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The 30 Richest People in the World
There’s been a huge fluctuation in the net worth of these billionaires in the past year. But, you can find out more about that below!
All the statistics given in this article in regard to individuals’ net worth estimates were originally sourced from Forbes Real-Time directly.
These are the top 30 richest people in the world in 2022:
5. Warren Buffett
- Age: 91
- Residence: Nebraska
- CEO: Berkshire Hathaway (BRK.A)
- Net Worth: $127 billion
- Berkshire Hathaway Ownership Stake: 16% ($126 billion)
- Other Assets: $1.15 billion in cash
The most famous living value investor, Warren Buffett filed his first tax return in 1944 at age 14, declaring earnings from his boyhood paper route. He first bought shares in a textile company called Berkshire Hathaway in 1962, becoming the majority shareholder by 1965. He expanded the company to insurance and other investments in 1967. Now Berkshire Hathaway is a $705 billion-dollar market cap company, with a single share of stock (Class A shares) trading at more than $527,760 as of April 1, 2022.
Widely known as the "Oracle of Omaha," Buffett is a buy-and-hold investor who built his fortune by acquiring undervalued companies. More recently, Berkshire Hathaway has invested in large, well-known companies. Its portfolio of wholly owned subsidiaries includes interests in insurance, energy distribution, and railroads as well as consumer products. Buffett is a noted Bitcoin skeptic.
Buffett has dedicated much of his wealth to philanthropy. Between 2006 and 2020, he gave away $41 billion—mostly to the Bill & Melinda Gates Foundation and his children’s charities. Buffett launched the Giving Pledge alongside Bill Gates in 2010.
Buffett, 91 years old, still serves as CEO, but in 2021 he hinted at who might be his successor—Gregory Abel. Abel is the head of Berkshire’s non-insurance operations.
6. Larry Page
Net Worth: $123.7 Billion
Larry Page is the co-founder of Google, which was founded back in a garage in 1998.
No doubt, Google has become the most successful search engine in the world, and the company has gone on to make various acquisitions such as YouTube. Google’s success has made Larry Page one of the richest people in the world.
As of 2022, Larry Page’s net worth is estimated to be $123.7 billion.
7. Sergey Brin
- Age: 48
- Residence: California
- Co-founder and Board Member: Alphabet (GOOG)
- Net Worth: $119 billion
- Alphabet Ownership Stake: 6% ($104.4 billion total)
- Other Assets: $15 billion in cash
Sergey Brin was born in Moscow, Russia, moving to the U.S. with his family as a 6-year-old in 1979. After co-founding Google with Larry Page in 1998, Brin became Google's president of technology when Eric Schmidt took over as CEO in 2001. He held the same post at the Alphabet holding company after it was established in 2015, stepping down in 2019 when Sundar Pichai took over as CEO.
In addition to its dominant internet search engine, Google offers a suite of online tools and services known as Google Workspace, which includes Gmail, Google Drive, Google Calendar, Google Meet, Google Chat, Google Docs, Google Sheets, Google Slides, and more. Google also offers a variety of electronic devices, including Pixel smartphones, computers, and tablets, Nest smart home devices, and Stadia gaming platform.
Brin spent much of 2019 focusing on X, Alphabet’s research laboratory responsible for innovative technologies like Waymo self-driving cars and Google Glass smart glasses. He has also donated millions of dollars to Parkinson’s disease research, partnering with The Michael J. Fox Foundation. Brin's wealth has grown by over 25% in the last year.
6. The Big Day
Marriages are made in heaven, but rich people’s marriages are made in some designer heaven I suppose. Because some alas level of show-sha is happening in it. And here to tell you about it is not one but two parts of this Netflix show called The Big Day.
The Big Day, as most of the other shows in this list, looks absolutely breathtaking, with so much outfit and wedding idea Inso that you’d probably want to get married a couple of times just to cover it all. But if you peel off those layers, the show has a very hollow messaging about modern Indian weddings and how they’ve been reduced to a spectacle, even as the wedding industry grows by leaps and bounds.
You’ll like it if like Geet from Jab We Met, tumhe bachpan se hi shaadi karne ka bada shauk hai, by God! Watch it for lavish weddings that put the extra in extravagant, and for all your Sabyasachi, Wedding Filmer and destination wedding dreams come true. But not for you. ‘Cos you poor, hun.
3. Gossip Girl
The Upper East Siders in this show were barely adults when we started, but they could’ve literally gotten away with murder (and they did) because of how their pockets and designer handbags were jingling with cash. There was insane amount of rich people shit going on in Gossip Girl, from the Bass industries turnover to Serena Van Der Woodsen’s covetous wardrobe to everyone flying only in private jets!
These people were so rich that they’d even forget that they had illegitimate children running around, and barely pinched their lifestyle even after the family’s matriarch turned over their fortunes to some random con artist. They made it all look so easy and fabulous, that even when it all got a little ridiculous (seriously Dan and Blair?) and made us feel like Lonely Boys and Girls without such fancy money, we had nothing but XOXO for Gossip Girl!
