The company also owns Instagram and WhatsApp, which it acquired. Bernard Arnault, CEO and chairman of luxury goods group LVMH, maintains his No. 5 rank despite a $9 billion contraction in his fortune this past month. In October the company reported quarterly earnings, which were depressed by ongoing weak demand in China. Caitlin O’Kane is a New York City journalist who works on the CBS News social media team as a senior manager of content and production. She writes about a variety of topics and produces “The Uplift,” CBS News’ streaming show that focuses on good news.
Takemitsu Takizaki Net Worth
He and Melinda French Gates divorced in 2021; she received an estimated $10 billion in stock and other assets as part of the divorce settlement. In 2012, Ellison bought the Hawaiian island of Lanai for $300 million. He moved from California to Lanai in 2020 but kept his homes in California and Nevada.
MSD Partners, which manages over $12 billion, merged with fellow billionaire Byron Trott’s BDT & Co. in October. Gates stepped down from the board of Microsoft in 2020 but still spends 10% of his time working with teams at the software firm–including those at OpenAI, which Microsoft has backed. “This is every bit as important as the PC, as the internet,” top 100 richest person in world Gates told Forbes in February, referring to generative artificial intelligence tools like OpenAI’s ChatGPT. Meanwhile, he and his former wife, Melinda French Gates, are boosting spending by the Gates Foundation, which they co-chair and plan to wind down within 25 years. Brin cofounded search engine Google with fellow Stanford computer science PhD candidate Larry Page. Like Page, he currently serves as a board member of Google’s parent company Alphabet and is a controlling shareholder.
Ken Griffin Net Worth
He moved into the number one spot in June of 2023, overtaking Bernard Arnault of France. As of October 1, Arnault is worth almost $22 billion less than a month ago, per Forbes’ estimates, following a nearly 11% drop in the the price of LVMH shares. Musk has been the world’s richest person since late May, and he’s just widened the gap between him and the No. 2 richest to more than $100 billion.
The Oracle chairman and former CEO rose four spots amid a tough year for tech, as Oracle shares increased 10% on solid earnings and a focus on security. Ellison bought one of Florida’s most expensive homes for $173 million last summer, adding to his portfolio of glitzy real estate, including the Hawaiian island of Lanai, where he lives. As of December 1, 2024, the richest person in the world is Tesla and SpaceX CEO Elon Musk. He moved into the number one spot in late May 2024, overtaking Bernard Arnault of France.
One Of The Richest Members Of Congress Owes His Fortune To A 150-Year-Old American Invention
Ballmer’s fortune rose by an estimated $3.9 billion in November primarily due to an uptick in Microsoft shares, which climbed about 4% during the month. Page cofounded search engine Google with fellow Stanford PhD student Sergey Brin in 1998 and served as CEO until 2001 and from 2011 to 2015. He now serves as a board member of Google’s parent Alphabet and continues to be a controlling shareholder. In 2012, Ellison bought 98% of the Hawaiian island of Lanai for $300 million. Ellison invested in Tesla and served on the board of the car company from 2018 through August 2022.
- The Oracle chairman and former CEO rose four spots amid a tough year for tech, as Oracle shares increased 10% on solid earnings and a focus on security.
- Egyptian billionaire Nassef Sawiris is still the richest Arab in the world and ranked second in the Middle East after Durov, with a net worth of $8.8 billion.
- Altogether, the planet’s billionaires are now worth $12.2 trillion, a drop of $500 billion from $12.7 trillion in March 2022.
- Until Musk receives those options, Forbes will continue to discount the Tesla options from the pay package by 50%.
- Our list features all citizens of MENA countries, as well as expats whose business interests primarily lie in the region.
- Bezos was the world’s richest person on Forbes’ list of the World’s Billionaires from 2018 through 2021; he dropped to second richest on the 2022 billionaires list.
Brin sold more than $2.5 billion worth of Alphabet shares between May 2021 and April 2022, but has only gifted stock since. He has donated a total of $1.1 billion to Parkinson’s disease research. Bernard Arnault, head of luxury goods giant LVMH, is up $53 billion–more than any billionaire, and enough to vault him into No. 1 spot for the first time. His fortune declined by $1.7 billion as shares of Google-parent Alphabet drooped. In late November the Department of Justice said Google should sell its Chrome browser in order to reduce the company’s dominance online.
There were rapid-fire public offerings, surging cryptocurrencies and skyrocketing stock prices. The number of billionaires on Forbes’ 35th annual list of the world’s wealthiest exploded to an unprecedented 2,755—660 more than a year ago. Altogether they are worth $13.1 trillion, up from $8 trillion on the 2020 list. Zuckerberg rejoined the world’s top 10 richest earlier this summer for the first time since January 2022, as the result of a rise in the price of Meta’s stock. During the month of September, his fortune rose by an estimated $1.6 billion and he moved from No. 9 to No. 8 richest.
The CEO of electric carmaker Tesla, Musk also owns stakes in privately held rocket firm SpaceX and social media company X, formerly known as Twitter. The richest woman in the world is Alice Walton, daughter of Walmart founder Sam Walton. As of December 1, 2024, she is worth an estimated $101.9 billion and is the world’s 17th richest person. Her fortune lies in her ownership stake in retailer Walmart, which she inherited from her late father. Her brothers Rob, Jim and John (d. 2005) also inherited stakes in Walmart from their father. John’s widow Christy Walton and their son Lukas Walton inherited John’s shares and both rank on Forbes’ billionaires list.
The richest woman in the world is Francoise Bettencourt Meyers of France. As of January 1, 2024, she is worth an estimated $98.9 billion and is the world’s 14th richest person. Her fortune lies in her ownership stake in cosmetics giant L’Oreal, which she inherited from her late mother. As of October 1, 2023, the richest man in the world is Elon Musk, the CEO of electric car company Tesla; he’s worth an estimated $250 billion.