The World's Billionaires

SpaceX, Elon Musk’s company, is now valued at $350 billion, according to an agreement with its investors to purchase shares from its employees.

Colin Huang, the founder of Chinese e-commerce giant PDD Holdings and the online trading platform Temu, has seen his fortune plummet by 14 billion dollars in a single day. Huang, who had briefly held the title of China's richest person, fell to fourth place following a significant 29 percent drop in the value of the company's shares traded in the US.

In 2024, it was another good year for the world’s “billionaires” club. Their combined fortune grew by $370 billion – an amount greater than the value of a banking giant like Bank of America ($308 billion).

In the latest unveiling of Forbes' prestigious billionaires list for 2024, the world witnesses a dynamic panorama of wealth distribution and economic shifts. Among the familiar names in the rankings are the brothers Kiril and Georgi Domuschievi, albeit with a notable decline in their fortunes, placing them at 1545th position. 2,781 people from 78 nations were Included in Forbes' ranking.

Some 27 billionaires made it to Forbes' Richest People in the World List this year with a combined net worth of $57.7 billion.

There were 26 people from Türkiye on the list last year with a total net worth of $52.5 billion. 

Record number of billionaires who increased their wealth even more in 2023

Record number of billionaires who increased their wealth even more in 2023

Amazon founder Jeff Bezos took back his spot as the world's richest man on Monday, dethroning Elon Musk on the Bloomberg Billionaires Index.

Bezos' net worth stands at $200 billion, according to the tracker, surpassing the Tesla chief's $198 billion.

The total number of global billionaires fell by 3.5%

Yang Huiyan, one of the wealthiest Chinese women and the president of real estate giant Country Garden, has reportedly lost more of her wealth in the past two years than any other billionaire in the world, and her construction conglomerate is on the brink of bankruptcy, according to Bloomberg, as reported by Jutarnji.