Open the minds of the 10 billionaires who dominate the global rankings: Who is the millionaire with hundreds of thousands of dollars in 2024

Wealth among humans is not solely the result of saving money but comes from creating value, innovation, and smart investing. If you’re curious about who holds the top wealth positions in the world and how they built their financial status, let’s explore the current leading billionaire groups globally.

Trendsetters of Success: Deep Dive into the Top 10 Richest People in the World

According to Bloomberg Billionaires Index, which constantly updates the changes in the assets of top billionaires, the global billionaire society is predominantly led by pioneering entrepreneurs in technology, retail, and finance.

1. Elon Musk - The Inspiration of the Tech Industry

From a young age, Elon Musk (Elon Musk) demonstrated exceptional aptitude in computing. At age 12, he developed and sold the game Blastar. His educational path includes Queen’s University, then the University of Pennsylvania (studied economics and physics), followed by Stanford University before dropping out to pursue business opportunities.

Elon Musk is not only a founder but also the CEO of Tesla, which launched Roadster, Model S, and Model 3, revolutionizing the clean energy vehicle market. He also founded SpaceX in 2002 to reduce space transportation costs, along with other ventures like The Boring Company, Neuralink, and xAI.

Currently, Elon Musk’s total net worth is $342 billion, mostly from his Tesla holdings at approximately 12.8% (valued at $51 billion), and 79% of X (formerly Twitter). Additionally, SpaceX has a private asset valuation of $82.2 billion.

2. Mark Zuckerberg - The God of Social Media

By founding Facebook while a student at Harvard University in 2004, Mark Zuckerberg (Mark Zuckerberg) revolutionized social connectivity. During the major IPO in May 2012, Facebook raised $16 billion, making it one of the largest public offerings in history.

Today, Mark Zuckerberg owns about 13% of Meta Platforms, valued at $164 billion. His total net worth is $215 billion, with additional cash holdings of around $5.1 billion.

3. Jeff Bezos - Unleashing the Power of E-commerce

Amazon founder Jeff Bezos (Jeff Bezos) has been interested in technology and computing since childhood. He studied computer science and electrical engineering at Princeton University before working on Wall Street.

In 1995, Jeff Bezos founded Amazon to sell books online. Its continuous expansion turned it into a comprehensive e-commerce platform. In 2017, Amazon acquired Whole Foods. Bezos also owns The Washington Post and founded Blue Origin, a space exploration company.

Today, Jeff Bezos has a net worth of $192 billion, holding approximately 9-9.7% (valued at $186-$190 billion) of Amazon, along with other assets including $19.9 billion in cash.

4. Larry Ellison - The Software Emperor

Larry Ellison (Larry Ellison) co-founded Oracle Corporation in 1977, revolutionizing enterprise database management systems. Under his leadership, Oracle expanded from database tools to cloud services and enterprise software.

In 2021, Oracle acquired Cerner Corporation, a healthcare management software company, for $28.3 billion. Ellison also owns shares in Tesla and invests in real estate and luxury goods.

His total net worth is $178 billion, with about 42% of Oracle shares, worth approximately $117 billion.

5. Bernard Arnault - The Luxury Brand Sovereign

Bernard Arnault (Bernard Arnault), chairman and CEO of LVMH Moët Hennessy Louis Vuitton, started in his family’s construction business. He invested $15 million in 1984 to acquire Christian Dior, marking the beginning of his luxury empire.

His strategy involves acquiring leading luxury brands and consolidating them. In 2021, LVMH bought Tiffany & Co. for $15.8 billion, the largest luxury brand acquisition to date.

Currently, Bernard Arnault’s net worth is $154 billion, with about 48% of LVMH shares, valued at $170 billion.

6. Warren Buffett - The Investment Maestro

Warren Buffett (Warren Buffett), known as “The Oracle of Omaha,” demonstrated business acumen from a young age. In 1956, he founded Buffett Partnership Ltd. and took control of Berkshire Hathaway.

Under his leadership, Berkshire Hathaway expanded into media, insurance, energy, food, and beverages. His famous investment principle is “Rule number one: Don’t lose money. Rule number two: Never forget rule number one.”

His net worth is $146 billion, with about 15% of Berkshire Hathaway, worth approximately $137 billion.

7. Larry Page - The Search Engine Architect

Larry Page (Larry Page) was born in Michigan in 1973 to parents who were computer experts. He studied computer engineering at Stanford University, where he met Sergey Brin.

Together, they developed the Google search engine in 1998, which evolved into an advertising platform, cloud computing, and hardware. Alphabet Inc. was later established as Google’s parent company, with Larry Page serving as CEO.

His net worth is $144 billion, holding about 6% of Alphabet, valued at $134.3 billion.

8. Sergey Brin - Co-Pioneer of the Digital World

Sergey Brin (Sergey Brin), co-founder of Alphabet and involved in developing Google, also oversees services like Gmail, Android, and YouTube.

Since Google’s public launch in 2004, Sergey Brin has sold shares worth over $10 billion. Most of his wealth remains from investments in Alphabet.

His net worth is $138 billion, with about 6% of Alphabet, valued at $125.2 billion.

9. Amancio Ortega - The Fashion Professor

Amancio Ortega (Amancio Ortega), co-founder of Inditex, the world’s largest fashion retailer, launched his company in 1975 with his ex-wife Rosalia Mera (who passed away in 2013).

Inditex is headquartered in Arteixo, Spain, operating over 5,000 stores worldwide under 8 brands, including Zara, Massimo Dutti, Bershka, and Pull & Bear.

Ortega has stepped back from daily operations but remains a major shareholder, receiving over $400 million annually in dividends to invest in a large real estate portfolio.

His net worth is $124 billion, with about 60% of Inditex shares, valued at $72 billion.

10. Steve Ballmer - Microsoft’s Great Achievement

Steve Ballmer (Steve Ballmer), former CEO of Microsoft, joined the company in 1980 after leaving Stanford’s MBA program. Under his leadership from 2000 to 2014, Microsoft expanded its product line, including Xbox development and Skype acquisition.

Since retiring in 2014, Ballmer bought the NBA’s Los Angeles Clippers for $2 billion. In 2022, he and his wife donated about $425 million to the University of Oregon.

His net worth is $118 billion, holding about 4% of Microsoft shares, valued at $134 billion.

Overview of Global Billionaires: Summary Table

Summary: Building Wealth and Lessons Learned

The stories of these billionaires highlight key factors for financial success: innovation, perseverance, strategic vision, and willingness to take risks.

Industrially, technology accounts for 60% of the top figures, including Tesla, Meta, Amazon, Oracle, Alphabet, and Microsoft, while fashion, retail, and finance also play significant roles.

For those aiming to build wealth, the essential steps are developing skills, continuous education, and perseverance. If you’re interested in trading or investing, understanding the market and managing risks wisely are indispensable.