The top 10 richest people in the world in 2024

The top 10 richest people in the world: In a world where wealth is constantly shifting and fortunes are made and lost overnight, it’s always fascinating to keep tabs on the richest people in the world. As we look ahead to 2024, there are some individuals who are poised to dominate the global wealth rankings. In this blog post, we’ll take a closer look at the top 10 richest people in the world in 2024. From tech moguls to business tycoons, these individuals have amassed staggering fortunes that most of us can only dream of. So, get ready to be astounded as we reveal who will be sitting at the top of the wealth pyramid in just a few short years.

The top 10 richest people in the world 2024

In a society and era driven by ambition and a desire for entrepreneurship, there exists a distinct group of individuals who have achieved unimaginable wealth. These exceptional leaders, known for their vision and innovation, have reached the pinnacle of success, placing themselves among the world’s wealthiest individuals. This is no small achievement. It is worth noting that the combined net worth of the top 10 richest people exceeds the GDP of numerous nations.

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Currently, their wealth is concentrated primarily in the technology, finance, and retail sectors. The growing wealth gap between these individuals and the less fortunate is a significant concern globally. This article unveils the identities of the top 10 richest people in the world. It highlights their remarkable achievements, entrepreneurial abilities, and profound impact on the global economy. The list has been compiled from Forbes’ reputable sources.

The top 10 richest people in the world

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The top 10 richest people in the world Details

Article NameThe top 10 richest people in the world in 2024
CategoryTech
Official WebsiteClick Here

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The Top 10 richest people in the world

Name & RankNet Worth (in $ Billions)Source of WealthCountry
#1 Elon Musk$244.4Tesla, SpaceXUnited States
#2 Bernard Arnault & family$187.9LVMHFrance
#3 Jeff Bezos$169.3AmazonUnited States
#4 Larry Ellison$147.5OracleUnited States
#5 Warren Buffett$118.5Berkshire HathawayUnited States
#6 Bill Gates$117.6MicrosoftUnited States
#7 Mark Zuckerberg$115.1FacebookUnited States
#8 Steve Ballmer$111.8MicrosoftUnited States
#9 Larry Page$111.2GoogleUnited States
#10 Sergey Brin$106.8GoogleUnited States

1. Elon Musk

Elon Musk

Elon Musk is the richest person in the world. He is the CEO of several prominent companies, including electric car manufacturer Tesla and space exploration company SpaceX. He currently possesses a 23 percent stake in Tesla. A significant portion of his wealth, around two-thirds, is tied to the success of Tesla. Musk made headlines in October 2022 when he purchased Twitter for $44 billion.

Musk led Tesla to its initial public offering in 2010. The company experienced significant growth in market capitalisation during 2020 and 2021, propelling Musk to the position of the world’s top 10 richest people in September 2021. At its peak in November 2021, Musk’s fortune reached an astounding $320 billion.

  • Age: 52
  • Residence: Austin, Texas
  • Citizenship: US

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2. Bernard Arnault & Family

Bernard Arnault & Family

Bernard Arnault, who is ranked as the second wealthiest individual globally, holds the positions of CEO and chairman at Moët Hennessy Louis Vuitton (LVMH), which is recognized as the largest luxury goods company worldwide. LVMH comprises around 70 renowned fashion and cosmetics brands, including Louis Vuitton, Christian Dior, Moet & Chandon, and Sephora.

In January 2021, LVMH successfully acquired Tiffany & Co., a prominent jeweler, for an astonishing $15.8 billion. Within the vast empire of LVMH, Arnault’s five children are actively involved in various sectors. In January 2024, he appointed his daughter Delphine to lead Dior, which stands as the group’s second-largest brand.

  •   Age: 74
  •     Residence: Paris
  •     Citizenship: France

3. Jeff Bezos

Jeff Bezos

Jeff Bezos made the decision to step down as CEO of Amazon, a leading ecommerce company, in July 2021. However, he continued to serve as chairman while relinquishing his CEO responsibilities. In that same month, Bezos took part in a space expedition on a rocket created by Blue Origin, an aerospace company he founded and financially supported with a significant investment of billions of dollars.

  • Age: 59
  • Residence: Medina, Washington
  • Citizenship: US

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4. Larry Ellison

Larry Ellison

In 1977, Larry Ellison collaborated in establishing the software company Oracle and served as its CEO until 2014. At present, he holds the positions of chairman and Chief Technology Officer within the company. In a noteworthy event in 2012, Ellison made news by purchasing the Hawaiian island of Lanai for $300 million. Additionally, Ellison explored investment opportunities, such as acquiring a significant stake in Tesla. He also held a position on Tesla’s board of directors from 2018 to 2022.

  • Age: 79
  • Residence: Lanai, Hawaii
  • Citizenship: US

5. Warren Buffett

Warren Buffett

Warren Buffett, renowned as the “Oracle of Omaha,” is widely regarded as one of history’s most accomplished investors. He serves as the leader of Berkshire Hathaway, an investment conglomerate with a diverse portfolio that includes various companies such as Geico, an insurance provider, Duracell, a battery manufacturer, and Dairy Queen, a restaurant chain.

