World’s Richest Added a Record $2.2 Trillion in Wealth This Year

The world’s 500 richest people added a record $2.2 trillion to their collective fortunes this year, as booming markets in everything from equities to cryptocurrencies to precious metals sent the value of their holdings soaring, according to the Bloomberg Billionaires Index.

The gains, which brought their combined net worth to $11.9 trillion, were turbocharged by Donald Trump’s election victory in late 2024, and were only briefly derailed by tariff fears in April, when plunging markets caused the biggest one-day wealth wipeout since the pandemic.

Big Tech led the charge as artificial-intelligence euphoria continued to bolster US mega-cap stocks. About a quarter of ...