The world’s 10 richest people as of December 27, 2022

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The world’s 10 richest people as of December 27, 2022, Top 10 Richest People in The World December 2022

The world’s 10 richest people as of December 27, 2022

 

France’s Bernard Arnault has surpassed South Africa’s Elon Musk to become the world’s wealthiest individual. In third place is Indian businessman Gautam Adani.

Following them in the top 10 are Bill Gates, Jeff Bezos, Warren Buffett, Larry Ellison, Steve Ballmer, Mukesh Ambani, and Larry Page.

After the closing of trading in New York, the numbers are refreshed.

Listed below are the top 10 wealthiest people in the world as of the end of business on December 26, 2022.

 

 

Source : Thesouthafrican.com

 

The World’s Billionaires is an annual list of the world’s richest billionaires based on their known net worth. It is put together by the American business magazine Forbes and published in March each year. The list came out for the first time in March 1987.

 

The estimated total net worth of each person on the list is given in US dollars. This is based on their documented assets, their debt, and other factors. No royals or dictators are on these lists because their wealth comes from their positions. This list is an index of the wealthiest people whose wealth can be proven. It doesn’t include anyone whose wealth can’t be proven for sure.

In 2018, Jeff Bezos, the founder of Amazon, was ranked at the top for the first time. He was the first billionaire to be on the list, and he beat Bill Gates, the founder of Microsoft, who had been at the top for 18 of the previous 24 years. Elon Musk passed Bezos in 2022, after Bezos had been at the top of the list for four years.

Methodology

Forbes hires more than 50 reporters from all over the world every year to follow the activities of the world’s wealthiest individuals and sometimes groups or families who share wealth. People who might be able to get on the list are sent preliminary surveys.

 

Forbes says that they got three kinds of answers: some people tried to lie about how much money they had, others helped but didn’t give all the details, and some people just wouldn’t answer any questions. Then, business deals are looked over and estimates are made of valuable assets like land, homes, cars, art, etc. Interviews are done to check the numbers and get a better idea of what a person owns.

 

Lastly, positions in a stock that is traded on the open market are priced to market about a month before publication. Price-to-sales or price-to-earnings ratios are used to figure out the value of privately held companies. When known debt is subtracted from assets, the result is an estimate of a person’s worth in US dollars. Since stock prices change quickly, a person’s real wealth and place on the list may be different when the list is published than when it was made

 

When a living person gives money to members of his or her immediate family, that money is listed as a single “family fortune,” as long as the person who gave the money is still alive. But if a Billionaire’s wealth has been split up, it won’t show up as a single listing. Instead, each recipient will only show up if his or her own net worth is over a $Billion (his net worth won’t be added to that of his family members). [6] These lists never include royal families or dictators whose wealth depends on their position.

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