Elon Musk tops Forbes billionaires list, wealth hits record high

Despite the recent market decline, he remains the first person to surpass $300 billion in wealth.

According to the latest Forbes ranking, there are 3,028 billionaires in the world, the highest number since the list began in 1987. The combined fortune of these people is an unprecedented $16.1 trillion.

Following Musk, the top five billionaires on the list included:

• Mark Zuckerberg, Meta — $216 billion;
• Jeff Bezos, Amazon — $215 billion;
• Larry Ellison, Oracle — $192 billion;
• French businessman Bernard Arnault and his family — $178.

US President Donald Trump has also seen his fortune increase dramatically, more than doubling to $5.1 billion. This growth was driven by shares in his Trump Media & Technology Group and profits from recent cryptocurrency ventures.

In 2024, the fortunes of the 500 richest people in the world exceeded $10 trillion: this amount is equal to the GDP of Germany, Japan and Australia combined for the past year

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In 2024, the fortunes of the 500 richest people in the world exceeded $10 trillion: this amount is equal to the GDP of Germany, Japan and Australia combined for the past year

The founder of ByteDance, the company that owns TikTok, has become China's richest person. The founders of Tencent and Temu are also in the top of the richest

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The founder of ByteDance, the company that owns TikTok, has become China's richest person. The founders of Tencent and Temu are also in the top of the richest

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