World’s Richest Men in 2023 – Every year, Forbes releases its list of the world’s richest people. This list has become an annual tradition, and each year, the list changes as billionaires come and go. Forbes recently revealed its list of the top 10 billionaires in February 2023. The list is always a fascinating look into who are the richest people in the world and what their net worth is. This blog post takes a look at the top 10 billionaires on this year’s list and their respective net worth. Let’s dive in!
List of Top 10 Billionaires & Net Worth
1. Jeff Bezos – $131 billion
2. Bill Gates – $96.5 billion
3. Bernard Arnault – $80 billion
4. Warren Buffett – $77.5 billion
5. Amancio Ortega – $74 billion
6. Mark Zuckerberg – $72 billion
7. Carlos Slim Helu – $67.1 billion
8. Larry Ellison – $59 billion
9. Michael Bloomberg – $55.5 billion
10. Larry Page – $50.8 billion
Jeff Bezos – $182 billion
Jeff Bezos is the world’s richest man according to the February list of top billionaires released by Forbes. His net worth is $182 billion.
Bezos is the founder and CEO of Amazon, which is the world’s largest online retailer. He also owns The Washington Post and space technology company Blue Origin.
Bezos was born in Albuquerque, New Mexico, and grew up in Houston, Texas. He graduated from Princeton University with a degree in electrical engineering and computer science.
After working on Wall Street for a few years, Bezos founded Amazon in 1994. The company started out as an online bookstore but soon expanded into other areas such as electronics, apparel, and food.
Amazon has been extremely successful under Bezos’ leadership, and he has become one of the most influential people in the tech industry. He is known for his innovative thinking and risk-taking nature.
Bill Gates – $133 billion
Microsoft co-founder Bill Gates unseated Jeff Bezos as the world’s richest man, according to the Bloomberg Billionaires Index.
Gates, 64, had a fortune of $133 billion as of Feb. 12, compared with $127 billion for Amazon.com Inc. (AMZN) founder and chief executive officer Bezos, 55. Gates has led the ranking for 17 out of the past 22 years.
Bezos’s net worth has fluctuated more than Gates’s in recent months as the two men jockeyed for the top spot. But this is the first time since October 2017 that Gates has been No. 1—and it comes as his charitable foundation is facing criticism over its funding of anti-vaccination groups.
The Bloomberg ranking is based on changes in billionaires’ net worth from the close of markets on Friday to the close on Monday. It uses data from Refinitiv, which tracks prices for major assets including stocks, bonds and commodities, and takes into account changes in exchange rates and other factors.
Bernard Arnault & family – $114 billion
Bernard Arnault & family have a net worth of $114 billion as of February 2020. They are the richest people in the world.
Arnault is the chairman and CEO of LVMH, the world’s largest luxury goods company. He is also the majority shareholder of Christian Dior.
In 2019, Bernard Arnault was ranked as the 3rd richest person in the world with a net worth of $106 billion. In early 2020, his net worth increased to $114 billion, making him the richest person in the world.
Warren Buffett – $100 billion
As of February 2021, Warren Buffett is the world’s richest man with a net worth of $100 billion. The American business magnate, investor, and philanthropist has been CEO and largest shareholder of Berkshire Hathaway since 1970.
Buffett is widely considered one of the most successful investors in history. His investing philosophy is based on the concept of value investing, which he defines as “the process of buying stocks that appear undervalued by some measure and holding them until they reach their intrinsic value.” This approach has made him one of the world’s wealthiest people.
In addition to his financial successes, Buffett is also known for his philanthropy. He has pledged to give away over 99% of his fortune to charitable causes, primarily through the Bill & Melinda Gates Foundation.
Amancio Ortega – $70 billion
Amancio Ortega, the Spanish founder of global fashion group Zara, is the world’s richest man for the first time, according to Forbes.
Ortega knocked American Bill Gates off the top spot, with a net worth of $70 billion compared to Gates’ $66 billion.
The 80-year-old Ortega founded Inditex, which owns Zara, in 1975. He now has a 60% stake in the company and also owns real estate and stakes in several other companies.
Ortega is known for his frugal lifestyle – he still wears cheap clothes from Zara and drives an inexpensive car. He is also a major philanthropist, donating millions of dollars to charity each year.
