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Top 10 Richest People In The World (Updated 2024)

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Top 10 Richest People In The World: Are you going to start your own business? Want to cope up with the fear of facing losses and bearing risks? Looking for the motivation to create a business venture? 

You’re at the right place!

Here we will talk about the most passionate risk-takers, ceaseless, and unstoppable individuals. Those who had nothing but a dream to chase and a passion for following.

Yes…the Richest Entrepreneurs of our time!

You must be wondering…

…is it always the case that every risk-taker will be successful in the end?

We’ll answer that as we move towards the richest and successful entrepreneurs. Let’s know their tactics, motivation, and vision behind their unleashing success.

Ready to know their secret?

Let’s get inspired!

List Entry #1 Jeff Bezos: American Business Magnate

Jeff Bezos: American Business Magnate

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Full Name: Jeffrey Preston Bezos

Born: January 12, 1964

Known as: Founder and former CEO of Amazon

Net worth: $208.1 billion

Jeff Bezos is a famous business magnate. But he’s also known for media proprietary and investments. His biggest achievement was the making of the multinational technology company Amazon.

Who doesn’t know Amazon, right?

In case you’re wondering…

…Bezos was born in Albuquerque, New Mexico and grew up in Houston and Miami later on.

He completed his bachelor’s degree from Princeton University in 1968. He also has degrees in electrical engineering and computer science.

Whoa, slow down.

From 1986 to 1994, he worked on Wall street in different related fields. 

Later in 1994, Jeff laid the foundation for Amazon. Amazon is the biggest accomplishment of Bezos.

Bezos initially established Amazon as an online bookstore before upgrading to several e-commerce goods and services. 

The products include audio-video streaming, artificial intelligence (AI), and cloud computing. Recently, it became the biggest online sales company globally.

Not only this…

…Bezos also established the aerospace manufacturer and sub-orbital space flight services company in 2000. 

We know this company with the name ofBlue Origin.” Blue Origin’s New Shephard vehicle reached space in 2015 and then landed back on Earth.

He also acquired the major American newspaper “The Washington Post” in 2013 for $250 million. 

Additionally…

…he managed many other investments through his venture capital firm, Bezos Expeditions.

According to the most recent survey reports from Forbes and Bloomberg, Bezos is at the peak of the richest entrepreneurs in the entire world. He has an estimated net worth of greater than $200 billion.

For being a successful entrepreneur, you must have the guts to bear the risks and criticism.

Jeff Bezos once said that:

“If you can’t tolerate critics, don’t do anything new or interesting.”

Copy that, sir!

List Entry #2 Bill Gates: American Business Magnate

Bill Gates: American Business Magnate

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Full Name: William Henry Gates

Born: October 28, 1955

Known as: Co-founder of Microsoft

Net worth: $147.7 billion

Software development, investment, authorship, and philanthropy are the skills Bill Gates is famous for. He co-founded the personal computing industry known as Microsoft Corporation with his late childhood friend Paul Allen.

Bill Gates played a major role throughout his career at Microsoft.

In fact, he’s known as the company’s face.

Bill worked as the chairperson, chief executive officer (CEO), president, and chief software architect. He’s also the largest individual shareholder of his software company until 2014.

It was never without a challenge.

During the late 1990s, competitors started to criticize his business tactics. Several court rulings upheld this issue. 

In June 2008, Gates shifted his full-time role at Microsoft to a part-time role.

Later on, he started full-time work at the Bill & Melinda Gates Foundation

It’s a private charitable foundation established in 2000 and was co-founded by him and his former wife, Melinda Gates.

Later on…

…Bill quit his position as Chairman of the board of Microsoft in February 2014. He assumed a new post as technology adviser to support the newly appointed CEO Satya Nadella.

In March 2020, Gates left his board positions at Microsoft and Berkshire Hathaway. 

The reason is to focus on his philanthropic efforts. He did his efforts on climate change, global health and development, and education.

From the dropped out student of Harvard to becoming one of the richest entrepreneurs, Bill Gates’ journey is the icon of inspiration and success. 

As he once said:

“Success is a lousy teacher. It seduces smart people into thinking they can’t lose.”

Indeed.

