The list of the world’s wealthiest people as of 1 January, 2024 has been unveiled by Forbes – and Elon Musk is back on top of the richest men rankings.
Due to financial losses, Elon Musk, was overtaken in the world’s richest man list by Bernard Arnault in 2023.
But you can’t keep Elon Musk in second place and he’s regained the top spot.
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The combined wealth of the 10 richest men totals almost $1.47 trillion.
According to data from Forbes, this total is $350 billion higher than the combined net worth of 2023.
That came to $1.12 trillion.
And some familiar names including Bill Gates and Mark Zuckerberg are up there.
CEO of X, Tesla and SpaceX and several other profitable companies, Elon Musk has reclaimed his title at the top of the richest men list.
As of the beginning of 2024, Elon Musk’s net worth stands at a staggering $250.4 billion.
Despite some record-breaking losses in his wealth in 2023, that’s still a significant increase from $136.9 billion in 2023.
French billionaire, Bernard Arnault, has taken 2024’s second place.
Forbes reports his current net worth at $203.2 billion up from $183 billion in 2023.
A name that’s absent from this year’s top ten is Indian billionaire, Gautam Adani, who ranked last year.
Previously holding the position as the richest man in Asia, he started 2023 in a respectable third place with $126.2 billion.
However, corruption allegations in India have caused a significant dent in his wealth over the past 12 months.
India’s supreme court recently ruled that the investigation into Adani should be completed within a three-month window, which gave his stock a boost.
He’s entering the new year in sixteenth place with his net worth said to be $69.7 billion.
The Forbes list of the top 10 richest men in the world at the start of 2024:
- Elon Musk – $250.4 billion
- Bernard Arnault & family – $203.2 billion
- Jeff Bezos – $174.4 billion
- Larry Ellison – $133.8 billion
- Mark Zuckerberg – $123.6 billion
- Warren Buffett – $118.8 billion
- Bill Gates – $118.3 billion
- Larry Page – $116.2 billion
- Sergey Brin – $111.5 billion
- Steve Ballmer – $110.9 billion
