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THE $100 BILLION CLUB.

Authors :
PETERSON-WITHORN, CHASE
Source :
Forbes; Apr/May2024, Vol. 207 Issue 2, p17-19, 3p, 1 Color Photograph, 1 Graph
Publication Year :
2024

Abstract

The number of billionaires with fortunes exceeding $100 billion is increasing rapidly, with a record 14 individuals qualifying for the elite $100 Billion Club this year. Many of these billionaires made their wealth through tech companies. These 14 individuals have seen their net worths increase by 255% over the past decade, outpacing inflation and the stock market. They collectively hold $2 trillion, which represents 14% of all billionaire wealth. The list includes individuals such as Bernard Arnault, Elon Musk, Jeff Bezos, Mark Zuckerberg, and Larry Ellison. The combined net worth of the world's billionaires has skyrocketed by 545% over the past two decades, reaching $14.2 trillion. [Extracted from the article]

Details

Language :
English
ISSN :
00156914
Volume :
207
Issue :
2
Database :
Complementary Index
Journal :
Forbes
Publication Type :
Periodical
Accession number :
176398409