In the realm of global wealth, a select few individuals stand atop the pyramid, commanding staggering fortunes that shape industries and economies worldwide. From tech innovators to industrial magnates and retail pioneers, these billionaires not only amass immense wealth but also wield significant influence over the future of technology, commerce, and global finance.
As of July 2024, Elon Musk stands as the world’s wealthiest individual with a net worth of $252.4 billion. He serves as CEO of Tesla, renowned for electric vehicles, and SpaceX, a leader in space exploration. Musk’s wealth, primarily tied to Tesla, where he holds a 23 percent stake, surged notably after Tesla’s IPO in 2010. His acquisition of Twitter for $44 billion in October 2022 further underscored his influence and financial stature.
According to the recent data, Elon Musk of United States with a net worth of $252.4 billion, stands as the richest man in the world, followed by Jeff Bezos, Bernard Arnault & Family and Mark Zuckerberg.
Top-10 Richest Men in the World in July 2024
Rank Name Net Worth (in $ billions) Source of Wealth Country.
1. Richest Man in the World – Elon MuskNet worth: $252.4 billions
Source of wealth: Tesla, SpaceX
Age: 53 years
Country: United States
Elon Musk has ascended to become the wealthiest person globally. He leads as CEO of Tesla, specializing in electric vehicles, and SpaceX, known for pioneering space exploration. Musk holds a substantial 23 percent stake in Tesla, anchoring much of his wealth, with about two-thirds linked to Tesla’s success. His purchase of Twitter for $44 billion in October 2022 further highlighted his strategic investments and bold financial moves.
According to the recent data, Elon Musk of United States with a net worth of $252.4 billion, stands as the richest man in the world, followed by Jeff Bezos, Bernard Arnault & Family and Mark Zuckerberg.
Top-10 Richest Men in the World in July 2024
Rank Name Net Worth (in $ billions) Source of Wealth Country.
1. Elon Musk $252.4 Tesla, SpaceX United States
2. Jeff Bezos $215.9 Amazon United States
3. Bernard Arnault & Family $191.1 LVMH France
4. Mark Zuckerberg $185.4 Facebook United States
5. Larry Ellison $179.6 Oracle United States
6. Larry Page $155.7 Google United States
7. Sergey Brin $149 Google United States
8. Bill Gates $135.3 Microsoft United States
9. Steve Ballmer $135.3 Microsoft United States
10. Warren Buffet $128.9 Berkshire Hathaway United States
2. Jeff Bezos $215.9 Amazon United States
3. Bernard Arnault & Family $191.1 LVMH France
4. Mark Zuckerberg $185.4 Facebook United States
5. Larry Ellison $179.6 Oracle United States
6. Larry Page $155.7 Google United States
7. Sergey Brin $149 Google United States
8. Bill Gates $135.3 Microsoft United States
9. Steve Ballmer $135.3 Microsoft United States
10. Warren Buffet $128.9 Berkshire Hathaway United States
Here’s a glimpse into the lives and achievements of the top richest men in the world.
1. Richest Man in the World – Elon MuskNet worth: $252.4 billions
Source of wealth: Tesla, SpaceX
Age: 53 years
Country: United States
Elon Musk has ascended to become the wealthiest person globally. He leads as CEO of Tesla, specializing in electric vehicles, and SpaceX, known for pioneering space exploration. Musk holds a substantial 23 percent stake in Tesla, anchoring much of his wealth, with about two-thirds linked to Tesla’s success. His purchase of Twitter for $44 billion in October 2022 further highlighted his strategic investments and bold financial moves.
2. Second Wealthiest Man in the World – Jeff BezosNet worth: $215.9 billions
Source of wealth: Amazon
Age: 60 years
Country: United States
Jeffrey Preston Bezos, an American entrepreneur and investor, is the founder and executive chairman of Amazon, the largest e-commerce and cloud computing company globally. As of July 11, 2024, Forbes estimates his net worth at $215 billion, making him the second wealthiest person worldwide. Bezos previously held the title of the world’s wealthiest individual from 2017 to 2021, according to both the Bloomberg Billionaires Index and Forbes.
