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Forbes Daily Briefing

4 Nov 2026 · 7m · 4 chapters

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The Top 10 Richest People In The World | November 2026

In short

Forbes’ “Top 10 Richest People in the World” (as of Nov 1, 2026) and how their fortunes changed over the prior month, amid tech earnings disappointments and concerns about AI spending.

Guests

No guests; it’s a Forbes news segment read by Kieran Meadows.

Key claims

The top 10 combined wealth fell from $3.1T to $2.8T (down $273B). Elon Musk lost about $68B to $869B; Jeff Bezos lost about $8B to $361B.

Notable examples

Musk’s SpaceX shares fell 11% (despite Tesla up 13%). Alphabet shares dropped 18% driving Larry Page and Sergey Brin down ~$53B and ~$49B. Nvidia co-founder Jensen Huang fell ~$22B to $178B; Nvidia defended a routine relationship after NYT reported a Chinese businesswoman connected to him passed information to Beijing. Steve Ballmer and Warren Buffett were the only gainers.

Written by AI. May contain mistakes.

Chapters

1:01

Overview of Wealth Loss

Discussion of the significant wealth loss among the top 10 richest people.

“The world's top 10 richest people lost a total of$273 billion over the past month.”
2:08

Elon Musk: The Biggest Loser

Detailed analysis of Elon Musk's financial decline and its implications.

“That's because shares of SpaceX, which account for nearly four-fifths of Musk's net worth, fell by 11%, more than offsetting a 13 % increase in Tesla's stock price.”
3:30

Jeff Bezos and Google's Co-Founders

Examining the financial status of Jeff Bezos and Google co-founders.

“This came as shares of Google's parent company, Alphabet, dropped by more than 18%.”
4:47

Other Billionaires and Market Trends

Discussion of the remaining billionaires in the top 10 and market trends affecting their wealth.

“Completing the top 10 list, we have NVIDIA co-founder and CEO Jensen Huang at number 7.”
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Transcript

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0:00UKG is the workforce operating platform with unified HR, payroll and workforce management. built to solve the unique challenges of frontline work. Powered by People First AI and decades of labor data, UKG turns workforce intelligence into real-time decisions around staffing, pay, compliance, and productivity, enabling every worker to confidently take action as work happens. Because when work works, everything works. Learn more at ukg.com slash work. UKG, HR, pay, and workforce management. Life is all about making decisions. Sometimes you make questionable ones, like buying a new TV that's too big for the wall because the electronics store employee was a little too good at their job.

0:42Then sometimes you make great ones, like protecting your home and auto with Progressive. You get customized coverage options, so you can be sure you have the right coverage. Get your quote today at Progressive.com. Progressive Casualty Insurance Company affiliates and other insurers, not available in all states. Today on Forbes, the top 10 richest people in the world, November, 2026. The world's top 10 richest people lost a total of$273 billion over the past month. Disappointing tech earnings and concerns over AI spending drove the tech-heavy Nasdaq down nearly 5%. Our Top 10 Richest People in the World list is as of November 1, 2026, at 12 a.m.

1:29Eastern Time. As a group, they are worth$2.8 trillion combined, down from$3.1 trillion last month. 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 March 2026, we found 3 ,428 of them for our annual list. The wealthiest person on Earth, Elon Musk, was the biggest loser over the past month, as his fortune fell by an estimated$68 billion to$869 billion. That's because shares of SpaceX, which account for nearly four-fifths of Musk's net worth, fell by 11%, more than offsetting a 13 % increase in Tesla's stock price.

2:27Musk has spent more than$440 million backing Republicans in the U.S. midterm elections, which are being held on Tuesday. But despite Musk being the month's biggest loser, he is still more than twice as rich as his runner-up, Jeff Bezos. whose fortune dipped by an estimated$8 billion to$361 billion, as shares of Amazon slid by 4%. In September, Bezos became only the fourth person ever to be worth more than$300 billion. The others are Musk, Google co-founder Larry Page, and Oracle co-founder Larry Ellison. This month is Bezos' second month in a row at number two, a rank he'd previously held in May 2025.

