Global Wealth Report 2025: Analyzing the World's Top Billionaires

Visualizing the world's 10 richest people in 2025, including Elon Musk and Larry Ellison, with their net worths.

The landscape of global wealth is in a perpetual state of flux, characterized by rapid shifts in fortunes that mirror the dynamic evolution of industries and economic paradigms. From the real estate tycoons of 1990s Japan to the digital titans of Silicon Valley and the luxury conglomerates of Europe, the aggregation of wealth serves as a precise barometer for understanding prevailing economic trends and the ascendancy of various sectors.

Historically, figures like Bill Gates maintained dominance on the world's richest list for nearly two decades, followed by the influential tenure of Warren Buffett. The advent of Jeff Bezos marked a new era as the first "centibillionaire," a benchmark quickly surpassed by Elon Musk, who continues to redefine the parameters of modern wealth through his ventures in technology and innovation. These narratives underscore not only the immense opportunities for wealth creation but also the inherent volatility that can lead to significant financial fluctuations.

The Evolving Face of Global Wealth in 2025

As of 2025, the uppermost echelons of the world's wealthiest individuals continue to be dominated by visionaries in the technology sector. This concentration highlights the profound impact of digital innovation on wealth accumulation, with many of the top contenders deriving their colossal fortunes from pioneering advancements in software, e-commerce, and advanced technologies.

The following table provides a snapshot of the leading billionaires, illustrating their current net worth, recent changes, year-to-date performance, primary country of operation, and dominant industry sector. This data, reflective of the prior trading day's close, offers critical insights into the real-time movements of global capital.

