On January 1st, it was reported that the world’s top 500 billionaires will take the next step in 2024, led by Elon Musk, Mark Zuckerberg, and Huang Renxun, to reach a new milestone: their total net worth will reach $10 trillion. The unstoppable rise of US technology stocks has played a key role in the wealth growth of these three individuals, and has also driven up the net asset value of Larry Ellison, Bezos, Michael Dell, as well as Google co founders Larry Page and Sergey Brin. The assets of these eight tech giants alone will increase by over $600 billion in 2024, accounting for 43% of the $1.5 trillion asset growth of the richest 500 people tracked by the Bloomberg Billionaires Index.
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