The World’s 10 Richest People (September 2024)

Elon Musk continues to top the list of The World’s 10 Richest People (September 2024), while fluctuations in tech stocks have led to significant shifts among other members of the top 10. Larry Ellison dropped one spot, and Bill Gates surpassed the Google co-founders, climbing two positions.

For the second consecutive month, the volatility in tech stocks has altered more than half of the names on the list of the world’s richest people. Mark Zuckerberg, CEO of Meta, regained the fourth position, swapping places with Larry Ellison. Warren Buffett overtook Larry Page, Google’s co-founder, and Bill Gates ascended to the seventh spot, surpassing both Google co-founders by midnight on September 1.

Elon Musk remains firmly in first place, with an estimated fortune of $243.7 billion, $3 billion more than the previous month, thanks to an increase in SpaceX’s valuation. Musk recently made headlines for harshly criticizing a Brazilian Supreme Court judge after the freezing of the bank accounts of his satellite internet company, Starlink, which led Brazilian regulators to shut down X on August 30.

The biggest beneficiary in the past month was Zuckerberg, whose fortune grew by nearly $14 billion, reaching $180.5 billion, due to a 9% increase in Meta Platforms’ stock. This surge placed him ahead of Oracle’s chairman, Larry Ellison, in the fourth position. Zuckerberg and Ellison have swapped places multiple times this year.

In contrast, Jeff Bezos, Amazon’s chairman, suffered the most significant loss among this elite group, with his fortune shrinking by $7.8 billion to $197 billion due to a decline in Amazon’s stock. Despite this loss, Bezos remained in second place, but the gap between Musk and Bezos widened to nearly $47 billion on September 1, up from $36 billion in early August.

Gates’ rise to seventh place—from ninth in August—was partly due to a drop in Alphabet’s stock price, the parent company of Google, which reduced Larry Page and Sergey Brin’s fortunes by more than $6 billion each. They now occupy the eighth and ninth spots, respectively.

Collectively, the world’s ten richest people hold a fortune of $1.66 trillion, an increase of $31 billion compared to the previous month.

Elon Musk

• Fortune: $243.7 billion
• Source: Tesla, SpaceX, X (Twitter)
• Age: 53 years
• Residence: Austin, Texas
• Nationality: USA

Musk, CEO of Tesla and SpaceX, as well as Chairman and CTO of X (formerly Twitter), remains the richest person in the world. His fortune increased by $3 billion last month, partly due to the rise in the value of his 42% stake in SpaceX. Throughout his career, Musk has been a key figure in the evolution of technology and business, known for his roles in Tesla, SpaceX, and PayPal.

Jeff Bezos

• Fortune: $197 billion
• Source: Amazon
• Age: 60 years
• Residence: Miami, Florida
• Nationality: USA

Bezos, founder of Amazon, saw his fortune decrease by $7.8 billion during August due to a drop in the company’s stock. Despite the loss, he remains in second place on the list of the world’s richest people.

Bernard Arnault

• Fortune: $189.7 billion
• Source: LVMH / Luxury Goods
• Age: 75 years
• Residence: Paris
• Nationality: France

Arnault, CEO and Chairman of luxury group LVMH, remains in third place. His fortune increased by $10.2 billion in August due to a 3% rise in LVMH’s stock.

Mark Zuckerberg

• Fortune: $180.5 billion
• Source: Meta (Facebook)
• Age: 40 years
• Residence: Palo Alto, California
• Nationality: USA

Zuckerberg, co-founder and CEO of Meta, saw a significant increase in his fortune, rising to fourth place on the list of the world’s richest people after a 9% increase in Meta’s stock in August.

Larry Ellison

• Fortune: $174.7 billion
• Source: Oracle
• Age: 80 years
• Residence: Woodside, California
• Nationality: USA

Ellison, co-founder of Oracle, fell to fifth place, although his fortune increased by $2 billion over the past month.

Warren Buffett

• Fortune: $149.9 billion
• Source: Berkshire Hathaway
• Age: 94 years
• Residence: Omaha, Nebraska
• Nationality: USA

Buffett, known as the “Oracle of Omaha,” rose from seventh to sixth place on the list of the richest people, with an $11.6 billion increase in his fortune in August, thanks to the rise in Berkshire Hathaway’s stock.

Bill Gates

• Fortune: $137.2 billion
• Source: Microsoft, Investments
• Age: 68 years
• Residence: Medina, Washington
• Nationality: USA

Gates, co-founder of Microsoft, climbed to seventh place, recovering two positions last month with a $6.3 billion increase in his fortune.

Larry Page

• Fortune: $136.1 billion
• Source: Google
• Age: 51 years
• Residence: Palo Alto, California
• Nationality: USA

Page, co-founder of Google, fell to eighth place after his fortune decreased by $6.1 billion due to a 5% drop in Alphabet’s stock.

Sergey Brin

• Fortune: $130.4 billion
• Source: Google
• Age: 51 years
• Residence: Los Altos, California
• Nationality: USA

Brin, also a co-founder of Google, dropped to ninth place after losing $5.7 billion in August.

Steve Ballmer

• Fortune: $122.5 billion
• Source: Microsoft, Clippers, Investments
• Age: 68 years
• Residence: Hunts Point, Washington
• Nationality: USA

Ballmer, former CEO of Microsoft and owner of the Los Angeles Clippers, remained in tenth position despite a $1.5 billion decrease in his fortune.

Who is the Richest Man in the World?

Elon Musk is the richest person in the world as of September 1, 2024, with a fortune of $243.7 billion. He regained the top spot in May 2024.

Who is the Richest Woman in the World?

Françoise Bettencourt Meyers is the richest woman in the world, with an estimated fortune of $89.8 billion as of September 1, 2024. She inherited her stake in the cosmetics giant L’Oréal.

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