
The "club" of the world's super-rich now has 15 members with fortunes in excess of $100 billion, continuing to break records as they ride waves of artificial intelligence, luxury goods and geopolitical change.
The combined net worth for these people has grown 13 percent this year, translating to $2.2 trillion, according to the Bloomberg Billionaires Index. That data beats the pace of inflation and the broader stock market. Between them, they hold nearly a quarter of the wealth of the world's 500 richest people. While all 15 have surpassed $100 billion, this is the first time they have all achieved that level of wealth at the same time.
L'Oreal heiress Francoise Bettencourt Meyers, Dell Technologies founder Michael Dell and Mexican billionaire Carlos Slim all first hit the threshold in the past five months, and some have hovered around that level, crossing it several times.
Bettencourt Meyers was the first woman to reach a 12-figure fortune in December as shares of the luxury cosmetics company posted their best year since 1998. Meyers, 70, ranks 14th on the one-value index net of $101 billion.
Dell, 59, also recently hit $100 billion in fortunes as demand for AI-enabled devices boosted Dell Technologies' share price to record highs. He is now 11th in the Bloomberg wealth index with a fortune of $113 billion.
Other new members in this group include Slim, 84, who ranks 13th with $106 billion. The richest person in Latin America added an estimated $28 billion to his net worth in 2023.
Leading the super-billionaires is LVMH founder and chief executive Bernard Arnault, 75, with a net worth of $222 billion. Amazon founder Jeff Bezos, 60, ranks second with a net worth of $208 billion.
So Tesla CEO Elon Musk, 52, has a net worth of $187 billion and ranks third on the index. His fortune, which has fallen by more than $40 billion this year, is largely made up of shares in the world's most valuable carmaker.