Generating fortunes through industries, investments, and business activities, continue to make headlines with philanthropy and global economic contributions.
Here are Top ten richest people in 2023
1. Bernard Arnault & family Net worth: $211 Billion
.png)
French luxury goods tycoon Arnault has topped the World's Billionaires list for the first time, thanks to a banner year at (Louis Vuitton Moët Hennessy)LVMH. His fortune has grown by $53 billion in the past 12 months, making him the wealthiest billionaire. Arnault is now planning for succession, proposing a reorganization of his holding company, Agache, to give equal stakes to his five children.
2. Elon Musk Net worth: $180 Billion
Musk's $44 billion Twitter takeover has led to a 50% drop in Tesla stock, outpacing the tech-heavy Nasdaq's 18% drop. Investors have bemoaned the $23 billion Tesla shares he sold to finance the acquisition. SpaceX's valuation has soared to nearly $140 billion in a tender offer, up from $127 billion last May. Musk's worth is $39 billion less than a year ago.
3. Jeff Bezos Net worth: $114 Billion
Bezos, Amazon CEO since 2021, has ventured into space with Blue Origin, built a $500 million superyacht, and increased philanthropy through Bezos Academy and Earth Fund grants. However, his fortune has declined by $57 billion, the largest loss of any billionaire, due to a 38% decline in Amazon stock.
4. Larry Ellison Net worth: $107 Billion
The Oracle chairman and former CEO climbed four ranks despite a difficult year in technology, as Oracle shares jumped 10% on excellent results and a focus on security. Ellison paid $173 million for one of Florida's most expensive properties this summer, adding to his collection of glamorous real estate, which includes the Hawaiian island of Lanai, where he lives. After four years on Tesla's board, he stepped down in August.
5. Warren Buffett Net worth: $106 Billion
Buffett has spent $90 billion of Berkshire Hathaway's capital over the last three years on stock buybacks and the $11.5 billion acquisition of insurance giant Alleghany Corp. Which concluded in October. The Oracle of Omaha, a market crisis veteran, reportedly warned the Biden administration about bank runs and discussed prospective investments in regional banks in late March.
6. Bill Gates Net worth: $104 Billion
Microsoft's former CEO, Bill Gates, still spends 10% of his time working with teams, including OpenAI, focusing on generative artificial intelligence tools like ChatGPT. Gates believes this is as important as the PC and internet.
7. Michael Bloomberg Net worth: $94.5 Billion
Bloomberg LP cofounder's fortune grew, reaching $13.3 billion in 2022, up from $12.5 billion in 2021. He donated $1.7 billion to charity.
8. Carlos Slim Helú & family Net worth: $93 Billion
América Móvil, a pan-Latin American mobile phone firm, saw New York-listed shares rise 14% in the past year, raising Slim's fortune by nearly $12 billion. This puts him among the world's ten richest people for the first time since 2019. Slim also listed his historic Manhattan mansion for $80 million, nearly twice his 2010 purchase price.
9. Mukesh Ambani Net worth: $83.4 Billion
Ambani regained his position as Asia's richest man after Gautam Adani's decline. Reliance Industries, Ambani's oil-to-telecom company, surpassed $100 billion in revenue last year. Ambani's children held key roles, with son Akash chairman of Jio Infocomm, daughter Isha retail head, and son Anant working in Reliance's energy ventures.
10. Steve Ballmer Net worth: $80.7 Billion
Ballmer's L.A. Clippers are building a $2 billion arena, despite a $10 billion decline in fortune due to Microsoft shares slump. The team's value is expected to rise in 2024.
Amassed fortunes through various industries and investments. These billionaires have built their wealth through hard work, innovation, and strategic investments. Despite some declines in net worth, they continue to make headlines with their business ventures, philanthropy, and contributions to global economies.
Comments
Post a Comment