It may be hard to believe, but the five richest men in the world just got a lot richer. The wealthiest of the wealthy have more than doubled their fortunes to $869 billion in 2024 from $405 billion in 2020, a 114% increase, a new study shows.
Not only have the five richest growth their net worth to a number inching closer to $1 trillion, but billionaires in general are $3.3 trillion richer than in 2020, with their wealth growing three times faster than the rate of inflation. The report was compiled by OxFam, using data from Forbes.
