It sounds very fascinating to establish a business empire that establishes its unique place in the market worth billions. Here we will talk about the richest billionaires in the world and how their brands are making a difference in the business world. Billionaires are not only changing the business dynamics but are also playing a pivotal role in the global economy, politics and Philanthropy.
Since the net worth includes cash, stocks and other investments, fluctuation in the market impacts the list of the billionaires.
Here is the detailed list of the richest billionaires in the world in 2023:
10. FRANCOISE BETTENCOURT MEYERS & FAMILY
- Age: 69 years
- Net Worth: $82.0 Billion (as of January 2023)
- Source of Wealth: L’Oréal
Heiress to the L’Oréal beauty empire, Francoise Bettencourt is the richest woman in the world. After the death of Liliane Bettencourt, her mother in September 2017, Francoise inherited around 39.5 billion euros.
She is a known philanthropist. She created Bettencourt Schueller Foundation in 1987 and aims to contribute to a better french society. She is also a published author. She has written many Biblical commentaries. Her book on the Greek gods is quite famous.
9. MUKESH AMBANI
- Age: 65 years
- Net Worth: $84.0 Billion (as of January 2023)
- Source of Wealth: Reliance, Jio
Chairman and Managing Director of Reliance Industries Limited, Mukesh Ambani is the business magnate of India. Born to Kokilaben Ambani and Dhirubhai Ambani, the renowned industrialist of India, he had business in his blood. He completed his graduation in electrical engineering from the University of Bombay. He later joined Stanford University to pursue his master’s degree but dropped out to join the family business.
He was awarded ET Businessman of the year in 2006. He and his wife Nita Ambani owns a cricket team named Mumbai Indians in the Indian Premium League. In 2016, Mukesh Ambani launched Jio which provides high-speed internet at affordable prices. To make India digitally advanced, Ambani said in one of his interviews, “Reliance Jio will transform India from the highest tariff market to the lowest, anywhere in the world.”
8. GAUTAM ADANI & FAMILY
- Age: 60 years
- Net Worth: $87.2 Billion (as of January 2023)
- Source of Wealth: Adani Group
Hailing from a typical Gujarati family, business runs through Gautam Adani’s veins. Once a college dropout is now a business tycoon and Asia’s richest person. Gautam Adani is the Founder and Chairman of the Adani Group which comprises companies like Adani Wilmar, Adani Green Energy, Adani Transportation, Adani Total Gas and Adani Power.
The fact that not many people know about Gautam Adani is that he was the hostage in the attack of 26/11 in the Taj Hotel. He was later rescued by NSG Commando.
Starting his career as a diamond sorter, Gautam Adani has come a long way and emerged as the richest person in Asia, and is also listed among the richest billionaires in the world. The success story of Gautam Adani is inspiring the youth to work hard and achieve their goals.
7. CARLOS SLIM HELU & FAMILY
- Age: 82 years
- Net Worth: $92.5 Billion (as of January 2023)
- Source of Wealth: Grupo Carso
Born on January 28, 1940, Carlos Slim Helu is a Mexican entrepreneur. His business largely focuses on the telecommunications industry in Mexico. He was only 11 years old when he invested in a government savings bond. He purchased his first stock at 12 years of age and was a shareholder in the largest bank of Mexico by the time he was 15 years old. As a teenager, he worked in his father’s company and used to earn 200 pesos a week.
Founded in 1980, Grupo Carso is the owner of Grupo Carso, one of the largest conglomerates in Latin America. The company engages in energy, infrastructure, retail, industrial, and construction businesses. Sim and his family own a 79 per cent stake in the company.
6. BILL GATES
- Age: 67 years
- Net Worth: $104.1 Billion (as of January 2023)
- Source of Wealth: Microsoft
One of the most successful entrepreneurs, Bill Gates is named among top 10 richest billionaires in the world. He is the Founder and former CEO of Microsoft. The leadership styles of Bill Gates make him stand out from the crowd. He stepped down from the position of CEO in 2000 to focus on his foundation.
