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Showing posts with label Elon Musk. Show all posts
Showing posts with label Elon Musk. Show all posts

Friday, 23 May 2025

World Richest List of Wealth: Who Are the Richest People in 2025?

 

Elon Musk (Tesla-SpaceX), Jeff Bezos (Amazon), Mark Zuckerberg (Facebook-Meta), Larry Ellison (Oracle), Bernard Arnault (LVMH). 


Synopsis: In 2025, some billionaires became richer, while others came down. The biggest wealth loss of the year goes to Gautam Adani, who lost USD 12 billion, and Elon Musk, who missed USD 35.2 billion. Many Indian tycoons, such as Mukesh Ambani and Shiv Nadar, also came down based on their stock falling in the capital market, with a weaker Indian rupee.


Key Highlights:


·     Despite some extent of losses, Elon Musk is still the richest person in the world, with USD 421.2 billion. 

·  The Other top billionaires include Jeff Bezos, Mark Zuckerberg, Larry Ellison, and Bernard Arnault. 

·      Many billionaires are getting richer on account of their holdings in technology stocks. The total wealth of the top 500 richest people has now reached USD10 trillion.


In 2025, Elon Musk will remain the richest person, thanks to his companies, such as Tesla and SpaceX. The world's richest people continue to grow their wealth, mainly through technology and other companies' vertical growth.

Forbes’ World’s Billionaires List for 2025:

As per Forbes’ World’s Billionaires List for 2025, the U.S. leads with a record 813 billionaires,  China with 473, and India impressively claims the 3rd spot with 200 billionaires. 


Top 10 richest people in the world 2025

Rank

Name

Net worth (2025)

Name of Company

1

Elon Musk

$421.2 billion

SpaceX, Tesla, X (formerly Twitter), xAI, Boring Co.

2

Jeff Bezos

$233.5 billion

Amazon

3

Larry Ellison

$209.7 billion

Oracle

4

Mark Zuckerberg

$202.5 billion

Meta (formerly Facebook)

5

Bernard Arnault

$168.8 billion

LVMH (Luxury Goods)

6

Larry Page

$156 billion

Alphabet (Parent company: Google)

7

Sergey Brin

$149 billion

Alphabet (Parent company: Google)

8

Warren Buffett

$141.7 billion

Berkshire Hathaway

9

Steve Ballmer 

$124.3 billion

Microsoft, Clippers, Investments

10

Jensen Huang

$117.2 billion

Nvidia

 How Hindenburg’s Allegations Wiped Out Over USD 80 Billion of Gautam Adani’s Wealth

·     Gautam Adani lost USD12 billion in 2025, making it the second-biggest loss after Elon Musk, who lost USD35.2 billion. 

·    Adani's group has witnessed its stock prices drop, with Adani group companies falling up to 18%. In 2025,  Adani’s total wealth is USD 66.8 billion.

·      Gautam Adani's wealth decreased in 2023 primarily due to allegations made by the US short-seller Hindenburg Research in January 2023. 

·       The report accused Adani’s conglomerate of stock manipulation and accounting fraud. 

·     The report led to intense scrutiny, a stock market meltdown, and a huge decline in the market value of Adani Group companies. 

·     The Hindenburg report also highlighted high debt levels within the group, raising concerns about its financial stability. 

·       As a result, Adani’s fortune fell by over $80 billion, despite efforts by the Adani Group to counter the allegations.

 What is the reason for the decline in Adani's net worth?

 Gautam Adani's net worth declined amid bribery charges by Hindenburg Research, leading his net worth to decline by $12 billion (Rs 2 lakh crore) in investor wealth.

Other Indian billionaires who lost to some extent:

Shiv Nadar (HCLTech) lost USD 4.5 billion

·         Ravi Jaipuria (Varun Beverages) lost USD4.2 billion

·         Mukesh Ambani lost USD2.9 billion, now worth USD 87.7 billion

A big reason for these losses is the falling Indian stock market, up in a 1.2% drop in the Indian rupee. The Nifty 50 index also went down by 3.5% this year.


The Richest 10 People in the World in 2024 

 family

$233

$233 B

Name

Networth (2024)

country

Name of Company

1. Bernard Arnault & family & family

$233 Billion

France

LHMV

2. Elon Musk

$195 Billion

United States

Tesla, SpaceX

3. Jeff Bezos

$194 Billion

United States

Amazon

4. Mark Zuckerberg

$177 Billion

United States

Facebook

5. Larry Ellison

$141 Billion

United States

Oracle

6. Warren Buffett

$133 Billion

United States

Berkshire Hathaway

7. Bill Gates

$128 Billion

United States

Microsoft

8. Steve Ballmer

$121 Billion

United States

Microsoft

9. Mukesh Ambani

$116 Billion

India

Reliance + (Diversified)

10. Larry Page

$114 Billion

United States

Google

What THESE Billionaires Have in Common


·         Elon Musk is the Founder of Tesla and SpaceX.  Musk revolutionized electric cars and reusable rockets, pushing space travel forward.

·         Jeff Bezos started Amazon from a bookstore. He turned it into the world’s biggest online retailer. He also expanded into space with Blue Origin.

·         Larry Ellison: Co-founder of Oracle. He  built a tech empire in software and cloud services while investing in luxury real estate and philanthropy.

·         Mark Zuckerberg, who created Facebook, is now Meta. He acquired Instagram and WhatsApp, leading the social media world and investing in the metaverse.

·         Bernard Arnault, who Owns LVMH, the top luxury brand empire.

·         Larry Page, who co-founded Google, grew it beyond search into AI, YouTube, and self-driving cars.

·         Sergey Brin: Google’s co-founder, who played a key role in innovation and now focuses on advanced technologies like AI and smart cities.

·         Warren Buffett: A legendary investor, he runs Berkshire Hathaway and pledges most of his fortune to philanthropy in health & education.

·         Steve Ballmer: Former Microsoft CEO. He expanded the company’s reach and later invested in sports, owning the LA Clippers.

·         Jensen Huang: Co-founded Nvidia, leading AI and gaming chip innovations.


World’s Richest People in 2023

Forbes made its 37th list of the richest people in the world in 2023. It showed 2,640 billionaires, and together they had USD12.2 trillion. 


That is 28 fewer people and $500 billion less than in 2022. More than half of the billionaires had fewer wealth records than the year before. Even Elon Musk lost his No. 1 spot and dropped to No. 2.

 

For the first time, a French person was at the top of the list. This was also the first time since 2013 that the richest person was not from America. The then richest person was Carlos Slim Helu from Mexico.

 

In 2022, there were 15 billionaires within 30 years of age. The richest young billionaire was Mark Mateschitz, who secured wealth from Red Bull. He had $34.7 billion. 

 

The youngest billionaires were Clemente Del Vecchio, who shares his family's Luxottica fortune, and Kim Jung-yang, who has money from the gaming company Nexon. Both of them were under 20 years old.

 

How Are Some Billionaires Getting Richer?

 

Many billionaires have seen their wealth grow because of technology stocks. The combined wealth of the top 500 richest people has now grown  USD10 trillion, a massive number.

 

Elon Musk also made history by becoming the first person ever to have more than USD  400 billion at one time, merely on account of SpaceX, which is recorded as USD 350 billion.