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Top 10 Richest People In The World

The combined net worth of the world’s top 10 richest individuals in June 2024 has reached nearly $1.59 trillion, an increase of about $50 billion from the previous month.
Forbes, which has tracked global billionaires since 1987, continues to monitor these dynamic changes through their real-time billionaire tracker.
French business mogul, Bernard Arnault, was the world’s wealthiest person from February until late May 2024.
However, in the latest June 1 release, Tesla and X, CEO, Elon Musk reclaimed the title of the world’s richest person, thanks to his new AI company, xAI, which raised $6 billion, boosting his fortune to over $210 billion.
Bernard Arnault, who held the top spot from February to May, saw his wealth drop to $201.6 billion due to a decline in LVMH shares.
Mark Zuckerberg gained $12.6 billion, reaching $163.8 billion.
Bill Gates remains the ninth richest at $129.4 billion.
Here is a list of the top 10 richest in the world in June 2024:
1. Elon Musk

Elon Musk
Net worth: $210.3 billion
Source: Tesla, SpaceX, X (Twitter)
Age: 52
Residence: Austin, Texas
Citizenship: U.S.
Elon Musk is the CEO of Tesla, SpaceX, and social media company X (formerly Twitter), and founder of xAI. He owns 13 per cent of Tesla and 74 per cent of X, which he bought for $44 billion in October 2022.
Born in South Africa, Musk moved to Canada at 17, and attended Queen’s University and then the University of Pennsylvania.
In 2000, he co-founded PayPal, which was sold to eBay for $1.4 billion in 2002. Musk founded SpaceX in 2002 and joined Tesla in 2004, becoming CEO in 2008.
He became the world’s richest person in 2021, with a peak fortune of $320 billion.
Musk regained the top spot in June 2023, briefly lost it in January 2024, but reclaimed it in May 2024 after xAI raised $6 billion.
2. Arnault-Bernard

Arnault-Bernard
Net worth: $201.6 billion
Source: LVMH/ luxury goods
Age: 75
Residence: Paris
Citizenship: France
Bernard Arnault, CEO and chairman of LVMH fell to the second richest spot in late May 2024, overtaken by Elon Musk.
Arnault built LVMH into the largest luxury goods company, with brands like Louis Vuitton, Christian Dior, and Tiffany & Co.
He used $15 million from his father’s construction fortune to buy Christian Dior. All five of his children work within LVMH, with Alexandre, Frédéric, Delphine, Antoine, and Jean holding significant positions.
Arnault was the world’s richest person for most of the first half of 2023 and again from February to late May 2024.
As of June 1, 2024, his fortune is $7.8 billion less than a month ago due to a dip in LVMH stock.
3. Jeff Bezos

Jeff Bezos
http://www.wealthx.com
Net worth: $194.7 billion
Source: Amazon
Age: 60
Residence: Miami, Florida
Citizenship: U.S.
Jeff Bezos founded Amazon in 1994 and served as CEO until July 2021; he remains chairman. In the same month, he went to space on a Blue Origin rocket, a company he founded and heavily funds. His fortune increased by $1.4 billion in May 2024 due to a rise in Amazon stock.
Before Amazon, Bezos worked at hedge fund D.E. Shaw in New York. Amazon started as an online bookseller and expanded into cloud storage and media production. Bezos was the world’s richest person from 2018 to 2021 but dropped to second in 2022.
In 2019, Bezos divorced MacKenzie Scott, who received 4 per cent of Amazon shares while he kept 12 per cent.
He now owns just under 10% of the company, having sold over $27 billion in stock since Amazon went public in 1997. Through Bezos Expeditions, he has invested in companies like Airbnb and Workday.
4. Mark Zuckerberg

Mark Zuckerberg
Meta CEO, Mark Zuckerberg
Zuckerberg
Net worth: $163.8 billion
Source: Meta (Facebook)
Age: 40
Residence: Palo Alto, California
Citizenship: U.S.
Mark Zuckerberg co-founded Facebook, now Meta Platforms, at Harvard in 2004.
Meta, the world’s largest social network, has over 3 billion monthly users and owns Instagram and WhatsApp.
Zuckerberg, Meta’s CEO, took the company public in 2012 and owns about 13 per cent of it. He and his wife, Priscilla Chan, pledged 99 per cent of their Meta stock to philanthropic efforts, aiming to develop tools to cure, manage, or prevent all diseases by the century’s end.
Zuckerberg reentered the top 10 richest in the summer of 2023 due to a rise in Meta’s stock. In May 2024, his fortune increased by $12.6 billion as Meta’s stock climbed 8.5 per cent.
5. Larry Ellison

