Collective Wealth Revealing a Record-Breaking Year

Forbes has released its annual list of the world’s billionaires for 2024, revealing a record-breaking year in terms of both the number of billionaires and their collective wealth. According to the report:

  • The total number of billionaires has increased by 141 from the previous year, reaching 2,781 individuals.
  • Their combined net worth has surged to $14.2 trillion, marking a $2 trillion increase from 2023.
  • The U.S. boasts the highest number of billionaires at 813, followed by China with 473, and India with a record 200 billionaires.
  • Bernard Arnault and his family top the list with a net worth of $233 billion. Arnault heads LVMH, a luxury fashion and cosmetics conglomerate.
  • Elon Musk, founder of Tesla and SpaceX, and the new owner of Twitter (now X), is the second richest with a net worth of $195 billion.
  • Jeff Bezos, Amazon’s founder, closely follows Musk with a similar net worth of $195 billion.
  • Facebook’s Mark Zuckerberg is worth $177 billion, placing him next in line.
  • Notable mentions include Fox News founder Rupert Murdoch ($19.5 billion), Dallas Cowboys’ Jerry Jones ($13.9 billion), Jay-Z ($2.5 billion), Kim Kardashian ($1.7 billion), and Taylor Swift ($1.1 billion).
  • The wealthiest woman on the list is Francoise Bettencourt Meyers, the granddaughter of the L’Oreal founder, with a net worth of $99.5 billion.

Forbes used stock prices and exchange rates from March 8, 2024, to calculate these figures. This list not only highlights the increasing wealth among the world’s richest but also showcases the significant presence of billionaires from various industries and regions.

cover photo: Monica image generator

One Comment

  1. The Native American

    Corporate Tax rates need to increase! Back around the 60s’, it was at least near 50%. Today? Much less than 13%!

    Then Jack Welch came into the scene, and was the savior for the wealthy, rich, and corporate crooks! Because of him, we no longer have decent pay, pensions, nor retirement for anything whatsoever!

    People need to fight back, and demand better raises and benefits. But again, people who vote Repub/Conserv are the problem as well. I guess they would rather die broke, hungry, and homeless!

    A person’s livelyhood/health shouldn’t be politicized.

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