In 2024, Nvidia’s stock almost quadrupled, and in June, it was the most valuable firm in the world for the first time.
Mark Zuckerberg: The CEO of Meta increased his net worth by $81 billion this year as Meta stock rose by over 70%, despite a massive $841 million antitrust punishment from the EU and early.
Investor reluctance about the company’s multibillion-dollar AI push. Chinese billionaires: Chinese billionaires, such as Pony Ma, the CEO of Tencent Holdings Ltd.,
Lei Jun, the chairman of Xiaomi Corp., and Chen Tianshi, co-founder of Cambricon Technologies Corp., increased their wealth by 14% in 2024.
Their gains undid three years of losses caused by government crackdowns on influential tech companies and a continuing real estate crisis.
Billionaires under 60: This year, the younger billionaires on the list had a more than twofold increase in their fortune compared to their older counterparts. Of the index, 27% are billionaires under 60.
