Cyprus Mail
Business International

Bezos, Musk top Forbes’ record-setting billionaire list

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

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

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 $13.1 trillion, up from $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.

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.

Related Posts

Bank of Cyprus posts €21 mln first-quarter profit

Kyriacos Nicolaou

Cyprus Business Now

Kyriacos Nicolaou

Washington holds key to Russia’s sovereign default

Reuters News Service

JP Morgan downgrades India’s IT sector as pandemic boom fades

Reuters News Service

Reservations over bill to fast-track ‘strategic developments’

Elias Hazou

Sri Lanka fuel shortage set to ease; police clash with protesters