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Louis Vuitton’s chairman maintains top spot, Musk second as Forbes releases 2024 global billionaires list

Forbes released the 2024 Global Billionaires List on April 2. Data shows that the wealth of billionaires continues to expand.

According to the report, there are currently more billionaires than ever before: 2,781 in total, 141 more than last year and 26 more than the record set in 2021. They are also wealthier than ever, with total assets of $14.2 trillion, up $2 trillion from 2023 and $1.1 trillion above the previous record set in 2021.

The United States now has a record 813 billionaires, worth a total of $5.7 trillion; mainland China is second with 406 billionaires, worth a total of $1.33 trillion; India has a record 200 billionaires, Ranked third.

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Part of the list is as follows:

Top 10 richest people in the world

  • Arnault (LVMH Group): $233 billion

  • Musk (Tesla/SpaceX): $195 billion

  • Bezos (Amazon): $194 billion

  • Zuckerberg (Meta): $177 billion

  • Ellison (Oracle): $141 billion

  • Buffett (American stock god): $133 billion

  • Gates (Microsoft): $128 billion

  • Ballmer (former Microsoft CEO/NBA Clippers owner): $121 billion

  • Ambani (Reliance Industries): $116 billion

  • Page (Google): $114 billion

Louis Vuitton's chairman maintains top spot, Musk second as Forbes releases 2024 global billionaires list

Top 10 richest people in Mainland China

  • Zhong Suisui (founder of Nongfu Spring): US$62.3 billion

  • Zhang Yiming (Founder of ByteDance): US$43.4 billion

  • Huang Zheng (Founder of Pinduoduo): US$38.9 billion

  • Ding Lei (founder of NetEase): US$33.5 billion

  • Ma Huateng (Chairman of Tencent): US$30.2 billion

  • He Xiangjian (co-founder of Midea): US$25.1 billion

  • Jack Ma (co-founder of Alibaba): $24.5 billion

  • Li Shufu (Chairman of Geely Holding Group): US$16.8 billion

  • Qin Yinglin (Chairman of Muyuan Food): US$15.5 billion

  • Wang Chuanfu (Chairman and President of BYD): US$14.2 billion

Bernard Arnault, chairman and CEO of LVMH Group, continues to be the world’s richest man, with his personal wealth increasing by 10% from 2023 to US$233 billion. Elon Musk still ranks second this time, with a personal wealth of approximately US$195 billion. Although this figure increased by 8% from last year, due to the decline in Tesla stock prices, this figure is far lower than its previous high of US$300 billion. With the highest personal wealth in the world, Musk is also the first rich man in the world with a personal wealth of US$300 billion.

In addition, Nvidia co-founder Huang Jenxun has become the richest man in China with a personal fortune of US$77 billion, ranking 20th on the overall list.

This year’s list welcomed a total of 265 new faces, including fashion designer Christian Louboutin ($1.2 billion); NBA legend “Magic” Johnson ($1.2 billion); television producer Dick Woo Golf ($1.2 billion); pop singer Taylor Swift, who became a billionaire through concert tours and concert videos ($1.1 billion); and OpenAI’s Sam Altman ($1 billion), etc.

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James Ovie
James Ovie
James Ovie is a tech Blogger with vast experience in mobile devices and other gadgets.

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