The world’s wealthiest individuals experienced significant growth in 2013, with the top 300 billionaires adding a total of $524 billion to their net worth. As a result, the collective worth of the world’s richest people reached $3.7 trillion by the end of the year, according to the Bloomberg Billionaires Index. Leading the pack was Microsoft founder Bill Gates, who regained his title as the world’s richest man, surpassing Mexican Carlos Slim. Gates’ fortune increased by $15.8 billion to reach $78.5 billion, mainly due to the rise in Microsoft shares. The technology sector experienced the biggest gains, with a 28% increase in wealth. Only 70 out of the 300 wealthiest individuals experienced a net loss during the year. The surge in global stocks in 2013 resulted in the best annual gain since 2009, with the MSCI World Index advancing 24% and the S&P 500 Index rising 30%.
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