Top 10 richest people in the world

The global landscape of wealth is ever-evolving! After a year of record wealth creation, most richest people on the globe saw their net worth rise sharply in FY 2023-24. Towards the end of last month, Forbes unveiled the top echelons of affluence – the ten individuals who reign supreme on the world's wealthiest list. India’s richest man Mukesh Ambani also features in this elite list of the world’s richest people.

1. Bernard Arnault - $233 billion
Bernard Arnault, Chairman and CEO of LVMH in France, secures the top position on this list with a net worth of $233 billion. Arnault oversees a vast empire of over 70 luxury brands, including household names like Louis Vuitton and Sephora.

2. Elon Musk - $195 billion
Elon Musk is a visionary entrepreneur who is reshaping both terrestrial and extraterrestrial transportation. He leads Tesla, an electric car manufacturer with a staggering valuation of nearly $470 billion. Additionally, his aerospace company, SpaceX, boasts a valuation close to $180 billion. Elon Musk's net worth currently stands at $195 billion.

3. Jeff Bezos - $194 billion
Despite a high-profile divorce from his wife MacKenzie in 2019, Amazon founder and CEO Jeff Bezos maintains his status as one of the world's wealthiest individuals. His net worth of $194 billion positions him as the third richest person globally. Amazon's remarkable success during the COVID-19 pandemic contributed significantly to his wealth.

4. Mark Zuckerberg - $177 billion
Mark Zuckerberg, co-founder, CEO, and chairman of Facebook, is a driving force behind the world's leading social network. With a net worth of $177 billion, he has held approximately 13% of Facebook's shares since the company went public in 2012. Zuckerberg is the youngest centi-billionaire, and the rapid growth of Instagram Reels has contributed to his wealth.

5. Larry Ellison - $141 billion
Larry Ellison, the co-founder of Oracle, has a net worth of $141 billion. While he stepped down as CEO in 2014, he continues to serve as the chairman of the board and chief technology advisor. Additionally, Ellison has a notable stake in Tesla and owns most of Lanai, a Hawaiian island.

6. Warren Buffett - $133 billion
Warren Buffett, renowned as the "Oracle of Omaha," is celebrated for his exceptional investment acumen. He helms Berkshire Hathaway, which boasts a diverse portfolio of over 60 companies, including Geico Insurance and Duracell. His net worth stands at $133 billion, and he began his investing journey at just 11 years old.

7. Bill Gates - $128 billion
Co-founder of the Bill & Melinda Gates Foundation, Bill Gates possesses a net worth of $128 billion. Gates transitioned away from Microsoft over the years, retaining only a 1% stake while diversifying his investments. His foundation remains the largest private charitable organization globally.

8. Steve Ballmer - $121 billion
Former Microsoft CEO Steve Ballmer owns the Los Angeles Clippers and boasts a net worth of $121 billion. Ballmer's journey at Microsoft began in 1980, and he assumed the role of CEO in 2000, succeeding Bill Gates.

9. Mukesh Ambani - $116 billion
Mukesh Ambani, an Indian tycoon, chairs Reliance Industries, a conglomerate with interests spanning petrochemicals, refining, telecommunications, and retail has a net worth of $116 billion. His strategic vision and innovative ventures have positioned him as one of the world's wealthiest and most influential business leaders.

10. Larry Page - $114 billion
Larry Page, co-founder of Google, ranks tenth on the list with a net worth of $114 billion. He has also invested in space exploration company Planetary Resources and supports startups in the "Flying Car" industry through companies like Kitty Hawk and Opener.

These rankings are based on the Bloomberg Billionaires Index as of March 8, 2024, and highlight their remarkable achievements and entrepreneurial prowess. It's important to note that the positions on this list can change rapidly this year as well as financial markets and business fortunes undertake an uncertain and volatile path forward.

See Also -
Top 10 richest actor in India
Top 10 businesswomen in India
Top 10 Richest Actress in India
Top 10 largest economies in the world