Forbes magazine has announced its annual World’s Billionaires list - billed as being "the definitive ranking of the world’s richest people".
In 2024 there are a record 2,781 billionaires - that's 26 more than the previous record set in 2021 and 141 more than 2023.
It's been a great 12 months for the majority of the fabulously wealthy, with the top 20 adding a combined $700 billion to their fortunes.
Famous faces making their first appearance in the list include fashion designer Christian Louboutin ($1.2 billion), NBA legend Magic Johnson ($1.2 billon), TV producer Dick Wolf ($1.2 billion) and pop star Taylor Swift ($1.1 billion).
Here are the 11 richest people in the world in 2024 according to the experts at Forbes.
5. Larry Ellison
The top five is completed by Oracle’s Larry Ellison, worth an estimated $141 billion. The software guru owns 98 per cent of Lānaʻi, the sixth-largest island in Hawaii. | Getty Images
6. Warren Buffett
93-year-old Warren Buffett is the co-founder, chairman and CEO of Berkshire Hathaway and has become one of the best-known investors in the world. As a result of his success backing the right companies at the right time he's worth an estimated $133 billion. | AFP via Getty Images
7. Bill Gates
Computer pioneer Bill Gates made his money by founding Microsoft. Despite giving large amounts away through the Bill & Melinda Gates Foundation, reported to be the world's largest private charity, he is still worth an estimated $128 billion. | Getty Images
8. Steve Ballmer
Another Microsoft billionare, Steve Ballmer ran the computer company from 2000-2014. The LA Clippers basketball team owner has a net worth of around $121 billion. | Getty Images