World's 500 richest people net worth $10 trillion...Musk has doubled in a year.

With the U.S. stock market strengthening on the back of the artificial intelligence boom, the net worth of the world's 500 richest people was close to $10 trillion last year.

Also, Tesla Inc TSLA CEO Elon Musk's net worth doubled during the year.

According to the Bloomberg Billionaires Index reported by Bloomberg News on the 31st local time, the total net worth of the world's 500 richest people was $9.8 trillion as of the previous day, and KRW 1,423 trillion in Korean money.

This is similar to the combined GDP of Germany, Japan and Australia in 2023, Bloomberg explained.

Last year, the net asset growth of the 500 richest people was $1.5 trillion and 2,207 trillion won in Korean money, of which 43% of the eight rich people in the U.S. technology industry.

In particular, Musk's net worth was $432 billion as of the 31st of last month, 635 trillion won in Korean money, up $230 billion from a year ago.

Bloomberg said the asset gap with Amazon founder Jeff Bezos, the second-largest, widened to $237 billion on the 17th of last month, the largest asset gap ever between the first and second places.

In Korea, Samsung Electronics Chairman Lee Jae-yong ranked 331th with $8.46 billion, and Meritz Financial Group Chairman Cho Jung-ho ranked 408th with $7.16 billion.