Elon Musk Leads Super Billionaire Rankings; Ambani, Adani Join Elite
Elon Musk Leads Super Billionaire Rankings; Ambani, Adani Join Elite

Elon Musk Leads Super Billionaire Rankings; Ambani, Adani Join Elite

News summary

Elon Musk has been ranked as the world's richest person, with a net worth of $419.4 billion, according to a new report by Altrata featured in the Wall Street Journal. This report identifies a category of ultra-wealthy individuals called 'super billionaires,' defined as those with a net worth of at least $50 billion, of which there are 24 globally. Following Musk are Jeff Bezos at $263.8 billion and Bernard Arnault at $238.9 billion. Notably, 16 of the super billionaires exceed $100 billion in net worth, highlighting a growing wealth disparity even among the ultra-rich. The combined wealth of these individuals totals $3.3 trillion, which is comparable to the GDP of France. Analysts indicate that this concentration of wealth is reshaping luxury markets and contributing to stark economic inequalities within the billionaire class itself.

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