Here's your Forbes Daily Briefing for Friday, May 2nd.

Today on Forbes, the top 10 richest people in the world, May 2025.

Seven of the world's 10 wealthiest billionaires are starting off May with fatter fortunes than a month ago.

Our top 10 richest people on Earth list is as of May 1st, 2025 at 12 a.m.

Eastern Time. As a reminder, stock prices fluctuate routinely, so the net worths on our list may change

on a daily basis. Forbes tracks the daily changes on our real-time list of billionaires. Forbes has

been keeping track of the world's

billionaires since 1987. In April 2025, we found 3,028 of them for our annual list.

Of the top 10 richest in the world, the biggest gainer over the past month is Elon Musk,

the world's number one 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's 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.

The second biggest top 10 gainer for the month was Spain's Ammancio Ortega, founder of fashion

firm Inditex, best known for its Zara chain.

Ortega, ranked number nine, is nearly $9 billion wealthier than at the beginning of April.

That's thanks to a 2% increase in the price of Inditex shares, combined with about a 5% strengthening of the

euro against the dollar during the month of April, which put his fortune at an estimated

...