US Billionaires Who Multiplied Their Fortunes in October

American business magazine Forbes announced the 26 US billionaires whose fortunes increased by more than 1 billion dollars in October. In addition to the falling fortunes of billionaires such as Mark Zuckerberg and Jeff Bezos, Warren Buffett and Larry Ellison were among those who doubled their fortunes last month.

It was noted that the US billionaire closed last month richer compared to September. According to Forbes' estimates, the wealth of 26 US billionaires increased by 1 billion dollars or more in October. The Dow Jones Industrial Average, which tracks 30 blue-chip stocks including Apple, Disney and Coca Cola, closed October with a 14 percent gain, the best monthly performance since 1976, after hitting its lowest level of the year last month. The S&P 500 and Nasdaq Composite rose 8 percent and 4 percent, respectively. Here are the 10 US billionaires with publicly traded wealth who made the biggest gains last month: Larry Ellison Net wealth 103.2 billion dollars October earnings: $16.6 billion Source of earnings: Oracle   Warren Buffett Net wealth: $102.9 billion October earnings: $8.9 billion Source of earnings: Berkshire Hathaway   Thomas Peterffy Net wealth: $25.3 billion October earnings: 4.5 billion dollars Source of earnings: Interactive Brokers   Jim Walton Net wealth: 61 billion dollars October earnings: $4.2 billion Source of profit: Walmart   Alice Walton Net wealth: 58.8 billion dollars October earnings $4.1 billion Source of profit: Walmart   Rob Walton Net earnings: $59.7 billion October earnings: $4.1 billion Source of profit: Walmart   Robert Pera Net earnings: $20.1 billion October earnings: $3 billion Gain source: Wireless networking gear   Phil Knight Net earnings: $37.4 billion October earnings: $2.9 billion Source of profit: Nike   Michael Dell Net earnings: $49.9 billion October earnings: $2.7 billion Source of earnings: Dell Technologies   Thomas Frist Net earnings: $18.2 billion October earnings: $2.3 billion Source of profit: Hospitals   Source: gazeteoksijen Follow Global Economic Developments on Social Media! Click here to follow Ieconomy official Facebook account! Click here to follow Ieconomy official Instagram account! Click here to follow Ieconomy official Twitter account!