Top 10 Richest Men in the World in 2024

As 2024 gradually fades, we deemed it imperative to examine the lives of the world’s billionaires and take inventory of their current net worth. It is surprising to find out that despite the global stock markets’ shrugging off of war, lingering inflation and perpetual political unrest that befell the year, the number of billionaires has significantly increased by 141 persons than last year.

According to Forbes’ 2024 records, there are now a total of 2,781 recognized billionaires globally with their aggregate amounting to $14.2 trillion. The record suggests that the aggregate increased by $2 trillion from 2023 and $1.1 trillion above the previous record set in 2021. About two-thirds of the list’s members are worth more than a year ago while only one-fourth are poorer.

The largest portion of the increments are from the world’s top 20 billionaires, who added a combined sum of $700 billion in wealth since 2023, and from the United States who now have over 813 billionaires with an estimated worth of a combined $5.7 trillion. China still secures the second position with 473 billionaires worth over $1.7 trillion while India, which has 200 billionaires ranks third.

List of the world’s richest people in November 2024

The list of the world’s richest men in 2024 has been fluctuating consistently, especially after the United States presidential election which seems to have favoured Elon Musk, one of the closest allies of Donald Trump, making the Tesla CEO to top the list. According to the Bloomberg Billionaires Index, as of November 23, 2024, Elon Musk’s total net worth is estimated to be $348 billion, as opposed to the $119 billion he had last year. Below is the full list of the top 10 richest people as of November 2024.