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Stock impact report

AI Boom Billionaires: These Tech Moguls Joined The Forbes List In 2025 [Forbes]

Duolingo, Inc. - Class A (DUOL) 
Company Research Source: Forbes
A wash in venture capital money and investor delirium for all things AI, no group has gotten richer (adding $600 billion) or gained more billionaires (46) over the past year than the planet's tech moguls. As a group, they're the wealthiest industry on Forbes , worth a collective $3.2 trillion. The AI arms race, prompted by ChatGPT's release in 2022, is in full swing. Investor excitement, new large language model releases and a growing list of business applications for AI have pushed up tech valuations—and minted a batch of new billionaires. The seven former OpenAI employees who left to cofound Anthropic in 2021 are now billionaires, thanks to a massive $3.5 . Elon Musk's xAI raised $6 billion at a $50 billion valuation in December. (After we locked in net worths for the list, Musk merged xAI and X, formerly Twitter, in a late March deal valuing the latter at $80 billion.) And DeepSeek, founded by Chinese hedge fund manager and new billionaire with the release of its R1 reasoning Show less Read more
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