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.
The United States has added some of China's biggest technology and automotive companies, including Alibaba, Baidu, BYD and Nio, to a Pentagon list of ...
Iran and Israel said on Monday (8 June) they had halted attacks on each other following an appeal from U.S. President Donald Trump, as Axios reported...
The Democratic Republic of Congo's latest Ebola outbreak has claimed more than 100 lives, with health authorities warning that armed conflict and atta...
Somali referee Omar Abdulkadir Artan has been denied entry to the United States, preventing him from taking part in the FIFA World Cup 2026 and ending...
The results of the Armenian parliamentary elections pose no specific obstacles to the signing of a peace deal between Armenia and Azerbaijan, a foundi...
The United States has added some of China's biggest technology and automotive companies, including Alibaba, Baidu, BYD and Nio, to a Pentagon list of firms it believes are linked to Beijing's military.
Iran and Israel said on Monday (8 June) they had halted attacks on each other following an appeal from U.S. President Donald Trump, as Axios reported that Trump had privately told Benjamin Netanyahu “be careful, or you will be on your own very soon”.
The Democratic Republic of Congo's latest Ebola outbreak has claimed more than 100 lives, with health authorities warning that armed conflict and attacks on aid workers are hindering efforts to contain the disease.
Somali referee Omar Abdulkadir Artan has been denied entry to the United States, preventing him from taking part in the FIFA World Cup 2026 and ending what would have been a historic moment for Somali football.
Counting is underway in Armenia's elections. The results of the vote are set to determine the political direction of the country of three million people for the next few years. Prime Minister Nikol Pashinyan is hoping to fend off challenges from several pro-Russia candidates to secure a third term.
Armenian Prime Minister Nikol Pashinyan's Civil Contract party has won the Armenian elections, picking up nearly half the vote. With a majority in parliament, Pashinyan is set for a third term as Prime Minister. But an opposition politican has said he will challenge the election results.
The results of Armenia’s parliamentary elections will determine the makeup of the National Assembly and shape the country's political direction for the foreseeable future. But in Armenia, the final result is not decided by vote percentages alone. Here's how it works.
Barcelona is preparing to mark a historic milestone in the legacy of architect Antoni Gaudí as Pope Leo XIV visits the city this week to inaugurate the Tower of Jesus Christ at the Sagrada Família basilica, almost exactly 100 years after the visionary architect’s death.
Iran and Israel have halted strikes on each other, but Tehran has warned it will recommence attacks if Israel continues military action in Lebanon. U.S. President Donald Trump and Lebanese President Joseph Aoun have meanwhile made pleas for peace.
The United States has added some of China's biggest technology and automotive companies, including Alibaba, Baidu, BYD and Nio, to a Pentagon list of firms it believes are linked to Beijing's military.
The Democratic Republic of Congo's latest Ebola outbreak has claimed more than 100 lives, with health authorities warning that armed conflict and attacks on aid workers are hindering efforts to contain the disease.
Somali referee Omar Abdulkadir Artan has been denied entry to the United States, preventing him from taking part in the FIFA World Cup 2026 and ending what would have been a historic moment for Somali football.
The International Criminal Court's chief prosecutor, Karim Khan, has been suspended pending a vote by member states on whether he should be removed from office, following an investigation into allegations of sexual misconduct.
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