Top 10 richest person in the world 2023

FILE - Elon Musk attends The Metropolitan Museum of Art's Costume Institute benefit gala celebrating the opening of the "In America: An Anthology of Fashion" exhibition on Monday, May 2, 2022, in New York. Elon Musks more unfettered version of Twitter could collide with new rules in Europe. Officials warn the social media company will have to comply with some of the worlds toughest laws targeting toxic content. (Photo by Evan Agostini/Invision/AP, file) (Evan Agostini, AP) Steve Ballmer (U.S) - $78.5 billion from Microsoft Bloomberg report. “His fortune peaked at $340 billion on Nov. 4, 2021, and he remained the world’s richest person until he was overtaken this month by Bernard Arnault, the French tycoon behind luxury-goods powerhouse LVMH,” Bloomberg reported. Shares for Tesla have plummeted this year despite year-over-year profit and revenue growth. Musk’s recent acquisition of Twitter may have also led to a decline in net worth for the former richest man in the world. He purchased the social media platform for $44 billion in late October. More headlines: •

(Image credit: Kimberly White) Larry Ellison, the founder of The billionaire founded the computer technology company Oracle in 1977 and has expanded it to specialize in hardware, enterprise software and cloud computing. Ellison's inspiration to start the business came from working on a project with the CIA where he had to create a database. 3. Jeff Bezos (Image credit: Rodin Eckenroth ) In third place comes Jeff Bezos with a net worth of around $148.2 billion, Forbes reports. Bezos is known for founding It all started when Bezos was working on Wall Street and saw a gap in the market for selling products online and its potential. After selling books, he branched out to other products, such as household goods and electronics, and the success came from his business model, focusing on great customer service and low prices. The entrepreneur also has other investments, including The Washington Post and Blue Origin. 2. Bernard Arnault (Image credit: STEFANO RELLANDINI) Billionaire, businessman and the chairman and chief executive of LVMH ( LVMH is the biggest luxury goods company in the world and owns more than 70 high-end brands including Louis Vuitton, Givenchy and Fendi. Arnault is known for taking struggling brands under his wing and making them profitable. As a result, Arnault's net worth rose by $53 billion since last year and LVMH shares surged 18% due to high demand, according to Forbes. The billionaire was born on March 5, 1949, in Roubaix, a city in northern France, and...

With every passing year, more opportunities arise for the rich and elite in the world to claim a spot as one of the richest people in the world. It’s the ultimate achievement in the world of the rich. While some have held on to their positions, others have been succeeded by new leaders and innovators. Including the top 10 on this list, there are 1,810 billionaires recorded in the world today, their combined net worths totaling over 6.5 trillion dollars. 10. Mukesh Ambani – $90.7 Billion Mukesh Ambani is the managing director and chairman of Reliance Industries Ltd., a Fortune 500 company that’s also the most valuable company in India by market value. The second richest person in Asia, he has a current net worth of $90.7 billion. Raised in Mumbai, he attended the Institute of Chemical Technology, from which he received a bachelor’s degree in chemical engineering. He later attended Stanford University for a short period before returning to India to help his father’s business. By then, the company, Reliance Industries Limited, had already expanded so that it dealt with petrochemicals and refining. Fast forward to 2023 and the business has become one of the most profitable companies in India. Not only that but they’re also the largest employer in India with more than 360,000 employees worldwide. In 2022 alone, their net income was over $8.5 billion USD. Aside from managing the company, he’s also the President of Pandit Deendayal Petroleum University and a Member of...