Top 10 richest person in the world: In today’s world, there are some very rich people who have made a lot of money through their vision and innovation. Their wealth is even higher than the total value of some countries.
Top 10 richest Person in the world
Most of these wealthy individuals work in technology, finance, and retail industries. The big difference in wealth between these rich people and those who are not as wealthy is a big worry for many people around the world.
(Data may change according to time on Top 10 richest Person in the world)
Elon Musk
1. Elon Musk
Age: 53
Residence: Boca Chica, Texas
Citizenship: US
Net worth: $250.8 Billion
Companies/ Source of Wealth: Tesla, SpaceX, X
Elon Musk, the CEO of Tesla and SpaceX, recently became the richest person in the world. He holds a significant stake in Tesla, which has been a major contributor to his wealth. In 2022, Musk made headlines by acquiring Twitter for a whopping $44 billion.
Initially launching Tesla in 2010, Musk led the company to significant growth and success. By 2021, he had climbed the ranks to become one of the top 10 wealthiest individuals globally, boasting an impressive fortune of $320 billion at its peak. Musk’s ventures in the electric car industry and space exploration have cemented his status as a prominent figure in the business world.
Larry Ellison
2. Larry Ellison
Age: 80
Residence: Manalapan, Florida
Citizenship: US
Net Worth (in $ Billions): $206.5
Companies/
Source of Wealth: Oracle Corporation
Larry Ellison is a prominent figure in the technology industry and is currently the second richest person in the world. He played a significant role in co-founding Oracle, a software company, in 1977, and served as its CEO until 2014. Presently, Ellison holds the positions of chairman and Chief Technology Officer (CTO) at Oracle. In 2012, he made headlines by acquiring the Hawaiian island of Lanai for a hefty sum of $300 million, showcasing his immense wealth and influence.
Aside from his success with Oracle, Ellison has diversified his investments in various ventures. He has made strategic investments in companies such as Salesforce.com, NetSuite, Quark Biotechnology Inc., and Astex Pharmaceuticals, demonstrating his keen interest in technology, biotechnology, and pharmaceutical industries.
Larry Ellison’s entrepreneurial spirit and forward-thinking approach have not only contributed to his immense wealth but have also solidified his reputation as a savvy businessman and innovator in the technology sector.
Jeff Bezos
3. Jeff Bezos
Age: 60
Residence: Medina, Washington
Citizenship: US
Net Worth (in $ Billions): $202.9
Companies/ Source of Wealth: Amazon, Blue Origin, The Washington Post, IMDB, Audible
Jeff Bezos, ranked as the third richest person in the world, made a significant announcement in July 2021 when he decided to relinquish his role as the CEO of the global ecommerce giant Amazon. Despite stepping down from the chief executive position, Bezos retains his position as chairman of the company he founded.
In a bold move that captured worldwide attention, Bezos embarked on a space voyage during the same month. The venture took place aboard a rocket developed by Blue Origin, a private space exploration company that Bezos established and funded generously with billions of dollars. This space journey marked a personal milestone for Bezos, showcasing his interest in advancing space exploration and technology beyond the confines of Earth.
Mark Zuckerberg
4. Mark Zuckerberg
Age: 40
Residence: Palo Alto, California
Citizenship: US
Net Worth (in $ Billions): $184.6
Companies/ Source of Wealth: Meta Platforms, Inc. (Facebook, Instagram, WhatsApp)
Mark Zuckerberg, the co-founder and CEO of Meta Platforms, had the vision to create the popular social media platform Facebook back in 2004 when he was just 19 years old. At that time, he was a student at Harvard University, studying computer science and psychology. Initially, Facebook was designed to help students on campus connect by matching their names with their photos.
In 2006, the platform expanded its reach and opened its doors to people worldwide who were at least 13 years old and had a valid email address. This move marked a significant milestone in Facebook’s growth and popularity.
In May 2012, Zuckerberg made the decision to take Facebook public, a move that further solidified the company’s presence in the tech industry. By December 2016, he had achieved remarkable success and recognition, ranking 10th on the Forbes list of The World’s Most Powerful People.
As of now, Zuckerberg continues to hold about 13.68 percent stake in Meta Platforms, showcasing his ongoing dedication and involvement in the company he nurtured from its inception. His journey from a college student with a vision to a global tech leader has been nothing short of extraordinary.
