The Top 10 Richest People in the World in 2024

In this era of competition and ambition, when every entrepreneur is working for his passion, some of them are lucky enough to get an unimaginable fortune. These leaders possess extraordinary innovation and vision, have reached the highest rank of success, and have become the richest people in the world with maximum net worth. 

This is not a small success; you have encountered your name among the wealthiest people in the world, and you have achieved the success you have dreamed of. They have surpassed the GDP of multiple nations. 

This article has a detailed view of the 10 richest people in the world in 2024, their net worth, their accomplishments, and their influence on the global economy.

Here is the complete list of the 10 richest people in the world. 

1.Elon Musk 

Elon Musk is currently the richest person globally. He is 53 years old and lives in Boca Chica, Texas, US. He is well known as the CEO of multiple big companies, including Tesla, the electric car manufacturer, and SpaceX, a space exploration company. 

His net stake in Tesla is 23%. Tesla is the significant reason behind two-thirds of his total wealth. Elon Musk first appeared on the surface when he purchased Twitter in 2022 for $44 billion.

In 2010, Tesla made its initial public offering under Musk's direction. The company's market capitalization increased significantly in 2020 and 2021, which helped Musk get 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. Jeff Bezos

Jeff Bezos belongs to Medina, Washington, US, and is the founder of the commerce powerhouse, Amazon. He is 60 years old and is the second richest man in the world. 

In July 2021, Bezos 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.

3. Bernard Arnault

Bernard Arnault is the third richest person in the world, with a net worth of $191.1 billion. He is the chairman and CEO of the world's largest company, Moët Hennessy Louis Vuitton (LVMH). This is the largest company globally, encompassing approximately 70 famous cosmetics and fashion brands.

Companies that should be notable within its portfolio are Louis Vuitton, Moet & Chandon, Christian Dior, and Sephora. In the first month of 2021, LVMH achieved the acquisition of Co. for staggering and jewelry Tiffany.

Arnault has five children, and he involved them in this mega network of businesses. He appointed his daughter, Delphine, who joined the second-largest brand of the group, Dior, as a leader in January 2023.

4. Mark Zuckerberg

Mark Zuckerberg, who lives in Palo Alto, California, USA, will be the 4th richest person in the world in 2024, with a net worth of $185.4 billion. He is the CEO and co-founder of Meta Platforms. He started his own social media platform in 2004 with the name “Facebook” at the age of 19. In the next two years, his platform was available to everyone, even a 13-year-old who had a valid email address.

Zuckerberg took the Facebook company public in May 2012. He was ranked tenth on the most powerful people list in the world in 2016. Mark Zuckerberg currently owns 13% of the company’s stock. 

He married Priscilla Chan and has three daughters. Both of them are spending $3 billion to achieve their target by 2100 to manage or cure all the diseases. 

5. Larry Ellison

Larry Ellison was the 5th richest person in the world in 1977, with a net worth of $179.6 billion. He co-founded Oracle, a software company, and served as its CEO until 2014. He currently serves the company as executive chairman and chief technology officer. 

Larry Ellison gained fame when he paid $300 million to purchase the Hawaiian island of Lanai in 2012. In addition, Ellison made investments in Quark Biotechnology Inc., Astex Pharmaceuticals, NetSuite, and Salesforce.com.

6. Larry Page 

Larry Page is in the 6th position on the list of the wealthiest people in 2024, with a net worth of $155.7 billion. He is 51 years old and lives in Palo Alto, California, USA. 

He co-founded Google in 1998 with his fellow co-founder, Sergey Brin, a Stanford PhD student. Page resumed the position of CEO of this company in 2001 and then pointed to this role again from 2011 to 2015.

He also had a major hold on Google's parent company, the board of Alphabets, as he was a major member and stakeholder in this company. Furthermore, he also played a significant role in founding the company, Planetary Resources. This company is devoted to planning the mining of resources rich in asteroids and related planetary bodies. 

7. Sergey Brin 

Sergey Brin shared his journey to success with his fellow colleague, Larry Page, as both of them were co-founders of Google in 1998. Sergey Brin is originally from Russia and now has a residence in Los Altos, California, USA.

He was the technology president of Google initially. Later, he was specialized to see some special projects, i.e., the development of Google Glass. This is a wearable device with features like voice-activated “smart glasses.”. 

He is serving the parent company, Google, on the board of Alphabet as a member and has a significant controlling stake in this company.

8. Bill Gates 

Bill Gates was one of the richest people in the world and maintained this title from 1995 to 2017, with the exception of 2008, 2010 and 2013. The residence of this 68-year-old billionaire is in Medina, Washington, USA. After a contentious divorce was finalized in 2021, his wife, Melinda French Gates, received a settlement that included at least $6 billion in stocks. 

Twenty-five years after becoming CEO of Microsoft, Gates focused on charitable endeavors. The Avahan initiative for HIV prevention, launched by the Bill & Melinda Gates Foundation in 2003, is thought to have averted 6,00,000 new infections since it started operating in India.

9. Steve Ballmer

Steve Ballmer was a classmate of Bill Gates at Harvard University. Currently, he is 68 years old and lives in Hunts Point, Washington, USA. He is the 9th richest man in the world, with a net worth of $135.3 billion. He started his journey with Microsoft in 1980 as a 30th employee of the company, as a dropped-out student of an MBA at Stanford University. He maintained the position of CEO at Microsoft from 2000 to 2014.

Ballmer made news the year he retired from Microsoft when he spent an astounding $2 billion to acquire the Los Angeles Clippers basketball franchise, which was a record-breaking amount for the most money at that time ever paid for an NBA team.

10. Warren Buffet 

Warren Buffet is the 10th  richest person and the most accomplished investor globally, with a net worth of $128.9. He is 93 years old and lives in Omaha, Nebraska. He is famous as the “Oracle of Omaha." He is the CEO of Berkshire Hathaway, an investing conglomerate that owns a wide range of businesses, including the food chain Dairy Queen, the insurance provider Geico, the battery producer Duracell, Apple, and Nu Holdings.

In 2010, Warren established the Giving Pledge initiative with the collaboration of Melinda French Gates and Bill Gates. This organization urges rich people to donate at least 50% of their wealth to charitable organizations. Buffett has declared that he will contribute 99 percent of his money, demonstrating his unwavering dedication to philanthropy.