From Elon Musk To Gautam Adani: Who Among The World's Richest Have Earned & Lost The Most This Year?

We are past the halfway mark of this year. The first six months have been a rollercoaster for the entire world, with recession fears, rising interest rates, and mass layoffs happening amid economic uncertainty, whereas on the other hand, many of the major stock markets around the world, including India, have been surging.

Amidst all this, the world's 10 richest people (as per the Bloomberg billionaire index) have already added more than $400 billion to their net worth in the first half of this year. On a broader level, the world¡¯s 500 richest people have added a mammoth $852 billion to their fortunes in the first half of 2023.

Who Has Gained And Lost The Most?

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The world's richest person, Elon Musk, has earned the most this year to date, adding $96.6 billion to his net worth in the first half of 2023. While Elon Musk and Mark Zuckerberg reportedly prepare for a cage match, the Meta CEO too has enjoyed a bull run this year, gaining $58.9 billion in the first half of this year.

On the other hand, billionaire Gautam Adani lost the most among the world's richest this year until June 30th. After the rattling report by Hindenburg Research earlier this year, Gautam Adani lost $60.2 billion in the first half of this year, as per a Bloomberg report.

Besides Adani, Hindenburg Research's other target this year, i.e., billionaire Carl Icahn, lost $13.4 billion.

How Much Have The World's 10 Richest Earned This Year Till Date?

While the report mentions data until June 30 (the first half of the year), let us have a look at how much the world's 10 richest have earned this year to date (as per net worth on July 4th mentioned on the Bloomberg billionaire index):

1. Elon Musk

Current net worth: $247 billion

Earnings this year: $110 billion

2. Bernard Arnault

Current net worth: $199 billion

Earnings this year: $37.3 billion

3. Jeff Bezos

Current net worth: $155 billion

Earning this year: $47.6B

4. Bill Gates

Current net worth: $134 billion

Earnings this year: $24.7 billion

5. Larry Ellison

Current net worth: $132 billion

Earnings this year: $40.3 billion

6, Steve Ballmer

Current net worth: $117 billion

Earnings this year: $31.5 billion

7. Warren Buffett

Current net worth: $115 billion

Earnings this year: $7.20 billion

8. Larry Page

Current net worth: $110 billion

Earnings this year: $26.7 billion

9. Mark Zuckerberg

Current net worth: $104 billion

Earnings this year: $58.6 billion

10. Sergey Brin

Current net worth: $104 billion

Earnings this year: $24.8 billion

Also Read: Anand Mahindra Reacts As World's Two Richest People Meet For Lunch

Hindenburg Report Resulted In Adani Losing The Most

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Also Read: Hindenburg Trolled For Failing To Detect SVB Crisis

Gautam Adani¡¯s net worth sank the most in the first half of 2023, losing $60.2 billion. Adani, chairman of Adani Group, also posted the biggest one-day loss of any billionaire, shedding about $20.8 billion on Jan. 27, after short seller Hindenburg Research accused his conglomerate of accounting fraud and stock manipulation ¡ª a claim Adani denies.

Hindenburg, founded by Nate Anderson, also knocked down the net worth of another billionaire: Carl Icahn. His Icahn Enterprises LP had its steepest one-day drop after Hindenburg disclosed it was shorting the shares, saying the stock was significantly overvalued relative to its holdings. Icahn¡¯s net worth fell $13.4 billion, or 57% ¡ª the largest percentage drop of any member of the Bloomberg Billionaires Index in the period.

On the other hand, Elon Musk's wealth has been soaring amid Tesla shares' surge this year, which has helped the billionaire also reclaim the world's richest tile from the now-second-placed Bernard Arnault. Last year, Musk became the first person to lose $200 billion in net worth.

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