Top 10 Richest People in the World 2024: Who They Are and How They Made Their Fortunes

10 Richest People in the World

Billionaires play an important role in society. They are important catalysts of development and change. Furthermore , they  also serve as a source of inspiration for many youngsters nowadays. Which is why we have prepared the list of Top 10 Richest Persons in the world. We have included all the necessary details that you might need on them. So make sure to check them out.

 

1. Elon Musk

Elon Musk

 

Who doesn’t know billionaire genius Elon Musk. He is the owner of Tesla, SpaceX and the famous Social media platform X formerly known as Twitter. Elon was born in South Africa and later came to the USA to complete his higher studies. Before Tesla , Elon has already launched various successful businesses. Currently Elon is working on space technology and Artificial intelligence making him one of the most futuristic billionaires in the world. Furthermore, Elon is also researching the possibility of living on other planets in our solar system.

  • Age: 52
  • Residence: United States
  • Co-founder and CEO: Tesla
  • Net Worth: $215 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), Neuralink ($2.07 billion private asset)

 

 

 

 

2. Jeff Bezos

Jeff Bezos

 

Jeff Bezos is the brains behind the largest E-Commerce platform on the earth Amazon. Jeff started Amazon in his garage in 1994. Initially it was only a book selling platform which later became one of the biggest shops online. Furthermore, Jeff 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 is focusing on space tourism. In 2021 blue origin took its first successful flight and returned back safely. Moreover, Bezos also owns the famous Washington Post.

 

  • Age: 60
  • Residence: United States
  • Founder and Executive Chair: Amazon (AMZN)
  • Net Worth: $199 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

 

3. Bernard Arnault

Bernard Arnault

Bernard Arnault is the King of the luxury goods segment. He is a French national that owns the biggest luxury products conglomerate LVMH. This includes  famous Louis Vuitton, Hennessey, Marc Jacobs, and Sephora. Apart from this he also has a Massive stake  in Christian Dior that contributes greatly to his wealth. All these major shares are being held by Arnault and family. He started this career in his father’s construction firm. From there, using his talent and hardwork he entered the real estate and other segments and later to the luxury segment making him one of the richest persons on Earth.

 

  • Age: 74
  • Residence: France
  • CEO and Chair: LVMH
  • Net Worth: $198 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

 

4. Mark Zuckerberg

Mark Zuckerberg

Mark Zuckerberg developed Facebook in his Harvard days with his friends Eduardo Saverin, Dustin Moskovitz, and Chris Hughes in 2004. As the platform started to grow Mark dropped out and started focusing on it full time. Later it became one of the biggest social media platforms on earth. Currently Mark is chairman of Meta yeh parent company of Instagram, Facebook and WhatsApp.  Meta is a frontrunner in the technology sector and is actively working on AI and virtual reality. Currently Mark is also involved in the Chan Zuckerberg initiative with her wife that works on fixing societal ills using Technology.

  • Age: 39
  • Residence: United States
  • CEO and Chair: Meta Platforms
  • Net Worth: $171 billion
  • Meta Platforms Ownership Stake: 13% ($136 billion total)
  • Other Assets: $4.45 billion in cash

 

5. Bill Gates

Bill Gates

Bill Gates has been the richest person in the world for years. 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 1975. Seeing its success, Bill dropped out of college and founded Microsoft along with his friend Paul. Currently Microsoft produces personal computers, provides email services through its exchange server, and sells video game systems and associated game devices. Apart from this he is also involved in philanthropy work through his foundation Bill and Melinda gates foundation.

  • Age: 68
  • Residence: United States
  • Co-founder: Microsoft
  • Net Worth: $149 billion
  • Microsoft Ownership Stake: 4% ($26.8 billion)
  • Other Assets: $70.9 billion in cash and billions over multiple other companies

 

 

6. Steve Ballmer

Steve Ballmer was the 30th employee for the Microsoft foundation. He was convinced by Bill to drop out of Stanford and join Microsoft. Furthermore, after Gates he was the CEO of Microsoft and he was the one who oversaw the purchase of Skype. Currently 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 is one of the Top 10 Richest people on earth.

