20 of the Richest Men and Women in the World: How They Built Their Fortunes

Yoan Valat/ Pool/ AFP Via Getty Images

The wealthiest individuals in the world wield enormous influence, shaping industries, driving innovation, and creating jobs. The stories of these individuals illustrate that wealth isn’t just about money—it’s about creating value, solving problems, and leaving a lasting impact. Here’s a deep dive into 20 of the richest men and women in the world, how they accumulated their fortunes, their current net worth, and lessons we can learn from their journeys.

Bernard Arnault & Family

Net Worth: $211 billion

Industry: Luxury Goods (LVMH)

How They Got There: Arnault transformed LVMH into the world’s largest luxury goods company, acquiring brands like Louis Vuitton, Christian Dior, and Tiffany & Co.

Insights: Visionary leadership and strategic acquisitions can create a global empire.

Yoan Valat/ Pool/ AFP Via Getty Images

Elon Musk

Net Worth: $190 billion

Industry: Technology, Space, Automotive (Tesla, SpaceX, Twitter)

How He Got There: Co-founding companies like PayPal and Tesla, Musk revolutionized the electric car industry and made private space exploration viable.

Insights: Pursue audacious goals and invest in groundbreaking technologies.

Allison Robbert/Pool/Reuters/File

Jeff Bezos

Net Worth: $160 billion

Industry: E-commerce, Media (Amazon)

How He Got There: Founded Amazon in a garage in 1994, scaling it into the world’s largest online retailer and cloud services provider.

Insights: Customer obsession and innovation drive long-term growth.

Clemens Bilan/EPA-EFE/REX/Shutterstock

Bill Gates

Net Worth: $114 billion

Industry: Software (Microsoft)

How He Got There: Co-founding Microsoft in 1975 and leading it to dominate the personal computing revolution.

Insights: Early entry into tech and a focus on scalability were critical.

Ben de la Cruz/NPR

Warren Buffett

Net Worth: $110 billion

Industry: Investments (Berkshire Hathaway)

How He Got There: Masterful investing in undervalued companies and a disciplined, long-term approach.

Insights: Patience, value investing, and compound growth are key.

The Asahi Shimbun/Getty Images

Larry Ellison

Net Worth: $112 billion

Industry: Technology (Oracle)

How He Got There: Co-founding Oracle and capitalizing on the rise of database management software.

Insights: Identify emerging technologies and become indispensable in your niche.

Getty Images

Larry Page

Net Worth: $111 billion

Industry: Internet (Google)

How He Got There: Co-founded Google, revolutionizing search engines and advertising.

Insights: Transformative ideas paired with strong execution can dominate industries.

Shutterstock

Sergey Brin

Net Worth: $107 billion

Industry: Internet (Google)

How He Got There: Co-founded Google with Larry Page, contributing to its innovations in AI and digital services.

Insights: Collaborative partnerships can amplify success.

David Paul Morris | Bloomberg | Getty Images

Mark Zuckerberg

Net Worth: $102 billion

Industry: Social Media (Meta/Facebook)

How He Got There: Created Facebook while at Harvard, building the largest social media platform globally.

Insights: Innovate continuously and adapt to changing user behaviors.

Josh Edelson/AFP/Getty Images

Steve Ballmer

Net Worth: $99 billion

Industry: Technology (Microsoft)

How He Got There: As CEO of Microsoft, he spearheaded its commercial software and hardware strategies.

Insights: Leadership roles in tech giants can yield immense rewards.

Jayne Kamin-Oncea/USA TODAY Sports/Reuters

Mukesh Ambani

Net Worth: $92 billion

Industry: Energy, Telecom (Reliance Industries)

How He Got There: Diversified Reliance Industries from petrochemicals to telecommunications and retail.

Insights: Diversification and innovation are crucial in dynamic economies.

SUJIT JAISWAL | Credit: AFP via Getty Images

Francoise Bettencourt Meyers & Family

Net Worth: $93 billion

Industry: Cosmetics (L’Oréal)

How She Got There: Inherited L’Oréal, the world’s largest cosmetics company, and expanded its global reach.

Insights: Family legacies can grow with thoughtful stewardship and modernization.

JEAN-PIERRE MULLER/AFP via Getty Images

Zhong Shanshan

Net Worth: $60 billion

Industry: Consumer Goods (Nongfu Spring, pharmaceuticals)

How He Got There: Built Nongfu Spring into China’s largest bottled water company.

Insights: Capitalizing on simple, high-demand products can create lasting wealth

Jiang Xin/ChinaImages/Sipa USA

Carlos Slim Helú & Family

Net Worth: $88 billion

Industry: Telecommunications (América Móvil)

How They Got There: Created a telecom monopoly in Latin America through strategic acquisitions.

Insights: Market dominance and efficiency create durable wealth.

Dia Dipasupil | Getty Images

Amancio Ortega

Net Worth: $76 billion

Industry: Fashion (Zara/Inditex)

How He Got There: Revolutionized fashion retail with fast-fashion brand Zara.

Insights: Innovation in supply chain management can redefine industries.

Xurxo Lobato | Getty Images

Michael Bloomberg

Net Worth: $94 billion

Industry: Media, Technology (Bloomberg LP)

How He Got There: Created Bloomberg LP, a financial data and media company.

Insights: Solving niche problems in finance can create immense value.

Getty Images

Jim Walton

Net Worth: $68 billion

Industry: Retail (Walmart)

How He Got There: Inherited a stake in Walmart, the world’s largest retailer, and contributed to its success.

Insights: Streamlined operations and cost leadership strategies are timeless.

photo by Wesley Hitt, Hitt Photography

Alice Walton

Net Worth: $69 billion

Industry: Retail (Walmart)

How She Got There: Inherited Walmart’s fortune and focused on philanthropy and the arts.

Insights: Building on family success through diversification and social contribution.

Photo by Ironside Photography / Stephen Ironside.

David Thomson & Family

Net Worth: $54 billion

Industry: Media (Thomson Reuters)

How They Got There: Expanded the family’s media empire into a global leader in news and information services.

Insights: Reinvention is key to staying relevant in the media industry.

springmag

Gautam Adani

Net Worth: $65 billion

Industry: Infrastructure, Energy

How He Got There: Built Adani Group into a conglomerate focusing on ports, power, and renewable energy.

Insights: Strategic investments in emerging markets can create enormous value.

britannica

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