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sisaarti26 · 1 year
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https://pik-mik.com/mukesh-ambani-net-worth-2023-asset-incomeearly-life/
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livemintvideos · 1 year
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Mukesh Ambani and Gautam Adani, two of India's biggest businessmen, are about to invest roughly $70 billion each by the end of this decade to make green hydrogen affordable, including renewable energy plants, large-scale photovoltaic cell manufacturing, electrolyzers, storage, and transportation facilities, and other components of the hydrogen ecosystem. The government declared it would cover the cost of renewable energy used to create hydrogen at a location other than the source of the power.
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reportwire · 1 year
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An Indian is leading the world’s billionaire list in terms of wealth creation in 2022
An Indian is leading the world’s billionaire list in terms of wealth creation in 2022
Gujarat’s very own Gautam Adani, the chairman and founder of the Indian multinational conglomerate Adani Group, outdid all the world’s top billionaires in terms of wealth creation in 2022 far. All thanks to the ongoing rally in the group’s stocks. With a rise of $59.1 billion year-to-date (YTD) in total net worth, the entrepreneur is the third richest individual in the world. His total net worth…
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friedkingtale · 2 years
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newsmrl · 4 months
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Elon Musk: person who earns $3237.35 per minute ₹100 crore in Indian currency every hour
NEW YORK: According to Bloomberg Billionaires Index, Elon Musk’s net worth is now (as of December 27, 2023) $239 billion. This year alone there has been an increase of 101 billion dollars. If we look at it at the rate of Rs 83.27 per dollar, then this amount is ₹ 84,10,27,00,00,000 crore. If we divide it by 361 then this amount will be ₹ 23,29,71,46,814. That means, last year, Musk added an…
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sageglobalresponse · 1 year
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Full list of Forbes’ 25 world billionaires in 2023
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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.)
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chosetherose · 1 year
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1/25/23
Mukesh Ambani eyeing Thrive Capital stake
A group of global billionaires worth at least $123 billion are buying a stake in Thrive Capital, the venture-capital firm founded by Josh Kushner.
India’s Mukesh Ambani, Brazil’s Jorge Paulo Lemann and France’s Xavier Niel will join KKR & Co. co-founder Henry Kravis and Walt Disney Co. Chief Executive Officer Robert Iger in investing $175 million to purchase a 3.3% stake in Thrive.
“These extraordinary operators have built storied institutions, achieved geographic preeminence, ushered beloved brands to even greater heights, and pioneered entirely new industries,” Thrive said in a statement on Tuesday posted on Medium.
The deal values Thrive at $5.3 billion, up from $3.6 billion in 2021, when it sold a stake to a unit of Goldman Sachs Group Inc., according to a spokeswoman for New York-based Thrive. Its total assets under management reached $15 billion last year.
Thrive has repurchased the stake sold to Goldman Sachs and the stake held by the new syndicate is the same, Thrive said on Medium. The Wall Street Journal first reported details of the stake sale.
The investment represents a collection of some of the richest people from across the globe.
Ambani is the world’s 12th richest person, with a $84.7 billion fortune, according to the Bloomberg Billionaires Index. Lemann, with a net worth of $21.1 billion, is Brazil’s wealthiest individual. Kravis is worth $9.5 billion and Niel has an $8.1 billion personal fortune, according to the index.
“A lot of these folks have been involved in my life for quite a bit of time,” Kushner, 37, said in an interview with the Journal. “Now they actually have a vested stake in the firm’s success.”
Thrive was founded in 2009 by Kushner, the younger brother of Jared Kushner, the son-in-law of former President Donald Trump who served as a senior White House adviser under his administration.
It has invested in firms including Oscar Health Inc., Compass Inc., Affirm Holdings Inc., Opendoor Technologies Inc., Unity Software Inc., Hims & Hers Health Inc. and SKIMS, an underwear company created by Kim Kardashian.
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smtfinmedia · 11 days
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Mumbai Surpasses Beijing as Asia's Premier Billionaire Hub
Mumbai, the financial heart of India, has marked a significant milestone by surpassing Beijing as Asia's premier billionaire hub, according to the latest report from the Hurun Research Institute. With a staggering count of 92 billionaires, Mumbai has solidified its reputation as a thriving center for wealth creation, underscoring India's economic prowess on the global stage.
