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While countless of small to medium scale businesses went out of business due to the harsh reality of the pandemic,“Covid-19 hasn’t stopped the spread of billionaires, who multiplied at an astounding rate over the past year. A record 493 people joined Forbes’ World’s Billionaires list this year—meaning the world on average gained a new billionaire every 17 hours since Forbes last took a snapshot of billionaire wealth on March 18, 2020. The previous record for most new billionaires in a year was 290 in 2015″.
According for Forbes who is the global leading entrepreneurship and lifestyle platform, “the average net worth of these 493 newcomers: $2 billion. Their average age: 54 (vs. 63 for the overall list of 2,755 billionaires). A full 84% of them are self-made billionaires, who founded their companies rather than inherited them (vs. 72% for the overall list)”.
Kate Wang, Founder RLX Technology. $5 Billion Net Worth.
CEO of Chinese e-cigarette and vaping company RLX Technology. At 39, she is one of the world’s youngest self-made female billionaires.
See full list by clicking HERE