Larry Ellison
Net worth: $146.2 billion
Source: Oracle
Age: 79
Residence: Woodside, California
Citizenship: U.S.
Larry Ellison co-founded Oracle in 1977 and served as CEO until 2014; he is now chairman and chief technology officer. Oracle has made significant acquisitions, including Sun Microsystems for $7.4 billion in 2010.
In 2012, Ellison bought 98% of the Hawaiian island of Lanai for $300 million. He also owns homes in California and Nevada and invested in Tesla, serving on its board from 2018 to August 2022.
In February 2024, Ellison was overtaken by Mark Zuckerberg and fell to the fifth richest. In May, his net worth increased by $3.4 billion.
6. Larry Page

Larry Ellison
Net worth: $142.9 billion
Larry Page
Google co-founder Larry Page
Source: Google
Age: 51
Residence: Palo Alto, California
Citizenship: U.S.
Page co-founded Google with Sergey Brin in 1998, serving as CEO from 1998 to 2001 and from 2011 to 2015.
He currently sits on Alphabet’s board and remains a major shareholder.
Additionally, he was an early investor in Planetary Resources, later acquired by ConsenSys.
Page’s wealth surged due to increased Alphabet shares, rising $7.5 billion in May 2024 following a $9 billion jump in April.
7. Warren Buffett

Warren Buffett
Net worth: $137 billion
Source: Berkshire Hathaway
Age: 93
Residence: Omaha, Nebraska
Citizenship: U.S.
Warren Buffett, known as the “Oracle of Omaha,” heads Berkshire Hathaway, which owns companies like Geico, Duracell, and Dairy Queen.
He began investing at 11, co-founded the Giving Pledge in 2010, and has pledged to donate 99% of his wealth.
His donations, primarily in Berkshire Hathaway stock, total over $51.5 billion, making him the most generous billionaire globally.
In May 2024, his wealth rose by $6 billion, driven by Berkshire Hathaway’s share price increase.
8. Sergey Brin

Sergey Brin
Net worth: $136.9 billion
Source: Google
Age: 50
Residence: Los Altos, California
Citizenship: U.S.
Brin, alongside Larry Page, co-founded Google while pursuing their Stanford computer science PhDs.
He currently sits on Alphabet’s board and holds a significant share. Brin’s wealth surged by $7 billion in May 2024.
Despite semi-retirement, he contributed to Google’s Gemini AI chatbot and was a key contributor to its release.
Brin is the leading individual donor for Parkinson’s disease research, contributing $1.25 billion to various initiatives, including Aligning Science Across Parkinson’s, a collaborative effort led by his team.
9. Bill Gates

Bill Gates
Net worth: $129.4 billion
Source: Microsoft, investments
Age: 68
Residence: Medina, Washington
Citizenship: U.S.
Gates, fascinated by computer programming in his teens, co-founded Microsoft with Paul Allen in 1975, pioneering software for personal computers. He served as CEO for 25 years and remained chairman until 2014.
Despite stepping off the board in 2020, he still advises Microsoft teams part-time. Gates has diverse investments in numerous companies, including Republic Services and Deere & Co., and owns significant farmland in the U.S.
Forbes first recognized Gates as a billionaire in 1987, and he held the title of the world’s richest person from 1995 to 2017, except for brief periods. He has donated over $59 billion to the Gates Foundation, losing the top spot to Jeff Bezos in 2018. Following his divorce from Melinda French Gates in 2021, she received an estimated $10 billion in assets.
In May 2024, Gates’ fortune increased by around $2.4 billion, maintaining his No. 9 rank, though it’s the lowest he’s ranked in decades as others surpass him.
10. Steve Ballmer

Steve Ballmer
Net worth: $123.2 billion
Source: Microsoft, Clippers, investments
Age: 68
Residence: Hunts Point, Washington
Citizenship: U.S.
Ballmer, a Harvard classmate of Bill Gates, joined Microsoft as its 30th employee in 1980 after leaving Stanford’s MBA program. He served as CEO from 2000 to 2014.
After leaving Microsoft, Ballmer bought the Los Angeles Clippers for $2 billion, setting an NBA record. Forbes now estimates the team’s value at $4.65 billion.
Ballmer’s wealth surged by approximately $6 billion last month due to a rise in Microsoft stock. He and his wife, Connie, rank among America’s top 25 philanthropists.
Who is the richest woman in the world?
The richest woman globally is Francoise Bettencourt Meyers from France.
With an estimated net worth of $99 billion as of June 1, 2024, she ranks as the 15th richest person worldwide.
Meyers inherited her wealth from her late mother, primarily through her ownership stake in cosmetics giant L’Oreal, founded by her grandfather.
Headline
Trump Orders Tougher Visa Screening Regime

