Saed News: Elon Musk is another billionaire whose wealth has significantly increased in 2024. This increase is mainly due to his shares in Tesla (12% excluding stock options), SpaceX (42%), and xAI (54%). The value of SpaceX, based on private stock sales in December 2024, is nearly $350 billion, while xAI could reach up to $50 billion...
According to Saed News, the total wealth of these 20 individuals amounts to $2.7 trillion, which is more than the annual GDP of countries like Russia ($2.2 trillion), Canada ($2.1 trillion), and Italy ($2.0 trillion).
According to Raziato, the infographic below depicts the wealth of the top 20 American billionaires as of December 11, 2024. The data for this analysis is from the Forbes billionaire list.
The total wealth of these 20 individuals reaches $2.7 trillion, which is greater than the annual GDP of countries such as Russia ($2.2 trillion), Canada ($2.1 trillion), and Italy ($2.0 trillion).
Key Data and Findings
Founders and CEOs of technology companies dominate the ranking of the top 20 American billionaires. We have provided the raw data in the table below. Net worth refers to the total value of an individual's assets minus their debts. For billionaires, most of their wealth comes from ownership of their businesses. For example, Jensen Huang, the CEO of Nvidia (a leading producer of graphics processors), has climbed up the billionaire rankings this year as his company has become one of the most valuable companies in the world.
Elon Musk's Ascent to Space
Elon Musk is another billionaire whose wealth has significantly increased in 2024. This increase is mainly due to his shares in Tesla (12%, excluding stock options), SpaceX (42%), and xAI (54%). The value of SpaceX, based on private stock sales in December 2024, is nearly $350 billion, while xAI could be valued at up to $50 billion.
The Walton Heirs
The three retail billionaires featured in this chart are the heirs of Sam Walton, the founder of Walmart. Rob, Jim, and Alice collectively own about 45% of Walmart's shares. Walmart, after Amazon, is the world's most valuable retailer, although Amazon also has significant operations in other sectors like cloud computing.
