Daily Management Review

Bloomberg: World's top 500 billionaires have grown rich by $852 billion since beginning of 2023


07/04/2023


The aggregate wealth of the top 500 global billionaires climbed by $852 billion in the first half of the year.



Dan Taylor
Dan Taylor
The figures come from the Bloomberg Billionaires Index. This mostly reflects the fact that stock growth has resumed following decreases the previous year.

The S&P 500 Index increased by 16% in the first half of the year, while the NASDAQ 100 Index increased by 39%.

Elon Musk, who reclaimed his title as the richest man in the world in May, saw the highest growth in his wealth. His wealth now stands at $234 billion, a rise of $96.6 billion. Mark Zuckerberg, whose fortune increased by $58.9 billion to $104 billion during the past six months, is in second position.

source: bloomberg.com