The Top 10 Richest People In The World (September 2024)
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LifestyleTranscript
00:00Today on Forbes, the top 10 richest people in the world, September 2024.
00:08For the second month in a row, gyrating tech stocks rearranged the ranking of more than
00:12half of the world's 10 richest people.
00:15As a result, Meta CEO Mark Zuckerberg swapped places with Larry Ellison to become the world's
00:21fourth richest person again, Warren Buffett moved ahead of Google co-founder Larry Page,
00:27and Bill Gates overtook both of the Google co-founders to become the world's seventh
00:31richest person, up two spots in a month.
00:34Elon Musk maintained his spot as the world's richest person, worth an estimated $243.7
00:41billion, $3 billion more than a month ago, following an increase in the value of rocket
00:46firm SpaceX.
00:48Lately, Musk has been a vocal critic of a Brazilian Supreme Court judge over a ruling
00:53that froze bank accounts for his Starlink satellite internet business.
00:57Regulators in Brazil moved to shut down X, formerly known as Twitter, on August 30th
01:03to comply with the Brazilian judge's order.
01:07The biggest gainer in the past month was Mark Zuckerberg.
01:10His fortune rose by nearly $14 billion to an estimated $180.5 billion as Meta platform
01:17shares climbed 9% during August.
01:21That gain moved him ahead of Oracle chairman Larry Ellison to rank the Meta CEO as number
01:25four richest in the world.
01:28He's traded places with Ellison several times throughout the year so far.
01:32The biggest loser of this elite cohort in the past month was Amazon chairman Jeff Bezos.
01:38His fortune fell by $7.8 billion to $197 billion due to a drop in Amazon shares.
01:46Despite the decline, Bezos held onto his rank as number two richest.
01:51But the gap between Musk and Bezos widened to nearly $47 billion on September 1st, from
01:57just under $36 billion at the start of August.
02:01Gates' move to number seven richest, up from number nine a month ago, was partly due
02:05to a drop in the price of Google parent Alphabet shares, which shaved a bit more than $6 billion
02:11off the fortunes of Google co-founders Larry Page and Sergey Brin, now ranked number eight
02:16and nine respectively.
02:19Forbes has been keeping track of the world's billionaires since 1987.
02:23In April, we found 2,781 of them for our annual list.
02:27Here are the 10 richest people on Earth as of September 1st, 2024 at 12 a.m. Eastern
02:33Time.
02:34Keep in mind, stock prices fluctuate routinely, so these net worths may change on a daily
02:39basis.
02:41Forbes tracks the daily changes on our real-time list of billionaires.
02:46Elon Musk is the richest person in the world, a title he reclaimed in late May 2024, after
02:51his startup X.A.I. raised $6 billion from private investors at a $24 billion valuation.
02:59Musk's current net worth is $243.7 billion.
03:05At number two is Jeff Bezos, whose net worth is $197 billion.
03:10At number three is Bernard Arnault, who is worth $189.7 billion.
03:16He had been the world's richest person from February through late May this year.
03:20Arnault, who is French, is the only person in the top 10 richest people in the world
03:25who is not American.
03:27At number four is Mark Zuckerberg, who is worth $180.5 billion.
03:33Zuckerberg, the CEO of MetaPlatforms, still owns about 13% of the public company.
03:39At number five is Larry Ellison, whose net worth is $174.7 billion.
03:46At number six is Warren Buffett, who is worth $149.9 billion.
03:52His fortune fattened by $11.6 billion in the past month, as Berkshire Hathaway A shares
03:58climbed 8.5%.
04:01At number seven is Bill Gates, whose net worth is now $137.2 billion.
04:09At number eight is Larry Page, who is worth $136.1 billion.
04:15At number nine is Sergey Brin, who is worth $130.4 billion.
04:21Rounding out the top 10 is Steve Ballmer, whose net worth is $122.5 billion.
04:28Together, the world's top 10 richest, all men who are worth $100 billion or more, are
04:35worth a combined $1.66 trillion, about $31 billion more than a month ago.
04:44For full coverage, check out the Forbes Wealth Team's piece on Forbes.com.
04:50This is Kieran Meadows from Forbes.
04:52Thanks for tuning in.