List Entry #3 Mark Zuckerberg: American Media Magnate

Mark Zuckerberg: American Media Magnate

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Full Name: Mark Elliot Zuckerberg

Born: May 14, 1984

Known as: CEO of Facebook

Net worth: $127.7 billion

Mark Zuckerberg is the youngest among all the richest entrepreneurs in the world. He is known as an American media magnate, internet entrepreneur, and philanthropist.

Mark Elliot Zuckerberg is famous for founding and growing Facebook.

 Today, he continues to expand his media presence and legacy. 

As a matter of fact…

He brought several messengers and social media platforms under the banner of Facebook (and still continues to develop new ones!).

Zuckerberg was born in White Plains, New York. He went to Harvard University for further studies. 

He developed the Facebook social media networking service in 2004 at Harvard. His college-mates Eduardo Severin, Dustin Moskovitz, Andrew McCollum, and Chris Hughes helped him.

Facebook was initially launched to select college campuses. But later on, the site expanded beyond colleges. It reached one billion users by 2012.

Also…

…Mark Zuckerberg has co-founded the solar sail spacecraft development project. He also worked with them as a board member.

Mark Zuckerberg is the most popular entrepreneur among youngsters, and according to him:

“Move fast and break things. Unless you are breaking stuff, you are not moving fast enough.”

List Entry #4 Elon Musk: American Business Magnate

Elon Musk: American Business Magnate

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Full Name: Elon Reeve Musk

Born: June 28, 1971

Known as: CEO of SpaceX and Tesla, Inc.

Net worth: $167.3 billion

Elon Reeve Musk FRS is a centibillionaire with a net worth of over $100 billion. He is an American entrepreneur and business magnate.

He founded SpaceX and served as its CEO and Chief Engineer. 

SpaceX is an aerospace production and service for transportation in space company.

Moreover, he became a part of the electric vehicle company Tesla Motors. At first, he acted as the Chairman and product architect but was later promoted as CEO in 2008.

As if that’s not enough,

He also founded The Boring Company.

He also put down his efforts for Neuralink and OpenAI as co-founder.

Later in 2004, he joined electric vehicle manufacturer Tesla Motors, Inc. (now Tesla, Inc.) as Chairman and product architect, becoming its CEO in 2008.

The trait that can we learn from Elon is to let go of things; he says:

“Life is too short for long-term grudges.”

You see, to move forward, learn to let things go to give way for greater things ahead…coming from the billionaire’s mouth itself!

List Entry #5 Larry Page: American Media Magnate

Larry Page: American Media Magnate

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Full Name: Lawrence Edward Page

Born: March 26, 1973

Known as: Co-founder of Google

Estimated Net worth: $114.3 billion

Lawrence Edward Page created Google with his mate Sergey Brin. 

The establishment of Google is Lawrence Edward Page’s greatest achievement. By profession, he’s a computer scientist and an internet entrepreneur.

Did you know?

Lawrence, or more commonly known as Larry, became the CEO of Google twice in his career, from 1997 to August 2001 and later from April; 2011 until July 2015. 

Later on, he became the CEO of Alphabet. Alphabet handles delivering “major advancements” as the holding company of Google.

Lawrence retained this post until December 2019. After that, he remained a board member and controlling shareholder at Alphabet.

The establishment of Google contributed to making a considerable amount of wealth for Lawrence. 

According to recent statistics, he has a net worth of more than $100 billion. This puts him among the ranks of the top 10 richest people in the world by Forbes.

Larry encourages individuals to put forward their idea and try to make them a reality,

“You don’t need to have a 100 person company to develop that idea.”

Here’s the kick, you are enough for yourself, don’t look for the help or help of any business partner if you can’t find them. Go, get up, and the odds will be in your favor too.

List Entry #6 Amancio Ortega: Spanish Business Magnate

Amancio Ortega: Spanish Business Magnate

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Full Name: Amancio Ortega Gaona

Born: March 28, 1936

Known for: Zara Clothing and Accessories Shops

Net worth: $79 billion

Amancio Ortega Gaona is a Spanish Business Magnate. He works in the fashion and clothing field throughout his career.

In case you might be wondering…

…Amancio’s early life was rough and hard, just like the classic rags to riches stories.

He was born in Busdongo de Arbas, Spain, and spent his childhood at Tolosa, Gipuzkoa. 

