As of February 2024, some outstanding individuals have reached financial heights, pushing them into the top 10 richest persons in the world. These important persons have accumulated significant riches through their businesses and investments. From IT founders like Mark Zuckerberg and Bill Gates to seasoned financiers like Warren Buffett, everyone on this list has a distinct success story. Let’s look at the lives and accomplishments of these wealthy individuals who continue to develop sectors and influence the global economy.
List of Top 10 Richest People in the World
1. Bernard Arnault: Luxury Goods Tycoon
- Net Worth: $210.8 billion
- Source: LVMH/Luxury Goods
- Age: 74
- Residence: Paris
- Citizenship: France
Overview: Bernard Arnault, the CEO and chairman of the luxury goods group LVMH, holds a net worth of $210.8 billion. He regained the top spot as the world’s richest person on January 31, 2024, briefly surpassing Elon Musk. Arnault’s journey involves building the world’s largest luxury goods company, LVMH, with iconic brands such as Louis Vuitton, Christian Dior, Moet & Chandon, Sephora, and Tiffany & Co.
Ongoing Influence: As of February 1, 2024, Arnault’s net worth has increased by approximately $10 billion from the previous month. His continuous rise is attributed to the flourishing value of LVMH shares, marking him as a pivotal figure shaping the landscape of luxury goods and influencing the world of wedding anchoring.
2. Elon Musk: Visionary Entrepreneur
- Net Worth: $182.6 billion
- Source: Tesla, SpaceX, X (Twitter)
- Age: 52
- Residence: Austin, Texas
- Citizenship: U.S.
Overview: Elon Musk, the CEO of Tesla, SpaceX, and X (formerly Twitter), boasts a net worth of $182.6 billion. Known for his innovative ventures, Musk has been a key player in revolutionizing electric cars, space exploration, and social media.
Diverse Ventures: Musk’s journey includes founding X.com, later merging with PayPal, and creating SpaceX in 2002. He joined Tesla in 2004, becoming its CEO in 2008. Musk’s diverse ventures have significantly impacted the tech and automotive industries.
Financial Fluctuations: Musk’s fortunes have experienced highs and lows, with a peak value of $320 billion in November 2021. After briefly losing the top spot, Musk regained it on June 8, 2023, only to fall to No. 2 on January 31, 2024
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3. Jeff Bezos: E-Commerce Pioneer
- Net Worth: $177.4 billion
- Source: Amazon
- Age: 60
- Residence: Medina, Washington
- Citizenship: U.S.
Overview: Jeff Bezos, the founder of Amazon, holds a net worth of $177.4 billion. As a pioneer in e-commerce, Bezos played a pivotal role in shaping online retail and diversifying Amazon’s ventures.
Amazon’s Evolution: Bezos founded Amazon in 1994, starting as an online bookseller. Over the years, Amazon expanded into various sectors, dominating cloud storage and entering the entertainment industry with Amazon Prime Video.
Noteworthy Achievements: Bezos became the world’s richest person in 2017, with his fortune peaking at $320 billion in November 2021. Following a divorce settlement with MacKenzie, he retained around 10% of Amazon, contributing to his current net worth.
4. Larry Ellison: Software Mogul
- Net Worth: $139.3 billion
- Source: Oracle
- Age: 79
- Residence: Woodside, California
- Citizenship: U.S.
Overview: Larry Ellison, co-founder of software giant Oracle, possesses a net worth of $139.3 billion. Known for Oracle’s strategic acquisitions, Ellison has played a vital role in the evolution of the software industry.
Notable Acquisitions: Ellison’s Oracle acquired Sun Microsystems in 2010 for $7.4 billion, showcasing a pattern of substantial acquisitions. Additionally, Ellison made headlines by purchasing the Hawaiian island of Lanai for $300 million.
Financial Peaks: Ellison experienced a brief surge to the third richest person globally in June 2023. Despite fluctuations, his net worth rose by $4 billion in January 2024, reflecting the positive performance of Oracle shares.
5. Mark Zuckerberg: The Social Media Pioneer
- Net Worth: $137.7 billion
- Source: Facebook/Meta
- Age: 39
- Residence: Palo Alto, California
- Citizenship: U.S.
Overview: Mark Zuckerberg, aged 39, co-founded Facebook, now known as Meta Platforms, back in 2004 when he was a student at Harvard University. Over the years, Facebook has become the world’s largest social network, connecting a whopping 3.88 billion people every month. The company expanded its reach by acquiring Instagram and WhatsApp.
