Home Lifestyle Crazy Numbers From Forbes Billionaires Ranking 2022: Everything You Always Wanted To Know About Billionaires But Were Afraid To Ask!

Crazy Numbers From Forbes Billionaires Ranking 2022: Everything You Always Wanted To Know About Billionaires But Were Afraid To Ask!

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The 2,668 billionaires on the planet make up a fortune estimated at $12.7 trillion (€11.6 trillion). Here are some key figures for the billionaires ranking in 2022.

The pandemic and stock market slump have dented the fortunes of many of the world’s wealthy this year. Forbes listed 2,668 billionaires worldwide in its 2022 ranking of billionaires, down from last year’s record of 2,755. Together, they are worth $12.7 trillion, up from $13.1 trillion in 2021, a record.

A total of 329 people left the billionaires list this year, the highest number since the 2009 financial crisis. The figure includes the 169 people who made it to the list in 2021, including Bumble’s Whitney Wolfe Herd and Peloton’s John Foley.

However, 236 newcomers joined the ranks this year, including the pop star RihannaLord of the Rings director Peter Jackson and investor Josh Kushner. Barbados, Bulgaria, Estonia and Uruguay welcomed their first billionaires. Despite a volatile year, 1,050 billionaires are richer than they were a year ago.

Elon Musk She topped the world rankings for the first time. As of March 11, when we tallied net worth, Elon Musk had a fortune of about $219 billion, having earned $68 billion last year, thanks to a 33% increase in the share price of electric car maker Tesla. transcend Jeff BezosWhich fell to second place for the first time in four years due to a 3% decline in the share price. Amazon and increased charitable donations, which reduced his net worth by $6 billion. French luxury tycoon Bernard Arnault, who added $8 billion to his fortune last year, remains the third richest person in the world. Bill Gates and Warren Buffett complete the top five.

Eighty-six members of the list are under the age of forty, including newcomers like Melanie Perkins, 34, co-founder and CEO of graphic design platform Canva, and Vlad Yatsenko, 38, co-founder and chief art director of digital bank Revolut. Even more impressive: 12 people under the age of 30 featured in the rankings this year, including the world’s youngest billionaire, 19-year-old Kevin David Lehmann, heir to a German pharmacy chain, and newcomer Gary Wang, 28-year-old Bahamian American participant . Founder of cryptocurrency exchange FTX, one of the 19 billionaires who got rich through crypto and blockchain technology.

What countries have the most billionaires?

The United States still prevails, however 735 billionaires are citizensup 11 from 2021. Three-point clubs in China and Russia have shrunk within the past year.

The United States still has more billionaires than any other country, with 735 people, up from 724 last year. China ranks second with 607 (including Hong Kong and Macau), followed by India (166), Germany (134) and Russia (83).. India’s Mukesh Ambani remains the richest person in Asia. His fortune is estimated at 90.7 billion dollars, and he retained the tenth position in the world, which allowed him to outperform compatriot Gautam Adani, whose fortune increased by about 40 billion dollars, to reach 90. billion, thanks to the rise in stocks. of its publicly traded companies.

The largest losses were recorded in Russia and China. Vladimir Putin’s invasion of Ukraine – and the ensuing collapse in sanctions – crashed the Russian stock market and the ruble, reducing the number of Russian billionaires on the list by 34. The fortunes of the 83 Russians who held billionaire status are almost all stagnant or regressed from a year earlier. The total wealth of Russian billionaires has shrunk by more than $260 billion, according to our calculations, from $584 billion last year to $320 billion this year. China’s ultra-rich have fared no better, with Chinese nationals down 87 in the 2022 rankings, amid a government crackdown on tech companies, weak stocks and struggles in the real estate sector. In total, Chinese billionaires lost about $500 billion compared to last year, with a value of $1.96 trillion, compared to $2.5 trillion in 2021.

Forbes has identified 327 billionaires worldwide. Most of them inherited their fortunes, including the richest woman in the world, Françoise Bettencourt Meyers, whose grandfather founded the cosmetic giant L’Oreal. But the 101 women on the list are self-made billionaires, the richest of whom is Fan Hongwei, who heads Chinese chemical fiber supplier Hengli Petrochemical and is worth an estimated $18.2 billion.

Total number of billionaires and their combined wealth

exist 19 times the number of billionaires in the world than in 1987, when Forbes began tracking this topic. Today they are 4,200% richer in nominal dollars, or 1,600% after adjusting for inflation.

In total, 1891 billionaireor 71% of the list (up from 72% last year), are self-taught, which means they have founded or co-founded a business or built their own wealth (as opposed to inheriting).

Besides the 329 people whose wealth has fallen below the $1 billion level this year30 other billionaires died, including Publix supermarket heiress Carol Jenkins Barnett, who was 65, and Edward Johnson III, 91, who succeeded his father as head of Fidelity in 1977 and made it one of the largest American fund managers.

Forbes used stock prices and exchange rates on March 11 to calculate net worth. (For the 2021 list, we measured wealth on March 5, 2021.) See here for the full list of the world’s billionaires and our methodology. For a daily update of the 2,668 billionaires’ net worth, see here.

Translated article from Forbes US – Author: Chase Peterson-Withorn

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