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    You are at:Home»Billionaires & Rich»Billionaire Elon Musk’s assets plummet, falling below the 700 billion USD mark
    Billionaires & Rich

    Billionaire Elon Musk’s assets plummet, falling below the 700 billion USD mark

    m1ifkBy m1ifkAugust 1, 2026004 Mins Read
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    Billionaire Elon Musk's assets plummet, falling below the 700 billion
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    Elon Musk’s net worth plummets

    Recorded at 4:30 PM on August 1, 2026 (Vietnam time), Elon Musk’s assets decreased by 18.7 billion USD, equivalent to 2.63%. This is the largest decrease in absolute value in the top 5 richest billionaires in the world.

    This is the first time Musk’s assets have fallen below the 700 billion USD mark in a recent series of fluctuations. In the latest update, the assets of the founder of Tesla decreased by 18.7 billion USD, equivalent to 2.63%.

    Elon Musk’s assets are currently nearly $400 billion higher than second-placed Larry Page.

    Most of Elon Musk’s assets come from shares in businesses such as Tesla, SpaceX and artificial intelligence company xAI. Therefore, his asset value can fluctuate sharply depending on stock movements, business valuations and financial markets.

    With his current assets, Elon Musk has fallen below the 700 billion USD mark. However, his leading position in the ranking of the richest billionaires in the world is still not threatened. Chart: AI

    Larry Page increases by nearly 18 billion USD

    Larry Page, co-founder of Google, continues to hold second place in the ranking of the richest people in the world.

    According to Forbes data at 4:30 PM on August 1, 2026, Mr. Page owns assets worth 292.1 billion USD.

    In the latest update session, Larry Page’s assets increased by 17.8 billion USD, equivalent to 6.48%. This is the largest increase in absolute value in the group of 8 richest billionaires in the world.

    The strong increase in assets helps Larry Page continue to consolidate his second position in the rankings.

    Jeff Bezos rises to third place

    Jeff Bezos is currently ranked third in the world with assets worth 278.1 billion USD according to Forbes data updated at 4:30 PM on August 1, 2026.

    In the latest update session, the assets of the Amazon founder increased by 31.8 billion USD, equivalent to 12.93%. This is the strongest increase in the proportion in the group of 8 richest billionaires in the world.

    Jeff Bezos’ rise helped him rise to third place in the rankings.

    Sergey Brin ranked fourth

    Sergey Brin, co-founder of Google, is currently ranked fourth in the list of the richest people in the world.

    According to Forbes data at 4:30 PM on August 1, 2026, Mr. Brin owned assets of $269.4 billion.

    In the latest update session, Sergey Brin’s assets increased by 16.3 billion USD, equivalent to 6.45 percent.

    Despite the sharp increase in assets, Sergey Brin is still behind Jeff Bezos in the rankings.

    Michael Dell holds fifth place

    Michael Dell, Chairman and CEO of Dell Technologies, continues to rank fifth with a fortune of $229.2 billion.

    According to Forbes data at 4:30 PM on August 1, 2026, Michael Dell’s assets increased by 430.3 million USD, equivalent to 0.19%.

    The asset gap between the leading group continues to change as technology stocks fluctuate strongly.

    The total assets of the 5 richest billionaires in the world currently reach about 1,858.9 billion USD, of which Elon Musk is still the only person to own assets of nearly 700 billion USD.

    Technology billionaire group continues to fluctuate

    In the next positions, Mark Zuckerberg ranked sixth with a fortune of 191.3 billion USD.

    In the latest update, Mr. Zuckerberg’s assets increased by 6 billion USD, equivalent to 3.24%.

    Jensen Huang, CEO of Nvidia, ranked seventh with assets of 173.6 billion USD, up 4.9 billion USD, equivalent to 2.88%.

    Larry Ellison, founder of Oracle, ranked eighth with assets of 167.5 billion USD, an increase of 2.6 billion USD, equivalent to 1.56%.

    The latest developments continue to show that the assets of the world’s richest billionaires are heavily dependent on stock volatility, especially in technology, artificial intelligence and digital platforms.

    Forbes updates the rankings and asset values of billionaires in real time, which may change according to stock fluctuations, business valuations and financial markets. The data in the article reflects as of 4:30 PM on August 1, 2026 (Vietnam time).

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