Top 10 Names of the World's Richest Individuals as of 5th August 2023
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Elon Musk secures the leading spot on the roster of the world's wealthiest individuals. He claims the coveted title of the Richest Person globally, boasting an impressive net worth of $239.3 billion.
The Global Billionaires Index, also known as the Live Billionaires Register, is a yearly assessment of the planet's most affluent billionaires, determined by their documented net value. Forbes Magazine is responsible for its creation and release every March, with the initial iteration of this classification seeing the light of day in 1987.
- 1. Elon Musk: Pioneering Visionary
- 2. Bernard Arnault & family: Luxury Powerhouse
- 3. Jeff Bezos: Ecommerce Visionary
- 4. Larry Ellison: Tech Mogul and Innovator
- 5. Bill Gates: Tech Trailblazer and Philanthropist
- 6. Warren Buffet: The Oracle of Omaha
- 7. Mark Zuckerberg: Social Media Titan
- 8. Larry Page: Architect of Digital Exploration
- 9. Sergey Brin: Google's Innovator
- 10. Steve Ballmer: Tech Visionary and Investor
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Each individual's estimated overall value is calculated through a combination of their declared holdings, accounting for liabilities and additional factors. This classification unveils the total net value of each person in terms of US currency. It's important to note that this compilation excludes royalties or autocrats whose riches stem from their official positions.
Compilation of Leading 10 Tycoons as of August 5th, 2023
Securing the foremost rank among the league of billionaires is Elon Musk. He holds the distinguished title of being the globe's wealthiest individual, boasting a staggering fortune amounting to $239.3 billion. His abundant wealth predominantly emanates from the ventures of Tesla and SpaceX, contributing substantially to his financial prosperity.
| S. No. | Name | Net worth (in Billions) | Country |
| 1. | Elon Musk | $240.7 | United States |
| 2. | Bernard Arnault & family | $231.4 | France |
| 3. | Jeff Bezos | $154.9 | United States |
| 4. | Larry Elison | $146.1 | United States |
| 5. | Bill Gates | $119.3 | United States |
| 6. | Warren Buffet | $117.4 | United States |
| 7. | Mark Zuckerberg | $115.2 | United States |
| 8. | Larry Page | $111.9 | United States |
| 9. | Sergey Brin | $106.2 | United States |
| 10. | Steve Ballmer | $103.4 | United States |
Wealthiest Individual in India as of August 2023
1. Elon Musk: Pioneering Visionary
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Net worth: $240.7B
Source: Tesla and SpaceX
Residence: Austin, Texas
Citizenship: United StatesTopping the list is Elon Musk, an entrepreneur with an indomitable spirit. Co-founder of SpaceX, Tesla, and the Boring Company, Musk's wealth is closely tied to Tesla's success. Notably, he made headlines by acquiring Twitter in 2022 for a staggering $44 billion.
2. Bernard Arnault & family: Luxury Powerhouse
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Net worth: $231.4B
Source: LVMH
Residence: Paris
Citizenship: France
In the realm of luxury, Bernard Arnault reigns supreme. As CEO of Moet Hennessy Louis Vuitton (LVMH), he oversees a conglomerate of iconic fashion and cosmetic brands. His strategic acquisitions, including the purchase of jeweler Tiffany & Co., have propelled his wealth to remarkable heights.
3. Jeff Bezos: Ecommerce Visionary
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Net worth: $154.9B
Source: Amazon
Residence: Medina, Washington
Citizenship: United States
A pioneer of ecommerce, Jeff Bezos stepped down as Amazon's CEO but remains a driving force behind the retail giant. He also boasts interests in aerospace with The Washington Post and Blue Origin, a company dedicated to space travel.
4. Larry Ellison: Tech Mogul and Innovator
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Net worth: $146.1B
Source: Oracle
Residence: Lanai, Hawaii
Citizenship: United States
Larry Ellison's legacy is intertwined with Oracle, a software giant he co-founded. With a 35% stake and roles as chief technology officer and chairman, Ellison's influence in the tech world is formidable. His foray into Tesla shares and leadership at Oracle have solidified his financial prowess.
5. Bill Gates: Tech Trailblazer and Philanthropist
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Net worth: $119.3B
Source: Microsoft
Residence: Medina, Washington
Citizenship: United States
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Co-founder of Microsoft, Bill Gates remains a tech luminary. Notable for his investments in zero-carbon energy and diverse ventures, Gates is a key player in various industries. His significant farmland ownership and strategic investments have contributed to his wealth.
6. Warren Buffet: The Oracle of Omaha
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Net worth: $117.4B
Source: Berkshire Hathaway
Residence: Omaha, Nebraska
Citizenship: United States
With a reputation as a master investor, Warren Buffet leads Berkshire Hathaway, an investment conglomerate spanning diverse companies. Geico, Duracell, and Dairy Queen are just a few of the entities under his vast umbrella.
7. Mark Zuckerberg: Social Media Titan
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Net worth: $115.2B
Source: Meta
Residence: Palo Alto, California
Citizenship: United States
The visionary behind Facebook and Meta Platforms, Mark Zuckerberg has reshaped social media. Holding roles as executive chairman and CEO, his influence in the tech landscape is immense.
8. Larry Page: Architect of Digital Exploration
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Net worth: $111.9B
Source: Google
Residence: Palo Alto, California
Citizenship: United States
Co-founder of Google, Larry Page's impact on digital navigation is unparalleled. His creation of PageRank revolutionized online searches, earning him accolades and a significant net worth.
9. Sergey Brin: Google's Innovator
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Net worth: $106.2B
Source: Google
Residence: Los Altos, California
Citizenship: United States
Partnering with Larry Page, Sergey Brin co-founded Google and Alphabet Inc. His pioneering efforts reshaped digital information dissemination.
10. Steve Ballmer: Tech Visionary and Investor
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Net worth: $103.4B
Source: Microsoft
Residence: Hunts Point, Washington
Citizenship: United States
Former Microsoft CEO Steve Ballmer rounds out the top 10. His tenure at Microsoft and ownership of the Los Angeles Clippers have contributed to his impressive wealth.
These individuals represent the pinnacle of financial success, each carving their own unique path in industries ranging from technology and luxury goods to finance and beyond. As the world evolves, their influence continues to shape our economic landscape.
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