As the AI rush accelerates, the richest in tech are reaping the rewards in a major way. The wealth of the top U.S. tech CEOs and founders has risen by over $550 billion to $2.5 trillion since the beginning of the year, according to data from Bloomberg.
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Forget margin or options. Here's how the pros trade QQQTesla (TSLA) CEO Elon Musk is currently the richest person in the world, with his net worth sitting at $748 billion, according to the Forbes Real Time Billionaires List. TSLA stock has risen by 26% year-to-date, and Musk received a significant boost after the Delaware Supreme Court reinstated his 2018 pay package worth $139 billion last week.
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Google (GOOGL) cofounder Larry Page is second on the list with a net worth of $257 billion, while the search engine’s other cofounder, Sergey Brin, ranks in fifth place at $238 billion.
Oracle (ORCL) cofounder and CTO Larry Ellison takes home third place with a net worth of $250 billion, and Amazon (AMZN) founder Jeff Bezos trails behind with $244 billion.
At the center of the AI boom is Nvidia (NVDA) and CEO Jensen Huang. Huang is worth $166 billion, making him the eighth richest person in the world.
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