Top 10 richest individuals on this planet

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The mixed internet value of the world’s high 10 richest people in June 2024 has reached almost $1.59 trillion, a rise of about $50 billion from the earlier month.

Forbes, which has tracked world billionaires since 1987, continues to watch these dynamic modifications by means of their real-time billionaire tracker.

French enterprise mogul, Bernard Arnault, was the world’s wealthiest particular person from February till late May 2024.

However, within the newest June 1 launch, Tesla and X, CEO, Elon Musk reclaimed the title of the world’s richest particular person, due to his new AI firm, xAI, which raised $6 billion, boosting his fortune to over $210 billion.

Bernard Arnault, who held the highest spot from February to May, noticed his wealth drop to $201.6 billion because of a decline in LVMH shares.

Mark Zuckerberg gained $12.6 billion, reaching $163.8 billion.

Bill Gates stays the ninth richest at $129.4 billion.

Here is an inventory of the highest 10 richest on this planet in June 2024:

1. Elon Musk

Elon Musk
Elon Musk

Net value: $210.3 billion
Source: Tesla, SpaceX, X (Twitter)
Age: 52
Residence: Austin, Texas
Citizenship: U.S.

Elon Musk is the CEO of Tesla, SpaceX, and social media firm X (previously Twitter), and founding father of xAI. He owns 13 per cent of Tesla and 74 per cent of X, which he purchased for $44 billion in October 2022.

Born in South Africa, Musk moved to Canada at 17, and attended Queen’s University after which the University of Pennsylvania.

In 2000, he co-founded PayPal, which was bought to eBay for $1.4 billion in 2002. Musk based SpaceX in 2002 and joined Tesla in 2004, changing into CEO in 2008.

He turned the world’s richest particular person in 2021, with a peak fortune of $320 billion.

Musk regained the highest spot in June 2023, briefly misplaced it in January 2024, however reclaimed it in May 2024 after xAI raised $6 billion.

2. Net value: $201.6 billion
Source: LVMH/ luxurious items
Age: 75
Residence: Paris
Citizenship: France

Bernard Arnault, CEO and chairman of LVMH fell to the second richest spot in late May 2024, overtaken by Elon Musk.

Arnault constructed LVMH into the most important luxurious items firm, with manufacturers like Louis Vuitton, Christian Dior, and Tiffany & Co.

He used $15 million from his father’s building fortune to purchase Christian Dior. All 5 of his youngsters work inside LVMH, with Alexandre, Frédéric, Delphine, Antoine, and Jean holding vital positions.

Arnault was the world’s richest particular person for many of the first half of 2023 and once more from February to late May 2024.

As of June 1, 2024, his fortune is $7.8 billion lower than a month in the past because of a dip in LVMH inventory.

3. Jeff Bezos


Net value: $194.7 billion
Source: Amazon
Age: 60
Residence: Miami, Florida
Citizenship: U.S.

Jeff Bezos based Amazon in 1994 and served as CEO till July 2021; he stays chairman. In the identical month, he went to house on a Blue Origin rocket, an organization he based and closely funds. His fortune elevated by $1.4 billion in May 2024 because of an increase in Amazon inventory.

Before Amazon, Bezos labored at hedge fund D.E. Shaw in New York. Amazon began as a web-based bookseller and expanded into cloud storage and media manufacturing. Bezos was the world’s richest particular person from 2018 to 2021 however dropped to second in 2022.

In 2019, Bezos divorced MacKenzie Scott, who acquired 4 per cent of Amazon shares whereas he stored 12 per cent.

He now owns just below 10% of the corporate, having bought over $27 billion in inventory since Amazon went public in 1997. Through Bezos Expeditions, he has invested in corporations like Airbnb and Workday.

4. Mark Zuckerberg

Meta CEO, Mark Zuckerberg

Net value: $163.8 billion
Source: Meta (Facebook)
Age: 40
Residence: Palo Alto, California
Citizenship: U.S.

Mark Zuckerberg co-founded Facebook, now Meta Platforms, at Harvard in 2004.

Meta, the world’s largest social community, has over 3 billion month-to-month customers and owns Instagram and WhatsApp.

Zuckerberg, Meta’s CEO, took the corporate public in 2012 and owns about 13 per cent of it. He and his spouse, Priscilla Chan, pledged 99 per cent of their Meta inventory to philanthropic efforts, aiming to develop instruments to remedy, handle, or stop all illnesses by the century’s finish.

Zuckerberg reentered the highest 10 richest in the summertime of 2023 because of an increase in Meta’s inventory. In May 2024, his fortune elevated by $12.6 billion as Meta’s inventory climbed 8.5 per cent.

