economie

Meet the 17 people in the $100 billion club — who are jointly worth more than Amazon or Google

October 22, 20240

John Locher/AP

Net worth: $116 billion

YTD change in wealth: +$37.5 billion

Source of wealth: Dell stock

Michael Dell is the founder, chairman, and CEO of the eponymous computer maker. Dell stock has ballooned from below $40 in March last year to north of $120, valuing the company at around $90 billion, as investors wager it will be a key beneficiary from the AI boom.

Dell owns about 46% of his company, and pocketed well over $10 billion from the sale of Dell-backed VMware to Broadcom last year.

13. Amancio Ortega

REUTERS/Denis Balibouse

Net worth: $104 billion

YTD change in wealth: +$7.25 billion

Source of wealth: Reliance Industries stock

Mukesh Ambani is the chairman and managing director of Reliance Industries and Asia’s richest person.

His father, Dhirubhai Ambani, founded Reliance and trusted Mukesh to grow the conglomerate’s petrochemicals business and expand into new areas such as telecommunications.

Mukesh threw a star-studded, multi-event wedding ceremony for his son Anant Ambani this summer.

15. Jim Walton

Rick T. Wilking/Getty Images

Net worth: $101 billion

YTD change in wealth: +$30.1 billion

Source of wealth: Walmart stock

Rob Walton, Sam Walton’s eldest, sat on Walmart’s board for more than 40 years before retiring this June.

His net worth passed $100 billion for the first time in September, making him the second Walton to join the club after his younger brother, Jim.

17. Alice Walton
Alice Walton in Los Angeles in 2022.

Stefanie Keenan/Getty Images

Net worth: $101 billion

YTD change in wealth: +$30.6 billion

Source of wealth: Walmart stock

Alice Walton is Sam Walton’s only daughter, and the world’s richest woman after overtaking L’Oréal heiress Françoise Bettencourt Meyers earlier this year.

She joined her brothers, Jim and Rob, in the $100 billion club in September.