The Richest Two People In The World Earned Around $217 Billion In 2020 Alone

The world's 500 richest people got wealthier, too.
Richest People In The World: Two People Earned $217 Billion In 2020 Alone
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Managing Editor, Canada

The richest people in the world got a whole lot wealthier in 2020, according to a new report from Bloomberg Wealth.

Despite the global COVID-19 pandemic, the 0.001% benefited from “unprecedented” wealth growth last year.

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$1.8 trillion Was made by the world's 500 richest people in 2020

According to Bloomberg Wealth’s report, the 500 wealthiest people in the world became ever richer last year, adding US$1.8 trillion to their combined net worth.

This is the equivalent of a 31% wealth increase — the biggest annual jump in the Bloomberg Billionaires Index’s history.

The majority of these gains were at the top of the list, where five people now hold fortunes of over US$100 billion.

This includes the world’s two richest people, Amazon founder Jeff Bezos and Elon Musk, CEO of SpaceX and Tesla.

Together, the duo is believed to have earned US$217 billion in 12 months, which is over CA$276 billion.

Musk had a particularly staggering year, reportedly growing his wealth by over US$100 billion USD in one year.

GlobalMoney
  • Helena Hanson

    Managing Editor

    Helena Hanson (she/her) is the Managing Editor of Canada for Narcity and MTL Blog, where she brings her expertise in dreamy, aspirational travel journalism to life. A first-class graduate of Cardiff University's School of Journalism, Helena has a passion for inspiring readers to discover the magic in their own backyards. Originally from the U.K., Helena has spent years uncovering hidden gems and must-see destinations across countries like Sri Lanka, Vietnam, Indonesia, Japan, and more. Having lived in both Canada and Australia, she's become a seasoned expert in off-the-beaten-path adventures and bucket-list experiences that don't break the bank. Whether she's writing about things to do in Ottawa, Montreal, or her favourite spot—Disney World—Helena hopes to leave readers dreaming of their next adventure.

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