Entrepreneurship is all about setting up a new business, bearing a lot of risks and getting most of rewards in the last. It is commonly seen as the innovations of unique ideas, having capability to run a business enterprise along with precariousness of loss and benefit of getting profits side by side. Entrepreneurs are the one who brings the new ideas in the market by replacing the old one with new invention. We have made a collection of top 10 richest entrepreneurs in the world. Which will give you idea how rich people are growing in 2022.
As Peter Drucker says
“The entrepreneur always searches for change, responds to it and exploits it as an opportunity”
In this article, we will have brief discussion about top 10 entrepreneurs of the world.
Elon Musk, an idealistic entrepreneur, with a total net worth of $244 billion, ranked at the top richest people of the world. He co-founded the world’s largest electric vehicle company Tesla and established the technology platform for digital payment X.com which was merged with money transfer firm Confinity later after known as PayPal. He is working to modify transportation not only on Earth but also in space via rocket producer SpaceX which aims to make space exploration affordable. He refused to take criticism personally and succeeded in all of his missions. He was listed among Times Magazine’s 100 Influential People 2021 and was declared as “Person of the year’21” by chief editor of the Times Magazine, Edward Felsenthal.
Bernard Arnault , a French entrepreneur, is the chief executive of the world’s greatest luxury goods company LVMH Moet Hennessy- Louis Vuitton SE. LVHM has an enduring imprint on the fashion industry on behalf of the company’s possession giving continuous profit. It covers 75 international renowned brands including Louis Vuitton, Christian Dior, Sephora, Moet et Chandon, and Hennessy. He contributed a lot in promoting Arts. He organized a Young Fashion Designer competition which gives opportunity to students from fine art schools all over the world. He was also known as the owner of an art auction house’ Phillips de Pury and Company from 1999 to 2003. Apart from being an owner of LVHM and Phillips de Pury and Company, he has shown interest in further investment and has invested in Netflix and Blue Capital and shared a major control in French food chain Carrefour. He also showed interest in investing in Boo.co, buying Princess Yachts outright and other online endeavors. He is the richest man in the Europe and the made himself among the richest people of the world with a net worth $191 billion.
Jeff Bozos, a successful entrepreneur, is the founder of a renowned e-commerce company, Amazon ( an e-commerce platform that is open 24/7, and is the largest vendor on the World wide web and a model for Internet sales ). Aside from Amazon, he set up a spaceflight company’ Blue Origin in 2000 that is developing rockets for commercial use and he also purchased post of The Washington Post (an American popular newspaper) for $250 million in 2013. His company Amazon proliferated more during Covid19 as people stayed home and the ratio of online purchases increases which resulted 38% increased growth in his net worth to $187 billion. His successful business ventures have made him one of the richest person of the world.
Bill Gates is the name that everyone has heard about. William Henry Gates – Bill Gates is an American Software Developer and a successful entrepreneur, is not only the founder of the Microsoft company (which is known as the world’s largest computer software company) but also had investment in dozens of the well thought companies including Canadian National Railway, Four Seasons Hotels and Resorts and Corbis Cooperation. Apart from richest person, he and his wife’ Melinda, are well known for charity and are at the top of the list of social activist. Their foundation “Gates Foundation” is the world’s largest charitable foundation. Forbes magazine’s list of the World’s top billionaires, has ranked him as the world’s richest person with a total net worth $131 billion
Larry Ellison is one of the successful entrepreneur who founded the Software Company Oracle Corporation. He dropped down his position of chief executive officer after serving as CEO for 37 years, still he remained get in touch with the company serving as chairman & chief technology officer. His company’ Oracle is is one of the most successful technology company of the world. Apart from being having the ownership of Oracle’ he also owns more than 40% of the Austin, joined Tesla’s company after purchasing 3 million of its shares in 2018. He got possession on dozens of software companies including PeopleSoft, Siebel, BEA, and Sun Microsystem. He has been admired by the people for his severe business methods and conspicuous consumption. His 98% acquisition of Hawaiian island Lanai, made his personal fortune worth about $112 billions.
Larry Page is an American successful entrepreneur and computer scientist who founded the colossal search engine company’ Google, with the aim of improving people’s everyday lives by making technology more accessible to all. Larry along with his friends, launched latest version of Google sites in 2008 and they developed the Google Apps Marketplace in 2010 and after the successful innovations of the Google, he became the CEO of the Alphabet‘ a parent of Google. Apart from Google, he is known as the renowned investor in Planetary Resources ( a space exploration company) and in Flying cars. He is one of the richest internet entrepreneurs in history with a total net worth $112 billions.
Warren Buffett, famed as “Oracle of Omaha” is one of the greatest investor of all the time. He is the CEO of Berkshire Hathaway, which owns more than 60 companies, including an insurance company Geico, battery making company Duracell, and a restaurant chain- Dairy Queen. He is the legendary investor who well known because of his idea of turning a textile mill with great downfall into a successful textile mill which holds to be as the world’s most successful company. He highly supports philanthropy and from his personal fortune, he donated 10 million shares to Gates Foundation. He had been in favor of humanitarian activities, giving money away for 40 years through his foundation named as Susan Thompson Buffett Foundation. According to Forbes, with a total net worth of $110 billion, he is amongst the richest entrepreneur of the world.
Mark Zuckerberg is one of the youngest successful and richest entrepreneur of the world who co-founded the a well known social site’ Facebook. He made Facebook with his friends in 2002 and made him public in 2012 and now owns 12% of the company’s stock. Apart from Facebook, Zuckerberg along with his friends, he launched file sharing service known as Wirehog in 2007. In 2013, he launched his another successful site’ Internet.org which proves to be helpful in providing internet access to 5 billion people. He also created a of Social Sail spacecraft development project Breakthrough Starshot in 2016. After his successful entrepreneurship, his personal fortune increases to $107 billion.
Mukesh Ambani is an Indian successful entrepreneur who is the chairperson and managing director of the Indian Reliance Industries Limited which is known to be as the greatest Indian company not only with the world’s largest oil refining complex but also has interest in petrochemicals, telecom and retail. After getting into limelight with great success, he decided to introduce the first Reliance textile mill in 1966. His company Reliance is well known in launching the 4G phone service Jio across the India in 2016. He gave a third of Jio to other investors’ including Facebook and Google, and increased his personal fortune more than $20 million and now enlisted as one of the richest and successful entrepreneur with a total net worth $95 billions.
Steve Ballmer is an American Billionaire entrepreneur and a great shareholder who worked as the CEO of the Microsoft from 2000 to 2014. He is also the founder of Los Angeles’s renowned sport association’ National Basketball Association (NBA). After replacing Bill Gates from Microsoft, he decided to expand the site with new releases’ Bing and Skype. He is a philanthropy and has invested $59 million in Social Solutions‘ a software for nonprofit government agencies. He is one of the richest entrepreneur of the world with total net worth $94 billion.
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