Heading into 2022, the 10 wealthiest people in the world are all price greater than $100 billion, in response to the Bloomberg Billionaires Index.
Some of those people, like Bill Gates and Jeff Bezos, have been price $100 billion for a while: Gates first reached the mark in 1999, whereas Bezos did it in 2017. But most of the others are newcomers to the 12-digit membership.
Combined, the 10 richest billionaires added $402.17 billion to their web worths in 2021. They had been led by Tesla CEO Elon Musk, who this yr grew to become the world’s richest man and briefly noticed his web price high $300 billion. He added $121 billion to his web price in 2021 — simply shy of the $140 billion he added in 2020.
As 2021 winds to an in depth, this is how much the 10 richest people in the world added to their fortunes, in response to Bloomberg’s Billionaires Index. (All numbers had been correct as of the finish of buying and selling on Dec. 29.)
1. Elon Musk: $277 billion (+$121 billion)
The Tesla co-founder, who this year changed his title from CEO to “Technoking of Tesla” in a March regulatory filing, has enjoyed a massive wealth increase thanks to the rapid growth of his electric automaker. Tesla shares are up about 60% this year, and the company hit a $1 trillion market cap for the first time in October.
Musk has recently been selling millions of shares of Tesla to pay a reported $12 billion tax bill associated with a stock option package he received in 2012.
2. Jeff Bezos: $195 billion (+$5 billion)
The former world’s richest man did not add nearly as much to his net worth as Musk, but Bezos is still leaving 2021 with $5 billion more than he entered it with.
The 57-year-old stepped down from his role as CEO of Amazon in July, and has said he is spending more time on initiatives like the Bezos Earth Fund, his Blue Origin spaceship company, The Washington Post and the Amazon Day 1 Fund.
3. Bernard Arnault: $176 billion (+$61 billion)
The CEO of luxury goods conglomerate LVMH, which owns brands such as Louis Vuitton, Christian Dior and Givenchy, added $61 billion to his net worth in 2021. The 72-year-old holds the title of Europe’s richest man.
Despite giving away tens of billions of dollars over the previous few many years, Gates’ wealth continues to develop, thanks in half to the sturdy efficiency of shares of Microsoft, the firm he co-founded and nonetheless owns about 1% of.
Gates has lengthy since given up the reins at Microsoft and spends most of his time together with his charitable basis. In 2021, Gates additionally divorced his spouse Melinda French Gates after 25 years of marriage.
5. Larry Page: $130 billion (+$47 billion)
The Google co-founder added $47 billion to his fortune due to the sturdy efficiency of Alphabet in 2021, which surpassed the $2 trillion market cap in November and was lately topped Big Tech inventory of the yr by CNBC. Page is now not CEO of Alphabet, however stays a board member.
6. Mark Zuckerberg: $128 billion (+$24 billion)
The solely member of the high 10 below the age of 40, 37-year-old Zuckerberg’s wealth elevated by $24 billion this yr. Zuckerberg owns a 13% stake in Meta — the mum or dad firm of Facebook and Instagram of which he’s CEO — which has grown in worth by greater than 20% this yr.
7. Sergey Brin: $125 billion (+$45 billion)
Google’s different co-founder’s web price grew by $45 billion, bringing it above $100 billion for the first time. The 48-year-old owns about 38 million shares in Alphabet and sits on the firm’s board.
The former Microsoft CEO and proprietor of the NBA’s Los Angeles Clippers is $41 billion richer at the finish of 2021 than he was at the begin of the yr. Ballmer’s web price benefitted from the reputation of tech shares like Microsoft, which this yr grew in worth by greater than 50%.
9. Larry Ellison: $109 billion (+$29 billion)
Oracle had its second-best largest acquire in 20 years earlier this month, and chairman and founder Larry Ellison reaped the rewards. The 77-year-old broke into the $100 billion membership this yr, including $29 billion to his web price due to his agency’s sturdy earnings.