The 500 richest people in the world had a record-breaking 2025, adding USD 2.2 tn to their wealth piles and bringing their total net worth to a staggering USD 11.9 tn, according to Bloomberg ’s B’naires Index.

A quarter of the USD 2.2 tn came from just eight people, with major gainers including:

  • Tesla CEO Elon Musk — with a yearly gain of USD 190.3 bn and a net worth of USD 622.7 bn;
  • Alphabet co-founder Larry Page — with a net worth of USD 257.8 bn;
  • Amazon founder Jeff Bezos — with a net worth of USD 251.4 bn;
  • Oracle Chairman Larry Ellison— with a yearly gain of USD 57.7 bn and with a net worth of USD 249.8 bn.

By region: The wealth creation was heavily concentrated in the US and Canada, accounting for nearly half of the total at USD 1.1 tn. Asia and Oceania came in second with gains of USD 550.7 bn. Europe added USD 386.5 bn, while Latin America saw USD 159.5 bn. The Middle East and Russia added USD 39.3 bn, and Africa contributed USD 21.9 bn.

What drove the gains? Big Tech companies and US mega-cap stocks were the main engines of the massive wealth accumulation, dominating the stock market through sustained investments in artificial intelligence infrastructure.

Other sectors providing a boost included global equities and precious metals, the latter of which recorded its best year. Copper and rare earth metals also surged in value. Their emergence as commodities yielding significant geopolitical power added bns of USD to industry heavyweights like Australia’s Gina Rinehart, whose net worth rose by USD 12.6 bn to USD 37.7 bn.

The crypto market experienced more volatility, delivering massive returns as BTC’s value skyrocketed on the back of Donald Trump’s re-election at the end of 2024, before a steep slide in October saw the market wipe out gains and significantly reduce the added wealth of crypto-focused b’naires like Michael Saylor.

(** Tap or click the headline above to read this story with all of the links to our background as well as external sources.)

EGX30

41,857

+0.8% (YTD: +0.1%)

USD (CBE)

Buy 41.20

Sell 47.34

USD (CIB)

Buy 47.22

Sell 47.32

Interest rates (CBE)

20.00% deposit

21.00% lending

Tadawul

10,473

+0.2% (YTD: -0.2%)

ADX

10,010

-0.3% (YTD: +0.2%)

DFM

6,226

-0.4% (YTD: +3.0%)

S&P 500

6,966

+0.7% (YTD: +1.8%)

FTSE 100

10,125

+0.8% (YTD: +2.0%)

Euro Stoxx 50

5,997

+1.6% (YTD: +3.6%)

Brent crude

USD 63.34

+2.2%

Natural gas (Nymex)

USD 3.17

-7.0%

Gold

USD 4,501

+0.9%

BTC

USD 90,538

0.0% (YTD: +3.3%)

S&P Egypt Sovereign Bond Index

997.21

+0.1% (YTD: +0.4%)

S&P MENA Bond & Sukuk

151.72

+0.1% (YTD: -0.1%)

VIX (Volatility Index)

14.49

-6.2% (YTD: -3.1%)

THE CLOSING BELL-

The EGX30 rose 0.8% on Thursday on turnover of EGP 5.7 bn (7.8% above the 90-day average). Local investors were the sole net sellers. The index is up 0.1% YTD.

In the green: Telecom Egypt (+5.3%), ADIB (+3.6%), and EFG Holding (+3.6%).

In the red: Egypt Aluminum (-5.9%), Beltone Holding (-3.7%), and Rameda (-2.7%).

Tags: