Bloomberg: The world’s richest people added about $ 1.8 trillion to their wealth in 2020



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A bundle of 100 dollar bills.

The “Bloomberg” Billionaires Index revealed: “The world’s 500 richest people added about $ 1.8 trillion to their combined wealth in 2020, bringing their total wealth to $ 7.6 trillion.”

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Bloomberg noted that “the 31% increase, which occurred even in the midst of the economic crisis caused by the Corona pandemic, is the largest annual gain in the index’s eight-year history, as growth reached mainly those who they were at the top as it has five People now have over $ 100 billion, with another 20, each with at least $ 50 billion in wealth. “

At the top of the Bloomberg Index is Jeff Bezos, founder and CEO of Amazon, with around $ 190 billion, as the tech company has benefited greatly during the spread of the Corona epidemic, following the shutdowns and health restrictions forced more people to turn to online shopping.

Elon Musk, the founder and CEO of Tesla, saw the largest increase in wealth in 2020, and Bloomberg noted that this increase may be the “fastest fortune” in history.

Musk was able for the first time to surpass Bill Gates, the founder of “Microsoft”, with a fortune of around $ 170 billion, to obtain the title of the second richest person in the world in November.

Musk’s surge in fortune was driven in large part by “Tesla,” whose market capitalization as of Saturday was around $ 670 billion, with about three-quarters of Musk’s net worth made up of Tesla shares.

Bloomberg reports that Bezos and Musk have achieved a combined wealth of $ 217 billion in 12 months, which is roughly enough to send $ 2,000 per check to more than 100 million Americans.

With these changes, Bill Gates is now in third place, with his total net worth, around $ 132 billion, while Bernard Arnault, president and CEO of LVMH Moët Hennessy Louis Vuitton, is in fourth place, with a value of $ 114 billion.

Meanwhile, Mark Zuckerberg, founder and CEO of Facebook, is considered the fifth richest person in the world, with a fortune of about 104,000 million dollars.

Source: “THE HILL”



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