The World's Richest People Add $115 Billion to Their Wealth

  • International
  • 6 December 2023
1

Forbes magazine has released a list of the world's 10 richest billionaires, whose total wealth together rose, as of December 1, by about $ 115 billion, and a quarter of these gains are due to Elon Musk's rise in wealth during November.

According to Forbes, these billionaires had a very good November, at least in terms of their holdings, and they are all richer than they were a month ago.

Their nearly $115 billion rise in wealth represents a 9 percent jump due to rising shares of their companies, such as Tesla and Alphabet, where many billionaires keep most of their net worth in shares of companies they founded or participated in. Moreover, the wealth of each of them moves as the share price moves.

Source (Al-Khaleej Emirati Newspaper, Edited)

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