The wealthy in 2023 have really made a fortune! The top 10 richest people in the world increased their wealth by $465.4 billion in just one year, directly surpassing the market capitalization of the entire Walmart company.

Musk firmly holds the top spot with a net worth of $229 billion, a staggering increase of $92 billion in a year. Bezos closely follows with an increase of $69.9 billion, while Zuckerberg outpaces them all with an increase of $82.5 billion in a year. This wave of growth is mainly driven by the S&P 500 rising 24% throughout the year, with technology stocks experiencing a wild surge.

Interestingly, the total wealth of the top 10 billionaires is now $1.47 trillion, a figure that ranks sixth in the global company rankings, even surpassing Nvidia. On average, each billionaire has assets of $147.4 billion, with an average annual increase of $46.5 billion.

To be honest, this is the power of capital. In a good year for the stock market, the wealth of these people grows at a speed that feels like riding a rocket.