The top 10 richest people in the world have a net worth that is greater than the GDP of many countries. The world's 10 richest people have a combined net worth of over $1.5 trillion.
AASHISH KUMAR JHA | May 17, 2023 |
Richest Man in the World 2023: Check Top 10 Richest Person in the World in 2023, Their Income Source, Other Details
Richest Man in the World 2023: In a world driven by ambition and entrepreneurial spirit, a select group of individuals has managed to amass fortunes that are beyond comprehension. These captains of industry, visionaries, and innovators have risen to the pinnacle of success, catapulting themselves to the exclusive ranks of the world’s wealthiest. As a result, the world is always pushing these billionaires to reveal their riches and influence. The world’s richest man’s net worth, however, is subject to changes in market assessments.
The top 10 richest people in the world have a net worth that is greater than the GDP of many countries. Their wealth is concentrated in a few industries, such as technology, finance, and retail. The growing gap between the rich and the poor is a major concern for many people around the world. The world’s 10 richest people have a combined net worth of over $1.5 trillion, according to the latest data from Forbes.
In this article, we unveil the top 10 richest people in the world, highlighting their remarkable achievements, entrepreneurial prowess, and the immense impact they have had on the global economy. The list has been published by one of the most trusted and reputed magazines in the world.
Rank: 1
Source of Income: LVMH
Age: 74
Net Worth: 211 Billion Dollars
Nationality: France
The chairman and CEO of LVMH (Moët Hennessy Louis Vuitton), Bernard Arnault, claims the 1st position on this prestigious list. With a net worth of approximately $211 billion, Arnault has established himself as a titan in the luxury goods market. His portfolio includes iconic brands like Louis Vuitton, Christian Dior, and Sephora, shaping the world of fashion and beauty.
Rank: 2
Source of Income: Tesla, SpaceX
Age: 51
Net Worth: 180 Billion Dollars
Nationality: USA
Known for his ambitious ventures, Elon Musk secures the second spot on the list. With a net worth hovering around $180 billion, Musk has made significant contributions to several industries. From Tesla’s groundbreaking electric vehicles to SpaceX’s ambitious space exploration endeavors, his audacious pursuits continue to captivate the world. His recent purchase of Twitter created a buzz around the world.
Rank: 3
Source of Income: Amazon
Age: 59
Net Worth: 114 Billion Dollars
Nationality: USA
The third-richest person in the world is Jeff Bezos, the founder and CEO of Amazon. Bezos’s net worth is estimated to be $114 billion, down from last year. Bezos’s wealth has declined in recent months due to the rising cost of living and the ongoing COVID-19 pandemic. Also due to a 38% decline in the Amazon stock, his wealth declined considerably.
Rank: 4
Source of Income: Oracle
Age: 78
Net Worth: 107 Billion Dollars
Nationality: USA
As the co-founder, chairman, and chief technology officer of Oracle Corporation, Larry Ellison has made an indelible mark on the tech industry. With a net worth of approximately $107 billion, Ellison has been instrumental in shaping the database software market and empowering businesses worldwide with Oracle’s robust solutions.
Rank: 5
Source of Income: Berkshire
Age: 92
Net Worth: 106 Billion Dollars
Nationality: USA
Considered one of the most successful investors in history, Warren Buffett’s wisdom and financial acumen have propelled him to the fifth position on our list. With an estimated net worth of $106 billion, Buffett is the chairman and CEO of Berkshire Hathaway, a multinational conglomerate with investments in various industries, including insurance, utilities, and consumer goods.
Rank: 6
Source of Income: Microsoft
Age: 67
Net Worth: 104 Billion Dollars
Nationality: USA
Renowned for his philanthropic endeavors, Bill Gates remains a formidable force in the realm of wealth. Although he stepped down as Microsoft’s CEO, Gates’ net worth stands at a staggering $104 billion. Through the Bill & Melinda Gates Foundation, he has dedicated himself to eradicating poverty, enhancing healthcare, and promoting education worldwide. He still spends 10% of his time working with teams at the software firm–including those at OpenAI, which is backed by Microsoft.
Rank: 7
Source of Income: Bloomberg
Age: 81
Net Worth: 94.5 Billion Dollars
Nationality: USA
Michael Bloomberg is an American businessman, philanthropist, politician, and author, who holds the majority of shares of his founding company Bloomberg LP. He co-founded the media company in 1981. The co-founder of Bloomberg LP gave another $1.7 billion to charity over the last year, but his fortune continued to rise as predicted.
Rank: 8
Source of Income: Telecom
Age: 83
Net Worth: 93 Billion Dollars
Nationality: Mexico
The eighth-ranked businessperson on this list is the richest person in Mexico, with most of his money coming from the telecom industry. The businessman holds shares in consumer products, mining, and real estate industries in addition to the largest telecom companies in Mexico.
Rank: 9
Source of Income: Diversified (Reliance, Jio Telecommunications)
Age: 65
Net Worth: 83.4 Billion Dollars
Nationality: India
Mukesh Ambani is the son of Dhirubhai Ambani, who founded Reliance Industries and is currently the chairman and managing director of Reliance Industries Ltd. The multi-billionaire businessman is Asia’s richest man. Ambani is turning Reliance into green energy by investing $ 80 billion in renewable energy. Reliance Industries, the oil-to-telecom juggernaut owned by Ambani, became the first Indian business to earn more than $100 billion in revenue.
Rank: 10
Source of Income: Microsoft
Age: 67
Net Worth: 80.7 Billion Dollars
Nationality: USA
Steve Ballmer, the former CEO of Microsoft, is a well-known philanthropist. During his leadership, Microsoft tripled its revenue and doubled its profit. The sixth most valued NBA team, L.A. Clippers, is also owned by Ballmer. The team is having a great year and is on a roll. He is building for them a $2 billion arena that is being privately funded.
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