Washington Post

Billionaires club has grown by nearly a third, to 2,755, during the pandemic

The number of newly minted and reissued billionaires soared last year, Forbes reported Tuesday in its annual ranking, an accumulation of personal wealth that stands in sharp contrast with the widespread economic struggles unleashed by the pandemic.

The number of billionaires on Forbes' 35th annual ranking swelled by 660, to 2,755 - a roughly 30% jump from a year ago - and 493 of them are first timers. Sven out of eight of them are richer than they were before the pandemic. Forbes calculated net worth by using stock prices and exchange rates from March 5...

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