Top 10 richest man in the world in 2023

The Richest Man in the World, as reported in September 2023, is Elon Musk, with a net worth of $256.5 billion. World’s Billionaires is an annual ranking granted to the wealthiest billionaires in the world, documented on the basis of their net worth. It is compiled and published annually every year, in July, by the American business magazine Forbes. Each individual on the list, their total net worth is estimated and cited in US dollars based on their debt accountability, documented assets and other factors. This list does not include royalty and dictators who possess wealth from their position and hierarchy.

Top 10 Richest People in the World Today

The list of the top 10 richest men in the world, as of November 2023, is as follows:

RankRich People Today

1Elon Musk

2Bernard Arnault & family

3Jeff Bezos

4Larry Ellison

5Warren Buffett

6Mark Zuckerberg

7Bill Gates

8Larry Page

9Steve Ballmer

10Sergey Brin

How are the Wealthiest Millionaires Determined by Forbes?

To determine and compile the ‘world richest man list’, every year, Forbes appoints a team of over 50 reporters from multiple countries who are given the responsibility to track the activities of the top richest man in the world, be it individuals, groups or even families who share the wealth. Those who qualify for the list are :

  • sent preliminary surveys.
  • Their business deals are scrutinised
  • The estimate of their valuable assets like homes, land, vehicles, artwork etc; are made
  • To evaluate the figures and to improve an individual’s holdings’ estimate, interviews are conducted
  • Lastly, the positions in a publicly-traded stock are evaluated and priced to market roughly a month before the publication of the final list of the richest man in the world.

☛ Also Check:- Real-Time Billionaires

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FAQs about Richest Man in the World

When was the first list of the top richest men in the world published by Forbes?

Forbes published the list of top billionaires in the world for the first time in March 1987.

How many billionaires were recorded in the year 2021?

In 2021, Forbes released its 35th annual report compiling the list of billionaires in the world which accounted for a total of 2,755 people.

Who is the richest person in the world?

In 2023, Elon Musk, the founder and executive chair of SpaceX, Angel investor, was tagged as the richest man in the world for the 2nd time in succession, with a net worth of $255.2 billion.

The Real-Time Billionaires List, often referred to as the World’s Billionaires List, is an annual compilation that evaluation the richest men in the world based on their estimated net worth. Forbes Magazine compiles and publishes this list in March every year. The inaugural edition of this ranking was introduced in 1987.

Each person’s net worth is calculated by approximately the value of their reported assets wile accounting for debts and other relevant factors. The rankings provide the net worth of each individual in US dollars. It is important to note that that these lists exclude royalties and political leaders whose wealth is primarily tied to their positions.

Elon Musk stands in the first position on the list of Billionaires. He is the world’s richest person with a net worth of $253.2 B. He is getting a significant portion of his wealth from Telsa and SpaceX.
  1. No. Name Net worth (in Billions) Country 1. Elon Musk $253.2 United States 2. Bernard Arnault & family $173 France 3. Jeff Bezos $152.6 United States 4. Larry Elison $137.6 United States 5. Bill Gates $115.4 United States 6. Warren Buffet $115.1 United States 7. Mark Zuckerberg $111.6 United States 8. Larry Page $110.7 United States 9. Sergey Brin $109.3 United States 10. Steve Ballmer $99.9 United States

1. Elon Musk

Top 10 richest man in the world in 2023

  • Age: 51 years
  • Net worth: $253.2 B
  • Source: Tesla and SpaceX
  • Residence: Austin, Texas
  • Citizenship: United States

Elon Musk is the world’s richest person. He co-founded companies like SpaceX (rocket producer), Tesla (electric car maker) and Boring Company (tunnelling startup). A significant portion of his wealth is tied to the success of Tesla. Musk purchased Twitter in October 2022 for $44 billion.

2. Bernard Arnault & family

Top 10 richest man in the world in 2023

  • Age: 74 years
  • Net worth: $173.0B
  • Source: LVMH/ luxury goods
  • Residence: Paris
  • Citizenship: France

Bernard Arnault is the CEO of the world’s largest luxury goods company “Moet Hennessy Louis Vuitton (LVMH)” which encompasses approximately 70 renowned fashion and cosmetics brands. In January 2021, LVMH completed the acquisition of jeweller Tiffany & Co. for a staggering $15.8 billion.

Arnault’s five children contribute to various sectors within the expansive LVMH empire. In January 2023, he appointed his daughter Delphine to lead Dior, the group’s second largest brand.

