00:00today on forbes the 2025 forbes 400 list of wealthiest americans facts and figures
00:09another year another set of broken records for the 400 richest americans they're worth
00:15a record 6.6 trillion dollars in all after getting 1.2 trillion dollars richer over the past 12
00:21months it now takes a record 3.8 billion dollars to make the ranking 500 million dollars more than
00:28the minimum in 2024. the 2025 forbes 400 list was released on tuesday there's a record at the top of
00:37the list too elon musk is the first person to ever break the 400 billion dollar mark on the forbes 400
00:45he's the wealthiest person in america for the fourth straight year worth a staggering 428 billion dollars
00:52after adding 184 billion dollars to his fortune thanks to a run-up in tesla stock which has
00:58climbed 56 percent and 12 more months of increasing valuations of his privately held rocket firm
01:04spacex and artificial intelligence outfit xai musk is 152 billion dollars ahead of second place larry
01:12ellison a sum greater than warren buffett's entire net worth still ellison now worth 276 billion dollars
01:21is 101 billion dollars richer this year on the back of a 60 jump in the value of oracle shares
01:28he ranks second for the first time in 25 years mark zuckerberg meanwhile is america's third richest
01:35person worth 253 billion dollars following a 42 rise in the stock of facebook parent company meta
01:43forbes calculated net worths using share prices from september 1st 2025. much of america's great wealth
01:51remains concentrated at the very top of the very top the 20 richest people in the country hold a
01:57collective three trillion dollars nearly half of all american billionaire wealth up from 2.3 trillion
02:04dollars a year ago 15 of these 20 are now members of the 100 billion dollar club those whose fortunes
02:11span a dozen digits up from 12 in 2024. the three new members to join the group are alice rob and jim walton
02:20the three surviving children of walmart co-founder sam walton who passed away in 1992. shares of the
02:27retail giant are up 26 percent since last year's ranking helping alice walton retain her title as
02:33america's richest woman with her net worth at 106 billion dollars she is the first centibillionaire woman
02:40on the list the wealthiest self-made woman remains diane hendrix owner of roofing materials distributor abc
02:48supply whose net worth is 22.3 billion dollars in all there are 62 women on this year's ranking
02:56around 16 of the list and down from 67 or 17 in 2024 two women fell below the 3.8 billion dollar cutoff
03:06while another three passed away all were replaced on the list by men though nearly three quarters of the
03:13the women who remain among the top 400 are richer than a year ago more than two-thirds of the list
03:19is richer than a year ago though 89 billionaires fortunes stagnated or declined among them is bill
03:27gates who spent nearly three decades as the first or second richest person in america until 2021. gates
03:34at number 14 now ranks outside the top 10 for the first time in 34 years after transferring large sums in
03:42recent years to charity and to his ex-wife melinda french gates who ranks number 33. the forbes 400
03:49remains overwhelmingly self-made overall 71 built their own fortunes rather than inheriting them up from
03:5667 last year despite the record high barrier to entry 14 super rich americans managed to steal a spot on
04:05this year's ranking for the first time all are self-made the richest newcomer is edwin chen who is
04:12worth 18 billion dollars thanks to an estimated 75 stake in artificial intelligence data labeling firm
04:19surge ai at age 37 he's the youngest member of the forbes 400 and one of only four 30-somethings
04:28the oldest listees are lumber and timber baron archie aldis emerson who celebrated his 96th birthday in
04:35april and media tycoon donald newhouse who turned 96 in august notable newcomers include adam ferrugi
04:43who is the co-founder and ceo of marketing software and mobile game maker applovin vlad tenov of stock
04:49trading app robin hood and travis borsma of dutch bros coffee 22 people who fell off a previous forbes 400
04:57list managed to climb back into the ranks this year including charles ergan of dish network and echo star
05:03david bazooki of gaming platform roblox and the facebook famous crypto investing winklevoss twins
05:12for full coverage and to see the whole list check out chase peterson with orne's piece on forbes.com
05:19this is kieran meadows from forbes thanks for tuning in
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