msn moey Top ten Richest people in the world 2023 || msn money
1. Bernard Arnault
Net worth$236.7 B
Source LVMH/ luxury goods
Age 74
Residence Paris
Citizenship France Bernard Arnault is CEO and president of LVMH, the largest luxury goods company in LVMH, the largest luxury goods company in the world, boasts an impressive portfolio of approximately 70 fashion and cosmetics brands that encompass renowned names such as Louis Vuitton, Christian Dior, Moet & Chandon, and Sephora.. In January 2021, LVMH acquired jeweler Tiffany &Co. for$15.8 billion. Arnault’s father made millions in the construction business; to get his launch, Arnault used$ 15 million of that fortune to buy Christian Dior.
2. Elon Musk
Net worth$172.7 B
Source Tesla, SpaceX, Twitter
Age 51
Residence Austin, Texas
CitizenshipU.S. Musk is CEO of electric auto company Tesla, rocket establishment SpaceX and social media company Twitter Elon Musk holds a substantial stake in Tesla,msn money with ownership of approximately 23% of the company’s stock and options. However, it is noteworthy that he has utilized more than half of his Tesla shares as collateral for loans. The auto company accounts for about two- thirds of his fortune. He bought Twitter for$ 44 billion in October 2022 and owns an estimated 74 of the social media company, which is now worth lower than half what he paid for it. His fortune fell by nearly$ 30 billion between April 1, 2023 and May 1, 2023, substantially due to a drop in the share price of Tesla.
3. Jeff Bezos
Net worth$127.4 B
Source Amazon
Age 59
Residence Medina, Washington
CitizenshipU.S. Jeff Bezos stepped down as CEO ofe-commerce mammoth Amazon in July 2021 but remains president; that same month he went to space on a rocket erected by private rocket company Blue Origin, which he innovated and has funded with billions of bones
. During the period between April 1 and May 1, 2023, Jeff Bezos experienced a notable increase in his wealth, with his fortune rising by $1 billion. Bezos, msn money famously known for founding the online retail giant Amazon.com, embarked on this entrepreneurial journey in his Seattle garage back in 1994. His entrepreneurial spirit led him to establish Amazon.com after leaving his job at the New York-based hedge fund, D.E. Shaw. Shaw. Amazon began as an online bookmaker at a time when many people bought goods online. The company grew to dominate pall.
4. Larry Ellison
Net worth$118.5 B
Source Oracle
Age 78
Residence Lanai, Hawaii
CitizenshipU.S. Larry Ellison cofounded software establishment Oracle in 1977 and ran it as CEO until 2014; he now serves as president and Chief Technology Officer of the company. msn money Over the times Oracle has made a series of large accessions, buying Sun Microsystems in 2010. In 2012, Ellison bought the Hawaiian islet of Lanai for$ 300 million.
5. Warren Buffett
Net worth$115.7 B
Source Berkshire Hathaway
Age 92
Residence Omaha, Nebraska
CitizenshipU.S. Warren Buffett, widely recognized as the “Oracle of Omaha,” has earned a stellar reputation as one of the most accomplished investors in history. msn money He presides over the vast investing empire of Berkshire Hathaway, which boasts ownership of numerous companies across various industries. Within Berkshire Hathaway’s extensive portfolio, notable holdings include insurance provider Geico, battery manufacturer Duracell, and the popular fast-food chain Dairy Queen. The son of aU.S. solon, he first bought stock at age 11 and first filed levies at age 13.
6. Bill Gates
Net worth$113.5 B
Source Microsoft, investments
Age 67
Residence Medina, Washington
CitizenshipU.S. As a teenager, Gates came passionate about computer programming. He dropped out of Harvard to cofound software establishment Microsoft with his high academy friend Paul Allen in 1975, creating one of the first software programs available for the incipient particular computer assiduity. He was CEO of the company for 25 times and remained president until 2014. He ultimately stepped off the board in 2020 but told Forbes in early 2023 that he still spends about 10 of his time consulting with brigades at Microsoft. These days he has investments in dozens of companies including waste junking establishment Republic Services and agrarian outfit maker Deere &Co., and is one of the largest possessors of cropland in theU.S.
7. Carlos Slim Helu
Net worth$96.7 B
Source telecom, investments
Age 83
Residence Mexico City
Citizenship Mexico Carlos Slim Helu, with a net worth of $96.7 billion, has made his mark in the telecom industry and investments. Together with his family, he wields significant control over América Móvil, the largest mobile telecommunications company in Latin America. With its expansive reach and influence, América Móvil has become a prominent player in the region’s mobile communications sector under the guidance of Carlos Slim Helu.telecom establishment, with operations in at least 15 countries. Slim and some foreign telecom mates acquired Telmex, the government- possessed phone company, in 1990. Telmex came a part of América Móvil. He used to enjoy 17 of the New York Times, but vended the stake in 2021.
8. Steve Ballmer
Net worth$95.6 billion
Source Microsoft, investments
Age 67
Residence Hunts Point, Washington
CitizenshipU.S. Steve Ballmer, a U.S. citizen residing in Washington, had a significant role in shaping the success of Microsoft. Notably, he was a classmate of Bill Gates at Harvard University and went on to become the CEO of Microsoft, leading the company from 2000 to 2014. Ballmer’s journey with Microsoft began in 1980 when he joined as the company’s 30th employee, even after dropping out of the MBA program at Stanford University. His early involvement and subsequent rise within Microsoft demonstrate his integral contributions to the company’s growth and development. msn money The time that Ballmer retired from Microsoft, he bought the Los Angeles Clippers platoon for$ 2 billion — a record high for an NBA platoon at the time. Forbes now values the platoon at$3.9 billion.
9. Francoise Bettencourt Meyers
Net worth$95.2 billion
Source L’Oreal
Age 69
Residence Paris, France
Citizenship France Francoise Bettencourt Meyers, granddaughter of the author of cosmetics giant L’Oreal, is the richest woman in the world. Bettencourt Meyers and her family enjoy around 33 of L’Oreal stock. She has served on L’Oreal’s board since 1997 and is cochairwoman of the family holding company. Bettencourt Meyers inherited her fortune in 2017 after the death of her mama , Liliane Bettencourt. She serves as chairman of her family’s humanitarian foundation, which encourages progress in wisdom and the trades.
10. Michael Bloomberg
Net worth$94.5 billion
Source Bloomberg LP
Age 81
Residence New York City
CitizenshipU.S. Following his departure from investment bank Salomon Brothers, Michael Bloomberg seized the opportunity to create his own financial information and news company, Bloomberg LP, in 1981. Bloomberg’s entrepreneurial spirit and determination fueled the innovation of this company, which has since become a prominent player in the provision of comprehensive fiscal information and news. His career trajectory showcases his resilience and ability to transform setbacks into successful ventures, establishing him as a notable figure in the financial industry. He put the seed backing in and now owns 88 of the business, which has earnings north of$ 12 billion. He took a break from running his business after being tagged as mayor of New York City, a position he held from 2002 through 2013.