Musk's net worth surged to an extraordinary $400 billion, making him the first individual to surpass this monumental threshold.
The list highlights several prominent figures whose fortunes also continue to grow, including Jeff Bezos and Mark Zuckerberg, who trail Musk closely in the rankings.
Musk’s wealth increase of $189 billion—an 82% jump—was primarily driven by a significant rise in Tesla’s stock price, often attributed to the so-called ‘Trump effect,’ which saw the electric vehicle maker’s value soar.
However, since the January 15th, 2025 cutoff date for the rankings, Musk’s fortune has seen a slight decline of approximately $100 billion, influenced by various factors such as his involvement with the cryptocurrency Dogecoin, political activism, and rising competition from Chinese companies. Despite these setbacks, Musk remains comfortably at the top spot of the global wealth rankings.
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Jeff Bezos holds firm at second spot
61-year-old Amazon founder Jeff Bezos continues to maintain his position as the second wealthiest person globally, with a net worth of $266 billion—up by 44%.Bezos’ wealth surge is largely credited to the growth of Amazon’s stock price, buoyed by investor optimism regarding the company’s cost-cutting measures and advancements in its AI and cloud services sectors.
Bezos is followed closely by Meta CEO Mark Zuckerberg.
Mark Zuckerberg in top 3
Mark Zuckerberg, 40, has ranked third on the Hurun Billionaires list for the first time. Zuckerberg’s net worth currently stands at $242 billion, an increase of $84 billion.The growth in his fortune is primarily attributed to investors’ optimism surrounding Meta’s push into AI and its growing tech infrastructure. Zuckerberg’s recent focus on physical fitness also garnered attention in the media, further elevating his public profile.
Larry Ellison and Warren Buffett round out the top 5
Larry Ellison, the 80-year-old Oracle co-founder, saw his wealth increase by $59 billion, bringing his net worth to $203 billion. This 33% rise in wealth is attributed to Oracle's expansion in AI-powered cloud services and strategic partnerships.Tech titans make significant strides
Larry Page, 51, co-founder of Google, climbed three spots in the rankings, achieving a 33% rise in wealth, bringing his total net worth to $164 billion. This surge is largely due to a significant increase in Alphabet’s stock price. Page remains passionate about kiteboarding, a hobby that has garnered attention in his personal life.Challenges for Bernard Arnault
Bernard Arnault, 75, the ‘Luxury King’ and chairman of LVMH, saw his fortune dip by $18 billion, dropping him to seventh place with a net worth of $157 billion.The decline in Arnault’s wealth was attributed to several challenges, including the sluggish economy in China, political uncertainties in France, and pushback against luxury goods, all of which have negatively impacted LVMH’s share price.
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Steve Ballmer and Sergey Brin’s wealth rise
Former Microsoft CEO Steve Ballmer, 68, saw a 10% increase in his wealth, reaching $156 billion and securing the eighth spot. His fortune remains largely tied to his Microsoft shares. Sergey Brin, 51, co-founder of Google, also saw his wealth rise significantly by 30%, bringing his net worth to $148 billion.Brin’s wealth is largely driven by Alphabet’s strong stock performance. Known for his philanthropic endeavors, Brin donated $200 million last year to climate-related causes.