The Top 20 Richest Business Men in The World as of 2022

Who Are the Top Richest Business Men as of 2022 ?

Most individuals have a great idea, even if they aren’t business men or even somewhat interested in the subject.

As you read this, you’re undoubtedly already wondering about who will make the list of the world’s richest businessmen.

Let’s find out in this post, which provides a list of the top 20 richest people on the planet as of 2022 that were relieved by Forbes. These are the game-changers who have contributed to the planet’s evolution and reshaping.

20. Alice Walton

Alice Walton is the only child of Walmart founders Sam and Helen Walton. Despite an early career in investment banking, Alice, unlike her brothers, is not actively involved in the management of Walmart.

Instead, she concentrates on art curation at the Crystal Bridges Museum of American Art, which she founded in Bentonville, Arkansas, in 2011.

The majority of her fortune comes from Walmart stock, which pays out large dividends.

• The net worth of  Businesswoman Alice as of 2022 is of $63.6 Billion.

19. Rob Walton

The Walton family holds around half of Walmart’s shares between the three siblings. Rob is the eldest sibling and the one who is most actively involved in the company’s management.

However, after graduating from Columbia Law School, he began his businessman career with Conner & Winters, a law firm that represented Walmart.

When his father died in 1992, he took over as Chairman and remained in that position until his retirement in 2015. He’s given $2 billion of his money to the Walton Family Foundation with Alice and Jim’s help.

The foundation’s main areas of concentration include charter schools and environmental challenges.

• The Net Worth of Businessman Rob Walton as of 2022 is of $63.8 Billion.

18. Ma Huateng

Tencent, Ma Huateng’s corporation, is all about social media, communications, technology, gaming, and entertainment. Huateng, often known as Pony Ma, co-founded the firm with four other business partners in 1998 and presently serves as CEO and Chairman.

Tencent is currently the world’s largest video game publisher, with more than 1 billion players on its messaging platform, WeChat. Huateng was the first Chinese guy to make the Forbes Rich List’s top ten in 2017.

• The Net Worth of businessman Ma Huateng as of 2022 is of $64 Billion.

17. Jim Walton

Jim Walton is one of three Walton siblings that are Walmart heirs: Alice and Rob Walton are the other two. Jim stayed on the Walmart board of directors for more than a decade before handing over to his son Steuart, who took on a far more active position in the family firm.

He does, however, continue to serve as chairman of the family-owned Arvest Bank and of the media company Community Publishers Inc.

Clients in the three states of Arkansas, Missouri, and Oklahoma contribute roughly $20 billion to the bank’s assets. Walmart, on the other hand, has over 11,500 locations globally and generates half a trillion dollars in revenue each year.

• The Net Worth of Businessman Jim Walton as of 2022 is of $64.4 Billion.

16. Michael Bloomberg

Michael Bloomberg, an American businessman, stock trader, author, philanthropist, and politician, rounds out the top 20 richest individuals on the planet.

Bloomberg L.P, a financial information, software, and media organization, was co-founded by him. He also owns 88 percent of the company and has alternated between a political career and full-time charity as CEO.

He served as mayor of New York City for 12 years and campaigned for president in 2019, before withdrawing in March 2020.

• The Net Worth of businessman Michael Bloomberg as of 2022 is of $70 Billion.

15. Amancio Ortega

Amancio Ortega, via his firm Inditex Group, the largest apparel retailer by revenue, is a pioneer of fast fashion. He co-founded the company with his then-wife, Rosalia Mera, in 1975, and now controls 60% of the company.

There are eight different brands, with Zara being the most popular. The company has more than 7,500 retail locations throughout the world.

While Amancio earns a good living from his income and profits, it’s his well-diversified real estate portfolio that protects him from retail swings.

He has real estate in Madrid, Barcelona, New York, Chicago, Miami, and London, among other cities.

• The Net Worth of Businessman Amancio Ortega as of 2022 is of $72.6 Billion.

14. Zhong Shanshan

Zhong Shanshan’s net worth grew from a modest $2 billion in April 2020 to a staggering $68.9 billion in April 2021. This is the result of the public offering of Nongfu Spring and Beijing Wantai Biological Pharmacy in 2020.

Zhong controls 75% of Beijing Wantai Biological Pharmacy, which manufactures Covid-19 testing kits and is working on a viral vaccine. In April 2020, it was listed on the Shanghai Stock Exchange, bringing his net worth to over $16 billion.

His net worth allegedly grew to $50 billion overnight after the September 2020 initial public offering (IPO). Despite his newfound fortune, Zhong lives a humble lifestyle, choosing to remain out of the spotlight of politics and business.

