return to news
  1. Jeff Bezos is world's richest person, followed by Elon Musk; check top 10 list

Jeff Bezos is world's richest person, followed by Elon Musk; check top 10 list

blog author image

Upstox

blog verification badge

2 min read • Updated: March 5, 2024, 4:15 PM

Facebook PageTwitter PageLinkedin Page

Summary

Jeff Bezos, the world's richest person, founded the e-commerce platform Amazon in 1994. He also owns Blue Origin, an aerospace company and The Washington Post.

DYrm4spVQAAINut.webp
Jeff Bezos started Amazon in his garage

Jeff Bezos, Founder of Amazon and Blue Origin, has surpassed Elon Musk to become the world's richest person, according to the Bloomberg Billionaires Index. Jeff Bezos' wealth jumped to ₹200 billion compared to Tesla and SpaceX Founder Elon Musk's $198 billion. Bernard Arnault, the Chairman and CEO of LVMH, the world's largest luxury goods company, held the third position.

Jeff Bezos founded the e-commerce platform Amazon in 1994. He also owns Blue Origin and The Washington Post. The Seattle-based company operates the Whole Foods grocery chain and provides streaming as well as cloud computing services. Amazon had reported a revenue of $574.8 billion in 2023, compared with $514 billion in 2022.

Top 10 richest people in the world

According to Bloomberg Billionaires Index, the richest people in the world are as follows:

  1. Jeff Bezos with a net worth of $200 billion
  2. Elon Musk with a net worth of $198 billion
  3. Bernard Arnault with a net worth of $197 billion
  4. Mark Zuckerberg, CEO of Meta, with a net worth of $179 billion
  5. Bill Gates, Co-founder of Microsoft, with a net worth of $150 billion
  6. Steve Ballmer, former CEO of Microsoft, with a net worth of $143 billion
  7. Warren Buffett, Chairman of Berkshire Hathaway, with a net worth of $133 billion
  8. Larry Ellison, Chief Technology Officer (CTO) and executive chairman of Oracle, with a net worth of $129 billion
  9. Larry Page, Co-founder of Google, with a net worth of $122 billion
  10. Sergey Brin, Co-founder of Google, with a net worth of $116 billion

Mukesh Ambani, chairman and managing director of Reliance Industries, holds the 11th position on the list with a net worth of $115 billion. Meanwhile, Gautam Adani, chairman of Adani Group, is 12th on the list with a net worth of $104 billion.