Bernard Arnault, CEO of luxury brand LVMH Moët Hennessy Louis Vuitton (LVMH), leads the pack as the world’s richest person as of May 1, 2024, according to Forbes.

The American business magazine’s real-time billionaires list reveals Arnault’s net worth at a staggering $209.4 billion. Despite a recent $17 billion decline in LVMH’s stock value, Arnault retains his position at the top.

Following closely behind is Tesla’s Elon Musk, boasting a net worth of $199.6 billion. Musk briefly slipped to third place in April 2024 when Amazon founder Jeff Bezos surpassed him, but a 15% rise in Tesla’s stock on April 29, 2024, catapulted Musk’s wealth by $14.5 billion, securing his second-place spot.

Bezos now occupies third place with a net worth of $193.3 billion, while Mark Zuckerberg of Meta stands in fourth with a net worth of $151.2 billion.

Rounding out the top ten wealthiest individuals are Microsoft founder Bill Gates in ninth with a net worth of $128 billion, and Steve Ballmer, another Microsoft veteran, closing the list with $117.1 billion.

Here’s the full list of the top ten richest individuals as of May 1, 2024:

1. Bernard Arnault – $209.4 billion (LVMH/luxury goods)

2. Elon Musk – $199.6 billion (Tesla, SpaceX, X)

3. Jeff Bezos – $193.3 billion (Amazon)

4. Mark Zuckerberg – $151.2 billion (Meta/Facebook)

5. Larry Ellison – $142.8 billion (Oracle)

6. Larry Page – $135.4 billion (Google)

7. Warren Buffett – $131 billion (Berkshire Hathaway)

8. Sergey Brin – $129.9 billion (Google)

9. Bill Gates – $128 billion (Microsoft)

10. Steve Ballmer – $117.1 billion (Microsoft, Clippers NBA)

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