Elon Musk has reclaimed his position as the world's richest individual, surpassing Bernard Arnault on Forbes' 39th Annual Billionaires list, while President Donald Trump has seen his wealth more than double, highlighting significant shifts in the global financial landscape.
Elon Musk has reclaimed the title of the world’s richest individual, according to Forbes' annual billionaires list, despite facing financial challenges and some criticism related to his involvement with the Trump administration.
Meanwhile, President Donald Trump has seen his wealth more than double, as reported by metro.co.uk.
Forbes' 39th Annual World’s Billionaires list, released on Tuesday, features a record 3,028 billionaires, the highest number since the list’s inception in 1987. This year’s list includes a record 15 individuals with wealth surpassing $10 billion, collectively contributing to a combined net worth of $16.1 trillion.
Musk, the CEO of Tesla, SpaceX, and owner of X (formerly Twitter), saw his net worth rise by 75%, reaching approximately $342 billion. He became the first person ever to exceed $300 billion in wealth, overtaking Bernard Arnault, CEO of LVMH Moët Hennessy Louis Vuitton, the world's largest luxury goods company.
Musk’s wealth spike is attributed to the rising valuations of SpaceX and xAI, as well as a consistent increase in Tesla stock. Despite a 36% drop in Tesla stock during the first quarter of this year, Musk’s fortune remains largely unaffected, securing his top position in the 2025 list.
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The Ashgabat forum in Turkmenistan brought together Russian President Vladimir Putin, Turkish President Recep Tayyip Erdoğan, and Iranian President Masoud Pezeshkian, raising questions about whether Russia remains connected to regional partners despite Western sanctions.
A bulk carrier struck during a Russian attack on Ukraine’s southern coast on Friday is owned by a Turkish company, a source familiar with the incident told Reuters.
A former estate of drug lord Pablo Escobar, now a wildlife park in Colombia, has marked Christmas by setting animals festive feeding challenges designed to boost their mental and physical health.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 12th of December, covering the latest developments you need to know.
Japan has lifted a tsunami advisory issued after an earthquake with a magnitude of 6.9 hit the country's northeastern region on Friday (12 December), the Japan Meteorological Agency (JMA) said. The JMA had earlier put the earthquake's preliminary magnitude at 6.7.
Iran is preparing to host a multilateral regional meeting next week in a bid to mediate between Afghanistan and Pakistan.
The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
Iran's President Massoud Pezeshkian has begun a two day visit to Kazakhstan, with officials from both sides describing the trip as an opportunity to advance cooperation in trade, transport, industry, mining and cultural exchanges.
China’s Ministry of Foreign Affairs has urged Afghanistan and Pakistan to resolve their tensions through dialogue and engagement, as it pledged to work with the international community to help improve relations between the two countries.
The Ashgabat forum in Turkmenistan brought together Russian President Vladimir Putin, Turkish President Recep Tayyip Erdoğan, and Iranian President Masoud Pezeshkian, raising questions about whether Russia remains connected to regional partners despite Western sanctions.
A bulk carrier struck during a Russian attack on Ukraine’s southern coast on Friday is owned by a Turkish company, a source familiar with the incident told Reuters.
Chinese Foreign Minister Wang Yi has begun a multi-nation diplomatic tour of the Middle East, showing Beijing’s deepening engagement in a region undergoing conflicts, shifting alliances and major geopolitical realignments.
Pakistan and China are conducting a joint counterterrorism exercise, Warrior IX, to strengthen military cooperation. The drill comes at a time of renewed regional instability, with analysts saying it underscores both countries’ determination to deepen security ties.
A former estate of drug lord Pablo Escobar, now a wildlife park in Colombia, has marked Christmas by setting animals festive feeding challenges designed to boost their mental and physical health.
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