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Billionaire Wealth: The Biggest Winners and Losers in 2023

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See this visualization first on the Voronoi app.

This scatterplot chart shows changes in billionaire wealth in 2023.

Billionaire Wealth: The Biggest Winners and Losers in 2023

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

In early February, Mark Zuckerberg added $28 billion to his wealth in a matter of hours as Meta’s shares soared after the company announced its first dividend payout.

This follows a banner year for the Facebook founder, who saw his wealth surge 173% in 2023. Like Zuckerberg, many tech billionaires added huge sums to their wealth as the stock market rebounded.

This graphic, from Preyash Shah, shows the biggest winners and losers in billionaire wealth in 2023.

The Top Risers and Fallers

Below, we rank the world’s top 50 billionaires by their net change in wealth:

RankingNameNet Worth 2024Annual Change% Growth
1Elon Musk$250.4B$113.5B+83%
2Mark Zuckerberg$123.6B$78.3B+173%
3Jeff Bezos$174.4B$65.3B+60%
4Prajogo Pangestu$54.6B$49.5B+971%
5Larry Page$116.2B$38.1B+49%
6Sergey Brin$111.5B$36.6B+49%
7Amancio Ortega$99.4B$34.8B+54%
8Steve Ballmer$110.9B$32.4B+41%
9Larry Ellison$133.8B$30.0B+29%
10Jensen Huang$42.9B$29.4B+218%
11Françoise Bettencourt
Meyers & family
$98.1B$26.1B+36%
12Colin Huang$51.6B$21.8B+73%
13Carlos Slim Helu
& family
$102.9B$21.0B+26%
14Bernard Arnault
& family
$203.2B$20.2B+11%
15Michael Bloomberg$96.3B$19.5B+25%
16Reinhold Wuerth
& family
$30.7B$16.7B+119%
17Michael Dell$67.9B$15.4B+29%
18MacKenzie Scott$40.8B$15.3B+60%
19Gianluigi & Rafaela
Aponte
$29.7B$15.2B+105%
20Bill Gates$118.3B$15.1B+15%
21Dieter Schwarz$48.8B$14.3B+41%
22Stephen Schwarzman$37.7B$12.6B+50%
23Warren Buffett$118.8B$11.1B+10%
24Shiv Nadar$32.5B$8.6B+36%
25Mukesh Ambani$97.8B$8.0B+9%
26David Thomson
& family
$59.7B$6.8B+13%
27Tadashi Yanai
& family
$37.8B$6.5B+21%
28Ken Griffin$37.7B$6.4B+20%
29Klaus-Michael
Kuehne
$34.1B$5.2B+18%
30Giovanni Ferrero$40.0B$5.2B+15%
31Rob Walton$64.3B$4.2B+7%
32Jim Walton$65.0B$3.6B+6%
33Gerard Wertheimer$36.3B$3.1B+9%
34Alain Wertheimer$36.3B$3.1B+9%
35Jim Simons$30.7B$2.6B+9%
36Li Ka-shing$35.6B$2.2B+7%
37Zhong Shanshan$65.4B$2.0B-3%
38Julia Koch
& family
$59.2B$1.5B+3%
39Phil Knight
& family
$46.8B$1.3B+3%
40Alice Walton$60.0B$0.8B+1%
41Miriam Adelson
& family
$32.2B$0.1B+0%
42Jacqueline Mars$38.2B-$0.4B-1%
43John Mars$38.2B-$0.4B-1%
44Jeff Yass$28.9B-$1.1B-4%
45Len Blavatnik$31.5B-$2.2B-7%
46François Pinault
& family
$31.8B-$2.8B-8%
47Ma Huateng$34.0B-$3.3B-9%
48Charles Koch$53.9B-$3.8B-7%
49Zhang Yiming$43.4B-$6.1B-12%
50Gautam Adani$69.7B-$56.5B-45%

Adding $113.5 billion to his fortune, Elon Musk saw the biggest gains across the group as Tesla shares doubled in price in 2023.

This marks a sharp reversal from the previous year, when Musk lost more money than any other billionaire. In a record year, Tesla delivered 1.8 million vehicles—a 38% year-over-year increase.

Mark Zuckerberg, with the second-highest gains, raked in $78.3 billion as Meta’s shares skyrocketed. Last year, Facebook saw 5 million new users in North America. Adding to this, users’ time spent on Instagram has increased 40% since mid-2020 when Reels was launched.

