Poll: The Rise and Fall 💸

This week, we asked the Invstr Community who they think will be the next billionaire to drop out of the top 5, just following Gautam Adani. The winner, with over a third of the votes, was the 36 percent of Invstrs who believe that Elon Musk will be the first to fall. After recently losing his number one spot to Bernard Arnault, several believe that the majority of his wealth, stock in Tesla, may be the subject of more losses if shareholders believe the stock is overpriced. Furthermore, Elon Musk’s controversial opinions coupled with his risky acquisition of Twitter have created several positive and negative headlines that may have decreased what he thrives on: his public brand image. In second place, we have the 20 percent of Invstrs who believe that the current number one, Bernard Arnault, will depart from the top 5. Bernard Arnault, the overseer of the LVMH empire, manages more than 70 luxury and cosmetic brands. With higher inflation and falling consumer demand in America, there is a high chance Bernard Arnault may lose some valuations in his wealth in the coming year.

In third place, exactly 18 percent of investors decided Jeff Bezos will be the next to drop from this echelon of multibillionaires. Bezos, founder and ex-CEO of Amazon, was the highest on this list to be surpassed by Adani, after losing several billion in net worth due to Amazon’s recent shortcomings. With weak guidance going into this year, there is a chance that Bezos, being Amazon’s biggest single shareholder, may see some large losses that will knock him off this list. Right in front of last place, we have the 14% of Invstrs who believe Larry Ellison won’t stand long as the number four wealthiest person in the world. Ellison is chairman and co-founder of the software titan Oracle, which now specializes in cloud computing. The possibility of Ellison leaving the circle is not one bit low, seeing as Oracle has lost market share in the database sector every year since 2013. To close out the podium, we have the 12% of Invstrs who believe Warren Buffett may not be in the top 5 list as time passes. Buffett is known for being the CEO of Berkshire Hathaway being taught by the “father of value investing”, Ben Graham. Over the past several decades, Buffett amassed a fortune through his deemed smart and rational investments, however, several have criticized his detest of new technologies, specifically cryptocurrencies. As tech stocks continue to surge, it is possible that Buffett may be unable to capitalize on these returns, leaving him in the dust and promptly exiting the top 5 richest people in the world.

Who do you want to see enter the top 5 richest people in the world? Have fun, and see you next time with more poll results!

  • The Invstr Team 🙂
Share:
More Posts
Load More
Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Facebook Twitter Youtube Instagram Snapchat Tiktok
learn
products
plan
Who we are
blog

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community. The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results. Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such. Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.