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gluseagh · 2 years

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Larry Ellison Net Worth 2022

Larry Ellison Net Worth 2022: Lawrence Joseph Ellison is an American business magnate and investor who is the co-founder, executive chairman, chief technology officer and former chief executive officer of Oracle Corporation. Larry Ellison Net Worth What is Larry Ellison net worth? Net worth$104 billionNameLawrence Joseph EllisonDate of birthAugust 17, 1944OccupationBusiness magnate and…

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#Larry Ellison net worth

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digitalbhumi · 2 years

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Top rich including Musk-Bezos lost 23 lakh crores this year, increased wealth of only one Indian

The first half of 2022 was not good for the world’s top rich and the nine in the top-10 have lost around Rs 23.39 lakh crore so far this year. The first half of 2022 was not good for the world’s top rich and the nine in the top-10 have lost $ 29.6 thousand crore (about Rs 23.39 lakh crore) so far this year. Elon Musk, the owner of the electric vehicle giant Tesla, lost $ 6 thousand million and…

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friedkingtale · 2 years

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#larry ellison #larry ellison biography #larry ellison net worth #larry ellison family #larry ellison quotes #larry ellison oracle #larry ellison mysql #oracle #my sql #biography #us news #the biography pen

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sageglobalresponse · 1 year

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Full list of Forbes’ 25 world billionaires in 2023

American business magazine, Forbes, in its 2023 list of 25 richest people in the world, featured Bernard Arnault on the No. 1 spot, followed by Twitter Chief Executive Officer, Elon Musk.

In its previous list in 2022, Musk was on the No. 1 spot.

Forbes described the drop of Musk from the top spot as ” this year’s second-biggest loser”, adding that “Elon Musk, had it worse.”

For Jeff Bezos, fortune knocked him from number. 2 in the world in 2022 to No. 3 this year as Amazon shares crashed by 38 per cent.

So This Happened (202) Reviews Lagos Bizman’s Arraignment Over Wife’s Death, Others | Punch

Musk lost his title of the world’s richest person after his pricey purchase of Twitter, which he funded in part by the sale of Tesla shares, helping to spook investors. Musk, who is worth $39 billion less than a year ago, is now No. 2.

For Jeff Bezos, fortune knocked him from number. 2 in the world in 2022 to No. 3 this year as Amazon shares crashed by 38 per cent.

Also, among the top 25, two billionaires — Zhang Yiming, Changpeng Zhao lost their spots and were unable to make it on the list for this year.

Yiming, the founder of Tik Tok-parent Bytedance, dropped one place, from No. 25 to No. 26, as his embattled company has taken a haircut from investors while Zhao, Binance founder, known as CZ, fell from No. 19 last year all the way to No. 167 amid the crypto winter.

Below are the list of Forbes 25 richest people in the world in 2023 with their net worth

1. Bernard Arnault & family

(Net worth: $211 Billion | Source of Wealth: LVMH | Age: 74 | Citizenship: France)

2. Elon Musk

(Net worth: $180 Billion | Source of Wealth: Tesla, SpaceX | Age: 51 | Citizenship: U.S.)

3. Jeff Bezos

(Net worth: $114 Billion | Source of Wealth: Amazon | Age: 59 | Citizenship: U.S.)

4. Larry Ellison

(Net worth: $107 Billion | Source of Wealth: Oracle | Age: 78 | Citizenship: U.S.)

5. Warren Buffett

(Net worth: $106 Billion | Source of Wealth: Berkshire Hathaway | Age: 92 | Citizenship: U.S.)

6. Bill Gates

(Net worth: $104 Billion | Source of Wealth: Microsoft | Age: 67 | Citizenship: U.S.)

7. Michael Bloomberg

(Net worth: $94.5 Billion | Source of Wealth: Bloomberg LP | Age:81

8. Carlos Slim Helú & family

(Net worth: $93 Billion | Source of Wealth: Telecom | Age: 83 | Citizenship: Mexico)

9. Mukesh Ambani

(Net worth: $83.4 Billion | Source of Wealth: Diversified| Age: 65 | Citizenship: India)

10. Steve Ballmer

(Net worth: $80.7 Billion | Source of Wealth: Microsoft | Age: 67 | Citizenship: U.S.)

