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May 1, 2026 12:01 PM

This Tech Billionaire's Net Worth Crossed $300 Billion In April On AI Rally As Elon Musk Stays Richest In The World

A surge in AI-driven technology stocks reshaped global billionaire rankings in April, pushing Google co-founder Larry Page into the $300 billion club while keeping Elon Musk at the top of the world's richest list, according to Forbes’ compilation as of 12 a.m. EST on Friday.

April was a strong month for markets. The S&P 500 rose 10.4%, its best monthly performance since November 2020, while the Nasdaq climbed 15.3%, marking its strongest gain since April 2020. The rally lifted the combined net worth of the world's ten richest people to $2.7 trillion as of May 1.

Page leads gains

Page saw his fortune increase by $76 billion to an estimated $313 billion after Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) shares surged more than 33% over the past month. He became only the third person ever to surpass $300 billion, joining Musk and Oracle’s Larry Ellison.

Alphabet Inc.’s (NASDAQ:GOOGL) (NASDAQ:GOOG) gains were driven by strong quarterly revenue and renewed investor optimism around artificial intelligence, particularly in search and cloud computing. Shares ...