Business magazine, Forbes, has released an updated list of the world’s richest individuals, which has witnessed almost no change after the January 2024 update.
Leading the pack as of March 1, 2024, is Bernard Arnault, CEO of LVMH, the world’s largest luxury goods company. Arnault became the richest person in the world by adding $19 billion to his net worth in the past month.
His total net worth, according to Forbes, stands at $229.8 billion, surpassing Tesla Founder Elon Musk and Amazon founder, Jeff Bezos.
According to Forbes’ real-time billionaires list, although Elon Musk remains in number 2, his net worth rebounded above $200 billion, from $182.6 billion in January.
His total net worth currently stands at $209.7 billion, after adding almost $27 billion in the past month.
Amazon founder, Jeff Bezos’ net worth is pegged at $195.5 billion, while Meta Founder, Mark Zuckerberg, saw his fortune rise by $35 billion on the back of Meta’s stock price surging significantly.
Zuckerberg currently remains No. 4 in the world with a net worth of $172.3 billion.
Oracle’s Larry Ellison, who was previously No. 4 on the list, has now moved to No. 5 in the past month.
India’s Mukesh Ambani returned to the list since he made his last appearance back in February 2022.
This is on the back of Disney announcing that it would merge its operations in India with Ambani’s Reliance Industries in an $8.5 billion deal.
Mukesh Ambani’s net worth stands at $114.4 billion as of midnight on March 1, 2024.
Meanwhile, Forbes said that about nine of the world richest people became wealthier than they were a month ago.
When put together, these individuals are worth a combined $1.56 trillion in fortunes, which is $115 billion more than they were a month ago.
See the full list below, complied by Forbes as of March 1, 2024
1. Bernard Arnault
Net worth: $229.8 billion
Source: LVMH/ luxury goods
2. Elon Musk
Net worth: $209.7 billion
Source: Tesla, SpaceX, X (Twitter)
3. Jeff Bezos
Net worth: $195.5 billion
Source: Amazon
4. Mark Zuckerberg
Net worth: $172.3 billion
Source: Meta (Facebook)
5. Larry Ellison
Net worth: $139.4 billion
Source: Oracle
6. Warren Buffett
Net worth: $134.6 billion
Source: Berkshire Hathaway
7. Bill Gates
Net worth: $127.5 billion
Source: Microsoft, investments
8. Steve Ballmer
Net worth: $121.5 billion
Source: Microsoft, Clippers, investments
9. Larry Page
Net worth: $115.1 billion
Source: Google
10. Mukesh Ambani
Net worth: $114.4 billion
Source: Reliance Industries
With additional files from Forbes