A record 1,434 individuals in China now have wealth above 5 billion yuan ($702 million), marking a 31 per cent jump from last year, according to the latest Hurun China Rich List
Ellison's wealth shot up 30 per cent on Wednesday -- the biggest one-day increase ever recorded -- while he has seen a 99 per cent increase in his wealth so far this year
Billionaires earned $304 billion in a day after Trump paused tariffs; Musk up $36 billion. Critics allege market manipulation over his bullish post before the surprise move
Bloomberg Billionaires Index 2024 reported that Elon Musk has become the first person in history to achieve a net worth exceeding $400 billion. Here's a look at the richest men in the last century:
Ramesh Kunhikannan is among the 25 Indians who made a debut on the Forbes World's Billionaires list of 2024. His Kaynes Technology had supplied electronic systems for the mission
In comparison, Ambani, who topped the list last year, has seen a 2.5 per cent decline in his family's net worth to $101.75 billion from $104.4 billion a year ago
Overall, fortunes of the handful of people tracked by the Bloomberg index in the EV industry have increased by more than $140 billion -- including Musk's $111 billion surge.
The chairman of Reliance Industries, whose wealth surpassed Warren Buffett's last week, is now worth $72.4 billion, according to the Bloomberg Billionaires Index.