3:14The second and third biggest losers were Google co-founders Larry Page, whose world wealth rank is number three, and Sergey Brin, at number five, whose fortunes tumbled by an estimated$53 billion and$49 billion, respectively. This came as shares of Google's parent company, Alphabet, dropped by more than 18%. Page and Bryn are now worth$233 billion and$214 billion, respectively. The next biggest losers were Michael Dell, whose rank is number four, and Mark Zuckerberg, at number six, whose fortunes fell by an estimated$40 billion apiece since last month. Dell's fortune sank to$229 billion, as shares of Dell Technologies fell by 21%.

4:03And Zuckerberg's dropped to$211 billion, as shares of Meta, formerly Facebook, fell 15%. Altogether, 8 of the world's 10 richest people got poorer over the past month, though none of their ranks changed. Steve Ballmer, whose rank is number 9, and Warren Buffett, at number 10, were the only gainers among the top 10. But like the rest, they held onto their same ranks. Buffett's fortune increased by an estimated$13 billion to$154 billion, as shares of Berkshire Hathaway climbed by 9%. Balmer, meanwhile, saw his net worth grow by$1 billion to an estimated$162 billion, as shares of Microsoft inched upward by 2%.

4:52Completing the top 10 list, we have NVIDIA co-founder and CEO Jensen Huang at number 7. and Larry Ellison at number eight. Huang saw his fortune fall$22 billion since last month to$178 billion, as Nvidia shares fell approximately 10 % over the month, alongside the overall Nasdaq drop. At the end of October, the New York Times reported that U.S. intelligence officials determined that a Chinese businesswoman with a close relationship to Huang had been passing information to Beijing. Nvidia defended its relationship with the woman, saying its dealings with her were routine and that it shared no sensitive trade secrets or information about national security.

5:36Ellison, meanwhile, saw his fortune drop$8 billion since last month to$172 billion, as shares of Oracle slid in October. Oracle shares are now roughly half as valuable as their 2025 high. In August 2025, Ellison teamed up with his son David to help pull off the merger of Paramount and David's Skydance Media. And then in October of this year, the father-son team closed Skydance's $110 billion acquisition of media giant Warner Brothers Discovery. The deal was one of the largest mergers in history and handed the Ellisons unprecedented sway over American media, CBS and CNN under one roof, HBO Max and Paramount Plus fused, and Warner Brothers and Paramount pictures sharing a parent.

6:23That's on top of the tech and real estate empire the Elder Ellison, Oracle's co-founder, chairman, and chief technology officer, and President Donald Trump's new neighbor, already controls. All of the top 10 richest people in the world are Americans, and all of them are men. Six of them are worth$200 billion or more. The poorest of them is worth$154 billion. For full coverage and to see the whole list, check out the Forbes Wealth Teams piece on Forbes.com. This is Kieran Meadows from Forbes. Thanks for tuning in.

7:14UKG is the workforce operating platform with unified HR, payroll, and workforce management. Built to solve the unique challenges of frontline work. Powered by People First AI and decades of labor data, UKG turns workforce intelligence into real-time decisions around staffing, pay, compliance, and productivity, enabling every worker to confidently take action as work happens. Because when work works, everything works. Learn more at ukg.com slash work. UKG, HR, pay, and workforce management.

From the publisher

The world’s top ten richest people lost a total of $273 billion over the past month, as disappointing tech earnings and concerns over AI spending drove the tech-heavy Nasdaq down nearly 5%. The wealthiest person on Earth, Elon Musk, was the biggest loser, as his fortune fell by an estimated $68 billion, to $869 billion as of 12 a.m. Eastern time on November 1. That’s because shares of SpaceX, which account for nearly four-fifths of Musk’s net worth, fell by 11%, more than offsetting a 13% increase in Tesla’s stock price. But Musk is still more than twice as rich as his runner-up, Jeff Bezos, whose fortune dipped by an estimated $8 billion, to $361 billion, as shares of Amazon slid by 4%.

The second and third biggest losers were Google cofounders Larry Page (world wealth rank: No. 3) and Sergey Brin (No. 5), whose fortunes tumbled by an estimated $53 billion and $49 billion, respectively, as shares of Google’s parent company Alphabet dropped by more than 18%. Page and Brin are now worth $233 billion and $214 billion, respectively.

Read the full story on Forbes: https://www.forbes.com/sites/forbeswealthteam/article/the-top-ten-richest-people-in-the-world/
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