World’s richest people gained $1.5 trillion in 2023
From Fortune:
The world’s 500 richest people saw their combined net worth surge by $1.5 trillion in 2023, fully rebounding from the $1.4 trillion lost the year prior. Tech stocks, especially those linked to artificial intelligence, played a significant role in this growth. Elon Musk recaptured the title of world’s richest person, and Jeff Bezos and Mark Zuckerberg also saw significant gains. Meanwhile, Indian billionaire Gautam Adani took a major hit, losing $37.3 billion in one year.
Looking ahead to 2024, some names to watch in the world of the wealthiest include Miriam Adelson, Francoise Bettencourt Meyers, Steve Cohen, Mark Cuban, and Carl Icahn. Rupert Murdoch has stepped down from his role at News Corp, while Masayoshi Son’s investments face scrutiny and Donald Trump’s wealth continues to grow. Meanwhile, Binance founder Changpeng “CZ” Zhao saw a significant rebound in his wealth despite facing legal troubles.
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