{"id":133500,"date":"2025-04-13T03:33:21","date_gmt":"2025-04-13T03:33:21","guid":{"rendered":"https:\/\/quixnet.net\/wpinstance\/richest-man-in-the-world-regains-top-spot-on-forbes-2025-list-who-are-billionaires-in-ms-the-clarion-ledger\/"},"modified":"2025-04-13T03:33:21","modified_gmt":"2025-04-13T03:33:21","slug":"richest-man-in-the-world-regains-top-spot-on-forbes-2025-list-who-are-billionaires-in-ms-the-clarion-ledger","status":"publish","type":"post","link":"https:\/\/quixnet.net\/wpinstance\/richest-man-in-the-world-regains-top-spot-on-forbes-2025-list-who-are-billionaires-in-ms-the-clarion-ledger\/","title":{"rendered":"Richest man in the world regains top spot on Forbes&#039; 2025 list. Who are billionaires in MS? &#8211; The Clarion-Ledger"},"content":{"rendered":"<p><a href=\/story\/money\/2024\/09\/16\/alice-walton-richest-woman-forbes\/75256526007\/ target=_blank rel=\"noreferrer noopener\" data-t-l=:b|e|k|${u} class=gnt_ar_b_a>Forbes<\/a> recently released its list of the wealthiest people in the world, and a familiar <a href=\/videos\/money\/2025\/03\/28\/how-do-billionaires-avoid-paying-taxes-heres-what-we-know-now\/82706647007\/ data-t-l=:b|e|k|${u} class=gnt_ar_b_a>billionaire<\/a> topped the list for the first time since 2022<br \/><a href=\/story\/news\/politics\/2025\/03\/09\/elon-musk-doge-donald-trump-spending-cuts\/81748417007\/ data-t-l=:b|e|k|${u} class=gnt_ar_b_a>Elon Musk<\/a> was named the richest person in the world, a comeback after being dethroned Bernard Arnault and family for several years.<br \/>A record 3,028 people around the globe making\u00a0Forbes\u2019 annual list for 2025, 247 more than last year. The average fortune globally now stands at $5.3 billion, up $200 million from 2024, among those listed.<br \/>The U.S. has 902 billionaires. China, including Hong Kong, had 516, and India has 205.<br \/>Mississippi had two billionaires on the list.<br \/>Forbes indicated that the United States had a favorable backdrop for wealth creation and increasing visibility of the ultra-rich, starting with the White House, where <a href=\/story\/news\/politics\/2025\/04\/10\/trump-tariffs-buy-stock-market-increase-ethics\/83022916007\/ target=_blank rel=\"noreferrer noopener\" data-t-l=:b|e|k|${u} class=gnt_ar_b_a>Donald Trump<\/a> was sworn in as \u201cAmerica\u2019s billionaire-in-chief.\u201d<br \/>Here&#8217;s what to know about the richest person in the world and the <a href=\/videos\/money\/2025\/03\/11\/the-wealth-gap-400-billion-versus-the-median-american-net-worth\/82270178007\/ target=_blank rel=\"noreferrer noopener\" data-t-l=:b|e|k|${u} class=gnt_ar_b_a>richest people<\/a> in Mississippi.<br \/><a href=https:\/\/www.forbes.com\/profile\/elon-musk\/ data-t-l=:b|z|k|${u} class=gnt_ar_b_a>Elon Musk<\/a> is the world&#8217;s richest person.<br \/>His operations, which include work in AI (xAI); social media (X); electric vehicles, solar power and batteries (Tesla); and spaceflight (SpaceX), among others, propelled his wealth to $342 billion, according to Forbes.<br \/>\u201cThis time around, he\u2019s giving the billionaire class more control over the government than ever before,\u201d Forbes said. \u201c(Trump&#8217;s) right-hand man is the planet\u2019s richest person.&#8221;<br \/>Brothers <a href=\"https:\/\/www.forbes.com\/profile\/james-duff\/?list=billionaires\" target=_blank rel=\"noreferrer noopener\" data-t-l=:b|z|k|${u} class=gnt_ar_b_a>James Duff<\/a>, 64, and <a href=https:\/\/www.forbes.com\/profile\/thomas-duff\/ target=_blank rel=\"noreferrer noopener\" data-t-l=:b|z|k|${u} class=gnt_ar_b_a>Thomas Duff<\/a>, 68, are both ranked 1,108 on the list. They each have a net worth of $3.3 billion. Both live in Hattiesburg.<br \/>Their father, Ernest Duff, founded Southern Tire Mart in the early &#8217;70s. He sold the business in 1998, and the pair bought it back in 2003. According to Forbes, it&#8217;s their biggest company and sells more than 4 million new tires a year and 2.5 million truck tire retreads. They&#8217;re working with Flying J truck stops to expand.