The 20 most richest people in the world in 2024 | Business Insider India (2024)

Elon Musk and Mukesh Ambani in the list of 20 most richest people in the world

The list of the world's richest individuals has undergone significant changes over the past few years due to the pandemic, geopolitical events, and economic slowdown. Here is the latest ranking of the

according to the Forbes Billionaires list, as of June 11, 2024.

List of 20 most wealthiest people in the World

1. Elon Musk

Net worth: $208 billion
Country: United States
Age: 52
Elon Musk, the world's richest person, is the CEO of Tesla and SpaceX. A visionary entrepreneur, Musk is reshaping both terrestrial and extraterrestrial transportation. He leads Tesla, an electric car manufacturer with a staggering valuation of nearly $470 billion. Additionally, his aerospace company, SpaceX, boasts a valuation close to $180 billion. Elon Musk's net worth currently stands at $208 billion. In October 2022, Musk made headlines by buying Twitter for $44 billion.

2. Bernard Arnault & family

Net worth: $202 billion
Country: France
Age: 74
Bernard Arnault, the world's second richest person, is the CEO and chairman of LVMH, the largest luxury goods company. LVMH owns about 70 famous brands, including Louis Vuitton, Christian Dior, Moet & Chandon, and Sephora. In January 2021, LVMH acquired Tiffany & Co. for $15.8 billion.

3. Jeff Bezos

Net worth: $197 billion
Country: United States
Age: 60
Despite a high-profile divorce from his wife MacKenzie in 2019, Amazon founder and CEO Jeff Bezos maintains his status as one of the world's wealthiest individuals. His net worth of $197 billion positions him as the third richest person globally. Amazon's remarkable success during the COVID-19 pandemic contributed significantly to his wealth.

4. Mark Zuckerberg

Net worth: $167 billion
Country: United States
Age: 39
Mark Zuckerberg, co-founder, CEO, and chairman of Meta platforms, is a driving force behind the world's leading social network. With a net worth of $167 billion, he has held approximately 13% of Facebook's shares since the company went public in 2012. Zuckerberg is the youngest centi-billionaire, and the rapid growth of Instagram Reels has contributed to his wealth.

5. Larry Ellison

Net worth: $149 billion
Country: United States
Age: 79
Larry Ellison, the co-founder of Oracle, has a net worth of $149 billion. While he stepped down as CEO in 2014, he continues to serve as the chairman of the board and chief technology advisor. Additionally, Ellison has a notable stake in Tesla and owns most of Lanai, a Hawaiian island.

6. Larry Page

Net worth: $143 billion
Country: United States
Age: 51
Larry Page, co-founder of Google, ranks sixth on the list with a net worth of $143 billion. He has also invested in space exploration company Planetary Resources and supports startups in the "Flying Car" industry through companies like Kitty Hawk and Opener.

7. Sergey Brin

Net worth: $137 billion
Country: United States
Age: 50
Sergey Brin, originally from Russia, co-founded the Google search engine in 1998 with his Stanford PhD colleague, Larry Page. Initially, Brin was Google's technology president before moving on to lead special projects like Google Glass, the voice-activated smart glasses. Today, he is a board member of Alphabet, Google's parent company, and holds a significant controlling stake in the company.

8. Warren Buffett

Net worth: $134 billion
Country: United States
Age: 93
Warren Buffett, renowned as the "Oracle of Omaha," is celebrated for his exceptional investment acumen. He helms Berkshire Hathaway, which boasts a diverse portfolio of over 60 companies, including Geico Insurance and Duracell. His net worth stands at $134 billion, and he began his investing journey at just 11 years old.

9. Bill Gates

Net worth: $129 billion
Country: United States
Age: 68
Co-founder of the Bill & Melinda Gates Foundation, Bill Gates possesses a net worth of $129 billion. Gates transitioned away from Microsoft over the years, retaining only a 1% stake while diversifying his investments. His foundation remains the largest private charitable organization globally.

10. Steve Ballmer

Net worth: $123 billion
Country: United States
Age: 67
Former Microsoft CEO Steve Ballmer owns the Los Angeles Clippers and boasts a net worth of $123 billion. Ballmer's journey at Microsoft began in 1980, and he assumed the role of CEO in 2000, succeeding Bill Gates.

11. Mukesh Ambani

Net worth: $114 billion
Country: India
Age: 66
Ambani has been one of the richest men in Asia, for over a decade now. He is the owner and chairperson of Reliance Industries, which owns the world’s largest oil refining complex. He also owns the Mumbai Indians professional cricket team.

12. Amancio Ortega

Net Worth: $112 billion
Country: Spain
Age: 88
The Spanish billionaire is the founder and former chairman of Inditex, the world’s largest clothing retailer. The company is best known for its chain of Zara and Bershka clothing and accessories shops. Ortega has a net worth of $74.3 billion.

13. Jensen Huang

Net worth: $106 billion
Country: United States
Age: 61
Jensen Huang co-founded Nvidia, a graphics-chip maker, in 1993 and has been its CEO and president since then.

14. Michael Bloomberg

Net worth: $106 billion
Country: United States
Age: 82
Michael Bloomberg co-founded Bloomberg LP, a financial information and media company, in 1981. He served as New York City's mayor from 2002 to 2013 and is a prominent philanthropist.

15. Michael Dell

Net worth: $99 billion
Country: United States
Age: 59
Michael Dell is the chairman and CEO of Dell Technologies, established in 2016 through Dell's $60 billion merger with computer storage giant EMC.

16. Francoise Bettencourt Meyers

Net worth: $99 billion
Country: France
Age: 70
Counted among the richest women on the earth, L’Oreal founder’s granddaughter Francoise Bettencourt Meyers owns 33% stake in the company, which is the world’s largest cosmetics maker.

17. Carlos Slim Helu & family

Net worth: $93 billion
Country: Mexico
Age: 84
Carlos Slim controls America Movil, the biggest mobile telecom firm in Latin America. His net worth is $84.6 billion and he also owns stakes in New York Times and commercial banks. Through his family’s investment vehicle, he is also invested in the Mexican construction industry.

18. Gautam Adani

Net worth: $87 billion
Country: India
Age: 61
Gautam Adani is the chairman of the Adani Group, a $32 billion revenue conglomerate with interests in ports, airports, power generation and transmission, and green energy, among other sectors.

19. Jim Walton & family

Net worth: $84 billion
Country: United States
Age: 76
Jim Walton, the youngest son of Walmart founder Sam Walton, is a board member of Walmart and CEO of Arvest Bank. His net worth places him among the world's wealthiest individuals.

20. Rob Walton & family

Net worth: $83 billion
Country: United States
Age: 79
Rob Walton, the eldest son of Walmart founder Sam Walton, served as Walmart's chairman from 1992 to 2015. His significant wealth ranks him 20th among the richest individuals globally.