Top 10 winners list billionaires Forbes 2022 includes some familiar names, crypto entrepreneur and Latin American telecom tycoon Carlos Slim.
Amid tumbling stock markets, Russia’s war on Ukraine and the ongoing COVID-19 pandemic, the collective wealth of the world’s billionaires has shrunk by $400 billion since last year, according to a Forbes list. But not everyone had a difficult year.
Just ask Elon Musk, whose fortune has grown by $68 billion from a list billionaires of the world in 2021, to an estimated 219 billion, making him the richest person in the world, the first time he topped the annual Forbes ranking. Musk’s biggest fortune comes even after he sold $16 billion worth of Tesla shares at the end of 2021 and paid taxes on his capital gains, as a result of the stock price’s soaring over the past year. It’s the biggest winner, in dollar terms, this year.
The popularity of cryptocurrency buying and selling partially fueled the rise of the second largest gainer. Changpeng Zhao, better known as CZ, co-founded crypto exchange Binance and is valued at $65 billion, or $63.1 billion more than last year. That’s a big jump, but in part because Forbes obtained new information about CZ’s stake in Binance (at least 70%, according to sources, although the company would not comment), along with a much higher revenue estimate. Higher like Binance transaction volume has increased dramatically.
Read: Billionaires 2020: Crypto Millionaire Crypto Binance Climbs In The World’s 20 Richest List
Other big winners range from Indian infrastructure mogul Gautam Adani to Mexican telecom tycoon Carlos Slim Helu and the co-founders of Google.
Forbes calculated the list of billionaires’ fortunes for 2022 using stock prices and currency exchange rates as of March 11, 2022. Net wealth can change dramatically in days or even hours.
Here are the top 10 billionaires With the highest profits over the past year:
- Elon Musk
Net worth: $219 billion
Profit since April 2021: 68 billion
Source of wealth: Tesla and SpaceX
Country: United States of America
The rocket and electric car entrepreneur’s fortune grew by $68 billion last year. This followed a $126 billion increase between the world’s billionaires lists for 2020 and 2021. In early 2022, Musk’s fortune briefly exceeded $300 billion, dropping to $219 billion for Forbes’ 2022 list. That was still enough to make him the richest person. In the world. - Changping Zhao
Net worth: 65 billion
Profit since April 2021: 63.1 billion
Source of wealth: cryptocurrency exchange
Country: Canada
Known as CZ, Changpeng Zhao is the CEO of Binance, the world’s largest cryptocurrency exchange, of which he owns nearly 70%. Zhao’s net worth increased last year due to new information about his participation and the success of the exchange. Zhao announced in January that Binance plans to spend $200 million to acquire a minority stake in Forbes through the SPAC deal. - Gautam Adani
Net worth: 90 billion
Profit since April 2021: 39.5 billion
Source of wealth: Infrastructure
India
With the shares of six publicly listed companies outperforming the engineering index in 2021, Adani’s net worth has risen by more than $39 billion, making him the 11th richest person in the world and the second richest person in Asia, after fellow Indian Mukesh Ambani. Chairman of the Adani Group, Adani has companies involved in power generation, coal and real estate. India’s largest private port operator, Adani Group, owns 74% of Mumbai International Airport. - Rodolfo Saade and his family
Net worth: 41.4 billion
Profit since April 2021: 30.5 billion
Source of wealth: Shipping
France
Saada’s fortune has increased due to increased demand from freight logistics company CMA CGM, a private company in which he and his family own a 73% stake. The increase in the value of the company makes Saadi the third richest person in France. - Michael Bloomberg
Net worth: 82 billion
Profit since April 2021: 23 billion
Source of wealth: Bloomberg
Country: United States of America
The former New York mayor’s net worth is up nearly 40% from a year ago as the estimated income of his media and financial information company, Bloomberg LP, rose. owns 88%. - Steve Ballmer
Net worth: 91.4 billion
Profit since April 2021: 22.7 billion
Source of wealth: Microsoft
Country: United States of America
The former Microsoft CEO-turned-owner of the Los Angeles Clippers saw his fortune grow by a third last year, largely due to a 32% increase in the value of Microsoft stock. The value of the NBA team also increased by 17% to $3.3 billion. - crowded buffet
Net worth: 118 billion
Profit since April 2021: 22 billion
Source of wealth: Berkshire Hathaway Company
Country: United States of America
Despite donating about $4 billion to the Bill & Melinda Gates Foundation and four other foundations as of mid-2021, Buffett’s fortune has increased nearly 23% in the past year. His conglomerate Berkshire Hathaway was worth $700 billion in the market in January and has continued to climb. - i see page
Net worth: 111 billion
Profit since April 2021: 19.5 billion
Source of wealth: Google
Country: United States of America
The founder of Google is the sixth richest person in the world. In 2021, Page sold shares of Google subsidiary Alphabet for the first time since 2017. Shares are up more than 26% last year. - Carlos Slim Helu
Net worth: 81.2 billion
Profit since April 2021: 18.4 billion
Source of wealth: Communication
Country: Mexico
The richest person in Mexico, who rose and was included in the Forbes list of billionaires for many years, is now the 13th richest person in the world. The billionaire is now $18.4 billion richer than a year ago after a 42% rise in shares of Latin American telecom company América Móvil. Slim sold his 10% stake in The New York Times In late 2020, when the stock was trading at more than $40 per share. He had exercised orders for these shares in 2015 at more than $6 each. - Sergey Brin
Net worth: 107 billion
Gain since April 2021: 18 billion
Source of wealth: Google
Country: United States of America
The Google co-founder is funding the development of zero-emissions aircraft. Like Larry Page, Alphabet stock began selling in 2021 after a three-year hiatus. The $18 billion increase in Brin’s net worth was driven by an increase in the value of Alphabet’s stock. It follows a profit of nearly 40 billion between the Forbes lists for the years 2020 and 2021.
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