Tech firm owners lead Forbes’ billionaires list for 2024

Tech firm owners lead Forbes’ billionaires list for 2024

Technology firm house owners, notably the house owners of high social media platforms and e-commerce websites, dominated the “World’s Billionaires List 2024” printed by American journal Forbes this week.

Bernard Arnault, CEO of LVMH, the world’s largest luxurious items firm, topped the record because the richest individual on the planet for the second time, with a web value of $233 billion.

Elon Musk, proprietor of SpaceX, Neuralink, and X, got here in second with a web value of $195 billion. He was additionally positioned second final yr, together with his fortune calculated at $180 billion.

Jeff Bezos, founder and CEO of e-commerce large Amazon, got here in third. He was on the rise, particularly at the beginning of the COVID-19 pandemic, as he managed to extend his web value from $113 billion in 2020 to $177 billion solely a yr later.

He had a fortune of $171 billion in 2022, although this determine fell to $114 billion in 2023.

Nonetheless, Bezos’s fortunes rose once more this yr, as he achieved a web value of $194 billion, based on Forbes.

Mark Zuckerberg, CEO of the tech conglomerate Meta, which owns WhatsApp, Instagram and Facebook, was within the limelight as one of many individuals who elevated their wealth probably the most on the record.

Zuckerberg ranked sixteenth in final yr’s Forbes record with a worth of $64.4 billion. He nearly tripled this determine in 2024, reaching $177 billion and rating fourth within the record.

Larry Ellison, founder and CEO of Oracle, ranked fifth with a web value of $141 billion, whereas Bill Gates, the founding father of Microsoft, ranked seventh with a web value of $128 billion.

Steve Balmer, the previous CEO of Microsoft, was ranked eighth within the annual wealthy record with $121 billion. He was adopted by Larry Page, one in every of Google’s founders, who had $114 billion and was ranked tenth.

Sergey Brin, who, along with Page, is co-founder of Google, has reserved eleventh place on the record with $110 billion.

Although Chinese tech firm executives weren’t among the many high 10, Zhang Yiming, the founding father of ByteDance and proprietor of TikTok, reserved the twenty seventh place with a web value of $43.4 billion.

“What a year it’s been for the planet’s billionaires, whose fortunes continue to swell as global stock markets shrug off war, political unrest and lingering inflation,” the journal stated within the opening assertion previous the record of billionaires.

“There are now more billionaires than ever: 2,781 in all, 141 more than last year and 26 more than the record set in 2021,” Forbes stated.

Quoting excessive on the record had been Spanish businessperson Amancio Ortega, founding father of style group Inditex, extremely acknowledged for its Zara model, who claimed the thirteenth spot with a web value of $103 billion, only a place behind Michael Bloomberg, founding father of Bloomberg and former New York mayor, on the web value of $106 billion.

Dozens of latest names have made it onto the record of the world’s billionaires, Forbes has revealed, with each Taylor Swift and OpenAI CEO Sam Altman making an look for the primary time.

This yr, 27 names from Türkiye additionally discovered their place on Forbes’ Billionaires List. Yıldız Holding Board Member Murat Ülker ranked first on the record of Türkiye’s billionaires, whose wealth was recorded at $5 billion.

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