Richest Man in the World, Today, we would like to introduce you to the Richest Man in the World, whose wealth surpasses the GDP of several nations. Additionally, eight billionaires from America have made it onto this prestigious list. Forbes, a renowned magazine, has recently released this list, which provides information on the names of the world’s wealthiest individuals. You can find this list in our article titled “The Richest Man in the World.” To discover the complete list of the richest people globally, join us until the end of this article.
The Richest Man in the World
This is where you can find details about the top 10 wealthiest individuals globally. We want to emphasize that the list of billionaires is determined by an annual ranking and their documented net worth. Forbes magazine publishes this ranking every year in March. It’s worth noting that this ranking was initially introduced in 1987.
Richest Man in the World 2024 Voting
In this article, you will be provided with details about the top 10 wealthiest individuals globally as of September 3, 2024. It is worth noting that Elon Musk has secured the highest position on the list of the world’s richest individuals. The article also contains information regarding his total assets. We kindly request that you read “The Richest Man in the World” attentively from start to finish.
Forbes Billionaire 2024 Overview
| Article Title | Richest Man in the World |
| Category | Classification |
| Classification for whom | Richest men |
| Classified by | Forbes magazine |
| Date and time | 3 September 2024 |
| No. 1 richest person in the World | Elon Musk |
| Website | Click here |
Top 10 Richest Person in the World
The Real-Time Billionaires List, also known as the World’s Billionaires List, is a yearly compilation of the richest billionaires in the world, determined by their recorded net worth.
Top 10 Richest People in the World
| S. No. | Name | Net worth (in Billions) | Country |
| 1. | Elon Musk | $240.7 | United States |
| 2. | Bernard Arnault & family | $231.4 | France |
| 3. | Jeff Bezos | $154.9 | United States |
| 4. | Larry Elison | $146.1 | United States |
| 5. | Bill Gates | $119.3 | United States |
| 6. | Warren Buffet | $117.4 | United States |
| 7. | Mark Zuckerberg | $115.2 | United States |
| 8. | Larry Page | $111.9 | United States |
| 9. | Sergey Brin | $106.2 | United States |
| 10. | Steve Ballmer | $103.4 | United States |
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1. Elon Musk
- Age: 51 years
- Net worth: $240.7B
- Source: Tesla and SpaceX
- Residence: Austin, Texas
- Citizenship: United States
Elon Musk is the world’s richest person. He co-founded companies like SpaceX (rocket producer), Tesla (electric car maker) and Boring Company (tunnelling startup). A significant portion of his wealth is tied to the success of Tesla. Musk purchased Twitter in October 2022 for $44 billion.
2. Bernard Arnault & family
- Age: 74 years
- Net worth: $231.4B
- Source: LVMH/ luxury goods
- Residence: Paris
- Citizenship: France
Bernard Arnault is the CEO of the world’s largest luxury goods company “Moet Hennessy Louis Vuitton (LVMH)” which encompasses approximately 70 renowned fashion and cosmetics brands. In January 2021, LVMH completed the acquisition of jeweller Tiffany & Co. for a staggering $15.8 billion.
Arnault’s five children contribute to various sectors within the expansive LVMH empire. In January 2024, he appointed his daughter Delphine to lead Dior, the group’s second largest brand.
3. Jeff Bezos
- Age: 59 years
- Net worth: $154.9B
- Source: Amazon
- Residence: Medina, Washington
- Citizenship: United States
In July 2021, Jeff Bezos decided to give up his role as CEO of the ecommerce powerhouse Amazon while still maintaining his position as chairman. Bezos owned an aerospace company named The Washington Post and Blue Origin,designing rockets and fled to space in July 2021.
4. Larry Ellison
- Age: 78 years
- Net worth: $146.1B
- Source: Oracle
- Residence: Lanai, Hawaii
- Citizenship: United States
Larry Ellison holds 4th position in the real-time billionaire’s list. He owns 35% of software giant Oracle and is its chief technology officer, chairman and co-founder. He left the CEO position at Oracle in 2014. He shifted permanently to Hawaiian Island Lanai and bought it for $300 million. He purchased 3 million Tesla shares and joined its board in December 2018.
5. Bill Gates
- Age: 67 years
- Net worth: $119.3B
- Source: Microsoft, investments
- Residence: Medina, Washington
- Citizenship: United States
He stands on the fifth position on the real-time billionaire’s list. He gets a significant portion of wealth from Microsoft and investment in zero-carbon energy. Bill co-founded Microsoft with Paul Allen in 1975 and owns only 1% of the software company’s share as of March 2020.
Bill Gates is the largest owner of farmland in the United States and invested in various companies like Canadian National Railway and AutoNation. Bill occupied the fourth rank in the real-time billionaire’s list in 2022.
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6. Warren Buffet
- Age: 92 years
- Net worth: $117.4B
- Source: Berkshire Hathaway
- Residence: Omaha, Nebraska
- Citizenship: United States
Warren Buffet, widely recognised as the “Oracle of Omaha”, is one of history’s most accomplished investors. He is the head of Berkshire Hathaway, an investment conglomerate with a diverse portfolio encompassing numerous companies, such as insurance provider Geico, battery manufacturer Duracell and restaurant chain Dairy Queen.
