Jeff Bezos and Elon Musk top Forbes' annual billionaires list

[Shawn Knight]

The big picture: Collectively, the world’s 2,755 billionaires are worth a staggering $13.1 trillion, which is up from $8 trillion in 2020. What’s more, 86 percent of the world’s billionaires are worth more than they were a year ago.

Amazon founder Jeff Bezos has topped the Forbes annual list of the world’s wealthiest individuals for the fourth year in a row.

As of March 5, 2021, when Forbes used stock prices and exchange rates to calculate net worth, Bezos’ fortune sat at $177 billion. It’s even higher now – based on the previous day’s trading, Bezos is worth nearly $189 billion.

Tesla and SpaceX chief Elon Musk, meanwhile, holds the number two position with a fortune of $151 billion as of March 5. One year ago, he placed 31st with a net worth of just $24.6 billion.

Tech players dominated the upper echelon of wealth holders, accounting for seven of the top 10 spots, and include Microsoft co-founder Bill Gates at number four with $124 billion, Facebook founder Mark Zuckerberg at fifth with $97 billion, Oracle co-founder Larry Ellison at number seven with $93 billion and Google co-founders Larry Page and Sergey Brin at eight and nine with net worths of $91.5 billion and $89 billion, respectively.

Masthead courtesy dennizn

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https://www.techspot.com/news/89203-jeff-bezos-elon-musk-top-forbes-annual-billionaires.html

 

[QuantumPhysics]

I can't even imagine how much of that money he gained from student loans and purchases related to the Education industrial complex.

 

[OortCloud]

$177 Billion and yet still a tool.

 

[Theinsanegamer]

Fortunes grew considerably while the lower and middle classes suffered with job losses, pay cuts, business closures, and societal lockdowns. How convenient that the government keeps the lockdowns going no matter what and the fortunes of the 1% keep growing, almost like a disaster is being overblown and taken advantage of to enrich the elite again, just like 2008.

 

[Geralt]

Fortunes grew considerably while the lower and middle classes suffered with job losses, pay cuts, business closures, and societal lockdowns. How convenient that the government keeps the lockdowns going no matter what and the fortunes of the 1% keep growing, almost like a disaster is being overblown and taken advantage of to enrich the elite again, just like 2008.

This has always been like that, since time immemorial. No surprise then. And yes, a lot of people tried to change it to no avail. Even in the 21st century we have the same division between rich and poor. There must be a reason for things to go on like that maybe.

 

[toooooot]

Yea! While our government worked very hard to bankrupt as many of small businesses as they could, these got richer.
Notice us Jeff, notice us Elon. Did we do well?
Disgusting.