The world's wealthiest person has increased their wealth by a record $2.2 trillion this year.

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Deep Tide TechFlow News, December 31 — According to foreign media reports, the billionaire index of institutions shows that the collective wealth of the world’s top 500 richest people has increased by a record $2.2 trillion this year. All markets, from stocks to cryptocurrencies to precious metals, are booming, causing their asset values to soar. This wealth growth has brought their total net worth to $11.9 trillion. Among them, technology giants lead the way, with the frenzy over artificial intelligence continuing to boost large-cap U.S. stocks. About a quarter of all wealth growth recorded by the institutional wealth index comes from 8 individuals, including Oracle(ORCL.N) Chairman Larry Ellison, Tesla(TSLA.O) CEO Elon Musk, Alphabet(GOOG.O) Co-founder Larry Page, and Amazon(AMZN.O) Founder Jeff Bezos. However, it is worth noting that this contribution is smaller than last year, when these 8 billionaires contributed 43% of the total gains. (Jin10 Data)

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