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 billionaires.
Here is the detailed list of top 10 richest billionaires in the world in 2023:
10. STEVE BALLMER
- Age: 67 years
- Net Worth: $98.1 Billion (as of October 2023)
- Source of Wealth: Microsoft
Steve Ballmer was born on March 24, 1956, in Detroit, Michigan. He served as the CEO of Microsoft Corporation from 2000 to 2014. Steve joined Microsoft in 1980 as the 30th employee at the age of 24. In 2000, he became the second CEO of the company. Under his leadership, the company’s revenue tripled.
Steve is the owner of the Los Angeles Clippers of the National Basketball Association (NBA). He is also active in different charitable projects. In 2018, he invested $59 million in Social Solutions, a company that makes software for nonprofits and government agencies.
9. BILL GATES
- Age: 67 years
- Net Worth: $108.2 Billion (as of October 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.”
8. MARK ZUCKERBERG
- Age: 39 years
- Net Worth: $108.8 Billion (as of October 2023)
- Source of Wealth: Facebook
Mark Zuckerberg is the Co-Founder and CEO of Meta (earlier Facebook). He founded the very popular networking site in 2004 in his Harvard University dorm room along with Eduardo Saverin, Chris Hughes, Andrew McCollum and Dustin Moskovitz. His firm Meta has acquired many companies over the years, including Instagram in 2012 for $1 billion, Oculus VR in 2014 for $2 billion, WhatsApp in 2014 for $22 billion and several other companies.
Although Mark makes a salary of $1 a year at Facebook, his wealth is tied up to his 13% shares in the company. He is the largest shareholder of Meta, which makes him one of the richest men on Earth.
7. SERGEY BRIN
- Age: 50 years
- Net Worth: $109.3 Billion (as of October 2023)
- Source of Wealth: Google
Sergey Brin is a renowned computer scientist and co-founder of Google. With his pioneering spirit, he was instrumental in the establishment of Google, which has become the dominant force in the world of search engines, shaping the landscape of the internet as we know it today.
Born in Moscow, Russia in 1973 to Jewish parents, Sergey Brin grew up in an intellectual environment, with his father being a mathematics professor. His educational background and passion for exploring new frontiers in computer science paved the way for his groundbreaking work in creating Google. Outside of his professional accomplishments, Brin is also a family man. He is married to Anne Wojcicki, and together they have a son and a daughter.
6. LARRY PAGE
- Age: 50 years
- Net Worth: $113.9 Billion (as of October 2023)
- Source of Wealth: Google
Co-Founder of Google, Larry Page is a genius that brings a whole new revolution to the Web world. He founded Goggle in 1998 with Sergey Bin who was his fellow PhD student. Born in 1973, his father was a Professor of Computer Science. He completed his graduation in Computer Engineering from Michigan State University. Page stepped down as a CEO in 2001. Google become the most used search engine in the entire world. His brilliant idea and innovation make him one of the richest billionaires in the world.
5. WARREN BUFFETT
- Age: 93 years
- Net Worth: $114.8 Billion (as of October 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: 79 years
- Net Worth: $137.6 Billion (as of October 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: 59 years
- Net Worth: $150.0 Billion (as of October 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. BERNARD ARNAULT & FAMILY
- Age: 74 years
- Net Worth: $184.7 Billion (as of October 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.
1. ELON MUSK
- Age: 52 years
- Net Worth: $260.3 Billion (as of October 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.
