Who Are the World’s Richest People at the End of 2023?

Bianco Research  •  Charts of the Week  •  January 5, 2024

When thinking of the world’s richest people, Elon Musk and Jeff Bezos are often easily named. Due to the high demand for luxury products during the pandemic, Bernard Arnault added over $60B to his net worth since 2020, slotting him in at #3. Bill Gates, who has given away a large portion of his net worth to various philanthropic endeavors through the years, sits at #4.
Gautam Adani’s rise during the pandemic had been quite remarkable. Since the end of 2020, his net worth has increased by almost $80 billion by early 2023. His company, Adani Enterprises, largely focuses on mining iron ore and coal but has diversified to many different interests. In January of 2023 however, he saw a massive decline in his net worth as Adani stock took a nose dive from a short seller report.