These Ten People Made $796B in This Year’s Tech Stock Surge

It has been an extraordinary year for America’s richest billionaires. The US economy has grown by around 3 percent in 2024, but their fortunes have shot up far more.

Here, in reverse order, is a rundown of who has made the most from a rally in public (and private) markets that may soon unwind.

Together these 10 entrants made almost as much as the US government spends on defense each year ($850bn), which puts that astronomical yearly budget into perspective.

Marginal gains

10. Michael Dell—founder, Dell: $14 billion

Dell’s eponymous company, best known as a maker of PCs, slid out of relevance after an early tech heyday.

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