Global stock markets have repeatedly hit new highs, prompting the world's wealthiest individuals to cash in their gains.

According to Odaily, as stock markets continue to set new records, the global ultra-wealthy are choosing to take profits and cash out; in recent weeks, they have collectively sold off over $1 billion worth of shares.

Last week, a descendant of Germany's Viessmann family sold approximately $750 million worth of shares in Carrier Global Corporation, an air conditioning equipment manufacturer based in Florida.

Meanwhile, Danish billionaire Henrik Lind also offloaded around $175 million worth of shares in facility management company ISS A/S.

This month, Chris Ellison, founder of Mineral Resources Ltd., cashed out 122.5 million Australian dollars (approximately $87 million) by selling about 10% of his stake in the Australian mining services company; this marks his first reduction of this investment in nearly a decade.

These transactions vividly illustrate how wealthy private investors are locking in investment returns by reducing large positions as global stock indices reach historic highs. Despite geopolitical turmoil, global stock markets have continued to surge, driven by the AI boom and corporate earnings growth. Several investment banks, including Goldman Sachs, believe there is still room for further upside, although some investors have begun to worry that current valuations may be too high. (Jinshi Data)