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World's wealthiest people get $150B richer thanks to surging AI stocks

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The world's wealthiest people have got at least $150 billion richer thanks to the AI-fueled stock-market boom

on the publication's rich list for the first time ever earlier this week, with his fortune up $47 billion in 2023 thanks to the tech stock's 55% gain.

Gates himself has gotten $24 billion richer this year thanks to his Microsoft shares, with the Redmond-based tech giant emerging as a preferred AI play forAnd the man at the helm of one of the stock market's biggest success story of 2023 – Nvidia founder Jensen Huang – has also seen his personal fortune balloon by $24 billion, according to Bloomberg's index.

Again, that's largely thanks to Huang's shares in the chipmaker, which have jumped 192% in value to lift the company to a $1 trillion market capitalization. The members of the rich list have seen their combined wealth jump by over $150 billion in 2023, by Insider's calculations.

 

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