Top 10 Richest People In The World In 2024 – Elon Musk Overthrowned
Have you wondered who the richest man in the world is? Then, here are the top 10 richest people in the world in 2024, according to Forbes.
In a culture and period driven by ambition and business, there is a select group of people who have amassed incredible fortunes. These outstanding leaders, who are visionary and innovative, have risen to the pinnacle of success, joining the ranks of the world’s richest individuals.
And it is no minor accomplishment. After all, the net wealth of the top ten richest individuals exceeds the GDP of several countries. Today, their wealth is mostly concentrated in the technology, banking, and retail sectors. The widening wealth imbalance between them and the less affluent is a major source of concern for people throughout the world.
10 Richest People In The World In 2024
1. Bernard Arnault and Family
- Age: 74
- Residence: Paris.
- Citizenship: France.
Bernard Arnault, the world’s richest person, is the CEO and chairman of Moët Hennessy Louis Vuitton (LVMH), the world’s largest luxury goods corporation with around 70 recognized fashion and cosmetics brands. Notable brands in its portfolio include Louis Vuitton, Christian Dior, Moët & Chandon, and Sephora. In January 2021, LVMH finalized the $15.8 billion acquisition of jeweler Tiffany & Co.
Arnault’s five children work in a variety of areas within the vast LVMH company. In January 2023, he nominated his daughter Delphine to run Dior, the company’s second-largest brand.
2. Elon Musk
- Age: 52
- Residence: Austin, Texas
- Citizenship: US.
Elon Musk is currently the world’s second-richest person. He is the CEO of numerous well-known enterprises, including electric vehicle producer Tesla and space exploration company SpaceX. He presently has a 23% stake in Tesla. Tesla’s success accounts for around two-thirds of his fortune. Musk made news in October 2022 when he bought Twitter for $44 billion.
Musk oversaw Tesla’s first public offering in 2010. During 2020 and 2021, the company’s market capitalization increased significantly, propelling Musk to the position of the world’s top ten richest people.
3. Jeff Bezos
- Age: 60
- Residence: Medina, Washington.
- Citizenship: US.
In July 2021, Jeff Bezos chose to step down as CEO of the ecommerce behemoth Amazon while remaining chairman. During the same month, he launched a space journey on a rocket created by Blue Origin, a private space exploration business he founded and lavishly supported with billions of dollars.
4. Mark Zuckerberg
- Age: 39
- Residence: Palo Alto, California
- Citizenship: US
Mark Zuckerberg, Meta Platforms’ co-founder and CEO, founded the company’s primary social media platform Facebook at the age of 19 in 2004. He studied computer science and psychology at Harvard University. Facebook was founded to connect the names of students on school to their images. In 2006, Facebook became available to anybody over the age of 13 with a valid email address.
Zuckerberg took the firm public in May 2012, and by December 2016, he was placed tenth on Forbes’ list of the world’s most powerful people. Currently, Zuckerberg holds around 13% of the company’s equity.
10 Richest People In The World In 2024 – Full Lists
Name & Rank | Net Worth (in $ Billions) | Source of Wealth | Country |
---|---|---|---|
#1 Bernard Arnault & family | $233 | LVMH | France |
#2 Elon Musk | $194 | Tesla, SpaceX | United States |
#3 Jeff Bezos | $195 | Amazon | United States |
#4 Mark Zuckerberg | $177 | United States | |
#5 Larry Ellison | $141 | Oracle | United States |
#6 Warren Buffett | $133 | Berkshire Hathaway | United States |
#7 Bill Gates | $128 | Microsoft | United States |
#8 Steve Ballmer | $121 | Microsoft | United States |
#9 Mukesh Ambani | $116 | Reliance Industries | India |
#10 Larry Page | $114 | United States |
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