The top 10 wealthiest individuals in the world have been revealed. Forbes has shared its updated billionaires list. Elon Musk added a staggering 244 billion to his fortune just as the clock struck midnight on January 1st. The leading economic magazine, Forbes, stated in its announcement, 'Musk, the wealthiest person on the planet, is now almost three times richer than Larry Page, the co-founder of Google, who is in second place.'
Forbes has unveiled the top ten wealthiest individuals on the planet, with Elon Musk clinching the title of 'the richest person on Earth'.
The renowned economic magazine, Forbes, which has been tracking the world's billionaires since 1987, disclosed the wealthiest individuals as of 00:00 on January 1, 2026.
Here are the ten most affluent people in the world:
1. Elon Musk
2. Larry Page
3. Larry Ellison
4. Jeff Bezos
5. Sergey Brin
6. Mark Zuckerberg
7. Bernard Arnault
8. Jensen Huang
9. Warren Buffett (rose from 10th place)
10. Steve Ballmer (ascended from 11th place)
Elon Musk has made history by becoming the first individual to amass a fortune of 700 billion dollars. Consequently, he has earned the title of 'the richest person on the planet', boasting a net worth three times greater than that of Google's co-founder, Larry Page.
Larry Page, who trails Musk as the second wealthiest individual, was the third biggest loser among the top ten richest people this month. Amidst the general declines in the S&P 500 and the tech-heavy Nasdaq, shares of Alphabet, Google's parent company, suffered a 2% drop in value. This downturn stripped a respective 5 billion and 6 billion dollars from the fortunes of Page and his co-founder, Sergey Brin.
Larry Ellison, co-founder of Oracle and the third richest person in the world, experienced even greater losses without falling out of the top ten. Oracle's shares plunged by 3%, thereby reducing Ellison's fortune by 8 billion dollars to an estimated 245 billion dollars.