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Jackpot: Ten New Billionaires From IPOs In 2021 Share to Facebook Tim Pannell for Forbes, Noam Gaga/Getty Images Despite the SPAC boom, far more entrepreneurs became billionaires this year through a good old-fashioned traditional IPO. Public markets were taking a beating when Forbes finalized the World Billionaires’ list on March 18, 2020. The S&P 500 had cratered 29% from its February 19 high as investors fled from equities while the world ground to a Covid-imposed halt. Companies like Airbnb and Warner Music Group, who had planned much anticipated IPOs in 2020, sought shelter from the storm instead. Things couldn’t be more different this year. After a strong rebound in the second half of 2020 that has continued into 2021, public markets are again booming and plenty of entrepreneurs are getting in on the action. Among the record 493 new billionaires on this year’s list including 10 who rode the trendy SPAC wave to riches

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