Top 10 Richest Person In The World

The Next Tech Editors evaluate the Bloomberg Billionaires Index to explore the real time richest person in the world.

The list of real time billionaires was lengthy as we explored. We have mentioned the top 10 billionaires on this page.

Here’s a quick review of the richest person in the world with their net worth as of August 27, 2024.

One: Elon Musk

Net Worth: $239B
Source: Tesla, SpaceX
Country: United States

He is gradually becoming the father and CEO of Tesla and SpaceX. His wealth comes primarily from his stakes in these companies, which are valued highly due to their innovations in electric vehicles and space exploration.

His recent innovation effort for developing a world of selfless driving cars, making him all time in the news. And oh! Space exploration, alike.

Storyline: Musk emigrated from South Africa to the U.S. and started his career with ventures like Zip2 and Paypal. He then turned his passion and focus to SpaceX, Tesla, and other ventures like Neuralink and The Boring Company.

His recent innovation is enabling people who have lost their eyesight to see by programming with the optical processing areas of the brain. [1]

Two: Bernard Arnault

Net Worth: $201B
Source: LVMH
Country: France

He is the second biggest richest person in the world. Chairman and CEO of LVMH, the world’s largest luxury goods conglomerate. His ownership in the ventures like Louis Vuitton, Dior, and Moët & Chandon are the significant medium of his wealth creation.

Storyline: Begun his career in real estate before shifting to the luxury goods sector. In the 1980s, he took control of LVMH, turning it into a global leader in high-end fashion.

Three: Jeff Bezos

Net Worth: $199B
Source: Amazon
Country: United States

Founder of Amazon and because of his largest ownership stake in Amazon, he stands third in the list of real time billionaires at $199 billion US dollars which dominates e-commerce and has a growing presence in cloud computing (AWS).

Storyline: Began with starting a small online bookstore and later expanded it into the world’s largest online podum. His innovations in logistics, cloud computing, and AI have been key to Amazon’s success.

Also read: Top 10 Unicorn Startups In The World (2024-25)

Four: Mark Zuckerberg

Net Worth: $185B
Source: Facebook
Country: United States

Net worth of $185 billion, Mark counts in the top 10 billionaire list. Co-founder and CEO of Meta Platforms (formerly Facebook). Ironically, his wealth is derived from his partnering stake in Meta, who also owned WhatsApp and Instagram including Threads.

Storyline: Zuckerberg’s focus on connecting people and expanding into virtual reality (through Meta) has driven his wealth.

Five: Bill Gates

Net Worth: $160B
Source: Microsoft
Country: United States

He is the fifth richest person in the world. Co-founder of Microsoft, Gates’s wealth comes from his early and significant ownership in Microsoft, the leading software company for PCs.

Storyline: Gates and Paul Allen started Microsoft in 1975. Gates stepped down from his role at Microsoft to focus on philanthropy through the Bill & Melinda Gates Foundation.

Six: Larry Ellison

Net Worth: $154B
Source: Oracle
Country: United States

Co-founder and CTO of Oracle, a leading enterprise software and cloud computing company. His wealth is largely due to his significant stake in Oracle.

Currently, Ellison’s vision is to accelerate Oracle customers with the AI revolution. He is planning to provide every Oracle customer its very own full-service cloud region. However, there is still backend planning going on how-to make it from dream to success.

Storyline: Ellison founded Oracle in 1977 and provided database software and cloud solutions. He also invested his capitals in other ventures including the America’s Cup and real estate.

Seven: Larry Page

Net Worth: $150B
Source: Google
Country: United States

Co-founder of Google. Page’s wealth comes from his significant ownership in Alphabet Inc., Google’s parent company.

His famous dialogue “Invention is not enough” has inspired most young minds and ventures to strive for tech inventions for humans and the world.

Storyline: Page and Sergey Brin started Google in 1998 while they were Ph.D. students at Stanford University. He was also involved in other ventures, such as autonomous vehicles and health tech through Alphabet’s.

Eight: Steve Ballmer

Net Worth: $144B
Source: Microsoft
Country: United States

Steve Ballmer is the eight richest person in the world. Former CEO of Microsoft. Ballmer’s wealth is largely due to his substantial ownership stake in Microsoft, as well as his current investments such as ownership of the Los Angeles Clippers, an NBA basketball team.

Storyline: Ballmer joined Microsoft in 1980 and became CEO in 2000, succeeding Bill Gates. In 2014, he stepped down and has since focused on his role as owner of the Los Angeles Clippers basketball team.

Also read: Top 10 IT Companies In The World By Market Cap

Nine: Warren Buffett

Net Worth: $143B
Source: Berkshire Hathaway
Country: United States

Securing the position nine for richest person in the world, Chairman and CEO of Berkshire Hathaway. Buffett’s wealth comes from his investments and the growth of Berkshire Hathaway, a conglomerate with diverse holdings.

His unique skill on reading the market flux helped him succeed in his life and become the richest person in the world.

Storyline: In 1965, his company, Berkshire Hathaway, owned a wide range of businesses and investments, including insurance, utilities, and consumer goods, and made a global huge success.

Ten: Sergey Brin

Net Worth: $141B
Source: Google
Country: United States

Second father of Google. Brin’s wealth comes from his stake in Alphabet Inc., Google’s parent company.

Brin is driven by a desire to leverage technology to solve complex problems and improve lives. He always works on advancing cutting-edge technologies and exploring new frontiers in science and technology.

Storyline: Brin co-founded Google with Larry Page in 1998. He devastated innovative search algorithms and online advertising led to Google’s dominance in the tech industry.

Frequently Asked Questions

Who is the richest man on earth in 2024?

Handsomely and incredibly the CEO Elon Musk is the richest man on the Earth at worth $239bn, overtaking Bernard Arnault of France.

Who is the richest family in the world 2024?

According to Yahoo finance insight, Dassault Family net worth $30.1 billion is the richest family in the world.

Are there any trillionaire family?

There is only one family on the earth, the Saud family of Saudi Arabia that’s worth more than a trillion dollars.

Who can beat Elon Musk net worth?

Well, defeating Elon Musk's net worth is a joke at a glance. However, it depends on the individual's potentiality to surpass earth giant.

Will Elon Musk be the richest person in the world forever?

It’s hard to say but his remarkable success and has been the richest person in the world at various times can make him a billionaire all time.

Sources sites:

• https://www.bloomberg.com/billionaires/
• https://indianexpress.com/article/technology/artificial-intelligence/elon-musk-on-ai-taking-jobs-ai-robots-neuralink-9349008/

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