Posted 2/17/2024, 10:37:00 PM
AI boom propels world's richest to $124B in wealth gains this year
- Nearly all wealth gained by world's richest this year comes from AI-related companies
- 30 of the 500 wealthiest people owe some of their fortune to AI companies
- These AI holdings have boosted their net worth by $124B in 2022, accounting for 96% of total wealth gain
- Biggest winners include Nvidia's Jensen Huang, Meta's Mark Zuckerberg, Microsoft's Steve Ballmer
- Gains raising questions about sustainability of rally for AI stocks