We, ordinary humans, are always fascinated by the lifestyle of the rich and famous. They live in a completely different world from ours, with hobbies, food, and experiences that they can only afford with money. So to satisfy our cravings for knowledge about the rich and powerful, here is a ranking of the top 5 richest people in the world.
Elon Musk ($240.7 billion)
Although he was dethroned from the top spot, Elon Musk has regained his standing as the richest man in the world. His Tesla and SpaceX and Twitter empire has earned him $240.7 billion in net worth. His pursuits in all the hard-earning industries like automobiles and the tech business help him keep the top spot in terms of wealth.
Bernard Arnault and Family ($231.4 billion)
Did you know that most luxury fashion brands that we know today are all owned by one parent company? That company is called LVMH and its overseer is Bernard Arnault and his family. Brands like Louis Vuitton, Sephora, Christian Dior, Givenchy, Hennessy, Marc Jacobs, Fendi, Loewe, Celine, and many others are all subsidiaries of LVMH. And when Elon Musk was experiencing a hard time with his companies, Bernard Arnault became the richest man in the world in his stead.
Jeff Bezos (154.9 billion)
Jeff Bezos of Amazon manages a worldwide empire of internet shipping, Amazon. Mr. Bezos became the first man to reach a net worth of $100 billion in 2018. But he was fast exceeded by Elon Musk thereafter.
Larry Ellison (146.1 billion)
The founder and owner of Oracle, a leader in Customer Relationship Management software, Larry Ellison, ranks next on the list of the richest people in the world. His invention was the first viable software that allows for streamlined customer relations communication.
Warren Buffett (117.4 billion)
Berskshire Hathaway Inc. is owned by Warren Buffett. Buffett is credited as one of the most brilliant men when it comes to investments. He built his investment empire using his knowledge from university. Then later in life, he switched to philanthropy and declared that he would be giving his entire earnings to charity.
These are the Top 5 richest people in the world
Feel poor yet? These five people have amassed wealth that we can only dream about in our lifetime. But a trend has come up and most of the people mentioned above are invested in many companies, but mostly in the tech industry.
Since the invention of the computer, we have come so far as a society. Developments in the tech industry are happening on a daily basis. These people who ranked in the top 5 richest people in the world knew where to put their money in the first place. Or they invented the software that makes everyday life better for all of us.
We can only hope that these billionaires will have the same values as Warren Buffett in distributing his money. After all, there are so many people in the world who don’t have much, while others have so much that they can spare.