Richest People
Top 10 Richest People In the World (2024)
Then you should worry less as we have compiled, in this article a list of the top 10 richest people in the world. Are you wondering…
Are you wondering who are the richest people in the world? Then you should worry less as we have compiled, in this article a list of the top 10 richest people in the world.
It is undeniable that billionaires have a big influence on everything from political choices to social and economic reforms and that they control $1.3 trillion in assets.
The top 10 richest people in the world are a diverse group of individuals who have made their fortunes in a variety of ways. Some, like Elon Musk and Jeff Bezos, have founded successful technology companies, while others, like Warren Buffett and Bill Gates, have made their fortunes through investing. No matter how they have made their fortunes, the top 10 richest people in the world are all incredibly wealthy. They have the resources to do and buy anything they want, and they often use their wealth to help others.
For example, Warren Buffett is known for his charitable giving, and Bill Gates has donated billions of dollars to fight diseases like malaria and polio. The top 10 richest people in the world are an inspiration to many people. They show that anything is possible if you work hard and are willing to take risks. They also show that it is important to use your wealth to help others.
Top 10 Richest People In The World
The table below contains the name, net worth, and source of wealth of the top 10 richest people in the world in 2024.
| Rank | Name | Net worth (USD) | Source of wealth | Nationality |
|---|---|---|---|---|
| 1 | Elon Musk | 212.3 billion | CEO of SpaceX and Tesla | American |
| 2 | Jeff Bezos | 203.5 billion | Founder and CEO of Amazon | American |
| 3 | Bernard Arnault | 194.2 billion | CEO of LVMH Moët Hennessy – Louis Vuitton SE | French |
| 4 | Mark Zuckerberg | 175.9 billion | Microsoft and Meta | American |
| 5 | Larry Ellison | 174.1 billion | Oracle Corporation | American |
| 6 | Larry Page | 145.8 billion | Alphabet | American |
| 7 | Sergey Brin | 139.6 billion | Alphabet | American |
| 8 | Warren Buffett | 134.8 billion | Berkshire Hathaway | American |
| 9 | Bill Gates | 133.5 billion | Co-founder of Microsoft | American |
| 10 | Steve Ballmer | 130.4 billion | Microsoft | American |
1. Elon Musk
Top 10 Richest People In The World-Elon Musk
Elon Musk is the richest person in the world, with a net worth of over $200 billion. He is the founder and CEO of Tesla, SpaceX, and The Boring Company. He is also a co-founder of Neuralink and OpenAI. Musk was born in Pretoria, South Africa, in 1971. He moved to Canada when he was 17 to attend Queen’s University. He transferred to the University of Pennsylvania two years later, where he received an economics degree from the Wharton School and a degree in physics from the College of Arts and Sciences.
After graduating from Penn, Musk moved to California to attend Stanford University. However, he dropped out after two days to pursue a business career. He co-founded Zip2, a web software company, with his brother Kimbal in 1995. The company was acquired by Compaq for $307 million in 1999.
Musk then founded X.com, an online bank. X.com later merged with Confinity, the company that developed PayPal, to form PayPal. PayPal was acquired by eBay for $1.5 billion in 2002. In 2002, Musk founded SpaceX, an aerospace manufacturer and space transport services company. SpaceX’s goal is to reduce space transportation costs and enable the colonization of Mars. The company has developed the Falcon 9 and Falcon Heavy launch vehicles, the Dragon spacecraft, and the Starlink satellite constellation.
In 2003, Musk co-founded Tesla, an electric vehicle and clean energy company. Tesla’s goal is to accelerate the world’s transition to sustainable energy. The company has developed the Model S, Model X, Model 3, and Model Y electric cars, as well as the Powerwall and Powerpack battery storage products.
Musk is also the founder of The Boring Company, a tunnel construction company. The Boring Company’s goal is to reduce traffic congestion by building a network of tunnels under major cities. Musk has been praised for his ambitious goals and his ability to achieve them. He has also been criticized for his erratic behaviour and his sometimes unrealistic promises. However, there is no doubt that he is one of the most successful and innovative entrepreneurs of our time.
2. Jeff Bezos
Jeff Bezos is a well-known entrepreneur and business magnate who is one of the top 10 richest people in the world. He is the founder and former CEO of Amazon, the world’s largest online retailer. Bezos started Amazon in 1994 as an online bookstore and has since transformed it into a global e-commerce giant that offers a wide range of products and services. He is also the owner of The Washington Post and Blue Origin, a space exploration company.
