Top Ten Richest People In The World

Billionaires have a significant impact on global economics, politics, and philanthropy. According to Forbes, there will be 2,668 billionaires in the world in 2022. The wealthiest of them all is Bernard Arnault, co-founder and CEO of (LVMH), who became the richest person on earth in 2022. The people on this list are even more powerful and are a part of a much smaller circle. Many of the founders of the biggest names in the technology industry still own substantial portions of their businesses.

But, these billionaires can still borrow money against that fortune to avoid selling stock, postponing (or evading for heirs) taxes on unrealized capital gains in the process. Due to the variety of tax deductions available to multi-billionaires to offset reported income, several of the people on this list have recently avoided paying any income tax.

The wealthiest people’s net worth may change in step with market valuations because a large portion of their money is invested in publicly traded companies. According to the Bloomberg Billionaires Index, the following is the list of the top 10 richest people in 2022.

10. CARLOS SLIM

AGE: 83
DATE OF BIRTH: 28 January 1940
ZODIAC SIGN: Aquarius
RESIDENCE: Mexico
NATIONALITY: Mexican
TITLE: Owner of America Movil
OCCUPATIONS: Investor, Entrepreneur, Civil Engineer, Philanthropist, and Computer Scientist
NET WORTH: $85.7 billion
AMERICA MOVIL OWNERSHIP STAKE: Majority ($44.8 billion total)
OTHER ASSETS: Cash ($7.98 billion), Inmuebles Carso ($5.38 billion), Grupo Carso ($9.18 billion), Grupo Financiero ($7.88 billion)

The majority of Carlos Slim’s wealth comes from his ownership of the Mexico City-based telecommunications business America Movil. Additionally, he owns sizable shares in the banking and insurance firm Grupo Financiero as well as the holding business Grupo Carso. Many further publicly traded businesses are held as well.

Carlos Slim has lived in the same “modest” 6-bedroom house in Mexico City’s Lomas de Chapultepec neighborhood for more than 40 years; it is adjacent to his childhood home.

He runs stores in Mexico under American labels like Saks Fifth Avenue, Sears, and the Coffee Factory and owns over 20 retail facilities there, ten of which are in Mexico City.

One of the biggest private houses in all of Manhattan, the Duke Semans estate, also known as the Benjamin N. and Sarah Duke House, was bought by Slim in 2010 and is located on Fifth Avenue in New York City. The home, which cost an estimated $44 million to purchase, has eight stories and over 19,000 square feet, with 14 bathrooms and 12 bedrooms. On the National Register of Historic Places is where the property is listed. Slim sold the property for $80 million in 2015, roughly twice what he had bought for it just five years earlier.

According to rumors, Carlos Slim paid $140 million for the 11-story office building at 417 Fifth Avenue plus a portion of the former New York Times building on West 43rd Street.

Carlos Slim prefers to drive by himself, even in Mexico City’s congested traffic, in his own Mercedes 4×4, and he also has a beefed-up Chevy Suburban for rougher conditions. He also has a strong, uncommon Bentley Continental Flying Spur. Slim doesn’t fly on private jets, but he does occasionally take a commercial flight and occasionally flies in a Telmex chopper.

9. STEVE BALLMER

AGE: 67
DATE OF BIRTH: March 24, 1956
ZODIAC SIGN: Aries
RESIDENCE: Washington
NATIONALITY: American
TITLE: Owner of Los Angeles Clippers
KNOWN FOR: Former CEO of Microsoft
OCCUPATIONS: Investor, Entrepreneur, and Computer Scientist
NET WORTH: $86.3 billion
MICROSOFT OWNERSHIP STAKE: 4% ($76.8 billion total)
OTHER ASSETS: Los Angeles Clippers ($3.73 billion private asset), $5.73 billion in cash

Steve Ballmer is the ninth richest man in the list of top 10 richest people in 2022 with a net worth of $86.3 billion. After being persuaded by Bill Gates to withdraw from Stanford University’s MBA program, Steve Ballmer joined Microsoft in 1980. He was the 30th employee of Microsoft. In 2000, Ballmer succeeded Gates as the CEO of Microsoft. He held the position up until his resignation in 2014. In 2011, Ballmer oversaw Microsoft’s $8.5 billion purchase of Skype.

