03.14 10:54 am
IMTIAZ ASLAM
TOP 10 RICHEST PEOPLES IN THE WORLD IN 2024.Bernard Arnault
He is a French national and the CEO and chairman of LVMH, the world's largest
luxury goods company that includes over 75 luxury brands such as Louis Vuitton,
Hennessey, Marc Jacobs, and Sephora. Arnault's immense wealth is derived mainly
from his significant stake in Christian Dior SE.
Arnault began exhibiting his business acumen while working at his father's
construction company, Ferret-Savinel, and eventually took over as CEO in 1971. He
later converted Ferret-Savinel to a real estate company called Férinel Inc. in 1979
and remained its chairman for six more years.
In 1984, Arnault acquired luxury goods maker Financière Agache and reorganized it,
eventually selling all its holdings except for Christian Dior and Le Bon Marché. He
was invited to invest in LVMH in 1987 and became its majority shareholder, board
chair, and CEO two years later. Arnault is an engineer by training and has received
numerous awards for his contributions to the fashion industry, including France's
Legion of Honor.
2. Elon Musk
Elon Musk is a prominent figure in the business world and an entrepreneur from the
United States. He is widely recognized as the founder of two groundbreaking
companies, Tesla, Inc., which specializes in electric car manufacturing, and
SpaceX, which is known for its pioneering work in the space industry. Musk has also
played key roles in the creation of several other successful ventures, including
PayPal, SolarCity, Neuralink, and The Boring Company.
He established himself as an entrepreneur, founding Zip2, a company that created
online business directories and maps for newspapers. After selling Zip2 for a
substantial sum, Musk co-founded PayPal, which quickly became a leader in online
payment systems.
With a goal of making space exploration more affordable and accessible, SpaceX has
achieved numerous groundbreaking accomplishments, including the first privately-
funded spacecraft to reach orbit and the first privately-funded spacecraft to dock
with the International Space Station. Alongside his work with SpaceX, Musk also
founded Tesla, a company that has revolutionized the automobile industry with its
innovative electric vehicles.
Musk's innovative work has earned him numerous accolades, including being named one
of Time magazine's 100 most influential people in the world and multiple
appearances on Forbes' list of the world's richest people.
3. Jeff Bezos
Jeff Bezos, an American entrepreneur, founded Amazon.com in Seattle in 1994, after
leaving his job at the hedge fund firm D.E. Shaw. He initially pitched the idea of
an online bookstore to his former boss, David E. Shaw, who rejected it. Although
Amazon began as a bookstore, it has evolved into a one-stop-shop for nearly
everything, and is projected to surpass Walmart as the world’s largest retailer by
2024. Bezos took Amazon public in 1997 and became the first person since Bill Gates
in 1999 to achieve a net worth of over $100 billion. In July 2021, Bezos stepped
down as the CEO of the e-commerce giant and became its executive chair. Bezos’
other ventures include Blue Origin, an aerospace company, The Washington Post
(which he acquired in 2013), and the Long Now Foundation’s 10,000-year clock.
During the COVID-19 pandemic, Amazon's share price increased by 76% due to the
increased demand for online shopping.
4. Larry Ellison
Larry Ellison is a co-founder, chairman, and chief technology officer of Oracle,
IMTIAZ ASLAM
TOP 10 RICHEST PEOPLES IN THE WORLD IN 2024.Bernard Arnault
He is a French national and the CEO and chairman of LVMH, the world's largest
luxury goods company that includes over 75 luxury brands such as Louis Vuitton,
Hennessey, Marc Jacobs, and Sephora. Arnault's immense wealth is derived mainly
from his significant stake in Christian Dior SE.
Arnault began exhibiting his business acumen while working at his father's
construction company, Ferret-Savinel, and eventually took over as CEO in 1971. He
later converted Ferret-Savinel to a real estate company called Férinel Inc. in 1979
and remained its chairman for six more years.
In 1984, Arnault acquired luxury goods maker Financière Agache and reorganized it,
eventually selling all its holdings except for Christian Dior and Le Bon Marché. He
was invited to invest in LVMH in 1987 and became its majority shareholder, board
chair, and CEO two years later. Arnault is an engineer by training and has received
numerous awards for his contributions to the fashion industry, including France's
Legion of Honor.
2. Elon Musk
Elon Musk is a prominent figure in the business world and an entrepreneur from the
United States. He is widely recognized as the founder of two groundbreaking
companies, Tesla, Inc., which specializes in electric car manufacturing, and
SpaceX, which is known for its pioneering work in the space industry. Musk has also
played key roles in the creation of several other successful ventures, including
PayPal, SolarCity, Neuralink, and The Boring Company.
He established himself as an entrepreneur, founding Zip2, a company that created
online business directories and maps for newspapers. After selling Zip2 for a
substantial sum, Musk co-founded PayPal, which quickly became a leader in online
payment systems.
With a goal of making space exploration more affordable and accessible, SpaceX has
achieved numerous groundbreaking accomplishments, including the first privately-
funded spacecraft to reach orbit and the first privately-funded spacecraft to dock
with the International Space Station. Alongside his work with SpaceX, Musk also
founded Tesla, a company that has revolutionized the automobile industry with its
innovative electric vehicles.
Musk's innovative work has earned him numerous accolades, including being named one
of Time magazine's 100 most influential people in the world and multiple
appearances on Forbes' list of the world's richest people.
3. Jeff Bezos
Jeff Bezos, an American entrepreneur, founded Amazon.com in Seattle in 1994, after
leaving his job at the hedge fund firm D.E. Shaw. He initially pitched the idea of
an online bookstore to his former boss, David E. Shaw, who rejected it. Although
Amazon began as a bookstore, it has evolved into a one-stop-shop for nearly
everything, and is projected to surpass Walmart as the world’s largest retailer by
2024. Bezos took Amazon public in 1997 and became the first person since Bill Gates
in 1999 to achieve a net worth of over $100 billion. In July 2021, Bezos stepped
down as the CEO of the e-commerce giant and became its executive chair. Bezos’
other ventures include Blue Origin, an aerospace company, The Washington Post
(which he acquired in 2013), and the Long Now Foundation’s 10,000-year clock.
During the COVID-19 pandemic, Amazon's share price increased by 76% due to the
increased demand for online shopping.
4. Larry Ellison
Larry Ellison is a co-founder, chairman, and chief technology officer of Oracle,
