Mr. Arnault also holds the position of President of the Board of Directors of Groupe Arnault S.E., his family holding company. Zuckerberg has faced criticism over Meta’s handling of privacy concerns, data breaches, misinformation, and its role in political discourse. These issues have led to public and regulatory scrutiny, and he has testified before the U.S. Zuckerberg’s wealth primarily comes from his ownership stake in Meta, which grew rapidly due to Facebook’s widespread popularity and successful business model, which includes advertising and other monetization strategies. Zuckerberg’s prominence in the technology industry has prompted political and legal attention.
- Individuals whose fortunes are significantly tied to private companies will have their net worths updated once a day.
- On February 4, 2014, Ballmer retired as CEO and was replaced by Satya Nadella; Ballmer remained on Microsoft’s Board of Directors until August 19, 2014, when he left to prepare for teaching a new class.
- He acquired Christian Dior and used this investment as a foundation to expand into the luxury sector, eventually building LVMH.
- Steve Ballmer also made his fortune through Microsoft and was one of the company’s earliest executives.
- Here are the world’s 10 richest people and some of their key investments, according to the Bloomberg Billionaires Index, as of Jan. 5, 2025.
- His disciplined approach to investing, along with his acquisitions of profitable companies, has grown his fortune and cemented his reputation in finance.
Elon Musk net worth — $421 bn
Gates is also known for his philanthropic endeavors, namely at the Bill & Melinda Gates Foundation, a private charitable foundation. William Henry Gates III is an American business magnate and philanthropist. He is a co-founder of Microsoft, along with his late childhood friend Paul Allen. During his career at Microsoft, Gates held the positions of chairman, chief executive officer (CEO), president and chief software architect, while also being the largest individual shareholder until May 2014. Amancio Ortega is the founder of Inditex, the parent company of Zara, one of the world’s largest fashion retailers. He revolutionized the fashion industry with his fast-fashion model, allowing Zara to quickly respond to trends and bring new styles to market.
Most Richest People in the World 2025. TOP 50 Billionaires List (January)
Beyond Google and Alphabet, Page has invested in various ventures, particularly in advanced technology fields like healthcare and artificial intelligence. He is also interested in sustainable energy and has invested in projects focused on reducing environmental impact. Larry Page is known for his ambitious approach to innovation, often pushing for “moonshot” projects—high-risk, high-reward initiatives. Through Alphabet’s X, the company’s research lab, Page has championed projects like self-driving cars (Waymo), smart cities, and life sciences research.
Third, these billionaires have built their wealth over decades; they’re not overnight lottery winners. Unquestionably they had some advantages — some were in the right place at the right time — but they all owned growing assets and then used time to compound their returns. And time is something that individuals have whether they’re rich or poor, well-placed or not.
Billionaires around the world
- Additionally, when it comes to inflation, because energy and food are essential goods with few substitutes higher prices are particularly painful for low-income households.
- He was born in South Africa and attended a university in Canada before transferring to the University of Pennsylvania, where he earned bachelor’s degrees in physics and economics.
- Beinsure Media has collected the Forbes Billionaires Index data and presents a ranking of the world’s richest people as January 2025.
- Real-Time Billionaires rankings tracks the daily ups and downs of the world’s richest people.
- The 2013 list featured 138 women, of which 50 came from the United States.
- These issues have led to public and regulatory scrutiny, and he has testified before the U.S.
- We do not include the universe of companies or financial offers that may be available to you.
Arnault remained Férinel’s chair for another six years, until he acquired and reorganized luxury goods maker Financière Agache in 1984, eventually selling all its holdings other than Christian Dior and Le Bon Marché. He was invited to invest in LVMH in 1987 and became the majority shareholder, chair of the board, and CEO of the company two years later. Steve Ballmer also made his fortune through Microsoft and was one of the company’s earliest executives. He eventually led the top 100 richest person in world company from 2000 to 2014, and subsequently co-purchased the Los Angeles Clippers, a pro basketball franchise of the National Basketball Association. Along with Page, Sergey Brin co-founded Google and served as the company’s president for many years until stepping down in 2019.
Bernard Arnault is the founder, chairman, and CEO of LVMH Moët Hennessy Louis Vuitton. His conglomerate owns a bevy of luxury brands, including Dior, Fendi, Dom Pérignon, Sephora, and Tiffany & Co. Members of this elite group have amassed 12-digit fortunes by owning huge amounts of stock in some of the world’s most valuable companies.
As of 13th January 2023, he was listed by Bloomberg Billionaires Index as the seventh-wealthiest person in the world, with an estimated fortune of $98.2 bn. Ellison is also known for his 98% ownership stake in Lanai, the sixth-largest island in the Hawaiian Archipelago. The 38th annual Forbes list of the world’s billionaires found a record 2,781 billionaires with a total net wealth of $14.2 trillion. This is an increase of 141 members and $2 trillion from 2023, which held the previous record for the highest net worth gain on the list, surpassing the $900 billion record set in 2022. Two-thirds of the list members are wealthier compared to the previous year, including Mark Zuckerberg, whose net worth increased by $112.6 billion.
She and her sister, Dora Voigt de Assis, 26, are two of the seven new additions among the youngest billionaires, with 18 being heirs. A rotating cast of the five biggest winners and losers throughout the day is featured at the top of the page, followed by the complete list of billionaires ranked in order of net worth. Her mother died in September 2017 when her net worth was about $39.5 bn, which makes Bettencourt Meyers among the top 20 richest people in the world.
Buffett believes in value investing, focusing on companies with strong fundamentals, competent management, and long-term growth potential. He famously avoids high-risk speculative investments, preferring stable companies with proven track records. Sergey’s research interests include search engines, information extraction from unstructured sources, and data mining of large text collections and scientific data. Page’s wealth comes largely from his substantial stake in Alphabet, the parent company of Google. Google’s consistent growth and dominance in digital advertising have significantly increased Alphabet’s value, contributing to Page’s high net worth.
Bernard Arnault remained there until 1984, when he undertook the reorganization of the Financière Agache holding company. He began his professional career that year as an engineer with the Ferret-Savinel construction company and successively was promoted to various executive management positions before becoming Chairman in 1978. Zuckerberg and his wife, Priscilla Chan, co-founded the Chan Zuckerberg Initiative, focusing on philanthropic efforts in areas like education, science, and criminal justice reform. He is also interested in technology innovations, AI, and health-related projects.