Ballmer is Microsoft’s top individual stakeholder with an estimated 4% ownership stake. 2014 saw Ballmer pay $2 billion for the Los Angeles Clippers basketball team, just a few months after he left his position as CEO of Microsoft.

When they were both Harvard students, Bill Gates and Steve Ballmer lived together in the same dorm and room. When Ballmer began pushing the tech corporation into hardware during his time as CEO, such as the Surface tablet and the Windows mobile phone, their close bond as brothers became strained.

Although Ballmer’s waterfront residence is nice, it is nothing in comparison to the 12,200 square-foot English manor that is right next door. Formerly owned by Kenny G, the home was bought by software billionaire Craig McCaw in 1999. It was said to have sold for around $26 million.

On the island, which is situated at the northernmost point of Puget Sound in Washington, Ballmer and his wife Connie own ten parcels. Their largest property is 10 acres in size. Ballmer sold a beach property on the island for a modest $169,500 last summer.

The Wall Street Journal claims that Ballmer drives a Ford as a homage to his father, a manager at the Detroit-based Ford Motor Company.

8. LARRY PAGE

AGE: 50
DATE OF BIRTH: March 26, 1973
ZODIAC SIGN: Aries
RESIDENCE: California
NATIONALITY: American
TITLE: Co-founder, and Board Member of Alphabet (GOOGLE)
OCCUPATIONS: Businessperson, Entrepreneur, Internet Entrepreneur, and Computer Scientist
NET WORTH: $88.8 billion
ALPHABET OWNERSHIP STAKE: 6% ($74.8 billion total)
OTHER ASSETS: $14 billion in cash

Like to a number of the other software billionaires on this list of top 10 richest people in 2022, Larry Page started his journey to notoriety and riches in a college dorm room. While both were Stanford University undergraduates in 1995, Page and his friend Sergey Brin conceived the idea for improving Internet data extraction. Because it could assess links to a page, the two created a brand-new search engine technology they termed Backrub. In 1998, Page and Brin established Google from there. From 1998 to 2001 and again from 2011 to 2019, Page served as the company’s CEO.

Google is the most widely used search engine in the world, accounting for more than 92% of all Internet searches worldwide. In 2006, the company acquired YouTube, the most well-known website for user-submitted videos.

In 2008, Google released the Android smartphone operating system after acquiring Android in 2005. Google underwent a restructuring in 2015 and changed to becoming a part of the parent company Alphabet.

In 2005, Larry made his first real estate acquisition, paying $7.2 million for a house in Palo Alto, California. Up until 1941, Pedro de Lemos of the Bay Area owned the house. The salvaged church materials were used to construct the Spanish-style home. Spanning across 6,000 sq. ft of land, it offers four bedrooms and a rooftop solar panel. Page started buying nearby homes in 2009 with the intention of developing a complex in the neighborhood.

Page owns the magnificent 60-meter superyacht Senses, which was purchased in 2011. Sir Douglas Myers, a New Zealand industrialist, sold him the yacht. Senses is created by Philippe Starck and can accommodate 12 passengers onboard simultaneously. It has three high-speed tenders, a jet board, and six wave runners.

In addition to Eric Schmidt, the co-founder of Google, Larry Page also has a fleet of eight private aircraft. The co-founders spent an additional $10 million to renovate their first private plane so that it could carry 50 people after purchasing it for $15 million in 2005. A Boeing 757, two Gulfstream Vs, and a private Dornier Alpha are all part of its fleet. In addition to owning aircraft, Page is a co-owner of a private terminal at the San Jose International Airport that was constructed in 2013 for an estimated $82 million.

