How much money Elon Musk, Jeff Bezos and other billionaires made last year, despite the pandemic



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Entrepreneurs and billionaires Jeff Bezos, Bill Gates, Mark Zuckerberg, Elon Musk and Bernard Arnault have all seen their wealth increase in 2020.
Entrepreneurs and billionaires Jeff Bezos, Bill Gates, Mark Zuckerberg, Elon Musk and Bernard Arnault have all seen their wealth increase in 2020.

In a global economic context of crisis due to the coronavirus pandemic and the various restrictions put in place by different governments to contain the virus, many citizens have lost part of their wealth and even their jobs. However, the great millionaires of the planet took advantage of this step to further inflate their coffers., according to a publication by Business intern.

The portal cites a report published by the Hurun agency, which annually updates the list of billionaires in the world, and which highlights that In 2020, there were 3,228 people with fortunes of over $ 1 billion, more than double the 1,453 people of ten years ago and 45% more than the 2,257 five years ago.

The study explains that among the 3228 billionaires in the world, they generated a fortune of $ 14.693 trillion in 2020, which is equivalent to one sixth of global GDP, which stands at $ 87.265 trillion.

In this context, the rich have benefited from this situation of uncertainty due to the advancement of their businesses. This is the case of Elon musk, founder of You’re here, company that the stock market has risen more than 600% in the last fiscal year and catapulted the businessman to the first position of the list of people with the highest level of wealth in the world, as he lost at the hands of the founder of Amazon, Jeff Bezos.

According to the Bloomberg Billionaires Index, the incomes of the 10 richest people in the world exceed nearly $ 500 billion.

Here is the list of the millionaires who made the most money last year, despite the crisis caused by the coronavirus:

1. Elon Musk (148,000 million USD)

The CEO of Tesla and aerospace company SpaceX is last year’s biggest winner among the world’s richest people. His fortune has soared due to the rise in the price of the electric car company, after earning more than $ 148,000 million, leaving his fortune at over $ 180,000 million, according to Bloomberg data. .

Elon Musk, CEO of Tesla.  EFE / Britta Pedersen / Archivo
Elon Musk, CEO of Tesla. EFE / Britta Pedersen / Archivo

Musk also owns about 48% of SpaceX according to Bloomberg, and is preparing a financing round with which they intend to take its valuation to more than $ 92 billion.

2. Jeff Bezos ($ 72 billion)

The founder and former CEO of Amazon is the richest man in the world with a fortune of $ 183 billion. In the past year, it has increased its assets by more than $ 72 billion thanks to the boost the coronavirus pandemic is bringing to e-commerce.

Jeff Bezos, founder of Amazon.  REUTERS
Jeff Bezos, founder of Amazon. REUTERS

Most of Bezos’ fortune is held in shares of Amazon, in which he owns an 11% stake (equivalent to $ 170,000 million), after 4% of his position was transferred to his ex-wife, Mackenzie Scott, after the divorce.

Additionally, Bezos owns an aerospace company, called Blue Origin, with which he intends to transport goods and passengers to the Moon.

3. Bernard Arnault (55,800 million USD)

The richest man in France is a member of the executive committee and chairman of LVMH Moët Hennessy Louis Vuitton. He sits at the head of the board of directors of Groupe Arnault.

Bernard Arnault is the richest businessman in France and member of the executive committee and chairman of LVMH Moët Hennessy Louis Vuitton REUTERS
Bernard Arnault is the richest businessman in France and member of the executive committee and chairman of LVMH Moët Hennessy Louis Vuitton REUTERS

As the pandemic progressed, he saw his wealth increase by $ 55.8 billion, bringing his fortune to $ 125 billion).

4. Mark Zuckerberg ($ 38,700 million)

Mark Zuckerberg, founder of Facebook.  REUTERS
Mark Zuckerberg, founder of Facebook. REUTERS

El fundador de Facebook, el quinto hombre más rico del mundo con una fortuna de USD 104,000 million ganó durante el último año USD 38,700 million, weighs a los múltiples desafíos judiciales a los que se enfrentó recientemente su empresa, de la que posee aproximadamente un 13 percent.

5. Larry Page ($ 37,900 million)

One of the founders of Google also takes his place on the list. Larry Page, whose wealth trajectory began with the founding of the tech company, is Alphabet’s current CEO.

Larry PAge, founder of Google.  REUTERS
Larry PAge, founder of Google. REUTERS

With the technology boom of the pandemic, it managed to increase its assets with a profit of $ 37.9 billion.

6. Bill Gates ($ 37,000 million)

The Microsoft founder took advantage of the pandemic to increase his fortune thanks to the value of his portfolio and the rise in shares of the company, in which he owns a 1.3% stake, or of Berkshire Hataway – which includes more than 45% of your portfolio.

Microsoft founder Bill Gates.  EFE / Lenin Nolly / Archives
Microsoft founder Bill Gates. EFE / Lenin Nolly / Archives

This has led him to rack up profits over the past 12 months of $ 37,000 million, so his net worth, according to Bloomberg, currently stands at $ 139,000 million.

7. Sergei Brin ($ 36.5 billion)

    SErgei Brin, President of Alphabet.  AP
SErgei Brin, President of Alphabet. AP

Sergei Brin, president of Alphabet and one of the founders of Google, profited from the trend in the group’s stocks, with increases of 88% last year. He thus succeeded in increasing his fortune by 36,500 million dollars.

8. Steve Ballmer ($ 27,400 million)

Steve Ballemer, former Microsoft executive.
Steve Ballemer, former Microsoft executive.

Ballmer was CEO of Microsoft between 2000 and 2014 and earned $ 27.4 billion in the past 12 months, which puts his net worth at around $ 85.6 billion, according to Bloomberg.

9. Warren Buffett ($ 23,900 million)

Warren Buffett, investor and entrepreneur.
Warren Buffett, investor and entrepreneur.

Since a year Warren Buffett managed to increase its equity by 23.9 billion USD. His fortune is $ 99.8 billion, according to Bloomberg.

10. Amancio Ortega ($ 21.9 billion)

Amancio Ortega, founder of Inditex.
Amancio Ortega, founder of Inditex.

The founder of Inditex He has a net worth of 74.1 billion USD. With online sales betting and other investments, part of his fortune has grown despite falling from 10th to 13th position among the richest men in the world, according to the Bloomberg Billionaire Index.

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