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$845 billion windfall in 2026: AI boom drives unprecedented wealth creation for tech billionaires

Summary by Times of India
Technology billionaires added a record $845 billion to their combined fortunes in the first nine months of 2026, driven by the artificial intelligence boom, according to figures from the Bloomberg Billionaires Index cited by The Kobeissi Letter. Their wealth reached $4.6 trillion, while billionaires in other sectors collectively lost $62 billion.

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Times of India broke the news in India on Tuesday, October 13, 2026.
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