Ammon News - Elon Musk has reclaimed the top spot on the Hurun Global Billionaires list for the fourth time in five years.

Musk's net worth surged to an extraordinary $400 billion, making him the first individual to surpass this monumental threshold. However, he is not alone at the top.

The list highlights several prominent figures whose fortunes also continue to grow, including Jeff Bezos and Mark Zuckerberg, who trail Musk closely in the rankings.

Musk’s wealth increase of $189 billion—an 82% jump—was primarily driven by a significant rise in Tesla’s stock price, often attributed to the so-called ‘Trump effect,’ which saw the electric vehicle maker’s value soar.

However, since the January 15th, 2025 cutoff date for the rankings, Musk’s fortune has seen a slight decline of approximately $100 billion, influenced by various factors such as his involvement with the cryptocurrency Dogecoin, political activism, and rising competition from Chinese companies. Despite these setbacks, Musk remains comfortably at the top of the global wealth rankings.

Jeff Bezos holds firm at second spot

At 61, Amazon founder Jeff Bezos continues to maintain his position as the second wealthiest person globally, with a net worth of $266 billion—up by 44%. Bezos’ wealth surge is largely credited to the growth of Amazon’s stock price, buoyed by investor optimism regarding the company’s cost-cutting measures and advancements in its AI and cloud services sectors.

Bezos is followed closely by Meta CEO Mark Zuckerberg. Economic Times