Bezos, Musk top Forbes’ record-setting billionaire list

Forbes’ annual world’s billionaires list includes a record-breaking 2,755 billionaires, with Amazon.com Inc founder Jeff Bezos topping it for the fourth consecutive year, the media company said on Tuesday.

Investor and business tycoon Warren Buffett fell out of the top five for the first time in over two decades, as tech executives dominate the Forbes rankings.

This year’s list has 493 newcomers, including Whitney Wolfe Herd, chief executive of dating app Bumble, which went public this year.

The ranks of the ultra-wealthy are expanding after a year in which the coronavirus pandemic upended world economies and threatened the livelihoods of people across the globe.

This year’s billionaires are worth a combined US$13.1 trillion, up from US$8 trillion last year, Forbes said.

“The very, very rich got very, very richer,” said Forbes’ Chief Content Officer Randall Lane, in an interview with Reuters Video News.

Tesla Chief Executive Elon Musk jumped into second spot on the list, up from 31st last year.

Bernard Arnault, chief executive of luxury goods firm LVMH, Microsoft founder Bill Gates and Facebook Chief Executive Mark Zuckerberg round out the top five of the world’s richest billionaires. – REUTERS

Related Posts

LIVE: Independence Day Main Celebrations in Maphisa, Matabeleland South Province

Welcome to our Live Blog from Maphisa Stadium, Matabeleland South Province. As Zimbabwe marks its 46th Independence anniversary today, the dusty plains of Maphisa have come alive, carrying more than…

WATCH: President Mnangagwa arrives in Bulawayo for Children’s Party in Maphisa

Peter Matika, [email protected] President Mnangagwa has arrived in Bulawayo en route to Maphisa, where he is expected to preside over the pre-Independence Children’s Party at Mahetshe Primary School. President Mnangagwa…

Leave a Reply

Your email address will not be published. Required fields are marked *

×
×