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The elite group with a fortune of more than $100 billion includes Elon Musk, Jeff Bezos and Bill Gates.
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The 15 members have become about $370 billion richer this year and are collectively worth $2.2 trillion.
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Three members of the Walton family could soon join the club, as they are each worth more than $93 billion.
Elon Musk, Jeff Bezos and Mark Zuckerberg are among the handful of people on the planet with a net worth of more than $100 billion.
Members of this elite group have amassed 12-figure fortunes by owning huge amounts of stock in some of the world’s most valuable companies. Most are founders and current or former CEOs, and some, like Warren Buffett, would be far richer if they didn’t give billions to charity.
There may be only 15 centibillionaires, but their combined wealth is more than $2.2 trillion, according to the Bloomberg Billionaires Index. That’s more than the $2 trillion market cap of Google parent company Alphabet.
All but one of them got richer this year, adding a combined $370 billion to their personal fortunes. Bank of America ($308 billion), Coca-Cola ($297 billion) and Netflix ($295 billion) are all worth less than that.
The exclusive group is set to expand soon. Three members of the Walton family are sitting on a fortune of more than $93 billion after each becoming at least $22 billion richer this year.
Below is the list of individuals with a net worth of at least $100 billion. The list shows Bloomberg’s estimate of their net worth at the time of publication, how much that net worth has changed this calendar year, and the source of their wealth.
1. Elon Musk
Net worth: 245 billion dollars
YTD change in assets: +$16.4 billion
Source of wealth: Tesla and SpaceX stocks
Musk is the CEO of electric vehicle maker Tesla and aerospace manufacturer SpaceX. He is also the owner of X, the social network formerly known as Twitter.
Other companies he works with include The Boring Company, Neuralink and xAI.
2. Jeff Bezos
Net worth: $201 billion
YTD change in assets: +$24.4 billion
Source of wealth: Amazon Stock
Bezos is the founder, executive chairman and former CEO of Amazon, the e-commerce and cloud computing giant.
He also founded the space company Blue Origin and owns The Washington Post newspaper.
3. Bernard Arnault
Net worth: $197 billion
YTD change in assets: -$10.1 billion
Source of wealth: LVMH shares
Arnault is the founder, chairman and CEO of LVMH Moët Hennessy Louis Vuitton. His conglomerate owns a host of luxury brands, including Dior, Fendi, Dom Pérignon, Sephora and Tiffany & Co.
4. Mark Zuckerberg
Net worth: $188 billion
YTD change in assets: +$59.9 billion
Source of wealth: Meta Shares
Zuckerberg is co-founder, chairman and CEO of Meta Platforms, the social media giant behind Facebook, Instagram, WhatsApp and Threads.
Meta’s Reality Labs division makes headsets and experiences for virtual reality and augmented reality.
5. Bill Gates
Net worth: $158 billion
YTD change in assets: +$17.8 billion
Source of wealth: Microsoft stocks
Gates is the co-founder and former CEO of Microsoft, which makes the Office application suite, the Microsoft Azure cloud computing platform, and Xbox consoles.
He is known for his philanthropic work as the head of the Bill & Melinda Gates Foundation, one of the largest charities in the world.
6. Larry Ellison
Net worth: $153 billion
YTD change in assets: +$30.0 billion
Source of wealth: Oracle and Tesla Stocks
Ellison is co-founder, Chief Technology Officer and former CEO of Oracle, a software company specializing in cloud computing and database platforms.
He invested in Tesla before joining the automaker’s board in 2018. By the time his term as director expired in August 2022, he had earned more than 10 times that amount on paper.
7. Larry Page
Net worth: 150 billion dollars
YTD change in power: +$23.5 billion
Source of wealth: Alphabet stock
Page co-founded Google with Stanford University classmate Sergey Brin in a friend’s garage in 1998 and served as CEO until 2001.
