Zara Boss Among Top 10 Richest People in the World in August 2024

TEMPO.CO, Jakarta - Forbes Real Time Billionaires has released its latest ranking of the world's richest people for August 2024. While there have been minimal changes in the top rankings, Amancio Ortega, the founder of Zara, has entered the top 10 for the first time, surpassing former Microsoft CEO Steve Ballmer.

Here's a breakdown of the top 10 richest people in the world as of August 27, 2024:

1. Elon Musk

Elon Musk maintains his position as the world's wealthiest individual with a net worth of US$243.2 billion. As the CEO of Tesla, SpaceX, and X (formerly Twitter), Musk's wealth is driven by his investments in these companies.

2. Jeff Bezos

Jeff Bezos, the founder of Amazon, holds the second position with a net worth of US$194.2 billion. While he stepped down as CEO of Amazon in 2021, he remains the company's chairman and has significant investments in other ventures such as The Washington Post and Blue Origin.

3. Bernard Arnault & Family

The Arnault family, owners of the LVMH conglomerate, occupy the third spot with a net worth of US$193.8 billion. LVMH manages a portfolio of renowned fashion and cosmetic brands including Louis Vuitton, Christian Dior, Moet & Chandon, and Sephora.

4. Mark Zuckerberg

Mark Zuckerberg, the founder of Meta, holds the fourth position with a net worth of US$180.5 billion. His wealth is derived from his ownership of Meta and its subsidiaries, including Facebook, Instagram, WhatsApp, and Threads.

5. Larry Ellison

Larry Ellison, the founder and former CEO of Oracle, is ranked fifth with a net worth of US$172.1 billion. He continues to serve as the company's Chairman and Chief Technology Officer. Ellison also holds significant investments in Tesla.

6. Warren Buffett

Warren Buffett, known as the "Oracle of Omaha," maintains his position as one of the world's most successful investors. His net worth is US$143 billion, primarily derived from his investment conglomerate Berkshire Hathaway.

7. Larry Page

Larry Page, co-founder of Google, holds the seventh position with a net worth of US$138.3 billion. He stepped down as CEO of Alphabet (Google's parent company) in 2019 but remains a board member and controlling shareholder.

8. Bill Gates

Bill Gates, the co-founder and former CEO of Microsoft, is ranked eighth with a net worth of US$122 billion. His wealth is derived from his investments in Microsoft and other ventures.

9. Sergey Brin

Sergey Brin, co-founder of Google and a friend of Larry Page, holds the ninth position with a net worth of US$132.4 billion. He stepped down as President of Alphabet in 2019 but remains a controlling shareholder and board member.

10. Amancio Ortega

Amancio Ortega, the founder of Zara and Inditex, has entered the top 10 richest people in the world for the first time. His net worth is US$123.1 billion, reflecting the success of his fashion empire and real estate investments.

FORBES | TEMPO.CO | ANDIKA DWI | RADEN PUTRI ALPADILLAH GINANJAR

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