Gates became the first American to take the top spot of the world’s billionaires in 1995 with a net worth of $12.5 billion, and he remained there during the dot-com bubble’s height in 1999 when his fortune peaked at $90 billion. After the dot-com bubble started to collapse in 2000, his wealth dropped to $60 billion, although he remained at the top of the list. The world’s billionaires—only 2,640 individuals—represent almost $12 trln in wealth.
He is the founder and chairman of several companies, including BEN, Cascade Investment, bgC3, and TerraPower. 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. 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 of the website.
Forbes puts the number of billionaires in the world at 2,640 in 2023. The wealthiest among them is Elon Musk; CEO of Tesla and SpaceX, and owner of X (formerly Twitter). The only member of the top 10 under the age of 40, 37-year-old Zuckerberg’s wealth increased by $24 billion this year. Zuckerberg owns a 13% stake in Meta — the parent company of Facebook and Instagram of which he is CEO — which has grown in value by more than 20% this year.
Forbes’ Real-Time Billionaires rankings tracks the daily ups and downs of the world’s richest people. The wealth-tracking platform provides ongoing updates on the net worth top 100 richest people in the world and ranking of each individual confirmed by Forbes to be a billionaire. Investment activities include publicly traded securities, private equity activities, and real estate.
- An engineer by training, Arnault first showed his business acumen while working for his father’s construction firm, Ferret-Savinel, taking charge of the company in 1971.
- 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.
- In the late 1990s, Llama Co. closed, and in 1998, Walton moved to a ranch in Millsap, Texas, named Walton’s Rocking W Ranch.
- He first bought shares in a textile company called Berkshire Hathaway in 1962, becoming the majority shareholder by 1965.
- After graduation, he enrolled in Stanford University to acquire a PhD in computer science.
An engineer by training, Arnault first showed his business acumen while working for his father’s construction firm, Ferret-Savinel, taking charge of the company in 1971. He converted Ferret-Savinel to a real estate company named Férinel Inc. in 1979. Most of Arnault’s wealth comes from his massive stake in Christian Dior SE, the holding company that controls 41.4% of LVMH. His shares in Christian Dior SE, plus an additional 6.2% in LVMH, are held through his family-owned holding company, Groupe Familial Arnault. The source defines wealth as a snapshot of a person’s total wealth using stock prices. Despite giving away tens of billions of dollars over the past few decades, Gates’ wealth continues to grow, thanks in part to the strong performance of shares of Microsoft, the company he co-founded and still owns about 1% of.
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The United States still boasts the most billionaires, with 735 list members worth a collective $4.5 trillion. China (including Hong Kong and Macau) remains second, with 562 billionaires worth $2 trillion, followed by India, with 169 billionaires worth $675 billion. To calculate net worths, we used stock prices and exchange rates from March 10, 2023. See below for the full list of the world’s billionaires and our methodology.
Still, Forbes found more than 1,000 billionaires who are richer than they were a year ago. And 236 newcomers have become billionaires over the past year—including the first ever from Barbados, Bulgaria, Estonia and Uruguay. Under Huang, Nvidia became a dominant force in computer gaming chips and has expanded to design chips for data centers and autonomous cars.
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Like many tech execs, Page has peeled off a portion of his wealth and put it into futuristic startups. In 2019, Brin retired as president https://1investing.in/ of Alphabet, but he remains a board member and employee. He now spends most of his time minding his Los Angeles basketball team.
Larry Page (U.S.)
Julia Margaret Flesher Koch is an American socialite and philanthropist who is one of the richest women in the world. She inherited her fortune from her husband, David Koch, who died in 2019. David Kenneth Roy Thomson, 3rd Baron Thomson of Fleet is a Canadian/British hereditary peer and media magnate. Upon the death of his father in 2006, Thomson became the chairman of Thomson Corporation and also inherited his father’s British title, Baron Thomson of Fleet. After the acquisition of Reuters in 2008, Thomson became the chairman of the merged entity, Thomson Reuters.
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Google is the world’s dominant Internet search engine, accounting for more than 92% of global search requests. In 2006, the company purchased YouTube, the top platform for user-submitted videos. Gates shifted from the company’s CEO to the role of board chair in 2008. In 2004, Musk became a major funder of Tesla Motors (now Tesla), which led to his current position as CEO of the electric vehicle company.
The firm employs 80 people and has offices in New York, Santa Monica and London. On March 4, 2004, Dell stepped down as CEO, but stayed as chairman of Dell Inc.’s board, while Kevin Rollins, then president and COO, became president and CEO. On January 31, 2007, Dell returned as CEO at the request of the board, succeeding Rollins. 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 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.
Established in 2009, the company was acquired by blockchain firm ConsenSys in 2018 amid funding problems. He has also shown an interest in flying car companies, investing in both Kitty Hawk and Opener, although Kitty Hawk ceased operations in 2022. The CEO of Berkshire Hathaway earlier this year revealed that he is “halfway” toward his stated goal of giving away the vast majority of his fortune, but the performance of his company’s stock isn’t helping.
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He is a co-founder of Microsoft, along with his late childhood friend Paul Allen. During his career at Microsoft, Gates held the positions of chairman, chief executive officer (CEO), president and chief software architect, while also being the largest individual shareholder until May 2014. At the time Oxfam pulled Forbes figures for its inequality report, Warren Buffett was the world’s fifth richest person with a net worth of $119.2 billion. While his personal fortune has stayed relatively stable since ($126.3 billion as of Wednesday), Meta CEO Mark Zuckerberg has surpassed him in Forbes’ rankings with a current net worth of $137.7 billion. Ellison co-founded Oracle Corporation, a software and database management giant, in 1977 and served as CEO until 2014.