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Monday, 26 May 2025

India Moves Ahead of Japan, Now 4th Biggest Economy in the World


Synopsis: India has officially overtaken Japan to become the world’s fourth-largest economy, with a GDP of USD4.187 trillion, just slightly ahead of Japan’s USD4.186 trillion. The update comes from the International Monetary Fund (IMF) and was shared during a NITI Aayog Governing Council meeting. This shift reflects India’s steady growth over the past decade.

India Moves Ahead of Japan, Now 4th Biggest Economy in the World

India has just overtaken Japan to become the fourth-largest economy in the world. The latest numbers from the International Monetary Fund (IMF) confirm this change.

India’s economy is now worth USD4.187 trillion, while Japan stands at USD4.186 trillion. The gap is small, but it’s enough to put India ahead.

The United States remains the biggest economy, followed by China and Germany. Just last year, India was in fifth place.

This update was shared by B.V.R. Subrahmanyam, CEO of NITI Aayog, after a meeting of the Governing Council.

The IMF also expects India to grow by 6.2% in 2025–26. That’s more than double the predicted global growth of 2.5%.

During the same meeting, the Vikasit Bharat@2047 plan was also discussed. It says India has climbed into the top five global economies over the past ten years.

This progress follows Prime Minister Narendra Modi’s goal to make India the third-largest economy during his third term. In the 2024 elections, he won 240 seats and came back to power.

Earlier this year, at a post-Budget event, PM Modi said the economy was in a poor state in 2014. “We had to fix a broken system. There were huge scams. But we brought the economy back on track,” he said.

Finance Minister Nirmala Sitharaman also said in May 2024 that India is likely to become the third-largest economy by 2025. She shared this hope shortly after the new government took charge again.

#IndiaEconomy, #IndiaGDP2025, #IndiaJapanEconomy


Sunday, 25 May 2025

From Shadows to Smiles: How Your Baby's Eyes Learn to See


Synopsis: Newborns can see from birth, but their eyesight is still growing and changing. In this simple and friendly guide, learn how your baby's vision develops in the first year. That is from seeing light and shadows to recognizing faces and colors. Every baby grows at their own pace, and understanding their visual journey helps parents bond better and spot any concerns early.

When a baby is born, they already have the ability to see,  but their vision is not fully developed yet. At first, everything is a little blurry for them. They can tell the difference between light and dark and may see simple shapes, but not much detail.

What Can a Newborn See?

In the beginning, your baby can focus only on things that are close ,  about 8 to 10 inches away. That’s just about the distance from your arms to your face. That’s why babies love to look at their parents’ faces when held.

What About Colors?

During the first few weeks, babies start seeing bright colors, but they can’t notice soft or light color changes yet. Around 2 to 3 months old, they begin to see more clearly and can tell apart colors like red, green, and blue.

How Vision Grows Over Time:

0–2 Months: Babies mainly see black, white, and shades of gray. They might seem to stare into space. This  is normal as their brain is still learning to process what they see.

2–3 Months: Faces become more familiar. Babies can notice strong colors and may smile back when they see your face.

3–4 Months: Eyesight becomes sharper. Babies start following moving objects with their eyes and notice depth and distance better.

4–8 Months: Their vision becomes more colorful and clear. They follow things around more easily and start to explore the world with their eyes.

When Is Vision Fully Developed?

By the time your baby is 1 year old, their eyesight becomes more like an adult’s. But vision continues to improve up to age 3 to 5. Each baby is unique, so some may take a little longer, and that’s perfectly okay.

If you ever feel unsure about your baby’s eye development, it’s always a good idea to talk to your pediatrician. Early support can make a big difference.

#BabyVision, #newbornCare, #parentingTips,

Master the Art of Understanding Others – Even Without Asking a Thing

 

Synopsis: Ever find yourself wondering what’s going on in someone’s head? You don’t need magic. Just pay attention to the tiny things people do with their bodies and their voices. A leg swung over the other, a quick glance away, a burst of awkward laughter… each move can hint at feelings they haven’t spoken out loud. This guide shows you how to spot those clues and use them to understand people better.

