With Google’s share price closing at an all-time high of $ 2,285 today, the company’s co-founders Larry Page and Sergey Brin entered an exclusive club for the first time. $ 100 billion net worth club. Also known as the “Centi-Billionaire’s Club”. Larry ended the week with a net worth of $ 104 billion. Sergei finished the week with $ 100 billion.
Their net worth has increased by about $ 20 billion every year. Larry Page is now the sixth richest man in the world, topping Warren Buffett for the first time. This is the highest position ever. Sergei is now the eighth richest man in the world, as well as his highest position.
Being the Larry and Sergey Santi-billionaire is not the only notable thing that has happened this week. For the first time in human history, there are eight people on the planet with total assets of more than $ 100 billion.
It was once a highly specialized club with only one or two members in the world. I am old enough to remember a time when there were zero cent-billionaires on the earth.
As of this time, we have eight centi-billionaires who collectively control:
I don’t even know how you say that number. Try for yourself This is strange. Is it “one trillion and seventy one billion dollars”?
Another interesting thing is that six of these eight cent-billionaires earned their fortune running tech companies. Many of which are arguably illegal monopolies. But it is a very long conversation.
The only non-American (by citizenship) is Bernard Arnault. Elon Musk was born in South Africa and Sergey Brin was born in Moscow, but both identify as American citizens today.
Bernard earned his $ 132 billion fortune as the owner of the luxury goods conglomerate LVMH, which owns brands such as Louis Vuitton, Moet and Hennessy (get it? “LVMH”). The company has dozens of other brands that do not cut into abbreviated monikers. For example, they own Dom Perignon, Givenchy, Sepora, Marc Jacobs, Fendi, Bulgari, Rimova (stuff), Fenty (Rihanna’s brand) and Christian Dior. If they include all those brands, the company name will be:
Not as attractive enough.
Here is the list of the eight richest people in the world right now:
# 8: Sergey Brin – $ 100 billion
# 7: Warren Buffett – $ 101 billion
# 6: Larry Page – $ 104 billion
# 5: Mark Zuckerberg – $ 118 billion
# 4: Bernard Arnault – $ 132 billion
# 3: Bill Gates – $ 144 billion
# 2: Elon Musk – $ 176 billion
# 1: Jeff Bezos – $ 197 billion
How do we live in a world where eight people control $ 100 billion +? I feel somewhat uneasy about it. And I am a fan of mass luck!
But I might like to live in a world where instead of eight men controlling $ 1 trillion, we had a thousand men and women of all races and backgrounds who have $ 1 billion. For one thing, it seems a bit more appropriate. But from a selfish point of view, it would give us too much material to write. If I have to write another article about Elon Musk this year, I can sign up for a trip to Mars.