List of the 10 richest people in the world for May 2024

ArabiaWeather - In the ever-changing world of global wealth, the race for the title of the richest person in the world attracts everyone's attention, and as of April 2024, a number of prominent individuals stand at the pinnacle of financial success, each wielding enormous influence and contributing to diverse sectors of the economy. Let's take a look at the 10 richest individuals, their remarkable achievements, and the factors that propelled them to the top of global wealth.

See also: The 10 most important economic forecasts for 2024

Who is the richest man in the world in April 2024?

As of April 2024, Bernard Arnault, aged 74 and residing in Paris, France, is the richest man in the world. Arnault serves as CEO and Chairman of Moët Hennessy Louis Vuitton (LVMH), the world's largest luxury goods company.

LVMH boasts an impressive portfolio of nearly 70 well-known fashion and cosmetics brands, such as Louis Vuitton, Christian Dior, Moet & Chandon and Sephora. In January 2021, LVMH acquired jewelry company Tiffany & Co. For $15.8 billion, which made it make headlines.

Arnault's five sons play vital roles in the LVMH empire, with his daughter Delphine set to lead Dior, the group's second-largest brand, in January 2023.

Top 10 richest men in the world by April 2024

1. Bernard Arnault
2. Jeff Bezos
3. Elon Musk
4. Mark Zuckerberg
5. Larry Ellison
6. Crowded buffet
7. Bill Gates
8. Steve Ballmer
9. Mukesh Ambani
10. Larry Page

Who is Bernard Arnault, the richest man in the world 2024?

Bernard Arnault, the French businessman, dominates the global wealth landscape as of April 2024, with a staggering net worth of $233 billion. Arnault is best known for his role as Chairman and CEO of LVMH, the world's leading luxury conglomerate. His rise to opulence began with strategic maneuvers in the luxury goods sector, where he acquired Boussac Saint-Frères in 1984, giving him control of the iconic Christian Dior label.

Through continuous expansion and smart investments, Arnault has transformed LVMH into a powerhouse of prestigious fashion houses, jewelry brands and more, consolidating its position as a major player in the global luxury market. Beyond his business empire, Arnault's influence extends to philanthropy and the arts, as seen in his extensive art collection and sponsorship of cultural initiatives.

The 3 richest people in the world by April 2024

The list of the richest people in the world for 2024 is topped by three prominent figures: Bernard Arnault, Jeff Bezos, and Elon Musk. Let's take a look at these rich personalities in detail:

Bernard Arnault:

Bernard Arnault

Age: 74 years

Residence: Paris, France

Nationality: French

Net worth: $233 billion

Source of wealth: LVMH
Bernard Arnault, who serves as CEO and Chairman of the Board of Directors of LVMH, is considered one of the richest individuals in the world. LVMH owns an iconic portfolio of around 70 prestigious fashion and cosmetics brands.

Jeff Bezos:

Jeff Bezos

Age: 60 years

Residence: Medina, Washington, United States

Nationality: American

Net worth: $195 billion

Source of wealth: Amazon
Jeff Bezos, founder of Amazon, was the second richest person in the world in 2024, running his giant company and continuing to invest in his space projects such as Blue Origin.

Elon Musk:

Elon Musk

Age: 52 years

Residence: Austin, Texas, United States

Nationality: American

Net worth: $194 billion

Source of wealth: Tesla, SpaceX
Elon Musk, co-founder of Tesla and SpaceX, tops the list of the world's richest individuals after an impressive performance by his company's shares and the expansion of his business.

See also:

The 10 most influential economists in history
What is the Keynesian theory of economics?
Learn the difference between macro and micro economics
Economic downturn: its concept and effects on economic life

Sources:

eqtisadnow