{"id":15676,"date":"2024-01-04T17:41:54","date_gmt":"2024-01-04T16:41:54","guid":{"rendered":"https:\/\/thedailyleaks.com\/?p=15676"},"modified":"2024-01-06T21:42:51","modified_gmt":"2024-01-06T20:42:51","slug":"elon-musk-now-worlds-richest-as-mark-zuckerberg-overtakes-bill-gates-in-billionaires-list","status":"publish","type":"post","link":"https:\/\/thedailyleaks.com\/elon-musk-now-worlds-richest-as-mark-zuckerberg-overtakes-bill-gates-in-billionaires-list\/","title":{"rendered":"Elon Musk now world’s richest as Mark Zuckerberg overtakes Bill Gates in billionaires’ list"},"content":{"rendered":"

As of January 1, the 10 richest people on the planet are worth nearly $1.47 trillion\u2014$30 billion more than a month earlier. And Facebook founder Mark Zuckerberg has overtaken Bill Gates to become the world\u2019s fifth richest person, Forbes<\/em>, the \u00a0American business magazine says in its latest release.<\/p>\n

B<\/abbr>illionaires at the top of the\u00a0Forbes<\/em> list had a pretty good December, at least in terms of their stockholdings, new report says.<\/p>\n

As of January 1, 2024, seven of the world\u2019s top 10 richest people are wealthier than they were a month ago. Their fortunes collectively rose by $30 billion during December\u2014a much smaller jump than the $115 billion rise during November 2023. One of the biggest gainers \u2014Mark Zuckerberg\u2014leaped into the No. 5 spot, up from No. 7 richest in the world on December 1. He now ranks ahead of Bill Gates, who for years was the world\u2019s richest person.<\/p>\n

Forbes<\/em><\/a>\u00a0has been keeping track of the world\u2019s billionaires since 1987. Earlier this year, we found\u00a02,640 of them<\/a> for our annual list. Throughout the year, we update their fortunes on a daily basis. Many billionaires hold much of their net worth in the stock of the company they founded or cofounded. As that stock price moves, their fortune moves along with it.<\/p>\n

Together the world\u2019s 10 richest people, according to\u00a0Forbes<\/em>, are worth $1.47 trillion as of the strike of midnight on January 1\u2014up from $1.44 trillion a month ago. The two biggest gainers in the past month (in dollar terms) were Facebook founder Mark Zuckerberg and LVMH CEO Bernard Arnault; each is up $9.4 billion compared with December 1 due to increases in the share price of their respective companies.<\/p>\n

Elon Musk is still the world\u2019s richest person, worth $251 billion. The CEO of electric carmaker Tesla, Musk also owns stakes in privately held rocket firm SpaceX and social media company X, formerly known as Twitter.<\/p>\n

For most of the first half of 2023, French luxury goods magnate Bernard Arnault was the world\u2019s richest person, per\u00a0Forbes<\/em>\u2014but that\u00a0changed on June 8, 2023<\/a>, when\u00a0<\/strong>Musk overtook Arnault to become No. 1 in the world again. As of January 1, Arnault still ranks No. 2 richest, worth an estimated $200.7 billion. Arnault, the CEO and chairman of LVMH, has built the company into a giant with more than 70 brands, from Louis Vuitton and Christian Dior to Tiffany & Co. and Sephora.<\/p>\n

Software tycoon Larry Ellison of Oracle was the biggest loser of the top ten; his fortune fell by $11.2 billion during December as Oracle\u2019s stock fell 10%. Ellison still ranks No. 4, worth $135.3 billion.<\/p>\n

Here are the 10 richest people on Earth as of January 1, 2024 at 12 a.m. Eastern time, according to\u00a0Forbes<\/em>.<\/p>\n

Stock prices fluctuate routinely, so these net worths may change on a daily basis.\u00a0Forbes<\/em>\u00a0tracks the daily changes on our\u00a0Real Time list of billionaires<\/a>.<\/p>\n

Key Facts<\/strong><\/span><\/p><\/blockquote>\n

Elon Musk<\/strong><\/p><\/blockquote>\n

is the richest person in the world, a position he held for much of 2022 as well. His fortune rose by $6 billion during December 2023.<\/p><\/blockquote>\n

Bernard Arnault<\/strong><\/p><\/blockquote>\n

fell to No. 2 richest in early June 2023 and has remained at that rank. He was the richest person in the world for the first five months of 2023.<\/p><\/blockquote>\n

9\/10<\/strong><\/p><\/blockquote>\n

of the richest people in the world are Americans, including Jeff Bezos, Larry Ellison and Bill Gates.<\/p><\/blockquote>\n

