The evolving who are the 5 richest people in the world wealth landscape has seen the collective fortunes of the world’s 500 richest individuals soar, reaching a remarkable milestone. Ballmer’s fortune dropped by an estimated $1.5 billion in the past month amid a slight dip in Microsoft shares. Ballmer and his wife Connie are among the 25 most generous philanthropists in America. Gates’ fortune rose by an estimated $6.3 billion during August, enough to move him ahead up two spots to No. 7 richest.
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Musk became the world’s richest person again in late May 2024, after his startup xAI raised $6 billion from private investors at a $24 billion valuation. For the second month in a row, gyrating tech stocks rearranged the ranking of more than half of the world’s ten richest people. Zuckerberg rejoined the world’s top 10 richest earlier this summer for the first time since January 2022, as the result of a rise in the price of Meta’s stock. During the month of online bookkeeping September, his fortune rose by an estimated $1.6 billion and he moved from No. 9 to No. 8 richest.
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Today, their wealth is primarily concentrated in the technology, finance, and retail industries. The growing wealth disparity between them and the less privileged is a significant concern for people worldwide. Discover the top 10 richest people in the world today and how they built their fortune.
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Brin, who came to the U.S. from Russia with his family when he was 6 years old to escape anti-Semitism, is the richest immigrant in America. His fortune increased by an estimated $5.1 billion during December 2023 amid a nearly 6% jump in the price of Alphabet shares. Larry Ellison cofounded software firm Oracle in 1977 and ran it as CEO until 2014; he now serves as chairman and Chief Technology Officer of the company. Over the years Oracle has made a series of large acquisitions, including buying Sun Microsystems in 2010 for $7.4 billion. It has grown to be the world’s largest social network, with 3.88 billion monthly users. Despite giving away $4.6 billion worth of his Berkshire Hathaway shares in mid-June, his fortune rose by more than $6 billion in July.
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In March 2025, X (formerly Twitter) and xAI merged to form XAI holdings. In late November the Department of Justice said Google should sell its Chrome browser in order to reduce the company’s dominance online. The decision may have been one reason that Alphabet CEO Sundar Pichai attended Donald Trump’s inauguration in January. Another decline in Tesla shares —a drop of 11.5% during March— wiped out $19 billion from Musk’s Accounting for Marketing Agencies fortune, pushing it below $350 billion. Read more on Bernard Arnault’s net worth, and how China’s economy played a big role in the transformation of the luxury goods sector. Steve Ballmer, a Harvard University classmate of Bill Gates, assumed the CEO role at Microsoft from 2000 to 2014.
Following this project’s success, Gates dropped out of Harvard during his junior year and founded Microsoft with Allen. Larry Ellison was born in New York City to a 19-year-old single mother. After dropping out of the University of Chicago in 1966, Ellison moved to California and worked as a computer programmer. In 1973, he joined the electronics company Ampex, where he met future partners Ed Oates and Bob Miner.
- Elon Musk is currently considered the world’s richest person, with a net worth of $226.6 billion per Forbes’ real-time rankings as of Wednesday.
- Bezos also owns The Washington Post, one of the largest newspapers in the United States.
- In December 2020, Tesla joined the S&P 500, becoming the largest company added, and in January 2021, Musk became the richest person in the world—a title that has fluctuated alongside the value of Tesla.
- As the economy faltered, with businesses shuttering and unemployment soaring, the stock market boomed.
- Numerous billionaires and multimillionaires also penned a letter calling on global leaders to fairly tax the super rich like themselves.
- Certainly a large amount of money, and one that can virtually guarantee a comfortable life, but hardly the level of wealth enjoyed by the billionaires Oxfam cites.
- Musk’s net worth is approximately $330 billion, Forbes reported in March 2025.
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Before moving back into the White House, he padded his cash pile with a very lucrative move into crypto. Between that and his Trump Media & Technology Group going public just after Forbes locked in its 2024 rankings, the president’s net worth has more than doubled, from an estimated $2.3 billion to an estimated $5.1 billion. Page cofounded search engine Google with fellow Stanford PhD student Sergey Brin in 1998 and served as CEO until 2001 and from 2011 to 2015. He now serves as a board member of Google’s parent Alphabet and continues to be a controlling shareholder.
