Know about the top 10 billionaires of the world, with their visionary outlook and innovative spirit.
After surpassing Bernard Arnault and Jeff Bezos,Elon Muskis leading the Forbes Real Time Billionaires list with a net worth of $210.7 B, and is currently richest person in the world. He is closely followed by Bernard Arnault and Jeff Bezos with a net worth of $201.0 B and $197.4 B respectively, both of them are placed at second and third position in the Richest Persons in the World list.
From Bernard Arnault to Elon Musk; Here are the top 10 as of now, showcasing their immense wealth and the industries that helped them achieve their fortunes.
Elon Musk – $210 Billion
Elon Musk, the innovative force behind companies like Tesla and SpaceX, ranks second with a net worth of $203 billion. Born in South Africa, Musk’s journey to wealth began with the creation of Zip2, one of the earliest online navigation services, and later X.com, which evolved into PayPal. Musk’s wealth is largely tied to his stakes in Tesla and SpaceX, with Tesla’s groundbreaking advancements in electric vehicles and SpaceX’s achievements in space exploration bolstering his fortune. Musk’s ventures also include The Boring Company and Neuralink, reflecting his diverse interests in technology and infrastructure.
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Bernard Arnault – $202 Billion
Bernard Arnault, a French national, stands as the wealthiest person in the world with a net worth of $207 billion. As the CEO and Chairman of LVMH, Arnault oversees the largest luxury goods company globally, which includes iconic brands such as Louis Vuitton, Hennessy, Marc Jacobs, and Sephora. His fortune is primarily derived from his 48% stake in LVMH, held through entities associated with his investment firm, Financiere Agache. Arnault’s business acumen first became apparent in the 1970s when he transformed his father’s construction business into a real estate company. His foray into luxury goods began in earnest in 1984, leading to his significant investment in LVMH by 1987 and becoming its CEO two years later.
Jeff Bezos – $194 Billion
Jeff Bezos, founder of Amazon, holds a net worth of $199 billion. Bezos started Amazon in 1994 as an online bookstore, which rapidly expanded into a global e-commerce and tech powerhouse. Apart from his significant stake in Amazon, Bezos owns Blue Origin, a private aerospace manufacturer, and The Washington Post. His wealth saw a notable increase during the COVID-19 pandemic due to the surge in online shopping. Bezos stepped down as Amazon’s CEO in 2021 but remains actively involved as the executive chairman.
Mark Zuckerberg – $163 Billion
Mark Zuckerberg, co-founder and CEO of Meta Platforms (formerly Facebook), has amassed a fortune of $166 billion. Zuckerberg launched Facebook in 2004 from his Harvard dormitory, and it has since grown into the largest social media platform in the world. His wealth is largely attributed to his 13% stake in Meta. Under Zuckerberg’s leadership, the company has expanded into various technologies and services, including Instagram, WhatsApp, and Oculus VR.
Larry Ellison – $146 Billion
Larry Ellison, co-founder, chairman, and CTO of Oracle, has a net worth of $132 billion. Ellison founded Oracle in 1977, revolutionizing the database industry with the first commercial relational database program. His wealth includes a significant stake in Oracle and investments in companies like Tesla. Ellison is also known for his philanthropic efforts in medical research and his involvement in competitive sailing.
Larry Page – $142 Billion
Larry Page, co-founder of Google, now Alphabet, boasts a net worth of $153 billion. Page, along with Sergey Brin, developed Google’s search engine technology while at Stanford University, revolutionizing internet data extraction. Page served as CEO of Google until 2001 and again from 2011 to 2019. His wealth comes from his 6% stake in Alphabet and various other investments.
Warren Buffett – $137 Billion
Sergey Brin – $136 Billion
Warren Buffett, known as the Oracle of Omaha, is the CEO of Berkshire Hathaway with a net worth of $137 billion. Buffett’s investment strategy focuses on acquiring undervalued companies and holding them long-term. His portfolio includes major interests in insurance, energy distribution, railroads, and consumer products. Buffett is also a notable philanthropist, having donated billions to various causes.
Sergey Brin, co-founder of Google, has a net worth of $145 billion. Brin, originally from Moscow, co-developed Google’s search engine with Larry Page. He served as Google’s president of technology and later held the same role at Alphabet, the parent company of Google. Brin’s wealth primarily comes from his 6% stake in Alphabet and other investments.
Bill Gates – $129 Billion
Bill Gates, co-founder of Microsoft, has a net worth of $152 billion. Gates, who started Microsoft in 1975 with Paul Allen, led the company to become the world’s largest software maker. Though he stepped down from his day-to-day role at Microsoft in 2008, Gates remains a prominent figure in tech and philanthropy. His wealth includes a 1.4% stake in Microsoft and various investments through his private firm, Cascade Investment.
Steve Ballmer – $123 Billion
Steve Ballmer, former CEO of Microsoft and current owner of the Los Angeles Clippers, has a net worth of $144 billion. Ballmer joined Microsoft in 1980 and succeeded Bill Gates as CEO in 2000, a position he held until 2014. His wealth includes a 4% stake in Microsoft, the Clippers, and other assets like The Forum and Intuit Dome.