The "Hurun Global Rich List 2024" report highlights Mumbai's rapid ascent, labeling it as the world's fastest-growing billionaire hub. In the span of a year, Mumbai welcomed 26 new billionaires, catapulting it to third place globally and firmly establishing its status as Asia's billionaire capital. Moreover, this surge in wealth has propelled New Delhi into the top 10 billionaire cities for the first time, further emphasizing India's economic dynamism.
India's economic strength is underscored by the remarkable surge in its billionaire population. With the addition of 94 new billionaires, second only to the United States, India now boasts a total of 271 ultra-high-net-worth individuals. This surge, the highest since 2013, reflects growing confidence in the Indian economy, as noted by Rupert Hoogewerf, the institute's chairman and chief researcher.
The report sheds light on the pivotal role played by various industries in fueling India's billionaire surge. The pharmaceutical sector leads the pack with 39 billionaires, followed by automobile and auto components with 27, and chemicals with 24. Collectively, Indian billionaires hold a staggering $1 trillion, representing 7% of global billionaire wealth, underscoring the nation's significant economic impact on the world stage.
At the forefront of India's billionaire list stands Mukesh Ambani, chairman of Reliance Industries, boasting a net worth of $115 billion. Following closely is Gautam Adani, founder of the Adani Group, with assets worth $86 billion, reflecting a $33 billion increase attributed to a surge in his companies' shares.
While India's billionaire count soared, China experienced a decline, with key regions such as Hong Kong, Shenzhen, and Shanghai witnessing downturns of 20%, 19%, and 7%, respectively. This decline can be attributed to challenges in the real estate and renewable energy sectors, coupled with sluggish performance in Chinese stock markets.
The report also highlights a significant merger between India's Reliance Industries and Walt Disney, culminating in the formation of an $8.5 billion entity aimed at consolidating their television and streaming assets, with aspirations to dominate the global entertainment industry.
The list of top countries ranked by billionaire count showcases India's ascent, with the United States leading, followed by China and then India. The top 10 richest individuals globally include luminaries such as Elon Musk, Jeff Bezos, and Mukesh Ambani, with Ambani representing India's presence among the wealthiest individuals worldwide.
In terms of cities with the highest number of billionaires, Mumbai's rise is notable, securing the third position behind New York and London. The presence of Mumbai alongside established financial centers like New York and London underscores its growing importance in the global economic landscape.
In conclusion, Mumbai's emergence as Asia's premier billionaire hub signifies India's growing economic clout and underscores the city's role as a beacon of wealth creation in the region. With its vibrant business ecosystem and entrepreneurial spirit, Mumbai is poised to continue its upward trajectory, further cementing its status as a key player in the global economy.
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pressnewsagencyllc · 24 days
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Nikhil Kamath is India's youngest billionaire — Who else is on the Forbes' list?
Zerodha founders Nithin and Nikhil Kamath, and Flipkart founders Sachin and Binny Bansal have emerged as India’s youngest billionaires. 37-year-old Nikhil Kamath leads the list with a net worth of $3.1 billion according to the Forbes Billionaires List 2024. Meanwhile Mukesh Ambani remain the country’s richest individual with a net worth of $116 billion. He is followed by Gautam Adani who ranks…
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twnenglish · 1 month
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Highest Paid CEOs in India 2024: Who Earns the Most?
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The Top 10 CEOs in India are awarded with goodwill accounts
1. Mukesh Ambani - CEO of Reliance Industries Ltd
The Early life of Mukesh Ambani
Mukesh Ambani Birth- Mukesh Ambani was born on April 19, 1957, (66 Years) in the British Crown colony of Aden (present-day Yemen) to Dhirubhai Ambani and Kokilaben Ambani. He hails from a Gujarati Hindu family and has a younger brother, Anil Ambani, and two sisters, Nina Bhadrashyam Kothari and Dipti Dattaraj Salgaonkar.
Mukesh Ambani Net worth: 11,110 crores USD
Mukesh Ambani Awards –
NDTV Business leader of the year 2010m The Ernst and Young Entrepreneur of the Year 2000.
The Best Mukesh Ambani Quote –
“Everybody has equal opportunity and I think that is true for everything”.
