The Third Richest Man in the World Behind Elon Musk and Jeff Bezos Is a College Dropout Whose Fortune Has Surged $60 Billion This Year (2024)

FAQs

The Third Richest Man in the World Behind Elon Musk and Jeff Bezos Is a College Dropout Whose Fortune Has Surged $60 Billion This Year? ›

While 499 other billionaires have struggled to add to their fortunes this year, the world's third richest man has made a whopping $60 billion.

By positioning the company as a leader in sustainable transportation, Musk has steered Tesla towards success, delivering him huge wealth in the process. He used this wealth to make what many see as his most controversial business decision — the acquisition of Twitter in 2022 for around $44bn.

The Amazon and Blue Origin founder graduated from Princeton University in 1986 with a bachelor's in electrical engineering and computer science. Before starting Amazon, Bezos worked for a fintech startup and a hedge fund experimenting with mathematical modeling.

As per the data, India is home to 169 billionaires--the third-highest in the world.

1. Elon Musk. Elon Musk is the founder of SpaceX, CEO and product architect of Tesla and owner of Twitter. Shortly after assuming his new role with Twitter last year, he fell from grace as the world's richest man, but now in 2023 he's back on top with his net worth at $227 billion.

I t's been a bad year to be a billionaire–and not just for those who blew up their businesses or got themselves arrested. After adding trillions to their collective fortunes in 2020 and 2021, the world's richest people were rocked by 12 months of shaky stock markets, war in Europe and rampant inflation.

Despite Twitter drama and sliding Tesla shares, Elon Musk didn't wind up losing the most last year, according to Forbes. That title goes to Jeff Bezos, whose net worth dropped $57 billion due to a 38% drop in Amazon's stock price as of March 10.

What is Elon Musk's IQ? ›

Like, is Elon Musk a genius? It answered, Elon Musk's IQ is reported to be 155, which is very high compared to the average of 100.

African emperor Mansa Musa is thought to be the richest person who ever lived and his wealth was simply “indescribable” and “incomprehensible”. Elon Musk, Jeff Bezos, Bill Gates, Gautam Adani are some of the names that come to our minds when we think of the richest people in the world.

Elon Musk became a self-made millionaire in 1999 when he sold a web software company for more than $300 million at the age of 27. Elon Musk's net wealth had topped $1 billion by the time he was 41.

Indeed, according to a study by U.K. job site Adview, one in eight of the Forbes 400, which are the 400 wealthiest billionaires in the U.S., are college dropouts. They came to this conclusion by looking at the 362 billionaires with publicly available education information; 44 were dropouts.

In 1986, he graduated summa cum laude from Princeton University with a 4.2 GPA and a Bachelor of Science in Engineering degree (B.S.E.) in electrical engineering and computer science; he was also a member of Phi Beta Kappa.

A trillion is such a huge number, followed by twelve zeros. That is one thousand times a billion (nine zeros followed by 1). Do you know that only 6 trillionaires ever lived on the face of earth? As of today, there are no trillionaires who live on earth.