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LONG READ: The Sanusi speech that scolded Buhari’s government

0 in Share First of all, I want to break from tradition. Usually I speak in Hausa in Kano. But, I don’t know how I am go...

Saturday, 18 January 2025

World's Richest Surpass $10 Trillion in 2024, Driven by Tech Titans

The wealth of the world’s 500 richest individuals surged to $10 trillion, with Elon Musk, Mark Zuckerberg, and Jensen Huang leading gains. Tech billionaires saw a combined $903bn increase, driven by soaring stock performances in AI and digital assets.


Top Winners:

— Elon Musk: Added $213bn, reaching $442.1bn as Tesla, SpaceX, and xAI thrived under Trump’s crypto and tech-friendly policies.
— Jensen Huang: Nvidia CEO gained $76bn amidst the AI boom, tripling the company’s stock value.
— Mark Zuckerberg: Despite regulatory fines, Meta's stock gained 70%, adding $81bn to his fortune.
— Crypto Billionaires: Binance’s CZ and Coinbase’s Brian Armstrong saw significant wealth growth, buoyed by Bitcoin's rally above $100k.

Billionaire wealth now rivals the GDPs of Germany, Japan, and Australia combined, with tech and crypto continuing to dominate the narrative in global markets.


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