There are an estimated 2,755 billionaires in the world, according to Forbes Magazine.
However, the entrepreneur is still the richest person in the world, and he isn’t the only one, with the number of billionaires actually going up year on year.
Who are the richest people in the world, what is their net worth and how did they make their fortune?
Elon Musk - $214.9 billion
Born in South Africa, he grew up in Pretoria before moving to America to study at the University of Pennsylvania.
His first software startup, Zip2 was bought in 1999 for $307 million and he went on to co-found Paypal, which sold to eBay in 2002 for $2.5 billion.
He founded SpaceX in 2002 and runs electric vehicle maker Tesla, of which he is a shareholder.
Musk has been married twice and has eight children.
His most recent relationship was with singer Grimes, with whom he has two children, a son named, X Æ A-12 and a daughter called Exa Dark Sideræl.
He was previously in a relationship with Amber Heard and offered her round-the-clock security after her divorce from Johnny Depp.
In 2020, Musk was involved in Depp’s high-profile libel case in London, with texts between him and the actress shared during the trial
He was not asked to testify or take part in Depp’s latest defamation trial which took place in Fairfax, Virgina.
Taking to Twitter, Musk cited concerns about fake accounts on the platform as the reason, tweeting: “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users”
Bernard Arnault & family - $138.7 billion
The Bernard Arnault Family is the third richest family in the world, with an estimated net worth of $138.7 billion.
The 73-year old French billionaire oversees 70 of the world’s most famous fashion and beauty brands including Louis Voulton, Tiffany & Co and Sephora.
Arnault came from a wealthy family, with his family owning a successful construction business.
He broke into the industry in 1985 after using $15 million from his father’s business to buy Christian Dior.
Currently based in Paris, France, Arnault is married to concert pianist Helene Mercier.
The couple have five children, with four of them - Frédéric, Delphine, Antoine and Alexandre, working in the family business.
Jeff Bezos - $131.2 billion
Jeff Bezos is the third richest person in the world, with an estimated net worth of $135.7 billion.
Bezos is originally from Albuquerque, New Mexico and famously started Amazon from a garage in his home.
The company began by selling books, but by the early 2000s it had expanded offering things from electronics to furniture and toiletries.
Bezos owns several apartments in New York City, homes in Washington, California and Washington DC and a ranch in Texas which is the private base for his company Blue Origin which ferried tourists into space in 2021.
He was married to MacKenzie Bezos for 25-years and the pair have four children together.
Their divorce was announced in 2019, with Bezos announcing his relationship with Lauren Sanchez in the same year.
His company Amazon has been called into question due to its tax avoidance, with the organisation Ethical Consumer calling for an Amazon boycott.
There have also been concerns about treatment of staff: in April 2022, warehouse employees in Staten Island, New York, successfully voted in favour of unionising.
Union leader Chris Smalls said: “We want to thank Jeff Bezos for going to space because while he was up there we were signing people up."
Bill Gates - $120.8 billion
Bill Gates is the fourth richest person in the world with an estimated net worth of $123.9 billion.
Gates made his fortune through the software company Microsoft, which he co-founded with Paul Allen in 1975.
He was married to Melinda Gates for 27-years until their divorce in 2021.
The pair formed the Bill and Melinda Gates Foundation, of which they still co-chair together.
The foundation supports global health initiatives around the world, including improving global sanitation and working to eradicate diseases such as Malaria and Aids.
It’s estimated that Gates has donated $35.8 billion worth of Microsoft stock to the Foundation and it is currently the largest private donor to the World Health Organisation.
Gates has been met with controversy, namely due to his relationship with convicted sex offender Jeffrey Epstein, which according to the New York Times started in 2011, after his first conviction.
Speaking in an interview on the PBS Newshour Show in 2021, he said: “You know, I had dinners with him... I regret doing that.
“He had relationships with people he said would give to global health, which is an interest I have. Not nearly enough philanthropy goes in that direction.
“Those meetings were a mistake. They didn’t result in what he purported. And I cut them off. That goes back a long time ago now. There — so there’s nothing new on that.”
Mukesh Ambani - $95.9 billion
Mukesh Dhirubhai Ambani is an Indian businessman, chairman, managing director and largest shareholder of Reliance Industries Ltd. (RIL).
The Fortune Global 500 company is the most valuable company in India by market value.
Ambani has a net worth of $95.9 billion, making him the richest person in Asia and the fifth richest person in the world.
He married his wife Nita in 1985 and the pair have three children, two sons, Akash and Anant, and a daughter, Isha.
Their 27-storey family home in Mumbai has been valued at $1 billion.
The huge complex features a 160-car garage, three helipads and a fleet of 600 staff members.
Who are the Top 10 richest people in the world?
According to Forbes Magazine real-time billionaire list, the top 10 richest people in the world are:
- 1: Elon Musk: $214.9 billion
- 2: Bernard Arnault & family: $138.7 billion
- 3: Jeff Bezos: $131.2 billion
- 4: Bill Gates: $120.8 billion
- 5: Mukesh Ambani: $95.9 billion
- 6: Gautam Adani & Family: $93.6 billion
- 7: Larry Ellison: $93.3 billion
- 8: Warren Buffet: $93.2 billion
- 9: Larry Page: $92.4 billion
- 10: Sergey Brin: $88.9 billion