US EditionWorld’s 500 Richest Surpassed $10 Trillion in Wealth: Bloomberg
- The combined fortunes of the 500 richest people surpassed $10 trillion in 2024, driven by gains in technology stocks, according to a Bloomberg analysis.
- Eight billionaires, including Elon Musk and Jeff Bezos, added over $600 billion to their wealth, accounting for 43% of the increase among the wealthiest individuals.
- Senator Bernie Sanders highlighted concerns over wealth inequality and the influence of billionaires on democracy, calling it 'the defining issue of our time.'
- Trump's net worth reached record levels, supported by his media group's performance, as the incoming Republican-controlled Congress plans more tax cuts for the wealthy.
84 Articles
84 Articles
World's 500 richest surpass $10 trillion as tech stocks soar
The combined wealth of the world’s 500 richest individuals surpassed $10 trillion for the first time in history, thanks to a dramatic surge in technology stocks in 2024. According to the latest Bloomberg Billionaires Index, the top billionaires, led by Elon Musk, Mark Zuckerberg, and Jensen Huang, saw their fortunes soar, contributing significantly to this milestone. Elon Musk, the CEO of Tesla, SpaceX, and xAI, saw his net worth rise by $213 bi…
The total wealth of the world's 500 richest people in 2024 exceeded $10 trillion, Bloomberg reports. This condition is comparable in size to the combined GDP of Germany, Japan and Australia last year.
Space X and Tesla founder Elon Musk's fortune increased by a record $170 billion in 2024. This increase now places him at an extremely large gap with the second richest man in the world, Jeff Bezos, according to Forbes.
A list of the 500 richest people in the world shows that the rich are getting richer. The wealth of the top 500 has increased by around 1.5 trillion dollars. Tech giants such as Elon Musk and Mark Zuckerberg have contributed to the increase. But economists criticize such estimates.
The 500 richest people in the world have become significantly richer in 2024. Their total wealth exceeded the ten trillion dollar mark for the first time. In addition to the winners, there were also super-rich people whose wealth decreased.
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