The Donald Trump administration has reinstated a sweeping global visa policy that can make it harder for many foreign nationals—including Nigerians—to obtain U.S. visas, as Washington revives its controversial “public charge” rule targeting those deemed likely to depend on public benefits.
A newly issued State Department cable, obtained by Fox News Digital, directed American embassies and consulates worldwide to enforce the policy immediately. The directive, which officials say restores a Trump-era standard relaxed under President Joe Biden, instructs U.S. consular officers to deny visas to anyone considered likely to rely on government assistance in the United States of America.
Under the rule, visa applicants will be assessed on a wide range of personal factors—including their health, age, English proficiency, financial stability, and potential need for long-term medical care.
Consular officers are urged to take a holistic approach, considering everything from the applicant’s visa petition and financial affidavit to their medical report and any other information uncovered during background checks.
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“You must examine all aspects of the case,” the guidance reads, “including the petition, visa application, medical report, affidavit of support, and any information uncovered in the course of screening and vetting.”
Older applicants, particularly those nearing retirement age, are expected to face extra scrutiny. The cable notes that “long-term institutionalisation (e.g., at a nursing facility) can cost hundreds of thousands of dollars per year and should be considered,” suggesting that age and health will play major roles in visa decisions.
The revived rule follows an executive order signed by President Donald Trump titled “Ending Taxpayer Subsidisation of Open Borders”. The order, according to the State Department memo, aims to ensure “that no taxpayer-funded benefits go to unqualified aliens.”
The cable further stresses that the public charge determination rests solely on the judgment of each consular officer, who must conduct a “comprehensive and thorough vetting” before issuing any visa. “There is no ‘bright line’ test,” the cable adds. “You must consider all aspects of the case and determine whether the applicant’s circumstances… suggest that he is more likely than not to become a public charge at any time.”
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A State Department official told Fox News Digital, “For years, the American taxpayer was held hostage by the Biden administration’s disastrous open borders agenda… The Trump administration has brought an end to the era of mass immigration.”
The U.S. State Department controls visa issuance at embassies abroad, while the Department of Homeland Security manages who is ultimately admitted into the country or allowed to adjust status once inside the U.S. Though both agencies operate under the same immigration laws, the new guidance grants wide latitude to consular officers overseas to reject applicants on “public charge” grounds.
Before now, the Biden administration’s 2022 version of the rule had limited the benefits considered under the policy — counting only direct cash assistance and long-term institutional care, while excluding popular social support programmes such as food stamps (SNAP), Medicaid, housing vouchers, and the Women, Infants, and Children (WIC) programme.
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The Trump administration had expanded that definition in 2019 to include a broader range of public benefits, though several U.S. courts later blocked parts of the policy before it was scrapped by President Biden in 2021.
This week’s cable now marks a full return to that broader interpretation, instructing American consular officials to “conduct a comprehensive and thorough vetting” and to verify all supporting financial documents presented by applicants.
For many Nigerians seeking U.S. visas — from students and workers to elderly immigrants joining family abroad — the revived rule could mean more rejections and lengthier processing times.
Headline
Mexican President Pledges Tougher Sexual‑harassment Laws After Being Groped

Mexican President Claudia Sheinbaum on Thursday unveiled proposals to boost reporting and prosecution of sexual abuse after she herself was groped in the street in an attack that caused outrage.
Mexico’s first woman president, 63, was assaulted on Tuesday by a drunken man while walking through the streets of the capital.
The assault made global headlines and focused attention on the dangers and harassment suffered by many women in the Latin American country.
Sheinbaum has pressed charges against her attacker for sexual harassment, a charge that in Mexico City covers lewd behaviour and groping.
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She has also ordered a review of the widely diverging laws on sexual harassment and abuse across Mexico’s 32 states.
Sexual harassment in public spaces is so prevalent in Mexico that in the last decade, the authorities have created women-only spaces on the metro.
Other cities with similar arrangements include Mumbai and Rio.
“May what happened serve so that women do not feel alone in situations of harassment or abuse… and for this to happen, there must be institutions and a government that supports them,” Sheinbaum told her regular morning press conference.
READ ALSO:Man Grabs Mexico’s President While Meeting Citizens On The Street
The UN says around 70 per cent of Mexican girls and women aged 15 and over will experience at least one incident of sexual harassment in their lives.
Sheinbaum said that 45 per cent had experienced sexual “abuse.”
The man who assaulted her put one arm around her shoulder while she was greeting supporters, and with his other hand touched her hip and chest while attempting to kiss her neck.
A member of Sheinbaum’s security detail pulled him away.
Citlalli Hernandez, Secretary for Women, said more than 25,000 complaints of sexual harassment have been filed so far this year.
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The scale of the problem is believed to be far greater, however, with many women in Mexico, as elsewhere, hesitant to press charges for fear of being victim-shamed or not taken seriously.
Sheinbaum called for an “efficient and quick” reporting system that truly allows justice to be served,” but gave no details of what that might look like.
The attack raised eyebrows over the left-wing president’s insistence on mixing with the public despite Mexican politicians regularly being a target for cartel violence.
The former Mexico City mayor has ruled out increasing her security.
“We need to be close to the people,” she said.
AFP
Headline
US Lawmakers Urge Sanctions On Miyetti Allah, Others Over Alleged Religious Violations

