Social Media Influence
The ranking of the world's richest people is ever-changing, but as of August 2021, here are the 20 wealthiest billionaires in the world, as per Forbes.

Bernard Arnault 197.5 Billion French Luxury Group LVMH Paris Jeff Bezos 192.8 Billion Amazon CEO Space Venture Blue Origin Elon Musk 185.9 Billion Space X and Tesla CEO Texas Bill Gates 132 Billion Microsoft Corporation Tech Mark Zuckerberg 130.4 Billion Facebook CEO Social Platform Larry Ellison 116.7 Billion Oracle Corporation Software CEO Larry Page 116.6 Billion Google Co-founder CEO Search Engine San francisco Sergey Brin 112.8 Billion Google Inc Co-Founder Search Engine San Francisco Warren Buffett 104.4 Billion Berkshire Hathaway CEO Multinational Holding Francoise Bettencourt Meyers and Family 92.4 Billion Loreal CEO and Bettencourt Schueller Foundation Paris Steve Ballmer 84.5 Billion Microsoft CEO President and Owner of NBA team Los Angeles Clippers Mukesh Ambani 79.3 Billion Reliance Industries Shareholder managing director energy, petrochemicals and natural gas, retail, telecommuncations, mass media owner of cricket team Amancio Ortega 78. 1 Billion Spanish business man founder of Inditex fashion group and retail Zara Carlos Slim Helu and family 72.7 Billion Business Man Latin America Conglomerate Grupo Carso owns Telmex, Telcel and America Movil Zhong Shanshan 72.1 Billion Chinese Businessman started Nongfu Spring Beverage Company biggest bottled water brand in china Jim Walton 66.2 Billion Heir Son of Walmart largest retailer Alice Walton 6508 Billion Heir Son of Walmart largest retailer Rob Walton 65.3 Billion Heir Son of Walmart largest retailer Phil Knight and Family 62 Billion Co founder and chairman of Nike Inc Michael Bloomberg 59 Billion Owner and founder of Bloomber L.P. software data media company

Clarfeld said wealthy business owners came to value their time and families more during the pandemic and made the decision to cut back on work and business.

“They reset their priorities,” said Joannie Bozek, director of trust services and chief fiduciary officer at Clarfeld. “Their mortality became more real.”


Most — 88% — plan to leave their businesses to family members, including spouses, children and grandchildren.

The pandemic and threat of higher taxes also caused business owners to think about moving. Two-thirds of wealthy business owners surveyed said they have moved their businesses during the pandemic. The chief reason: taxes, with 34% moving to lower-tax states. The second reason was to be closer to family and the third was remote work, which offers more flexible locations.


concentrated in services businesses and tech-related fields, which are more easily shifted. Yet three-quarters of business owners surveyed see themselves physically moving their business in the next three to five years,


Remote work easily led to ‘Where do I want to live?’” Bozek said. “If taxes go up and the economy is further affected I think that trend will continue.”