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The Bloomberg Billionaires Index, launched in March 2012, is a daily ranking of the world's 500 richest people based on their net worth. [ 3 ] [ 4 ] [ 5 ] It features a profile of each billionaire, and includes a tool that allows users to compare the fortunes of multiple billionaires.
Having been first listed on the Forbes Billionaires List in 2012, [4] around 75% of Musk's wealth was derived from Tesla stock in November 2020. [5] Describing himself as "cash poor", [6] [7] a year later, he became the first person in the world to have a net worth above $300 billion. By December 2024, he became the first person to reach a net ...
The family's accumulated wealth has been divided among many descendants, only one of which (Benjamin de Rothschild) was officially recognized as a billionaire. Determining the family's exact wealth has been deemed implausible; [59] conspiracy theories claiming the family is worth trillions of dollars have not been proven. [60] [61]
It is based on an annual assessment of wealth and assets by Forbes and by data from the Bloomberg Billionaires Index. The Forbes 400 Richest Americans list has been published annually since 1982. The combined net worth of the 2020 class of the 400 richest Americans was $3.2 trillion, up from $2.7 trillion in 2017. [1]
Bloomberg documented debt of at least $605 million in 2016. [106] Trump's outstanding debt was at least $650 million in August 2016, in addition to an outstanding loan of $950 million to the Bank of China and Deutsche Bank (among other creditors) on 1290 Avenue of the Americas, in which Trump is a minority owner. [135]
Bloomberg spent the next twenty years as its chairman and CEO. According to Forbes, as of 17 February 2025, Bloomberg's estimated net worth stood at US$104.7 billion, making him the 17th richest individual in the world. [5] Bloomberg, who has signed the Giving Pledge, has given away $17.4 billion to philanthropic causes in his lifetime. [6]
A record of 2,208 billionaires were in the ranking and the total wealth was $9.1 trillion, up 18% since 2017. For the first time, Jeff Bezos was listed as the top billionaire due to Amazon's rising stock price that resulted in one person's biggest one-year gain in wealth ($35 billion) since Forbes started tracking in 1987. [16]
When his investment business slowed down after September 11, 2001, Keene contacted David Tamburelli at Bloomberg LP which led to him being interviewed by Matt Winkler, editor-in-chief of Bloomberg News, who hired him on the spot. Tom Keene started developing the idea of doing a one-hour radio show on the economy: Bloomberg on the Economy.