Billionaires have a big impact on philanthropy, politics, and the global economy. A notable group of people have made incredible fortunes in an age driven by ambition and the desire to start their businesses.
Richest Person in the World
The wealth of the world’s ten richest people is enormous, exceeding the GDP of numerous countries. Their money is mostly focused on the retail, financial, and technology sectors. But a major worry is the widening wealth gap between them and the less fortunate.
These outstanding leaders have reached the pinnacles of achievement and joined the elite group of the world’s richest people. They are innovative and visionary. This article focuses on their outstanding achievements and significant impact on the world economy.
Full List of Top 10 Richest Person in the World
Elon Musk’s
Elon Musk, the world’s richest individual, was educated at the University of Pennsylvania and invested in X.com, PayPal Holdings, and Zip2. He contributed to Tesla Motors and SpaceX, and later bought X private in April 2022, acquiring Tesla with a 79% ownership stake despite selling 9.6 million shares.
Elon’s 52-year-old man’s estimated net worth, based mostly on his ownership shares in SpaceX and Tesla, is $251. 3 billion.
Bernard Arnault
Bernard Arnault, the world’s second richest person. A 74-year-old man with 70 fashion and cosmetics brands, LVMH, the greatest luxury goods firm in the world, was established by its CEO and chairman, Bernard Arnault. Tiffany & Co. was purchased by him in 2021 for $15.8 billion.
Christian Dior was purchased with $15 million by Arnault’s father. His kids are employed at the LVMH company. Arnault named his daughter Delphine to lead Dior, the group’s second-largest brand, in January 2023. Arnault’s net worth as of January 1, 2024, is $181.4 billion.
Jess Bezos
The third-richest person in the world is now Amazon’s founder, Jeff Bezos. Since its founding in 1994, he has served as chairman and CEO of the business. In December 2023, Bezos’ wealth increased by $5.8 billion as a result of a gain in Amazon shares.
Before starting Amazon, he was employed at D.E. Shaw. In July 2017, Bezos surpassed Bill Gates to take the top spot in terms of wealth in the world. He intermittently switched the top two richest rankings with Gates.
From 2018 to 2021, he held the title of richest person in the world according to Forbes’ list of World’s Billionaires. Since 1997, when Amazon went public, he has sold more than $27 billion worth of his stock. The 59-year-old man’s estimated net worth is $175.4 billion.
Larry Ellison
Oracle was co-founded by Larry Ellison in 1977, and he served as its CEO until 2014. He currently serves as both the chairman and the chief technology officer of the business. When Ellison spent $300 million to buy the Hawaiian island of Lanai in 2012, he became well-known.
Along with his business endeavors, Ellison took a big investment in Tesla, where he was a director from 2018 to 2022. An estimated $135.2 billion is the man’s net worth at the age of 79.
Mark Zuckerberg
In 2004, Zuckerberg co-founded Facebook, which is now a part of Meta Platforms. The business, which is the owner of WhatsApp and Instagram, has 3.88 billion monthly users.
By the end of the century, Zuckerberg and his spouse, Priscilla Chan, have committed to allocating 99% of their shares to advancing human potential and creating instruments to treat, control, or prevent every illness.
A gain in Meta’s stock price in 2023 allowed Zuckerberg to re-enter the world’s top 10 richest people. The estimated net worth of a 39-year-old man is $129.9 billion.
Bill Gates
Microsoft founder Bill Gates, a man of 68 years who co-founded the company with Paul Allen in 1975, has a diverse portfolio of investments and is a major owner of farmland in the U.S. From 1995 to 2017, he was the richest person on the planet; however, in 2018, Jeff Bezos surpassed him.
Even after his wealth increased by $2 billion in December 2023, he still ranks sixth among the richest people in the world as of January 2024 with an estimated net worth of $120.3 billion.
Warren Buffett
The “Oracle of Omaha,” Warren Buffett, founded Berkshire Hathaway and is a great investor. In collaboration with Bill and Melinda Gates, he established the Giving Pledge in 2010 which requests billionaires to give half of their wealth to philanthropic organizations.
Buffett has donated $51.5 billion in shares of Berkshire Hathaway to the foundations of the Gates Trust and his children. At the age of ninety-three, A man’s approximate net worth is $119.6 billion.
Larry Page
Larry Page, co-founder of Google with Sergey Brin, served as CEO from 2011-2015. He holds significant control over Alphabet and is a major shareholder in Planetary Resources. Page’s estimated net worth is $119.5 billion at the age of 50.
Steve Ballmer
Ballmer, a Harvard University classmate of Bill Gates, left Stanford University’s MBA program in 1980 and began working for Microsoft as a staff member number thirty. From 2000 until 2014, he worked as Microsoft’s CEO.
Ballmer paid $2 billion, then a record for an NBA franchise, to acquire the Los Angeles Clippers when he resigned from Microsoft. The club is now valued at $4.65 billion by Forbes.
In the last month, Ballmer’s wealth is projected to have decreased by $600 million due to a decrease of less than 1% in the value of Microsoft shares. His estimated net worth is $115.5 billion, and he is 67 years old.
Sergey Brin
The wealthiest immigrant in America, Sergey Brin, left his position as the leader of Alphabet in 2019 but is still a major shareholder and board member. Together with Larry Page, he co founded Google in 1998.
Brin has contributed more than $1.1 billion to fundamental science research into Parkinson’s disease. The projected net worth of a fifty-year-old man is $114.6 billion.
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