11 Wealthiest Men Worldwide 2024
Explore the top 11 wealthiest men worldwide in 2024, highlighting their fortunes, businesses, and impact on global markets and industries.
ELEVEN (11)
Mwenda Kelvin (Chief Editor)
11/25/20246 min read
Wealthy Man (Credit: Pixabay)
The world of billionaires is constantly changing; some names are at the top of the list of the richest people, while others become new industrial titans. By 2024, the wealthiest men on the planet are driving innovation, impacting economies around the world, and frequently influencing the very enterprises and technologies that characterise modern living. These people, who range from fashion tycoons to tech tycoons, have accumulated wealth in ways that continue to influence their respective sectors and below here is an analysis of the wealth, age, income sources, and influence on the global economy of the top 11 richest men in the world in 2024 as per the writing of this blog post article as follows:
Elon Musk 🇺🇸
United States
Net-Worth: $334.3 Billion
Age: 53
Source: Tesla, SpaceX
As the world's richest person, Elon Musk remains the driving force behind businesses including SpaceX, Tesla, Neuralink, and The Boring Company, having a staggering net worth of $334.3 billion as of 2024. Musk is still leading a number of innovative projects at the age of 53, including SpaceX, which is exploring interplanetary exploration, and Tesla, which is transforming the electric vehicle market.
Musk's ownership of Tesla, the electric vehicle manufacturer he co-founded in 2003, is the main source of his fortune whereby Tesla's stock price has surged over the last ten years, propelling Musk's wealth into the stratospheric levels not forgetting the creation of the Starship, which will transport humans to Mars in the upcoming years, and the first privately funded spacecraft to reach orbit are just two of the enormous accomplishments his SpaceX venture has accomplished. Musk's influence on technology, automobiles, and space exploration is indisputable, and his wealth is only expected to increase as his businesses continue to expand.
Larry Ellison 🇺🇸
United States
Net-Worth: $235.3 Billion
Age: 80
Source: Oracle
Larry Ellison is still a powerful player in the tech industry at the age of 80 where Oracle, the software corporation he co-founded in 1977, being the main source of his wealth making him one of the top three wealthiest men in 2024 with a net worth of $235.3 billion and despite Oracle's longstanding leadership in enterprise software, Ellison's wealth has been further enhanced by his interests in real estate and the tech sector.
In addition to being Oracle's biggest shareholder, Ellison is still actively involved in the strategic direction of the business with also adding ventures into luxury real estate, sports, and health to his portfolio throughout the years. Ellison is also well-known for his charitable endeavours, especially in the domains of science and technology, and for owning the Hawaiian island of Lanai.
Jeff Bezos 🇺🇸
United States
Net-Worth: $213.5 Billion
Age: 60
Source: Amazon
The way people shop and consume media has been drastically altered by Jeff Bezos, the creator of Amazon whereby even though Bezos resigned as CEO of Amazon in 2021, his Amazon stock and other business endeavours, such as his space exploration firm Blue Origin, are mostly responsible for his $213.5 billion net worth in 2024.
Despite being 60 years old, Bezos still has an impact on the tech industry thanks to his investments in space exploration, cloud computing, and developing technologies with also his love of exploration inspiring him to concentrate on Blue Origin, a project that seeks to lower the cost and increase accessibility of space flight making him one of the world's most diversified billionaires, owning The Washington Post in addition to a variety of other media and real estate holdings.
Mark Zuckerberg 🇺🇸
United States
Net-Worth: $193.5 Billion
Age: 40
Source: Facebook
One of the youngest billionaires on this list is Mark Zuckerberg, who is only 40 years old. In 2024, the co-founder of Facebook, now known as Meta, is estimated to have a net worth of $193.5 billion. Zuckerberg has always been at the forefront of social media, and his wealth has been secured by Meta's enormous user base on sites like Facebook, Instagram, and WhatsApp where also in recent years, Zuckerberg has turned his attention to the Metaverse and virtual reality, which he sees as the next big technological frontier. Zuckerberg's fortune is well-positioned to profit from upcoming advancements in artificial intelligence and immersive technology as Meta attempts to reimagine social media and communication in a 3D virtual environment.
