Despite war-inflation, the fortunes of the rich swelled – 2024-04-05 19:48:00

Despite war, political instability and inflation, the wealth of the world’s billionaires has grown at a remarkable rate. More new faces have been added to the list of billionaires.

The total number of billionaires in the world now stands at 2,781, which is 141 more than last year. Their total assets are $14.2 trillion, which is $2 trillion more than in 2023.

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But most of the property is in the possession of the top 20 people. After 2023 they collectively add $700 billion. 813 people from the country have made it to the list of billionaires, with a combined net worth of $6.7 trillion.

China is second in the list of billionaires with 473 people. The total wealth of the country’s billionaires is 1.7 trillion dollars.

India is third in the list with 200 billionaires. Their combined assets amount to $954 billion.

Meanwhile, French businessman and LVMH CEO Bernard Arnault tops the world’s richest list with assets worth $233 billion. Elon Musk, CEO of Tesla, the US electric car maker, is in second place. His assets amount to 195 billion dollars.

MSM