He’s still the king of luxury Bernard Arnault to hold the scepter of the richest man in the world. This is how the latest version of the Bloomberg Billionaires IndexBloomberg’s daily ranking of billionaires, whose data is updated at the end of each New York trading day.
Ranking of billionaires
Here are the current ten richest people in the world, according to the constantly updated ranking of the Bloomberg Billionaires Index.
- Bernard Arnault – $189 billion
The top 10 richest men in the world 2023 sees Bernard Arnault, the CEO of LVM extension. The Bloomberg Wealth Index estimates that most Arnault’s fortune comes from his 97.5 percent stake in Christian Dior, which in turn controls about 41% of LVMH. The family holds an additional interest in LVMH of approximately 6%. The company sells products such as Louis Vuitton leather goods, TAG Heuer watches and Dom Perignon champagne. Arnault and his family own approximately 48% of the company’s stock with 64% of the voting rights.
- Elon Musk – $160 billion
With a current fortune of $160 billion, Elon Musk claims his position as the second richest person in the world. His current company, Tesla, which makes electric vehicles, is valued at over $800 billion. Musk’s fortune, which is mostly tied to Tesla stock, has been fueled by a meteoric rise in the automaker’s stock price, which has risen more than 1,000% in two years.
- Jeff Bezos – $124 billion
Amazon was founded by Jeff Bezos, who is currently the third richest person in the world with a net worth of $124 billion.
- Bill Gates – $111 billion
Bill Gates is the fourth richest person in the world as of 2023 with a fortune of $111 billion. Bill Gates founded Microsoft in 1975.
- Warren Buffett – $107.9 billion
Billionaire investor Warren Buffett ranks fifth with a net worth of $107.9 billion. Berkshire Hathaway is managed by Warren Buffett, who serves as chairman. The 60+ companies include Duracell Insurance, Zico Dairy, Queen Food Chain, etc.
- Larry Ellison – $99.5 billion
With a fortune of $99.5 billion, Larry Ellison ranks sixth on the list of the 10 richest men in the world for 2023-2024. Ellison is the founder and largest shareholder of Oracle, a database company with revenues of $42.4 billion as of May 31, 2022. He owns more than 40% of the Austin, Texas-based company, as well as shares in Tesla, a sailing company team, the Indian Wells tennis tournament, and real estate, including Lanai Island in Hawaii.
- Larry Page – $90 billion
Larry Page, co-founder of Google, ranks seventh on the list of the richest with an estimated fortune of $86.4 billion, most of which has been invested in Planetary Resources and the Space Organization.
- Steve Ballmer – $86.9 billion
Ballmer is the former Microsoft CEO and shareholder of the Redmond, Washington-based company that makes the Windows operating system, Xbox gaming console and Surface tablets. Ballmer ranks 8th with a value of $86.9 billion.
- Sergei Brin – $86.9 billion
Sergey Bin is co-founder of Alphabet, the holding company of Google, the world’s largest search engine operator. With a net worth of $86.9 billion as of January 31, he ranks ninth on the list of the 10 richest billionaires in the world.
- Carlos Slim Helu and family – $85.7 billion
Carlos Slim Helu is a Mexican billionaire and philanthropist who has a net worth of $85.7 billion. He is considered one of the richest people in the world and has been ranked as the richest man multiple times by Forbes magazine.
The giants of the Indian economy Gautam Adani and Mukesh Ambani they slipped out of the top 10. Adani’s net worth is $84.8 billion. Besides energy business, aerospace industry, logistics industry, agriculture, etc., Gautam Adani has invested heavily and managed to amass great wealth in Asia. The billionaire is currently struggling with the stock’s plunge on the stock market following allegations of tax fraud and stock price manipulation by the short seller Hindenburg research.
Mukesh Ambani, the founder of oil and gas retail and telecom companies Reliance and Jio, is ranked ninth with a net worth of $83.7 billion.