For each of the past two years, the top 10 billionaires globally have added at least $500 billion to their combined net wealth totals. It will take a significant turnaround in 2026 for the 10 richest to add those kind of gains, with seven of the 10 richest losing net worth in the first quarter and the overall top 10 leaderboard posting a loss.

Top 10 Richest Billionaires Q1 Scorecard

With Magnificent Seven stocks and the overall stock market facing heightened volatility and geopolitical concerns in the first quarter, the net worth of many billionaires around the world has declined.

Here's the current top 10 richest, ranked by Bloomberg, with their net worth at the end of the first quarter and their gain or loss since the end of 2025.

  1. Elon Musk: $644 billion, +$24.2 billion
  2. Larry Page: $247 billion, -$21.9 billion
  3. Jeff Bezos: $230 billion, -$23.3 billion
  4. Sergey Brin: $230 billion, -$20.4 billion
  5. Mark Zuckerberg: $203 billion, -$30.5 billion
  6. Larry Ellison: $195 billion, -$52.4 billion
  7. Bernard Arnault: $153 billion, -$55.4 billion
  8. Jim Walton: $146 billion, +$9.8 billion
  9. Jensen Huang: $144 billion, -$10.1 billion
  10. Rob Walton: $143 billion, +$9.7 billion

Of the top 10, only three have added to their net worths in 2026. The overall top 10 are worth a combined $2.34 trillion. The 10 combined billionaires have lost $170.3 billion since the start of 2026.

Looking further down the Bloomberg billionaires index, only eight of the top 25 richest people have added to their net worths in 2026, and three of those figures are Waltons.

The Q1 Gainers

Jim Walton and Rob Walton, both Walmart (NYSE:WMT) heirs, are relatively new to the top 10 and have added to their wealth thanks to shares of the retailer being up 10.7% year-to-date and hitting all-time highs in the first quarter.

Musk remains the richest person in the world and his net worth is set to get a major boost this year. The SpaceX IPO could put Musk's net worth over the $1 trillion mark and make Musk the first trillionaire.

Bloomberg values Musk's SpaceX ownership significantly lower than the $1.75 trillion valuation being reported for the IPO.

The Q1 Losers

The rest of the top 10 suffered net wealth losses in the first quarter. The majority of the list is impacted by stocks in the Magnificent Seven.

Page and Brin saw Alphabet Inc (NASDAQ:GOOGL) shares down 8.8% in the quarter, Bezos saw Amazon.com Inc (NASDAQ:AMZN) shares decline 7.1%, Zuckerberg saw Meta Platforms (NASDAQ:META) stock down 10.7% and Huang saw NVIDIA Corporation (NASDAQ:NVDA) stock down 7.6% in the quarter.

These billionaires are closely tied to the stock prices of these companies they founded or serve as executives of.

Larry Ellison's wealth is closely tied to Oracle Corporation (NYSE:ORCL), a stock that was down over 25% in the first quarter.

Arnault saw his wealth decline the most of anyone on the list, which comes with LVMH (OTC:LVMUY) shares down 27.7% year-to-date in 2026 as of Wednesday.

A rebound in the Magnificent Seven stocks and other shares of companies that impact the richest people will need to happen in the rest of 2026 to see the top 10 post strong gains, aside from Musk.

Image created using photos from Shutterstock.