The Combined Net Worth of Richest People in the World is $1.44 Trillion as of February 2024

The good pals over at VisualCapitalist have compiled the data from Forbes real Time Billionaires list and made a list of world’s richest people as of February 2024. The combined fortune of the top ten richest billionaires in the world is about $1.44 trillion. Due to a 21% decline in Elon Musk’s wealth in 2023, Bernard Arnault made it to the top of the richest list in 2024. He has a net worth of $212.1 billion. He is a French man who is a CEO and chairman of luxury goods company LVMH and owns a number of luxury brands like Louis Vuitton, Sephora, Tiffany and Co. etc. Arnault also has investments in many big companies like Netflix and TikTok.

The total net worth of the top five richest people in the world grew by 4% which is about $904.9 billion in total. The second richest man in the world is Elon Musk with $194.6 billion net worth. His source of income is through Tesla and SpaceX. He is now also the owner of social media site, X. Third richest person is Amazon’s CEO, Jeff Bezos, with $192.4 billion net worth followed by Mark Zuckerberg with a net worth of $161.8 billion. Larry Ellison, the owner of Oracle is the fifth richest person with a $144.0 Billion fortune.

Names like Warren Buffett, Bill Gates, Larry Page, Steve Ballmer and Sergey Brin made to the bottom five of top 10 richest people in the world list. The richest woman in the world is L’Oréal’s Françoise Bettencourt Meyers whose net worth grew by $1.2 billion in 2023. Out of all the top ten rich people, Mark Zuckerbeg saw a significant growth in his net worth. It grew 39% by February 2024 from November 2023 and it surged to $45 billion.

Zhong Shanshan, the chairman and founder of Nongfu Spring is the richest person in Chine with $60.5 billion net worth. In India, the chairman of Reliance Industries, Mukesh Ambani, is the richest with $102.1 net worth.

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by Arooj Ahmed via Digital Information World