Meet the 15 members of the $100 billion club — who are jointly worth more than Google – MASHAHER

ISLAM GAMAL19 August 2024Last Update :
Meet the 15 members of the $100 billion club — who are jointly worth more than Google – MASHAHER


Elon Musk (left), Mark Zuckerberg (middle), and Jeff Bezos (right) are all members of the $100 billion club.Scott Olson/Getty/Mark J. Terrill/AP/Drew Angerer/Business Insider Composite

  • The elite group of people worth over $100 billion includes Elon Musk, Jeff Bezos, and Bill Gates.

  • The 15 members have grown about $360 billion richer this year and are jointly worth $2.2 trillion.

  • Three members of the Walton family could soon join the club as they’re worth over $92 billion each.

Elon Musk, Jeff Bezos, and Mark Zuckerberg are among the handful of people on the planet with net worths above $100 billion.

Members of this elite group have amassed 12-digit fortunes by owning huge amounts of stock in some of the world’s most valuable companies. Most are founders and either current or former CEOs, and some like Warren Buffett would be much richer if they didn’t give billions to charity.

There may only be 15 centibillionaires, but their combined wealth exceeds $2.2 trillion, per the Bloomberg Billionaires Index. That’s more than Google-parent Alphabet’s $2 trillion market capitalization.

All but one of them have grown richer this year, adding a combined $360 billion or so to their personal fortunes. Bank of America ($305 billion), Coca-Cola ($298 billion), and Netflix ($289 billion) are all worth less than that.

The exclusive group is poised to expand soon. Three members of the Walton family are sitting on $92 billion-plus fortunes after each grew at least $22 billion richer this year.

Here’s the list of individuals worth at least $100 billion, showing Bloomberg’s estimate of their net worth at the time of publication, how much it’s changed this calendar year, and the source of their wealth.

1. Elon Musk

Elon MuskElon Musk

Tesla and SpaceX CEO Elon Musk.REUTERS/Danny Moloshok

Net worth: $241 billion

YTD change in wealth: +$11.6 billion

Source of wealth: Tesla and SpaceX stock

2. Jeff Bezos

Jeff BezosJeff Bezos

Amazon founder and executive chairman Jeff Bezos.Amy Harris/Invision/AP

Net worth: $200 billion

YTD change in wealth: +$23.3 billion

Source of wealth: Amazon stock

3. Bernard Arnault

bernard arnaultbernard arnault

LVMH founder and CEO Bernard Arnault.Reuters

Net worth: $192 billion

YTD change in wealth: -$15.6 billion

Source of wealth: LVMH stock

4. Mark Zuckerberg

Mark ZuckerbergMark Zuckerberg

Meta cofounder and CEO Mark Zuckerberg.Getty

Net worth: $187 billion

YTD change in wealth: +$59.2 billion

Source of wealth: Meta stock

5. Bill Gates

Bill GatesBill Gates

Microsoft cofounder Bill Gates.John Lamparski/Getty Images

Net worth: $158 billion

YTD change in wealth: +$17.0 billion

Source of wealth: Microsoft stock

6. Larry Ellison

Larry EllisonLarry Ellison

Oracle cofounder Larry Ellison.Justin Sullivan/Getty Images

Net worth: $152 billion

YTD change in wealth: +$29.2 billion

Source of wealth: Oracle and Tesla stock

7. Larry Page

Larry PageLarry Page

Alphabet cofounder Larry Page.Seth Wenig/AP

Net worth: $147 billion

YTD change in wealth: +$20.5 billion

Source of wealth: Alphabet stock

8. Steve Ballmer

Steve Ballmer wavingSteve Ballmer waving

Former Microsoft CEO Steve Ballmer.REUTERS/Lee Jae-Won

Net worth: $145 billion

YTD change in wealth: +$14.3 billion

Source of wealth: Microsoft stock

9. Warren Buffett

Warren BuffettWarren Buffett

Berkshire Hathaway CEO Warren Buffett.Reuters/Rick Wilking

Net worth: $140 billion

YTD change in wealth: +$20.5 billion

Source of wealth: Berkshire Hathaway stock

10. Sergey Brin

Sergey BrinSergey Brin

Alphabet cofounder Sergey Brin.REUTERS/Ruben Sprich

Net worth: $138 billion

YTD change in wealth: +$18.5 billion

Source of wealth: Alphabet stock

11. Mukesh Ambani

mukesh ambanimukesh ambani

Reliance Industries chairman Mukesh Ambani.REUTERS/Denis Balibouse

Net worth: $111 billion

YTD change in wealth: +$14.8 billion

Source of wealth: Reliance Industries stock

12. Jensen Huang

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Nvidia CEO and cofounder Jensen Huang.Vincent Thian/AP

Net worth: $109 billion

YTD change in wealth: +$65.2 billion

Source of wealth: Nvidia stock

13. Michael Dell

Michael DellMichael Dell

Dell founder and CEO Michael Dell.John Locher/AP

Net worth: $106 billion

YTD change in wealth: +$27.7 billion

Source of wealth: Dell stock

14. Gautam Adani

Gautam Adani talking while seated.Gautam Adani talking while seated.

Adani Group founder and chairman Gautam Adani.Amit Dave/Reuters

Net worth: $104 billion

YTD change in wealth: +$19.9 billion

Source of wealth: Adani Group stock

15. Amancio Ortega

amancio ortega zaraamancio ortega zara

Inditex founder Amancio Ortega.how-rich.org

Net worth: $102 billion

YTD change in wealth: +$14.6 billion

Source of wealth: Inditex stock

Runners up: The Waltons

Wal-Mart family Jim Walton, Alice Walton and Rob WaltonWal-Mart family Jim Walton, Alice Walton and Rob Walton

Jim Walton, Alice Walton, and Rob Walton.REUTERS/Rick Wilking

The heirs to the Walmart fortune are on the cusp of passing the $100 billion mark thanks to the retailer’s stock soaring 40% this year.

Founder Sam Walton’s three surviving children — Jim, Rob, and Alice — were worth $95.6 billion, $93.4 billion, and $92.7 billion respectively at the time of writing. They’ve each gained over $22 billion in wealth this year.

Read the original article on Business Insider


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