The world’s billionaires are riding high, with Forbes finding a record 2,781 of them around the globe this year, worth a record $14.2 trillion altogether. With many markets up, the surge in wealth has made 265 people billionaires over the past year, up from 150 newcomers in 2023.
Bankruptcy, scandal and stock crashes helped knock Bolt’s Ryan Breslow, Evergrande’s Hui Ka Yan and scores of others out of the three-comma club over the past year.
Here are the wealthiest people on Forbes’ annual rich list.
How the famed French cobbler turned his signature red soles—worn by Beyoncé, Taylor Swift and anyone who can afford them—into serious gold.
For the first time in 15 years, there are no self-made billionaires under the age of 30.
Donald Trump is more than $5 billion richer today after shares of Trump Media & Technology Group, which operates the Truth Social platform, began trading on the Nasdaq.
A contract between SpaceX and the U.S. is worth $1.8 billion, Reuters reported.
Construction on the Titanic II is expected to start in 2025 and the ship could launch as soon as June 2027 if all goes according to plan.
Musk’s net worth is down almost $60 billion in 2024 alone, according to Forbes’ estimates, as Tesla stock tanked and a judge swatted down Musk’s record compensation package.
Ryan Breslow rode his fintech unicorn Bolt to the bank. Then came the lawsuits and money squabbles — and a brutal valuation crash that wiped out much of his fortune.