Key Takeaways
- • Forbes released its 39th annual World's Billionaires list on April 1, 2025, with a record 3,000+ billionaires globally and 902 from the U.S., collectively worth $16.1 trillion—nearly $2 trillion more than 2024.
- • Elon Musk tops the global list with an estimated net worth of $342 billion, followed by Mark Zuckerberg ($216 billion), Jeff Bezos ($215 billion), Larry Ellison ($192 billion), and Bernard Arnault ($178 billion).
- • Steve Cohen, founder of Stamford-based Point72 Asset Management and owner of the New York Mets, ranks No. 95 globally with a net worth of $21.3 billion, making him Connecticut's wealthiest resident on the 2025 list.
- • Ray Dalio, founder of Bridgewater Associates, ranks No. 165 with an estimated net worth of $14 billion; he transferred control of his hedge fund firm in 2022.
- • Connecticut added new billionaire entrants to the 2025 list, including Bill Stone of East Lyme and Igor Tulchinsky of Greenwich, joining returning names such as Vince McMahon.
Summary
Forbes' 39th annual World's Billionaires list, released on April 1, 2025, marked a historic milestone with the global billionaire class exceeding 3,000 members for the first time. The 2025 cohort includes a record 902 billionaires from the United States alone. The combined wealth of this year's billionaire class reached $16.1 trillion, representing a substantial increase of nearly $2 trillion compared to 2024. Forbes compiled the rankings using stock prices and exchange rates as of March 7, 2025.
Elon Musk, CEO of Tesla and SpaceX and informal advisor to President Donald Trump's Department of Government Efficiency (DOGE), claimed the top position globally with an estimated net worth of $342 billion. The remaining top five positions were held by Meta founder Mark Zuckerberg ($216 billion), Amazon founder Jeff Bezos ($215 billion), Oracle founder Larry Ellison ($192 billion), and LVMH's Bernard Arnault ($178 billion).
Connecticut demonstrated significant representation on the global wealth rankings. Steve Cohen, a Greenwich resident and founder of the Stamford-based hedge fund Point72 Asset Management, ranked No. 95 globally with an estimated net worth of $21.3 billion. Cohen, who ceased trading for Point72 in fall 2024, also owns Major League Baseball's New York Mets. Ray Dalio, another Greenwich resident and founder of Bridgewater Associates—one of the world's largest hedge fund firms—secured the No. 165 position with an estimated net worth of $14 billion. Dalio transferred operational control of Bridgewater in 2022.
The 2025 Connecticut contingent included both returning billionaires and newcomers to the global rankings. Bill Stone of East Lyme and Igor Tulchinsky of Greenwich were identified as new entries, while names such as Vince McMahon also appeared on this year's list. The state's billionaire representation reflects the significant concentration of wealth in hedge fund management and alternative asset management industries within Connecticut.
Elon Musk, CEO of Tesla and SpaceX and informal advisor to President Donald Trump's Department of Government Efficiency (DOGE), claimed the top position globally with an estimated net worth of $342 billion. The remaining top five positions were held by Meta founder Mark Zuckerberg ($216 billion), Amazon founder Jeff Bezos ($215 billion), Oracle founder Larry Ellison ($192 billion), and LVMH's Bernard Arnault ($178 billion).
Connecticut demonstrated significant representation on the global wealth rankings. Steve Cohen, a Greenwich resident and founder of the Stamford-based hedge fund Point72 Asset Management, ranked No. 95 globally with an estimated net worth of $21.3 billion. Cohen, who ceased trading for Point72 in fall 2024, also owns Major League Baseball's New York Mets. Ray Dalio, another Greenwich resident and founder of Bridgewater Associates—one of the world's largest hedge fund firms—secured the No. 165 position with an estimated net worth of $14 billion. Dalio transferred operational control of Bridgewater in 2022.
The 2025 Connecticut contingent included both returning billionaires and newcomers to the global rankings. Bill Stone of East Lyme and Igor Tulchinsky of Greenwich were identified as new entries, while names such as Vince McMahon also appeared on this year's list. The state's billionaire representation reflects the significant concentration of wealth in hedge fund management and alternative asset management industries within Connecticut.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.