US EditionWorld’s 500 Richest Surpassed $10 Trillion in Wealth: Bloomberg
- The net worth of the world's 500 richest people surpassed $10 trillion in 2024, with Elon Musk, Mark Zuckerberg, and Jensen Huang leading the group of billionaires to this new milestone
- The eight tech titans alone gained more than $600 billion this year, 43% of the $1.5 trillion increase among the 500 richest people tracked by the Bloomberg Billionaires Index. This boosted their combined fortune to an unprecedented $4.421 trillion, up $213 billion from the beginning of the year
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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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