So now, I would like to introduce you to the richest man on the planet and how he earned a net worth of $1,000,000,000,000,000 before anyone else could. It's me. Hello, my name is Michael Foster and I am the world's first quadrillionaire.
A man in America very briefly became the richest person in the world after he was accidentally credited with $92 quadrillion. Back in July 2013, Chris Reynolds logged on to his PayPal account to find that he had erroneously been credited with an unfathomable amount of money.
quadrillionaire (plural quadrillionaires) Somebody whose wealth is greater than one quadrillion units of the local currency. quotations ▼ (by extension) An extremely wealthy person.
Today, there are no known trillionaires in the world. But there are more billionaires than ever before and a handful of companies with a trillion-dollar market cap.
Chris Reynolds, 56, from Pennsylvania discovered that he had been given $92 quadrillion when he opened his monthly statement from the company - $92,233,720,368,547,800 to be exact. "At first I thought that I owed quadrillions. It was quite a big surprise" Reynolds told the DailyNews.
Reynolds was shocked to see that his account showed $92 quadrillion, or $92,233,720,368,547,800 (Rs 5,463,925,594,632,772,608) to be exact.
Chris Reynolds, 56, said he was shocked when he received his monthly statement via e-mail from PayPal last week, with an ending balance of $ 92 quadrillion, over a million times richer than the world's richest man, Carlos Slim.
Forbes' real-time data shows that as of June 2023, there are 47 Australian billionaires on the list of the world's richest people.
Billionaire, businessman and the chairman and chief executive of LVMH (LVMUY), Bernard Arnault holds the crown as the richest person in the world. According to Forbes, Arnault has a fortune of $234.5 billion.
Walton Family
The Walton family knows its way around some retail revenue. Its namesake, mega-retailer Walmart, has an estimated global revenue of $611.3 billion. As the family owns nearly half of the company, they should be quite comfortable for generations to come.
African emperor Mansa Musa is thought to be the richest person who ever lived and his wealth was simply “indescribable” and “incomprehensible”.
The richest person ever is thought to have been an emperor with an accumulation of wealth often described as “unimaginable” or “incalculable.” The title goes to 14th-century African emperor Mansa Musa, and his wealth has been estimated to be the modern day equivalent of $400 billion.
In the American system, the Latin prefix refers to the number of groups of three zeros, not including the last group of three, which represents a thousand. Thus in the USA, a billion is 1,000,000,000 (109) and a quadrillion is a mere 1,000,000,000,000,000. (1015).
In 1916, John D. Rockefeller became the world's first billionaire, and in the hundred years since we haven't had a trillionaire. And today, not only do we have a trillionaire, we also have the world's first quadrillionaire.
The May 31 update shows Musk overtaking Bernard Arnault, the owner of luxury goods brands such as Louis Vuitton, Christian Dior and Tiffany & Co. Arnault was named the richest person in the world by Forbes in April, but a recent drop in his company's stock catapulted Musk ahead.
There are plenty of online dating websites that cater to people who are looking to date wealthy people, such as MillionaireMatch.com, Sugardaddie.com, DateAMillionaire.com, and many others. Some websites have income verification tools that ensure that the person you are matching with has the income they claim.
In broader terms, the finance and investment profession has the most millionaires. It also has the most billionaires, with 371. Here's a list of the seven best careers if you want to be a millionaire.
Australians wanting to be in the country's top 1% for wealth need to have an individual net worth of US$5.5 million ($8.3 million), Knight Frank's 2023 Wealth Report has found.
The valuations of Gina Rinehart ($37.41 billion) and Andrew Forrest ($33.29 billion), the richest and second-richest Australians for the fourth year in a row, surged 10 per cent and 8 per cent respectively as listed-market analysts re-rated their outlook for red Pilbara dirt.
On a mean wealth basis, Australia was the fourth-richest country in 2021 behind Switzerland, the US and Hong Kong. The average Australian adult was worth $US550,110 at the end of last year, after enjoying a $US66,350 annual increase in wealth.
In 2002, PayPal was acquired by eBay for $1.5 billion in stock, of which Musk—the largest shareholder with 11.72% of shares—received $175.8 million. In 2017, more than 15 years later, Musk purchased the X.com domain from PayPal for its "sentimental value".
Elon Musk cofounded the electronic payment firm PayPal, and in 2002 he founded SpaceX, a company that makes rockets and spacecraft. He was a major early funder of Tesla, which makes electric cars and batteries, and became its chief executive officer in 2008. He purchased the social media service Twitter in 2022.