Richest People in The World 2023
LIFESTYLE

Richest People in The World 2023

Richest People in The World 2023

The Real-Time Billionaires List, commonly known as the World’s Billionaires List, is an annual assessment that determines the wealthiest individuals globally, estimating their net worth. Forbes Magazine compiles and releases this list every March, with the inaugural edition introduced in 1987.

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The net worth of each individual is computed by assessing the value of their reported assets while considering debts and other pertinent factors. The rankings present the net worth of each person in US dollars. It is crucial to highlight that these lists do not include royalties and political leaders whose wealth is predominantly associated with their official positions.

Here is the List of Richest People in The World in 2023

S. No.NameNet Worth (in Billions)Country
1.Elon Musk$253.2United States
2.Bernard Arnault & family$173France
3.Jeff Bezos$152.6United States
4.Larry Ellison$137.6United States
5.Bill Gates$115.4United States
6.Warren Buffet$115.1United States
7.Mark Zuckerberg$111.6United States
8.Larry Page$110.7United States
9.Sergey Brin$109.3United States
10.Steve Ballmer$99.9United States
1: Elon Musk

As of November 28, 2023, Elon Musk holds the title of the world’s wealthiest individual, with a net worth of $253.2 billion. At 51 years old, Musk is the co-founder of groundbreaking companies such as SpaceX (a rocket producer), Tesla (an electric car maker), and the Boring Company (a tunneling startup). His significant wealth is closely linked to the success of Tesla. Notably, in October 2022, Musk acquired Twitter for $44 billion.

2. Bernard Arnault & family

As of November 28, 2023, Bernard Arnault, aged 74, claims the title of the world’s second-wealthiest individual, boasting a net worth of $173.0 billion. Renowned as the CEO of the world’s largest luxury goods company, Moet Hennessy Louis Vuitton (LVMH), Arnault oversees approximately 70 prestigious fashion and cosmetics brands. In a monumental move in January 2021, LVMH finalized the acquisition of jeweler Tiffany & Co. for an astounding $15.8 billion.

Arnault’s expansive empire extends to the involvement of his five children, each contributing to various sectors within LVMH. Notably, in January 2023, he appointed his daughter Delphine to lead Dior, the group’s second-largest brand.

3. Jeff Bezos

As of November 28, 2023, Jeff Bezos, aged 59, stands as one of the world’s wealthiest individuals with a net worth of $152.6 billion. The source of his wealth is primarily attributed to his founding and leadership of the e-commerce giant Amazon. In a significant move in July 2021, Bezos chose to step down from his role as CEO of Amazon, retaining his position as chairman.

Beyond his association with Amazon, Bezos is involved in ventures such as The Washington Post, an aerospace company, and Blue Origin, which focuses on the design and launch of rockets. In a noteworthy event in July 2021, Bezos personally embarked on a spaceflight through Blue Origin.

4. Larry Ellison

At 78 years old, Larry Ellison commands the 4th position on the real-time billionaire’s list, boasting a net worth of $137.6 billion. His wealth is primarily derived from his association with the software giant Oracle, of which he is the chief technology officer, chairman, and co-founder, holding a substantial 35% ownership. While Ellison relinquished the CEO position at Oracle in 2014, his influence in the company remains significant.

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Choosing a tranquil retreat, Ellison permanently resides on the Hawaiian Island Lanai, a property he acquired for $300 million. In a strategic move, he diversified his investments by purchasing 3 million Tesla shares and securing a position on its board in December 2018.

5. Bill Gates

At 67 years old, Bill Gates holds the fifth position on the real-time billionaire’s list with a substantial net worth of $115.4 billion. His wealth is primarily derived from Microsoft, the software company he co-founded with Paul Allen in 1975. Notably, as of March 2020, Gates owns only 1% of Microsoft shares.

Beyond his association with Microsoft, Gates diversified his investments, particularly in zero-carbon energy. He is recognized as the largest owner of farmland in the United States and has investments in various companies, including the Canadian National Railway and AutoNation. In the 2022 real-time billionaire’s list, Gates occupied the fourth rank.

6. Warren Buffet

At 92 years old, Warren Buffett, renowned as the “Oracle of Omaha,” boasts a net worth of $115.1 billion. As a titan in the investment world, Buffett serves as the guiding force behind Berkshire Hathaway, a formidable investment conglomerate. His stewardship extends over a diverse portfolio, encompassing companies like the insurance provider Geico, battery manufacturer Duracell, and the restaurant chain Dairy Queen. Based in Omaha, Nebraska, Buffett’s citizenship is rooted in the United States, marking a legacy of unparalleled accomplishment in the realm of finance and investment.

7. Mark Zuckerberg

At 39 years of age, Mark Zuckerberg commands a net worth of $111.6 billion. As an American billionaire business magnate, computer programmer, internet entrepreneur, and philanthropist, Zuckerberg played a pivotal role in co-founding the social media website Facebook and its parent company, Meta Platforms. Holding key leadership roles, he serves as the executive chairman, CEO, and controlling shareholder, shaping the technological landscape from his residence in Palo Alto, California. Zuckerberg’s citizenship is rooted in the United States, reflecting his enduring impact on the digital realm.

8. Larry Page

At 50 years of age, Lawrence Edward Page commands a net worth of $110.7 billion. As an American billionaire business magnate, he played a pivotal role in co-founding Google alongside Sergey Brin. Notably, Page is the co-creator and namesake of PageRank, a groundbreaking search ranking algorithm for Google. In recognition of his contributions, he received the Marconi Prize in 2004, jointly with co-writer Brin. Currently residing in Palo Alto, California, Page’s citizenship is rooted in the United States, marking a significant influence on the technology landscape.

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9. Sergey Brin

At 50 years of age, Sergey Brin boasts a net worth of $109.3 billion. A pivotal figure in the technology realm, Brin co-founded Google alongside Larry Page. He held the position of president at Google’s parent company, Alphabet Inc., until his resignation from the role in December 2019. Currently residing in Los Altos, California, Brin’s citizenship is rooted in the United States, underscoring his enduring impact on the evolution of digital innovation.

10. Steve Ballmer

At 67 years of age, Steve Ballmer commands a net worth of $99.9 billion. Distinguished as an American businessman and investor, Ballmer held the position of chief executive officer at Microsoft from 2000 to 2014. Beyond his tech leadership, he is the proud owner of the Los Angeles Clippers in the National Basketball Association. Currently residing in Hunts Point, Washington, Ballmer’s citizenship is rooted in the United States, reflecting a multifaceted career in both the technology and sports sectors.

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