To calculate net worths, we used stock prices and exchange rates from March 10, 2023. See below for the full list of the world’s billionaires and our methodology. For daily updated net worths of all 2,640 billionaires, check out our real-time billionaires rankings.
The world’s 10 richest people got a record $64 billion richer from Trump’s reelection
There are 141 more billionaires in the world than last year, with 2,781 in total. Their combined worth equals $14.2 trillion — up by $2 trillion in 2023. When Ballmer retired from Microsoft, he purchased the Los Angeles Clippers team for $2 billion—a record high for an NBA team at the time. He cofounded Google with Larry Page in 1998 after the two met at Stanford University while studying for advanced degrees in computer science.
Bezos overtook Bill Gates to top the list of richest people in the world in July 2017. He and Gates traded the number one and number two richest spots off and on. Surging shares of Meta Platforms—which owns Facebook, Instagram and WhatsApp—pushed Mark Zuckerberg back up into the world’s top ten richest earlier this summer for the first time since January 2022. The only female billionaire in the Middle East, Renuka Jagtiani leads retailing giant Landmark Group and has a net worth of $4.8 billion. Meanwhile, real estate mogul Kabir Mulchandani, owner of FIVE Holdings, controls a fortune of $2 billion.
It hasn’t been easy, especially amid AI competition and tech layoffs, including 21,000 job cuts at his Meta Platforms since November. Meanwhile, the charitable Chan Zuckerberg Initiative, which aims to create tools to help cure or manage all diseases, announced a new Chicago Biohub in March. All five of Arnault’s children work in parts of the LVMH empire. Earlier this year, Arnault nominated two of his sons—Alexandre and Frédéric—to the board of LVMH and in November Alexandre was named deputy CEO of LVMH’s wine and spirits division.
- While Gates’ fortune grew by $2 billion during December 2023, his rank among the world’s richest held steady at No. 6 as of January 1.
- In the early 1990s, the title was often held by Japanese real estate and investment moguls, emblematic of Japan’s economic bubble.
- All five of Arnault’s children work in parts of the LVMH empire.
- Here are the 10 richest people in the world as of October 1, 2023 at 12 a.m.
- Stock prices fluctuate routinely, so these net worths may change on a daily basis.
He eventually stepped off the board in 2020 but told Forbes in early 2023 that he still spends about 10% of his time consulting with teams at Microsoft. As a teenager, Gates became passionate about computer programming. He dropped out of Harvard to cofound software firm Microsoft with his high school friend Paul Allen in 1975, creating one of the first software programs available for the nascent personal computer industry. Between September 1 and October 1, Page’s fortune fell by about $5 billion as Alphabet shares dropped about 4%. Known as the “Oracle of Omaha,” Warren Buffett is one of the most successful investors of all time, and one of the richest people in the world. He dropped to fourth richest but moved back to No. 3 on January 25, 2023 as the fortune of India’s Gautam Adani (formerly No. 3 richest) fell.
Gerard Wertheimer Net Worth
He moved into the number one spot in June this year, overtaking Bernard Arnault of France. Musk became the world’s richest person yet again in late May 2024, after his startup xAI raised $6 billion from private investors at a $24 billion valuation. XAI raised an additional $5 billion from investors in November, valuing the startup at $50 billion. Musk is CEO of electric car company Tesla, rocket firm SpaceX and social media company X, formerly known as Twitter.
The L’Oréal heiress has kept her title of the world’s richest woman for the third year in a row, thanks to a 12% rise in the cosmetics giant’s stock in the last 12 months. Musk has mostly tweeted himself out of the top spot on the ranks, with Tesla stock down nearly 50% since he announced his $44 billion takeover of Twitter last April, far outpacing the tech-heavy Nasdaq’s 18% drop. Investors have bemoaned the $23 billion of Tesla shares he sold to finance the acquisition.
Pavel Durov—the founder and owner of the messaging app Telegram—is the richest man in the Middle East, with a net worth of $15.5 billion in 2024, up from $11.5 billion in 2023. Zhang Yiming, who founded Tik Tok-parent Bytedance, dropped one place, from No. 25 to No. 26, as his embattled company has taken a haircut from investors. Binance founder Changpeng Zhao, known as CZ, fell from No. 19 last year all the way to No. 167 amid the crypto winter. It was a down year for many of the planet’s 2,640 billionaires–including those at the very top of the top. The 25 richest people in the world are worth a collective $2.1 trillion, according to Forbes’ World’s Billionaires list, released Tuesday–down a combined $200 billion from $2.3 trillion in 2022.
Jensen Huang Net Worth
China’s bottled water king remains the country’s richest person for the third year in a row. Gains by Zhong-led beverage producer Nongfu Spring offset a decline in shares of his Covid test supplier Beijing Wantai Biological Pharmacy after the country eased pandemic restrictions at the end of last year. Like his top 100 richest person in world cofounder Larry Page (No. 12), he stopped what the two men called their “daily nagging” at Google in 2019. A code request filed in January appears to be his first in years, and he has reportedly submitted code changes to Google’s AI chatbot.
Who are the top 10 richest people in the world?
It’s a marked change from the 2001 list of billionaires, when 49% of the total 565 billionaires were self-made. Forbes uses the term “self-made” as a contrast to “inherited” and “inherited & growing;” it’s not meant to indicate that someone created a billion-dollar fortune all on their own. Sergey Brin stepped down as president of Alphabet, parent company of Google, in December 2019 but remains a controlling shareholder and a board member. These days he has investments in dozens of companies, including waste removal firm Republic Services and agricultural equipment maker Deere & Co., and is one of the largest owners of farmland in the U.S. Here are the 10 richest people in the world as of October 1, 2023 at 12 a.m.