Who is the richest man in the world

The Microsoft founder has been a permanent fixture near the top of the rich list for the past 20 years, despite selling and then giving away much of his stake in the company. The American business magnate is co-founder, chairman and chief technology officer of Oracle. He owns around Internet entrepreneur Page is one of the co-founders of Google. Zuckerberg made his fortune after launching Facebook in at the age of 19, while studying psychology and computer science at Harvard University.

Along with Larry Page, Brin was a co-founder of Google. Until December , he was president of Alphabet Inc. Indian billionaire businessman Ambani is the founder and chairman of Reliance Industries. The company has interests in petrochemicals, oil and gas, telecom and retail. The Independent notes that, following his canonisation by the Russian Orthodox Church, he is also the richest saint in history.

Often cited as the richest person who ever lived, oil tycoon John D. Skip to header Skip to main content Skip to footer. Home News People. Sponsored Content. Based on demand projections for carbon credits, the voluntary carbon market could grow up to fold by Voluntary carbon markets are where carbon credits can be purchased by those that voluntarily want to offset their emissions.

According to the forecast from McKinsey , annual global demand for carbon credits could reach up to 1. This has steep implications for the voluntary carbon market: McKinsey estimates that in just a fraction of these totals were retired by buyers, at roughly 95 million metric tons.

A carbon credit represents one metric ton of greenhouse gas GHG emissions. As companies contend with time and technological gaps in reducing their emissions, they purchase carbon credits to help offset their emissions.

These purchases are facilitated by brokers who connect corporate buyers with project developers. Project developers create carbon offset projects, such as protecting mangroves or reforestation. These projects, in turn, generate carbon credits. Some projects also advance multiple United Nation Sustainable Development Goals by providing additional economic, social, educational, or biodiversity benefits.

Here is the transaction volume and value of the voluntary carbon markets. Driving this demand are corporate net-zero commitments , among other factors.

As bold action is being increasingly expected from shareholders, carbon credits will likely play a greater role in corporate climate strategy. Connect with us. Diversified Berkshire Hathaway This is fairly unsurprising considering how well Tesla stock has been performing over recent years. Where does this data come from? Please enable JavaScript in your browser to complete this form. Select personalised content.

Create a personalised content profile. Measure ad performance. Select basic ads. Create a personalised ads profile. Select personalised ads. Apply market research to generate audience insights. Measure content performance. Develop and improve products. List of Partners vendors. Below are the 10 individuals currently considered the wealthiest at the time of updating this article—Oct. On Oct.

Earlier this month, Musk surpassed Amazon Founder Jeff Bezos as the richest man in the world, though this wasn't the first time. In Jan. In , Jeff Bezos founded Amazon. In fact, he had originally pitched the idea of an online bookstore to his former boss David E. Though Amazon. At any rate, it is hard to dispute its self-description as the "Earth's most customer-centric company. On July 5, , Bezos stepped down as CEO of the e-commerce giant and transitioned to his new role as its executive chair.

On July 20, , Bezos, his brother Mark, aviation pioneer Wally Funk, and Dutch student Oliver Daemen completed Blue Origin's first successful crewed flight, reaching an altitude of just above 62 miles before landing safely. Elon Musk has had his hands in several different companies over the years. Originally enrolled at Stanford University, Musk deferred his attendance to launch Zip2, one of the earliest online navigation services.

A portion of the proceeds from this endeavor was then reinvested to create X. While both of these systems were eventually sold to other companies, Musk has maintained his status as CEO and lead designer of his third project, Space Exploration Technologies SpaceX , which aims to make space exploration more affordable. In , Musk became a major funder of Tesla Motors now Tesla , which led to him being retroactively declared a cofounder and his current position as CEO of the electric vehicle company.

In addition to its line of electric automobiles—which include sedans, sport utility vehicles SUVs , and the "Cybertruck" announced in —Tesla also produces energy storage devices, automobile accessories, merchandise, and, through its acquisition of SolarCity in , solar power systems. Neuralink is developing brain-machine interface devices to help individuals suffering from paralysis and potentially allow users to mentally interact with their computers and mobile devices. The Boring Company, meanwhile, develops boring machines for the purpose of drilling tunnels for underground public transportation systems, which would mitigate traffic congestion in major cities.

It also briefly sold a handheld flamethrower. The majority of his wealth, however, actually comes from his massive stake in Christian Dior SE, the holding company that controls His shares in Christian Dior SE, plus an additional 6.

He was invited to invest in LVMH in and became the majority shareholder, chair of the board, and CEO of the company two years later. While attending Harvard University in , Bill Gates went to work alongside his childhood friend Paul Allen to develop new software for the original microcomputers. In addition to being the largest software company in the world, Microsoft also produces its own line of personal computers, publishes books through Microsoft Press, provides email services through its Exchange server, and sells video game systems and associated peripheral devices.

Originally Microsoft's chief software architect, Gates later transitioned to the role of chair in He stepped down from both boards on March 13, In , Gates's two philanthropic organizations—the William H.

Through the foundation, he has spent billions to fight polio and malaria. In , alongside Warren Buffett, Bill Gates launched the Giving Pledge, a campaign encouraging rich individuals to commit to donating the majority of their wealth to philanthropic causes.

As Facebook began to be used at other universities, Zuckerberg dropped out of Harvard to focus entirely on his growing business. Facebook is the world's largest social networking service, enabling its users to create a personal profile, connect with friends and family, join or create groups, and much more.

As the website is free to use, most of the company's revenue is generated through advertising. Meta is also host to several other brands, including photo-sharing app Instagram, which it acquired in ; cross-platform mobile messaging service WhatsApp and virtual-reality—headset producer Oculus, both acquired in ; Workplace, its enterprise-connectivity platform; Portal, its line of video-calling devices; and Novi, its digital wallet for the Diem payment system.

Their charity seeks to leverage technology to fix societal ills, such as improving the access and quality of education, reforming both the criminal justice system and the U. The most famous living value investor, Warren Buffett filed his first tax return in at age 14, declaring his earnings from his boyhood paper route.

He first bought shares in a textile company called Berkshire Hathaway in , becoming the majority shareholder by He expanded the company to insurance and other investments in