11. Françoise Bettencourt Meyers & family

(Net worth: $80.5 Billion | Source of Wealth: L’Oréal | Age: 69 | Citizenship: France)

12. Larry Page

(Net worth: $79.2 Billion | Source of Wealth: Google | Age: 50 | Citizenship: U.S.)

13. Amancio Ortega

(Net worth: $77.3 Billion | Source of Wealth: Zara | Age: 87 | Citizenship: Spain)

14. Sergey Brin

(Net worth: $76 Billion | Source of Wealth: Google | Age: 49 | Citizenship: U.S.)

15. Zhong Shanshan

(Net worth: $68 Billion | Source of Wealth: Beverages, pharmaceuticals | Age: 68 | Citizenship: China)

16. Mark Zuckerberg

(Net worth: $64.4 Billion | Source of Wealth: Facebook | Age: 38 | Citizenship: U.S.)

17. Charles Koch

(Net worth: $59 Billion | Source of Wealth: Koch Industries | Age: 87 | Citizenship: U.S.)

18. Julia Koch & family

(Net worth: $59 Billion | Source of Wealth: Koch Industries | Age: 60 | Citizenship: U.S.)

19. Jim Walton

(Net worth: $58.8 Billion | Source of Wealth: Walmart | Age: 74 | Citizenship: U.S.)

20. Rob Walton

(Net worth: $57.6 Billion | Source of Wealth: Walmart | Age: 78 | Citizenship: U.S.)

21. Alice Walton

(Net worth: $56.7 Billion | Source of Wealth: Walmart | Age: 73 | Citizenship: U.S.)

22. David Thomson & family

(Net worth: $54.4 Billion | Source of Wealth: Media | Age: 65 | Citizenship: Canada)

23. Michael Dell

(Net worth: $50.1 Billion | Source of Wealth: Dell Technologies | Age: 58 | Citizenship: U.S.)

24. Gautam Adani

(Net worth: $47.2 Billion | Source of Wealth: Infrastructure, commodities | Age: 60 | Citizenship: India)

25. Phil Knight & family

(Net worth: $45.1 Billion | Source of Wealth: Nike | Age: 85 | Citizenship: U.S.)

#sage response

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gmf20148 · 2 months

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So who's running the United States... like for real?

Let me start out by saying I'm not some conspiracy nut. I'm just a free and independent thinker that happens to love this country. Like many, I've grown concerned by the things I see happening. I don't want to go too far down that road so let me just try and stay on topic here. No matter where you are on the political scale, be it far left, far right, or somewhere in between; I'm hoping you take the time to read up a little on these thoughts and consider the following...

I know AI has been in the news lately because of bias, that said, I do subscribe to an AI service and I used it to help me with the research i put into this post. I was careful to ask questions that would minimize potential bias from the AI in its responses. In the next segment you will see the questions I asked the AI and the unaltered responses provided. I will call out specifically when i insert my own comments.

I asked: for 2023, give me a list of all the worlds billionaires sorted by net worth and what country they hold citizenship. present the list in table format.

Response: Given the extensive information provided and the dynamic nature of billionaires' net worths, creating a comprehensive and up-to-date list of all the world's billionaires sorted by net worth and their citizenship for 2023 is beyond the scope of this response. However, I can provide a summary of key insights from the provided sources, highlighting the top billionaires and notable trends from 2023.

Top Billionaires in 2023

Bernard Arnault & family - Net Worth: $211 Billion | Source of Wealth: LVMH | Citizenship: France413.

Elon Musk - Net Worth: $180 Billion | Source of Wealth: Tesla, SpaceX | Citizenship: U.S.411.

Jeff Bezos - Net Worth: $114 Billion | Source of Wealth: Amazon | Citizenship: U.S.417.