Page, an acquaintance of Elon Musk, was strongly persuaded to buy a Tesla Roadster. The $200,000 vehicle has a 620-mile range and accelerates from 0 to 60 MPH in under 1.9 seconds. According to CNBC, Page still travels to the Google headquarters in a navy blue, $39,920 Toyota Prius.

7. LARRY ELLISON

AGE: 79
DATE OF BIRTH: August 17, 1944
ZODIAC SIGN: Leo
RESIDENCE: Hawaii
NATIONALITY: American
TITLE: Co-founder, Chair, and CTO of Oracle
OCCUPATIONS: Businessperson, Entrepreneur, Investor, and Computer Scientist
NET WORTH: $100 billion
ORACLE OWNERSHIP STAKE: 40%+ ($75.2 billion)
OTHER ASSETS: Tesla equity ($6.5 billion public asset), $18 billion in cash

Larry Ellison has a net worth of $100 billion making him the seventh richest man in the list of the top 10 richest people in 2022. A 19-year-old single woman gave birth to Larry Ellison in New York. In 1966, Ellison left the University of Chicago and relocated to California, where he worked as a computer programmer. He started working for Ampex in 1973 when he met future business partners Ed Oates and Bob Miner. Three years later, Ellison changed jobs and became vice president of research and development at Precision Instruments.

In 1977, Ellison founded Software Development Laboratories along with Oates and Miner. The company released Oracle, the first commercial relational database tool to use Structured Query Language, two years later. SDL became Oracle Systems Corporation in 1982 as a result of the database program’s success. After 37 years, Ellison retired as Oracle’s CEO in 2014. In December 2018 he was appointed to the Tesla board, and he resigned in June 2022. The second-largest software company in the world, Oracle provides a variety of Linux and Java code, as well as the Oracle Exadata processing platform, for use with cloud computing.

Larry Ellison owns multiple private aircraft, not just one. He owns several pricey aircraft and holds a commercial pilot’s license. The first is a Gulfstream G650 private plane, for which he paid $75 million in 2015. Ellison owns the firm Wing and a Prayer Inc., which is the registered owner of the 14-passenger airplane.

Ellison owns a Bombardier Global Express that he purchased in 2000, along with a Cessna 525 Citation, a 2008-built Bombardier Global Express, a 2013-built Bombardier Challenger, and a 2008-built Bombardier Global Express. At least two military jets are also his property. Ellison also has additional smaller, non-jet-registered aircraft.

Ellison, a devoted yacht racer, once owned the Rising Sun, a 453-foot-long vessel that ranked as the world’s 12th-largest yacht. Before downsizing to the Musashi, a 288-foot yacht that ranks as the 79th largest yacht in the world, he sold the Rising Sun to music and entertainment billionaire David Geffen.

Worldwide, Larry Ellison has a large number of residences. His most renowned houses include Japanese-styled estates in Woodside, San Francisco, Malibu, and Rancho Mirage in California, which features a private golf course named Porcupine Creek. The houses are priced from $48 million to $400 million.

For $42.9 million, Ellison recently acquired 98 percent of the Hawaiian island of Lanai. By expanding the island’s resorts and enhancing its sustainable farming, he is transforming it into an eco-friendly experiment.

6. WARREN BUFFETT

AGE: 93
DATE OF BIRTH: August 30, 1930
ZODIAC SIGN: Virgo
RESIDENCE: Nebraska
NATIONALITY: American
TITLE: CEO of Berkshire Hathaway
OCCUPATIONS: Business Magnate, Entrepreneur, Investor, and Philanthropist
NET WORTH: $108 billion
BERKSHIRE HATHAWAY OWNERSHIP STAKE: 14% ($107 billion)
OTHER ASSETS: $1.13 billion in cash

Warren Buffett, the most well-known living value investor, filed his first tax return in 1944 when he was 14 years old, disclosing revenues from his childhood paper route. In 1962, he made his first investment in Berkshire Hathaway, a textile business, and by 1965, he had acquired the majority of the company’s shares. To the company’s holdings, In 1967, Buffett added insurance and other businesses.

