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It’s been a banner year for the mega-wealthy. Forbes found an unprecedented 2,781 billionaires around the globe for this year’s World’s Billionaires list—141 more than in 2023 and 26 more than the previous record, set in 2021. The super-rich are also richer than ever, with their combined wealth hitting $14.2 trillion—$2 trillion more than just a year ago and $1.1 trillion above the previous record, also set in 2021.<br/><br/>As with the economy in general, the money is concentrated at the very top. There are now a record 14 people who are members of the $100 Billion Club, the elite group of people whose fortunes stretch into 12 digits. That’s up from just one four years ago. These lucky few are worth $2 trillion in all, meaning just 0.5% of the world’s 2,781 billionaires hold 14% of all billionaire wealth.<br/><br/>The richest of all is Bernard Arnault, who holds the No. 1 spot for the second year in a row. The French luxury goods kingpin is worth an estimated $233 billion, $22 billion more than in 2023 thanks to another record year for his conglomerate LVMH, the company behind brands such as Louis Vuitton, Tiffany & Co. and Sephora. He’s $38 billion richer than the world’s No. 2, Elon Musk, who is worth an estimated $195 billion. Just behind him, at No. 3, is Amazon’s Jeff Bezos, who is worth an estimated $194 billion. Forbes used stock prices and exchange rates from March 8, 2024 for this year’s ranking.<br/><br/>0:00 Introduction<br/>0:30 How Many Billionaires Made The Cut?<br/>1:10 Who Is The Richest Billionaire In The World?<br/>2:16 How Did Elon Musk Fare?<br/>3:21 AI And Other Billionaire Trends<br/>6:02 What Industries Minted Billionaires?<br/>7:02 Donald Trump's Net Worth<br/>8:55 Who Are Newcomers To The List<br/>11:30 Is The Economy Really Doing Well?<br/><br/>Read the full story on Forbes: https://www.forbes.com/billionaires<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

The World's Billionaires Netted A Record $14.2 Trillion. Here's How They Made Their Money

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Controversial Grand Canyon , Uranium Mining , to Continue Despite Concerns.<br/>Fox News reports that the United States' largest <br/>uranium producer is ramping up mining operations <br/>just south of the Grand Canyon National Park. .<br/>Fox News reports that the United States' largest <br/>uranium producer is ramping up mining operations <br/>just south of the Grand Canyon National Park. .<br/>The news for the long-contested project <br/>comes amid global instability and increased <br/>demand driving up the prices of uranium.<br/>The news for the long-contested project <br/>comes amid global instability and increased <br/>demand driving up the prices of uranium.<br/>The Biden administration, along with dozens of <br/>other countries, have vowed to triple the capacity of <br/>nuclear power worldwide to combat climate change.<br/>The Biden administration, along with dozens of <br/>other countries, have vowed to triple the capacity of <br/>nuclear power worldwide to combat climate change.<br/>Meanwhile, other policy changes have <br/>been adopted to reduce Russia's influence <br/>over the global supply chain of uranium. .<br/>Meanwhile, other policy changes have <br/>been adopted to reduce Russia's influence <br/>over the global supply chain of uranium. .<br/>Environmental activists and Native American leaders <br/>have expressed concerns over the potential consequences <br/>and have called for increased regulatory oversight.<br/>New mining projects at the Pinyon Plain Mine <br/>is occurring within the boundaries of <br/>Nwaavjo I’tah Kukv National Monument.<br/>In August, the site was designated by the Biden <br/>administration, however the project was allowed to <br/>move forward due to Energy Fuels' valid existing rights.<br/>In August, the site was designated by the Biden <br/>administration, however the project was allowed to <br/>move forward due to Energy Fuels' valid existing rights.<br/>In 2022, Energy Fuels was awarded a contract to <br/>sell the U.S. government $18.5 million in uranium <br/>concentrates to bolster the nation's reserve supplies.<br/>Energy Fuels spokesman Curtis Moore reportedly <br/>addressed those concerns, stating that the mining <br/>operation has low impact with zero risk to groundwater.<br/>According to Moore, the mine will produce <br/>at least 2 million pounds of uranium <br/>over the next few years.

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