Mark Zuckerberg claimed the title of the world’s third-wealthiest person Monday, but is still behind tech billionaires Jeff Bezos and Elon Musk.
Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand boosted LVMH stock.
Elon Musk, Mark Zuckerberg, and Jensen Huang have contributed to a staggering combined net worth of $10 trillion.
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.
Oxfam’s latest inequality report, unveiled on the eve of the World Economic Forum in Davos, projects that five billionaires, led by Elon Musk, are set to surpass $1 trillion in wealth within a decade.
After outgoing US President Joe Biden recently warned Americans of the threat oligarchy poses for the country, a Fortune report found that the world’s richest consolidated wealth and became $1.5 trillion richer in his term.
The two billionaires had previously swapped positions in the rankings just days earlier, with Ellison briefly holding the third spot before this latest update.
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Meta founder Mark Zuckerberg surpassed Oracle founder Larry Ellison to become the third-wealthiest person in the world on Monday (January 6), according to Forbes’ Real-Time Billionaire List. This comes after a back-and-forth exchange between the two tech moguls on Friday.
A fashion mogul has gained more wealth this year than Elon Musk, Mark Zuckerberg ... He leapfrogged Oracle cofounder Larry Ellison on Thursday to take fourth place on Bloomberg's rich list ...