Ranked: The Top 10 Richest People in the world.

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The top 10 richest people on the planet have a combined net worth of $1.4 trillion. For some context, that’s roughly the same size as Australia’s GDP.

Who are these ultra-wealthy individuals, and what’s the source of their wealth? Here’s a look at the top 10 richest people on the planet, and how they’ve made their billions.

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Elon Musk is currently the richest of them all, with a total net worth of $198 billion. That’s $60 billion more than the entire group’s average of $138 billion.

RankNameTotal Net WorthCountryIndustrySource of Wealth
1Elon Musk$198 BU.S.TechnologyTesla, Space X
2Jeff Bezos$194 BU.S.TechnologyAmazon
3Bernard Arnault$157 BFranceConsumerLVMH
4Bill Gates$149 BU.S.TechnologyMicrosoft
5Mark Zuckerberg$132 BU.S.TechnologyFacebook
6Larry Page$124 BU.S.TechnologyGoogle
7Sergey Brin$119 BU.S.TechnologyGoogle
8Steve Ballmer$105 BU.S.TechnologyMicrosoft
9Larry Ellison$100 BU.S.TechnologyOracle
10Warren Buffett$100 BU.S.DiversifiedBerkshire Hathaway

This is fairly unsurprising considering how well Tesla stock has been performing over recent years. While many skeptics expect the Tesla bubble to burst eventually—including famous investor Michael Burry—so far, the car company’s value has continued to surge.

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With a current market cap of $768 billion, Tesla’s worth more than the next six largest car manufacturers combined.

Musk took the top spot from Jeff Bezos, who just a few months ago, held the title as the world’s richest person. However, it’s worth noting that things could change at the drop of a hat, since the pair are constantly neck and neck.

Third on the list is Bernard Arnault, CEO of the luxury brand conglomerate Louis Vuitton Moët Hennessy (LVMH), which owns Louis Vuitton, Dior, Fendi, Loro Piana, and Bulgari. Arnault is the wealthiest person in Europe, and actually even became the wealthiest in the world for a brief stint in May.

The Money’s in Tech (and in the U.S.)

When looking at this ranking, there are two obvious trends:

  1. Most of these billionaires are in the tech industry, apart from Bernard Arnault and Warren Buffett
  2. All are men located America, with the exception of Arnault
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Considering America’s tech sector is only expected to grow in the coming years, it’s likely that American tech billionaires will continue their reign for the foreseeable future.

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