As of January 1, 2025, the world’s 10 richest people are worth a combined $1.9 trillion, up from $1.8 trillion just a month ago. Seven in 10 have seen their wealth grow, highlighting the dynamic nature of wealth in the billionaire class.
Forbes has been tracking global billionaires since 1987, identifying 2,781 of them in its annual April 2024 list. The US leads Forbes’ 2025 World Billionaires list with a record 813 billionaires, followed by China with 473 and India claiming the third place with 200 billionaires.
Elon Musk starts 2025 as the richest man in the world, with a fortune of $433.9 billion, largely due to SpaceX’s $350 billion valuation.
Musk’s net worth has increased by $91 billion as of December 1, 2024, cementing SpaceX’s position as the world’s most valuable private company.
In addition to SpaceX, Musk heads Tesla, owns stakes in social networking platform X, artificial intelligence company xAI and tunneling company Boring Co.
Meanwhile, Mark Zuckerberg overtook Oracle founder Larry Ellison to become the world’s third-richest person, with his net worth rising 4% to $217.7 billion. This shift reflects the strong performance of Meta stock, as opposed to Oracle’s slight decline.
In addition, Jensen Huang, CEO of Nvidia, entered the top 10 richest people, now in 10th place with an estimated $118 billion, thanks to a 171% increase in Nvidia’s stock price, making it the second most valuable technology company in the world.
Here are the 10 richest people on earth as of January 1, 2025:
Elon Musk – $421.2 billion
Jeff Bezos – $233.5 billion
Larry Ellison – 210 billion dollars
Bernard Arnault – 192 billion dollars
Bill Gates – 170 billion dollars
Warren Buffett – 159 billion dollars
Mark Zuckerberg – 149 billion dollars
Sergey Brin – 139 billion dollars
Larry Page – 134 billion dollars
Jensen Huang – 118 billion dollars
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