Real Time Billionaires List August 2024

Real Time Billionaires 2024

The richest person does not come by birth, but it is their hard work, determination and willpower that makes them fall into the list. To gain the desired wealth, you have to be constant and hold a positive mindset.

Since there are a wide range of industries that we look upon and even make use of in our daily lives. Each one of those is started by some or the other individual (which earlier was a common man). But with constant approaches, strategies, goals and plans, they made themselves to be flourished.

However, there are several Real Time billionaires 2024 we could say who have made themselves rank on top. But do you know how they make themselves fall into the list?

It is all about their net worth that is calculated. Based on the one they get listed in the top magazines/newspaper. Usually, net worth is the common measure of wealth. It is mainly determined by taking the total market value (contributing the physical and the intangible asset)- which is owned by subtracting all debts.

This way the entire list is assembled and we come across who falls in which position along with their net worth. In the same manner, we have summed up the list which will help you to define the Real Time Billionaires 2024.

If you are curious and wanted to uncover them all then stay with us.

List of Top Real Time billionaires 2024

All of the Real-Time billionaires we will mention below have come up based on their:

• Reported assets
• Accounting for debt and other considerations.

However, the net worth is listed in dollars along with their ranking. Additionally, their total net worth is listed get down many shortlisting, after a complete examination of their revenue, land, debts and more. Therefore, we have combined the complete to help you determine everything about them. Find below them all to determine more about the Real Time billionaires 2024. 

• Elon Musk

Net worth- $239.3B

Elon Musk who was born in Pretoria, South Africa, is one of the wealthiest people in the world or Real Time billionaires in 2024. He co-founded nearly 6 companies.

• He is one of the top business magnates and even an investor.

• Founder/chairman/CEO of SpaceX; Tesla, angel investor, owner and CEO of Twitter (which is now known as X). Since the main aim of Tesla has been to accelerate the world’s transition to sustainable energy.
• The first Tesla product was the Roadster sports car (that debuted in 2008).
• Further, he ranked no 1 in the list of Forbes Real Time billionaires.
• He is known to own around 25% of Tesla stocks and even options
• Later on, he even got associated with SpaceX which was founded in 2002. In this manner Elon Musk came into the first position of Real-Time billionaires and 2nd position in the Forbes 400 list.
• Elon Musk made around $178.5 at the time PayPal was sold to eBay (2002). There in he was listed in Forbes and then, he was having a net worth of $2 billion.
• At the start of 2020, the net worth of him stated around $27 billion. But at the end of the year, it increased to $150 billion. At this point, it was reported that Elon’s net worth was volatile- there were fluctuations, but today he is one of the Real-Time billionaires.

Elon Musk personal details

• Age: 51 
• Source of income: Tesla, SpaceX
• Citizenship: USA
• Self made score: 8

• Bernard Arnault & family

Net worth- $220.5B

After Elon Musk Bernard Arnault & family is one of those to fall at the second position. He is a French business person, investor and art collector. He is known to overlook LVMH’s empire (of 70 cosmetics- fashion branding). This is majorly Sephora and Louis Vuitton.

• He began his career in the year 1971 and later served to be the president. In July 1988, he provided around $1.6 billion to form a holding company with Guinness (which holds around 24% of the shares).
• LVMH paid around $3.2 billion for Belmond which is a luxury hospitality group.
• According to Forbes, he is counted among the top richest person in the world (2024).
• He began his career in 1971 (Ferret-Savinel), therein he was president from 1978 to 1984.
• If you are constantly looking to which number Bernard comes into the richest person then he is on 2nd position.
• Involved in multiple jobs, and ventures, he later on worked hard towards LVMH to bring his thought and skills to become a billionaire.

Bernard Arnault & family personal details

• Age: 73
• Source of income: LVMH
• Citizenship: Paris, France

• Jeff Bezos

Net worth- $150.8B

Jeff Bezos is one of the popular richest people of 2024. Determined to be the CEO of the e-commerce website Amazon. We all know about this popular e-commerce website that has everything from right to finish.

• He founded the site in 1994 (this was out of his garage in Seattle). Later on, he stepped in to become the chairman of Amazon.
• Jeff is known as an American business magnate, media proprietor, and investor. He is the third wealthiest person in the world 
• His company began as an online bookstore and later on, expanded to a variety of products. Currently, we can find nearly all possible things related to different categories online and at ease.
• He was offered jobs from many reputed companies like Intel, bell labs, and many others. But at first, he worked with Fitel which was the fintech telecommunication startup.
• Later on, he started working towards his business skills to grow his venture.

