The 10 richest men in the world

Published August 4th, 2024 - 09:36 GMT

ALBAWABA - In a society and era fueled by ambition and the desire for entrepreneurship, there is a distinguished group of individuals who have achieved unimaginable wealth, ascending to the highest ranks to become the world's richest men.

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Elon Musk has reclaimed the title of the world's richest person. He is the CEO of several prominent companies, including the electric car manufacturer Tesla and the space exploration company SpaceX. His wealth amounts to $240.7 billion.

In July 2021, Jeff Bezos decided to step down from his role as CEO of the powerful e-commerce company Amazon while retaining his position as Executive Chairman. In the same month, he embarked on a space journey aboard a rocket developed by Blue Origin, a private space exploration company he founded and generously funded with billions of dollars. His wealth is estimated at approximately $204.8 billion.

Bernard Arnault, the third richest person in the world, is the CEO and Chairman of Moët Hennessy Louis Vuitton (LVMH), the world's largest luxury goods company, which includes nearly 70 renowned fashion and cosmetics brands. Notable names in its portfolio include Louis Vuitton, Christian Dior, Moët & Chandon, and Sephora. In January 2021, LVMH completed the acquisition of the jewelry company Tiffany & Co for $15.8 billion. His wealth amounts to $179.5 billion.

Larry Ellison co-founded the software company Oracle in 1977 and served as its CEO until 2014. He currently holds the positions of Chairman and Chief Technology Officer. In 2012, Ellison made headlines when he acquired the Hawaiian island of Lanai for $300 million. Ellison has also ventured into investments in Salesforce.com, NetSuite, Quark Biotechnology Inc., and Astex Pharmaceuticals. His wealth amounts to $172.6 billion.

Mark Zuckerberg, the co-founder and CEO of Meta Platforms, launched its leading social media platform Facebook in 2004 when he was just 19 years old. As a student of computer science and psychology at Harvard University, Facebook was created to match student names with their photos on campus. In 2006, Facebook was opened to everyone aged 13 and above with a valid email address. His wealth reaches $166.6 billion.

Larry Page, along with fellow Stanford PhD student Sergey Brin, co-founded Google in 1998. Initially, Page served as CEO until 2001 and then resumed the role from 2011 to 2015. His wealth is estimated at $142.2 billion.

Warren Buffett, widely known as the "Oracle of Omaha," is one of the most accomplished investors in history. He is the Chairman of Berkshire Hathaway, a conglomerate with a diverse portfolio that includes companies such as Geico, Duracell, Apple, Nu Holdings, and the restaurant chain Dairy Queen. His wealth amounts to $138.2 billion.

Sergey Brin, along with his Stanford PhD colleague Larry Page, played a pivotal role in creating the Google search engine in 1998. Originally from Russia, Brin initially served as Google's President of Technology and later oversaw special projects, including the development of Google Glass, a voice-activated "smart glasses" device. Brin currently serves as a board member of Alphabet, Google's parent company, while retaining a significant controlling stake in the company. His wealth amounts to $136.1 billion.

In 1987, Forbes magazine first recognized Bill Gates as a billionaire. From 1995 to 2017, he held the title of the world's richest person, with brief exceptions in 2008 and from 2010 to 2013. In 2021, Gates and Melinda French Gates finalized their divorce, with Melinda receiving at least $6 billion in stock as part of the settlement. After leading Microsoft for 25 years, Gates turned his focus to philanthropic endeavors. The Bill & Melinda Gates Foundation began its work in India in 2003, and through its HIV prevention initiative "Avahan," it is estimated to have successfully averted six million new infections. His wealth amounts to $130.9 billion.

Steve Ballmer, Bill Gates' Harvard University classmate, served as Microsoft's CEO from 2000 to 2014. He began his journey with Microsoft in 1980 when he joined the company as its 30th employee, having left the Stanford MBA program. His wealth amounts to $124 billion.

