Elon Musk, the world's richest person, has widened the gap between himself and other billionaires, now being $794 billion richer than Larry Page, the second-richest man globally. Musk's net worth has surged to $1.11 trillion, according to the latest Bloomberg Billionaires Index.
Musk's Fortune Far Exceeds Rivals
The Tesla and SpaceX founder's wealth is more than three times larger than Page's $306 billion fortune. This unprecedented gap highlights Musk's dominance among the world's elite billionaires. Musk's net worth has increased by $139 billion recently, bringing his total gains to about $490 billion.
Larry Page, co-founder of Google, ranks second with $306 billion, followed by Sergey Brin with $285 billion. Amazon founder Jeff Bezos is fourth with $260 billion, while Oracle co-founder Larry Ellison holds fifth place with $238 billion. Other notable billionaires include Michael Dell ($213 billion), Mark Zuckerberg ($202 billion), Bernard Arnault ($171 billion), Jensen Huang ($170 billion), and Jim Walton ($148 billion).
Musk's Wealth Drivers
Musk's fortune is largely tied to his holdings in technology and space companies, including Tesla, SpaceX, and other ventures. The continued success of these companies has propelled his net worth to record levels.
Dangote Leads Africa's Billionaires
On the African continent, Nigerian industrialist Aliko Dangote remains the richest person, ranking 62nd globally with a net worth of $36.5 billion. His fortune has increased by $6.55 billion, strengthening his position among the world's top billionaires.
South African billionaire Johann Rupert and his family rank second in Africa with $19.9 billion, placing 136th globally. Nigerian businessman Abdulsamad Rabiu is third among African billionaires with a fortune of $17.5 billion, ranking 166th worldwide.
African Billionaires Global Rankings
- Aliko Dangote: $36.5 billion (Rank 62)
- Johann Rupert & family: $19.9 billion (Rank 136)
- Abdulsamad Rabiu: $17.5 billion (Rank 166)
Rabiu to Earn Billions from BUA Cement Dividend
In related news, Nigerian billionaire Abdulsamad Rabiu is set to receive a staggering N189.74 billion dividend from his shareholding in BUA Cement Plc. This follows the company's strong financial performance and shareholder approval of its 2025 results. BUA Cement declared a N10.00 dividend per share, and Rabiu, holding a dominant 56.03% stake amounting to 18.974 billion shares, is the largest beneficiary.