Background and Leadership of Mukesh Ambani
Education: Mukesh attended Hill Grange High School in Mumbai, where he met his close associate Anand Jain.
After secondary schooling, he studied at St. Xavier’s College, Mumbai.
He received a Bachelor of Chemical Engineering (B.E.) degree from the Institute of Chemical Technology.
Although he was admitted to Stanford University for an MBA, he left the program to contribute to the family business.
Leadership: Mukesh D. Ambani serves as the Chairman and Managing Director of RIL.
 Under his guidance, Reliance has achieved significant milestones across various sectors.
Mukesh Dhirubhai Ambani, the CEO of Reliance Industries Ltd., holds a formidable 44.7% ownership in the company, establishing him as a significant influencer in the business landscape. As one of Asia's wealthiest individuals, Ambani's strategic leadership has propelled Reliance Industries to unprecedented heights. His annual remuneration of around 15 crores solidifies his position as one of India's highest-paid CEOs.
Under Ambani's direction, Reliance has flourished across various sectors, notably in telecoms and petrochemicals, cementing its status as a corporate powerhouse. Ambani's relentless pursuit of innovation and visionary leadership has not only elevated Reliance on the Indian economic stage but has also earned him global recognition as a business legend. Renowned for his entrepreneurial spirit and strategic acumen, Ambani serves as an inspiration to leaders and entrepreneurs worldwide.
To Read This Full ARTICLE, Click Here
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gazetteweekly · 1 month
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Mukesh Ambani — Founder And Chairman, Reliance Industries
Mukesh Ambani is the founder and chairman of Reliance Industries Limited, India’s most valuable company by market capitalization. He is also one of the richest people in the world, with a net worth of over $90 billion.
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Ambani was born in 1957 into a Gujarati Hindu family in Aden, Yemen. His father, Dhirubhai Ambani, was a textile merchant who founded Reliance Industries in 1966. Ambani studied chemical engineering at the University of Mumbai and then earned an MBA from Stanford University.
After graduating from Stanford, Ambani joined Reliance Industries in 1981. He played a key role in the company’s diversification from textiles into petrochemicals and refining. Ambani also led Reliance’s expansion into new businesses, such as telecommunications and retail.
In 2002, after the death of his father, Ambani became the chairman of Reliance Industries. Under his leadership, the company has continued to grow and diversify. Reliance Industries is now one of the largest private sector companies in India, with interests in a wide range of industries, including petrochemicals, refining, telecommunications, retail, and renewable energy.
Ambani is a visionary leader who is known for his bold business decisions and his relentless focus on innovation. He is also a strong advocate for Indian industry and for the country’s economic development.
Here are some of Ambani’s key achievements:
He led Reliance Industries’ diversification from textiles into petrochemicals and refining, making it one of the largest petrochemical and refining companies in the world.
He launched Reliance Jio, India’s largest telecom operator, which has revolutionized the telecom industry in India.
He launched Reliance Retail, India’s largest retailer, which has modernized the retail sector in India.
He is investing heavily in renewable energy, with the goal of making Reliance Industries a global leader in this sector.
Ambani is a respected business leader and a philanthropist. He is also one of the most influential people in India.
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mercaritee · 1 month
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Wait I’m Goated Epic Goat Beer Shirt
Wait I’m Goated Epic Goat Beer Shirt, hoodie, tank top, longsleeve
Efan’s oversized sweatshirts are up to 21% off, so you can truly recreate J.Lo’s look for less. This comes in 20 colors, including earthy tones like coffee gray and cooler-toned beige tones. Wear it with leggings until spring arrives, then swap out for biker shorts or a sundress as the Wait I’m Goated Epic Goat Beer Shirt Apart from…,I will love this weather heats up. After dressing for the Prada show during Milan Fashion Week, it looks like Lily James is ready for something comfortable. She was spotted at the airport wearing a $248 Alo Yoga puffer jacket and a pair of loose, travel-friendly pants, also from the celeb-favorite athleisure brand . She created a highlight with Superga sneakers , one of Kate Middleton’s favorite shoe brands.
