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Elon Musk reigns supreme again on the Forbes 400 with a staggering $908 billion, as the ultra-rich consolidate even more power—top 200 billionaires now control $4 trillion. The bar to join the list has soared to $4.4 billion, leaving many out, yet 34 newcomers surged in, mostly from the explosive AI boom. Women are breaking through with 13 self-made billionaires, and age spans from 97 to under 40, revealing a dynamic, evolving elite. But beneath the glittering numbers lies growing inequality—even among the super-rich—with wealth concentrating at the very top and AI poised to reshape who’s next in line.
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This is an automated, high-level news summary based on public reporting.
Sources:
https://patch.com/california/across-ca/ca-s-richest-person-worth-278b-ranks-number-3-forbes-400
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