7. Mark Zuckerberg
- Age: 39 years
- Net worth: $115.2B
- Source: Meta
- Residence: Palo Alto, California
- Citizenship: United States
Mark Zuckerberg is an American billionaire business magnate, computer programmer, internet entrepreneur and philanthropist. He co-founded the social media website Facebook and its parent company Meta Platforms of which he is the executive chairman, CEO and controlling shareholder.
8. Larry Page
- Age: 50 years
- Net worth: $111.9B
- Source: Google
- Residence: Palo Alto, California
- Citizenship: United States
Lawrence Edward Page is an American billionaire business magnate. He is the co-founder of Google with Sergen Brin. He is the co-creator and namesake of PageRank, a search ranking algorithm for Google. He received the Macroni Prize 2004 with co-writer Brin.
9. Sergey Brin
- Age: 50 years
- Net worth: $106.2B
- Source: Google
- Residence: Los Altos, California
- Citizenship: United States
Brin is a co-founder of Google with Larry Page. He was the president of Google’s parent company, Alphabet Inc., until stepping down from his role in December 2019.
10. Steve Ballmer
- Age: 67 years
- Net worth: $103.4B
- Source: Microsoft, investment
- Residence: Hunts Point, Washington
- Citizenship: United States
Ballmer is an American businessman and investor who served as the chief executive officer of Microsoft from 2000 to 2014. He is the owner of the Los Angeles Clippers of the National Basketball Association.
25 Richest Person In The World
| Name | Industry | Net Worth | Name | Industry | Net Worth |
| Elon musk | 240.7 | Charls koch | Diversified | 67.8 | |
| Bernold arnolt | LVMH | 231.4 | Julia flesher koch and family | Diversified | 67.8 |
| Jaff bejos | Amazon | 154.9 | Zhong shanshan | Beverages | 66.7 |
| Larry ellision | Oracle | 146.1 | Jim walton | Walmart | 66.0 |
| Bill Gates | Microsoft | 119.3 | Alice walton | Walmart | 63.6 |
| Warren Buffett | Workshite hathway | 117.4 | Amancio ortega | Inditex | 60.5 |
| Mark Jukerberg | Facebook, Meta | 115.2 | Gautam Adani | Diversified | 55.8 |
| Larry Page | 111.9 | Jacqueline badger mars | Confectionery | 55.2 | |
| Surgery Brin | Businessman | 106.2 | John Mars | Confectionery | 55.2 |
| Steve walmart | Businessman wallmart | 103.4 | Michel dell | Dell computer | 49.3 |
| Mukesh ambani | Diversified | 80.3 | Zhang yiming | Tiktok | 54.9 |
| Francoise bettencourt meyer | Cosmetics | 80.0 | Gerard wertheimer | Clothing | 48.1 |
Latest 5 Billionaires Winners and Losers Today By Voting
Today’s billionaire winners and losers can be quite a rollercoaster ride, with fortunes rising and falling based on the whims of the market. The latest updates show some notable winners, including Elon Musk, whose net worth continues to skyrocket thanks to the success of Tesla and SpaceX.
Richest Person Who Can Maintain The Position?
Jeff Bezos also remains a top contender, maintaining his position as one of the richest individuals in the world despite recent divorce settlement costs. On the other side of the spectrum, there have been a few losers as well. Warren Buffett’s net worth took a hit due to Berkshire Hathaway’s underperformance in certain sectors. Meanwhile, Mark Zuckerberg faced scrutiny and financial setbacks due to controversies surrounding Facebook. It just goes to show that even billionaires are not immune to the ups and downs of the financial world.
Who is the 1st Richest Man in the World Today?
Elon Musk’s name comes first on the list of the world’s 10 richest people. Many companies were co-founded by Elon Musk, including SpaceX Rocket Manufacturer Company, Boring Company, and Tesla, which is an electric car manufacturer. Musk’s net worth is said to be close to $240.7 billion; his citizenship is in the USA, and his residence is Austin, Texas.
Forbes Magazine Edition Criteria
Forbes Magazine is responsible for producing and releasing this list every March. The inaugural edition of this ranking was published in 1987.
Real-Time Billionaires Rankings
Each person’s net worth is estimated by taking into account their reported assets and considering any debts and other factors.
Richest Person By Financial status
In today’s ambitious and entrepreneurial society, many individuals prioritize achieving high financial status. There are numerous wealthy individuals who have accumulated immense fortunes through their innovative visions and have achieved remarkable success, earning top positions among the world’s richest people.
How did the ranking compares?
The rankings reveal the net worth of each individual in US dollars. It should be noted that these rankings do not encompass royalties or dictators who accumulate wealth due to their position or status.
How Have Elon Musk Acheive The First Position in Billionaires List?
Elon Musk stands in the first position on the list of Billionaires. He is the world’s richest person with a net worth of $239.3B. He is getting a significant portion of his wealth from Telsa and SpaceX.
Frequently Asked Questions
Who is the richest man in the world, according to the list released on September 3, 2024?
According to the list released on September 3, 2024, the richest man in the world is Twitter CEO Elon Musk.
Where will we get the list of the 25 richest people in the world?
You will find the list of the 25 richest people in the world under this article, The Richest Man in the World.
Who are the second and third richest people in the world?
The second and third richest people in the world are Elon Musk and Bernard Arnault, respectively.
