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> World

The Richest People on Earth (infographic)

Seven out of ten are US citizens

Newsroom April 6 04:02

A million seconds are close to 12 days, a billion seconds amount to almost 32 years. According to the Bloomberg Billionaires Index, Tesla founder Elon Musk has accumulated a net worth of some $238 billion. If the 50-year old started spending a dollar each second (without accumulating further wealth and the dollar not inflating or deflating), his current riches would last him more than 7,600 years.

Musk leads the ranking of the world’s richest people published by Bloomberg. Like him, almost all of the ten richest people on this globe have made their fortunes with businesses run out of the United States. Luxury magnate Bernard Arnault of France, whose conglomerate LVMH encompasses brands like Louis Vuitton, Christian Dior, Givenchy, Moët and Hennessy, is one of the exceptions. Reliance Industries chairman and Indian national Mukesh Ambani currently sits in rank 10 with a net worth of $89 billion.

The company Ambani inherited started out in synthetic textiles but moved on to become a conglomerate spanning petrochemicals, retail and telecommunications. He made headlines in October of last year when briefly entering the exclusive club of those having $100 billion dollars or more to their name – the 11th individual to do so.

With the coronavirus still causing frequent stock market upsets, Ambani’s net worth is currently below that line. Another incident that might unsettle the multi-billionaire: Fellow Indian Gautam Adani is sneaking up on him in the billionaires ranking. The founder of Adani Group, India’s largest port operator, even briefly overtook Ambani for net worth on Monday. Gautam Adani’s wealth has grown impressively over the last few years, making it likely that he will eventually pull ahead of Ambani or even more of the world’s top 10 of super-rich individuals.

Infographic: The Richest People on Earth | Statista

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