World's Top 10 Richest People List Updated: Elon Musk Beats Bernard Arnault to Top the List

Elon Musk is the richest man in the world. In 2004, Musk became a major funder of Tesla Motors (now Tesla), which led to his current position as CEO of the electric vehicle company. Net Worth: $195 billion.

French national Bernard Arnault is the chair and CEO of LVMH, the world’s largest luxury goods company. LVMH brands include Louis Vuitton, Hennessey, Marc Jacobs, and Sephora. Net Worth: $187 billion.

In 1994, Jeff Bezos founded Amazon.com in a garage in Seattle, shortly after he resigned from the hedge fund giant D.E. Shaw. He had originally pitched the idea of an online bookstore to his former boss David E. Shaw, who wasn’t interested. Net Worth: $146 billion.

While attending Harvard University in 1975, Bill Gates went to work alongside his childhood friend Paul Allen to develop new software for the original microcomputers. Net Worth: $126 billion.

Larry Ellison was born in New York City to a 19-year-old single mother. After dropping out of the University of Chicago in 1966, Ellison moved to California and worked as a computer programmer. Net Worth: $118 billion.

Steve Ballmer joined Microsoft in 1980 after Bill Gates convinced him to drop out of Stanford University's MBA program. He was Microsoft's 30th employee. Ballmer went on to succeed Gates as Microsoft CEO in 2000. $115 billion.

The most famous living value investor, Warren Buffett filed his first tax return in 1944 at age 14, declaring earnings from his boyhood paper route. Net Worth: $113 billion.

Like several of the tech billionaires on this list, Larry Page embarked on his path to fame and fortune in a college dorm room. Net Worth: $112 billion.

Sergey Brin was born in Moscow, Russia, moving to the U.S. with his family when he was six in 1979. After co-founding Google with Larry Page in 1998, Brin became Google's president of technology when Eric Schmidt took over as CEO in 2001. Net Worth: $106 billion.

Mark Zuckerberg first developed Facebook (now Meta) alongside fellow students Eduardo Saverin, Dustin Moskovitz, and Chris Hughes while attending Harvard University in 2004. Net Worth: $99.2 billion.