Top Billionaires’ Fortunes Soar: $28B Growth in a Month

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The wealthiest individuals in the world have seen a significant increase in their fortunes over the past month, according to a recent Forbes report. Seven out of the top 10 richest people globally have witnessed their wealth grow, leading to a combined net worth of $1.59 trillion, which is $28 billion higher than the previous month.

In March 2024, Larry Ellison, the co-founder of Oracle, experienced the most substantial gain in wealth, with his net worth surging by almost $16 billion following a 10% rise in Oracle’s stock price. Despite this surge, Ellison currently holds the fifth position among the world’s richest individuals after being surpassed by Meta CEO Mark Zuckerberg.

Let’s take a closer look at the top 10 wealthiest individuals as of April 2024:

1. Larry Page: Co-founder of Google, Larry Page has been a driving force behind Alphabet, Google’s parent company. He recently saw his net worth increase by $11 billion due to a 15% rise in Alphabet’s share price.

2. Steve Ballmer: Former CEO of Microsoft, Steve Ballmer has made significant strides in the tech industry. He joined Microsoft as its 30th employee in 1980 and later acquired the Los Angeles Clippers basketball team for $2 billion.

3. Bill Gates: Known for co-founding Microsoft, Bill Gates has been a key figure in the development of personal computing. He remains involved in various investments and philanthropic endeavors.

4. Warren Buffett: Dubbed the Oracle of Omaha, Warren Buffett is renowned for his investment acumen. He heads Berkshire Hathaway and has pledged to donate a substantial portion of his wealth to charitable causes.

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5. Larry Ellison: Co-founder of Oracle, Larry Ellison has been a prominent figure in the tech industry. Despite a slight decrease in his ranking, Ellison continues to be a significant player in the technology sector.

6. Mark Zuckerberg: Co-founder of Facebook, now Meta Platforms, Zuckerberg has made waves in the social networking space. He recently experienced a slight dip in his fortune due to changes in Meta’s stock price.

7. Elon Musk: CEO of Tesla, SpaceX, and X, Elon Musk is a key player in the automotive and aerospace industries. Despite fluctuations in Tesla’s stock price, Musk remains a dominant force in the tech world.

8. Jeff Bezos: Founder of Amazon, Jeff Bezos has been a driving force behind the e-commerce giant. He recently saw a rise in his wealth due to Amazon’s stock performance.

9. Bernard Arnault: CEO of LVMH, Bernard Arnault has maintained his position as one of the world’s richest individuals. Known for overseeing luxury brands, Arnault continues to lead the way in the fashion and retail sectors.

10. Sergey Brin: Co-founder of Google, Sergey Brin has played a pivotal role in shaping the tech landscape. With a diverse portfolio of investments, Brin remains a prominent figure in the technology sector.

The top 10 richest individuals globally continue to make significant strides in their respective fields, shaping the future of technology, finance, and beyond.

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Advait Gupta
Advait Gupta
Advait is our expert writer and manager for the Artificial Intelligence category. His passion for AI research and its advancements drives him to deliver in-depth articles that explore the frontiers of this rapidly evolving field. Advait's articles delve into the latest breakthroughs, trends, and ethical considerations, keeping readers at the forefront of AI knowledge.

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