The Rich, get Richer (Patreon)

Stunning increase in wealth for the top 0.1%

Data

1. Collective Wealth Increase of Richest Families: The world’s richest families have collectively become $1.5 trillion wealthier since last year.
2. Gains by the House of Hermès: The dynasty behind luxury brand Hermès added $56 billion to their fortune, becoming the world’s third-richest family.
3. Dynastic Wealth Management Strategy: The most successful families have focused on generational milestones rather than short-term gains, contributing to their enduring wealth and prosperity. Imagine if they Bought Bitcoin!!!! 

Some Notables

1. Global Dynasty Wealth Increase: The wealth of global dynasties soared by 43% in the last year.
2. House of Nahyan's Fortune: The Al Nahyans of Abu Dhabi have a fortune of $305 billion, placing them at the top of Bloomberg’s annual ranking of family fortunes.
3. Comparison with the Waltons: The Al Nahyans' fortune surpasses the Waltons of Walmart Inc. by $45 billion.
4. Wealth of the Al Thanis: The Al Thanis, the royal family of Qatar, are ranked No. 5 in the list.
5. Petro-Fortunes Impact: The three Gulf families on the ranking, including the Al Nahyans and the Al Thanis, are likely far richer than these conservative estimates suggest.