Top 10 richest people in the world increased their wealth by $213 billion in 2023

In 2023, the net worth of the top 10 richest people in the world increased by $213 billion due to the recovery of the stock market and the growth of stocks owned by billionaires. Bernar Arnault, the head of LVMH, continues to top the list, with his net worth growing by $47.8 billion or almost 30% since the beginning of the year. He maintains a significant lead over the other participants as the richest person on the planet.

The recovery of the stock market and the growth of stocks owned by billionaires have led to an increase in the net worth of the richest people on the planet. Bernar Arnault, the head of LVMH, earned the most. The list also includes Elon Musk, Jeff Bezos, Bill Gates, and others. The companies owned by billionaires continue to show successful results.

Elon Musk takes the second spot with a net worth of $180 billion. Since the beginning of the year, his company Tesla’s stocks have grown by 50.2% on NASDAQ with a market cap of $196 billion, allowing him to increase his net worth by $43.2 billion.

Jeff Bezos, the founder of Amazon, takes the third spot on the list with a net worth of $126 billion. Since the beginning of the year, his company’s stocks have grown by 22% on NASDAQ with a market cap of $193 billion. The list also includes Bill Gates, Warren Buffet, Larry Ellison, Steve Ballmer, Larry Page, Sergey Brin, and Francois Bettencourt Meyers.

The most successful companies on the list of the world’s richest people continue to be LVMH, Tesla, Amazon, Microsoft, Berkshire Hathaway, Oracle, Twitter, SpaceX, Alphabet, and L’Oreal. This year, all participants in the list were able to increase their net worth, indicating the recovery of the global economy after the crisis of 2022.