Billionaires play a great role in shaping philanthropy, politics, and the global economy. In 2023, Forbes put 2,640 as the number of billionaires. The wealthiest man in the world is Elon Musk.

    Rank Name Net Worth (in $ billions) Source of Wealth Country
    #1 Elon Musk $244.4 Tesla, SpaceX United States
    #2 Bernard Arnault & family $187.9 LVMH France
    #3 Jeff Bezos $169.3 Amazon United States
    #4 Larry Ellison $147.5 Oracle United States
    #5 Warren Buffett $118.5 Berkshire Hathaway United States
    #6 Bill Gates $117.6 Microsoft United States
    #7 Mark Zuckerberg $115.1 Facebook United States
    #8 Steve Ballmer $111.8 Microsoft United States
    #9 Larry Page $111.2 Google United States
    #10 Sergey Brin $106.8 Google United States

     

    Know More About the top 10 richest people in the world

    1. Elon Musk

    Age: 52

    Residence: Austin, Texas

    Citizenship: US

    Elon Musk happens to be the wealthiest person in the world. He is recognized as the CEO of various companies such as Tesla (electric car manufacturer) and SpaceX (space exploration company).

    His stake in Tesla is approximately 23%. He purchased Twitter in October 2022 for $44 billion. In November 2021, Musk’s wealth was around $320 billion.

    Other valuable assets of Elon Musk are Space Exploration Technologies ($53.2 billion private asset) and The Boring Company ($3.33 billion private asset).

    1. Bernard Arnault & Family

    Age: 74

      Residence: Paris

      Citizenship: France

    Bernard Arnault is the second richest person in the world. He is the chairman and CEO of Moët Hennessy Louis Vuitton (LVMH).

    LVMH is the largest luxury goods company in the world. Arnault has five children who work in different sectors, leading to the expansion of LVMH.

    Other Assets of Bernard Arnault are $13.1 billion in cash and Moelis & Company equity ($26.1 billion public asset).

    1. Jeff Bezos

    Age: 59

    Residence: Medina, Washington

    Citizenship: US

    In the year 2021 in July, Jeff Bezos resigned from the position of CEO at Amazon, the e-commerce powerhouse.

    In the same year, he started his space voyage, which was developed by Blue Origin, a space exploration company.

    Other assets of Jeff Bezos are  Blue Origin ($11.2 billion private asset), Koru ($500 million private asset), The Washington Post ($250 million private asset), and $14 billion in cash.

    1. Larry Ellison

    Age: 79

    Residence: Lanai, Hawaii

    Citizenship: US

    Larry Ellison was the co-founder of Oracle in the year 1977 and remained the CEO till 2014.

    Presently, he is the Chief Technology Officer and chairman of Oracle. In 2012, he acquired the Hawaiian island of Lanai for $300 million.

    Other Assets of Larry Ellison are Tesla equity ($10.7 billion public asset), $21.8 billion in cash. 

    1. Warren Buffett

    Age: 93

    Residence: Omaha, Nebraska

    Citizenship: US

    Warren Buffett is popularly known as the “Oracle of Omaha,”. He happens to be the head of Berkshire Hathaway which is an investment conglomerate of Geico, Duracell, and Dairy Queen, which is a restaurant chain.

    Other Assets of Warren Buffett are $1.28 billion in cash and his net worth is $119 billion.

    1. Bill Gates

    Age: 67

    Residence: Medina, Washington

    Citizenship: US

    Forbes recognized Bill Gates as a billionaire. From the year 1995 to 2017 he was the world’s richest person, with some exceptions in 2008, 2010, and 2013.

    According to an estimation by Forbes, Gates’s worth increased by nearly $500 million from May 1, 2023, to June 2023.

    Other Assets of Bill Gates are $64.1 billion in cash and billions over multiple other companies.

    1. Mark Zuckerberg

    Age: 39

    Residence: Palo Alto, California

    Citizenship: US

    Mark Zuckerberg is known for starting a social media platform named Facebook in 2004 when he was just 19 years old. Mark was a computer science student at Harvard University.

    Now, he is the CEO and co-founder of Meta Platform. In 2012, Zuckerberg took Facebook publicly, and by December 2016, he was among the World’s most powerful people. Presently, he has 13% of the shares on Facebook.

    Other Assets of Mark Zuckerberg is 4.03 billion in cash and his net worth is $115 billion.

    1. Steve Ballmer

    Age: 67

    Residence: Hunts Point, Washington

    Citizenship: US

    Steve Ballmer is a classmate of Bill Gates, who also studied at Harvard University and was the CEO of Microsoft from 2000 to 2014.

    He joined the company as a 30th employee in the year 1980 when he dropped his MBA at Stanford University.

    Other Assets of Steve Ballmer are Los Angeles Clippers ($3.73 billion private asset), Intuit Dome ($2 billion private asset), The Forum ($400 million private asset), $3.48 billion in cash.

    1. Larry Page

    Age: 50

    Residence: Palo Alto, California

    Citizenship: US

    Larry Page and his fellow Stanford PhD student Sergey Brin co-founded Google in 1998. Page remained the CEO till 2001 and then later assumed the role from 2011 to 2015.

    Other Assets of Larry Page are 16.3 billion in cash and his net worth is $119 billion.

    1. Sergey Brin

    Age: 50

    Residence: Los Altos, California

    Citizenship: US

    Along with Larry Page, Sergey Brin played a crucial role in establishing Google Search Engine in 1998.

    Brin was also responsible for seeing special projects such as the development of Google Glass. Presently, he is serving as a board member of Alphabet, the parent company of Google.

    Other Assets of Sergey Brin are 16.4 billion in cash and his net worth is $113 billion.

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