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10 Richest People in the World. Billionaires have a significant impact on philanthropy, politics, and the global economy.

10 Richest People in the World

10 Richest People in the World

By 2023, there will be 2,640 billionaires in the world, according to Forbes. Elon Musk, the owner of X (formerly Twitter) and CEO of SpaceX and Tesla, is the richest of them all.

The people on this list have even more power and are members of an even more exclusive club. Many are the founders of massive technology companies, and a sizable portion of their wealth is still tied to the businesses they founded.

 

1. Elon Musk: $226 billion

The United States The world's richest person is Elon Musk. He serves as the CEO of several well-known businesses, including SpaceX, a space exploration company, and Tesla, an electric vehicle manufacturer. As of right now, he owns a 23 percent share in Tesla. Approximately two-thirds of his wealth is dependent on Tesla's success. When Musk paid $44 billion to acquire Twitter in October 2022, the news was publicized.

In 2010, Tesla made its IPO under Musk's direction. The company's market capitalization increased significantly in 2020 and 2021, which helped Musk climb to the top 10 richest people in the world in September of that same year. Musk's wealth reached an incredible $320 billion at its height in November 2021.

2- Bernard Arnault: $175 billion

The CEO and chairman of Moët Hennessy Louis Vuitton (LVMH), the largest luxury goods company in the world with about 70 well-known fashion and cosmetics brands, is the Frenchman Bernard Arnault, who is ranked as the second richest person in the world. Its portfolio features well-known brands like Sephora, Christian Dior, Louis Vuitton, and Moet & Chandon. Jeweler Tiffany & Co. was acquired by LVMH for an astounding $15.8 billion in January 2021.

3- Jeff Bezos: $172 billion

American Jeff Bezos decided in July 2021 to resign as CEO of the industry leader in online retail, Amazon, but to keep his chairmanship. In that same month, he launched a space expedition on a rocket built by Blue Origin, a privately held space exploration firm he founded and kindly contributed billions of dollars to.

4- Bill Gates: $135 billion

The American Gates was first named a billionaire by Forbes in 1987. With two brief breaks in the title from 2008 and 2010 to 2013, he remained the richest person in the world from 1995 until 2017. Gates and Melinda French Gates divorced in 2021, with Melinda getting a settlement worth at least $6 billion in stocks. Based on estimates provided by Forbes, Gates' wealth increased by about $500 million between May 1 and June 1, 2023. This move enabled him to move up one spot in the rankings and take the fifth place.

5- Steve Ballmer: $129 billion

Steve Ballmer, Bill Gates's classmate at Harvard University, led Microsoft as CEO from 2000 until 2014. After leaving Stanford University's MBA program, he joined Microsoft as its thirty-first employee in 1980, marking the beginning of his career with the company.

Ballmer made headlines when he bought the Los Angeles Clippers basketball team for an astounding $2 billion in the same year he retired from Microsoft. At the time, this was the highest price ever paid for an NBA team.

6- Larry Ellison: $129 billion

The software company Oracle was co-founded in 1977 by American Larry Ellison, who served as its CEO until 2014. He currently serves as both the chairman and the chief technology officer of the business. Ellison gained notoriety in 2012 when he paid $300 million to purchase the Hawaiian island of Lanai. Along with his business endeavors, Ellison took a big investment in Tesla, where he was a director from 2018 to 2022.

7- Larry Page: $122 billion

In 1998, Google was co-founded by American Larry Page and Sergey Brin, a fellow PhD candidate at Stanford. Page was CEO for the first time until 2001 when he took it back from 2011 to 2015.

At present, he holds a prominent position as a shareholder and member of the board of Alphabet, which is Google's parent company.

In addition, Page was a significant founding investor in the space exploration company Planetary Resources.

 

8- Mark Zuckerberg: $120 billion

At the age of 19, American Mark Zuckerberg co-founded and serves as CEO of Meta Platforms, the company that created the popular social media network Facebook in 2004. He was a Harvard University student studying psychology and computer science. Facebook was designed to allow students' names and photos to be matched on campus. Facebook opened its doors to anyone with a working email address who was at least 13 years old in 2006.

After taking the business public in May 2012, Zuckerberg was listed as the 10th most powerful person in the world by Forbes in December 2016. At the moment, Zuckerberg holds roughly 13% of the business's equity.

9–Wayne Buffett: $119 billion

Known to most as the "Oracle of Omaha," American investor Warren Buffett is among the greatest in history. He is the CEO of Berkshire Hathaway, an investment conglomerate that owns a wide range of businesses, including the restaurant chain Dairy Queen, the insurance provider Geico, and the battery manufacturer Duracell.

The Giving Pledge initiative was started in 2010 by Buffett, Bill and Melinda Gates, and Melinda French Gates. It encourages billionaires to give away at least half of their wealth to charitable causes. Buffett has declared that he will donate 99 percent of his fortune, demonstrating his unwavering commitment to philanthropy.

10- Sergey Brin: $116 billion

Sergey Brin was instrumental in founding the Google search engine in 1998, working closely with Larry Page, his fellow Stanford PhD student. Being Russian by birth, Brin was Google's first president of technology before moving on to special projects management, where he oversaw the creation of Google Glass, a wearable with voice-activated "smart glasses." In addition to holding a sizable controlling interest in Alphabet, Google's parent company, Brin currently serves as a board member of the organization.