Who are the world’s most cash-holding billionaires?

Although the American billionaire Elon Musk tops the list of the richest people on the planet, however, based on what the rich have of cash “cash”, the list will be completely different.

The founding partner of “Microsoft” is considered far away in the competition for a long time for the title of the richest person in the world, but he has never been out of the circle of the 6 richest people in the world since its entry, at that time no one in the world had wealth exceeding 100 billion dollars.

It is known that the methodologies used to determine the value of the wealth of billionaires, whether adopted by “Bloomberg”, “Forbes”, or others, depend on determining the value of each owned asset, whether this asset is listed on one of the stock exchanges or a private closed company, evaluated in different ways.

Thus, the value of wealth does not necessarily indicate the amount of cash available in the hands of its owners, and while wealth can theoretically be measured by a number of assets or the ability to acquire expensive assets, in practice it becomes a risky decision and a large part of the wealth may disappear in the monetization of those assets.

For example, the richest person in the world, Elon Musk, lost more than 200 billion dollars of his net worth when he wanted to acquire the “Twitter” platform with a valuation then of only 44 billion dollars (a large part of the value of the deal was financed by debt by mortgaging Musk’s shares in Tesla), as Tesla shares fell under pressure from the sale of “Musk” shares as well as the forced sale followed by the decline of the share to cover the guarantee against loans. According to this, it is difficult to convert assets into liquid cash without losing much of their value.

Bill Gates
According to the Bloomberg Billionaires Index, “Bill Gates” still retains the title of the richest person in the world, when talking about cash, accounting for about half of his fortune of about 126 billion dollars, specifically 61.3 billion dollars.

The majority of Gates ‘ wealth is derived from his company, which he founded “Cascade Investment”, a holding company created using the proceeds of sales of shares of “Microsoft” and its profits.

Based on the analysis of “Bloomberg” data, Gates received more than 56 billion dollars of shares and dividends from “Microsoft” and other companies, including 3.3 billion dollars from “Microsoft” in 2004, which he donated to his charitable foundation.

He owns about 1.4% of the company” Microsoft”, the largest software manufacturer in the world, according to the company’s website. He resigned from his position as a director of the company “Microsoft” in March 2020.

Larry Ellison
While the co-founder and CEO of Oracle is the second richest billionaire, he keeps “cash”, where he owns cash estimated at 20.6 billion dollars, according to the Bloomberg Billionaires Index.

Jeff Bezos
The co-founder of “Amazon”, Jeff Bezos, recently bought a giant sailing yacht valued at 500 million dollars, while keeping Cash up to 13.3 billion dollars.

Bernard Arnault
While the second richest person in the world, Bernard Arnault, has cash worth 12.7 billion dollars, out of his total fortune of 184 billion dollars.

Google
The two founding partners of “Google” have a big cake of cash, as the value of cash from the wealth of both Sergey Brin and Larry Page, 15.7 and 15.6 billion dollars, respectively.

Elon Musk
As for the richest person in the world, Elon Musk, cash is not among his criteria for wealth, despite its size of 216 billion dollars.