The rich just keep getting richer.
Bloomberg reported that the world’s 500 richest people added a record $2.2 trillion to their collective fortunes this year. US tech moguls were the biggest winners, with a stock market rally in artificial intelligence companies leading to massive gains.
Of the top 10 richest people, eight in the tech industry will increase their collective wealth by more than half a trillion dollars in 2025. Tesla founder Elon Musk, currently the world’s richest person, added $190 billion in the past 12 months, bringing his net worth to $623 billion, according to the Bloomberg Billionaires Index. If Tesla hits the ambitious targets it has set, it is well on its way to becoming the world’s first billionaire.
Google cofounder Larry Page also had a prosperous year, adding $101 billion to his personal fortune of $270 billion. In the top five, Amazon founder Jeff Bezos earned $16 billion (net worth: $255 billion), Google cofounder Sergey Brin earned $92.5 billion (net worth: $251 billion), and Oracle cofounder Larry Ellison earned $57.7 billion (net worth: $250 billion). Ellison briefly overtook Musk as the world’s richest man in September, after his business software company reported unexpectedly strong financial results. Meta CEO Mark Zuckerberg also sees his wealth increase by $28 billion in 2025, bringing his net worth to $235 billion, according to the index.
Among all these tech tycoons, the biggest name in luxury is ranked seventh in the billionaire ranking. LVMH chairman and CEO Bernard Arnault, who has spent his fair share of time at the top of the list, enjoyed a $30 billion increase this year, bringing his total fortune to $206 billion. LVMH, which helms the likes of Louis Vuitton, Tiffany & Co., Tag Heuer, and Dom Pérignon, returned to growth in the third quarter of 2025 due to strong spending by wealthy North Americans.
Arnault sits ahead of former Microsoft CEO Steve Ballmer and NVIDIA CEO Jensen Huang, who earned $30 billion and $23 billion in 2025, respectively. Huang sold about $1 billion worth of shares this year, cashing in on the computer chip maker’s soaring stock price. .
It’s been a great year for some.
