Another year, another record-breaking moment for the world’s billionaire elite. According to Forbes’ 2025 Billionaires List, the global tally has now reached 3,028 individuals, a historic milestone in the magazine’s decades-long tracking of global wealth. Among these ultra-wealthy, ten are either Cypriots or individuals who reside in Cyprus.

Cyprus’ most prominent billionaire remains John Fredriksen, the Norwegian-born shipping tycoon with Cypriot citizenship, ranked 119th globally with a net worth of $17 billion. Fredriksen’s empire spans oil tankers, LNG carriers, dry bulkers, and deepwater drilling rigs—cementing his status as a logistics powerhouse.

Also high on the list is Vinod Adani (No. 146), brother of Indian business magnate Gautam Adani, with an estimated fortune of $14.9 billion. Based in Cyprus, Adani's wealth stems from infrastructure and commodities across his diversified business interests.

Real estate mogul Yakir Gabay, aged 58, is valued at $4 billion (No. 902) and remains a key figure in European real estate through his stake in Germany’s Aroundtown SA.

The JetBrains software co-founders, Sergey Dmitriev (No. 1408, $2.6 billion) and Valentin Kipyatkov (No. 1947, $1.8 billion), both residents of Cyprus, continuing a tech-driven presence on the island that reflects its growing appeal to the startup and IT community.

Igor Makarov (No. 1763, $2 billion), a former cyclist turned energy tycoon and founder of Itera, and Vladimir Krupchak (No. 2623, $1.2 billion), who owns a stake in a major Russian paper mill, round out the list of energy and manufacturing figures residing in Cyprus.

On the Cypriot front, the Haji-Ioannou family continues its multigenerational presence on the list. Stelios Haji-Ioannou (No. 2479, $1.3 billion), founder of budget airline easyJet, is joined by his siblings Clelia and Polys Haji-Ioannou (both ranked No. 2623 with $1.2 billion each), all of whom derive their wealth from shares in the airline and other ventures.

The 2025 list includes 247 more billionaires than in 2024, and collectively, the world’s richest are worth $16.1 trillion—a stunning $2 trillion increase in just a year. The United States leads with 902 billionaires, followed by China (516) and India (205).

At the top of the global list sits Elon Musk with a jaw-dropping $342 billion, followed by Mark Zuckerberg ($216B), Jeff Bezos ($215B), Larry Ellison ($192B), and Bernard Arnault ($178B).