Jeff Bezos personal details

• Age: 58
• Self-made score: 8 
• Source of income: Amazon
• Citizenship:  Seattle, Washington

• Gautam Adani & family

Net worth- $54.7B

One of the real-time billionaires in India is Gautam Adani & family. He is known to control one of the largest airports known Mundra port in Gujarat. Further, you can also define him to be an infrastructure tycoon whose around $13 billion in revenue is spent on power generation, commodities, real estate and transmission.

• In addition, Adani is known to be very close to the Prime minister and even to the ruling Bhartiya Janta party.
• As per the report it was stated that Adani in 2020 received around 74% of the share in Mumbai Airport- the second busiest international airport in India.
• On the other hand, he is also one of the biggest operators at the airport.
• Adani’s main aim is to become the world’s largest producer of green energy. He even has a wish to donate around $ 70 billion to energy-related products.
• We all know the fact that running a business requires determination and overcoming challenges. Yet Gautam Adani made himself walk along these. This made him to be of the top richest businessperson.

Gautam Adani & family personal details

• Age: 60
• Self-made score: 8 
• Source of income: infrastructure commodities, self made
• Citizenship:  Ahmedabad, India

• Bill Gates

Net worth- $118.8B

Bill Gates is a well-known American business person, considered to be an investor and even philanthropist. He is in the fifth position of real-time billionaires in 2024.

• He came into the list of billionaires from his popular software Microsoft and even invested diversely in zero-carbon energy.
• Founded Microsoft in Albuquerque, New Mexico (which later become the largest software company).
• Right from 1995 to 2017, he held on the list of Forbes richest person continuously – expect from year 2010 to 2013.
• Bill Gates along with his co-founder named as Paul Allen in the year 1975 owns only 1% of the company share.
• Along with his business, he also directed himself towards many other businesses and philanthropic activities.

Bill Gates personal details 

• Age: 66
• Self-made score: 8 
• Source of income: Microsoft 
• Citizenship:  Medina, Washington

• Larry Ellison

Net worth-  $146.4B

Larry Ellison an American business magnate, the investor is also on the list of Real Time Billionaires 2024. He is the co-founder, executive chairman and CEO of American computer technology company Oracle Corporation.

• As of June 2024, he is the wealthiest person which is determined by Bloomberg Billionaires Index.
• But later in 2014, he left the role of CEO (Oracle).
• Larry, later on, shifted permanently to the Hawaiian island Lanai (which he bought for $300 million).
• Further, Larry did purchase 3 million Tesla shares and joined its board (nearly in 2018).
• Every entrepreneur had their journey and so was the case with Larry. He witnessed or undergo many ups and down but later with his talent, he succeeded to be a part of a great business.
• While working at Ampex, he later on become influenced by Edgar F. Codd’s (where the research on relational database design at IBM was made).
• Later on with his extensive skills, he become the richest person in the world. This was all due to his learning, strategies and the mentorship he went under.

Larry Ellison personal details

• • Age: 77
  • Self-made score: 9
  • Source of income: Software/self made

• Citizenship:  United States

• Warren Buffett

Net worth-  $115.7B

Warren Buffet is also an American business magnate and known as the “Oracle of Omaha,”. A well-known chairman and CEO of Berkshire Hathaway. Due to its immense success, he is one of the known fundamental investors in the world.

• Considering June 2024 he was counted into the richest business person list.
• At the early age of 11, he even bought stock and even filed taxes at 13h.
• He is a U.S. congressman’s son who aimed to contribute around 99% of his wealth- to kids and the Gates Foundation. This was the major reason he was also known as a philanthropist.
• Buffet also presided as the chairman and the largest shareholder of Berkshire Hathaway (American’s foremost holding company).
• It was determined that he created buffet partnership limited in 1956. Later his firm eventually acquired a textile manufacturing firm.
• Buffett at an early age started investing in the business, because he was keenly interested in businesses journey and investments.

Warren Buffet personal details

• Age: 91
• Self-made score: 8
• Source of income: Berkshire Hathaway, Self Made
• Citizenship:  United States

• Mukesh Ambani

Net worth-  $99.0B

Mukesh Ambani is known as one of the billionaires of India, and a well-known chairman of Reliance Industries. It is determined to be one of the renowned companies by market value.

