Key Points
- Larry Page’s net worth reached $255-265 billion on November 24-25, 2025, making him world’s second-richest person
- Page gained $8.7 billion in wealth on a single day, November 24, 2025
- Page surpassed Larry Ellison ($247.4 billion) for first time, moving him from fifth to second position
- Alphabet stock surged 58-67% in 2025, adding $88.6 billion to Page’s wealth this year alone
- Page’s wealth grew from $50.9 billion in 2020 to $144 billion at start of 2025, to $255+ billion by late November
- Elon Musk holds commanding lead as world’s richest person with $475-480 billion net worth
- Larry Ellison briefly reached $400 billion net worth, the second person to achieve this milestone
- Sergey Brin surpassed Jeff Bezos to become fourth-richest person with $236 billion, while Bezos stands at $235 billion
- Mark Zuckerberg remains in top 10 with approximately $216-253 billion net worth
- Musk could become world’s first trillionaire if Tesla stock continues rallying and his compensation contract conditions are met
- United States has 902 billionaires, China (including Hong Kong) 516, India 205
- Total global billionaire wealth stands at $16.1 trillion, distributed among 3,028 billionaires
Larry Page, who co-founded Google alongside Sergey Brin in 1998, has achieved his highest-ever net worth position following a dramatic surge in Alphabet stock valuation in late November 2025. On a single trading day, November 24, 2025, Page accumulated $8.7 billion in additional wealth, propelling his total net worth to approximately $255 billion and definitively surpassing Larry Ellison for the second position on the global wealth rankings.
This achievement represents the culmination of a remarkable five-year wealth accumulation trajectory. In 2020, Page’s net worth stood at approximately $50.9 billion, representing a modest fraction of his current valuation. By the beginning of 2025, Page’s wealth had more than doubled to just over $144 billion. Between January 2025 and late November 2025, Page accumulated an additional $111 billion in wealth, representing a 77% increase in net worth in less than one year.
Alphabet Stock Performance Drives Wealth Growth
The primary driver of Page’s wealth surge has been the exceptional performance of Alphabet stock throughout 2025, particularly in the second half of the year. Alphabet shares have surged between 58% and 67% during 2025, driven by investor enthusiasm regarding the company’s artificial intelligence strategy and accelerating cloud computing revenue growth.
The $88.6 billion added to Page’s net worth during 2025 represents approximately 79% of his year-to-date wealth increase, attributable directly to stock appreciation. This concentration of wealth gains in a single holding illustrates the volatility inherent in billionaire wealth valuations and the extent to which senior executives’ fortunes rise and fall in correlation with their companies’ stock performance.
Larry Ellison’s Decline from Second to Third Position
Larry Ellison, who held the position of world’s second-richest person for an extended period during 2025, has experienced a significant reversal of fortune following weakness in Oracle stock valuations.
Ellison’s Historic $400 Billion Milestone
Earlier in 2025, Ellison achieved a significant milestone by becoming only the second person in global history to accumulate a net worth exceeding $400 billion. This achievement represented recognition of Ellison’s extraordinary accumulation of wealth during his 50+ year tenure leading Oracle from its inception to its current status as one of the world’s most valuable enterprise software companies.
However, this achievement proved ephemeral, as Oracle stock subsequently declined, eroding Ellison’s wealth base. As of late November 2025, Ellison’s net worth has declined to approximately $247.4-248.8 billion, representing a loss of approximately $50+ billion from his peak $400 billion valuation.
Oracle Stock Weakness
The decline in Ellison’s wealth reflects broader weakness in Oracle stock following a period of exceptional performance. While the company has benefited from artificial intelligence-related demand and cloud computing growth, recent market corrections have reduced valuations. Ellison’s wealth concentration in Oracle stock, similar to Page’s concentration in Alphabet shares, creates significant vulnerability to stock market fluctuations.
Elon Musk’s Commanding Dominance at $475-480 Billion
Elon Musk maintains an overwhelming lead in global wealth rankings, commanding a net worth of approximately $475-480 billion. This valuation represents a commanding advantage over the second-richest person, with Musk’s wealth exceeding Page’s by approximately $210-225 billion.
Multi-Company Wealth Concentration
Unlike Page, who derives the vast majority of his wealth from Alphabet stock, Musk’s fortune is distributed across multiple business interests including Tesla , SpaceX, Neuralink, and The Boring Company. This diversification across multiple ventures provides some insulation from the performance of any single company’s stock, while simultaneously exposing Musk to the aggregate risks of multiple business operations.
Path to Trillionaire Status
Remarkably, analysts have suggested that Musk could become the world’s first trillionaire if current wealth accumulation trends continue. Such an achievement would require Tesla stock to continue appreciating significantly or Musk’s other business ventures to achieve extraordinary valuations. Additionally, Tesla shareholders recently approved a multi-billion-dollar compensation package for Musk contingent upon meeting specific operational targets, which could further accelerate his wealth if successfully executed.
The Complete Top 10 Ranking of World’s Richest People
Based on the most recent data from November 2025, the global wealth hierarchy has been substantially reshuffled, with technology sector dominance even more pronounced than in previous years.
| Rank | Name | Primary Business | Net Worth |
|---|---|---|---|
| 1 | Elon Musk | Tesla, SpaceX, others | $475-480 billion |
| 2 | Larry Page | Alphabet (Google) | $255-265 billion |
| 3 | Larry Ellison | Oracle | $247-249 billion |
| 4 | Sergey Brin | Alphabet (Google) | $236-245 billion |
| 5 | Jeff Bezos | Amazon | $235-241 billion |
| 6 | Mark Zuckerberg | Meta (Facebook) | $216-253 billion |
| 7 | Bernard Arnault & Family | LVMH Moët Hennessy Louis Vuitton | $178 billion |
| 8 | Warren Buffett | Berkshire Hathaway | $154 billion |
| 9 | Michael Dell | Dell Technologies | (Top 10 range) |
| 10 | Various | Various | (Top 10 range) |
Technology Sector Dominance in Global Wealth
The November 2025 billionaire rankings demonstrate overwhelming dominance by the technology sector in global wealth accumulation. Of the top 10 richest individuals globally, at least 6-7 derive the majority of their wealth from technology companies or technology-adjacent investments.
AI-Driven Wealth Surge
The 2025 wealth rankings have been substantially influenced by investor enthusiasm regarding artificial intelligence technologies and their potential to drive corporate profitability and economic growth. Companies including Alphabet and Meta have experienced remarkable stock appreciation driven by AI-related optimism, benefiting their founders and major shareholders disproportionately.
Combined Tech Billionaire Wealth
The combined net worth of the top technology billionaires (Musk, Page, Brin, Zuckerberg, Bezos, Ellison) exceeds $2.4 trillion, representing approximately 15% of the total global billionaire wealth of $16.1 trillion concentrated among just six individuals.
Future Outlook: Potential Trillionaire Status
The possibility of Elon Musk becoming the world’s first trillionaire within the next 5-10 years has transitioned from theoretical speculation to a realistic possibility based on current wealth accumulation trajectories. Such an achievement would require Tesla stock to maintain current appreciation rates, Musk’s compensation package conditions to be satisfied, and SpaceX to achieve its projected valuations in a future initial public offering or alternative financing event.
A trillionaire would represent an unprecedented concentration of personal wealth and would likely trigger renewed policy debates regarding wealth taxation, executive compensation, and the appropriate role of ultra-wealthy individuals in democratic societies.
