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The Kobeissi Letter
@KobeissiLetter
Official X account for The Kobeissi Letter, an industry leading commentary on the global capital markets. Email us: support@thekobeissiletter.com
Joined June 2015
603 Following    2.7M Followers
AI is generating massive fortunes in the US and China: The combined wealth of new US AI billionaire entrants rose +$44 billion in the first 9 months of 2026, to $132 billion. Over the same time period, the combined wealth of new Chinese AI billionaire entrants surged +$43 billion, to $89 billion. This metric tracks the combined net worth of people who newly entered the world’s 500 richest list in 2026 through AI-related businesses. This includes 12 billionaires from the US and 5 from China. As a result, the combined wealth of this group in the US and China soared +$87 billion, to $221 billion. AI is creating unprecedented amounts of wealth.
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