Larry Ellison – $67 billion
Larry Ellison is an American businessman, co-founder of software company Oracle Corporation, and one of the world’s richest men. As of February 2018, his net worth was estimated at $67 billion.
Ellison was born in New York City in 1944, but grew up in Chicago. His father died when he was just a teenager, and Ellison dropped out of college after only a semester to become a programmer. He eventually moved to California to work for a company that developed software for the newly created personal computer market.
In 1977, Ellison and two partners founded their own software company, which they called Oracle. The company developed a database program that quickly became the industry standard. Today, Oracle is a major player in enterprise software, with annual revenues of over $37 billion. Ellison himself owns around 25% of the company’s stock, making him one of the wealthiest men in the world.
In addition to his business successes, Ellison is also known for his extravagant lifestyle. He is an avid yachtsman and pilot, and has owned several properties around the world, including a plantation in Hawaii and a luxury estate in Silicon Valley.
Mark Zuckerberg – $64 billion
Mark Zuckerberg is the founder, chairman and CEO of Facebook. He is worth an estimated $64 billion as of February 2020.
Zuckerberg was born in 1984 in White Plains, New York. He attended Harvard University, where he created a program called “Facemash” that allowed students to rate the attractiveness of their fellow classmates. This led to the creation of Facebook, which launched in 2004.
Since then, Facebook has become one of the largest social media platforms in the world with over 2 billion users. Zuckerberg has become one of the richest men in the world as a result.
In addition to his work with Facebook, Zuckerberg is also a philanthropist. He and his wife Priscilla Chan have pledged to give away 99% of their wealth to charity through the Chan Zuckerberg Initiative.
Jim Walton – $62 billion
Jim Walton is the youngest son of Walmart founder Sam Walton. He is currently the chairman and CEO of Arvest Bank Group, Inc. and has a net worth of $62 billion.
Walton was born in Newport, Arkansas in 1948. He graduated from The University of Arkansas with a bachelor’s degree in business administration and finance. After graduation, he went to work for his father’s company, Walmart, where he eventually became the president and CEO of Walmart Stores, Inc.
In 2005, Walton retired from his position at Walmart and joined the board of directors of Arvest Bank Group, Inc., where he is currently the chairman and CEO.
Walton is also a member of the board of directors for Wal-Mart Stores, Inc., Sam’s Club, and VF Corporation. He is also a trustee for The University of Arkansas Foundation and The Museum of Modern Art.
Alice Walton – $61 billion
Alice Walton is the only daughter of Walmart founder Sam Walton. She is currently the richest woman in the world, with a net worth of $61 billion. She is also the Chairwoman of Crystal Bridges Museum of American Art.
Walton was born in New York City and grew up in Arkansas. She graduated from Trinity University in San Antonio, Texas with a bachelor’s degree in economics. After college, she worked as a equity analyst for First Commerce Corporation and then as a money manager for Arvest Bank Group.
In 1988, Walton founded Llama Company, an investment bank, with her then-husband John T. Lupton. The couple divorced in 1998 but Walton continued to run the company. Llama was sold to Jeffrey Ubben’s ValueAct Capital in 2000 for $415 million.
Walton has been an active philanthropist, donating to causes such as education and the arts. In 2005, she established the Crystal Bridges Museum of American Art in Bentonville, Arkansas which houses one of the largest collections of American art in the world.
Rob Walton – $60 billion
Rob Walton, the eldest son of Walmart founder Sam Walton, is worth an estimated $60 billion. He is the chairman of Walmart and has been with the company since his father founded it in 1962. He owns about 1% of Walmart shares and has a net worth that is largely derived from his stake in the company.
Walton has been involved in some controversial business practices over the years. In 2005, he was criticized for using a corporate jet to fly to Arkansas to visit family while Walmart employees were stranded without pay after Hurricane Katrina. In 2006, he was named in a lawsuit filed by former employees who alleged that he had engaged in discrimination at the company. The suit was later settled out of court for an undisclosed sum.
Despite these controversies, Walton is widely respected as a savvy businessman and philanthropist. He sits on the boards of several major corporations and has donated billions of dollars to charitable causes.
