Date Set for the First Trillionaire: Huge SpaceX IPO to Boost Elon Musk's Wealth
As the winds of technology and artificial intelligence continue to blow in global markets, the month of May was nothing short of a fortune explosion for the world's wealthiest individuals. During this period, when the S&P 500 index gained 5% and Nasdaq increased by 8%, the total wealth of the top ten richest people in the world reached $2.9 trillion as of June 1, 2026. The club of the richest managed to add a whopping $220 billion to their fortunes in just a single month.
The most profitable name of May: Larry Ellison
In May, riding the wave of global demand for artificial intelligence, Oracle co-founder Larry Ellison emerged as the biggest earner of the month. Boosting his wealth by a record-breaking $71 billion in a single month, Ellison re-entered the top five billionaires with a total fortune of $276 billion. The construction of massive data centers by Oracle across the U.S. on a gigawatt scale, along with a strategic agreement for the use of AI tools in the U.S. Department of Defense and government's classified networks, propelled the company's shares upwards by 40% during May.
Dell set a record, leaving Zuckerberg in the dust.
Another key player who reaped significant benefits from the artificial intelligence frenzy is none other than Michael Dell. Following the announcement by Dell Technologies that their AI server revenues had skyrocketed by 757% compared to the previous year, the company experienced its best day in stock market history. Thanks to Dell shares, which gained more than 100% in value in May, Michael Dell added a whopping $67 billion to his fortune.
This aggressive ascent by both Ellison and Dell has pushed Meta's boss, Mark Zuckerberg, down the list. Despite increasing his wealth by $7 billion, Zuckerberg slipped to 7th place, overshadowed by layoffs and significant AI investments, with Meta shares growing a mere 3%.
Elon Musk and the historic step by SpaceX: Is the first trillionaire on the way?
Elon Musk, the spearhead of Tesla and SpaceX, fortified his position at the top by adding another $53 billion to his wealth in May, taking his net worth to a staggering $835 billion. Alongside a 14% surge in Tesla shares, the major movement was seen on the SpaceX front. The space company, which has officially filed for its initial public offering, is reportedly aiming for a valuation of $1.8 trillion. This move could potentially break Saudi Aramco's record from 2019, positioning it as the largest IPO in history. With shares expected to start trading on June 12, this could mark June 2026 as the month when the world's first trillionaire was born.
On the flip side, with the decline in the Walton family's shares, Bernard Arnault, the tycoon of luxury consumption giant LVMH, re-entered the top ten from the 9th spot. Similarly, Steve Ballmer made a comeback into the top ten from the 10th spot, thanks to the increase in Microsoft shares.
As of June 1, 2026, these are the top 10 wealthiest individuals in the world.
According to the data from Forbes, the updated list of current billionaires and their fortunes are ranked as follows:
1. Elon Musk: $835 billion
2. Larry Page: $309 billion
3. Sergey Brin: $285 billion
4. Jeff Bezos: $277 billion
5. Larry Ellison: $276 billion
6. Michael Dell: $244 billion
7. Mark Zuckerberg: $217 billion
8. Jensen Huang: $182 billion
9. Bernard Arnault: $148 billion
10. Steve Ballmer: $141 billion
Who is the richest woman in the world?
While the top ranks of the list continue to fluctuate, the title of the world's richest woman has also been solidified. Alice Walton, the daughter of Walmart's founder Sam Walton, currently holds the 15th spot as the wealthiest person in the world with an estimated fortune of $123 billion, maintaining her top position in the women's list. Not only Walton, whose wealth largely stems from the Walmart shares inherited from her father, but also other family members who share the familial inheritance continue to make their presence felt on the Forbes list.
Keşfet ile ziyaret ettiğin tüm kategorileri tek akışta gör!
Test
Gündem
Magazin
Video
Send Comment