As of April 1, the 10 richest people on the planet are worth a combined $1.59 trillion—$28 billion more than a month ago. Bernard Arnault, the CEO of French luxury goods group LVMH, is the world’s richest person, with a fortune of $226.2 billion. He has held onto this top spot since February, overtaking Elon Musk. Musk, the CEO of Tesla, is currently the third richest person, with a net worth of $195.3 billion. Jeff Bezos, the founder of Amazon, is the second richest person with a fortune of $198.4 billion.
The rankings of the world’s richest people have been fluctuating, with Musk and Bezos changing places at least a dozen times in March. Larry Ellison, the cofounder of Oracle, saw the biggest gain in March, with his fortune rising by nearly $16 billion. Mark Zuckerberg, the CEO of Meta Platforms (formerly Facebook), overtook Ellison to become the fourth richest person. Mukesh Ambani of India, who briefly reentered the top 10 in March, has now dropped to No. 11.
Warren Buffett, Bill Gates, Larry Page, Steve Ballmer, and Sergey Brin round out the rest of the top 10 richest people in the world. All of the top 10 richest people as of April 1 are men, and each of them is worth $100 billion or more. Forbes has been tracking the world’s billionaires since 1987, with updates on their fortunes made daily. The net worth of these billionaires is often tied to stock prices, as many of them hold a significant portion of their wealth in the companies they founded or cofounded.
Bernard Arnault’s fortune fell slightly by $3 billion in March, while Elon Musk’s fortune decreased by $14 billion due to a decline in Tesla stock prices. Jeff Bezos saw his fortune rise by nearly $3 billion as a result of an uptick in Amazon stock. Larry Ellison benefited from a 10% increase in Oracle stock, leading to a $16 billion gain in his fortune. Overall, seven of the top 10 richest people in the world saw their wealth increase in March, contributing to a total combined wealth of $1.59 trillion. Stock prices fluctuate regularly, so these net worths may change daily.
Forbes lists the top 10 richest people in the world as of April 1, 2024, with Bernard Arnault, Jeff Bezos, and Elon Musk leading the pack. These rankings are subject to change based on daily fluctuations in stock prices. The world’s billionaires, including the wealthiest individuals, represent a significant portion of global wealth and have fortunes tied to the success of their companies and investments. The dynamic nature of these rankings underscores the impact of financial markets on the wealth of the world’s richest individuals.
