Top 10 Richest People In The World As Of November 2025

Key Concepts

• Forbes Billionaires List
• Net Worth Fluctuations
• Stock Market Performance
• Company Earnings Reports
• AI Infrastructure
• Cloud Computing
• Semiconductor Industry
• Luxury Goods Market
• Social Media Platforms

Top 10 Richest People in the World: November 2025

This report details the Forbes billionaires list as of November 1st, 2025, at 12:00 a.m. Eastern time, highlighting significant shifts in the rankings and net worths of the world's wealthiest individuals during October 2025. The collective net worth of the top 10 individuals stands at $2.4 trillion, an increase of $100 billion since October 1st. Forbes has been tracking billionaires since 1987, and in April 2025, identified 3,028 billionaires globally.

Individual Rankings and Net Worth Changes

• Elon Musk: Remains the world's richest person with an estimated net worth of $497 billion, an increase of $6 billion from October 1st. He briefly surpassed $500 billion in October, becoming the first person to do so twice. Musk's lead over the second-richest person expanded by $28 billion. Tesla's shares saw a 3% increase in October.
• Larry Ellison: The co-founder of Oracle is the runner-up with an estimated net worth of $320 billion, a decrease of $22 billion. Oracle's shares fell by 7% in October. In mid-September, Ellison was briefly the second person to reach $400 billion, driven by strong revenue projections for Oracle's AI-powered cloud infrastructure business, which caused a 36% single-day stock surge. However, Oracle's shares later declined by 21% due to analyst concerns about profit margins and reliance on OpenAI.
• Jeff Bezos: Amazon's founder moved up to the third position with a net worth of $254 billion, an increase of $22 billion. Amazon's shares climbed 11% in October after the company exceeded Q3 earnings expectations. This move allowed Bezos to overtake Mark Zuckerberg for the first time since April.
• Mark Zuckerberg: The social media giant Meta's co-founder experienced the largest decline in net worth, falling by an estimated $29 billion to $223 billion. Meta missed third-quarter earnings expectations, causing its shares to drop by 12%. This resulted in Zuckerberg slipping from third to fifth place.
• Larry Page: Google's co-founder saw his fortune soar by $30 billion to $232 billion, moving him from fifth to fourth place. Shares of Alphabet, Google's parent company, rose by 16% following better-than-expected Q3 earnings.
• Sergey Brin: The other Google co-founder's fortune increased by $28 billion to $215 billion, maintaining his sixth-place ranking. He is one of only four individuals in the top 10 whose ranking remained unchanged.
• Bernard Arnault: The luxury goods tycoon and CEO of LVMH saw his fortune grow by $23 billion to $183 billion, securing the seventh position.
• Jensen Huang: Co-founder and CEO of Nvidia's fortune rose by $14 billion to $176 billion, placing him at number eight.
• Steve Ballmer: Former Microsoft CEO and owner of the LA Clippers holds the ninth spot with an unchanged net worth of $156 billion.
• Michael Dell: The founder of Dell Technologies re-entered the top 10 at number ten with a net worth of $155 billion, an increase of $14 billion. This rise was attributed to a 14% jump in Dell Technologies shares and a 12% increase in Broadcom shares. Forbes estimates Dell owns Broadcom stock acquired through the 2023 acquisition of VMware, a spin-off from Dell Technologies. He swapped places with Warren Buffett.
• Warren Buffett: The legendary investor's fortune fell by $7 billion to an estimated $143 billion, dropping him out of the top 10 for the first time in years.

Market Performance and Key Drivers

The S&P 500 index rose by 2% in October, providing a generally positive backdrop for the wealthiest individuals. Key drivers for net worth changes included:

• Technology Sector: Strong performance in AI-related cloud infrastructure (Oracle), semiconductor stocks (Broadcom), and search/advertising giants (Alphabet) significantly boosted fortunes.
• E-commerce: Amazon's Q3 earnings beat expectations, leading to a stock price increase.
• Social Media: Meta's missed earnings significantly impacted Zuckerberg's net worth.
• Luxury Goods: Bernard Arnault's continued wealth accumulation indicates strength in the luxury market.

Technical Terms and Concepts

• Net Worth: The total value of an individual's assets minus their liabilities.
• Stock Prices: The market value of a company's shares, which directly influences the net worth of shareholders.
• Earnings Expectations: Projections made by financial analysts regarding a company's future profitability.
• Cloud Infrastructure: The hardware and software components that enable cloud computing services.
• AI (Artificial Intelligence): The simulation of human intelligence processes by machines, especially computer systems.
• Profit Margins: The percentage of revenue that remains after deducting the cost of goods sold and operating expenses.
• S&P 500: A stock market index that represents the performance of 500 of the largest publicly traded companies in the United States.

Conclusion

The Forbes billionaires list for November 2025 reflects a dynamic financial landscape where stock market performance, driven by company earnings and sector-specific trends like AI development, plays a crucial role in wealth accumulation and distribution. While Elon Musk maintains his lead, significant shifts occurred among the top ranks, with Jeff Bezos and Larry Page making notable upward movements, and Mark Zuckerberg experiencing a substantial decline. The overall wealth of the top 10 individuals has increased, underscoring the continued growth in global wealth at the highest echelons.