Elon Musk Doubled His Fortune and Remains the Richest Man in the World
The gap between the richest man on the planet and the rest of the financial elite widened dramatically this Tuesday, March 10, following the publication of Forbes magazine's annual ranking.
TL;DR
- Elon Musk is the world's richest person for the second year in a row, with a fortune of $839 billion.
- Musk's wealth has more than doubled in the past year, significantly outpacing other top billionaires.
- The second and third richest individuals are Google co-founders Larry Page ($257 billion) and Sergey Brin ($237 billion).
- Musk's wealth is attributed to his stakes in companies such as Tesla, SpaceX, X, and xAI.
- The number of billionaires worldwide has increased to 3,428, a rise of 400 from the previous year.
- The total net worth of all billionaires has grown to $20.1 trillion.