NYC's Richest Person Is Also One Of The World's Wealthiest: Forbes

NEW YORK CITY, NY — Billionaire Michael Bloomberg has once again been named the wealthiest person in New York City — and one of the richest in the world — in 2024, according to The Forbes 400, an annual ranking of America’s super-rich.

Globally, there are now more billionaires than ever — 2,781 in all, 141 more than last year, and 26 more than the record set in 2021 — and they're richer than ever, according to Forbes.

Much of the gain comes from the United States, "which now boasts a record 813 billionaires worth a combined $5.7 trillion," the outlet added.

Forbes said its net worth calculations use stock prices from March 8.

Bloomberg, 82, who cofounded financial information and media company Bloomberg LP in 1981, now has an estimated net worth of $106 billion.

That's up from his Oct. 2023 net worth of $96.3 billion, though back then Bloomberg was the 10th richest person in America. Now he comes in at No. 12 both nationally and globally on Forbes' list.

Bernard Arnault and family topped the global list of 400 with a net worth of $233 billion. Arnault oversees the LVMH empire of 75 fashion and cosmetics brands, including Louis Vuitton and Sephora.

For the second and third spot, Tesla and SpaceX founder Elon Musk — owner of the social media platform X — and Amazon founder Jeff Bezos are neck and neck, with Musk at $195 billion and Bezos at $194 billion. In fourth is Facebook CEO Mark Zuckerberg at $177 billion, then in fifth is Oracle software development company founder Larry Ellison at $141 billion.