Canada expands list of billionaire countries in new report



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By Anthony Vasquez-Peddie, Editor, CTVNews.ca

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Toronto, Ontario (CTV NetworkCanada added seven billionaires in 2020, bringing its total to 53, tied for 12th in the world, from 14th the previous year, according to a new global report.

The combined wealth of Canadian billionaires also exceeds US $ 100 billion, an increase of 4.5 percent from last year.

In its latest billionaire census, Wealth-X, a very high net worth data company (UHNW), said the number of billionaires worldwide exceeded 3,000 (up to 3,204) for the first time in 2020, after the entry of 670 additional people. the billionaire class. The combined wealth of this group is now around $ 10 trillion.

The share of wealth held by billionaires among the UHNW class, which is defined as those with a net worth of US $ 30 million or more, has also increased to 28%, although billionaires are only one percent. percent of the UHNW population.

Seven of the world’s 15 biggest billionaires have made their fortunes in the tech industry.

Here are the top five billionaires by net worth listed by Wealth-X:

Jeff Bezos, Amazon, $ 201.2 billion Elon Musk, Tesla, $ 181.1 billion Bernard Arnault, Moët Hennessy Louis Vuitton, $ 154.4 billion Bill Gates, Bill and Melina Gates Foundation, 142.4 billion dollars Mark Zuckerberg, Facebook, 137.4 billion dollars, Facebook Here is a breakdown of the top 15 countries ranked by billionaire population and their combined wealth.

United States, $ 927.3709 billion China, $ 410.1303 billion Germany, $ 174.515 billion Russia, $ 120.397 billion United Kingdom, $ 119.225 billion US Hong Kong, US $ 111.282 billion Switzerland, US $ 107.318 billion India, US $ 104.316 billion Saudi Arabia, 64, US $ 144 billion France, 64, US $ 238 billion Italy, 60, US $ 169 billion Brazil, US $ 53, 151 billion Canada 53, US $ 100 billion United Arab Emirates, US $ 50, 151 billion billion Singapore, US $ 50.86 billion Wealth- X lists Hong Kong as a semi-autonomous special administrative region of China.

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