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5. Larry Ellison
Net value: $146.2 billion
Source: Oracle
Age: 79
Residence: Woodside, California
Citizenship: U.S.

Larry Ellison co-founded Oracle in 1977 and served as CEO till 2014; he’s now chairman and chief expertise officer. Oracle has made vital acquisitions, together with Sun Microsystems for $7.4 billion in 2010.

In 2012, Ellison purchased 98% of the Hawaiian island of Lanai for $300 million. He additionally owns properties in California and Nevada and invested in Tesla, serving on its board from 2018 to August 2022.

In February 2024, Ellison was overtaken by Mark Zuckerberg and fell to the fifth richest. In May, his internet value elevated by $3.4 billion.

6. Larry Page
Net value: $142.9 billion

Larry Page
Google co-founder Larry Page

Source: Google
Age: 51
Residence: Palo Alto, California
Citizenship: U.S.

Page co-founded Google with Sergey Brin in 1998, serving as CEO from 1998 to 2001 and from 2011 to 2015.

He at present sits on Alphabet’s board and stays a significant shareholder.

Additionally, he was an early investor in Planetary Resources, later acquired by ConsenSys.

Page’s wealth surged because of elevated Alphabet shares, rising $7.5 billion in May 2024 following a $9 billion bounce in April.

7. Warren Buffett

Warren Buffett

Net value: $137 billion
Source: Berkshire Hathaway
Age: 93
Residence: Omaha, Nebraska
Citizenship: U.S.

Warren Buffett, referred to as the “Oracle of Omaha,” heads Berkshire Hathaway, which owns corporations like Geico, Duracell, and Dairy Queen.

He started investing at 11, co-founded the Giving Pledge in 2010, and has pledged to donate 99% of his wealth.

His donations, primarily in Berkshire Hathaway inventory, whole over $51.5 billion, making him probably the most beneficiant billionaire globally.

In May 2024, his wealth rose by $6 billion, pushed by Berkshire Hathaway’s share value improve.

8. Sergey Brin

Net value: $136.9 billion
Source: Google
Age: 50
Residence: Los Altos, California
Citizenship: U.S.

Brin, alongside Larry Page, co-founded Google whereas pursuing their Stanford laptop science PhDs.

He at present sits on Alphabet’s board and holds a major share. Brin’s wealth surged by $7 billion in May 2024.

Despite semi-retirement, he contributed to Google’s Gemini AI chatbot and was a key contributor to its launch.

Brin is the main particular person donor for Parkinson’s illness analysis, contributing $1.25 billion to numerous initiatives, together with Aligning Science Across Parkinson’s, a collaborative effort led by his group.

9. Bill Gates

Bill Gates
Bill Gates

Net value: $129.4 billion
Source: Microsoft, investments
Age: 68
Residence: Medina, Washington
Citizenship: U.S.

Gates, fascinated by laptop programming in his teenagers, co-founded Microsoft with Paul Allen in 1975, pioneering software program for private computer systems. He served as CEO for 25 years and remained chairman till 2014.

Despite stepping off the board in 2020, he nonetheless advises Microsoft groups part-time. Gates has various investments in quite a few corporations, together with Republic Services and Deere & Co., and owns vital farmland within the U.S.

Forbes first acknowledged Gates as a billionaire in 1987, and he held the title of the world’s richest particular person from 1995 to 2017, apart from transient durations. He has donated over $59 billion to the Gates Foundation, shedding the highest spot to Jeff Bezos in 2018. Following his divorce from Melinda French Gates in 2021, she acquired an estimated $10 billion in property.

In May 2024, Gates’ fortune elevated by round $2.4 billion, sustaining his No. 9 rank, although it’s the bottom he’s ranked in a long time as others surpass him.

10. Steve Ballmer
Net value: $123.2 billion
Source: Microsoft, Clippers, investments
Age: 68
Residence: Hunts Point, Washington
Citizenship: U.S.

Ballmer, a Harvard classmate of Bill Gates, joined Microsoft as its thirtieth worker in 1980 after leaving Stanford’s MBA program. He served as CEO from 2000 to 2014.

After leaving Microsoft, Ballmer purchased the Los Angeles Clippers for $2 billion, setting an NBA file. Forbes now estimates the group’s worth at $4.65 billion.

Ballmer’s wealth surged by roughly $6 billion final month because of an increase in Microsoft inventory. He and his spouse, Connie, rank amongst America’s high 25 philanthropists.

Who is the richest lady on this planet?

The richest lady globally is Francoise Bettencourt Meyers from France.

With an estimated internet value of $99 billion as of June 1, 2024, she ranks because the fifteenth richest particular person worldwide.

Meyers inherited her wealth from her late mom, primarily by means of her possession stake in cosmetics large L’Oreal, based by her grandfather.



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