The world’s richest 20 people gained $620 billion in 2023

According to CEOWORLD magazine, the year 2023 was a prosperous year for the world’s wealthiest individuals. The combined net worth of the top 20 wealthiest people increased by $620 billion. Out of these 20 individuals, 9 billionaires from the tech industry saw their fortunes grow by $466 billion. This growth was fueled by the intense hype surrounding artificial intelligence.

No one made more money than Elon Musk this year, as he regained his title as the world’s richest person from Bernard Arnault, a French luxury tycoon. Musk added an incredible $92 billion to his net worth.

Amazon’s Jeff Bezos also saw a significant increase in his wealth this year, with his fortune growing by over $69.9 billion. As a result, he is now tied for second place with Bernard Arnault. Additionally, the CEO of Meta Platforms Inc., Mark Zuckerberg, saw his net worth rise by more than $82.5 billion.

Unfortunately, not all billionaires had a successful year. Gautam Adani, an Indian billionaire, lost a staggering $36.2 billion in 2023 due to the Adani Group’s declining value, which was brought on by short-seller Hindenburg Research. Despite this setback, Adani still has a fortune in the 11-figure range.

Top 20 richest people in the world

1. Elon Musk
   Net worth: $229 billion
   Wealth surged by: $92 billion
2. Bernard Arnault
   Net worth: $179 billion
   Wealth surged by: $17 billion
3. Jeff Bezos
   Net worth: $177 billion
   Wealth surged by: $69.9 billion
4. Bill Gates
   Net worth: $141 billion
   Wealth surged by: $31.5 billion
5. Steve Ballmer
   Net worth: $131 billion
   Wealth surged by: $45 billion
6. Mark Zuckerberg
   Net worth: $128 billion
   Wealth surged by: $82.5 billion
7. Larry Page
   Net worth: $126 billion
   Wealth surged by: $43.5 billion
8. Larry Ellison
   Net worth: $123 billion
   Wealth surged by: $31.1 billion
9. Sergey Brin
   Net worth: $120 billion
   Wealth surged by: $40.6 billion
10. Warren Buffett
    Net worth: $120 billion
    Wealth surged by: $12.3 billion
11. Carlos Slim
    Net worth: $105 billion
    Wealth surged by: $31 billion
12. Francoise Bettencourt Meyers
    Net worth: $99.7 billion
    Wealth surged by: $28.2 billion
13. Mukesh Ambani
    Net worth: $96.3 billion
    Wealth surged by: $9.23 billion
14. Amancio Ortega
    Net worth: $87.5 billion
    Wealth surged by: $32.9 billion
15. Gautam Adani
    Net worth: $84.3 billion
    Wealth lost by: $36.2 billion
16. Michael Dell
    Net worth: $78.4 billion
    Wealth surged by: $30.0 billion
17. Jim Walton
    Net worth: $72.6 billion
    Wealth surged by: $8.72 billion
18. Rob Walton
    Net worth: $71.2 billion
    Wealth surged by: $8.02 billion
19. Alice Walton
    Net worth: $70.1 billion
    Wealth surged by: $8.43 billion
20. Zhong Shanshan
    Net worth: $67.7B
    Wealth surged by: $155 million

What does the world hold in store for the richest people in 2024?

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