According to CEOWORLD magazine, the year 2023 was a prosperous year for the world’s wealthiest individuals. The combined net worth of the top 20 wealthiest people increased by $620 billion. Out of these 20 individuals, 9 billionaires from the tech industry saw their fortunes grow by $466 billion. This growth was fueled by the intense hype surrounding artificial intelligence.
No one made more money than Elon Musk this year, as he regained his title as the world’s richest person from Bernard Arnault, a French luxury tycoon. Musk added an incredible $92 billion to his net worth.
Amazon’s Jeff Bezos also saw a significant increase in his wealth this year, with his fortune growing by over $69.9 billion. As a result, he is now tied for second place with Bernard Arnault. Additionally, the CEO of Meta Platforms Inc., Mark Zuckerberg, saw his net worth rise by more than $82.5 billion.
Unfortunately, not all billionaires had a successful year. Gautam Adani, an Indian billionaire, lost a staggering $36.2 billion in 2023 due to the Adani Group’s declining value, which was brought on by short-seller Hindenburg Research. Despite this setback, Adani still has a fortune in the 11-figure range.
Top 20 richest people in the world
- Elon Musk
Net worth: $229 billion
Wealth surged by: $92 billion - Bernard Arnault
Net worth: $179 billion
Wealth surged by: $17 billion - Jeff Bezos
Net worth: $177 billion
Wealth surged by: $69.9 billion - Bill Gates
Net worth: $141 billion
Wealth surged by: $31.5 billion - Steve Ballmer
Net worth: $131 billion
Wealth surged by: $45 billion - Mark Zuckerberg
Net worth: $128 billion
Wealth surged by: $82.5 billion - Larry Page
Net worth: $126 billion
Wealth surged by: $43.5 billion - Larry Ellison
Net worth: $123 billion
Wealth surged by: $31.1 billion - Sergey Brin
Net worth: $120 billion
Wealth surged by: $40.6 billion - Warren Buffett
Net worth: $120 billion
Wealth surged by: $12.3 billion - Carlos Slim
Net worth: $105 billion
Wealth surged by: $31 billion - Francoise Bettencourt Meyers
Net worth: $99.7 billion
Wealth surged by: $28.2 billion - Mukesh Ambani
Net worth: $96.3 billion
Wealth surged by: $9.23 billion - Amancio Ortega
Net worth: $87.5 billion
Wealth surged by: $32.9 billion - Gautam Adani
Net worth: $84.3 billion
Wealth lost by: $36.2 billion - Michael Dell
Net worth: $78.4 billion
Wealth surged by: $30.0 billion - Jim Walton
Net worth: $72.6 billion
Wealth surged by: $8.72 billion - Rob Walton
Net worth: $71.2 billion
Wealth surged by: $8.02 billion - Alice Walton
Net worth: $70.1 billion
Wealth surged by: $8.43 billion - Zhong Shanshan
Net worth: $67.7B
Wealth surged by: $155 million
What does the world hold in store for the richest people in 2024?
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