NEW YORK (AP) — The world could see its first trillionaire sooner than you think. And that puts today’s richest 1% in the spotlight.

In an annual assessment of global inequalities released earlier this week, Oxfam International said the first trillionaire could emerge within the next decade – as the anti-poverty organization highlighted the widening wealth gap that has deepened worldwide during the COVID-19 pandemic Height shot up.

Among the findings, Oxfam highlighted the personal fates of the five richest people in the world – Tesla CEO Elon Musk, Bernard Arnault and his family of the luxury company LVMH, Amazon founder Jeff Bezos, Oracle founder Larry Ellison and investment guru Warren Buffett – more than have doubled since 2020.

To measure this increase, Oxfam measured Forbes net worth. List of billionaires in real time As of March 2020 and the end of November 2023. Such lists fluctuate over time and even within hours – for example, while Buffett was the fifth richest person in November, he was ranked 7th in Forbes’ Wednesday rankings.

Oxfam timed its report to coincide with the meeting of political and business elites in Davos, Switzerland, where the World Economic Forum meets annually. Numerous billionaires and multimillionaires have also written a letter calling on global leaders to fairly tax the super-rich like themselves. Musk, Arnault, Bezos, Ellison and Buffett were not among the signatories – although Buffett has been known to criticize lower tax rates for the rich and has previously advocated for policy changes in the same vein.

Here’s a look at the net worth of these five billionaires in the spotlight this week and where their net worth stands today.

Elon Musk: $226.6 billion

Elon Musk is currently considered the richest person in the world, with a net worth of $226.6 billion according to Forbes real-time rankings as of Wednesday. That’s down from $245.5 billion in November 2023.

In addition to leading Tesla, Musk is also the CEO of rocket ship company SpaceX. In 2022, he also purchased Twitter, now called X, for $44 billion. Although he no longer serves as the social media platform’s CEO, he still wields widespread influence – and is grappling with numerous issues ranging from content moderation and hate speech to advertiser alienation.

Bernard Arnault and family: $175.1 billion

According to Forbes, Bernard Arnault and his family currently have a personal fortune of $175.1 billion. That’s down from about $191.3 in November 2023.

The French businessman has been CEO of LVMH Moët Hennessy Louis Vuitton, the world’s largest luxury group, since becoming majority shareholder in 1989. He is also chairman of Groupe Arnault SE, his family’s holding company and primarily an investment firm.

Jeff Bezos: $173.6 billion

According to Forbes, Jeff Bezos’ net worth was $173.6 billion as of Wednesday. That’s up from $167.4 billion in November 2023.

In 1994, Bezos founded Amazon in a Seattle garage – and his wealth skyrocketed as the company grew into the e-commerce giant it is today. He stepped down as CEO in early 2021, but still has significant influence over Amazon as the company’s chairman and largest shareholder.

Larry Ellison: $134.9 billion

According to Forbes, Larry Ellison currently has a personal fortune of $134.9 billion, up from $145.5 billion in November 2023.

Ellison co-founded Oracle Corporation, a software and database management giant, in 1977 and served as CEO until 2014. Today he is Chief Technology Officer and Chairman of the Board. Ellison, who also served on Tesla’s board from 2018 to 2022, has been at the top of the billionaires list for several years.

Warren Buffett: $119.5 billion

When Oxfam used Forbes figures for its inequality report, Warren Buffett was the fifth richest person in the world, with a net worth of $119.2 billion. While his personal wealth has remained relatively stable since then ($119.5 billion as of Wednesday), Meta CEO Mark Zuckerberg and Microsoft co-founder Bill Gates have him in the Forbes rankings with current net worths of $129.5 billion and $120.1 billion overtaken.

Over the years, Buffett has earned a reputation for his investing success and aggressive business tactics. He runs Berkshire Hathaway, a holding company that owns dozens of companies in industries such as insurance, manufacturing, utilities, transportation and retail.