Top 10 richest people in the world
A society and era full of life are made up of a select set of people who are motivated by ambition and enterprise. These outstanding leaders, armed with insight and creativity, have reached the summit of success and carved out a position for themselves as the wealthiest individuals on the international stage, an accomplishment unmatched in its grandeur.
And this is a significant achievement.
In the end, the total fortune of the top 10 richest people exceeds the GDP of multiple countries. Today, the technology, financial, and retail sectors account for the majority of their wealth. People all throughout the world are very concerned about the growing wealth gap between them and the less fortunate.
The top 10 richest people in the world are revealed in this article, along with information about their outstanding accomplishments, business savvy, and significant effects on the world economy.
Disclaimer: Currency values mentioned in this article are accurate as of 31.07.23 and are subject to fluctuation.
Top top 10 richest people in the world
|
Name & Rank |
Net Worth (in $ Billions) |
Source of Wealth |
Country |
|
#1 Elon Musk |
$240.7 B |
Tesla, SpaceX |
United States |
|
#2 Bernard Arnault & family |
$231.4 B |
LVMH |
France |
|
#3 Jeff Bezos |
$154.9 B |
Amazon |
United States |
|
#4 Larry Ellison |
$146.1 B |
Oracle |
United States |
|
#5 Bill Gates |
$119.3 B |
Microsoft |
United States |
|
#6 Warren Buffett |
$117.4 B |
Berkshire Hathaway |
United States |
|
#7 Mark Zuckerberg |
$115.2 B |
|
United States |
|
#8 Larry Page |
$111.9 B |
|
United States |
|
#9 Sergey Brin |
$106.2 B |
|
United States |
|
#10 Steve Ballmer |
$103.4 B |
Microsoft |
United States |
Get to know the top 10 richest people in the world
- Net worth: $240.7 B
- Source: Tesla and SpaceX
- Age: 51
- Residence: Austin, Texas
- Citizenship: US
The wealthiest person(top 10 richest people)in the world is Elon Musk. He serves as the CEO of a number of well-known businesses, including SpaceX and Tesla, makers of electric vehicles. At the moment, he owns a 23 percent interest in Tesla. Around two-thirds of his fortune, a sizeable part, is dependent on Tesla’s performance. In October 2022, Musk made news when he paid $44 billion for Twitter.
2010 saw Tesla’s IPO under Musk’s direction. Musk rose to the top ten richest persons in the world in September 2021 as a result of the company’s considerable market capitalization growth between 2020 and 2021. Musk’s fortune peaked at an incredible $320 billion in November 2021.
- Net worth: $231.4 B
- Source: LVMH/ luxury goods
- Age: 74
- Residence: Paris
- Citizenship: France
The CEO and chairman of Mot Hennessy Louis Vuitton (LVMH), the largest luxury goods company in the world with almost 70 recognised fashion and beauty brands, is Bernard Arnault, the second-richest(top 10 richest people) person in the world. Its portfolio includes well-known brands like Sephora, Moet & Chandon, Christian Dior, and Louis Vuitton. Tiffany & Co. was successfully acquired by LVMH in January 2021 for an astounding $15.8 billion.
The five offspring of Arnault are involved in various facets of the vast LVMH enterprise. He named his daughter Delphine to run Dior, the second-largest brand in the group, in January 2023.(top 10 richest people)
- Net worth: $154.9 B
- Source: Amazon
- Age: 59
- Residence: Medina, Washington
- Citizenship: US
Jeff Bezos(top 10 richest people) made the decision to step down as CEO of Amazon in July 2021, however he will continue to serve as chairman of the company. He launched into space that same month using a rocket created by Blue Origin, a private space exploration corporation he founded and generously invested billions of dollars in.
- Net worth: $146.1 B
- Source: Oracle
- Age: 78
- Residence: Lanai, Hawaii
- Citizenship: US
Larry Ellison co-founded the software firm Oracle in 1977 and held the position of its CEO until 2014. Currently, he assumes the company’s chairman and Chief Technology Officer roles. In 2012, Ellison made headlines when he acquired the Hawaiian island of Lanai for a sum of $300 million. Ellison also ventured into investments, including a substantial stake in Tesla, where he served on the board of directors from 2018 until 2022.
