The main factors contributing to this growth were the rise of stock markets, excitement around artificial intelligence technologies, increasing prices for raw materials, and political changes following Donald Trump's victory in the elections at the end of 2024. The growth was observed not only in the USA but also in the markets of the UK and Hong Kong.
Among those who significantly increased their wealth are Larry Ellison (Oracle), Elon Musk (Tesla, SpaceX), Gina Rinehart (Hancock Prospecting), and the Trump family (Trump Media and crypto projects). Their wealth is largely tied to successes in AI, commodity assets, as well as media and cryptocurrencies.
However, high market volatility led to significant losses for some billionaires. Among the most affected were Manuel Villar (Golden MV Holdings), Bob Pender and Mike Sabel (Venture Global), Michael Saylor (Strategy), and Wang Xin (Meituan).
In conclusion, Bloomberg emphasizes that 2025 was a record year for wealth concentration, but it also revealed the vulnerability of fortunes dependent on cryptocurrencies, IPOs, and risky corporate strategies.
