Business

Top 10 richest individuals on this planet as of May 1, 2024

Bernard Arnault, CEO of LVMH, the world’s main luxurious items firm, continues to dominate because the world’s wealthiest particular person as of May 1, 2024.

Forbes’ real-time billionaires record confirms Arnault’s ongoing reign on the prime, a place he has held since February 2024, intently trailed by Elon Musk, the visionary behind Tesla.

In a current flip of occasions, Jeff Bezos, the founding father of Amazon, briefly surpassed Musk in April 2024, securing the second place. However, Musk swiftly regained his standing after a outstanding 15 % surge in Tesla’s inventory on April 29, 2024, bolstering his web value by $14.5 billion, as reported by Forbes.

Musk’s current exploration of the electrical car panorama in China underscores his relentless drive for innovation. Despite trailing behind Arnault, Musk has narrowed the wealth hole, with Arnault’s fortune at the moment standing at $209.4 billion, roughly $10 billion greater than Musk’s.

Nevertheless, Arnault’s LVMH confronted a setback up to now month, experiencing a decline in its inventory worth, leading to a $17 billion lower in its fortune. Despite this, Arnault’s place because the world’s richest particular person stays unshaken.

In addition, Amazon Founder, Jeff Bezos, fell to the third place with a web value of $193.3 pillion, whereas Mark Zuckerberg’s Meta recorded a web value of $151.2 billion for the interval

Microsoft founder, Bill Gates, who reigned because the world’s richest particular person for about three a long time, noticed his value at $128 billion, making him the ninth richest particular person on this planet, down from the seventh spot a month in the past.

As of May 1, 2024, Francoise Bettencourt Meyers of France was the richest lady on this planet. She is estimated to be value $95.4 pillion and is the world’s fifteenth richest particular person

According to Forbes, Francoise’s fortune lies in her possession stake in cosmetics big L’Oreal, which she inherited from her late mom. Her grandfather was the founding father of L’Oreal, Eugène Schueller.

1. Bernard Arnault

Net value: $209.4 billion

Source: LVMH/ luxurious items Age: 75

Residence: Paris

Citizenship: France

2. Elon Musk

Net value: $199.6 billion

Source: Tesla, SpaceX, X (Twitter) Age: 52

Residence: Austin, Texas

Citizenship: U.S.

3. Jeff Bezos

Net value: $193.3 billion

Source: Amazon Age: 60

Residence: Miami, Florida

Citizenship: U.S

4. Mark Zuckerberg

Net value: $151.2 billion

Source: Meta (Facebook)

Age: 39 Residence: Palo Alto, California

5. Larry Ellison

Net value: $142.8 billion

Source: Oracle

Age: 79 Residence: Woodside, California

Citizenship: U.S.

6. Larry Page

Net value: $135.4 billion

Source: Google Age: 51

Residence: Palo Alto, California

Citizenship: U.S

7. Warren Buffett

Net value: $131 billion

Source: Berkshire Hathaway

Age: 93 Residence: Omaha, Nebraska

Citizenship: U.S.

8. Sergey Brin

Net value: $129.9 billion

Source: Google

Age: 50

Residence: Los Altos, California

Citizenship: U.S

9. Bill Gates

Net value: $127 billion

Source: Microsoft, investments

Age: 68 Residence: Medina, Washington

Citizenship: U.S.

10. Steve Ballmer

Net value: $117.1 billion

Source: Microsoft, Clippers, investments

Age: 68

Residence: Hunts Point, Washington

Citizenship: U.S

Source

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