Billionaires shape global finance through strategic investments and bold trades. Learn how to trade and invest in 2024 from experts.The ultra-wealthy will continue to shape the global financial landscape in 2024 through their business empires and strategic trading and investments. According to Forbes, which has been for decades, the wealth of the world’s wealthiest people reached USD 14.2 trillion in April 2024. This represents a 14 percent increase compared to USD 12.2 trillion last year.
Here’s a closer look at how billionaires trade and invest and how their strategies set trends in the financial world.Many of the world’s top billionaires in 2024 have amassed their fortunes by actively participating in the stock market, private equity, and even speculative investments like cryptocurrency. Figures such as Elon Musk, Jeff Bezos, and Bernard Arnault own some of the world’s most valuable companies and maintain diversified portfolios that keep them on the cutting edge of global finance.Elon Musk continues to dominate the financial world in 2024 with a net worth of over $251 billion. While comes from his stakes in Tesla and SpaceX, he has ventured into other areas, such as social media platform X. Musk’s trading and investment activities are hard to track as they are as unpredictable as his business ventures. He is known to make headlines with his bold, contrarian moves in the market. He has ventured into artificial intelligence, space exploration, and renewable energy sources and is on track to be the first trillionaire by 2027.Jeff Bezos — the founder of Amazon — has amassed a fortune of over USD 190 billion, placing him alongside Musk and Arnault at the top of the most wealthy list. Even though Bezos Bezos is a master of strategic diversification, as he expands his investments beyond e-commerce into various industries like space exploration, media, and real estate. His real estate portfolio is worth over half a billion and includes luxury properties in New York, Washington, D.C., and Los Angeles. One of Bezos’s most remarkable ventures is Blue Origin, his private aerospace manufacturer. He is also heavily invested in the media industry, and the 2013 acquisition of The Washington Post was a strategic move to grow his influence in the sector.Bernard Arnault, chairman and CEO of LVMH, remains one of the wealthiest men in the world, with his wealth surpassing USD 180 billion. While much of his wealth stems from luxury brands like Louis Vuitton and Christian Dior, Arnault has continued growing his empire across multiple sectors by expanding his portfolio into other investment areas. Arnault has a calculated approach to wealth management and actively invests in art, property, and tech.A common trend among billionaires in 2024 is their use of diversification to safeguard their wealth. Warren Buffett, known as the “Oracle of Omaha,” emphasises long-term value investing through his company, Berkshire Hathawa
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