Billionaires became $5 trillion richer during the pandemic: Forbes

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4/7/2021 5:27:00 PM

Nearly 500 new billionaires joined the ranks of Jeff Bezos and Elon Musk last year as the world's richest became $5 trillion richer

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That's according to Forbes, which released itson Tuesday. Forbes found that the world's wealthiest people, many of whom are recognizable as the top names in the business world, are $5 trillion richer than they were one year ago. Here's how the five richest billionaires fared in 2020: 

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Jeff Bezos, Amazon's CEO, saw his fortune grow from $113 billion in 2020 to $177 billion in 2021Elon Musk, the CEO of Tesla and SpaceX, saw his net worth rise from $24.6 billion in 2020 to $151 billion in 2021Bernard Arnault, the CEO of LVMH, saw his wealth rise from $76 billion in 2020 to $150 billion in 2021

Bill Gates, the cofounder of Microsoft, saw his fortune grow from $98 billion in 2020 to $124 billion in 2021Mark Zuckerberg, Facebook's CEO, saw his net worth rise from $54.7 billion in 2020 to $97 billion in 2021In the case of Bezos, for example, skyrocketing demand for Amazon's goods and services during the pandemic fueled his wealth gains; for Musk, Tesla's soaring stock price boosted his fortune to new heights, allowing him to headtopics.com

jockey with Bezosfor the title of world's richest person. There were also 493 new billionaires forged in the last year, a new one every 17 hours on average, Forbes found. In total, Forbes' list includes 2,755 billionaires.  Read more: Business Insider »

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Vulture Capitalism is setting the world stage for a despotic spread of populism as income disparity widens. The World of Psychopaths! In coronavirus period time while some part of the world are living in poverty and anger Next romanian lawyer who sees me orgasm or sosoaca woman type will get a punch in the face from me.

I want to know my exact roots, so I can sue romanians, first of all, for trying to make me trash, sole, thrall forcing me to want their food, customs, pretending that what is supposed to be mine in Bucharest( I think), belongs to them and romanian state! Only reason they have what they have..... Billionaires should not exist. There is absolutely no point in hoarding wealth.

mbak FMasriati harus tau nih What does this mean to me or them?