World's 500 Richest People Added $852 Billion to Their Wealth in First Half of 2023

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World's 500 Richest People Added $852 Billion to Their Wealth in First Half of 2023
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'They can afford to pay their fair share in taxes,' said 4TaxFairness.

, the world's richest people added an average of $14 million per day to their wealth over the past six months,"the best half-year for billionaires since the back half of 2020, when the economy rebounded from a Covid-induced slump."

Tesla CEO and Twitter owner Elon Musk saw the largest net worth boost of any global billionaire, adding nearly $97 billion in the first half of the year. Mark Zuckerberg, the chief executive of Meta, saw his wealth grow by close to $59 billion, the second-largest gain of any billionaire.Wednesday in response to theIn the U.S., capital gains are only taxed when they've been realized, such as when stock is sold.

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