How to See Inside Someone’s Mind Without Asking

We all show our feelings, even when we try not to. A shrug, a frown, or a sudden change in tone can speak louder than words. Below are five everyday signals that reveal what might be happening beneath the surface.

1. Legs Crossed Right After Sitting

When a person sits and crosses their legs at once, it often means they feel guarded. Maybe the topic makes them uneasy or they don’t trust the setting yet. Think of it as a small wall they put up for comfort. If you notice this, ease the tension with friendly eye contact or a light, open question.

2. Fingers on the Chin

Gently rubbing or tapping the chin is a classic thinking pose. It shows the person is weighing choices or mulling over an idea. If you see this, give them time to speak. Pushing them for a quick answer might rush their thought process.

3. What the Eyes Tell You

Eyes rarely stay neutral. Steady eye contact tends to signal interest or confidence. Quick, darting eyes can mean they’re distracted or wish they were elsewhere. Looking down could point to shyness or a moment of guilt. Treat these clues as hints, not verdicts, and read them in context.

4. Tone, Pace, and Pause

A person’s voice reveals mood more than their words do. Fast speech can mean excitement or nerves. Slow, measured sentences often sound confident or calm. Sudden pauses may show doubt, or a careful search for the right words. Listen for shifts in volume too. A drop to a whisper can make a private point, while a rise may show frustration or enthusiasm.

5. Laughter That Feels Off

A genuine laugh comes from comfort or joy. Forced or over-the-top giggles, especially in serious moments, may cover stress or embarrassment. Some people use humor to dodge hard feelings. If their laugh feels misplaced, try a gentle question like, “Are you okay with this?” It helps them drop the mask if they need to.

Summing up, Reading body language isn’t about catching people out. It’s about empathy. By noticing small cues, you can respond with kindness, clear up misunderstandings, and build better connections. Next time you’re in a conversation, slow down, watch, and listen. You might be surprised by how much the other person is already telling you, without a single word.

From Selling Panipuri to Serving ISRO: Inspiring Journey of Ramdas Hemraj

 

Synopsis: Ramdas Hemraj Marbade, a young man from a humble background in Maharashtra, sold Panipuri by day and studied by night to support his family. With determination and hard work, he completed his education and ITI training, eventually securing a technician job at ISRO

Ramdas Hemraj Marbade, a young man from Khairbodi village in Tiroda Tehsil, Gondia district of Maharashtra, has achieved what many only dream of -- a job at the Indian Space Research Organisation (ISRO). His story is a powerful reminder that with determination, hard work, and self-belief, even the most challenging circumstances can be overcome.

 Ramdas grew up in a modest household. His father worked as a peon at the Dongargaon Zila Parishad School in Mohdi, Tumsar Tehsil of Bhandara district. After his father’s retirement, the family faced significant financial difficulties. To support the household, Ramdas started selling Panipuri (also known as golgappas or gupchup) during the day, going from village to village with his cart. Despite this exhausting routine, he never let go of his dream — a salaried job that could give his family stability and pride.

His education journey reflects his grit. He completed his early schooling at Ganesh High School in Gumadhavada and finished his 12th standard at C.G. Patel College, Tiroda. He later pursued a Bachelor of Arts (Private) from YCM College, Nashik. Alongside this, he enrolled in the Industrial Training Institute (ITI) in Tirora and completed a course in Pump Operator-cum-Mechanic. During his training, he gained hands-on experience in centrifugal and reciprocating machines, fluid flow systems, pressure management, cavitation, and water and gas maintenance.

In 2023, ISRO released a notification for apprentice trainee posts. Ramdas applied online and cleared the written exam held in Nagpur in 2024. He later passed the skill test, and on May 19, he received the offer letter. He now works in ISRO’s Technician Department as a Pump Operator-cum-Mechanic.

 Ramdas's journey from a street vendor to a technician at India’s premier space research organization is truly inspiring. His story highlights the power of perseverance, the importance of education, and the strength of self-belief.

