The AI boom has contributed over half a trillion dollars to the wealth of US tech giants in 2025, according to new data. A surge in the stock market, driven by artificial intelligence companies, has increased the combined wealth of the top 10 US tech leaders to almost $2.5 trillion—up from $1.9 trillion the previous year, as reported by Bloomberg.
Elon Musk, who is already the world’s richest individual, has emerged as one of the biggest beneficiaries of the AI-driven market rally. His net worth rose by nearly 50% in the past year, reaching $645 billion. Musk, who also leads xAI, an AI-focused company, became the first person to surpass a $500 billion net worth in October. If Tesla meets its ambitious targets, Musk could soon become the first trillionaire in history.
Musk ranks above Google co-founder Larry Page and Amazon founder Jeff Bezos on the global wealth list. Page is valued at $270 billion, while Bezos has a fortune of $255 billion.
This growing concentration of wealth among a small group of ultra-wealthy individuals has sparked debate over how to address economic inequality, with some calling for stronger wealth taxation.
Nvidia’s CEO, Jensen Huang, also saw significant financial gains. The value of his assets, investments, and equity soared by $41.8 billion, bringing his total net worth to $159 billion. This ranks him 9th in the Bloomberg Billionaire Index and 8th among the top 10 US tech billionaires. Huang, who sold nearly $1 billion worth of Nvidia shares this year, benefited from the company’s rapidly increasing stock price. Nvidia’s advanced computer chips are essential for building the more powerful processors needed for AI technologies. The company reached a major milestone in October, becoming the world’s first $5 trillion company—surpassing the total economic output of nations like Japan and India.
The wealth of Google founders Sergey Brin and Larry Page also surged, with their fortunes increasing by $92 billion and $102 billion, respectively. Investors are betting on Google’s advancements in AI, including its development of in-house chips called Tensor Processing Units.
However, this rapid AI-driven growth has raised concerns about the stability of global markets. The Bank of England has warned that a sudden market correction could occur if investor confidence in AI proves misplaced. Policymakers have noted that equity valuations—especially for AI-focused tech companies—appear stretched, making markets vulnerable if expectations around AI’s impact become overly optimistic.
While tech companies dominate the wealth rankings, other industry leaders have also seen their fortunes rise. Bernard Arnault, the French chairman of LVMH (which owns luxury brands like Louis Vuitton and Dom Pérignon), added $28.5 billion to his wealth over the past year. LVMH has benefited from strong spending by wealthy North American consumers, boosting the stock’s performance.
Amancio Ortega, the Spanish founder of Inditex (the parent company of Zara and other brands), saw his wealth grow by $34.3 billion, bringing his total fortune to $136 billion. This increase was partly fueled by a record €3.1 billion dividend from the retail group.