- Net worth: $119.3 B
- Source: Microsoft, investments
- Age: 67
- Residence: Medina, Washington
- Citizenship: US
Forbes first identified Bill Gates as a billionaire in 1987.(top 10 richest people) With minor breaks in 2008 and from 2010 to 2013, he retained his position as the richest person in the world from 1995 to 2017. Melinda French Gates received at least $6 billion in stocks as part of the divorce settlement when Gates and Melinda French Gates’ divorce was finally formalised in 2021. Forbes predicts that between May 1 and June 1, 2023, Gates’ net worth increased by a modest amount of $500 million, which allowed him to move up one spot and take the fifth spot.
- Net worth: $117.4 B
- Source: Berkshire Hathaway
- Age: 92
- Residence: Omaha, Nebraska
- Citizenship: US
Warren Buffett, widely recognised as the “Oracle of Omaha,” is one of history’s most accomplished investors.(top 10 richest people) He is the head of Berkshire Hathaway, an investment conglomerate with a diverse portfolio encompassing numerous companies, such as insurance provider Geico, battery manufacturer Duracell, and restaurant chain Dairy Queen.
In 2010, Buffett and Bill Gates and Melinda French Gates established the Giving Pledge initiative, which urges billionaires to donate at least 50 percent of their wealth to charitable organisations. Demonstrating his unwavering philanthropic commitment, Buffett has expressed his intention to donate 99 percent of his fortune.
- Net worth: $115.2 B
- Source: Meta
- Age: 39
- Residence: Palo Alto, California
- Citizenship: US
Mark Elliot Zuckerberg, an American billionaire businessman, computer programmer, internet entrepreneur, and philanthropist, was born on May 14, 1984. He is the executive chairman, CEO, and controlling shareholder of Meta Platforms (previously Facebook, Inc.), the parent company of the social media website Facebook, which he co-founded.
While a student at Harvard University, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes were his roommates when they founded Facebook in February 2004. The website was initially only launched on a few college campuses, but it quickly gained popularity and eventually reached one billion users in 2012. In May 2012, Zuckerberg went public with the business and majority of the shares. He was the youngest self-made billionaire in the world in 2007 when he was only 23 years old.
- Net worth: $111.9 B
- Source: Google
- Age: 50
- Residence: Palo Alto, California
- Citizenship: US
Larry Page and his fellow Stanford PhD student Sergey Brin co-founded Google in 1998.(top 10 richest people) Initially, Page held the position of CEO until 2001 and later resumed the role from 2011 to 2015.
Currently, he serves as a member of the board of Alphabet, the parent company of Google, and retains significant control over the company as a major shareholder.
Additionally, Page played a key role as a founding investor in Planetary Resources; a company focused on space exploration.
- Net worth: $106.2 B
- Source: Google
- Age: 50
- Residence: Los Altos, California
- Citizenship: US
Sergey Brin(top 10 richest people) was a key player in the 1998 launch of the Google search engine alongside Larry Page, his Stanford PhD classmate. Russian-born Brin oversaw special initiatives at Google, including the creation of Google Glass, a wearable gadget with voice-activated “smart glasses.” Brin initially held the job of technology president at the company. While maintaining a sizeable controlling interest in the business, Brin currently sits on the board of Alphabet, the parent company of Google.
- Net worth: $103.4 B
- Source: Microsoft, investments
- Age: 67
- Residence: Hunts Point, Washington
- Citizenship: US
A Harvard University classmate of Bill Gates, Steve Ballmer, assumed the role of CEO at Microsoft from 2000 to 2014. (top 10 richest people)His journey with Microsoft began in 1980 when he joined as the company’s 30th employee, having dropped out of the MBA at Stanford University.
In the same year that Ballmer retired from Microsoft, he made headlines by acquiring the Los Angeles Clippers basketball team for a staggering $2 billion, setting a new benchmark for the highest price paid for an NBA team at that time.
- Net worth: $101.7 B
- Source: telecom, investments
- Age: 83
- Residence: Mexico City
- Citizenship: Mexico
Carlos Slim Helu and his family exercise control over América Móvil, the largest mobile telecommunications company in Latin America, which operates in more than 15 countries. In 1990, (top 10 richest people)Slim and foreign telecom partners acquired Telmex, the formerly government-owned telephone company that became part of América Móvil.
In addition to his telecom ventures, Slim holds ownership stakes in various Mexican industries, including construction, consumer goods, mining, and real estate.
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