Who Is The Richest Person In The World Right Now?

“Who is the #1 richest person in the world?” Here is the updated and expanded information:

As of September 4, 2023, the ranking of the top 10 richest people in the world is as follows, along with their respective net worth in billions of dollars and the primary source of their wealth:

1. Elon Musk

   • Net Worth: $248.8 billion
   • Source of Wealth: Tesla, SpaceX

2. Bernard Arnault & family

   • Net Worth: $208.5 billion
   • Source of Wealth: LVMH (Louis Vuitton Moët Hennessy)

3. Jeff Bezos

   • Net Worth: $160.9 billion
   • Source of Wealth: Amazon

4. Larry Ellison

   • Net Worth: $152.3 billion
   • Source of Wealth: Oracle

The rankings are subject to change due to fluctuations in the net worth of these individuals and their businesses. Elon Musk currently holds the top position as the richest person in the world with a net worth of $248.8 billion, primarily attributed to his ownership and leadership in Tesla and SpaceX.

Mukesh Ambani, a prominent billionaire and the wealthiest individual in Asia, has recently made a significant move within his business empire. This action involves appointing all three of his children to the board of directors at Reliance Industries, a multifaceted conglomerate spanning industries from oil to telecommunications. Mr. Ambani, who is currently 66 years old, is the chairman of this conglomerate and is taking steps to gradually transition leadership as he prepares to pass the baton of India’s most valuable company in terms of market capitalization. This development took place on August 28, 2023.

Top 10 richest people in the world

Name & Rank	Net Worth (in $ Billions)	Source of Wealth
#1 Elon Musk	$248.8 B	Tesla, SpaceX
#2 Bernard Arnault & family	$208.5 B	LVMH
#3 Jeff Bezos	$160.9 B	Amazon
#4 Larry Ellison	$152.3 B	Oracle