The world’s 500 richest people got vastly richer in 2024, with Elon Musk, Mark Zuckerberg and Jensen Huang leading the group of billionaires to a new milestone: A combined $US10 trillion ($16 trillion) net worth.
An indomitable rally in US technology stocks played a key role in turbocharging the trio’s wealth, as well as the fortunes of Larry Ellison, Jeff Bezos, Michael Dell and Google co-founders Larry Page and Sergey Brin. The eight tech titans alone gained more than $US600 billion this year, 43 per cent of the $US1.5 trillion ($2.4 trillion) increase among the 500 richest people tracked by the Bloomberg Billionaires Index.
Bloomberg Wealth
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