iand society and era fueled by ambition and drive for entrepreneurship, there is a distinguished set of individuals who have achieved unimaginable fortunes. These extraordinary leaders, possessing vision and innovation, have risen to the highest echelons of success, elevating themselves to the exclusive ranks of the world’s richest individuals. And that’s no small feat. After all, the net worth of the 10 richest people exceeds the GDP of several countries. Today, his wealth is mainly concentrated in the technology, finance, and retail industries. The growing wealth disparity between them and the less privileged is a significant concern for people around the world. This article unveils the identities of the top 10 richest people globally, shedding light on their extraordinary accomplishments, entrepreneurial talents, and profound influence on the global economy. This ranking list is sourced from Forbes.Also read: Top 10 richest people in Asia in 2024protest: The value of the currency mentioned in this article is accurate from 01.10.2024 and is subject to fluctuations.
Top 10 richest people in the world
Explore the top 10 richest people in the world, featuring influential entrepreneurs and business figures with incredible net worth..
| Name & rank | Net Worth (in $Billions) | Company / Source of Wealth |
Country |
|---|---|---|---|
| #1 Elon Musk | $270.5 | Tesla, SpaceX, X | United States |
| #2 Larry Ellison | $208.0 | Oracle Corporation | United States |
| #3 Jeff Bezos | $204.3 | Amazon, Asal Biru, The Washington Post, IMDB, Karungu | United States |
| #4 Mark Zuckerberg | $198.0 | Meta Platforms, Inc. (Facebook, Instagram, WhatsApp) | United States |
| #5 Bernard Arnault & family | $194.5 | LVMH | France |
| #6 Warren Buffett | $144.9 | Berkshire Hathaway | United States |
| #7 Larry Page | $137.9 | Alphabet Inc. | United States |
| #8 Amancio Ortega | $132.5 | Zara | SPAIN |
| #9 Sergey Brin | $132.0 | Alphabet Inc. | United States |
| #10 Steve Ballmer | $125.5 | United States |
Get to know the 10 richest people in the world in detail
1. Elon musk
- Age: 53
- Residence: Boca Chica, Texas
- Nationality: USA
Elon Musk, known as the richest man in the world and the richest person in the world, is the CEO of several high-profile companies, including Tesla, an electric car manufacturer, and SpaceX, a space exploration company. He currently owns a 12.86 percent stake in Tesla. A significant part of his wealth, about two-thirds, is related to the success of Tesla. Musk made headlines in October 2022 when he bought Twitter (now X) for $44 billion. Musk led Tesla to an initial public offering in 2010. The company saw significant growth in market capitalization during 2020 and 2021, which helped Musk join the ranks of the world’s 10 richest people by September 2021. At its peak in November 2021, Musk’s fortune reached an astounding $320 billion.Also Read: Top 10 Indians with highest followers on Instagram in 2024
2. Larry Ellison
- Age: 80
- Residence: Manalapan, Florida
- Nationality: USA
Larry Ellison, the second richest person in the world, founded Oracle in 1977 and was its CEO until 2014. He currently holds the position of chairman and Chief Technology Officer (CTO) in the company. In 2012, Ellison made headlines by purchasing the Hawaiian island of Lanai for $300 million. Additionally, he has invested in companies such as Salesforce.com, NetSuite, Quark Biotechnology Inc., and Astex Pharmaceuticals.
Also Read: Top 10 largest companies in the world by market cap in 2024
3. Jeff Bezos
- Age: 60
- Residence: Medina, Washington
- Nationality: USA
Jeff Bezos, the world’s third-richest person, is stepping down as CEO of Amazon in July 2021 but will retain his role as chairman. In the same month, he began his space journey on a rocket developed by Blue Origin, a private space exploration company founded and financed by billions of dollars.
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4. Mark Zuckerberg
- Age: 40
- Residence: Palo Alto, California
- Nationality: USA
Mark Zuckerberg, co-founder and CEO of Meta Platforms, launched Facebook in 2004 at the age of 19 while studying computer science and psychology at Harvard University. Initially designed to connect students by matching their names to photos, Facebook opened to the public in 2006 for anyone age 13 and older with a valid email address.
In May 2012, Zuckerberg took the company public, and by December 2016, he was ranked 10th in the Forbes list of The World’s Most Powerful People. Currently, Zuckerberg owns approximately 13.68 percent stake in Meta Platforms.
