Bernard Arnault has gained more wealth in 2025 than anyone else, including Elon Musk and Mark Zuckerberg. The LVMH CEO is now the world's fourth richest person after gaining $15 billion on Thursday.LVMH stock jumped 9% after a rival luxury goods company reported strong earnings.
After outgoing US President Joe Biden recently warned Americans of the threat oligarchy poses for the country, a Fortune report found that the world’s richest consolidated wealth and became $1.5 trillion richer in his term.
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.
Mark Zuckerberg claimed the title of the world’s third-wealthiest person Monday, but is still behind tech billionaires Jeff Bezos and Elon Musk.
Among the biggest gainers were Elon Musk, Larry Ellison, and Mark Zuckerberg, according to the Bloomberg Billionaires Index. Musk’s wealth has increased the most by far during the Biden years.
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
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 American ‘oligarchy’ Biden denounced as a threat to democracy gained $1.5 trillion in net worth during his term 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.