His daughter Delphine, who runs Dior, and son Antoine, already sit on the board. In June he named top 100 richest person in world son Frédéric as head of LVMH’s family holding group. His youngest son, Jean, is director of watches at Louis Vuitton. China has 473 billionaires and India has 200, which set a record for that country.
Satoshi Nakamoto Net Worth
Zuckerberg rejoined the world’s top 10 richest in the summer of 2023 for the first time since January 2022, as the result of a rise in the price of Meta’s stock. During the month of December, his fortune rose by $9.4 billion, while Meta’s stock climbed 9%. Software tycoon Larry Ellison of Oracle was the biggest loser of the top ten; his fortune fell by $11.2 billion during December as Oracle’s stock fell 10%. As of January 1, Arnault still ranks No. 2 richest, worth an estimated $200.7 billion. Arnault, the CEO and chairman of LVMH, has built the company into a giant with more than 70 brands, from Louis Vuitton and Christian Dior to Tiffany & Co. and Sephora.
Altogether, the world’s top 10 richest are worth an estimated $1.81 trillion as of December 1, up by $106 billion from a month ago. U.S. stock indices rallied following Trump’s election victory, with the S&P 500 index up nearly 3.6% for the month and the Nasdaq up 3.5%. Musk owns an estimated 74% of the social media company, which is now worth nearly 70% less than he paid, Forbes estimates. This and other factors like low Tesla earnings have lead to his net worth dipping below $200 billion several times over the last two years. Brin, who came to the U.S. from Russia with his family when he was 6 years old to escape anti-Semitism, is the richest immigrant in America.
John Menard Net Worth
After dropping in the Forbes ranking, Musk became the world’s richest person again on June 8, 2023 and held onto the number one spot for the remainder of 2023. Musk’s fortune rose by about $6 billion in December, lifted by a 4% rise in the price of Tesla shares. Musk is CEO of electric car company Tesla and rocket firm SpaceX; chairman and CTO of social media company X, formerly known as Twitter; and founder of artificial intelligence firm xAI. He owns 13% of Tesla stock and has pledged some of his stock as collateral for loans. Until Musk receives those options, Forbes will continue to discount the Tesla options from the pay package by 50%.
Larry Ellison
His fortune briefly hit its highest ever level–$334 billion– on November 22, per Forbes’ estimates. As of midnight Eastern time on December 1, Musk is worth $330 billion–a whopping $66 billion more than on November 1. 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. After dropping in the Forbes ranking, Musk became the world’s richest person again on June 8, 2023 and still ranks No. 1 on October 1. Tesla shares have risen nearly 130% since the start of the year, propelling Musk’s fortune higher. 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 and No. 3 on the 2024 list.
- Middle Eastern residents whose source of wealth is outside of the region have not been included.
- Larry Ellison cofounded software firm Oracle in 1977 and ran it as CEO until 2014; he now serves as chairman and Chief Technology Officer of the company.
- His youngest son, Jean, is director of watches at Louis Vuitton.
- She writes about a variety of topics and produces “The Uplift,” CBS News’ streaming show that focuses on good news.
Ben Affleck portrays a young Knight in the new movie AIR, about the brand’s lucrative signing of a young Michael Jordan. A chunk of the proceeds likely helped fund Rob Walton’s record $4.7 billion purchase of the Denver Broncos last August. That investment is off to a slow start, with the team unexpectedly missing the NFL playoffs.
Billionaires themselves are also wealthier, with two-thirds adding to their worth. The top 20 on the list gained the most, adding $700 billion to their combined worth since 2023. And the U.S. has a record 813 billionaires — the most of any country.
He was the richest person in the world for the first five months of 2023. The wealth of the world’s 10 richest people also soared by a record amount, according to Bloomberg’s Billionaire Index. Her fortune lies in her ownership of shares in cosmetics giant L’Oreal, which she inherited from her late mother. Ballmer’s fortune fell by nearly $4 billion in the past month partly due to a slight decline in the price on Microsoft shares. He was CEO of the company for 25 years and remained chairman until 2014.
The top 25 mostly made their money in technology (eight list members) and fashion & retail (seven). Zuckerberg’s net worth rose by $2.4 billion, the result of a slight gain in Meta shares during November. Shares of Oracle rose in the past month, adding $22.1 billion to Ellison’s fortune. As of December 1 he is worth about $3.6 billion more than No. 3 Jeff Bezos.
Musk, the founder of Tesla and SpaceX, also bought Twitter for $44 million in 2022, renaming it X. Ballmer’s fortune fell by an estimated $600 million in the past month amid a less than 1% climb drop in the price of Microsoft shares. Larry Ellison cofounded software firm Oracle in 1977 and ran it as CEO until 2014; he now serves as chairman and Chief Technology Officer of the company. Over the years Oracle has made a series of large acquisitions, including buying Sun Microsystems in 2010 for $7.4 billion. Together the world’s 10 richest people, according to Forbes, are worth $1.47 trillion as of the strike of midnight on January 1—up from $1.44 trillion a month ago. This year there are four people worth $100 billion or more—up from just one (Bezos) on last year’s list.
Arnault was the world’s richest person for most of the first half of 2023 and again from February through late May 2024. Zuckerberg cofounded Facebook—now called Meta Platforms—when he was a student at Harvard University in 2004. It has grown to be the world’s largest social network, with several billion users globally. The company also owns Instagram and WhatsApp, both of which it acquired and greatly expanded.