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Elon Musk Tops August Billionaire Rankings as Tech Leaders Dominate Top Ten

Five Mexican billionaires appear in Bloomberg’s global 500, putting Mexico ahead of regional peers except Brazil.

Overview

  • Elon Musk leads Bloomberg’s August index with a net worth of $352 billion after a roughly $80 billion decline since January 2025.
  • Eight of the top ten richest individuals in the latest Bloomberg ranking are technology executives, underscoring the sector’s wealth surge.
  • Carlos Slim Helú is the top Mexican at 18th with $98.8 billion, one of five Mexicans in the global 500 and positioning Mexico second in Latin America.
  • Bloomberg’s update reflects fluctuating valuations driven by protectionist policies and geopolitical tensions affecting major fortunes.
  • A Forbes-based list circulated by local outlets via Instagram reports lower valuations for Mexican billionaires, highlighting how methodology shapes reported rankings.