Rank Name Total Net Worth ($) Last Change ($) YTD Change ($) Country / Region Industry
1 Elon Musk $448B -$4.57B +$15.3B United States Technology
2 Larry Ellison $372B +$9.45B +$180B United States Technology
3 Mark Zuckerberg $251B -$1.85B +$43.4B United States Technology
4 Jeff Bezos $238B -$822M -$599M United States Technology
5 Larry Page $220B +$373M +$51.6B United States Technology
6 Sergey Brin $206B +$332M +$47.4B United States Technology
7 Bernard Arnault $194B +$2.13B +$17.8B France Consumer
8 Steve Ballmer $176B -$556M +$29.4B United States Technology
9 Jensen Huang $158B +$1.71B +$43.6B United States Technology
10 Michael Dell $157B +$48.4M +$33.1B United States Technology
11 Warren Buffett $147B -$2.17B +$5.05B United States Diversified
12 Jim Walton $131B -$2.26B +$19.0B United States Retail
13 Rob Walton $128B -$2.17B +$18.7B United States Retail
14 Alice Walton $128B -$2.15B +$18.8B United States Retail
15 Bill Gates $120B -$173M -$38.6B United States Technology
16 Amancio Ortega $118B +$1.21B +$16.4B Spain Retail
17 Carlos Slim $114B +$2.66B +$34.3B Mexico Diversified
18 Mukesh Ambani $99.6B +$1.81B +$9.02B India Energy
19 Francoise Bettencourt Meyers $96.0B +$1.82B +$21.6B France Consumer
20 Gautam Adani $92.3B +$1.22B +$13.6B India Industrial
21 Thomas Peterffy $81.9B -$1.43B +$28.7B United States Finance
22 Zhong Shanshan $80.1B +$677M +$25.2B China Diversified
23 Julia Flesher Koch & family $79.9B -$308M +$6.89B United States Industrial
24 Charles Koch $72.6B -$280M +$6.92B United States Industrial
25 Ma Huateng $67.8B -$581M +$19.5B China Technology
26 Jeff Yass $59.9B -$34.5M +$14.0B United States Finance
27 Zhang Yiming $59.6B $0 +$15.7B China Technology
28 Changpeng Zhao $57.4B -$4.00B +$4.05B Canada Finance
29 Zeng Yuqun $55.4B -$96.1M +$16.7B Hong Kong Industrial
30 Giovanni Ferrero & family $55.0B +$944M +$19.2B Italy Food & Beverage
31 Stephen Schwarzman $53.2B -$1.31B -$204M United States Finance
32 German Larrea $52.8B +$602M +$20.0B Mexico Commodities
33 Tadashi Yanai $52.8B +$42.1M +$1.85B Japan Retail
34 Jacqueline Badger Mars $49.9B +$754M +$6.83B United States Food & Beverage
35 John Mars $49.9B +$754M +$6.83B United States Food & Beverage
36 Prajogo Pangestu $49.5B +$44.2M +$19.8B Indonesia Energy
37 Masayoshi Son $48.7B +$4.35B +$32.9B Japan Technology
38 Ken Griffin $48.3B $0 +$6.91B United States Finance
39 William Ding $47.0B +$77.2M +$18.2B China Technology
40 Abigail Johnson $46.3B -$924M +$4.51B United States Finance
41 Jack Ma $46.1B +$46.4M +$11.9B China Technology
42 Lukas Walton $45.2B -$699M +$6.52B United States Retail
43 Colin Huang $44.9B -$81.1M +$10.7B China Technology
44 Eric Schmidt $44.6B +$104M +$8.38B United States Technology
45 Iris Fontbona & family $44.4B +$206M +$15.9B Chile Commodities
46 Robert Pera $44.0B +$213M +$23.7B United States Technology
47 Alain Wertheimer $42.0B +$262M -$2.44B France Consumer
48 Gerard Wertheimer $42.0B +$262M -$2.44B France Consumer
49 Dieter Schwarz $40.9B +$137M +$9.31B Germany Retail
50 Lei Jun $40.3B -$1.40B +$10.6B China Technology
51 Klaus-Michael Kuehne $39.3B +$544M +$751M Germany Industrial
52 Miriam Adelson $39.1B +$143M +$1.87B United States Entertainment
53 Len Blavatnik $38.7B -$68.1M -$483M United States Diversified
54 MacKenzie Scott $38.6B -$39.2M -$1.53B United States Technology
55 Eduardo Saverin $38.6B -$293M +$6.75B Brazil Technology
56 Mark Mateschitz $38.0B +$788M +$17.2B Austria Food & Beverage
57 Thomas Frist $37.0B +$4.87M +$9.32B United States Health Care
58 Li Ka-shing $36.5B -$151M +$6.68B Hong Kong Real Estate
59 Shiv Nadar $36.0B +$464M -$7.09B India Technology
60 He Xiangjian $35.7B +$135M +$2.92B China Consumer
61 Zhang Bo $35.5B +$93.6M +$15.3B China Industrial
62 Ernesto Bertarelli & family $34.7B +$329M +$8.04B Switzerland Diversified
63 Shapoor Mistry $34.5B +$601M -$4.13B India Industrial
64 Rick Cohen $34.3B -$1.27B +$19.9B United States Consumer
65 Savitri Jindal $33.9B +$489M +$1.62B India Commodities
66 Rodolphe Saade & family $33.0B +$410M +$3.18B France Services
67 Henry Samueli $32.6B +$270M +$8.98B United States Technology
68 Andy Bechtolsheim $32.2B +$532M +$7.25B Germany Technology
69 Dan Gilbert $31.1B -$168M +$5.06B United States Real Estate
70 Phil Knight & family $30.8B -$420M -$3.59B United States Consumer
71 Hasso Plattner $30.2B +$94.8M +$4.42B Germany Technology
72 Susanne Klatten $30.1B +$286M +$5.75B Germany Industrial
73 Eyal Ofer $30.0B -$290M +$3.54B Monaco Diversified
74 Idan Ofer $29.9B +$63.8M +$1.38B Israel Energy
75 Vladimir Potanin $29.8B +$37.7M +$1.99B Russian Federation Commodities
76 Aliko Dangote $29.7B +$133M +$1.68B Nigeria Industrial
77 Gina Rinehart $29.7B -$314M +$4.69B Australia Commodities
78 Henry Cheng $29.5B +$433M +$10.5B Hong Kong Retail
79 Gianluigi Aponte $29.3B -$290M +$1.89B Switzerland Services
80 Sunil Mittal $28.7B +$47.1M +$4.85B India Media & Telecom
81 Lakshmi Mittal $28.3B +$280M +$8.62B India Commodities
82 Elaine Marshall $27.1B -$114M +$2.33B United States Industrial
83 Alexey Mordashov $27.1B -$540M +$3.82B Russian Federation Industrial
84 Azim Premji $27.0B +$420M -$3.87B India Technology
85 Francois Pinault $27.0B -$122M +$5.44B France Consumer
86 Jorge Paulo Lemann $26.2B +$315M +$5.08B Brazil Food & Beverage
87 Peter Thiel $26.0B -$112M +$9.90B United States Finance
88 Huang Shilin $25.7B -$44.1M +$7.64B China Industrial
89 Andrew Forrest $25.6B -$52.8M +$3.58B Australia Commodities
90 Stefan Quandt $25.3B +$288M +$4.46B Germany Industrial
91 Wang Chuan-Fu $25.3B -$22.6M +$4.12B China Consumer
92 Dilip Shanghvi $25.1B +$126M -$4.32B India Health Care
93 Low Tuck Kwong $25.1B +$123M -$2.74B Indonesia Energy
94 Vagit Alekperov $25.1B -$325M -$212M Russian Federation Energy
95 David Sun $25.1B +$1.33B +$11.3B United States Technology
96 John Tu $25.1B +$1.33B +$11.3B United States Technology
97 Zhang Zhidong $25.0B -$64.1M +$5.87B China Technology
98 Leonid Mikhelson $25.0B -$84.7M +$2.62B Russian Federation Energy
99 Takemitsu Takizaki $24.5B +$357M +$439M Japan Technology
100 Zhang Xuexin $24.0B -$276M +$11.0B China Industrial

