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Forbes 500, the list of the world's richest people, has announced the richest billionaires of 2024. Elon Musk, founder of major companies such as SpaceX, Twitter, and TESLA, retains the title of the world's richest person in 2024. Following Musk, the next names on the list are Bernard Arnault, the founder of the French brand LVMH, and Jeff Bezos, the owner of Amazon. There have been significant changes in the ranking of Turkish billionaires on the list. Last year's leader, Ibrahim Erdemoğlu, lost half of his fortune and gave up his leadership position. Due to the effects of exchange rate increases during the year, Turkish billionaires were not able to make it to the top 500 globally. Ibrahim Erdemoğlu, who held the title of Turkey's richest person in 2023 with a fortune of 5.3 billion dollars, lost a large part of his wealth this year and declined to 2.5 billion dollars, becoming the 5th richest person in Turkey. As the Chairman of Erdemoğlu Holding, his company includes brands such as Sasa Polyester, Merinos, Dinarsu, Padişah Halı, and Efsane Halı. While the vast majority of Turkish billionaires are based on production in Turkey, the exchange rate increases did not elevate these names to the top of the list. Murat Ülker, the 64-year-old Chairman of Yıldız Holding, became Turkey's richest person this year. With a fortune of 5.1 billion dollars, Murat Ülker ranks 572nd among the world's richest people, leading the list. Semahat Sevim Arsel, on the other hand, is quite far behind from the second place. Here are the top 10 richest people in Turkey and their fortunes: 10. Nihat Özdemir - 2 billion dollars 9. Ali Erdemoğlu - 2.2 billion dollars 8. Filiz Şahenk - 2.2 billion dollars 7. Faik Şahenk - 2.4 billion dollars 6. Erman Ilıcak - 2.4 billion dollars 5. İbrahim Erdemoğlu - 2.5 billion dollars 4. Mustafa Rahmi Koç - 2.6 billion dollars 3. İpek Kıraç - 2.8 billion dollars 2. Semahat Sevim Arsel - 2.9 billion dollars 1. Murat Ülker - 5.2 billion dollars