New billionaires: 5 of the most notable to join exclusive list in 2024

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Some of the most recognizable names on Forbes list of new billionaires in 2024 are Taylor Swift and Earvin 'Magic' Johnson, along with a fast-food giant founder.

It's called the "three-comma club," and some well-known Americans have recently become members, along with 263 others. The Forbes list of New Billionaires 2024 was published Tuesday. The elite club consists of a record number of 2,781 billionaires around the world this year, and most of them are from the U.S. Here's a look at five of the most notable from the list:5.

Maggie Gu, Molly Miao and Ren XiaoqingThese three are the Chinese co-founders of Shein, the Gen Z fast-fashion retailer. Each is worth an estimated $4.2 billion, according to Forbes. Their company in 2022 enjoyed the largest share of the American fast-fashion market and was valued at $100 billion, according to Wired.3. Todd GravesThe founder of fast-food giant Raising Cane's, Graves is worth an estimated $9.1 billion.

 

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