Business

The 5 Richest Individuals In The World, Going Into 2023

2022 has been quite the year, and we have seen huge changes in various individuals’ net worths over the past 12 months. With huge buyouts, the stock market’s crash, and scandals, the top 5 richest people in the world have not been a stable list recently.

Let’s look at these richest individuals’ identities and how they got their fortune. Fun fact: there are around 3,000 people with a net worth of a billion dollars or more — too many to cover in one article. There are so many lesser-known billionaires out there, like this person, for example.

Bernard Arnault 

Bernard Arnault is the founder and lead shareholder of the fashion empire, Louis Vuitton. There are 75 subsidiaries attached to Louis Vuitton, some having huge names themselves. This list includes companies like Sephora, Dior, Tiffany & Co, Hennessey, and more. 

According to the Forbes real time billionaire list, Bernard Arnault has a net worth of $179.1 billion, making him the richest person in the world. 

Elon Musk

Until very recently, Elon Musk had been considered the richest person in the world. But, due to the fluctuating stock market as well as other circumstances involving the social media company Twitter, his net worth has dropped from $220 billion to $146 billion over the past year.

He got his fortune from his various business ventures, including PayPal, SpaceX, and Tesla. 

Gautam Adani

Indian billionaire Gautam Adani is the chairman and founder of Adani, an industrial conglomerate spanning multiple nations. Adani’s company, Adani, has many subsidiary companies that are involved in port management, transmission, mining, airport operations, electric power generation, food processing, natural gas, and more. Worldwide, Adani has over 100,000 employees. 

Forbes ranked Gautam the third richest person in the world, and richest person in Asia, with a net worth of $127.7 billion. 

Warren Buffett

A famous investor and philanthropist, Warren Buffett is the fourth richest in the world going into 2023. After many extremely successful investments early on in Buffett’s career, he assumed control of the Berkshire Hathaway Group, which was once a textile manufacturing firm. Eventually, this firm would, of course, become known to be the huge conglomerate holding company it is today. 

Warren Buffett has a cool net worth of $107.6 billion going into 2023, which is down $10 billion from last year. But he has jumped up one spot from being the 5th richest to 4th. 

Jeff Bezos

Yet another name formerly higher up on the list, Jeff Bezos is still in the top 5 with a net worth of $103.3 billion.

Jeff Bezos made the bulk of his fortune through his online shopping and delivery company, Amazon. Matching Jeff Bezos’ net worth rank, Amazon is the 5th largest company in the world with a market cap of $1.42 trillion dollars.

We remind you to keep your eye on Forbes real-time billionaire list as it is constantly changing!

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