Between 2011 and 2015, he took over again after Google was restructured as a subsidiary of Alphabet, along with other companies such as YouTube and Waymo.
8.Steve Ballmer
Net worth: $146 billion
YTD change in power: +$15.3 billion
Source of wealth: Microsoft stocks
Ballmer was CEO of Microsoft from 2000 to 2014. He joined the company in 1980 as an assistant to Bill Gates. He initially negotiated a profit share, which he later exchanged for an equity stake as the company grew beyond its capacity.
Ballmer retired as CEO in 2014 with a 4% stake — a position worth $140 billion. He promptly bought the Los Angeles Clippers for $2 billion and still owns the basketball team.
9. Warren Buffet
Net worth: $141 billion
YTD change in assets: +$21.7 billion
Source of wealth: Berkshire Hathaway Stock
Buffett took over Berkshire Hathaway when it was a failed textile company in 1965, and has since grown it into one of the largest companies in the world. His nearly 15% stake is worth about $140 billion.
The famed investor’s conglomerate owns dozens of companies, including Geico, See’s Candies and the BNSF Railway, and has billions of dollars in publicly traded companies like Apple and Coca-Cola.
10. Sergei Brin
Net worth: $141 billion
YTD change in power: +$21.2 billion
Source of wealth: Alphabet stock
Brin co-founded Google with Page in 1998 and served as the search engine and advertising giant’s first president.
He and Page stepped down as president and CEO of Alphabet in 2019.
11. Jensen Huang
Net worth: $114 billion
YTD change in assets: +$69.9 billion
Source of wealth: Nvidia stock
Huang co-founded Nvidia in 1993, but the microchip maker has emerged as a market darling over the past 20 months as its semiconductors have played a vital role in the development of artificial intelligence.
Nvidia’s stock price has risen from less than $15 at the end of 2022 to $130, making the company worth about $3.1 trillion, making Huang one of the richest people in the world.
12. Mukesh Ambani
Net worth: 112 billion dollars
YTD change in assets: +$15.7 billion
Source of wealth: Reliance Industries Stocks
Ambani is the chairman and chief executive of Reliance Industries and Asia’s richest man.
His father, Dhirubhai, founded Reliance and trusted Mukesh to expand the conglomerate’s petrochemicals business and expand into new areas, such as telecommunications.
Mukesh hosted a grand multi-event wedding ceremony for his son Anant this summer.
13.Michael Dell
Net worth: $107 billion
YTD change in assets: +$28.4 billion
Source of wealth: Dell Stock
Dell is the founder, chairman and CEO of the eponymous computer maker. Dell shares have soared from less than $40 in March of last year to more than $110, valuing the company at nearly $80 billion, as investors bet it will be a major beneficiary of the AI boom.
Dell owns about 46% of the company and made more than $10 billion last year from the sale of Dell-backed VMware to Broadcom.
14. Gautam Adani
Net worth: $105 billion
YTD change in power: +$20.8 billion
Source of wealth: Adani Group Shares
Adani is the founder and chairman of the Adani Group, a conglomerate that is a leading developer of infrastructure such as ports and power plants in India.
15. Amancio Ortega
Net worth: $105 billion
YTD change in assets: +$17.2 billion
Source of wealth: Inditex stock
Ortega is the founder and former chairman of Inditex, a fashion chain that owns brands such as Zara, Bershka and Massimo Dutti.
The billionaire philanthropist and real estate investor stepped down from the leadership of Inditex in 2011. His daughter, Marta Ortega Pérez, was appointed chairman at the end of 2021.
Second place: The Waltons
The heirs to the Walmart fortune are on the verge of surpassing the $100 billion mark, as the retailer’s shares have surged 42% this year.
Founder Sam Walton’s three surviving children — Jim, Rob and Alice — were worth $95.9 billion, $93.7 billion and $93.1 billion respectively at the time of writing. They’ve each amassed more than $22 billion in net worth this year.
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