The latest compilation of the richest people has been released by Forbes’ and the calculation was carried out using net worths based on stock prices and exchange rates from April 1, 2024. Nigeria’s Aliko Dangote failed to make the first 100 names as he ranked in 144th Position with an estimated net worth of $13.4 billion.
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According to the 38th edition of Forbes billionaires list, the billionaires have a combined worth of $14.2 trillion and their number has increased by 141 from last year’s figures to hit an all-round high of 2,781.
Here are seven of the world’s richest people and their net worth;
1. Bernard Arnault
Bernard Arnault came in first place with an estimated fortune of $226.2 billion. Arnault currently oversees the LVMH empire of 75 fashion and cosmetics brands, including Louis Vuitton and Sephora, and has become the first Frenchman to top the world ranking after having moved up from third place in 2022.
2. Elon Musk
Elon Musk comes in second place with an estimated net worth of $195 Billion. Musk co-founded six companies, including electric car maker Tesla, rocket producer SpaceX, and tunneling startup Boring Company.
3. Jeff Bezos
The owner and co-founder of Amazon, Jeff Bezos comes in third position with a net worth of $194 billion. Bezos founded Amazon in 1994 out of his Seattle garage. He also owns The Washington Post and Blue Origin, an aerospace company developing rockets.
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4. Mark Zuckerberg
Zuckerberg started the social media platform in 2004 for students to match names with photos of classmates. In 2012, Facebook, with over 2.9 billion monthly active users went public making Zuckerberg owns 13% of the company’s stock.
5. Larry Ellison
Ellison is placed fifth with an estimated net worth of $141billion. He currently owns about 40% of the software giant, Oracle, and is the chairman, chief technology officer, and co-founder of the company.
6. Warren Buffett
Known as the “Oracle of Omaha,” Warren Buffett is one of the most successful investors of all time with a total net worth of $133 billion.
7. Bill Gates
Bill Gates’s $121 billion net worth places him in seventh position in the World’s billionaires list.
He dropped out of Harvard to co-found Microsoft with Paul Allen in 1975, He has since diversified his fortune from software firm Microsoft into dozens of holdings, including waste disposal firm Republic Services and tractor maker Deere & Co.
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