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Top 10 richest men in the world increase wealth by $201.8 bn in Q2 2024

Meet 20 executives who became billionaires while working for others

The combined wealth of the top 10 richest men in the world was an astonishing $1.49 trillion in Q1 2024,

By Q2 2024, this figure increased to $1.69 trillion, marking a significant rise of $201.8 billion or 13.54%.

Elon Musk, who was third in Q1, saw a remarkable increase in his wealth, climbing to $240.2 billion in Q2, an increase of 24.85%. This leap placed him at the top of the list, overtaking Bernard Arnault and Jeff Bezos.

Read also: Top 10 richest men in the world worth $1.49 tn combined in Q1 2024

Jeff Bezos also saw a healthy rise in his wealth, increasing by 6.70% to reach $216.5 billion.

Bernard Arnault, previously the wealthiest, experienced a decline of 12.08%, dropping to $192.9 billion in Q2.

Mark Zuckerberg’s wealth decreased slightly by 3.30%, bringing his net worth to $178.6 billion.

Larry Ellison experienced a significant increase of 14.65%, raising his net worth to $176.7 billion.

Larry Page and Sergey Brin also saw notable increases in their wealth, rising by 19.94% and 19.44% respectively, with Page reaching $152.8 billion and Brin $146.2 billion.

Bill Gates’ net worth increased by 2.76%, reaching $134.2 billion. Steve Ballmer saw a modest increase of 6.80%, bringing his wealth to $133.6 billion.

Read also: 10 richest men in the world at the start of 2024

Warren Buffett, despite remaining in the top 10, experienced a decrease of 6.85%, dropping to $128.1 billion.

According to the Forbes Billionaires List, here are the top 10 richest men in the world worth $1.69 tn combined in Q2 2024 as of July 3

  1. Elon Musk – $240.2 bn
  2. Jeff Bezos – $216.5 bn
  3. Bernard Arnault – $192.9 bn
  4. Mark Zuckerberg – $178.6 bn
  5. Larry Ellison – $176.7 bn
  6. Larry Page – $152.8 bn
  7. Sergey Brin – $146.2 bn
  8. Bill Gates – $134.2 bn
  9. Steve Ballmer – $133.6 bn
  10. Warren Buffett – $128.1 bn

Chisom Michael is a data analyst (audience engagement) and writer at BusinessDay, with diverse experience in the media industry. He holds a BSc in Industrial Physics from Imo State University and an MEng in Computer Science and Technology from Liaoning Univerisity of Technology China. He specialises in listicle writing, profiles and leveraging his skills in audience engagement analysis and data-driven insights to create compelling content that resonates with readers.

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