Saturday, April 10, 2021

The pandemic made a lot of people rich

The Pandemic has been VERY lucrative for some. I'm not surprised some want to keep that horse in the race. The number of billionaires on Forbes’ 35th annual list of the world’s wealthiest exploded to an unprecedented 2,755--660 more than a year ago. Of those, a record high 493 were new to the list--roughly one every 17 hours, including 210 from China and Hong Kong.

My. Goodness. 210 of 493 from China and Hong Kong. Imagine that. https://www.forbes.com/billionaires/

"Jeff Bezos is the world’s richest for the fourth year running, worth $177 billion, while Elon Musk rocketed into the number two spot with $151 billion, as Tesla and Amazon shares surged. Altogether these billionaires are worth $13.1 trillion, up from $8 trillion in 2020. The U.S. still has the most, with 724, followed by China (including Hong Kong and Macao) with 698. We used stock prices and exchange rates from March 5 to calculate net worths."

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