 

 

 

Is sleeping in an AC room harmful to health? All you need to know



Synopsis- Sleeping in an air-conditioned (AC) room may offer comfort during hot weather, but prolonged exposure can be harmful to health. Experts warn that keeping the AC on all night may lead to respiratory issues, ear infections, and body temperature imbalances, especially in children and the elderly. Poor ventilation in closed AC rooms can cause indoor air pollution, while excessive cold may result in hypothermia. 

When the heat gets unbearable, it is natural for most people to rely on air conditioners, but experts say that sleeping with the AC on in the bedroom all night is not good for health. In India, a country where heat is generally high, the AC is used all year round. Apart from protecting from heat, it also protects from dust. It also helps in getting a comfortable sleep, but long-term use of the AC can be harmful to health.

Here is why you should not turn on the AC all night
Sleeping for long hours with the AC on can do more harm than good for children and adults.


Respiratory problems: Windows and doors are closed to ensure proper cooling in an air-conditioned room. Insufficient ventilation and continuous air conditioning can cause air to stagnate in the room. Since the movement of fresh air is obstructed, the room becomes polluted with dust, allergens, etc. While sleeping in an AC room, inhaling these pollutants can cause respiratory problems, allergies, and asthma. Moisture in the air can cause mold and mildew, which can also lead to respiratory problems. It can also cause an unpleasant odor in the room.
Ear infections: Cold air from air conditioners can cause pain and discomfort in the ears. Sudden changes in temperature can cause the Eustachian tube to become blocked. (The Eustachian tube is the tube that connects the middle ear to the back of the throat.) The gradual increase in pressure can also cause infections.

Body temperature changes: Sleeping in an air-conditioned room can help cool the body. Doctors recommend that the room should be at a comfortable temperature for uninterrupted sleep, but a continuously cold environment can cause hypothermia, a condition where the body temperature drops too low. This can cause shivering and can cause health problems in children and the elderly.

What should you be careful about if you sleep in an air-conditioned room?


Moderate temperature
The temperature in the room where you sleep should not fall below 24 degrees Celsius. Although personal preferences may vary, adjust only according to the outside temperature and humidity. Some people set the AC temperature to the lowest setting in extremely hot weather, but this can cause extreme cold and health problems.
∙ In places with centralized AC, there is no way to avoid continuous use of AC. However, continuous use of the AC can disrupt natural sleep. It is better to limit the use of AC to one or two hours during sleeping hours. Or, you can use a programmable thermostat for a short period of time.

Friday, 23 May 2025

World’s Most Powerful Passports Announced, Check Passport Ranking 2025

 


Singapore Passport Ranking 2025

Synopsis:In the passport ranking 2025, it is Singapore that retains the world’s most powerful passport, offering hassle-free visa access to 195 places. Other powerful passports include Japan, Germany, and France. People with weak passports, like India’s, face tough visa rules. To get Singapore’s strong passport, you must meet special conditions.

World Powerful Passport: Easy Travel, Hassle-free Visa 

As per the latest Henley Passport Index 2025,  it is Singapore that retained its first position as the most powerful passport in the world, offering visa-free access to 195 destinations worldwide. 

Ten Most Powerful Passports in 2025:

  • Singapore: 195 destinations
  • Japan: 193 destinations
  • France, Germany, Italy, Spain, Finland, South Korea: 192 destinations
  • Austria, Denmark, Ireland, Luxembourg, Netherlands, Sweden, Norway: 191 destinations
  • Belgium, New Zealand, Portugal, Switzerland, United Kingdom: 190 destinations
  • Greece, Australia: 189 destinations
  • Canada, Poland, Malta: 188 destinations
  • Hungary, Czechia: 187 destinations
  • Estonia, United States:  186 destinations
  • Lithuania, Latvia, Slovenia, United Arab Emirates:185 destinations

For many Indians, getting a visa is a real struggle. Endless paperwork, long waiting times and unexpected delays,  high risk of rejection, make international travel stressful. 

Countries such as Canada, the United States, the United Kingdom, and Europe Schengen take strict visa rules, requiring interviews and many types of docs. Some countries also issue only short-term visas with tough conditions.

