20 Richest People In the World: In the world of business and wealth, the landscape is constantly changing. Yet, some names consistently appear on the list of the wealthiest individuals. Here, we delve into the top 20 richest people in the world in 2023 according to Forbes. We’ll explore who they are, what they do, and the major sources of their income. Please note that this information is accurate as of June 2023 and is subject to change as the financial landscape evolves.
List of Top 20 richest people in the world
This information is accurate as of June 2023 and is subject to change as the financial landscape evolves.
1. Elon Musk – $236.9 B
Elon Musk, the CEO of Tesla and SpaceX, tops the list. Musk’s wealth primarily comes from his stakes in these two companies. Tesla is a leading electric vehicle and clean energy company, while SpaceX is pioneering the private space travel industry. Musk is known for his visionary ideas and has significantly influenced the automotive and space industries. His ambitious projects, such as colonizing Mars and creating a high-speed transportation system known as the Hyperloop, continue to push the boundaries of innovation.
2. Bernard Arnault & Family – $229.7 B
Bernard Arnault, along with his family, controls LVMH, the world’s largest luxury goods company. The French conglomerate is home to more than 70 brands, including Louis Vuitton and Sephora. Arnault has been instrumental in expanding the luxury brand market globally. His strategic acquisitions and brand development have helped LVMH maintain its position as a leader in the luxury goods market.
3. Larry Ellison – $156.2 B
Larry Ellison, co-founder of Oracle, a leading enterprise software company, is third on the list. Ellison served as CEO until 2014 and is now the chairman and chief technology officer. Oracle has become an integral part of many businesses worldwide, providing a suite of cloud applications, platform services, and engineered systems. Ellison’s leadership and strategic vision have been key to Oracle’s success.
4. Jeff Bezos – $148.2 B
Jeff Bezos founded e-commerce giant Amazon in his garage in 1994. He stepped down as CEO in 2021 but remains on the board. He also owns The Washington Post and Blue Origin, a space exploration company. Bezos revolutionized the e-commerce industry with Amazon, making online shopping a common practice. His ventures into space travel and media signify his diverse interests and entrepreneurial spirit.
5. Bill Gates – $118.1 B
Bill Gates co-founded Microsoft, the world’s largest PC software company, in 1975. Although he’s no longer active in the company, his stake in Microsoft provides a significant portion of his wealth. Gates is also known for his philanthropic work through the Bill and Melinda Gates Foundation. His contributions to the tech industry and his philanthropy have left an indelible mark on the world.
6. Warren Buffett – $117.8 B
Known as the “Oracle of Omaha,” Warren Buffett is one of the most successful investors of all time. He runs Berkshire Hathaway, which owns over 60 companies, including Geico and Duracell. Buffett is renowned for his value investing strategy and his philosophical insights on investing and life. His annual letters to Berkshire Hathaway shareholders are widely read for their wisdom and humor.
7. Larry Page – $104.9 B
Larry Page, along with Sergey Brin, co-founded Google, now known as Alphabet, the parent company of Google. He served as Google’s CEO until 2001 and then from 2011 to 2015. Page has been instrumental in steering Google’s vision and has contributed to the development of various Google products like AdWords,
Google Chrome, and Google Maps. His work has significantly impacted the internet and how people around the world access information.
8. Steve Ballmer – $104.4 B
Steve Ballmer is the former CEO of Microsoft, having served from 2000 to 2014. His wealth primarily comes from his stake in Microsoft. Ballmer led Microsoft during a critical time of growth and expansion, overseeing the launch of products like Windows XP, Windows 7, and the Xbox gaming console. He is currently the owner of the Los Angeles Clippers NBA team.
9. Carlos Slim Helu & Family – $101.7 B
Carlos Slim Helu and his family control America Movil, Latin America’s biggest mobile telecom firm. They also own stakes in various industries across Mexico. Slim has been a significant figure in the telecommunications industry, and his influence extends to construction, consumer goods, mining, and real estate companies.
10. Mark Zuckerberg – $99.7 B
Mark Zuckerberg is the co-founder, chairman, and CEO of Facebook, the world’s largest social networking service. His wealth primarily comes from his stake in Facebook. Zuckerberg’s creation has revolutionized the way people connect and communicate. Despite controversies, Facebook continues to be a dominant player in the global social media landscape.
11. Sergey Brin – $99.6 B
Sergey Brin co-founded Google with Larry Page. He served as president of Alphabet, Google’s parent company, until December 2019. Brin, like Page, has been instrumental in Google’s growth and success. His work has significantly shaped the internet and the digital age.
12. Michael Bloomberg – $94.5 B
Michael Bloomberg co-founded Bloomberg LP, a global financial services and media company. He served as mayor of New York City from 2002 to 2013. Bloomberg LP has become a vital tool for the global financial community, providing news, data, and analytics. Bloomberg’s leadership in business and politics has made him a prominent figure.
