Only tech billionaires are making money this year
Through September 30, the world's 100 tech billionaires gained a record $845 billion, driven by the AI boom and surging tech stocks. They now hold a combined wealth of $4.6 trillion, making up 36% of the Bloomberg Billionaires Index, while non-tech billionaires lost $62 billion. This trend highlights the dominance of American tech fortunes in global wealth accumulation.