In 2020, the world saw the largest growth of billionaires ever according to the 35th annual Forbes World s Billionaires List. The list of billionaires jumped to a staggering 2,755 people, 660 more than in the previous year.
Of those 2,755 billionaires, 9 live right here in Michigan, including the 23rd richest person in the world, Dan Gilbert. Most of the other Michiganders that made the list are pretty recognizable names, including Hank & Doug Meijer of Meijer, Marian Ilitch of Little Caesars, and Roger Penske of the Penske Corporation.
But, one lesser known name on the list, has a very interesting back story. Mat Ishbia is the CEO of United Wholesale Mortgage, based in Pontiac, but he is also a NCAA Basketball National Championship winner. That s right, he was on Michigan State s 2000 National Championship team. He also competed in four Final 4 games during his time as a walk-on for the Spartans.
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Dan and Jennifer Gilbert, founders of the Gilbert Family Foundation, are pictured on March 25 in Detroit. Dan Gilbert is Michigan s wealthiest person, according to Forbes. (AP Photo/Corey Williams)
The coronavirus has wreaked havoc on the U.S. economy, yet billionaires in Michigan and across the globe are significantly wealthier than they were a year ago, according to this year s recently released Forbes World s Billionaires List.
The number of billionaires on Forbes 35th annual list jumped to an unprecedented 2,755 people, 660 more than a year ago. Altogether, they are worth $13.1 trillion, up from $8 trillion in 2020.
Among those on the list, 86 percent are richer today than they were a year ago.