In the magnificent roster of the Wealthiest Individual on Earth, it is Elon Musk who commands the foremost position. His ascendancy is defined by a colossal net valuation of $239.3 billion. The Catalog of Earth’s Plutocrats or the Synchronous Tally of Plutocrats in Real Time is a yearly index of the planet’s most opulent magnates, indexed pursuant to their officially tallied net assets. This annual dossier is conjured and disseminated by Forbes Magazine in every passing March. The premiere edition of this enumeration materialized onto the public sphere in the year 1987.
Each person’s cumulative net value is appraised founded upon their logged assets, factoring in indebtedness and other contextual considerations. The enumeration discloses the aggregated net value of each individual in the currency of the United States. The tabulation, however, omits individuals of regal lineage or authoritarian rulers whose riches emanate from their conferred status.
Top 10 Wealthiest Individuals Globally Up to August 30th, 2023 :-
1. Elon Musk :-
Born on June 28, 1971, in Pretoria, South Africa, Elon Musk is an enterprising force with American citizenship. Moreover, his sphere of influence expanded even more when he acquired Twitter in the year 2022.
Age: 51 years
Net worth: $240.7B
Source: Tesla and SpaceX
Residence: Austin, Texas
Citizenship: United States
Elon Musk stands as the paramount possessor of global affluence. A substantive proportion of his opulence is inextricably interwoven with the triumphs of Tesla. Notably, in the month of October in the year 2022, Musk acquired the platform known as Twitter, an acquisition for which he committed a sum of $44 billion.
2. Bernard Arnault & family :-
Bernard Arnault, at the helm of the preeminent purveyor of opulent wares, “Moet Hennessy Louis Vuitton (LVMH),” assumes the mantle of Chief Executive Officer. A veritable coup manifested in January 2021 as LVMH consummated the acquisition of the renowned jeweler, Tiffany & Co., at the staggering value of $15.8 billion.
Age: 74 years
Net worth: $231.4B
Source: LVMH/ luxury goods
Residence: Paris
Citizenship: France
In this expansive dominion, Arnault’s progeny, a quintet of successors, strategically populate various dominions. In a narrative unfolding in January of the year 2023, his daughter Delphine was anointed to commandeer Dior, the colossal brand that occupies the second echelon within this labyrinthine consortium.
3. Jeff Bezos :-
In the month of July in the year 2021, a decisive choice unfurled from the mind of Jeff Bezos, as he elected to relinquish his mantle as the Chief Executive Officer of the digital commerce behemoth, Amazon, while steadfastly retaining his seat in the capacity of chairman.
Age: 59 years
Net worth: $154.9B
Source: Amazon
Residence: Medina, Washington
Citizenship: United States
Under his aegis, Bezos helmed an aerospace venture christened The Washington Post, and additionally, presided over Blue Origin, a venture enmeshed in the architectural conception of rockets.
4. Larry Ellison :-
Larry Ellison commands the formidable fourth slot within the dynamic scroll of contemporary billionaires. His domain encompasses a substantial 35% stake in the software behemoth, Oracle, with the additional distinctions of Chief Technology Officer, Chairman, and Co-founder. The zenith of his reign as Oracle’s CEO culminated in 2014, when he elected to relinquish this mantle.
Age: 78 years
Net worth: $146.1B
Source: Oracle
Residence: Lanai, Hawaii
Citizenship: United States
Seeking permanence within the embrace of the Hawaiian island Lanai, Ellison’s residency transitioned, an island acquired for an astronomical valuation of $300 million. His fiscal pursuits extended into the terrain of Tesla, wherein he acquired an impressive trove of 3 million shares and assumed a pivotal role upon its board in the wintertide of December in the year 2018.
5. Bill Gates :-
He firmly grasps the fifth rung within the dynamic tapestry of real-time billionaires. A substantial reservoir of riches flows into his coffers from the reservoirs of Microsoft, intertwined with astute investments in the realm of zero-carbon energy.
Age: 67 years
Net worth: $119.3B
Source: Microsoft, investments
Residence: Medina, Washington
Citizenship: United States
Bill Gates, in concert with his compatriot Paul Allen, embarked upon the voyage of co-founding Microsoft in the epoch of 1975, and within the annals of the company’s capital, he possesses a mere 1% share, as validated by the chronicles of March in the year 2020.
The expanse of Bill Gates’ real estate holdings finds its zenith on the canvas of the United States, where he assumes the role of the premier landowner, embracing vast farmland.
6. Warren Buffet :-
Warren Buffet, hailed as the eminent “Oracle of Omaha,” etches his legacy as one of history’s preeminent virtuosos in the art of investment. Ascending the helm of Berkshire Hathaway, a veritable investment leviathan, his orchestrations weave a tapestry of diversity, encompassing an assemblage of enterprises that spans the gamut of industries.
Age: 92 years
Net worth: $117.4B
Source: Berkshire Hathaway
Residence: Omaha, Nebraska
Citizenship: United States
Within this intricate mosaic, a conglomerate of companies emerges, from the robust bastions of insurance, as embodied by Geico, to the fervent manufacturing prowess of Duracell’s batteries, and even the resplendent world of the Dairy Queen restaurant chain.
7. Mark Zuckerberg :-
Mark Zuckerberg, an American luminary bedecked in the riches of billionaire stature, unfurls his dominion as a business magnate, a computational artisan, an entrepreneur of the digital expanse, and a magnanimous benefactor. With the inception of the social cyberspace realm, Facebook, his indelible imprint resonates, and it’s enveloped within the aegis of Meta Platforms, its parent entity.
Age: 39 years
Net worth: $115.2B
Source: Meta
Residence: Palo Alto, California
Citizenship: United States
Residing as the quintessential orchestrator, he presides as the venerated executive chairman, the chief architect in the labyrinth of Meta’s journey, and the formidable custodian of its reins, channeling his influence as the controlling shareholder.
8. Larry Page :-
Age: 50 years
Net worth: $111.9B
Source: Google
Residence: Palo Alto, California
Citizenship: United States
Lawrence Edward Page, an illustrious American tycoon of commerce, stands adorned with the gilded mantle of billionaire acclaim. He stands as a co-architect of the digital colossus known as Google, a visionary endeavor conjured in partnership with the luminary Sergen Brin. In the annals of distinction, the year 2004 bore witness to Page’s triumphant acquisition of the esteemed Macroni Prize, a feat shared with his collaborator Brin.
9. Sergey Brin :-
Age: 50 years
Net worth: $106.2B
Source: Google
Residence: Los Altos, California
Citizenship: United States
Sergen Brin, a visionary co-architect, etched his name alongside Larry Page in the inception of the digital colossus that is Google. This enigmatic mind once helmed the presidency of Alphabet Inc., the cosmic parent entity enveloping Google, before gracefully relinquishing his mantle in the waning days of December 2019.
10. Steve Ballmer :-
Age: 67 years
Net worth: $103.4B
Source: Microsoft, investment
Residence: Hunts Point, Washington
Citizenship: United States
An illustrious figure in the realm of commerce and investment, Ballmer, an American luminary, donned the mantle of chief executive officer at Microsoft, presiding over its destiny from the dawn of the millennium until the eve of 2014. He now commands the reins of the Los Angeles Clippers, a franchise ensconced within the firmament of the National Basketball Association.
