Taylor Swift joins Elon Musk as billionaire for first time

Taylor Swift joins Elon Musk as billionaire for first time

Wealth calculations are accurate as of January 15 of that year.

Taylor Swift has entered the “era” of billionaires as she joins the ranks of the world’s richest people. Elon Musk has regained his spot as the world’s richest person in the annual billionaire rankings, driven by soaring valuations of Tesla shares and SpaceX. Barrons.

Musk’s fortune of $231 billion surpasses Amazon executive chairman Jeff Bezos ($185 billion) and LVMH CEO Bernard Arnault ($175 billion), who are worth $231 billion. Ranked second and third respectively in the 13th Hurun Global Rich Report. Hurun-based media and research company. This marks the third time in four years that Musk has topped the list.

Swift climbed onto the list with an estimated fortune of $1.2 billion, driven by earnings from her Eras tours and re-recorded albums.

Meta Platforms Inc. CEO Mark Zuckerberg ranks fourth with a fortune of $158 billion. However, according to the report, Zuckerberg’s wealth growth is the most significant of any individual on the list, as Meta’s stock price more than doubled.

Ryan Breslow, a 30-year-old Miami entrepreneur and chairman of financial technology platform Bolt, entered the billionaire list this year with a fortune of $1.3 billion, becoming the youngest self-made billionaire on the list. Although the average age of billionaires is 66, there are 93 billionaires aged 40 or younger.

The list currently includes 3,279 billionaires, up from 3,112 last year. The Hurun Report reported that the number of billionaires increased by 5% and their total wealth increased by 9%. These billionaires represent 2,435 companies and come from 73 different countries.

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Wealth calculations are accurate as of January 15 of that year.

According to the report, this is the first time that more than half of the new wealth on the list is attributed to the surge in artificial intelligence technology.

Hurun Report, chairman and chief researcher of Hurun Report, said in a statement: “Artificial intelligence has always been the main driver of wealth growth.” “At the same time [Nvidia president] Jensen Huang made many headlines as Nvidia passed the $2 trillion market capitalization mark and entered the top 30 of the Hurun Report, and the billionaire behind Microsoft, Google, Amazon, Oracle and Meta also saw his wealth as an investor rise significantly. Soaring bets on the value generated by artificial intelligence. “

According to reports, although the number of billionaires in China decreased by 155, it still maintained its lead with 814 people. The report said that the United States added 109 new billionaires, bringing the total to 800. India added 84 new billionaires, almost twice as many as the UK.

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Pooja Sood

Pooja Sood, a dynamic blog writer and tech enthusiast, is a trailblazer in the world of Computer Science. Armed with a Bachelor's degree in Computer Science, Pooja's journey seamlessly fuses technical expertise with a passion for creative expression.With a solid foundation in B.Tech, Pooja delves into the intricacies of coding, algorithms, and emerging technologies. Her blogs are a testament to her ability to unravel complex concepts, making them accessible to a diverse audience. Pooja's writing is characterized by a perfect blend of precision and creativity, offering readers a captivating insight into the ever-evolving tech landscape.

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