World’s Top 10 Billionaires List – August 2025 Update

On August 1, 2025, Forbes released its much-anticipated list of the Top 10 Richest People in the World , based on real-time net worth and asset valuations. The report was widely covered by Hindustan Times, Economic Times, and BusinessDor, confirming shifts in wealth rankings due to developments in the tech and AI sectors.

The list continues to be dominated by American billionaires, with one European making the cut. From electric vehicles and AI chips to luxury fashion and online retail, these individuals lead companies that influence how we live, work, shop, and even dream of the future.

This breakdown gives you a quick and clear overview of who made it to the top, what they do, and how they got there. Let’s get started.

 1.Elon Musk – $408 Billion- Top 10 billionaires list 

CEO, Tesla | Founder, SpaceX, xAI, Neuralink, The Boring Company

Industries: Electric Vehicles, Aerospace, Artificial Intelligence

Main companies: Tesla (EV), SpaceX (space tech), xAI (AI), Neuralink (brain-machine), Boring Company (infrastructure)

Notable for: Reusable rockets, Mars mission, advanced AI research

Source of wealth: Tesla stock, SpaceX valuation, private ventures

“Elon Musk heads multiple revolutionary ventures, not just one.” From self-driving electric cars to sending humans to Mars, his bold ideas have made him the world’s richest person. His latest project, xAI, aims to rival other AI giants like OpenAI. Musk’s wealth passed $400 billion thanks to booming Tesla stocks and private SpaceX funding rounds.

2.Larry Ellison – $296 Billion

Chairman & CTO, Oracle Corporation

Industry: Enterprise Software and Cloud Computing

Co-founded Oracle in 1977

Owns large stake in Oracle and luxury real estate

Known for transforming how businesses use databases and cloud tech

3.Jeff Bezos – $243 Billion

Founder of Amazon | Owner of Blue Origin and The Washington Post

Industry: E-commerce, Aerospace, Media

Built Amazon from a garage startup to a global tech giant

Stepped down as CEO, now Executive Chairman

Backed by AWS, diverse investments, and Blue Origin, his fortune continues to soar.

 4.Mark Zuckerberg – $242 Billion

CEO, Meta Platforms (Facebook, Instagram, WhatsApp)

Industry: Social Media, Virtual Reality

Founder of Facebook, launched in 2004

Now leading Meta’s move toward metaverse tech

Owns about 13% of Meta stock

Active philanthropist through Chan Zuckerberg Initiative

 5.Larry Page – $161 Billion

Co-founder of Google | Board Member at Alphabet Inc.

Industry: Search Engine, AI, Cloud Computing

Launched Google in 1998 with Sergey Brin

Stepped down as Alphabet CEO in 2019

Holds strong voting power through Alphabet shares

Invests in clean energy and advanced tech

 6.Sergey Brin – $153 Billion

Co-founder of Google | Former President of Alphabet Inc.

Industry: Technology and Internet Services

Long-time partner to Larry Page

Retains major ownership in Alphabet

Focuses on philanthropy and private tech ventures

7.Jensen Huang – $153 Billion

CEO and Co-founder, NVIDIA Corporation

Industry: Semiconductor, AI, Gaming

Leads NVIDIA, the top chipmaker for AI and gaming

The AI boom and soaring demand for GPUs have driven his fortune upward.

Recognized for innovation in visual computing

A breakout billionaire thanks to the AI revolution

 8.Bernard Arnault & Family – $148 Billion

Chairman and CEO, LVMH (Moët Hennessy Louis Vuitton)

Industry: Luxury Goods and Fashion

His empire spans over 70 luxury brands such as Louis Vuitton, Dior, and Sephora.

Only European in the top 10

Known for bringing art and business together

Long-term leader in global fashion industry

 9.Steve Ballmer – $144 Billion

Ex-CEO of Microsoft and proud owner of the NBA’s Los Angeles Clippers.

Industry: Software and Sports

Took over Microsoft as CEO in 2000

Wealth comes from Microsoft shares

Bought the LA Clippers NBA team in 2014

Invests in education and public health

 10.Warren Buffett – $142 Billion

Chairman and CEO, Berkshire Hathaway

Industry: Investment, Insurance, Consumer Goods

Known as the “Oracle of Omaha”

Built fortune through value investing strategies

Company owns Geico, Dairy Queen, Duracell, and more

Co-founded the Giving Pledge with Bill Gates

Key Takeaways

9 out of the 10 richest people are American citizens in the top 10 billionaires list .

Most of the wealth comes from technology-driven sectors like AI, software, and e-commerce.

Musk is the only billionaire to exceed the $400 billion mark this year.

New entrants like Jensen Huang reflect the AI boom that’s reshaping global wealth.