The number of billionaires in the world has reached a record 2,816 and are worth a record $11.2 trillion in total – more than the GDP of every country except for the US and China.
An extra 346 people are on the list this year – including MacKenzie Bezos following her divorce last year from Amazon founder Jeff Bezos, 56, who retained the title of world’s richest man.
The billionaires’ total wealth – based on their net worth on January 31 this year – has increased 16 per cent over the past year, according to the Hurun Global Rich List 2020 released on Wednesday.
There are 479 new billionaires this year while 130 dropped off, 16 of whom died.
The increase is largely down to the boom in the tech industry and rising stock markets.
Facebook’s Mark Zuckerberg, 35, with $84 billion, Google founders Sergey Brin, 46, with $68 billion and Larry Page, 46, with $67 billion and Microsoft’s Steve Ballmer, 63, with $67 billion are all in the top ten.
Jeff Bezos, 56, who retained the title of world’s richest man with a net worth of $140 billion
Bezos was joined in the billionaires’ club by his ex-wife MacKenzie Bezos after she received approximately 19.7 million Amazon.com shares in their divorce settlement last year
Facebook’s Mark Zuckerberg, 35, with $84 billion, is the youngest billionaire in the top ten
‘A boom in tech valuations and strong stock markets across the U.S., India, and China propelled the billionaires to record heights,’ Rupert Hoogewerf, chairman and chief researcher of Hurun Research Institute, said in the report.
China has the most billionaires with 799 which outnumbers the U.S.’s record billionaire population of 626.
China, Hong Kong and Taiwan created 182 new billionaires with fortunes made in drugs and online entertainment after a mini-boom from the coronavirus outbreak.
The US created 59 new billionaires.
China and the US have more than half of all global billionaires, followed by India, Germany, and the UK who each boast over 100 billionaires.
Seven of the top 10 billionaires are Americans and none are Chinese. Jack Ma, China’s richest man with $45 billion, is in 21st place.