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Treasury Secretary Scott Bessent, left, and Commerce Secretary Howard Lutnick, right, in the Oval Office with President Trump this month. The three men are each worth billions of dollars.

The Trump billionaires who run the economy and the things they say

Psychologists say that extreme wealth changes people and their views of those who have less.

  • Elisabeth Bumiller

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Mark Zuckerberg, Jeff Bezos and Elon Musk’s wealth have plummeted.

World’s 500 richest people surpassed $15 trillion in wealth in 2024

The world’s 500 richest people got vastly richer in 2024, with Elon Musk and Mark Zuckerberg leading the group to a new milestone. Their wealth is now similar in size to the combined GDPs of Germany, Japan and Australia.

  • Dylan Sloan and Jack Witzig
It’s been a lucrative year for football legend David Beckham.

David Beckham lands $57m payday after Netflix documentary

Profits at the football legend’s business empire more than tripled after the lucrative documentary deal.

  • Hannah Boland
Maree Isaacs remains an executive director at WiseTech despite the share sale.

WiseTech co-founder in big payday, selling stake to Richard White

The 10.2 million shares are worth more than $1 billion based on Friday’s share price.

  • Colin Kruger
Who says money can’t buy happiness?

You can’t have too much money, happiness researcher finds

When it comes to money buying happiness, more is better, says a study that has found the correlation between wealth and well-being does not plateau once incomes reach a certain point.

  • Conrad Quilty-Harper
The University of Sydney’s VC is again among the highest-paid in Australia, though down from a high of $1.6 million for predecessor Michael Spence.

The uni rich list: Vice chancellors on $1 million salaries revealed

Australia’s highest-paid vice chancellors are now earning six times their university’s senior professors as the union calls for an inquiry into wage theft.

  • Daniella White and Sherryn Groch
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Taylor Swift performs in Sydney during her Eras Tour.

Read it and weep: The Forbes billionaires just got a lot richer

Billionaires now account for $US14.2 trillion of the world’s wealth. To put this into perspective, this is larger than the gross domestic product of any country other than the US and China.

  • Elizabeth Knight
The number of ultra-wealthy individuals in Australia has been on a steady incline for years.

Australia has more billionaires than ever. That’s nothing to celebrate

Marking a new high of ultra-wealthy individuals is one record we shouldn’t be cheering about.

  • Victoria Devine
Protesters in clown outfits demonstrate against the World Economic Forum in Davos, Switzerland.

The world’s first trillionaire could rise within 10 years: Oxfam

Oxfam has for years been trying to highlight the growing disparities between the super-rich and the bulk of the global population. That gap has been “supercharged”.

  • Pan Pylas and Masha Macpherson
The world’s richest woman Francoise Bettencourt Meyers with her husband Jean-Pierre in a 2018 photo.

L’Oreal heiress Francoise Bettencourt Meyers becomes first woman with $US100 billion fortune

The milestone comes as shares of L’Oreal, the beauty empire founded by Bettencourt Meyers’ grandfather, rose to a record high.

  • Tara Patel

Original URL: https://www.smh.com.au/topic/rich-list-hwy