The Dominance of Technology and Diversification

The prominence of technology magnates on this list is undeniable. Elon Musk, Larry Ellison, Mark Zuckerberg, and Jeff Bezos continue to hold significant positions, reflecting the immense value generated by their respective enterprises in automotive technology, software, social media, and e-commerce. Their collective net worth illustrates the current economic climate's lean towards innovation-driven sectors.

Beyond technology, other sectors demonstrate robust wealth generation. The consumer goods industry, represented by figures like Bernard Arnault from France and Francoise Bettencourt Meyers, showcases the enduring power of luxury brands and retail. Similarly, the retail sector features strongly with the Walton family, whose collective fortune from Walmart underscores the vast scale and impact of traditional commerce. India's Mukesh Ambani (Energy) and Gautam Adani (Industrial) highlight the growing economic powerhouses in emerging markets, leveraging fundamental industries to build substantial wealth.

Geographical Distribution of Billionaires

The United States remains a focal point for global wealth, housing a substantial number of the world's richest individuals, particularly within the technology and finance sectors. However, the list also reveals a significant global spread, with France, China, India, and Germany contributing notable figures. This geographical diversity underscores the multifaceted nature of global economic opportunities, stemming from various regional strengths and industrial specializations.

For instance, while the United States dominates in technology, countries like France excel in consumer luxury goods, and industrial and energy sectors are driving wealth in nations such as India and Indonesia. This distribution indicates that wealth creation is not monolithic but rather a complex interplay of global market forces, technological advancements, and localized industrial strengths.

Understanding Wealth Dynamics: Gains and Declines

Analyzing the "Last Change" and "YTD Change" columns provides a granular perspective on the daily fluctuations and long-term trends affecting these fortunes. While many billionaires experienced positive year-to-date growth, indicating a generally favorable market environment for their assets, daily changes can be quite volatile. For example, Larry Ellison saw a substantial year-to-date gain, demonstrating sustained growth, whereas Bill Gates recorded a significant year-to-date decline, illustrating the potential for even established fortunes to contract.

These shifts are influenced by a myriad of factors, including stock market performance, commodity prices, company earnings reports, geopolitical events, and even consumer sentiment. The rapid rise and occasional fall of fortunes highlight the speculative yet rewarding nature of high-stakes global investments, making the pursuit of wealth an ever-unstable race.

Conclusion: The Ever-Changing Global Economic Fabric

The 2025 roster of the world's wealthiest individuals is a testament to the dynamic nature of global economics. It reflects the continued ascendance of technology, the resilience of traditional industries, and the increasing influence of diversified portfolios across various geographies. As global markets continue to evolve, so too will the composition of this elite group, offering continuous insights into the industries and regions that are shaping the future of wealth.

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