His fortune is estimated at $722 billion, which is $103 billion more than at the beginning of the year, indicating a significant increase in his wealth.
In second place on the list is Google co-founder Larry Page with a fortune of $327 billion, while third place is held by another Google co-founder, Sergey Brin, with a net worth of $304 billion.
The top ten also includes Amazon founder Jeff Bezos ($287 billion), Oracle CEO Larry Ellison ($244 billion), Meta CEO Mark Zuckerberg ($216 billion), Nvidia CEO Jensen Huang ($182 billion), Dell founder Michael Dell ($175 billion), LVMH controlling shareholder Bernard Arnault ($161 billion), and Jim Walton, a member of the Walmart founding family ($145 billion).
The ranking notes that there are no representatives from Ukraine among the world’s top billionaires, though there are several dozen businesspeople from Russia.
The richest Russian is Severstal owner Alexey Mordashov, who is subject to Western sanctions and ranks 82nd in the world with a fortune of $29.7 billion.
As a reminder, Elon Musk’s artificial intelligence company xAI intends to invest $2.8 billion in the purchase of additional gas turbines to power its data centers. This comes amid an ongoing lawsuit against the company over air pollution near Memphis (U.S.).
Elon Musk stated that a degree is not always an indicator of a quality education.
American billionaire Elon Musk has amended his lawsuit against OpenAI, demanding that the company’s CEO, Sam Altman, be removed from the board of directors of the controlling charitable foundation. The entrepreneur is also seeking more than $150 billion in damages from OpenAI and Microsoft.