The world could soon see its first trillionaires, with five individuals projected to reach the milestone within the next decade if current trends persist, according to Oxfam's annual inequality report released Sunday reported CNN Business.
Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand boosted LVMH stock.
The richest 100 Americans gained $1.5 trillion in wealth during President Biden’s term in office, and Tesla CEO Elon Musk’s net worth more than doubled during that time. The richest Americans, decried by President Biden in his farewell address as an “oligarchy” threatening democracy, fared exceptionally well during his time in office.
Elon Musk, Mark Zuckerberg, and Jensen Huang have contributed to a staggering combined net worth of $10 trillion.
Tesla CEO Elon Musk’s net worth crossed $400 billion on Thursday, the Forbes real-time billionaires list showed, boosted by a nearly 71% surge in
The net worth of the six richest people in the crowd at Donald Trump's inauguration is roughly equal to a third of the value of the entire UK economy.
Elon Musk continues to lead the list of the world's richest individuals, with a massive $421.2 billion net worth after earning $91 billion in December last year.
The world will soon have five trillionaires as the wealth growth rate of its richest people rises faster than earlier estimates, according to a recent forecast.
In 2021, Musk revealed in a post on X that he was living in a three-bedroom ranch, also in Boca Chica. He claimed to be renting the $50,000 property from SpaceX. Like his tiny home, the property is a short drive from this from his company’s beachfront launch site, SpaceX Starbase.
Tesla and SpaceX CEO Elon Musk, currently the world’s richest person worth more than $430 billion, should cross the mark in just under five years. He will soon be joined by Amazon founder Jeff Bezos, Oracle founder Larry Ellison, Meta CEO Mark Zuckerberg and LVMH CEO Bernard Arnault and family.
Elon Musk has maintained the top spot on Forbes' list of the 10 richest people in the world in 2025, cementing his status as a global business icon.
The report tracked the Bloomberg Billionaires Index (BBI) to note that Elon Musk, Larry Ellison and Mark Zuckerberg were the biggest gainers. In fact, the Tesla and SpaceX CEO Musk saw the ...