"The richest 500 individuals in the world added a record $2.2tn to their wealth in 2025, according to the Bloomberg Billionaires Index, with just eight billionaires accounting for a quarter of the gains. The gains increased their collective net worth to $11.9tn, bolstered by billionaire Donald Trump's 2024 election victory and booming markets in cryptocurrencies, equities and metals. Around a quarter of the gains were attributed to eight billionaires, including Elon Musk, Jeff Bezos, Oracle chair Larry Ellison and Alphabet Inc co-founder Larry Page,"
"Ellison saw a net worth gain in 2025 of $57.7bn, bringing his total net worth to $249.8bn. Elon Musk's net worth soared by $190.3bn, to $622.7bn. Australian billionaire Gina Rinehart saw her net worth nearly triple from $12.6bn to $37.7bn through her rare -earth metals portfolio. A handful of billionaires experienced declines in their net worth, including Philippine billionaire Manuel Villar, who lost $12.6bn."
The 500 wealthiest individuals collectively gained $2.2tn in 2025, increasing their combined net worth to $11.9tn. A quarter of the gains were attributable to eight billionaires, with the same eight accounting for 43% of 2024 gains. Larry Ellison's net worth rose by $57.7bn to $249.8bn and Elon Musk's by $190.3bn to $622.7bn. Gina Rinehart's fortune nearly tripled to $37.7bn driven by rare-earth metals holdings. Some fortunes fell, notably Manuel Villar, whose net worth dropped $12.6bn to $10bn after an 80% share plunge following a trading suspension. Oxfam noted the $2.2tn could lift 3.8 billion people out of poverty and called inequality a deliberate policy choice amid stagnating public wealth and rising debt distress.
Read at www.theguardian.com
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