Top 10 Richest People in the World 2024: The role of billionaires in society is significant. They have a significant role as transformation, changes and development catalysts. Moreover, a lot of today’s youth look to them as an inspiration source.
For this reason, we have put together a list of the world’s top 10 richest people in 2024. We have provided you with all the information you might need about them. So, be sure to give them a look below.
1. Bernard Arnault
Bernard Arnault is a French billionaire businessman who serves as the chairman and CEO of LVMH, commonly known as Louis Vuitton. This includes famous brands like Louis Vuitton, Hennessey, Marc Jacobs, and Sephora. LVMH is the world’s largest luxury goods conglomerate, owning prestigious brands in fashion, cosmetics, watches, and jewelry.
Apart from this, he also has a massive stake in Christian Dior, which contributes greatly to his wealth. All these major shares are being held by Arnault and his family. He started this career at his father’s construction firm. From there, using his talent and hard work, he entered the real estate and other segments, and later the luxury segment, making him one of the richest people on Earth. As per Forbes, real-time billionaires
- Age: 75
- Residence: France
- CEO and Chair: LVMH
- Net worth: $210.5 billion
- Christian Dior Ownership Stake:5% ($152 billion total)
- Other Assets: Moelis & Company equity ($30.9 billion public asset) and $15.2 billion in cash
2. Elon Musk
Who doesn’t know billionaire genius Mad Man Elon Musk. Elon Musk is a South African-born entrepreneur known for his ambitious ventures in technology and space exploration. He co-founded PayPal, an online payment system, which provided him with the financial means to pursue his other interests. Elon Musk is best known as the CEO of Tesla, a company transforming the automotive industry with electric vehicles and renewable energy solutions.
Also, he founded SpaceX, a private aerospace manufacturer and space transportation company, aiming to reduce space transportation costs and enable the colonization of Mars. Musk’s wealth is primarily derived from his significant stakes in Tesla and SpaceX, both of which have seen tremendous growth and valuation in recent years. As per Forbes, real-time billionaires
- Age: 52
- Residence: United States
- Co-founder and CEO: Tesla, X and SpaceX
- Net Worth: $190.1 billion
- Tesla Ownership Stake: 13% ($83 billion)
- X Ownership Stake: 79% ($8.37 billion)
- Other Assets: Space Exploration Technologies ($71.2 billion private asset), The Boring Company ($3.33 billion private asset), and Neuralink ($2.07 billion private asset).
3. Jeff Bezos
Jeff Bezos is the brains behind the largest e-commerce platform on earth, Amazon. Jeff started Amazon in his garage in the USA in 1994. Initially, it was only an online book-selling platform, and it has since grown into a multinational technology company with diverse business projects, including artificial intelligence, e-commerce, cloud computing and digital streaming. Jeff Bezos stepped down from the post of Amazon’s CEO in 2021 and started focusing on other segments, such as space exploration.
He started investing in Blue Origin, a company that focuses on space tourism. In 2021, Blue Origin took its first successful flight and returned safely. Moreover, Bezos also owns the famous Washington Post. His wealth primarily comes from his significant ownership stake in Amazon, which continues to dominate various sectors of the global economy.
- Age: 60
- Residence: United States
- Founder and Executive Chair: Amazon (AMZN)
- Net worth: $189.9 billion
- Amazon Ownership Stake: 10% ($166 billion)
- Other Assets: Blue Origin ($15 billion private asset), The Washington Post ($250 million private asset), Koru ($500 million private asset), and $17.8 billion in cash
4. Mark Zuckerberg
In 2004, Mark Zuckerberg collaborated with his friends Dustin Moskovitz, Chris Hughes, and Eduardo Saverin to create Facebook during his time at Harvard. Mark left to dedicate himself full-time to the platform’s growth. Later on, it grew to become one of the world’s largest social media networks. At the moment, Mark serves as chairman of Meta, the parent company of Facebook, Instagram, and WhatsApp. Leading the way in technology, Meta is now developing artificial intelligence and virtual reality. At the moment, Mark is also working with her wife on the Chan Zuckerberg initiative, which uses technology to address social problems. All this makes him one of the richest people on earth.
- Age: 39
- Residence: United States
- CEO and Chair: Meta Platforms
- Net worth: $151.1 billion
- Meta Platforms Ownership Stake: 13% ($136 billion total)
- Other Assets: $4.45 billion in cash
5. Larry Ellison
Larry Ellison is the founder of the company that released the famous backend database software Oracle, and he is also among the top 10 richest people on earth. Larry Ellison dropped out of college in 1966 and started working as a computer programmer. After switching jobs, he and his partner founded Software Development Laboratories alongside Oates and Miner, which was later named Oracle Systems. Larry Ellison is also focused on his philanthropy work where he donates from time to time to Different universities. Moreover during his career in Oracle he has acquired various big companies like Sun Microsystems and Cerner.
