Web Desk — Who are the richest people in the world, what is their net worth and how did they make their fortune? Here is a brief detail about the richest people in the world.

Elon Musk – $219 billion
According to Forbes Magazine, Elon Musk is the richest person in the world with an estimated fortune of $219 billion.

Personal Life and Education
Born in South Africa, he grew up in Pretoria before moving to Canada to study at Queen’s University. Musk eventually transferred to the University of Pennsylvania before moving to California, where he decided to pursue his ideas for business, instead of his education and it paid off.

How Musk Started Business Career?
His first software startup, Zip2 was bought in 1999 for $307 million. He went on to co-found Paypal, which sold to eBay in 2002 for $2.5 billion. Musk founded SpaceX in 2002 and runs electric vehicle maker Tesla, of which he is a shareholder.

Musk Buys Twitter
In April 2022, Musk successfully bought the social media network Twitter for $44 billion. Musk says Twitter has lot of potential and he will unlock it.

Musk’s Family Life and Children
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.

Controversies
However, Elon Musk has not been without controversy. His 2018 comments about the Tham Luang cave rescue led to a defamation case after he called the rescuer a “pedo guy” on Twitter, the case went to trial in 2019, with Musk winning the case.

Musk has also been called into question over his comments on Covid-19 criticizing lockdowns and questioning the effectiveness of Covid-19 testing.

Jeff Bezos – $171 billion
Jeff Bezos is the second richest man in the world. According to Forbes Magazine his estimated net worth of $171 billion.

How did Jeff Bezos Start Business?
Bezos is originally from Albuquerque, New Mexico and famously started the company from a garage in his home. Amazon started off selling books, but by the early 2000s, it had expanded offering everything you could think of, from electronics to furniture and toiletries.

Properties
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.

Jeff Bezos’s Marriage life
Jeff Bezos 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.

Controversies
Bezos’s company Amazon has been called into question due to its tax avoidance, with the organization Ethical Consumer calling for an Amazon boycott.

There have also been concerns about the treatment of staff: in April 2022, warehouse employees in Staten Island, New York, successfully voted in favour of unionizing. 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.”

Bernard Arnault & family – $158 billion
The Bernard Arnault Family is the third richest family in the world and according to Forbes Magazine, the family has an estimated net worth of $158 billion.

Family Bussiness Details
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.

Family Background
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.

Marriage Life and Children
Currently based in Paris, France, Arnault is married to concert pianist Helene Mercier. The couple has five children, with four of them – Frédéric, Delphine, Antoine, and Alexandre, working in the family business.

Bill Gates – $129 billion
Bill Gates is the fourth richest person in the world with an estimated net worth of $129 according to Forbes Magazine.

How did Bill Gates Start?
Gates made his fortune through the software company Microsoft, which he co-founded with Paul Allen in 1975.

Marriage Life and Divorce
He was married to Melinda Gates for 27-years until their divorce in 2021. The pair formed the Bill and Melinda Gates Foundation, which they still co-chair together.

Melinda Gates Foundation
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.

Bill Gates Sex Scandal
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.”

Warren Buffet – $118 billion
According to Forbes Magazine, Warren Buffet is the fifth richest person in the world, with an estimated net worth of $118 million.

Family Background and Business
Buffet was the son of a US congressman and bought and sold his first stock at age 11, earning himself the nickname the, ‘Oracle of Omaha.’ He runs Berkshire Hathway which owns companies including Dairy Queen.

In 2006 he pledged to give away 99% of his fortune and so far has given away $45 million. Unlike many of the other billionaires on this list, Buffet still lives in the same house in Omaha Nebraska that he bought in 1958 for $31,50, before he made his fortune.

Who are the Top 10 richest people in the world?

According to Forbes Magazine, the top 10 richest people in the world are: