Source: Inequality.org
by Sam Pizzigati
“The new year has begun with old news: The world is continuing to become colossally more unequal — with the United States leading the way. In 2024, wealth trackers at Bloomberg have just reported in a year-end review, ‘the world’s 500 richest people got vastly richer.’ Of the world’s 15 richest individuals, the Bloomberg data show, 14 call the United States home. The richest of these rich: Elon Musk. He started 2024 with a personal fortune worth a mere $229 billion. He ended it with a net worth of $442 billion, the largest personal fortune the world has ever seen. Overall, the world’s 500 richest ended 2024 worth a combined $9.8 trillion. Some 34 percent of the $1.5 trillion they gained over the course of the year came in the five weeks after Donald Trump’s election.” (01/07/25)
https://inequality.org/article/what-would-surprise-americas-rich-in-2025-not-getting-richer/