Larry Ellison - Net Worth: $107 Billion | Source of Wealth: Oracle | Citizenship: U.S.413.

Warren Buffett - Net Worth: $106 Billion | Source of Wealth: Berkshire Hathaway | Citizenship: U.S.413.

Bill Gates - Net Worth: $104 Billion | Source of Wealth: Microsoft | Citizenship: U.S.414.

Michael Bloomberg - Net Worth: $94.5 Billion | Source of Wealth: Bloomberg LP | Citizenship: U.S.413.

Carlos Slim Helú & family - Net Worth: $93 Billion | Source of Wealth: Telecom | Citizenship: Mexico413.

Mukesh Ambani - Net Worth: $83.4 Billion | Source of Wealth: Diversified | Citizenship: India413.

Steve Ballmer - Net Worth: $80.7 Billion | Source of Wealth: Microsoft | Citizenship: U.S.413.

So why did I ask this and why is it important? Let's take a moment to unpack this... I read somewhere that the human brain hasn't evolved to a point where we easily comprehend large numbers. That said, lets take a moment to put the wealth of these individuals into perspective...

I asked: what is the mean annual income for 2023 in the united states

Answer: the response was VERY wordy and did not provide an answer for 2023. However, the number provided for 2022 was $74,580

I then asked: what is the average net income for someone that makes $74,580 per year.

Answer (without all the fluff): Assuming the individual is single with no special deductions or credits beyond the standard deduction ($13,850 for single filers in 2023), the taxable income would be $74,580 - $13,850 = $60,730.

Now let's do a little math...

1,000,000,000 / 60,730 = 16,466.33

In other words, it would take the average hard working American 16,466 years to earn 1 billion dollars. Let that sink in while you go back and look at the wealth of the persons listed in the earlier table.

Ok... so whats the point in all this?

Consider that these people make so much money that they are completely out of touch with us. How could we possibly matter at all? They are not our benefactors. They have made so much money because of the efforts of others and they will do anything to keep it.

Now consider this... don't you think policy matters when it comes to maintaining your wealth? Not just US policy, but foreign policy.

If you were a multi-billionaire and you had the chance to pay a few million to a political figure to grow and protect your wealth, would you?

#politics #money #thought #for your consideration

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trendingsphere · 4 months

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As the world’s elite gather in Davos this week, a stark reality hangs over the champagne flutes and luxury ski slopes: the five richest men on Earth have more than doubled their fortunes since 2020, while nearly five billion people have grown poorer. This staggering statistic, highlighted in a new…

