Six People Now Worth Over $200 Billion
Elon Musk, Jeff Bezos, and Mark Zuckerberg are among six individuals whose net worth exceeds $200 billion, forming the world's most exclusive financial club. In the past, a fortune of $100 billion was the benchmark, but rapid wealth growth in the AI era has elevated the threshold to $200 billion.
Members of the $200 Billion Club
- Elon Musk, CEO of Tesla and SpaceX
- Larry Ellison, cofounder of Oracle
- Mark Zuckerberg, CEO of Meta
- Jeff Bezos, founder of Amazon
- Larry Page, cofounder of Alphabet
- Sergey Brin, cofounder of Alphabet
Comparisons with Major Companies
Each member's net worth surpasses the market value of large U.S. companies such as PepsiCo, Uber, Walt Disney, and Intel, which all hovered around $200 billion as of Thursday's market close.
Near to Joining the Club
Bernard Arnault, CEO of LVMH, is nearing the $200 billion mark, with his wealth increasing by approximately $18 billion this year to reach $194 billion.
Steve Ballmer, former Microsoft CEO, and Jensen Huang, CEO of Nvidia, are also approaching the $200 billion milestone, with net worths of $181 billion and $176 billion respectively.
"Tesla and SpaceX CEO Elon Musk, Oracle cofounder Larry Ellison, Meta CEO Mark Zuckerberg, Amazon founder Jeff Bezos, and Alphabet cofounders Larry Page and Sergey Brin are each worth over $200 billion, the Bloomberg Billionaires Index shows."
The six billionaires in this elite group are collectively worth around $1 trillion.
Author's summary: The rise of AI wealth has doubled the billionaire benchmark, with six individuals now each worth more than $200 billion, surpassing major corporations' valuations.