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Elon Musk continues to hold the title of the richest person in the world as of June 2025, having increased his net worth by 75 percent over the past year.
Musk — the force behind Tesla, SpaceX, and X (formerly Twitter) — remains at the top thanks to strong business performance, soaring stock values, and relentless innovation. With a staggering net worth of $408.2 billion, Musk surpassed last year’s top billionaire, French businessman Bernard Arnault, who had a total net worth of $342 billion, according to Forbes’ annual World Billionaires List.
Most of the individuals featured on this year’s list made their fortunes in technology, with the United States accounting for the majority of names. However, the list also includes billionaires from Europe, Asia, and Latin America — highlighting just how global extreme wealth has become.
Beyond individual success stories, the ranking reflects the broader economic trends and industries shaping global wealth in 2025. Technology continues to dominate, with top-ranking billionaires amassing their fortunes through innovations in e-commerce, software, semiconductors, and social media.
Top 20 Richest People in the World (June 2025)
Elon Musk – $408.2B (Tesla, SpaceX, X)
Larry Ellison – $256.1B (Oracle)
Mark Zuckerberg – $239.3B (Meta Platforms)
Jeff Bezos – $227.8B (Amazon)
Warren Buffett – $153.1B (Berkshire Hathaway)
Larry Page – $146.2B (Google/Alphabet)
Bernard Arnault & Family – $141.5B (LVMH)
Sergey Brin – $139.8B (Google/Alphabet)
Steve Ballmer – $136.8B (Microsoft)
Jensen Huang – $124.8B (Nvidia)
Amancio Ortega – $122.2B (Zara/Inditex)
Bill Gates – $117.2B (Microsoft)
Michael Dell – $115.8B (Dell Technologies)
Rob Walton & Family – $113.1B (Walmart)
Jim Walton & Family – $111.8B (Walmart)
Mukesh Ambani – $108.2B (Reliance Industries)
Michael Bloomberg – $104.7B (Bloomberg LP)
Alice Walton – $104.0B (Walmart)
Carlos Slim Helú & Family – $93.5B (América Móvil)
Françoise Bettencourt Meyers & Family – $89.5B (L’Oréal)
What the 2025 Billionaires List Reveals
Tech Reigns Supreme: The majority of billionaires on the list have built their fortunes through technology — spanning social media, software, semiconductors, and e-commerce. Innovation continues to be the biggest driver of global wealth.
The U.S. Dominates: With 15 out of the top 20 names hailing from the United States, American entrepreneurs continue to lead the world in wealth creation, especially in the tech and investment sectors.
Billionaire Wealth Keeps Climbing: Despite global economic headwinds, from inflation to market volatility, the ultra-rich are getting even richer — thanks to rising stock valuations and strategic investments.
Asia’s Wealth Leader: Mukesh Ambani holds the title of Asia’s richest person, driven by the continued growth and diversification of Reliance Industries.
Global Heavyweights: Carlos Slim (Mexico) and Françoise Bettencourt Meyers (France) remain the top billionaires in Latin America and Europe, showing the worldwide reach of extreme wealth.
Why Their Fortunes Keep Growing?
Even in uncertain times, the world’s wealthiest individuals continue to thrive. The key factors behind their increasing fortunes include:
Robust stock market performance
Expansion of business operations into emerging markets
Strategic investments in high-growth sectors like AI, green energy, and digital infrastructure
This list is more than just a scoreboard of personal fortunes — it’s a snapshot of the industries, regions, and innovations shaping the global economy. Whether celebrated as visionaries or critiqued for widening inequality, these billionaires wield extraordinary influence over the world’s financial, technological, and political future.
