Forbes just released its billionaires list and multiple Washingtonians are on it
2020 was definitely a year for the books. We experienced a pandemic, an election, and much more. So while many of us had one of the hardest years of our lives, the world’s rich got richer. In fact, 2020 was kind of a record-breaker for billionaires. Want to know more? Keep on reading.
According to Forbes, the world’s wealthiest had a great 2020. In fact, 493 were new billionaires were added to their 35th annual list of the world’s wealthiest. These newcomers brought the total number of the world’s billionaires up to 2,755 which is 660 more than a year ago. And if you’re wondering, their combined wealth adds up to $13.1 trillion which is up from $8 trillion in 2020. Crazy right?
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As you might have guessed, there are some local names on the list. Of course, Jeff Bezos is the world’s richest for the fourth year in a row with a worth of $177 billion. And while that might seem big, he is just one of the US’s 724 billionaires.
Some of the locals joining him are Bill Gates at #4 with $124 billion, Steve Ballmer at #14 with $68.7 billion, and Mackenzie Scott at #22 with 53 billion. But if you take the time to scroll through the list you’ll see many other local names.
Now, these individuals’ wealth fluctuates on a day-to-day basis. So in order to calculate this data, Forbes used multiple metrics as well as “stock prices and exchange rates from March 5 to calculate net worths”. Who knows, maybe if your business idea takes off you could join the list in 2022.
If you’d like to learn more or see the full list of names you can click here. It’s a little crazy to see just how many local names are on the list. But we suppose that’s the power of tech! With that, have a great rest of the week.