Top economic officials met in Madrid for a second day, with deadlines looming on tariffs and a ban on TikTok in the United States if it is not sold by its Chinese owner, ByteDance.
Day: September 15, 2025
Illegal gold mining is fueling a ‘mercury boom’ in Mexico, poisoning people and the environment [deltaMinutes] mins ago Now
Leo said that Musk’s proposed pay package was emblematic of the loss of “the value of human life, of the family, of the value of society.”
Accused Charlie Kirk Killer, Tyler Robinson, was plugged into some strange online subcultures. What his transgender roommate and romantic partner is telling authorities. A 32-year-old school aide in California has pled guilty to a year-long sexual relationship with a 17-year-old student. Sunday night was Emmy night. The NY Post has all the big winners and…
Anna Moneymaker; Kevin Dietsch / Getty Images
- The world’s three wealthiest people are together worth over $1 trillion.
- Elon Musk, Larry Ellison, and Mark Zuckerberg are so rich thanks to big stakes in their companies.
- Ellison has nearly doubled his net worth this year thanks to an AI-fueled surge in Oracle stock.
The three wealthiest people on the planet are worth a combined $1 trillion, or about as much as Warren Buffett’s Berkshire Hathaway.
Tesla and SpaceX CEO Elon Musk, Oracle cofounder Larry Ellison, and Meta CEO Mark Zuckerberg had net worths of $419 billion, $349 billion, and $265 billion as of Friday’s close, per the Bloomberg Billionaires Index.
Together, they’re worth $1.03 trillion, rivaling Berkshire‘s $1.07 billion market capitalization and comfortably surpassing the $800 billion-plus market values of JPMorgan, Walmart, and Oracle.
It’s striking that three individuals are worth almost as much on paper as Berkshire, a corporate behemoth that generates around $370 billion in annual revenue, employs nearly 400,000 workers, and has arguably the world’s greatest living investor at its helm.
Musk, Ellison, and Zuckerberg are worth so much because they’re the biggest shareholders of some of the world’s most valuable companies. Musk owns about 13% of Tesla and 42% of SpaceX, Ellison holds about a 41% stake in Oracle, and Zuckerberg has around a 13% stake in Meta.
The trio clear the $1 trillion mark because they’ve hugely increased their wealth as a group. While Musk’s fortune has shrunk by $14 billion this year to date, Ellison’s net worth has nearly doubled, surging by $157 billion as Oracle stock has soared over 75% since January 1. Moreover, Zuckerberg’s wealth has jumped by $58 billion, fueled by Meta stock’s 29% gain in 2025.
Most ultrawealthy people have also grown substantially richer this year. The 17 members of the $100 billion club have added a net $434 billion to their joint fortunes this year, boosting their combined wealth to $3.2 trillion at Friday’s close — a figure greater than the market values of Alphabet or Amazon.
Musk, Ellison, and Zuckerberg have seen their fortunes balloon in recent years thanks to investor optimism around AI’s potential to slash corporations’ costs and supercharge their profitability.
Oracle’s stock price climbed as much as 43% last Wednesday alone, lifting the company’s market value by nearly $300 billion at its peak, after it projected rapid revenue growth fueled by AI demand.
Musk could become the world’s first trillionaire with the help of a prospective Tesla pay package unveiled last week. The proposed deal would grant Musk shares worth over $1 trillion if he manages to increase his company’s market value by around eightfold and hit a slew of operational targets within the next decade or so.
Musk purchased around $1 billion worth of Tesla stock on Friday, signaling he likes his chances.
Read the original article on Business Insider
Khan couldn’t remember Paul McCartney’s name, who sang at her Rock & Roll Hall of Fame induction ceremony, and more.
Alan Cumming wants the president to get back in the reality TV world.
Ryder Corral, 19, held after incident on Sunday morning outside HQ of late far-right activist’s organization
A 19-year-old man has been arrested on allegations of vandalizing a memorial to the Turning Point USA executive director Charlie Kirk outside the organization’s headquarters in Phoenix, Arizona.
Ryder Corral was arrested at 9.50am on Sunday by Phoenix police after witnesses say they saw a man damaging a memorial for Kirk, who was killed four days earlier in Utah.
Pope Leo criticises executive pay packages and talks about gap between rich and poor, in his first media interview
Pope Leo said “we’re in big trouble” when it comes to the ever-widening pay gap between the rich and poor, citing Elon Musk, who may be on course to become the world’s first trillionaire.
Leo made the remarks while criticising executive pay packages during his first interview with the media.
Kerry County Council has voted to nominate Gareth Sheridan as a presidential election candidate