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Salon
Salon
Politics
Cara Michelle Smith

Billionaires bought big in 2024

By many measures, 2024 was a good year for the ultra wealthy. The world’s 10 richest people — including Elon Musk, Jeff Bezos and Mark Zuckerberg — saw their collective wealth increase by $64 billion following the reelection of former President Donald Trump. 

Over the past year, the wealth of the world’s billionaires leapt by roughly 17% to a staggering $14 trillion. That figure has nearly doubled in the last decade; in 2015, billionaires’ collective wealth stood at roughly $6.3 trillion, per Reuters.

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