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Forbes 2025: Elon Musk Tops List of World’s Richest People

Forbes has released its highly anticipated list of the top 10 richest people in the world for 2025, and once again, Elon Musk has claimed the top spot. The Tesla and SpaceX CEO’s net worth has soared to an astonishing $421.2 billion, thanks to SpaceX’s new $350 billion valuation and his appointment as co-head of the U.S. Department of Government Efficiency (DOGE) by President Donald Trump.

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.
  2. Jeff Bezos
    • Net Worth: $233.5 billion
    • Source: Amazon
    • Age: 60
    • Citizenship: U.S.
  3. Larry Ellison
    • Net Worth: $209.7 billion
    • Source: Oracle
    • Age: 80
    • Citizenship: U.S.
  4. Mark Zuckerberg
    • Net Worth: $202.5 billion
    • Source: Meta (Facebook)
    • Age: 40
    • Citizenship: U.S.
  5. Bernard Arnault
    • Net Worth: $168.8 billion
    • Source: LVMH
    • Age: 75
    • Citizenship: France
  6. Larry Page
    • Net Worth: $157.9 billion
    • Source: Google (Alphabet)
    • Age: 51
    • Citizenship: U.S.
  7. Sergey Brin
    • Net Worth: $153.4 billion
    • Source: Google (Alphabet)
    • Age: 50
    • Citizenship: U.S.
  8. Warren Buffett
    • Net Worth: $139.6 billion
    • Source: Berkshire Hathaway
    • Age: 94
    • Citizenship: U.S.
  9. Steve Ballmer
    • Net Worth: $123.5 billion
    • Source: Microsoft
    • Age: 68
    • Citizenship: U.S.
  10. Jensen Huang
    • Net Worth: $118 billion
    • Source: Nvidia
    • Age: 61
    • Citizenship: U.S.

Notably, Nvidia CEO Jensen Huang joins the top 10 for the first time, highlighting the semiconductor industry’s rapid growth. The combined net worth of these global tycoons has reached $1.9 trillion as of January 1, 2025, up from $1.8 trillion the previous month.

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