1. Elon Musk
2. Jeff Bezos
3. Bernard Arnault
4. Larry Ellison
5. Mark Zuckerberg
6. Larry Page
7. Warren Buffett
8. Sergey Brin
9. Bill Gates
10.  Steve Ballmer
1. Elon Musk
Elon Musk has reclaimed the title of the world's richest person. He is the CEO of several prominent companies, including the electric car manufacturer Tesla and the space exploration company SpaceX. His wealth amounts to $240.7 billion.
2. Jeff Bezos
In July 2021, Jeff Bezos decided to step down from his role as CEO of the powerful e-commerce company Amazon while retaining his position as Executive Chairman. In the same month, he embarked on a space journey aboard a rocket developed by Blue Origin, a private space exploration company he founded and generously funded with billions of dollars. His wealth is estimated at approximately $204.8 billion.
3. Bernard Arnault
Bernard Arnault, the third richest person in the world, is the CEO and Chairman of Moët Hennessy Louis Vuitton (LVMH), the world's largest luxury goods company, which includes nearly 70 renowned fashion and cosmetics brands. Notable names in its portfolio include Louis Vuitton, Christian Dior, Moët & Chandon, and Sephora. In January 2021, LVMH completed the acquisition of the jewelry company Tiffany & Co for $15.8 billion. His wealth amounts to $179.5 billion.
4. Larry Ellison
Larry Ellison co-founded the software company Oracle in 1977 and served as its CEO until 2014. He currently holds the positions of Chairman and Chief Technology Officer. In 2012, Ellison made headlines when he acquired the Hawaiian island of Lanai for $300 million. Ellison has also ventured into investments in Salesforce.com, NetSuite, Quark Biotechnology Inc., and Astex Pharmaceuticals. His wealth amounts to $172.6 billion.
5. Mark Zuckerberg
Mark Zuckerberg, the co-founder and CEO of Meta Platforms, launched its leading social media platform Facebook in 2004 when he was just 19 years old. As a student of computer science and psychology at Harvard University, Facebook was created to match student names with their photos on campus. In 2006, Facebook was opened to everyone aged 13 and above with a valid email address. His wealth reaches $166.6 billion.
6. Larry Page
Larry Page, along with fellow Stanford PhD student Sergey Brin, co-founded Google in 1998. Initially, Page served as CEO until 2001 and then resumed the role from 2011 to 2015. His wealth is estimated at $142.2 billion.
7. Warren Buffett
Warren Buffett, widely known as the "Oracle of Omaha," is one of the most accomplished investors in history. He is the Chairman of Berkshire Hathaway, a conglomerate with a diverse portfolio that includes companies such as Geico, Duracell, Apple, Nu Holdings, and the restaurant chain Dairy Queen. His wealth amounts to $138.2 billion.
8. Sergey Brin
Sergey Brin, along with his Stanford PhD colleague Larry Page, played a pivotal role in creating the Google search engine in 1998. Originally from Russia, Brin initially served as Google's President of Technology and later oversaw special projects, including the development of Google Glass, a voice-activated "smart glasses" device. Brin currently serves as a board member of Alphabet, Google's parent company, while retaining a significant controlling stake in the company. His wealth amounts to $136.1 billion.
9. Bill Gates
In 1987, Forbes magazine first recognized Bill Gates as a billionaire. From 1995 to 2017, he held the title of the world's richest person, with brief exceptions in 2008 and from 2010 to 2013. In 2021, Gates and Melinda French Gates finalized their divorce, with Melinda receiving at least $6 billion in stock as part of the settlement. After leading Microsoft for 25 years, Gates turned his focus to philanthropic endeavors. The Bill & Melinda Gates Foundation began its work in India in 2003, and through its HIV prevention initiative "Avahan," it is estimated to have successfully averted six million new infections. His wealth amounts to $130.9 billion.
10.  Steve Ballmer
Steve Ballmer, Bill Gates' Harvard University classmate, served as Microsoft's CEO from 2000 to 2014. He began his journey with Microsoft in 1980 when he joined the company as its 30th employee, having left the Stanford MBA program. His wealth amounts to $124 billion.

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