3. World’s Third Richest Person – Bernard Arnault & FamilyNet worth: $191.1 billions
Source of wealth: LVMH
Age: 75 years
Country: France
Bernard Jean Étienne Arnault, a French businessman and art collector, is the founder, chairman, and CEO of LVMH, the leading luxury goods conglomerate globally. As of July 2024, Forbes estimates his net worth at approximately $191 billion, ranking him as the third wealthiest person worldwide. Arnault’s influence spans the realms of fashion, cosmetics, and beverages, solidifying his position as a key figure in the luxury industry.
Source of wealth: Amazon
Age: 60 years
Country: United States
Jeffrey Preston Bezos, an American entrepreneur and investor, is the founder and executive chairman of Amazon, the largest e-commerce and cloud computing company globally. As of July 11, 2024, Forbes estimates his net worth at $215 billion, making him the second wealthiest person worldwide. Bezos previously held the title of the world’s wealthiest individual from 2017 to 2021, according to both the Bloomberg Billionaires Index and Forbes.
3. World’s Third Richest Person – Bernard Arnault & FamilyNet worth: $191.1 billions
Source of wealth: LVMH
Age: 75 years
Country: France
Bernard Jean Étienne Arnault, a French businessman and art collector, is the founder, chairman, and CEO of LVMH, the leading luxury goods conglomerate globally. As of July 2024, Forbes estimates his net worth at approximately $191 billion, ranking him as the third wealthiest person worldwide. Arnault’s influence spans the realms of fashion, cosmetics, and beverages, solidifying his position as a key figure in the luxury industry.
4. World’s Fourth Richest Man – Mark ZuckerbergNet worth: $185.4 billions
Source of wealth: Facebook
Age: 40 years
Country: United States
Mark Zuckerberg is an American businessman known as the co-founder of Facebook and its parent company Meta Platforms (formerly Facebook, Inc.). As the chairman, CEO, and controlling shareholder, Zuckerberg transformed Facebook, launched in February 2004 during his time at Harvard University, into a global social media giant. Today, he ranks as the world’s fourth richest man, embodying significant influence in the tech industry and beyond.
Source of wealth: Facebook
Age: 40 years
Country: United States
Mark Zuckerberg is an American businessman known as the co-founder of Facebook and its parent company Meta Platforms (formerly Facebook, Inc.). As the chairman, CEO, and controlling shareholder, Zuckerberg transformed Facebook, launched in February 2004 during his time at Harvard University, into a global social media giant. Today, he ranks as the world’s fourth richest man, embodying significant influence in the tech industry and beyond.
5. Fifth Richest Man of the World – Larry EllisonNet worth: $179.6 billions
Source of wealth: Oracle
Age: 79 years
Country: United States
Lawrence Joseph Ellison, an American businessman and entrepreneur, co-founded Oracle Corporation, a major software company. Serving as Oracle’s CEO from 1977 to 2014 and currently its chief technology officer and executive chairman, Ellison has been instrumental in shaping the tech industry. His leadership and innovations have propelled Oracle to prominence, contributing to his status as the world’s fifth richest man, with substantial influence in both technology and business sectors globally.
Source of wealth: Oracle
Age: 79 years
Country: United States
Lawrence Joseph Ellison, an American businessman and entrepreneur, co-founded Oracle Corporation, a major software company. Serving as Oracle’s CEO from 1977 to 2014 and currently its chief technology officer and executive chairman, Ellison has been instrumental in shaping the tech industry. His leadership and innovations have propelled Oracle to prominence, contributing to his status as the world’s fifth richest man, with substantial influence in both technology and business sectors globally.
Via: Akansha Arora
Adda247 Current Affairs
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