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Discover the 10 Richest People in the World in 2023. From tech moguls to industry titans, explore the net worth and success stories...
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10RichestPersonInTheWorld2023 ElonMusk BorninSouthAfricaonJune28,1971,ElonMuskdisplayedearly computerskills,craftingavideogameat12.HemovedtoCanadaat 17,studyingphysicsandbusinessin theU.S.Muskco-founded PayPalandestablishedSpaceXandTesla,reflectingintelligenceand ambition.Heturnedahouseintoanightclub,showcasingcreativity shapingU.S.technologyandspaceexploration. In2002,MuskfoundedSpaceXtocutspacetravelcostswithFalcon rockets,creatingDragonforthespacestationandStarshipforother planets.AfterPayPal'schallenges,helaunchedSpaceXforMarsand Teslaforelectriccars.TheBoringCompanyandNeuralinkfollowed, embracingrisks.WithampleTeslaandSpaceXstock,he'snowthe world'srichest,unafraidof challenges. Tesla,formedin2004duetoMusk'selectriccarpassion,introduced hitmodelslikeRoadster,ModelS,X,andthesought-afterModel3.In2013,heproposedtheHyperloopfor fasttravel.ElonMusk amassedimmensewealth,primarilyfromTesla,becomingtheworld's richestinnineyears. JoiningTwitterin2009,ElonMuskacquiredthewidely-usedsocial platformin2022.In2023,herebrandeditas'X'. BernardArnault BernardArnault,CEOofLVMH,theworld'slargestluxurygoods company,nolongerholdsthetitleoftheworld'srichestperson.His networth,estimatedat$230billion,stillplaceshimamongthe wealthiest.Bornin1949,hedevelopedapassionforluxuryduetohis mother'sinterestinDior.Workinginhisfather'srealestatebusiness, hetransformedit intoFerinel. Inthe1980s,ArnaultacquiredFinanciereAgacheandBoussacSaint- Freres,includingChristianDior,implementingtoughmeasuresto
restoreprofitability.Co-foundingLVMHin1987,heacquiredshares andcontrol,expandingviaacquisitionslikeCeline,Guerlain,and Berluti. Arnault'sinfluenceextendstoartcollection,owningpiecesby renownedartists.HesupportsinitiativesliketheLVMHYoung FashionDesignercompetitionandtheLouisVuittonFoundation. As'thepopeoffashion'and'wolf-in-cashmere,'Arnaultshaped LVMHintoaluxurypowerhousewithover75brands.Startinginreal estate,revitalizingDior,andleadingLVMH'sexpansion,hisfamily's ChristianDiorstakealsoimpactsLVMH.Hisnetworthis$193 billion,rankinghimtheworld'ssecond-richestperson. JeffBezos JeffBezos,Amazon'sfounder,formerCEO,andcurrentexecutive chair,ranksthirdgloballywitharound$139billionasofMay2023. Amazoninitiallysoldbooksbutdiversifiedintovariedonlinesales, shapingU.S.shoppinghabitssignificantly. Bezos,knownforinvestmentslikethe165,000-acreCornRanchfor BlueOrigin,ownsmultimillion-dollarhomesinBeverlyHillsand Manhattan.HedonatestotheBezosFamilyFoundation,aSeattle museum,andPrincetonUniversity.Fundingtechfirms,media production,andtransportationprojects,BlueOrigin,foundedbyhim, accomplisheditsfirstcrewedflightin2021.Hiswealthresultsfrom adeptlyhandlingcomplextasks,emphasizingcustomerconvenience, andenhancingonlineshopping. Bezos'focusoncustomersimplicitydifferentiateshim,propelling Amazon'sgrowth.Headdressedchallengesforabroadconsumer base,amassingwealthbyenhancingconvenience.His triumph emergesfromresolvingcustomerissuesandstreamliningprocesses, offeringentrepreneurslessonsinprioritizingcustomersatisfaction. LarryEllison