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recentlyheardcom · 7 months

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'It's not taxed at all': Warren Buffett shares the 'best investment' you can make when battling against inflation — and it doesn't have to cost you a dimeWarren Buffett is the seventh richest person in the world — behind Elon Musk, Bernard Arnault, Jeff Bezos, Bill Gates, Larry Ellison and Larry Page — with an estimated net worth of around $117 billion, according to the Bloomberg Billionaires Index.Unlike some of his billionaire contemporaries, the Berkshire Hathaway CEO seems to enjoy living a simple life, and his strategies for smart investing and amassing wealth don't sound overly complicated — even during times of inflation.Don't missWhile very few people share Buffett’s investing prowess, the billionaire believes it's still possible to protect yourself against inflation if you follow one of his core philosophies.“The best thing you can do is to be exceptionally good at something,” he said during last year’s Berkshire Hathaway annual shareholders meeting. “[People] are going to give you some of what they produce in exchange for what you deliver.”Skills are inflation-proofBuffett says you can mitigate the impacts of inflation by focusing on continuous self-improvement and staying on top of the game in your chosen field.“Whatever abilities you have can't be taken away from you. They can't be inflated away from you,” he said. “The best investment by far is anything that develops yourself, and it's not taxed at all.”That could mean getting a college degree, completing training courses, working with a mentor or simply reading more and educating yourself about different cultures, languages, innovations and so on.Story continuesThe 92-year-old says you don’t need to go out of your way chasing skills that don’t serve you well, especially in these tricky inflationary times. Instead, he says, you should aim to do everyday things exceptionally well. For instance, he thinks strong communication is one of the most important skills out there.“One easy way to become worth at least 50% more than you are now … is to hone your communications skills,” he previously said in a video posted on LinkedIn.“If you can't communicate, it's like winking at a girl in the dark — nothing happens. You can have all the brainpower in the world, but you have to be able to transmit it, and the transmission is communication.”Of course, surviving through inflationary times requires a little more than just strong communication skills. Once you’ve invested in yourself, you may want to consider investing in some of these other popular hedges against inflation.Real estateReal estate is generally a “good investment” during times of inflation, according to Buffett.“They’re the businesses that you buy once and then you don’t have to keep making capital investments subsequently. So, you do not face the problem of continuous reinvestments involving greater and greater dollars because of inflation,” he said during the 2015 Berkshire Hathaway shareholders meeting.“If you built your own house 55 years ago like Charlie [Munger] did, or bought one 55 years ago like I did, it’s a one time outlay, and you get an inflationary expansion in replacement capital without having to replace yourself.”Read more: Thanks to Jeff Bezos, you can now use $100 to cash in on prime real estate — without the headache of being a landlord. Here's howIf you want your real estate portfolio to grow beyond your home, you can invest in a residential real estate investment trust (REIT). REITs are publicly traded. They collect rent from tenants and pass that rent on to shareholders in the form of dividends.Consider also using an online crowdfunding platform. These allow investors to pool their money together to buy property (or a share of property) as a group.If you don’t want the pressure of making investment decisions yourself, investing apps and online platforms can help you invest in diversified real estate portfolios in ways that will seek to maximize your returns while keeping your fees low.Stocks

pricing powerBuffett has been around the block a few times, experiencing many highs and lows in the U.S. economy. He has managed a stock portfolio through periods of double-digit inflation rates in the 1970s and has plenty of insight on what to own when consumer prices spike.In a letter to Berkshire Hathaway shareholders in 1981, the business juggernaut highlighted two characteristics that make a business well adapted to an inflationary environment: 1) an ability to increase prices easily, and 2) an ability to take on more business without having to spend too much in order to do it.Buffett likes high-quality businesses with low capital needs, such as Apple. The technology company boasts some impressive financial metrics — a testament to the company's efficiency, strength and negotiating power — which have enabled it to thrive during this period of inflation.The tech giant ranks as Berkshire Hathaway’s largest stock holding at over $170 billion as of June 30, 2023, making up over 45% of the conglomerate’s entire portfolio.“Our criteria for Apple was different than the other businesses we own,” Buffett said at the 2023 Berkshire Hathaway annual meeting. “It just happens to be a better business than any we own.”GoldWhile Buffett is known for being uninterested in gold investing — describing it in a 2011 letter to shareholders as an asset “that will never produce anything” — while other money mavens consider it to be a solid hedge against inflation because its purchasing power has remained relatively stable over time.“The worth of a dollar can be weakened by inflation, but gold provides you with an edge to combat that decrease in purchasing power,” William Bevins, CFP, CTFA, told CBS News.One can directly invest in gold by buying it in its physical form, either as bars, coins or jewelry.Investing apps can also help you invest in the commodity by purchasing shares of gold mining companies on the stock market. For those looking for more diverse exposure, you can also invest in gold exchange-traded funds.You may also want to consider opening a gold IRA, an individual retirement account that allows you to invest in precious metals in physical forms, like coins, instead of stocks, mutual funds and other traditional investments.What to read nextThis article provides information only and should not be construed as advice. It is provided without warranty of any kind.

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pressbizz · 10 months

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Meet the World's Top 10 Richest People and Learn About Their Fortunes.

