Rich people have always fascinated the world with all the gold in their names. For business memoranda and to satisfy the publics keen interest, several Billionaires Lists or Real-Time Billionaires Lists are being compiled from time to time.The list in general is a yearly list of the richest billionaires in the world, based on their recorded net worth. Forbes Magazine creates and publishes its list every March. The rankings first edition came out in 1987, and ever since, it hasnt lost popularity.The stated assets of each person are used to estimate their net worth after taking debt and other factors into account. The ranking included each persons entire net worth in US dollars. These lists do not include monarchs or autocrats whose wealth is the result of their position or inheritance.Heres the list of the top 10 richest men in the world as of September 2023.Elon Musk tops the list of Billionaires. He is the worlds richest person, with a net worth of over US$240 Billion.S. No.NameNet worth (in Billions)Country1.Elon Musk$240.7United States2.Bernard Arnault and family$231.4France3.Jeff Bezos$154.9United States4.Larry Ellison$146.1United States5.Bill Gates$119.3United States6.Warren Buffet$117.4United States7.Mark Zuckerberg$115.2United States8.Larry Page$111.9United States9.Sergey Brin$106.2United States10.Steve Ballmer$103.4United States1. Elon MuskAge: 51 yearsNet worth: US$240.7BSource: Tesla and SpaceXResidence: Austin, TexasCitizenship: United StatesThe richest man in the world is Elon Musk. He co-founded businesses like the rocket manufacturer SpaceX, the electric vehicle manufacturer Tesla, and the startup tunneling company Boring Company. His financial prosperity is largely dependent on Teslas achievements. For US$44 billion, Musk bought Twitter in October 2022.2. Bernard Arnault & family Age: 74 yearsNet worth: US$231.4BSource: LVMH/ luxury goodsResidence: ParisCitizenship: FranceThe CEO of Moet Hennessy Louis Vuitton (LVMH), the largest luxury goods corporation in the world with almost 70 recognised clothing and cosmetics brands, is Bernard Arnault. Tiffany & Co. was successfully acquired by LVMH in January 2021 for an astounding $15.8 billion.The five offspring of Arnault are involved in various facets of the vast LVMH enterprise. He named his daughter Delphine to run Dior, the second-largest brand in the group, in January 2023.3. Jeff BezosAge: 59 yearsNet worth: US$154.9BSource: AmazonResidence: Medina, WashingtonCitizenship: United StatesIn July 2021, Jeff Bezos decided to give up his role as CEO of the e-commerce powerhouse Amazon while still maintaining his position as chairman.Bezos owned an aerospace company named Blue Origin, which designs rockets, and fled to space in July 2021 along with The Washington Post.4. Larry EllisonAge: 78 yearsNet worth: US$146.1BSource: OracleResidence: Lanai, HawaiiCitizenship: United StatesLarry Ellison is now ranked fourth among all billionaires. He is the chairman, chief technology officer, and co-founder of the large software company Oracle, which he controls 35% of. In 2014, he resigned as Oracles CEO. He paid $300 million for the Hawaiian island of Lanai before relocating there permanently. In December 2018, he acquired 3 million Tesla shares and became a board member.5. Bill GatesAge: 67 yearsNet worth: US$119.3BSource: Microsoft, investmentsResidence: Medina, WashingtonCitizenship: United StatesOn the current list of billionaires, he is in fifth place. His investments in clean energy and his income from Microsoft account for a sizeable amount of his wealth. In 1975, Bill and Paul Allen co-founded Microsoft as of March 2020, Bill owned under 1% of the corporation.The largest American landowner is Bill Gates, who also owns stock in the likes of the Canadian National Railway and AutoNation. In 2022, Bill held the position of fourth on the list of living billionaires.6. Warren BuffetAge: 92 yearsNet worth: US$117.4BSource: Berkshire HathawayResidence: Omaha, NebraskaCitizenship: United StatesOne of historys most successful investors is Warren Buffet, known as the “Oracle of Omaha” and regarded as one of the greatest. He is the CEO of the investing giant Berkshire Hathaway, which owns a variety of businesses, including the restaurant chain Dairy Queen, the battery company Duracell, and the insurance company Geico.7. Mark ZuckerbergAge: 39 yearsNet worth: US$115.2BSource: MetaResidence: Palo Alto, CaliforniaCitizenship: United StatesAmerican internet entrepreneur, computer programmer, and millionaire businessman Mark Zuckerberg is also a philanthropist. He is the executive chairman, CEO, and controlling shareholder of Meta Platforms, the parent company of the social networking website Facebook, which he co-founded.8. Larry PageAge: 50 yearsNet worth: US$111.9BSource: GoogleResidence: Palo Alto, CaliforniaCitizenship: United StatesA rich American businessman named Lawrence Edward Page. With Sergey Brin, he co-founded Google. He is the co-inventor and monicker of Googles PageRank search ranking algorithm. Together with his co-author Brin, he shared the 2004 Marconi Prize.9. Sergey BrinAge: 50 yearsNet worth: US$106.2BSource: GoogleResidence: Los Altos, CaliforniaCitizenship: United StatesTogether with Larry Page, Brin co-founded Google. Prior to stepping down from his position in December 2019, he served as the head of Alphabet Inc., the parent company of Google.10. Steve BallmerAge: 67 yearsNet worth: US$103.4BSource: Microsoft, investmentResidence: Hunts Point, WashingtonCitizenship: United StatesBallmer, an American investor and businessman, presided over Microsoft as its CEO from 2000 until 2014. He is the owner of the National Basketball Associations Los Angeles Clippers.
