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

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New Delhi, Dec 31 (IANS) Led by Tesla CEO Elon Musk, the world’s 10 richest people added nearly $402.17 billion (India has a forex reserve of about $635 billion) in 2021.

According to the Bloomberg Billionaires Index, Musk added $121 billion to his net worth in 2021, becoming the world’s richest man who briefly saw his net worth cross $300 billion.

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As of December 29, Musk had a net worth of $277 billion.

At the second place, Amazon founder Jeff Bezos, however, did not add much to his net worth. He only added $5 billion, to stay at the second spot with $195 billion in his kitty, reports CNBC.

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The third spot was taken by Bernard Arnault at $176 billion (he added $61 billion in 2021).

Arnault is the CEO of luxury goods conglomerate LVMH, which owns brands such as Louis Vuitton, Christian Dior and Givenchy.

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At the fourth position, philanthropist and Microsoft co-founder Bill Gates saw his net worth soar to $139 billion, adding $7 billion in 2021.

Google co-founder Larry Page with $130 billion net worth (and adding $47 billion in 2021 owing to the strong performance of Alphabet) was the fifth richest person on earth.

Facebook CEO Mark Zuckerberg with a net worth of $128 billion was at the sixth place. He added a cool $24 billion this year.

Zuckerberg owns a 13 per cent stake in Meta (formerly Facebook), which has grown in value by more than 20 per cent this year.

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

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

Cloud major Oracle’s Chairman and Founder Larry Ellison with $109 billion (and adding $29 billion in 2021) was at the ninth place while Warren Buffett, the CEO of Berkshire Hathaway, finished 10th with $109 billion net worth and adding $21 billion in 2021.

–IANS

na/dpb

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