Gautam Adani<\/strong><\/p><\/blockquote>\n

of India fell from third richest in the world on January 24, 2023. He is ranked No. 16 in the world as of January 1, 2024.<\/p><\/blockquote>\n

All<\/strong><\/p><\/blockquote>\n

of the top ten richest people as of January 1 are men. Each of them is worth $100 billion or more.<\/p><\/blockquote>\n

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Who are the top 10 richest people in the world?*<\/strong><\/h3>\n

1. Elon Musk<\/sup><\/h3>\n

2. Bernard Arnault<\/sup><\/h3>\n

3. Jeff Bezos<\/sup><\/h3>\n

4. Larry Ellison<\/sup><\/h3>\n

5. Mark Zuckerberg<\/sup><\/h3>\n

6. Bill Gates<\/sup><\/h3>\n

7. Warren Buffett<\/sup><\/h3>\n

8. Larry Page<\/sup><\/h3>\n

9. Sergey Brin<\/sup><\/h3>\n

10. Steve Ballmer<\/sup><\/h3>\n

\u2022 As of January 1, 2024 at 12 a.m. ET<\/sup><\/h4>\n<\/blockquote>\n

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\"elon-musk-by-Marlena\"elon-musk-by-Marlena<\/div>\n<\/figure>\n

1. Elon Musk<\/strong><\/h2>\n

Net worth:<\/strong>\u00a0$251.3 billion<\/h4>\n

Source:<\/strong>\u00a0Tesla, SpaceX, X (Twitter)<\/h4>\n

Age:<\/strong>\u00a052<\/h4>\n

Residence:<\/strong>\u00a0Austin, Texas<\/h4>\n

Citizenship:<\/strong>\u00a0U.S.<\/h4>\n

Musk is CEO of electric car company Tesla, rocket firm SpaceX and social media company X, formerly known as Twitter. He owns 23% of Tesla between stock and options, and has pledged some of his stock as collateral for loans. The car company accounts for about two thirds of his fortune. He bought X, then known as Twitter, for $44 billion in October 2022 and owns an estimated 74% of the social media company, which is now worth less than half what he paid for it.<\/p>\n

Originally from South Africa, Musk moved to Canada before his 18th birthday, worked a variety of jobs, enrolled at Queen\u2019s University in Ontario and then transferred to University of Pennsylvania, where he earned a bachelor\u2019s degree in economics.<\/p>\n

In 2000, he merged an online bank he cofounded, X.com with a similar outfit cofounded by Peter Thiel to form PayPal, which eBay bought in 2002 for $1.4 billion. He founded SpaceX in 2002 in El Segundo, near Los Angeles. In 2004 he joined Tesla as an investor and chairman, a year after it was founded; he was later granted the cofounder title. Musk, who became CEO of Tesla in 2008, took the company public in 2010. Its market capitalization soared during 2020 and 2021. In September 2021, Musk became the world\u2019s richest person. In November 2021, his fortune peaked at a whopping $320 billion. Musk was also the world\u2019s richest person for most of 2022\u2014until December 2022, when a drop in Tesla\u2019s share price pushed down the value of his fortune.<\/p>\n

After dropping in the\u00a0Forbes<\/em>\u00a0ranking, Musk became the world\u2019s richest person again on June 8, 2023 and held onto the number one spot for the remainder of 2023. Musk\u2019s fortune rose by about $6 billion in December, lifted by a 4% rise in the price of Tesla shares.<\/p>\n

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JAMEL TOPPIN FOR FORBES<\/span><\/figure>\n

2. Bernard Arnault<\/strong><\/h2>\n

Net worth:<\/strong>\u00a0$200.7 billion<\/h4>\n

Source:<\/strong>\u00a0LVMH\/ luxury goods<\/h4>\n

Age:<\/strong>\u00a074<\/h4>\n

Residence:<\/strong>\u00a0Paris<\/h4>\n

Citizenship:<\/strong>\u00a0France<\/h4>\n

Bernard Arnault, CEO and chairman of LVMH, built the largest luxury goods company in the world with some 70 fashion and cosmetics brands. Among its most notable: Louis Vuitton, Christian Dior, Moet & Chandon and Sephora. In January 2021, LVMH acquired jeweler Tiffany & Co. for $15.8 billion.<\/p>\n

Arnault\u2019s father made millions in the construction business; to get his start, Arnault used $15 million of that fortune to buy Christian Dior.<\/p>\n

