Meet the 10 biggest wealth gainers this year — who’ve added a combined $360 billion to their fortunes in 2024
September 14, 20240
Warren Buffett.
Kevin Lamarque/Reuters
Year-to-date wealth gain: $22.3 billion
Net worth: $142 billion
Source of wealth gain: Berkshire Hathaway stock
Warren Buffett is the CEO and chairman of Berkshire Hathaway, which owns scores of businesses such as Geico and Fruit of the Loom, and holds multibillion-dollar stakes in public companies like Apple and Coca-Cola.
Berkshire owns lots of economically sensitive businesses, and their prospects have brightened as inflation and recession fears have faded, pushing its stock up 26% this year.
9. Amancio Ortega
Michael Dell.
John Locher/AP
Year-to-date wealth gain: $27.8 billion
Net worth: $106 billion
Source of wealth gain: Dell Technologies stock
Michael Dell is the founder and CEO of Dell Technologies, the storied maker of PCs, printers, and other computing equipment.
Dell shares have soared 49% this year as the company shifted its focus toward AI-powered devices and servers.
7. Rob Walton
Alice Walton.
Stefanie Keenan/Getty Images
Year-to-date wealth gain: $28.7 billion
Net worth: $98.7 billion
Source of wealth gain: Walmart stock
Alice Walton is the only daughter of Walmart founder Sam Walton.
She overtook L’Oréal heiress Françoise Bettencourt Meyers to become the world’s richest woman in August.
5. Jim Walton
Jeff Bezos.
Amy Harris/Invision/AP
Year-to-date wealth gain: $32.4 billion
Net worth: $209 billion
Source of wealth gain: Amazon stock
Jeff Bezos is Amazon’s founder, former CEO, and executive chairman.
Amazon shares have leaped 24% this year as investors bet the online retailer can harness AI to supercharge its sales and leverage Amazon Web Services to become a key provider of cloud infrastructure to AI companies.
3. Larry Ellison
Meta CEO Mark Zuckerberg.
Getty
Year-to-date wealth gain: $58.6 billion
Net worth: $187 billion
Source of wealth gain: Meta stock
Mark Zuckerberg is the cofounder and CEO of Meta, the parent company of Facebook, Instagram, WhatsApp, and Threads.
Meta stock has soared 48% this year as investors wager Zuckerberg’s big bets on AI and the metaverse will pay off in the years ahead. Zuckerberg has added nearly $60 billion to his net worth as a result, propelling him into third place on Bloomberg’s rich list.
1. Jensen Huang
Nvidia CEO Jensen Huang.
Sam Yeh/AFP via Getty Images
Year-to-date wealth gain: $60.5 billion
Net worth: $104 billion
Source of wealth gain: Nvidia stock
Jensen Huang is the founder and CEO of Nvidia, the graphics chip maker that has emerged as a critical seller of “picks and shovels” to the AI gold rush.
Nvidia’s stock has surged 140% this year, boosting its market value to around $2.9 trillion and Huang’s net worth by over $60 billion to north of $100 billion.
