The global wealth landscape continues to be dominated by influential figures in technology, retail, and luxury goods. According to Forbes, the top 10 richest individuals have a combined net worth of approximately $1.9 trillion, reflecting significant economic impacts worldwide.
Here is an overview of these billionaires:
Elon Musk
Net Worth: $421.2 billion Source: Tesla, SpaceX, X (formerly Twitter), xAI, Boring Co. Age: 53 Citizenship: U.S. Musk’s wealth surged by $91 billion in December 2024, primarily due to SpaceX’s valuation reaching $350 billion.
Jeff Bezos
Net Worth: $233.5 billion Source: Amazon Age: 60 Citizenship: U.S. Bezos reclaimed the second spot after Amazon’s stock rose 5% in December 2024, increasing his wealth by $10 billion.
Larry Ellison
Net Worth: $209.7 billion Source: Oracle Age: 80 Citizenship: U.S. Despite Oracle’s stock slump resulting in a $17 billion loss, Ellison remains firmly in third place.
Mark Zuckerberg
Net Worth: $202.5 billion Source: Meta (formerly Facebook) Age: 40 Citizenship: U.S. Meta’s stock price increase of 1.9% nudged Zuckerberg’s fortune slightly higher.
Bernard Arnault
Net Worth: $168.8 billion Source: LVMH Age: 75 Citizenship: France The luxury goods titan enjoyed an $8.5 billion rise thanks to LVMH’s stock performance.
Larry Page
Net Worth: $157.9 billion Source: Google (Alphabet) Age: 51 Citizenship: U.S. Google’s co-founder maintains his position among the elite wealthiest individuals globally.
Sergey Brin
Net Worth: $153.4 billion Source: Google (Alphabet) Age: 50 Citizenship: U.S. Brin’s wealth reflects Alphabet’s sustained dominance in the tech industry.
Warren Buffett
Net Worth: $139.6 billion Source: Berkshire Hathaway Age: 94 Citizenship: U.S. Buffett’s wealth declined by $8.9 billion due to a 6% drop in Berkshire Hathaway’s stock in December 2024.
Steve Ballmer
Net Worth: $123.5 billion Source: Microsoft Age: 68 Citizenship: U.S. The former Microsoft CEO and Los Angeles Clippers owner saw a $500 million decrease in his fortune but remains in the top 10.
Jensen Huang
Net Worth: $118 billion Source: Nvidia Age: 61 Citizenship: U.S. Nvidia’s stock surged by 171% in 2024, securing Huang’s place among the world’s wealthiest for the first time.
These individuals have not only amassed significant wealth but have also played pivotal roles in shaping industries and influencing global economic trends. Their ventures span various sectors, including technology, e-commerce, luxury goods, and finance, underscoring the diverse avenues through which substantial wealth can be generated.
Note: Net worth figures are estimates and subject to market fluctuations.