• The Net Worth of Businessman Zhong Shanshan as of 2022 is of $76.2 Billion.

13. Carlos Slim Helú

Carlos Slim Helu is a successful businessman who controls Grupo Carso, a conglomerate with interests in a wide range of sectors. During the Mexican economic collapse, he acquired a lot of enterprises at low rates.

Helu also owns América Móvil, Latin America’s largest telecom business, and invested in Telmex, Mexico’s main phone provider, when it was privatized by the government in the 1990s.

His net worth is equivalent to around 6% of Mexico’s GDP, and his holdings account for 40% of the Mexican Stock Exchange’s listings.

• The Net Worth of Carlos Slim Helu as of 2022 is of $77.5 Billion.

12. Françoise Bettencourt Meyers

Françoise Bettencourt-Meyers is the granddaughter and heiress of L’Oréal, a cosmetics-focused industrial conglomerate.
The Bettencourt family leaves Nestlé, and the Swiss firm sells a portion of its shares to the Bettencourt family, bringing L’Oréal’s stock down to 23%.

Françoise, the founder’s granddaughter and majority shareholder, and her family currently own a third of the world’s largest cosmetics firm.

• The Net Worth of Françoise Bettencourt-Meyers as of 2022 is of $81.2 Billion.

Check Also : Top 10 Richest Women of the World in 2021

11. Mukesh Ambani

Mukesh Ambani, an Indian billionaire, has become Asia’s richest man for the first time. He is the chairman and CEO of Reliance Industries, an investment firm founded by his father in 1973.

It is the most valuable firm in India in terms of market capitalization, and it is ranked 96th on the Fortune Global 500 list. Energy, such as petroleum and natural gas, textiles, telecommunications, natural resources, media, entertainment, and music are all areas of concentration for the brand.

A sister firm, Jio Platforms Limited, is the core for all technological innovation, including telecoms.

• The Net Worth of Businessman Mukesh Ambani as of 2022 is of $89.1 Billion.

10. Steve Ballmer

Steve Ballmer is well known as Microsoft’s former CEO. He’s also gone famous on social media for his overly enthusiastic appearances at Microsoft events, which led in his needing vocal chord surgery.

Steve was Microsoft’s 30th employee, having joined the company in 1980 as Bill Gates’ first business manager. From 2000 to 2014, he was the company’s CEO.

During this time, there was a need to catch up with telecommunications and Google’s search capabilities, as well as the first dot-com crash. He’s spent $2 billion on the Los Angeles Clippers’ NBA club and millions more on philanthropic gifts after his retirement.

• The Net Worth of Steve Bllmer as of 2022 s of $98 Billion.

Read more : The 10 Rich Companies in the World – 2021

9. Mark Zuckerberg

Mark Zuckerberg is the brains behind Facebook, the social media behemoth. When he first arrived at Harvard, he was regarded as a prodigy coder.

In his dorm room, he founded Facebook in 2004. Originally designed as a site for Harvard students alone, Mark chose to expand it to other campuses before establishing a corporation in Silicon Valley and taking it global.

Despite the fact that both Facebook and Mark have been subjected to a great deal of criticism and controversy over the years, the social media platform has continued to expand and keep people connected. The company’s stock has risen by 80% in the last year, raising his net worth to nearly $42 billion.

• The Net Worth of young Businessman Mark Zuckerberg as of 2022 is of $104.6 Billion.

8. Larry Ellison

Larry Ellison is proof that software is one of the finest ways to create money. He is the Chairman, Chief Technology Officer, and co-founder of Oracle Corporation, a software behemoth.

The firm focuses in corporate software, cloud computing, and hardware and was formed in 1977. In addition to his Oracle stock, he holds Tesla stock, which has grown by 705 percent.

He also owns 98 percent of the Hawaiian island of Lanai, where he now resides (because why not?). Larry is a signatory to The Giving Pledge, a Bill Gates and Warren Buffet program that invites the world’s wealthiest people to donate at least half of their fortune to charity.

• The Net Worth of Larry Ellison as of 2022 is of $109.2 Billion.

7. Sergey Brin

Sergey Brin is profiting handsomely from the creation of the world’s most popular website. As of 2015, Sergey was the president of Alphabet Inc, Google’s parent company; however, he resigned at the end of 2019.

He is still a majority stakeholder and a member of the board of directors. His time and money are also invested in Alphabet Inc’s semi-secretive research lab and moonshot initiatives aimed at improving the world.

Glass (augmented reality spectacles), Waymo (driverless automobiles), and Loon are among the projects (internet via stratospheric balloons). He’s also been collaborating with Larry Page and The Brin Wojcicki Foundation on a covert airship firm and humanitarian efforts.

