Top 10 Richest Persons In THE WORLD, Net Worth, Powerful People, Names

Bernard Jean Etienne Arnault, born 5 March 1949 is a French business magnate, investor, and art collector. He is the founder, chairman, and chief executive officer of LVMH Moet Hennessy Louis Vuitton, the world’s largest luxury goods company. Arnault has an estimated net worth of US$220 billion as of February 2023, according to Forbes, making him the wealthiest person in the world. His family is also considered one of the richest families in the world.

2 – Elon Musk

NET WORTH – $188.6 BILLION as of February’2023

Elon Reeve Musk born June 28, 1971 is a business magnate and investor. He is the founder, CEO and chief engineer of SpaceX; angel investor, CEO and product architect of Know more about the company Tesla, Inc.

Musk was born in Pretoria, South Africa, and attended at the University of Pretoria before moving to Canada at age 18, acquiring citizenship through his Canadian-born mother. Two years later, he matriculated at Queen’s University and transferred to the University of Pennsylvania, where he received bachelor’s degrees in economics and physics.

He moved to California in 1995 to attend Stanford University. After two days, he dropped out and with his brother Kimbal, co-founded the online city guide software company Zip2. In 1999, Zip2 was acquired by Compaq for $307 million and Musk co-founded X.com, a direct bank. X.com merged with Confinity in 2000 to form PayPal, which eBay acquired for $1.5 billion in 2002.

With $175.8 million, Musk founded SpaceX in 2002, a spaceflight services company. In 2004, he was an early investor in the electric vehicle manufacturer Tesla Motors, Inc. (now Tesla, Inc.). He became its chairman and product architect, assuming the position of CEO in 2008. In 2006, he helped create SolarCity, a solar energy company that was later acquired by Tesla and became Tesla Energy. In 2015, he co-founded OpenAI, a nonprofit artificial intelligence research company.

The following year, he co-founded Neuralink—a neurotechnology company developing brain–computer interfaces—and The Boring Company, a tunnel construction company. Musk has also proposed a hyperloop high-speed vactrain transportation system. In 2022, his acquisition of Twitter for $44 billion was completed. Musk has made controversial statements on politics and technology, particularly on Twitter, and is a polarizing figure. He has been criticized for making unscientific and misleading statements, including spreading COVID-19 misinformation.

In 2018, the U.S. Securities and Exchange Commission (SEC) sued Musk for falsely tweeting that he had secured funding for a private takeover of Tesla. Musk stepped down as chairman of Tesla and paid a $20 million fine as part of a settlement agreement with the SEC.

3 – Jeff Bezos

NET WORTH – $128 B as of February’2023

Jeffrey Preston Bezos born January 12, 1964 is an American entrepreneur, media proprietor, investor, and commercial astronaut. He is the founder, executive chairman, and former president and CEO of Amazon.

Born in Albuquerque and raised in Houston and Miami, Bezos graduated from Princeton University in 1986. He holds a degree in electrical engineering and computer science. He worked on Wall Street in a variety of related fields from 1986 to early 1994. Bezos founded Amazon in late 1994 on a road trip from New York City to Seattle. The company began as an online bookstore and has since expanded to a variety of other e-commerce products and services, including video and audio streaming, cloud computing, and artificial intelligence.

It is the world’s largest online sales company, the largest Internet company by revenue, and the largest provider of virtual assistants and cloud infrastructure services through its Amazon Web Services branch. Bezos founded the aerospace manufacturer and sub-orbital spaceflight services company Blue Origin in 2000. Blue Origin’s New Shepard vehicle reached space in 2015 and afterwards successfully landed back on Earth. He also purchased the major American newspaper The Washington Post in 2013 for $250 million and manages many other investments through his venture capital firm, Bezos Expeditions. In September 2021, Bezos co-founded biotechnology company Altos Labs with Mail.ru founder Yuri Milner.

The first centibillionaire on the Forbes wealth index, Bezos was named the “richest man in modern history” after his net worth increased to $150 billion in July 2018. In August 2020, according to Forbes, he had a net worth exceeding $200 billion. In 2020 during the COVID-19 pandemic, his wealth grew by approximately $24 billion.

