Amazon Founder, Bezos, Tops Forbes Billionaire List For 4th Year In A Row

April 6, 2021
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AGENCY REPORT

Popular American business magazine, Forbes, has released its annual list of billionaires for 2021 with Amazon founder, Jeff Bezos, topping it for the fourth consecutive year.

The media company said on Tuesday that the 57-year-old’s worth increased to $177 billion, up to $64 billion from a year ago as a result of a spike in Amazon shares.

Tesla CEO, Elon Musk, was the biggest gainer as he rocketed to the second spot with a $151 billion fortune, a whopping $126.4 billion gain a year ago when he ranked No. 31 and was worth $24.6 billion.

Forbes said this year’s billionaires are worth a combined $13.1 trillion, up from $8 trillion last year.

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“The very, very rich got very, very richer,” said Forbes’ chief content officer, Randall Lane, in an interview with Reuters Video News.

This year’s list has 493 newcomers, including Whitney Wolfe Herd, chief executive of the dating app Bumble, which went public this year. Investor and business tycoon Warren Buffett fell out of the top five for the first time in over two decades, as tech executives dominate the Forbes rankings.

Bernard Arnault, chief executive of luxury goods firm LVMH, Microsoft founder, Bill Gates and Facebook chief executive, Mark Zuckerberg, round out the top five of the world’s richest billionaires.

Here Is The Top 10 List Below:

  1. Jeff Bezos

NET WORTH: $177 BILLION

SOURCE OF WEALTH: AMAZON

  1. Elon Musk

NET WORTH: $151 BILLION

SOURCE OF WEALTH: TESLA, SPACEX

  1. Bernard Arnault

NET WORTH: $150 BILLION

SOURCE OF WEALTH: LUXURY GOODS

  1. Bill Gates

NET WORTH: $124 BILLION

SOURCE OF WEALTH: MICROSOFT

  1. Mark Zuckerberg

NET WORTH: $97 BILLION

SOURCE OF WEALTH: FACEBOOK

  1. Warren Buffett

NET WORTH: $96 BILLION

SOURCE OF WEALTH: BERKSHIRE HATHAWAY

  1. Larry Ellison

NET WORTH: $93 BILLION

SOURCE OF WEALTH: SOFTWARE

  1. Larry Page

NET WORTH: $91.5 BILLION

SOURCE OF WEALTH: GOOGLE

  1. Sergey Brin

NET WORTH: $89 BILLION

SOURCE OF WEALTH: GOOGLE

  1. Mukesh Ambani

NET WORTH: $84.5 BILLION

SOURCE OF WEALTH: DIVERSIFIED

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