The top 500 richest people in the world made an average of $14 million each day in the first half of 2023 as markets rallied
The gains mark the best half-year for all the billionaires on the index since the second half of 2020 when the markets rebounded from the COVID-19 pandemic, per Bloomberg.
The S&P 500 — an index that tracks a broad range of sectors such as banks, manufacturing, tech, and retail — is up about 16.5% this year. The tech-focused Nasdaq 100 is up 31% this year. The rally benefited tech tycoons Elon Musk and Mark Zuckerberg, the biggest winners in the index this year.— saw his wealth soar by almost $97 billion through June 30, per Bloomberg.
The S&P 500 closed 0.12% higher at 4,455.59 on Monday. The Nasdaq 100 closed 0.2% higher at 15,208.69.Subscribe to push notifications
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market outlook: Fundstrat raises 2023 S&P 500 price target on AIHere's why Wall Street's biggest bull thinks the stock market is headed to record highs this year
Read more »
Audi R8 2023 review: still scintillating in its twilight years 2023 | EVOThe second-generation Audi R8 is nearing the end of its life, but it's still an exciting and thoroughly involving supercar -
Read more »
Prince Harry And Self-Help Books Dominate The 2023 Non-Fiction Bestseller List In 2023Self-help books and a single memoir represent the bestselling nonfiction reads of 2023 so far.
Read more »
Mazda MX-5 2023 review – Japan’s iconic roadster is better than ever 2023 | EVOThe Mazda_UK MX-5 is better than ever, a distillation of the sports car that has matured into a brilliant little roadster -
Read more »
The World’s 500 Wealthiest People Got $852 Billion Richer the First Half of This YearElon Musk was the biggest winner, adding $96.6 billion to his fortune from January through June.
Read more »
July 4th 2023: Festivals, parades and concerts in N.J. (July 2, 2023)Check out these July 4, 2023, events and festivals being held in New Jersey through July 4.
Read more »