Bernard Arnault & Family 🇫🇷
France
Net-Worth: $155.5 Billion
Age: 75
Source: LVMH
The French tycoon and head of LVMH (Moët Hennessy Louis Vuitton), Bernard Arnault, has cemented his status as one of the world's richest men. Arnault, 75, is the head of a luxury brand empire that includes, among others, Bulgari, Sephora, Dior, and Louis Vuitton where the success of his varied portfolio in the fashion, retail, and beverage industries is reflected in his $155.5 billion net worth in 2024 with also the increasing demand for luxury goods around the world and the rising value of LVMH's stock being key factors in Arnault's fortune. LVMH has strengthened its position as the industry leader in luxury goods by entering new markets under his direction.
Warren Buffet 🇺🇸
United States
Net-Worth: $149.7 Billion
Age: 94
Source: Berkshire Hathaway
Often referred to as the "Oracle of Omaha," Warren Buffett has come to represent prudent investing where his leadership of Berkshire Hathaway, the worldwide company he has developed over decades, is largely responsible for his $149.7 billion net worth at the age of 94. Buffett is well known for his value investing concepts and long-term investment techniques. Though Buffett has steadily stepped back from day-to-day operations at Berkshire Hathaway, his company’s interests in different industries, including insurance, energy, and consumer products, continue to grow with his success being proof of the value of methodical, patient investing.
Larry Page 🇺🇸
United States
Net-Worth: $137.2 Billion
Age: 51
Source: Google
Larry Page, a 51-year-old co-founder of Google, has a net worth of $137.2 billion, making him one of the richest persons in the world where through Google, Page and Sergey Brin transformed how people obtain information online. He is still influencing technology today through Alphabet, the parent company of Google where also in addition to Google, Page's wealth comes from his investments in other Alphabet businesses, such as Waymo (self-driving cars), Verily (health tech), and Calico (anti-aging research) remaining at the forefront of technical advancement because of his visionary investments.
Sergey Brin 🇺🇸
United States
Net-Worth: $131.4 Billion
Age: 51
Source: Google
With a net worth of $131.4 billion as of 2024, Sergey Brin, like his business colleague Larry Page, accumulated substantial wealth from Google where after contributing to the development of Google's search algorithm, Brin has since concentrated on Alphabet's ambitious initiatives. Currently, Brin's efforts in biotechnology, space, and artificial intelligence are probably what will propel future expansion not forgetting that Brin is a significant figure in the technological scene because of his dedication to innovation, especially in areas like artificial intelligence and quantum computing.
Jensen Huang 🇺🇸
United States
Net-Worth: $123.8 Billion
Age: 61
Source: Semiconductors
Jensen Huang, one of the wealthiest individuals in the world, is the CEO and co-founder of NVIDIA with the most potent computers in the world relying on NVIDIA's graphics processing units (GPUs), and the company's supremacy in artificial intelligence (AI) has helped Huang amass a wealth of $123.8 billion where his business is at the forefront of data centers, gaming, and artificial intelligence with also Huang's wealth being further increased by his investments in AI-driven technologies, which guarantee that NVIDIA stays at the forefront of the semiconductor industry.
Amancio Ortega 🇪🇸
Spain
Net-Worth: $123.5 Billion
Age: 88
Source: Zara
The founder of the international apparel company Zara, Spanish retail tycoon Amancio Ortega, has accumulated a $123.5 billion fortune whereby Ortega has become well-known due to his ability to transform the fashion industry through fast fashion. At 88, Ortega continues to oversee the operations of Inditex, Zara’s parent business with also Inditex’s success predicated on its ability to quickly develop and supply the latest fashion trends at accessible costs. Ortega's wealth is still fuelled by his emphasis on supply chain management innovation and real estate investing.
Steve Ballmer 🇺🇸
United States
Net-Worth: $123.3 Billion
Age: 68
Source: Microsoft
With a net worth of $123.3 billion, former Microsoft CEO Steve Ballmer is still among the richest people in the world where despite his 2014 retirement from Microsoft, Ballmer's wealth is increasing because of his ownership of the Los Angeles Clippers basketball team and his share in the software powerhouse with also the long-term success of Microsoft being aided by his ability to lead the company's cloud and enterprise divisions after leaving.
Summary
The wealthiest men in the world in 2024 come from a variety of backgrounds, including luxury goods, tech, fashion, and finance whereby these people built empires that are still expanding and influencing our globe today with also their riches expected to grow even more as they keep investing in cutting-edge technologies and multinational corporations, solidifying their status as some of the most significant individuals in history. Whether through cutting-edge businesses like Tesla, Google, or Amazon, or more conventional sectors like fashion and finance, these people's wealth reflects the shifting dynamics of the global economy in the twenty-first (21st) century.