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SpaceX owner and Tesla CEO Elon Musk poses on the red carpet of the Axel Springer Award 2020 on December 01, 2020, in Berlin, Germany. (Photo by Britta Pedersen-Pool/Getty Images)
AUSTIN, TX The coronavirus has wreaked havoc on the U.S. economy, yet billionaires in Austin 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, including Austin s recent arrival, Elon Musk, whose wealth grew by $126 billion since last year.
Silicon Valley is starting to bring workers back to the office
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Quebec LNG Facility Gains Small Investment from Local Entrepreneurs
Quebec investors made a start Tuesday on filling a year-old gap left after Berkshire Hathaway Inc. walked away from the plan for French Canada to enter the global liquefied natural gas (LNG) market.
Construction contractors Cegerco and L. Fournier et fils Inc. announced a C$2 million ($1.5 million) initial participation commitment by an entrepreneur group in the region east of Montreal, where the proposed Energie Saguenay export terminal would be built.
Cegerco President Jeannot Harvey and L. Fournier proprietor Jérémi Fournier described the commitment as a message to Canadian authorities and international business that the LNG project has community support, should be approved and deserves investment.