  • Age: 67
  • Residence: United States
  • Owner: Los Angeles Clippers
  • Net Worth: $143 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

 

7. Warren Buffett

Who doesn’t know Warren Buffett, the biggest individual investor of the world. He started his career by buying a share in textile firm Berkshire Hathaway in 1962 and by 1965 he became the biggest shareholder there was. Later , Buffett expanded the company’s holdings to insurance and other investments in 1967.  Warren is a buy and hold investor who is famous for building a fortune by investing in Undervalued companies. Currently he is retired as the CEO of Berkshire Hathaway and still is one of the richest persons in the world.

  • Age: 93
  • Residence: United States
  • CEO: Berkshire Hathaway
  • Net Worth: $135 billion
  • Berkshire Hathaway Ownership Stake: 15% ($134 billion)
  • Other Assets: $1.40 billion in cash

 

 

8. Larry Ellison

Larry Ellison is the founder of the company that released the famous backend database software Oracle and is also in the top 10 richest persons on earth.  Ellison dropped out of college in 1966 and started working as a computer programmer. After switching a few jobs he and his partner founded Software Development Laboratories alongside Oates and Miner which was later named as Oracle systems. 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: $127 billion
  • Oracle Ownership Stake: 42%+ ($93.7 billion)
  • Other Assets: Tesla equity ($9.09 billion public asset), $24.2 billion in cash

 

 

9. Larry Page

Larry Page is the co-founder of the biggest search engine in the world Google which has made him one of the richest persons in the world. He with 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 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. In 2015 Alphabet became the parent company of Google. He has also shown an interest in flying car companies, investing in both Kitty Hawk and Opener, although Kitty Hawk ceased operations in 2022.

  • Age: 50
  • Residence: United States
  • Co-founder and Board Member: Alphabet
  • Net Worth: $126 billion
  • Alphabet Ownership Stake: 6% ($108.5 billion total)
  • Other Assets: $17.9 billion in cash

 

 

10. Sergey Brin

Sergey Brin was born in Russia and came to the USA in 1979. He is the co-founder of Google along with Larry Page. He was the CEO of Alphabet till 2019 until Sundar Pichai took over.  Brin is also in lots of Philanthropy 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 Drive, Google Calendar, Google Meet, Google Chat, Google Docs, Google Sheets, Google Slides, and more. This has made him one of the Top 10 wealthiest persons of the world.

  • Age: 50
  • Residence: United States
  • Co-founder and Board Member: Alphabet
  • Net Worth: $120 billion
  • Alphabet Ownership Stake: 6% ($101.9 billion total)
  • Other Assets: $18 billion in cash

 

 

 

So this was your list of Top 10 richest people in the world. Where we have discussed who these billionaires are and how they became so rich.

 

 

FAQ’s:-

1. Who is the richest person in the world?
– As of the latest data, Elon Musk holds the title of the richest person in the world with a net worth of $215 billion.

 

2. How did Elon Musk become so wealthy?
– Elon Musk amassed his wealth primarily through his ventures such as Tesla, SpaceX, and formerly X (formerly known as Twitter). These companies have seen significant success and valuation growth over the years.

 

3. What is Jeff Bezos’ current net worth?
– Jeff Bezos, the founder of Amazon, has a net worth of $199 billion, making him one of the wealthiest individuals globally.

 

4. What is Bernard Arnault famous for?
– Bernard Arnault is renowned for being the CEO and Chair of LVMH, the world’s largest luxury goods conglomerate, which includes brands like Louis Vuitton and Sephora.

 

5. Who founded Microsoft?
– Microsoft was founded by Bill Gates and his childhood friend Paul Allen in 1975.

 

6. What is Bill Gates’ net worth?
– Bill Gates, the co-founder of Microsoft, has a net worth of $149 billion, making him one of the wealthiest individuals globally.

 

7. What is Warren Buffett known for?
– Warren Buffett is known as one of the most successful investors in the world and is the CEO of Berkshire Hathaway.

 

8. What is Larry Ellison famous for?
– Larry Ellison is famous for being the co-founder, chair, and CTO of Oracle, a multinational computer technology corporation.

 

9. Who founded Google?
– Google was founded by Larry Page and Sergey Brin in 1998 while they were Ph.D. students at Stanford University.

 

10. What is Sergey Brin’s net worth?
– Sergey Brin, the co-founder of Google, has a net worth of $120 billion, making him one of the wealthiest individuals globally.

 

 

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