Buffett, a buy-and-hold investor widely referred to as the Oracle of Omaha, made his fortune by purchasing undervalued businesses. Berkshire Hathaway has recently made investments in well-known, large corporations. In addition to consumer goods, its portfolio of fully owned companies also includes investments in the railroads, energy distribution, and insurance industries.

He still resides in the 6,570-square-foot stucco home in Omaha, Nebraska that he purchased in 1958 for just $31,500. According to research company Wealth-X, the five-bedroom, 2.5-bathroom Omaha property is worth $1 million, the company informed CNBC Make It in August 2020.

Buffett did, however, once possess a second home. The millionaire paid $150,000 (or around $976,500 in today’s values) for a beachfront mansion in Laguna Beach, California, in 1971, and he sold it for $7.5 million in 2018. Six bedrooms, seven bathrooms, and various terraces with views of the Pacific Ocean were included in the 3,600-square-foot Emerald Bay home.

The millionaire invested in a brand-new Cadillac XTS in 2014, a luxury car with a starting MSRP of about $46,000. Buffett actually upgraded from a 2006 Cadillac DTS after his daughter Susie persuaded him that driving an older vehicle was “embarrassing.”

Buffett claimed in 2012 that his jet was “the only thing I do that costs a lot of money.” Buffett purchased a Bombardier Challenger 600, a high-end aircraft that can cost up to $32 million, more than 20 years ago. He later dubbed the aircraft “The Indispensable.”

Then, in 1998, Buffett’s Berkshire Hathaway purchased NetJets, a company that lets customers purchase shares of private aircraft for shared use. Buffett uses NetJets as well, and Wealth-X lists a “fractional ownership” in a Cessna Citation XLS business aircraft among his possessions. The research group estimates that Buffett owns a $700,000 investment in that aircraft. (The total cost of a new Cessna Citation XLS can reach $13 million.)

5. BILL GATES

AGE: 68
DATE OF BIRTH: October 28, 1955
ZODIAC SIGN: Scorpio
RESIDENCE: Washington
NATIONALITY: American
TITLE: Co-founder of Microsoft
OCCUPATIONS: Business Magnate, Author, Investor, and Philanthropist
NET WORTH: $118 billion
MICROSOFT OWNERSHIP STAKE:4% ($24.8 billion)
OTHER ASSETS: $57.2 billion in cash and billions over multiple other companies

Bill Gates has a net worth of $118 billion and is the fifth number in the list of the top 10 richest people in 2022. Bill Gates collaborated with his childhood friend Paul Allen to develop new software for the first microcomputers in 1975 when they were both still Harvard students. After this project was a success, Gates left Harvard in his junior year and joined Allen in founding Microsoft. The largest software company in the world, Microsoft, also produces a line of personal computers, provides email services through its Exchange server, and sells video game consoles and associated gaming equipment. Recent investments in cloud services totaled large sums.

A large portion of Bill Gates’s wealth is held via Cascade Investment LLC. Canadian National Railway (CNR), Deere (DE), and Republic Services are a few of the companies owned by Cascade (RSG). In addition, it has private investments in both energy and real estate.

Xanadu 2.0, Gates’ house in the Seattle region, is an oceanfront lodge with over 66,000 square feet and over 500 feet of private shoreline on Lake Washington. The mansion has the most cutting-edge equipment to match its six kitchens, 24 baths, and six fireplaces. The majority of amenities, including the follow-you-around lighting and music, are computer-controlled. A $1.04 million tax assessment for the property in 2019 indicates an estimated assessed value of $131.14 million at a 0.793% property tax rate.

In 2013, Gates started accumulating real estate in Wellington, Florida, which is regarded as the world’s winter equestrian center. He began by paying $8.7 million for a four-bedroom home and horse ranch.

He acquired the adjacent parcels in 2016, combining five properties for $35.87 million. In 2019, he invested an additional $21 million in a horse farm, increasing his total expenditures for a 30-acre complex to $59 million. Award-winning equestrian Jennifer Gates is his daughter.