• He is the richest person in Asia and the 13th richest person in the world. Sometimes he is also characterized as a plutocrat (as he is attracted towards fame and notoriety) for market manipulation, political exploitation, cronyism, and exploitation.
• His company Reliance Industries is aiming to invest around $80 billion in renewable energy (nearly in 10-15 years).
• Reliance is flashed as the telecom war (in terms of price) with the launch of the 4G phone + broadband service in 2016.
• We all are aware of what reliance industries serve, where Mukesh Ambani started to work along with his father to run their family business.
• This was in 1981, when the industry was already expanded (where it dealt with refining and petroleum).
• Further, his business also included some products/services -retail and telecommunication.

Mukesh Ambani personal details

• Age: 65
• Self-made score: 8
• Source of income: Diversified 
• Citizenship:  India

• Steve Ballmer

Net worth-  $103.1B

Steve Ballmer is listed as the 8th Real-Time Billionaires 2024- an American billionaire businessman. But he is also one of the renowned investors who served as CEO of Microsoft (2000-2014).

He is the owner of the National Basketball Association (NBA).

• As stated by, Bloomberg Billionaires Index he is the wealthiest person of 2024.
• Ballmer was hired by Bill Gates at Microsoft in 1980 (where he left the MBA program at Standford University).
• Late on he became the president in 1998- where he replaced Gates as CEO. His tenure and legacy (being the Microsoft) CEO was mixed inception.
• In his 20 years of hire, Baller headed tons of Microsoft divisions (that includes operations, operating system, development, sales and support).
• He was known as one of the energetic personalities who become a part of motivation to employees and partners.
• If you are finding the top billionaire in 2024, then he is one of those to fall into the category.

Steve Ballmer personal details

• Age: 66
• Self-made score: 6
• Source of income: Microsoft, Self-Made
• Citizenship:  Unites States

• Michael Bloomberg

Net worth- $94.5B

Michael Bloomberg philanthropist, author and businessman who is listed as the Forbes real-time billionaire of 2024. He is the owner and co-founder of Bloomberg L.P. Later on he also served as the mayor (New York City).

• Co-founded financial information and media company in 1981.
• In the initial days he put forth the seed funding and at present he owns nearly 88% of the business.
• Further, he also donated more than $12.7 billion to gun control, climate change and even to other causes. To this, he is listed as the top billionaire in 2024.
• Bloomberg was elected one of the 108th majors of New York City (2001). He later held the office for around 3 consecutive terms, by winning the re-election (2005 and 2009).
• As the major of New York, further established public charter schools, taken certain public health initiatives, rebuilt urban infrastructure and more.
• Later, Bloomberg becomes an Eagle Scout (at the age of 12).

Michael Bloomberg personal details

• Age: 80
• Self-made score: 8
• Source of income: Bloomberg LP, Self-Made
• Citizenship:  Unites States

All of the above-listed business persons have made themselves to be listed in the Real-Time Billionaires 2024. They had different skills, and knowledge to shape their venture and this has made them to be listed on top.

However, the entire report comes from Forbes who hire 50 correspondents to keep an eye on this businessperson. This means their activities, organization and even families. This makes them prepare a complete list of them.

But how do they shortlist those? Well, this does have criteria. Correspondents who shortlist the individuals are issued a preliminary questionnaire. Now the next step is where the business transactions are being investigated.

On the other hand, the valuation of their land, residence, vehicles, and even artwork. Once everything is determined they are proceeded towards the final list preparation.

How does Bloomberg calculate real-time billionaires?

Taking about the calculation that Bloomberg make is dependent upon the billionaire index. This is done by calculating the daily ranking of the prosperous people.

Further, this particular index is determined to be the dynamic measure of an individual. Their wealth is based on the evaluation of the market, economy and Bloomberg reporting.

This way the entire comes out and directs the real-time billionaire of the respective year.

We have concluded all of the top 10 real-time billionaires who have made themselves listed at the top. They are depicted by the annual ranking and also calculation done by net worth. Perhaps the real-time billionaire list is published every year in March. We keep an eye on all of those to bring you the desired information to help you sharpen your knowledge and to know more about the real-time billionaire and their businesses.