World's Wealthiest Individuals in August 2025 (Ranked)
In the world of billionaires, Elon Musk reigns supreme with a net worth of $408.5 billion, making him the wealthiest individual globally. The list of the world's richest people, as compiled by Forbes, has undergone some significant shifts since July 1, with eight out of the top 10 seeing their fortunes grow, collectively amassing a staggering $2.1 trillion.
The top 10 richest people in the world, as of August 1, 2025, are:
- Elon Musk – $408.5 billion (USA)
- Larry Ellison – $296.1 billion (USA)
- Jeff Bezos – $243.6 billion (USA)
- Mark Zuckerberg – $241.6 billion (USA)
- Larry Page – $160.8 billion (USA)
- Sergey Brin – $153.5 billion (USA)
- Jensen Huang – $152.7 billion (USA)
- Bernard Arnault – $147.9 billion (France)
- Steve Ballmer – $144 billion (USA)
- Warren Buffett – $142.1 billion (USA)
Nine out of the top 10 are Americans, with Bernard Arnault from France being the only non-U.S. citizen. The tech industry, automotive and space technology, software, internet search, social media, semiconductors, luxury goods, and investments are just a few of the industries these billionaires have made their fortunes from.
Jensen Huang, CEO of Nvidia, is the sixth richest person in the world, with a net worth of nearly $155 billion. Larry Page, cofounder of Google and a board member of Alphabet, is the fifth richest with a net worth of $160.8 billion. Larry Ellison, cofounder of Oracle, is the world's No. 2 richest, with a fortune of $296.1 billion.
Elon Musk, the world's richest person, saw his fortune drop $5.5 billion in the past month due to a 3% decline in the price of electric vehicle firm Tesla's shares. In contrast, Larry Ellison's fortune increased by $37 billion in a month, reaching just shy of $300 billion.
Warren Buffett, CEO of Berkshire Hathaway, announced he will retire at the end of 2025. Steve Ballmer, former CEO of Microsoft and current owner of the Los Angeles Clippers, is worth $144 billion. Bernard Arnault, CEO and chairman of luxury goods group LVMH, has a net worth of $147.9 billion and resides in Paris.
The Real Time list of billionaires by Forbes tracks daily changes in net worth, providing a dynamic snapshot of the world's wealthiest individuals. The list is subject to constant flux, reflecting the ever-changing landscape of global finance and industry.
[1] [2] [3] - Sources for further reading on the wealth and industries of the world's richest people.
- The tech industry, in which companies like Oracle, Google, and Nvidia have thrived, has played a significant role in the fortunes of many billionaires.
- Elon Musk, the wealthiest individual globally, loses a portion of his fortune due to fluctuations in the price of Tesla shares.
- Following Elon Musk, the top 10 richest people in the world, as of August 1, 2025, include business leaders from various industries such as luxury goods, software, internet, social media, and investments.
- Despite being American citizens, the industries these billionaires bring wealth from are diverse, ranging from technology and automotive to luxury goods.
- The world of finance continually evolves with influential figures as Forbes' Real Time list delves into the ever-changing landscape of global finance and industry, reflecting the increasing presence of artificial intelligence, entertainment, and pop-culture in personal-finance and business.
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