Here's your Forbes Daily Briefing for Thursday, September 11th.

Today on Forbes, the 2025 Forbes 400 list of wealthiest Americans, facts and figures.

Another year, another set of broken records for the 400 richest Americans.

They're worth a record $6.6 trillion in all, after getting

$1.2 trillion richer over the past 12 months. It now takes a record $3.8 billion to make the

ranking, $500 million more than the minimum in 2024. The 2025 Forbes 400 list was released on Tuesday.

There's a record at the top of the list, too.

Elon Musk is the first person to ever break the $400 billion mark on the Forbes 400.

He's the wealthiest person in America for the fourth straight year, worth a staggering

$4288 billion, after adding $184 billion to his fortune, thanks to a run-up in Tesla stock,

which has climbed 56%, and 12 more months of increasing valuations of his privately held

rocket firm SpaceX and Artificial Intelligence Outfit XAI.

Musk is $152 billion ahead of second place Larry Ellison, a sum greater than Warren Buffett's entire net worth.

Still, Ellison, now worth $276 billion, is $101 billion richer this year on the back of a 60% jump in the value of Oracle shares.

He ranks second for the first time in 25 years.

Mark Zuckerberg, meanwhile, is America's third richest person, worth $253 billion, following a 42% rise in the stock of Facebook parent company,

META.

Forbes calculated net worths using share prices from September 1st, 2025.

Much of America's great wealth remains concentrated at the very top of the very top.

The 20 richest people in the country hold a collective

$3 trillion, nearly half of all-American billionaire wealth, up from $2.3 trillion a year ago.

Fifteen of these 20 are now members of the $100 billion club, those whose fortunes span a dozen digits, up from 12 in 2024.

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