The world’s wealthiest individuals hold incredible influence, shaping industries and economies on a global scale as their giant companies help to grow and expand the world economy.
Elon Musk – The Richest Man In 2024
Every year, the rankings of the top 10 richest people in the world are eagerly anticipated, with billionaires vying for the coveted title of the richest person in the world. If you’ve ever wondered who is the richest person in the world or asked, “Whois the richest man in the world?” this list reveals the answer.
From tech giants to retail moguls, the richest people today possess mind-boggling fortunes. As you explore the billionaire list, you’ll discover who ranks among the most wealthy people in the world and how these individuals continue to accumulate immense wealth.
The networth and ranking of billionaires changes almost every day due to the constant fluctuating nature of their wealth. This is due to change in the market valuation of their companies assets resulting from change in stocks prices.
In this article, we break down the top 10 wealthiest people in the world, offering insights into their industries, net worth, and success stories
1, Elon Musk
Elon Musk is one of the most popular billionaires to date. He is renowned for recently acquiring Twitter a social media giant and rebranding it to ” X “. Musk has been a business man and innovator for a long long.
He owns Tesla one of the world’s top EV manufacturers he co-founded and also a space tech company called Space X located in the United States.
Musk as born in South Africa and later relocated to the USA where he studied and obtained a bachelor’s degree in physics and economics at the University of Pennsylvania. He is currently the richest man in the world a position he has claimed many times.
- Networth : $215 billion
- Age : 52
- Occupation : CEO Tesla
- Nationality : United States
- Assets :Tesla, Space X, Neuralink, Boring, e.t.c
2, Jeff Bezos
Jeff Bezos is one of the most inspiring self-made billionaires on this list. His story dates back in 1994 when he founded Amazon.com in a garage in Seatle which primarily sold books online.
Amazon has grown into a tech an e-commerce giant which definitely contributed to his wealth. With presence in different parts of the world, Amazon positions it’s self as one of the top names in the sector.
Jeff Bezos is also renowned for his love for space which saw him go to space in 2021 with his brother and friends via his space company’s Blue Origin space-ship.
- Networth : $199 billion
- Age : 60
- Occupation : Chairperson Amazon
- Nationality : United States
- Assets : Amazon, Koru, Washington Post, e.t.c
3, Bernard Arnault
Bernard Arnault is one of the richest billionaires from Europe. His wealth mainly comes from his ownings in LVMH, the world’s largest goods company which he also heads as the CEO. He also controls some shares in Christian Dior and other assets.
Bernard has been involved in different work fields including construction, real estate until he stabilized in the luxury business. The LVMH he heads produces very famous products like Sephora, Louis Vuitton among others
- Networth : $197 billion
- Age : 74
- Occupation : CEO LVMH
- Nationality : France
- Assets : Christian Dior, Moelis, e.t.c
4, Mark Zuckerberg
The co-founder of Facebook, the biggest social media giant to date is one of the richest young billionaires not only in the US but also worldwide.
Mark with his friends Chris Hugdes, Dustin Moskovitz and Eduardo Saverin founded Facebook in 2004 which later developed into a must-use platform for very many people worldwide.
Mark heads Meta Platforms which rebranded from Facebook Inc after acquiring Instagram and WhatsApp. Meta is also involved in AI innovation as the giant created the Metaverse which is expected to play a bigger role in future AI.
- Networth : $170 billion
- Age : 39
- Occupation : CEO Meta Platforms
- Nationality : United States
- Assets : Meta Platforms, e.t.c
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5, Bill Gates
The founder of Microsoft is the most popular billionaire on this list. He has been the world’s richest person many times for a very long period until the recent years when he was displaced from the top spot.
Gates started Microsoft which developed into a complex tech giant and one of the most important players in the software field and this is mainly attributed to its Windows Software which is widely used worldwide.
Microsoft also invented Bing, a search engine next to Google and also produces different products and services.
- Networth : $169 billion
- Age : 68
- Occupation : Co-founder Microsoft
- Nationality : United States
- Assets : Microsoft, e.t.c
6, Steve Ballmer
The billionaire was one of the first employees for Microsoft in its early days, Steve became the CEO of Microsoft after Bill Gates and made some good development in the company during his leadership most notably the purchase of Skype. His wealth mainly comes from his shares in Microsoft, his LA Clippers basketball team and other assets.
- Networth : $143 billion
- Age : 67
- Occupation : Owner, Los Angels Clippers
- Nationality :United States
- Assets : Los Angeles Clippers, Intuit Dome, The Forum e.t.c
7, Warren Buffett
Warren Buffett is another billionaire on the list. He is known for his investment ideology and some times ranked as one of the best investors in the world.
He begun his journey by purchasing shares in Berkshire Hathaway. By 1965, he was the biggest shareholder which enabled him acquire a leadership role in the firm.
Buffett expanded the company by making extensive investments in low-valued businesses, insurance and other projects which turned Berkshire Hathaway into a giant company till today.
- Networth : $135 billion
- Age : 93
- Occupation : CEO, Berkshire Hathaway
- Nationality : United States
- Assets : Berkshire Hathaway, e.t.c
8, Larry Ellison
Larry Ellison founded a giant software company called Oracle which is the main contributor to his wealth. Back in 1996, He started computer programming after dropping out of school.
Ellison later cooperated with friends to start Software Development Laboratories which was later named Oracle Systems, to the Oracle we have to-date.
- Networth : $127 billion
- Age : 79
- Occupation : Chairperson, Oracle
- Nationality : United States
- Assets : Tesla, Oracle, e.t.c
9, Larry Page
Larry Page is another billionaire on the list whose wealth is attributed to internet tech. He is a co-founder of Google which greatly contributed to his huge wealth.
Larry Page and Sergey Brin founded Google in 1988 which expanded into the most popular search engine to date. Google which later became Alphabet also owns other platforms such as Android and YouTube.
Android is the one of the mostly used software for smartphones worldwide. Most of Larry Page’s wealth comes from his shares in Alphabet.
- Networth : $126 billion
- Age : 50
- Occupation : Alphabet
- Nationality : United States
- Assets : Alphabet, e.t.c
10, Sergey Brin
Another co-founder of Google, Sergey Brin is the 10th richest billionaire on the list. He was born in Russia but relocated to the US in 1979.
Him and Larry Page founded Google in which is also the major contributor to his wealth thanks to the shares he owns in the tech giant.
Brin was the CEO of Alphabet till he handed over to Sundai Pichai in 2019. He made many remarkable developments and innovations during his time in office such as starting Google Meet, Gmail, Google Sheets among others.
- Networth : 126 billion
- Age : 50
- Occupation : Alphabet
- Nationality : United States
- Assets : Alphabet, e.t.c
The list of the richest people in the world keeps changing depending on the value of assets and shares owned by respective billionaires. Although it’s the case, Bill Gates is the only billionaire to ever dominate this list for the longest period.
