World's 24 Superbillionaires Identified, Featuring Musk, Bezos
World's 24 Superbillionaires Identified, Featuring Musk, Bezos

World's 24 Superbillionaires Identified, Featuring Musk, Bezos

News summary

The Wall Street Journal has released a list of the world's top 24 'super billionaires,' defined as individuals with a net worth of $50 billion or more. Elon Musk leads this category with a staggering net worth of $419.4 billion, followed by Jeff Bezos at $263.8 billion and other tech giants like Mark Zuckerberg and Sergey Brin. The list highlights the concentration of wealth among tech and industrial leaders, with 16 of the 24 individuals classified as centi-billionaires, having net worths exceeding $100 billion. Notably, the combined wealth of these super billionaires amounts to $3.3 trillion, representing a significant portion of global wealth. Critics, including economist Joseph Stiglitz, argue that such wealth accumulation is facilitated by lax antitrust laws and tax avoidance strategies. This emerging class of super billionaires underscores a shift in wealth dynamics compared to historical figures like Carnegie and Rockefeller.

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