He then left his school at the age of 14 because of his father’s job. Instead, he worked as a shop hand at a local shirt maker, Gala.

Starting with the Inditex fashion group, the future business magnate was the founder of said company and worked as its chairman. 

Later on, Zara’s clothing and accessories shops became his reason for prominence.

And it didn’t end there.

Amancio achieved the label of the richest man in the world for quite a short period in 2015, When the stocks of Zara’s holding organization, Inditex’s, climbed higher. 

By 2021, Amancio’s ranking as the 2nd wealthiest person in Europe!

Additionally…

…he ranks among the top fifteen entrepreneurs of the world. Amancio’s net worth is approximately $79 billion as of 2024.

List Entry #7 Sergey Brin: American Business Magnate

Sergey Brin: American Business Magnate

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Full Name: Sergey Mikhaylovich Brin

Born: August 21, 1973

Known as: Co-founder of Google along with Larry Page

Net worth: US$107.8 billion

Sergey Mikhaylovich Brin is an American business magnate, computer specialist, and web entrepreneur but is best known as the co-founder of Google along with Larry Page.

Did you know?

Sergey Brin was born in Moscow, Russia but migrated to the United States at the age of six.

He co-founded Google along with Larry Page and he, later on, worked as the president of Google’s parent company, Alphabet Inc., until 2019.

He and Page remain at Alphabet as the co-founders as well as the controlling shareholders, board members, and employees. 

Besties goal, isn’t it?

By 2021, Brin’s enjoying the 8th spot as the richest man in the world. 

Here’s the kicker.

One of Sergey Brin winning attitudes is his impeccable attention to detail, as evident by these words uttered by the billionaire himself:

“Solving big problems is easier than solving little problems.”

Indeed, what makes huge problems are the little problems we tend to ignore every day. With his attention to the smallest details, he’s able to give immediate solutions to a sprouting little problem, eventually eliminating them before they grow.

Will surely keep that in mind!

List Entry #8 Carlos Slim: Mexican Business Magnate

Carlos Slim: Mexican Business Magnate

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Full Name: Carlos Slim Helú

Born: January 28, 1940

Known as: CEO of Telmex

Net worth: $70.3 billion

Carlos Slim Helú is a Mexican business magnate, investor, and philanthropist. Slim was on top of the list as the wealthiest globally by Forbes business magazine from 2010 to 2013.

He gained his fortune by taken extensive holds on many Mexican companies.

Per the Bloomberg L.P. listing of the Bloomberg Billionaires Index, he has a net worth estimated at $70.3 billion. 

By 2021, Carlos Slim Helú is among the top 20 wealthiest people in the world by Forbes. 

As if that’s not enough…

…Carlos is also considered as the wealthiest person in Latin America.

Yes, you’ve read that right!

The essential parts of his conglomerate are:

  • Education
  • Industrial manufacturing
  • Health care
  • Transportation
  • Real estate
  • Energy
  • Media
  • Entertainment
  • Hospitality
  • Technology
  • Sports
  • Retail
  • Financial services

Reports show that he owns 40% of the records on the Mexican Stock Exchange!

At the same time, his net worth is comparable to about 6 percent of Mexico’s gross domestic product. 

He was the single shareholder of The New York Times Company as of 2016.

List Entry #9 Micheal Bloomberg: French Business Magnate

Micheal Bloomberg: French Business Magnate

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Full Name: Micheal Rubens Bloomberg

Born: February 14, 1942

Known for: Bloomberg Terminal

Net worth: $59 billion

Micheal Ruben Bloomberg has served New York City from the year 2002 to 2013 as the Mayor. For the year 2020 in the Democratic nomination, he was the nominee for the presidentship of the United States.

Yes, you’ve read that right.

In case you’re wondering…

Bloomberg lived his early life in Medford, Massachusetts. He also has degrees from Johns Hopkins University and Harvard Business School.

Michael Bloomberg’s career started from the securities brokerage Salomon Brothers in 1981. Later he created his own company. 

This financial information, software, and media firm has the name Bloomberg L.P after his name.

According to the Forbes ranking of April 2020, he was the sixteenth-richest person globally. 

Bloomberh had an estimated net worth of $48 billion at that time. 

