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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.

The World's Billionaires Netted A Record $14.2 Trillion. Here's How They Made Their Money

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Democratic National Convention

Introducing the 2020 Democratic National Convention Visual Identity

⏲ 23 seconds 👁 3.6K

Bloomberg Quicktake

2020 Democratic National Convention: What to Watch on Monday

⏲ 33 seconds 👁 379

Aldi launches first 'streetwear' range

⏲ 0:45 👁 6.8M

Democratic National Convention

How to Watch the 2020 Democratic National Convention

⏲ 49 seconds 👁 14.2K

Yahoo Finance

Here’s a look back at the 2020 Democratic National Convention

⏲ 54 seconds 👁 1K

Muni Long has returned to Genius to discuss her hit song “Made For Me.” The song is produced by certified hitmakers Jermaine Dupri, Bryan-Michael Cox and JordanXL. The track solidifies her second solo appearance on the Billboard Hot 100 peaking at number 20, following the viral sensation of her earlier hit, “Hrs& Hrs.” “Made For Me” was also heavily trending on TikTok before things got complicated because of a legal dispute between UMG (Universal Music Group) and TikTok and lead to the songs take down. On today’s episode of Verified, find out the singer-songwriters inspirations and intentions behind her revered songs.

⏲ 3:50 👁 21M

Reuters

Highlights from the 2020 Democratic National Convention

⏲ 3 minutes 22 seconds 👁 4.8K

CBS Mornings

What to expect at the 2020 Democratic National Convention

⏲ 4 minutes 23 seconds 👁 5.4K

Aldi launches first 'streetwear' range

⏲ 0:58 👁 2.7M

NBC News

Highlights From Third Night Of 2020 DNC | NBC News

⏲ 4 minutes 1 second 👁 14.6K

NBC News

Watch 17 Democrats Give Keynote Speech At 2020 DNC | NBC News

⏲ 11 minutes 16 seconds 👁 14.4K

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