India is riding high, adding more billionaires than ever and outpacing China's wealth growth
The amount is 36 times greater than the wealth accumulated by the poorest half of the world's population, and nearly 80 per cent of the world's billionaires reside in G20 countries
Bernard Arnault and Jeff Bezos are followed by Elon Musk at the third spot after the latest shuffle. Musk, who had been reigning the first spot for over 9 months, lost the title to Bezos on Tuesday
No one did better than Elon Musk, who recaptured the title of world's richest person from French luxury tycoon Bernard Arnault. The Tesla chief executive officer netted an additional $95.4 billion
Of the 137 people who became billionaires last year, 53 inherited fortunes amounting to a combined $150.8 billion, according to a study published on Thursday
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"We continue to look," Olivier de Perregaux, 58, chief executive officer of LGT Private Banking, said in a recent interview. "We are, however, primarily focusing on organic growth."
Each member of the Bloomberg Billionaires Index made an average of $14 million per day over the past six months, according to data compiled by Bloomberg
Ellison announced he was stepping down as Oracle CEO in 2014, though he didn't leave the company
Elon Musk surpassed Bernard Arnault, CEO of luxury brand Louis Vuitton's parent company LVMH, to regain the title of the world's richest person only for a brief period before losing the tag again
China has two of its cities (Beijing and Shanghai) in the list. The report covers 97 cities across nine regions worldwide
The disclosure comes as Musk, 51, has narrowed the gap to Arnault to less than $10 billion amid signs of growing demand for Tesla's electric vehicles.
Asia's second-wealthiest man, Reliance Industries Ltd. Chairman Mukesh Ambani, is setting up a family office in Singapore, according to people familiar with the move.
Gautam Adani's wealth surged to make him the second richest man in the world, led by a sharp rally in the Adani Group stocks.
While the m-cap of all the listed companies on the BSE has risen by Rs 12.74 trillion, seven listed companies of the Adani Group account for Rs 10.05 trillion of this, the report added
On the bourses, shares of the listed Adani group companies have done exceptionally well, outperforming the benchmark indices in the current calendar year
Reliance Industries Ltd (RIL) set the tone for the future during its 45th annual general meeting, saying it would aim to double its market value by 2027
Gautam Adani's wealth, on Thursday, stood at $115.7 billion, as compared to Bill Gates's $104.6 billion. In the last 24 hours, Adani has gained $337 million
Out of the world's 10 richest people, only the Oracle of Omaha has watched his net worth increase, by $4.5 billion