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His conglomerate, Reliance Industries is the largest company by market cap in India. Third on the list is Jeff Bezos, followed by Oracle founder Larry Ellison. Oracle, a multi-billion dollar cloud provider, is partnering with Nvidia in its artificial intelligence (AI) supercomputing platform designed for enterprises across multiple industries. Fast-forward to today, and the company is seeing record profits despite challenging market conditions. Ellison made his own fortune, but thanks to substantial investments he made in Tesla before its meteoric rise, he generated a net gain of more than 1,000% on his capital.
- While following in his father’s footsteps in academics, he became an honors graduate from the University of Michigan, where he earned a bachelor of science degree in engineering, with a concentration on computer engineering.
- From 2010 to 2013, Slim was ranked as the richest person in the world by the Forbes business magazine.
- But—according to his spokesman—he devoted US$4 billion, or roughly 5%, to his Carlos Slim foundation as of 2011.
- Brin immigrated to the United States with his family from the Soviet Union at the age of six.
- Arnault is the recipient of many awards like The Museum of Modern Art’s David Rockefeller Award, Honorary Knight Commander of the Most Excellent Order of the British Empire, Commandeur de la Légion d’Honneur and others.
- You should always keep in mind that if your perspective is positive and your vision is broad, You will achieve your desired position if you improve yourself.
- As the co-founder and CEO of Tesla, Elon leads all product design, engineering and global manufacturing of the company’s electric vehicles, battery products and solar energy products.
Bernard Jean Étienne Arnault is a French business magnate, investor, and art collector. He is the co-founder, chairman, and chief executive officer of LVMH Moët Hennessy – Louis Vuitton https://www.bookstime.com/ SE, the world’s largest luxury goods company. Louis Vuitton is a very successful luxury fashion brand, and Moet Hennessey is the merged champagne and cognac manufacturers.
Warren Buffett (U.S.)
The only Indian to make this list, Mukesh Ambani is the largest shareholder of Reliance Industries, which has a foothold in all sorts of industries from petrol and natural gas to television and entertainment. He is also famous, of infamous, for building the most expensive house in the world worth $1 billion. Steve Ballmer was the CEO of Microsoft for 14 years, where he amassed his incredible net worth and currently owns the Los Angeles Clippers.
He was named chairman of the board of directors on April 7, 1992, two days after his father’s death. Along with his siblings, he has pledged about $2 billion to the Walton Family Foundation from 2008 to 2013. In 1972, he joined Walmart and was involved in its real-estate dealings.
Michael Bloomberg (U.S.)
Bernard Arnault is a French business tycoon and investor who confounded the world’s largest luxury goods company LVMH Moët Hennessy Louis Vuitton. He is also the chairman and chief executive of LVHM and owes his immense wealth to the company itself. Bernard has a passion for art and holds an immense collection of antiques and other work of art.
Slim has been publicly skeptical of The Giving Pledge by Bill Gates and Warren Buffett giving away at least half of their fortunes. But—according to his spokesman—he devoted US$4 billion, or roughly 5%, to his Carlos Slim foundation as of 2011. Ballmer is credited for continuing to grow Microsoft’s enterprise strategy, steadily growing the company’s bottom line, overseeing the launch of the original Xbox and investing in the cloud. Bezos owns The Washington Post and Blue Origin, an aerospace company developing rockets; he briefly flew to space in one in July 2021. The Boring Company built a 1.15 mile R&D tunnel in Hawthorne, and is currently constructing Vegas Loop, a public transportation system at the Las Vegas Convention Center.
Forbes Billionaires 2023: The Top 10 Richest People In The World
Zuckerberg’s prominence in the technology industry has prompted political and legal attention. The founding of Facebook involved Zuckerberg in multiple lawsuits regarding the creation and ownership 5 richest people in the world of the website. Buffett has been the chairman and largest shareholder of Berkshire Hathaway since 1970. He has been referred to as the “Oracle” or “Sage” of Omaha by global media.
Our analysis of the top five richest men in the world reveals their upbringing and road to success did not endow them with Kardashian-like access or money. According to a plan devised decades ago by Thomson Corporation founder Roy Thomson, when Kenneth Thomson died (in June 2006), control of the family fortune passed on to David. In the late 1990s, Llama Co. closed, and in 1998, Walton moved to a ranch in Millsap, Texas, named Walton’s Rocking W Ranch. An avid horse-lover, she was known for having an eye for determining which 2-month-olds would grow to be champion cutters.
Wealth gap
Cascade is a privately-held investment vehicle that owns a variety of stocks including Canadian National Railway (CNR), Deere (DE), and Republic Services (RSG), as well as private investments in real estate and energy. Carlos Slim Helu & family has been included in the list of top 10 richest people in the world with their net worth estimated $94.1 Billion as of 5th April 2023. Elon Musk is the founder, CEO and Chief Engineer at SpaceX; an American spacecraft manufacturing and space launch providing company which he founded in 2002. With a net worth of approximately $192.8 billion, Musk stands as one of the richest person in the world in 2023. There are over 2500 individuals in the world holding the title of billionaire and are undoubtedly among the wealthiest people on the planet. But among these richest, there are certain who are collectively worth over a trillion.
- In recent years he has devoted more time to the Bill & Melinda Gates Foundation, created in 1997 to address the biggest health and education issues of our time.
- The Forbes Billionaires Index is a ranking of the world’s richest people as 31 July 2023.
- In April 2023, the conglomerate was worth US$500 billion, the first time a European company has reached such a lucrative sum.
- The economy has been left devastated and many businesses have folded, causing further layoffs as well.
- He continues to share responsibility for Google’s day-to-day operations with Eric Schmidt and Sergey Brin.
- Sergey Brin was born in Moscow, Russia, moving to the U.S. with his family when he was six in 1979.
- Gates maintains only 1% of the company’s equity while reinvesting the rest of his money in other equities and other assets.
Mexican business magnate, investor, and philanthropist Carlos Slim Helu is at No. 8 in the Forbes Billionaires 2023 Ranking with an estimated net worth of $93 billion. The list of the world’s wealthiest people can vary daily, depending on their latest net worth and financial performance. Steve Ballmer ranked 6th with a personal wealth of $119 billion, followed by Warren Buffett with $116 billion. Elon Musk, the second-wealthiest person in the world has a net worth of $196 billion. In June, he stepped down as CEO of Twitter as Linda Yaccarino, a former marketing executive at NBCUniversal took over. The world’s richest person is France’s Bernard Arnault, the chief executive of LVMH.
Get to know the top 10 richest people in the world
Gates maintains only 1% of the company’s equity while reinvesting the rest of his money in other equities and other assets. He is the founder and chairperson of the Nongfu Spring beverage company, and the majority owner of Beijing Wantai Biological Pharmacy Enterprise. As of 2022, he is the wealthiest Chinese citizen with a net worth of $62.3 billion. Billionaire, businessman and the chairman and chief executive of LVMH (LVMUY), Bernard Arnault holds the crown as the richest person in the world.
