Who topped the Forbes Billionaire list in 2021?

Amazon founder Jeff Bezos is on the top of the Forbes 35th Annual World’s Billionaires List for the fourth consecutive year. Tesla CEO Elon Musk jumped to the second spot from the 31st position last year. Bezos has a net worth of 177 billion US dollars while Musk has 151 billion US dollars. Wealth of both these executives is tied to their companies’ performance. Amazon started as an online bookseller and expanded into multiple businesses including ecommerce, cloud computing, digital streaming and artificial intelligence. Amazon has also launched its online pharmacy platform recently with the acquisition of PillPack Inc. Bezos owns 14.06 percent stake in Amazon, which he founded in 1994.

Total revenue during the year grew 28% year over year to 31.54 billion US dollars. Musk also owns rocket and spacecraft company SpaceX, which is reportedly valued at 74 billion US dollars.


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