On July 5, 2021, Bezos stepped down as the CEO and President of Amazon and transferred to the role of executive chairman; Andy Jassy, the chief of Amazon’s cloud computing division, succeeded Bezos as the CEO and President of Amazon. On July 20, 2021, he flew to space alongside his half-brother, Mark. The suborbital flight lasted over 10 minutes, reaching a peak altitude of 66.5 miles (107.0 km). In September 2022, he was ranked second on the Forbes 400 list of wealthiest Americans with a net worth of $151 billion.

4 – Larry Ellison

NET WORTH – $111.6 BILLION as of February’2023

Lawrence Joseph Ellison born August 17, 1944 is an American business magnate and investor who is the co-founder, executive chairman, chief technology officer (CTO) and former chief executive officer (CEO) of the American computer technology company Oracle Corporation ( Know More about Oracle ).

Ellison is also known for his 98% ownership stake in Lanai, the sixth-largest island in the Hawaiian Archipelago

5 – Warren Buffet

NET WORTH – $108.4 BILLION as of February’2023

Warren Edward Buffett born August 30, 1930 is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway To know more about Berkshire Hathaway . He is one of the most successful investors in the world and has a net worth of over $108 billion as of February 2023, making him the world’s fifth-wealthiest person.

Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth, eventually entering the Wharton School of the University of Pennsylvania in 1947 before transferring to and graduating from the University of Nebraska at 19. He went on to graduate from Columbia Business School, where he molded his investment philosophy around the concept of value investing pioneered by Benjamin Graham.

He attended New York Institute of Finance to focus his economics background and soon after began various business partnerships, including one with Graham. He created Buffett Partnership, Ltd in 1956 and his firm eventually acquired a textile manufacturing firm called Berkshire Hathaway, assuming its name to create a diversified holding company. In 1978, Charlie Munger joined Buffett as vice-chairman.

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. He is noted for his adherence to value investing, and his personal frugality despite his immense wealth. Buffett is a philanthropist, having pledged to give away 99 percent of his fortune to philanthropic causes, primarily via the Bill & Melinda Gates Foundation. He founded The Giving Pledge in 2010 with Bill Gates, whereby billionaires pledge to give away at least half of their fortunes.

6 – Bill Gates

NET WORTH – $105.8 BILLION as of February’2023

William Henry Gates III (born October 28, 1955) is an American business magnate, author, investor, and philanthropist. He is a co-founder of Microsoft, click here to know more, 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. He was a major entrepreneur of the microcomputer revolution of the 1970s and 1980s.

Gates was born and raised in Seattle. In 1975, he and Allen founded Microsoft in Albuquerque, New Mexico. It became the world’s largest personal computer software company. Gates led the company as chairman and CEO until stepping down as CEO in January 2000, succeeded by Steve Ballmer, but he remained chairman of the board of directors and became chief software architect.

During the late 1990s, he was criticized for his business tactics, which have been considered anti-competitive. This opinion has been upheld by numerous court rulings. In June 2008, Gates transitioned to a part-time role at Microsoft and full-time work at the Bill & Melinda Gates Foundation, the private charitable foundation he and his then-wife Melinda established in 2000.

He stepped down as chairman of the board of Microsoft in February 2014 and assumed a new post as technology adviser to support the newly appointed CEO Satya Nadella. In March 2020, Gates left his board positions at Microsoft and Berkshire Hathaway to focus on his philanthropic efforts on climate change, global health and development, and education.

Since 1987, Gates has been included in the Forbes list of the world’s wealthiest people. From 1995 to 2017, he held the Forbes title of the richest person in the world every year except from 2010 to 2013. In October 2017, he was surpassed by Amazon founder and CEO Jeff Bezos, who had an estimated net worth of US$90.6 billion compared to Gates’s net worth of US$89.9 billion at the time. As of February 2023, Gates has an estimated net worth of US$113 billion, making him the fourth-richest person in the world.

Later in his career and since leaving day-to-day operations at Microsoft in 2008, Gates has pursued many business and philanthropic endeavors. He is the founder and chairman of several companies, including BEN, Cascade Investment, TerraPower, bgC3, and Breakthrough Energy. He has given sizable amounts of money to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, reported to be the world’s largest private charity.

Through the foundation, he led an early 21st century vaccination campaign that significantly contributed to the eradication of the wild poliovirus in Africa. In 2010, Gates and Warren Buffett founded The Giving Pledge, whereby they and other billionaires pledge to give at least half of their wealth to philanthropy.

