Musk’s net worth is estimated at US$342 billion. He became the richest person in the world for the first time in 2022, but lost the position in 2023. In 2024 Musk increased his net worth by US$147 billion, which means an 1.75-fold increase over a year, according to Forbes estimates.
Online retailer Amazon founder Jeff Bezos keeps the third position on the list, having earned US$21 billion in 2024. His estimated fortune is US$215 billion, according to Forbes’ data.
Arnault, who heads the Moet Hennessy Louis Vuitton (LVMH) mega-conglomerate, and his family took the fifth position. Forbes estimated their net worth at US$178 billion.
The average fortune of billionaires on the list has also increased by US$200 million and has reached $5.3 billion. There are 902 billionaires in the United States, 516 in China, including Hong Kong, and 205 in India, which means that over half of the people on the list are citizens of those countries.
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