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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

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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
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
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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
Atlassian co-CEOs Mike Cannon-Brookes and Scott Farquhar.

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.

  • David Swan

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