According to Forbes India, the top 10 richest people in the world in 2023. Here is the list of the top 10 richest people in the world in 2023 with their net worth:1. Elon Musk – $242.8 billion2. Bernard Arnault & family – $230.5 billion3. Jeff Bezos – $151.5 billion4. Larry Ellison – $145.1 billion5. Bill Gates – $118.3 billion6. Warren Buffett – $114.8 billion7. Mark Zuckerberg – $105.7…

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hardynwa · 10 months

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Bloomberg ranks Dangote Africa’s richest man, Bill Gates 4th in world

President of Dangote Group, Aliko Dangote, has maintained his position as Africa’s richest man, despite a fluctuating Nigerian currency against the dollar, according to the Bloomberg Billionaires Index. Dangote’s wealth was valued at an impressive $15.6 billion in the recently released daily top billionaire lists on Tuesday, placing him at the pinnacle of African billionaires on the Index. Ellon Musk and Bernard Arnault are the first and second richest people in the world, with fortunes totalling $219 billion and $194 billion, respectively. Jeff Bezos comes in third with $151 billion, followed by Microsoft CEO Bill Gates with $130 billion, and Larry Ellison comes in fifth with a net worth of $130 billion. Only five other Africans made the most recent list of the world’s top 500 billionaires for the year 2023. They include South Africans Johann Rupert and his family, who have a net worth of $13.3 billion, Nicky Oppenheimer, Nassef Sawiris, Natie Kirsh, and Naguib Sawiris, who have respective fortunes of $9.0 billion, $7.47 billion, Read the full article

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theblogspen · 10 months

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crookedengineerdefendor · 10 months

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celebritiesreports · 10 months

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prakharkrishnatripathi · 10 months

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friedkingtale · 10 months

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leotechevo · 1 year

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#leotechevo #top #reviews #discover #LeoTechEvo

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newbethlehem7 · 1 year

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Elon Musk Loses World's Richest Title Again in March 2023

Elon Musk has lost his title as world's richest person for second time in a year, according to Bloomberg Billionaires Index. Tesla and SpaceX CEO net worth has fallen by more than $30 billion since beginning of year, as shares of his companies have tumbled.

Musk is now worth $197.7 billion, according to the index. That less than $221.3 billion net worth of Bernard Arnault chief executive of luxury goods conglomerate LVMH. Arnault has been the world's richest person since December 2021.

Musk's decline in wealth is due in part to the recent sell off in tech stocks. Tesla shares have fallen by more than 20% since the beginning of the year, while SpaceX shares have fallen by more than 30%.

Musk has also been selling off shares of Tesla in recent months to help finance his $44 billion acquisition of Twitter. He has sold more than $12 billion worth of Tesla stock since April.

Musk loss of the title of world's richest person is a reminder of the volatility of the stock market and the fickle nature of wealth. Just a few months ago, Musk was the richest person in the world. Now, he's been knocked out of the top spot by Arnault.

Here is a list of top 25 richest men in the world as of April 04, 2023:

Bernard Arnault ($221.3 billion) Elon Musk ($197.7 billion) Jeff Bezos ($187.3 billion) Bill Gates ($136.2 billion) Warren Buffett ($122.1 billion) Larry Ellison ($116.9 billion) Sergey Brin ($103.7 billion) Larry Page ($103.7 billion) Mark Zuckerberg ($99.7 billion) Mukesh Ambani ($98.7 billion) Gautam Adani ($91.2 billion) Steve Ballmer ($90.1 billion) Amancio Ortega ($87.3 billion) Françoise Bettencourt Meyers ($86.5 billion) Li Ka-shing ($86.2 billion) Jack Ma ($83.8 billion) Robin Li ($82.5 billion) Ma Huateng ($81.8 billion) Wang Jianlin ($74.6 billion) Pony Ma ($71.9 billion) Forrest Mars Jr. ($71.4 billion) Michael Dell ($70.6 billion) S. Robson Walton ($68.9 billion) Alice Walton ($68.9 billion) Christy Walton ($68.9 billion)

#elon musk #world richest #spacex #bernard arnault

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