World’s Top 20 billionaire
Recent years have brought substantial shifts to the list of the world’s wealthiest individuals, owing to the influence of the pandemic, geopolitical shifts, and economic deceleration. Here’s an update on the top 20 richest individuals according to the Bloomberg Billionaires Index, as of April 27, 2023.
Elon Musk – $234 billion
Elon Musk is deeply involved in transforming transportation, notably through Tesla, the electric car manufacturer, and SpaceX, his aerospace company dedicated to space exploration. As of now, his net worth stands at $234 billion. Musk acquired Twitter in October last year, assuming ownership and the role of CEO after a $44 billion acquisition.
Bernard Arnault – $156 billion
Chairman and CEO of LVMH, Bernard Arnault currently holds the title of the world’s richest individual. His wealth, totaling $156 billion, originates from a conglomerate encompassing over 70 renowned brands, among them Louis Vuitton and Sephora.
Jeff Bezos – $155 billion
Founder and former CEO of Amazon, Jeff Bezos maintains the third spot among the world’s wealthiest individuals. Despite his divorce from MacKenzie in 2019, where he transferred a significant portion of his Amazon shares to her, Bezos retains a fortune valued at $155 billion. Amazon, established by Bezos in 1994 from his Bellevue garage in Washington, has notably thrived during the pandemic, capitalizing on increased online shopping trends.
Bill Gates – $126 billion
As the co-founder of the Bill & Melinda Gates Foundation, Bill Gates boasts a net worth of $126 billion. Alongside Paul Allen, Gates established the software giant Microsoft, eventually divesting much of his shares in the company and retaining only a 1% stake, redirecting the rest of his investments into stocks and various assets. The Bill & Melinda Gates Foundation stands as the largest private charitable foundation globally.
Larry Page – $125 billion
Larry Page, co-founder of Alphabet, the parent company of Google, possesses a net worth of $125 billion, securing the eighth spot among the world’s wealthiest individuals. He’s invested in pioneering space exploration firm Planetary Resources and has backed “Flying Car” startup enterprises such as Kitty Hawk and Opener.
Larry Ellison – $124 billion
Larry Ellison, earning nearly $124 billion from Oracle, the software firm he co-founded in 1977, stands among the world’s richest. Stepping down as Oracle’s CEO in 2014, Ellison currently serves as the company’s chairman of the board and chief technology advisor. Since December 2018, he’s been a Tesla board member, having acquired 3 million shares earlier that year. Additionally, Ellison possesses ownership of the majority of the Hawaiian island Lanai.
Sergey Brin — $118 billion
Sergey Brin, co-founder and board member of Alphabet, holds a net worth of $118 billion, securing the ninth position among the world’s wealthiest individuals. He co-founded Google alongside Larry Page in 1998, guiding it through a public offering in 2004 before transforming into Alphabet in 2015.
Mark Zuckerberg – $117 billion
Mark Zuckerberg, the co-founder, CEO, and chairman of Facebook, leads the social network that has evolved into a pivotal communication platform today. His net worth stands at $117 billion, with Zuckerberg currently holding approximately 15% ownership in Facebook subsequent to its public debut in May 2012.
Warren Buffet – $116 billion
Renowned as the Oracle of Omaha, Warren Buffet stands as one of history’s most accomplished investors. He presides over Berkshire Hathaway, a conglomerate overseeing more than 60 enterprises, including Geico insurance, Duracell, and Dairy Queen Restaurant. Buffet’s net worth is valued at $116 billion. From the son of a U.S. congressman, Buffet purchased his first stock at the age of 11.
Steve Ballmer – $116 billion
Steve Ballmer, owner of the Los Angeles Clippers basketball team, claims a net worth of $116 billion, securing the tenth position among the world’s wealthiest individuals. Joining Microsoft in 1980 as the company’s 30th employee, Ballmer ascended to the role of CEO in 2000, succeeding Bill Gates.
Francoise Bettencourt Meyers – $93.4 billion
Francoise Bettencourt Meyers, recognized as one of the wealthiest women globally, is the granddaughter of L’Oreal’s founder. Holding a 33% stake in the company, L’Oreal stands as the world’s largest cosmetics manufacturer
Mukesh Ambani – $87.8 billion
Mukesh Ambani, a Stanford University dropout, has maintained his position as one of Asia’s wealthiest individuals for over a decade. Serving as the owner and chairperson of Reliance Industries, the conglomerate possesses the world’s largest oil refining complex. Additionally, Ambani is the owner of the Mumbai Indians professional cricket team.
Carlos Slim – $84.6 billion
Carlos Slim holds sway over America Movil, the largest mobile telecom firm in Latin America. With a net worth of $84.6 billion, he holds stakes not only in New York Times and commercial banks but also in the Mexican construction industry through his family’s investment vehicle.
Francoise Bettencourt Meyers – $82.4 billion
Françoise Bettencourt Meyers is a French billionaire and the richest woman in the world. She is the heiress to the L’Oréal cosmetics fortune.
Amancio Ortega – $74.3 billion
Amancio Ortega, a Spanish billionaire, stands as the founder and former chairman of Inditex, the world’s leading clothing retailer known for Zara and Bershka chains. His net worth amounts to $74.3 billion.
Jim Walton – $72.6 billion
Jim Walton, the youngest son of Walmart founder Sam Walton, possesses a 44% stake in Arvest Bank. Alongside the other heirs of the Walmart founder, they collectively own more than half of the world’s largest retailer.
Rob Walton – $70.6 billion
Robson Walton, also known as Rob Walton, is the eldest son of Walmart founder Sam Walton. His net worth amounts to $67.4 billion. Alongside his two siblings, they collectively possess more than half of Walmart’s shares.
Alice Walton – $69.6 billion
Alice Walton, daughter of Walmart founder Sam Walton, diverged from the family business to focus on art curation. In 2011, she established the Crystal Bridges Museum of American Art.
Charles Koch – $66.3 billion
Charles Koch serves as the Chairman of Koch Industries, a diversified conglomerate headquartered in Wichita, Kansas, ranking among the largest privately held firms in the United States. Notable for his philanthropy and involvement in libertarian and conservative causes.
Michael Dell – $67.8 billion
Michael Dell is an American businessman and the founder of Dell Technologies, one of the world’s largest technology infrastructure companies. Born on February 23, 1965, in Houston, Texas, Michael Saul Dell showed an early interest in computers and technology. In 1984, at the age of 19, he founded Dell Computer Corporation from his dormitory room at the University of Texas at Austin.
Julia Flesher Koch & family – $63.2 billion
Julia Flesher Koch, a prominent socialite and philanthropist, inherited her wealth from her late husband David Koch, who passed away in 2019. Alongside her three children, she acquired a 42% stake in Koch Industries.
Gautam Adani – $61.7 billion
This table presents the top 20 wealthiest individuals globally, based on the provided information.