Wealth of World's Richest Men Doubles While Inequality Grows
• The world's 5 richest men (Musk, Arnault, Bezos, Ellison, Buffett) saw their fortunes double since 2020, now totaling hundreds of billions each
• Their net worth is calculated by estimating the value of their company ownership stakes on a given day, though values fluctuate
• Net worth differs from income - it’s a snapshot of assets minus liabilities, not money gained over time
• Experts think Elon Musk has the best shot at becoming the world’s first trillionaire due to the potential of Tesla's self-driving tech
• A trillionaire’s emergence signals the economy has grown enough and it may be time to distribute wealth more evenly