Top 10 Richest people in the World

We present to you, esteemed audience, an up-to-date compilation of the wealthiest individuals globally. Our meticulously maintained list entails the top 10 richest people in the world, ensuring precise and accurate information for your knowledge.

1. Elon Musk: CEO of Tesla and SpaceX, and owner of X, with a net worth of $228 billion.
2. Bernard Arnault: Chairman and CEO of LVMH, with a net worth of $172.2 billion.
3. Jeff Bezos: Founder of Amazon, with a net worth of $152.6 billion.
4. Larry Ellison: Co-founder of Oracle Corporation, with a net worth of $138.4 billion.
5. Larry Page: Co-founder of Google, with a net worth of $115.4 billion.
6. Warren Buffett: CEO of Berkshire Hathaway, with a net worth of $115.1 billion.
7. Mark Zuckerberg: Co-founder and CEO of Facebook, with a net worth of $111.6 billion.
8. Sergey Brin: Co-founder of Google, with a net worth of $110.7 billion.
9. Bill Gates: Co-founder of Microsoft Corporation, with a net worth of $109.3 billion.
10. Steve Ballmer: Former CEO of Microsoft Corporation, with a net worth of $99.9 billion.

List of Top 10 Richest People in the World

1. Elon Musk

Elon Musk is the richest man in the world. He was born in South Africa and attended college in Canada before transferring to the University of Pennsylvania, where he earned bachelor’s degrees in physics and economics. Two days after enrolling in a graduate program in physics at Stanford University, Musk touted the launch of Zip2, one of the first online navigation services. He reinvested a portion of this startup’s profits to create X.com, an online payments system that was sold to eBay and eventually became PayPal Holdings (PYPL).6

• Age: 52
• Residence: United States
• Co-founder and CEO: Tesla
• Net Worth: $228 billion
• Tesla Ownership Stake: 13% ($101 billion)
• X Ownership Stake: 79% ($10.2 billion)
• Other Assets: Space Exploration Technologies ($53.2 billion private asset), The Boring Company ($3.33 billion private asset)

In 2004, Musk became a major financier of Tesla Motors (now Tesla), leading to his current position as CEO of the electric car company. In addition to its line of electric vehicles, Tesla produces energy storage devices, car accessories, and, through the acquisition of SolarCity in 2016, solar power systems. Musk also serves as the CEO and chief engineer of Space Exploration Technologies (SpaceX), the developer of space launch rockets.

In December 2020, Tesla joined the S&P 500, becoming the largest company, and in January 2021, Musk became the richest person in the world — a title that fluctuates along with Tesla’s value.

In April 2022, Musk launched a campaign to take X private, culminating in a $44 billion purchase. Musk plans to spend $21 billion of his own capital on this deal. Before announcing the acquisition, Musk sold 9.6 million shares of Tesla stock, worth about $8.5 billion.

Musk decided to back out of the acquisition in July 2022. The company filed a lawsuit against Musk to force the acquisition. Musk opposed the company but backed down and announced his willingness to buy it. The deal officially closes in October 2022, giving them a 79% stake in the company.

2. Bernard Arnault

Bernard Arnault, a French national, is Chairman and CEO of LVMH, the world’s largest luxury goods company. LVMH brands include Louis Vuitton, Hennessy, Marc Jacobs and Sephora.

Most of Arnault’s wealth comes from his huge stake in Christian Dior SE, the holding company that controls 41.4% of LVMH. His shares in Christian Dior SE, plus an additional 6.2% in LVMH, are held through Groupe Familia Arnault, a holding company owned by his family.

• Age: 74
• Residence: France
• CEO and Chair: LVMH (LVMUY)
• Net Worth: $164 billion
• Christian Dior Ownership Stake: 97.5% ($126 billion total)
• Other Assets: Moelis & Company equity ($25.1 billion public asset) and $12 billion in cash

An engineer by training, Arnault first showed his business acumen while working for his father’s construction company, Ferret-Savinel, where he took over management of the company in 1971. He spun off Ferret-Savinel into a real estate company called Ferret Inc. In 1979.

