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Elon Musk Leads Forbes’ Billionaires List With Record-Breaking Wealth
Apr 1, 2025
Elon Musk has reclaimed the top spot on Forbes’ 39th annual World’s Billionaires list, surpassing French luxury magnate Bernard Arnault. Forbes disclosed the rankings on Tuesday, revealing a record 3,028 billionaires worldwide—the highest since the list’s inception in 1987. Collectively, they hold an unprecedented $16.1 trillion in wealth.
Musk’s fortune surged 75% over the past year, reaching a record-breaking $342 billion, fueled by rising valuations of xAI, SpaceX, and a strong performance by Tesla stock. Despite a recent market dip, he remains the only individual to surpass the $300 billion wealth mark.
Former U.S. President Donald Trump also saw his net worth more than double to $5.1 billion, driven by gains from his Trump Media & Technology Group shares and recent crypto investments.
“It’s another record-breaking year for the world’s richest people, despite financial uncertainty and rising geopolitical tensions,” said Chase Peterson-Withorn, Forbes’ Senior Editor for Wealth.
Rounding out the top five billionaires on the list:
Mark Zuckerberg – $216 billion (No. 2)
Jeff Bezos – $215 billion (No. 3)
Larry Ellison – $192 billion (No. 4)
Bernard Arnault & Family – $178 billion (No. 5)
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