Which Chicago resident is the richest in Illinois, according to Forbes’ list of the wealthiest people in each state?

top 5 richest people

Together they are worth a combined $1.54 trillion—$50 billion less than a month ago. The interactive table below shows the wealthiest person in each state, their state of residence, their estimated worth in billions, and their estimated net worth Forbes listed in 2023 (if applicable). (NEXSTAR) — Lukas Walton, a Chicago resident and grandson of Walmart founder Sam Walton, is the richest person in Illinois, at least according to Forbes magazine’s latest report on the richest people in every state. Page’s fellow Google founder Sergey Brin also left his position at Alphabet (as president) in late 2019 and continues to hold shares and serve on the board.

top 5 richest people

Vicky Safra & family

But three states don’t have any billionaires listing them as their primary residence. As of December, nearly 800 billionaires lived in the US, according to a report by investment-migration consultancy Henley & Partners. Take CNBC’s new online course How to Ace Your Job Interview to learn what hiring managers are Navigating Financial Growth: Leveraging Bookkeeping and Accounting Services for Startups really looking for, body language techniques, what to say and not to say, and the best way to talk about pay. While employers did boost wages for some of the lowest-paid workers in the pandemic recovery, “their overall wealth share in the country actually decreased, as the rich became much richer,” Murray says.

Gautam Adani and Family

An S&P 500 CEO earns 272 times more than the average worker, according to a separate report from labor union AFL-CIO. China has 473 billionaires and India has 200, which set a record for that country. Next time you Google anything, remember Page, who is one of its co-founders.

#31 Rodolphe Saadé & family

His net worth is now more than $50 billion above Arnault’s after a global slowdown in demand for luxury goods dented shares of LVMH Moet Hennessy Louis Vuitton SE. Canada’s richest person added another $5.2 billion to his fortune in 2022 as his 68% stake in the conglomerate Thomson Reuters jumped 17%. The Toronto based company, which Thomson chairs, has been supplementing its core news and information business with AI investments like SurePrep, an automated tax software company it acquired in January for $500 million.

top 5 richest people

There are 141 more billionaires in the world than last year, with 2,781 in total. Their combined worth equals $14.2 trillion — up by $2 trillion in 2023. Forbes has released its annual list of the world’s billionaires https://financeinquirer.com/navigating-financial-growth-leveraging-bookkeeping-and-accounting-services-for-startups/ and in 2024, there are more people on the list than ever — and they’re richer than ever. Larry Ellison currently has a personal fortune of $134.9 billion, according to Forbes, down from $145.5 in November 2023.

top 5 richest people

Zuckerberg owns a 13% stake in Meta — the parent company of Facebook and Instagram of which he is CEO — which has grown in value by more than 20% this year. The Google co-founder added $47 billion to his fortune thanks to the strong performance of Alphabet in 2021, which surpassed the $2 trillion market cap in November and was recently crowned Big Tech stock of the year by CNBC. Despite giving away tens of billions of dollars over the past few decades, Gates’ wealth continues to grow, thanks in part to the strong performance of shares of Microsoft, the company he co-founded and still owns about 1% of. Page cofounded search engine Google with fellow Stanford PhD student Sergey Brin in 1998 and served as CEO until 2001 and from 2011 to 2015. He now serves as a board member of Google’s parent Alphabet and continues to be a controlling shareholder.

Mark Zuckerberg

  • Ma Huateng is the co-founder and chairman of Chinese technology investment company Tencent Holdings.
  • The Tesla Inc. chief executive officer netted an additional $95.4 billion through Thursday’s close, bolstered by the success of Tesla and SpaceX, after losing $138 billion in 2022.
  • Earlier this year, Arnault nominated two of his sons—Alexandre, 31, and Frédéric, 29—to the board of LVMH.
  • Forbes’ real-time billionaires list confirms Arnault’s ongoing reign at the top, a position he has held since February 2024, closely trailed by Elon Musk, the visionary behind Tesla.

And the U.S. has a record 813 billionaires — the most of any country. The 2024 list also broke records set in 2021, with 26 more billionaires on the list and their combined net worth up by $1.1 trillion. Here’s a look at the wealth of these five billionaires spotlighted this week, and where their fortunes stand today. The Tesla co-founder, who this year changed his title from CEO to “Technoking of Tesla” in a March regulatory filing, has enjoyed a massive wealth increase thanks to the rapid growth of his electric automaker. Tesla shares are up about 60% this year, and the company hit a $1 trillion market cap for the first time in October. Brin cofounded search engine Google with fellow Stanford computer scient PhD candidate Larry Page.

top 5 richest people

Bernard Arnault & family (France)

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