Elon Musk tops Forbes list of world’s richest individuals for 2024
(MENAFN) As of the end of June 2024, Elon Musk, CEO of Tesla, has emerged as the world's wealthiest individual according to Forbes' latest rankings, boasting a net worth of USD221.4 billion. This places him at the pinnacle of a list showcasing the financial prowess of the globe's top 10 richest people, whose collective wealth totals approximately USD1.66 trillion—a USD76 million increase from the previous month.
Following closely behind Musk is Jeff Bezos, founder of Amazon, holding the second position with a substantial net worth of USD210.2 billion. Bernard Arnault, Chairman of luxury conglomerate LVMH, secured third place with assets amounting to USD193 billion, while Mark Zuckerberg, the visionary behind Facebook, claimed fourth place with a net worth of USD176.8 billion. Larry Ellison, co-founder of Oracle Corporation, rounds out the top five with a net worth of USD173 billion.
Further down the list, Google co-founders Larry Page and Sergey Brin occupy the sixth and seventh spots respectively, with Page's net worth at USD150.3 billion and Brin's at USD143.9 billion. Bill Gates, co-founder of Microsoft, follows in eighth place with assets totaling USD133.4 billion, while Steve Ballmer, former CEO of Microsoft, holds the ninth spot with a net worth of USD130.7 billion.
Notably, Warren Buffett, CEO of Berkshire Hathaway, slipped three positions to tenth place due to stock market fluctuations and significant charitable donations totaling USD5.3 billion. Buffett's current net worth stands at USDxxx billion, reflecting his enduring influence and philanthropic commitment amidst financial volatility.
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