New York (CNN Business) The world's wealthiest people, whose fortunes already strained comprehension, collectively gained $1 trillion last year, according to Bloomberg's Billionaires Index. Elon Musk, the world's richest person, alone gained nearly $118 billion in just the last 12 months. Elon Musk, the world's richest person, alone gained nearly $118 billion in just the last 12 months. Mark Zuckerberg's year was the stuff of tech titan nightmares, but he's still about $25 billion richer for it. Time and again, Wall Street shrugged off concerns about inflation, supply chain bottlenecks and new Covid-19 variants to keep equity markets humming.

Source: CNN January 05, 2022 00:06 UTC