For the 40th year Forbes magazine has ranked the wealthiest people on Earth for its annual World’s Billionaires List.
This year there are a record 3,428 billionaires making the grade with a combined net worth of $20.1 trillion - that’s up $4 trillion from last year and is the largest concentration of wealth ever recorded.
Once again Elon Musk tops the list by a considerable distance, with 20 people now worth more than $100 billion (up from just 15 last year).
There are 390 newcomers, including Beyoncé Knowles-Carter, Dr. Dre and Roger Federer.
Meanwhile American President Donald Trump’s net worth rose 27 per cent to $6.5 billion, making him the 645th richest person in the world.
Here are the top 20 richest billionaires according to the list.
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5. Mark Zuckerberg - $222 billion
Mark Zuckerberg, the founder of Facebook (when he was just 19), was one of several billionaires with a prime seat at President Trump's inauguration in 2025. He's back in the top five after dropping out for the first time in years at the end of 2025, with a fortune of around $222 billion. That's only slightly more than the $219.9 billion he was worth a year earlier. | Getty Images
6. Larry Ellison - $190 billion
Oracle founder Larry Ellison, who owns 98 per cent of Lānaʻi, the sixth-largest island in Hawaii, has dropped out of the top five in the billionaires rich list with a fortune estimated at $190 billion. The software guru has been advising President Trump on matters relating to Artificial Intelligence. | Getty Images
7. Bernard Arnault and family - $171 billion
As recently as 2024 French luxury goods titan Bernard Arnault topped the world billionaires ranking but he's now dropped to seventh, with wealth of 'just' $171 billion - down from $195.1 billion at the start of 2025. His money comes from the conglomerate LVMH which owns a host of global brands like Louis Vuitton and Sephora. | AFP via Getty Images
8. Jensen Huang - $154 billion
Taiwanese tycoon Jensen Huang is the president and co-founder of Nvidia, the world's largest semiconductor company. He's benefitting massively from the boom in AI technology, with his fortune now standing at $154 billion. And it's set to rise further. | AFP via Getty Images