At the age of 39, Zuckerberg married Priscilla Chan and they have three daughters. Together, they invest $3 billion to end, cure, or manage all diseases by 2100.
5. Bernard Arnault & family
- Age: 75
- Residence: Paris
- Nationality: French
Bernard Arnault, the third richest person in the world, is the CEO and chairman of Moët Hennessy Louis Vuitton (LVMH), the world’s largest luxury goods company that includes 75 famous fashion and cosmetics brands. Notable names in its portfolio include Louis Vuitton, Christian Dior, Moet & Chandon, and Sephora. In January 2021, LVMH completed the acquisition of jewelry Tiffany & Co. for $ 15.8 billion.
Arnault’s five children contribute to various sectors in the expanding LVMH empire. In January 2023, he appointed his daughter Delphine to lead Dior, the group’s second largest brand.
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6. Warren Buffett
- Age: 93
- Residence: Omaha, Nebraska
- Nationality: USA
Warren Buffett, widely known as the “Oracle of Omaha,” is one of the most accomplished investors in history. He heads Berkshire Hathaway, an investment conglomerate with a diverse portfolio that includes many companies, insurance provider Geico, battery maker Duracell, Apple, Nu Holdings and the Dairy Queen restaurant chain. In 2010, Buffett and Bill Gates and Melinda French Gates founded the Giving Pledge initiative, which urges billionaires to donate at least 50 percent of their wealth to charitable organizations. Showing his unwavering philanthropic commitment, Buffett has declared his intention to donate 99 percent of his fortune.Also Read: The youngest billionaire in the world in 2024
7. Larry Page
- Age: 51
- Residence: Palo Alto, California
- Nationality: USA
Larry Page and fellow Stanford PhD student Sergey Brin co-founded Google in 1998. Initially, Page held the position of CEO until 2001 and later continued the role from 2011 to 2015. He remains a member of the board of Alphabet, Google’s parent company. , and hold significant control over the company as the main shareholder. In addition, Page played an important role as a founding investor in Planetary Resources, a company that seeks to mine resources from asteroids and other planetary bodies.
8. Amancio Ortega
- Age: 88
- Residence: La Coruna, Spain
- Nationality: Spanish
This Spanish billionaire is considered one of the pioneers of fast fashion. He is the founder of the fashion group Inditex, known worldwide as the parent company of the brands Zara, Massimo Dutti and Bershka, among others. One of the world’s richest clothing retailers owns 60 percent of Inditex, which has around 7500 stores worldwide. In 1975, he opened his first Zara store with his wife, RosalÃa Mera. He has invested his earnings from Inditex dividends into various real estate properties around the world. According to a Financial Times report from 2022, he invests through his company, Pontegadea, and his property is worth $17.2 billion.
9. Sergey Brin
- Age: 51
- Residence: Los Altos, California
- Nationality: USA
Together with his Stanford PhD colleague, Larry Page, Sergey Brin played a pivotal role in founding the Google search engine in 1998. Originally from Russia, Brin first held the position of president of technology at Google and later transitioned to overseeing special projects, including the development of Google Glass, a device wearables featuring voice-activated “smart glasses.” Currently, Brin is a board member of Alphabet, Google’s parent company, while holding a significant controlling stake in the company.
10. Steve Ballmer
- Age: 68
- Residence: Hunts Point, Washington
- Nationality: USA
Steve Ballmer, a Harvard University classmate of Bill Gates, assumed the role of CEO at Microsoft from 2000 to 2014. His journey with Microsoft began in 1980 when he joined the company as the 30th employee, after graduating from MBA at Stanford University.
In the same year that Ballmer retired from Microsoft, he made headlines by acquiring the Los Angeles Clippers basketball team for a staggering $2 billion, setting a new benchmark for the highest price paid for an NBA team at the time.
Frequently asked questions
1. What is the global number of billions in 2024?Forbes reports that as of April 2, 2024, the number of billionaires has reached 2,781,141 more than last year, and they aggregate $14.2 trillion.
2. Is it possible for the net worth of billionaires to fluctuateIndeed, given that a significant portion of their wealth is tied to publicly traded stocks, the net worth of the wealthiest individuals can fluctuate according to market valuations.
3. Which nation has the highest number of millionaires? According to Forbes World’s Billionaires List 2024, the US has a record 813 billionaires, followed by China with 473 billionaires and India in third place with 200 billionaires.
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