Forbes - Here Are The Ten Richest People In The World | Forbes
The world's top 10 richest individuals experienced a $17 billion increase in their collective wealth, reaching a total of $2.3 trillion as of February 1, 2025. Elon Musk remains the wealthiest person with a fortune of $421 billion, marking the second consecutive month he has maintained this level of wealth. Mark Zuckerberg saw the largest gain, increasing his wealth by $35 billion due to a 16% rise in Meta's stock, making him the third richest. Jeff Bezos also experienced a significant increase, becoming $16.6 billion richer, attributed to a rise in Amazon's stock. Meanwhile, Nvidia's CEO Jensen Huang fell out of the top 10 due to a significant drop in Nvidia's market value, replaced by Spanish retail tycoon Amancio Ortega. Steve Ballmer's fortune declined, making him the only top 10 member to see a decrease in wealth this month.
Key Points:
- Elon Musk remains the richest person with $421 billion.
- Mark Zuckerberg's wealth increased by $35 billion, making him the third richest.
- Jeff Bezos gained $16.6 billion due to Amazon's stock rise.
- Jensen Huang fell out of the top 10 after Nvidia's market value dropped.
- Amancio Ortega entered the top 10, replacing Jensen Huang.
Details:
1. 💰 Top 10 Richest Surge by $17 Billion
- The world's 10 richest people increased their wealth by a collective $17 billion in the past month, driven by a post-presidential inauguration surge in stocks.
- The combined net worth of these individuals is now $2.3 trillion, according to Forbes estimates.
- The data reflects the status as of February 1st, 2025, at 12:00 a.m. Eastern Time.
- The increase was largely due to a significant rise in stock market values post-inauguration, impacting tech and investment sectors heavily.
- Among the top contributors to this wealth increase were tech moguls and major investors, reflecting broader market trends favoring technology and financial sectors.
2. 📈 Tracking Billionaire Wealth Daily
- Forbes tracks daily changes in billionaire wealth through a real-time list, highlighting the routine fluctuations in stock prices that impact net worth.
- Since 1987, Forbes has been monitoring the world's billionaires, evidencing a long-term commitment to providing accurate and timely wealth data.
- In April 2024, Forbes identified 2,781 billionaires for their annual list, indicating the expansive reach and thoroughness of their tracking efforts.
- As of February 1st, Elon Musk remains the world's wealthiest individual, demonstrating his continued dominance in global wealth rankings.
3. 🚀 Elon Musk's Unparalleled Wealth
- Elon Musk's net worth reached $421 billion, marking the second consecutive month his fortune exceeded $400 billion.
- Musk's wealth level is unprecedented, as no billionaire has previously reached this amount in Forbes' nearly four decades of tracking the world's wealthiest people.
- Elon Musk reclaimed the title of the richest person in the world in late May 2024 when his fortune surpassed $400 billion.
4. 📈 Zuckerberg's Meteoric Rise
- Mark Zuckerberg became the world's third richest individual, overtaking Larry Ellison.
- Zuckerberg's net worth increased by $35 billion in the past month.
- His current net worth is nearly $238 billion.
- The increase in Zuckerberg's fortune is attributed to the rise in Meta's shares.
5. 🎉 Trump's Inauguration & Billionaire Presence
- Mark Zuckerberg and his wife Priscilla Chan were featured guests at Donald Trump's inauguration, highlighting the event's high-profile nature.
- Amazon founder Jeff Bezos attended the inauguration alongside his fiance Lauren Sanchez, indicating the significance of Trump's presidency in attracting influential figures.
- Google co-founder Sergey Brin was present, emphasizing the presence of tech industry leaders at the inauguration.
- LVMH CEO Bernard Arnault, ranked as the fifth richest person, attended the inauguration, showcasing the event's appeal to global business magnates.
- At least five of the top 10 richest people in the world attended President Trump's inauguration, demonstrating the event's appeal to the world's wealthiest individuals.
- Jeff Bezos was identified as the world's second richest person at the time of the inauguration, underlining the concentration of wealth represented at the event.
- The presence of such influential billionaires suggests a strategic interest in Trump's policies and potential business opportunities under his administration.
- The inauguration's high-profile guest list reflects the broader political and economic implications of Trump's presidency, particularly regarding the influence of wealth in political events.
6. 📉 Nvidia's Market Challenges
6.1. Nvidia's Financial Impact
6.2. Leadership and Wealth Implications
6.3. Market Dynamics and Strategic Considerations
7. 🔄 Shifts in the Wealthiest Rankings
- Amano Ortega, a Spanish clothing retail tycoon, is worth $123.3 billion and ranks number nine in the wealthiest rankings.
- Steve Balmer, former Microsoft CEO and current LA Clippers owner, fell from 9th to 10th place, with an estimated fortune of $122.9 billion.
- Balmer's fortune is just a few hundred million behind Ortega, making him the only one of the current top 10 whose wealth decreased.
8. 🔍 Bill Gates Exits the Top 10
- Bill Gates has experienced a $1.4 billion decline in his fortune in the past month.
- As a result of this decline, Bill Gates has dropped completely out of the top 10 richest individuals as of October 2024, according to Forbes.
- New information regarding a significant contraction in his wealth led to this change in ranking.
9. 🌍 Global Wealth Leaders and Insights
- Google parent Alphabet's shares rose nearly 7%, contributing to a $1 billion increase in PA's Fortune in the past month.
- Warren Buffett ranks eighth among the wealthiest individuals, with a net worth of $146.236 billion, reflecting his enduring financial influence.
- As of February 1st, the top 10 richest individuals are all men, each with a net worth exceeding $120 billion, underscoring a gender disparity in global wealth leadership.