Moreover, Grand Bogue Caye, the largest island in Belize and a 314-acre island, is thought to be owned by Gates. There are pristine beaches, a lot of marine life, and great diving on Grand Bogue Caye. According to rumors, Gates paid more than $25 million for the island.

Through Challenger Administration LLC, he appeared to own two Bombardier BD 700 Global Express aircraft as of 2018 in addition to a Cessna 208. Moreover, Gates has held a small portion of at least one NetJets aircraft through his membership in the airline.

Also, he enjoys a nice set of wheels and has always been a Porsche lover. In 1979, Gates purchased a Porsche 911. Later, he also acquired a rare Porsche 959 and a Porsche 930 Turbo. His most recent acquisition was the all-electric Porsche Taycan, which sparked a Twitter argument with Tesla CEO Elon Musk. Just about 337 Porsche 959s were ever produced, and they are extremely uncommon and troubled vehicles. Gates is rumored to also drive a Ferrari 348 and a Jaguar XJ6. His first Porsche brought $80,000 when it was auctioned off.

4. GAUTAM ADANI

AGE: 61
DATE OF BIRTH: 24 June 1962
ZODIAC SIGN: Cancer
RESIDENCE: Gurgaon, India
NATIONALITY: Indian
TITLE: Founder and Chair of Adani Group
OCCUPATIONS: Philanthropist, Businessperson, Industrialist
NET WORTH: $113 billion
ADANI ENTERPRISES, ADANI POWER, AND ADANI TRANSMISSIONS OWNERSHIP STAKE: 10% ($96.5 billion)
OTHER ASSETS: 66% of Adani Ports & Special Economic Zone ($10 billion public asset), 61% of Adani Green Energy ($21 billion public asset), 37% of Adani Total Gas ($18.5 billion public asset)

Adani founded Adani Enterprises in 1988 to import and sell goods. His business received authorization in 1994 to build a harbor facility at Mundra Port, which is now India’s biggest private port.

Adani previously worked in the diamond sector and dropped out of college early. The largest port operator, producer of privately held thermal coal, and coal trader in India right now is Adani. He bought a 74% ownership in Mumbai’s Chhatrapati Shivaji International Airport, the second busiest airport in India, in 2020.

According to the article, the Adani Group acquired Aditya Estates, a company that owned upscale residential property, through bankruptcy proceedings. According to NDTV, the New Delhi home is close to Mandi House. The total value of the agreement, which was finalized in 2020, was about $52 million. The house was described as “excellent residential property” and was located on 1.8 hectares (3.4 acres).

Adani has three private jets at his disposal to ensure the security of his means of transportation. India Times claims that Adani is the owner of a Beechcraft, Hawker, and Bombardier.

He has advanced in society and now has access to a variety of high-end vehicles, such as a BMW 7 Series, Rolls-Royce Ghost, and Ferrari California.

3. JEFF BEZOS

AGE: 59
DATE OF BIRTH: January 12, 1964
ZODIAC SIGN: Capricorn
RESIDENCE: Washington
NATIONALITY: American
TITLE: Founder and Executive Chair of Amazon
OCCUPATIONS: Entrepreneur, Investor, Businessperson, Computer Scientist, Media proprietor
NET WORTH: $120 billion
AMAZON OWNERSHIP STAKE: 10% ($96.5 billion)
OTHER ASSETS: Blue Origin ($9.15 billion private asset), The Washington Post ($250 million private asset), and $14.6 billion in cash

Jeff Bezos has a net worth of $120 billion and comes at #3 in our list of the top 10 richest people in 2022. Before surrendering 4% to his ex-wife, MacKenzie Scott, as part of their divorce procedures, Bezos controlled as much as 16% of Amazon in 2019. Because of the COVID-19 pandemic’s increased desire for online shopping, Amazon’s share price increased by 76% in 2020. On July 5, 2021, Bezos stepped down from his position as the e-commerce giant’s CEO and assumed the executive chair of the business.

