The world could soon see its first trillionaires, with five individuals projected to reach the milestone within the next decade if current trends persist, according to Oxfam's annual inequality report released Sunday reported CNN Business.
Bernard Arnault has gained more wealth in 2025 than anyone else, including Elon Musk and Mark Zuckerberg. The LVMH CEO is now the world's fourth richest person after gaining $15 billion on Thursday.LVMH stock jumped 9% after a rival luxury goods company reported strong earnings.
The world will soon have five trillionaires as the wealth growth rate of its richest people rises faster than earlier estimates, according to a recent forecast.
Elon Musk, Mark Zuckerberg, and Jensen Huang have contributed to a staggering combined net worth of $10 trillion.
One might assume that Mark Zuckerberg’s houses consist primarily of sleek Silicon Valley mansions. That’s not wrong—the Facebook (now known as Meta) founder does own a compound not far from his office—but as his fortune has grown over the years,
The net worth of the six richest people in the crowd at Donald Trump's inauguration is roughly equal to a third of the value of the entire UK economy.
What makes the luxury watch special is that Greubel Forsey states on its website that it produces only two to three Hand Made 1 models each year. The website also reveals that the
Big tech leaders, once celebrated as disruptors, now operate as gatekeepers, shaping governance, public opinion, and the very fabric of democracy.
Elon Musk, Jeff Bezos, and three others are projected to become trillionaires over the next decade, further deepening global inequality as poverty levels remain stagnant.
Tesla and SpaceX CEO Elon Musk, currently the world’s richest person worth more than $430 billion, should cross the mark in just under five years. He will soon be joined by Amazon founder Jeff Bezos, Oracle founder Larry Ellison, Meta CEO Mark Zuckerberg and LVMH CEO Bernard Arnault and family.
The wealth of the world’s billionaires including Nigeria’s Aliko Dangote, Tesla and SpaceX chief executive, Elon Musk and others grew by $2trillion (£1.64trillion) in 2024, three times faster than in 2023, amounting to $5.7billion a day, according to a report by Oxfam .
Donald Trump will be sworn in today as the 47th president of the United States, a couple of months after one of the most polarized presidential elections in US history. His inauguration coincides with MLK Day, when our country pauses to celebrate the life and legacy of Martin Luther King Jr.