Top 10 Richest People in the World

Top 10 Richest Person in the World- Ranking the Top Billionaire

The top 10 richest people in the world are the nuclei of the opulent sphere. With their extraordinary prowess, they have made themselves rule the era. They fuel the industry with their vision and a pinch of innovation.

Most billionaires build their wealth through technology. Elon Musk, the richest person on the planet, is one such example of someone who has a keen interest in technology and has made a significant amount out of it. The two exceptions on the richest list are Arnault and Warren Buffett, who followed their passion and found a way to secure the place.

From Tech Titans to Retail Moguls: Meet the Top 10 Wealthiest Individuals on the Planet

Here is the list of the top 10 richest people in the world who rule their kingdom and shape the economy, politics, and, most importantly, philanthropy.

1. Elon Musk- the richest person in the world

Elon has continuously maintained his position at the top since September 2021. Today, he holds a prominent place in the various companies that are different in their own way. Tesla, SpaceX, and X (Twitter) are a few companies that are famed for him. 

  1. His net worth is valued at $239 billion. He acquired a 23% stake in Tesla.
  2. He not only rules the road with Tesla, but his space agency, SpaceX, makes him the king of the sky, too.
  3. His recent purchase of Twitter for $44 billion again added to his fortune. He holds a 79% stake in the company.

2. Bernard Arnault- the brand behind Louis Vuitton

Bernard Arnault is the chairman and CEO of LVMH in France. He owns the world’s largest luxury goods company, which surrounds about 70 of the best-known fashion and cosmetics brands.

  1. He is one of the billionaires to join the wealthiest club of individuals, with a net worth of more than $100 billion. 
  2. He has a net worth of more than $164 million, making him the second richest person in the world.
  3. His major stake of 41.4% in Christian Dior SE adds a significant portion to his wealth.
  4. His LVMH brand includes Louis Vuitton, Hennessey, Marc Jacobs, and Sephora.

3. Jeff Bezos- the largest online retailer in the world

Jeff Bezos, with his unique leadership style, has made Amazon the world’s largest online retailer. He founded Amazon in 1994, abandoned the position of CEO, and was elected executive chairman in 2021. 

  1. Despite having less than 10% of a stake in Amazon, he is the third richest person in the world, and Jeff Bezos's net worth is $165.3 billion.
  2. He drove his interest in the space world in 2021 and invested in Blue Origin, an aerospace company that develops rockets.
  3. He once held the title of richest person in the world and surpassed other billionaires like Bill Gates, Warren Buffett, and Mark Zuckerberg.

4. Larry Ellison: innovation behind Oracle

Larry founded Oracle in 1977, and until 2014, he held the position of CEO of the company. He is the Chief Technology Officer and Chairman of Oracle. 

  1. His net worth of $122 billion makes him the fourth-richest person in the world.
  2. He made Oracle through expansive acquisitions of software companies.
  3. He was on the board of directors at Tesla from December 2018 to August 2022. He owns 15 million shares in the company.

5. Warren Buffett- investor of all time

His journey from investment in a textile company, Berkshire Hathaway, in 1962 to becoming a major shareholder by 1965 might be a bat of an eye, but making it one of the world’s excellent investment companies is what only Buffett can do. 

  1. Warren Buffet has a net worth of $155 billion, which makes him the fifth richest person in the world.
  2. He, in collaboration with Bill Gates, has established the Giving Pledge initiative.
  3. He has constantly demonstrated his commitment to society and has donated an uncountable amount to philanthropy till now.

6. Bill Gates- a billionaire who held the top position most of the time.

Bill maintained the title of the world’s richest person from 1995 to 2017. He founded the largest software company in the world—Microsoft—with his childhood friend Paul Allen.

  1. His net worth amounts to $122 billion. Most of his net worth comes from Cascade Investment LLC, a private investment company.
  2. He holds only a 1% stake in Microsoft. He has also invested in numerous companies, like Republic Services and Deere & Co.
  3. His Gates Foundation is the world’s largest charitable organisation.

7. Larry Page, a tech billionaire behind Google

Larry and Sergey Brin founded Google in 1998 and served as CEOs until 2001. He again led the company from 2011 until 2019. Today, Google holds supremacy over the Internet search engine. 

  1. Larry has a net worth of $121 billion, making him the seventh richest person in the world.
  2. Like other billionaires on the list, he has also invested in a space exploration company.
  3. He purchased YouTube and also acquired Android, which has greatly added to his wealth.

8. Sergey Brin- the brain behind Alphabet

Sergey founded Google with Larry in 1998. He was president of Alphabet in 2015 and stepped down in 2019. 

  1. His net worth amounts to $115 billion, which makes him the eighth richest person in the world.
  2. He donated $1 billion to the Parkinson’s disease fund after his mother was diagnosed with the disease.

9. Steve Ballmer- a technophile who made Microsoft

Steve and Bill Gates, together, made Microsoft. He served as CEO of the company from 2000 to 2014. 

  1. His net worth is about $111 billion, making him the ninth richest person in the world.
  2. He bought the NBA’s Los Angeles Clippers for $2 billion in 2014.
  3. Ballmer contributed essentially to the construction of the company’s products and services, like Exchange, Windows Server, SQL Server, SharePoint, Dynamics CRM, etc.

10. Mark Zuckerberg- the owner of the world’s largest social networking site

With more than $3 billion of active users on Facebook, Zuckerberg successfully created a platform to converge the world.

  • His net worth is more than $111 billion. His stake in the Meta platform is about 13%, which makes it more than $106 billion.
  • He is the youngest centillionaire to join the club.
  • He has pledged to spend $3 billion to end, cure, and oversee all the diseases by 2100.

Endnote:

The top 10 richest people on the planet list keep changing because most of these ultra-high-net-worth individuals stay invested in the companies they formed, and the share prices of these companies keep changing depending on the market conditions. 

Also Read:

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Win Harrison 14 Aug, 2023

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