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The Kenya Times
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    Equity Bank Ceo In A Trade Meeting With Delegates. Photo/Ogilvy

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Forbes Unveils World Billionaires in Latest Ranking

by William Abala
April 2, 2024
Reading Time: 5 mins read
A Photo Collage Of World Billionaires. Photo/Courtesy

A photo collage of World billionaires. PHOTO/COURTESY

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The latest Forbes Real-Time Billionaires 2024 rankings offer a captivating glimpse into the world’s wealthiest and richest individuals.

At the top of this elite cohort stands Bernard Arnault & family, with a staggering net worth of $226.4 billion. 

The visionary behind LVMH, Arnault’s innovative endeavors continue to propel him to the pinnacles of wealth.

Following closely behind is Jeff Bezos, the mogul behind Amazon, commanding a formidable fortune of $198.9 billion. 

Despite relinquishing his role as Amazon’s CEO, Bezos still remains a force to reckon with in the scope of global commerce.

In the fast-paced realm of technology and innovation, luminaries like Elon Musk and Mark Zuckerberg assert their prominence. 

Musk, the mind behind Tesla and SpaceX, boasts a net worth of $195.0 billion coming in third position in the Forbes list. 

Forbes Unveils World Billionaires In Latest Ranking
Warren Buffet and Billy Gates. PHOTO/COURTESY

Meanwhile, Mark Zuckerberg solidifies his status as the fourth richest billionaire, with a wealth tally of $172.3 billion.

Larry Ellison, the stalwart of Oracle, and Warren Buffett, who hails from Berkshire Hathaway, maintain formidable fifth and sixth positions respectively within the billionaire rankings. 

The American dominance extends further with Bill Gates in the seventh position, followed by Larry Page in eighth, as Steve Ballmer and Sergey Brin close the ninth and tenth positions respectively, making their marks on the top ten global Forbes 2024 Billionaires rankings.


Also Read: Forbes 30 Under 30


Gates, the co-founder of Microsoft, continues to shape philanthropy and technology with a net worth of $131.3 billion.

The co-founders of Google, Page, and Brin, dominates the digital space, amassing wealth amounting to $129.4 billion and $124.3 billion, respectively.

India and Spain Features on a List Dominated by USA

Beyond the borders of the United States, Mukesh Ambani of India and Amancio Ortega of Spain add diversity to the billionaire list.

Ambani’s diversified ventures and Ortega’s iconic Zara brand continues to reign, pointing out to the global nature of wealth creation and entrepreneurship.

Noteworthy is the rise of Gautam Adani, the infrastructure magnate from India, whose net worth surged to $84.7 billion, showing the economic prowess of emerging markets.

Similarly, Zhong Shanshan, the maverick behind beverages and pharmaceuticals in China, ascends the ranks with a net worth of $64.5 billion, emblematic of China’s ascent in the global economic arena.

Below is the list of the billionaires along with their countries and net worth as per the Forbes ranking:

  1. Bernard Arnault & family – France – $226.4 billion
  2. Jeff Bezos – United States – $198.9 billion
  3. Elon Musk – United States – $195.0 billion
  4. Mark Zuckerberg – United States – $172.3 billion
  5. Larry Ellison – United States – $155.0 billion
  6. Warren Buffett – United States – $138.5 billion
  7. Bill Gates – United States – $131.3 billion
  8. Larry Page – United States – $129.4 billion
  9. Steve Ballmer – United States – $125.4 billion
  10. Sergey Brin – United States – $124.3 billion
  11. Mukesh Ambani – India – $116.6 billion
  12. Amancio Ortega – Spain – $113.1 billion
  13. Michael Bloomberg – United States – $106.2 billion
  14. Carlos Slim Helu & family – Mexico – $102.6 billion
  15. Francoise Bettencourt Meyers & family – France – $95.2 billion
  16. Michael Dell – United States – $93.1 billion
  17. Gautam Adani – India – $84.7 billion
  18. Jensen Huang – United States – $79.4 billion
  19. Jim Walton & family – United States – $78.3 billion
  20. Rob Walton & family – United States – $77.2 billion
  21. Alice Walton – United States – $72.2 billion
  22. Zhong Shanshan – China – $64.5 billion
  23. Julia Koch & family – United States – $64.3 billion
  24. Charles Koch & family – United States – $58.5 billion
  25. Tadashi Yanai & family – Japan – $44.6 billion

About Forbes Platform Tracker

This wealth-tracking platform offers continuous updates on the net worth and ranking of each billionaire officially recognized by Forbes.

The platform ensures that the values of individuals’ public holdings are refreshed every five minutes during stock market hours, with a slight delay of 15 minutes for stock prices.


Also Read: Top Five Richest People in the World 2023


For billionaires whose wealth is predominantly tied to private companies, their net worths are adjusted once a day.

Furthermore, in cases where an individual’s fortune is significantly linked to a private enterprise comprising 20% or more of their net worth, adjustments are made based on industry- or region-specific market indices provided by FactSet Research Systems, Forbes’ partner.

The platform features a dynamic display, showcasing the five biggest winners and losers of the day, followed by the comprehensive list of billionaires ranked by their net worth.

Forbes Unveils World Billionaires In Latest Ranking
Bernard-Arnault and family. PHOTO/COURTESY

Tags: Forbes

William Abala

Based in Nairobi, Kenya, William Abala is an environmental Journalist, climate reporter, and fact checker with four years of professional experience in climate change, rural livelihoods, and land use change. He is also passionate about governance, politics and telling the African story that can induce audience attention and invigorate participation and interest in current affairs. He also holds a Bachelor’s Degree in Journalism and Mass Communication (First Class Honors) from Chuka University, Kenya, and is currently pursuing his Master’s Degree in Journalism and Mass Communication, majoring in Environmental Journalism.

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