Top 10 Richest People In The World

List of the Wealthiest People Worldwide

News: The lineup of the richest people globally keeps evolving due to various reasons impacting their wealth. As of October 6, 2023, here’s an updated compilation of the top 10 wealthiest individuals globally and some key insights about each of them.

Elon Musk – $239 billion

Elon Musk is an innovative entrepreneur transforming transportation on Earth and beyond. He leads Tesla, an electric car company valued at nearly $820 billion. Also, his aerospace firm, SpaceX, holds a valuation close to $100 billion. Elon Musk’s current net worth is $239 billion.

Bernard Arnault – $164 billion

Bernard Arnault, the Chairman and CEO of LVMH in France, secures the second position on this list with a net worth of $164 billion. Arnault oversees an expansive empire of over 70 luxury brands, including renowned names like Louis Vuitton and Sephora. Last year, he joined the elite group of individuals with a net worth surpassing $100 billion.

Jeff Bezos – $150 billion

Despite a highly publicized divorce from MacKenzie in 2019, Amazon’s founder and CEO, Jeff Bezos, maintains his status as one of the wealthiest people globally. His net worth of $150 billion positions him as the third richest individual worldwide. Amazon’s extraordinary success during the COVID-19 pandemic significantly contributed to his wealth.

Larry Ellison – $128 billion

Larry Ellison, the co-founder of Oracle, boasts a net worth of $128 billion. While stepping down as CEO in 2014, he remains the chairman of the board and chief technology advisor. Additionally, Ellison holds a substantial stake in Tesla and owns the majority of Lanai, a Hawaiian island.

Bill Gates – $122 billion

As the co-founder of the Bill & Melinda Gates Foundation, Bill Gates possesses a net worth of $122 billion. Gates gradually moved away from Microsoft, retaining only a 1% stake while diversifying his investments. Last year, his wealth crossed the $100 billion mark, and his foundation remains the largest private charitable organization globally.

Warren Buffett – $115 billion

Renowned as the “Oracle of Omaha,” Warren Buffett is famed for his exceptional investment skills. He leads Berkshire Hathaway, which holds a diverse portfolio of over 60 companies, including Geico insurance and Duracell. His net worth stands at $115 billion, and he began investing at the young age of 11.

Larry Page – $121 billion

Larry Page, the co-founder of Google, ranks seventh on the list with a net worth of $121 billion. He has also invested in space exploration company Planetary Resources and supports startups in the “Flying Car” industry through ventures like Kitty Hawk and Opener.

Sergey Brin – $115 billion

Sergey Brin, a co-founder and board member of Alphabet, claims the eighth spot with a net worth of $115 billion. Alongside Larry Page, he founded Google in 1998, which went public in 2004 before transforming into Alphabet in 2015.

Steve Ballmer – $111 billion

Former Microsoft CEO Steve Ballmer owns the Los Angeles Clippers and holds a net worth of $111 billion. Ballmer’s journey at Microsoft commenced in 1980, and he took over as CEO in 2000, succeeding Bill Gates.

Mark Zuckerberg – $111 billion

Mark Zuckerberg, the co-founder, CEO, and chairman of Facebook, remains a pivotal figure behind the world’s leading social network. With a net worth of $111 billion, he owns around 15% of Facebook’s shares since its public offering in 2012. Zuckerberg is the youngest centibillionaire, and the rapid growth of Instagram Reels has contributed to his wealth surpassing $100 billion.

These rankings are based on the Bloomberg billionaires Index as of October 06, 2023, showcasing the remarkable accomplishments and entrepreneurial expertise of these individuals. It’s crucial to note that positions on this list can swiftly change as financial markets and business fortunes fluctuate.