- Age: 79
- Residence: United States
- Co-founder, Chair, and CTO: Oracle
- Net worth: $142.4 billion
- Oracle Ownership Stake: 42%+ ($93.7 billion)
Other Assets: Tesla equity ($9.09 billion public asset), $24.2 billion in cash
6. Warren Buffett
Who doesn’t know Warren Buffett, the biggest individual investor in the world and inspiration to everynew investors. He started his career by buying a share in tthe textilefirm Berkshire Hathaway in 1962 and by 1965 he became the biggest shareholder. Later, Buffett expanded the company’s holdings to include insurance and other investments in 1967.. Warren Buffet is a buy and hold investor who is famous for building a fortune by investing in Undervalued companies. Currently he is retired from his position CEO of Berkshire Hathaway and still he is one of the richest persons in the world.
- Age: 93
- Residence: United States
- CEO: Berkshire Hathaway
- Net Worth: $133.2 billion
- Berkshire Hathaway Ownership Stake: 15% ($134 billion)
- Other Assets: $1.40 billion in cash
7. Larry Page
Larry Page is the co-founder of the biggest search engine in the world Google till date. which made him one of the richest people in the world. He and his friend Sergey Brin founded Google in 1988. Google is one of the biggest search engines on earth and is also the parent of other platforms such as YouTube and Android. Google acquired Android in 2005 and after that, it became one of the most used operating systems for mobile phones in the world today. In 2015, Alphabet became the parent company of Google. He has shown an interest in flying car companies, investing in both Kitty Hawk and Opener in 2022.
- Age: 51
- Residence: United States
- Co-founder and Board Member: Alphabet
- Net Worth: $129.7 billion
- Alphabet Ownership Stake: 6% ($108.5 billion total)
- Other Assets: $17.9 billion in cash
8. Bill Gates
For years Bill Gates has been the richest person in the world. As he is the founder and ex CEO of Microsoft, the largest software company in the world. While in Harvard University Bill Gates along with his childhood friend Paul Allen developed new software for microcomputers in early 1975. Seeing its success, Bill gates dropped out of college and founded Microsoft along with his friend. Microsoft produces personal computers, provides email services through exchange server, and sells video game and associated game devices. Apart from this he is also involved in philanthropy work through his foundation Bill and Melinda gates foundation after retirement.
- Age: 68
- Residence: United States
- Co-founder: Microsoft
- Net Worth: $127.1 billion
- Microsoft Ownership Stake: 4% ($26.8 billion)
- Other Assets: $70.9 billion in cash and billions over multiple other companies
9. Sergey Brin
Sergey Brin was born in Russia and came to the USA in 1979. He is also the co-founder of Google, along with Larry Page. He was the CEO of Alphabet till 2019 as Sundar Pichai took over. Brin is also involved in lots of philanthropic work he has till now donated millions of dollars to Parkinson’s disease research, partnering with the Michael J. Fox Foundation. Under his leadership, Google expanded its domain and started offering lots of other tools and services, such as Gmail, Google Calendar, Google Meet, Google Chat, Google Docs, Google Sheets, Google Slides, and more. This has made him one of the Top 10 wealthiest people in the world.
- Age: 50
- Residence: United States
- Co-founder and Board Member: Alphabet
- Net Worth: $124.6 billion
- Alphabet Ownership Stake: 6% ($101.9 billion total)
- Other Assets: $18 billion in cash
10. Steve Ballmer
The Microsoft Foundation hired Steve Ballmer as its 31st employee. Bill gates convinced him about dropping Stanford and working towards for Microsoft. In addition, he was Microsoft’s CEO following Gates and was in charge of the Skype takeover. Currently Steve Ballmer owns 4% of Microsoft and after he resigned from his role as CEO of Microsoft he also purchased the famous Basketball team LA clippers. Moreover , it was balmer who diversified Microsoft and started pushing towards surface tablet and windows mobile during his tenure as CEO. Currently he stands on 10th in the list of Top 10 Richest people on earth.
- Age: 68
- Residence: United States
- Owner: Los Angeles Clippers
- Net Worth: $117.8 billion
- Microsoft Ownership Stake: 4% ($132 billion total)
- Other Assets: Los Angeles Clippers ($4.56 billion private asset), The Forum ($400 million private asset), Intuit Dome ($2 billion private asset), $3.90 billion in cash
So this was our list of Top 10 richest people in the world in 2024 as per Forbes. We have discussed who these billionaires are and how they became so rich.
The creative mind behind your go-to blog for an engaging blend of entertainment, business, finance and Automobile. backed by four years of industry work experience. With a passion for storytelling and a knack for simplifying complex topics, Saif brings you insightful perspectives on the entertainment industry, dissecting the latest movies, while also providing practical insights into the business and finance realms.
