In February 2026, the US stock market experienced a significant rotation of funds, with tech stocks seeing investor withdrawals and notable changes in the global billionaire rankings. NVIDIA CEO Jensen Huang fell out of the global top 10 billionaires list, with his personal wealth shrinking by over US$3 billion. Other tech billionaires, such as Google's two founders, Oracle's chairman, and Amazon's founder, also saw substantial declines in their wealth. Meanwhile, Tesla and SpaceX CEO Elon Musk's net worth increased again, reaching a cumulative US$677 billion, a historic high. The three Walton siblings, founding members of Walmart, successfully entered the global top 10 billionaires list, with a combined net worth of US$465.8 billion.
