Forbes: World added one new billionaire every 17 hours amid pandemic | International Business News – Times of India


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NEW DELHI: The number of people in the billionaires’ club multiplied at a very high rate amid the Covid-19 pandemic, according to Forbes world’s billionaires list 2021.
With a record number of 493 new entrants in the list, the world on an average gained one new billionaire every 17 hour. The previous record for most new billionaires in a year was in year 2015 with 290 additions.
The average net worth of all the new comers amounts to $2 billion, Forbes said.
Top 10 richest added over $1 trillion
The top 10 richest in the world added a combined wealth of $1.15 trillion, up by two-thirds from $686 billion last year.
With a total wealth of $177 billion, Jeff Bezos retained position as the world’s richest person for the fourth consecutive year.

While SpaceX founder Elon Musk bagged the second spot, French billionaire Bernard Arnault at third, Bill Gates at fourth and Facebook founder Mark Zuckerberg at fifth place.
Reliance Industries chairman Mukesh Ambani added nearly $84 billion to his fortune since last year and held the 10th spot.

Altogether, 1,149 billionaires from Asia-Pacific countries are worth $4.7 trillion, while the US billionaires are worth $4.4 trillion.
US leads in number of billionaires
The United States leads the list of countries with most billionaires with a total of 724, while China is closing the gap with 698 billionaires.
Last year, the US had 614 billionaires and China had 456 (including 66 from Hong Kong and 1 Macao).

China added most billionaires
China has added the maximum number of 205 billionaires during the pandemic-stricken year.
Notable Chinese newcomers include its richest newcomer, 45-year-old Chen Zhiping (worth $15.9 billion), who is chairman and CEO of vaping device-maker Smoore International, and Kate Wang ($5 billion), CEO of Chinese vaping company RLX Technology.
With 98 newcomers, the United States added the second highest number of billionaires. The list includes personalities like Kim Kardashian West ($1 billion), Hollywood mogul Tyler Perry ($1 billion); and Apple CEO Tim Cook ($1.3 billion).

Germany added the third most billionaires this year, with 26, followed by Canada and India, with 19 apiece. In all, 36 countries have at least one new billionaire this year.



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