Categories: Business

The world is delivering a new billionaire every 17 hours

Although the world is still dealing with the devastating effects of the Covid-19 epidemic, a few positive things have begun to knock on the world’s door. The rise in the number of billionaires’ during this period, is one such interesting feat.

According to Forbes World’s billionaire list, more individuals will enter the billionaire club after the Covid-19 pandemic in 2021. The new number is huge. Reportedly 493 new billionaires have joined the gang of billionaires. The world has produced one new billionaire every 17 hours to a large extent. With 493 new billionaires added to the list, the world gained one new billionaire every 17 hours on average. It was reported in 2015 that there were 290 new billionaires. The distinction is palpable.

With a net worth of $177 billion, Jeff Bezos has been named the world’s richest individual in 2021. Elon Musk, on the other hand, came in second place with a fortune of $164 billion. In third place is Bernard Arnault, Bill Gates is fourth, and Mark Zuckerberg, the founder of Facebook, is fifth.

The United States is currently leading the chase for the most billionaires. According to the survey, the United States is at the top of the list, with a total of 724. The maximum number of countries which hold a maximum number of billionaires is The United States. China is also catching up with 698 billionaires.

World Economic Magazine

Recent Posts

McLane360 Signals a New Digital Chapter for Convenience Retail

Convenience retail is becoming an increasingly data-driven business, with operators balancing tight margins, shifting consumer…

1 week ago

Vali Cyber Targets a Critical Blind Spot With Multi-Factor Authentication for Hypervisors

As enterprises have moved more workloads into virtualised environments, the hypervisor has become a critical…

1 week ago

FIA and WRC promoter confirm final round of the 2026 FIA World Rally Championship

Rally Saudi Arabia will not form part of the 2026 FIA World Rally Championship due…

1 week ago

Teva Expands Its Outdoor Proposition With a Fall Collection Built for Trail and Everyday Adventure

Outdoor footwear is increasingly expected to do more than perform on a trail. Consumers move…

1 week ago

Go Brewing Bets on Performance Culture as Non-Alcoholic Beer Enters Its Next Phase

The non-alcoholic beverage market is beginning to move beyond the simple promise of drinking less.…

2 weeks ago

Nextpower Links Sustainability Targets to Supply Chain Accountability and Clean Energy Growth

For clean-energy technology companies, sustainability reporting is increasingly moving beyond a compliance exercise. Investors, customers…

2 weeks ago