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World’s 10 richest men add $402 bn to their net worth in 2021

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The world’s 10 richest people added nearly $402.17 billion (India has a forex reserve of about $635 billion) in 2021, led by Tesla CEO Elon Musk.

According to the Bloomberg Billionaires Index, Musk added $121 billion to his net worth in 2021, making him the world’s richest person, briefly exceeding $300 billion.

Musk’s net worth was $277 billion as of December 29.

Second-placed Amazon founder Jeff Bezos, on the other hand, did not add much to his net worth. He only added $5 billion, keeping him in second place with $195 billion in his bank account, according to CNBC.

Bernard Arnault came in third with $176 billion (he added $61 billion in 2021).

Arnault is the CEO of LVMH, the luxury goods conglomerate that owns brands like Louis Vuitton, Christian Dior, and Givenchy.

Bill Gates, co-founder of Microsoft and philanthropist, rose to fourth place with a net worth of $139 billion, which is expected to rise by $7 billion in 2021.

Larry Page, co-founder of Google, was the fifth richest person on the planet, with a net worth of $130 billion (expanding by $47 billion in 2021 due to Alphabet’s strong performance).

Mark Zuckerberg, CEO of Facebook, came in sixth place with a net worth of $128 billion. This year, he added a whopping $24 billion.

Zuckerberg owns 13% of Meta (formerly Facebook), which has increased in value by more than 20% this year.

In seventh place, another Google co-founder, Sergey Brin, with a net worth of $125 billion, added $45 billion in 2021.

According to the Bloomberg Billionaires Index, Steve Ballmer, former Microsoft CEO and owner of the NBA’s Los Angeles Clippers, will add $41 billion in 2021 to his net worth of $122 billion.

Oracle’s Chairman and Founder Larry Ellison finished ninth with a net worth of $109 billion (and adding $29 billion in 2021), while Berkshire Hathaway CEO Warren Buffett finished tenth with a net worth of $109 billion (and adding $21 billion in 2021).

About the author

Brendan Taylor

Brendan Taylor was a TV news producer for 5 and a half years. He is an experienced writer. Brendan covers Breaking News at Insider Paper.







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