Jeff Bezos world's richest person again, beats Tesla's Elon Musk: Forbes

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Covid-19 hit many people's pockets last year, but the world's billionaires just kept getting richer.
Billionaires have added US$8 trillion (NZ$11.3 trillion) to their net worth since last year, Forbes reported in its annual ranking, a staggering jump in the accumulation of individual wealth and a stark contrast to the coronavirus pandemic's impact on economies.

Forbes released its 35th annual list of the world's billionaires on Tuesday, reporting 2755 billionaires - a 30 per cent jump from a year ago - and 493 of them new additions.

Eighty-six per cent of those billionaires are richer than they were a year ago, in the beginning stages of the pandemic. Forbes calculates net worth by using stock prices and exchange rates from March 5.

Jeff Bezos, the founder of Amazon and worth US$177 billion, is the world's richest person for the fourth year in a row, Forbes said. (Bezos also owns The Washington Post.)

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Hannah Denham
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