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Elon Musk is The Word's Richest Person in 2022

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Forbes World's Billionaires List for 2022: Elon Musk is Word's Richest Person in 2022 with $219 billion net worth, — $48 billion more than Bezos.

Forbes World's Billionaires List for 2022: Elon Musk is Word's Richest Person in 2022 with $219 billion net worth, — $48 billion more than Bezos.

Elon Musk is The Word's Richest Person in 2022
Tesla chief executive Elon Musk, with a net worth of $219 billion, tops the latest Forbes Billionaires List. AFP

Elon Musk is The Word's Richest Person in 2022

After four years of Jeff Bezos topping Forbes’ annual list of the World’s Billionaires, there’s a new number one: Elon Musk. 

According to Forbes, the 50-year-old Musk and CEO of both electric car company Tesla and rocket firm SpaceX, is worth $219 billion — $48 billion more than Bezos.

Bezos who comes in at number two, even after selling billions of dollars of Tesla stock late last year, and owing taxes on gains from those sales, Musk is an estimated $68 billion richer than a year ago. (For the 2022 list, Forbes calculated net worths using stock prices and currency exchange rates from March 11, 2022.)

Bezos’ stint as the world’s richest person was short-lived compared to that of his predecessor, Microsoft’s Bill Gates. Gates occupied the top spot for all but five years from 1995 to 2017 – Warren Buffet stole the show for a year with savvy bets during the financial crisis of 2008, and Mexican telecom mogul Carlos Slim Helu matched Bezos’ four-year stretch from 2010 to 2013.

Mr Musk, who was recently appointed to Twitter's board after emerging as the biggest single shareholder in the microblogging platform on Monday, is now the Word's Richest Person in 2022 with $219 billion net worth.

In contrast to the Forbes' list, the Bloomberg Billionaires Index named Mr Musk the world’s richest person at the end of 2021 with a personal fortune of $273.5bn.

Mr Musk added $68bn to his net worth over the past year after a 33 per cent jump in the share price of his electric vehicle maker, Tesla, Forbes said.

There were 236 newcomers added to the billionaire ranks this year, including pop star Rihanna, Lord of the Rings director Peter Jackson and venture capitalist Josh Kushner.


Related: How I Earned More Than $3,000 with Adsterra using Facebook


The US is home to the most billionaires on the planet with 735, 11 more than in 2021, Forbes said. China is second with 607 billionaires, followed by India (166), Germany (134) and Russia (83). India's Mukesh Ambani remains Asia’s wealthiest person and the 10th richest in the world with a fortune of $90.7bn.

Elon Musk is The Word's Richest Person in 2022

Top 10 World Richest People and their net worth

  1. Elon Musk: $219bn
  2. Jeff Bezos: $171bn
  3. Bernard Arnault: $158bn
  4. Bill Gates: $129bn
  5. Warren Buffett: $118bn
  6. Larry Page: $111bn
  7. Sergey Brin: $107bn
  8. Larry Ellison: $106bn
  9. Steve Ballmer: $91.4bn
  10. Mukesh Ambani: $90.7bn

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Elon Musk is The Word's Richest Person in 2022
Forbes World's Billionaires List for 2022: Elon Musk is Word's Richest Person in 2022 with $219 billion net worth, — $48 billion more than Bezos.
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