By 2021, he’s ranking 8th in Forbes 400 with a net worth of $60.1 billion.

#10 Warren Buffet: American Business Magnate

Warren Buffet: American Business Magnate

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Full Name: Warren Edward Buffet

Born: August 30, 1930

Known as: CEO of Berkshire Hathaway

Net worth: $101.3 billion

At a very young age, Warren Edward Buffet developed his interest in entrepreneurship, showing very early signs of his entrepreneurial prowess.

Later on…

…the future billionaire entered the Wharton School of the University of Pennsylvania in 1947 before shifting to the University of Nebraska.

Warren graduated from Columbia Business School. The school reshaped the investment philosophy that he is famous for.

After that, he went to the New York Institute of Finance. 

Yes, to study yet again.

The institute helped focus on his economic background. He partnered with various business people there who are also now equally well-known.

Warren Buffet established his commercial real estate Buffett Partnership, Ltd, in 1956. 

His firm attained a textile production firm called Berkshire Hathaway. The purpose of this name is to make a diversified effect.

Warren is best known as an American businessman, investor, and philanthropist. He is currently working as the Chairman and CEO at Berkshire Hathaway. 

Having a net worth of over $100 billion, he is the most successful investor globally, as well as the seventh among the richest entrepreneurs globally.

#11 Bernard Arnault: French Business Magnate

Bernard Arnault: French Business Magnate

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Full Name: Bernard Jean Étienne Amault

Born: March 5, 1949

Known as: CEO of Louis Vuitton Moët Hennessy

Net worth: $189.2 billion

A French investor, business magnate, and art collector, Bernard Jean Étienne Arnault is affiliated with Louis Vuitton SE as the chairperson and chief executive officer.

Bernard Jean Étienne Arnault was born on 5 March 1949, in Roubaix, France. 

He got at the Lycée Maxence Van Der Meersch in same city, and the Lycée Faidherbe in Lille and completed his graduation from the École Polytechnique in 1971.

Bernard started to work with his father in his company. Later on, he convinced his father to shift the aim of the company to real estate. This change in focus became the foundation of his career.

According to Forbes, the centibillionaire Arnault is among the world’s wealthiest men.

Arnault’s fortune has jumped from $76 billion in March 2020 to $186.3 billion in May 2021, a massive rise of over $110 billion in the past months, thanks to a pandemic-defying performance by his luxury group LVMH.

Very clever!

#12 Larry Ellison: American Business Magnate

Larry Ellison: American Business Magnate

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Full Name: Lawrence Joseph Ellison

Born: August 17, 1944

Known for: Co-founder and former CEO of Oracle Corporation

Net worth: $114.9 billion

Lawrence Joseph Ellison is an American businessman and investor. He is famous for his affiliation with Oracle corporation. He co-founded Oracle Corporation and serves as the CEO and the chief technology officer (CTO).

As if that’s not enough…

…Lawrence Ellison also owns Lanai island, the 41st largest island in the US populated. More than 3000 individuals currently reside there.

In the early 1970s, Lawrence got inspired by the research of Edgar F. Codd on the topic of relational database designing for IBM. This inspiration led to the creation of Oracle corporation.

Ellison is at the 10th rank among the richest entrepreneurs, with a net worth crossed by $100 billion.

Ellison believes in breaking the norms and going out of the main flow if it seems right. The quote below reflects his thoughts on this matter:

“The only way to get ahead is to find errors in the conventional wisdom.”

Conclusion: Top 10 Richest People In The World

OK OK I know there were 12, we wanted to over deliver….

And that’s it for the world’s richest people with their little chunks of hard work, consistency, and financial risks.

Inspired enough?

Well, what’s the bottom line?

Entrepreneurial success is not the piece of cake it might seem to be. It requires years and sometimes decades of devotion, commitment, and determination.

Those who want to gain considerable success should take note of some important traits:

  • The courage of breaking the norms;
  • Belief in yourself;
  • Let go of the grudges in your heart;
  • Have insight into underlying issues;

And if this is not enough…

…have a look at 10 Success Tips From [Self Made] Billionaires as well as some Success lessons from Warren Buffet.

I hope you find this article helpful and enjoyable. Feel free to share this article with your friends, and if you want more inspirational articles, keep on browsing bouncemojo.com.

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