World’s ultra-rich: 15 join the club with fortunes over $100 bn, shows Bloomberg Billionaires index

Fifteen individuals now join the world's super-rich club, boasting fortunes exceeding 100 billion dollars, a record high, according to the Bloomberg Billionaires Index.

Their wealth surge, attributed to artificial intelligence, luxury goods, and geopolitical shifts, has propelled their combined net worth to 2.2 trillion dollars, marking a 13 percent increase this year.

The index further added that this wealth accumulation outpaces inflation and the broader stock market. These 15 individuals collectively own nearly a quarter of the world's 500 richest people's wealth.

While some have previously surpassed the 100 billion dollars mark, it's the first instance where all maintain fortunes of such magnitude simultaneously.

Among recent entrants are Francoise Bettencourt Meyers of L'Oreal SA, Michael Dell of Dell Technologies Inc., and Mexican billionaire Carlos Slim, with fluctuations around the threshold noted.