As the CEO of Meta, Zuckerberg led the company to go public in 2012. Presently, he still owns about 13% of Meta. Alongside his wife Priscilla Chan, Zuckerberg pledged to direct 99% of their stock in Meta toward initiatives that enhance human potential.
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6. Warren Buffett: The Wise Investor
- Net Worth: $126.3 billion
- Source: Berkshire Hathaway
- Age: 93
- Residence: Omaha, Nebraska
- Citizenship: U.S.
Overview: Known as the “Oracle of Omaha,” Warren Buffett, aged 93, is one of the most successful investors in history. Leading Berkshire Hathaway, he has overseen a conglomerate of companies, including Geico, Duracell, and Dairy Queen.
Buffett, a co-founder of the Giving Pledge, commits to giving away at least half of his fortune to charitable causes. With over $51.5 billion donated to the Gates Foundation and his children’s foundations, he holds the title of the most generous billionaire globally.
Financial Movements: In January 2024, Buffett’s fortune increased by $7.7 billion, propelled by a 7.6% rise in Berkshire Hathaway shares.
7. Bill Gates: Tech Visionary Turned Philanthropist
- Net Worth: $122.2 billion
- Source: Microsoft, investments
- Age: 68
- Residence: Medina, Washington
- Citizenship: U.S.
Overview: Bill Gates, aged 68, developed a passion for computer programming in his teenage years. Dropping out of Harvard, he co-founded Microsoft in 1975 with Paul Allen, contributing to the early days of the personal computer industry.
Post-Microsoft Ventures: Gates remained CEO of Microsoft for 25 years and continued as chairman until 2014. He transitioned out of the board in 2020 but remains connected, spending about 10% of his time consulting with Microsoft teams. Gates has diversified his investments, including holdings in companies like Republic Services and Deere & Co.
Gates, a significant donor to the Gates Foundation, has given over $59 billion, with a substantial $20 billion gift in July 2022. His rank dropped one spot to No. 7 among the world’s richest in February 2024, even as his fortune grew by $2.6 billion in January.
8. Larry Page: Google’s Co-founder and Innovator
Net Worth: $117.7 billion
- Source: Google
- Age: 50
- Residence: Palo Alto, California
- Citizenship: U.S.
Overview: Larry Page, aged 50, co-founded the search engine giant Google with Sergey Brin in 1998. Serving as CEO from 1998 to 2001 and again from 2011 to 2015, Page now holds a role as a board member of Google’s parent company, Alphabet, and remains a controlling shareholder.
Diversified Investments: Page expanded his portfolio by investing in companies such as Planetary Resources, which was later acquired by ConsenSys in 2018. In May 2023, a significant 15% surge in Alphabet’s share price propelled him into the top 10 richest. In the month of January 2024, Page’s fortune increased by about $500 million with a 1% rise in Alphabet’s stock.
9. Steve Ballmer: Microsoft Mogul and Sports Enthusiast
- Net Worth: $117.3 billion
- Source: Microsoft, investments
- Age: 67
- Residence: Hunts Point, Washington
- Citizenship: U.S.
Overview: A classmate of Bill Gates at Harvard, Steve Ballmer, aged 67, joined Microsoft as its 30th employee in 1980. Serving as CEO from 2000 to 2014, Ballmer played a crucial role in the company’s growth.
Sports Venture: Following his retirement from Microsoft, Ballmer made headlines by purchasing the Los Angeles Clippers for a record-breaking $2 billion. Currently valued at $4.65 billion, the team reflects Ballmer’s continued success.
Financial Upswing: In the past month, Ballmer’s fortune rose by an estimated $5.1 billion amid a nearly 6% climb in the price of Microsoft stock.
10. Sergey Brin: Google’s Co-founder and Philanthropist
Net Worth: $112.9 billion
- Source: Google
- Age: 50
- Residence: Los Altos, California
- Citizenship: U.S.
Overview: Sergey Brin, aged 50, stepped down as the president of Alphabet in December 2019 but remains a controlling shareholder and board member. Co-founding Google with Larry Page in 1998, Brin played a crucial role in the company’s early success.
Brin, the richest immigrant in America, has actively donated over $1.1 billion to advance research into Parkinson’s disease, a condition he is at higher risk of developing. In January 2024, Brin’s fortune increased by $500 million with a 1% rise in the price of Alphabet stock.
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