
Three leading tech billionaires have achieved an unprecedented concentration of wealth, with their combined net worth reaching $1.03 trillion as of Friday’s market close, according to the Bloomberg Billionaires Index. Elon Musk of Tesla and SpaceX leads with $419 billion, followed by Larry Ellison of Oracle at $349 billion and Mark Zuckerberg of Meta at $265 billion. Their collective fortunes now rival Berkshire Hathaway’s market capitalization of $1.07 trillion.
AI Boom Drives Historic Gains
Investor enthusiasm for artificial intelligence has propelled these fortunes to new heights. Oracle’s stock surged over 75% since January, nearly doubling Ellison’s net worth by $157 billion. A single-day 43% increase last week came after Oracle projected rapid revenue growth from AI-driven cloud contracts with OpenAI, Meta and Elon Musk’s xAI venture, lifting its remaining performance obligations to a record $455 billion.
Meta’s shares climbed 29% this year, boosting Zuckerberg’s wealth by $58 billion as the company integrates AI features across its platforms. Despite a year-to-date $14 billion decline, Musk signaled confidence by purchasing roughly $1 billion of Tesla stock on Friday, even as Tesla unveiled a potential compensation plan that could grant him over $1 trillion in shares if the company’s market value grows eightfold in the next decade.
Market Dominance and Wealth Concentration
The trio’s combined $1.03 trillion fortune underscores a broader trend of extreme wealth concentration. The 2025 Forbes 400 ranking reported a record collective net worth of $6.6 trillion among America’s wealthiest, up $1.2 trillion from last year, with the entry threshold rising to $3.8 billion. Musk remains America’s richest individual for the fourth consecutive year, becoming the first person to surpass $400 billion.
Their amassed wealth now exceeds the market values of major corporations—including JPMorgan, Walmart and even Oracle itself—highlighting how individual fortunes can rival entire multinational enterprises.