trio of ultra-rich personalities amass an eye-popping $1 trillion collective wealth
In the dynamic world of tech, three names have risen to the forefront, creating a formidable trio at the helm of the $100 billion club. According to the latest reports, Elon Musk, Larry Ellison, and Mark Zuckerberg are the world's three wealthiest individuals, with a combined net worth of $1.03 trillion.
Elon Musk, the visionary behind Tesla and SpaceX, owns approximately 13% of Tesla and 42% of SpaceX. His net worth has surged in 2025, despite a year-to-date decrease of $14 billion. Musk's fortune currently stands at $419 billion, as of last Friday's market close. In a bold move, Musk purchased around $1 billion worth of Tesla stock on Friday, signaling his confidence in increasing Tesla's market value.
Larry Ellison, co-founder of Oracle, holds about a 41% stake in the company. His net worth has nearly doubled this year, surging by $157 billion, making him the second wealthiest individual on the list with a net worth of $349 billion.
Mark Zuckerberg, the face of Meta, has a 13% stake in the company. His wealth has also jumped by $58 billion, largely attributed to investor optimism surrounding artificial intelligence's potential to reduce corporate costs and enhance profitability. Zuckerberg's current net worth is around $265 billion.
The trio's combined net worth is not only higher than the market values of corporate giants like JPMorgan and Walmart, but it is also close to the market capitalization of Warren Buffett's Berkshire Hathaway. However, Warren Buffett and Bill Gates have fallen behind the top 10 with $118 billion and less respectively.
The additional 14 members of the $100 billion club, mainly dominated by US tech elites, include Jensen Huang (Nvidia) and others who have benefited from the booming AI, cloud, and semiconductor industries.
Interestingly, the rebound in Tesla shares occurred amid Musk-Trump tensions, with Musk's Tesla shares rebounding in premarket trading. On the other hand, Trump's tariff plan is struggling as interest costs exceed revenue.
As we move forward, it is worth noting that Elon Musk could potentially become the world's first trillionaire if a proposed new pay package is approved. This would undoubtedly shake up the global financial landscape.
Your thoughts and opinions on this development are welcome in the comments section below. Stay tuned to Daily and Global Logistics for more updates on this evolving story.
Read also:
- TikTok's deal negotiations continue following a conversation between Xi and Trump
- Trump announces agreement with Chinese authorities on TikTok deal
- Quantum Computing Market in the Automotive Sector Forecast to Expand to $6,462.13 Million by 2034
- Texas finalizes 1.8 billion dollars for the construction of solar, battery, and gas-fueled mini-grids