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

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.

  • by Dylan Sloan and Jack Witzig

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David Beckham lands $57m payday after Netflix documentary

David Beckham lands $57m payday after Netflix documentary

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

  • by Hannah Boland
WiseTech co-founder in big payday, selling stake to Richard White

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.

  • by Colin Kruger
You can’t have too much money, happiness researcher finds

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.

  • by Conrad Quilty-Harper
The uni rich list: Vice chancellors on $1 million salaries revealed

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.

  • by Daniella White and Sherryn Groch
Read it and weep: The Forbes billionaires just got a lot richer

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.

  • by Elizabeth Knight
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Australia has more billionaires than ever. That’s nothing to celebrate

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.

  • by Victoria Devine
The world’s first trillionaire could rise within 10 years: Oxfam

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”.

  • by Pan Pylas and Masha Macpherson
L’Oreal heiress Francoise Bettencourt Meyers becomes first woman with $US100 billion fortune

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.

  • by Tara Patel
Billions wiped from Atlassian duo’s fortunes

Billions wiped from Atlassian duo’s fortunes

Australian tech billionaires Mike Cannon-Brookes and Scott Farquhar have taken a financial hit as their software company posts widening losses.

  • by David Swan
Rich list season gives glimpse inside the world of the ultra-wealthy

Rich list season gives glimpse inside the world of the ultra-wealthy

According to the various stocktakes of wealth that have been published recently around the world, it’s been a tough 12 months at the pointy end.

  • by Andrew Hornery

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