ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who is the richest entrepreneur in the world?
A
Bill Gates
B
Jeff Bezos
C
Warren Buffett
D
Bernard Arnault
Explanation: 

Detailed explanation-1: -He is the founder, executive chairman, and former president and CEO of Amazon. With a net worth of US$128 billion as of February 2023, Bezos is the third-wealthiest person in the world and was the wealthiest from 2017 to 2021 according to both Bloomberg’s Billionaires Index and Forbes.

Detailed explanation-2: -1. Bernard Arnault & family. Bernard Arnault is the CEO and Chair of LVMH (Moët Hennessy Louis Vuitton) and his net worth is $212.4 billion, he overtook Elon Musk as the world’s richest man in 2022.

Detailed explanation-3: -Elon Musk becomes world’s richest person again Musk’s net worth now stands as USD 187 billion. At the beginning of the year, the Twitter owner’s net worth was USD 137 billion. Elon Musk has been the world’s richest person since September 2021. Before him, Amazon founder Jeff Bezos held the spot.

Detailed explanation-4: -Top 10 Richest Man In The World 2023-2024 Elon Musk, who continues to hold the number one position with a net worth of $190 billion.

Detailed explanation-5: -In fact, as of 2023, his ownership stake is worth over $121 billion. Following the divorce of Jeff and MacKenzie Bezos, the Amazon ownership structure didn’t change that much. Indeed, Jeff Bezos kept voting and controlling power for all the stocks co-owned with Mackenzie Bezos. What is this?

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