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Home » Top 20 Richest People in the World in 2023

Top 20 Richest People in the World in 2023

Rukhsar Rehman by Rukhsar Rehman
May 12, 2026
in Infotainment
Reading Time: 2 mins read
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World’s Top 20 Richest People 

1.  Elon Musk - $809.9 Billion
2.  Larry Page -
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World’s Top 20 Richest People 🤑

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The Billionaire Club: A Look at the Wealthiest Individuals in 2025


Elon Musk Continues to Lead as the Richest Person Globally

Elon Musk, the CEO of Tesla and SpaceX, maintains his position at the top of the billionaire hierarchy with an astonishing net worth of $809.9 billion. His ventures into space exploration and electric vehicles have propelled him to new heights, exemplifying how innovation and entrepreneurship can generate unprecedented wealth. Musk dominates the global list, underscoring the significant impact of advancements in technology and clean energy.


Tech Titans Dominate the List

Larry Page and Sergey Brin

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Google founders Larry Page and Sergey Brin continue to enhance their fortunes, with net worths of $227.7 billion and $210.2 billion, respectively. Their pioneering efforts in the search engine industry have laid the foundation for Google’s dominance and vast profits. The pair remains pivotal in shaping the future of automation and artificial intelligence.

Mark Zuckerberg and Other Social Media Moguls

Meta’s (formerly Facebook) founder Mark Zuckerberg retains a substantial wealth position with a net worth of $180.8 billion. Alongside him are peers like Larry Ellison ($180.2 billion), and Steve Ballmer ($117.2 billion), whose investments and leadership in the tech industry remain crucial in defining their financial status.


The Shift Toward Diverse Wealth Sources

Prominent Entrepreneurs and Innovators

Michael Dell, with a net worth of $144.2 billion, continues to influence the tech hardware landscape with Dell Technologies, while Jensen Huang, CEO of NVIDIA, has grown his wealth to $145.3 billion through advances in graphics processing technology. Their success highlights the expanding horizons of tech-centered wealth creation.

Luxury and Fashion Powerhouses

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Bernard Arnault & Family, controlling luxury giant LVMH, hold a net worth of $141.9 billion, exemplifying the influence of the luxury goods industry on personal wealth. Similarly, Amancio Ortega, founder of Zara, has amassed $129.4 billion, cementing fashion retail as a significant wealth generator.


Family Dynasties and Investment Giants

Waltons and Buffett

The Walton family, heirs to the Walmart empire, collectively hold around $410 billion, with Rob Walton ($141.4 billion), Jim Walton ($138.7 billion), and Alice Walton ($129.6 billion). Warren Buffett continues to exemplify investment mastery, valued at $138.9 billion, demonstrating how strategic investments can sustain immense wealth over decades.

Mexican Business Mogul

Carlos Slim Helu & Family hold sway in telecommunications with a net worth of $118.6 billion, underscoring the persistent power of infrastructure and communication industries in Latin America.


International Power Players

Changpeng Zhao and Mukesh Ambani

Cryptocurrency entrepreneur Changpeng Zhao (CZ), founder of Binance, boasts a wealth of $110.7 billion, reflecting the rapid rise of digital assets. Meanwhile, Indian billionaire Mukesh Ambani’s $93.2 billion fortune underscores the expanding economic influence of India’s diverse business landscape.


The Impact of Innovation on Wealth Accumulation

From Tech to Traditional Industries

The 2025 list starkly illustrates that technology continues to be the primary driver of extreme wealth. However, traditional industries like fashion, retail, finance, and telecommunications still produce some of the wealthiest individuals worldwide. This diversification showcases the dynamic nature of global wealth and how evolving markets can rapidly reshape financial hierarchies.


The Future of Wealth

With continued advancements in artificial intelligence, space exploration, renewable energy, and digital currencies, the list of the world’s wealthiest is poised for further changes. Future billionaires are likely to emerge from emerging sectors, especially as technology intertwines even more deeply with daily life.

The richest people’s list remains a testament not just to individual achievement but also to the shifting global economy—a reflection of innovation, strategic investments, and entrepreneurial risk-taking shaping the future of wealth.


Source: Forbes via Boardroom

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Rukhsar Rehman

Rukhsar Rehman

A University of California alumna with a background in mass communication, she now resides in Singapore and covers tech with a global perspective.

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