This is why having a strong passport makes life much easier. Right now, Singapore has the world’s most powerful passport, allowing visa-free travel to 195 out of 227 destinations. If you want this kind of travel freedom, becoming a Singapore citizen is the best option.

How to Get Singapore Citizenship

You can apply if you meet any of these conditions:


  • Permanent Residents (PR): If you have been a Permanent Resident for at least two years and are 21 or older, you can apply. 
  • You can also include your spouse & unmarried children under 21 in the application.
  • Married to a Singapore Citizen: If you are a PR and have been married to a Singapore citizen for at least two years, you qualify.
  • Children of Singapore Citizens: If you are unmarried and under 21, and were either born within a legal marriage or legally adopted by a Singapore citizen.
  • PR Students: PRs who have lived in Singapore for more than three years, with at least one year as a PR, and have passed national exams (PSLE, GCE ‘N’/‘O’/‘A’ levels, or are in the Integrated Programme) can apply.
  • Elderly Parents of Singapore Citizens: PRs who have Singaporean children may also qualify.

The Immigration and Checkpoints Authority (ICA) will review applications based on family connections, job and income contributions, education, age, and willingness to integrate into Singapore’s society.

National Service (NS) Requirement

In Singapore, all male citizens and PRs must serve two years in National Service (NS) unless exempted. Boys who get PR or citizenship through their parents or as students must register for NS at 16.5 years and enlist at 18.

Skipping NS comes with serious consequences:-fines up toS$10,000, jail time of up to three years, and even problems with getting Singapore visas, work permits, or PR for family members.

How to Apply & What You Need

  • Apply for Singapore Citizenship: If you fulfill any of these conditions:
  • A passport-size photo
  • Birth and marriage certificates (if applicable)
  • Education and work certificates
  • A letter from your employer and recent salary slips (for employees)
  • Tax records from the last three years
  • Business registration and financial statements (if self-employed)
  • National Service documents (if applicable)
  • Processing Time
  • Standard applications: About 12 months
  • Children born outside Singapore to citizens: About 2 months

Some cases may take longer if extra documents or checks are needed.

If your application is approved, you must complete the Singapore Citizenship Journey (SCJ) - A program that teaches about Singapore’s history, values, and citizen responsibilities. After completing all formalities, you can apply for a Singapore passport, the most powerful in the world!

To conclude, Having a strong passport makes travel super easy, with no visa stress! Singapore’s passport is the best, helping people visit almost any country freely. But getting it takes time and effort. If you dream of hassle-free travel, working towards a powerful passport might be worth it! 

US Green Card, Canada Work Permit Rules, UAE’s New Visa- All You Need to Know

US Green Card - Major changes in EB-2, EB-3

 

Synopsis: Latest updates on U.S. green cards, Canadian work permits, and UAE visas bring key changes for Indians. The February 2025 Visa Bulletin shows slight progress in some U.S. employment-based categories. Canada has tightened Open Work Permits for families but expanded Post-Graduation Work Permits for students. The UAE has revised visa policies, including financial criteria. These shifts affect many Indians pursuing opportunities abroad.

 Some Indians are waiting for a U.S. green card, as a few work visa categories moved ahead in February 2025. At the same time, Canada made new rules for work permits, allowing fewer family members of students and workers to get jobs.

What Has Changed?

  • EB-1 (Top Professionals and  Executives): No change for India.
  • EB-2 (Advanced Degrees and  Exceptional Skills): Moved forward by 14 days to October 15, 2012.
  • EB-3 (Professionals and Skilled Workers): Advanced by 14 days to December 15, 2012.
  • EB-3 Other Workers (Unskilled Labor): Also moved forward by 14 days to December 15, 2012.
  • EB-5 (Investor Visas): No change, still from January 1, 2022.

 Why This Matters for Green Card Applicants


  • The Visa Bulletin helps applicants understand where they stand in the green card queue. It includes:
  • Dates for Filing: When applicants can submit their visa applications.
  • Final Action Dates: When green cards can be issued.

