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For World's 100 Richest People, It Was a Very Good Year: Chart

Bernard Arnault, world’s third richest individual. — Bernard Arnault, world’s third richest individual.
Photographer: Marlene Awaad/Bloomberg

By

Alexandre Tanzi and

November 22, 2019, 4:51 PM UTC

The 100 richest people on Earth gained more than half a trillion dollars this year as U.S. equity markets climbed to record highs. Despite global trade tensions and concerns about a U.S. recession, the cohort on the Bloomberg Billionaires Index saw their aggregated wealth grow to almost $3 trillion this week. On average, wealth among the top 100 has increased by $5 billion each this year.