<br \/>The pair co-own <a href=https:\/\/dcinvestors.com\/ target=_blank rel=\"noreferrer noopener\" data-t-l=:b|z|k|${u} class=gnt_ar_b_a>Duff Capital Investors<\/a>, which they launched in 2007. The company&#8217;s total revenue exceeds $5 billion from more than 20 companies that include KLLM trucking, Frozen Food Express, TL Wallace Construction, Magnolia Grille, Magnolia Inn&#038; Suites. The business also has investments in several car dealerships and real estate.<br \/>Tom Duff has served on the <a href=https:\/\/www.mississippipower.com\/company\/about-us\/our-leadership.html data-t-l=:b|z|k|${u} class=gnt_ar_b_a>Mississippi Power Company Board of Directors<\/a> since being elected in 2018. Then-Gov. Phil Bryant appointed him to serve on the <a href=http:\/\/www.mississippi.edu\/board\/board-duff_thomas.asp target=_blank rel=\"noreferrer noopener\" data-t-l=:b|z|k|${u} class=gnt_ar_b_a>Mississippi Institutions of Higher Learning Board of Trustees<\/a> from May 2015 to May 2024.<br \/>The brothers have made the Forbes billionaires list since 2019, when they started with a net worth of $1.2 billion.<br \/>Mississippi native <a href=https:\/\/www.forbes.com\/billionaires\/ target=_blank rel=\"noreferrer noopener\" data-t-l=:b|z|k|${u} class=gnt_ar_b_a>Oprah Winfrey<\/a> also made the list with a net worth of $3 billion this year.<br \/>According to Forbes, the Top 10 richest people and their net worth were:<br \/><em>Contributing: Lici Beveridge<\/em><br \/><a href=https:\/\/www.azcentral.com\/staff\/2646084001\/russ-wiles\/ target=_blank rel=\"noreferrer noopener\" data-t-l=:b|e|k|${u} class=gnt_ar_b_a>Russ Wiles<\/a>, a business writer and columnist, covers a range of money and economic topics for The Republic and the USA TODAY Network. Write to him at <a href=mailto:russ.wiles@arizonarepublic.com target=_blank rel=\"noreferrer noopener\" data-t-l=:b|z|k|${u} class=gnt_ar_b_a>russ.wiles@arizonarepublic.com<\/a>.<br \/><em><a href=\/staff\/4406894002\/bonnie-bolden\/ target=_blank rel=\"noreferrer noopener\" data-t-l=:b|e|k|${u} class=gnt_ar_b_a>Bonnie Bolden<\/a>\u00a0is the Deep South Connect reporter for Mississippi with Gannett\/USA Today. Email her at\u00a0<a href=mailto:bbolden@gannett.com target=_blank rel=\"noreferrer noopener\" data-t-l=:b|z|k|${u} class=gnt_ar_b_a>bbolden@gannett.com<\/a>.<\/em><\/p>\n<p><a href=\"https:\/\/news.google.com\/rss\/articles\/CBMi4gFBVV95cUxOaXE0NWw5ZjBDTXpDUkh6WGhXcmduNFlnT19HR3dHNjZaMldPYnVvVy1Ed1FlRlhHTkRQVFpLY1FGQjdUR0JPcVMzdXE2Q0pYdzh2REtvbzdfaUF1UDJGMVJiMWRTM3ZQYVVNM0l2ZjJpa1JTeVFOZ0hNQmRSVFptZHJ3ck95TUNRVnBBdUNQeGZsUVd6eDJmajZaVTh2cDZLSGppd0todXNRc3k4RzdGVlpvNWhHX1B4SVFtVWRsLUhUSnJISlpmbkFlVGkyYlY2UmVFZ3dDc1hUUndTMDZzWm13?oc=5\">source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forbes recently released its list of the wealthiest people in the world, and a familiar billionaire topped the list for the first time since 2022Elon Musk was named the richest person in the world, a comeback after being dethroned Bernard Arnault and family for several years.A record 3,028 people around the globe making\u00a0Forbes\u2019 annual list [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":133501,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[10],"tags":[],"class_list":["post-133500","post","type-post","status-publish","format-standard","has-post-thumbnail","category-world","entry"],"_links":{"self":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/133500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/comments?post=133500"}],"version-history":[{"count":0,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/133500\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media\/133501"}],"wp:attachment":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media?parent=133500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/categories?post=133500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/tags?post=133500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}