All five of Arnault\u2019s children work in parts of the LVMH empire. In January 2023, Arnault appointed his daughter Delphine to run Dior, the second largest brand in the group.<\/p>\n

Arnault was the world\u2019s richest person for most of the first half of 2023; he fell to No. 2 on June 8, 2023. As of January 1, 2024 Arnault is worth $9.4 billion more than a month ago, per\u00a0Forbes\u2019<\/em>\u00a0estimates, following a rise in the the price of LVMH shares.<\/p>\n

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\"Jeff\"Jeff<\/div>\n

MICHAEL PRINCE FOR FORBES<\/span><\/figure>\n

3. Jeff Bezos<\/strong><\/h2>\n

Net worth:<\/strong>\u00a0$168.4 billion<\/h4>\n

Source:<\/strong>\u00a0Amazon<\/h4>\n

Age:<\/strong>\u00a059<\/h4>\n

Residence:<\/strong>\u00a0Medina, Washington<\/h4>\n

Citizenship:<\/strong>\u00a0U.S.<\/h4>\n

Jeff Bezos created e-commerce giant Amazon in 1994 and ran it as CEO until July 2021 (he remains chairman); that same month he went to space on a rocket built by private rocket company Blue Origin, which he founded and has funded with billions of dollars. His fortune rose by $5.8 billion during December 2023 as the result of an uptick in Amazon shares.<\/p>\n

Before founding Amazon.com in his garage in Seattle, he worked in New York at hedge fund D.E. Shaw. Amazon began as an online bookseller at a time when few people bought goods online. The company also grew to dominate cloud storage and moved into movie and series production to feed Amazon Prime Video.<\/p>\n

Bezos overtook Bill Gates to become the richest person in the world in July 2017. He and Gates traded the number one and number two richest spots off and on. Bezos was the world\u2019s richest person on\u00a0Forbes<\/em>\u2019 list of the World\u2019s Billionaires from 2018 through 2021; he dropped to second richest on the 2022 billionaires list. He dropped to fourth richest but moved back to No. 3 on January 25, 2023 as the fortune of India\u2019s Gautam Adani (formerly No. 3 richest) fell.<\/p>\n

In 2019, Bezos and his wife MacKenzie divorced; as part of the settlement, she got 4% of Amazon\u2019s shares and he kept 12%. He has since sold and given away more of his stake and owns just under 10% of the company. Since Amazon went public in 1997,\u00a0Forbes<\/em>\u00a0calculates that he has sold more than $27 billion worth of his stock. Through his Bezos Expeditions he has invested in an array of companies, including Airbnb and software firm Workday.<\/p>\n

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JAMEL TOPPIN FOR FORBES<\/span><\/figure>\n

4. Larry Ellison<\/strong><\/h2>\n

Net worth:<\/strong>\u00a0$135.3 billion<\/h4>\n

Source:<\/strong>\u00a0Oracle<\/h4>\n

Age:<\/strong>\u00a079<\/h4>\n

Residence:<\/strong>\u00a0Woodside, California<\/h4>\n

Citizenship:<\/strong>\u00a0U.S.<\/h4>\n

Larry Ellison cofounded software firm Oracle in 1977 and ran it as CEO until 2014; he now serves as chairman and Chief Technology Officer of the company. Over the years Oracle has made a series of large acquisitions, including buying Sun Microsystems in 2010 for $7.4 billion.<\/p>\n

In 2012, Ellison bought the Hawaiian island of Lanai for $300 million. He moved from California to Lanai in 2020 but kept his homes in California and Nevada. Ellison invested in Tesla and served on the board of the car company from 2018 through August 2022.<\/p>\n

For\u00a0eight days in June 2023<\/a>, Ellison overtook Jeff Bezos as the third richest person in the world following a rise in Oracle\u2019s share price. Shares then receded and Ellison fell back to fourth richest. His fortune fell by $11.2 billion during December 2023 as Oracle shares fell 10%.<\/p>\n

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\"Mark-Zuckerberg-Getty-Images\"\"Mark-Zuckerberg-Getty-Images\"<\/div>\n

