The wealthiest people in the world continue to captivate our attention because achievement and fortune are frequently correlated in this society. Their tales of ingenuity, diligence, and occasionally controversy provide an insight into the height of monetary success. Based on their net worth and noteworthy contributions to their respective industries, the top ten richest persons in the world are listed here as of late.
10. Steve Ballmer
- 68 years old
- Residence: Washington’s Hunts Point
- Nationality: United States
- Net Worth: 131.4 Billion Dollar
Bill Gates’s Harvard University classmate Steve Ballmer led Microsoft as CEO from 2000 until 2014. After leaving Stanford University’s MBA program, he joined Microsoft as its thirty-first employee in 1980, marking the beginning of his career with the corporation.
Ballmer made news the year he retired from Microsoft when he spent an astounding $2 billion to acquire the Los Angeles Clippers basketball franchise, which at the time was a record-breaking amount for the most money ever paid for an NBA team.
9.Bill Gates
- Age: 68
- Residence: Medina, Washington
- Citizenship: US
- Net Worth: 133.7 Billion Dollar
Forbes first recognized Bill Gates as a billionaire in 1987. Except for brief periods in 2008 and from 2010 to 2013, he was the world’s richest person from 1995 until 2017. When Gates and Melinda French Gates divorced in 2021, she received at least $6 billion in stocks as part of the settlement.
After running Microsoft for 25 years, Gates turned his attention to philanthropic ventures. Bill and Melinda Gates Foundation began working in India in 2003, and with its Avahan initiative for HIV prevention, it is estimated to have prevented 6,00,000 new infections.
8.Warren Buffett
- Age: 93
- Residence: Omaha, Nebraska
- Citizenship: US
- Net Worth: 134.3 Billion Dollar
Warren Buffett, famously known as the “Oracle of Omaha,” is one of the most successful investors in history. He leads Berkshire Hathaway, an investment conglomerate with a diverse portfolio that includes companies like insurance provider Geico, battery manufacturer Duracell, Apple, Nu Holdings, and the restaurant chain Dairy Queen.
In 2010, Warren Buffett, along with Bill Gates and Melinda French Gates, launched the Giving Pledge initiative, encouraging billionaires to donate at least 50 percent of their wealth to charitable causes. Buffett has demonstrated his strong commitment to philanthropy by stating his intention to give away 99 percent of his fortune.
7.Sergey Brin
- Age: 50
- Residence: Los Altos, California
- Citizenship: US
- Net Worth: 141.8 Billion Dollar
In 1998, Sergey Brin, along with his Stanford PhD colleague Larry Page, played a key role in founding the Google search engine. Originally from Russia, Brin initially served as Google’s President of Technology before moving on to oversee special projects, including the development of Google Glass, a wearable device with voice-activated “smart glasses.” Today, Brin is a board member of Alphabet, Google’s parent company, and retains a significant controlling stake in the company.
6.Larry Page
- Age: 51
- Residence: Palo Alto, California
- Citizenship: US
- Net Worth: 148.1 Billion Dollar
In 1998, Larry Page co-founded Google with fellow Stanford PhD student Sergey Brin. Page initially served as CEO until 2001, then resumed the role from 2011 to 2015.
He remains a board member of Alphabet, Google’s parent company, and retains significant control as a major shareholder. Additionally, Page was a key founding investor in Planetary Resources, a company focused on mining resources from asteroids and other planetary bodies.
5.Larry Ellison
- Age: 79
- Residence: Manalapan, Florida
- Citizenship: US
- Net Worth: 172.6 Billion Dollar
Larry Ellison co-founded the software firm Oracle in 1977 and served as its CEO until 2014. He now holds the roles of Executive Chairman and Chief Technology Officer. In 2012, Ellison made headlines by purchasing the Hawaiian island of Lanai for $300 million. Additionally, he has invested in companies such as Salesforce.com, NetSuite, Quark Biotechnology Inc., and Astex Pharmaceuticals.
4.Mark Zuckerberg
- Age: 40
- Residence: Palo Alto, California
- Citizenship: US
- Net Worth: 173.5 Billion Dollar
Mark Zuckerberg, co-founder and CEO of Meta Platforms, launched Facebook in 2004 at the age of 19 while studying computer science and psychology at Harvard University. Initially created to connect students’ names with their photos on campus, Facebook opened to anyone aged 13 and older with a valid email address in 2006.
In May 2012, Zuckerberg took the company public, and by December 2016, he ranked 10th on Forbes’ list of The World’s Most Powerful People. Today, he owns about 13 percent of the company’s stock.
Zuckerberg, now 39, is married to Priscilla Chan, and they have three daughters. Together, they are investing $3 billion to end, cure, or manage all diseases by 2100.
3.Bernard Arnault & Family
- Age: 75
- Residence: Paris
- Citizenship: France
- Net Worth: 195 Billion Dollar
Bernard Arnault, the world’s second richest individual, serves as CEO and chairman of Moët Hennessy Louis Vuitton (LVMH), the largest luxury goods company globally, which includes approximately 70 prestigious fashion and cosmetics brands. Among its notable holdings are Louis Vuitton, Christian Dior, Moet & Chandon, and Sephora. In January 2021, LVMH finalized the acquisition of jeweler Tiffany & Co. for a significant $15.8 billion.
Arnault’s five children are actively involved in various sectors of the extensive LVMH empire. In January 2023, he appointed his daughter Delphine to lead Dior, the conglomerate’s second-largest brand.
2.Jeff Bezos
- Age: 60
- Residence: Medina, Washington
- Citizenship: US
- Net Worth: 206.3 Billion Dollar
In July 2021, Jeff Bezos decided to give up his role as CEO of the ecommerce powerhouse Amazon while still maintaining his position as chairman. During the same month, he embarked on a space voyage aboard a rocket developed by Blue Origin, a private space exploration company he established and generously funded with billions of dollars.
1.Elon Musk
- Age: 52
- Residence: Boca Chica, Texas
- Citizenship: US
- Net Worth: 213.1 Billion Dollar
Elon Musk has become the wealthiest person in the world. He serves as CEO of several prominent companies, including Tesla, the electric car manufacturer, and SpaceX, a leader in space exploration. Musk currently holds a 23 percent stake in Tesla, with a substantial portion of his wealth, approximately two-thirds, tied to the company’s success.
In October 2022, Musk made headlines by acquiring Twitter for $44 billion. Under his leadership, Tesla went public in 2010, experiencing significant growth in market capitalization throughout 2020 and 2021. This growth propelled Musk into the ranks of the world’s top ten richest individuals by September 2021. At its peak in November 2021, Musk’s fortune soared to an astonishing $320 billion.