Arnault remained chairman of Farinal for the next six years, until he acquired and restructured the luxury goods company Financier Agache in 1984, eventually selling all of his shares except Christian Dior and Le Bon Marché. He was invited to invest in LVMH in 1987 and two years later he became the company’s majority shareholder, chairman, and CEO.

3. Jeff Bezos

In 1994, Jeff Bezos founded hedge fund giant D.E. He founded Amazon.com in a garage in Seattle shortly after leaving the US. Hawk. At first he proposed an online bookstore to his former boss, David E. Shaw, who was not interested.

Although Amazon first started selling books, it has since transformed into a one-stop shop for everything and is set to overtake Walmart to become the world’s largest retailer by 2024. Amazon’s motivation to continue to differentiate itself with seen in some unexpected expansion. That included acquiring Whole Foods in 2017 and entering the pharmaceutical business in the same year.

• Age: 59
• Residence: United States
• Founder and Executive Chair: Amazon (AMZN)
• Net Worth: $150 billion
• Amazon Ownership Stake: 10% ($124 billion)
• Other Assets: Blue Origin ($11.2 billion private asset), The Washington Post ($250 million private asset), Koru ($500 million private asset), and $13 billion in cash

Bezos owned up to 16% of the stock in his 2019 divorce, before legally ceding 4% to his ex-wife MacKenzie Scott as part of his divorce proceedings. 2020, Covid-19, Covid-19 demand causes Magic’s share price to plunge 76% 5 mins, 2021 mins Resigned and became acting chairman. Bezos originally stunned investors in 1997 and became the first wiki since Bill Gates to surpass $100 million in net worth in 1999.

Bezos’ other companies include an aerospace company (which he purchased in 2013), and a 10,000-year-old clock, also known as Large Now. On November 20, 2021, Bezos, his brother Mark, organization executive Wally Funk, and Dutch student Oliver Damon completed Blue Ridge’s first successful manned space flight, which began as a flight of more than 66 miles. inspection. Reached a total of 213 billion dollars. 2023 payment.

4. Bill Gates

While attending Harvard University in 1975, Bill Gates went to work with his childhood friend Paul Allen to develop new software for the original microcomputer. Following the success of this project, Gates left Harvard during his junior year and founded Microsoft with Allen. Microsoft, the world’s largest software company, also makes a line of personal computers, provides email services through its Exchange servers, and sells video games. Related gaming systems and devices. It has recently invested heavily in cloud services.

• Age: 67
• Residence: United States
• Co-founder: Microsoft (MSFT)
• Net Worth: $122 billion
• Microsoft Ownership Stake: 1.4% ($20.3 billion)
• Other Assets: $60.2 billion in cash and billions over multiple other companies

Gates rose from CEO to chairman of the company in 2008. He joined Berkshire Hathaway’s board of directors in 2004. He resigned from both boards on March 13, 2020.
Microsoft. “Bill Gates’ statement on his election to the Berkshire Hathaway board of directors”. Most of Bill Gates’s net worth is in Cascade Investments LLC. Cascade is a private investment vehicle that owns a variety of stocks, including Canadian National Railways (CNR), Deere (DE), and Republic Services (RSG), as well as private investments in real estate and energy.

5. Larry Ellison

Larry Ellison was born in New York City to a 19-year-old single mother. After leaving the University of Chicago in 1966, Ellison moved to California and worked as a computer programmer there. He joined electronics company Ampex in 1973, where he met future partners Ed Oates and Bob Miner. Three years later, Ellison moved to Precision Instruments and served as the company’s vice president of research and development.

• Age: 79
• Residence: United States
• Co-founder, Chair, and CTO: Oracle (ORCL)
• Net Worth: $122 billion
• Oracle Ownership Stake: 42%+ ($87.7 billion)
• Other Assets: Tesla equity ($11.1 billion public asset), $20.2 billion in cash

In 1977, Ellison founded Software Development Laboratories with Oates and Miner. Two years later, the company released Oracle, the first commercial relational database program to use Structured Query Language. This database program proved so popular around the world that SDL changed its name to Oracle Systems Corporation in 1982. Ellison left the role of CEO of Oracle Company in 2014 after the age of 37. After which he joined the board of Tesla in December 2018 and left the post in June 2022.

