Elon Musk remains the richest person on the planet, with an astonishing net worth of $419.4 billion based on Altrata's global wealth monitoring. The billionaire tech entrepreneur's wealth is more than two million times greater than that of the average American household. Musk is at the helm of an elite team of 24 superbillionaires, each with assets of $50 billion or more. Indian billionaires Mukesh Ambani and Gautam Adani are now part of this elite group. The emergence of superbillionaires has redefined luxury markets, especially in property, with their collective wealth amounting to $3.3 trillion - equal to France's nominal GDP. The trend underscores increasing wealth gaps, not only between the affluent and ordinary citizens, but even among the billionaire elite.
Source: The Wall Street Journal