According to the American business magazine Forbes' real-time billionaires list, Arnault, the head of the luxury empire remains the world's richest person with a $209.4 billion net worth, despite a recent $17 billion dip in LVMH's stock value.
Hot on the Frenchman's heels is Tesla's Elon Musk, with a net worth of $199.6 billion. Musk briefly fell to third place in April 2024 when Amazon founder Jeff Bezos overtook him. However, according to Forbes, a 15% surge in Tesla's stock on April 29, 2024, boosted Musk's wealth by $14.5 billion, securing his second-place position.
Bezos now sits in third place with a net worth of $193.3 billion while Mark Zuckerberg of Meta holds fourth place with a net worth of $151.2 billion.
Among the top 10 wealthiest individuals, Microsoft founder Bill Gates, once the world's richest person for nearly three decades, now ranks ninth with a net worth of $128 billion. Steve Ballmer, another Microsoft veteran, rounds out the list with a net worth of $117.1 billion.
The wealthiest woman on the list is Francoise Bettencourt Meyers of France, ranked 15th globally with a net worth of $95.4 billion. Meyers’ wealth stems from her ownership stake in cosmetics giant L'Oréal, a family inheritance.
Here are the top ten richest people in the world as of May 1, 2024:
1. Bernard Arnault
Net worth: $209.4 billion
Source: LVMH/ luxury goods
Age: 75
Nationality: French
2. Elon Musk
Net worth: $199.6 billion
Source: Tesla, SpaceX, X (formerly Twitter)
Age: 52
Nationality: American
3. Jeff Bezos
Net worth: $193.3 billion
Source: Amazon
Age: 60
Nationality: American
4. Mark Zuckerberg
Net worth: $151.2 billion
Source: Meta (Facebook)
Age: 39
Nationality: American
5. Larry Ellison
Net worth: $142.8 billion
Source: Oracle
Age: 79
Nationality: American
6. Larry Page
Net worth: $135.4 billion
Source: Google
Age: 51
Nationality: American
7. Warren Buffett
Net worth: $131 billion
Source: Berkshire Hathaway
Age: 93
Nationality: American
8. Sergey Brin
Net worth: $129.9 billion
Source: Google
Age: 50
Nationality: American
9. Bill Gates
Net worth: $127 billion
Source: Microsoft
Age: 68
Nationality: American
10. Steve Ballmer
Net worth: $117.1 billion
Source: Microsoft, Clippers (NBA)
Age: 68
Nationality: American