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.
In a recent interview with Time, President Donald Trump reaffirmed his stance on high tariffs, stating that they could remain in place for the foreseeable future, even suggesting that a “total victory” would mean import taxes as high as 50% within a year.
Anthropic, the AI startup behind the Claude chatbot, unveiled two major updates on Thursday aimed at expanding the utility and performance of its AI platform.
The United States is urging both Congo and Rwanda to sign a peace agreement at the White House in the coming months,accompanied by mineral deals that would attract billions of dollars in Western investment to the region, according to Massad Boulos, President Donald Trump's senior advisor for Africa.
U.S. President Donald Trump is set to release his fiscal year 2026 budget on Friday, which will be sent to Capitol Hill for review, Axios reported on Thursday.
The Democratic Republic of the Congo has confirmed an anthrax outbreak in the eastern North Kivu Province, resulting in one death, the World Health Organization (WHO) said on Thursday.
In a recent interview with Time, President Donald Trump reaffirmed his stance on high tariffs, stating that they could remain in place for the foreseeable future, even suggesting that a “total victory” would mean import taxes as high as 50% within a year.
The European Union is making significant progress toward securing a €50 billion trade deal with the United States, according to EU Trade Commissioner Maroš Šefčovič.
ChatGPT has rapidly emerged as one of the most influential artificial intelligence tools, transforming how we interact with technology through natural language.
Venezuela's economy saw a year-over-year growth of 9.3% in the first quarter of 2025, according to the country's central bank. This marks a slight increase compared to the 9.1% growth rate recorded in the same period last year.
Anthropic, the AI startup behind the Claude chatbot, unveiled two major updates on Thursday aimed at expanding the utility and performance of its AI platform.
In an expansive interview marking his first 100 days back in office, President Donald Trump sketched out an agenda that touches everything from punitive tariffs and China policy to cease-fire hopes in Ukraine and an overhaul of domestic programmes. Below are the highlights.
A deadly explosion at Iran’s Bandar Abbas port has left at least 40 dead, with more than 1,200 people injured, state media reported on Sunday, halting operations at one of the country’s most vital trade hubs.
A vehicle crashed into a crowd at a Filipino festival in Vancouver, killing 11 and injuring dozens.
North Korea has launched a new 5,000-tonne destroyer as part of Kim Jong Un’s plans to expand the country’s naval power far beyond its coastal waters.
A massive explosion at Shahid Rajaee Port in southern Iran on Saturday killed at least four people and injured nearly 600 others, officials said, prompting an urgent government investigation.
In a recent interview with Time, President Donald Trump reaffirmed his stance on high tariffs, stating that they could remain in place for the foreseeable future, even suggesting that a “total victory” would mean import taxes as high as 50% within a year.
The European Union is making significant progress toward securing a €50 billion trade deal with the United States, according to EU Trade Commissioner Maroš Šefčovič.
Venezuela's economy saw a year-over-year growth of 9.3% in the first quarter of 2025, according to the country's central bank. This marks a slight increase compared to the 9.1% growth rate recorded in the same period last year.
Anthropic, the AI startup behind the Claude chatbot, unveiled two major updates on Thursday aimed at expanding the utility and performance of its AI platform.
Ukraine's parliament will ratify within the next few weeks a deal with the United States on developing minerals, First Deputy Prime Minister Yulia Svyrydenko said on Thursday.
In a recent interview with Time, President Donald Trump reaffirmed his stance on high tariffs, stating that they could remain in place for the foreseeable future, even suggesting that a “total victory” would mean import taxes as high as 50% within a year.
The European Union is making significant progress toward securing a €50 billion trade deal with the United States, according to EU Trade Commissioner Maroš Šefčovič.
ChatGPT has rapidly emerged as one of the most influential artificial intelligence tools, transforming how we interact with technology through natural language.
Venezuela's economy saw a year-over-year growth of 9.3% in the first quarter of 2025, according to the country's central bank. This marks a slight increase compared to the 9.1% growth rate recorded in the same period last year.
Anthropic, the AI startup behind the Claude chatbot, unveiled two major updates on Thursday aimed at expanding the utility and performance of its AI platform.
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