Elon Musk Remains in First Place After Tesla Sales Success, While Warren Buffett Drops to 10th Place for the First Time in Many Years!
June was a busy month for billionaires. Elon Musk stayed at the top of the Forbes ranking, mainly due to the excellent performance of Tesla. Musk’s fortune increased by US$ 11.1 billion (R$ 61.9 billion) since June 1, totaling nearly US$ 19 billion (R$ 106 billion) in the last two months.
SpaceX, another of Musk’s companies, is about to sell shares in an offering that values the company at US$ 210 billion (R$ 1.1 trillion), an increase from US$ 180 billion (R$ 1 trillion) last December. Musk holds an estimated 42% stake in the company.
Fortunes Behind Fortunes
Jeff Bezos, whose fortune increased by US$ 15.5 billion (R$ 86.4 billion) last month, rose to 2nd place as Amazon’s market capitalization surpassed US$ 2 trillion for the first time at the end of June.
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SP government enacts new São Paulo minimum wage of R$ 1,874.36, with a 46% increase since 2022 and 15.6% higher than the national minimum wage.
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While Brazil discusses reducing the workweek and ending the 6×1 schedule, Germany is moving in the opposite direction and wants to eliminate the historic limit of 8 hours per day, allowing hours to be distributed throughout the week, in a proposal that unions warn could lead to exhausting daily shifts.
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Conflict in Iran disrupts the global exchange, affects the real, and shows why the rise in oil prices can become an advantage for some and a headache for others.
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Santa Catarina leads the largest Tax-Free Day in Brazil’s history with more than 1,350 companies, and the scene of cars lined up for gasoline at R$ 4.50 highlighted the real burden of taxes that amount to more than R$ 1.68 trillion collected just this year.
Bernard Arnault, who was the richest person in the world from February until the end of May, dropped to 3rd place due to the decline in shares of the LVMH group for the second consecutive month.
The biggest winner of the month was Larry Ellison, whose fortune increased by US$ 26.8 billion (R$ 149.5 billion), reaching an estimated US$ 173 billion, as Oracle shares hit all-time highs.
Warren Buffett revealed in the last week of June that he donated shares of Berkshire Hathaway worth about US$ 5.3 billion. This donation, along with a slight drop in the holding’s stock value, led him to 10th place in the billionaire ranking as of July 1, the lowest position Buffett, the world’s largest philanthropist, has held in years.

Together, the 10 richest people in the world have a combined total of US$ 1.66 trillion (R$ 9.2 trillion), an increase of about US$ 76 billion (R$ 424 billion) compared to the previous month.
Check Out Who the 10 Richest People Are on July 1:
- Elon Musk
Net Worth: US$ 228.6 billion
Source of Wealth: Tesla, SpaceX, X
Age: 52
Citizenship: USA
Comment: Musk founded Tesla and SpaceX, revolutionizing both the automotive and aerospace industries.
- Jeff Bezos
Net Worth: US$ 212.9 billion
Source of Wealth: Amazon
Age: 60
Citizenship: USA
Comment: Bezos founded Amazon, which started as an online bookstore and expanded to become an e-commerce giant.
- Bernard Arnault and Family
Net Worth: US$ 193.3 billion
Source of Wealth: LVMH
Age: 75
Citizenship: France
Comment: Arnault leads the LVMH group, which controls some of the most famous luxury brands in the world.
- Larry Ellison
Net Worth: US$ 176.1 billion
Source of Wealth: Oracle
Age: 79
Citizenship: USA
Comment: Ellison co-founded Oracle, one of the largest technology and software companies in the world.
- Mark Zuckerberg
Net Worth: US$ 175.3 billion
Source of Wealth: Facebook
Age: 40
Citizenship: USA
Comment: Zuckerberg created Facebook while studying at Harvard, transforming it into the world’s largest social network.
- Larry Page
Net Worth: US$ 150.4 billion
Source of Wealth: Google
Age: 51
Citizenship: USA
Comment: Page co-founded Google, which became the most widely used search engine globally.
- Sergey Brin
Net Worth: US$ 143.9 billion
Source of Wealth: Google
Age: 50
Citizenship: USA
Comment: Brin, along with Larry Page, co-founded Google and significantly contributed to its technological innovation.
- Bill Gates
Net Worth: US$ 133.6 billion
Source of Wealth: Microsoft
Age: 68
Citizenship: USA
Comment: Gates co-founded Microsoft, the largest software company in the world, and is known for his philanthropy.
- Steve Ballmer
Net Worth: US$ 132.2 billion
Source of Wealth: Microsoft
Age: 68
Citizenship: USA
Comment: Ballmer was the CEO of Microsoft and later bought the Los Angeles Clippers basketball team.
- Warren Buffett
Net Worth: US$ 127.6 billion
Source of Wealth: Berkshire Hathaway
Age: 93
Citizenship: USA
Comment: Buffett is a legendary investor and philanthropist, known for his management of Berkshire Hathaway.

É bom.. Saber que Elon musk é bilionário esta me motivar a batalhar ..