An in-depth look at the latest ranking of the top 10 richest people in September 2025

Current snapshot of the list, September 2025

According to Forbes’ real-time list, the combined net worth of the top 10 in September 2025 is reported to be approximately $2.13 trillion, a slight increase of 1% or approximately $21 billion compared to last month. This month’s highlights include Elon Musk remaining at number 1 for the 16th consecutive month, Sergey Brin’s rise, and Jensen Huang’s slide. Bernard Arnault continues his push towards a higher position in the top 10.

Top 10, September 2025, Forbes Real-Time

Elon Musk — $415.6B Tesla SpaceX
Larry Ellison — $270.9B Oracle
Mark Zuckerberg — $253.0B Meta Facebook
Jeff Bezos — $240.9B Amazon
Larry Page — $178.3B Google Alphabet
Sergey Brin — $165.9B Google Alphabet
Bernard Arnault — $154.3B LVMH
Steve Ballmer — $153.1B Microsoft
Jensen Huang — $151.4B NVIDIA semiconductors
Warren Buffett — $150.4B Berkshire Hathaway

How Elon Musk stayed at number 1 for 16 consecutive months

Besides Tesla, the valuation of Elon Musk’s private, unlisted assets like SpaceX and xAI has been increasing significantly from 2024 to 2025. SpaceX’s enhanced launch frequency, Starlink’s commercial progress, and the AI ​​hype have added a premium to private market valuations and increased demand.

Tesla’s volatile yet high valuation

Despite fluctuations in 2025, Elon Musk’s Tesla stock hasn’t declined; it has become a high-multiple story. EV battery storage, autonomous driving (FSD), and the robotaxi narrative have supported its valuation. A significant portion of his net worth is tied to Tesla’s market cap.

Tech Megacap Rally

US mega-cap tech stocks saw a broad rally in 2024-25 during the AI ​​supercycle, pushing the wealth of not only Musk but also Page, Brin, Zuckerberg, Ballmer, and others steadily upwards.

Continuous Growth since May 2024

According to The Indian Express, Musk remained at No. 1 from May 2024 to September 2025, a 16-month streak.

Elon Musk No. 1 $415.6B

Tesla, SpaceX, xAI, The Boring Company, Neuralink, X Corp, etc. 2025 Driver: SpaceX, Starlink progress, AI wave. High valuation sensitivity despite risks: EV demand cycle, China competition, regulatory uncertainties, and Tesla dependence. Why at the forefront: Private asset valuation, public market price, both motors together.

Larry Ellison No. 2 $270.9B

Oracle Driver: Cloud infrastructure, AI workloads, Cerner health data integration, and long-term shareholding story. Oracle benefited from AI, database, and cloud demand in 2024-25. Ellison’s net worth jumped close to Bezos and Zuck, consistently ranking in the #2-#3 range for several months.

Mark Zuckerberg No. 3 $253.0B

Meta, Facebook, Instagram, WhatsApp Driver: Advertising re-acceleration, Reels, AI ranking, generative AI tools, and spending discipline. Risks: Regulatory environment, Apple, Google ecosystem dependence.

Jeff Bezos No. 4 $240.9B

Amazon Driver AWS AI Demand E-commerce Margins Expansion Efficiency Year-over-Year Profitability Risk Retail Competition Antitrust

Larry Page No. 5 $178.3B

Google Alphabet Driver Search-Ads Gemini AI Platform Cloud GCP Growth Special Alphabet stock rally in summer 2025 could push both Page and Brin higher

Sergey Brin No. 6 $165.9B

Google Alphabet September Story Largest jump in a month: $15.1B Alphabet up 9% Result: Brin at #6, surpassing Jensen Huang

Bernard Arnault & family No. 7 $154.3B

LVMH Louis Vuitton Dior Tiffany & Co. etc. Driver Luxury Demand High-end Segment Portfolio Diversification Trends China Europe Demand Despite the slowdown, LVMH showed relative stability. They moved from #10 to #7

Steve Ballmer No. 8 $153.1B

Microsoft This is not just about today, but also about this stake Driver Microsoft AI Azure OpenAI Partnership Office Copilot Ecosystem Risk Cloud Pricing and Competition

Jensen Huang No. 9 $151.4B

NVIDIA This is the story of the poster child of the AI ​​chip boom in 2024-25 $3.5B drop in net worth in August-September and behind Brin Risks Supply Chain Competitive GPUs China Regulations

Warren Buffett No. 10 $150.4B

Berkshire Hathaway Driver Berkshire’s diversified insurance utility equity portfolio Apple exposure Special Consistent presence in the top 10 despite 90s age Long-term proof of value investing

Who moved up or down and why? Monthly Dynamics

Alphabet Rally: Page and Brin Rise Alphabet up 9% at the end of August Brin’s one-month gain of $15.1B Page also stays high at #5

NVIDIA Cools Off: Huang Falls Profit-taking after AI chip “hot run” Volatility Brin takes #6 position from him

LVMH Stability: Arnault’s Recovery Despite mixed shifts in his luxury portfolio effect moves him from #10 to #7

Why Musk’s Lead Widened Month-over-month +$14.4B SpaceX, xAI valuations and Tesla’s performance widened the gap

Real-Time vs. Annual List: What’s the Difference?

Forbes Annual: March Snapshot A snapshot of wealth at a specific date In the March 2025 snapshot, Musk at #1 with $342B This year is richer with a record 3,028 billionaires and a total of $16.1T

Forbes Real Time: Net Worth Changes Hourly Claims updated as the market closes Daily fluctuations lead to conclusions in monthly articles about who gained or lost how much

The Bloomberg Billionaires Index is an alternative real-time ranking. Minor fluctuations in the top 10 rankings may occur from time to time due to methodology and valuation inputs.

Indian Context

Mukesh Ambani is #1 in Asia and #18 globally with $100.9B. He is the only Asian member of the $100B club as of September 2025. This reflects India’s strong presence on the list.

Frequently Asked Questions (FAQ)

16 consecutive months at number 1: According to The Indian Express, Elon Musk topped the list every month from May 2024 to September 2025, a 16-month streak. This is based on real-time Forbes tracking, which shows the monthly rankings.

The list changes daily. The real-time list updates with stock prices and private valuation changes, so rankings can fluctuate slightly from day to day and hour to hour.

In Summary: Top 10 Story for September 2025

Elon Musk #1 for 16th month: $415.6B; combined impact of space, AI, and EVs

Jeff Bezos and Mark Zuckerberg in close contention for #2 and #4: Cloud, AI, and e-commerce; AWS theme remains strong

Alphabet duo: Page and Brin see net worth jump with share rally; Brin’s monthly gain is the fastest