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40 Under 40: The Richest Self-Made Billionaires Under 40

The number of self-made billionaires aged 39 or younger has soared amid the AI boom, tying the all-time record set in 2021. Here are the 40 wealthiest.

  • By Matt Durot
  • Forbes Staff
Beyoncé

Beyoncé is now a billionaire

A bold pivot to country music led to the most successful concert tour in the genre’s history and helped Cowboy Carter lasso a 10-figure fortune—becoming just the fifth musician to do so.

  • By Matt Craig

Inside Elon Musk’s year of blunders, bombs and payday bonanzas

From Trump frenemyship, the DOGE debacle, unmet self-driving car promises, chainsaws and “Mechahitler” to a $1 trillion pay deal, 2025 was the billionaire’s most chaotic and lucrative year.

  • By Alan Ohnsman
  • Forbes Staff

Hamilton Island changes hands from the billionaire Oatley family to Blackstone

The late Bob Oatley purchased Hamilton Island in 2003. Twenty-two years later, the Oatley family have sold the largest island in the Whitsundays archipelago in a deal said to be worth $1.2 billion. It spans 2,800 acres in the Great Barrier Reef, has five hotels, 20 restaurants, a dedicated marina and a commercial airport. ‘Hamo,’ […]

  • By Shivaune Field
  • Business Journalist

Asides

Why are there suddenly so many self-made billionaires under 30?

Fuelled by AI, prediction markets and online gambling, there are more self-made billionaires under 30 than ever before, 13 up from a previous record of 7.

  • By Matt Durot
  • Forbes Staff

Lululemon’s billionaire founder has been fighting to oust its CEO–He won, but he’s still not happy

Chip Wilson was both celebratory and harshly critical after the company announced last week that its CEO is stepping down. But it’s just one small battle in a very public war between Wilson and the company he created.

  • By Simone Melvin

Billionaire’s son gifted $1.2 million Richard Mille watch to Lionel Messi

Anant Ambani, son of India’s richest man Mukesh Ambani, gifted the soccer star a seven-figure watch on his recent trip to India.

  • By Mary Whitfill Roeloffs

More Epstein photos released—showing Bill Gates, Woody Allen and more

The photos come before the Friday deadline for the Trump administration to release its full Epstein files.

  • By Alison Durkee
  • Forbes Staff
Elon Musk is once again the world's richest person. Image: Getty

Musk already nears $700 billion valuation after Tesla stock breaks record

Tesla was trading at $488.54 when markets closed on Tuesday, finally reaching its previous record set in December 2024.

  • By Zachary Folk

Elon Musk just became the first person ever worth $600 billion

The world’s richest person just hit another major milestone thanks to the soaring valuation of his rocket maker SpaceX.

  • By Matt Durot
  • Forbes Staff
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