Who owns the most money in the world?
As of February 1, 2024, the richest person in the world is Bernard Arnault, the CEO of French luxury goods group LVMH; he's worth $210.8 billion. He moved into the number one spot in late January, overtaking Elon Musk.
As of February 1, 2024, the richest person in the world is Bernard Arnault, the CEO of French luxury goods group LVMH; he's worth $210.8 billion. He moved into the number one spot in late January, overtaking Elon Musk.
| Name & Rank | Net Worth (in $ Billions) | Source of Wealth |
|---|---|---|
| #1 Elon Musk | $210.2 | Tesla, SpaceX |
| #2 Bernard Arnault & family | $208.5 | LVMH |
| #3 Jeff Bezos | $183.4 | Amazon |
| #4 Larry Ellison | $141.6 | Oracle |
However, many believe Mansa Musa's wealth outdoes that of all modern billionaires. Mansa Musa ruled over the Mali empire in the 14th Century, and his incredible access to gold made him arguably the richest human to have ever lived. So, why is it that he has largely disappeared from the western historical imagination?
Among the findings, Oxfam highlighted how the personal fortunes of the world's five richest people — Tesla CEO Elon Musk, Bernard Arnault and his family of luxury company LVMH, Amazon founder Jeff Bezos, Oracle founder Larry Ellison and investment guru Warren Buffett — have more than doubled since 2020.
Is there a trillionaire in the world? No, there is currently no individual with a net worth that reaches $1 trillion.
Key Takeaways. In the United States, the title “trillionaire” refers to someone with a net worth of at least $1 trillion.
half of the world's net wealth belongs to the top 1%, top 10% of adults hold 85%, while the bottom 90% hold the remaining 15% of the world's total wealth, top 30% of adults hold 97% of the total wealth.
The top 20% of Americans owned 86% of the country's wealth and the bottom 80% of the population owned 14%.
1.)
Topping the list of Forbes's top ten youngest billionaires in the world is Clemente Del Vecchio -- son of late Italian billionaire Leonardo Del Vecchio who owned Ray-Ban. After his death in 2022, Clemente Del Vecchio inherited the wealth and became the world's youngest billionaire at 18.
Who were the 6 trillionaires?
- Genghis Khan. 1206–1227. King of Mongol Empire. ...
- Zhao Xu. 1048–1085. Emperor Shenzong of Song in China) ...
- Akbar, The Great. 1542–1605. ...
- Amenhotep III. 1388–1351 BC. ...
- Augustus Caesar. 63 BC-14 AD. ...
- King Solomon. 970–931 BCE. ...
- Mansa Mousa.
Key Takeaways. The world today has a large supply of millionaires and more than 1,000 billionaires, but the first trillionaire remains to emerge. The first trillionaire may be among today's wealthiest men or women or could come out of nowhere based on a new, trillion-dollar idea.
The richest family in the U.S. is the Waltons, founders of Walmart. Their net worth adds to an approximate $247 billion, making them also the richest family in the world. Over the last year, they've grown their family fortune by $25 billion, equal to nearly $3 million per hour.
"I grew up in a lower, transitioning to an upper, middle-income situation, but did not have a happy childhood. Haven't inherited anything ever from anyone, nor has anyone given me a large financial gift". Musk said his father, Errol Musk, never supported him financially after high school in "any meaningful way".
Who was Mansa Musa, the 'richest man in history' – and what would his net worth be now? Today's billionaires don't come close to the Mali Empire's late ruler, who had 'incomprehensible' wealth.
She also owns numerous pricey properties across the U.S. Both Bloomberg and Forbes pin her net worth at an estimated $1.1 billion on the low end, based on analyses of her fortune. Swift first achieved billionaire status in October when she released a re-recording of her nine-year-old album "1989," Bloomberg reported.
Noun. Somebody whose wealth is greater than one decillion units of the local currency.
In 2017, e-commerce and global procurement giant Jeff Bezos was the first to reach $100 billion since Bill Gates back in 1999. It was Bezos, not Musk, who a few years ago was expected to become the world's first trillionaire, and who now isn't expected to join the club until 2030, some six years after Musk.
quadrillionaire (plural quadrillionaires) Somebody whose wealth is greater than one quadrillion units of the local currency. quotations ▼ (by extension) An extremely wealthy person. quotations ▼
The short answer is “Nope”; the earth doesn't even have a single trillionaire, (world's richest: Elon Musk- $222 billion December, 2023) so there's no reasonable way to have quadrillionaires, secret or not.
What's higher than a trillionaire?
A quadrillionaire. That's a thousand trillions. Thing is, that's really only possible in countries with the most severe levels of hyperinflation (like Zimbabwe before 2009). In terms of US dollars, there can't be a quadrillionaire, currently, because there just isn't that much money in the world.
One study predicts the world will have its first trillionaire within a decade. Bloomberg may have to rename its Billionaire Index in coming years, as the world could have its first trillionaire within the next decade, according to a new report from anti-poverty organization Oxfam International.
Key Takeaways. In 2023, the top 1% of household net worth in the U.S. started at $13.7 billion. An individual would need to earn an average of $407,500 per year in order to join the top 1%, and a household would need an income of $591,550. The median household income was $74,580 in 2023 and $45,440 for individuals.
If you earn $60,000 a year after tax and you don't have kids, you're in the richest 1 percent of the world's population. If you have a household income of $130,000 after tax and you've got a partner and one kid, you're also in the richest 1 percent.
How much do you need to earn to be in the top 1% income bracket? To be in the top 1% of earners, you're looking at an average annual income of $819,324. The top 0.1% of Americans earn an average of $3,312,693.
