Seven of the world’s ten wealthiest #Billionaires  are starting off May with fatter fortunes than a month ago, led by #ElonMusk. , the world’s No. 1 richest. Shares of Tesla, one of his most valuable assets, recovered from a plunge early in April to end the month up about 7%. That contributed to a $46 billion increase in Musk’s fortune in the past month, landing him at $386.5 billion, per Forbes’ estimates.

The rise in fortunes of those at the top of the billionaires ranking came as the Nasdaq climbed 0.7% in the past month while the S&P 500 fell 1.1%. Stocks have been volatile in response to news about President Trump’s tariff plans, reports about adjustments to the tariffs and concerns about a possible recession. Business leaders across the country are pausing new ventures and investments amid the uncertainty.

Check out the 10 #richest people on earth as of May 1, 2025 at 12 a.m. Eastern time, according to Forbes, at the link in our bio. (Photo: Chip Somodevilla via Associated Press)

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