Bill Gates Falls Out of Top Ten on Forbes 400 List for First Time Since the ’90s
Microsoft co-founder Bill Gates has slipped to twelfth place on the Forbes 400 list of America’s wealthiest individuals, marking the first time since the early 1990s that he is outside the top ten. At 68 years old, Gates has a fortune estimated at $107 billion, down $4 billion from the previous year, with one significant factor cited for this decline being his divorce from Melinda Gates, who now has an estimated net worth of $29 billion, making her the ninth-richest woman in the U.S.
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In the latest rankings, Gates finds himself behind notable billionaires such as Elon Musk, Larry Ellison, and Jeff Bezos. This shift highlights the changing dynamics of wealth among the world’s richest individuals.
Richest People in the World 2024
Name | Net Worth | Source |
---|---|---|
Bernard Arnault & family | $233 Billion | LVMH |
Elon Musk | $195 Billion | Tesla, SpaceX |
Jeff Bezos | $194 Billion | Amazon |
Mark Zuckerberg | $177 Billion | |
Larry Ellison | $141 Billion | Oracle |
Warren Buffett | $133 Billion | Berkshire Hathaway |
Bill Gates | $128 Billion | Microsoft |
Steve Ballmer | $121 Billion | Microsoft |
Mukesh Ambani | $116 Billion | Diversified |
Larry Page | $114 Billion | |
Sergey Brin | $110 Billion | |
Michael Bloomberg | $106 Billion | Bloomberg LP |
Amancio Ortega | $103 Billion | Zara |
Carlos Slim Helu & family | $102 Billion | Telecom |
Francoise Bettencourt Meyers & family | $99.5 Billion | L’Oréal |
Michael Dell | $91 Billion | Dell Technologies |
Gautam Adani | $84 Billion | Infrastructure, commodities |
Jim Walton & family | $78.4 Billion | Walmart |
Rob Walton & family | $77.4 Billion | Walmart |
Jensen Huang | $77 Billion | Semiconductors |
Elon Musk retains the top spot as the world’s richest person, followed by Larry Ellison and Jeff Bezos. Mark Zuckerberg is in fourth place, with Bernard Arnault and family in fifth. Warren Buffett, Larry Page, and Amancio Ortega round out the top eight.
Gates’ decline in the rankings serves as a reminder of the volatile nature of personal fortunes in the shifting wealth landscape.