Musk’s net worth has soared to $423 billion, fueled by a 23% surge in Tesla’s stock following reports of company’s upcoming robotaxi launch
NEW YORK: (UrduPoint/Pakistan Point News-June 2nd, 2025) Elon Musk on Monday reclaimed the title of the world’s richest person, according to Forbes’ latest billionaire rankings for June 2025.
Musk’s net worth has soared to $423 billion, fueled by a 23% surge in Tesla’s stock following reports of the company’s upcoming robotaxi launch.
This marks a significant comeback for the tech mogul and SpaceX founder, placing him back at the top of the global wealth ladder.
In a major shift, Meta CEO Mark Zuckerberg has climbed to second place, overtaking Amazon founder Jeff Bezos. Zuckerberg’s net worth increased by $34 billion, bringing his total to $224 billion. Meanwhile, Bezos saw a more modest gain of $19 billion, bringing his fortune to $220 billion.
Former microsoft CEO Steve Ballmer also moved up the rankings, surpassing Spanish fashion tycoon Amancio Ortega to claim the ninth spot with $133 billion.
Warren Buffett, chairman of Berkshire Hathaway, suffered the biggest loss among the top ten. A 5% decline in the company's shares reduced his wealth by $9 billion, bringing it to $158 billion.
French luxury magnate Bernard Arnault, head of LVMH, also saw a decrease of $3 billion, now holding $144 billion in total wealth.
According to Forbes, the combined net worth of the world’s 10 richest individuals has now reached $1.9 trillion, an increase of $140 billion compared to May 2025.
Forbes – Top 10 Richest People in the World (June 2025)
Elon Musk – $423 billion
Mark Zuckerberg – $224 billion
Jeff Bezos – $220 billion
Larry Ellison – $206 billion
Warren Buffett – $158 billion
Bernard Arnault – $144 billion
Larry Page – $142 billion
Sergey Brin – $136 billion
Steve Ballmer – $133 billion
Amancio Ortega – $124 billion