Oracle Company, which is the world’s second-largest software company, offers a variety of cloud computing programs, as well as Java and Linux code and the Oracle Exadata computing platform. Oracle has acquired several large companies throughout its history, such as Sun Microsystems and Cerner. Ellison has focused his philanthropy on medical research. In 2016, he donated $200 million to the University of Southern California for a new cancer research center. 45 Allison supported the Oracle Team USA sailing team, which won the America’s Cup regatta series in 2010 and 2013.

6. Larry Page

Larry Page set out on his path to fame and fortune in a college dorm room. While attending Stanford University in 1995, Page and his friend Sergey Brin came up with the idea of improving Internet data extraction. The duo created a new search engine technology they named Backrub, after their ability to assess a page’s links.

• Age: 50
• Residence: United States
• Co-founder and Board Member: Alphabet (GOOG)
• Net Worth: $121 billion
• Alphabet Ownership Stake: 6% ($103.5 billion total)
• Other Assets: $15.3 billion in cash

From there, Page and his friend Brin founded Google in 1998. Page served as CEO of the company until 2001, and again between 2011 and 2019. Google subsequently became the world’s dominant Internet search engine, accounting for more than 92% of global search requests. In 2006, the company purchased YouTube, the top platform for user-submitted videos.

After Google acquired Android in 2005, it released the Android mobile phone operating system in 2008. Google reorganized it in 2015, becoming a subsidiary of Alphabet, a holding company.

Page was one of the early investors in Planetary Resources, a space exploration and asteroid-mining company. Founded in 2009, the company was acquired by blockchain firm ConsenSys in 2018 amid funding problems. He has shown interest in flying car companies, investing in both Kitty Hawk and Openair, although Kitty Hawk ceases operations in 2022.

7. Warren Buffett

Warren Buffett filed his first tax return in 1944, when he was 14 years old, in which he declared earnings from his childhood paper route. He first purchased shares in a textile company called Berkshire Hathaway in 1962, becoming the majority shareholder by 1965. Buffett expanded his stake in the company to insurance and other investments in 1967.

• Age: 93
• Residence: United States
• CEO: Berkshire Hathaway (BRK.A)
• Net Worth: $115 billion
• Berkshire Hathaway Ownership Stake: 15% ($114 billion)57
• Other Assets: $1.20 billion in cash

Widely known as the Oracle of Omaha, Buffett is a buy-and-hold investor who made his fortune by acquiring undervalued companies. Recently, Berkshire Hathaway has invested in large, well-known companies. Its portfolio of wholly owned subsidiaries includes interests in insurance, energy distribution, and railroads as well as consumer products.

Buffett has dedicated most of his wealth to philanthropy. And between 2006 and 2020, he donated $41 billion – mostly to the Bill & Melinda Gates Foundation and his children’s charities. Buffett launched the Giving Pledge with Bill Gates in 2010.

Buffett, now 93, still serves as CEO, but in 2021 he said his likely successor would be Gregory Abel, head of Berkshire’s non-insurance operations.

8. Sergey Brin

Sergei Brin was born in Moscow, Russia in 1973. He moved to the United States with his family when he was six years old. After co-founding Google with Larry Page in 1998, Brin became Google’s technology president in 2001 when Eric Schmidt took over as CEO. He held the same position at Alphabet Holding Company after its founding in 2015, leaving the position in 2019 after Sundar Pichai succeeded him as CEO.

• Age: 50
• Residence: United States
• Co-founder and Board Member: Alphabet (GOOG)
• Net Worth: $115 billion
• Alphabet Ownership Stake: 6% ($97.3 billion total)
• Other Assets: $15.4 billion in cash

In addition to its dominant Internet search engine, it offers a suite of Google online tools and services, known as Google Workspace, which includes Gmail, Google Drive, Google Calendar, Google Meet, Google Chat, Google Docs, Google Including Sheets, Google Slides, and more. , Google also offers a variety of electronic devices, including Pixel smartphones, computers and tablets, Nest smart home devices, and the Stadia gaming platform.

