Forbes tracks the daily changes on our Real Time list of billionaires. As of October 1, 2023, she is worth an estimated $83.4 billion and is the 15th in the list of richest people. His fortune has declined by about $16.5 billion between September 1 and October 1, 2023.
Net Worth: $12.7 Billion Age: 80 Country/Territory: United States Industry: Finance & Investments
Musk has courted controversy in recent years, using drugs during a broadcast interview with top podcaster Joe Rogan and becoming more active politically, besides a range of other political pronouncements on X. Any estimates based on past performance do not a guarantee future performance, and prior to making any investment you should discuss your specific investment needs or seek advice from a qualified professional. We are an independent, advertising-supported comparison service. President Trump has ordered the US to withdraw from the WHO, pending Congress’s approval and meeting financial obligations.
Net Worth: $38.5 Billion Age: 84 Country/Territory: United States Industry: Food & Beverage
The individuals on this list belong to an even more exclusive club and wield still more power. Many are founders of technology giants, with much of their wealth still invested in the companies they started. Shares of Oracle rose by more than 20% in the past month following strong news in the tech company’s quarterly earnings report on September 10. The company surpassed analyst estimates for both revenue and profits. The new information also led Forbes to nearly triple the divorce settlement that Melinda received in the couple’s 2021 divorce.
Net Worth: $13.3 Billion Age: 44 Country/Territory: Australia Industry: Technology
Ellison invested in Tesla and served on the board of the car company from 2018 through August 2022. Many billionaires hold much of their net worth in the Certified Bookkeeper stock of the company they founded. Ballmer’s fortune fell by an estimated $600 million in the past month amid a less than 1% climb drop in the price of Microsoft shares. In 2012, Ellison bought the Hawaiian island of Lanai for $300 million.
- He moved into the number one spot in June this year, overtaking Bernard Arnault of France.
- Spanish billionaire Amancio Ortega—who’s ranked among the top 15 richest in the world for the past couple years—replaces him among this elite group.
- It further added that women provide 12.5 billion hours a day of unpaid labor, adding an estimated $10.8 trillion to the global economy, three times the global tech industry’s value.
- In late November the Department of Justice said Google should sell its Chrome browser in order to reduce the company’s dominance online.
- His fortune fell by an estimated $5 billion during September 2023.
Dropped out of the top 10 richest on October 1 after Forbes obtained new information about a significant contraction in his fortune. „The crown jewel of this oligarchy is a billionaire president, backed and bought by the world’s richest man Elon Musk, running the world’s largest economy,“ Behar said. The report also pointed out that one in ten women globally lives in extreme poverty, earning less than $2.15 a day.
- Musk became the world’s richest person again in late May 2024, after his startup xAI raised $6 billion from private investors at a $24 billion valuation.
- He has since built the largest luxury goods company in the world with some 70 fashion and cosmetics brands, including Louis Vuitton, Christian Dior, Moet & Chandon, Sephora and jeweler Tiffany & Co.
- For eight days in June 2023, Ellison overtook Jeff Bezos as the third richest person in the world following a rise in Oracle’s share price.
- As of October 1, 2024, the richest person in the world is Tesla and SpaceX CEO Elon Musk.
- He moved down one spot in the ranks, to No. 9 from No. 8 last month.
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Shares of Meta rose nearly 10% in September, lifting Zuckerberg’s fortune by $17.5 billion. Despite a fatter net worth, his rank was unchanged from a month ago at No. 4 richest. Musk became the world’s richest person again in late May 2024, after his startup xAI raised $6 billion from private investors at a $24 billion valuation. Musk became the world’s richest person yet again in late May 2024, after his startup xAI raised $6 billion from private investors at a $24 billion valuation. XAI raised an additional $5 billion from investors in November, valuing the startup at $50 billion.
As of Monday, Zuckerberg’s net worth increased by over 4% to $217.7 billion, while Ellison’s wealth depreciated slightly to $209 billion. The bulk of Bill Gates’s wealth is in Cascade Investment LLC, a privately held investment vehicle that owns a variety of stocks. Larry Ellison was born in New York City to a 19-year-old single mother. After dropping out of the University of Chicago in 1966, Ellison moved to California and worked as a computer programmer. In 1973, he joined the electronics company Ampex, where he met future partners Ed Oates and Bob Miner. Three years later, Ellison moved to Precision Instruments, serving as the company’s vice president of research and development.
*As of January 1, 2024 at 12 a.m. ET
Ballmer’s fortune fell by nearly $4 billion in the past month partly due to a slight decline in the price on Microsoft shares. Here are the 10 richest people in the world as of October 1, 2023 at 12 a.m. Surging shares of Meta Platforms—which owns Facebook, Instagram and WhatsApp—pushed Mark Zuckerberg back up into the world’s top ten richest earlier this summer for the first time since January 2022. Their immense wealth is built upon owning massively successful companies that are among the leaders in their respective industries. While they’ve generally worked in their businesses, their real wealth comes from the ownership of those companies.
While attending Harvard University in 1975, Bill Gates went to work alongside his childhood friend Paul Allen to develop new software for the original microcomputers. Following this project’s success, Gates dropped out of Harvard during his junior year and founded Microsoft with Allen. Like several of the tech billionaires on this list, Larry Page embarked on his path to fame and fortune in a college dorm room.