Richest Person in the World, Top 10 Billionaires List May 2024
The world’s billionaires in 2024 come from various industries like technology and retail. These individuals have significantly impacted the world with their innovative leadership. At the top are Bernard Arnault, the visionary behind LVMH, and other influential figures like Elon Musk, Jeff Bezos, and Mark Zuckerberg.
These billionaires are known not only for their immense wealth, but also for their innovation and determination. Their work has transformed electric vehicles, space exploration, luxury retail, and social networking, shaping global trends and industries. Let’s explore the lives and achievements of the top 10 Richest Persons in the World in 2024 to understand how their vision continues to impact our world.
Who is the Richest Person in the World?
The world of billionaires is a dynamic and ever-changing landscape, with fortunes built on various industries ranging from technology to luxury goods. As of 2024, here are the top 10 billionaires, their net worth, and the businesses that have propelled them to the pinnacle of wealth.
1. Bernard Arnault & Family
- Net Worth: $206.3 billion
- Business: Fashion & Retail (LVMH)
Bernard Arnault, the chairman and CEO of LVMH, has solidified his position as the world’s richest person. His empire, LVMH, includes iconic luxury brands like Louis Vuitton, Moët & Chandon, and Christian Dior. Arnault’s strategic acquisitions and commitment to both innovation and tradition have made LVMH the largest and most successful luxury conglomerate globally. His vision continues to drive the company forward, ensuring its products remain synonymous with luxury and excellence.
2. Jeff Bezos
- Net Worth: $200.9 billion
- Business: Technology (Amazon)
Jeff Bezos, the founder of Amazon, has revolutionized the retail and cloud computing industries. With a net worth of $200 billion, Bezos’s impact on global commerce is unparalleled. Although he stepped down as CEO, his vision and leadership continue to shape Amazon’s future. Beyond Amazon, Bezos is investing in space exploration through his company Blue Origin, aiming to make space travel more accessible.
3. Elon Musk
- Net Worth: $197.8 billion
- Business: Automotive (Tesla), Space (SpaceX)
Elon Musk, the visionary behind Tesla and SpaceX, is renowned for his groundbreaking work in electric vehicles and space exploration. With a net worth of $197.8 billion, Musk’s influence extends beyond the automotive industry to include significant advancements in space travel. Tesla’s continued growth and SpaceX’s ambitious projects, like the Starship and Mars colonization, keep Musk at the forefront of technological innovation and entrepreneurship.
4. Mark Zuckerberg
- Net Worth: $164.2 billion
- Business: Technology (Facebook/Meta)
Mark Zuckerberg, the co-founder and CEO of Meta (formerly Facebook), has a net worth of $164 billion. Under his leadership, Meta has expanded beyond social media to focus on virtual reality and the metaverse, aiming to create immersive digital experiences. Zuckerberg’s ambitious vision for the future of connectivity and digital interaction keeps Meta at the cutting edge of technology.
5. Larry Ellison
- Net Worth: $154.3 billion
- Business: Technology (Oracle)
Larry Ellison, the co-founder and executive chairman of Oracle, has amassed a fortune of $154 billion through his work in enterprise software and cloud computing. Ellison’s leadership has transformed Oracle into a global leader in database management systems. His investments in technology and real estate continue to grow, solidifying his position among the world’s wealthiest individuals.
6. Larry Page
- Net Worth: $145.9 billion
- Business: Technology (Google)
Larry Page, co-founder of Google, has a net worth of $145 billion. Page’s contributions to search engine technology and internet services have fundamentally changed how we access information. Beyond Google, Page is involved in various innovative projects, including advancements in artificial intelligence and autonomous vehicles, through Alphabet, Google’s parent company.
7. Sergey Brin
- Net Worth: $139.8 billion
- Business: Technology (Google)
Sergey Brin, co-founder of Google, has a net worth of $139 billion. Brin’s work alongside Larry Page in developing Google has had a profound impact on the internet and information accessibility. Brin is also involved in various innovative projects under Alphabet, including advancements in artificial intelligence and robotics.
8. Warren Buffett
- Net Worth: $136.5 billion
- Business: Investments (Berkshire Hathaway)
Warren Buffett, known as the “Oracle of Omaha,” has a net worth of $136 billion. As the chairman and CEO of Berkshire Hathaway, Buffett’s investment acumen has made him one of the most respected figures in finance. His philosophy of value investing and his long-term approach to business have yielded significant returns, making Berkshire Hathaway a powerhouse in the investment world.
9. Bill Gates
- Net Worth: $131.4 billion
- Business: Technology (Microsoft)
Bill Gates, co-founder of Microsoft, has a net worth of $131 billion. Gates’ contributions to personal computing and software development have revolutionized the tech industry. Although he stepped down from his day-to-day role at Microsoft, he remains active through the Bill & Melinda Gates Foundation, focusing on global health, education, and poverty alleviation.
10. Steve Ballmer
- Net Worth: $126.8 billion
- Business: Technology (Microsoft)
Steve Ballmer, former CEO of Microsoft, has a net worth of $126 billion. Ballmer led Microsoft through a period of significant growth and transformation, expanding its product range and market reach. Since retiring from Microsoft, Ballmer has invested in various ventures, including owning the NBA’s Los Angeles Clippers, and remains an influential figure in the tech and business communities.
These ten individuals have not only amassed immense wealth but have also made significant contributions to their respective industries, shaping the future of technology, retail, and investment.