- The world's 500 richest people added $1.2 trillion to their collective net worths in 2019, according to Bloomberg.
- Increased demand for luxury goods in China grew the fortunes of Francois Pinault, Bernard Arnault, and Francoise Bettencourt Meyers.
- In the tech sector, Microsoft's stock surge made two of the software developer's largest shareholders over $10 billion apiece in 2019.
- Visit Business Insider's homepage for more stories.
The world's 500 richest people grew their collective net worths 25% in 2019 - but some billionaires benefitted more than others.
Billionaires who made their fortunes from tech and luxury goods led the pack. Increased demand for luxury goods in China grew the fortunes of Francois Pinault, Bernard Arnault, and Francoise Bettencourt Meyers. Microsoft's stock surge made two of the software developer's largest shareholders over $10 billion each in 2019. Facebook also saw massive growth in 2019, despite a never ending stream of negative headlines about its handling of political advertising and hate speech.
Keep reading to learn which billionaires made the most money in 2019.