He is known for his strategic business acumen and innovation, which have helped him build one of the most successful and influential companies in the world. Bezos is widely recognized as one of the most successful entrepreneurs of his generation. He has a net worth of over $100 billion and has been named the world’s richest person multiple times. Under his leadership, Amazon has revolutionized the retail industry and disrupted traditional business models.
Jeff Bezos is also known for his philanthropic efforts, including his creation of the Bezos Earth Fund, which aims to support organizations that are working to address climate change. Despite stepping down as CEO of Amazon in 2021, Bezos remains one of the most influential figures in the tech industry and continues to play an important role in shaping the future of e-commerce and space exploration.
3. Bernard Arnault
Bernard Arnault is one the richest man in the world in 2024. He is a French business magnate, investor, and art collector. He is the founder and chairman and chief executive officer of LVMH Moët Hennessy – Louis Vuitton SE, the world’s largest luxury goods company. His family is also considered one of the richest families in the world.
He was born in Roubaix, France, in 1949. He studied at the École Polytechnique in Paris and then worked as an engineer for a construction company. In 1984, he took over Christian Dior, a French luxury fashion house.
Bernard Arnault quickly turned Dior into a profitable company and then began acquiring other luxury brands, including Louis Vuitton, TAG Heuer, and Bulgari. In 1990, he merged his company with Moët Hennessy, a French champagne and cognac maker, to create LVMH.
Arnault is a very private person and does not often give interviews. However, he has been praised for his business acumen and his ability to create successful luxury brands. He is also known for his philanthropy and has donated millions of dollars to charities around the world. Arnault’s fortune has grown significantly in recent years, thanks to the success of LVMH and the rising value of luxury goods. He is also a major shareholder in several other companies, including Dior, Louis Vuitton, and Sephora.
4. Mark Zuckerberg
Mark Zuckerberg is an American businessman. He co-founded the social media service Facebook, along with his Harvard roommates in 2004, and its parent company Meta Platforms (formerly Facebook, Inc.), of which he is chairman, chief executive officer and controlling shareholder. Zuckerberg is currently the fourth richest person in the world with a net worth of $175.9 billion.
In 2010, a film titled The Social Network was released. The film depicted Zuckerberg’s early career, legal troubles, and initial success with Facebook. The film won multiple Academy Awards. Zuckerberg’s prominence and fast rise in the technology industry has prompted political and legal attention. Like most people on this list, Zuckerberg is also a philanthropist. In 2015, Zuckerberg and his wife, Priscilla Chan, pledged to give away 99% of their Meta stake over their lifetimes.
5. Larry Ellison
Larry Ellison is a technology entrepreneur and business magnate who is one of the top 10 richest people in the world. He is best known as the co-founder and former CEO of Oracle Corporation, a multinational computer technology corporation that specializes in developing and marketing enterprise software products.
Ellison co-founded Oracle in 1977 and helped to grow the company into one of the largest software companies in the world. He stepped down as CEO in 2014 but remained active as the company’s executive chairman until 2020.
Despite this, he is widely respected for his contributions to the tech industry and his philanthropic efforts. Ellison has donated millions of dollars to various causes, including medical research and education. He is also a passionate sailor and has sponsored several America’s Cup teams. Ellison has a net worth of over $90 billion and remains an influential figure in the tech industry.
6. Larry Page
Larry Page was Google’s founding CEO and grew the company to more than 200 employees and profitability before moving into his role as President, Products in April 2001. He continues to share responsibility for Google’s day-to-day operations with Eric Schmidt and Sergey Brin. Page is also an Alphabet board member, employee, and controlling shareholder.
Page has an estimated net worth of 145.8 billion as of June 2024, according to Forbes, making him the sixth-richest person in the world. He has also invested in flying car startups Kitty Hawk and Opener. Page is the co-creator and namesake of PageRank, a search ranking algorithm for Google for which he received the Marconi Prize in 2004 along with co-writer Brin.
7. Sergey Brin
Sergey Brin is a Russian-American entrepreneur and computer scientist who is best known for co-founding Google with Larry Page. Born in Moscow in 1973, Brin emigrated to the United States with his family at the age of six. He went on to attend Stanford University, where he met Larry Page and began working on a research project that would eventually become the foundation for Google.
Together, Brin and Page developed a revolutionary new search engine algorithm that quickly became the most popular search engine in the world. They went on to build a multi-billion dollar company that has since expanded into numerous other areas, including cloud computing, artificial intelligence, and self-driving cars.
