?According to a Forbes article dated April 1, 2025, the club of billionaires with assets over $100 billion has expanded significantly. Here are some of the highlights:?
Billionaires on the rise: For the first time, 15 individuals worldwide have fortunes exceeding $100 billion, up from 14 last year and none in 2017. This elite group has a combined wealth of $2.4 trillion, representing about 15% of the total wealth of the world's 3,028 billionaires. ?
Elon Musk at the top: Elon Musk has reclaimed the top spot as the world's richest person, with a net worth of $342 billion. This 75% increase over 2024 is attributed to higher valuations for xAI and SpaceX, as well as a surge in Tesla stock.
Geographic diversity: The United States leads the list with the most billionaires, with 902 individuals on the list with a combined wealth of $6.75 trillion. China follows with 450 billionaires, while India ranks third with 205. ?
New members to the $100 billion club: In addition to Elon Musk, other individuals such as Bernard Arnault and Jeff Bezos are part of this exclusive club, reflecting the continued growth of wealth in various sectors. ?
This expansion of the billionaires' club with assets over $100 billion indicates a significant increase in global wealth, particularly in the technology and luxury sectors.
