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Top 10 Richest People In The World

Published

1 year ago

June 4, 2024

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

Russian Strikes Kill Six In Ukraine

Published

10 hours ago

July 18, 2025

Editor

Russian drone and bomb fire killed at least six people across Ukraine’s east and south, local authorities said Friday, as Russia resists US President Donald Trump’s call to halt its invasion.

Moscow has escalated long-range aerial attacks on Ukraine’s towns and cities as well as frontline assaults and shelling over the past weeks, defying Trump’s warning it could face massive new sanctions if no peace deal is struck.

The latest strikes killed at least three people in the Dnipropetrovsk region — an important industrial mining territory under increasing pressure from Russia’s attacks.

“Administrative buildings, a shop and private houses have been damaged,” Governor Sergiy Lysak said on Telegram after a morning drone attack caused a fire to break out in the region’s Kamyanske district, where two were killed.

A 52-year-old man was killed in another drone attack elsewhere in the region.

And in the Donetsk, Kherson and Zaporizhzhia regions — all of which are partially occupied by Russian forces — attacks killed another three people.

Ukraine said Russia fired 35 long-range drones overnight — a relatively low number compared to the several hundred Moscow is capable of launching.

Moscow said it shot down 73 Ukrainian drones over its territory, including 10 it said were heading for the capital, Moscow.

AFP

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Georgia Arrests Two Over Attempt To Sell Weapons-grade Uranium

Published

1 day ago

July 17, 2025

Editor

Georgia has arrested two men for allegedly attempting to illegally sell weapons-grade uranium, officials in the Caucasus nation said on Thursday.

Counter-intelligence and special operations units detained a Georgian and a foreign national while they were allegedly trying to sell radioactive uranium that “could be used to manufacture explosive devices or carry out terrorist attacks”, the security services said.

The two men were seeking $3.0 million for the uranium when they were arrested in the Black Sea port city of Batumi, the services said.

Headline

Israeli Strike On Gaza’s Only Catholic Church Kills Two

Published

1 day ago

July 17, 2025

Editor

...I’m deeply saddened – Pope Leo XIV

An Israeli strike on Gaza’s only Catholic church killed two people on Thursday, the Latin Patriarchate of Jerusalem said, as Israel said it “never targets” religious sites and regretted any harm to civilians.

Pope Leo XIV said he was “deeply saddened” by the attack, which came as Gaza’s civil defence agency reported that Israeli strikes across the Palestinian territory killed at least 20 people.

“With deep sorrow the Latin Patriarchate can now confirm that two persons were killed as a result of an apparent strike by the Israeli army that hit the Holy Family Compound this morning.

“We pray for the rest of their souls and for the end of this barbaric war. Nothing can justify the targeting of innocent civilians,” it said in a statement.

Gaza civil defence spokesman Mahmud Bassal said “two citizens from the Christian community” were killed in an Israeli strike on the church in Gaza City, with which the late Pope Francis kept regular contact through the war.

AFP photographs showed the wounded being treated in a tented area at Gaza City’s Al-Ahli Hospital, also known as the Baptist Hospital, with parish priest Father Gabriel Romanelli with a bandage around his lower leg.

Christian Palestinian mourners take the body of a loved one for burial from the city’s Arab Ahli, also known as Baptist Hospital, following an earlier Israeli strike on the Holy Family Church, in Gaza City on July 17, 2025. An Israeli strike on Gaza’s only Catholic church killed two people on July 17, the Latin Patriarchate of Jerusalem said, as Israel said it “never targets” religious sites and regretted any harm to civilians. (Photo by Omar AL-QATTAA / AFP)

The patriarchate, which has jurisdiction for Catholics in Israel, the Palestinian Territories, Jordan and Cyprus, condemned the strike and said it “destroyed large parts of the complex”.

“Targeting a holy site currently sheltering approximately 600 displaced persons, the majority of whom are children and 54 with special needs, is a flagrant violation of human dignity and a blatant violation of the sanctity of life and the sanctity of religious sitses, which are supposed to provide a safe haven in times of war,” it said.

Israel expressed “deep sorrow” over the damage and civilian casualties, adding that the military was investigating.

“Israel never targets churches or religious sites and regrets any harm to a religious site or to uninvolved civilians,” the foreign ministry said on X.

– ‘Serious act’ –

Italian Prime Minister Giorgia Meloni said attacks on civilians in Gaza were “unacceptable” while her Foreign Minister Antonio Tajani called the church attack “a serious act against a Christian place of worship”.

Out of the Gaza Strip’s population of more than two million, about 1,000 are Christians. Most of them are Orthodox but according to the Latin Patriarchate, there are about 135 Catholics in the territory.

Since the early days of the war which erupted in October 2023, members of the Catholic community have been sheltering at the Holy Family Compound in Gaza City, where some Orthodox Christians have also found refuge.

Pope Francis repeatedly called for an end to the war and in his final Easter message, a day before his death on April 21, he condemned the “deplorable humanitarian situation” in the Palestinian territory.

– ‘Totally unacceptable’ –

Monsignor Pascal Gollnisch, the head of Catholic charity l’Oeuvre d’Orient, told AFP the raid was “totally unacceptable”.

“It is a place of worship. It is a Catholic church known for its peaceful attitude, for being a peacemaker. These are people who are at the service of the population,” he said.

“There was no strategic objective, there were no jihadists in this church. There were families, there were civilians. This is totally unacceptable and we condemn in the strongest possible terms this attitude on the part of Israel.”

More than 21 months of war have created dire humanitarian conditions for Gaza’s population, displacing most residents at least once and triggering severe shortages of food and other essentials.

The war was triggered by a Hamas attack on Israel, which resulted in the deaths of 1,219 people, most of them civilians, according to an AFP tally based on official figures.

Israel’s retaliatory military offensive has killed at least 58,573 Palestinians, mostly civilians, according to the health ministry in Hamas-run Gaza.

Media restrictions in Gaza and difficulties in accessing many areas mean AFP is unable to independently verify the tolls and details provided by the civil defence agency and other parties.

AFP