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Billionaires’ fortunes explode: Musk reigns supreme among the richest, and Trump enters the Forbes list.

Forbes: The impact of the market on billionaires' fortunes

مدحت الشيخ
Last updated: 11/03/2026 9:21 pm
Medhat Elsheikh
مدحت الشيخ
ByMedhat Elsheikh
News Editor
Medhat El-Sheikh, editor-in-chief of the Voice of Emirates News Agency office in Cairo, is a seasoned Egyptian journalist with extensive experience both within Egypt and abroad....
- News Editor
3 months ago
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Billionaires' fortunes explode: Musk reigns supreme among the richest, and Trump enters the Forbes list.
List of the world's richest people (Image/archive)
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New York, USA – Media outlets have revealed the list of the world’s richest people. American businessman Elon Musk continues to top the list as the world’s wealthiest individual. Meanwhile, US President Donald Trump has also appeared on the billionaires list, amidst notable shifts in the fortunes of leading business figures worldwide.

The magazine explained that Musk’s wealth has seen a significant jump over the past year, driven by the rising market value of his giant companies, primarily those in the electric car and aerospace technology sectors. This has solidified his position at the top of the list of the world’s richest people, significantly ahead of his closest competitors.

According to the report, the fortunes of the world’s richest billionaires have been directly affected by fluctuations in global markets and the prices of technology and energy. The performance of artificial intelligence and digital economy companies has also played a major role, as these have become the primary drivers of increased wealth for many business leaders in recent years.

The report also noted the strong return of Donald Trump’s name to the list of the world’s richest people. This came after a rise in the value of his real estate assets and investments related to the media sector and brands. This contributed to boosting his wealth and placing him once again among the world’s billionaires.

Forbes confirmed that this year’s list reflects significant shifts in the global wealth landscape. New names emerged from the technology, energy, and artificial intelligence sectors. Conversely, the fortunes of some billionaires declined as a result of stock market downturns or economic crises in several countries.

Economic analysts believe that the continued dominance of the technology sector on the list of the richest people reflects a profound transformation in the global economy. This is because digital and innovative companies have become the biggest players in wealth creation over the past decade.

TAGGED:AmericaUSElon MuskTrumpVoice Of Emirates
SOURCES:Voice of EmiratesNewswires
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