Tesla and SpaceX CEO Elon Musk has created a new record in global wealth rankings, becoming the first individual ever to surpass a net worth of $600 billion.

This historic milestone reflects a dramatic surge in the value of his companies, especially SpaceX, and solidifies his position at the top of the world’s richest list, according to Forbes.

What’s behind Musk’s success?

Musk’s remarkable rise is largely due to a recent valuation of SpaceX at about $800 billion, after a tender offer that nearly doubled the company’s worth since August. Musk owns roughly 42% of SpaceX, and that, combined with his approximately 12% stake in Tesla, has propelled his net worth to an estimated **$677 billion according to Forbes.

This achievement not only underscores Musk’s influence in sectors like electric vehicles, space technology, and artificial intelligence but also highlights the growing concentration of wealth among a handful of tech giants.


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Here’s a look at the top 10 richest people in the world as Musk breaks new ground in global billionaire rankings:

  1. Larry Page – $252.6 billion

Co-founder of Google and Alphabet, Page holds the second spot with his wealth largely tied to Alphabet stock.

  1. Jeff Bezos – $249 billion

Founder of Amazon, Bezos remains one of the wealthiest individuals globally, despite stepping back from day-to-day leadership.

  1. Larry Ellison – $234.9 billion

Oracle’s co-founder and technology veteran, Ellison, rounds out the top four with substantial holdings in enterprise software.

  1. Sergey Brin – $247 billion

Another Google co-founder, Brin’s fortune is similarly linked to Alphabet’s long-standing dominance in search and digital advertising.

  1. Mark Zuckerberg – $225.3 billion

Meta CEO and co-founder Zuckerberg continues to amass wealth through his leadership in social platforms and AI initiatives.

  1. Bernard Arnault & family – $190.1 billion

The French luxury magnate heads Europe’s wealthiest contingent with his LVMH empire.

  1. Warren Buffett – $147.8 billion

Legendary investor and Berkshire Hathaway chairman Buffett remains a mainstay in the top rankings.

  1. Jensen Huang – $154.4 billion

NVIDIA’s CEO and co-founder has seen his net worth rise with the global demand for AI chips.

  1. Steve Ballmer – $145.4 billion

The former Microsoft CEO and current owner of the LA Clippers rounds out the top ten.

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As of late 2025, these billionaires reflect a mix of technology, luxury goods, investment, and semiconductors, industries that have consistently driven wealth creation globally.