World’s Richest Person 2024 List: Bezos Tops Musk Again

In the latest turn of events in the world of billionaires, Jeff Bezos has reclaimed the title of the world’s richest person, surpassing Elon Musk. This shift in ranking comes after a significant drop in Tesla Inc.’s shares, as reported by the Bloomberg Billionaires Index.

The Billionaire Tug-of-War

Jeff Bezos, the founder of Amazon, has once again topped the list with a staggering fortune of $200.3 billion. Elon Musk, the dynamic CEO of Tesla Inc. and SpaceX, has slipped to the second spot with a net worth of $197.7 billion.

How Things Changed

• Tesla’s Shares Fell: Tesla’s shares dropped by 7.2%, which made Elon Musk’s wealth go down.
• Bezos Gets Ahead: Even with all the competition, Bezos managed to get back to being the richest.

The Top Ten Billionaires of 2024

1. Jeff Bezos: $200 billion
2. Elon Musk: $198 billion
3. Bernard Arnault: $197 billion
4. Mark Zuckerberg: $179 billion
5. Bill Gates: $150 billion
6. Steve Ballmer: $143 billion
7. Warren Buffett: $133 billion
8. Larry Ellison: $129 billion
9. Larry Page: $122 billion
10. Sergey Brin: $116 billion

World’s Richest Person 2024 List

According to the latest Bloomberg Billionaires Index, Jeff Bezos has become the richest person in the world again in 2024, with a total wealth of $200.3 billion. Following him closely are Elon Musk with $197.7 billion and Bernard Arnault with $197 billion.

This list, which tracks the wealthiest individuals globally, also includes well-known figures like Mark Zuckerberg, Bill Gates, and Warren Buffett. Despite changes in the economy and business world, these individuals have continued to grow their wealth, showing the strength and success of their companies and investments.

The Billionaires’ Profile

1. Jeff Bezos:

• Age: 60
• Location: Seattle, Washington
• Source of Wealth: Amazon
• Amazon share ownership: Estimated at 10%
• Other holdings: Blue Origin, The Washington Post
• Jeff Bezos, the founder of Amazon, is known for revolutionizing online shopping. He also owns Blue Origin, an aerospace manufacturer and spaceflight services company.

1. Elon R Musk:

• Age: 50
• Location: Austin, Texas
• Sources of Wealth: Tesla and SpaceX
• Tesla and SpaceX share ownership: 25% for Tesla and 44% for SpaceX
• Other holdings: 9.2% of Twitter, Neuralink, The Boring Company
• Elon Musk is a South African-born engineer and entrepreneur, known for leading Tesla and SpaceX. He’s a key figure in the tech world, with multiple citizenships and a vision for the future of technology and space.

1. Bernard Arnault:

• Age: 75
• Location: Paris, France
• Source of Wealth: LVMH
• LVMH share ownership: Significant majority
• Bernard Arnault is the chairman and CEO of LVMH, the world’s largest luxury-goods company. He is known for his keen business acumen in the luxury brand market.

1. Mark Zuckerberg:

• Age: 40
• Location: Palo Alto, California
• Source of Wealth: Facebook (Meta Platforms)
• Facebook share ownership: Estimated at 14%
• Mark Zuckerberg, the co-founder of Facebook, now Meta Platforms, is known for shaping the social media landscape. His influence extends beyond social media into various tech ventures.

1. Bill Gates:

• Age: 68
• Location: Medina, Washington
• Source of Wealth: Microsoft
• Microsoft share ownership: Less than 1.3%
• Other holdings: Cascade Investment, a diversified investment company
• Bill Gates, co-founder of Microsoft, is a prominent figure in the tech industry and a leading philanthropist, focusing on global health and education.

1. Steve Ballmer:

• Age: 67
• Location: Hunts Point, Washington
• Source of Wealth: Microsoft
• Microsoft share ownership: Estimated at 4%
• Steve Ballmer, former CEO of Microsoft, has significantly invested in the tech industry and owns the Los Angeles Clippers basketball team.

1. Warren Buffett:

• Age: 93
• Location: Omaha, Nebraska
• Source of Wealth: Berkshire Hathaway
• Berkshire Hathaway share ownership: Estimated at 16%
• Warren Buffett, known as the “Oracle of Omaha,” is a legendary investor and the chairman of Berkshire Hathaway, a multinational conglomerate holding company.

1. Larry Ellison:

• Age: 79
• Location: Woodside, California
• Source of Wealth: Oracle Corporation
• Oracle share ownership: Estimated at 35%
• Larry Ellison co-founded Oracle Corporation and is known for his work in database software and technology.

1. Larry Page:

• Age: 51
• Location: Palo Alto, California
• Source of Wealth: Google (Alphabet Inc.)
• Google share ownership: Estimated at 6%
• Larry Page, co-founder of Google, has been instrumental in shaping the internet and technology landscape with his innovations in search engines and various tech ventures.

1. Sergey Brin:
   • Age: 50
   • Location: Los Altos, California
   • Source of Wealth: Google (Alphabet Inc.)
   • Google share ownership: Estimated at 6%
   • Sergey Brin, along with Larry Page, co-founded Google. He has played a crucial role in the development of one of the world’s most influential tech companies.

The Bloomberg Index Insight

The Bloomberg Billionaires Index provides a daily ranking of the world’s richest people. The index is a dynamic measure of personal wealth based on changes in markets, the economy, and Bloomberg reporting.

Why It Matters

• Changing Fortunes: This list shows how quickly someone’s wealth can change.
• Tech Leaders: People who lead tech companies are often at the top, showing how important technology is.
• Big Wealth: This list shows just how much money these super-rich people have.

Conclusion

The Bloomberg Billionaires Index’s most recent update can be seen as an insight that the global wealth market is always changing. As Bezos and Musk continue to compete, the world watches with curiosity as market forces influence the fortunes of these business titans.

For more insights into the world of billionaires and the latest financial news, visit MandyNews.com. Stay updated with us for more on the fascinating world of global wealth and business.