Top 10 Richest Men in The World in 2021 - A Complete Detailed List
The year 2021 marked some remarkable moments for wealth generation. Despite the tough global economy due to the pandemic, some entrepreneurs and business leaders experienced a substantial increase in their net worth. The list of the wealthiest people in the world comprised inventors, tech tycoons, luxury moguls, and investment legends who made impacts on global industries and marked success.
Below is a comprehensive list of the Top 10 Richest Men in the World as of 2021:
1. JEFF BEZ
Net Worth: 187.0 billion
Age in 2021: 57
Source of Wealth: Amazon
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At number one on the list in 2021 as the wealthiest man in the world was Jeff Bezos. As the founder and ex-CEO of Amazon, Bezos’ wealth reached unprecedented levels as people went online with their purchases due to the COVID-19 pandemic. Bezos' success with online retailing giant Amazon, cloud computing via his highly successful cloud platform ‘AWS’ or ‘Amazon Web Services’, and digital technology catapulted him to unheard-of wealth. Although he stepped down as the CEO at Amazon in 2021, Bezos continued to be at the helm of all major decisions and added new business ventures like Blue Origin, an aerospace endeavor for space travel and exploration.
Jeff’s story from a garage start-up to a global tech giant is perhaps one of the most inspiring stories of an entrepreneur in the current century.
2. ELON MUSK
Net worth: 172.8 billion
2021 Aging: 50 Years
Source of Wealth: Tesla, SpaceX
Country/Territory
Elon Musk made an astonishing move in 2021 and became the second-richest person on the planet. His electric car business, Tesla, made an exponential growth as there has been an ever-growing inclination toward clean energy and electric cars. Tesla stocks touched an unimagined peak during 2020 and 2021, and thus Musk's wealth touched an all-time high.
Apart from Tesla, Musk’s space exploration venture, SpaceX, added to his wealth. SpaceX was making enormous progress with its successful satellite launch and flights with people into space. It thus added value as a private space exploration company.
Elon stood out for his visionary strategy that integrated sustainability and advances in technology. 2021 marked a year of great impact on a global scale.
3. BERNARD ARNAULT & FAMILY
Net Worth: 146.2 Billion
Age as of 2021:
Source of Wealth: LVMH (Luxury Goods)
Country/Territory
Bernard Arnault, LVMH (Moët Hennessy Louis Vuitton) chairman, was the wealthiest man in Europe and third-richest man in the world as of 2021. LVMH is a conglomerate specializing in luxury products, with iconic brands including Louis Vuitton, Dior, Givenchy, Tiffany & Co., and several more.
During the pandemic period, there was a strong resurgence in luxury goods, with Asia being a major area that boosted Arnault's wealth. His success shows that luxury goods remain attractive, as well as the value of a strong brand within the global economy.
The fact that he was a French billionaire and that his sources of income included fashion, wines, jewelry, perfumes, and luxury accessories made him a giant in the luxury sector.
4. BILL GATES
Net Worth: $120.0 billion
Age as of 2021:
Source of Wealth Microsoft
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Microsoft co-founder, Bill Gates, was a familiar presence within the list topped by wealth in 2021. Although he no longer took an active role at Microsoft several years back, his stakes and portfolios ensured that he continued to be among the wealthiest people in the world.
Moreover, apart from being successful in business, Gates ranks among the most influential philanthropists across the world. Through the foundation he created with Melinda Gates, Gates has invested billions of dollars into various aspects, including global health, education, and sustainable development projects with the goal of improving lives in developing regions.
His transition from creating one of the most successful techno enterprises and then an international philanthropist inspires everyone around the world.
5. MARK ZUCKER
Net Worth: $94.6 billion
Age as of 2021:
Source of Wealth: Facebook
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Mark Zuckerberg, co-founder and CEO of Facebook, currently known as Meta, took the fifth position in 2021. Also, the acquisition of Instagram and WhatsApp by Facebook enabled it to extend its presence among billions of people around the world.
