The rich keep getting richer, at least according to Bloomberg Markets. Bloomberg reports that this year's top 100 billionaires have accumulated $200 billion this year - bringing their totals fortunes to a whopping $2.1 trillion. The youngest billionaire on the list is Mark Zuckerberg of Facebook. He's only 29 but is worth $24.5 billion. Zuckerberg was also the biggest gainer this year as FB shares have been on a nice run (up 78% for the year). The top spot on the list is once again occupied by Bill Gates of Microsoft, who knocked Carlos Slim (Mexican telecom giant) to #2 overall. Gates' fortune reached nearly $73 billion. MSFT shares are also trading near multi-year highs and have gained 45% year-to-date. The strong overall year for equities, particularly in the US, certainly has been a boon for the rich. Here's the article: (VIEW LINK)
I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...
No areas of expertise