In a year of booming tech shares and daring business deals, the world's richest people keep pushing the edges of wealth. Based on the newest Forbes numbers, these are the top five billionaires ruling the world's wealth rankings:
1. Elon Musk – $401 Billion
Founder of Tesla, SpaceX, and xAI, Musk continues to be the richest individual in the world. His wealth might have fallen by $5.3 billion in July but still remains above all. His business interests cut across electric cars, space travel, and AI, and he is the ultimate poster boy for future entrepreneurship.
2. Larry Ellison – ~$300 Billion
The Oracle co-founder recorded a $37 billion boost in July alone on the back of surging cloud computing and software shares. His power is not just limited to tech, as his son's company Skydance recently acquired Paramount with the help of Ellison's fortune.
3. Mark Zuckerberg – ~$267 Billion
Meta's CEO keeps surfing the AI wave, with his firm doling out humongous pay deals to the best talent. A robust July earnings report boosted his net worth by $27 billion, solidifying his position among the tech elite.
4. Jeff Bezos – ~$215 Billion
Amazon's billionaire founder is still a member of the billionaire club. Despite stepping down as CEO, his holding in the online retail behemoth and investments in Blue Origin and media continue to make his fortune grow.
5. Bernard Arnault & Family – ~$178 Billion
The sole non-American in the top 5, Arnault presides over the LVMH empire, including luxury franchises such as Louis Vuitton and Sephora. His fortune is a testament to the long-term global appetite for high-end fashion and cosmetics.
A Billionaire Snapshot
These industry giants aren't simply rich—they're designers of worldwide impact. Their wealth is linked with innovation, smart investments, and a sense to forecast market changes. With tech and luxury still leading the pack, look for these names to stay on top.
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