info@ceoworld.biz
Sunday, June 16, 2024
CEOWORLD magazine - Latest - Special Reports - The $100 Billion Club: Richest People With The 12-Figure Fortunes, 2024

Special Reports

The $100 Billion Club: Richest People With The 12-Figure Fortunes, 2024

Bernard Arnault

The Centillionaires Club includes ultra-wealthy individuals like Bernard Arnault and Warren Buffett, who have fortunes exceeding $100 billion. This group holds almost a quarter of the world’s 500 wealthiest individuals. The first centibillionaire, Bill Gates, emerged during the dot-com bubble when his Microsoft shares briefly pushed his net worth beyond 11 figures in 1999. However, the crash caused his net worth to almost halve.

For almost two decades, no one else came close to reaching this milestone, even as markets soared before and after the Great Recession. It wasn’t until late 2017 that Jeff Bezos became the second $100 billionaire when Amazon’s market capitalization neared $1 trillion. It took until 2021 for the $100 Billion Club to expand beyond Bezos when Elon Musk, Bernard Arnault, and Bill Gates achieved this feat.

When comparing them, the global 1 percent consists of approximately 80 million people, while the global 0.1 percent still includes 8 million individuals. This makes the $100 billion club equivalent to the global 0.000001 percent. The index is mainly influenced by the stock market valuations of the billionaires’ companies, where the large majority of their wealth is tied up.

The $100 Billion Club

RankNameNet Worth (USD billions)
1Elon Musk$212.8
2Jeff Bezos$201.4
3Bernard Arnault & family$200.8
4Mark Zuckererg$176.7
5Larry Ellison$170.8
6Larry Page$145.0
7Sergey Brin$138.9
8Warren Buffett$133.6
9Bill Gates$132.6
10Steve Ballmer$129.5
11Mukesh Ambani$115.3
12Jensen Huang$113.4
13Amancio Ortega$113.4
14Michael Bloomberg$106.2
15Michael Dell$105.7

Have you read it?
The Top 100 Highest-paid CEOs in America.
Countries With Lowest Rate of Economic Growth in 5 Years.
Countries Most in Debt to China.
Most Attractive Cities for Global Talent.
Largest economies in the world by Share of Global GDP.


Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.
Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine' prior written consent. For media queries, please contact: info@ceoworld.biz
CEOWORLD magazine - Latest - Special Reports - The $100 Billion Club: Richest People With The 12-Figure Fortunes, 2024

CEOWORLD magazine Print and Digital Edition

Despina Wilson
I am a senior editor and data journalist at CEOWORLD magazine. My job involves using infographics to report on news topics related to business and policy, with a global perspective. I hold a master's degree in journalism and have worked for newspapers and reporting projects in both the US and the UK, giving me a unique transatlantic perspective. I believe that data can enhance coverage of all news topics. As a contributor, I plan cover a wide range of issues, such as gender equality, climate change, labor, and immigration, using relevant statistics and insightful visualizations.

Email: despina@ceoworld.biz