The top 6 Billionaires in the world

Elon Musk’s net worth has presently passed $185bn (£136bn)
On 7 January 2021, it was confirmed that Tesla chief Elon Musk is the richest person on the planet.

The Spacex entrepreneur surpassed Amazon founder Jeff Bezos, who had held the title of the world’s richest person since 2017.

But how much does Musk earn, and who are the nine other wealthiest people in the world? Here is the line up and how they earned their billions.

1. Elon Musk

$186Bn (£136Bn)

The Tesla founder has added his wealth by 548% in the past year, somewhat thanks to the US election.

The Democratic party led by Joe Biden is required to initiate a new green energy policy which would see the purchase of his electric cars soar.

Musk’s shares in Tesla added  by 4.8% on the morning of 7 January, according to Bloomberg’s Billionaire Index.

This was sufficient to push him into first place, ahead of Amazon chief Jeff Bezos.

Musk is presently worth £1.5 billion more than Bezos, who had held the title since 2017.

Tesla’s top man tweeted in reference to the announcement: “how strange” followed by “back to work”.

He later added: “You should ask why I would need money. The purpose is not what you think. Very little time for leisure. Don’t have vacation homes or yachts or anything like that.”

He explained: “About half my wealth is intended to help problems on Earth & half to help create a self-sustaining city on Mars to ensure continuation of life (of all species) in case Earth gets hit by a meteor like the dinosaurs or WW3 happens & we destroy ourselves.” (how optimistic)

2. Jeff Bezos

$184Bn (£135Bn)

Founder, CEO, and president of the multinational technology company Amazon, Jeff Bezos was the wealthiest person for three years, after surpassing Bill Gates in 2017.

However, his divorce compensation in 2019 saw him separate with £38 billion.

This wasn’t enough to blow him off the top spot, however, with Amazon taking advantage of the lockdown of industries and shops in many countries, including the UK and USA.

Amazon reinvests money into businesses on its site, enabling for it to unfailingly lower prices as a means of fighting off competition.

Bezos famously said of his business approach: “You have to be willing to be misunderstood if you’re getting on to innovate.”

3. Bill Gates

$123Bn (£97Bn)

The Microsoft co-founder was almost always the wealthiest man in the world from 1995 to 2017 - overtaken only in 1997 by Sultan Hassanal Bolkiah and in 2008 by Warren Buffett.

However he now sits $5.2 billion below Bezos, while still retaining his place in the top 3.

In 2020, his charity, the Bill Gates Foundation, pledged $300 million to fighting the global coronavirus pandemic, including funding medication, detection and vaccines.

The Bill Gates Foundation is presently the biggest private philanthropy in the world.

The reason Gates no longer tops the billionaire’s list is partially due to giving away all but 1% of his Microsoft shares and stepping aside as the Board Director in March 2020.

It is also believed he has now contributed $35.8 billion to The Bill Gates Foundation.

4. Bernard Arnault

$106Bn (£77.9Bn)

The Frenchman is the wealthiest person in fashion, being Chairman and Chief Executive of Louis Vuitton SE, the world's biggest luxury goods company.

The 71-year-old is also an art investor and has been the wealthiest man in the world for two brief stints, in December 2019 and January 2020.

He also purchased Princess Yachts in 2008, for a reported 253 million euros.

5. Mark Zuckerberg

$100Bn (£73.5Bn)

The youngest billionaire on the list, Zuckerberg shot into  the levels thanks to his front-running social media platform, Facebook.

The 36-year-old established the platform in February 2004, while studying at Harvard University.

In 2007, he came to be the world’s youngest ever billionaire, aged just 23.

He now also owns shares in Instagram, WhatsApp and Facebook Messenger, some of the largest and fastest rising social media platforms in the world.

6. Zhong Shanshan

$91.7Bn (£67.4Bn)

Asia’s wealthiest man, businessman ShanShan, is worth a reported $91.7 billion. He chairs bottled water company, Nongfu Spring, and Beijing Wantai Biological Pharmacy Enterprise, which makes hepatitis testing kits and vaccines.

Although no net worth is completely valid, the Chinese billionaire’s is  particularly impossible to calculate as he has only recently taken his pharmaceutica

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