Forbes Releases 2024 World’s Billionaires List, Showcasing Youngest Billionaires
Forbes has released its 2024 World’s Billionaires list, revealing the 25 youngest billionaires, all 33 or younger, with a collective net worth of $110 billion. The list highlights the rise of inherited wealth among billionaires under 30, signaling the ‘great wealth transfer’ as self-made entrepreneurs age into their 30s. The youngest billionaire, Livia Voigt, aged 19, has amassed $1.1 billion through her stake in WEG, co-founded by her late grandfather. The Mistry brothers, aged 25 and 27, have each accumulated $4.9 billion through their inherited stakes in Tata Sons. These young billionaires represent the evolving landscape of wealth accumulation, with a growing number of heirs making their mark on the global billionaire rankings.
Taylor Swift Joins Forbes World’s Billionaires List
Taylor Swift has made her debut on Forbes World’s Billionaires List with a net worth of $1.1 billion, joining the ranks of the world’s wealthiest individuals. The 2024 edition of the list features a record 2,781 billionaires with a collective wealth of $14.2 trillion. Swift’s rise to billionaire status comes on the heels of her remarkable achievements in the music industry and her influence in the realm of sports. The majority of the wealthiest individuals on the list hail from the United States, with a strong representation from the technology sector.
Record Number of New Billionaires Join the Three-Comma Club, with $14.2 Trillion in Combined Wealth
Forbes reports a record 2,781 new billionaires worldwide, collectively worth $14.2 trillion. Notable newcomers include Todd Graves, Maggie Gu, Molly Miao, Ren Xiaoqing, Renuka Jagtiani, and Andrea Pignataro, with the United States, China, and India leading the way in producing new billionaires.
Aliko Dangote Retains Title as Africa’s Richest Man for 13th Consecutive Year
Aliko Dangote, a prominent Nigerian businessman, has once again retained his title as Africa’s richest man for the 13th consecutive year, as reported by Forbes magazine. This remarkable feat comes amidst Nigeria’s economic challenges, solidifying his position as a resilient…