5 Billionaires Closest In Race To Overtake Elon Musk As World's Second Richest Person (2024)

In December 2022, French luxury fashion house Louis Vuitton’s founder and CEO Bernard Arnault overtook Elon Musk as the world’s richest person. Arnault and his family currently have a net worth of $204 billion, as per Forbes' real-time rich list, whereas Musk's net worth is $146.5 billion.

5 Billionaires Closest In Race To Overtake Elon Musk As World's Second Richest Person (1) ET

Twitter and Tesla CEO Elon Musk not only lost the title of the world’s richest person but also became the first-ever person ever in the world to lose $200 billion in net worth. Even in 2023, Musk’s net worth has continued to sink. If the trend continues, it looks certainly hard for Musk to even retain second place in the world's richest list.

But who could replace him as the world's richest person? Well, there are not one or two but in fact, five billionaires as per Forbes list who are closest in the race to replace Elon Musk as the world's second richest person

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5 Billionaires Closest In Race To Overtake Elon Musk As World's Second Richest Person (2)

5 Billionaires Closest In The Race To Replace Elon MuskAs World's Second Richest Person

1. Gautam Adani

On the Forbes real-time richest people list, the billionaire who is closest to Elon Musk, is third placed Gautam Adani.

5 Billionaires Closest In Race To Overtake Elon Musk As World's Second Richest Person (3) gqindia

Asia's richest person Adani has been amongst the very few billionaires who managed to gain significant wealth in 2022, a year that otherwise saw most billionaires in the world lose billions of dollars. Gautam Adani has a net worth of $125.1 billion.

2. Jeff Bezos

World's fourth richest person, i.e. Amazon founder Jeff Bezos currently has a net worth of $118.3 billion.

5 Billionaires Closest In Race To Overtake Elon Musk As World's Second Richest Person (4) shutterstock

Last year, Bezos had not only donated $123 million for helping homeless people in the US, but also pledgedtodonatehis entire wealth during his lifetime.

3. Warren Buffett

Legendary investor Warren Buffett, too, is in the race. Currently, the 'Oracle of Omaha' has a net worth of $111 billion.

5 Billionaires Closest In Race To Overtake Elon Musk As World's Second Richest Person (5) forbes

The Berkshire Hathaway Chairman has been amongst the world's richest people for a pretty long time, and Warren Buffett has already pledged to donate over 99% of his wealtheither in his lifetime or at his death.

Also Read:A Look Back At The Highlights From Warren Buffett's Life On The Billionaire's 92nd Birthday

4. Larry Ellison

5 Billionaires Closest In Race To Overtake Elon Musk As World's Second Richest Person (6) AFP

Another billionaire in the race isLarry Ellison, the Chairman and co-founder of software giant Oracle. He currently has a net worth of $109.8 billion.

As per Forbes,Ellison sat on the board of Elon Musk-led Tesla from December 2018 to August 2022 and still owns about 15 million shares in the EV maker.

5. Bill Gates

The fifth billionaire on the list is Microsoft co-founder Bill Gates. Gates co-founded Microsoft with Paul Allen in 1975.

5 Billionaires Closest In Race To Overtake Elon Musk As World's Second Richest Person (7) forbes

Last year, Bill Gates had tweeted that he vows to give away virtually all of his wealth and eventually drop down from the richest people list.

Also Read:Bill & Melinda Gates Foundation Appoints Indian Philanthropist Ashish Dhawan To Board Of Trustees

5 Billionaires Closest In Race To Overtake Elon Musk As World's Second Richest Person (8) cnbc getty

Besides these five billionaires who are only behind Bernard Arnault and Elon Musk currently in the world's richest list, the remaining billionaires in the top 10 richest people list, as per Forbes, include-Mukesh Ambani ($88.4 billion),Carlos Slim Helu & family($87.6 billion) andLarry Page($80 billion).

It remains to be seen whether Elon Musk manages to regain the world's richest person title or even retain his second position with many billionaires drawing closer to his net worth and creating the chance of replacing him.

Also Read:Former UK Minister Wants To Give $1,000 To Every Poor Person

For the latest and interesting financial news, keep reading Indiatimes Worth.Click here.

5 Billionaires Closest In Race To Overtake Elon Musk As World's Second Richest Person (2024)

FAQs

Who surpassed Elon Musk as richest person? ›

Jeff Bezos has reclaimed the title of the richest person on Earth, surpassing Elon Musk, according to the Bloomberg Billionaires Index on Monday. The Amazon founder's net worth was $200 billion, while Musk followed at $198 billion.