Similarly to Larry, his finances have soared as a result of the diversification of brands and items, as well as the increase in sales.

• The Net Worth of Sergey Brin as of 2022 is of $109.4 Billion.

6. Warren Buffet

Warren Buffet has known where to place money in order for it to grow since he was 11 years old. He’s renowned as the ‘Oracle of Omaha,’ and is considered one of the world’s most successful investors.

He is the chairman, CEO, and biggest shareholder of Berkshire Hathaway, a holding corporation that owns more than 60 companies, including GEICO, Duracell, Dairy Queen, BNSF, and Lubrizol.

He, like Bill Gates, is extensively committed in charitable initiatives and has pledged to contribute over 99 percent of his fortune. Much of his money has gone to the Bill and Melinda Gates Foundation and philanthropic institutions established by his children at this point.

• The Net Worth of Warren Buffet as of 2022 is of $111.7 Billion.

5. Larry Page

With 92.5 billion monthly views, Google is the most visited website on the planet. That’s a billion dollars higher than Google co-founder Larry Page’s net wealth.

Larry got the concept for the search engine while researching the mathematical features of the web and link structure for his Ph.D. dissertation. Sergey Brin, the other Google founder, joined him on this endeavor. It was around this time that PageRank, the search engine’s algorithm, was created.

In 1998, the two formally launched Google, with Larry serving as CEO and Sergey as president. Now, because to an increase in at-home workers and a wider range of goods, both CEOs’ net worth is growing rapidly under Alphabet’s new holding company.

• The Net Worth of Larry Page as of 2022 is of $112.9 Billion.

4. Bill Gates

Since 1987, Bill Gates, a co-founder of Microsoft, has constantly been on Forbes’ list of the world’s wealthiest persons. With the exception of four years, he was at the top of the list from 1995 to 2017.

He departed his hands-on job at Microsoft in 2008, although he continues to work as a technological advisor. He now devotes much of his time to the Bill and Melinda Gates Foundation, a philanthropic organization that has donated more than $45 billion to humanitarian organizations.

While he gives a lot of money out, he gets a lot of his money from places other than Microsoft. An investing firm, an advertising and product placement firm, and a nuclear power firm are among his other businesses. He also has a sizable investing portfolio, with stock in firms like Canadian National Railway, Impossible Foods, and Deere & Company.

• The Net Worth of Bill Gates as of 2022 is of $131.8 Billion.

3. Jeff Bezos

Jeff Bezos is the well-known CEO of Amazon, whose stock prices skyrocketed in 2020, boosting his fortune from $64 billion to $177 billion.

Amazon began in his garage in Seattle in 1994 and has since altered the world of online retail. Jeff also controls Twitch, Audible, and Whole Foods as part of Amazon’s portfolio.

The portfolio, however, does not end there. Among other things, he is interested in technology (AWS Elemental), space flight (Blue Origin), and print media (The Washington Post). He will stand down as CEO at the end of 2021 and take on the post of executive chairman.

• The Net Worth of Jeff Bezos as of 2022 is of $169.9 Billion.

2. Bernard Arnault

Bernard Arnault, the chairman of the fashion conglomerate LVMH, is ranked second on the list and is the richest man in both France and Europe.

He got his start in the luxury garment industry when he bought Financière Agache in 1984, which later became Christian Dior. In 1989, he was overwhelmingly elected chairman of LVMH after securing 43.5 percent of the company’s shares.

He has now developed it into one of the world’s greatest luxury conglomerates. Christian Dior, Givenchy, Bulgari, Princess Yachts, Celine, Louis Vuitton, Tiffany & Co, Mot & Chandon, Fenty, Sephora, Krug, Belvedere, and Belmond hotels are all part of the LVMH portfolio. His fortune soared from $76 billion to $150 billion thanks to an 86 percent increase in LVMH shares.

• The Net Worth of Bernard Arnault as of 2022 is of $188.6 Billion.

1.Elon Musk

Elon Musk is the personification of someone who exists on a separate plane than the rest of civilization. It has, however, paid off, giving him the title of world’s second richest man.

His quirky and out-of-the-box thinking has made him a well-known industry disruptor, with firms like Tesla, SpaceX, and The Boring Company challenging the current quo.

These businesses invest in and adopt cutting-edge technology that focuses on renewable energy and mass market accessibility. His quirkiness frequently spills over into his personal and social media lives.

Over the years, some of his most off-the-wall tweets have gotten him in trouble, including a lawsuit from the Securities and Exchange Commission in the United States. Despite this and other obstacles, his empire continues to grow.

• The Net Worth of Elon Musk as of 2022 is on Top of every list, it is of $222.2 Billion.

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