Technology company owners dominated the World’s Billionaires List 2024 published by American magazine Forbes this week.
Bernard Arnault, CEO of LVMH, the world’s largest luxury goods company, retained his position as the richest person in the world for the second time, boasting a net worth of $233 billion.
Following closely behind is Elon Musk, the entrepreneur behind SpaceX, Neuralink, and X, with a net worth of $195 billion. Musk maintained his second-place ranking from the previous year, where his fortune was calculated at $180 billion.
Bezos experienced significant growth, particularly at the onset of the COVID-19 pandemic, as his net worth surged from $113 billion in 2020 to $177 billion just a year later.
Although his fortune dipped to $114 billion in 2023, Bezos rebounded in 2024, reaching a net worth of $194 billion.
Mark Zuckerberg, CEO of the tech conglomerate Meta, saw a remarkable increase in wealth, nearly tripling his net worth from $64.4 billion in the previous year to $177 billion in 2024, securing the fourth position on the list.
Larry Ellison, founder and CEO of Oracle, claimed the fifth spot with a net worth of $141 billion, while Bill Gates, the founder of Microsoft, ranked seventh with a net worth of $128 billion.
Steve Balmer, former CEO of Microsoft, secured the eighth position with a net worth of $121 billion, followed by Larry Page, one of the founders of Google, who holds $114 billion and ranked 10th.
Although Chinese tech executives didn’t crack the top 10, Zhang Yiming, the founder of ByteDance and owner of TikTok, secured the 27th position with a net worth of $43.4 billion.
