Five billionaires who gained most wealth in 2024
The past year has made many Forbes list members even wealthier. Let's find out which of them earned the highest profits over the last 12 months and what contributed to their financial success.
IT technologies
Shares of tech companies will remain the leaders in stock markets for a long time. Shares of the companies involved in e-commerce and advertising on the Internet, social networks and IT-development, providing the possibility of remote work will rise even after the pandemic. Experts also advise investors to pay attention to robotics and artificial intelligence, as well as the semiconductor industry and the electric car segment. According to the latest estimate provided by Boston Consulting Group, by 2026, the share of electric vehicles will account for more than 50% of the global sales of passenger cars.
Healthcare industry
Experts suppose that there is no use to invest in the companies engaged in vaccine production. However, if the organization is developing drugs to treat COVID-19 and its consequences, it is a good idea to invest in its shares. The fact is that this sphere will be important for a long time. What is more, investors are recommended to take a close look at underestimated healthcare companies and funds that focus on the shares of hospitals, pharmacies, insurance companies, and medical equipment suppliers.
Financial sector
During the pandemic, most financial companies managed to earn money and expand their customer base. However, some experts are sure that once the pandemic ends, this sector will become even more prosperous. After the pandemic, economic and investment activity is likely to increase. This means that people will make various transactions more often. That is why analysts recommend monitoring shares of both banks and such large payment systems as Visa and PayPal.
Bonds of emerging countries
Debt obligations of developing countries are one more instrument that is worth investing in. The virus-induced crisis has led to a budget deficit in most countries. In the emerging countries, this indicator reached multiyear records. Experts believe that quite resilient countries such as Mexico, Brazil, and the Republic of South Africa will hardly face default. However, the coupon payment is likely to be 2-3 times higher than the US dollar inflation. This really corresponds to the post-pandemic world.
The past year has made many Forbes list members even wealthier. Let's find out which of them earned the highest profits over the last 12 months and what contributed to their financial success.