Within the ever-changing realm of money, the ranking of the richest people is ever-changing. Let’s take a closer look at the lives and wealth of the world’s ten wealthiest individuals as we approach 2024.
01. Bernard Arnault
- Net Worth: $229.6 Billion
- Age: 74
- Nationality: France
- Company: LVMH
- Industry: fashion and hospitality
Luxurious Empire
The chairman and CEO of LVMH Moët Hennessy Louis Vuitton, Bernard Arnault, is in charge of the biggest luxury goods corporation globally. His clever business sense and well-timed purchases have catapulted him to the pinnacle of fortune.
Development and growth
LVMH has grown and expanded remarkably under Arnault’s direction, thanks to the purchase of well-known brands and a persistent dedication to quality and innovation.
02. Elon Musk
- Net worth: $210 billion
- Age: 52
- Nationality: South Africa
- Companies: Tesla, SpaceX, The Boring Company, Neuralink, PayPal, and X (formerly Twitter).
- Industry: Technology
Achieve Wealth
Elon Musk has become one of the wealthiest people in the world because of his business endeavors, which include SpaceX and Tesla. His inventiveness and unwavering determination have changed the automotive and space industries.
diversified holdings
Musk has ventured into renewable energy and artificial intelligence in addition to electric cars and space exploration, further establishing his place as a major actor in creating the future.
03. Jeff Bezos
- Net Worth: $197.7 billion
- Age: 60
- Nationality: USA
- Company: Amazon
- Industry: e-commerce and technology
Context
One of the richest people in the world is still Jeff Bezos, the man who founded Amazon. His rise from a small online bookshop to a major player in e-commerce has been nothing short of amazing.
Acquisition of wealth
Bezos is a well-known person in the tech and business worlds because of his fortune, which is derived from both Amazon and his many investments across several industries.
04. Mark Zuckerberg
- Net worth: $172.5 billion
- Age: 39
- Nationality: USA
- Company: Meta
- Industry: Technology
Dominance of Social Media
Through the widely used platform, Facebook’s co-founder and CEO, Mark Zuckerberg, has had a significant impact on the development of the digital world.
New Projects
Zuckerberg’s efforts in virtual reality, artificial intelligence, and networking demonstrate his dedication to advancing technical innovation in addition to Facebook.
05. Larry Ellison
- Net worth: $139.9 billion
- Age: 79
- Nationality: USA
- Company: Oracle
- Industry: Technology and software
Technological Pioneer
In the IT industry, Larry Ellison, co-founder of Oracle Corporation, is a pioneer. Oracle rose to prominence with its cutting-edge database solutions thanks to his vision and leadership. Ellison changed the industry with his well-timed acquisitions and dedication to cloud computing.
He is well-known for his charitable work and sailing pursuits outside of business, making him have a diverse impact on both technology and society.
06. Warren Buffett
- Net worth: $134.7 billion
- Age: 93
- Nationality: USA
- Company: Berkshire Hathaway
- Industry: financial, insurance, diversified
Theory of Investing
Warren Buffett, the CEO of Berkshire Hathaway and a well-known investor, is commended for his value investing and long-term wealth growth strategies.
Present Trends
Buffett consistently makes decisions on his investments based on good judgment and fundamental principles, even in the face of market and economic turbulence.
07. Bill Gates
- Net worth: $128.1 billion
- Age: 68
- Nationality: USA
- Company: Microsoft
- Industry: Technology and software
Contributions and assets
Microsoft co-founder Bill Gates is well-known for his charitable work with the Bill & Melinda Gates Foundation in addition to his contributions to technology.
Present business initiatives
Even though Gates resigned from his daily position at Microsoft, he is still actively engaged in a number of projects, such as initiatives to promote sustainable development and address global health issues.
08. Steve Ballmer
- Net Worth: $122.8 billion
- Age: 67
- Nationality: USA
- Company: Microsoft
- Industry: Technology
The forward-thinking CEO of Microsoft
Former Microsoft CEO Steve Ballmer oversaw the business from 2000 to 2014. Ballmer joined Microsoft in its early days and had a background from Harvard University in both economics and mathematics. In his role as CEO, he led the business through major changes with a focus on expansion and innovation.
During Ballmer’s tenure, Microsoft’s worldwide footprint was solidified with the introduction of important products like Xbox and Windows XP. His leadership, in spite of difficulties, had a long-lasting effect on Microsoft’s development and the state of the technology sector overall.
09. Larry Page
- Net worth: $116.3 billion
- Age: 50
- Nationality: USA
- Company: Google
- Industry: Technology and advertising
Larry Page and Sergey Brin co-founded Google, which completely changed how people access and use the internet for information.
Present business initiatives
Beyond Google, Page has made investments in innovative technology and moonshot companies that try to solve global issues.
10. Mukesh Ambani
- Net worth: $114.4 billion
- Age: 66
- Nationality: India
- Company: Reliance Industries Limited
- Industry: Energy, Telecommunications, Retail
Enterprises in Business
Chairman and major stockholder of Reliance Industries, Mukesh Ambani, oversees a sizable conglomerate with holdings in retail, telecommunications, and petrochemicals.
Current Investments
Ambani has solidified his position as a prominent player in the Indian business scene and a powerful influence in the world economy with his audacious projects and well-timed investments.
Conclusion
In conclusion, a wide range of sectors and achievements are represented among the top 10 wealthiest people in the world for 2024. Their inventive energy, unwavering pursuit of quality, and visionary leadership are still influencing the global economy and serving as an inspiration to the next generation of businesspeople.
The data was compiled on Feb. 29, 2024, and is subject to change.
Our in-house research team collaborates with local financial professionals to provide material that is current, unbiased, and accurate. To ensure the accuracy of the information we provide, we use reputable primary sources to fact-check each and every statistic, quotation, and fact. Our editorial policy contains further information about the procedures and standards used by GOBankingRates.
- Forbes. “Real-Time Billionaires.”
- Bloomberg. “Bloomberg Billionaires Index.”
- The Giving Pledge. “Warren Buffett.”
- The Associated Press. 2022. “EXPLAINER: Is Elon Musk’s deal to buy Twitter falling apart?”
- Reuters. 2022. “Warren Buffett donates $4 billion to charity.”
- Forbes. “World’s Billionaires List.”
- Statista. 2023. “Advertising revenue of Google from 2001 to 2022.”
- ABC News. 2022. “A timeline of Elon Musk’s tumultuous Twitter acquisition.”
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