Top 10 Richest Person in World Today

The Richest Man in the World, as reported in September 2023, is Elon Musk, with a net worth of $256.5 billion. World’s Billionaires is an annual ranking granted to the wealthiest billionaires in the world, documented on the basis of their net worth. It is compiled and published annually every year, in July, by the American business magazine Forbes. Each individual on the list, their total net worth is estimated and cited in US dollars based on their debt accountability, documented assets and other factors. This list does not include royalty and dictators who possess wealth from their position and hierarchy.

Top 10 Richest People in the World Today

The list of the top 10 richest men in the world, as of January 2024, is as follows:

How are the Wealthiest Millionaires Determined by Forbes?

To determine and compile the ‘world richest man list’, every year, Forbes appoints a team of over 50 reporters from multiple countries who are given the responsibility to track the activities of the top richest man in the world, be it individuals, groups or even families who share the wealth. Those who qualify for the list are :

• sent preliminary surveys.
• Their business deals are scrutinised
• The estimate of their valuable assets like homes, land, vehicles, artwork etc; are made
• To evaluate the figures and to improve an individual’s holdings’ estimate, interviews are conducted
• Lastly, the positions in a publicly-traded stock are evaluated and priced to market roughly a month before the publication of the final list of the richest man in the world.

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FAQs about Richest Man in the World

When was the first list of the top richest men in the world published by Forbes?

Forbes published the list of top billionaires in the world for the first time in March 1987.

How many billionaires were recorded in the year 2021?

In 2021, Forbes released its 35th annual report compiling the list of billionaires in the world which accounted for a total of 2,755 people.

Who is the richest person in the world?

In 2023, Elon Musk, the founder and executive chair of SpaceX, Angel investor, was tagged as the richest man in the world for the 2nd time in succession, with a net worth of $255.2 billion.