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December 27, 2024 | 06:36 pm
TEMPO.CO, Jakarta - As 2024 draws to a close, Forbes Real-Time Billionaires, the renowned wealth tracking platform of the American business magazine, has updated its list of the world's richest people.
Amazon founder Jeff Bezos has risen to the second position, while Jensen Huang, CEO of NVIDIA, a leading graphics chip manufacturer, has made an entry into the top 10.
Here is a look at the 10 richest people in the world at the end of 2024, as of December 26, according to Forbes Real-Time Billionaires:
1. Elon Musk
Elon Musk maintains his position as the world's richest person with a staggering fortune of US$454.1 billion. As CEO of Tesla, a pioneer in electric vehicles, and SpaceX, a leading private space exploration company, Musk also runs X (formerly Twitter), a prominent social media platform. His innovative ventures in fields ranging from transportation and technology to space exploration, continue to fuel his meteoric rise.
2. Jeff Bezos
Amazon founder Jeff Bezos secures the second spot with a net worth of US$242.3 billion. Since stepping down as CEO in 2021, he remains Chairperson of Amazon and actively pursues other ventures, including ownership of The Washington Post and the space exploration company Blue Origin. Bezos' successful July 2021 spaceflight with Blue Origin symbolizes his dedication to technological exploration. Bezos' wealth reflects Amazon's success as the world's largest e-commerce platform and diversified investments across sectors.
3. Larry Ellison
The founder of Oracle Corporation, Larry Ellison, holds the third position with a net worth of US$217.2 billion. After serving as CEO for 37 years, he currently serves as Chairperson and Chief Technology Officer (CTO) of the software giant. His significant investment in Tesla, where he served as a board member from 2018 to 2020, further contributes to his wealth. Ellison is recognized as a technology visionary, known for his pioneering work in software development and data management systems.
4. Mark Zuckerberg
The founder of Facebook, now Meta, Mark Zuckerberg, retains fourth place with a net worth of US$210.1 billion. Meta's portfolio includes Instagram, WhatsApp, and Threads, showcasing Zuckerberg's dedication to innovation in the realm of social media. His relentless pursuit of interactive platforms has propelled Meta to new levels of success.
5. Bernard Arnault and Family
Bernard Arnault and his family at the helm of LVMH (Moet Hennessy Louis Vuitton), a conglomerate company that houses more than 70 prestigious brands such as Louis Vuitton, Christian Dior, and Tiffany & Co, occupy the fifth spot with a combined net worth of US$167.8 billion. Arnault's exceptional ability to combine tradition and innovation in the world of fashion and luxury goods strengthens LVMH's position as a global leader in these sectors.
6. Larry Page
Co-founder of Google, Larry Page, holds the sixth position with a net worth of US$161.4 billion. Alongside Sergey Brin, he developed the PageRank algorithm, the cornerstone of Google's search engine. After serving as Google's CEO until 2011, he led Alphabet, Google's parent company, until 2019. As Alphabet's controlling shareholder and board member, Page continues to play a pivotal role in the development of cutting-edge technologies that shape people's daily lives.
7. Sergey Brin
Google co-founder and former president of Alphabet, Sergey Brin, occupies the seventh position with a net worth of US$154 billion. His stake in Alphabet remains a major source of his wealth. Although no longer in an executive role, Brin continues to be a driving force behind Google's success and remains a key figure in the technology landscape.
8. Warren Buffett
Warren Buffett, known as the 'Oracle of Omaha', is a successful investor who heads Berkshire Hathaway with a net worth of US$ 143 billion. The conglomerate has diverse holdings ranging from Geico insurance to Duracell batteries, reflecting Buffett's astute investment strategies. His long-term approach and diversified portfolio have earned him global recognition as one of the most influential investors of all time.
9. Steve Ballmer
Former CEO of Microsoft, Steve Ballmer, secures the ninth position with a net worth of US$128.3 billion. He led Microsoft from 2000 to 2014, navigating the company through challenging times, including the dot-com bubble and intense competition in the search and mobile phone markets. As the 30th employee of Microsoft, Ballmer played a crucial role in its transformation into a global technology giant.
10. Jensen Huang
A newcomer to the top 10, Jensen Huang, founder and CEO of NVIDIA, has a net worth of US$122.4 billion. Founded in 1993, NVIDIA, under Huang's leadership, has become a dominant force in the graphics processing unit (GPU) market. NVIDIA's GPUs have become indispensable to computer gaming and artificial intelligence technologies, and the company's market capitalization exceeded US$3 trillion in 2024.
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