 Family-Sponsored Green Cards: Know the Categories as follows:

  • F1: Unmarried sons and daughters of U.S. citizens.
  • F2: Spouses, children, and unmarried sons and daughters (21+) of permanent residents.
  • F2A: Spouses and children of permanent residents.
  • F2B: Unmarried adult children (21+) of permanent residents.
  • F3: Married sons and daughters of U.S. citizens.
  • F4: Brothers and sisters of U.S. citizens (if the citizen is 21 or older).

 The Role of Priority Dates

 February 2025 Visa Bulletin offers some progress for Indian applicants, especially in the EB-2 and EB-3 categories. While long wait times remain, every step forward is a positive sign. 

Green card applicants should continue to track updates and prepare for the next steps when their turn arrives.

Canada’s New Work Permit Rules: What Indian Students Should Know 

Canada introduced new rules for Open Work Permits (OWP) from January 21, 2025, The new work permit rules will affect Indian students and their families. The Canadian government wants to control temporary immigration to ensure jobs for the right people. 

What is an Open Work Permit? 

An Open Work Permit allows foreigners to work in Canada without needing a specific job offer or government approval. Once they get the permit, they can work in any field. New Rules for Students’ Families Under the new system, only the spouses of students in certain programs can get an Open Work Permit. 

 These programs include: Master’s programs that are at least 16 months long PhD (Doctoral) programs. Special professional courses that meet Canada’s standards If a family member is already in Canada and has a valid work permit, they can renew it. 

 However, the new permit will only last as long as the student’s study or work permit. Changes for Foreign Workers’ Families Canada is also changing the rules for family members of foreign workers. Now, only the spouses of workers in high-demand fields can get an Open Work Permit. 

 These fields include: Science and technology Construction Healthcare Education Sports Military Also, foreign workers must have at least 16 months left on their work permit when applying. Children of foreign workers will no longer be eligible for an Open Work Permit. 

 How This Affects Indian Students 

More than 400,000 Indian students study in Canada, and these changes will affect many of them. Now, fewer family members can work while living in Canada. However, if someone applies before January 21, 2025, their application will still follow the old rules. Any approved permits will stay valid until they expire.

Other Key Updates 

Canada will introduce stricter punishments for immigration consultants who mislead applicants. Fines could be as high as USD 1.5 million. The government plans to reduce the number of international students and foreign workers. In 2025, the number of study permits will be cut by 10%, limiting it to 437,000. These new rules aim to manage temporary immigration better, help industries with worker shortages, and prevent fraud in the system.

The UAE also started a new 90-day visa, so visitors can stay longer without needing a local sponsor. These changes show how different countries are making new rules for people who want to work or travel abroad.

UAE Visa Rules: Old Vs  New

How did Visa Rules Work Before:  Earlier, the United Arab Emirates did not have a fixed financial requirement for visas. 

Travelers had to submit documents such as hotel bookings, return tickets, and travel insurance, but there were no compulsory rules about how much amount they needed to have.  Immigration officers ask for proof of funds, but it is not always necessary. It depended on their decision.

What is Changed Now?: The UAE has now made the visa process more specific, especially regarding financial doc. The biggest change is that applicants must show they have at least AED 3,000 in their bank accounts. 

Canada Work Permit Rules: Indian Students Gain Wider PGWP Access

Canada has also extended its Post-Graduation Work Permit (PGWP) rules. It is also offering greater flexibility to international students, including a large number from India. Graduates from all fields can now apply for work permits. 

Now, college and university graduates can apply for a PGWP without needing a specific major. This update brings college rules in line with university policies, simplifying the path to employment for international students.

This change will benefit over 1.04 million international students, a 20% increase compared to last year. About 70% of them typically apply for a work permit after finishing their studies, making PGWP a key route for Canada to retain global talent.

In 2024, Canada had placed limits on PGWP eligibility, allowing only graduates from certain programs to qualify. Now, the restriction is gone for students who complete bachelor’s or master’s degrees. Larissa Bezo, CEO of the Canadian Bureau for International Education (CBIE), confirmed this positive shift.

New PGWP eligibility rules

International students can now apply for a PGWP if they meet the following language benchmarks:

  • Bachelor’s, master’s, or doctoral degree holders: CLB 7 or NCLC 7
  • College graduates: CLB 5 or NCLC 5
  • These rules apply to all PGWP applications submitted after November 1, 2024.

