How Billionaires Got So Rich In 2021
Marlene Awaad/Bloomberg, Jamel Toppin for Forbes, Michael Prince for Forbes
The vast majority of the billionaires on this year’s
Forbes list hail from these 10 sectors.
There are a record-smashing 2,755 billionaires in the world, according to
Forbes’ 2021 World’s Billionaires list. How did they make their mega-fortunes? By doing everything from starting hedge funds and tech companies to breeding pigs and brewing kombucha.
But certain industries offer a more common route to riches than others. The most likely way to make a billion-dollar fortune: go into finance and investments. That sector has minted the most billionaires in the world, with 371 people, or about 13% of the entire list. It was the top industry for billionaires in 2020 the last time we tabulated the number of billionaires per industry as well. The number of finance and investment billionaires has grown by 50% in the past year, and has nearly doubled from two years ago
Asia Ascendant: The Richest New Chinese Billionaires In 2021
Stefen Chow for Forbes, Pop Mart
The world’s second largest economy is leading the globe in creating ten-figure fortunes more than 40% of newcomers to
Forbes’ World’s Billionaires list hail from the Asian nation.
After an unparalleled year,
Forbes’ 35th annual World’s Billionaires is awash in new billionaires and China is heading the charge. The world’s most populous nation, which boasts a record 626 billionaires (that doesn’t include 71 from Hong Kong and 1 from Macao, which are listed separately), has minted 205 new billionaires in the past 12 months. The rapid pace marks a departure from last year, when the Covid-battered nation only counted 80 new billionaires on the 2020 World’s Billionaires list.
Nearly 500 People Became Billionaires During The Pandemic Year
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Chamath Palihapitiya, Tim Cook and Kim Kardashian West are among the record-breaking 493 newcomers to the Forbes World s Billionairs list this year. Brendan McDermid/Reuters/Newscom, Roy Rochlin/Getty Images, Dimitrios Kambouris/Getty Images
A new billionaire every 17 hours: Here are the most notable newcomers on Forbes 2021 World s Billionaires list.
Covid-19 hasn’t stopped the spread of billionaires, who multiplied at an astounding rate over the past year. A record 493 people joined
Forbes’ World’s Billionaires list this year meaning the world on average gained a new billionaire every 17 hours since
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