In addition to his work at Google, Brin is also known for his philanthropic efforts. He has donated millions of dollars to various causes, including Parkinson’s disease research and efforts to combat climate change. Brin has a net worth of over $100 billion, making him one of the top 10 richest people in the world as of 2024.
8. Warren Buffett
Warren Buffett is one of the richest people in the world. He is an American investor, business magnate, and philanthropist who is one of the top 10 richest people in the world.
He is the chairman and CEO of Berkshire Hathaway, a multinational conglomerate holding company that owns a diverse range of businesses, including GEICO, Duracell, and Dairy Queen. Buffett is widely regarded as one of the most successful investors in history, and he is known for his long-term investment strategy and his focus on value investing.
Buffett is also known for his philanthropic efforts. He has pledged to give away the majority of his wealth to charitable causes, and he has already donated billions of dollars to various charities and foundations. In 2010, he and Bill and Melinda Gates launched The Giving Pledge, a campaign that encourages the world’s wealthiest people to give away the majority of their wealth to philanthropic causes.
Buffett is also known for his down-to-earth personality and his frugal lifestyle. Despite his massive wealth, he still lives in the same house he bought in 1958, and he is famously known for his love of fast food and Coca-Cola. Buffett has a net worth of over $100 billion and remains an influential figure in the world of business and investing.
9. Bill Gates
Bill Gates is an American entrepreneur, software developer, and philanthropist who is one of the top 10 richest people in the world. He is the co-founder of Microsoft Corporation, the world’s largest personal computer software company.
Gates played a key role in developing the company’s flagship product, Microsoft Windows, and was instrumental in helping to shape the personal computer industry. In addition to his work at Microsoft, Gates is also known for his philanthropic efforts. He and his wife, Melinda Gates, founded the Bill & Melinda Gates Foundation, which is one of the largest charitable organizations in the world.
The foundation is focused on global health, education, and poverty alleviation, and has donated billions of dollars to various causes over the years. Gates himself has donated over $35 billion to the foundation and has pledged to give away the majority of his wealth to charitable causes.
Gates is widely recognized as one of the most influential figures in the tech industry and has received numerous awards and honours for his contributions to science, technology, and philanthropy. He stepped down as Microsoft’s CEO in 2000 but remains active as a technology advisor and philanthropist. Gates has a net worth of over $130 billion and remains one of the most influential and respected figures in the business and technology world.
10. Steve Ballmer
Steven Anthony Ballmer is an American businessman and investor who was the chief executive officer of Microsoft from 2000 to 2014. He is the owner of the Los Angeles Clippers of the National Basketball Association (NBA). He is a co-founder of Ballmer Group, a philanthropic investment company.
Top 10 Richest People In The World
Here is a list of the richest people in the world in 2024:
- Elon Musk – net worth of $212.3 billion
- Jeff Bezos – net worth of $203.5 billion
- Bernard Arnault – net worth of $194.2 billion
- Mark Zuckerberg – net worth of $175.9 billion
- Larry Ellison – net worth of $174.1 billion
- Larry Page – net worth of $145.8 billion
- Sergey Brin – net worth of $139.6 billion
- Warren Buffett – net worth of $134.8 billion
- Bill Gates – net worth of $133.5 billion
- Steve Ballmer – net worth of $130.4 billion
FAQS About The Top 10 Richest People In The World
Here are the frequently asked questions about the Top 10 Richest People In The World:
Who Was The First Billionaire?
John D. Rockefeller is the first billionaire in the world; he achieved this as a result of his ownership of Standard Oil which helped him to become the first billionaire in the world in 1916.
Wealth has increased since that time, more than a century ago, to the point that the world’s richest men and women now top out at about $150 billion each.
In many ways, prosperity breeds prosperity. Rich people typically have access to appealing investment choices that “ordinary people” do not. However, there comes a time when one’s degree of wealth starts to limit the rate of return.
Conclusion
In conclusion, the world’s wealthiest individuals are an elite group of businessmen, entrepreneurs, and industrialists who have built their fortunes through a combination of hard work, innovation, and risk-taking.
While their wealth can be seen as a symbol of the immense opportunities available in the global economy, it also highlights the stark disparities in wealth distribution and the challenges of addressing income inequality.
Nonetheless, many of these individuals have also used their wealth for philanthropic purposes, supporting causes such as education, healthcare, and environmental sustainability. As the global economy continues to evolve, it will be interesting to see how these individuals adapt and continue to shape the world around us.
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SOURCES: Investopedia, Forbes