Last year, the total wealth of the global Top 500 billionaires surpassed $10 trillion, with CZ's wealth increasing by 60% to $55 billion

Odaily Planet Daily News In 2024, the wealth of the world's top 500 billionaires saw a significant increase, with Elon Musk, Mark Zuckerberg, and Jensen Huang leading the billionaire group to reach a new milestone: a total net worth of $10 trillion. The strong rise in U.S. tech stocks played a key role in the wealth growth of these three individuals, while the fortunes of Larry Ellison, Jeff Bezos, Michael Dell, and Google co-founders Larry Page and Sergey Brin also increased significantly. The wealth of these eight tech giants alone appreciated by over $600 billion this year, accounting for 43% of the $1.5 trillion increase tracked by the Bloomberg Billionaires Index among the 500 billionaires. Trump's election victory also triggered a historic rebound in digital assets, with Bitcoin breaking the $100,000 mark for the first time. This particularly fueled the rise of cryptocurrency billionaires: CZ of Binance Holdings saw his wealth grow by 60% to $55 billion, and Brian Armstrong, co-founder of Coinbase Global Inc., had a net worth increase of over 50%, reaching $11.1 billion. (Bloomberg)