These are the top 10 richest people on the planet [Infographic]

By:

The top 10 richest people on the planet have a combined net worth of $1.4 trillion.

For some context, that’s roughly the same size as Australia’s GDP.

Unfortunately there are no Australians in this list, but who are these ultra-wealthy individuals, and what’s the source of their wealth?

Here’s a look at the top 10 richest people on the planet, and how they’ve made their billions.

The 100 Billion Dollar Club Regular 1

Source: Visual Capitalist

Who’s in the $100 Billion Club?

Elon Musk is currently the richest of them all, with a total net worth of $198 billion.

That’s $60 billion more than the entire group’s average of $138 billion.

RankNameTotal Net WorthCountryIndustrySource of Wealth
1Elon Musk$198 BU.S.TechnologyTesla, Space X
2Jeff Bezos$194 BU.S.TechnologyAmazon
3Bernard Arnault$157 BFranceConsumerLVMH
4Bill Gates$149 BU.S.TechnologyMicrosoft
5Mark Zuckerberg$132 BU.S.TechnologyFacebook
6Larry Page$124 BU.S.TechnologyGoogle
7Sergey Brin$119 BU.S.TechnologyGoogle
8Steve Ballmer$105 BU.S.TechnologyMicrosoft
9Larry Ellison$100 BU.S.TechnologyOracle
10Warren Buffett$100 BU.S.DiversifiedBerkshire Hathaway

This is fairly unsurprising considering how well Tesla stock has been performing over recent years.

While many skeptics expect the Tesla bubble to burst eventually—including famous investor Michael Burry—so far, the car company’s value has continued to surge.

With a current market cap of $768 billion, Tesla’s worth more than the next six largest car manufacturers combined.

Musk took the top spot from Jeff Bezos, who just a few months ago, held the title as the world’s richest person.

However, it’s worth noting that things could change at the drop of a hat, since the pair are constantly neck and neck.

Third on the list is Bernard Arnault, CEO of the luxury brand conglomerate Louis Vuitton Moët Hennessy (LVMH), which owns Louis Vuitton, Dior, Fendi, Loro Piana, and Bulgari.

Arnault is the wealthiest person in Europe, and actually even became the wealthiest in the world for a brief stint in May.

The Money’s in Tech (and in the U.S.)

When looking at this ranking, there are two obvious trends:

  1. Most of these billionaires are in the tech industry, apart from Bernard Arnault and Warren Buffett
  2. All are men and located America, with the exception of Arnault

Considering America’s tech sector is only expected to grow in the coming years, it’s likely that American tech billionaires will continue their reign for the foreseeable future.

Source: Visual Capitalist

ALSO READ: The 25 Richest Countries in the World – Here’s Where Australia Sits [Infographic]

icon-podcast-large

Subscribe & don’t miss a single episode of Michael Yardney’s podcast

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

Need help listening to Michael Yardney’s podcast from your phone or tablet?

We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.

icon-email-large

Prefer to subscribe via email?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.


About

Robert Chandra is a Property Strategist at Metropole and has an intrinsic understanding of property markets backed by many years of real estate experience. This coupled with several degrees gives him a holistic perspective with which he can diagnose clients’ circumstances and goals and formulate strategies to bridge the gap.


'These are the top 10 richest people on the planet [Infographic]' have no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.
CAPTCHA Image

*


Copyright © Michael Yardney’s Property Investment Update Important Information
Content Marketing by GridConcepts