Driving Blog

Between December 1, 2023 and January 1, 2024 Page’s fortune rose by about $5.5 billion as Alphabet shares climbed nearly 6%. Larry Ellison cofounded software firm Oracle in 1977 and ran it as CEO until 2014; he now serves as chairman and Chief Technology Officer of the company. Over the years Oracle has made a series of large acquisitions, including buying Sun Microsystems in 2010 for $7.4 billion.

The creator economy is growing fast—and growing up.

The U.S. appears to be making some headway in improving workers’ wages. In the third quarter of 2023, weekly wages rose 4.5% compared to the same time the year before, while inflation only rose 3.5%, according to the Bureau of Labor Statistics’ latest available data. An S&P 500 CEO earns 272 times more than the average worker, according to a separate report from labor union AFL-CIO. “These extremes cannot be accepted as the new norm, the world can’t afford another decade of division,” Oxfam interim CEO Aleema Shivji said in a statement accompanying the report.

#9 Steve Ballmer

Cooper has also signed a brand partnership with Kim Kardashian’s Skims and Jimmy Choo. This summer, she jumped to mainstream media as an NBC host at the Paris Olympic games. The 50 honorees of the 2024 Forbes Top Creator list are riding the growth of the creator ecosystem (now estimated to be nearly 50 million people strong). This year’s listers earned almost $720 million over the last 12 months—a jump of $20 million from 2023.

Carlos Slim Helu & family

Page moves into No. 6 richest spot this month, up from No. 7 in early October, buoyed by an uptick in Alphabet shares following a strong third-quarter earnings report. Bernard Arnault, CEO and chairman of luxury https://tech01.us/page/34/ goods group LVMH, maintains his No. 5 rank despite a 13% contraction in his fortune this past month, a $26.2 billion drop. In mid-October the company reported quarterly earnings, which were depressed by ongoing weak demand in China. In the past month, Musk’s fortune fell by $6.7 billion as Tesla shares sagged 4%. Dell, 59, also recently saw his wealth crest the $100 billion mark after demand for AI-related equipment boosted Dell Technologies’ share price to record highs.

million people have stopped buying luxury brands like Dior and Burberry after ‘broken promises’ to customers

Here are the 10 richest people on Earth as of January 1, 2024 at 12 a.m. Page was among early investors in Planetary Resources, a space exploration and asteroid-mining company. Established in 2009, the company was acquired by blockchain firm ConsenSys in 2018 amid funding problems. He has also shown an interest in flying car companies, investing in both Kitty Hawk and Opener, although Kitty Hawk ceased operations in 2022. Oracle is the world’s second-largest software company, providing a wide variety of cloud computing programs as well as Java and Linux code and the Oracle Exadata computing platform.

He studied political science and economics at Ohio University, and can be reached at cpeterson- or Forbes reporters follow company ethical guidelines that ensure the highest quality. The global strife of the COVID-19 pandemic became another flashpoint for debate about income inequality. During that time period, many were stuck at home or faced unemployment as a result of the ensuing economic downturn, but others were enriching themselves at previously unprecedented levels.

As of November 1, 2024, the richest person in the world is Tesla and SpaceX CEO Elon Musk. He moved into the number one spot in late May 2024, overtaking Bernard Arnault of France. Here are the 10 richest people on Earth as of November 1, 2024 at 12 a.m. Stock prices fluctuate routinely, so these net worths may change on a daily basis.

• Mark Zuckerberg first developed Facebook (now Meta) alongside fellow students Eduardo Saverin, Dustin Moskovitz, and Chris Hughes while attending Harvard University in 2004.
• The French businessman has served as CEO of LVMH Moët Hennessy Louis Vuitton, the world’s largest luxury group, since becoming the majority shareholder in 1989.
• Page’s fortune rose by $7.4 billion in June as Alphabet shares advanced.
• Amancio Ortega of Spain had the third-largest drop, down $5.4 billion for the month.
• Their videos of pranks, challenges, and vlogs (like I Built a Secret McDonald’s In My Room! and Extreme Camaflouge Hide And Seek) regularly attract more than 40M views.
• Shares of Inditex, the clothing retailer Ortega founded (known for its Zara brand), fell about 2% in the past month.

Larry Page

• He cofounded Google with Larry Page in 1998 after the two met at Stanford University while studying for advanced degrees in computer science.
• There are 2,668 of them on Forbes’ 36th-annual ranking of the planet’s richest people—87 fewer than a year ago.
• He now ranks ahead of Bill Gates, who for years was the world’s richest person.
• Meanwhile, her haircare brand Divi offers serums, shampoos, and conditioners to combat hair loss.
• Forbes tracks the daily changes on our Real Time list of billionaires.

Oxfam timed its report to the gathering of political and business elites in Davos, Switzerland, where the World Economic Forum meets annually. Numerous billionaires and multimillionaires also penned a letter calling on global leaders to fairly tax the super rich like themselves. Musk, Arnault, Bezos, Ellison and Buffett were not among the signatories — although Buffett has famously criticized the wealthy’s lower tax rates and previously advocated for policy change in the same vein. 9/10 of the richest people in the world are Americans, including Jeff Bezos, Larry Ellison and Bill Gates. Bernard Arnault fell to No. 2 richest in early June 2023 and has remained at that rank. He was the richest person in the world for the first five months of 2023.

That includes $5.3 billion in June, which helped knock him down in the ranks to No. 10 for the first time in years. Zuckerberg rejoined the world’s top 10 richest in the summer of 2023 for the first time since January 2022, as the result of a rise in Meta’s stock. During the month of June, his fortune rose by $13 billion as Meta stock climbed 8%. To measure this jump, Oxfam pulled net worths from Forbes’ real-time billionaires list as https://wikigrib.ru/raspoznavaniye-gribov-89537/ of March 2020 and the end of November 2023. Such lists fluctuate over time and even within hours — so while Buffett, for example, was the 5th richest person in November, he stood in 7th place per Forbes’ Wednesday rankings.

The Dallas native began posting on YouTube in 2012 and now has over 3 million followers across her accounts. Meanwhile, her haircare brand Divi offers serums, shampoos, and conditioners to combat hair loss. Known as the “Oracle of Omaha,” Warren Buffett is one of the most successful investors of all time. He runs investing conglomerate Berkshire Hathaway, which owns dozens of companies, including insurer Geico, battery maker Duracell and restaurant chain Dairy Queen. The son of a U.S. congressman, he first bought stock at age 11 and first filed taxes at age 13.

Warren Buffett: $109 billion (+$21 billion)

An uptick in Inditex shares in September landed Ortega back among the top ten richest for the first time in years. In http://www.music4life.ru/topic/19312-schodt-wild-at-heart/ the past month, he fell from No. 8 to No. 9 as shares of Inditex declined; his fortune shrank by an estimated $5.4 billion. After dropping in the Forbes ranking, Musk became the world’s richest person again on June 8, 2023 and held onto the number one spot for the remainder of 2023. Musk’s fortune rose by about $6 billion in December, lifted by a 4% rise in the price of Tesla shares. Brin cofounded search engine Google with fellow Stanford computer science PhD candidate Larry Page.