LarryEllison,Oracle'sco-founder,waspivotalintransformingtech throughpioneeringdatabasesoftwareandbusinessapps.Whilehe steppeddown asCEO,hewasboardchairmanandCTO. HisjourneystartedwithaninvestmentinSoftwareDevelopment Laboratories,laterOracle.HeseizedopportunitieslikeaCIAcontract andOracle'sfirstcommercialrelationaldatabasein1979. Innovations,includingOracle7,navigatedchallenges. Visionextendedtointernetplatforms,boostingOracleinthedot-com boom. InvestmentsspanOracle,Tesla,realestate,andsports. ExtensiverealestatespansCaliforniatoJapan,withsportsventures likeOracleTeamUSA.Luxurieslikeyachts,planes,andcars highlightdiverseinterests. Ellison'sstoryunderscoresambition,hardwork,andastute investments.Frommodestbeginnings,he amassedwealth,inspiring aspiringentrepreneurspursuingdreams. BillGates BillGates,amongtheworld'srichestwithanetworthof about$122 billion,strategicallymanageshiswealth.HisCascadeInvestment LLCoverseesasignificantportion,investingindiverseventureslike BrandedEntertainmentNetworkandTerraPower,focusedon advancednuclearreactors. ThroughGatesVentures,heallocatesfundstovitalsectorslikeclean energy,education,healthcare,andpovertyalleviation.He retains substantialownershipofMicrosoft,thecompanyhefounded,valued ataround$20billion. RealestateinterestsincludeXanadu2.0,ahigh-techmansion, alongsideotherproperties;anislandinBelizeisalsopossible.Gates enjoysluxurycars,privatejets,andcollectingrareitemssuchas manuscriptsandart. However,hismostnotableendeavorisphilanthropy.Heestablished theBill&MelindaGatesFoundation,channelingbillionsworldwide
forsignificantcauses.Thiscommitmentstandsashisparamount legacy,strivingtoimprovetheworld. WarrenBuffet WarrenBuffett,knownasthe"OracleofOmaha,"isahighly influentialandwealthyfigureinAmericanbusiness.He'sthe chairmanofBerkshireHathaway,whichownsover60companies, includingGeico,Duracell,andDairyQueen. Buffett'sinvestmentstrategyfocusesonundervaluedcompanieswith strongfundamentals.Heconsidersperformance,debt,andprofit margins,holdinginvestmentsforyears.He'sfamedforsuccessful stockpicks,makingmuchofhiswealththisway. Fromayoungage,Buffettmadesmartinvestmentdecisions.He investedinGEICOandCoca-Cola,reapingsignificantreturns.He's navigatedchallengeslikethe1987stockmarketcrash. Buffettisknownforbothinvestingandphilanthropy.Hepledged 85%ofhisfortunetotheBill&MelindaGatesFoundation,co- foundingTheGivingPledgewithBillGates. HenamedGregAbelashispotentialsuccessoratBerkshire Hathawayin2021buthasnoimmediateretirementplans.Overall, Buffett'sjourney,fromearlyinvestmentstoavastconglomerateand philanthropicdedication,cementshislegendarystatusin business. MarkZuckerberg MarkZuckerberg,Facebook(Meta)CEO,ranksamongtheworld's wealthiest.Hisnetworth,onceover$100billion,hassignificantly decreased.Despiteriches,hefavorscasualattire,likepriceyjeansand t-shirts. Zuckerberg'swealthcomesfromhisMetastake,whichheco- founded.His$1salaryisfamous.WhilepracticalcarsliketheAcura TSXandHondaFitaretypical,heownsavaluablePaganiHuayra.
