During the initial six months of 2023, the most affluent 500 people in the world experienced a notable surge in their riches. Collectively, they amassed a grand total of $852 billion to augment their already substantial fortunes. On an average basis, each member of this exclusive group accumulated approximately $14 million per day throughout this specific time frame.
Elon Musk, the globally renowned billionaire, achieved the most significant escalation in wealth. He accrued an astonishing $96.6 billion to his existing net worth, propelling his overall riches to a remarkable $247 billion. This particular period marked the pinnacle of prosperity for billionaires since the concluding half of 2020.
This momentous growth coincided with a robust performance of the stock market and an increasing fervor among investors for technology stocks, primarily fueled by remarkable advancements in the realm of artificial intelligence (AI).