CEO of LVMH, the world’s largest luxury goods company, has maintained his position as the world’s richest person as of May 1, 2024, solidifying his status atop Forbes’ real-time billionaires list since February 2024, followed closely by Elon Musk, the owner and founder of Tesla.
In April 2024, Jeff Bezos, the Founder of Amazon, briefly claimed the second spot from Musk, but Musk swiftly regained his position after a 15 percent surge in Tesla’s stock on April 29, 2024, boosting his net worth by $14.5 billion, according to Forbes.
Musk’s recent visit to China to explore developments in electric vehicles has narrowed the gap between him and Bernard Arnault, whose fortune stands at $209.4 billion, approximately $10 billion more than Musk’s.
Although Arnault’s LVMH company experienced a stock decline in the past month, resulting in a $17 billion decrease in his fortune, Jeff Bezos fell to third place with a net worth of $193.3 billion, while Mark Zuckerberg’s Meta recorded a net worth of $151.2 billion for the period.
Microsoft founder Bill Gates, who held the title of the world’s richest person for nearly three decades, now holds the ninth spot with a worth of $128 billion, down from seventh place a month prior.
As of May 1, 2024, Francoise Bettencourt Meyers of France holds the title of the world’s wealthiest woman, with an estimated worth of $95.4 billion, ranking as the 15th richest person globally.
Her fortune stems from her ownership stake in the cosmetics giant L’Oreal, inherited from her late mother, whose father, Eugène Schueller, founded L’Oreal.
See the full list below as compiled by Forbes
1. Bernard Arnault
Net worth: $209.4 billion
Source: LVMH/ luxury goods Age: 75
Residence: Paris
Citizenship: France
2. Elon Musk
Net worth: $199.6 billion
Source: Tesla, SpaceX, X (Twitter) Age: 52
Residence: Austin, Texas
Citizenship: U.S.
3. Jeff Bezos
Net worth: $193.3 billion
Source: Amazon Age: 60
Residence: Miami, Florida
Citizenship: U.S.
4. Mark Zuckerberg
Net worth: $151.2 billion
Source: Meta (Facebook)
Age: 39 Residence: Palo Alto, California
Citizenship: U.S.
5. Larry Ellison
Net worth: $142.8 billion
Source: Oracle
Age: 79 Residence: Woodside, California
Citizenship: U.S.
6. Larry Page
Net worth: $135.4 billion
Source: Google Age: 51
Residence: Palo Alto, California
Citizenship: U.S.
7. Warren Buffett
Net worth: $131 billion
Source: Berkshire Hathaway
Age: 93 Residence: Omaha, Nebraska
Citizenship: U.S.
8. Sergey Brin
Net worth: $129.9 billion
Source: Google
Age: 50
Residence: Los Altos, California
Citizenship: U.S.
9. Bill Gates
Net worth: $127 billion
Source: Microsoft, investments
Age: 68 Residence: Medina, Washington
Citizenship: U.S.
10. Steve Ballmer
Net worth: $117.1 billion
Source: Microsoft, Clippers, investments
Age: 68
Residence: Hunts Point, Washington
Citizenship: U.S.