The $100 Billion Club: Richest People With The 12-Figure Fortunes, 2024
The Centillionaires Club includes ultra-wealthy individuals like Bernard Arnault and Warren Buffett, who have fortunes exceeding $100 billion. This group holds almost a quarter of the world’s 500 wealthiest individuals. The first centibillionaire, Bill Gates, emerged during the dot-com bubble when his Microsoft shares briefly pushed his net worth beyond 11 figures in 1999. However, the crash caused his net worth to almost halve.
For almost two decades, no one else came close to reaching this milestone, even as markets soared before and after the Great Recession. It wasn’t until late 2017 that Jeff Bezos became the second $100 billionaire when Amazon’s market capitalization neared $1 trillion. It took until 2021 for the $100 Billion Club to expand beyond Bezos when Elon Musk, Bernard Arnault, and Bill Gates achieved this feat.
When comparing them, the global 1 percent consists of approximately 80 million people, while the global 0.1 percent still includes 8 million individuals. This makes the $100 billion club equivalent to the global 0.000001 percent. The index is mainly influenced by the stock market valuations of the billionaires’ companies, where the large majority of their wealth is tied up.
The $100 Billion Club
| Rank | Name | Net Worth (USD billions) |
|---|---|---|
| 1 | Elon Musk | $396.8 B |
| 2 | Mark Zuckerberg | $242.9 B |
| 3 | Jeff Bezos | $240.1 B |
| 4 | Larry Ellison | $224.0 B |
| 5 | Bernard Arnault & family | $186.4 B |
| 6 | Larry Page | $153.2 B |
| 7 | Warren Buffet | $151.0 B |
| 8 | Sergey Brin | $146.3 B |
| 9 | Amancio Ortega | $125.6 B |
| 10 | Steve Ballmer | $122.8 B |
| 11 | Rob Walton & family | $121.7 B |
| 12 | Jensen Huang | $121.5 B |
| 13 | Jim Walton & family | $120.4 B |
| 14 | Michael Dell | $117.1 B |
| 15 | Alice Walton | $112.4 B |
| 16 | Bill Gates | $109.5 B |
| 17 | Michael Bloomberg | $104.7 B |
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