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Which brings us to Alo Yoga’s High-Waist Wide-Leg Pants. They should be even more bouncy than previously recommended because they have wide legs like James. One shopper said they were “better than expected”, adding: “I thought these would be more like sweatpants, but I’ve also worn them to a casual dinner and received compliments ”. Ambani , 28, also confirmed to Chan that the Wait I’m Goated Epic Goat Beer Shirt Apart from…,I will love this watch belonged to Richard Mille. Although Ambani did not specify the model, the Daily Mail reported that the watch is believed to be the RMS-10 Tourbillon Koi Fish, made of 18K rose gold and with a diamond-studded bezel. The New York Post reported that the watch was worth an estimated $1 million, a fraction of the $116 billion Forbes estimated for Mukesh’s father. Ambani’s net worth is like that.
Buy this shirt:  Wait I’m Goated Epic Goat Beer Shirt
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latestglobalnewswala · 2 months
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Anant-Radhika Wedding: A Glimpse into the Combined Net Worth
The recent Pre-wedding of Anant Ambani and Radhika Merchant has captured the attention of the nation, not just for its extravagant celebrations but also for the combined wealth they bring together. As two prominent figures from affluent families, their union offers a fascinating insight into the immense riches that surround them.
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Anant Ambani: A Scion of the Ambani Empire
Anant Ambani, the youngest scion of the Ambani dynasty, inherits a legacy of unparalleled wealth. As the son of Mukesh Ambani, the Chairman and Managing Director of Reliance Industries Limited, Anant is part of one of the wealthiest families in India. With interests spanning across sectors such as petrochemicals, telecommunications, and retail, the Ambani empire is a cornerstone of the Indian economy. Anant's personal net worth is estimated to be in the billions, although exact figures are closely guarded secrets within the Ambani family.
Radhika Merchant: Hailing from a Family of Wealth
Radhika Merchant, the bride, is no stranger to affluence herself. She comes from a family with substantial financial holdings, with her father, Viren Merchant, serving as the Vice Chairman of Encore Healthcare Pvt. Ltd. While specific details about her personal net worth are not readily available, her family's background suggests a significant level of wealth and influence.
The Combined Net Worth: An Intriguing Calculation
Estimating the combined net worth of Anant and Radhika involves considering the vast assets and holdings of both families. The Ambani family's wealth is primarily derived from Reliance Industries, which boasts a diverse portfolio of businesses and investments. Additionally, the family owns luxurious properties, including the opulent Antilia, which is often touted as one of the most expensive residences globally.
While Radhika's family may not command the same level of public attention as the Ambanis, their financial standing is undoubtedly substantial, given her father's prominent position in the healthcare industry.
Beyond Wealth: A Union of Families
It's essential to recognize that the wedding of Anant and Radhika is more than just a merger of fortunes. It symbolizes the coming together of two influential families and the celebration of love amidst opulence. While their combined wealth is undoubtedly impressive, it's crucial to remember that true happiness lies in the bonds of love and companionship rather than material riches.
Conclusion: Wealth, Love, and Union
In conclusion, the pre-wedding of Anant Ambani and Radhika Merchant offers a glimpse into the combined net worth of two influential families. While their financial standing is undoubtedly significant, it's essential to view their union through the lens of love and companionship rather than merely through the prism of wealth. As they embark on this new chapter of their lives together, Anant and Radhika serve as a reminder that love knows no bounds, transcending the barriers of wealth and status.
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supatainmentbuzz · 2 months
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🌟💍👸🕺💃🎥 Rihanna was there: 140 million euros for a wedding shower for the super-rich | Entertainment This wedding is out of this world!2300 dishes, 1200 guests, 66 chefs – Anant Ambani (28), the offspring of the Indian oil tycoon Mukesh Ambani (66, net worth: 115 billion dollars), celebrated a s...... 🎶🏆💔📸🎉
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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?
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taazatimer · 3 months
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Gautam Adani - Asia's richest person, overtook Mukesh Ambani.
Gautam Adani has gone through a tumultuous journey in the last 7 days. A tremendous rise was seen in the shares of Adani Group companies. Adani Enterprises shares rose 10.90%, Adani Ports and Special Economic Zone shares rose 9.47%, Adani Wilmar shares rose 7.71% and Adani Power shares rose 6.68%. Due to this rise, Gautam Adani's net worth increased by $11 billion and he once again became the richest person in Asia. Read More.
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