The Wealthiest people on earth according to their net worth

In an ambitious and entrepreneurially driven society and era, a distinguished group of individuals has achieved unimaginable fortunes. These exceptional leaders, possessing vision and innovation, have risen to the highest echelons of success, securing exclusive positions among the world’s wealthiest individuals.

Achieving such a feat is no small accomplishment. After all, the net worth of the top 10 richest people exceeds the GDP of numerous nations. Today, their wealth predominantly resides in the technology, finance, and retail industries. The growing wealth disparity between them and the less privileged is a significant concern for people worldwide.

This article reveals the identities of the top 10 richest people globally, illuminating their remarkable accomplishments, entrepreneurial prowess, and profound influence on the global economy. The following list is acquired from Forbes.

Top 10 richest people in the world

Elon Musk

Elon Musk, the world’s wealthiest individual, is the CEO of several prominent companies, notably the electric car manufacturer Tesla and the space exploration firm SpaceX. Holding a 23 percent stake in Tesla, a substantial portion of Musk’s wealth, approximately two-thirds is intricately linked to Tesla’s success. Notably, Musk made headlines in October 2022 with his acquisition of Twitter for $44 billion.

Guiding Tesla through its initial public offering in 2010, Musk orchestrated significant growth in the company’s market capitalization during 2020 and 2021. This surge catapulted Musk into the world’s top 10 richest people by September 2021. Achieving its zenith in November 2021, Musk’s fortune soared to an astonishing $320 billion.

Bernard Arnault

The CEO and chairman of Moët Hennessy Louis Vuitton (LVMH), the world’s largest luxury goods company with about 70 renowned fashion and cosmetics brands, is Bernard Arnault, the world’s second richest person. The portfolio of LVMH boasts notable names such as Louis Vuitton, Christian Dior, Moet & Chandon, and Sephora. In January 2021, LVMH finalized the acquisition of jeweler Tiffany & Co. for an astonishing $15.8 billion.

Arnault’s five children actively contribute to various sectors within the expansive LVMH empire. In January 2023, he personally appointed his daughter Delphine to lead Dior, the group’s second-largest brand.

Jeff Bezos

In July 2021, Jeff Bezos opted to step down from his position as CEO of the ecommerce giant Amazon, all while retaining his role as chairman. Simultaneously, within the same month, he undertook a space journey aboard a rocket crafted by Blue Origin, a private space exploration company that he founded and generously financed with billions of dollars.

Larry Ellison

In 1977, Larry Ellison played a pivotal role in the founding of the software firm Oracle and served as its CEO until 2014. Presently, he actively holds the positions of chairman and Chief Technology Officer within the company. Making headlines in 2012, Ellison acquired the Hawaiian island of Lanai for $300 million. Additionally, he delved into investments, securing a significant stake in Tesla, and served on the board of directors from 2018 to 2022.

Warren Buffett

Warren Buffett, known widely as the “Oracle of Omaha,” stands out as one of history’s most accomplished investors. Leading Berkshire Hathaway, an investment conglomerate with a diverse portfolio that includes various companies like Geico, a notable insurance provider, Duracell, a battery manufacturer, and Dairy Queen, a restaurant chain.

In 2010, Buffett, along with Bill Gates and Melinda French Gates, took the initiative to establish the Giving Pledge. This initiative actively encourages billionaires to commit to donating a minimum of 50 percent of their wealth to charitable organizations. Illustrating his unwavering commitment to philanthropy, Buffett has openly expressed his intention to allocate 99 percent of his fortune to charitable causes.

Bill Gates

In 1987, Forbes initially acknowledged Gates as a billionaire. Holding the title of the world’s wealthiest individual from 1995 to 2017, with brief interruptions in 2008 and from 2010 to 2013. In 2021, Gates and Melinda French Gates concluded their divorce settlement, with Melinda receiving a minimum of $6 billion in stocks. Forbes’ estimations indicate a modest rise of approximately $500 million in Gates’ fortune from May 1 to June 1, 2023, enabling him to advance one position in the rankings and secure the fifth spot.

Mark Zuckerberg

Mark Zuckerberg, the co-founder and CEO of Meta Platforms, initiated the development of its flagship social media platform, Facebook, in 2004 at the age of 19 while pursuing studies in computer science and psychology at Harvard University. Initially designed to match names with photos for students on campus, Facebook expanded its accessibility in 2006, allowing anyone aged 13 or older with a valid email address to join.

In May 2012, Zuckerberg took Meta Platforms public, achieving the 10th position on Forbes’ list of The World’s Most Powerful People by December 2016. Currently, he maintains ownership of approximately 13 percent of the company’s stock.

At 39 years old, Zuckerberg, married to Priscilla Chan and a father of three daughters, collaborates with his wife in a philanthropic effort, dedicating $3 billion to eradicate, cure, or manage all diseases by the year 2100.

Steve Ballmer

Steve Ballmer, a former Harvard University classmate of Bill Gates, served as the CEO of Microsoft from 2000 to 2014. Joining Microsoft in 1980 as its 30th employee, he had opted out of the MBA program at Stanford University.

In the year of his retirement from Microsoft, Ballmer grabbed headlines by making a significant move — acquiring the Los Angeles Clippers basketball team for an astounding $2 billion. This acquisition set a new standard for the highest price ever paid for an NBA team at that time.

Larry Page

In 1998, Larry Page, along with his fellow Stanford PhD student Sergey Brin, established Google. Page initially assumed the role of CEO until 2001, and later, he resumed this position from 2011 to 2015.

At present, Page is actively involved as a board member of Alphabet, the parent company of Google, where he wields substantial influence as a major shareholder. Furthermore, Page played a pivotal role as a founding investor in Planetary Resources, a company dedicated to space exploration.

Sergey Brin

Teaming up with his Stanford PhD colleague, Larry Page, Sergey Brin played a crucial role in founding the Google search engine in 1998. Hailing originally from Russia, Brin served as the technology president at Google initially and later took charge of special projects, including the creation of Google Glass, a wearable device with voice-activated “smart glasses.” Presently, Brin is actively engaged as a board member of Alphabet, the parent company of Google, while maintaining a substantial controlling stake in the company.

-----------------------------------------------
💖 Support My Work, Please Donate Here👇