In 2023, the total wealth of the world's top ten richest people increased by $465.6 billion, surpassing the market value of Walmart, the largest U.S. retailer ($424.4 billion), thanks to the strong rebound in the stock market and the surge in technology stock prices. As of the end of 2023, the total wealth of these ten richest people reached US$1.47 trillion, which is equivalent to the sixth largest listed company in the world and exceeds the market value of Nvidia (US$1.22 trillion).
Tesla CEO Elon Musk is still the richest man in the world, with a net worth of US$229 billion as of the end of 2023, an increase of US$92 billion in the past year.
Bernard Arnault, chairman of LVMH Moët Hennessy Louis Vuitton, ranks second with a net worth of US$179 billion, an increase of US$17 billion in the past year.
Amazon founder Jeff Bezos ranks third with a net worth of $177 billion, an increase of $70 billion in the past year.
Microsoft co-founder Bill Gates ranks fourth with a net worth of $141 billion, an increase of $32 billion in the past year.
Followed by former Microsoft CEO Steve Ballmer, with a net worth of US$131 billion, an increase of US$45.2 billion in the past year.
The sixth place is Meta CEO Mark Zuckerberg, with a net worth of US$128 billion, an increase of US$82.4 billion in the past year.
The seventh place is Google co-founder Larry Page, with a net worth of US$126 billion, an increase of US$43.5 billion in the past year.
The eighth place is Oracle founder Larry Ellison, with a net worth of US$123 billion, an increase of US$31.1 billion in the past year.
The ninth place is Google co-founder Sergey Brin, with a net worth of US$120 billion, an increase of US$40.6 billion in the past year.
"Stock God" Buffett ranks tenth, with a net worth of US$120 billion, an increase of US$31 billion in the past year.