Billionaire and advisor to Donald Trump, Elon Musk, is one of several who want to buy the app Reuters Businessman Elon Musk, who runs Tesla and SpaceX, remains the richest person in the world, even after losing US$363 billion (R$1.815 trillion) in July. The data is from Forbes. ?On June 12, Musk became the first person in history to achieve a fortune of US$1 trillion (R$5 trillion). In the same period, Jeff Bezos, founder of Amazon, earned US$29 billion (R$145 billion) and returned to third place in the Forbes ranking. The movement reinforces the dominance of technology and artificial intelligence companies among the world's biggest billionaires: eight of the ten largest fortunes on the planet are linked to the sector. Among them are Google, Amazon, Meta, Nvidia, Oracle, Tesla and SpaceX. Together, the ten largest fortunes on the planet shrank by US$368 billion (R$1.84 trillion) in July and now total US$2.6 trillion (R$13 trillion). According to Forbes, the fluctuations mainly reflect the performance of shares in companies controlled by billionaires. Who made the most money Among billionaires, the main positive highlight of the month was actually Jeff Bezos, founder of Amazon. The 14% rise in the company's shares increased its fortune by US$29 billion (R$145 billion), to a total of US$278 billion (R$1.39 trillion). The advance made the businessman surpass Sergey Brin, co-founder of Google, and return to third place in the ranking. Larry Page, also co-founder of Google, added US$1 billion (R$5 billion) to his assets and remained in second place, with US$292 billion (R$1.46 trillion). Brin posted a similar gain but fell to fourth after being overtaken by Bezos. Elon Musk could become the world's first trillionaire Another highlight was Jensen Huang, co-founder and CEO of chip manufacturer Nvidia. His fortune rose to US$174 billion (R$870 billion), enough to surpass Larry Ellison, founder of Oracle, and take seventh place among the richest in the world. Who lost the most Despite remaining in the lead, Musk practically alone accounted for most of the drop recorded among the ten largest assets in the world. His fortune fell to US$690 billion (R$3.45 trillion) after SpaceX shares fell 37% and Tesla shares fell 26% in July. ??The fall in Musk's fortune was driven by the negative performance of his two main companies. SpaceX lost market value after its IPO, while Tesla disappointed investors by publishing results below expectations. Remember the case in the report below: This combination caused both shares to plummet quickly, resulting in a record billion dollar loss for the businessman in a single month. The second biggest decline was that of Larry Ellison, founder of Oracle, who lost US$24 billion (R$120 billion) and dropped one position in the ranking. Michael Dell, founder of Dell Technologies, also saw his fortune decrease by US$6 billion (R$30 billion). Mark Zuckerberg, CEO of Meta, Bernard Arnault, controller of the luxury group LVMH, and Warren Buffett, chairman of Berkshire Hathaway, recorded smaller losses in the period. Technology dominates the ranking The survey also shows how global wealth is concentrated in technology companies. Of the ten largest assets on the planet, eight originate from companies in the sector or directly linked to the advancement of artificial intelligence. In addition to Musk, Bezos, Page and Brin, the list includes Mark Zuckerberg, from Meta; Jensen Huang, from Nvidia; Larry Ellison of Oracle; and Michael Dell of Dell Technologies. The only names outside this group are Bernard Arnault, owner of the luxury conglomerate LVMH, and Warren Buffett, one of the best-known investors in the world. See who the ten richest people in the world are Elon Musk (Tesla/X/Space $1.345 trillion US$ 146 billion (R$ 730 billion) Warren Buffett (Berkshire Hathaway) — US$ 145 billion (R$ 725 billion) In addition to the broad dominance of technology companies, the survey exposes the strong geographic concentration of the largest global fortunes: nine of the ten members of the ranking are North Americans. The only European representation at the top of the list comes from Frenchman Bernard Arnault, controller of the LVMH luxury empire, highlighting the gap in valuation between the corporate ecosystem in the United States and companies based in Europe.
Musk loses R$1.8 trillion in one month, but remains the richest person in the world; see ranking
Billionaire and advisor to Donald Trump, Elon Musk, is one of several who want to buy the app Reuters Businessman Elon Musk, who runs Tesla and SpaceX, remains the richest person in the world, even after losing US$363...
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