Elon Musk has reached a net worth of $205.4 billion in 2024, making him the world’s richest billionaire, ahead of Jeff Bezos ($203.2 billion) and Bernard Arnault ($200 billion). Arnaud, the wealthy chairman and CEO of the multinational luxury goods company LVMH, topped the rankings at the start of the year. Using the Forbes Billionaires List data, we provide an overview of the world’s top ten billionaires as of June 11, 2024. It is vital to note that this grade fluctuates regularly owing to changes in stock prices, market conditions, and major corporate transactions.
$1.6T in Combined Wealth
The wealth of the world’s ten richest people ($1.6 trillion) is almost similar to Mexico’s GDP, the world’s fourteenth-largest economy. Elon Musk’s wealth derives primarily from his ownership in Tesla, SpaceX, and the social networking platform X. Amazon founder Jeff Bezos eclipsed Bernard Arnault as the second-richest person in June 2024, as LVMH shares dipped and Amazon shares increased modestly.
The table below is a list of the world’s richest people, along with their net worth.
| Rank | Name | Net Worth (USD in Billions) | Source |
| 1 | Elon Musk | $205.40 | Tesla, SpaceX |
| 3 | Jeff Bezos | $203.20 | Amazon |
| 2 | Bernard Arnault & family | $200.00 | LVMH |
| 4 | Mark Zuckerberg | $176.50 | |
| 5 | Larry Ellison | $153.70 | Oracle |
| 6 | Larry Page | $145.10 | |
| 8 | Sergey Brin | $139.00 | |
| 7 | Warren Buffett | $134.00 | Berkshire Hathaway |
| 9 | Bill Gates | $131.00 | Microsoft |
| 10 | Steve Ballmer | $126.50 | Microsoft |