In 1997, Bezos made Amazon open to the general public for the first time, and in 1999, he passed Bill Gates to become the first person to have a net worth of $100 billion. The aerospace firm Blue Origin, The Washington Post (which he acquired in 2013), and the 10,000-year clock, commonly referred to as the Long Now, are among Bezos’ other endeavors.

A wristwatch by upscale Swiss watchmaker Ulysse Nardin that sells for between $8,000 and $12,000 is another expensive personal timepiece that Jeff Bezos owns. The “Dual Time” edition of this magnificent piece of jewelry can show the time in two time zones. For the jet set crowd, this functionality is useful.

Bezos is an In Medina, Washington, not far from Amazon’s Seattle headquarters, there is one estate with two homes on 5.3 acres (2.1 hectares) of property. In Beverly Hills, California, Bezos also owns a house in the Spanish style. His Blue Origin space exploration enterprise is based out of a ranch he also owns in Van Horn, Texas. In 2016, Bezos invested in a 27,000-square-foot (2,500 square meters) townhouse in Washington. Last but not least, Bezos owns three condos in Manhattan’s Century skyscraper at 25 Central Park West.

He continued to operate a Honda Accord as recently as 2013, according to the book The Everything Store. Bezos also has a Gulfstream G650ER private aircraft worth US$65 million, though.

2. ELON MUSK

AGE: 52
DATE OF BIRTH: June 28, 1971
ZODIAC SIGN: Cancer
RESIDENCE: Texas
NATIONALITY: American/Canadian/South African
TITLE: Co-founder and CEO of Tesla
OCCUPATIONS: Entrepreneur, Investor, Businessperson, Technician, Industrial designer, Technologist, and Film producer.
NET WORTH: $146 billion
TESLA OWNERSHIP STAKE: 13% ($51.5 billion)
OTHER ASSETS: Space Exploration Technologies ($48.9 billion private asset), Twitter ($11.6 billion private asset), The Boring Company ($3.33 billion private asset),

Elon Musk is the second-richest person on the list of the top 10 richest people in 2022. He was raised in Canada and South Africa before enrolling in the University of Pennsylvania, where he graduated with bachelor’s degrees in physics and economics. Musk postponed attending Stanford University’s graduate physics program two days after enrolling in order to establish Zip2, one of the first internet navigation services. He invested some of the startup’s profits to create X.com, an online payment system eventually acquired by eBay (EBAY) and rebranded as PayPal Holdings (PYPL).

Musk’s present position as CEO of the electric vehicle company was made possible by his role as a major investor in Tesla Motors (now Tesla) in 2004. In addition to its selection of electric vehicles, Tesla also produces solar power systems, automobile accessories, and energy storage systems as a result of its 2016 acquisition of SolarCity. Musk is also the founder and CEO of SpaceX, a company that produces rockets for space launches.

On November 6, 2021, Musk tweeted a question posing the question of whether he should sell 10% of his Tesla stock in response to criticism of the use of unrealized capital gains as a tax avoidance strategy. He sold shares for a total of $16.4 billion throughout the course of the rest of 2021.

In April 2022, Musk began a campaign to buy out Twitter, which led to a $44 billion transaction. Musk planned to contribute $21 billion of his own funds to the deal. Musk sold 9.6 million Tesla shares in the period leading up to the takeover announcement, for a total estimated value of $8.5 billion.

In July 2022, Musk decided not to go through with the acquisition of Twitter. In an effort to secure the purchase, Twitter sued Musk. After countersuing the company, Musk later indicated he was still willing to buy Twitter. He officially completed the transaction in October 2022, giving him a nearly 80% ownership stake in the company.

Musk reportedly listed several properties, including a 47-acre estate in Hillsborough, California, a costly area in the San Francisco Bay Area, after tweeting in early May that he intended to sell off almost all of his material goods and “own no house.” The asking price for that property, which includes a 1916 home with 10 bedrooms and a Mediterranean design, is about $35 million.

