Discover why Victoria-by-the-Sea is celebrated by Forbes as one of the world's most beautiful villages.

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Forbes released its 40th annual World's Billionaires List on March 10, 2026, revealing a record 3,428 billionaires worldwide, up from 3,028 the previous year. Their combined wealth reached an all-time high of $20.1 trillion, an increase of $4 trillion. The average billionaire's net worth rose to $5.8 billion from $5.3 billion. Elon Musk retained his position as the world's richest person with a staggering $839 billion, driven largely by gains in Tesla and SpaceX valuations, marking the largest single-year dollar increase of $497 billion. This places him far ahead of others, with Google co-founders Larry Page at $257 billion and Sergey Brin at $237 billion in second and third places. The top six are all American tech moguls, including Jeff Bezos ($224 billion), Mark Zuckerberg ($222 billion), and Larry Ellison ($190 billion). Other notable rankings include Bernard Arnault ($171 billion) in seventh, Jensen Huang ($154 billion), Warren Buffett ($149 billion), and Amancio Ortega ($148 billion). The number of individuals worth over $100 billion grew to 20 from 15. New billionaires included celebrities like Dr. Dre, Beyoncé Knowles-Carter, and Roger Federer, each at or around $1 billion, as well as figures like Kimbal Musk and Greg Abel. Donald Trump's wealth rose 27% to $6.5 billion following crypto ventures and legal developments, ranking him 645th. Changpeng Zhao surpassed Bill Gates with $110 billion. The list highlighted tech dominance, with 89 people dropping off and 390 newcomers. While men still dominate, 122 self-made women were included. The youngest billionaire is 20-year-old heiress Amelie Voigt Trejes at $1.1 billion, and the youngest self-made is 22-year-old Surya Midha.

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