Metaverse Plans Unveiled
Zuckerberg announced ambitious plans about metaverse in 2021. It would be a world where virtual and augmented reality would merge with interactions and business. It totally changed the Facebook identity.
Although there were controversies surrounding issues of privacy and regulation, it would be hard to deny Zuckerberg’s impact on social media and internet connectivity in 2021.
6. Zhong Shan
Net Worth: 89.4 billion
Age as of 2021:
Source of Wealth: Beverages, Pharmaceuticals
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Zhong Shanshan was remarkable for being among the wealthiest people who were not from the tech industry but from the beverages and medical sectors. Zhong Shanshan is commonly known as the “Lone Wolf” billionaire from China. Zhong created Nongfu Spring, which is among China’s best-selling bottled water.
His wealth also came as a result of investment in several pharmacy businesses, particularly at a time when health and vaccines were among the greatest priorities across the world. It marked significant diversity among people who topped the list rich as it included various sectors such as consumer goods and health.
7. WARREN BUFFET
Net Worth: $86.6 billion
Age as of 2021:
Source of Wealth: Berkshire Hathaway
Country/Territory
Warren Buffett, also known as the “Oracle of Omaha,” at 91 years old and still among the wealthiest individuals as of 2021, with Berkshire Hathaway as chairman and CEO. Their net worth can be attributed to astute investment and value investing.
Unlike tech entrepreneurs, business methods associated with traditional sectors such as insurance, railways, energy, and consumer products generated value for Buffett. His investment approach emphasized waiting, research, and planning; these remain motivators for millions of global investors.
Despite being quite old, Buffett was still an esteemed figure in the financial world and a representation of intelligent investment behavior.
8. LARRY ELLISON
Net Worth: 84.9 Billion
Age as of 2021:
Source of Wealth: Software (Oracle)
This software
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Larry Ellison, co-founder and CTO at Oracle Corp., was recognized for creating one of the biggest database software enterprises worldwide. The enterprise software and databases offered by Oracle have become indispensable for businesses across the world.
Ellison’s investments in cloud computing and acquisition efforts made Oracle competitive throughout the revolution that took place in the 2010s and 2020s. In 2021, he also had interests in real estate and various technology ventures.
His journey from humble roots to tech mogul status is almost legendary.
9. LARRY PAGE
Net Worth: $80.4 Billion
2021 Age: 48
Source of Wealth: Google
Country/Territory
Google’s co-founder, Larry Page, was instrumental in creating one of the most prominent and successful businesses on the internet. Google revolutionized the manner in which people search and navigate on the internet.
The source of Page’s wealth was his stake in Alphabet, Google’s parent corporation, which continued to expand its businesses in several sectors, including search, advertising, cloud computing, and artificial intelligence.
Despite resigning as the CEO, Page still retains considerable shareholding within Alphabet and is among the major thought leaders within Alphabet projects.
10. Sergey Brin
Net worth: $78.1 billion
Age as of 2021:
Source of Wealth: Google
Country/Territory
Sergey Brin, co-founder at Google with Larry Page, completed the list of the 10 wealthiest people in 2021. Sergey Brin brought technical skills and an inventive mind that led Google to build highly successful search engines and enter new technologies.
Similar to Page, Brin’s source of wealth mainly came from his holdings in Alphabet and its affiliated businesses. His contribution to research and developments within the tech field continues to impact developments related to AI, robotics, and computing. Encounter with Middle-E The list of the 2021 richest people in the world shows an interesting combination of technology leaders, luxury goods giants, venture capitalists, and entrepreneurs. Even as most of these leaders attained wealth as a result of innovation and technology, some have made it due to astute investment and industrial effort. Despite global challenges posed in 2021, these people have shown it is possible for innovation, leadership, and vision to enable an individual or organization to accumulate unusually large amounts of wealth.
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