Page 43 - 10 Most Trusted Overseas Education Consultants in India

SPOTLIGHT

1) Elon Musk • He owns 23% of Tesla but has • Jeff Bezos founded e-commerce • His father made a small fortune in

pledged more than half his stake giant Amazon in 1994 out of his construction; Arnault got his start by
as collateral for loans; Forbes has garage in Seattle. He stepped putting up $15 million from that busi-

discounted his stake to take the down as CEO to become exec- ness to buy Christian Dior in 1985.
utive chairman on July 5, 2021.
loans into account. • Amazon thrived during the • Four of Arnault’s five children work in

• The Tesla CEO stepped down as pandemic; revenues in 2020 grew corners of the LVMH empire: Frédéric,
chairman in 2018, after making alleged 38% to $386 billion as people stayed Delphine, Antoine and Alexandre.

“false statements” about a plan to take home and made online purchases.
Tesla private, triggering an SEC probe. • In April 2020, Bezos said he would 4) Bill Gates
• SpaceX, Musk’s rocket company, is give $100 million to Feed America, a
nonprofit that operates food banks
valued at $74 billion after its latest and food pantries across the country.
funding round in February 2021. • Amazon has faced criticism from U.S.

senators and the general public for
Elon Reeve Musk FRS is a South African its treatment of warehouse workers

entrepreneur and business magnate. He 2) Jeff Bezos during the coronavirus pandemic.
is the founder, CEO, and Chief Engineer

at SpaceX ,early-stage investor, CEO, 3) Bernaurd Arnault

and Product Architect of Tesla . He is Bernard Arnault is a French businessman,
also the founder of The Boring Company; investor, and art collector.He is the

and co-founder of Neuralink and OpenAI. chairman and chief executive of Louis
With an estimated net worth of around Vuitton SE, the world’s largest luxury William Henry Gates III is an Amer-

US$304 billion as of December 2021, goods company.[4] Arnault is, as of 3 ican business magnate, software devel-
January 2022, the second-richest person
Musk is the wealthiest person in the world. in the world and the richest person from oper, investor, author, and philanthro-
Europe, with an estimated net worth of pist. He is a co-founder of Microsoft,

• Elon Musk is working to revolutionize Jeff Bezos is an American entrepreneur, US $202.1 billion according to Forbes along with his late childhood friend Paul
transportation both on Earth, through media proprietor, investor, computer • One of the world’s ultimate taste- Allen. During his career at Microsoft,

electric car maker Tesla and in space, engineer, and commercial astronaut. He makers, Bernard Arnault over- Gates held the positions of chairman,

through rocket producer SpaceX. is the founder and executive chairman of sees an empire of 70 brands chief executive officer (CEO), presi-
Amazon, where he previously served as including Louis Vuitton and Sephora.

the president and CEO. With a net worth of • In January 2021, LVMH completed a dent and chief software architect, while
around US$196 billion as of January 2022, deal for American jeweler Tiffany & also being the largest individual share-

Bezos is the second-wealthiest person Co for $15.8 billion, believed to be the holder until May 2014. He was a major
biggest luxury brand acquisition ever.
in the world according to Bloomberg’s • LVMH spent $3.2 billion in 2019 entrepreneur of the microcomputer

Billionaires Index and third-wealth- for luxury hospitality group, revolution of the 1970s and 1980s.
. iest person according to Forbes Belmond, which owns or manages
46 hotels, trains and river cruises.

|42 thecorporatereview.com | India | Vol. 3 | Issue 2 | February 2022 |43