Some quintile is doing amazing in this economy.
Taylor Swift among 141 new billionaires in ‘amazing year for rich people’ | Rich lists | The Guardian
Taylor Swift among 141 new billionaires in ‘amazing year for rich people’
Combined assets of $14.2tn are more than the GDP of every country except China and the US
There are more billionaires than ever before. The world has 2,781 people with fortunes exceeding $1bn (£800m), an increase of 141 on 2023, according to Forbes’ annual ranking of the world’s richest people – with Taylor Swift among those making the list.
The billionaires are also collectively worth more than ever, with combined assets estimated at $14.2tn – a $2tn increase on 2023 and more than the GDP of every country except the US and China.
Their collective wealth has risen by 120% in the past decade, at the same time as billions of people across the world have seen their living standards decrease in the face of inflation and the cost of living crisis.
“It’s been an amazing year for the world’s richest people, with more billionaires around the world than ever before,” said Chase Peterson-Withorn, Forbes’ wealth editor. “A record-breaking 14 centibillionaires [$100bn] have 12-figure fortunes. Even during times of financial uncertainty for many, the super-rich continue to thrive.”
The richest person on the planet is Bernard Arnault, the majority owner of the luxury goods conglomerate LVMH, whose fortune, according to Forbes, increased by 10% to $233bn. Elon Musk is in second place with $195bn, an 8% increase on last year.
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