The Bloomberg Billionaires Index has recently updated its list of the world’s richest individuals, showcasing significant changes in the rankings. As of August 2024, American entrepreneur Elon Musk leads the pack with a staggering net worth of $235 billion. Musk’s wealth is primarily driven by his stakes in Tesla, SpaceX, and X Corp, formerly known as Twitter.
Jeff Bezos, the founder and former CEO of Amazon, holds the second position with a net worth of $193 billion. Despite stepping down from his role at Amazon, Bezos continues to see substantial gains from his investments and other ventures.
Bernard Arnault, the owner of the French luxury goods conglomerate LVMH (LVMH Moet Hennessy – Louis Vuitton), has slipped to fourth place. His net worth stands at $185 billion, placing him behind Mark Zuckerberg. Zuckerberg, the CEO of Meta Platforms, has climbed to third place with a net worth of $188 billion, reflecting a significant increase from previous valuations.
Bill Gates, the co-founder of Microsoft, rounds out the top five with a net worth of $154 billion. This means that Americans occupy four of the top five spots on the list, highlighting the dominance of U.S. entrepreneurs in the global wealth rankings.