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The crypto winter is over. Bitcoin has more than doubled over the past 12 months, hitting an all-time high of $73,000 in March after the U.S. legalized bitcoin-pegged exchange-traded funds. The total value of all outstanding cryptocurrencies increased by 170%, adding some $1.6 trillion in market value over the past 12 months, according to CoinGecko.<br/><br/>That’s helped make at least 17 people crypto billionaires, according to Forbes’ 2024 World’s Billionaires list, up from nine crypto billionaires last year. These 17 investors and entrepreneurs are worth a collective $93 billion, between their estimated crypto asset holdings, publicly disclosed stock holdings and private assets. That’s more than double the $37 billion in collective crypto billionaire wealth last year.<br/><br/>For the third year running, Changpeng Zhao, founder and former CEO of crypto exchange Binance, is crypto’s wealthiest person. Despite pleading guilty to U.S. money laundering charges in November, CZ, as he’s known, is now worth an estimated $33 billion, up from $10.5 billion last year. That makes him the biggest crypto gainer in dollar terms since last year and the 50th-wealthiest person in the world. The bulk of his fortune comes from his majority stake in Binance, which remains the industry’s largest global trading venue by volume.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/johnhyatt/2024/04/02/the-richest-crypto-and-bitcoin-billionaires-in-the-world-2024/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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What a year it’s been for the planet’s billionaires, whose fortunes continue to swell as global stock markets shrug off war, political unrest and lingering inflation. There are now more billionaires than ever: 2,781 in all, 141 more than last year and 26 more than the record set in 2021. They’re richer than ever, worth $14.2 trillion in aggregate, up by $2 trillion from 2023 and $1.1 trillion above the previous record, also set in 2021. Two-thirds of the list’s members are worth more than a year ago; only one fourth are poorer. Much of the gains come from the top 20, who added a combined $700 billion in wealth since 2023, and from the U.S., which now boasts a record 813 billionaires worth a combined $5.7 trillion. China remains second, with 473 (including Hong Kong) worth $1.7 trillion, despite weak consumer spending and a real estate bust that helped wipe out $200 billion in wealth and knocked 89 billionaires from the ranks. India, which has 200 billionaires (also a record), ranks third.To calculate net worths, we used stock prices and exchange rates from March 8, 2024. See below for the full list of the world’s billionaires and our methodology. For daily updated net worths of all 2,781 billionaires, check out our real-time billionaires rankings.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/chasewithorn/2024/04/02/the-100-billion-club-these-14-people-have-12-figure-fortunes/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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It’s been a banner year for the mega-wealthy. Forbes found an unprecedented 2,781 billionaires around the globe for this year’s World’s Billionaires list—141 more than in 2023 and 26 more than the previous record, set in 2021. The super-rich are also richer than ever, with their combined wealth hitting $14.2 trillion—$2 trillion more than just a year ago and $1.1 trillion above the previous record, also set in 2021.<br/><br/>As with the economy in general, the money is concentrated at the very top. There are now a record 14 people who are members of the $100 Billion Club, the elite group of people whose fortunes stretch into 12 digits. That’s up from just one four years ago. These lucky few are worth $2 trillion in all, meaning just 0.5% of the world’s 2,781 billionaires hold 14% of all billionaire wealth.<br/><br/>The richest of all is Bernard Arnault, who holds the No. 1 spot for the second year in a row. The French luxury goods kingpin is worth an estimated $233 billion, $22 billion more than in 2023 thanks to another record year for his conglomerate LVMH, the company behind brands such as Louis Vuitton, Tiffany & Co. and Sephora. He’s $38 billion richer than the world’s No. 2, Elon Musk, who is worth an estimated $195 billion. Just behind him, at No. 3, is Amazon’s Jeff Bezos, who is worth an estimated $194 billion. Forbes used stock prices and exchange rates from March 8, 2024 for this year’s ranking.<br/><br/>0:00 Introduction<br/>0:30 How Many Billionaires Made The Cut?<br/>1:10 Who Is The Richest Billionaire In The World?<br/>2:16 How Did Elon Musk Fare?<br/>3:21 AI And Other Billionaire Trends<br/>6:02 What Industries Minted Billionaires?<br/>7:02 Donald Trump's Net Worth<br/>8:55 Who Are Newcomers To The List<br/>11:30 Is The Economy Really Doing Well?<br/><br/>Read the full story on Forbes: https://www.forbes.com/billionaires<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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Luxembourg Stock Exchange
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