Forbes’ September 1, 2026 snapshot showed a powerful August rebound at the top of the global wealth rankings. Elon Musk remained No. 1 with an estimated fortune of $892 billion after gaining $202 billion during the month, while the combined wealth of the 10 richest people increased from $2.6 trillion to $2.8 trillion.
2
34
35
The biggest change: Musk’s sharp rebound
Musk’s August recovery came after a dramatic decline in July. A Forbes-based August 1 snapshot valued his fortune at about $690 billion after a reported $363 billion monthly drop.
36
37
By September 1, his estimated fortune had climbed to $892 billion. That gave Musk a lead of more than three times Larry Page’s $277 billion fortune, based on the figures in the ranking.
2
35
The supplied evidence links Musk’s gains broadly to stronger SpaceX and Tesla valuations, and contemporaneous Forbes reporting documented SpaceX rallies that briefly pushed his fortune above $900 billion during August.
1
3
11 However, the specific claims that SpaceX rose 33% and Tesla rose 18% are not substantiated by the provided sources, so they should not be treated as confirmed figures.
Forbes’ September top 10
The September 1 ranking was reported as follows:
2
34
40
- Elon Musk — $892 billion
- Larry Page — $277 billion
- Jeff Bezos — $268 billion
- Sergey Brin — $256 billion
- Michael Dell — $241 billion
- Mark Zuckerberg — $197 billion
- Larry Ellison — $193 billion
- Jensen Huang — $191 billion
- Steve Ballmer — $155 billion
- Amancio Ortega — $148 billion
The top six positions reportedly did not change during August.
2
Larry Page remained in second place despite losing about $15 billion during the month, according to reporting on the Forbes ranking.
32
35 Bezos and Brin also remained among the leading fortunes, but the supplied evidence does not consistently document their precise August gains or losses across sources.
Ballmer and Ortega return to the group
The most notable movement outside the top six was at the bottom of the ranking. Former Microsoft CEO Steve Ballmer returned at No. 9 after gaining $10 billion and moving up from No. 11.
2
Amancio Ortega, the Spanish founder associated with Inditex and Zara, returned at No. 10 after adding $5 billion and advancing from No. 12.
2
Forbes’ ranking identified Ortega as the only non-U.S. citizen in the September top 10, meaning the other nine members were American.
2 The available evidence does not independently establish the specific performance explanations involving LVMH or Berkshire Hathaway for the people who dropped out.
Larry Ellison’s climb
Larry Ellison moved from eighth to seventh, reaching an estimated $193 billion. Separate reporting on the ranking said his fortune increased by $25 billion during August.
33
34
The supplied sources do not verify the requested claim that Oracle shares rose exactly 15%, so that percentage is best left out of the confirmed account. The broader pattern is clear: changes in the market value of large technology companies had a major effect on the month’s billionaire standings.
What the ranking says about billionaire wealth
The move from $2.6 trillion to $2.8 trillion in combined wealth among the top 10 represents an increase of roughly $200 billion in one month.
34
37 The comparison also shows why billionaire rankings can change rapidly: these fortunes are largely tied to the changing value of company shares and private-company stakes rather than to monthly income in the conventional sense.
Musk’s trajectory is an extreme example. Forbes reporting in June said SpaceX’s public-market debut had made him the first person Forbes declared a trillionaire, with an estimated fortune of $1.1 trillion at that point.
5
7 Later market declines removed him from trillionaire status before the August recovery.
4
6
The defensible conclusion from the September snapshot is therefore narrower than some of the broader claims surrounding it: Musk recovered substantially from July’s decline, the richest 10 collectively regained about $200 billion, and Ballmer and Ortega re-entered the group. The available evidence does not support every quoted stock-movement percentage or every explanation for the ranking changes.