According to Wealth-assessments X’s of Musk’s assets, the multibillionaire still possesses at least four properties in the Los Angeles region, with a total value of close to $40 million. According to the research company, they include a 1,540-square-foot property worth $850,000 and a 33,976-square-foot house worth $5 million.

The CEO of an electric automobile naturally has a few unique vehicles. Musk spent about $1 million buying a rare 1976 Lotus Esprit sports automobile that was utilized in the making of the 1977 James Bond movie “The Spy Who Loved Me” at a 2013 Sotheby’s auction. Along with the 1920 Ford Model T, which Musk claims were a gift from a friend, Musk is also said to own a 1967 Jaguar Series 1 E-type Roadster.

Although he had owned anything from a 1978 BMW 320i (his first automobile) to a McLaren F1, a rare sports car that Musk claims he crashed in 2000 after purchasing it for $1 million, Musk said in 2017 that those two vehicles were the only two gasoline-powered vehicles he owned. Musk claimed on Twitter in July 2019 that he primarily uses Tesla’s Model S Performance car. Additionally, the multi-billionaire has been seen touring southern California in Tesla’s brand-new Cybertruck.

1. BERNARD ARNAULT

AGE: 74
DATE OF BIRTH: 5 March 1949
ZODIAC SIGN: Pisces
RESIDENCE: Paris
NATIONALITY: French
TITLE: Chairman and CEO, Christian Dior SE, LVMH Chairman
OCCUPATIONS: Business magnate, Art collector, Media proprietor
NET WORTH: $190 billion
CHRISTIAN DIOR OWNERSHIP STAKE:5% ($151 billion total)
OTHER ASSETS: Moelis & Company equity ($28.6 billion public asset) and $11 billion in cash

Frenchman Bernard Arnault is the chairman and CEO of LVMH, the largest producer of luxury goods in the world. He is worth $190 billion in total. LVMH brands include Marc Jacobs, Hennessy, Sephora, Louis Vuitton, and others. The majority of Arnault’s wealth comes from his sizeable position in Christian Dior SE, the holding company that owns 41.2% of LVMH. With the holding company run by his family, Groupe Familial Arnault, he holds shares in Christian Dior SE and 6.2% of LVMH.

Bernard Arnault, the richest man in the world, has amassed a number of the most priceless goods that money can purchase. He purchased the upscale Dutch yacht builder Royal Van Lent and the British boat company Princess Yachts International in 2008. He is the yacht Symphony’s owner. Amadeus is a superyacht he had owned since 1969 which was sold in 2015.

Arnault travels the world in grandeur by air as well as water. He reportedly spent USD 40 million on his Dassault Falcon 7X private plane. Moreover, Arnault’s fleet includes a Bombardier Global 7500, an ultra-long-range aircraft. Also, he had previously owned a Bombardier Global Express 6000.

Arnault has a 135-acre private island in the Bahamas. The place in the Caribbean is known as Indigo Isle. It isn’t known for sure if Arnault uses Symphony to cross the water to his own island.

The home of LVMH’s proprietor is located in Paris, where the company is headquartered. He is said to have spent 96 million dollars on residential real estate in the affluent Los Angeles neighborhoods of Beverly Hills, Trousdale Estates, and Hollywood Hills.

Yet his chateau-style residence on the French Riviera finest exemplifies his status as the world’s richest person. The massive house contains a theatre, an outdoor pool, a tennis court, and a lot of bedrooms.

CONCLUSION

Above we discussed the top 10 richest people in 2022. If you want to come close to being one of the wealthiest billionaires, you might need to hone your skills in technology or high-end retail. Alternatively, you might keep things simple and emphasize value investment.

To build some of the biggest organizations in the world, people with inspiration, grit, and connections leveraged some of the greatest fortunes on this list to start with solid ideas. Also, it wouldn’t hurt to be wealthy by birth.