Bill Gates Exits Top 10 Richest People List for the First Time in Three Decades

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Hassan Khan

Bill Gates Exits Top 10 Richest People List for the First Time in Three Decades

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.

Read More: Global IT outage disrupts Microsoft machines, including those in Pakistan

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

NameNet WorthSource
Bernard Arnault & family$233 BillionLVMH
Elon Musk$195 BillionTesla, SpaceX
Jeff Bezos$194 BillionAmazon
Mark Zuckerberg$177 BillionFacebook
Larry Ellison$141 BillionOracle
Warren Buffett$133 BillionBerkshire Hathaway
Bill Gates$128 BillionMicrosoft
Steve Ballmer$121 BillionMicrosoft
Mukesh Ambani$116 BillionDiversified
Larry Page$114 BillionGoogle
Sergey Brin$110 BillionGoogle
Michael Bloomberg$106 BillionBloomberg LP
Amancio Ortega$103 BillionZara
Carlos Slim Helu & family$102 BillionTelecom
Francoise Bettencourt Meyers & family$99.5 BillionL’Oréal
Michael Dell$91 BillionDell Technologies
Gautam Adani$84 BillionInfrastructure, commodities
Jim Walton & family$78.4 BillionWalmart
Rob Walton & family$77.4 BillionWalmart
Jensen Huang$77 BillionSemiconductors

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.

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