NewsWorld

Bloomberg: wealth of the world’s people grew by a quarter in a year

UNITED STATES (OBSERVATORY NEWS) — This year, the combined wealth of the 500 richest people in the world increased by 25 percent, or $ 1.2 trillion. It is reported by Bloomberg.

According to the annual “billionaire index” (Bloomberg Billionaires Index), their fortune as a whole is estimated at 5.9 trillion dollars.

This year’s leader was Bernard Arnault , the head of the French LVMH (Moet Hennessy – Louis Vuitton), which owns the brands Christian Dior, Louis Vuitton and Givenchy.

According to Bloomberg, his fortune increased by $ 36.5 billion over the year. At the same time, Arno occupies only the third line in the list of the richest people in the world.

Amazon CEO Jeff Bezos remains in first place , although he lost nine billion in a divorce proceedings. Online retailer stocks rose this week after the company announced record sales during the holiday season.

Online:

This article is written and prepared by our foreign editors writing for OBSERVATORY NEWS from different countries around the world – material edited and published by OBSERVATORY staff in our newsroom.

Our Standards, Terms of Use: Standard Terms And Conditions.

OBSERVATORY — Breaking news source, real-time coverage of the world’s events, life, politics, money, business, finance, economy, markets, war and conflict zones.

Contact us: [email protected]

Stay connected with Observatory and Observatory Newsroom, also with our online services and never lost the breaking news stories happening around the world.

Support The OBSERVATORY from as little as $1 – it only takes a minute. Thank you.

We are OBSERVATORY — the only funding and support we get from people – we are categorically not funded by any political party, any government somewhere or from any grouping that supports certain interests – the only support that makes OBSERVATORY possible came from you.