Top 6 Richest Person in the World

Top 6 Richest Person in the World 2024

Explore the elite ranks of the world's wealthiest individuals in 2024 with our concise list of the Top 6 Richest People. From tech moguls to business tycoons, discover key details, net worth, and sources of income for each individual, including Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison, Mark Zuckerberg, and Bill Gates. Stay informed about the financial giants shaping the global landscape.

1. Elon Musk - $251.3 Billion

2. Bernard Arnault - $201.0 Billion

3. Jeff Bezos - $174.2 Billion

4. Larry Ellison - $135.3 Billion

5. Mark Zuckerberg - $125.3 Billion

6. Bill Gates - $119.6 Billion

Who is the Richest Man in the World?

Here is the Top 6 Richest Person in the World along with their net worth, source of income and some key details:

1. Number One Richest Man in the World – Elon Musk

Elon Musk, aged 52 and based in the United States, holds the title of the world’s wealthiest individual, amassing a net worth of $251.3 billion. As the co-founder and CEO of Tesla, Musk's substantial wealth is closely tied to his 13% ownership stake in the company, valued at $98.1 billion. Additionally, his ownership stakes in SpaceX (79%, valued at $9.32 billion) and the Boring Company ($3.33 billion) contribute significantly to his overall net worth.

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Renowned for co-founding groundbreaking companies such as SpaceX, a leading rocket producer, Tesla, an innovative electric car maker, and the Boring Company, focused on tunneling technology, Musk's entrepreneurial prowess has propelled him to the pinnacle of global wealth. Notably, a substantial portion of his fortune is intricately linked to the success of Tesla. In a notable move, Musk acquired Twitter in October 2022 for a considerable sum of $44 billion.

2. Second Richest Man in the World – Bernard Arnault

Claiming the esteemed position of the world's third richest individual is Bernard Arnault, aged 74 and residing in France. Serving as the CEO and Chair at LVMH (LVMUY), Arnault boasts an impressive net worth of $201.0 billion. A notable facet of their wealth is a substantial 97.5% ownership stake in Christian Dior, valued at $130 billion. Diversifying their asset portfolio, Arnault holds $26.1 billion in Moelis & Company equity and maintains a cash reserve of $13.1 billion.

Notably, Bernard Arnault is at the helm of the world's largest luxury goods company, Moet Hennessy Louis Vuitton (LVMH), which encompasses approximately 70 renowned fashion and cosmetics brands. In a landmark move in January 2021, LVMH successfully concluded the acquisition of jeweler Tiffany & Co. for an impressive $15.8 billion.

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Arnault's influence extends to his five children, who contribute to various sectors within the expansive LVMH empire. In a strategic decision in January 2023, he appointed his daughter Delphine to lead Dior, the group's second-largest brand.

3. 3rd Richest man in the World – Jeff Bezos

Securing the second spot on the list of the world's wealthiest individuals is Jeff Bezos, aged 59 and residing in the United States. Renowned as the Founder and Executive Chair of Amazon (AMZN), Bezos boasts an impressive net worth of $174.2 billion. The majority of his wealth is derived from a substantial 10% ownership stake in Amazon, valued at $145 billion. Bezos further diversifies his financial portfolio with private assets, including Blue Origin ($11.2 billion), The Washington Post ($250 million), Koru ($500 million), and a noteworthy $14 billion in cash reserves.

In a significant move in July 2021, Jeff Bezos opted to step down from his role as CEO of Amazon, a global ecommerce powerhouse, while retaining his position as chairman. Notably, Bezos is associated with an aerospace company, The Washington Post, and Blue Origin, an endeavor focused on designing rockets and marking a historic journey to space in July 2021.

4. 4th Richest Man in the World – Larry Ellison

At the age of 79, residing in Lanai, Hawaii, and holding US citizenship, Larry Ellison stands as a co-founder of the software firm Oracle, established in 1977. He served as the company's CEO until 2014 and currently holds the positions of Chairman and Chief Technology Officer. Notably, in 2012, Ellison garnered attention by acquiring the Hawaiian island of Lanai for a noteworthy sum of $300 million.

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Beyond his role in Oracle, Ellison has delved into strategic investments, including a significant stake in Tesla. He served on the board of directors at Tesla from 2018 until 2022. Larry Ellison boasts a substantial net worth, estimated at $135.3 billion, solidifying his position among the wealthiest individuals.

5. 5th Richest Man in the World – Bill Gates

Holding the esteemed position of the world's fourth wealthiest individual is Bill Gates, aged 68 and residing in the United States. Widely recognized as the co-founder of Microsoft (MSFT), Gates has amassed a substantial net worth of $119.6 billion. Notably, their ownership stake in Microsoft stands at 1.4%, valued at $24.1 billion. Beyond Microsoft, Gates maintains a diverse portfolio with $64.1 billion in cash and investments across various other companies, solidifying an influential presence in the business world.

Bill Gates secured the fourth position on the real-time billionaire's list, with a significant portion of his wealth attributed to Microsoft and investments in zero-carbon energy. Co-founding Microsoft alongside Paul Allen in 1975, Gates currently owns 1% of the software company's shares as of March 2020.

In addition to his tech empire, Gates is recognized as the largest owner of farmland in the United States and has investments in companies like Canadian National Railway and AutoNation. Bill Gates maintained the fourth rank in the real-time billionaire's list in 2022.

6. 6th Richest Man in the World – Mark Zuckerberg

At the age of 39, residing in Palo Alto, California, and holding US citizenship, Mark Zuckerberg stands as the co-founder and CEO of Meta Platforms. Mark Zuckerberg has amassed a substantial net worth of $125.3 billion. He initiated the flagship social media platform, Facebook, in 2004 when he was just 19 years old while pursuing studies in computer science and psychology at Harvard University. Initially designed to match the names of students on campus with their photos, Facebook expanded its reach in 2006, opening to everyone at least 13 years old with a valid email address.

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In May 2012, Zuckerberg led the company to go public, and by December 2016, he secured the 10th position on the Forbes list of The World's Most Powerful People. Presently, Zuckerberg maintains ownership of about 13 percent of the company's stock.

Beyond his tech endeavors, the 39-year-old entrepreneur is married to Priscilla Chan and is a proud father of three daughters. Together with his wife, Zuckerberg is actively investing $3 billion in an ambitious initiative aimed at ending, curing, or managing all diseases by the year 2100.