Forget the $100 billion club, there are now 6 people worth over $200 billion

"Until recently, a $100 billion net worth granted entry to the world's most exclusive club. Soaring fortunes in the AI era have made $200 billion the new number to beat. Tesla and SpaceX CEO Elon Musk, Oracle cofounder Larry Ellison, Meta CEO Mark Zuckerberg, Amazon founder Jeff Bezos, and Alphabet cofounders Larry Page and Sergey Brin are each worth over $200 billion, the Bloomberg Billionaires Index shows. They're individually worth more than some of America's biggest companies: PepsiCo, Uber, Walt Disney, and Intel were valued around $200 billion each at Thursday's market close."

"Luxury tycoon Bernard Arnault, the LVMH CEO, is close to rejoining the elite club, as his fortune has swelled by around $18 billion this year to $194 billion. Former Microsoft CEO Steve Ballmer and Nvidia CEO Jensen Huang could be knocking on the door soon, as their fortunes stand at $181 billion and $176 billion, respectively, as of Thursday's close. The six existing members of the $200 billion club are collectively worth around $1.7 trillion, led by two men in leagues of their own: Musk on $457 billion and Ellison on $317 billion."

"For a sense of scale, Warren Buffett's Berkshire Hathaway, one of the world's biggest companies with around 400,000 employees, generated $371 billion of revenue last year and has a $1 trillion market value. The half-dozen individuals have grown $330 billion richer as a group this year, with Ellison up $124 billion, Page up $76 billion, and Brin up $70 billion as of Thursday. At the start of this year, only Musk, Bezos, and Zuckerberg were worth more than $200 billion, the rich list shows."

Six tech founders now have net worths exceeding $200 billion amid AI-driven stock gains. Those individuals are Elon Musk, Larry Ellison, Mark Zuckerberg, Jeff Bezos, Larry Page, and Sergey Brin. Their combined wealth is roughly $1.7 trillion, led by Musk with $457 billion and Ellison with $317 billion. Several others are close to joining: Bernard Arnault at $194 billion, Steve Ballmer at $181 billion, and Nvidia's Jensen Huang at $176 billion. The group's wealth increased by about $330 billion this year, with Ellison rising $124 billion, Page $76 billion, and Brin $70 billion. Their fortunes surpass valuations of major companies.

Read at Business Insider