Who are the top 5 richest people in the world? ›

Bernard Arnault Ahead of Elon Musk
RankNameNet Worth
1Bernard Arnault & family$212.1B
2Elon Musk$194.6B
3Jeff Bezos$192.4B
4Mark Zuckerberg$161.8B
6 more rows
Feb 21, 2024

Who is the No 1 richest person in world? ›

Bernard Arnault & Family

Bernard Arnault, the richest person in the world, is the CEO and chairman at Moët Hennessy Louis Vuitton (LVMH), the world's largest luxury goods company encompassing approximately 70 renowned fashion and cosmetics brands.

Who is richest person in the world 2024? ›

Bernard Arnault maintains his position as the world's richest person in 2024, with a fortune of $233 billion, driven by LVMH's exceptional performance. His strategic acquisitions and focus on succession planning highlight his visionary leadership.

Who overtook Elon Musk? ›

Bernard Arnault, Chairman and CEO of Moet Hennessy Louis Vuitton (LVMH) has surpassed Elon Musk to become the richest man in the world. As per Forbes, the net worth of the French billionaire and his family grew to $207.6 billion after a $23.6 billion increase.

Did Bezos overtake Elon Musk? ›

Jeff Bezos is once again the world's richest person. The Amazon founder, 60, reclaimed the title by edging out Tesla CEO Elon Musk by $2 billion, according to the Bloomberg Billionaires Index on Monday. Bezos, whose net worth is currently estimated at $200 billion, last held the top honor in 2021.

Who is the richest girl in the world? ›

No.

Francoise Bettencourt Meyers, 70, has been deemed the richest woman in the entire world with a net work of $99.5 billion in 2024, according to Forbes. She owes it to the widely known cosmetic care company called L'Oreal, which was founded by her grandfather.

How rich is Taylor Swift? ›

Taylor Swift has joined the exclusive billionaire club, thanks to her highly successful Eras tour. According to a report from Bloomberg, the 33-year-old pop star has amassed a net worth of about $1.1 billion, primarily from her music.

What is a Quadrillionaire? ›

quadrillionaire (plural quadrillionaires) Somebody whose wealth is greater than one quadrillion units of the local currency. (by extension) An extremely wealthy person.

Which country has most billionaires? ›

They hail from 78 countries, up from 77 in 2023. The U.S. remains the country with the most billionaire citizens, with 813 who are collectively worth $5.7 trillion, both records.

What profession has the most billionaires? ›

In broader terms, the finance and investment profession has the most millionaires. It also has the most billionaires, with 371. Here's a list of the seven best careers if you want to be a millionaire.

Who are the richest people in Mexico? ›

Carlos Slim and German Larrea, Mexico's richest two people, have seen their fortunes more than double.

How is Taylor Swift a billionaire? ›

Last year, Billboard estimated that the Swift grossed approximately $1.82 billion in music sales and royalties, concert tickets, merchandise sales at concerts and movie ticket sales in 2023 through Dec. 7.

How many billionaires are in China? ›

There are currently 3,279 billionaires globally, a 5% increase from 2023, the report showed. According to the country ranking, China still tops the list with 814 billionaires even though the country lost 155 billionaires from a year ago.

Is Taylor Swift on Forbes list? ›

I've covered TV, music and pop culture for over 6 years. Taylor Swift officially landed on Forbes' billionaires list on Tuesday, April 2.

Does Jeff Bezos have more money than Elon Musk? ›

Amazon founder Jeff Bezos took back his spot as the world's richest man on Monday, dethroning Elon Musk on the Bloomberg Billionaires Index. Bezos' net worth stands at $200 billion, according to the tracker, surpassing the Tesla chief's $198 billion.

Is Bernard Arnault the richest man in the world? ›

The Forbes magazine currently lists Bernard Arnault, and his family, as the world's richest person, with a fortune of $214bn (£172bn), ahead of Amazon founder Jeff Bezos and Elon Musk, who heads Tesla and X.

What does Jeff Bezos own? ›

The founder of Amazon boasts several other enterprises — including the aforementioned aerospace company Blue Origin and The Washington Post newspaper — that have helped boost his net worth. His investment firm, Bezos Expedition, owns stakes in Uber (UBER) , AirBnB (ABNB) , and X (formerly Twitter) (TWTR) .

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