Enrollment impact

While the new rules bring more options, they also introduce stricter criteria for new students. Those who apply for study permits after November 1, 2024, must meet fresh eligibility rules. As a result, international college enrollment dropped by 60% this year, forcing many institutions, especially in Ontario, to cancel courses and cut staff.

Exemptions and special cases

Students who began studies before November 1, 2024, are not affected by the earlier field-of-study limits.

Flight school graduates can still apply for a PGWP without field or language restrictions.

Programs under curriculum licensing agreements signed after May 15, 2024, are mostly ineligible for PGWP.

Duration of the Post-Graduation Work Permit 

The length of a PGWP depends on the program:

  • Programs lasting 8 months to 2 years: The work permit matches the length of the program.
  • Programs longer than 2 years: Graduates qualify for a 3-year PGWP.
  • Students with multiple eligible programs may combine them in certain cases.

 

World Richest List of Wealth: Who Are the Richest People in 2025?

 

Elon Musk (Tesla-SpaceX), Jeff Bezos (Amazon), Mark Zuckerberg (Facebook-Meta), Larry Ellison (Oracle), Bernard Arnault (LVMH). 


Synopsis: In 2025, some billionaires became richer, while others came down. The biggest wealth loss of the year goes to Gautam Adani, who lost USD 12 billion, and Elon Musk, who missed USD 35.2 billion. Many Indian tycoons, such as Mukesh Ambani and Shiv Nadar, also came down based on their stock falling in the capital market, with a weaker Indian rupee.


Key Highlights:


·     Despite some extent of losses, Elon Musk is still the richest person in the world, with USD 421.2 billion. 

·  The Other top billionaires include Jeff Bezos, Mark Zuckerberg, Larry Ellison, and Bernard Arnault. 

·      Many billionaires are getting richer on account of their holdings in technology stocks. The total wealth of the top 500 richest people has now reached USD10 trillion.


In 2025, Elon Musk will remain the richest person, thanks to his companies, such as Tesla and SpaceX. The world's richest people continue to grow their wealth, mainly through technology and other companies' vertical growth.

Forbes’ World’s Billionaires List for 2025:

As per Forbes’ World’s Billionaires List for 2025, the U.S. leads with a record 813 billionaires,  China with 473, and India impressively claims the 3rd spot with 200 billionaires. 


Top 10 richest people in the world 2025

Rank

Name

Net worth (2025)

Name of Company

1

Elon Musk

$421.2 billion

SpaceX, Tesla, X (formerly Twitter), xAI, Boring Co.

2

Jeff Bezos

$233.5 billion

Amazon

3

Larry Ellison

$209.7 billion

Oracle

4

Mark Zuckerberg

$202.5 billion

Meta (formerly Facebook)

5

Bernard Arnault

$168.8 billion

LVMH (Luxury Goods)

6

Larry Page

$156 billion

Alphabet (Parent company: Google)

7

Sergey Brin

$149 billion

Alphabet (Parent company: Google)

8

Warren Buffett

$141.7 billion

Berkshire Hathaway

9

Steve Ballmer 

$124.3 billion

Microsoft, Clippers, Investments

10

Jensen Huang

$117.2 billion

Nvidia

 How Hindenburg’s Allegations Wiped Out Over USD 80 Billion of Gautam Adani’s Wealth

·     Gautam Adani lost USD12 billion in 2025, making it the second-biggest loss after Elon Musk, who lost USD35.2 billion. 

·    Adani's group has witnessed its stock prices drop, with Adani group companies falling up to 18%. In 2025,  Adani’s total wealth is USD 66.8 billion.

·      Gautam Adani's wealth decreased in 2023 primarily due to allegations made by the US short-seller Hindenburg Research in January 2023. 

·       The report accused Adani’s conglomerate of stock manipulation and accounting fraud. 

·     The report led to intense scrutiny, a stock market meltdown, and a huge decline in the market value of Adani Group companies. 

·     The Hindenburg report also highlighted high debt levels within the group, raising concerns about its financial stability. 

