Richest Man in the World Till 2nd August 2023, Top 10
Richest Man in the World Till 2nd August 2023, Top 10: The world’s Billionaires List or Real-Time Billionaires list is an annual ranking of the world’s wealthiest billionaires based on their recorded net worth. Forbes Magazine produces and publishes it every March. The first edition of this ranking was published in 1987.
Daily Current Affairs Quiz: August 2023
The net total worth of each person is approximated on the basis of their reported assets and accounting for debt and other considerations. The list revealed each person’s net total worth in US dollars. These rankings exclude royalty and dictators who’s wealth is derived from their status.
List of Top 10 Billionaires (Till 2nd August 2023)
Elon Musk stands in the first position on the list of Billionaires. He is the world’s richest person with a net worth of $239.3B. He is getting a significant portion of his wealth from Telsa and SpaceX.
| S. No. | Name | Net worth (in Billions) | Country |
| 1. | Elon Musk | $240.7 | United States |
| 2. | Bernard Arnault & family | $231.4 | France |
| 3. | Jeff Bezos | $154.9 | United States |
| 4. | Larry Elison | $146.1 | United States |
| 5. | Bill Gates | $119.3 | United States |
| 6. | Warren Buffet | $117.4 | United States |
| 7. | Mark Zuckerberg | $115.2 | United States |
| 8. | Larry Page | $111.9 | United States |
| 9. | Sergey Brin | $106.2 | United States |
| 10. | Steve Ballmer | $103.4 | United States |
1. Elon Musk
Age: 51 years
Net worth: $240.7B
Source: Tesla and SpaceX
Residence: Austin, Texas
Citizenship: United States
Elon Musk is the world’s richest person. He co-founded companies like SpaceX (rocket producer), Tesla (electric car maker) and Boring Company (tunnelling startup). A significant portion of his wealth is tied to the success of Tesla. Musk purchased Twitter in October 2022 for $44 billion.
2. Bernard Arnault & family
Age: 74 years
Net worth: $231.4B
Source: LVMH/ luxury goods
Residence: Paris
Citizenship: France
Bernard Arnault is the CEO of the world’s largest luxury goods company “Moet Hennessy Louis Vuitton (LVMH)” which encompasses approximately 70 renowned fashion and cosmetics brands. In January 2021, LVMH completed the acquisition of jeweller Tiffany & Co. for a staggering $15.8 billion.
Arnault’s five children contribute to various sectors within the expansive LVMH empire. In January 2023, he appointed his daughter Delphine to lead Dior, the group’s second largest brand.
3. Jeff Bezos
Age: 59 years
Net worth: $154.9B
Source: Amazon
Residence: Medina, Washington
Citizenship: United States
In July 2021, Jeff Bezos decided to give up his role as CEO of the ecommerce powerhouse Amazon while still maintaining his position as chairman.
Bezos owned an aerospace company named The Washington Post and Blue Origin, designing rockets and fled to space in July 2021.
4. Larry Ellison
Age: 78 years
Net worth: $146.1B
Source: Oracle
Residence: Lanai, Hawaii
Citizenship: United States
Larry Ellison is ranked fourth on the list of real-time billionaires. He owns 35% of Oracle and serves as its chief technology officer, chairman, and co-founder. He left the CEO position at Oracle in 2014. He shifted permanently to Hawaiian Island Lanai and bought it for $300 million. He purchased 3 million Tesla shares and joined its board in December 2018.
5. Bill Gates
Age: 67 years
Net worth: $119.3B
Source: Microsoft, investments
Residence: Medina, Washington
Citizenship: United States
He stands on the fifth position on the real-time billionaire’s list. He gets a significant portion of wealth from Microsoft and investment in zero-carbon energy. Bill co-founded Microsoft with Paul Allen in 1975 and controls less than 1% of the software company as of March 2020.
Bill Gates is the largest owner of farmland in the United States and invested in various companies like Canadian National Railway and AutoNation. Bill occupied the fourth rank in the real-time billionaire’s list in 2022.
6. Warren Buffet
Age: 92 years
Net worth: $117.4B
Source: Berkshire Hathaway
Residence: Omaha, Nebraska
Citizenship: United States
Warren Buffet, widely recognised as the “Oracle of Omaha”, is one of history’s most accomplished investors. He is the head of Berkshire Hathaway, an investment conglomerate with a diverse portfolio encompassing numerous companies, such as insurance provider Geico, battery manufacturer Duracell and restaurant chain Dairy Queen.
7. Mark Zuckerberg
Age: 39 years
Net worth: $115.2B
Source: Meta
Residence: Palo Alto, California
Citizenship: United States
Mark Zuckerberg is an American billionaire business magnate, computer programmer, internet entrepreneur and philanthropist. He co-founded the social media website Facebook and its parent company Meta Platforms of which he is the executive chairman, CEO and controlling shareholder.
8. Larry Page
Age: 50 years
Net worth: $111.9B
Source: Google
Residence: Palo Alto, California
Citizenship: United States
Lawrence Edward Page is an American billionaire business magnate. He is the co-founder of Google with Sergen Brin. He is the co-creator and namesake of PageRank, a search ranking algorithm for Google. He received the Macroni Prize 2004 with co-writer Brin.
9. Sergey Brin
Age: 50 years
Net worth: $106.2B
Source: Google
Residence: Los Altos, California
Citizenship: United States
Brin is a co-founder of Google with Larry Page. He was the president of Google’s parent company, Alphabet Inc., until stepping down from his role in December 2019.
10. Steve Ballmer
Age: 67 years
Net worth: $103.4B
Source: Microsoft, investment
Residence: Hunts Point, Washington
Citizenship: United States
Ballmer is an American businessman and investor who served as the chief executive officer of Microsoft from 2000 to 2014. He is the owner of the Los Angeles Clippers of the National Basketball Association.