Billionaires: More ultrarich are worth $100 billion than ever before

club now has 15 members with fortunes over $US100 billion , the most on record, as they ride the waves of artificial intelligence, luxury goods and geopolitical shifts.

Leading the pack is LVMH founder and chief executive officer Bernard Arnault, 75, with a net worth of $US222 billion.While the 15 have crossed $US100 billion before, this is the first time all of them have held fortunes of that size at the same time., Dell Technologies founder Michael Dell and Mexican billionaire Carlos Slim all initially reached the threshold in the past five months and some have fluctuated around that level, crossing it multiple times.

Other new joiners include Mr Slim, 84, who ranks 13th with $US106 billion. The richest person in Latin America added about $US28 billion to his net worth last year amid a boom in the Mexican peso that’s helped to boost the stock of companies in his business empire, which range from construction to operating restaurants and shops., 61, recently returned to the elite group after a short-seller attack caused him to lose more wealth than anyone in 2023.

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