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Interesting Facts about the Top Billionaires In The World

There are 2,781 billionaires in the world representing almost $14.2 trillion in wealth, according to SpoilaMag‘s data collected through Forbes, ResearchGate, and various other authentic sources. These are 141 more billionaires compared to 2023 and 26 more than the prior high reached in 2021. The ultra-wealthy have amassed even greater wealth – $2 trillion more than a year ago and $1.1 trillion above the previous record, also established in 2021.

The majority of the profits originate from the upper 20 percent, who have collectively accumulated $700 billion more in wealth since 2023, with the United States currently hosting a remarkable 813 billionaires worth a total of $5.7 trillion. China maintains its position as the second wealthiest, boasting 473 billionaires (including Hong Kong) with a combined wealth of $1.7 trillion, despite sluggish consumer spending and a collapse in real estate that eroded around $300 billion in wealth. India, with 200 billionaires (also a record), secures the third spot. Net worth calculations were based on stock prices and exchange rates as of March 8, 2024.

While all these wealth statistics are intriguing, there are certain facts about world’s top billionaires that very few know about. This post focuses on that particularly.

1. Bernard Arnault 

Early Start: Prior to LVMH, Bernard Arnault assumed control of his family’s construction firm at a young age, expanding it considerably. This experience was instrumental when he later acquired and grew luxury brands.

Altruism:  Bernard Arnault’s philanthropic endeavors, often overlooked due to his wealth, include substantial contributions to arts and culture, notably restoring Notre Dame Cathedral.

2. Elon Musk

From Physics to Business: Musk studied both physics and economics, earning degrees in each field. This distinctive mix influences his business and innovation strategies, frequently centering on scientific and technological problems.

Tunneling Vision: Aside from SpaceX rockets, Musk is also responsible for The Boring Company, which plans to develop underground tunnel systems for transit. This forward-thinking approach to solving traffic issues is yet another instance of his lofty aspirations.

3. Jeff Bezos

Media Mogul: Besides Amazon, Jeff Bezos owns The Washington Post, providing him a significant channel to extend his influence beyond just retail and technology.

4. Mark Zuckerberg

The Metaverse:  Mark Zuckerberg has great faith in the metaverse’s possibilities, envisioning a digital realm for socializing and productivity. Meta Platforms, previously known as Facebook, is making significant investments in advancing this concept, but its ultimate impact is yet to unfold.

AI Focus:  Mark Zuckerberg’s interests extend beyond social media to encompass artificial intelligence and its advantageous potential. Meta Platforms actively engages in AI exploration, aiming to enhance its offerings through AI-driven advancements.

5. Bill Gates

Tech Philanthropy: Bill Gates prioritizes global health via his foundation but stays active in tech philanthropy. His foundation backs tech-driven initiatives aiding developing countries.

6. Larry Page

Flying Cars:  Although no longer actively engaged in the project, Larry Page previously provided financial support to a company developing electric vertical takeoff and landing (eVTOL) aircraft named Kitty Hawk, highlighting his inclination towards ambitious endeavors and groundbreaking innovation extending beyond internet search platforms.

7. Sergey Brin

Burning Man:  Sergey Brin frequently joins in the festivities at Burning Man, an annual gathering centered around creativity, individuality, and self sufficiency.

8. Steve Ballmer

Acquisitions and Initiatives:  

9. Warren Buffett

Frugal Billionaire:  Renowned for value investing and pragmatic business views, he’s a prominent figure in investment circles, valued for his grounded approach.

10. Larry Ellison

Sailing Champion: Larry Ellison’s enthusiasm extends to sailing, where he’s achieved victories in esteemed competitions. Additionally, he possesses Oracle Team USA, a participant in the renowned America’s Cup yacht race.