Members of this elite group have amassed 12-digit fortunes by owning huge amounts of stock in some of the world’s most valuable companies. Most are founders and either current or former CEOs, and some, such as Warren Buffett, would be much richer if they didn’t give billions to charity.
There may be only 17 centibillionaires, but their combined wealth is around $2.5 trillion, according to the Bloomberg Billionaires Index. They’re worth more than Amazon or Google-parent Alphabet, which command market values of around $2 trillion each.
All but one of them have grown richer this year, adding a net $504 billion to their collective fortunes. Oracle ($481 billion), Mastercard ($476 billion), and Home Depot ($404 billion) are all worth less than that.
Walmart heirs Jim, Rob, and Alice Walton joined the exclusive group in September, thanks to their net worth surging by over $30 billion this year. Here’s the list of individuals worth at least $100 billion, showing Bloomberg’s estimate of their net worth at the time of publication, how much it’s changed this calendar year, and the source of their wealth.
All figures are correct as of October 21, 2024
1. Elon Musk
Net worth: $241 billion
YTD change in wealth: +$11.6 billion
Source of wealth: Tesla and SpaceX stock
2. Jeff Bezos
Net worth: $200 billion
YTD change in wealth: +$23.3 billion
Source of wealth: Amazon stock Business Insider USA
3. Mark Zuckerberg
Net worth: $187 billion
YTD change in wealth: +$59.2 billionSource of wealth: Meta stock
4. Larry Ellison
Net worth: $152 billion
YTD change in wealth: +$29.2 billion
Source of wealth: Oracle and Tesla stock
5. Bernard Arnault
Net worth: $192 billion
YTD change in wealth: -$15.6 billion
Source of wealth: LVMH stock
6. Bill Gates
Net worth: $158 billion
YTD change in wealth: +$17.0 billion
7. Larry Page
Net worth: $147 billion
YTD change in wealth: +$20.5 billion
Source of wealth: Alphabet stock
8. Warren Buffett
Net worth: $140 billion
YTD change in wealth: +$20.5 billion
Source of wealth: Berkshire Hathaway stock
9. Steve Ballmer
Net worth: $145 billion
YTD change in wealth: +$14.3 billion
Source of wealth: Microsoft stock
10. Sergey Brin
Net worth: $140 billion
YTD change in wealth: +$20.4 billion
Source of wealth: Alphabet stock
11. Jensen Huang
Net worth: $125 billion
YTD change in wealth: +$81.5 billion
Source of wealth: Nvidia stock
12. Michael Dell
Net worth: $106 billionYTD change in wealth: +$27.7 billion
Source of wealth: Dell stock
13. Amancio Ortega
Net worth: $102 billion
YTD change in wealth: +$14.6 billion
Source of wealth: Inditex stock
14. Mukesh Ambani
Net worth: $111 billion
YTD change in wealth: +$14.8 billion
Source of wealth: Reliance Industries
15. Jim Walton
Net worth: $101 billion
YTD change in wealth: +$28.1 billion
Source of wealth: Walmart stock
16. Rob Walton
YTD change in wealth: $28.1 billion
Net worth: $99.3 billion
Source of wealth gain: Walmart stock
17. Alice Walton
Net worth: $101 billion
YTD change in wealth: +$30.6 billion
Source of wealth: Walmart stock
Source: africa.businessinsider