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Forbes Releases 2025 List of Top 10 Richest People In The World

Posted by Lawal Munirat on January 3, 2025 0

Notable in this list is Nvidia CEO Jensen Huang, who joins the top 10 for the first time, highlighting the semiconductor industry’s rapid growth.

Elon Musk has been named as the richest person in the world in 2025, according to Forbes.

He’s estimated to have a net worth exceeding $400 billion.

The Tesla and SpaceX CEO leads a group of global tycoons whose combined net worth has reached $1.9 trillion as of January 1, 2025, up from $1.8 trillion the previous month.

Notable in this list is Nvidia CEO Jensen Huang, who joins the top 10 for the first time, highlighting the semiconductor industry’s rapid growth.

Here’s the Forbes ranking of the world’s top 10 richest individuals as of January 1, 2025:

1. Elon Musk

Net Worth: $421.2 billion

Source: Tesla, SpaceX, X, xAI

Age: 53

Citizenship: U.S.

Musk’s wealth surged by $91 billion in December due to SpaceX’s new $350 billion valuation. He also gained attention after being appointed co-head of the U.S. Department of Government Efficiency (DOGE) by President Donald Trump.

2. Jeff Bezos

Net Worth: $233.5 billion

Source: Amazon

Age: 60

Citizenship: U.S.

Bezos reclaimed second place as Amazon shares rose 5% in December, adding $10 billion to his fortune.

3. Larry Ellison

Net Worth: $209.7 billion

Source: Oracle

Age: 80

Citizenship: U.S.

Ellison’s wealth dropped $17 billion after Oracle’s stock declined but remains in the top three.

4. Mark Zuckerberg

Net Worth: $202.5 billion

Source: Meta (Facebook)

Age: 40

Citizenship: U.S.

Meta’s 1.9% stock rise slightly boosted Zuckerberg’s fortune.

5. Bernard Arnault

Net Worth: $168.8 billion

Source: LVMH

Age: 75

Citizenship: France

Arnault gained $8.5 billion due to LVMH’s stock growth.

6. Larry Page

Net Worth: $157.9 billion

Source: Google (Alphabet)

Age: 51

Citizenship: U.S.

Page’s wealth remains tied to Google’s ongoing dominance.

7. Sergey Brin

Net Worth: $153.4 billion

Source: Google (Alphabet)

Age: 50

Citizenship: U.S.

Brin continues to profit from Alphabet’s success.

8. Warren Buffett

Net Worth: $139.6 billion

Source: Berkshire Hathaway

Age: 94

Citizenship: U.S.

Buffett’s fortune dropped $8.9 billion due to a 6% decline in Berkshire Hathaway’s stock.

9. Steve Ballmer

Net Worth: $123.5 billion

Source: Microsoft

Age: 68

Citizenship: U.S.

Ballmer’s fortune dipped by $500 million but still exceeds $100 billion.

10. Jensen Huang

Net Worth: $118 billion

Source: Nvidia

Age: 61

Citizenship: U.S.

Huang enters the top 10 following Nvidia’s 171% stock rise in 2024.

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