January 2024 Billionaire Rankings: The World’s 10 Wealthiest Men and Their Sources of Wealth

10 Richest Men in the World
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The landscape of the world’s wealthiest individuals continues to evolve, reflecting changes in global markets, technological advancements, and shifting economic paradigms. This updated list of the 10 richest men in January 2024 showcases these billionaires’ immense wealth and provides insights into the economic trends and business successes that have shaped their fortunes.

Rank Name Net Worth (USD Billion) Change Source(s) of Wealth Country/Territory
1 Elon Musk 251.60 0.28 (+11.00%) Tesla, SpaceX United States
2 Bernard Arnault & family 197.80 -2.79 (-141.00%) LVMH France
3 Jeff Bezos 172.10 -2.08 (-121.00%) Amazon United States
4 Larry Ellison 133.90 -1.38 (-103.00%) Oracle United States
5 Mark Zuckerberg 121.80 -3.36 (-276.00%) Facebook United States
6 Warren Buffett 119.90 1.32 (+110.00%) Berkshire Hathaway United States
7 Bill Gates 119.10 -0.56 (-47.00%) Microsoft United States
8 Larry Page 115.90 -1.26 (-109.00%) Google United States
9 Sergey Brin 111.20 -1.19 (-107.00%) Google United States
10 Steve Ballmer 110.70 -1.42 (-128.00%) Microsoft United States

1. Elon Musk – Net Worth: $251.60 Billion

Change: +11.00% | Source of Wealth: Tesla, SpaceX | Country: United States Elon Musk has reclaimed his position as the world’s richest man, thanks to a significant increase in his wealth, driven largely by the successes of Tesla and SpaceX. His ventures continue to revolutionize the automotive and aerospace industries, reinforcing his status as a leading figure in global technology.

Elon Musk

2. Bernard Arnault & Family – Net Worth: $197.80 Billion

Change: -141.00% | Source of Wealth: LVMH | Country: France Despite a substantial decrease in net worth, Bernard Arnault remains a dominant figure in the luxury goods sector. His diverse portfolio under LVMH, encompassing some of the most prestigious brands in the world, continues to symbolize the enduring value of high-end consumer goods.

3. Jeff Bezos – Net Worth: $172.10 Billion

Change: -121.00% | Source of Wealth: Amazon | Country: United States Jeff Bezos, the founder of Amazon, has experienced a decline in his net worth. However, he remains a central figure in e-commerce and space exploration, highlighting the impact of online retail and technological innovation on global wealth.

Jeff Bezos

4. Larry Ellison – Net Worth: $133.90 Billion

Change: -103.00% | Source of Wealth: Oracle | Country: United States As the co-founder of Oracle, Larry Ellison’s wealth reflects his foresight in technology, particularly in cloud computing. Despite a decrease in his net worth, Ellison’s impact on the tech industry remains significant.

Larry Ellison

5. Mark Zuckerberg – Net Worth: $121.80 Billion

Change: -276.00% | Source of Wealth: Facebook | Country: United States Mark Zuckerberg sees a significant decrease in wealth, which may reflect the challenges faced in the social media and tech industries. His leadership at Facebook (now Meta Platforms) continues to be pivotal in shaping digital communication.

Mark Zuckerberg

6. Warren Buffett – Net Worth: $119.90 Billion

Change: +110.00% | Source of Wealth: Berkshire Hathaway | Country: United States Warren Buffett’s net worth has seen an impressive increase, underscoring his investment prowess and the diversified success of Berkshire Hathaway across various sectors.

Warren Buffett

7. Bill Gates – Net Worth: $119.10 Billion

Change: -47.00% | Source of Wealth: Microsoft | Country: United States Bill Gates remains a key figure in the tech industry, partly attributed to Microsoft’s enduring influence in software and technology.

Bill Gates

8. Larry Page – Net Worth: $115.90 Billion

Change: -109.00% | Source of Wealth: Google | Country: United States Co-founder of Google, Larry Page, remains a major player in the tech world. Despite decreased net worth, his role in Alphabet and Google’s ongoing innovations keeps him at the top.

Larry Page

9. Sergey Brin – Net Worth: $111.20 Billion

Change: -107.00% | Source of Wealth: Google | Country: United States Sergey Brin, alongside Larry Page, has shaped the internet era. His position reflects the global impact of Google and its parent company, Alphabet.

Sergey Brin

10. Steve Ballmer – Net Worth: $110.70 Billion

Change: -128.00% | Source of Wealth: Microsoft | Country: United States Former CEO of Microsoft, Steve Ballmer, remains among the richest, highlighting the long-term value of Microsoft and its influence in the global technology landscape.

Steve Ballmer

This list offers a snapshot of these individuals’ immense wealth and influence, alongside the fluctuations in their fortunes. It provides a glimpse into the industries and businesses driving the global economy, from technology and luxury goods to investments and e-commerce. As 2024 progresses, it will be interesting to observe how these billionaires navigate the economic challenges and opportunities that lie ahead.

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