Top 10 richest people in the world as of 2024

Bernard Arnault, CEO of the world’s leading luxury goods company LVMH, remains the richest person in the world as of May 1, 2024.

Forbes’ real-time billionaire list confirms Arnault’s continued reign at the top, where he has maintained his position since February 2024, closely followed by Elon Musk, the visionary behind Tesla.

In a recent development, Amazon founder Jeff Bezos briefly overtook Musk in April 2024 to secure second place. However, Musk quickly regained his position after Tesla shares saw a staggering 15% increase on April 29, 2024, increasing his net worth by $14.5 billion, according to Forbes magazine.

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Musk’s recent examination of the electric vehicle situation in China highlights his relentless drive to innovate. Though Musk lags behind Arnault, he has managed to close the wealth gap. Arnault’s net worth is now $209.4 billion, about $10 billion more than Musk.

Still, Arnault’s LVMH suffered a setback last month, when its shares fell and it suffered a $17 billion asset loss. Nevertheless, Arnault’s status as the world’s richest man remains unchallenged

In addition, Amazon founder Jeff Bezos dropped to third place with a net worth of $193.3 billion, while Mark Zuckerberg’s Meta recorded a net worth of $151.2 billion during the same period.

According to Forbes, Françoise’s fortune comes from her ownership of cosmetics giant L’Oreal, which she inherited from her late mother. Her grandfather was Eugène Schouler, the founder of L’Oreal.

1. Bernard Arnault

Net worth: $209.4 billion

Source: LVMH/ luxury goods Age: 75

Residence: Paris

Citizenship: France

2. Elon Musk

Net worth: $199.6 billion

Source: Tesla, SpaceX, X (Twitter) Age: 52

Residence: Austin, Texas

Citizenship: U.S.

3. Jeff Bezos

Net worth: $193.3 billion

Source: Amazon Age: 60

Residence: Miami, Florida

Citizenship: U.S

4. Mark Zuckerberg

Net worth: $151.2 billion

Source: Meta (Facebook)

Age: 39 Residence: Palo Alto, California

5. Larry Ellison

Net worth: $142.8 billion

Source: Oracle

Age: 79 Residence: Woodside, California

Citizenship: U.S.

6. Larry Page

Net worth: $135.4 billion

Source: Google Age: 51

Residence: Palo Alto, California

Citizenship: U.

7. Warren Buffett

Net worth: $131 billion

Source: Berkshire Hathaway

Age: 93 Residence: Omaha, Nebraska

Citizenship: U.S.

8. Sergey Brin

Net worth: $129.9 billion

Source: Google

Age: 50

Residence: Los Altos, California

Citizenship: Us

9. Bill Gates

Net worth: $127 billion

Source: Microsoft, investments

Age: 68 Residence: Medina, Washington

Citizenship: U.S

10. Steve Ballmer

Net worth: $117.1 billion

Source: Microsoft, Clippers, investments

Age: 68

Residence: Hunts Point, Washington

Citizenship: U.S