Bernard Arnault & Family
5. Bernard Arnault & Family.
Age: 75
Residence: Paris
Citizenship: France
Net Worth (in $ Billions): $171.1
Companies/ Source of Wealth: LVMH
Bernard Arnault, who currently holds the position of the fifth richest person globally, is a prominent figure in the luxury goods industry as the CEO and chairman of Moët Hennessy Louis Vuitton (LVMH). LVMH is recognized as the world’s largest luxury goods company, boasting an impressive portfolio of 75 prestigious fashion and cosmetics brands. Some of the well-known brands under its umbrella include Louis Vuitton, Christian Dior, Moet & Chandon, and Sephora.
In January 2021, LVMH made headlines with the completion of the acquisition of renowned jeweler Tiffany & Co. for a staggering amount of $15.8 billion. This significant move further solidified LVMH’s position as a key player in the luxury market.
Arnault’s influence and legacy extend beyond just his own leadership, as his five children are actively involved in various sectors within the vast LVMH empire. In a strategic decision in January 2023, Arnault appointed his daughter Delphine to lead Dior, one of the group’s prominent and second-largest brands. This demonstrates a continuation of Arnault’s family legacy and commitment to nurturing the development and success of the LVMH brands under his guidance.
Warren Buffett
6. Warren Buffett
Age: 93
Residence: Omaha, Nebraska
Citizenship: US
Net Worth (in $ Billions): $142.1
Companies/ Source of Wealth: Berkshire Hathaway
Known as the “Oracle of Omaha,” Warren Buffett is a multi-entrepreneur and incredibly successful businessman who serves as the head of the investment firm Berkshire Hathaway. Its diverse portfolio includes companies like Apple, Nu Holdings, Duracell batteries, Geico insurance, and Dairy Queen restaurants.
In 2010, Buffett, along with Bill Gates and Melinda French Gates, started the Giving Pledge program. This initiative encourages billionaires to give away at least half of their wealth to help charitable organizations. Buffett, who is known for his philanthropic endeavors, has pledged to donate 99 percent of his wealth, highlighting his strong commitment to giving back and making a positive impact on society.
Bill Gates
7. Bill Gates
Age: 68
Residence: Medina, Washington
Citizenship: US
Net Worth (in $ Billions): $138.7
Companies/ Source of Wealth: Microsoft
In 1987, Forbes first named Bill Gates a billionaire. He held the title of the world’s richest person from 1995 to 2017, except for a few years. In 2021, Gates and Melinda French Gates finalized their divorce, with Melinda receiving over $6 billion in stocks as part of the agreement. After leading Microsoft for 25 years, Gates shifted his focus to charitable work.
In India, the Bill and Melinda Gates Foundation began operations in 2003. The foundation is said to have averted 600,000 new infections with its Avahan project for HIV prevention.
Larry Page
8. Larry Page
Age: 51
Residence: Palo Alto, California
Citizenship: US
Net Worth (in $ Billions): $131.7
Companies/ Source of Wealth: Alphabet Inc.
In 1998, while attending Stanford University, Larry Page and his friend Sergey Brin founded Google. Page held the position of CEO from 2011 to 2015, having previously held it until 2001. He continues to hold a significant number of shares in Alphabet, the parent company of Google, and hence has significant influence within the corporation.
Page also invested in Planetary Resources, a company looking to extract resources from asteroids and other planets, showing his interest in space exploration and innovation.
Sergey Brin
9. Sergey Brin
Age: 50
Residence: Los Altos, California
Citizenship: US
Net Worth (in $ Billions): $126.2
Companies/ Source of Wealth: Alphabet Inc.
Sergey Brin, along with his friend Larry Page, helped create the Google search engine in 1998. Brin, who is originally from Russia, started as the technology president at Google and then focused on special projects, like creating Google Glass, a device that you can wear like glasses and control with your voice.
Now, Brin is a board member of Alphabet, the company that owns Google, and he still owns a big chunk of the company, giving him a lot of influence.
Steve Ballmer
10. Steve Ballmer
Age: 68
Residence: Hunts Point, Washington
Citizenship: US
Net Worth (in $ Billions): $125.7
Companies/ Source of Wealth: Microsoft
Steve Ballmer, a friend of Bill Gates from Harvard University, was the CEO of Microsoft from 2000 to 2014. He joined Microsoft in 1980 as the 30th employee after leaving his MBA program at Stanford University.
After leaving Microsoft, Ballmer bought the Los Angeles Clippers basketball team in 2014 for $2 billion, making it the most expensive purchase of an NBA team at that time.
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