Realestateisamajorexpense.PropertiesspanPaloAlto,San Francisco,andHawaii.Theportfolioincludesa$7millionPaloAlto home,Hawaiipropertiesworth$100million,andLakeTahoe acquisitionsat$59million.Thecompanycoverstravelsecurity. Despitetheirwealth,Zuckerberg'sfocusisphilanthropy.Hesigned theGivingPledge,showingcommitmenttodonatemost.Withhis wife,PriscillaChan,helaunchedtheChanZuckerbergInitiative (CZI)foreducation,diseaseresearch,andcommunityadvancement. CZIgivesbillionsingrants,fundsresearch,andaddressesglobal challenges.Amidnetworthfluctuations,hisdedicationtocharity remainsstrong. LarryPage LarryPageistheco-founderofAlphabet,theparentcompanyof Google,headquarteredinMountainView,California.Alphabet reportedsubstantialrevenuein2022andoffersvariousservices. Page'sprimarywealthsourceishisownershipstakeinAlphabet, includingClassBandCshares.HisClassBsharescanconvertto publiclytradedsharesataone-to-oneratio.Healsoholdsa significantnumberofpubliclytradedAlphabetClassCshares. Overtime,PagehassoldAlphabetandGoogleshares,contributingto hisnetworth.Hefocusesoninvestinginventurefundsandclean technology,aligningwithco-founderSergeyBrin'sinvestment approach. PagestudiedcomputerscienceattheUniversityofMichiganand StanfordUniversity.HiscollaborationwithBrinatStanfordledtothe creationofGoogle,initiallyfundedbyinvestorAndyBechtolsheim. Initially,co-presidentsPageandBrinhiredCEOEricSchmidt. Google'sgrowthledtoexpansionintodomainsliketheAndroidO.S. In2011,PagebecameGoogle'sCEOtoenhanceagility,latertakingonAlphabet'sCEOrole,overseeingGoogleanditssubsidiaries.Heis alsoknownforhisearlyinvestmentinTeslaandadvocacyforclean technology.
SergeyBrin Brinco-foundedAlphabet,Google'sparentcompany,andgenerated $283billioninrevenuein2022.Hiswealthcomesmostlyfromhis stakeinAlphabet,amountingtoaround6%ofthecompany.His ownershipincludesClassBandClassCshares.Healsoholds approximately367millionpubliclytradedClassCshares. SinceGoogle's2004IPO,Brinhassoldover$10billionworthof shares.Hisnetworthconsiderssharesales,marketperformance, donations,taxes,venturefunds,andcleantechnologyinvestments. BrinescapedtheSovietUnion,studiedmathematicsandcomputer scienceattheUniversityofMaryland,andfurtheredhiseducationat Stanford,wherehemetLarryPage.TheylaunchedGooglein 1998. In2011,BrintransitionedtodirectorofspecialprojectsatAlphabet, includingaroboticslab.HeoverseesGoogleandotherventures.Brin alsoholdsownershipstakesinTeslaand23andMe,agenome- mappingcompany. SteveBallmer SteveBallmer,bornonMarch24,1956,inDetroit,Michigan,isa prominentfigureknownfor hisassociationwithMicrosoftandhis significantnetworth.HepursuedhighereducationatLawrence TechnologicalUniversityandHarvardUniversity,earningaBachelor ofArtsinappliedmathematicsandeconomics. HisprofessionaljourneybeganatProcter&Gamble,followedby pursuinganMBAatStanfordGraduateSchoolofBusiness.However, hedecidedtojoinMicrosoft,whereheplayedvariousrolesand eventuallybecametheCEO.DuringhistimeasCEO,Ballmeroversawthecompany'sfinancesandoperations,leadingtosubstantial acquisitionsandincreasedrevenue. WhileatMicrosoft,Ballmerwasinvolvedindiverseventuresand madenotableinvestments.HealsoacquiredtheLosAngelesClippers
basketballteam,includingTheForumarena,andshowedinterestin companieslikeTwitter. Ballmer'spathtowealthhighlightshiscontinuouspursuitof business opportunitiesandstrategicinvestments.