sethi

Bernard Arnault — Chairman and chief executive officer (CEO) of Louis Vuitton (LVMH)

World Rank: 1 | Arnault and family’s net worth: $186.2 billion | Country: France | He bought American jeweller Tiffany and Co. for $15.8 billion in 2021, the biggest luxury brand acquisition ever.

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Jeff Bezos — Founder of Amazon

World Rank: 2 | Net Worth: $186 billion | Country: United States | Bezos also owns the American newspaper ‘The Washington Post’ in 2013 for $250 million.

Credit: Wikipedia

Elon Musk — Founder and CEO of SpaceX and Tesla

World Rank: 3 | Net Worth: $147.3 billion | Country: United States | Co-founded online bank X.com, now known as PayPal. Musk owns 21 percent of electric car firm Tesla, but has pledged more than half his stake as collateral for loans.

Credit: Wikipedia

Bill Gates — Co-founder of Microsoft

World Rank: 4 | Net Worth: $125.5 billion | Country: United States | One of the best known pioneers of the software revolution. He is also co-founder of Bill and Melinda Gates Foundation, the world’s largest private charity.

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Mark Zuckerberg — Co-founder and chairman of Facebook

World Rank: 5 | Net Worth: $114.7 billion | Country: United States | In 2003, at the age of 23, he became the world’s youngest self-made billionaire as he launched the social networking giant.

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Warren Buffett — Chairman and CEO of Berkshire Hathaway

World Rank: 6 | Net Worth: $108.7 billion | Country: United States | Known as one of the most successful investors in the world, Buffett has promised to give away 99 percent of his fortune to philanthropic causes.

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Larry Ellison — Co-founder of Oracle Corporation

World Rank: 7 | Net Worth: $102.3 billion | Country: United States | He also owns the 41st largest island of the US, Lanai and Hawaiian islands

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Larry Page — Co-founder of Google

World Rank: 8 | Net Worth: $100.2 billion | Country: United States | He served as CEO of Alphabet Inc. from April 2011 to July 2015. He continues to be Alphabet Inc’s board member, employee and controlling shareholder.

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Sergey Brin — Co-founder of Google

World Rank: 9 | Net Worth: $97.1 billion | Country: United States | He was the president of Alphabet Inc. until 2019 and continues to be Alphabet Inc’s board member, employee and controlling shareholder.

Credit: Business-Insider

Amancio Ortega — Founder of Zara

World Rank: 10 | Net Worth: $88.9 billion | Country: Spain | He is the second wealthiest man in Europe after Bernard Arnault. For a brief period in 2015, he was the richest man in the world surpassing Bill Gates as Zara’s parent company Inditex stocks peaked.

Credit: Wikipedia

Anand Rathi aims to double its assets under management in the next 3-5 years, says MD Amit Rathi