13. Mukesh Ambani – $91.0 B
Mukesh Ambani is the richest person in India. He runs Reliance Industries, a conglomerate with interests in petrochemicals, refining, oil, and telecommunications. Ambani has transformed the Indian telecom sector with the launch of Reliance Jio, offering affordable 4G services, which has significantly contributed to his wealth.
14. Francoise Bettencourt Meyers & Family – $90.1 B
Francoise Bettencourt Meyers and her family own 33% of L’Oréal stock. She is the granddaughter of the company’s founder, and L’Oréal is the world’s largest cosmetics company. The Bettencourt Meyers family’s wealth is a testament to the enduring appeal of beauty products and the successful management of the L’Oréal brand.
15. Amancio Ortega – $88.4 B
Amancio Ortega is one of the wealthiest clothing retailers in the world. He co-founded Inditex, known for the Zara fashion chain, with his ex-wife Rosalia Mera (d. 2013) in 1975. Ortega’s innovative fast-fashion model has made Zara a global brand.
16. Jim Walton – $64.9 B
Jim Walton is the youngest son of Walmart founder Sam Walton. He gave away $1.2 billion in Walmart stock in 2020 but still remains one of the richest people in the world. Walton’s wealth is a testament to his father’s successful creation of Walmart, the world’s largest retailer.
17. Zhong Shanshan – $64.6 B
Zhong Shanshan is the chairman of both Nongfu Spring, a bottled water company, and Beijing Wantai Biological Pharmacy, a vaccine manufacturer. Known as the “Lone Wolf,” Zhong has made his fortune outside the more common wealth-creating industries of tech and real estate.
18. Rob Walton – $63.5 B
Rob Walton is the eldest son of Walmart founder Sam Walton. He served as chairman of the company from 1992 until 2015. Like his brother Jim, Rob’s wealth is largely tied to the success of Walmart, which continues to be a dominant player in global retail.
20. Michael Dell – $59.1 B
Alice Walton is the only daughter of Walmart founder Sam Walton. Unlike her brothers, she has focused on curating art rather than working for Walmart. She has used her wealth to become a patron of the arts and has established the Crystal Bridges Museum of American Art in Arkansas.
20. Michael Dell – $59.1 B
Michael Dell is the founder and CEO of Dell Technologies, one of the world’s largest technology infrastructure companies. He started his company in his college dorm room in 1984 with $1,000. Dell’s direct-sales model disrupted the computer industry, and his company continues to be a significant player in the global tech market.
List of Top 20 richest people in the world
| Name | Net Worth | Age | Country | Source | Industry |
|---|---|---|---|---|---|
| Elon Musk | $236.9 B | 51 | United States | Tesla, SpaceX | Automotive, Aerospace |
| Bernard Arnault & Family | $229.7 B | 74 | France | LVMH | Luxury Goods |
| Larry Ellison | $156.2 B | 78 | United States | Oracle | Software |
| Jeff Bezos | $148.2 B | 59 | United States | Amazon | E-commerce, Space |
| Bill Gates | $118.1 B | 67 | United States | Microsoft | Software |
| Warren Buffett | $117.8 B | 92 | United States | Berkshire Hathaway | Investments |
| Larry Page | $104.9 B | 50 | United States | Technology | |
| Steve Ballmer | $104.4 B | 67 | United States | Microsoft | Technology |
| Carlos Slim Helu & Family | $101.7 B | 83 | Mexico | America Movil | Telecom |
| Mark Zuckerberg | $99.7 B | 39 | United States | Social Media | |
| Sergey Brin | $99.6 B | 49 | United States | Technology | |
| Michael Bloomberg | $94.5 B | 81 | United States | Bloomberg LP | Media, Finance |
| Mukesh Ambani | $91.0 B | 66 | India | Reliance Industries | Diversified |
| Francoise Bettencourt Meyers & Family | $90.1 B | 69 | France | L’Oréal | Cosmetics |
| Amancio Ortega | $88.4 B | 87 | Spain | Zara | Fashion Retail |
| Jim Walton | $64.9 B | 75 | United States | Walmart | Retail |
| Zhong Shanshan | $64.6 B | 68 | China | Nongfu Spring, Beijing Wantai | Beverages, Pharmaceuticals |
| Rob Walton | $63.5 B | 78 | United States | Walmart | Retail |
| Alice Walton | $62.6 B | 73 | United States | Walmart | Retail |
| Michael Dell | $59.1 B | 58 | United States | Dell Technologies | Technology |
These are the top 20 richest men and women who are shaping the world of business and technology today. Their wealth is a testament to their innovation, strategic leadership, and entrepreneurial spirit. As we move further into 2023, it will be fascinating to see how this list evolves and who will emerge as the top 20 richest people in the world. Please remember that this information is accurate as of June 2023, and the financial landscape can and will change.
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