7 – Carlos Slim Helu & family

NET WORTH – $88.6 BILLION as of February’2023

Carlos Slim Helú born 28 January 1940) is a Mexican business magnate, investor, and philanthropist. From 2010 to 2013, Slim was ranked as the richest person in the world by the Forbes business magazine. He derived his fortune from his extensive holdings in a considerable number of Mexican companies through his conglomerate, Grupo Carso. As of February 2023, Bloomberg Billionaires Index ranked him as the 10th-richest person in the world with a net worth of $86 billion, making him the richest person in Latin America.

Slim’s corporate conglomerate spans numerous industries across the Mexican economy, of which includes education, health care, industrial manufacturing, transportation, real estate, mass media, energy, hospitality, entertainment, high-technology, retail, sports and financial services. He accounts for 40% of the listings on the Mexican Stock Exchange, while his net worth is equivalent to about 6% of Mexico’s gross domestic product. As of 2016, he is the largest single shareholder of The New York Times Company.

8 – Steve Ballmer

NET WORTH – $88.4 BILLION as of February’2023

Steven Anthony Ballmer is an American businessman and investor who served as the chief executive officer of Microsoft from 2000 to 2014. He is the current owner of the Los Angeles Clippers of the National Basketball Association . As of February 2023, Bloomberg Billionaires Index estimates his personal wealth at around $90 billion, making him the eighth-richest person on Earth.

Ballmer was hired by Bill Gates at Microsoft in 1980, and subsequently left the MBA program at Stanford University. He eventually became president in 1998, and replaced Gates as CEO on January 13, 2000. On February 4, 2014, Ballmer retired as CEO and was replaced by Satya Nadella; Ballmer remained on Microsoft’s Board of Directors until August 19, 2014, when he left to prepare for teaching a new class.

His tenure and legacy as Microsoft CEO has received mixed reception, with the company tripling sales and doubling profits, but losing its market dominance and missing out on 21st-century technology trends such as the ascendance of smartphones in the form of iPhone and Android.

9 – Larry Page

NET WORTH – $82.2 BILLION as of February’2023

Lawrence Edward Page (born March 26, 1973) is an American business magnate, computer scientist and internet entrepreneur. He is best known for co-founding Google with Sergey Brin.

Page was the CEO (chief executive officer) of Google from 1997 until August 2001, then from April 2011 until July 2015 when he moved to become CEO of Alphabet Inc. (created to deliver “major advancements” as Google’s parent company), a post he held until December 4, 2019. He remains an Alphabet board member, employee, and controlling shareholder.

As of February 2023, Page has an estimated net worth of $93 billion according to the Bloomberg Billionaires Index, making him the seventh-richest person in the world. He has also invested in flying car startups Kitty Hawk and Opener.

Page is the co-creator and namesake of PageRank, a search ranking algorithm for Google. He received the Marconi Prize in 2004 with co-writer Brin.

10 – Mukesh Ambani

NET WORTH – $82.0 BILLION as of February’2023

Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian billionaire businessman. He is the chairman and managing director of Reliance Industries Ltd. (RIL), a Fortune Global 500 company and India’s most valuable company by market value. According to Forbes and Bloomberg Billionaires Index, Ambani’s net worth is estimated at $83.6 billion as of February 2023, making him the richest person in Asia and the 12th richest person in the world.

Mukesh Dhirubhai Ambani was born on 19 April 1957 in the British Crown colony of Aden (present-day Yemen) into a Gujarati Hindu family to Dhirubhai Ambani and Kokilaben Ambani. He has a younger brother Anil Ambani and two sisters, Nina Bhadrashyam Kothari and Dipti Dattaraj Salgaonkar.

Ambani lived only briefly in Yemen because his father decided to move back to India in 1958 to start a trading business that focused on spices and textiles. The latter was originally named “Vimal” but later changed to “Only Vimal”. His family lived in a modest two-bedroom apartment in Bhuleshwar, Mumbai until the 1970s. The family’s financial status slightly improved when they moved to India but Ambani still lived in a communal society, used public transportation, and never received an allowance. Dhirubhai later purchased a 14-floor apartment block called ‘Sea Wind’ in Colaba, where, until recently, Ambani and his brother lived with their families on different floors.

So, the above 10 are the Top 10 Richest Persons In THE WORLD. Hope you liked this article.

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