In 2010, Buffett collaborated with Bill Gates and Melinda French Gates to establish the Giving Pledge initiative. This initiative encourages billionaires to donate a minimum of 50 percent of their wealth to charitable organizations. Demonstrating his unwavering dedication to philanthropy, Buffett has expressed his intention to donate 99 percent of his fortune.

  • Age: 93
  • Residence: Omaha, Nebraska
  • Citizenship: US

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6. Bill Gates

Bill Gates

Gates was first recognized as a billionaire by Forbes in 1987. He held the title of the world’s richest person from 1995 to 2017, with a few exceptions in 2008 and from 2010 to 2013. In 2021, Gates and Melinda French Gates completed their divorce, with Melinda receiving at least $6 billion in stocks as part of the settlement. Forbes’ estimates indicate that Gates’ fortune increased by approximately $500 million from May 1 to June 1, 2024, enabling him to move up one spot in the rankings and secure the fifth position.

  • Age: 67
  • Residence: Medina, Washington
  • Citizenship: US

7. Mark Zuckerberg

Mark Zuckerberg

At the young age of 19, Mark Zuckerberg, the co-founder and CEO of Meta Platforms, launched Facebook in 2004. He was studying computer science and psychology at Harvard University at the time. The main goal behind creating Facebook was to connect the names of students on campus with their corresponding photos. Two years later, in 2006, Facebook became accessible to anyone aged 13 or above with a valid email address.

Zuckerberg made the decision to make the company public in May 2012, and as of December 2016, he held the 10th position on Forbes’ list of The World’s Most Powerful People. At present, Zuckerberg possesses approximately 13 percent of the company’s stock. The 39-year-old technologist is in a marital relationship with Priscilla Chan and has three daughters. In collaboration with his wife, he is investing $3 billion with the aim of eradicating, treating or controlling all diseases by the year 2100.

  • Age: 39
  • Residence: Palo Alto, California
  • Citizenship: US

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8. Steve Ballmer

Steve Ballmer

Steve Ballmer, a former classmate of Bill Gates at Harvard University, took over as CEO of Microsoft from 2000 to 2014. He started his career with Microsoft in 1980 as the company’s 30th employee after leaving the MBA program at Stanford University.
Upon his retirement from Microsoft in the same year, Ballmer made news by purchasing the Los Angeles Clippers basketball team for an astounding $2 billion, thereby establishing a new record for the highest price ever paid for an NBA team at that time.

  • Age: 67
  • Residence: Hunts Point, Washington
  • Citizenship: US

9. Larry Page

Larry Page

In 1998, Larry Page and Sergey Brin, both PhD students at Stanford University, came together to establish Google. Initially, Page served as the CEO until 2001, and then again from 2011 to 2015. Presently, he is a board member of Alphabet, the parent company of Google, and maintains considerable control over the company due to his significant shareholding. Furthermore, Page played a crucial role as an investor in Planetary Resources, a space exploration-focused company that he helped found.

  • Age: 50
  • Residence: Palo Alto, California
  • Citizenship: US

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10. Sergey Brin

Sergey Brin

Sergey Brin, together with his colleague Larry Page, who also holds a PhD from Stanford, played a significant role in the creation of the Google search engine in 1998. Born in Russia, Brin started off as the technology president at Google before transitioning to overseeing special projects. One of these projects included the development of Google Glass, a wearable device that incorporates voice-activated “smart glasses.” At present, Brin is a board member of Alphabet, the parent company of Google, and still maintains a significant controlling interest in the company.

  • Age: 50
  • Residence: Los Altos, California
  • Citizenship: US

11. Carlos Slim Helu

Carlos Slim Helu

América Móvil, the leading mobile telecommunications company in Latin America that operates across more than 15 countries, is under the control of Carlos Slim Helu and his family. They acquired Telmex, which was previously owned by the government and is now part of América Móvil, in collaboration with foreign telecom partners in 1990. Besides his involvement in the telecom industry, Slim also possesses ownership interests in a range of Mexican sectors such as construction, consumer goods, mining, and real estate.

  • Age: 83
  • Residence: Mexico City
  • Citizenship: Mexico

Conclusion

The world of wealth is constantly evolving, and as we enter 2024, it’s fascinating to see who the richest people in the world are. These individuals have not only amassed incredible fortunes but have also left a lasting impact on various industries and economies around the globe. From technology moguls to business tycoons, the top 10 richest people in the world in 2024 are a testament to the power of entrepreneurship and innovation. While their wealth may be awe-inspiring, it’s important to remember that success comes in many forms, and true fulfillment lies in pursuing passions and making a positive difference in the world. As we continue to observe the ever-changing landscape of wealth, let us be inspired by these individuals accomplishments while focusing on creating our own unique paths to success.

The top 10 richest people in the world 2024 FAQ’S

What is the global count of billionaires in 2024?

According to Forbes, the number of billionaires has soared to 2,640 as of May 2024, representing a remarkable nineteen fold growth compared to the statistics from 1987.

Is it possible for billionaires' net worth to fluctuate

Certainly, the net worth of the richest individuals can vary based on market valuation, especially considering that a substantial part of their wealth is invested in publicly traded stocks.

Which nation boasts the highest number of billionaires?

Currently, the United States is at the forefront with around 724 billionaires residing within its borders.

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