Amid ongoing tensions between Iran and Israel, fluctuations are being seen in the global wealth rankings. According to the latest Bloomberg Billionaires Index, Jeff Bezos has now become the third richest person in the world.
His wealth increased by USD 3.92 billion in the last 24 hours.
As a result, Sergey Brin, who previously held the third position, has slipped to fourth place. Meanwhile, Larry Ellison has dropped out of the USD 200 billion club.
Adani and Ambani see gains, rankings unchanged
On the other hand, India's top billionaires also saw gains. Mukesh Ambani added USD 110 million to his wealth, while Gautam Adani gained USD 1.95 billion.
However, their rankings remain unchanged. Ambani holds the 18th position with a net worth of USD 91.8 billion, while Adani is ranked 22nd with USD 74.9 billion.
Elon Musk strengthens lead at the top
The rally in the US stock market also benefited several billionaires. The world's richest person, Elon Musk, saw his wealth rise by USD 2.05 billion, taking his total net worth to USD 654 billion.
Second-richest Larry Page gained USD 300 million and now has a net worth of USD 250 billion.
Bezos, now in third place, holds USD 235 billion, while Brin's wealth increased by USD 274 million to reach USD 233 billion.
Zuckerberg gains, Ellison drops below USD 200 billion
Mark Zuckerberg added USD 675 million to his fortune, taking his net worth to USD 211 billion.
In contrast, Larry Ellison's wealth declined by USD 1.06 billion, bringing his total to USD 195 billion and pushing him out of the elite USD 200 billion club.
Other key movers in the top 10
French billionaire Bernard Arnault gained USD 94.1 million and now has a net worth of USD 153 billion, placing him seventh globally.
Michael Dell has climbed to the eighth position with a net worth of USD 151 billion.
Jensen Huang gained USD 2.85 billion, taking his wealth to USD 148 billion, though he slipped one spot to ninth place.
At number ten, Jim Walton added USD 861 million, bringing his net worth to USD 146 billion.