Billionaires Surge Amid AI and Stocks | Boston News
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Billionaires Surge Amid AI and Stocks | Boston News
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Getting on the Forbes 400 this year? You need a cool $4.4 billion—up from $3.5 billion last year and way more than a decade ago. AI, data centers, and soaring stocks are fueling the boom, while nearly 600 American billionaires still miss the cut. The 400 are sitting on $8 trillion combined—up from $6.6 trillion last year. Elon Musk tops the list with net worth nearly doubled thanks to SpaceX’s IPO, followed by Jeff Bezos and Larry Page. In Massachusetts, Abigail Johnson leads with over $40 billion at Fidelity. Some past stars like Phillip T. Ragon and Alan Trefler have fallen off—the game keeps changing. Forbes calculates net worth by crunching every asset: stocks, real estate, company stakes. It’s a jaw-dropping snapshot of who’s winning in today’s economy—and how wealth is concentrated at the very top.
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This is an automated, high-level news summary based on public reporting.
Sources:
https://www.boston.com/news/local-news/2026/09/16/these-massachusetts-billionaires-made-forbes-2026-list-of-the-400-richest-americans/
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