Elon Musk, Larry Ellison, Mark Zuckerberg, Jeff Bezos, Larry Page, Sergey Brin, Bernard Arnault, Steve Ballmer, Jensen Huang, and Warren Buffett continue to dominate Forbes’ September 2025 billionaire ranking with fortunes shaped by shifting market dynamics.
Billionaire Wealth Sees Mixed Movements
The end of August brought record highs in U.S. stock indexes, but fortunes among the richest did not rise equally. Forbes data shows the combined wealth of the top 10 billionaires climbed just 1%, adding $21 billion overall and reaching $2.13 trillion.
Six of the group increased their wealth, while four saw declines. Market volatility, particularly in technology shares, shaped these shifts.
Elon Musk Extends His Lead
Elon Musk tops the list with an estimated net worth of $415.6 billion, up $14.4 billion from the previous month. His wealth is tied to Tesla, SpaceX, xAI, and social media platform X.
Musk has been the richest individual globally since May 2024. His lead over the runner-up, Larry Ellison, now exceeds $144 billion, underscoring his dominance across sectors ranging from electric vehicles to space exploration.
Oracle’s Ellison Holds Second Spot Despite Losses
Larry Ellison, co-founder of Oracle, ranks second with $270.9 billion. His wealth shrank by nearly $29 billion in August after Oracle shares slipped close to 10%. Only a month earlier, Ellison had posted one of the largest gains of the year, highlighting how quickly market swings can alter rankings.
Ellison remains focused on expanding Oracle’s presence in cloud computing and artificial intelligence, sectors that continue to shape global tech competition.
Google Founders Add Billions
Larry Page and Sergey Brin, the duo behind Google, had one of their strongest months in years. Page’s wealth rose by $20.3 billion to $178.3 billion, while Brin’s fortune increased by $15.1 billion to $165.9 billion.
The surge came after Alphabet stock gained about 9%, setting new highs. With this rise, Brin overtook Jensen Huang of Nvidia, moving up to sixth place.
Nvidia’s Jensen Huang Faces Setback
Jensen Huang’s net worth dropped to $150.4 billion after losing $3.5 billion in August. The decline was triggered when Alibaba announced progress on its own semiconductor chips, raising concerns about competition in China. Nvidia stock reacted immediately, cutting into Huang’s recent gains.
Still, Huang continues to play a central role in the global chip industry, with Nvidia maintaining a strong position in AI hardware.
Arnault Strengthens Position in Luxury
Bernard Arnault, head of French luxury giant LVMH, saw his fortune climb by $11.2 billion in August, reaching $154.1 billion. Arnault rose from 10th to 7th place, reaffirming the resilience of high-end brands in an uncertain economy.
Arnault remains the only non-American among the world’s 10 richest individuals, a reminder of Europe’s limited but strong representation in the billionaire rankings.
Other Billionaires in the Top 10
- Mark Zuckerberg, CEO of Meta, ranks third with $253 billion, driven by growth in digital platforms and AI initiatives.
- Jeff Bezos, founder of Amazon and space company Blue Origin, is fourth at $240.9 billion.
- Steve Ballmer, former Microsoft chief executive and owner of the LA Clippers, sits in eighth place with $151.3 billion.
- Warren Buffett, legendary investor and CEO of Berkshire Hathaway, ties Huang with $150.4 billion, supported by his company’s diverse holdings.
September 2025 Top 10 Billionaires
| Rank | Name | Net Worth (Billion $) | Wealth Source |
|---|---|---|---|
| 1 | Elon Musk | 415.6 | Tesla, SpaceX, xAI, X |
| 2 | Larry Ellison | 270.9 | Oracle |
| 3 | Mark Zuckerberg | 253.0 | Meta |
| 4 | Jeff Bezos | 240.9 | Amazon, Blue Origin |
| 5 | Larry Page | 178.3 | |
| 6 | Sergey Brin | 165.9 | |
| 7 | Bernard Arnault | 154.1 | LVMH |
| 8 | Steve Ballmer | 151.3 | Microsoft, LA Clippers |
| 9 | Jensen Huang | 150.4 | Nvidia |
| 10 | Warren Buffett | 150.4 | Berkshire Hathaway |
Key Notes
- Musk remains the wealthiest since May 2024.
- Ellison secures the number two position for the third consecutive month.
- Nine of the top 10 are American; Arnault represents Europe.
- As of September 2025, all top 10 billionaires are men.
Conclusion
The September 2025 billionaire list highlights how global markets continue to reshape personal fortunes. Elon Musk has further expanded his lead, Larry Ellison endured a sharp monthly loss, and Bernard Arnault climbed higher thanks to luxury resilience. The ranking illustrates both the dominance of U.S. technology moguls and the ongoing influence of luxury brands on global wealth.
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