News JVTech Who are the ten richest billionaires in the world? France, United States or India, which country dominates the ranking?
Published on 01/24/2023 at 16:45
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Who of Bill Gates, Jeff Bezos, Elon Musk or Bernard Arnault is the most enduring person in the ranking of the richest billionaires in the world? If the answer may seem obvious at first glance, the following graph may prove the opposite.
Summary
The richest own 38% of the world’s wealthThe evolution of the ten richest billionaires in the world, with an illustrated graphApril 3, 2020January 22, 2021September 26, 2022January 12, 2023
The richest own 38% of the world’s wealth
The net worth of the richest 1% of the world’s population has increased tenfold over the past two decades. To realize this, we must understand that these 1% own 38% of the world’s wealth, an abysmal difference compared to the 50% of the population who own only 2% of the world’s wealth. In 2022, Forbes estimates the number of billionaires in the world at 2668. Most of them are also CEOs of companies in the world of Tech.
But, war and pandemics have been hurting the markets lately, hitting this list of billionaires and sending their number plummeting. 87 people last year. The most drastic declines have been in Russia, where there are 34 fewer billionaires following Vladimir Putin’s invasion of Ukraine, and China, where the government is waging a crusade against tech giants, taking along 87 billionaires.
For your information, these 2668 billionaires together represent 12.7 trillion euros. The United States are at the top of the ranking, with 735 billionaires, while the Chine (including Macao and Hong Kong) is just behind, with 607 billionaires. Together, they account for more than 50% of the world’s billionaires..
The evolution of the ten richest billionaires in the world, with an illustrated graph
This graph directed by EEAGLI from data from the Bloomberg Billionaires Index illustrates in detail the evolution over time of the world’s largest fortunes over the past three years. As we can see in the infographic, the changes are numerous, we are witnessing successively the overtaking of Elon Musk on Jeff Bezos in 2021, then of Bernard Arnault on Elon Musk in 2022.
Many factors come into play to explain this exchange of positions. Elon Musk, for example, saw his net worth increase in 2021 thanks to the rise in Tesla’s stock price, which rose nearly 50% that year. And like a roller coaster, his net worth plummeted in 2022 due to the falling stock price, of which he owns 13%. He also had to sell a lot of them to finance his acquisition of Twitter. This also applies to the founder and CEO of Meta, Mark Zuckerbergwho fell out of the top 10 in February 2022, when his company’s share price fell after disappointing results.
Other billionaires with some of the highest net worth include the Indian Gautam Adanithe founder of Amazon, Jeff Bezos and that of Microsoft, Bill Gates. As for the richest woman in the world, it is the French, Françoise Bettencourt Meyers.