top 5 richest people

He joined Tesla’s board in Dec. 2018 and stepped down in June 2022. In December 2020, Tesla joined the S&P 500, becoming the largest company added, and in January 2021, Musk became the richest person in the world—a title that has fluctuated alongside the value of Tesla. These billionaires can, however, still borrow against that wealth to avoid selling stock, deferring (or eliminating for heirs) taxes on unrealized capital gains in the process. Multi-billionaires can also take advantage of a panoply of tax deductions to offset reported income, leaving some on this list paying no income tax in recent years. America’s largest cardboard box factory to Donald Trump’s penthouse.

#7 Sergey Brin

When Ballmer retired from Microsoft, he purchased the Los Angeles Clippers team for $2 billion—a record high for an NBA team at the time. Page was a founding investor in asteroid mining company Planetary Resources, which was acquired by blockchain firm ConsenSys in 2018.

top 5 richest people

Mark Mateschitz

top 5 richest people

In 2004, Musk became a major funder of Tesla Motors (now Tesla), which led to his current position as CEO of the electric vehicle company. In addition to its line of electric automobiles, Tesla produces energy storage devices, automobile accessories, and, through its acquisition of SolarCity in 2016, solar power systems. Musk is also CEO and chief engineer of Space Exploration Technologies (SpaceX), a developer of space launch rockets. He was born in South Africa and attended a university in Canada before transferring to the University of Pennsylvania, where he earned bachelor’s degrees in physics and economics.

Mark Zuckerberg: $128 billion (+$24 billion)

Ranked No. 31 in 2020, Elon Musk rocketed into second place this year after Tesla shares increased more than 700%. Musk is now worth $151 billion—$126.4 billion more than last year. There were a record 2,755 https://po-nemnogy.ru/delaem-sami/drugie/retseptyi-samogona-3 billionaires in Forbes’ 2021 list of the world’s wealthiest people—660 more than a year ago. Her fortune lies in her ownership of shares in cosmetics giant L’Oreal, which she inherited from her late mother.

It has grown to be the world’s largest social network, with 3.88 billion monthly users. He eventually stepped off the board in 2020 but told Forbes in early 2023 that he still spends about 10% of his time consulting with teams at Microsoft. Despite giving away $4.6 billion worth of his Berkshire Hathaway shares in mid-June, his fortune rose by more than $6 billion in July.

The World’s Richest People in 2024

  • Rising capital markets have buoyed Schwarzman’s alternative investments giant Blackstone, which has increased its assets under management from $564 billion to $684 billion in the past year.
  • That includes $5.3 billion in June, which helped knock him down in the ranks to No. 10 in early July for the first time in years.
  • We used stock prices and exchange rates from March 11, 2022 to calculate net worths.
  • Koch Industries CEO Charles Koch is on a quest to modernize his industrial giant, making $19 billion in technology-related investments since 2017.
  • It has grown to be the world’s largest social network, with 3.88 billion monthly users.

Some of its portfolio companies, such as automation startup Outrider, have partnered with Koch subsidiaries like paper-goods maker Georgia-Pacific. Charles and his brother David’s widow, Julia Koch, each own 42% of the firm. The duo stepped down as chief executive and president, respectively, of Google http://www.familiesforexcellentschools.org/news/nyc-parents-charter-school-leaders-to-demand-de-blasio-administration-stop-systematic-denial-of-charter-schools-seeking-public-space parent Alphabet in late 2019 amid a Congressional antitrust investigation but remain on the board and retain controlling stakes in it. Page has reportedly been riding out the pandemic in Fiji; Brin, whose yacht was recently spotted near Fiji and Tahiti, set up a Singapore branch of his family office.

Elon Musk: $226.6 billion

He and his wife, Penny, also made a second $500 million pledge to his alma mater, the University of Oregon, in July. Of Berkshire Hathaway ranks No. 7, up from No. 10 in early July after the world’s biggest philanthropist gave away another $5.3 billion worth of shares. Larry Ellison, cofounder of software giant Oracle, is No. 7 with https://hansaray.org.ua/ru/2021/11/smartfonov-lg-bolshe-ne-budet-kompanija-zakryvaet-jetot-biznes/ $93 billion. There are 2,668 billionaires around the globe, according to Forbes’ annual World’s Billionaires list, down 87 from the previous year. His fortune fell by an estimated $5 billion during September 2023. Between September 1 and October 1, Page’s fortune fell by about $5 billion as Alphabet shares dropped about 4%.

  • In late July, however, Zuckerberg’s fortune fell and Ellison regained the No. 4 spot.
  • He’s one of 19 on the list who made their money in energy—15 richer than in 2021—a bright spot during the market downturn, given the surging oil prices over the past year.
  • Arnault, the CEO and chairman of LVMH, has built the company into a behemoth with more than 70 brands, from Louis Vuitton and Christian Dior to Tiffany & Co. and Sephora.
  • It’s been a terrible year for many, but the good times keep on rolling for America’s richest.
  • Here are the 10 richest people in the world as of October 1, 2023 at 12 a.m.
  • Arnault still clocks in at No. 2 richest, but he’s worth about $22 billion less than a month ago, as a result of a nearly 11% drop in the price of luxury goods group LVMH’s share price.

Cards Against Humanity just sued Elon Musk for $15 million—Here’s why

top 5 richest people