Born in 1995 in Seattle, U.S., he developed his interest in computers and technology from childhood. He helped a group of programmers during his high school in the payroll system and founded Traf-O-Data.
He dropped out of Harvard University and formed Microsoft in 1975 with his friend Paul G. Allen. In the early 1990s, with his entrepreneurial vision & skills, Gates emerged as the kingmaker of the PC industry. Known for his charitable deed and donations, he also raises concerns about climate change. In one of his interviews, he once said, “Climate change is a terrible problem, and it absolutely needs to be solved. It deserves to be a huge priority.”
5. WARREN BUFFETT
- Age: 92 years
- Net Worth: $107.9 Billion (as of January 2023)
- Source of Wealth: Berkshire Hathaway
The most admirable investor of the world, Warren Buffett is not just a name but a brand in itself. Born in Omaha, in 1930, he is an American businessman and philanthropist. Also known as the ‘Oracle of Omaha’, Buffett’s knowledge and expertise in investment are strategically genius and precocious. Warren owns the renowned company, Berkshire Hathaway and has majorly invested in companies like Coca-Cola, American Express and Bank of America.
A person with a heart of gold donates generously to charitable foundations. He also runs a foundation named after his late wife that supports women’s reproductive rights. He announced his plans to donate his entire wealth to charity.
4. LARRY ELLISON
- Age: 78 years
- Net Worth: $112.7 Billion (as of January 2023)
- Source of Wealth: Oracle
The founder of Oracle, Larry Ellison has built a software company with three programmers into the second-largest supplier of business applications in the world. No journey is smooth. Larry’s journey was no different. He faced many setbacks until 1992 when the release of Oracle 7 swept the market.
Larry was born in 1944 in New York, U.S. He was a college dropout twice and became a billionaire at the age of 49. His journey from a college dropout to an International Tech giant is worth inspiring.
3. JEFF BEZOS
- Age: 58 years
- Net Worth: $125.4 Billion (as of January 2023)
- Source of Wealth: Amazon
Founder and Executive Chairman of Amazon, Jeffrey Preston Bezos successfully secures his position in the list of top richest billionaires in the world. The biggest face of the eCommerce industry, Bezos made Amazon flourish. He stepped down as Amazon’s CEO in 2021 and handled all the roles over to Andy Jassy.
He is well known for his philanthropic deeds and donates generously to the cancer research centre and education for underprivileged students.
Talking about his education, he graduated from Princeton University in electrical engineering and computer science. The first company Bezos joined was New York Investment Bank and soon became Vice President. He was the youngest person to hold such a big position.
2. ELON MUSK
- Age: 51 years
- Net Worth: $181.3 Billion (as of January 2023)
- Source of Wealth: Tesla, SpaceX
The richest person in the world and a self-made entrepreneur, Elon Musk is the mastermind of the electric vehicle company, Tesla Motors. From being one of the primary investors in the company, he is now the CEO of the company. He is also known for inventing a private spaceflight company SpaceX in 2002.
Born in South Africa, he completed his education at the University of Pennsylvania in Physics. His passion for technology is beyond imagination. The influence of Elon Musk is so powerful that with his single tweet, the entire market can change drastically. He has recently acquired Twitter with a whopping amount of $ 44 billion and made the biggest deal in the tech industry in history. The famous character of the Marvel series ‘Iron Man’ is inspired by Elon Musk, some parts of the movie were also shot at SpaceX.
1. BERNARD ARNAULT & FAMILY
- Age: 73 years
- Net Worth: $213.7 Billion (as of January 2023)
- Source of Wealth: LVMH
Listed among the world’s top 10 richest billionaires, Bernard Arnault is the CEO and Chairman of the LVMH, the world’s luxurious goods industry. LVMH comprises the world’s most renowned luxury brands like Louis Vitton, Christian Dior, Sephora, Dom Perignon, Hennesy and Moët et Chandon.
Bernard Arnault was born in Roubaix, France. The professional journey of Arnault began in his father’s manufacturing company. He convinced his father to liquidate the company and enter the Real Estate market. In 1987, he invested in LVMH, and since then he brought a revolution to the fashion industry through its luxury brands.