·       As a result, Adani’s fortune fell by over $80 billion, despite efforts by the Adani Group to counter the allegations.

 What is the reason for the decline in Adani's net worth?

 Gautam Adani's net worth declined amid bribery charges by Hindenburg Research, leading his net worth to decline by $12 billion (Rs 2 lakh crore) in investor wealth.

Other Indian billionaires who lost to some extent:

Shiv Nadar (HCLTech) lost USD 4.5 billion

·         Ravi Jaipuria (Varun Beverages) lost USD4.2 billion

·         Mukesh Ambani lost USD2.9 billion, now worth USD 87.7 billion

A big reason for these losses is the falling Indian stock market, up in a 1.2% drop in the Indian rupee. The Nifty 50 index also went down by 3.5% this year.


The Richest 10 People in the World in 2024 

 family

$233

$233 B

Name

Networth (2024)

country

Name of Company

1. Bernard Arnault & family & family

$233 Billion

France

LHMV

2. Elon Musk

$195 Billion

United States

Tesla, SpaceX

3. Jeff Bezos

$194 Billion

United States

Amazon

4. Mark Zuckerberg

$177 Billion

United States

Facebook

5. Larry Ellison

$141 Billion

United States

Oracle

6. Warren Buffett

$133 Billion

United States

Berkshire Hathaway

7. Bill Gates

$128 Billion

United States

Microsoft

8. Steve Ballmer

$121 Billion

United States

Microsoft

9. Mukesh Ambani

$116 Billion

India

Reliance + (Diversified)

10. Larry Page

$114 Billion

United States

Google

What THESE Billionaires Have in Common


·         Elon Musk is the Founder of Tesla and SpaceX.  Musk revolutionized electric cars and reusable rockets, pushing space travel forward.

·         Jeff Bezos started Amazon from a bookstore. He turned it into the world’s biggest online retailer. He also expanded into space with Blue Origin.

·         Larry Ellison: Co-founder of Oracle. He  built a tech empire in software and cloud services while investing in luxury real estate and philanthropy.

·         Mark Zuckerberg, who created Facebook, is now Meta. He acquired Instagram and WhatsApp, leading the social media world and investing in the metaverse.

·         Bernard Arnault, who Owns LVMH, the top luxury brand empire.

·         Larry Page, who co-founded Google, grew it beyond search into AI, YouTube, and self-driving cars.

·         Sergey Brin: Google’s co-founder, who played a key role in innovation and now focuses on advanced technologies like AI and smart cities.

·         Warren Buffett: A legendary investor, he runs Berkshire Hathaway and pledges most of his fortune to philanthropy in health & education.

·         Steve Ballmer: Former Microsoft CEO. He expanded the company’s reach and later invested in sports, owning the LA Clippers.

·         Jensen Huang: Co-founded Nvidia, leading AI and gaming chip innovations.


World’s Richest People in 2023

Forbes made its 37th list of the richest people in the world in 2023. It showed 2,640 billionaires, and together they had USD12.2 trillion. 


That is 28 fewer people and $500 billion less than in 2022. More than half of the billionaires had fewer wealth records than the year before. Even Elon Musk lost his No. 1 spot and dropped to No. 2.

 

For the first time, a French person was at the top of the list. This was also the first time since 2013 that the richest person was not from America. The then richest person was Carlos Slim Helu from Mexico.

 

In 2022, there were 15 billionaires within 30 years of age. The richest young billionaire was Mark Mateschitz, who secured wealth from Red Bull. He had $34.7 billion. 

 

The youngest billionaires were Clemente Del Vecchio, who shares his family's Luxottica fortune, and Kim Jung-yang, who has money from the gaming company Nexon. Both of them were under 20 years old.

 

How Are Some Billionaires Getting Richer?

 

Many billionaires have seen their wealth grow because of technology stocks. The combined wealth of the top 500 richest people has now grown  USD10 trillion, a massive number.

 

Elon Musk also made history by becoming the first person ever to have more than USD  400 billion at one time, merely on account of SpaceX, which is recorded as USD 350 billion.