GETTY IMAGES<\/span><\/figure>\n

5. Mark Zuckerberg<\/strong><\/h2>\n

Net worth:<\/strong>\u00a0$125.3 billion<\/h4>\n

Source:<\/strong>\u00a0Facebook\/Meta<\/h4>\n

Age:<\/strong>\u00a039<\/h4>\n

Residence:<\/strong>\u00a0Palo Alto, California<\/h4>\n

Citizenship:<\/strong>\u00a0U.S.<\/h4>\n

Zuckerberg cofounded Facebook\u2014now called Meta Platforms\u2014when he was a student at Harvard University in 2004. It has grown to be the world\u2019s largest social network, with 3.88 billion monthly users. The company also owns Instagram and WhatsApp, both of which it acquired and greatly expanded. Zuckerberg, the CEO of Meta, took the company public in 2012 and still owns about 13% of it. He and his wife Priscilla Chan have pledged to direct 99% of their stock in the company toward \u201cmeasures that promote human potential.\u201d One ambitious goal they are funding is the development of tools to help others cure, manage or prevent all disease by the end of this century; Zuckerberg and Chan\u00a0spoke to\u00a0Forbes<\/em><\/a>\u00a0<\/em>earlier this year about their philanthropic efforts. And Zuckerberg\u00a0talked to\u00a0Forbes<\/em>\u00a0in September<\/a>\u00a0about Meta\u2019s two biggest bets ahead of the company turning 20.<\/p>\n

Zuckerberg rejoined the world\u2019s top 10 richest in the summer of 2023 for the first time since January 2022, as the result of a rise in the price of Meta\u2019s stock. During the month of December, his fortune rose by $9.4 billion, while Meta\u2019s stock climbed 9%.<\/p>\n

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\u200e<\/span><\/figure>\n

6. Bill Gates<\/strong><\/h2>\n

Net worth:<\/strong>\u00a0$119.6 billion<\/h4>\n

Source:\u00a0<\/strong>Microsoft, investments<\/h4>\n

Age:<\/strong>\u00a068<\/h4>\n

Residence:<\/strong>\u00a0Medina, Washington<\/h4>\n

Citizenship:<\/strong>\u00a0U.S.<\/h4>\n

As a teenager, Gates became passionate about computer programming. He dropped out of Harvard to cofound software firm Microsoft with his high school friend Paul Allen in 1975, creating one of the first software programs available for the nascent personal computer industry. He was CEO of the company for 25 years and remained chairman until 2014. He eventually stepped off the board in 2020 but\u00a0told\u00a0Forbes\u00a0<\/em>in early 2023\u00a0<\/a>that he still spends about 10% of his time consulting with teams at Microsoft. These days he has investments in dozens of companies, including waste removal firm Republic Services and agricultural equipment maker Deere & Co., and is one of the largest owners of farmland in the U.S.<\/p>\n

Forbes<\/em>\u00a0first listed Gates as a billionaire in 1987; he was the richest person in the world from 1995 through 2017 (except in 2008 and from 2010 through 2013). Largely due to the $59 billion he has donated to the Gates Foundation, including a $20 billion gift in July 2022, he was overtaken as the world\u2019s richest person in 2018 by Jeff Bezos. He and Melinda French Gates divorced in 2021; she received an estimated $10 billion in stock and other assets as part of the divorce settlement.<\/p>\n

While Gates\u2019 fortune grew by $2 billion during December 2023, his rank among the world\u2019s richest held steady at No. 6 as of January 1.<\/p>\n

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TIMOTHY ARCHIBALD FOR FORBES<\/span><\/figure>\n

7. Warren Buffett<\/strong><\/h2>\n

Net worth:<\/strong>\u00a0$118.6 billion<\/h4>\n

Source:\u00a0<\/strong>Berkshire Hathaway<\/h4>\n

Age:<\/strong>\u00a093<\/h4>\n

Residence:<\/strong>\u00a0Omaha, Nebraska<\/h4>\n

Citizenship:<\/strong>\u00a0U.S.<\/h4>\n

Known as the “Oracle of Omaha,” Warren Buffett is one of the most successful investors of all time. He runs investing conglomerate Berkshire Hathaway, which owns dozens of companies, including insurer Geico, battery maker Duracell and restaurant chain Dairy Queen. The son of a U.S. congressman, he first bought stock at age 11 and first filed taxes at age 13.<\/p>\n

Buffett created the Giving Pledge with Bill Gates and Melinda French Gates in 2010, asking billionaires to commit to give away at least half their fortune to charitable groups. Buffett has said he would donate 99% of his fortune. So far he\u2019s given at least $51.5 billion in Berkshire Hathaway stock to the Gates Foundation and his kids\u2019 foundations. That makes him the most generous billionaire on the planet. Back in mid-June, Buffett\u00a0gave away $4.6 billion<\/a>\u00a0worth of his Berkshire Hathaway shares. During December 2023, his fortune fell by about $700 million, amid a slight drop in the price of Berkshire Hathaway shares.<\/p>\n

