Elon Musk soars to second place on Forbes’ 35th annual billionaires list of 2021.
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Musk had the highest earnings on this year’s list, according to Forbes, with $ 151 billion, an increase of $ 126.4 billion, compared with $ 24.6 billion a year ago when Tesla and SpaceX executives were ranked. At 31, Tesla’s shares have risen about 705% over the past year.
|TSLA||TESLA, INC.||691.62||+0.57||+ 0.08%|
However, Musk remains behind Amazon CEO Jeff Bezos, the wealthiest person in the world, for the fourth year in a row, valued at $ 177 billion in 2021, up $ 64 billion from the previous year as a result of the Amazon stock rise
|LVMUY||LVMH SHOULD HENNESSY LOUIS VUITTON SE||137.48||-0.39||-0.28%|
The top five rounds are Bernard Arnault, CEO of LVMH at $ 150 billion, Microsoft co-founder Bill Gates at $ 124 billion and Facebook CEO Mark Zuckerberg at 97. Billions of dollars
Kim Kardashian is officially the new billionaire.
Meanwhile, Berkshire Hathway CEO Warren Buffett was knocked out of the Top 5 for the first time since 1993, although he is still worth a staggering $ 96 billion.
|BRK.A||BERKSHIRE HATHAWAY, Inc.||396,900.00||+1,365.00||+ 0.35%|
|ORCL||ORACLE CORP.||74.28||+0.12||+ 0.16%|
He joins Oracle CEO Larry Ellison ($ 93 billion), Google co-founders Larry Page ($ 91.5 billion) and Sergey Brin ($ 89 billion) and Mukesh Ambani, chairman of Reliance Industries Limited ($ 84.5 billion), in Top 10
All 10 men combined worth $ 1.15 trillion, up two-thirds from $ 686 billion last year.
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The total number of billionaires on Forbes’ list rose 660 last year to 2,755 people, totaling $ 13.1 trillion, up from $ 8 trillion on the 2020 list, roughly 86% of the billionaires. All are richer than last year.
The United States leads its partners with 742 billionaires, but China is closing the gap with 698 billionaires, including 71 from Hong Kong and one from Macau. India is the third most billionaire with a total of 140.
Entry to the list is a record 493 new arrivals, including 210 from China and Hong Kong and 98 from the United States. The richest newcomer is Miriam Adelson ($ 38.2 billion), the widow of casino mogul Sheldon Adelson, who died in January. Other notable newcomers include film and television producer Tyler Perry and Whitney Wolfhard, co-founder of dating app Bumble and the youngest self-made female billionaire. In the world
Some of the newcomers are getting rich from cryptocurrencies, special acquisitions companies (SPAC), traditional IPOs and COVID-related healthcare.
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Approximately 106 members of the list are under the age of 40, two thirds of which are self-made.
The youngest billionaire on the list is 18-year-old Kevin David Lehmann from Germany, whose father, Guenther Lehmann, has transferred his stake in the drugstore chain dm-drogerie mkt to him, meanwhile, the billionaire. The oldest self-made man is George Joseph, who founded Mercury Insurance at age 99.
There were 1,975 self-made billionaires, or 72% of the 2021 listings, up from 1,457, or 70% of those in 2020.
Forbes also saw the lowest number of listing exports in a decade, with 61 including members of the Kardashian family and cosmetics tycoon Kylie Jenner and West Virginia Governor Jim Justice.
The 2021 transaction has been compiled using stock prices and exchange rates since March 5 to calculate its net value.