The United States House of Representatives has urged the Departments of State and Treasury to impose targeted sanctions on individuals and organisations, including Miyetti Allah Cattle Breeders Association of Nigeria and Miyetti Allah Kautal Hore, over alleged violations of religious freedom in Nigeria.
This was contained in a resolution introduced before the House on Tuesday and cited by The PUNCH from the US Congress website on Wednesday.
Recall that Trump, in a post on Truth over the weekend, declared Nigeria a “Country of Particular Concern” and threatened to take military action if the country did not stem the alleged killings of Christians.
Filed as H. Res. 860 in the 119th Congress, the resolution, submitted by Rep. Christopher Smith with Rep. Paul Huizenga as a co-sponsor, commends President Donald Trump for redesignating Nigeria as a CPC.
The sponsors decried the alleged worsening persecution of Christians and other religious minorities.
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They cited a catalogue of findings and reports that informed the measure, including media accounts and NGO data alleging large-scale attacks on civilians, destruction of places of worship, and a pattern of impunity.
The resolution reads in parts, “For over a decade, Islamic terror organisations have carried out mass murder, rape, kidnappings, and other atrocities targeting mostly Nigerian Christians and non-Fulani moderate Muslim populations, resulting in mass displacement and destruction of places of worship
“Prominent Christian and Muslim leaders have been kidnapped or assassinated, including priests, pastors, and imams who advocate for religious tolerance;
“Religious leaders, such as Father Remigius Iyhula and Bishop Wilfred Anagbe, who testified on March 12, 2025, at a hearing of the House Foreign Affairs Committee about the persecution and targeted killings of Christians in the Diocese of Makurdi, have faced intimidation, threats, and harassment from both extremist groups and government authorities.”
Supporters of the measure argued that the CPC redesignation would strengthen diplomatic leverage to press Nigeria for accountability and protection of religious minorities.
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“The designation of Nigeria as a CPC will enhance diplomatic efforts to encourage the Nigerian government to take necessary actions to protect religious minorities and uphold fundamental human rights,” they said.
They therefore moved that “President Donald Trump acted appropriately and decisively to redesignate Nigeria as a CPC and hold the Nigerian government accountable for its complicity in religious persecution by radical Islamists, such as Boko Haram and Fulani terrorists.”
They further recommended conditioning US foreign assistance on demonstrable steps by Nigeria to prevent persecution, prosecute alleged perpetrators, and care for displaced populations.
“The State Department should provide immediate humanitarian assistance directly to faith-based groups to support internally displaced people in Nigeria’s middle belt states.
“The United States, through the Department of State and Department of Treasury, should impose targeted sanctions, including visa bans and asset freezes under the Global Magnitsky framework and other restrictive measures, on individuals and entities responsible for severe violations of religious freedom in Nigeria, including sanctions against Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) and Miyetti Allah Kautal Hore, and should place Fulani-Ethnic Militias operating in Benue and Plateau States on the Entities of Particular Concern List under the International Religious Freedom Act,” the resolution read.
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The resolution also asked the US to justify the purposes and amounts of recent security and development assistance to Nigeria and to tie future support to improved human-rights outcomes.
The resolution was referred to the House Foreign Affairs Committee and the Judiciary Committee for further consideration.
If it advances out of committee, the resolution would mark a clear congressional signal backing Trump’s CPC decision and could open the door to further legislative or executive actions.
Meanwhile, the Federal Government had said the United States’ designation of Nigeria as a “country of particular concern” over alleged violations of religious freedom is based on a wrong perception of the country’s security challenges.
READ ALSO:US Congressman Accuses Kwankwaso Of Complicity In ‘Death Of Christians’
The Minister of Information and National Orientation, Mohammed Idris, stated this on Wednesday in Abuja while addressing journalists.
Idris said the US position stemmed from “misrepresentation and misinformation” about Nigeria’s internal security situation.
According to him, terrorism and violent crimes in Nigeria do not target any particular religious group.
“Nigeria faces long-standing security challenges that have impacted Christians and Muslims alike.
“Any narrative suggesting that the Nigerian state is failing to take action against religious attacks is based on misinformation or faulty data,” Idris said.
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