Top Ten Richest People in The World

Top Ten Richest People in The World – Billionaires are among the most powerful and influential people on the planet, contriving great influence over much of the global economy and playing key roles in everything from international politics and media to philanthropy and scientific innovation. plays. They founded companies that employ tens, even hundreds of thousands of people around the world and are behind some of the most famous brands such as Microsoft, Amazon, Tesla, Google, and Nike. Most are homemade, Others, like Bernard Arnault and Rupert Murdoch, had a little more edge, but expanded their fortunes significantly and built empires in their respective industries.

The top 10 Richest people ranked on this page were updated as of March 1, 2023, at 8:30 a.m. Eastern time, according to Forbes.

Who are the Top Ten Richest People in The World

Below is the ranking, including their age, source(s) of wealth and Residence;

1. Bernard Arnault

Bernard Arnault
Bernard Arnault

Net worth: $210.8 B

Source of Wealth: LVMH/ luxury goods

Age: 73

Residence: Paris

Citizenship: France

Bernard Arnault is CEO and Chairman of LVMH, the world’s largest and most recognized luxury goods company with around 70 fashion and beauty brands. Among the most notable:
Louis Vuitton, Christian Dior, Moët & Chandon, Sephora. In January 2021, LVMH acquired jeweler Tiffany & Co. for $15.8 billion.

2. Elon Musk

Elon Musk
Elon Musk

Net worth: $196.5 BSource: Tesla, SpaceX, Twitter

Age: 51

Residence: Austin, Texas

Citizenship: U.S.

Musk is the CEO of electric car maker Tesla, rocket company SpaceX, and social media company Twitter. He owns 23% of Tesla in shares and options but has pledged more than half of the shares as collateral for the loan. The car company accounts for two-thirds of its assets. In October 2022, he acquired Twitter for $44 billion and owns an estimated 74% of the social media company.

3. Jeff Bezos

Jeff Bezos
Jeff Bezos

 

Net worth: $117.4 B

Source: Amazon

Age: 59

Residence: Medina, Washington

Citizenship: U.S.

Jeff Bezos opted out as CEO of e-commerce giant Amazon in July 2021, but remains chairman. That same month, he flew into space on a rocket built by Blue Origin, a private rocket company he invested billions of dollars in.

4. Larry Ellison

Larry Ellison
Larry Ellison

 

Net worth: $112.3 B

Source: Oracle

Age: 78

Residence: Lanai, Hawaii

Citizenship: U.S.

Larry Ellison co-founded the software company Oracle in 1977 and served as CEO until 2014. He currently serves as the company’s Chairman and Chief Technology Officer. Oracle has made a number of large acquisitions over the years, including Sun Microsystems in 2010.

5. Warren Buffett

Warren Buffett
Warren Buffett

 

Net worth: $106.4 B

Source: Berkshire Hathaway

Age: 92

Residence: Omaha, Nebraska

Citizenship: U.S.

Warren Buffet is also known as the “Oracle of Omaha”. He is a very successful investor for the record. He oversees Conglomerate Berkshire Hathaway, which controls dozens of companies, such as Insurer Geio, Battery Maker Duracell, and Restaurant CHain Dairy Queen. It was at age 11 that he first bought stock and also filed taxes at the age of 13.

6. Bill Gates

Bill Gates
Bill Gates

Net worth: $104.9 B

Source: Microsoft, investments

Age: 67

Residence: Medina, Washington

Citizenship: U.S.

Bill Gates had a strong passion for computer programming as a teenager. The now-rich Bill dropped out of Havard to start the software firm called Microsoft together with his friend Paul Allen in 1975. He was CEO of the company for 25 years and remained chairman until 2014. He eventually stepped off the board in 2020. These days he has investments in dozens of companies including Republic Services ad Deere & Co. and is one of the largest owners of farmland in the U.S.

7. Carlos Slim Helu

Carlos Slim Helu
Carlos Slim Helu

 

Net worth: $89.9 B

Source: telecom, investments

Age: 83

Residence: Mexico City

Citizenship: Mexico

Carlos Slim Helu controls América Móvil together with his family. América Móvil is considered the biggest mobile telecom firm. The company is in operation in at least 15 countries. Slim partnered with other telecom companies to acquire Telmex which is a government-owned phone company, in 1990. The rich Carlos Slim also owns stakes in Mexican construction, consumer goods, mining, and real estate companies. He used to own 17% of the New York Times but sold the stake in 2021.

8. Mukesh Ambani

Mukesh Ambani
Mukesh Ambani

Net worth: $83.3 B

Source: petrochemicals, telecommunications

Age: 65

Residence: Mumbai, India

Citizenship: India

Mukesh Ambani leads the $104 billion Reliance Industries with interests in petrochemicals, oil and gas, telecommunications, and retail. He is a licensee of Forbes He Media He owns Network18 and The Mandarin in New York He owns the Oriental Hotel. Reliance was founded in 1966 as a small textile manufacturer by his late father, Dhirubhai Ambani, who was a yarn merchant. After his father died in 2002, Ambani and his younger brother Anil split the family empire.

9. Steve Ballmer

Steve Ballmer
Steve Ballmer

Net worth: $80.9 billion

Source: Microsoft, investments

Age: 66

Residence: Hunts Point, Washington

Citizenship: U.S.

A classmate of Bill Gates at Harvard University, Ballmer served as CEO of Microsoft from 2000 to 2014. He joined Microsoft in 1980 as employee number 30 after dropping out of the MBA program.

And the last on the list will be;

10. Francoise Bettencourt Meyers

Francoise Bettencourt Meyers
Francoise Bettencourt Meyers

Net worth: $80.7 billion

Source: L’Oreal

Age: 69

Residence: Paris, France

Citizenship: France

Granddaughter of the founder of cosmetics giant L’Oréal, Françoise Bettencourt Meyers is the richest woman in the world. Bettencourt Meyers and her family own approximately 33% of L’Oréal shares. She has been a member of L’Oréal’s board of directors since her 1997 and serves as chairman of the family holding company.

Always follow this page for updates on this list.

SOURCE: FORBES

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