As the fastest riser across the top 50, Indonesia’s energy billionaire Prajogo Pangestu saw his wealth climb an incredible 971%. The majority of gains were driven from Barito Renewables, his geothermal power company, going public in October 2023.

By contrast, India’s Gautam Adani saw the steepest decline in wealth. After a Hindenburg report accused the Adani Group of operating several shell companies to manipulate stock prices and launder money, Adani saw his wealth decline by $56.5 billion, cutting it by almost half.

Along with Adani, Zhang Yiming, the founder of ByteDance—known for its social media app TikTok—lost $6.1 billion while major Republican donor Charles Koch lost $3.8 billion over the year.

Rapidly Changing Wealth

So far, the U.S. stock market has hit record highs in 2024, boosting the fortunes of many of the world’s billionaires.

In fact, Meta recently added $196 billion to its market cap in one day, the biggest gain in the history of Wall Street. Year-to-date, Zuckerberg’s wealth has increased by $38.2 billion as of February 5. Additionally, Jeff Bezos has added $18 billion to his net worth in just over a month as Amazon shares have jumped nearly 14%.

In 2024, Warren Buffett’s net worth has already climbed by $9.9 billion.

Other billionaires have not fared as well, in particular Elon Musk, whose wealth has plummeted $55.8 billion after issuing recalls for 3.8 million vehicles. Tesla’s shares have slumped 27% year-to-date given production headwinds and a host of other setbacks, including legal troubles and increasing competition in the electric vehicle market.

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This article was published as a part of Visual Capitalist's Creator Program, which features data-driven visuals from some of our favorite Creators around the world.

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Personal Finance

Mapped: The Income a Family Needs to Live Comfortably in Every U.S. State

Families in expensive states require over $270,000 annually to live comfortably.

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A map showing the income that two working adults with two children need to live comfortably in each U.S. state.

The Income a Family Needs to Live Comfortably in Every U.S. State

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Families in the top five most expensive U.S. states require an annual income exceeding $270,000 to live comfortably.

This visualization illustrates the income necessary for two working adults with two children to maintain a comfortable lifestyle in each state.

“Comfortable” is defined as the income needed to cover a 50/30/20 budget, with 50% allocated to necessities like housing and utilities, 30% to discretionary spending, and 20% to savings or investments.

The calculations for family income needed in each state were done by SmartAsset, using the cost of necessities sourced from the MIT Living Wage Calculator, last updated on Feb. 14, 2024.

Massachusetts Tops the List

Massachusetts is the most expensive state to live comfortably in, requiring a total family income of about $301,184. Hawaii ($294,611) comes in second, followed by Connecticut ($279,885).

Housing is one main reason Massachusetts is an expensive state to live in, particularly in the Boston area. In addition, the state also has a high cost of living, including expenses such as healthcare and utilities.

RankStateIncome for 2 working adults raising 2 children
1Massachusetts$301,184
2Hawaii$294,611
3Connecticut$279,885
4New York$278,970
5California$276,723
6Colorado$264,992
7Washington$257,421
8Oregon$257,338
9New Jersey$251,181
10Rhode Island$249,267
11Vermont$248,352
12Minnesota$244,774
13New Hampshire$244,109
14Alaska$242,611
15Maryland$239,450
16Nevada$237,286
17Virginia$235,206
18Illinois$231,962
19Arizona$230,630
20Pennsylvania$230,464
21Maine$229,549
22Delaware$228,966
23Wisconsin$225,056
24Utah$218,483
25Michigan$214,490
26Nebraska$213,075
27Georgia$212,826
28Montana$211,411
28Iowa$211,411
30Idaho$211,245
31North Carolina$209,331
31Ohio$209,331
33Florida$209,082
34Indiana$206,003
35New Mexico$203,923
36Wyoming$203,424
37Missouri$202,259
38North Dakota$202,176
39Texas$201,344
40South Carolina$200,762
41Kansas$196,768
42Tennessee$195,770
43Oklahoma$194,106
44Alabama$193,606
45South Dakota$192,608
46Kentucky$190,112
47Louisiana$189,613
48West Virginia$189,363
49Arkansas$180,794
50Mississippi$177,798

Meanwhile, Mississippi is the least expensive state for a family to live comfortably, requiring $177,798 per year. Arkansas ($180,794) comes in second, followed by West Virginia ($189,363). In common, all these states share low prices of housing.

Learn More About Cost of Living From Visual Capitalist

If you enjoyed this post, be sure to check out this graphic, which ranks the median down payment for a house by U.S. state.

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