Brin married Michael J. Partnering with the Fox Foundation, it has donated millions of dollars to Parkinson’s disease research.

9. Steve Ballmer

Steve Ballmer joined Microsoft in 1980 after Bill Gates convinced him to leave Stanford University’s MBA program. He was the 30th employee of Microsoft. Ballmer succeeded Gates as CEO of Microsoft in 2000. He remained in this position until leaving the post in 2014. Ballmer oversaw the purchase of Skype by Microsoft in 2011 for $8.5 billion.

• Age: 67
• Residence: United States
• Owner: Los Angeles Clippers
• Net Worth: $111 billion
• Microsoft Ownership Stake: 4% ($100 billion total)
• Other Assets: Los Angeles Clippers ($3.73 billion private asset), The Forum ($400 million private asset), Intuit Dome ($2 billion private asset), $3.35 billion in cash

Ballmer owns an estimated 4% stake in Microsoft, making him the software giant’s largest individual shareholder. In 2014, shortly after stepping down as CEO of Microsoft, Ballmer purchased the Los Angeles Clippers basketball team for $2 billion.

Ballmer lived in the same dorm and on the same floor as Bill Gates while both attended Harvard University. The brotherly relationship between the two became strained when Ballmer began pushing the tech company into hardware like the Surface tablet and Windows Mobile Phone during his tenure as CEO.

10. Mark Zuckerberg

Mark Zuckerberg first attended Harvard University in 2004, during which he developed Facebook (Meta) with colleagues Eduardo Saverin, Dustin Moskowitz, and Chris Hughes. As Facebook began to be used at other universities, Zuckerberg left Harvard to focus solely on his growing business. Today, Zuckerberg is the CEO and Chairman of Meta, which had 3 billion monthly active users by the second quarter of 2023.

• Age: 39
• Residence: United States
• CEO and Chair: Meta Platforms (META)
• Net Worth: $111 billion
• Meta Platforms Ownership Stake: 13% ($106 billion total)
• Other Assets: $3.75 billion in cash

Facebook is the world’s largest social networking app. Because Facebook is absolutely free to use, most of the company’s revenue is generated through advertising.

Meta also hosts several other brands, including photo-sharing app Instagram, which it acquired in 2012; cross-platform mobile messaging service WhatsApp and virtual-reality-headset maker Oculus, both acquired in 2014; Workplace, its enterprise-connectivity platform; and Portal, its series of video-calling devices.

Zuckerberg and his wife Priscilla Chan founded the Chan Zuckerberg Initiative in 2015, with each serving as co-CEO. His charity seeks to leverage technology to fix social ills, such as improving access and quality of education, reforming both the criminal justice system and the US immigration system, improving housing affordability, and ultimately eradicating all diseases.

FaQs Richest people in the World

Who Are the Top 10 Richest People in the World?

The top 10 richest people in the world as of Oct. 4, 2023, are:

• Elon Musk
• Bernard Arnault
• Jeff Bezos
• Bill Gates
• Larry Ellison
• Larry Page
• Warren Buffett
• Sergey Brin
• Steve Ballmer
• Mark Zuckerberg

Who Is the World’s Richest Man in 2023?

As of Oct. 4, 2023, the world’s richest man is Elon Musk, CEO of Tesla and SpaceX.2

Who Is the Richest Woman in the World?

The richest woman in the world is Francoise Bettencourt Meyers. As of Oct. 4, 2023, her net worth is $82.4 billion. Her net worth is derived from her holdings in L’Oréal, the world’s largest cosmetics company.281

Read More

• Best Mobile Processor for Ranking List [2023] [Click here]
• Top 10 Fastest Electric Cars in the World [Click here]
• Top 10 Best Cooling Fan for Smartphones [Click here]