3. Jeff Bezos

Top 10 richest man in the world in 2023

  • Age: 59 years
  • Net worth: $152.6B
  • Source: Amazon
  • Residence: Medina, Washington
  • Citizenship: United States

In July 2021, Jeff Bezos decided to give up his role as CEO of the ecommerce powerhouse Amazon while still maintaining his position as chairman.

Bezos owned an aerospace company named The Washington Post and Blue Origin, designing rockets and fled to space in July 2021.

4. Larry Ellison

Top 10 richest man in the world in 2023

  • Age: 78 years
  • Net worth: $137.6B
  • Source: Oracle
  • Residence: Lanai, Hawaii
  • Citizenship: United States

Larry Ellison holds 4th position in the real-time billionaire’s list. He owns 35% of software giant Oracle and is its chief technology officer, chairman and co-founder. He left the CEO position at Oracle in 2014. He shifted permanently to Hawaiian Island Lanai and bought it for $300 million. He purchased 3 million Tesla shares and joined its board in December 2018.

5. Bill Gates

Top 10 richest man in the world in 2023

  • Age: 67 years
  • Net worth: $115.4B
  • Source: Microsoft, investments
  • Residence: Medina, Washington
  • Citizenship: United States

He stands on the fifth position on the real-time billionaire’s list. He gets a significant portion of wealth from Microsoft and investment in zero-carbon energy. Bill co-founded Microsoft with Paul Allen in 1975 and owns only 1% of the software company’s share as of March 2020.

Bill Gates is the largest owner of farmland in the United States and invested in various companies like Canadian National Railway and AutoNation. Bill occupied the fourth rank in the real-time billionaire’s list in 2022.

6. Warren Buffet

Top 10 richest man in the world in 2023

  • Age: 92 years
  • Net worth: $115.1B
  • Source: Berkshire Hathaway
  • Residence: Omaha, Nebraska
  • Citizenship: United States

Warren Buffet, widely recognised as the “Oracle of Omaha”, is one of history’s most accomplished investors. He is the head of Berkshire Hathaway, an investment conglomerate with a diverse portfolio encompassing numerous companies, such as insurance provider Geico, battery manufacturer Duracell and restaurant chain Dairy Queen.

7. Mark Zuckerberg

Top 10 richest man in the world in 2023

  • Age: 39 years
  • Net worth: $111.6B
  • Source: Meta
  • Residence: Palo Alto, California
  • Citizenship: United States

Mark Zuckerberg is an American billionaire business magnate, computer programmer, internet entrepreneur and philanthropist. He co-founded the social media website Facebook and its parent company Meta Platforms of which he is the executive chairman, CEO and controlling shareholder.

8. Larry Page

Top 10 richest man in the world in 2023

  • Age: 50 years
  • Net worth: $110.7B
  • Source: Google
  • Residence: Palo Alto, California
  • Citizenship: United States

Lawrence Edward Page is an American billionaire business magnate. He is the co-founder of Google with Sergen Brin. He is the co-creator and namesake of PageRank, a search ranking algorithm for Google. He received the Macroni Prize 2004 with co-writer Brin.

9. Sergey Brin

Top 10 richest man in the world in 2023

  • Age: 50 years
  • Net worth: $109.3B
  • Source: Google
  • Residence: Los Altos, California
  • Citizenship: United States

Brin is a co-founder of Google with Larry Page. He was the president of Google’s parent company, Alphabet Inc., until stepping down from his role in December 2019.

10. Steve Ballmer

Top 10 richest man in the world in 2023

  • Age: 67 years
  • Net worth: $99.9B
  • Source: Microsoft, investment
  • Residence: Hunts Point, Washington
  • Citizenship: United States

Ballmer is an American businessman and investor who served as the chief executive officer of Microsoft from 2000 to 2014. He is the owner of the Los Angeles Clippers of the National Basketball Association.

Who is the new richest person in the world 2023?

List of Top 10 Richest Man in the World by 17th November 2023. Elon Musk stands in the first position on the list of Billionaires. He is the world's richest person with a net worth of $253.2 B. He is getting a significant portion of his wealth from Telsa and SpaceX. S. No.

Who is top 10 richest man in the world?

Top 10 richest people in the world.

Jeff Bezos - $150 billion. ... .

Larry Ellison - $128 billion. ... .

Bill Gates - $122 billion. ... .

Warren Buffett - $115 billion. ... .

Larry Page - $121 billion. ... .

Sergey Brin - $115 billion. ... .

Steve Ballmer - $111 billion. ... .

Mark Zuckerberg - $111 billion..

Who is the top 50 richest in world?

TOP 50 World's Richest People 2023.

Who is the youngest billionaire in the world 2023?

Top ten youngest billionaires in the world.