Forbes 2025 Billionaires list: Who tops the list of the world’s wealthiest? Trending News

five richest people in the world

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. In late November the Department of Justice said Google should sell its Chrome browser in order to reduce the company’s dominance online. In 2012, Ellison bought 98% of the Hawaiian island of Lanai for $300 million. Ellison invested in Tesla and served on the board of the electric vehicle company from 2018 through August 2022. The group said it five richest people in the world will spend $500 billion over four years to build AI infrastructure—mainly data centers—in the U.S.

five richest people in the world

#11 Gautam Adani & family

  • Since December 1, Musk’s wealth has increased by $91 billion, further solidifying SpaceX’s position as the most valuable private company globally.
  • Aponte-Diamant and her husband Gianluigi Aponte, cofounders of MSC, each own a 50% stake in the company they started in 1970, which has since become the world’s largest shipping line.
  • Bernard Arnault, chairman of French luxury goods giant LVMH, and his family had a net worth of $191.3 billion, up 111%.
  • 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.
  • Her fortune lies in her ownership stake in cosmetics giant L’Oreal, which she inherited from her late mother.
  • Ellison is also the chairman and chief technology officer of the software giant, owning less than 40% of the total shares.

As of May 1, 2025, she is worth an estimated $106.3 billion and is the world’s 14th richest person. Her fortune lies in her ownership stake in retailer Walmart, which she inherited from her late father. Her brothers Rob, Jim and John (d. 2005) also inherited stakes in Walmart from their father. John’s widow Christy Walton and their son Lukas Walton inherited John’s shares and both rank on Forbes’ billionaires list. The granddaughter of the L’Oréal founder and heir to the family fortune is the world’s richest woman for the fourth consecutive year. The majority of her wealth is tied to her nearly 35% stake in cosmetics giant L’Oréal Group, which has $45 billion in revenue and marquee brands like Maybelline, Kiehl’s and Lancôme.

five richest people in the world

Elon Musk: $226.6 billion

As of January 1, the 10 richest people on the planet are worth nearly $1.47 trillion—$30 billion more than a month earlier. And Facebook founder Mark Zuckerberg has overtaken Bill Gates to become the world’s fifth richest person. Notably, Indian stock market was in stress from a long time, but the sharp rally in the equities since mid-March led to the sharp surge in the wealth of the Indian billionaires. However, no Indian billionaire made it to the list of the top 10 richest individuals on the planet. Ellison co-founded Oracle Corporation, a software and database management giant, in 1977 and served as CEO until 2014. Ellison, who also had a stint on Tesla’s board of directors from 2018 to 2022, has ranked high in billionaire lists for several years now.

  • From tech dominance to philanthropy, these individuals have leveraged their talents and resources to amass incredible wealth and make a lasting impact on the world.
  • Dan Gilbert, co-founder of Quicken Loans and owner of the Cleveland Cavaliers, is worth $51.9 billion—up from $6.5 billion in 2020.
  • Due to a spike in Meta’s price, Mr Zuckerberg, 39, re-entered the world’s top 10 richest people in the summer of 2023 for the first time since January 2022.
  • Their net worth expanded so quickly that Oxfam revised its estimate from last year that only one trillionaire would be crowned in the next decade.
  • The AI craze has been a major boon for Huang’s Nvidia, which produces more of the chips used for artificial intelligence systems than any other company.

Net Worth: $12.1 Billion

  • “It would take 1,200 years for a female worker in the health and social sector to earn what a CEO in the biggest Fortune 100 companies earns on average in one year,” the report states.
  • The evolving wealth landscape has seen the collective fortunes of the world’s 500 richest individuals soar, reaching a remarkable milestone.
  • Besides pledging $230 million for Notre-Dame Cathedral’s reconstruction, she has hired a managing director for her investment firm, Téthys Invest, where she backs projects including French private hospital operator Elsan.
  • He now ranks ahead of Bill Gates, who for years was the world’s richest person.
  • As of January 1, 2024, the richest person in the world is Elon Musk, the CEO of electric car company Tesla; he’s worth an estimated $251 billion.
  • The act aimed to slash corporate tax from 35 percent to about 20 percent for big organisations.

There are numerous rich lists out there, with different totals, but they all agree on one thing – Mr Musk is now the wealthiest person in the world. And his bank balance has increased by an eyewatering amount – as has the wealth of the 10 richest people – after Donald Trump’s victory in the election, according to a widely cited index. Some 148 of the world’s largest corporations made nearly $1.8 trillion in profits in the 12 months leading up to June 2023, Oxfam said. Oxfam calls out the oil and gas industry, pharmaceutical companies and the financial industry for reaping higher profits in the last year or two than their average in prior years.

five richest people in the world

This surge is primarily attributed to the value of US technology stocks, which have played a crucial role in boosting billionaire fortunes. The Cash Flow Management for Small Businesses tech leaders, including Larry Ellison, Jeff Bezos, Michael Dell, and Google co-founders Larry Page and Sergey Brin, have collectively seen their wealth grow significantly. These eight technology moguls alone accounted for over $600 billion of the $1.5 trillion increase among the world’s wealthiest individuals, according to the Bloomberg Billionaires Index. For most of the first half of 2023, French luxury goods magnate Bernard Arnault was the world’s richest person, per Forbes—but that changed on June 8, 2023, when Musk overtook Arnault to become No. 1 in the world again. As of January 1, Arnault still ranks No. 2 richest, worth an estimated $200.7 billion. Arnault, the CEO and chairman of LVMH, has built the company into a giant with more than 70 brands, from Louis Vuitton and Christian Dior to Tiffany & Co. and Sephora.

five richest people in the world

#104 Renata Kellnerova & family

Over the years Oracle has made a series of large acquisitions, including buying Sun Microsystems in 2010 for $7.4 billion. Software tycoon Larry Ellison of Oracle was the biggest loser of the top ten; his fortune fell by $11.2 What is bookkeeping billion during December as Oracle’s stock fell 10%. These eight technology moguls alone accounted for over $600 billion of the $1.5 trillion increase among the world’s wealthiest individuals as reported by the Bloomberg Billionaires Index. The evolving wealth landscape has seen the collective fortunes of the world’s 500 richest individuals soar, with a remarkable milestone reached. Ortega, one of the pioneers of fast fashion, founded Inditex—parent of the Zara chain of stores—in 1975 with his then-wife Rosalia Mera.

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