1. Elon Musk: $353 billion
Elon Musk owns a large proportion of X, formerly Twitter, the social media platform he bought for $44 billion in late 2022.
The South African businessman’s wealth is linked to the success of Tesla, his electric car company.
Musk also owns the majority of X, formerly Twitter, the social media platform he bought for $44 billion in late 2022.
He also owns a large stake in Space X and has stakes in brain implant company Neuralink and The Boring Company.
2. Jeff Bezos: $238 billion
Bezos owns retail giant Amazon, as well as The Washington Post and Blue Origin.
The American businessman is the president and founder of Amazon, which he launched in his Seattle garage in 1994.
The retail giant is now considered a technology company because many of its profits are generated through its AWS cloud computing service.
Bezos also owns The Washington Post and Blue Origin, an aerospace company that develops rockets.
The mogul said in a 2022 interview with CNN that he plans to give away most of his wealth during his lifetime, although he did not give specific details.
3. Mark Zuckerberg: $217 billion
Mark Zuckerberg, 40, is among the youngest of the billionaire tech moguls
The Facebook founder started the social media platform when he was 19 years old and an undergraduate at Harvard in 2004.
Among the youngest tech moguls, the 40-year-old took his company public in 2012.
The company took over Instagram and Zuckerberg changed its name to Meta in 2021 to focus his attention on the metaverse.
Zuckerberg is a co-owner of Meta and the company’s stock nearly tripled in value last year.
4. Larry Ellison: $203 billion
Larry Ellison began his career working as a programmer but soon decided he wanted to work for himself.
Another technology founder, Larry Ellison, accumulated his wealth thanks to Oracle, one of the largest software companies in the world.
The New York native began his career working as a programmer but soon decided he wanted to work for himself.
He worked with two friends to establish a new type of database management system that was more efficient than its competitors.
Oracle was an instant success in the 1980s and has endured as one of the leading software companies, earning $53 billion in revenue in fiscal 2024.
Ellison also has a company that owns two luxury resorts on the Hawaiian island of Lanai and has invested heavily in Tesla.
5. Bernard Arnault: 187 billion dollars
Bernard Arnault, 75, is the chief executive of French luxury conglomerate LVMH.
Arnault serves as CEO and chairman of French luxury conglomerate LVMH, owner of well-known brands such as Louis Vuitton, Tiffany & Co and Dom Pérignon.
But the bulk of his fortune comes from his 97.5 percent stake in Christian Dior, according to Bloomberg.
In 2022, the 75-year-old businessman raised LMVH’s mandatory retirement age to 80, giving him another five years of control.
His five children work at LVHM and its brands.
Source: Bloomberg Billionaires Index
Note: The list of billionaires may change daily as the ranking is based on stock valuations.