FORBES: Here are the 10 richest people on earth!

Fuelled by a hefty in rise in Tesla shares and a higher value for his AI startup, Elon Musk’s fortune grew by a whopping 25% during November, with his fortune surpassing $300 billion for the first time in two years.

Tesla’s stock surged after Donald Trump clinched the U.S. presidential victory on November 6, with shareholders betting on Musk’s close ties to Trump. 

Musk has been the world’s richest person since late May, and he’s just widened the gap between him and the No. 2 richest to more than $100 billion. His fortune briefly hit its highest ever level–$334 billion– on November 22, per Forbes’ estimates. 

As of midnight Eastern time on December 1, Musk is worth $330 billion–a whopping $66 billion more than on November 1. November was a banner month for several others among the world’s top 10 richest as well. 

Larry Ellison, ranked at No. 2, was the second biggest gainer. 

He got $22 billion wealthier during the month on the back of stronger shares of Oracle, the software company he cofounded and chairs, and is now worth an estimated nearly $227 billion. 

Amazon founder and chairman Jeff Bezos, ranked at No. 3 richest, got $19 billion richer thanks to an 11% jump in the e-commerce giant’s shares over the past month. 

At $223 billion, he’s worth just a few billion less than Ellison. Altogether, the world’s top 10 richest are worth an estimated $1.81 trillion as of December 1, up by $106 billion from a month ago. U.S. stock indices rallied following Trump’s election victory, with the S&P 500 index up nearly 3.6% for the month and the Nasdaq up 3.5%. 

The biggest loser of this elite group was French luxury goods titan Bernard Arnault, whose fortune fell by $9 billion during the month to an estimated $160.3 billion. 

Despite the drop, he held onto his spot as No. 5 richest. Shares of LVMH fell by about 6% during November and by 20% during the past six months amid weaker sales in China. 

Forbes has been keeping track of the world’s billionaires since 1987. 

In April we found 2,781 of them for our annual list. 

Here are the 10 richest people on earth as of December 1, 2024 at 12 a.m. Eastern time, according to Forbes. 

Stock prices fluctuate routinely, so these net worths may change on a daily basis. 

Forbes tracks the daily changes on our Real Time list of billionaires. 

Who are the top 10 richest people in the world?

As of November 1, 2024 at 12 a.m. ET

1. Elon Musk

2. Larry Ellison

3. Jeff Bezos

4. Mark Zuckerberg

5. Bernard Arnault

6. Warren Buffett

7. Larry Page

8. Sergey Brin

9. Steve Ballmer

10. Amancio Ortega

1. Elon Musk

Net worth: $330.1 billion

Source: Tesla, SpaceX, xAI, X

Age: 53

Residence: Austin, Texas

2. Larry Ellison

Net worth: $226.9 billion

Source: Oracle

Age: 80

Residence: Woodside, California

Citizenship: U.S.

3. Jeff Bezos

Net worth: $223.3 billion

Source: Amazon

Age: 60

Residence: Miami, Florida

Citizenship: U.S.

4. Mark Zuckerberg

Net worth: $198.7 billion

Source: Meta (Facebook)

Age: 40

Residence: Palo Alto, California

Citizenship: U.S.

5. Bernard Arnault

Net worth: $160.3 billion

Source: LVMH/ luxury goods

Age: 75

Residence: Paris

Citizenship: France

6. Warren Buffett

Net worth: $150.6 billion

Source: Berkshire Hathaway

Age: 94

Residence: Omaha, Nebraska

Citizenship: U.S.

7. Larry Page

Net worth: $140.4 billion

Source: Google

Age: 51

Residence: Palo Alto, California

Citizenship: U.S.

8. Sergey Brin

Net worth: $134.3 billion

Source: Google

Age: 51

Residence: Los Altos, California

Citizenship: U.S.

9. Steve Ballmer

Net worth: $124.8 billion

Source: Microsoft, Clippers, investments

Age: 68

Residence: Hunts Point, Washington

Citizenship: U.S.

10. Amancio Ortega

Net worth: $123.8 billion

Source: Inditex/Zara

Age: 88

Residence: La Coruna, Spain

Citizenship: Spain

Citizenship: U.S.6