Musk Remains World's Richest; Lee Jae-yong Ranks 95th with $27 Billion

Musk's Assets Reach $839 Billion
Forbes Names Him No. 1 for Second Year in a Row

Elon Musk, CEO of Tesla, has been named the world's richest person for the second consecutive year. Among Koreans, Lee Jae-yong, Chairman of Samsung Electronics, was the only individual to make it onto the list of the world's top 100 billionaires.

On March 10 (local time), the U.S. business magazine Forbes announced the "40th Annual World's Billionaires" ranking.

CEO Musk, who holds assets totaling 839 billion dollars (approximately 1237.9445 trillion won), was ranked first. He has now secured the top spot for two years running. As Musk's assets increased, he became the first individual in Forbes' history to surpass 800 billion dollars in personal wealth.

The second and third spots went to Google co-founders Larry Page (257 billion dollars) and Sergey Brin (237 billion dollars), respectively.

Amazon Chairman Jeff Bezos (224 billion dollars) and Meta founder and CEO Mark Zuckerberg (222 billion dollars) took fourth and fifth place, respectively.

Other notable rankings include Oracle Chairman Larry Ellison in sixth place (190 billion dollars) and Nvidia CEO Jensen Huang in eighth (154 billion dollars). Binance CEO Zhao Changpeng (110 billion dollars) ranked seventeenth, while Bill Gates (108 billion dollars) was nineteenth.

Donald Trump, President of the United States, saw his assets increase by 27% to 6.5 billion dollars, ranking him 645th overall.

Samsung Electronics Chairman Lee Jae-yong is attending the Korea-US Business Roundtable held at Gyeongju Arts Center in Gyeongju, Gyeongsangbuk-do on the 29th. 2025.10.29 Photo by Kang Jinhyung

Among Koreans, Chairman Lee Jae-yong holds assets of 27 billion dollars, placing him 95th on the list.

Other Korean billionaires include Jeong Yongji, CEO of the biotech company Caregen, who ranked 268th (11.7 billion dollars); Seo Jungjin, Chairman of Celltrion, at 346th (9.9 billion dollars); Lee Boojin, President of Hotel Shilla, at 353rd (9.8 billion dollars); and Chung Mongkoo, Honorary Chairman of Hyundai Motor Company, at 359th (9.7 billion dollars).

The number of individuals worldwide with assets of at least 1 billion dollars totaled 3,428, an increase of about 400 from the previous year. The combined assets of these individuals reached 20.1 trillion dollars, a significant rise from the 16.1 trillion dollars recorded the previous year.

Forbes estimates the assets of the world's wealthy each year and publishes the rankings. This year's rankings are based on stock prices and exchange rates as of the first day of this month.

This content was produced with the assistance of AI translation services.