REUTERS/Danny Moloshok
Meet the 15 members of the $100 billion club — who are jointly worth more than Amazon or Google
September 12, 20240
2. Jeff Bezos
Reuters
Net worth: $180 billion
YTD change in wealth: -$27.8 billion
Source of wealth: LVMH stock
Bernard Arnault is the founder, chairman, and CEO of LVMH Moët Hennessy Louis Vuitton. His conglomerate owns a bevy of luxury brands, including Dior, Fendi, Dom Pérignon, Sephora, and Tiffany & Co.
4. Mark Zuckerberg
Justin Sullivan/Getty Images
Net worth: $168 billion
YTD change in wealth: +$45.1 billion
Source of wealth: Oracle and Tesla stock
Larry Ellison is the cofounder, chief technology officer, and former CEO of Oracle, an enterprise software company specializing in cloud computing and database platforms.
He invested in Tesla prior to joining the automaker’s board in 2018 and made more than 10 times his money on paper by the time his term as a director ended in August 2022.
6. Bill Gates
Reuters/Rick Wilking
Net worth: $145 billion
YTD change in wealth: +$24.8 billion
Source of wealth: Berkshire Hathaway stock
Warren Buffett acquired Berkshire Hathaway when it was a failing textile mill in 1965 and has since grown it into one of the world’s largest companies. His nearly 15% stake is worth around $145 billion.
The famed investor’s conglomerate owns scores of businesses, including GEICO, See’s Candies, and BNSF Railway, and holds multibillion-dollar stakes in public companies such as Apple and Coca-Cola.
Buffett has gifted around half of his Berkshire shares to the Gates Foundation and four family foundations since 2006. All else being equal, if he’d retained all his stock he would be the world’s wealthiest person with a net worth over $300 billion.
8. Steve Ballmer
Seth Wenig/AP
Net worth: $136 billion
YTD change in wealth: +$9.13 billion
Source of wealth: Alphabet stock
Larry Page cofounded Google with his Stanford University classmate Sergey Brin in a friend’s garage in 1998 and served as CEO until 2001.
He took the reins again between 2011 and 2015 after Google was restructured as a subsidiary of Alphabet alongside other businesses such as YouTube and Waymo.
10. Sergey Brin
REUTERS/Denis Balibouse
Net worth: $111 billion
YTD change in wealth: +$14.4 billion
Source of wealth: Reliance Industries stock
Mukesh Ambani is the chairman and managing director of Reliance Industries and Asia’s richest man.
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.
12. Amancio Ortega
Walmart
Net worth: $101 billion
YTD change in wealth: +$28.1 billion
Source of wealth: Walmart stock
Jim Walton is the youngest son of Walmart founder Sam Walton, who gave each of his four children a 20% stake in the budding retail business over 70 years ago. Jim and his two surviving siblings, Rob and Alice, each still own over 11% of the company.
Jim’s net worth crossed $100 billion this week thanks to the retailer’s stock soaring 50% this year. Rob and Alice are worth $98.3 and $97.7 billion respectively, meaning they could soon join him in the $100 billion club.
14. Michael Dell
Amit Dave/Reuters
Net worth: $100 billion
YTD change in wealth: +$15.7 billion
Source of wealth: Adani Group stock
Gautam Adani is the founder and chairman of the Adani Group. His conglomerate is a leading developer of infrastructure such as ports and power plants in India.