Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand boosted LVMH stock.

This year's list highlights several tech-driven tycoons from the United States who have leveraged education and innovation to amass their fortunes.

LVMH chief Bernard Arnault and Reliance Industries chairman Mukesh Ambani—the world’s fifth- and eighteenth-wealthiest people—attended President Donald Trump’s inauguration events Monday, marking a pair of surprise billionaire appearances at the event attended by a cadre of moguls worth well over $1 trillion.

“The golden age of America begins right now,” Trump proclaimed. For his billionaire backers, it has already begun.

The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few years.

Bernard Arnault the owner of LVMH is Europe's richest man and once overtook Elon Musk to become the world's richest.

Billionaires like Elon Musk and Jeff Bezos owe their success to prestigious universities, shaping their paths through innovation and education.

Following Quang's removal, Vietnam had only five billionaires on the Forbes list as of January 24, 2025, with a combined net worth exceeding $12 billion. Pham Nhat Vuong, chairman of Vingroup, continues to lead the pack as the wealthiest Vietnamese billionaire, with a net worth of $4.1 billion.

2 Remember when George Washington and Abraham Lincoln cashed in on their presidencies by selling commemorative medallions? Oh, wait. They didn’t do anything like that. But Mr. Trump did. He capitalized on his newfound power by issuing a crypto token. What is it called?

Musk then slapped his chest with his right hand, before flinging it diagonally upwards, palm face down. He turned around to audience members behind the podium, and repeated the gesture. “My heart goes out to you,