Going all-in on LVMH
Already a controlling shareholder in the French luxury goods company that owns Louis Vuitton, Arnault recently spent $538 million to further invest in the burgeoning LVMH stock.
The company’s share value increased steadily since March 2020.
No more “daily nagging”
Like his co-founder, Page also stepped down as a day-to-day Alphabet executive — in his case, CEO — in 2019.
In explaining their decision, the pair wrote a joint letter saying, “Today, in 2019, if the company was a person, it would be a young adult of 21 and it would be time to leave the roost … we believe it’s time to assume the role of proud parents – offering advice and love, but not daily nagging!”
Millionaires vs. the Middle Class
In The Top 10 Distinctions Between Millionaires and the Middle Class, Keith Cameron Smith also makes an attempt to delineate the difference between the rich and the rest of us.
His ten “distinctions” — in order of importance — are:
- Millionaires think long-term. The middle class thinks short-term.
- Millionaires talk about ideas. The middle class talks about things and people.
- Millionaires embrace change. The middle class is threatened by change.
- Millionaires take calculated risks. The middle class is afraid to take risks.
- Millionaires continually learn and grow. The middle class thinks learning ended with school.
- Millionaires work for profits. The middle class works for wages.
- Millionaires believe they must be generous. The middle class believes it can’t afford to give.
- Millionaires have multiple sources of income. The middle class has only one or two.
- Millionaires focus on increasing their wealth. The middle class focuses on increasing its paychecks.
- Millionaires ask themselves empowering questions. Middle-class people ask themselves disempowering questions.
Some of the items on Smith’s list seem to be derived from Eker’s philosophy. But although there are similarities, Eker’s list gives me warm fuzzies and Smith’s list doesn’t. I’m not sure why.
Maybe the difference is this: From my experience (and your experience may be different), Eker’s many distinctions hold true (at least in the U.S.). I’ve seen the differences he describes in my own life. But I’m not convinced that the differences Smith lists do hold up.
For instance, I know lots of poor people who talk about ideas rather than things and people, and many of the same folks embrace change. A lot of my friends love learning but they’re not millionaires. And haven’t we seen statistics that show, based on a percentage of income, poor people give more than the rich do?
There are differences between the mindsets of the rich and the poor, of this I’m sure. But I think they’re closer to Eker’s list than to Smith’s.
A Brief Rant Without taking anything away from personal responsibility (which you all know I think is vital to success), I’d like to suggest that both Eker and Smith are too quick to dismiss systemic causes of poverty. Perhaps neither of them knows what it’s like to be poor? Some of their observations make sense, but some seem to come from people who’ve lived lives of privilege.
“Rich people act in spite of fear,” Eker writes. “Poor people let fear stop them.” Why is that? Could it be that the rich can act in spite of fear because they have a safety net? Could it be that when you grow up poor, a scarcity mindset becomes so deeply ingrained that it’s almost impossible to shake? (That’s been my personal experience, by the way.)
There’s no question that wealth brings opportunities, both in the U.S. and in other countries. Those with money have more choices. The rich can take risks, and they’re often rewarded for taking them. (Thus, “the rich get richer”.) I have so many more options now than I ever did when I was a boy, when my family was poor. I think this element of “luck” is something ignored by both Eker and Smith (and many other people).
4 Wealthy Parents Cheat For Their Kids
In 2019, the authorities closed down a scam. Before the feds got wind of the crime, times were profitable. Parents paid a stiff bribe to guarantee a place at elite universities for their children. Altogether, nearly $6.5 million were paid to the scammers. Two of the parents caught with their hand in the cookie jar were actresses Lori Loughlin and Felicity Huffman.
Moral psychologists were not surprised. The wealthy often live through their children’s achievements. Additionally, the rich are increasingly experiencing class angst. More people are gaining access to their exclusive world and seeing the lower-income kids swarm elite institutions is a bitter pill to swallow.
Many elites believe they are better than everyone else. They deserve the first slice of the pie. This entitlement drives their unethical choices, which is then justified in some way. In the bribery case, the parents used the excuse that they were “helping” their child.
2 They Pay Less Attention To Others
Most people tend to feel invisible around the rich and powerful. As it turns out, this feeling is not their imagination. The upper class has a habit of ignoring those around them. More specifically, anyone who is beneath them socially and financially.
In 2016, scientists lied through their teeth to volunteers. In two separate experiments, they were told that they were either testing new technology or playing a memory game. The fibbing was necessary. They could hardly tell the richer volunteers that they were being studied for this unusual trait.
One group wore smart-glasses that recorded everything they saw. While being under the impression of testing the device, each volunteer walked down a street. The affluent ones spend less time looking at passersby from lower classes. Higher-class participants also struggled with the memory game because they failed to pay attention to images showing faces.
The upper crust might not realize how often they do this. Humans pay attention to threats or potential threats. To the elite, the lower classes are not a danger nor rewarding. In other words, nothing interesting to look at.