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\"GettyImages-495431338\"\"GettyImages-495431338\"<\/div>\n

GETTY IMAGES<\/span><\/figure>\n

8. Larry Page<\/strong><\/h2>\n

Net worth:<\/strong>\u00a0$117.2 billion<\/h4>\n

Source:<\/strong>\u00a0Google<\/h4>\n

Age:<\/strong>\u00a050<\/h4>\n

Residence:<\/strong>\u00a0Palo Alto, California<\/h4>\n

Citizenship:<\/strong>\u00a0U.S.<\/h4>\n

Page cofounded search engine Google with fellow Stanford PhD student Sergey Brin in 1998 and served as CEO until 2001 and from 2011 to 2015. He now serves as a board member of Google\u2019s parent Alphabet and continues to be a controlling shareholder.<\/p>\n

Page was a founding investor in asteroid mining company Planetary Resources, which was acquired by blockchain firm ConsenSys in 2018.<\/p>\n

He moved into the top 10 richest in the world following a notable 15% jump in the share price of Alphabet in May 2023. Between December 1, 2023 and January 1, 2024 Page\u2019s fortune rose by about $5.5 billion as Alphabet shares climbed nearly 6%.<\/p>\n

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GETTY IMAGES<\/span><\/figure>\n

9. Sergey Brin<\/strong><\/h2>\n

Net worth:<\/strong>\u00a0$112.4 billion<\/h4>\n

Source:<\/strong>\u00a0Google<\/h4>\n

Age:<\/strong>\u00a050<\/h4>\n

Residence:<\/strong>\u00a0Los Altos, California<\/h4>\n

Citizenship:<\/strong>\u00a0U.S.<\/h4>\n

Sergey Brin stepped down as president of Alphabet, parent company of Google, in December 2019 but remains a controlling shareholder and a board member. He cofounded Google with Larry Page in 1998 after the two met at Stanford University while studying for advanced degrees in computer science.<\/p>\n

Brin, who came to the U.S. from Russia with his family when he was 6 years old to escape anti-Semitism, is the richest immigrant in America. His fortune increased by an estimated $5.1 billion during December 2023 amid a nearly 6% jump in the price of Alphabet shares.<\/p>\n

Brin, who disclosed more than a dozen years ago that he is at higher risk of getting Parkinson\u2019s disease than the general population, has\u00a0donated more than $1.1 billion<\/a>\u00a0toward advancing research into the neurodegenerative disease, with a pronounced emphasis on advancing basic science.<\/p>\n

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MARK LENNIHAN\/AP<\/span><\/figure>\n

10. Steve Ballmer<\/strong><\/h2>\n

Net worth:<\/strong>\u00a0$112.2 billion<\/h4>\n

Source:\u00a0<\/strong>Microsoft, investments<\/h4>\n

Age:<\/strong>\u00a067<\/h4>\n

Residence:<\/strong>\u00a0Hunts Point, Washington<\/h4>\n

Citizenship:<\/strong>\u00a0U.S.<\/h4>\n

Ballmer, a classmate of Bill Gates\u2019 at Harvard University, joined Microsoft as employee number 30 in 1980 after dropping out of the MBA program at Stanford University. He ran Microsoft as its CEO from 2000 to 2014.<\/p>\n

When Ballmer retired from Microsoft, he purchased the Los Angeles Clippers team for $2 billion\u2014a record high for an NBA team at the time.\u00a0Forbes<\/em>\u00a0now values the team at $4.65 billion.<\/p>\n

Ballmer\u2019s fortune fell by an estimated $600 million in the past month amid a less than 1% climb drop in the price of Microsoft shares.<\/p>\n

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<\/h3>\n

Who is the richest man in the world?<\/strong><\/h3>\n

As of January 1, 2024, the richest person in the world is Elon Musk, the CEO of electric car company Tesla; he\u2019s worth an estimated $251 billion. He moved into the number one spot in June of 2023, overtaking Bernard Arnault of France.<\/p>\n

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<\/h4>\n

Who is the richest woman in the world?<\/strong><\/h3>\n

The richest woman in the world is\u00a0Francoise Bettencourt Meyers<\/a>\u00a0of France. As of January 1, 2024, she is worth an estimated $98.9 billion and is the world\u2019s 14th richest person. Her fortune lies in her ownership stake in cosmetics giant L\u2019Oreal, which she inherited from her late mother. Her grandfather was the founder of L\u2019Oreal.<\/p>\n

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As of January 1, the 10 richest people on the planet are worth nearly $1.47 trillion\u2014$30 billion more than a month earlier. 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