Summary List Placement
2020 was a great year for billionaires.
That’s according to Forbes, which released its annual billionaires list on 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:
Jeff Bezos, Amazon’s CEO, saw his fortune grow from $113 billion in 2020 to $177 billion in 2021
Elon Musk, the CEO of Tesla and SpaceX, saw his net worth rise from $24.6 billion in 2020 to $151 billion in 2021
Bernard 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 2021
Mark Zuckerberg, Facebook’s CEO, saw his net worth rise from $54.7 billion in 2020 to $97 billion in 2021
In 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 jockey with Bezos for the title of world’s richest person.
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Source:: Businessinsider – Life